Sportsbooks Breathe Sigh of Relief as Butler Heads to NCAA Championship: VCU Out

Written by:
Dan Shapiro
Published on:
Apr/02/2011
VCU

The Vegas sportsbook Directors called it a “bomb waiting to explode”.  Had VCU beaten Butler and ended up somehow winning the 2011 NCAA Championship, the books would have taken quite a hit.

VCU ultimately lost in its semi-final game against Butler 70-62 but not before winning the Southwest Region and paying out 150/1 odds for some lucky gamblers.

The Hilton had offered Virginia Commonwealth University at 5000/1 odds of winning the 2011 NCAA Championship.  Someone bet those odds at the Las Vegas Hilton for a measly $10.  The payout would have been $50,000!!!

Hilton Sportsbook Director Jay Kornegay sweated it out perhaps more than the coaches and players themselves.

"They (VCU) probably would have been much higher like 400- or 500-1, if they weren't associated with the field" Kornegay said. "But because they were playing in the play-in game, we put them in the field. I mean we had them at 200-1 to win the region."

The Bulldogs still promise a pretty massive payout having opened with long odds to win the Championship. 

For Butler, this will be their second consecutive year making a Finals appearance.  They lost to Duke 61-59 last year.

- Dan Shapiro, Gambling911.com

 

Follow us on Twitter for all the latest breaking gambling news

Follow us on Facebook.  Become a fan here.

Basketball Odds News

Can I Bet on the NBA Finals Online From Toronto, Ontario?

Can I Bet on the NBA Finals Online From Toronto, Ontario?

There are a number of top online sportsbooks that are accessible from throughout Canada, including Toronto, Ontario.  One can place bets on their mobile phone or laptop on this year's NBA Finals using one of these websites.

Line on Game 1 Raptors-Warriors NBA Finals

What's the Line on the Raptors-Warriors Game 1 NBA Finals

The line on Game 1 of the 2019 NBA Finals Thursday May 30 between the Raptors and Warriors opened at Golden State Warriors -1.

Raptors Eliminate Bucks to Play in First Finals Ever

Raptors Eliminate Bucks to Play in First Finals Ever

The Raptors opened the season at 14-1 odds to win the 2019 NBA Championship, and they just got closer Saturday night with an elimination of the Milwaukee Bucks.

Where Can I Bet on Drake Being Thrown Out By Security Game 6?

Where Can I Bet on Drake Being Thrown Out By Security Game 6?

You can actually place bets on whether rapper and Raptors superfan Drake gets escorted out of the Eastern Conference Championship Game 6 Saturday night by security.

Find the Latest Bucks-Raptors Game 6 Betting Odds, Drake Prop Bets

Find the Latest Bucks-Raptors Game 6 Betting Odds, Drake Prop Bets

BetOnline has your odds on Game 6 between the Bucks and Raptors.  Which of these two teams advances to the NBA Finals?

Syndicate