NBA Bench Player's Best Night In Blowout Win Crushes 1,000-To-1 Bet For $50,000 Windfall
Portfolio Pulse from Chris Katje
A sports bettor won a $50,000 windfall on a 1,000-to-1 bet placed with DraftKings Inc (NASDAQ:DKNG) on the performance of Boston Celtics' backup point guard Payton Pritchard in a recent NBA game. The bettor wagered on Pritchard to achieve certain stats and the Celtics to win by a certain margin, all of which occurred. The Celtics are currently the favorite to win the 2023-2024 NBA Championship.
November 06, 2023 | 9:36 pm
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DraftKings facilitated a bet that resulted in a $50,000 payout. The company's platform continues to be used for high-stakes betting, which could attract more bettors.
The news highlights the potential for high returns on DraftKings' platform, which could attract more users and increase betting volumes. This could potentially boost the company's revenues and positively impact its stock price in the short term.
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