Blog Entry

Man who bet on SB safety to donate to charity

Posted on: February 7, 2012 2:52 pm
 
Justin Tuck's safety on Tom Brady won a man $50,000. (AP)
By Josh Katzowitz

In the immediate aftermath of the first-quarter safety in Super Bowl XVLI, when Justin Tuck forced Tom Brady into an intentional grounding penalty while throwing from the end zone, a few writers in the auxiliary press box started looking up the prop bet odds that surely would pay off in a huge way for at least one person.

Well, a guy named Jona Rechnitz had played a $1,000 wager that a safety would occur, and with those 50-1 odds, he suddenly was $50,000 richer. But not for long.

That’s because as TMZ reports (via Yahoo Sports), Rechnitz plans to donate all the post-tax money to various charities, including one of Brady’s choice. Rechnitz, a big Giants fan, also apparently wants to donate $5,000 to the charity of Tuck’s choice.

Even crazier, Rechnitz -- who owns a capital investment firm in Manhattan and who apparently does quite well for himself -- only makes one Super Bowl bet per year. Luckily for him and his future recipients, this year’s wager panned out rather nicely.

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Comments

Since: Sep 6, 2006
Posted on: February 7, 2012 4:23 pm
 

Man who bet on SB safety to donate to charity

Instead, it focuses on some capital investor (read, the .01%)

Just for the record (and a little math lesson for the bitter):

.01 is the same as 1%.  1% is the same as 1%. 
".01%," on the other hand, means one-hundredth of a percent.  Not sure that's what you were going for.  But I can see how simultaneous anger and bitterness, intertwined with seething hatred, could be distracting.



Since: Aug 16, 2011
Posted on: February 7, 2012 4:21 pm
 

Man who bet on SB safety to donate to charity

Clearly, none of Quadruple_Play's four Super Bowl squares hit...



Since: Apr 27, 2008
Posted on: February 7, 2012 4:17 pm
 

Man who bet on SB safety to donate to charity

Quadruple_Play is an angry elf, isn't he? Surprised



Since: Sep 6, 2006
Posted on: February 7, 2012 4:14 pm
 

Man who bet on SB safety to donate to charity

Quadruple_Play, I'm guessing you as a "glass-half-empty" type.



Since: Jan 5, 2012
Posted on: February 7, 2012 4:13 pm
 

Man who bet on SB safety to donate to charity

Great way to pay it forward!



Since: Aug 27, 2009
Posted on: February 7, 2012 4:08 pm
 

Man who bet on SB safety to donate to charity

Some rich dude with money-to-burn wins a lucky bet and gets to play the hero by donating his winnings to charity.  His winnings, by the way, of $50,000, are more than most Americans make in an entire YEAR.  That's what the article should be mentioning.  Instead, it focuses on some capital investor (read, the .01%) who makes money hand over fist while the average American struggles to get by.  Millions of people can't pay their mortgages and this capitalist can place $1000 bets.  Way to go America, way to go CBS Sports for maintaining the status quo. 



Since: Dec 11, 2007
Posted on: February 7, 2012 4:07 pm
 

Man who bet on SB safety to donate to charity

Well done, good sir!  I hope this story gets as much pub as possible and it inspires others to give to charities, too. I'd love to see a couple of big names get behind this story and direct some much needed money towards a few good causes. The Super Bowl is like the epitome of self-indulgence and silly American spending. It's  nice to see just a fraction of that spending go to those who are less fortunate. Bravo Mr. Rechnitz. I applaud you and hope that you get a little recognition for this kind and noble gesture.  


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com