Las vegas, nevada oddsmakers are welcoming in spring with open hands. After a run of year that has been full of underdogs overcoming long odds, the NCAA males’s basketball competition is supplying casino sportsbooks utilizing the perfect elixir.
This has been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.
With all the first week of March Madness into the books, it was the oddsmakers in Nevada that played the winning pay the sports bettors.
Aided by the top-seeded and champion that is defending Wildcats out, also No. 2 seeds Duke and Louisville, many brackets and wagers were busted. And that is good news for the home.
Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‘We basically became Caesars Palace federal reserve and had been printing money.’
Vegas was due for a strong follow a 2016 that was filled up with forecast and recreations 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, additionally the ‘Brexit’ vote kept both domestic and international oddsmakers guessing.
The March Madness victory thus far is certainly welcomed while books in Nevada have largely weathered the storm.
Duke Loss, Vegas Win
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