Las vegas oddsmakers are welcoming in springtime with open hands. After a run of 12 months that has been filled with underdogs overcoming long odds, the NCAA men’s basketball tournament is providing casino sportsbooks aided by the perfect elixir.
This has been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.
Using the first week of March Madness in the books, it absolutely was the oddsmakers in Nevada that played the winning hand over the sports bettors.
Using the top-seeded and protecting champion Villanova Wildcats out, as well as No. 2 seeds Duke and Louisville, many brackets and wagers have now been busted. And that’s good news for the home.
Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‚We essentially became Caesars Palace federal reserve and were printing money.‘
Vegas was due for a strong run after a 2016 that was filled up with prediction 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 college football, as well as 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 unquestionably welcomed.
Duke Loss, Vegas Win
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