The Baltimore Orioles could cost an offshore betting site six figures if they win the AL East
Looks like more than just Yankee nation is rooting for the Baltimore Orioles to have some sort of collapse down the stretch. Add offshore online sportsbook Bovada.lv to the list hoping the Yanks take down the division. The longshot Orioles have a decent chance of winning the AL East division, being only one-game back of the heavily favored Yanks with only 11 games left.
Via The Baltimore Sun:
If the Orioles manage to win the American League East, they could cost one sports betting website hundreds of thousands of dollars.
When offshore online sportsbook Bovada.lv released it’s the season-opening odds in late March, the Orioles were 100-to-1 longshots to win the division.
If someone placed a modest $20 bet for the Orioles to win the division on Opening Day, they could be looking at a cool $2,000.
Kevin Bradley, the sportsbook manager at Bovada.lv had this to say:
“There are some bettors who have them locked in at 150-to-1 or 100-to-1 for the World Series, but not enough that it would be a big loss for the book,” Bradley said. “However, the O’s opened at 100-to-1 to win the AL East and that is a six-figure loss for us.”
“Baltimore opened the season at 150-to-1 [to win the World Series] but after playing as well as they did found themselves hovering around 30- to 40-to-1 midway through the season,” Bradley said. “They did start slumping and crept back up to 100-to-1, but now have a legitimate shot to make the playoffs, in what I would say would be one of biggest pre-season long shots to make the playoffs that I can remember.”