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Las Vegas Oddsmakers Are March Madness’ Big Winners After Two Rounds

Las Vegas Oddsmakers Are March Madness’ Big Winners After Two Rounds

Vegas oddsmakers are welcoming in springtime with available arms. After a run of 12 months that has been filled up with underdogs overcoming long chances, the NCAA guys’s basketball competition is providing casino sportsbooks with all the perfect elixir.

It’s been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.

With the first week of March Madness in the books, it absolutely was the oddsmakers in Nevada that played the winning pay the sports bettors.

Aided by the top-seeded and champion that is defending Wildcats out, in addition to No. 2 seeds Duke and Louisville, many brackets and wagers are busted. And that’s good news for the household.

Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‘We fundamentally became Caesars Palace federal reserve and had been printing money.’

Vegas was due for a strong run after a 2016 that was filled with prediction and recreations 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, additionally the ‘Brexit’ vote kept both domestic and international oddsmakers guessing.

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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