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A bettor is risking $200k to potentially win $1,761, betting the Browns won't win the SB
Posted on 6/2/26 at 2:04 pm
Posted on 6/2/26 at 2:04 pm
(I laugh because 9-month CDs pay about 4x these potential winnings with no risk of loss of capital)
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 6/2/26 at 2:12 pm to Chucktown_Badger
Yeah, this is retarded. Leave that money in a damn checking account and you'll earn that. Instead, the casino will be earning interest on that guy's $200K for the next 9 months.
Posted on 6/2/26 at 2:16 pm to Chucktown_Badger
That’s not much over the interest rate. Seems stupid.
Posted on 6/2/26 at 2:19 pm to Chucktown_Badger
I'd be willing to bet that someone bet him to do this.
Posted on 6/2/26 at 2:21 pm to Chucktown_Badger
Classic Sir Winston bet
Posted on 6/2/26 at 2:23 pm to Chucktown_Badger
There has never been a bet made in history more guaranteed
Posted on 6/2/26 at 2:28 pm to lepdagod
quote:
There has never been a bet made in history more guaranteed
It's very likely a winning bet which is reflected in the payout, but that's not really the point. There's still a non-zero chance he loses it all...vs. putting it in a CD and making 4x as much return with 0 chance of losing it all.
Posted on 6/2/26 at 2:44 pm to Chucktown_Badger
I'm guessing this is related to some sort of rewards program the bettor is trying to achieve or maintain.
Posted on 6/2/26 at 2:48 pm to Chucktown_Badger
He's farming the airdrop.
Posted on 6/2/26 at 2:50 pm to Chucktown_Badger
quote:that was my thought before I even opened the thread, they’d get more in a savings account
laugh because 9-month CDs pay about 4x these potential winnings with no risk of loss of capital
One of those things as a bettor that irrationally makes my blood boil when people bet on anything at 99% or -10000 odds. Just stupid unnecessary risk
if there’s any benefit of the doubt though I will say from betting on Kalshi that they do pay out a 3.25% apy interest on open positions so maybe poly market does same and he’s getting interest plus any return the bet will eventually yield
Posted on 6/2/26 at 2:57 pm to skullhawk
quote:That has to be the answer. It’s the only thing that makes sense.
I'm guessing this is related to some sort of rewards program the bettor is trying to achieve or maintain.
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