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Monday, October 15, 2018

Sports Betting

Gambling among topics of discussion at NFL owners meetings

sportsbook

The potential legalization of sports gambling was among the topics discussed during the NFL owners meetings, according to a report.

NFL Media’s Ian Rapoport says the league owners were briefed on the status of the sports gambling industry. They apparently were presented with a study on gambling and received an update on technology.

It sounds like some of the talk surrounding gambling has to do with ways the league will respond — or capitalize — if sports betting becomes legalized.

The NFL has long tried to distance itself from sports betting to preserve the integrity of the game. But legalization of it could change things.

Kansas fails to cover on amazing bad beat

Udoka Azubuike

There were some who were much happier about Kansas’ win over Seton Hall in the second round of the NCAA Tournament Saturday than others.

Kansas beat Seton Hall 83-79 to advance to the Sweet 16. They had the game in hand in the final seconds, leading Seton Hall to begin sharing some goodbye hugs. But before the buzzer sounded, Myles Powell threw up a three-pointer that went in to help the Pirates cover the spread.

The Jayhawks were favored by 4.5 points in the game and seemed to have that locked up following Devonte’ Graham’s free throws with just seconds left to put KU up by seven. But Powell had other ideas.

Here was the reaction at the Westgate Las Vegas Resort & Casino:

Sorry to those of you who had the Jayhawks giving the points.

Sportsbooks get crushed on Super Bowl betting thanks to Eagles upset

Sportsbook

The outcome of the Super Bowl was a nightmare not just for the New England Patriots and their fans, but also for most sportsbooks. There was so much money bet on the Philadelphia Eagles either via the point spread or the moneyline that most books were hoping for a Patriots win.

Of note, there were several huge seven-figure bets placed on the Eagles that gamblers were able to cash on.

William Hill sportsbook took a lost of over $4.6 million on three massive bets on the Eagles alone. 54 percent of their bettors were on the Eagles side of the spread, and 75 percent of moneyline bettors were on the Eagles and received favorable odds.

Jay Rood of MGM sportsbooks says they lost over $4.5 million on one individual ticket where a better placed $3 million on the moneyline on the Eagles and cashed with odds of at least 3:2.

Treasure Island in Las Vegas says the outcome was “horrible” and “disastrous.”

CG Technology also reported losses:

Whenever an underdog wins a major event, sportsbooks tend to lose money because of the liability they face due to the long odds. In this case, the Super Bowl did not go their way, though we doubt anyone will shed a tear for them.

And when we’re talking about underdogs, let’s remind just how wrong the sportsbooks got the Eagles this postseason.

Genie Bouchard and her Twitter date John Goehrke to attend Super Bowl

Genie Bouchard Wimbledon

Genie Bouchard was so confident in the Patriots not coming back to beat the Falcons in the Super Bowl last year that she agreed to a relatively high-stakes bet with one of her Twitter followers. As it turns out, Tom Brady’s most remarkable performance to date may have been a great thing for the tennis star.

After Bouchard declared Atlanta victorious in Super Bowl LI, a man named John Goehrke tweeted at her asking her to agree to go on a date with him if New England came back and won. We all know what happened to the Falcons’ 28-3 lead, and Bouchard remained true to her word by going on a date with Goehrke to a Brooklyn Nets game.

Fast-forward to this year, and the story is still being written. On Monday, NFL Canada asked Bouchard if she and the same gentleman would like to attend Super Bowl LII in Minneapolis. They accepted the invite.

While the whole thing seems like a PR stunt from NFL Canada and Bouchard, there may be more to it than that. Bouchard and Goehrke have been spotted in public together multiple times since their first date after the Super Bowl. Back in December, TMZ spotted them hanging out together on a beach in Miami. Bouchard sent these tweets at around the same time:

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Las Vegas insiders believe Tom Brady hand injury is serious; odds reflect that

The overwhelming consensus among NFL reporters seems to be that Tom Brady’s hand injury is not a major concern and the Patriots quarterback will play on Sunday, but the sports gambling world is clearly viewing the situation a lot differently.

Since Brady injured his throwing hand in practice on Wednesday, the gambling line for the AFC Championship Game has been steadily shifting. Prior to the injury, the Patriots were a nine-point favorite over the Jaguars. Following Brady’s second straight practice wearing gloves on Friday, the line was moving much closer to a touchdown.

According to RJ Bell of Pregame.com, Las Vegas insiders believe Brady’s hand injury is a legitimate concern for the Patriots.

In addition to the line shift, the total for the game had also been bet down from 46.5 to 45 at some sportsbooks as of Friday afternoon.

No team in the NFL is tougher to get a read on with injuries than the Patriots, and Brady was no help at his bizarre press conference on Friday. The extent of the injury is unknown, but professional gamblers obviously feel it is going to negatively impact New England in some way.

Saints still cover spread thanks to extra point kneeldown

Sportsbook

The New Orleans Saints were big losers on Sunday, but they did help some people despite blowing their NFC divisional playoff game against the Minnesota Vikings.

The Saints were leading 24-23 after kicking a field goal to take the lead with 25 seconds left. They looked to be sure winners as Minnesota faced a 3rd-and-10 situation from their 39 with 10 seconds left and no timeouts.

Case Keenum heaved a ball downfield to Stefon Diggs, who scored on a 61-yard touchdown to go up 29-24 thanks to a badly missed tackle.

But the story didn’t end there. The spread for the game was Minnesota -5.5, meaning despite leading by five, the Vikings were not covering the spread. NFL rules require teams to attempt extra points after touchdowns, even if there is no time left on the clock. But instead of kicking to go up 30-24 and cover the spread, the Vikings kneeled on the ball.

So the Vikings’ miracle touchdown may have helped them win, but it didn’t help most Minnesota backers cover the spread.

Eagles become first No. 1 seed to begin NFL playoffs as an underdog

Nick Foles

Carson Wentz is helping the Philadelphia Eagles make history in the postseason, and the star quarterback isn’t even going to play a snap.

The Eagles, who earned the No. 1 seed in the NFC after winning the NFC East division and finishing the regular season with a 13-3 record, opened as a 2.5-point underdog for Saturday’s divisional round game against the Atlanta Falcons. According to David Purdum of ESPN.com, that is the first time a No. 1 seed has opened as an underdog in the NFL playoffs.

The Falcons, the No. 6 seed in the NFC, pulled an upset over the Los Angeles Rams on Saturday. Given the way Atlanta looked and the way Nick Foles played over the final two games of the regular season, it’s no surprise the Eagles are an underdog for next weekend’s game. Westgate Superbook oddsmaker Ed Salmons believes Philly would have been as much as a 6.5-point favorite with Wentz.

Even with the home team getting points in a playoff game, Salmons says most of the bets have been on the Falcons.

“The early action, it’s pretty much all on Atlanta,” He told ESPN. “The public is going to bet Atlanta.”

Foles took over as the starter for Philly when Carson Wentz suffered a torn ACL in early December, and he looked extremely shaky to close out the season. There was even some talk that he could be benched for the playoffs, but Doug Pederson put that to rest.