The gambler hit the first two legs of a $100 three-team futures parlay on Argentina to win the World Cup and the Denver Nuggets to win the NBA’s Western Conference.
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Each entry for the winner-take-all contest costs $25, but $100 gets five entries. Bettors pick one game ATS each day of the NCAA Tournament, 10 days in all.
March Madness betting numbers expected to remain flat compared with 2019 levels.
Las Vegas-based MGM has entered a sports gaming sponsorship agreement with the NBA, league commissioner Adam Silver announced Tuesday.
Derek Stevens has gained priceless promotional value with his NCAA Tournament gambit. Before the tournament, the aggressively loyal Michigan grad bet $25,000 on the Wolverines to win the championship at 40-1 odds.
The American Gaming Association believes $10 billion will be bet on the NCAA “March Madness” basketball tournament that begins this week and only 3 percent of that will be wagered legally.
Over time, former NBA Commissioner David Stern has changed his outlook on gambling, describing that journey in a one-hour talk Thursday with American Gaming Association President and CEO Geoff Freeman just before the close of the four-day Global Gaming Expo at The Venetian.
Former National Basketball Association Commissioner David Stern, a supporter of legalized sports wagering, will address next month’s Global Gaming Expo in Las Vegas.