MORE than £1million is believed to have changed hands as punters pulled off a major coup betting on the outcome of Weymouth’s game against Rushden and Diamonds.

A leading bookmaker said the incident had ‘rocked the industry’ and was unprecedented for a non-league game.

Punters began placing large bets on a Rushden win as news spread that the Terras would be fielding a youth team after senior players refused to play amid concerns over insurance cover.

Some bookies, including Steve Blanks of Abbotsbury Road in Weymouth, suspended betting as online exchanges and high-street betting shops were inundated with people trying to place bets.

More than £680,000 was traded on one online exchange and bookies are believed to have paid out at least a further £500,000.

Meanwhile, fans are demanding answers on the future of the club after the young Terras side were beaten 9-0.

Manager Alan Lewer said that a decision had to be reached by midnight tonight if the club were to survive in the league.