A sure bet became a $1,400,000 loser.
Another strange aspect of this wager is the fact that LAC had not beaten the crap out of Jacksonville. Lawrence threw 4 horrible picks in the first half, 2 of which were on his first 2 drives. LAC was merely the recipient of very good fortune at the start of the game. The score was the result of Jax screwing up, not LAC playing particularly well.
Another strange aspect of this wager is the fact that LAC had not beaten the crap out of Jacksonville. Lawrence threw 4 horrible picks in the first half, 2 of which were on his first 2 drives. LAC was merely the recipient of very good fortune at the start of the game. The score was the result of Jax screwing up, not LAC playing particularly well.
He's the average Joe.
It is 127 bets to get it back but that thinking is flawed in assuming this was the first bet like this this guy placed i bet 1.4 million it wasn't, more likely he has already won hundreds of these bets of this kind and this was a loss like others you accept it and move on to the next .This made headlines only because it lost had it won most likely we never hear about it Also a person well known enough by the book to even be allowed to place this bet, a LIVE bet at a moments notice can afford to lose way more than 1.4 million.He either had that much and much more credit or on deposit .
Let's just say that we will have to agree to disagree on this one as it is your philosophy and criterion of what constitutes an
intelligent wager/investment regarding the risk/reward ratio as opposed to mine!!
Imo the bettor would have been much better served to try to win the 11K where the odds were still way in his favor but at much lesser
odds because things like this can and will happen, and imo nothing in the world is risking 125-1 on except of course that one will die
someday!! lol
This is my last word on the subject as I don't want to clog up this thread with stuff like this.
Take care!!
A good intelligent debate tries not to assume/include new speculations such as bettor has won million of those silly risk/reward to justify one more silly/dumb reward. Who knows what he was thinking or done b4? Just the evidence what we know is it's a silly unjustified risk/reward bet.
Just like no one in OPEC or billionaires spend $292 million to win a more than $1B Power Ball. That's 3 days of ROI. LOL
I fired my advisors when they gave me 10%-12% average ROI and moved my accts.
