Las Vegas Raiders’ $2.5 Million Super Bowl LX Bet Sparks Unbelievable Betting Frenzy

The Raiders open the season as three-point road underdogs at the New England Patriots in Week 1 on Sunday, Sept. 7.

AdvertisementThe Raiders underwent several big changes this offseason, including hiring Pete Carroll as head coach to replace Antonio Pierce, trading for QB Geno Smith and drafting Ashton Jeanty No. 6 overall to be their starting running back.Even with those acquisitions, the Raiders still reside in a difficult AFC West that has been won by the Kansas City Chiefs an astonishing nine straight seasons. Las Vegas has a win total of 7.5 at BetMGM, the worst odds to win the AFC West (12-1) and the fourth-worst playoff odds of any AFC team at +310.

The Las Vegas Raiders haven’t won a playoff game since 2003, but one bettor is hoping for a playoff berth — and much, much more — this season from the Silver and Black.It’s been a long drought for the Las Vegas Raiders, with no playoff victories since 2003 — yet here we are, spotting a bold bettor tossing down ,000 on this team’s shot at Super Bowl LX, betting at tantalizing 100-1 odds. The Silver and Black have been stirring the pot with some hefty offseason moves: Pete Carroll stepping in as head coach, Geno Smith joining the quarterback ranks, and Ashton Jeanty picked sixth overall to boost the ground game. Still, the road ahead ain’t exactly paved with gold; they’re up against a Kansas City Chiefs dynasty that’s ruled the AFC West for nearly a decade, and Vegas figures as underdogs with slim to none tickets to the postseason. But hey, in football, the impossible sometimes dances just within reach — a high-stakes gamble that could turn into a .5 million payday if the stars align in Santa Clara next February. Curious about this audacious wager and the Raider’s uphill battle? LEARN MORE.A bettor at DraftKings placed a ,000 wager on the Raiders to win Super Bowl LX at 100-1 odds on April 9. The wager would win .5 million if Las Vegas wins the franchise’s first Super Bowl since 1984.Advertisement