Last year, Jim McIngvale made sports betting history by winning $72.66 million on a single baseball bet. Better known as “Mattress Mack”, the Houston mattress magnate bet $3 million on the Astros to win the World Series. Needless to say, he won his wager $72.66 million and it became the Biggest Sports Betting Win in history. However, he is not the only that has made a lot of money betting on sport. For your reading pleasure, in this article we will go over the Biggest Wins in Sports Betting in history.
Before we begin, according to Pay Per Head Bookie providers, “Mattress Mack” is somewhat an exception to the rule. This is because he made a large wager at 10/1 odds to win such a large amount of money. While it is a record-breaking win, it still pales in comparison to those who won big money with small risks.
This is because we will also be writing about bettors that had a lot of luck winning their bet. Yes, we talking about gamblers that took a chance on long shots and won. Furthermore, we are not just talking about winning a few dollars nor a few hundred. Instead, we are talking about bettors that made large amounts of money with small bets and big rewards.
Just keep in mind that these players are the exceptions that dreams are made of. In general, successful sports gamblers are the ones that steadily win by doing their research and following strategies.
Biggest Wins in Sports Betting in History
Steve Whiteley – In 2011, this 61-year-old heating engineer won $1,825,274 dollars from a $2 bet at the track. To make matters even more exciting, the $2 bet was from a free horse racing ticket. He won his wager after managing to match 6 horses on the Exeter Tote Jackpot.
James Adducci – For this wager, Adducci took a risk on the PGA Championship by making a future bet on Tiger Woods. He had a stake of $85,000 and won a whopping $1.2 million at William Hill.
Mick Gibbs – This roofer is famous for not winning one large sports betting jackpot but two. His first win was in 1999 when he made a 9-team football parlay and won £157,000 on a £2.50 bet. His second was in 2011 when the roofer made a £0.30 15-leg parlay bet with the astonishing odds of 1,666,666/1. Well, he won the accumulator bet and won £500,000!
Tayla Polia – She successfully won on 20,000-to-1 odds for a 15-leg parlay when betting on the NFL. The craziest part is she was an amateur sports bettor. Talk about beginners luck that got her a $105,000 payout.
Charles Barkley – Charles Barkley was a popular basketball player in his days but made sports betting headlines for winning his $500,000 bet. Back in 2002, he made sports headlines by making a $500k bet on the Patriots to win Super Bowl 2002. In the end, he got himself an $800,000 payout!
The Biggest Winners in Sports Betting are the Bookies
While these people made big money from betting on sports, it is a fact that sportsbooks are the biggest winners. This is because bookies and sportsbook do not risk their own money when they take wagers from players. Instead, they make the odds so that winners and losers pay off each other.
In the end, bookmakers make between 5% to 10% in revenue from all the bets they take. Thus, if you want to win big from sports gambling, opening a sportsbook is probably the way to go.