A BOLTON Wanderers' supporter is celebrating after a betting company finally agreed to pay him £500 from a £25,000 win on the horses.

Bob Norburn, a 53-year-old millionaire who now lives in Canada, placed £5,000 each way on a horse which ran in the Cheltenham Gold Cup three months before the race.

Hors La Loi came second at 16/1 and Mr Norburn thought he had won £25,000, because he had seen an advertisement on the Internet offering tax-free bets. Mr Norburn said: "The advertisement said it was for all bets on the Cheltenham Gold Cup, but they claimed mine did not count because it had been placed three months earlier."

Mr Norburn, who is currently staying with his son Matthew in Westhoughton, protested outside the Tote's national headquarters in Wigan this week and threatened to spray the building with 3.5 tonnes of pig manure.

The Tote, who had originally said the offer was made two days before the race and did not apply to retrospective bets, agreed there was ambiguity in the wording and said it would pay the £500 into the millionaire's bank account.

Mr Norburn, who lives in the Nova Scotia province of Canada with his wife Pauline, made his millions in the 1990s exporting perfumes and cosmetics.

He said it was not the amount of money which bothered him, but the principle.