Proposition bets first popped up for Super Bowl XX in 1986, when Las Vegas oddsmakers took bets on whether Chicago's famed defensive tackle-turned-short yardage running back William The Refrigerator  Perry would score a touchdown.

Famed sports bettor and furniture salesman Mattress Mack has completed what is believed to be the biggest legal bet in sports betting history. With the Astros' World Series win on Saturday, Jim Mattress Mack  McIngvale cashed in on a payout ofR$75 million from various sportsbooks.