Home » 未分類 » UFC costs sportsbook nearly $1M

UFC costs sportsbook nearly $1MPCMAX

2019年11月20日 category : 未分類 

A remarkable variety of upsets at UFC Fight Night 61 led to a historical beating for the sportsbook Bovada.LV.
Frank Mir’s success over Antonio Silva in the main event in Porto Alegre, Brazil, on Sunday night marked the win costing Bovada almost $1 million, according to the manager of the sportsbook.
Underdogs went 10-1, and consequently, parlay bets, in which gamblers bet between $1 and $5 on all underdogs, hit large.
According Bovada sportsbook director Kevin Bradley, one bettor had a $ 4 all-underdog parlay that paid $85,000 to. Another had four parlays that paid $25,000 each.
“We had at least a dozen of those bets which paid out $10,000 or more,” Bradley said.
When was tallied up, Bradley stated the reduction approached nearly $1 million.
“We take in so much more money on the NFL or the NBA that when you have these types of softball champions, it is difficult to hurt [our business],” Bradley said. “With UFC, this will be tough to come back from.”
“Normally, going in an event, I understand what we need,” Bradley added. “However, I was focused on the Oscars and the Daytona 500, both of which we had been… doing well on. What occurred with UFC is just so rare.”
Bradley said the outcome was such a failure for the sportsbook which Bovada will probably need to win big in the Floyd Mayweather vs. Manny Pacquiao struggle on May 2 to create its UFC/boxing book a rewarding one in 2015.
“We’re not getting this money back from the people that won,” Bradley said. “The type of bettor that wins these bets throws a small sum of money on each of the favorites or all the underdogs to try to become rich. Well, I guess it worked.”

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