The Childish Error of a Betting House that 'Gave Away' Millions
In 2020, the renowned Bellagio Hotel and Casino in Las Vegas faced one of the largest losses in sports betting history in Nevada, handing out a total of $250,000 (more than ₦190 million) due to an error in the game times for Korean and Chinese baseball matches.
For some years now, betting has become an essential part of sports, as many fans watch a game and place money on dedicated sites. However, a small mistake cost a Las Vegas casino millions in payouts. Bellagio accidentally posted incorrect game times for certain Korean and Chinese baseball matches, allowing bettors to place their stakes between 1:00 a.m. and 3:00 a.m. on games that had already started between 1:00 a.m. and 2:00 a.m.
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According to ESPN, one of the bettors won a substantial $137,000 after combining a 10-stage parlay with an initial $250 stake. Likewise, about 50 other people benefitted from this mistake.
Such errors are not uncommon among casinos, as noted by Westgate Sportsbook Director John Murray, who commented to the Review-Journal: "It has happened to all of us. I think every sportsbook has likely had to deal with this at some point since the beginning of time."