NFL Kickers Help Fan Win Over $300K On $1,584 Bet: Here's How It Happened, How Unlikely It Was
Portfolio Pulse from Chris Katje
A sports bettor won $316,800 on a $1,584 bet on FanDuel, owned by Flutter Entertainment (OTC:PDYPY), due to a promotion that paid out at odds of +20000 if each team in the Sunday, Sept. 17 games made at least one field goal. The bet was recommended by several betting discords as a lotto play. The bettor, known as J.D., also placed a $20,000 bet on the Arizona Cardinals to beat the New York Giants to cover his large bets. FanDuel paid out more than $20 million to customers who bet on the field goal prop.
September 21, 2023 | 9:54 pm
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NEGATIVE IMPACT
Flutter Entertainment's FanDuel paid out over $20 million to customers who bet on the field goal prop. This could impact the company's short-term financials.
The payout of over $20 million to customers who bet on the field goal prop could impact Flutter Entertainment's short-term financials. This could potentially lead to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100