Think about it, they're already getting a massive bet handle from the Super Bowl. That's a low-reward, high-risk gamble on the sportsbooks part. Any "average joe" can do as Andrade did, albeit in secret to actually keep the winnings this time around. Super Bowl props like the color of the Gatorade bath can't be affected by the everyday bettor, but something like this can. Think about it, do sportsbooks really want to risk offering a prop bet like this ever again?
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Two, he's $50,000 in the hole (a $425,000 swing from his possible payout), plus another $500, which was used to post bail from jail (he'll carry a misdemeanor for trespassing for years to come).įor the rest of us, we could possibly be feeling this hit, too. For one, he literally was hit while tackled by on-field security. The Possible Future FalloutĪndrade will be left feeling this hit for a while. Believe us, n ot all online bookmakers would've used made the same choice as Bovada. Instead, it decided to take the financial hit and appease bettors. It could've used Andrade as a scapegoat and just voided all bets entirely. Honestly, Bovada handled the situation to perfection. So it's a win-win proposition for everyone besides Andrade. Those that gambled no were actually saved by Andrade's actions as Bovada decided to refund their ticket fully.
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Those who bet yes on the prop received their payment at the full +750 value.
Bovada's investigation is ongoing, but one has to think they're questioning every bettor who maxed out the wager.įor the prop bettors not associated with Andrade, Bovada followed on their word and then some. The problem for Bovada, however, is identifying which accounts were part of Andrade's scheme. So did Bovada end up honoring the bet? Well, yes and no - all depending on who made the wager.įor Andrade and his rag-tag of buddies, the answer is a definitive no. At Bovada, the max bet on this Super Bowl streaker prop (and similar ones) is a meager $1000. Andrade skirted around the rules by having his friends make individual bets on his behalf, a clear violation of Bovada's policy. You see, Bovada and most online bookmakers set limits on wagers, especially longshot props such as these. Not because he took control of it and made it happen, but because of the amount wagered. Here's where Andrade problems begin, though: such a bet is against Bovada's own rules. Word soon spread about Andrade's ulterior motives, from social media all the way to the online bookie he made the bet on, Bovada. Until Andrade opened his big mouth that is.Īlmost $400k richer, the 31-year-old Andrade from Boca Raton, Florida, apparently told anyone that would listen that his "act of courage" was, in fact, motivated by the bet. So in theory, Andrade bet on himself and won. Of course, he bet $50,000 that there would be, an outcome that Bovada had pegged at staggering +750 odds. You guessed it, Andrade took a prop wager on whether the game would or would not have a streaker from Bovada. The NFL title game has a streaker almost annually, but what sets Andrade apart is he had a $375,000 incentive to run onto the field. Here is what went down and the ramifications of it all: The Rise & Fall Of One BettorĪndrade is the "streaker" (he was semi-clothed) that invaded the Super Bowl mid-game between the Chiefs and Buccaneers. You might've heard of his story, but not in the detail we're about to go over. Yuri Andrade learned that the hard way recently. However, there is one completely wrong answer to that question - tell the world about your coup. Pay down your mortgage? Or maybe splurge on a luxury car? Heck, save every last penny? Any one of those answers would do. Gambling insiders say that a bookie backing such a large wager would not let this sort of technicality slide, especially when there's a suggestion the person placing the bet played the system.What would you do with a $375,000 sports bet payout? Andrade was not naked when he made his dash even though most reports have used the term streaker to describe him. Gambling news websites have thrown cold water on the rumours, suggesting bet providers would argue that a streaker, by definition, is a person who runs naked through a public space. However, many in the gambling world doubt the story exists and claim the stunt was all part of a marketing campaign for X-rated website Vitaly Uncensored, which was scribbled on the front of the man's leotard. "Cost him $1000 to get out of jail so he cleared $374,000 on the bet.
"His buddy went out first as a diversion so he didn't get caught as quickly as his friend. "He bet $50,000 on a prop bet at +750 that there would be a streaker at the Super Bowl. Alexander's Restaurant while having lunch before leaving Tampa. The message read: "Met the Super Bowl streaker at J.
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