Dave Portnoy never shies away from expressing his genuine outlook on the topics that intrigue him. He was a staunch fan of the New England Patriots, backing them during a slide obvious and clearly visible to everyone else. After his eyes opened to that, he bet on the Cincinnati Bengals to win the Super Bowl. Though they were one of the form teams in the NFL then, they have since lost three in a row.
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Dave Portnoy announced he would give up gambling after the Buffalo Bills lost to the Philadelphia Eagles. The Eagles prevailed 37-34 in overtime. There was at least one moment of controversy concerning the refereeing in that game. Regardless, Portnoy bet a hefty sum on the Bills’ success. Despite his decision, he continued to keep himself updated about betting strategies and so on.
El Presidente scoffs at gambling advice
Dave Portnoy replied to a tweet from Fox Sports Radio betting analyst Jared Smith. Smith posited bettors ought to steer clear of the gambler’s fallacy and view each game independently.
He also shared some gambling advice concerning the Minnesota Vikings, who are presently playing the Chicago Bears. Smith pointed out the Vikings had the same chance of covering the spread as they would if the favorites went 3-12 instead of 12-3 against the spread.
Responding to this, Portnoy wrote, “Dumbest thing I’ve ever heard.”
Dumbest thing I've ever heard
Friendly reminder for NFL spread bettors... The Vikings have the same chance of covering tonight as they would if favorites went 3-12 this week instead of 12-3 ATS Treat each game as an independent event and don't buy into the "due theory" aka the gambler's fallacy
The Vikings lost four of their first five games this season. They followed that with a five-game winning streak, which ended with a 21-20 loss to the Denver Broncos.
With a 6-5 record against that of the 3-8 Bears, they are doubtless the favorites. Home advantage is also theirs for this clash. Dave Portnoy is usually a fan of risky bets. He stood to gain a million if the Bengals won the Super Bowl. Sadly, that was not to be.
Dave Portnoy threatens to sue the NFL and the Bengals
The Bengals’ starting quarterback Joe Burrow is out for the rest of the season. Dave Portnoy believes the Bengals and the NFL are guilty of keeping his injury under wraps.
He threatened a class action against that pair for the losses incurred by betting on the Bengals when they played the Baltimore Ravens.
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Dave Portnoy took to his X handle to vent his frustrations after Joe Burrow’s ligament injury was revealed. Portnoy alleged that the quarterback’s injury was kept under wraps.
He penned, “I’m filing a class action lawsuit against the Bengals and NFL for lying about the injury report. There is no shot I put 100k hard-earned dollars on the Bengals if I knew Joe Burrow was injured going into the game. This committee owes me an apology!”
Had he known, the self-styled El Presidente claimed he would not have bet a massive sum on the Bengals.
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