Natural History Museum takes punt on discovery of Loch Ness monster

A museum has a deal with a top bookmaker to display the Loch Ness monster - if the beast is ever caught. The Natural History Museum has thrashed out an agreement with bookmaker William Hill which would see the monster go on public display. For more than 20 years, William Hill has been paying the museum a retainer to showcase Nessie's remains in return for verifying her existence. Documents released by the museum, based in South-West London, show a deal between the two parties was struck in 1987. And since then, the museum has received an annual payment of £1,000 a year from William Hill, totaling £22,000. Under the terms of the deal, the bookmaker has guaranteed to pay for experts to provide 'positive identification' of Nessie in the unlikely event that she is discovered and captured. The agreement also covers the Yeti. William Hill offers odds of 500/1 on the existence of the Loch Ness monster being proved within a year.

The odds on the Yeti - a mythological hairy, white creature celebrated since the 19th century and also known as the 'Abominable Snowman' - being discovered are 200/1. A clause in the deal, revealed in previously unpublished documents from the museum's archive, stipulates that it could exhibit the creatures or the parts of them that were used to prove their existence. A letter from Graham Sharpe, William Hill's media manager, to the museum's press office sets out the terms of the arrangement.

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