Las Vegas sports books stood to lose $5 million to $7 million on the Knights had they hoisted the Stanley Cup, but avoiding a record loss didn’t translate into big wins for the books.
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Bettors are backing Vegas as favorites over the Washington Capitals in Game 5 of the Stanley Cup Final ranging from minus 150 to minus 160 at Las Vegas sports books.
A Wynn Las Vegas bettor won $150,000 on a $500 futures bet placed on Justify at 300-1 odds in February to win Saturday’s Kentucky Derby.
If the Knights can keep their magical run going and reach the postseason, they would deliver a cross-check to bookmakers.