A longshot bet on BetMGM leads to a bettor earning $160,000 as LeBron James and the Lakers get eliminated from the playoff race
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Last night, the Los Angeles Lakers made their way to Arizona, to take on the Phoenix Suns. Devin Booker and co graciously hosted their guests, handing them a 121-110 loss. With this win, the Suns etched a franchise record for most wins in a single season(63). At the same time, they also eliminated the Lakers from play-in contention.
The Lakers, which entered the season as one of the two favorites to win the championship, could not even make the play-in games. LeBron James sat out a second straight game, with the entire season on the line.
While the King being out resulted in the Lakers’ season-ending for all intents and purposes, it ended up being a beneficial deal for someone.
A bettor made $160,000 off of LeBron James and the Lakers missing the playoffs
Before the start of the 2021-22 NBA season, there was a lot of hype around the new Los Angeles Lakers roster. On almost all betting websites, the Lakers had the highest or the second-highest odds to win it all in the 2021-22 season.
Early odds to win the NBA title, via DraftKings:
Nets +210
Lakers +380
Bucks +850
Warriors +1000
Suns +1600— Kyle Odegard (@Kyle_Odegard) August 24, 2021
However, there was one bettor who decided he didn’t like the Lakers enough. He put $10,000 on BetMGM on the Lakers missing the playoffs this season.
A bettor @BetMGM just put $10K on the Lakers to miss the playoffs 😯
The bet would win $160K if it hits. pic.twitter.com/hTDkah7anZ
— Action Network (@ActionNetworkHQ) September 9, 2021
The odds for the same were +1600, indicating the bettor would win $160,000 if the scenario actually ends up being true. Almost 7 months into the bet, the scenario ended up coming true.
The bettor would walk away with $160,000 as LeBron James misses his 2nd playoffs as part of the Los Angeles Lakers. I don’t know if it was a lucky bet, or if the guy went ‘Back to the Future’ on us, but good for him.