A man has cashed in a Grand National-winning bet 43 years late after finding the slip while clearing a house.

Bob Holmes discovered it while helping sort through his late father-in-law's paperwork. The £1 win-only bet backed Red Rum in the 1974 Grand National, which the famous racehorse won. It is thought to be a record for the oldest bet ever cashed in.

Mr Holmes, 76, contacted William Hill and the bookmaker confirmed the slip, placed at odds of 11-1, had never been cashed. It agreed to pay out on the bet, adjusted for inflation, meaning Mr Holmes gets £130 as well as £130 to place on Saturday's Grand National - plus a matching donation to his favourite charity, WaterAid.

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