Update at 10 p.m. on Super Bowl Sunday: Those four Eagles fans with $1+ million bets are all geniuses who should write books.
WASHINGTON — On a national level, the Washington, D.C., metro area is tied for second in terms of the highest percentage of households with more than $1 million in wealth.
Even so, I doubt there are many D.C. area sports fans willing to bet big money on D.C. sports teams.
In the hours before kickoff on Sunday, the first $1+ million bet was made on the New England Patriots winning the Super Bowl. Given that they almost always win the Super Bowl, a win on Sunday would pay off only $555,555 for the bold gambler. David Payne Purdum of ESPN Chalk had the news:
However, what’s even crazier is that four gamblers (and presumed fans of the Eagles) put down $1+ million bets on Philadelphia–a city that has never won a Super Bowl:
Credit the Trump tax cuts, rise of cryptocurrency, or [liquid] courage in Las Vegas, but there are five $1+ million bets this year as opposed to just one last year. And four out of five are on an underdog that has never won a Super Bowl.
If you had it to spend, could you ever imagine betting $1 million or more on a D.C. sports team? Let us know in the comments below.