A record $436.5 million was wagered on basketball, college and pro, at Nevada sports books in March, with the NCAA Tournament accounting for an estimated $305.5 million.
Betting
Derek Stevens, who owns the D Las Vegas and the Golden Gate, lost his $25,000 futures bet to win $1 million on the Wolverines but he won $100,000 on a $330,000 hedge bet he placed on the Wildcats on the money line Monday afternoon.
The Westgate listed odds on 190 of the 353 Division I college basketball teams.
Las Vegas casino owner Derek Stevens is guaranteed to end up a winner in the NCAA Tournament after placing a $330,000 money-line wager to win $100,000 on Villanova over Michigan at the William Hill sports book.
Villanova is a 6½-point favorite over Michigan and the total is 145½ in Monday’s NCAA championship game. Here’s a survey of opinions from Review-Journal staff members, other media, oddsmakers and professional handicappers.
Villanova has won 10 straight games and is 8-2 ATS during the streak. The Wildcats have rolled through the NCAA Tournament, going 5-0 straight-up and ATS while winning each game by an average of 18 points.
Bruce Marshall’s daughter went to Loyola-Chicago, but the handicapper’s wife won’t be rooting for the Ramblers and Sister Jean — America’s favorite 98-year-old nun — in Saturday’s NCAA semifinals.
On an alternate point spread, Loyola-Chicago is a 3½-point favorite, at plus 290, over Michigan in Saturday’s national semifinal.
Handicapper Bruce Marshall went 12-5 ATS and hit both of his best bets to edge handicapper Kelly Stewart (12-5 ATS) by one point in the Review-Journal Madness Challenge.
Review-Journal sports betting columnist Todd Dewey, handicapper Kelly Stewart and CG Technology sports book vice president Matt Holt preview Saturday’s Final Four.
Las Vegas casino owner Derek Stevens posted a poll Sunday on Twitter asking if he should hedge his bet or let it roll, and as of Monday afternoon, more than 3,400 votes were evenly split.
When Kansas defeated Duke 85-81 in overtime Sunday as a 3½-point underdog, it capped a 16-4 ATS streak for ‘dogs — including 11 outright wins — in the past 20 NCAA Tournament games.
Opening and closing lines, results and point-spread highlights from both games Sunday in the NCAA Tournament.
No. 1 seed Kansas is a 3-point underdog to Duke on Sunday, but betting on the Jayhawks has been hazardous to our health — emotionally, physically and financially — as they’ve dealt their backers back-to-back bad beats.
Opening and closing lines, results and point-spread highlights from both games in the NCAA Tournament.
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