Texas Tech Bet 1500
Posted : admin On 4/13/2022
On a November afternoon this past winter, a man in his 30s walked into The SuperBook at the Westgate Las Vegas and wanted to place bets on two college basketball teams to win the 2019 title. One wager was on Wisconsin at 100-1 odds, and the other was on Texas Tech, a team that had opened at 40-1 back in April, but whose odds had plummeted to 200-1.
The bettor (who didn't wish to be identified for this story) wanted more than $1,500 on Texas Tech, but SuperBook director John Murray declined. 'He's a well-known player who takes a lot of futures positions with us,' Murray told ESPN. 'He asked for more, to which we said, 'No.' I think to win $300K is pretty good.'
24, a man placed a bet at the Westgate Las Vegas SuperBook on Texas Tech to win it all. The Red Raiders had opened the season at 5-0 with wins over Incarnate Word, Mississippi Valley State, SE Louisiana, USC and Nebraska, but the odds for the Red. Yeah, but how much money has this guy lost in the last year or years that he is putting down $1500 on teams like texas teach at the beginning of the year. Also an auburn guy did this with a $100 bet or something for Auburn to win the national championship in. So what are you waiting for Signup and Bet on the Texas Tech Red Raiders Today! College Football Week 7 Odds & SU Picks; Oklahoma State at Texas Tech Week 5 NCAAF Spread & Betting Pick. $150 x 10 = $1,500. That means you will need to put $1,500 in action before cashing out. The bets are cumulative. So the more you play, the sooner you will.
As you can see, some brave soul plunked $1,500 on Texas Tech, a program which had never even reached the Final Four before, to win it all at 200-to-1 odds before the season started in November. Even if that bet does pay out $300,000 with a Texas Tech win over the Virginia Cavaliers.
The bettor settled for a $1,500 ticket on the Red Raiders at 200-1 odds, for a payout of $300,000.
Almost four months later, that ticket was one game away from cashing. And despite an offer from Dez Bryant and another for $125,000 on PropSwap (a secondary marketplace for sports-betting futures tickets), the bettor let it ride. Texas Tech lost to Virginia 85-77 on Monday night in the championship game.
He made other college basketball bets, including several on Virginia winning, so he still won some money. But he'll always be contemplating what could have been if Texas Tech had won.
The bettor told ESPN that sports betting is a hobby of his -- not his full-time job -- and he began around eight years ago.
'It's something that I do for fun,' he noted. 'I live on the West Coast, so it's somewhat convenient for me to get to Vegas. College basketball is the sport I enjoy watching most, and my interest in betting stemmed from a love of watching sports.'
He likes making futures bets on college basketball because of the large variety of teams and long odds available rather than individual games, and he usually makes several trips to Vegas throughout the season to get money down. On long-shot futures: 'It's kind of like buying a lottery ticket or a big parlay, but something that I think has a more reasonable chance of winning.'
In addition to the $1,500 futures wager on Texas Tech at 200-1, ESPN learned that he also had a $1,500 ticket on Michigan State at 40-1 and an $800 wager on Texas Tech at 125-1 odds (for a potential payout of $100,000). In addition, he had a smaller futures position on Virginia.
'I liked the long odds on Texas Tech at 200-1,' the bettor said. 'I had bets on them last year at 250-1, and even though they fell short in the Elite Eight, they returned a lot of the same guys and the same coach.'
After losing out on all of his long shots last year without hedging (including Clemson at 500-1), the idea of selling a futures bet in a secondary marketplace like PropSwap was very appealing.
'I wasn't aware of PropSwap [before],' he told ESPN. 'But it's cool that I can get some money back from these tickets and someone has a chance to win big.'
He said $1,500 was 'pretty close to his ceiling' in terms of futures bets, which makes the question of hedging all the more interesting. Why not hedge more on such a valuable Texas Tech ticket?
'The way I think about it is, if I hedged they probably wouldn't have won,' he told ESPN on Friday. 'Say Texas Tech beats Michigan State but Jarrett Culver gets hurt. Then all of your assumptions about Texas Tech and how much you should hedge now and in the final game goes out the window. It's much nicer to take the fixed amount and not have the hassle of thinking about anything else.
'People make hedging sound easier than it is, both in having money lying around [and how to] bet on this stuff. You can easily make a mistake, and then it might not pan out the way you think it might.'
For a few hours on Friday afternoon, Bryant had the high bid of $50,000 on PropSwap for the $1,500 Texas Tech ticket (the bettor was asking for $65,000), and the highest official bid came in at $57,500. The bettor declined both bids and let the bet ride into Saturday night's Final Four game against Michigan State.
He did sell his $800 Texas Tech ticket for $20,250 on PropSwap on Saturday morning, hours before the Red Raiders defeated Michigan State 61-51 to advance to Monday night's title game.
He put his $1,500 Texas Tech ticket back up on PropSwap on Sunday but would've needed an astronomical bid to sell. He declined a $125,000 bid.
Lest anyone think he's solely motivated by financial gain, the bettor also has given away several futures bets as -- get this -- wedding and birthday gifts.
'One thing I started doing in the past few years is giving tickets to friends as presents,' the bettor recalled. 'It could be a birthday present, but my favorite is the wedding present. I think it's a nice thing. They can choose to let a bit of it ride, all of it ride, none of it ride. It's kind of cool to see different people's risk tolerances. It's a good conversation for a couple to have.'
And they're not all long shots that don't have a chance to win. Last year, he made one friend some real cash.
'Yeah, I did give Villanova at 6-1 as a birthday present last year,' he said with a chuckle. 'The couple didn't hedge and Villanova won, which is really cool for them. I'm obviously really happy about it.'
It's clear the bettor has a large bankroll and there is a method to his futures betting madness, even though he says he doesn't have a formula determining how much to bet on each team.
'I haven't been in a similar situation before,' he joked before Monday night's game. 'But I'm obviously happy to be in it.'
He may be thinking twice about not hedging, despite the money from his other futures tickets.
TCU (12-10, 5-8) at Texas Tech (15-8, 7-7)
- Time: 4PM PST 6PM CST 7PM EST
- Location: United Supermarkets Arena, Lubbock, TX
- TV: ESPN+
Opening Tip
Texas Tech Bet 1500 Super
TCU is 3-3 over it’s last six games albeit two of those wins are against Iowa State, who is sitting at the bottom of the Big 12. The Horned Frogs are slowly improving and rounding into form as they have become much more competitive since a 102-98 overtime loss to then-No. 12 Missouri on Jan. 30.
Texas Tech ended a three-game losing streak over the weekend as the Red Raiders defeated Texas, 68-59, in Lubbock. Texas Tech has had trouble finding consistency as the three-game losing streak followed a three-game winning streak which saw wins over LSU and Oklahoma.
The Red Raiders lead the series, 84-52, including 47-15 in Lubbock. Coach Chris Beard is 6-2 vs. the Horned Frogs as Texas Tech has won five out of the last six in the series.
Texas Tech Bet 1500 Performance
Vs. The Spread
Texas Tech Vet Program
TCU:
- The Horned Frogs are 1-4 ATS in their last 5
- TCU is 1-6-1 ATS in it’s last 8 vs. the Red Raiders
- The OVER has been the play in the last 5 games TCU-Texas Tech games in Lubbock
Texas Tech:
- The Red Raiders are 1-5 ATS in their last 6 games
- Texas Tech is 1-8 ATS in it’s last 9 home games
- The total has gone OVER in 5 of Texas Tech’s last 6 games against the Horned Frogs
Last Time Out
RJ Nembhard had 11 of his 19 points in the last seven minutes as TCU held off Iowa State, 76-72, on Saturday. Mike Miles also had 19 points for the Horned Frogs, who held off a Cyclones rally after Iowa State made 11 of it’s first 14 shots to start the second half.
Mac McClung led five Red Raiders in double figures with 16 points as Texas Tech defeated Texas, 68-59, on Saturday. McClung was one of six players to score in a 19-6 run to start the second half as Texas Tech built a 52-39 lead with 11:29 to go. Texas shot only 34.9 percent from the field and was just 7-of-22 from three.
| Teams | Spread | Money Line | Total Points |
|---|---|---|---|
| TCU | +12.5 (-107) | +640 | O 132 (-105) |
| Texas Tech | -12.5 (-113) | -900 | U 132 (-115) |
Advantage, TCU
The one-two punch of RJ Nembhard (16.9 ppg, 4.5 rpg) and Mike Miles (14.3 ppg, 3.6 rpfg)has become a consistent duo in the Big 12 as they are where you start on the TCU scouting report. Miles has quietly put together an outstanding season in his freshman campaign and has gotten progressively better as he has averaged 15.9 points over his last six games. Nembhard is a tough matchup at small forward because of his athleticism as he gets to the basket as well. Since the duo checks in as TCU’s top three-point producers, they will be an interesting matchup for the Red Raiders’ three-point defense which has allowed only 17 makes in 64 attempts in the last three games.
Key Horned Frogs Stat:
The Big 12 has it’s usual gauntlet of teams and TCU proves how this schedule can make a good team can have less of a solid look. All of TCU’s losses except for three have come against teams with a NET ranking of 33 or better. The Horned Frogs are a 11-2 in non-Quad 1 games. This is the 319th most experienced team in the nation with 1.14 years experience, so this season looks like a springboard for the next few years under a quality coach in Jamie Dixon.
X-Factor:
Kevin Samuel (9.2 ppg, 8.4 rpg) is a solid inside player as his 6-11, 255-pound frame makes him tough in the paint on both end. He had averaged 9.5 points per game over his last six games with double digits in four of those. As the Horned Frogs’ leading rebounder and as a post who shoots 62 percent from the field, his matchup with 6-7, 245-pound Marcus Santos-Silva will bear watching.
Advantage, Texas Tech
Coach Chris Beard has taken the Red Raiders program to the next level and as they have had slides on inconsistency, they haven’t been able to get the consistency on offense, stabilize turnovers, and defend as they have in the past. As we stated earlier, the defense came into play in a major way against Texas and the Red Raiders placed five players in double figures. The turnover factor could be a major player in the game as the Horned Frogs have averaged scoring 12.3 points per game off of turnovers in their last four outings and they have combined to shoot 46.5 percent from the floor in the last two games.
Key Red Raiders Stat:
Mac McClung (16.8 ppg) continues his rise as he will be in Big 12 Player of the Year conversations as he leads the Red Raiders in scoring. You have to defend McClung off the dribble first because he had gotten to the line 118 times although he leads the Red Raiders in triples with 43.
X-Factor:
The Red Raiders get 51.7 percent of their point in the mid-range and in the paint. Couple that with the fact that TCU gives up 55.3 percent of it’s points on defense from inside the arc. Terrence Shannon, Jr.’s athleticism inside will be an interesting matchup for TCU. Terren Frank or Nembhard will be challenged from Shannon, who now comes off the bench and figures at small forward and power forward.
Winner: Texas Tech 72, TCU (+12.5) 65