DraftKings Bettor Places Big Bets Ahead of March Madness
Last Updated: March 17, 2022 6:57 AM EDT • 2 minute read X Social Google News Link
A DraftKings Sportsbook bettor has an exciting collection of bets on the 2022 Men's Basketball National Championship Tournament with outright wagers on the Kansas Jayhawks, Arizona Wildcats, Duke Blue Devils, Tennessee Volunteers, and UCLA Bruins.
https://twitter.com/darrenrovell/status/1504269261128310792
The collection of bets has clearly been wagered over time, as the noted payouts don't align with the current odds for each team at DraftKings.
DraftKings Sportsbook Payouts at Current Odds:
Arizona (+550): $30K to payout $195K
Kansas (+850): $50K to payout $$475K
Tennessee (+1600): $30K to payout $510K
Duke (+1600): $30K to payout $510K
UCLA (+1800): $25K to payout $475K
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There's some capital already built into the bettor's futures investments, and it's also worth noting only Arizona and Tennessee are in the same region, so there is potential for four of the five teams to reach the Final Four.
Wouldn't that be exhilarating?
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Additionally, because these bets were placed in advance of the tournament, there's still hedge potential to turn out a profit.
Furthermore, future hedge wagers don't have to be as significant, with these five teams likely to be favorites in most of their games over the coming weeks.
Two notable omissions from the bettor's current portfolio are the No. 1 seeds of the West and East Regions.
The Gonzaga Bulldogs (+300) currently have the shortest odds of any team to win the National Championship, and the Baylor Bears (+1200) are the defending champions.
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The Kentucky Wildcats (+850) and Villanova Wildcats (+1600) are two other teams projected to go deep into the tournament and boast championship potential.
Hopefully, there are plenty of updates on whether this DraftKings bettor opts to add any more teams to his betting portfolio.
Make sure to keep an eye on our Live Odds page throughout the week to get the best lines possible and connect with others in the SBR community on our popular sports betting forum.
Neil Parker X social