jack.com Payout Sparks Controversy After $5.7M Betting Win

A massive UFC betting win has sent shockwaves through the crypto sportsbook world. Arman Tsarukyan's camp placed a $1 million bet on Justin Gaethje at jack.com, a platform that paid out a staggering $5.7 million after Gaethje defeated Ilia Topuria in Round 4 of UFC Freedom 250.

The event was held on the White House South Lawn on June 14, 2026, and Gaethje's victory marked one of the biggest upsets in recent history. Tsarukyan's camp had placed the bet at a +470 price, which implies a win probability of around 17.5%.

Jack.com processed the payout as a single transfer without any reported delay, unlike traditional sportsbooks that often cap large withdrawals and spread them across multiple payment cycles. Tsarukyan's camp described the wager as a 'shared bet', but Dana White publicly stated that it was technically placed by a friend of Tsarukyan's.