If you bet on Michigan in their NCAA tournament game today against Oklahoma State you probably have a bitter taste in your mouth right about now.
With 1.7 seconds in the game, OK St’s Jawun Evans hit this meaningless 3-pointer in garbage time to cover the 2.5 point spread.
OK St was a 2 to 2.5 point underdog to Michigan and just hit a meaningless 3 at the buzzer to lose by 1. Would love to be in Vegas right now
— Ben Volin (@BenVolin) March 17, 2017
Nearly 70 percent of bettors put their money on Michigan at -2.5 which means Vegas made a shitload of money on that shot.
68% of the money at the William Hill sportsbooks in Nevada had Michigan covering by 2.5. They all lost on the final "meaningless" 3.
— Darren Rovell (@darrenrovell) March 17, 2017
Trust me that 3-pointer was anything but meaningless and was a six figure swing at our books alone
— Matthew Holt (@MatthewHoltUSI) March 17, 2017
200k swing for us
— Matthew Holt (@MatthewHoltUSI) March 17, 2017
Good for the sports book. Michigan was one of the biggest public plays of the 1st round
— Matthew Holt (@MatthewHoltUSI) March 17, 2017