Bookmaker asks for more time to process largest gambling payout ever
Online bookmaker Betr has begun the slow process of paying tens of millions of dollars to its customers after the young start-up’s 100-1 promotion caused the largest payout in sports gambling history.
Tens of thousands of Australians flooded the new company’s app nearly a year ago, placing lucrative $10 bets on the Penrith Panthers at the promotional 100-1 odds. On Sunday night, the Panthers stunned the Brisbane Broncos 26-24 to win their third consecutive premiership title.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Media & marketing
Fetching latest articles