Simon Cowell — LOSES $20k ‘X Factor’ Bet to L.A. Reid December 22, 2012 - by Celebrity News Wire Simon Cowell has TWENTY THOUSAND reasons to cry over Thursday night’s “X Factor” results show — and it’s all thanks to a rich-person bet he made with L.A. Reid. TMZ has learned … Simon and L.A. made a wager at the beginning of the season ……