NBA bettor wagers a ridiculous amount of money on the Sixers

The Philadelphia 76ers made a few bold moves in the offseason, acquiring Al Horford and Josh Richardson, and while there is some concern over the loss of Jimmy Butler, Philadelphia is a virtual lock to make the playoffs in 2020.

At the Westgate SuperBook in Las Vegas, the Sixers are listed at -5000 to make the playoffs in the Eastern Conference in the coming season, which means a bettor would have to wager a total of $5,000 just to win $100 if the bet pays off. At such short odds, it’s not really advisable to bet any sum of money – especially in a futures bet that won’t pay out until the start of the 2020 NBA playoffs – yet one bold NBA better has locked up six figures on the Sixers to advance to the postseason.

Westgate SuperBook’s Jeff Sherman revealed on Twitter that a better placed $100,500 on the Sixers to make the playoffs.

According to ESPN, the same bettor wagered $67,000 last year on the Warriors to make the playoffs at -10,000, to win a total of $670. Many Twitter users have questioned the financial motives behind such a bet, especially considering you could potentially make even more money by simply depositing the sum in a savings account.