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FoxSports: Bovada Sportsbook lost close to $1M on the match

Posted by: Antibody on Apr 07, 14:17 in response to mike255's post Undertaker streak is over

http://msn.foxsports.com/buzzer/story/undertaker-s-loss-to-brock-lesnar-costs-gambling-site-a-lot-of-money-040714

about 1,000 wagers on the Lesnar-Undertaker match with eight times more people betting Lesnar than Undertaker.  Odds on the match ranged from 14-to-1 to 8-to-1.

Bradley said the maximum bet for the match was $100, but the site took some "over bets" with people betting as much as $500 on Lesnar.

 

using an average 11-to-1 odd = 11 * $100 * ~880 = ~968,000

Undertaker streak is over {nm} mike255 Apr 07, 05:59

FoxSports: Bovada Sportsbook lost close to $1M on the match Antibody Apr 07, 14:17





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