UK bookmakers Ladbrokes Coral have prevailed in their fight with a punter who claimed Coral had unfairly refused to honor a £250k winning wager on Glasgow Rangers’ relegation.

In September 2011, punter Albert Kinloch (pictured) walked into a Coral betting shop and placed a £100 wager at 2,500:1 odds that Rangers would be relegated at the conclusion of the Scottish Premier League season. Five months later, the high-performing but financially struggling team was forced into administration and required to play the following season in the Scottish Football League’s Third Division after re-emerging under new management.

Kinloch believed he was owed £250k while Coral claimed Rangers hadn’t really been relegated, at least, not in the way Coral intended when it posted the team’s relegation odds. Both sides lawyered up and made arguments in the Court of Session in Edinburgh in January.

On Wednesday, Judge Lord Bannatyne addressed the parties’ different definitions of ‘relegate’ by saying that “the reasonable man is not only directed but driven to the rules of a particular sports when placing a bet in a sporting context. The natural and ordinary meaning of a sporting term is the definition of that term within the rules of the sport.”