The futures bet is the approachable entry point to sports gambling. It’s the roulette. The Red Sox, at press…
The futures bet is the approachable entry point to sports gambling. It’s the roulette. The Red Sox, at press time, are 9-to-1 to win the 2019 World Series. Put down $100, and if they win, you get $900. No pointspreads, no confusion.
It’s the sort of thing that, if you have a friend going to Las Vegas, you throw them $20 and tell them to make the bet for you. It was an annual tradition for Chicago Cubs fans to throw down a few bucks on their team winning the World Series, in the hopes that would be the year. When it finally was in 2017, at least one sportsbook found more than 30 percent of tickets were kept as souvenirs instead of cashed.
That won’t be the case at William Hill, the multi-national book that took an $85,000 bet on Tiger Woods to win the Masters on Wednesday in Nevada.
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USA — mix Tiger Woods made $2.07 million for winning the Masters. A bettor made...