sports

Bookmakers Profit After USA World Cup Exit

The USMNT's 4-1 defeat to Belgium in the World Cup Round of 16 proved profitable for bookmakers, who had been losing money amid heavy public betting on the American team.

The USA's elimination resulted in one of the biggest wins for sportsbooks in soccer betting history, according to BetMGM's trading manager. Caesars Sports reported record wagering numbers as 81% of money backed the USA to advance, with a high-roller betting $750,000 on their victory.

Despite public support, bookmakers across the nation "clawed back a big chunk of money" as the USMNT fell. Player prop bets on Folarin Balogun were popular but unsuccessful, while 97.6% of Both Teams To Score handle landed as Yes after just 31 minutes. h-doctor.club