I guess if losing $400K on a bet doesn't put you in financial dire straits its not a problem but man thats alot of money to lose on a bet: http://sports.aol.com/fanhouse/2008...00k-on-the-super-bowl/?ncid=NWS00010000000001 Oh yeah, he blames ESPN for the loss ! Deserves to lose if thats how he makes his betting decisions.
he lost 100k, opportunity cost was the 400k. If you look at it that way, I lost a bunch of money too by not making a bet.