Dog Day
Last night’s UFC event on Fox Sports 1 created a betting phenomenon not often see in the pugilistic arts these days; a card filled with live underdogs. Normally this spells disaster for UFC bettors accustomed to identifying a few favorites worth parlaying for what they deem to be a +EV investment. However last night one bettor at Bet Online took a very different approach to getting an action fix instead of watching the Oscars; he elected to parlay 8 underdogs while risking $2. Typically a bet of this nature keeps you engaged through one fight, maybe 2, but rarely will it leave you glued to the edge of your seat until the bitter end.
Little did anyone know at the time such a small investment would yield a rather large pay day. When the dust settled on UFC Fight Night 61 in Porto Alegro, Brazil the bettor who shall remain nameless turned his small wager into a $64,616.08 pay day. At least he was smart and hedged a bit of his potential windfall going into the Frank Mir match to close out the evening.
Technically @ToddFuhrman he actually won just $64,613.53 b/c he hedged the last fight (Big Foot) $2,55 to win $1. True story.
— Dave Mason (@DaveMasonBOL) February 23, 2015
For those reading this story they know my feelings (along with those of other long time bettors) that parlays are a long term losing proposition. Every now and again we’ll hear success stories of a lucky punter catching lightning in a bottle. I can tell you one thing after last night’s results there’s a lucky UFC bettor out there that won’t soon forget February 22, 2015 as long as he lives.