Many people have considered the last year in the sports world to be the Year of the Underdog. Leicester City beat astronomical odds to win the English Premier League. The Cubs (THE CUBS!) won the World Series. The Cavs came back from a 3-1 deficit to beat the 73-win Warriors.
In Super Bowl 51, the Falcons are 3-point underdogs, and some gamblers are betting that Atlanta will be the latest line of upsets in the big game. And one bettor in particular is putting a HUGE amount money on it.
According to ESPN gambling reporter David Purdham, Las Vegas sportsbook CG Technology accepted a $1 million -- that's a one then six zeroes -- wager on the Falcons.
Although most Vegas money is coming in on New England, according to Purdham, the $1 million wager is the largest bet known to be accepted on Super Bowl 51 so far. The gambler stands to win a cool mil if the Falcons finish within three points of the Pats. Purdham said MCM took a $485,000 bet on the Patriots, the biggest bet on New England so far.
Of course, enormous wagers aren't uncommon for the Super Bowl. Sunday's game is expected to bring in $4.7 billion in bets, and all of that can't be over/under wagers on the length of the national anthem. Major gamblers are obviously willing to put down big money on the result itself.
Every year there are rumored big winners at the Super Bowl. Only a few years ago did rapper Birdman tweet that he was cashing in $1 million after the Packers won. But there is no way to confirm a win unless the player shows a ticket, which Birdman didn't do.
But $1 million is chump change to some gamblers. It was reported that pro gambler Billy Walters bet $3.5 million on the Saints in Super Bowl XLIV in 2010. The Saints won, and Walter won a load of money, although the exact amount of his winnings is not known.
In 1989, gambling legend Bob Stupak -- aka Mr. Las Vegas -- wagered $1 million on the underdog Bengals. (When adjusted for inflation, that would be roughly $2 million today.) Cincinnati lost, but it did cover the seven-point spread, making Stupak one of the biggest winners of Super Bowl XXIII.
Over the past 15 years, the Super Bowl underdog is 12-3 against the spread. If that trend holds, whoever put that big money on Atlanta will be a winner. If it doesn't? Well, considering such a person has $1 million to splash around gambling, we figure they'll be fine without it.
Article by Cy Brown-Sportsonearth.com