A bettor with $10,000 to win $200,000 in futures wagers on the Falcons ripped up a check for $75,000 from PropSwap and didn’t hedge a dime before Atlanta’s 34-28 overtime loss to the Patriots in Super Bowl LI.
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A startup secondary market for active sports wagers in Las Vegas, PropSwap has sold 20 Knights bets and has five futures tickets for sale — including a $400 wager at 300-1 odds that pays $120,000. That ticket is on sale for $40,000.