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Published 13:03 8 Feb 2016 GMT
Updated 13:11 8 Feb 2016 GMT
One fan stuck £40 on Ranieri's side at 5000/1 at the start of the season and could win £200,000 if they do the business.
In fact just 20 Sky Bet customers would win a combined £1m if Leicester actually see it through.
“It’s great to see a Leicester City supporter having a speculative bet in August that is now a serious runner in February," said Sandro Di Michele, Head of PR at Sky Bet.
“If Claudio Ranieri’s team did the unthinkable it would be a terrible result for us, as we currently stand to lose over £5m if Leicester win the league.
"However it would be the greatest ever achievement in the history of the Premier League and who wouldn’t want to see that?”World Cup 2026 prize money: The staggering amount the winners can earn revealed
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