Bettors Jump to Underdogs and Sportsbooks Suffer Big Losses

January 16, 2017

By David Purdum – ESPN Staff Writer

Forget Aaron Rodgers – the most impressive performance of the NFL playoffs belongs to the betting public, which jumped from favorites to underdogs at precisely the right time this weekend and squashed multiple Las Vegas sportsbooks in the process.

www.vegasproinsidersdaily.com		William Hill, which operates sportsbooks at 108 locations throughout the state, reported suffering the worst day in the company’s five-year history in Nevada. So much parlay liability had built up over the weekend, the book’s “seven-figure” fate was sealed before the underdog Pittsburgh Steelers beat the Kansas City Chiefs 18-16 Sunday night.

 

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