Quote:
Originally Posted by rohara66
Except in this case NOBODY (or very few people) bet on Columbus. I'd bet (lol) bookies made out like bandits.
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There's always people who bet on long shots. Especially if they get good odds. Like I said, risk mitigation. Bookies wanted people betting on Columbus - because that was where they expected to make their money: parting fools from their money.
According to Sporting News, the Lightning were at -350 and the Blue Jackets at +275. You'd practically have to bet $4 on Tampa to win $1, while betting $1 on Columbus could win $3. People like to chase the big win over the small, "safe" bet, and bookies rely on that.
Casesar's Palace, similarly, tried to minimize betting on Tampa - they had them at +250 to win the Cup. The team with the second best odds was San Jose at +800. Calgary was one of five teams tied with the third best odds at +1000. Columbus was second worst at +3000.