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Bellagio error may be biggest sportsbook loss for Vegas
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The nearly quarter-million dollars in winning wagers reportedly placed at MGM Resorts last Sunday might be the largest sportsbook loss in Las Vegas history on bets made after an event has started.
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Seven longtime Las Vegas bookmakers can’t recall a larger loss, the Las Vegas Review-Journal reports. But each oddsmaker has taken hits on past posts and said it’s a fairly common occurrence at books.
COMMON SPORTS BETTING TERMS EXPLAINED
According to an ESPN report, Sunday’s bets were allowed to be placed because incorrect start times were posted on some Korean and Chinese baseball games due to a manual entry error.
Nearly all of the approximately 50 wagers were placed on self-serve kiosks at the Bellagio between 1:30 a.m. and 3 a.m. when the games in question started at 1 a.m. and 2 a.m.