
Jannik Sinner entered the French Open on a months-long 30-match winning streak and was heavily favored to win the tournament. He was listed at -300 before the event, implying a rare 1-to-3 payout, but he lost in the second round to Juan Manuel Cerundolo. Medical attention between the third and fourth sets was reported, likely related to extreme heat. A bettor using the X username FoaznPoker placed a $50,000 bet through Kalshi with 98 percent odds, targeting a maximum payout of $50,949.07. The bet resulted in a loss when Sinner was eliminated, and the bettor posted multiple updates and jokes about the outcome, including additional smaller wagers.
"Italy's Sinner was on a months-long, 30-match winning streak going into the tournament against 56th-ranked Juan Manuel Cerundolo of Argentina. The Athletic reports he was -300 to win the French Open before the start of the tournament, which would have marked a rare 1-to-3 payout. However, Sinner lost in the second round against Cerundolo, having received medical attention between the third and fourth sets, likely do to the 90-degree Fahrenheit heat."
"Through the sports betting site Kalshi, user FoaznPoker bet $50,000 with 98 percent odds for a max payout of $50,949.07 a profit of approximately $950 on Sinner's win. The user also bet another $5,000 on a separate betting site for a potential max profit of $50."
"Foazn posted screenshots of his bet to X on Wednesday night, with the caption: If you saw $999.07 on the ground, you'd pick it up, right? Jannik Sinner, followed by the lock and key emoji and, Couple things: Sinner is GUARANTEED to win, Foazn won't wake up at 5am to watch. I make money in my sleep; you wake up to make money #levels."
"The user has since made a series of X posts about the massive loss, writing, Kind of annoyed I wasn't $999.07 richer when I woke up and instead will be 10 minutes after. Life of a grinder I suppose, followed by, If you could burn $55,000 under the Roland Garros heat, you'd do it, right? Ruined all my hard work on Kalshi and FD this year. Tough. Foazn added, In the last 3 days I've made -$53,569.73 by picking up money off of the ground. That works out to -$6,517,650.48/year."
Read at www.mediaite.com
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