Originally Posted by tthree
He made the bets when they were 4.5 games out of the playoff wildcard with only 20 games left. A longshot to make the playoffs. Even longer to win the NL pennant. Super long to win series. I guess they set the odds of all the teams still in the pennant race and they were a real longshot. Likewise for the series. Most of the action probably was on other teams. I am sure they made money on the total pool.
With a payout like that, it's doubtful they made money on this. Baseball betting is a much smaller univesrse than football. A $350,000 hit would be manageable in football.