Atlanta Hawks Bettor In Colorado Places Two $20,000 Wagers On The Team

Written By Ian St. Clair on 05/06/2021 - Last Updated on June 17, 2021

Open up social media and you’re bound to see major wager alerts.

You can’t go a few hours without seeing the newest one. Welcome to legalized sports betting in the U.S. Obviously, this all depends on the sports season and when in the season the sport is being played, but you know they’re coming.

With a little over a week left in the NBA regular season, Colorado NBA betting has produced some of the most recent big bets.

And they’re as random as you might guess.

The DraftKings Sportsbook in Colorado is seeing significant engagement in futures betting markets around the Atlanta Hawks. That includes the NBA Finals and Easter Conference winner.

Here are the two major wagers a Colorado bettor placed on the Hawks:

  • $20,000 on the Hawks to win the Eastern Conference at +4,000. The wager would win the bettor $820,000.
  • Another $20,000 on the Hawks to win the NBA Championship at +10,000. The wager would win the bettor $2 million.

As Johnny Avello, DraftKings head of race and sportsbooks operations, said:

“The Hawks could end up the fourth-seed in the East and have a couple of home court series. Most notably, the team is increasing their in-game seating to 7,000+ fans, which may work in their favor come the playoffs. The team has also responded well to the hiring of new coach Nate McMillan, going 20-11. All positive factors for our sportsbook customers in placing these major bets.”

Bets made on the Nuggets

If you were curious, Denver Nuggets betting in Colorado has also produced some potential high-winning wagers at DraftKings as well.

  • $3,000 on the Nuggets to win the Western Conference at +1,500. The bet would win $48,000.
  • $2,000 on the Nuggets to win the NBA Championship at +1,800. The bet would win $38,000.
  • And a fun long odds one: $1,000 on the Nuggets to win the NBA Championship at +4,500. The bet would win $46,000.

Since Nikola Jokić and the Nuggets were swept by the Phoenix Suns, those bets obviously caput.

Hawks finish as the No. 5 seed in the East

Atlanta finished the NBA regular season with a 41-31 record to get the No. 5 seed in the East.

In the first-round of the NBA Playoffs, the Hawks dispensed of the New York Knicks in five games. So hope is alive for the two big bets.

Will the major wagers on the Hawks win?

Up next is the Philadelphia 76ers. The top seed in the East serves as the first major challenge to Atlanta and whether those bets will win. As it stands now, the Hawks hold a 3-2 series lead over Philadelphia after coming back from a 26-point deficit in Game Five. Atlanta can close out the Eastern Conference Semifinal series on Friday at home.

Yet even if Trae Young and Co. advance to the Eastern Conference Finals, they would still (likely) be the underdog to the Milwaukee Bucks or Brooklyn Nets. But the fact the Hawks are even in this position is a lot of fun.

Other Colorado major wagers

In terms of big bets placed in Colorado, these two on the Hawks crack the top five.

Jim “Mattress Mack” McIngvale placed the two largest wagers in Colorado history, both also made at DraftKings. The first was a $3.46 million bet on Tom Brady and the Tampa Bay Buccaneers on the +3.5 spread (-127) in the Super Bowl. The bet won $2.72 million.

The other “Mattress Mack” wager was $1 million on the Houston Cougars to win the Men’s NCAA Tournament at +900 odds.

As for the two major wagers on the Hawks, aside from the fact that there are actually Hawks bettors and fans out there, at least one of them is close to winning.

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Ian St. Clair

Ian is an award-winning sports journalist and a University of Northern Colorado graduate. He’s a Colorado native and has over a decade of experience covering college and professional athletics. He broke into the gambling industry right as Colorado launched legal sports betting in 2020. Ian now manages the sites for some of the biggest gambling markets in North America and is an analyst for PlayColorado.

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