Las Vegas oddsmakers are welcoming in spring with available hands. After a run of year which was filled up with underdogs overcoming long chances, the NCAA men’s basketball tournament is supplying casino sportsbooks with the perfect elixir.
It has been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.
Utilizing the first week of March Madness in the books, it had been the oddsmakers in Nevada that played the hand that is winning the sports bettors.
With all the top-seeded and champion that is defending Wildcats out, as well as No. 2 seeds Duke and Louisville, many brackets and wagers were busted. And that is 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 follow 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 planet Series, Cleveland winning the NBA Finals, Clemson upending Alabama in university football, plus 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 obviously welcomed.