Current Events > Some guy bet $1.4 million on Chargers for a $11k profit last night >_>

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NeonTentacles
01/15/23 11:38:23 AM
#1:


https://twitter.com/darrenrovell/status/1614603901021437954

lmao

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pick4six
01/15/23 11:44:08 AM
#2:


Gamblers can be complete degenerates wtf lmao

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VampireCoyote
01/15/23 11:45:52 AM
#3:


profit is profit

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pick4six
01/15/23 11:45:57 AM
#4:


somebody said it would be like a normal person betting $1400 to win $11, it doesn't make sense

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VampireCoyote
01/15/23 11:46:50 AM
#5:


Makes sense if you want an easy $11

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Ratchetrockon
01/15/23 11:47:15 AM
#6:


Oh my lord

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__aCEr__
01/15/23 11:48:08 AM
#7:


"It's a sure thing."

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WrestlinFan
01/15/23 11:49:06 AM
#8:


I'll never feel a "thrill" like that in my lifetime probably lol.

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Rathinor
01/15/23 11:52:28 AM
#10:


So he lost a million bucks?
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Phantom36
01/15/23 11:53:10 AM
#11:


Raikuro posted...
Wait so you can bet more money than most people ever see in a lifetime and still instantly gain more money than most people see in a quarter and not lose anything? Does bet not mean what it's supposed to mean?

Sure it does because he lost the bet


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1337toothbrush
01/15/23 11:53:28 AM
#12:


So fucking stupid. Could make more money selling options with a lot less risk and without the possibility of instantly evaporating $1.4 million.

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pick4six
01/15/23 11:55:50 AM
#13:


With a low risk investment he could probably make $11k in about 2 months, he tried to risk it all to gain $11k ONE TIME, it really doesn't make sense to me


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gunplagirl
01/15/23 11:58:20 AM
#14:


Bruh

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MICHALECOLE
01/15/23 11:58:27 AM
#15:


I really hope this is the kinda person that does this all the time on blowout games and this didnt ruin somebody financially
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NeonTentacles
01/15/23 11:59:40 AM
#16:


VampireCoyote posted...
profit is profit
Except when you lose

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Agonized_rufous
01/15/23 11:59:49 AM
#17:


At that time, Jags had an 8% chance of winning

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#18
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NeonTentacles
01/15/23 12:00:38 PM
#19:


He would've only made a 0.8% return on that bet if he won

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IdiotMachine
01/15/23 12:04:24 PM
#20:


Obviously he thought it was a sure thing, and the payout shows that the casino also thought it was a sure thing.

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Rathinor
01/15/23 12:04:50 PM
#21:


It's the kind of thing a cryptobro would do
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chrono625
01/15/23 12:19:38 PM
#22:


If you want to throw your money away - the smart bet was betting Jacksonville money line when they were down 27-0.

they hit 2700-2800+ at that point.

youd win 40m if you laid 1.4m down.

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MICHALECOLE
01/15/23 12:52:05 PM
#23:


chrono625 posted...
If you want to throw your money away - the smart bet was betting Jacksonville money line when they were down 27-0.

they hit 2700-2800+ at that point.

youd win 40m if you laid 1.4m down.
>_>

thats not the smart bet
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chrono625
01/15/23 12:54:16 PM
#24:


MICHALECOLE posted...
>_>

thats not the smart bet

clearly the person laying 1.4m to win 11k has fuck you money. Otherwise no one is laying 1.4m to win 11k.

you have fuck you money and you want the action, so given these points the smart bet was Jacksonville money line at +2800.

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wanderingshade
01/15/23 1:01:17 PM
#25:


Just like Salty Bet

"10 Million on Rare Akuma"

*Dark Donald destroys*

"o no"

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mybbqrules
01/15/23 2:16:29 PM
#26:


MICHALECOLE posted...
I really hope this is the kinda person that does this all the time on blowout games and this didnt ruin somebody financially
I get the impression that if you have 1.4 mil just sitting around collecting dust, betting it and losing it won't break you financially.

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NeonTentacles
01/15/23 3:06:08 PM
#27:


bump

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YellowSUV
01/15/23 3:09:28 PM
#28:


Why would someone even make this bet? NFL teams are too close in skill to each other to risk that much money for the chance of a little gain.

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chrono625
01/15/23 3:10:09 PM
#29:


YellowSUV posted...
Why would someone even make this bet? NFL teams are too close in skill to each other to risk that much money for the chance of a little gain.

many gamblers dont even give a fuck about money, theyre addicted to the action.

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BeantownHero
01/15/23 3:13:23 PM
#30:


In his defense, a 27-0 lead in a playoff game against a QB making his first postseason start and at one point, had as many interceptions as completed passes, was about as easy a way to make 11 thousand dollars in an hour and a half as you can get.

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chrono625
01/15/23 3:21:23 PM
#31:


BeantownHero posted...
In his defense, a 27-0 lead in a playoff game against a QB making his first postseason start and at one point, had as many interceptions as completed passes, was about as easy a way to make 11 thousand dollars in an hour and a half as you can get.

but youre betting 1.4m to make 11k. Thats poor return on investment when its not guaranteed.

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NeonTentacles
01/15/23 8:36:10 PM
#32:


bump

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Anteaterking
01/15/23 8:54:25 PM
#33:


chrono625 posted...
but youre betting 1.4m to make 11k. Thats poor return on investment when its not guaranteed.

If you're talking about your expected value, every bet is a "poor return on investment" because the payout is calculated based on the odds minus the sportsbook's cut.

Like the closer it gets to guaranteed, the less money you make (down to 0 if it's a sure thing). It's fair to say that it's "not worth it" because if you win you don't even gain much but if you lose you lose big, but there's not really an argument regarding the return.

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Calwings
01/15/23 9:20:41 PM
#34:


Times like this are why I keep my laughing anime girls reaction image folder around

https://i.imgur.com/c6ZrYXs.gif

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DD_Divine
01/15/23 9:31:43 PM
#35:


VampireCoyote posted...
profit is profit


for the casino lol

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creativeme
01/15/23 9:32:28 PM
#36:


what about the people that bet on the jags to make a comeback? that would be a $100 bet would get you $12,500 right? so even throwing away $1 on it would get you $125.

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brestugo
01/16/23 11:36:07 AM
#37:


Thou shalt not wager on the Chargers! - The Bible

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Frolex
01/16/23 12:02:58 PM
#38:


pick4six posted...
somebody said it would be like a normal person betting $1400 to win $11, it doesn't make sense

thats because you lack the sigma male grindset

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Anteaterking
01/16/23 12:17:58 PM
#39:


creativeme posted...
what about the people that bet on the jags to make a comeback? that would be a $100 bet would get you $12,500 right? so even throwing away $1 on it would get you $125.

Essentially, but the numbers won't match up exactly because of the rake.

e.g. the Buccs/Cowboys game tonight the Cowboys are favored on the moneyline (-145) so if you bet $145 on them you'd win $100. But if you bet $100 on the Buccs and they win you only get $122 (+122).


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Ahdo
01/16/23 12:38:07 PM
#40:


Agonized_rufous posted...
At that time, Jags had an 8% chance of winning
Terrible bet if that's true. The pot odds don't even come close
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