Biggest NFL Bets: BetMGM Fan Splits On Two $500K Wagers

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Written By Giovanni Shorter | Last Updated
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Fans continue to place some of the biggest NFL bets as the season progresses. One bettor at BetMGM placed two half-a-million-dollar bets on the Monday Night Football matchup between the Philadelphia Eagles and Kansas City Chiefs. The bettor won one of the two major wagers. Additionally, a breakdown of team line movements ahead of Week 12.

Big Bets Placed At BetMGM

One bettor dropped two massive bets at BetMGM. The first was $525,000 on Eagles +2.5 (-105), and the second was $550,000 on the Over 45.5 (-110). The bettor won his first wager but lost the second as the Eagles won outright 21-17.

With the win, the wager cashed out $1,025,000.00, which was a $500,000 profit. Despite the win, the bettor still lost $50,000 overall on the night.

NFL Futures Odds Movement At BetMGM Heading Into Week 12

After 11 weeks of action, the Super Bowl race is beginning to shape up. Bettors are placing a lot of action on the Eagles, with their odds shortening from +550 to +450, now tying the Kansas City Chiefs and San Francisco 49ers in the process. Additionally, the Detroit Lions’ odds have shortened with their recent play.

The biggest shift in the odds, however, has been the Cincinnati Bengals. With QB Joe Burrow now out for the remainder of the season, Cincinnati is now +15000 long shots to win it all.

Line movement (Last week to Current)

Eagles +550 to +450
Lions +1200 to +1100
Bengals +1600 to +15000

The Eagles are seeing the most bets placed on them to win the Super Bowl. However, the most money by a significant amount has been placed on the San Francisco 49ers.

Highest Ticket%

Eagles 9.6%
Bengals 9.4%
Chiefs 8.8%

Highest Handle%

49ers 14.1%
Chiefs 9.8%
Bills 9.6%

Conference Champion Favorites Examined

Also at BetMGM, Conference Champion favorites show bettors anticipate a SB LVII rematch between the Chiefs and Eagles.

Conference Finals Odds Breakdown

AFC

Favorite: Chiefs +200
Highest Ticket%: Chiefs 13.6%
Highest Handle%: Bills 18.2%
Biggest Liability: Steelers

NFC

Favorite: Eagles +190
Highest Ticket%: Lions 41.6%
Highest Handle%: Lions 44.4%
Biggest Liability: Lions

The Pittsburgh Steelers in the AFC and the Detroit Lions in the NFC, being the biggest liability, stand out. Neither team made the playoffs last year, yet bettors are placing action on them winning their conference this season.

The Lions are currently dominating the NFC North and are only a game and a half behind the Eagles for the best record in the NFC. Meanwhile, the Steelers are third in the AFC North and will be fighting for a playoff spot towards the end of the regular season.

Big MNF Parlay CasheS In Florida

Florida sports betting fans continue to cash in big at Hard Rock Bet. One lucky bettor turned $41.67 into a $6,292.17 payout on the same game parlay. The parlay had +15000 odds to cash.

NFL Week 12 Odds

With Week 11 under wraps, what will be the biggest NFL bets of Week 12?

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