PANAMA CITY, Panama, Feb. 1, 2012 /CNW/ - Exactly one week ago, hip-hop mogul and multi-millionaire Birdman boasted to more than 675,000 of his Twitter followers that he planned on betting $5 million on the New England Patriots to win Super Bowl XLVI. BetOnline.com was the only entity to step up to the plate and take on the entire $5 million wager but it appears that the man who has "Money To Blow" has since tightened up.
Kickoff for Super Bowl XLVI is less than four days away and BetOnline.com has yet to hear anything from Birdman on the offer. The online sportsbook has no other choice but to set a deadline on the wager.
"Considering we are licensed and regulated out of Panama City, Panama, Birdman has to open an account and then post-up the $5 million dollars," stated Dave Mason from BetOnline.com. "Wiring that much money can take up to three days, so in order to ensure he has the complete sum in his account with us before kickoff, he has to get going and make the transfer by the end of today. Unfortunately, the public feels he will not do so."
And the odds on Birdman prop betting reflect the same sentiment. On Monday, when the proposition bet 'Will Birdman bet $5 million at BetOnline.com?' opened up, 'yes' paid out +500 and 'no' was listed at -700, which meant that the a bettor would win $100 from a $700 bet on 'no'.
After just 48 hours of Birdman silence and tons of one-sided action on 'no', the line has climbed to become the biggest favorite ever offered at BetOnline.com. At this point, a bettor has to lay $3000 to return the same $100 on 'no'. To say this speaks volumes is a huge understatement.
"It's kind of a shame. I've always been a big fan of Birdman's work since the early Cash Money days," stated Mason. "When I saw that he wanted to get down for $5 million on the Super Bowl, I knew we were the place for him to do it since we cater to big bettors. Instead, he's been quiet since we called his shot and all of the fans that wanted to see this record-setting bet happen will be disappointed."
"Him letting down his fans is the worst part," Mason continued. "Birdman is losing some cred by not following through with his boast. Hip-hop is a competitive genre and people have questioned his financial bragging before, so the fact that Birdman's supporters are even betting against him fulfilling the $5 million Super Bowl bet tells you all you need to know."
Nothing is lost yet. Birdman can restore his rep by signing up immediately at www.BetOnline.com and sending an email to [email protected] to get the bank wire instructions, but it has to happen today.
One of the few online sportsbooks to be legally licensed and regulated in one of the banking capitals of the world, Panama City, Panama, BetOnline.com's management have been servicing players from around the world for over 14 years.
With a reputation for excellent customer service, 100% payment history to players, the industry's best bonuses, a multitude of deposit methods including all popular credit cards, sports lines that appeal around the world BetOnline is now the fastest growing sportsbook featuring US sports.
In addition to sports betting, BetOnline offers a full featured online casino with 3D slots and live Texas Hold'em and Omaha Poker room. BetOnline: because you can. For more information, see www.BetOnline.com
For further information: