“To have a 15, two 11s and a 10 left right now speaks volumes. That just shows the parity of college basketball,” Red Rock Resort sportsbook director Chuck Esposito said.
Todd Dewey
Todd Dewey covers sports betting for the Las Vegas Review-Journal.
tdewey@reviewjournal.com … @tdewey33 on Twitter. 702-383-0354
Bettors that slept in on the second day of the NCAA Tournament missed out on another fast start by favorites, who started 5-0 ATS for the second straight day.
The first day of the NCAA Tournament was a blessed one for Las Vegas sportsbooks, which won big when No. 15 seed Saint Peter’s knocked off No. 2 Kentucky.
I asked three professional sports bettors for tips on betting March Madness and one piece of advice from Cris Zeniuk is not to shy away from favorites.
Multiple Las Vegas sportsbooks took sharp money on Murray State, a 1-point favorite over San Francisco after it opened as a 1½-point underdog.
About 15 minutes after the NCAA Tournament bracket was revealed, the South Point sportsbook posted lines on the first 32 games, and sharp bettors promptly fired away.
The Raiders’ odds to win the Super Bowl shot up from 40-1 to 80-1 after reports that Aaron Rodgers will return to Green Bay and Seattle will trade Russell Wilson to Denver.
There is a popular belief that sportsbooks take an equal amount of money on both sides of a game to guarantee a profit. Is it fact or fiction?
The Los Angeles Lakers (27-31), the +350 second choice to win the NBA title in the preseason, soared to 50-1 on Wednesday, their longest odds of the season.
Las Vegas sportsbooks won millions Sunday when the Rams defeated the Bengals, but didn’t cover the 4½-point spread and the game stayed under the total of 48½.
Prolific Las Vegas football contest winner Cris Zeniuk leans to the Cincinnati Bengals to cover as 4½-point underdogs over the Los Angeles Rams in Sunday’s Super Bowl.
About 25 bettors lined up at the Westgate SuperBook and were allowed to place two maximum wagers to win $2,000 each before heading to the back of the line to do it again.
Caesars Sportsbook took a $180,000 bet to win $100,000 on the Rams over the Bengals on the money line (-180) within minutes of the line going up for Super Bowl LVI.
The South Point took sharp bets of $165,000 to win $100,000 on the Los Angeles Rams on the money line (-165) and $220,000 to win $200,000 on the San Francisco 49ers +3½.
Kansas City’s win was a major swing in favor of the sportsbooks because it denied countless bettors a four-team money-line underdog parlay that would’ve paid about 40-1.
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