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World Cup Books Profit After USA Exit

Bookmakers are celebrating after the USA's 4-1 loss to Belgium in the Round of 16 ended a streak of losses due to heavy public betting on the American team.

The USMNT's elimination brought a massive financial boost to sportsbooks across the nation. BetMGM's trading manager Adair Horne called it "one of the biggest wins we've had for a soccer game in company history," as bookmakers had been taking losses throughout the tournament due to overwhelming support for the USA.

Heavy betting on the US team continued with Caesars reporting 81% of money backing them to qualify and 78% on match betting. A massive $750,000 bet on USA to advance was placed just hours before kickoff. Despite popular prop bets on Folarin Balogun, bookmakers clawed back significant profits as the public's faith in the American team ultimately didn't pay off. truewildgame.com