Nevada sports books can now take bets on NBA draft, Finals MVP

Updated May 24, 2017 - 8:54 pm

Add the NBA Finals MVP Award and the NBA draft to the growing list of off-field events bettors can wager on at Nevada sports books.

The Nevada Gaming Control Board granted approval Wednesday to offer prop bets on the NBA draft, which will be June 22, and on the winner of the NBA Finals MVP.

William Hill, which operates 109 sports books in Nevada, petitioned the board for approval to take wagers on both events and quickly became the first book to offer betting on the Finals MVP.

Warriors forward Kevin Durant opened as the 7-5 favorite, Golden State guard Steph Curry was the 8-5 second choice and Cavaliers forward LeBron James, a three-time Finals MVP, was the 2-1 third choice.

They were followed by Draymond Green (17-2), Kyrie Irving (10-1), Kevin Love (15-1) and Klay Thompson (25-1).

“With so many marquee players on each side, this is a fantastic Finals to start offering it,” William Hill sports book director Nick Bogdanovich said. “There are seven viable contenders, which is rare in a Finals. Golden State has its Big Four and Cleveland has its Big Three. And (Andre) Iguodala won it one year, which shows you what can happen.”

Iguodala, the 2015 Finals MVP, is 300-1.

William Hill hopes to post its NBA draft props next week, marketing director Michael Grodsky said.

Similar to the inaugural NFL draft props offered in April, books can take bets on the number of players drafted from a particular college in the first round or the entire two-round draft; which college or conference will have the most players drafted in the first round or entire draft; and matchups on which college or conference will have more players drafted in the first round or the entire draft.

Wagering on the NBA draft must cease June 21. Wagering on the Finals MVP must cease at tipoff of Game 1 on June 1.

Other events the state’s sports books have received approval for in recent years include the Heisman Trophy, baseball’s MVP and Cy Young Awards and, most recently, the Super Bowl MVP and the Conn Smythe Trophy, awarded to the NHL’s playoff MVP.

“People underestimated what Super Bowl MVP wagering would be, and that was great, and the NFL draft wagering went really well,” Grodsky said. “It’s great that we can grow the wagering menu.”

Contact reporter Todd Dewey at tdewey@reviewjournal.com or 702-266-6080. Follow @tdewey33 on Twitter.

ad-high_impact_4
Sports Betting Spotlight Videos
Sports Betting Spotlight: Final Four
Todd Dewey, Kelly Stewart, and Matt Holt go over their picks for the NCAA final four.
Sports Betting Spotlight: NCAA Sweet 16
Todd Dewey, Matt Holt and Kelly Stewart go over their picks for the NCAA March madness sweet 16.
Sports Betting Spotlight: NCAA Midwest Bracket
Todd Dewey, Kelly Stewart and CG Technology Sports Book Vice President Matt Holt go over their picks for the NCAA midwest bracket.
Sports Betting Spotlight: NCAA South Bracket
Todd Dewey, Kelly Stewart and CG Technology Sports Book Vice President Matt Holt go over their picks for the NCAA South bracket.
Sports Betting Spotlight: NCAA East Bracket
Todd Dewey, Kelly Stewart and CG Technology Sports Book Vice President Matt Holt go over their picks for the NCAA east bracket.
Sports Betting Spotlight: NCAA West Bracket
Todd Dewey, Kelly Stewart and CG Technology Sports Book Vice President Matt Holt go over their picks for the NCAA west bracket.
Sports Betting Spotlight: College Basketball Week 15
Review-Journal reporter Todd Dewey, Kelly Stewart and Westgate Sports Book Director John Murray.
Sports Betting Spotlight: College Basketball Week 14
Adam Hill and Kelly Stewart discuss betting strategies for college basketball.
Sports Betting Spotlight: Super Bowl prop futures
Review-Journal sports betting columnist Todd Dewey, handicapper Bernie Fratto and CG Technology sports book vice president Matt Holt preview Super Bowl LII prop futures.
Sports Betting Spotlight: Super Bowl LII prop bets
Review-Journal sports betting columnist Todd Dewey, handicapper Bernie Fratto and CG Technology sports book vice president Matt Holt preview Super Bowl LII prop bets.
Sports Betting Spotlight: Super Bowl LII picks
Review-Journal sports betting columnist Todd Dewey, handicapper Bernie Fratto and CG Technology sports book vice president Matt Holt preview Super Bowl LII.
TOP NEWS
News Headlines
Events
Home Front Page Footer Listing
Circular
You May Like

You May Like