Derek Stevens, who owns the D Las Vegas and the Golden Gate, lost his $25,000 futures bet to win $1 million on the Wolverines but he won $100,000 on a $330,000 hedge bet he placed on the Wildcats on the money line Monday afternoon.
Todd Dewey
Reporter: Sports betting
Email: tdewey@reviewjournal.com
Phone: (702) 383-0354
X: @tdewey33
Todd Dewey covers sports betting for the Review-Journal. Prior to taking over that beat in January 2017, he covered UNLV football, 51s baseball and a wide range of other events that come to Las Vegas. A native of Cambridge, Mass., and a graduate of the University of Central Florida, Dewey joined the Review-Journal in 1999 and was the 2013 Nevada Sportswriter of the Year.
The Westgate listed odds on 190 of the 353 Division I college basketball teams.
Las Vegas casino owner Derek Stevens is guaranteed to end up a winner in the NCAA Tournament after placing a $330,000 money-line wager to win $100,000 on Villanova over Michigan at the William Hill sports book.
Villanova is a 6½-point favorite over Michigan and the total is 145½ in Monday’s NCAA championship game. Here’s a survey of opinions from Review-Journal staff members, other media, oddsmakers and professional handicappers.
Villanova has won 10 straight games and is 8-2 ATS during the streak. The Wildcats have rolled through the NCAA Tournament, going 5-0 straight-up and ATS while winning each game by an average of 18 points.
Bruce Marshall’s daughter went to Loyola-Chicago, but the handicapper’s wife won’t be rooting for the Ramblers and Sister Jean — America’s favorite 98-year-old nun — in Saturday’s NCAA semifinals.
On an alternate point spread, Loyola-Chicago is a 3½-point favorite, at plus 290, over Michigan in Saturday’s national semifinal.
Handicapper Bruce Marshall went 12-5 ATS and hit both of his best bets to edge handicapper Kelly Stewart (12-5 ATS) by one point in the Review-Journal Madness Challenge.
Review-Journal sports betting columnist Todd Dewey, handicapper Kelly Stewart and CG Technology sports book vice president Matt Holt preview Saturday’s Final Four.
Nevada sports books won $10.69 million in February, when they posted a $1.17 million profit on the Super Bowl but lost $2.57 million on football overall.
The Westgate sports book opened Giancarlo Stanton’s total at 39½, and it had soared to 43½ as of Tuesday — two days before all 30 Major League Baseball teams take the field Thursday for Opening Day.
The Review-Journal’s Todd Dewey competes with handicappers Dave Cokin and Micah Roberts, professional sports bettor Frank Carulli and Westgate sports book manager Randy Blum in a contest based on selecting over-under on regular-season win totals for Major League Baseball teams.
New York Yankees slugger Giancarlo Stanton is the 3-1 favorite to lead the majors in home runs this season.
Las Vegas casino owner Derek Stevens posted a poll Sunday on Twitter asking if he should hedge his bet or let it roll, and as of Monday afternoon, more than 3,400 votes were evenly split.
When Kansas defeated Duke 85-81 in overtime Sunday as a 3½-point underdog, it capped a 16-4 ATS streak for ‘dogs — including 11 outright wins — in the past 20 NCAA Tournament games.