Shana Dobson scored one of the biggest upsets in the UFC history Saturday night and, in the process, cost somebody a lot of money.
Dobson, who entered UFC on ESPN 15 as a +800 underdog, defeated massive favorite Mariya Agapova by second-round TKO Just how big of a favorite was Agapova? As high as -1400.
To put that into perspective, you’d have needed to bet $1,400 on Agapova to make $100 had she won. But get this: According to sports business reporter Darren Rovell, a bettor placed a $25,000 bet on Agapova at those -1400 odds all so he/she could make … a whopping $1,775.
Seriously (via Twitter):
In the women’s UFC flyweight division tonight, a bettor at @SuperBookSports bet $25,000 on heavy favorite (-1400) Mariya Agapova. She lost to Shana Dobson in a huge upset.
The bet would have netted $1,775 if Agapova won.
Listen, I’m no sports betting expert, but that’s a terrible bet – and it has nothing to do with hindsight. I understand the basic premise of risk vs. reward, and win or lose, it’s insane to put up $25,000 with the hope of not even clearing two grand in winnings. That’s way too much risk with very little upside.
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