Nevada oddsmakers are welcoming in springtime with available arms. The NCAA men’s basketball tournament is providing casino sportsbooks with the perfect elixir after a run of 12 months that was filled with underdogs overcoming long odds.
This has been more sorrow than celebration for patrons at Las Vegas sportsbooks this March Madness.
Using the first week of March Madness into the books, it had been the oddsmakers in Nevada that played the hand that is winning the sports bettors.
Aided by the top-seeded and protecting champion Villanova Wildcats out, as well as No. 2 seeds Duke and Louisville, many brackets and wagers have already been busted. And that’s good news for the household.
Talking with ESPN, Frank Kunovic, director of specialty games for Caesars Entertainment, said, ‘We essentially became Caesars Palace federal reserve and had been printing money.’
Vegas was due for a strong run after a 2016 that was filled with forecast 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, and the ‘Brexit’ vote kept both domestic and oddsmakers that are international.
While books in Nevada have largely weathered the storm, the March Madness victory thus far is unquestionably welcomed.
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