Editor’s observe: It is a follow-up to a earlier story about Wayne Shelton’s championship parlay ticket, doubtlessly price $1.7 million.
Wayne Shelton — the bettor who positioned a $100 parlay in Could 2023 on Texas Rangers, Kansas Metropolis Chiefs and Oklahoma Metropolis Thunder championship futures right into a $1.7 million wager — has formally cashed out.
On Tuesday morning, the Arizona resident posted a video to his Instagram story exhibiting him cashing out his wager on DraftKings for $80,960.17. Shelton confirmed to ESPN that he’s placing the wager behind him.
“I stated final night time, if we win this sport they usually provide no less than 80 [thousand], I am strolling. Effectively, they’re providing 80 [thousand], and I do not suppose I can take anymore,” Shelton stated on the social media platform, referring to the Thunder’s win over the Mavericks on Monday night time. “I wish to maintain going, however I am a single dad and the cash could be fantastic.”
Shelton’s money out was as excessive as $100,000 at one level and fell to $30,000 when Oklahoma Metropolis misplaced two video games of their second-round sequence towards the Dallas Mavericks.
After the Thunder gained Sport 1 of the sequence, Shelton positioned hedge bets at a number of sportsbooks for Dallas to advance within the playoffs previous the Thunder. Shelton bought various odds at every e-book, however he estimates that he positioned $10,000 price of bets to win round $14,000 ought to the Mavs win the sequence.
Shelton additionally had the choice to promote his ticket on the secondary market on companies resembling WagerWire or PropSwap; the previous estimates that Shelton’s ticket could be price round $171,460, whereas the latter estimates the worth at $201,717.
In the end, the only father of 1 determined that the fixed swings in worth and emotion have been turning into too demanding, so he determined to make his exit.
“Issues bought so loopy so quick,” Shelton instructed ESPN. “It bought so overwhelming for me that the motion was so excessive. And also you simply do not know till you are in that state of affairs how it should have an effect on you. On this case, I am at that time the place I did not wish to stroll, however we’re actually one sport away from being completely screwed.”
Whereas the expertise was difficult, Shelton stated he “by no means felt strain from anybody” to make anybody explicit transfer and as an alternative seemed on the suggestions he was getting from his sudden fame as a “sounding board.”
“It is good to have assist should you’re ever in a state of affairs like this and you bought a ticket like this, whether or not it is folks on the web, [but] largely I’d be extra referencing family and friends,” Shelton stated. “You are not going to have the ability to get by a ticket like this by your self, so have that with you. But it surely’s completely an expertise. You may like it. And you may always remember it.”
