Cavs Pay Off Big, But It Was All About Timing
The fine folks at Covers.com offered up some history on the varying prices for Cleveland to win the 2016 NBA Championship depending on when the future bet was placed. Gamblers backing the Cavs would have made out well with wagers placed during the Finals as opposed to beforehand.
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June 29 9/4
Start of playoffs 13/5
Start of Finals +185
After Gm 2 +655
After Gm 4 +1126
Yes, After Game 4 would have paid the most with a $100 bet: $1126.
Our friends at Bookmaker told Covers just prior to the game that: "Action on home squad has pushed number back to opener, but I doubt we'll budge from that again."
From The Mirage Las Vegas’ Jeff Stoneback: "As far as people coming to betting window, it's split 50-50. There's just more $ on Warriors."
- Tyrone Black, Gambling911.com
