Bettor puts $500,000-plus on Super Bowl at Biloxi casino. Did he win or lose?
Summary
A significant bet of $548,000 was placed on the New England Patriots at the Beau Rivage Resort and Casino in Biloxi, Mississippi, shortly before Super Bowl Sunday’s game against the Seattle Seahawks. The bet consisted of a $348,000 straight bet on the Patriots with a 4.5-point spread, and two $100,000 parlay bets. The bettor stood to win over $1 million if all bets were successful. However, the Seattle Seahawks won the game 29-13, resulting in the loss of all three wagers. This large bet contrasted with the majority of bets placed elsewhere, with 60% of the money at DraftKings Sportsbook favoring the Seahawks. Another bettor, Jim “Mattress Mack” McIngvale, placed a $2 million wager on the Patriots through Caesars Sportsbook, also losing his bet. Overall, Americans were expected to legally wager a record $1.76 billion on the Super Bowl.
(Source:Sunherald)