It was more out of his own amusement really and the fact that science's greatest advances come about from unexpected results. If they couldn't find it then a whole re-think would of been needed. I doubt he actually disagreed with the fact it could exist.
Quote:
"This is an important result and should earn Peter Higgs the Nobel Prize.
"But it is a pity in a way because the great advances in physics have come from experiments that gave results we didn't expect.
"For this reason I had a bet with Gordon Kane of Michigan University that the Higgs particle wouldn't be found. It seems I have just lost $100."
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Stephen Hawkings own words.