Nobody’s perfect as Packers, bettors lose
December 19, 2011 - 2:00 am
Just when it seemed there would be no stopping Aaron Rodgers from leading the Green Bay Packers to perfection, the many bettors who banked on it took a surprise beating.
After Week 5, the Las Vegas Hilton posted the proposition: Will the Packers finish the regular season 16-0? The “No” side of the answer opened at minus-1,000 and the “Yes” was plus-700.
Hilton sports book director Jay Kornegay said there was “lopsided action” from the betting public on the “Yes” side, which was adjusted to minus-225 before Week 15.
The Packers’ pursuit of 16-0 was stopped cold at 13-0 when they were upset 19-14 by the Kansas City Chiefs on Sunday. Despite all the public support for Green Bay, Kornegay said the prop was not a major decision because of sharp action on the other side.
“There were a lot more tickets on the ‘Yes,’ but the bigger bets were on the ‘No,’ ” Kornegay said.
It was another Sunday full of surprises in the NFL, with the Packers finally losing and the Indianapolis Colts winning for the first time this season, 27-13 over Tennessee.
“That’s the parlay no one thought would hit,” MGM Resorts sports book director Jay Rood said.
The New England-Denver game, Rood said, was “one of the top two or three games of the season” in terms of wagering handle.
Tom Brady led the Patriots, who closed as 7-point favorites, to a 41-23 victory over Tim Tebow and the Broncos.
“It was good action both ways,” Rood said. “From a public standpoint, it was all Patriots money.”
Contact reporter Matt Youmans at myoumans@reviewjournal.com or 702-387-2907.