UFC Betting Record Broken: Crypto Sportsbook Payout Surpasses $5.7M

A massive $5.7 million payout to Arman Tsarukyan's camp by jack.com, a crypto sportsbook, has highlighted the growing trend of real-world finance integration with cryptocurrency. The unprecedented win came after Justin Gaethje defeated Ilia Topuria at UFC Freedom 250 on June 14.

Tsarukyan's camp placed a $1 million bet on Gaethje ahead of the event, which had him as a significant underdog against the undefeated lightweight champion. Gaethje was priced at around +470, indicating an approximately 17.5% chance of winning according to jack.com's line.

The fight ended with Gaethje securing the undisputed title in Round 4. With his victory, Tsarukyan's camp collected a massive payout, which was processed by jack.com without any reported delay or capping of withdrawals.