William Hill Heavily Exposed With High Paying Loyola-Chicago Bets

Written by:
C Costigan
Published on:
Mar/26/2018

William Hill, the British bookmaking business that operates a number of Las Vegas-based sportsbooks, says it took a handful of small bets on Loyola-Chicago to win the 2018 NCAA Men's College Basketball Championship with the potential to yield massive jackpots.

Bets would pay out $45,000 at William Hill specifically should the Ramblers prevail in the tournament final.

From Forbes.com:

William Hill US, which operates 108 sports books in Nevada, took 32 pre-tournament bets on Loyola to win it all, at 300-1 odds. The biggest bet was $150, which would potentially net $45,000 should the Ramblers beat Michigan in Saturday’s Final Four and the Villanova-Kansas winner in Monday’s final. The second-biggest pre-tournament Ramblers bet of $100 could net the winner $30,000.

Loyola Chicago is listed at 8/1 odds of winning the Championship currently.  Entering the tournament, the payout would have been in excess of $250,000 for every $100 bet to do so.  William Hill is getting off quite easy should they go on to win.

- Don Shapiro, Gambling911.com

Gambling News

Sugarhouse Sportsbook Shifts From Golden Nugget to Monmouth Park in NJ

The newly opened Sugarhouse Sportsbook has found a brand new home after only a few weeks in business according to Legal Sports Report.

Kidnapped 5Dimes Owner Vehicle Found Intentionally Crashed by Perpetrators

Kidnapped 5Dimes Owner Vehicle Found Intentionally Crashed by Perps

Diaro Extra has what it says is a photo of the vehicle driven by 5Dimes owner Sean "Tony" Creighton intentionally crashed into a gate.  Creighton was reported kidnapped on September 25.

Status of 5Dimes Uncertain in Wake of Owner's Disappearance

Status of 5Dimes Uncertain in Wake of Owner's Disappearance

Following word that the owner of San Jose, Costa Rica-based 5Dimes Sportsbook was reportedly kidnapped three weeks ago, those with money at the book have been scrambling to find out more details. 

5Dimes Owner Kidnapped

A source close to Gambling911.com advised that the family paid a $750K ransom via Bitcoin and have yet to hear back.

Sports Betting Officially Begins in New Mexico

Sports Betting Officially Begins in New Mexico

Sports betting in New Mexico officially kicked off Tuesday October 16 at the Santa Ana Star Casino outside of Albuquerque and business was brisk.

Syndicate