People are truly buying into the hype of the Cleveland Browns after they had a great off-season.
One bettor really liked the team which is why a guy placed a $506,000 bet on the Browns at +3.5. If you have no clue what that entails, it means the Browns could only lose by three or less in order for him to get paid.
Down by seven with 33 seconds to go, Baker Mayfield tossed an interception, the Browns lost by seven, and the guy lost half a million dollars.
Via Action Network:
How big was the Rams support? Well, consider that William Hill came out on the right side of a $506,000 wager on the Browns to cover and still took a beating in the game.
“Even with the big fluke bet we took, this result was still horrible for us,” Nick Bogdanovich, the director of trading at William Hill, said. “This game was a massive handle and we took all Rams from -2.5 to -4. And almost everything we took live was on the Rams.”
The $506,000 bet came in at a William Hill book at the Ocean Casino Resort in Atlantic City. It was easily the biggest wager we’ve heard about this season.
“It was a relatively easy decision to take the bet,” Bogdanovich noted. “The guy is a regular customer with us.”
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If you can put a bet that large on a football game, then you probably have a rather large bankroll to work with. This hurts, but I’m sure the guy has more.