A bettor won the largest parlay card payout this season at a William Hill sportsbook Saturday but was left lamenting the Iowa State Cyclones for what could have been a much more lucrative weekend.
The bettor from Southern California, who asked to remain anonymous, won $80,000 on a nine-team parlay but lost out on an additional $357,406 when Iowa State failed to cover as a three-point favorite against Kansas.
In total, the better placed three large parlay bets Saturday at the Tuscany Casino in Las Vegas. He won $80,000 after Oregon covered the 8.5-point spread in a 51-27 win at Utah and completed his $200 nine-teamer.
In addition to Oregon, he had Indiana +6.5, UCLA -4.5, Baylor +5.5, Air Force -5.5, TCU -6.5, Georgia Tech -3.5, Texas A&M +21.5 and Washington State +7.5. They all came through, and the bettor returned to the Tuscany sportsbook Sunday morning to collect.
He told William Hill director of marketing Michael Grodsky that he only watched some of the Oregon game, which kicked off at 7 p.m. in Vegas. By then, the bigger game had already gone against him.
In addition to the winning nine-team ½-point parlay card, the bettor put $500 on a pair of eight-leg parlays. Both off-the-board parlays came down to Iowa State covering as a three-point favorite against Kansas. The Jayhawks jumped out to a 24-0 lead and cruised to a 31-14 win.
The eight-teamers included some money line wagers and would have paid $220,656 and $136,750. Iowa State was the only team included on both $500 cards. He won every other game on the parlays but was forced to settle for just the $80,000 from the winning card.
William Hill operates more than 100 sportsbooks in Nevada and receives heavy parlay action. Eight- and nine-team parlays hit often, but Saturday's payout is the largest of the season to this point. The sizes of the wagers also were notable. Most bets on eight- to 12-leg parlays are in the "$2 to $20 range," Grodsky said.
In off-the-board parlays, bettors pick games from the updated odds board compared to using parlay cards that often have stale lines.