Sad beat: A $1.4 million live bet on the Chargers before their collapse might be the worst bet ever
Chargers #Chargers
For The Win 2 hrs ago Prince J. Grimes
The Los Angeles Chargers’ loss to the Jacksonville Jaguars after leading 27-0 is the third-largest blown lead in NFL playoff history, so naturally, it’s one of the worst betting beats of all-time too.
LA was favored to win, and all the people who had money riding on those odds were left stunned.
This bad beat is a lot worse for some, though. People actually put money on the Chargers’ moneyline after they were already leading by a lot, live betting the game when odds weren’t nearly as rewarding. Some of those bets were massive…like $1.4 million at a paltry -12500 odds massive.
That’s how much one DraftKings bettor lost on the game.
This has to be the worst bet I’ve ever seen. Risking $1.4 million to win $11,000 seems like hustling backwards. I don’t have $1.4 million to bet, so maybe this person knows something I don’t, but if I did have $1.4 million to play around with, that $11,000 wouldn’t feel like much…especially not at the risk of losing said $1.4 million…especially when the potential for the Chargers to Charger is always around the corner.
But while this person quite possibly placed the worst bet on the game (or ever?), they weren’t the only ones to make a bad decision Saturday night. A bettor at Caesars placed a $54,000 bet on the Chargers that would have won $1,080.
I’ll never understand these types of bets. I can only guess it’s people with a lot of cash to blow just doing it for the thrill.
My thoughts are with the people who made the more typical pre-game bets and had to ride the rollercoaster of emotions as their bets went from straight cash to straight ash in just a couple hours. Or even futures bets on the Chargers to win the Super Bowl like this one that would’ve WON $1 million.
Either way, there’s a lesson for everyone here: don’t bet money on the Chargers that you aren’t prepared to lose.
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