Bettor wagers 6 figures on 76ers to win $2,010

michael777 · Aug 2, 2019

[FONT=&quot]Yahoo Sports[/FONT]<time class="date Fz(11px) Mb(4px) D(ib)" datetime="2019-08-01T04:13:44.000Z" itemprop="datePublished" data-reactid="14" style="zoom: 1; display: inline-block; font-size: 11px; margin-bottom: 4px; color: rgb(0, 0, 0); font-family: "Helvetica Neue", Helvetica, Arial, sans-serif;">Aug 1, 2019, 12:13 AM </time>[FONT=&quot]One gambler is supremely confident in the durability of the [/FONT]Philadelphia 76ers[FONT=&quot].[/FONT][FONT=&quot]Jeff Sherman of the Westgate Las Vegas Superbook announced on Wednesday that a bettor placed a $100,500 bet on the 76ers to make the playoffs next season.[/FONT]
[FONT=&quot]The price on the 76ers at the time was -5000. For those who aren’t inclined to sports gambling, that means that a bettor has to bet $5,000 in order to win $100.[/FONT]
[h=2]They win how much?[/h][FONT=&quot]The math on that adds up to a $2,010 return for said bettor if the 76ers indeed make the playoffs.[/FONT]
[FONT=&quot]Needless to say, that’s a significant amount of risk for a relatively small return.[/FONT]

Knightrofins · Aug 2, 2019

He just made an investment where he is getting 5% return over 8 months.

There are PLENTY of other investments where i'd rather put 100k.

First i need 100k to do so

DoublePlayBall · Aug 2, 2019

What if the NBA decides to have less teams in the playoffs (I know--Fat chance of that)... So basically he is betting they finish 8th or better if i understand his bet?

michael777 · Aug 2, 2019

Yes,he just needs them to make the playoffs

skins85 · Aug 2, 2019

if anyone wants to give me 100k for ill give ya back 102k in 8-9 months........just stupid.

seldomseen · Aug 2, 2019

How to launder money through a sports book.

rolltide · Aug 2, 2019

i can understand these wagers on an individual game but not on a full season. first off, you can't predict injuries and in nba 2-3 dudes go down and your bet is in trouble

what makes no sense is the 2% return when you can put 100k into a 1-year CD for at least 2.5% right now

agree that it looks more like laundering drug money than anything

Redagger029 · Aug 2, 2019

rolltide said:
I can understand these wagers on an individual game but not on a full season. first off, you can't predict injuries and in nba 2-3 dudes go down and your bet is in trouble

what makes no sense is the 2% return when you can put 100k into a 1-year CD for at least 2.5% right now

agree that it looks more like laundering drug money than anything

Last season. Golden State to win it all.