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Colts’ collapse cost bettor $100K on 15-team parlay

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The Indianapolis Colts led the Philadelphia Eagles 17-6 at halftime on Monday night and were up 14 points midway through the first quarter, but they just couldn’t hang on. The Eagles came soaring back to grab a 30-27 victory. They pried $100,000 away from one bettor’s fingertips in the process.

Well, the guy didn’t lose $100K. He actually only bet $5, but all he needed was a Colts victory by three or more points to complete his 15-team parlay and pocket six figures.

“Honestly, we were rooting for the guy, starting with Sunday night’s game,” Delaware Lottery director Vernon Kirk told David Purdum of ESPN.com. “Our risk manager told us Sunday night that only one person had hit 13 games and needed the Bears and Colts.

“It definitely looked like Delaware had a winner when the Colts were up 14 midway through the third quarter. Then to have the Eagles rally like that — and to win in the last three seconds of the game — it was agonizing to watch when you knew one player was so close to such a big payout.”

I can’t even imagine how much that stings. Nobody expects to win a 15-team parlay when you place the wager, but when you get down to the final one or two games you definitely start seeing money signs. As ESPN noted, no one has hit a 15-team parlay with the Delaware Lottery — the largest legal sports betting operation in America outside of Nevada — since 2011. The odds of winning one are 32,000-1.

Alabama game ended in an incredible bad beat

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As expected, Alabama cruised to an easy victory over Florida Atlantic on Saturday. The Crimson Tide ended up winning 41-0 in a game that was shortened due to inclement weather. FAU had no problem calling the game early because they stood no chance of coming back, but anyone who bet on Alabama was left seeing red.

No, not the good kind.

The game was stopped because of lightning with 7:53 seconds remaining in the fourth quarter. If you bet on the game, you probably got Alabama laying somewhere between 40 or 41 points. Even if you had them at -41, the Tide were on the FAU 4-yard line at the time the weather arrived and were almost certainly going to score another touchdown and cover the spread. Too bad, because any game that doesn’t go at least 55 minutes is considered no contest.

In other words, all of the wagers were cancelled. Anyone who was brave enough to bet on FAU was probably dancing in their seat, but those who bet on Alabama got screwed. I suppose no action is better than some of the other bad beats we have shown you over the years, but what are the odds of a football game being called early due to weather? It almost never happens. If you bet on Bama, we feel your pain.

Rory McIlroy’s dad Gerry stands to win big money on old British Open bet

rory-mcilroy-fatherOne of the coolest aspects of Rory McIlroy potentially winning The Open Championship at Hoylake this weekend is that his father will cash in big on a 10-year-old bet.

As we wrote back in 2011, McIlroy’s father, Gerry, combined with three friends to place a £400 bet that Rory would win The Open Championship by the age of 25. Each person threw in £100 on the bet, and they received 500:1 odds. The payout is £200,000 — which should come out to £50,000 apiece.

We wrote about the story back in 2011 because that was the year Rory won his first major. He captured the US Open in 2011 and the PGA Championship in 2012, but the closest he’d come to winning The Open Championship was when he finished third in 2010.

Until now.

Rory is 25, so this is his last chance to make good on his father’s wager. He enters the final round on Sunday with a 6-shot lead. Those who saw McIlroy blow a 4-stroke lead in the final round of the 2011 Masters know you can’t give him the Claret Jug just yet, but he sure has a great chance of winning. And how awesome would it be for him to win the bet on the last year he can?

Cavs nearly gambling favorites to win NBA title thanks to LeBron speculation

LeBron-CavsRumors and speculation about LeBron James possibly returning to Cleveland next season may be meaningless to many of you, but they mean plenty to Las Vegas oddsmakers and casinos. When the NBA season ended, the Cavaliers had 60-1 odds to win the 2015 NBA championship at most sportsbooks. They are now inching toward becoming the favorites.

As ESPN.com’s David Purdum pointed out, the Cavs are now 10-1 odds to win next year’s title at the MGM in Las Vegas. The reports about LeBron’s wife wanting him to go back to Cleveland and Cavs owner Dan Gilbert trying to make nice with James have inspired gamblers to drop some serious coin on a team that finished 33-49 last season.

“(The Cavs) are our biggest liability right now,” MGM VP of Race and Sports Jay Rood told ESPN. “We took a dime ($1,000) on them at 40-1.”

As of Monday night, only the defending champion San Antonio Spurs and Chicago Bulls had attracted more money at Vegas casinos than the Cavs. According to Las Vegas Superbook assistant manager and head NBA oddsmaker Jeff Sherman, there have not been many bets on the Cavs that were “significant” in size but the amount of wagers has already cut Cleveland’s odds from 60-1 to 30-1.

If LeBron did end up signing with the Cavs, Sherman said Cleveland would become one of the favorites at around 8-1.

“They are such a young team,” he explained. “They would be better positioned for the next season than this upcoming one.”

We don’t know if LeBron will go back to Cleveland. I’m starting to believe the hype while LB just doesn’t see it happening. Let’s just say if I lived next to a casino that had the Cavs at 60-1 to win next year’s championship, I’d probably have to give it some thought.

Did savvy bettor win small fortune betting Luis Suarez would bite opponent?

It looks like one savvy better in Norway capitalized on Luis Suarez’s tendency to bite opponents and cashed in pretty big Tuesday with a winning wager.

A screenshot of a betting ticket that appeared to be placed on a European betting site shows that someone placed a 32 Norwegian krone wager on Suarez biting another player at 175:1 odds. The 32 krone wager paid out 5,600, which isn’t bad at all.

Luis Suarez bite bet

It actually makes some sense that this would be available as a wager in the first place. Suarez entered the World Cup with a history of biting opponents. As our Steve DelVecchio outlined, this was the third time he’d done that in a match.

H/T Bryan A. Graham

Guy bets $1,600 on Rory McIlroy to win Masters after seeing McIlroy’s face in his pastry

rory-mcilroyRory McIlroy is a popular pick to win the 2014 Masters, which is not a surprise considering he is one of the best golfers in the world. But at least one guy didn’t need the World Golf Rankings or past tournament results to tell him to bet on McIlroy. He saw it in his breakfast.

According to the Irish Daily Mirror, a college lecturer and golf fanatic named Rob Price wagered $1,600 (€1,200) on McIlroy to win the Masters after a Danish pastry he ordered looked like the 24-year-old golfer. It sounds insane, but I can actually see what Price is talking about.

Price said he was going to put about $150 on McIlroy to win anyway but he had to bet big when Rory’s face was staring back at him.

“It’s got to be a sign – Rory’s face on a piece of food from his girlfriend’s home country,” Price said. “My mates have had a giggle and think I’m mad, but if I pocket €14,400, I’ll be the one laughing.”

For those of you keeping track in US dollars, €14,400 is roughly $20,000. Don’t forget, McIlroy’s fiancee Caroline Wozniacki is from Denmark (that means she’s Danish). That’s another sign Price took into consideration. While Price’s bet certainly qualifies for our growing list of crazy sports bets, we’re rooting for him.

H/T SI Hot Clicks

Nevada casinos made record $19.7 million profit on Super Bowl

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Peyton Manning making it to the Super Bowl and losing was the best thing that could have happened to Las Vegas. Manning has a cult following across America, which let to millions of dollars being placed on the Denver Broncos as 2.5-point favorites. They didn’t quite manage to cover the spread, and the end result was record Super Bowl profits for the state of Nevada.

As the Associated Press reported on Monday, gamblers wagered a record $119.4 million on Super Bowl XLVIII. The public lost in a big way as the majority of bettors backed Denver, leading to $19.7 million in profits for Nevada sportsbooks. The previous record for Super Bowl profits was set in 2005, when casinos made $15.4 million.

Had it not been for a few unlikely plays, the house would have made even more money. Anyone who bet on a safety got 8:1 odds, and those who bet on a safety being the first play of the game got somewhere in the neighborhood of 60:1. We already showed you one gambler who won $25K on the Broncos giving up a safety to start the game. The two-point conversion Denver converted late in the game also paid out 5:1.

“The safety is no longer in my vocabulary,” Wynn sportsbook manager Johnny Avello joked.

Casinos also made out on the over/under, where the total was set at 47.5. Most bettors — likely taking the potential for nasty weather and a ferocious Seahawks defense into consideration — took the under. The total ended up being 51.

As any logical person could tell you, the house always wins. Nevada sportsbooks have only come out on the losing end of the Super Bowl twice in the past 20 years, the last coming when they lost a record $2.6 million after the New York Giants beat the New England Patriots in 2008. Their profits from this year alone more than covered that hit.