Bookmaker pays out $1.5million on losing bets

Posted by on 24/7/2017
Filled in: Betting News

Online bookmaker has paid out $1.5 million dollars to anyone who backed West Coast to beat Collingwood yesterday, even though the Eagles lost.

  • $1.5m in losing bets paid out as part of 24 UP promotion
  • Anyone who backed West Coast declared winners after they led by 24 points

The 24 UP promotion means if your team leads by 24 points at any stage, you win! The Eagles may have let their big advantage slip, but the 4,991 punters who backed them didn’t mind at all.

The biggest wagers on West Coast were $15,000 at $1.90 and $10,000 at $2.10.

“Since we started the 24 UP promotion, we’ve paid out $5.3 million on losing bets but this one’s easily the biggest. Everyone’s a winner except us it seems,” said’s Christian Jantzen.

Sportsbet’s massive payout on losing West Coast bets

Customers: 4,991

Amount: $1,539,568.85


Big Bets on West Coast paid out as winners

$15,000 @ $1.90

$10,000 @ $2.10

$10,000 @ $1.90

$6,000 @ $1.95

* All Offers and Promotions posted in this article excludes NSW residents.