• Loading stock data...
Wednesday, February 12, 2025

Sports Bettor Loses Chance at $6M After Raiders Loss

  • An entrant named “Maddog” in the Circa Survivor Pro Football Contest was one of four contestants remaining.
  • Maddog needed a Las Vegas win to pocket $6.1 million.
Las Vegas Raider's quarterback Derek Carr signals play against Pittsburg Steelers
Michael Longo/For USA Today Network / USA TODAY NETWORK

A sports bettor lost the chance at winning $6.1 million after the Las Vegas Raiders blew a 10-3 halftime lead in losing to the Pittsburgh Steelers, 13-10 on Christmas Eve.

An entrant named “Maddog” in the Circa Survivor Pro Football Contest — a season-long competition where players pay $1,000 per entry in a field of 6,133 — was one of four contestants remaining entering Saturday’s game. 

Maddog just needed the Raiders to win to be the sole winner of the Survivor contest, but his three competitors advanced as they needed a Steelers victory.

A bettor had better luck due to the Steelers’ win as they pocketed $500,000 on a $550,000 straight bet through BetMGM on Pittsburgh to cover the spread at -2.5 points. 

“We got beat up a little on Saturday,” MGM Resorts director of trading Lamarr Mitchell told the Las Vegas Review-Journal. “The Raiders was our biggest loser.”

The Raiders made a quarterback change coming off the heels of the loss. On Wednesday, the Raiders decided to bench Derek Carr, its starting signal caller for the last nine seasons, for former New England Patriots quarterback Jarrett Stidham for the final two games of the season. 

The move was to maintain Carr’s health as the offseason approaches ahead of potential trades.

In April, Carr agreed to a three-year, $121.5 million contract extension, making him the seventh-highest-paid quarterback in the NFL.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Eagles Set to Host 2025 NFL Kickoff: Who Will Be Their Opponent?

Speculation begins on Philadelphia’s opponent for the 2025 kickoff game.
Andy Reid

Sportsbooks Call for Tighter Regulations on Prediction Markets

Sports betting and sports event contracts are treated differently—for now.

NFL Set to Announce Dublin 2025 Game Featuring Steelers

The NFL will likely play seven international games in 2025
Dec 29, 2024; Minneapolis, Minnesota, USA; FOX broadcaster and former NFL quarterback Tom Brady looks on before the game between the Minnesota Vikings and the Green Bay Packers at U.S. Bank Stadium.

Tom Brady Cagey About Scope of Role With Raiders

Brady was approved as a minority owner in the Raiders in October.

Featured Today

Jan 9, 2025; Pittsburgh, Pennsylvania, USA; Edmonton Oilers center Connor McDavid (97) checks Pittsburgh Penguins center Sidney Crosby (87) during the third period at PPG Paints Arena

‘Important’ 4 Nations Face-Off Can Be NHL’s All-Star Antidote

“The stars have been lobbying the league for an event like this.”
Brady and Mahomes
February 8, 2025

Chiefs Fatigue Is Real. It’s Nowhere Near Patriots Hate Yet

People who have covered both teams say the difference is stark.
Nov 24, 2024; Inglewood, California, USA; Philadelphia Eagles quarterback Jalen Hurts (1) celebrates with running back Saquon Barkley (26) after the Eagles defeat the Los Angeles Rams during the first half at SoFi Stadium.
February 7, 2025

How the Eagles Reinvented Championship Roster Construction

Philadelphia is one of the most innovative franchises in the NFL.
February 3, 2025

‘Ultimate Throwback’: The Unimpeachable Cool of Hartford Whalers Gear

Nostalgia and street cred have driven a consistent frenzy for merch.
Jon Batiste

Sportsbooks Split on Hotly Disputed Super Bowl National Anthem Prop Bet

FanDuel and DraftKings split on the national anthem duration.
Feb 5, 2025; New Orleans, LA, USA; Kansas City Chiefs and Philadelphia Eagles helmets at the Caesars Superdome prior to Super Bowl LIX.
February 6, 2025

Amid ‘Record’ Super Bowl Betting, Market’s Two Largest Forces Still Reign

FanDuel and DraftKings still dominate the ever-expanding space.
Josh Allen
February 6, 2025

Polymarket Whale Made Huge Late Bets On Josh Allen Winning NFL MVP

Allen’s odds skyrocketed from the 50s to over 90% on Thursday afternoon.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Aug 22, 2023; Houston, Texas, USA; Boston Red Sox manager Alex Cora (13) talks with home plate umpire Pat Hoberg as Houston Astros starting pitcher Justin Verlander (35) adjusts his PitchCom device during the second inning at Minute Maid Park.
February 3, 2025

MLB Fires Umpire Pat Hoberg: Third Gambling Scandal in Under a Year

The league terminates the umpire for failing to uphold the game’s integrity.
Jan 26, 2025; Philadelphia, PA, USA; Philadelphia Eagles quarterback Jalen Hurts (1) walks off the field after winning the NFC Championship game against the Washington Commanders at Lincoln Financial Field.
February 3, 2025

Robinhood Suspends Rollout of Super Bowl Betting After CFTC Request

Robinhood has suspended trading of event contracts on the Super Bowl.
Terry Rozier
January 30, 2025

Feds Investigating Terry Rozier for NBA Point Shaving

Rozier is eyed in the same investigation that snagged Jontay Porter.
A Delta flight takes off from Phoenix Sky Harbor International Airport on July 12, 2024, in Phoenix.
January 23, 2025

Is Sports Gambling on Planes Next?

A 1962 law prohibits the use of gambling devices on commercial aircraft.