Another Texas Tech future ....$1,500 Texas Tech title bet could net $300K

Betallsports · Apr 3, 2019

The Texas Tech Red Raiders are playing in their first Final Four in school history, and one bettor is hoping their magical run continues.

Back in November 2018, a bettor wagered $1,500 on the Red Raiders to win the national championship at 200-1 odds at the SuperBook at the Westgate Las Vegas. The ticket would win $300,000. ESPN has confirmed with the SuperBook that the ticket is legitimate.

<aside class="inline inline-photo full" style="box-sizing: border-box; font-family: -apple-system, BlinkMacSystemFont, Roboto, Arial, "Helvetica Neue", Helvetica, sans-serif; height: 360.175px; border-width: 0px 0px 1px; border-top-style: initial; border-right-style: initial; border-bottom-style: solid; border-left-style: initial; border-top-color: initial; border-right-color: initial; border-bottom-color: rgb(220, 221, 223); border-left-color: initial; border-image: initial; clear: both; margin: 6px 0px 18px; padding: 0px 0px 15px; width: 565px; color: rgb(0, 0, 0); font-size: 16px;"><figure style="box-sizing: border-box; line-height: 0; margin: 0px; position: relative;">
<source data-srcset="https://a.espncdn.com/combiner/i?img=%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=570&format=jpg, <a href=" https:="" a.espncdn.com="" combiner="" i?img="%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=1140&cquality=40&format=jpg"" target="_blank">https://a.espncdn.com/combiner/i?im...40x360_16-9.jpg&w=1140&cquality=40&format=jpg 2x" media="(min-width: 376px)" srcset="https://a.espncdn.com/combiner/i?img=%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=570&format=jpg, <a href="https://a.espncdn.com/combiner/i?img=%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=1140&cquality=40&format=jpg" target="_blank">https://a.espncdn.com/combiner/i?im...40x360_16-9.jpg&w=1140&cquality=40&format=jpg 2x" style="box-sizing: border-box;"><source data-srcset="https://a.espncdn.com/combiner/i?img=%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=375, <a href=" https:="" a.espncdn.com="" combiner="" i?img="%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=750&cquality=40&format=jpg"" target="_blank">https://a.espncdn.com/combiner/i?im...640x360_16-9.jpg&w=750&cquality=40&format=jpg 2x" media="(max-width: 375px)" srcset="https://a.espncdn.com/combiner/i?img=%2Fphoto%2F2019%2F0403%2Fr523743_640x360_16%2D9.jpg&w=375, https://a.espncdn.com/combiner/i?im...640x360_16-9.jpg&w=750&cquality=40&format=jpg 2x" style="box-sizing: border-box;">

<figcaption class="photoCaption" style="box-sizing: border-box; color: rgb(72, 73, 74); font-size: 11px; line-height: 16px; padding-top: 10px; position: relative;">A $1,500 wager on Texas Tech will net over $300,000 if they win it all. <cite style="box-sizing: border-box; color: rgb(165, 166, 167); font-style: normal; display: inline-block;">SuperBook</cite></figcaption></figure></aside>Now, the bettor is looking to potentially hedge his bet and cash out through PropSwap, a secondary marketplace that allows sports bettors to buy and sell their futures tickets. The ticket has been posted with a price of $65,000, which would be the largest cashout in the company's history (since 2015).

The SuperBook has set up its futures book well and isn't too concerned. "Auburn is our only liability, and a small one at that," SuperBook vice president of risk Jeff Sherman told ESPN.

<aside class="inline editorial float-r" data-behavior="article_related" style="box-sizing: border-box; font-family: -apple-system, BlinkMacSystemFont, Roboto, Arial, "Helvetica Neue", Helvetica, sans-serif; height: 216.8px; border: 1px solid rgb(220, 221, 223); clear: none; margin: 6px 0px 15px 18px; padding: 15px; width: 282.5px; float: right; color: rgb(0, 0, 0); font-size: 16px;">EDITOR'S PICKS

PropSwap: the eBay for sports bettors

There currently is no secondary market for sports betting in Nevada. Two young Vegas entrepreneurs are attempting to change that with their company PropSwap, which allows customers to buy and sell live wagers before an event takes place.

</aside>Michigan State is a consensus 2.5-point favorite over Texas Tech at U.S. sportsbooks. As of Tuesday night, nearly 60 percent of the money on the spread and 93 percent of the money on the moneyline at William Hill US sportsbooks was on Michigan State.

Texas Tech would be a 2-point favorite over Auburn if both advanced, and a 3-point underdog against Virginia, per the SuperBook.

cloverleaf · Apr 3, 2019

Texas Tech has won 30 games by playing the best defense in the country. Coach
Chris Beard teaches an aggressive defensive scheme and his players have learned
well.

No. 3: scoring defense
No. 2: field goal percentage allowed
No. 8: 3 points made (29%)
No. 14: blocked shots

Lots to like about this team...………

*Good to see you back BAS...let us know how you are progressing every now and then.

Enfuego · Apr 3, 2019

cloverleaf said:
Texas Tech has won 30 games by playing the best defense in the country. Coach
Chris Beard teaches an aggressive defensive scheme and his players have learned
well.

No. 3: scoring defense
No. 2: field goal percentage allowed
No. 8: 3 points made (29%)
No. 14: blocked shots

Lots to like about this team...………

*Good to see you back BAS...let us know how you are progressing every now and then.

Favorites have won all 6 National Semifinal games the last three years (4-2 ATS).

NewYorkKnight · Apr 5, 2019

Dez Bryant bid at $50,000 ... Was denied ... He said that's as high as he was going

Per PropSwap ... Just got a confirmed bid of $57,500

NewYorkKnight · Apr 5, 2019

Seller still looking for $65K

FairWarning · Apr 5, 2019

Derek Stevens (owner of the D Casino on Fremont St) has $8000 on Mich St at 12/1 for a cool $96000.

michael777 · Apr 5, 2019

A couple of players on TT are fighting the flu

JackStraw77 · Apr 6, 2019

The guy with the 300K ticket has more tickets on TT. $1500 at 40-1 and $800 at 125-1.

https://twitter.com/BFawkesESPN/status/1114305083666259970

terps1313 · Apr 6, 2019

Curious how many losing tickets he has as well... obviously those won't be advertised.

dnf0027 · Apr 6, 2019

terps1313 said:
Curious how many losing tickets he has as well... obviously those won't be advertised.

if Tech wins it tho, we all can assume he is up :toast:

The Greatest One · Apr 6, 2019

Just no way tech or auburn when the whole thing. Can’t happen. Neither one of those teams will be getting calls down the stretch in close games today.

NewYorkKnight · Apr 6, 2019

Per PropSwap, the guy with the $1,500 ticket on Texas Tech is going to let it ride

He was looking for at least $62.5K ... $57.5K was highest bid

dnf0027 · Apr 6, 2019

The Greatest One said:
Just no way tech or auburn when the whole thing. Can’t happen. Neither one of those teams will be getting calls down the stretch in close games today.

hell of a prediction lol...saying someone wont win because they wont get calls? k

terps1313 · Apr 6, 2019

New York Knight said:
Per PropSwap, the guy with the $1,500 ticket on Texas Tech is going to let it ride

He was looking for at least $62.5K ... $57.5K was highest bid

He can just hedge it himself and get very close to that #. Not sure why he wants to throw away money going thru a 3rd party.

terps1313 · Apr 6, 2019

I take that back as the price he's looking for is more then the potential hedge amount. That makes sense.

JackStraw77 · Apr 6, 2019

Looks like somebody is a happy camper.

LargeMarge · Apr 6, 2019

dnf0027 said:
hell of a prediction lol...saying someone wont win because they wont get calls? k

He’s the village idiot...don’t mind him

thekeyman · Apr 7, 2019

New York Knight said:
Per PropSwap, the guy with the $1,500 ticket on Texas Tech is going to let it ride

He was looking for at least $62.5K ... $57.5K was highest bid

Hey,this is called gambling right,so just let it ride and wait for the out come.I know people will say its easy for me to say cause its not my money,well thats true,but he played it to win the championship and is right there playing in the final,so let it ride,they do have a good chance of winning this game,and to place a 1500.00 bet on TT took some guts,so roll with the punches,.....funny when i was in Vegas two weeks ago i was going to put money on Tech at 40/1,but said the hell with it,well i just might be kicking myself in the ass,....i do have Virginia though

Betallsports · Apr 7, 2019

Looks like a pretty good payday for him coming up

Betallsports · Apr 7, 2019

thekeyman said:
Hey,this is called gambling right,so just let it ride and wait for the out come.I know people will say its easy for me to say cause its not my money,well thats true,but he played it to win the championship and is right there playing in the final,so let it ride,they do have a good chance of winning this game,and to place a 1500.00 bet on TT took some guts,so roll with the punches,.....funny when i was in Vegas two weeks ago i was going to put money on Tech at 40/1,but said the hell with it,well i just might be kicking myself in the ass,....i do have Virginia though

but if he hedges , he's guaranteed a $200K payout

Another Texas Tech future ....$1,500 Texas Tech title bet could net $300K

Member

New member

Member

When you're broke, you Break

When you're broke, you Break

Official Rx music critic and beer snob

Member

Member

Member

stuntin'

Banned

When you're broke, you Break

stuntin'

Member

Member

Member

Banned

Member

Member

Member

Forum statistics

Share this page