In history, the Most Popular Sports Betting Losses
In history, the Most Popular Sports Betting Losses
Sports betting is full of emotion: when making a bet, there’s the thrill of suspense, and the joy when you win. But every coin has two sides, and sports betting is just as much about losing as it is about winning.The sickening disappointment when your bet falls flat is the flip side of all the fun stuff. When you’ve staked a few million, imagine the feeling! We are taking a look at some of the most surprising defeats in the history of sports betting. Read it and weep (and just be happy that you weren’t)!Don’t forget to find out the greatest wins in the history of sports betting to raise your spirits afterward!
Vegas Dave’s Loss ‘Cupcake’
David Oancea is first up, best known as Vegas Dave. This famous sports bettor is known for UFABET bragging about his big bets and even bigger wins on long-shot bets on his Instagram account.Nevertheless, in 2016, when he bet $1 million on female MMA champion Miesha ‘Cupcake’ Tate at the UFC 200, he had to eat humble pie. In a fight to keep her bantamweight belt, Tate faced Amanda Nunes. Tate was overwhelmed by a rear-naked choke inside three minutes and 16 seconds of the first round, losing the Nunes title (and losing a million bucks to Vegas Dave).However, Oancea seemed to take it in his stride, and claimed that he was more worried about Tate’s broken nose than he was about the cash. Not sure we’d be so calm about losing a cool million, but you probably have to lose it when you’ve got it to gamble.
An Costly Hole Michael Jordan Plays
The legend of the NBA is a notorious gambler. In reality, because of his gambling antics, Jordan’s early retirement is said to have been a hidden suspension.No wonder he built up a debt of $1.2 million in the first place, though …In a tell-all novel,’ Michael & Me: Our Addiction to Gambling… My Plea For Help! Betting buddy Richard Esquinas described one incident in Jordan that led to a businessman losing $1.2 million after a 10-day golf and betting spree. He managed, evidently, to recover some by playing, managing to bargain it down to $300,000.It’s not shocking that when he’s known to play a single hole for $100,000, he racked up the $1.2 million debt in the first place though.Perhaps Michael can take his own advice to keep things “fun to entertaining.” Then again, losing $1.2 million is nothing boring.
His winnings and losses, Brit bets
Steven Richards is a roofing contractor from Britain who is also an ardent sports fan and bettor. He enjoyed an incredible accumulator bet in 2013 that began with a bet of £ 10 ($13).Richards took his total up to £ 38,970 (approx. $52,800) by accurately predicting the winners of 12 rugby matches. Obviously, luck went to his head and Steven wanted to gamble on another rugby match a week later. Not the previous £ 10 bet, but a whopping $30,000 to beat Australia in Wales.He would have been £55,000 richer if they had prevailed, but alas, Australia prevailed with a 30-26 win at the Millennium Stadium, Wales.His winnings from the previous week had scarcely hit his account until it was gone again. That must hurt!
Double Whammy by Birdman
Big-time bettor After a stunning loss on Super Bowl bets, Birdman was not a satisfied hip-hop star. Twice. Twice.Birdman, a lifelong New England Patriots fan (and well-known for his social media boasts), said that during the Super Bowl XLVI he was prepared to put $5 million on the Pats. Birdman was uncharacteristically quiet when one sportsbook called his bluff, challenging him to put his money where his mouth is.However, he did take a ‘smaller’ bet of $1 million on the game against 50 Cent. Sadly for Birdman, at 21-17, the New York Giants won the game, making him a little less wealthy and ‘Fiddy’ a little more so.Birdman doesn’t seem to have learned his lesson, because he was back on Instagram when Super Bowl LII rolled around, bragging about a $100,000 bet on Philly rapper AR-Ab. There were subsequent posts that increased the bet total to $200,000, but they vanished mysteriously.Again, to beat AR-Ab ‘s Philadelphia Eagles, Birdman helped his beloved Patriots. With a 41-33 victory, the Eagles were triumphant and Birdman was once again a loser.
Matthew Webb Daredevil
Sports betting and missing out spectacularly, of course, is not a modern phenomenon. This one goes back to 1883, with Matthew Webb, the British daredevil and gambler.As the first man in history to swim across the English Channel, Webb rose to fame. By betting against the public for different swimming challenges, he made his living. For 74 hours straight, he once won £400 (a big amount in those days) by swimming.Webb entered the water on July 24, 1883, and was never seen again. The biggest sports betting loss of all time, quite probably.He came to America in 1881 and had a couple of good challenges, but money ran out. He realised he wanted to lift the stakes. Betting that he could swim through the whirlpool of Niagara Falls, he asked. The bet was staked at $10,000 and Webb entered the water on July 24, 1883, and was never seen again. The biggest sports betting loss of all time, quite probably.
Losing a million is not such a big deal for most of these guys, but it will make any casual bettors cry out! We’d love to say that we never felt the pain of losing a sports bet, but we’d be lying. For the best of us, it happens.But that doesn’t mean you’re not going to boost your sports betting record. With our in-depth series of articles on how to bet on sports, check out our detailed guide to sports betting strategy to start betting like a sharp, or master a specific sports.