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Biggest Sportsbook Losses In Round Of 16 World Cup Betting
1. England to Win or Advance vs. Mexico
England advanced past Mexico in a high-profile match (England won, with big contributions from players like Jude Bellingham).
Mexico had some public appeal as a “story” team or underdog in spots. A notable high-roller reportedly lost $1 million betting on Mexico-related outcomes.
Any significant public money on Mexico (or props favoring them) that lost meant books kept it.
Conversely, money on England or specific England props (e.g., Bellingham anytime goalscorer) created payouts. England’s advancement also boosted futures books slightly.
2. Spain to Win or Advance vs. Portugal
Spain defeated Portugal 1-0. Portugal (with Cristiano Ronaldo) often draws passionate, volume-heavy betting from casual fans.
Heavy money on Portugal to win or advance would have been a win for books when Spain prevailed.
Money on Spain (the more “professional” side) or over totals created the payouts.
Portugal’s elimination was also positive for outright/futures books (they were noted as a secondary liability behind the U.S. at some operators).
3. Over Totals / Both Teams to Score in High-Scoring or Open Matches
The USA vs. Belgium match ended 4-1 (5 total goals). Other knockout games had goals (e.g., Argentina’s late drama vs. Egypt, Norway’s result vs. Brazil). Public often hammers overs in World Cup knockout games, especially in expected high-event matches.
Books paid out on overs and BTTS in games that went over the total (common in these expanded-format, attacking matches). The U.S.-Belgium game alone likely generated significant over liability.
4. Anytime Goalscorer Props and Player-Specific Bets on Stars Who Delivered
Props on players like Harry Kane, Jude Bellingham (England), or attackers in Argentina/Spain/Belgium matches that hit multiple times created notable payouts. Star-driven props (especially in U.S. and European matches) attract heavy recreational betting.
Belgium’s 4-1 win and other lopsided or goal-heavy results triggered payouts on goalscorer, assist, and multi-goal props. These markets often have higher margins but still move real money when popular players deliver.
