..

Delaware Sports Bettor Loses out On Over $100K

Written by:
Dan Shapiro
Published on:
Oct/12/2010

A Delaware sports bettor who had won 14 of his picks in a 15-team parlay following a push in the 49ers-Eagles game failed to hedge his bet properly, The Philadelphia Daily News has revealed.

As Gambling911.com has previously reported, the state of Delaware offers a $5, 15-team parlay bet which would result in a $100,000 payoff.  The individual in question placed that 15-team parlay bet and won with his initial 14 teams, however, due to the bye weeks, the final pick had to wait another week.  It was on the 49ers’, who at the time were a 3-point underdog.  They were then made a 3-point favorite following the Eagles Michael Vick suffering an injury.

Had the gambler properly hedged his bet online, the winnings could have been over $100,000.  Instead, he profited a mere $7000.  We won’t get into all the complicated math but let’s just say this gambler must be slamming his head against the wall right about now. 

The bettor’s original wager on San Francisco at +3 was a loss since Philly managed to win by 3 points, resulting in a push. 

Unlike with the online sportsbooks, Delaware’s 15-team parlay bet does not revert back to 14-team parlay odds with a push.  The push automatically results in a loss.  – Dan Shapiro reporting for Gambling911.com.

Gambling News

Woodley "I Love Jake Paul" Hand Tattoo and Jake Paul Rematch Odds Posted

Woodley "I Love Jake Paul" Hand Tattoo and Jake Paul Rematch Odds Posted

The drying ink on Tyron Woodley's middle finger says he wants to run it back.

Eagles Win Against Cowboys: 70 Percent Action on Dallas But Line Coming Down?

Eagles Win Against Cowboys: 70 Percent Action on Dallas But Line Coming Down?

Gambling911.com is suddenly liking the Philadelphia Eagles to cover against the Dallas Cowboys Monday night.

Updated Division, Conference and Super Bowl Odds 2021-2022

Updated Division, Conference and Super Bowl Odds 2021-2022

For the first time since Patrick Mahomes became the starting quarterback in Kansas City, the Chiefs have a losing record. But that hasn't changed the team's season forecast, at least according to the odds.

NFL Week 3 MNF Odds – Philadelphia Eagles at Dallas Cowboys

NFL Week 3 MNF Odds – Philadelphia Eagles at Dallas Cowboys

We’re only in Week 3 of the NFL season but the winner of Monday night’s game between the Philadelphia Eagles and Dallas Cowboys will have sole possession of first place in the NFC East. This is a big deal since last year’s division champ finished with only seven wins and at least at the outset the group as a whole doesn’t appear all that much better. Again, it’s early and things can change, but the Cowboys look like a different team with Dak Prescott behind center.

Esports bookmaker announces esports betting statistics

Esports bookmaker announces esports betting statistics

LOOT.BET, a bookmaker specialising in esports betting, has released an analysis of the previous year's esports betting statistics, with well-known skin gambling games such as those on

Syndicate