The Super Bowl bets that cost the most money, including Mattress Mack's giant loss
The dust has settled after an incredible Super Bowl between the Los Angeles Rams and Cincinnati Bengals, bringing a clearer picture of the damage done to the collective wallets of sports bettors and books alike.
The majority of Super Bowl bets were small wagers that won’t cost either side much, but then there were the big bets sure to make someone a lot of money while creating a sizable hole for the other side.
For Tipico Sportsbook, bettors lost the most money picking the Rams against a 4.5-point spread, as the Rams ended up winning by just three—meaning a 4.5/5.0 favorite is still yet to beat the spread in the Super Bowl.
There were 10 bets of more than $1,000 each on the Rams -4.5. And the largest individual bet on Tipico was $50,000.
Bettors also lost money on the Bengals first half moneyline. While Cincinnati did eventually pull ahead in the third quarter, the team trailed throughout the entire first half and went into the break down 13-10.
Where bettors won the most money is picking the under on Bengals running back Joe Mixon’s receiving yards. He finished well under a line of 26.5 yards, turning five receptions into a single yard.
One of the biggest wins across other sportsbooks, as tracked by Action Network, was a $2.1 million bet on the Rams moneyline. Another bettor waged $1.05 million on a Rams win. Those wins fall well short of the biggest losses, however, as the popular Mattress Mack placed separate bets of $5 million and $4.5 million on the Bengals moneyline for a combined loss of $9.5 million.
One of the more painful losses may be the bettor who correctly predicted a Rams win but missed the spread by one point, putting $1.57 million on the Rams -4. Two other million-dollar bets won, with one bettor picking the Rams to cover -2.5 in the first half and the other getting plus odds on the Rams to cover -0.5 in the first quarter.
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