If you’re a fan of betting on sports, you’ve probably had one of those moments where you’d wished you would’ve bet on team x, or a certain sports star to win a particular match. You probaly kicked yourself over it, too.
Now, imagine you had a crystal ball back on August 24 and put $100 on the Cleveland Indians to beat the Boston Red Sox. You would’ve netted $147, bringing your account to a cool $247. Looking into that crystal ball again, say you took that $247 and threw it all down on the following day when the Indians beat the Kansas City Royals. Now you’re sitting with $423.
Fast forward to September 13, where the the Tribe knocked off the Detroit Tigers by a score of 5-3 to win with their 21st game in a row.
If you bet you’re winnings from each game and compounded the new sum to each subsequent game through Wednesday’s win, just how much money would you currently have? Well, R.J. Bell – a prominent odds maker in Vegas – crunched some numbers on the ongoing parlay, and the results are staggering.
You would’ve had a nice $1,179,048 in your account right now if you “let it ride.” Most people would’ve been too nervous to throw all that money down, or at least taken a portion of the winnings out. High risk, high reward, as they say.
With the win, the Indians set an American League franchise record with their 21st victory, and would need five more wins to tie the 1916 New York Giants for the most all-time. The win also tied the 1935 Chicago Cubs’ streak for the most in the modern era.
Cleveland takes on the Kansas City Royals on Thursday at home in search of their 22nd straight victory.
(h/t to R.J. Bell)
