June 22, 2022

Poker player wins $930,000 on American League MVP bet

Log Angeles Angels’ Shohei Ohtani, arguably baseball’s first two-way player since Babe Ruth, won the American League MVP price Thursday night. It was obviously a landmark night for Ohtani, but it also set a record in the betting world.

According to a report by ESPN Chalk, Caesars Sportsbook suffered a seven-figure loss when Ohtani won the hardware thanks mainly to a poker player who placed a $30,000 bet last March on the Japanese superstar to win the prize.

The player, who featured in a recent edition by Daniel Negreanu World Series of Poker vlog, got odds of 30 to 1 on the bet. His $30,000 turned into $930,000 and made up most of what Caesars lost on the bet.

When the betting lines opened in February, Ohtani was initially listed as a 60-1 dog to win the prize. Just a month later, those odds were cut in half. In June, he was a -5,000 moneyline favorite, meaning bettors put the casino at 50-1.

The 27-year-old returned from Tommy John surgery this year to hit .257 with 42 homers, 100 RBIs and steal 26 bases. That alone would put him in MVP consideration, but he also had a solid season on the mound. He pitched 130.1 innings, striking out 156 while posting a 3.52 TIME and a 9-2 win-loss record.

He became the fifth player since 2000 to win the award by unanimous decision and was the first player to hit 15 homers while pitching at least 50 innings in a season since Ruth did so more than a year ago. century.

Most books have lost price, but none have lost as much as Caesars. Even after posting the loss, Caesars Sportsbook assistant trading manager Adam Pullen said ESPN that he wouldn’t change the lines if he could go back and settle them again.

“[We] I don’t want to lose, but you have to applaud the punter moxie for placing such a big bet on this,” Pullen said. “It will definitely be a first, and we will move on and be open the next day.”

You can watch Negreanu’s vlog, which features the poker player who placed the bet at 7:40, below: