Significant Bets: Pro gamblers profit from prime opportunity on Oregon

• 

• David Purdum, ESPN Staff WriterSep 25, 2023, 10:15 AM ET Close Joined ESPN
• in 2014 Reporter covering gaming industry considering that 2008

The conversations amongst professional gamblers began early recently. They were targeting a big favorite.By Saturday,

smart people from around the nation were primed to pounce on a rare chance, and they had the betting public’s infatuation with Deion Sanders’ Colorado Buffaloes to thank for it.Oregon, a three-touchdown preferred over Colorado, was being provided at a significantly discounted price to win the game straight-up. Normally, the money-line chances on a 21-point college football favorite are around -1,200, indicating you ‘d need to run the risk of$ 1,200 to win $100. However on Saturday, some sportsbooks were so flooded with cash on the Buffaloes to spring the upset that bookmakers dropped the cost on Oregon to as low as -700 to draw in some cash on the Ducks. It worked.

“This was on the level of Mayweather-McGregor,” longtime expert bettor Bill Krackomberger told ESPN.In that fight, the wagering public loaded up on the underdog McGregor, who was making his boxing launching, against unbeaten Mayweather, triggering the odds to dip considerably leading up the fight. A similar circumstance played out Saturday on the Colorado-Oregon game.Craig Mucklow, vice president of trading for Caesars Sportsbook, said his shop took two$500,000 money-line bets on Oregon from a customer in Michigan and”a lot”of six-figure money-line bets on the Ducks.”We still had liability on Colorado, that’s for sure,”Mucklow said.John Murray, executive director of the SuperBook in Las Vegas, said the public”wouldn’t stop betting Colorado, “which triggered him to reduce the rate close to kickoff on Saturday. Some”really smart guys “pounced on the affordable cost on the Ducks.” We still did terrific on that game,”Murray added.In a social networks post Saturday afternoon, veteran Las Vegas

bettor Steve Fezzik wrote that the” worst wagerers in the world “were betting Colorado on the moneyline, making it an” remarkable excellent bet.””A strong bookie with job security would have written a zillion

+600 tickets [on Colorado],”Fezzik informed ESPN.”However they have to report to the fits above, a lot of bookies panicked and dropped the [moneyline] down to as low as -700 to get playback.” Krackomberger said he wager$39,500 on Oregon to win a net$5,000 on Friday night, and another$21,000 on the Ducks to win a net $3,000 on Saturday, before kickoff with two Las Vegas sportsbooks.” I just couldn’t withstand,”Krackomberger said.Oregon won 42-6. NFL notables 4 of the five most heavily bet groups at DraftKings– the Dolphins, Costs, Lions and Chiefs– easily covered the spreads in

blowout wins,

• but a handful of outright upsets sufficed to produce a winning Sunday for multiple sportsbooks.”It was a decent to good Sunday,”stated Adam Pullen, the assistant director of trading for Caesars Sportsbook.Pullen said the very best game for your home was the underdog Colts’overtime win over the Ravens, thanks mainly to a$220,000 bet on Baltimore, which was among the biggest reported

  NFL wagers of the weekend.Sunday was harsh for survivor contestants. The No. 1 selection today in Circa Sports’$9.2 million survivor contest was the Jacksonville Jaguars. More than 2,400 entries picked the Jaguars to beat the Houston Texans. The

• Texans won 37-17. The Ravens and Cowboys, who each lost, were likewise popular choices in the contest.The Dolphins covered the six-point spread by 44 points in their 70-20 rout of the winless Denver Broncos. It was the biggest cover margin since 2020, when the Patriots covered the spread out by 47 points in a 45-0 win over the Chargers.DraftKings reported taking a$600 bet throughout the game on Miami -45.5

  at +175 odds that won.The Dolphins opened as 2.5-point roadway underdogs to the Bills in the marquee game of Week 4. “That must give you a concept of how extremely we consider [Miami] right now, “Murray of the SuperBook informed ESPN.

  “They’re at the really top of the league, with San Francisco and Kansas City.” Editor’s Picks Sportsbooks may post a bad line from time to time, but they seldom miss a marketing chance. One of DraftKings’offerings this weekend was entitled”Red Zone Romantic”

and featured a four-leg same-game parlay including Chiefs tight end Travis Kelce, whose crush on pop star Taylor Swift has garnered media buzz. Swift went to the Chiefs game against the Bears. More than 11,300 individuals placed the”Red Zone Romantic”parlay, according to DraftKings. ‘DAILY WAGER’on ESPN2″Daily Wager “go back to ESPN head office to offer sports betting news and details Thursdays-Mondays (6-7 p.m. ET, ESPN2 ), also with the addition of a weekly Saturday early morning show at 11 a.m. ET, to serve the millions of sports fans who take part in sports betting and aid educate basic sports fans with thorough analysis. Watch!”Week 4 opening lines [via Caesars Sportsbook] Detroit Lions at Green Bay Packers(choice ’em, 46)(Thursday)Atlanta Falcons at Jacksonville Jaguars (-3, 45.5)Miami Dolphins at Buffalo Bills( -2.5, 50.5)Minnesota Vikings( -2.5, 44)at Carolina Panthers Denver Broncos(-1.5, 44.5)at Chicago Bears Baltimore Ravens(-2.5, 44.5)at Cleveland Browns Pittsburgh Steelers (-4, 41)at Houston Texans Los Angeles Rams at Indianapolis Colts (pick ’em, 44.5)Tampa Bay Buccaneers at New Orleans Saints (-3.5, 42)Washington Commanders at Philadelphia Eagles(-7.5, 44.5)Cincinnati Bengals at Tennessee

• Titans( choice ’em, 42.5) Las Vegas Raiders at Los Angeles Chargers(

• -5, 49.5 )New England Patriots at Dallas Cowboys(-7.5, 43

• )Arizona Cardinals at San Francisco 49ers( -15.5

• , 42)Kansas City Chiefs(-8.5, 44.5) at New York City Jets Seattle Seahawks(-1.5, 44.5) at New York Giants (Monday) College football notables Trailing Notre Dame 14-10 with 1:26 to play, Ohio State began a drive at

• its own 35-yard line. At that point, the Buckeyes were +135 to score a

  goal on the drive, according to odds-provider SimpleBet

• . The drive ending in a turnover was a -180 favorite. The odds of Ohio State scoring a go-ahead touchdown on the drive got as long as +270,

• when the Buckeyes were dealing with a third-and-19 with 15 seconds staying. They ‘d score on the last play of the game to pull out a 14-10 win.Will the

• betting public’s love affair with Coach Prime and Colorado end

• after the blowout loss to Oregon? The Buffaloes opened as 21-point home

• underdogs to USC at Circa Sports. The line rapidly grew

• to USC -24.”Some people will be put off by [

. Colorado’s] efficiency and say it’s over,” Pullen of Caesars Sportsbook said.”You would believe there’s going to be a drop-off.” College football Week 4 noteworthy opening lines(by means of Circa Sports )