Bettor loses over $1 million on three Week 6 NFL bets

By Ben Fawkes  (VSiN.com) 

USATSI_19248095

Think you had a rough weekend betting on football?

One bettor at Caesars Sportsbook lost $1.05 million on three NFL wagers, going with one underdog (Jacksonville + 3) and two favorites in the Cleveland Browns -2.5 (vs. the New England Patriots) and Tampa Bay Buccaneers -8 (at the Pittsburgh Steelers). The Bucs closed as 9.5-point road favorites, the biggest home underdog the Steelers had been since 1989.

His three wagers:

$390,000 on Jaguars + 3 (-130)

$330,000 on Browns -2.5

$330,000 on Bucs -8

The Jacksonville game would qualify as a bad beat, as Indianapolis was driving late in the fourth quarter down 27-26 and only needing a FG to win (and for the Jaguars to cover). Instead, Matt Ryan connected with Alec Pierce for a touchdown on 3rd-and-13 from the Jacksonville 32-yard yard line with 17 seconds left to crush Jaguars backers.

However, neither the Bucs or Browns led in their respective games.

What's particularly interesting about these wagers is that Craig Mucklow, director of trading for Caesars, told VSiN on Sunday night that the wagers come from "one of our respected players." ESPN's David Purdum reported that the same bettor went 2-0 on Saturday. 

In other words, this isn't your typical whale -- and he certainly wasn't alone in having a rough betting weekend, as the Ravens, Packers, Bucs and 49ers all lost outright and sportsbooks enjoyed another winning Sunday.

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The Greg Peterson Experience: Doing research during the week and timing the market for FCS football games accordingly can pay off big time. FCS games typically do not receive a betting line until the day of the game, so hitting openers on game lead to tremendous closing line value and large edges.  View more tips.

Brad Powers: Notre Dame at Louisville - UNDER (54). View more picks.

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