LeSean McCoy lost $250,000 on Ryan Garcia's upset win over Devin Haney
LeSean McCoy admits he got "cooked" with this bet on Devin Haney.
When it comes to betting a heavy favorite, you better be sure they’re going to win. Because the cost opportunity usually isn’t worth the massive amounts of money you have to lay on the line. That’s what LeSean McCoy found out the hard way Saturday.
The former NFL running back bet an insane amount of money on WBC junior welterweight champion Devin Haney’s -1000 odds to beat Ryan Garcia to win just a fraction of what he was betting. To be exact, he bet $250,000 to win $25,000, according to screenshots of a since-deleted tweet. After Garcia stunned the world with a majority decision win that included three knockdowns, McCoy walked away with only a massive L.
Former #NFL star RB LeSean McCoy with one of the worst bets of all time…
250 thousand dollar wager to win 275 thousand dollars if Devin Haney won.
HE LOST
(@CutonDime25) pic.twitter.com/8a4txiBDsF
— MLFootball (@_MLFootball) April 21, 2024
Though Shady removed the image of his bet at Fanatics, he previously acknowledged he’d be putting down a big number on Haney. He confirmed losing after the fight by tweeting “I just got cooooked.”
Tomorrow it’s showtime betting that paper on HANEY @Realdevinhaney
— LeSean Shady Mccoy (@CutonDime25) April 19, 2024
lol damn win some lose some I just got cooooked
— LeSean Shady Mccoy (@CutonDime25) April 21, 2024
McCoy wasn’t the only loser. UFC’s Israel Adesanya bet $20,000 on Haney to win by knockout, a wager that would have at least doubled his money had it hit.
Instead, he came away with nothing too.
Shoot the dice @stake pic.twitter.com/8CDMbiqmuc
— Israel Adesanya (@stylebender) April 20, 2024
On the flip side, people who bet Garcia’s odds of around +500 to win made off nicely. Though Garcia himself lost a wild bet of $1.5 million to Haney for missing weight by three pounds — which disqualified him from challenging for Haney’s title — he knows he helped plenty others with their bets.
After the fight, Garcia jokingly asked for his cut of their winnings.
Everyone I made rich tonight bruh J need my cut wtf
Jk enjoy fam
— RYAN GARCIA (@RyanGarcia) April 21, 2024