BetMGM will lose mid six figures if the Raiders, 18-1 long shots, win their first division title since 2002. The Kansas City Chiefs are -275 to win the AFC West.
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Circa Sports had 2,232 entries Monday in the Circa Million III and 1,883 entries in Circa Survivor. Registration ends at 2 p.m. Sept. 11 for each contest.
Professional sports bettor Cris Zeniuk claimed second and fifth place in the Circa Million II contest (3,148 entries) last season for $244,444 in prize money.
The downtown sportsbook is putting up an unprecedented $10 million in guaranteed prize money for its two $1,000-entry NFL handicapping contests.
Raiders coach Jon Gruden has been one of the most profitable coaches for NFL preseason bettors since 2005, going 19-8-2 against the spread.
The NFL determines strength of schedule by opponents’ winning percentage from last season. For a better barometer, we combined opponents’ 2021 season win totals at Las Vegas sportsbooks.
Pro bettor Jeff Whitelaw has four plays for Saturday, including the Raiders, who are 2½-point favorites against Seattle at Allegiant Stadium.
The bettor placed two wagers in New Jersey totaling $38,200 to win $1.3 million that the Bucs will go 17-0 ($10,000 at 50-1 and $28,200 at 30-1).
Pro bettors account for most of the exhibition action, which explains why the preseason limits at sportsbooks are one-tenth of what they are during the regular season.
Quarterbacks are one of the biggest keys to cashing tickets in the NFL preseason. In general, it’s wise to back teams with quarterback competitions.