Biggest Parlay Win
Posted : admin On 7/25/2022Underneath more than a dozen flat-screen TVs, there are 38 red, white and blue betting kiosks lining the walls of the sportsbook at Riverwalk Casino in Vicksburg, Mississippi. On March 8, what may be the greatest parlay wager ever to hit at a U.S. sportsbook was placed on one of them -- a $25, 20-leg bet that paid $104,412.44.
Parlays are the ultimate big-win chaser’s dream. The combined bets provide massive potential payouts on nominal wagers, and nearly every online sportsbook offers them. Though the odds are low for a given parlay to hit, the possible winnings are huge, and a handful of lucky bettors have cashed in some gargantuan parlay jackpots at legal sportsbooks worldw. Oftentimes you'll read articles about huge parlays that hit and see sportsbooks post screenshots on social media promoting big parlays winners. 'Check out this bettor who cashed a 14-team parlay across the NHL, NBA and College basketball on Sunday. He turned $200 into $58,000!' 'Tons of big winners on Saturday, but this bettor takes the cake.
BetAmerica, the sportsbook operator for Riverwalk, said the parlay resulted in its largest payout since the book opened in August. Through the sportsbook, the bettor asked not to be identified.
The parlay featured point spreads, money lines and over/unders on a mix of Friday night NBA and college basketball games. The bettor backed 14 favorites, three underdogs and three overs. They all came through, but there were some close calls.
Their biggest sweat may have come in the first game listed on their ticket: Washington Wizards at Charlotte Hornets. The bettor took the favored Hornets to win straight-up at -200 odds. Washington guard Bradley Beal missed a potential go-ahead, contested layup with 3.6 seconds to play, and the Hornets held on for a 112-111 victory.
The ticket stayed alive when the Dallas Mavericks outscored the Orlando Magic 33-19 in the fourth quarter to cover a 6.5-point spread in a 111-106 loss and was completed with the Los Angeles Clippers' 118-110 win over the Oklahoma City Thunder in the final NBA game of the night.
BetAmerica vice president Alan Stremel said 20-leg parlays have been placed, but this was the first one to hit.
'We know players are excited about it, and the [Mississippi] market has been interested in parlays,' Stremel told ESPN. 'People like the potential payouts when putting it all together.'
Traditionally, 20-leg parlays have not been a regular offering at Nevada sportsbooks, and multiple veteran Las Vegas bookmakers and bettors struggled to recall any parlay with that many selections ever cashing.
'I've heard of 15 [legs], but not 20, not with us,' Bill Sattler, director of specialty game for Caesars Entertainment and a 30-plus-year Vegas veteran, said. 'Welcome to the business.'
It was costly start to the month for the Riverwalk, one of the new legal sportsbooks to open in Mississippi over the last year. In January, the five casinos with sportsbooks located in Mississippi's 'central region,' which includes Riverwalk, combined to win a net $457,000. The Riverwalk Casino lost nearly a quarter of that just as its first March Madness was tipping off.
'We look forward to the rest of the action,' Stremel said.
The BetMGM sportsbook apparrived in Pennsylvania on Dec. 17, a few weeks after the launch of the company’s online casino.
“The response to BetMGM Casino in Pennsylvania has been incredible, and we’re thrilled to bring our best-in-class sports betting offering to the Keystone State,” said Adam Greenblatt, BetMGM CEO.
PA’s newest sportsbook provided a betting recap of 2020 that included big bets, parlays and more from users across the eight states where the sportsbook is available.
Although BetMGM was not available in PA at the time, the Seattle Seahawks vs. Philadelphia Eagles game on Nov. 30 posted the third-largest handle of any single game in 2020.
BetMGM reflects on 2020
States with the BetMGM app with the highest handle in 2020:
- Nevada
- New Jersey
- Colorado
- Mississippi
- Indiana
Jason Scott, VP of Trading, BetMGM, commented in an email:
“COVID wreaked havoc on the 2020 sporting calendar, which was challenging for both bookmakers and bettors. Despite the pandemic, the 2020 sporting season was a great success. We expect continued growth with betting now available in Indiana, West Virginia, Tennessee and Colorado, as well as further development in New Jersey and Pennsylvania.”
At BetMGM, sports with the biggest increase in betting action this year were MMA, golf and soccer.
BetMGM 2020 betting recap
Biggest single game-winning bet of 2020
- $500K to win $510K on Vikings -0.5 (11/29/20)
Biggest parlay winner of 2020
- $100,000 to win $206,000 on two-team parlay including Cardinals over 7.5 and Athletics -189 (9/10/20)
Biggest single-game parlay winner of 2020
- $10 to win $15,000 on a 10-team Build-a-Bet parlay (12/27/20)
- D. Lillard over 8.5 assists
- J. Harden over 10.5 assists
- C. Wood over 22.5. pts
- C.J. McCollum over 18.5 pts
- D. House Jr. over 9.5 pts
- D. Lillard over 30.5 pts
- J. Harden 40+ pts
- C. Wood over 11.5 rebounds
- D. Jones Jr. over 4.5 rebounds
- P.J. Tucker over 6.5 rebounds
- $10 to win $15,000 on a 10-team Build-a-Bet parlay (12/27/20)
Biggest handle of a single game in 2020
- Deontay Wilder vs. Tyson Fury (2/23/20)
- Super Bowl: Chiefs vs. 49ers (2/2/20)
- Seahawks-Eagles (11/30/20)
- Ravens-Patriots (11/15/20)
- Vikings-Bears (11/16/20)
Single game that had the biggest win for the books in 2020
- Ravens-Patriots (11/15/20)
- Seahawks-Eagles (11/30/20)
- Vikings-Bears (11/16/20)
- Eagles-Browns (11/22/20)
- Chargers-Bills (11/29/20)
Biggest NFL and college football winning bets
NFL biggest-winning single bets
- $500K to win $510K on Vikings -0.5 (11/29/20)
- $283,022 to win $523,591 on Rams +185 moneyline (11/23/20)
- $550K to win $522,500 on Buccaneers +3.5 (11/29/20)
- $582,024 to win $506,361 on Saints -8.5 (11/29/20)
- $550K to win $500K on Titans +3 (11/29/20)
NFL biggest-winning parlay bet
- $132K to win $101K on Bills -250 moneyline and Colts -385 moneyline (10/4/20)
College football biggest-winning single bets
- $550K to win $522,500 on Iowa State -105 moneyline (11/27/20)
- $550K to win $522,500 on Kansas State-Baylor over 44.5 (11/28/20)
- $550K to win $500,500 on Utah +7 (11/28/20)
- $550K to win $500,500 on Georgia-South Carolina over 49.5 (11/28/20)
College football biggest-winning parlay bet
- $9 to win $139,543 on nine-team parlay on Arkansas State +450, App State under 59.5, Coastal Carolina +185, Duke +20.5, Georgia Tech +325, North Carolina under 65.5, Iowa State under 56.5, UTSA +200 (9/12/20)
Biggest NBA and college basketball winning bets
NBA biggest-winning single bets
- $71,881 to win $165,327 on Nuggets +230 (9/15/20)
- $49,293 to win $69,010 on Bucks +140 (9/6/20)
- $56,307 to win $61,937 on Heat -7.5 (9/8/20)
- $57,856 to win $60,749 on Heat +6.5 (9/15/20)
- $60,823 to win $57,782 on Nuggets +5.5 (9/15/20)
NBA biggest-winning parlay bet
- $80 to win $52,797 on a five-team parlay on Heat +135, Nets +1300, Blazers +145, Magic +100, Suns +310 (8/4/20)
College basketball biggest-winning bets
- $440K to win $462K on Gonzaga -16 (11/27/20)
- $450K to win $427,500 on Clemson -105 (11/26/20)
- $347,473 to win $316,201 on Boston College -1 (11/26/20)
- $313,290 to win $297,625 on Villanova -5.5 (11/26/20)
- $275K to win $239,250 on Pepperdine -3 (11/25/20)
Biggest Sports Bet Ever Won
College basketball biggest parlay bet
- $23,083 to win $65,051 on two-team parlay with Georgia -5.5 and Seton Hall -26.5 (12/8/20)
Largest MLB winning bets
Biggest Parlay Win Ever
MLB biggest-winning single bets
Biggest Parlay Win Reddit
- $164,309 to win $427,203 on Angels +260 (9/6/20)
- $221,254 to win $380,258 on Rockies -1.5 (9/5/20)
- $200K to win $310K on Orioles +155 (9/5/20)
- $75K to win $232,500 on Orioles +310 (9/4/20)
- $230K to win $230K on Rockies +100 (9/5/20)
MLB biggest-winning parlay
- $100,000 to win $206,000 on two-team parlay including Cardinals over 7.5 and Athletics -189 (9/10/20)
Largest Parlay Ever Won
Lead image credit: AP Photo/Alex Brandon