$375,000 World Series Winner..% QUESTION??

[nikossf]

Im sure everyone has seen this by now..Trying to figure out %..

http://sports.yahoo.com/mlb/blog/big_league_stew/post/Pay-the-man-Bettor-to-collect-375-000-after-Ca?urn=mlb-wp25992

Did I figure this right..
$500.00 X 75,000% = $375,000 ??? SERIOUSLY???? 75,000% in 1.5months???
WTF??????

Please someone tell my math on this is wrong.. The percentage just looks freakin ridiculous...



Also,..It was a 999-1 bet to win the world series.. So my guess is this is a serious sports investor.. With maybe 5-6k spread around 9-10 teams.. but as I read on an article here at SBR earlier this week,.apparently this guy was just a FAN?? WTF??? Dumb luck or Serious Capping??
Regardless.....