The NBA banned Toronto’s Jontay Porter on Wednesday, after a league probe found he disclosed confidential information to sports bettors and bet on games.
Basketball
The bettor placed a $100 parlay in May on the Rangers to win the World Series (22-1), the Chiefs to win the Super Bowl (6-1) and a team to win the NBA title at 70-1.
Moments after the NCAA Tournament bracket was revealed, the South Point sportsbook posted lines on the first 32 games, and sharp bettors pounced.
Bettors dealt sportsbooks a loss as they cashed tickets on Fairleigh Dickinson at up to 25-1 on the money line, including five-figure payouts at two casinos.
Refresh often for minute-to-minute updates on all of the NCAA Tournament action — live line movement, props, halftime bets and more.
The FanDuel bettor, who hit the first six legs of a $26 seven-team parlay of champions, passed up a chance at $557,770.91 to guarantee himself $283,538.52.
The Los Angeles Clippers are the 6-1 co-favorites with the defending champion Golden State Warriors at the Westgate SuperBook to win the 2023 NBA title.
The first day of the NCAA Tournament was a blessed one for Las Vegas sportsbooks, which won big when No. 15 seed Saint Peter’s knocked off No. 2 Kentucky.
Welcome back to March Madness. We’ll be following the action from all 16 games Thursday in the first day of the first round of the NCAA Tournament.
Houston furniture store owner Jim “Mattress Mack” McIngvale made a $1 million hedge bet to reduce risk on a promotion that guarantees a refund if a Texas team wins the national title.
The Los Angeles Lakers (27-31), the +350 second choice to win the NBA title in the preseason, soared to 50-1 on Wednesday, their longest odds of the season.
The Illini opened as high as 100-1 and were 25-1 for much of the season, but are now the second betting choice behind Gonzaga.
Bettors and bookmakers will have to compete to keep up with news on about 350 Division I teams during the season that starts Nov. 25.
Professional bettor Erin Rynning likes Damian Lillard and the Portland Trail Blazers to continue their hot streak in Game 1 against the Los Angeles Lakers on Tuesday.
Las Vegas, which lost in the semifinals last season, leads a clear division between the top six teams in the league and the bottom six.