Las vegas oddsmakers are welcoming in spring with available hands. After a run of 12 months that was full of underdogs overcoming long chances, the NCAA guys’s basketball competition is providing casino sportsbooks because of the perfect elixir.
This has been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.
Utilizing the first week of March Madness within the publications, it had been the oddsmakers in Nevada that played the hand that is winning the sports bettors.
With all the top-seeded and defending champion Villanova Wildcats out, in addition to No. 2 seeds Duke and Louisville, many brackets and wagers were busted. And that’s good news for the house.
Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‘We basically became Caesars Palace federal reserve and were 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, and the ‘Brexit’ vote kept both domestic and international oddsmakers guessing.
While publications in Nevada have largely weathered the storm, the March Madness victory to date is certainly welcomed.
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