Sports Videos

Green Bay Packers and Seattle Seahawks Controversy Forces Betting Line to Shift Over $150 Million Worldwide

The hottest topic in the sports world on Tuesday was the end of the controversy matchup between the Green Bay Packers and Seattle Seahawks in Week 3 as Golden Tate was rewarded with the game-winning 24-yard touchdown catch as time expired despite M.D. Jennings clearly having full possession of the football when he fell to the ground. While the results of this game had an impact on the standings in general, the sports betting world was truly effected from this controversial call as well–especially the ones that bet on the Packers to cover the spread.

Thanks to the refs boneheaded move at the end of the game, the betting lines worldwide shifted by more than $150 million and there are some who believe that it could even top the $250 million mark. Going into the game, Green Bay was considered a 3 1/2 point favorite and they would have covered the spread had the refs made the right call during the final play since they were up 12-7.

Obviously, Tate’s touchdown changed the entire outcome of the game and those who placed bets on the Packers covering the spread ended up on the losing end–which is absolutely ridiculous.

Oddsmakers in Las Vegas discussed how it was only a matter of time before the replacement refs made a mistake to impact the outcome of the game. Unfortunately, it was the Packers who had to be the victims of this incident and there’s nothing they can do about it.

“Like” Dan Parzych on Facebook

Be sure to follow Dan on Twitter @DanParzych