Las vegas, nevada oddsmakers are welcoming in springtime with open hands. After a run of year which was full of underdogs overcoming long odds, the NCAA men’s basketball competition is supplying casino sportsbooks with all the perfect elixir.
It’s been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.
Using the first week of March Madness within the books, it had been the oddsmakers in Nevada that played the winning hand over the sports bettors.
Utilizing the top-seeded and defending champion Villanova Wildcats out, along with No. 2 seeds Duke and Louisville, many brackets and wagers have been busted. And that’s good news for the house.
Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‘We fundamentally became Caesars Palace federal reserve and had been printing money.’
Vegas was due for a strong follow a 2016 that was full of prediction and sports betting chaos. The election of Donald Trump, Leicester City winning the Premier League, the Chicago Cubs winning the planet Series, Cleveland winning the NBA Finals, Clemson upending Alabama in college football, and the ‘Brexit’ vote kept both domestic and oddsmakers that are international.
The March Madness victory thus far is certainly welcomed while books in Nevada have largely weathered the storm.
Duke Loss, Vegas Win
The Duke Blue Devils are the Green Bay Packers of co Continue reading