Vegas oddsmakers are welcoming in springtime with open hands. After a run of year that was filled with 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.
Because of the first week of March Madness in the books, it had been the oddsmakers in Nevada that played the winning pay the sports bettors.
Because of the top-seeded and protecting champion Villanova Wildcats out, along with No. 2 seeds Duke and Louisville, many brackets and wagers happen busted. And that is good news for the home.
Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‘We fundamentally became Caesars Palace federal reserve and were printing money.’
Vegas was due for a strong pursue a 2016 that was filled up with forecast and activities chaos that is betting. The election of Donald Trump, Leicester City winning the Premier League, the Chicago Cubs winning the World Series, Cleveland winning the NBA Finals, Clemson upending Alabama in university football, as well as the ‘Brexit’ vote kept both domestic and oddsmakers that are international.
While publications in Nevada have largely weathered the storm, the March Madness victory thus far is obviously welcomed.
Duke Loss, Vegas Win
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