The Illinois Fighting Illini and the Akron Zips drew fans in a recent college football matchup. Many are sports gamblers looking for a win.
Those betting on the Illini prevailed getting a double whammy from their favorite team and some decent spending money.
Elsewhere, sportsbooks can be a tough territory with many lopsided games and frequent thrashings. Witness the ridiculous rout over the Zips at 42-3.
Nonetheless, some walked away with some major bucks. Allegedly, one Nevada gambler picked up $50,000. It’s all about the odds. It made for some exciting results and large payouts – and sportsbook losses.
You win some, you lose some
It was only Week One and there was more to come as several Southeastern Conference (SEC) game favorites met defeat at the hands of their opponents.
You win some, you lose some. And it can be your shirt. If you bet on teams expected to win, you could go home with an empty pocket.
For example: South Carolina (an 11-point favorite), Tennessee (two-point favorite), Missouri (17-point favorite) and Ole Miss (5.5-point favorite) all lost.
It didn’t bother sportsbooks and casinos like Caesars Resort. It may have taken a huge six-figure hit in the Illini-Zips game, but it raked it in in other action, reaching an all-time revenue high.