05-24-2019, 05:25 PM
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#69
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Fearmongerer
Join Date: Oct 2001
Location: Wondering when # became hashtag and not a number sign.
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Quote:
"We're actually worse [on the Blues] than what the Knights would have been," Bill Sattler, director of specialty games for Caesars Entertainment, said, adding that a St. Louis victory over the Boston Bruins in the Stanley Cup Final would cost the sportsbook a net loss of "mid-six figures" on their odds to win the Stanley Cup.
There were a few believers willing to stake a few dollars on the Blues at that point, but not many. The SuperBook at Westgate Las Vegas said it took just one bet -- a $20 wager on Dec. 28 -- on the Blues at 300-1. New Jersey sportsbook PointsBet said it didn't take its first bet on St. Louis to win the Stanley Cup until Feb. 20.
The largest bet Caesars took on the Blues at 250-1 was $400, but Sattler said there were several more in the $100 range. With odds in the triple digits, it doesn't take much to build up some hefty liability.
"We had them at 250-to-1 halfway through the season," Sattler, a 40-year-plus Vegas veteran, said. "A few hundred-dollar bets here and there, and it gets up there."
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Thats a 100K payout.
http://www.espn.com/chalk/story/_/id...at-stanley-cup
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