This $25K bet on the Raiders might be the most hopeless wager of 2025

It's not hard to find weird ways to spend your money. Some NFL fans have John Elway memorabilia. Pet rocks were actually a thing in the '70s. Over on eBay, a vendor is selling a still-sealed Panda Express fortune cookie wrapper without the actual cookie inside. Like we said, some people part with their finances for weird reasons.

One sports bettor, however, might have found the dumbest way to light $25,000 on fire: betting on the Las Vegas Raiders to win the Super Bowl.

According to Yahoo! Sports betting analyst Ben Fawkes, one bettor at DraftKings put down $25K back in April on the Raiders to win Super Bowl LX at 100-1 odds. If the Raiders actually win it all, the payout would be $2.5 million.

On the one hand, it's hard to fault such a life-changing bet. That's generational wealth. On the other hand, that would also mean the Raiders franchise would have to win its first Lombardi Trophy since 1984.

That the team could somehow leap over 31 other teams despite not having a first-place finish to its credit since American Idol debuted—well, that feels a bit far-fetched. In fact, the odds have already gotten worse. As of this week, the Raiders have dropped to 120-1, meaning the books are even less confident in Las Vegas now than they were when that bet was placed in the spring.

The Raiders haven’t had double-digit wins since 2021, haven’t won the AFC West since 2002, and have managed exactly one playoff win in the last 21 seasons. They’ve churned through coaches and GMs like few other teams, and while Pete Carroll brings some legitimacy to the franchise, no one is scared of them in 2025 either.

"A fool and his money are soon parted," goes the saying. That's especially true for anyone foolish enough to put actual money—even $25—on the Raiders.