Bettor has 5,000 ticket on Houston Astros to win World Series … and he isn't hedging

Many bettors place futures wagers before a sport season with dreams of a big payout at the end of a championship run. Or, at least they hope they'll have the opportunity to hedge a ticket and lock in a profit.

One bettor in Colorado at BetMGM is in this exact situation, having placed a $50 wager in April on the Houston Astros to beat the Philadelphia Phillies in the World Series at 2500-1 odds. The bettor stands to win $125,000 if the Astros are victorious.

The Astros are undefeated so far in this postseason and entered as the No. 1 seed in the American League, while the Phillies barely got in as the No.6 seed. Philadelphia has gone the long route to the Fall Classic, having to beat the  St. Louis Cardinals, Atlanta Braves and then the San Diego Padres.

  
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By VSiN