There’s no such thing as free money in sports betting.
Just ask the DraftKings sportsbook bettor who wagered $1.4 million to win $11,200 on the Chargers to beat the Jaguars.
The bet was placed on the live money line at -12,500 when Los Angeles had a 27-0 lead over Jacksonville late in the first half of Saturday’s NFL wild-card playoff game.
The gambler lost $1.4 million when the Jaguars stormed back behind four touchdown passes from Trevor Lawrence and dealt the Chargers a shocking 31-30 defeat in the third-largest comeback in NFL playoff history.
Live bets are placed while the game is in progress. The money line is a simple bet on which team will win the game. At odds of -12,500, a bettor must wager $12,500 to win $100.
DraftKings is not available in Nevada.