Sports Betting on FOX Sports<\/a>.<\/p>\nClimbing the Ladder<\/p>\n
Betting the point spread is quite a common move. Not quite as common, but certainly not unusual, is betting alternate point spreads.<\/p>\n
Less common: Betting several alternate point spreads on one game, for huge money.<\/p>\n
Ever since Timberwolves-Nuggets Game 5, though, a BetMGM customer has employed that strategy to incredible success. In that game, the bettor placed $375,000 in straight bets across seven different point spreads.<\/p>\n
Those bets went 6-1, and the customer bagged $196,500 in profit.<\/p>\n
Since then, the bettor has fired in similar fashion on a handful of NBA playoff games. That included $250,000 in Sunday wagers on Knicks-76ers Game 4:<\/p>\n
$100,000 Knicks +5.5 (-225)$75,000 Knicks +4.5 (-190)$35,000 Knicks +3.5 (-170)$20,000 Knicks +2.5 (-150)$10,000 Knicks +1.5 (-135)$10,000 Knicks -1.5 (-105)<\/p>\n
New York then absolutely plastered Philadelphia 144-114 to complete a 4-0 sweep in the series. Obviously, all six bets were winners, for a net profit of $134,770 (total payout $384,770).<\/p>\n
That took the bettor\u2019s winnings over the past two weeks to a whopping $996,770, knocking on the door of a million bucks.<\/p>\n
Finally, in Sunday night\u2019s Spurs-Timberwolves Game 4, the winning run ended. The customer had $75,000 across five wagers on San Antonio, and went oh-fer as Minnesota won 114-109.<\/p>\n
Still, even after that $75,000 fallout, the bettor is up more than $920,000. And they will probably be back for more, perhaps as soon as Monday night.<\/p>\n
Fight Night<\/p>\n
It\u2019s a great feeling to win a bet with your own hard-earned money. But it\u2019s pretty nice to win it with someone else\u2019s money, too.<\/p>\n
A Hard Rock Bet customer did that on Saturday\u2019s UFC 328 card. The bettor utilized a $250 bonus bet, ostensibly a free ride, on a six-leg parlay.<\/p>\n
Now, to be clear, earning such bonus bets means you\u2019ve probably lost a fair amount of money along the way. Sportsbooks aren\u2019t just handing those out like candy on Halloween.<\/p>\n
Still, a long-shot parlay isn\u2019t a bad way to utilize such a free play. In this case, the odds were a hefty +40742, or just beyond 407\/1.<\/p>\n
And it wasn\u2019t on just any six fights from the 13-bout card. It was on six consecutive fights. Plus, the last leg was a big underdog, King Green +1200 to win by submission vs. Jeremy Stephens.<\/p>\n
But King did just that, finishing off Stephens with 40 seconds left in the first round. The $250 free ride became $101,604.17 in real money.<\/p>\n
Also on the UFC 328 card, a FanDuel Sportsbook customer perfectly predicted the five-bout main card. The bettor put a modest $25 on a parlay across all five contests.<\/p>\n
All five fighters won, and at odds of +6286 (about 63\/1), the bettor\u2019s modest wager turned into $1,596.53.<\/p>\n
It\u2019s not a six-figure payout, but neither is it a bad evening\u2019s work. I\u2019d take that ROI all day, every day.<\/p>\n
MLB Money<\/p>\n
Ahead of Thursday\u2019s afternoon slate of MLB games, a Fanatics customer put $750 on a five-leg parlay involving three matchups. The bettor mixed in a moneyline, a couple runlines and a couple totals.<\/p>\n
All five legs got there relatively easily. The biggest sweat was on the two Twins-Nationals legs.<\/p>\n
Washington won 7-5, with the game\u2019s final two runs coming in the bottom of the seventh inning. That clinched the legs of Nationals -1.5 and Over 10 runs.<\/p>\n
The odds were +3300, which would\u2019ve netted a fine profit of almost $25,000. But the bettor also utilized a 33% profit boost, hiking the odds to +4340.<\/p>\n
That bumped the profit to $32,548, for a total payout of $33,298.<\/p>\n
A Rory Story<\/p>\n
Some bettors, particularly sharp ones, find value in taking the No on Yes\/No prop bets. But most sportsbooks don\u2019t offer Yes\/No on props, at least not with any regularity. Perhaps on the Super Bowl and such.<\/p>\n
So generally, you only have one option, betting on something to happen. You don\u2019t get the option of betting on something not to happen.<\/p>\n
Prediction markets, however, give traders that option. And a ProphetX customer made the most of it in the PGA Tour\u2019s Truist Championship.<\/p>\n
In the Yes\/No on Rory McIlroy winning the tournament, No was -650. That meant it would take a $650 play to win $100.<\/p>\n
To make it far more worthwhile, the trader decided to bump it up to $100,000. And after McIlroy stumbled to a 4-over 75 in the third round, the deal was pretty much sealed.<\/p>\n
McIlroy tied for 19th, 10 shots behind surprise winner Kristoffer Reitan. So the ProphetX trader banked $15,384 profit (total payout $115,384).<\/p>\n
Missed It By That Much<\/p>\n
As is often noted in these articles: Parlays are a bookmaker\u2019s best friend. Nothing pleases a sportsbook risk room more than when the public betting masses play five- or 10- or 15-leg parlays.<\/p>\n
The house advantage goes way up with each leg added. No matter how well you do, all it takes is one leg to blow the whole thing up.<\/p>\n
A FanDuel Sportsbook customer learned that in Wednesday\u2019s Game 2 of the 76ers-Knicks series. But the bettor at least did the smart thing by utilizing a $500 bonus bet \u2014 rather than the patron\u2019s own money \u2014 on an 11-leg same-game parlay.<\/p>\n
Each leg was on the Over\/Under for a player\u2019s total points.<\/p>\n
With 22 seconds remaining, 10 legs were in, and Miles McBride stepped to the free-throw line with a chance to bring that 11th leg home. McBride had three points; two more would reach his total of five points or more.<\/p>\n
He hit the first free throw, then missed the second. Four points. Parlay dies. One charity-stripe miss away from a $12,256 payday.<\/p>\n
That\u2019s parlays in a nutshell.<\/p>\n","protected":false},"excerpt":{"rendered":"Over the past two weeks in the NBA playoffs, a BetMGM customer has used an interesting strategy to…\n","protected":false},"author":2,"featured_media":664839,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[557],"tags":[64,63,615,313633,313632,21944,5882,10109,590,85,72908],"class_list":["post-664838","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-au","tag-australia","tag-betting","tag-big-bets","tag-fairplay-big-bets","tag-gambling","tag-major-league-baseball","tag-national-basketball-association","tag-nba","tag-sports","tag-ultimate-fighting-championship"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/664838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=664838"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/664838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/664839"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=664838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=664838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=664838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}