Casinos Lose $100M on Ohio St. Cover?
So much for the house always winning when it comes to gambling.
Ohio State pulled off a bizarre, final-play cover against Northwestern on Saturday, recovering a fumble in the end zone with no time left to provide the final 40-30 score. Had it remained at 34-30 (as it was before the play), the Wildcats would have beaten the 7-point spread the Buckeyes were favored by.
80% of the money bet on the game in Las Vegas was reportedly on Ohio State. As a result of most bettors placing wagers on OSU, that final-play cover cost worldwide bookmakers an estimated $100 million, according to insider RJ Bell.
— Bruce Feldman (@BFeldmanCBS) October 7, 2013
In Vegas, there’s no such thing as a meaningless score.