Ireland-based bookmaking giants Paddy Power have been forced to pay out at what is believed to be the highest price for a winning betting slip after Armenia’s win victory over Montenegro in a 2018 World Cup qualifier.

One lucky Coventry punter defied all odds to land an incredible 820,728/1 11-fold accumulator after placing a 25p bet at a city betting shop, the reports.

It was Gevorg Ghazaryan’s goal just seconds before the final whistle was due to be blown in Armenia’s Group E World Cup Qualifying game against Montenegro which landed the shock accumulator.

As a result, Ireland-based bookmaking giants Paddy Power have been forced to pay out at what is believed to be the highest price for a winning betting slip – and losing them £250,000.

Placed on Friday, the bet looked to be off as four of the eleven teams he selected were behind at one stage during their game – these being France, Plymouth, Cambridge United and Port Vale.

Incredibly, Port Vale netted a winner against Fleetwood Town in the 86th minute and the Czech Republic then scored a third goal for Czech Republic with just three minutes of time left.

However those results came nothing close to the shock that Armenia caused against Montenegro.

With a population of less than three million, the underdogs found themselves 2-0 down at half time – meaning Armenia had to score at least three times in 45 minutes for the bet to be landed.

Five minutes after half-time Varazdat Haroyan pulled one back, but Armenia only struck the equaliser after 74 minutes.

The clock ticked past 90 minutes, however with just seconds left in the game hero of the hour Ghazaryan scored – netting the city punter a massive £250,000.

A Paddy Power spokesman said the £250k win is one of the biggest on record from such a small stake.

They added: “We already took a beating after Donald Trump was elected as US president, and this Coventry lad has rubbed salt into our wounds by landing this miracle punt.

“I’ve no idea where Armenia is but hopefully this lucky fella will spend some of his winnings on a flight to thank them in person.”