49ers’ declined safety during Thursday’s NFL game cost bettors at least $75 million

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You could hear the screams up and down the Vegas strip when 49ers coach Jim Harbaugh declined a safety late in Thursday’s NFL game.

The 49ers would have been winning by 9 with the safety – instead, they won by only 7.

San Francisco happened to be favored by between 7 and 8 points.

What did the safety mean for bettors?

An estimated 65% of the money bet on the game backed San Francisco; with 35% of the money backing Seattle.

Overall, it’s safe to say that Coach Harbaugh’s unconventional decision resulted in a $75 million dollar swing worldwide with the bettors overall losing that amount (due to 65% of action on 49ers) and the bookies overall winning that amount.

Here’s a more specific breakdown:
49ers -7 had money refunded (but would have won with the safety)
49ers -7.5 or -8 lost (but would have won with the safety)
Seahawks +7 had money refunded (but would have lost with the safety)
Seahawks +7.5 or +8 won (but would have lost with the safety)

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.