sports

Bookmakers Profit After USA World Cup Exit

The USA's 4-1 loss to Belgium in the Round of 16 proved profitable for bookmakers, who benefited from heavy betting support for the USMNT throughout the tournament.

BetMGM's trading manager Adair Horne called it "one of the biggest wins we've had for a soccer game in company history." Caesars Sports reported record unique customers wagering on the USA-Belgium match, with 81% of money backing the USMNT in the To Qualify market and 78% on Match Betting. somethingsdifferent.biz

A high roller placed a $750,000 bet on USA -130 to advance, which went to the sportsbooks when the US fell to Belgium. Despite the loss for bettors, some still profited, as 97.6% of Both Teams To Score handle was on Yes, which landed after just 31 minutes.