High risk, low-reward propositions are generally frowned upon in the sports betting world…well, except by the bookmakers.
On Tuesday, a bettor made a wager that fits the textbook definition of high risk, low reward. The gambler placed a $1,000 money-line bet on the Auburn Tigers at -20,000 to beat Kent State this Saturday.
If everything goes according to plan—and it’s likely that it will—the bettor will win $5 at Caesars Sportsbook in Las Vegas. Ben Fawkes of ESPN Chalk reported the bet, which originated from Jeff Davis, the director of trading at Caesars.
A popular theory floating around Twitter is that the bettor is simply trying to earn some rewards points at Caesars with a large, “sure-thing” bet.
Kent State is currently priced at +9000 on the money line as a 35-point underdog at 5Dimes. If the Golden Flashes were to pull the upset, it would go down as the fifth-biggest point-spread upset in college football history.
Auburn has jumped out to a 2-0 start both straight up and against the spread with a 27-21 win against Oregon and a 24-6 victory vs. Tulane. Kent State, meanwhile, is 1-1.
The Golden Flashes suffered a 30-7 loss at Arizona State, but they bounced back with a 26-23 overtime win against Kennesaw State last week.
Saturday night’s contest will mark the first meeting between the two schools. The Tigers have been 30-plus point favorites 26 times, winning all 26 of those games, but they’re just 9-16-1 ATS.
Kent State has been a 30-plus point underdog 17 times, falling in all of those games. The Golden Flashes are 7-10 ATS in those spots, failing to cover four of the last five times.