jack.com Payout Sets New Record with $5.7M Win for UFC Fighter's Betting Camp

UFC fighter Arman Tsarukyan's betting camp placed a $1 million wager on Justin Gaethje at UFC Freedom 250, held on June 14. The bet was placed through the crypto sportsbook jack.com, which had listed Gaethje as a +470 underdog against Ilia Topuria. At these odds, the implied win probability for Gaethje was around 17.5%. Gaethje went on to stop Topuria in Round 4, claiming the undisputed lightweight title and triggering a $5.7 million payout for Tsarukyan's camp.

jack.com processed the large payout as a single transfer, without capping the withdrawal amount at most platforms would have done. This allowed Tsarukyan to receive his winnings in full, which he has publicly posted on social media.