NBA bettor sweats out wild Knicks comeback, wins $458K with ladder strategy
An anonymous bettor won $458,000 after placing a series of bets on the New York Knicks during Game 1 of the Eastern Conference finals. The bettor used a ladder strategy, betting a total of $775,000 on the Knicks to cover various point spreads. The Knicks staged a dramatic comeback, allowing the bettor to cash in on their bets despite trailing by 22 points at one point in the game.
- ▪The bettor placed five different spread bets totaling $775,000 on the Knicks.
- ▪Jalen Brunson led the Knicks to a comeback with a 30-8 run in the final minutes of the game.
- ▪The Knicks won by 11 points in overtime, covering the 6.5-point spread.
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Betting New York Knicks NBA bettor sweats out wild Knicks comeback, wins $458K with ladder strategy By Malik Smith Published May 20, 2026, 11:27 a.m. ET New York Knicks guard Landry Shamet #44 reacting after hitting a 3-point shot. Charles Wenzelberg / New York Post See more of our coverage in your search results. Add The New York Post on Google If you thought you were sweating watching the fourth quarter of Game 1 of the Eastern Conference finals, imagine how you would have felt having bet more than $700,000 on the Knicks, who trailed by 22 points. An anonymous bettor at BetMGM had $775,000 on the Knicks to cover five different spread bets. The ladder strategy worked for this punter in the second round of the NBA playoffs to the tune of about $720,000.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
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