The Seattle Seahawks are the heavy favorites in the betting markets, yet one sharp bettor has made a stunning move by backing the New England Patriots to lock in a multimillion-dollar profit-an absolutely unexpected hedge.
According to Yahoo Sports, a Nevada bettor placed three future wagers totaling $150,000 on BetMGM back in August, all tied to the Seattle Seahawks. If Seattle had won the Super Bowl LX, the payout would have been nearly $4.5 million.
The three bets were:
$50,000 on the Seahawks to win Super Bowl LX at +6000 (60-1 odds) potential profit of $3 million.
$50,000 on Seattle to win the NFC Championship at +2800 (28-1 odds) potential profit of $1.4 million.
$50,000 on the Seahawks to make the playoffs at +185 potential profit of $92,500.
The bettor has already cashed two of the three legs: Seattle clinched a playoff spot and then went on to win the NFC title. Everything now comes down to Super Bowl LX.
However, instead of riding the final leg for the full $4.5 million payout, the bettor decided to hedge his biggest ticket. He placed a $725,000 moneyline bet on the New England Patriots at +195 odds. If New England wins, this wager alone would return more than $1.4 million in profit-securing a guaranteed net win of approximately $1.5 million no matter the outcome of the Super Bowl.
Yahoo Sports also reported that Circa Sports in Nevada accepted two high-limit future bets on the Seahawks to win Super Bowl LX at +7500 (75-1 odds) from a new client in late August, creating a seven-figure liability for the sportsbook. Because of those wagers, Seattle winning the title would represent Circa’s worst-case scenario for futures this season.
Heading into the decisive game, the Seahawks are 4.5-point favorites over the New England Patriots in Super Bowl LX.
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