Knights exceeded ‘wildest expectations’ on ice, at sports books

Why didn’t I bet on the Golden Knights at 500-1 odds to win the Stanley Cup? Or at 300-1? Or at 100-1?

Because, truth be told, I wouldn’t have wagered on a first-year expansion team to hoist the Cup if I’d seen it myself in Biff Tannen’s Sports Almanac.

Like countless other bettors in Las Vegas, I was kicking myself during the Knights’ astonishing run to the Stanley Cup Final for not taking them at long odds to win it all.

But in the summer of 2017, when we’d hardly heard of any of the players besides Marc-Andre Fleury and James Neal, I could scarcely fathom the idea that a team could contend for the Cup in its inaugural season.

Revisionist history

Many critics contended during the playoffs that the NHL essentially rigged the expansion draft to ensure the Knights would thrive in their inaugural season. But that’s revisionist history at its finest.

There certainly wasn’t an outcry after the draft that Vegas had a loaded team. In fact, most prognosticators and oddsmakers predicted the Knights would finish with one of the league’s worst records, if not the worst. A Deadspin story on June 22 declared “This team is going to be bad, potentially historically so.”

Vegas’ regular-season point total opened at 69½ in June at the Westgate sports book and it was a 200-1 shot to win the Pacific Division.

A few days after June’s expansion draft and entry draft, the headline for a Review-Journal betting story stated “Golden Knights could contend for Stanley Cup within 5 years, oddsmakers say.” That seemed like a reasonable time frame.

While praising the job Vegas general manager George McPhee did in the drafts, Westgate sports book manager Ed Salmons said, “I’m pretty sure the Knights will have the lowest point total of any team in the league.” And Sunset Station sports book director Chuck Esposito added, “It’s unrealistic to think the playoffs will happen in the first couple of years.”

I thought a winning record would’ve been an impressive accomplishment, but not a likely one.

Inspiring opener

Nine days after the horrific Oct. 1 mass shooting on the Strip, I had tears in my eyes watching the Knights pay tribute to the 58 victims before their home opener against the Arizona Coyotes. I then had chills as Vegas exploded for four goals in the first 11 minutes en route to a 5-2 win.

William Hill sports book lost almost six figures on the game. That was par for the course for Las Vegas sports books all season. When the Knights won, the books lost, and vice versa.

The Knights and their backers were playing with house money all season and they cashed early and often, getting off to a flying 8-1 start. So-called sharp bettors kept waiting for them to falter, but it never happened. Vegas didn’t lose more than three straight games until dropping its final four to the Washington Capitals in the Stanley Cup Final.

Vegas’ handle tops NFL

It quickly became apparent that the Knights weren’t your typical expansion team. There was more money wagered on the Knights-Chicago Blackhawks game at T-Mobile Arena on a Tuesday night in October than was bet on the New York Jets-Miami Dolphins game the previous NFL Sunday.

“With each passing game, we started to see that this was going to be much bigger than our wildest expectations,” Esposito said.

Knights fever

In early December, following Vegas’ 17-9-1 start, William Hill sports book director Nick Bogdanovich quipped, “We get killed if they make the playoffs, and we close if they win the Stanley Cup.”

At the time, the Knights’ odds had shrunk to 28-1 to win the Cup but making the playoffs was still a 50-50 proposition. That changed over the holidays, when Vegas won 12 of 13 games to improve to 18-2-1 at home and 29-10-2 overall.

The Knights finished 51-24-7 and won their division, costing books six figures.

As many bettors began plotting ways to hedge their long-shot futures bets on Vegas and the state’s sports books continued to try to reduce their liability of up to $7 million on the Knights, we turned to handicapper Dana Lane to help us preview each playoff series.

Stay in your Lane

Lane (@DanaLaneSports) went 87-61-4 (58.8 percent) against the spread this season on his NHL Power Play picks in the Review-Journal.

But when he had the audacity to pick the San Jose Sharks over the Knights in the conference semifinals, all bets were off. I received a few expletive-filled emails from passionate fans and started to feel like DeNiro in “Casino” whenever I started my car.

When Lane, a veteran and married father of three girls, then picked Vegas to beat the Winnipeg Jets in the conference final, I knew what would happen. Sure enough, a couple readers complained that he was going to jinx them. You’ve got to love gamblers.

Knight riders

While those long-shot wagers on the Knights to win the Cup were rendered worthless by the Capitals, many bettors locked in a profit by hedging their wagers or selling them on PropSwap, a secondary market for active sports bets in Las Vegas.

Hermin Soriano and his wife, Charrize Dy-Soriano, sold their $300 wager on Vegas at 100-1 odds for $12,600. The Knights fans are using the money to pay for a trip to Paris this summer.

We lost our Stanley Cup Final series wager but the experience of following the Knights this season was priceless.

We teared up again the day after the season ended while watching, yes, the Budweiser ad that reminded us, “This was about more than raising a trophy. This was always about lifting a city.”

More betting: Follow all of our sports betting coverage online at reviewjournal.com/betting and @RJ_Sports on Twitter.

Contact reporter Todd Dewey at tdewey@reviewjournal.com. Follow @tdewey33 on Twitter.

ad-high_impact_4
Golden Knights Videos
Golden Edge: Eakin Scores Winning Goal During Final Road Trip Game
Golden Knights beat reporter David Schoen goes over the Knights final game of the road trip against the Philadelphia Flyers
Would the NFL be accepted abroad?
Review-Journal columnist Ed Graney takes to the streets of London, England, ahead of the Oakland Raiders facing the Seattle Seahawks to find out if the NFL is accepted, if the game is understood and what its fan base is like outside of the United States.
Golden Edge: Phil Kessel Has Hat Trick in Win Over Knights
The Pittsburgh Penguins defeat the Las Vegas Golden Knights 4-2. Ben Gotz and David Schoen report from Pittsburgh.
Golden Edge: Knights Lose First Stanley Cup Rematch
The Golden Knights lose 5-2 against the Washington Capitals and fall to 1-3 on the season. David Schoen and Ben Gotz report from Washington.
Golden Edge: Mailbag — October 9, 2018
Adam Hill is joined by Ben Gotz via skype from Washington, D.C. to answer questions submitted from Golden Knights fans.
Gallant on Washington Capitals rematch
Golden Knights Coach Gerard Gallant plays down the connection between Wednesday's game against the Washington Capitals and the Stanley Cup Final results last season.
VGS themed games from AGS at G2E Global Gaming Expo
A Golden Knights-themed slot machine was on display Tuesday at the G2E Global Gaming Expo as AGS showed two products that came out of a 3-year contract with the Knights. A video roulette game featuring a Knights helmet and an enormous slot machine were on the floor along with Knights cheerleaders, the Drumbots and Chance, the Knights' mascot. (Mat Luschek/Las Vegas Review-Journal)
Golden Edge: Knights Fall to Sabres 4-2
The Sabres defeat the Golden Knights 4-2 with 3 goals in the second period. Ben Gotz and David Schoen report from Buffalo.
Golden Edge: Knights Beat Wild In Shootout
Ben Gotz and David Schoen go over the Knights comeback win against the Minnesota Wild. The Knights won 2-1 in a shootout against the Minnesota Wild. (October 7, 2018)
Golden Edge: Knights Fall In Season Opener
Elaine Wilson, Adam Hill, Ben Gotz and David Schoen go over the Golden Knights 5-2 loss to the Philadelphia Flyers in their season opener. (Videographer: Heidi Fang, Edited By: Nathan Asselin)
Golden Knights React To Season Opener Loss
Golden Knights react to their 5-2 loss against the Philadelphia Flyers.
Gold Carpet Before Golden Knights Season Opener
John Katsilometes is on the gold carpet before the Golden Knights season opener.
Golden Knights talk after practice
Marc-Andre Fleury, Max Pacioretty and Cody Eakin in the locker room on Wed. October 3, 2018.
Golden Edge: Last Practice Before Season Opener
Adam Hill and David Schoen at City National Arena during the Golden Knights' morning skate and media day before the opener Thursday against the Philadelphia Flyers.
Media Day: Gerard Gallant and George McPhee Presser
Head coach Gerard Gallant and GM George McPhee talk about Alex Tuch, Cody Eakin, Nate Schmidt, and the start of season number two for the franchise.
Golden Edge: Mailbag — October 2, 2018
Ben Gotz and Adam Hill answer questions submitted from Golden Knights fans.
Vegas Golden Knights show support at blood drive
Members of the Vegas Golden Knights NHL team showed up for a community blood drive on the first anniversary of the Las Vegas shooting, Oct. 1, 2018. (Mat Luschek/Las Vegas Review-Journal)
Golden Edge: Knights Beat Kings 2-0
Adam Hill and David Schoen report from T-Mobile Arena after the Knights beat the Kings 2-0.
Golden Edge: Shea Theodore Returns to Practice
Adam Hill, Ben Gotz, and David Schoen are at the Golden Knight's practice where Shea Thedore is suited back up for the first time this season.
Golden Edge: Mailbag — September 25, 2018
Ben Gotz and Adam Hill answer questions submitted from Golden Knights fans.
Golden Edge: Knights Lose 5-3, but re-sign Shea Theodore
Bryan Salmond is in studio while Ben Gotz, Adam Hill and David Schoen report from T-Mobile Arena on the Knights preseason game vs. the Colorado Avalanche.
Golden Edge: Knights Lose 5-3 but Re-Sign Shea Theodore
Bryan Salmond is in studio and Ben Gotz, Adam Hill, and David Schoen report from T-Mobile arena on the Knights preseason game vs the Colorado Avalanche.
Golden Edge: Knights Rally To Win During Shootout
Golden Knights beat reporter David Schoen goes over the Golden Knights shootout win against the San Jose Sharks.
Golden Edge: Knights Win Third Preseason Game
Golden Edge host Bryan Salmond and Golden Knights beat reporter David Schoen go over the Knights 7-2 win over the L.A. Kings.
Nevada Task Force One Cheers Golden Knights
Nevada Task Force One Cheers Golden Knights
Golden Edge: Vegas Fans Show their Love at Fan Fest
Bryan Salmond is on the red carpet at the downtown Las Vegas Events Center as the 2018-2019 Golden Knights show up for Fan Fest.
Golden Edge: Knights Back From Colorado
Golden Knights reporters Adam Hill and Ben Gotz talk about Knights preseason training camp and how Max Pacioretty is fitting in with the Knights.
Golden Edge: Mailbag — September 17, 2018
Ben Gotz answers questions submitted from Golden Knights fans.
Golden Edge: Knights Win First Preseason Game
Golden Edge host Bryan Salmond, David Schoen, Ben Gotz and Adam hill recap the Golden Knights first preseason game win against the Arizona Coyotes.
Golden Edge: First Practice
Adam Hill and David Schoen discuss the first day of practice for the Golden Knights.
Golden Knights Presser Max Pacioretty
Max Pacioretty speaks about his first impressions coming to the Vegas Golden Knights.
Golden Edge: Mailbag
Ben Gotz answers questions submitted from Golden Knights' fans about recent roster changes.
Golden Edge: Golden Knights Rookies Faceoff Against The Sharks Good
Golden Edge host Bryan Salmond breaks down the 5-4 loss the Golden Knights rookies had against the San Jose Sharks.
Lucas Elvenes is ranked as one of the Golden Knights' top prospects
Lucas Elvenes is ranked as one of the Golden Knights' top prospects after a breakout season in Sweden. He slid to the fifth round in the 2017 draft after being projected to be selected much higher. “I wasn’t happy about being a fifth-rounder. But it was good for me, too, because I didn’t have so much pressure when I came here," Elvenes said. Elvenes posted five goals and 16 points in 28 games while playing in the top league in Sweden. The Knights signed Elvenes to a three-year, entry-level contract in June.
Golden Knights rookie camp - Day 2
The Golden Knights held their second day of rookie camp at City Arena in Las Vegas. Bizuayehu Tesfaye/Las Vegas Review-Journal @bizutesfaye
Golden Edge: Deryk Engelland Rides With Kurt Busch
Golden Edge host Bryan Salmond heads to city national arena and the Las Vegas Motor Speedway to see Kurt Busch attempt to learn how to play hockey, and Deryk Engelland hop in a race car.
William Karlsson and the Golden Knights are headed to arbitration
Of all the salary arbitration cases in the NHL this summer, none is more compelling than the one involving William Karlsson and the Golden Knights. Karlsson is seeking $6.5 million annually in arbitration. The Knights countered with an offer of $3.5 million annually. Karlsson's arbitration hearing is scheduled for Saturday in Toronto. During the hearing, the player and team present evidence. The arbitrator then has 48 hours to render a decision, and the team decides on a one- or two-year contract. Karlsson’s agent and the Knights can continue to negotiate a new contract prior to the hearing.
Sports Betting Spotlight Videos
Sports Betting Spotlight: College Football Week 7
Todd Dewey, Kelly Stewart and John Lukasik pick their best bets for week 7 of the college football season.
Sports Betting Spotlight: College Week 6
Todd Dewey, Kelly Stewart and John Lukasik pick their best bets for week 6 of the college football season.
Sports Betting Spotlight: NFL Week 5
Todd Dewey, Kelly Stewart and John Lukasik pick their best bets for week 5 of the NFL football season.
Sports Betting Spotlight: College Week 5
Todd Dewey and John Lukasik go over their picks for week five of college football.
Sports Betting Spotlight: NFL Week 4
Todd Dewey and John Lukasik go over their picks for week four of the NFL.
Sports Betting Spotlight: College Football Week 4
Todd Dewey, Kelly Stewart and The Cromwell sports book director, John Lukasik go over their picks for week four of college football.
Sports Betting Spotlight: NFL Week 3
Todd Dewey, Kelly Stewart and The Cromwell sports book director, John Lukasik go over their picks for week three of the NFL.
Sports Betting Spotlight: Canelo vs. GGG
Todd Dewey, Kelly Stewart and The Linq Hotel sports book director, John Lukasik go over the lines and their picks for Canelo vs. GGG 2.
Sports Betting Spotlight: College Football Week 3
Todd Dewey, Kelly Stewart and The Linq Hotel sports book director, John Lukasik go over their picks for week three of college football.
Sports Betting Spotlight: NFL Week 2
Todd Dewey, Kelly Stewart and The Linq Hotel sports book director, John Lukasik go over their picks for week two of the NFL.
Sports Betting Spotlight: NFL Week 1
Todd Dewey, Kelly Stewart and Matt Holt go over their picks for week one of the NFL.
Sports Betting Spotlight: College Week 2
Todd Dewey, Kelly Stewart and USIntegrity president Matt Holt goes over their picks for week two of college football.
Sports Betting Spotlight: New York Giants
Todd Dewey, Kelly Stewart and Sunset Station sports book director Chuck Esposito go over the lines for the 2018 New York Giants season.
Sports Betting Spotlight: New York Giants
Todd Dewey, Kelly Stewart and Sunset Station sports book director Chuck Esposito go over the lines for the 2018 New York Giants season.
Sports Betting Spotlight: Buffalo Bills
Todd Dewey, Kelly Stewart and Sunset Station sports book director Chuck Esposito go over the lines for the 2018 Buffalo Bills season.
Sports Betting Spotlight: New York Jets
Todd Dewey, Kelly Stewart and Sunset Station sports book director Chuck Esposito go over the lines for the 2018 New York Jets season.
Sports Betting Spotlight: Miami Dolphins
Todd Dewey, Kelly Stewart and Sunset Station sports book director Chuck Esposito go over the lines for the 2018 Miami Dolphins season.
Sports Betting Spotlight: Atlanta Falcons
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Atlanta Falcons will perform in the 2018 season.
Sports Betting Spotlight: Carolina Panthers
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Carolina Panthers will perform in the 2018 season.
Sports Betting Spotlight: New England Patriots
Todd Dewey, Kelly Stewart and Sunset Station sports book director Chuck Esposito go over the lines for the 2018 New England Patriots season.
Sports Betting Spotlight: Tampa Bay Buccaneers
Description: Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Tampa Bay Buccaneers will perform in the 2018 season.
Sports Betting Spotlight: New Orleans Saints
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the New Orleans Saints will perform in the 2018 season.
Sports Betting Spotlight: Houston Texans
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Houston Texans will perform in the 2018 season.
Sports Betting Spotlight: Tennessee Titans
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Titans will perform in the 2018 season.
Sports Betting Spotlight: Indianapolis Colts
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Indianapolis Colts will perform in the 2018 season.
Sports Betting Spotlight: Jacksonville Jaguars
Todd Dewey, Kelly Stewart and Wynn Sports Book Director Johnny Avello go over how the Jacksonville Jaguars will perform in the 2018 season.
Sports Betting Spotlight: Detroit Lions
Sports Betting Spotlight host Todd Dewey, Kelly Stewart and CG Analytics Oddsmaker Will Bernanke go over the odds for the Detroit Lions 2018 season.
Sports Betting Spotlight: Chicago Bears
Sports Betting Spotlight host Todd Dewey, Kelly Stewart and CG Analytics Oddsmaker Will Bernanke go over the odds for the Chicago Bears 2018 season.
Sports Betting Spotlight: Green Bay Packers
Sports Betting Spotlight host Todd Dewey, Kelly Stewart and CG Analytics Oddsmaker Will Bernanke go over the odds for the Green Bay Packers 2018 season.
Sports Betting Spotlight: Minnesota Vikings
Sports Betting Spotlight host Todd Dewey, Kelly Stewart and CG Analytics Oddsmaker Will Bernanke go over the odds for the Minnesota Vikings 2018 season.
Sports Betting Spotlight: Cleveland Browns
Sports Betting Spotlight host Todd Dewey, Kelly Stewart and CG Analytics Oddsmaker Will Bernanke go over the odds for the Cleveland Browns 2018 season.
TOP NEWS
News Headlines
Add Event
Home Front Page Footer Listing
Circular
You May Like

You May Like