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Nevada Bookies Record $11.4 Million Loss in Astros World Series Win

When the Houston Astros wrested the World Series title in November, it wasn’t only the Los Angeles Dodgers that were grieving.

According to the Nevada Gaming Control Board, bookies in the state reportedly lost $11.4 million in that month, which was the highest ever in a 30-day span.

Heading into the World Series, the Dodgers were the favorites to win. The team from Los Angeles was listed as -165 while the Astros were placed at +145 before the series started. In oddsmakers terms, a $100 bet paid the bettor $145 if they wagered on the Astros to win the series. The bettor, meanwhile, needed to bet $165 to win $100 if they chose the Dodgers.

The World Series extended to Game 7 with the Astros finally coming on top on a score of 5-1, led by their diminutive MVP Jose Altuve.

The ESPN reported that that a “mystery bettor” took home $10 million for betting on the Astros. The man, who was only identified as “Bettor X,” was only described as in his 30s and is a staple in the UFC circles. It was the first time he bet big on baseball.

He almost cleaned out the big operators in Nevada such as Westgate SuperBook, CG Technology, Station Casinos, MGM Resorts, Wynn and William Hill.

Upon a background check, the casinos found out that he was undefeated in the UFC as he won 11 consecutive wagers.

Prior to the record number in November, the previous highest number in terms of loss for the state was in 18 years ago to the day when they lost $6.2 million. The Astros vs Dodgers, however, almost doubled that figure.

With that said, the casinos still ended up a winner despite a huge setback in football because of their huge wins in basketball and football. Overall, the sportsbooks recorded $9.4 million in total winnings in November.