Gambling recap – Arizona Cardinals win over Green Bay Packers hurts bettors on a rough weekend

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Notable bets is a regular Monday roundup of wagers — some sharper than others — made recently at sportsbooks across the nation.

In 1967, Vince Lombardi and the eventual Super Bowl champion Green Bay Packers were massive 20-point favorites over the Minnesota Vikings — and lost 10-7 in the iconic franchise’s worst upset loss ever.

Flash-forward to Dec. 2, 2018: On an NFL Sunday full of heavy chalk, the Packers were 13.5-point favorites versus a two-win Arizona Cardinals team.

With Aaron Rodgers under center, Green Bay was 14-0 straight-up when favored by 11 or more points. So it’s not hard to see why some modern-day Packers backers were convinced that the franchise’s second-worst upset loss ever wasn’t about to transpire Sunday — not against the lowly Cardinals, certainly not at vaunted Lambeau Field and definitely not as such gaudy favorites.

For example, take the patron at Caesars book in Las Vegas who placed a mid-five-figure money-line bet on the Packers to beat the Cardinals at -900 odds for a chance at around a $6,000 profit. In New Jersey, a bettor at a William Hill sportsbook risked $8,000 on the Packers at -800 odds for a chance at a $1,000 net win. And back in Nevada, William Hill took $7,200 money-line bet on Green Bay at -900 odds. That bet would have won a net $800.

Those chunks of change remain with the house, after Green Bay kicker Mason Crosby missed a 49-yard field goal that would have forced overtime as time expired in a 20-17 loss to Arizona.

The biggest money-line bet William Hill took on the Cardinals, by the way, was $130 at +600, a net win of $780. It was a good Sunday for the books.

Those were a few of the pain points for bettors on a rough first weekend of December that featured the largest reported NFL wagers of the season and a heavyweight fight that drew more betting interest than any of the college football championship games.

Here are the notable bets:


NFL

• On Saturday, an MGM sportsbook in Las Vegas took a $330,000 bet on the Atlanta Falcons -2.5 against the Baltimore Ravens. At that point, it was the largest single bet MGM had taken on an NFL game this season — and it was a loser.

• The Ravens, who opened as high as 3-point favorites, closed as 2.5-point underdogs after money from respected players poured in on Atlanta early in the week. Baltimore won 26-16.

• Sportsbook operator CG Technology said it took multiple limit bets early in the week on the Falcons +1.5 and pick ’em. By last Wednesday, Atlanta had become the favorite at most sportsbooks, but bettors didn’t shy away. “Everyone just kept following the move, betting the Falcons,” vice president of risk Jason Simbal said.

• “Without looking back, I’m guessing [Ravens covering] was probably our best game of the year,” MGM race and sports director Jeff Stoneback said.



Source : ESPN