According to BetMGM’s John Ewing, more than $700,000 was claimed in select spread bets from yesterday’s playoff matchups.
According to BetMGM’s John Ewing, more than $700,000 was claimed in select spread bets from yesterday’s playoff matchups. While the NBA Playoffs might be unpredictable to the masses, BetMGM bettors are wallowing in money following several six-figure wins on Thursday.
According to BetMGM’s John Ewing, more than $700,000 was claimed in select spread bets from yesterday’s playoff matchups. BetMGM reported a series of nine ascending spread bets, all worth at least $20,000, on Thursday. The Thunder have a 62% implied chance to win the championship.
At least one bettor put their money where their mouth was, supporting the Detroit Pistons in Game 2 of their ongoing series with the Cleveland Cavaliers, and the defending-champion Oklahoma City Thunder against the Los Angeles Lakers. The first in the series of bets was headlined by a $100,000 wager on the Pistons to cover a 4.5-point spread at +110 odds. The full breakdown is shown below.
The user’s confidence paid off as the Pistons stormed ahead to a 2-0 series lead. Cade Cunnignham dropped 25 points and 10 rebounds in the winning effort, while Donovan Mitchell’s 31 points and six rebounds weren’t enough to overcome a 10-point disaster by James Harden. The $225,000 in total spread bets that were submitted resulted in a $419,641.58 payout, or $194,641.58 in profit.
A little over two hours after the Pistons wagers were reported, Ewing shared that another $190,000 in Thunder tickets had been accepted. Once again, the bold bettor was on the money. The Thunder logged their second straight 18-point victory over the Lakers as three OKC members scored at least 20 points. Austin Reaves had 31 points in a losing effort scarred by controversial refereeing decisions.
PrizePicks, who is a OFFICIAL PARTNER OF THE NBA is calling out the refs for helping the Oklahoma City Thunder Altogether, BetMGM paid $711,501.68 total and $296,501.68 in profit to the holder of the tickets. It is unclear if the bets were placed by the same or different individuals.at home. With both now up 2-0, they are unsurprisingly huge favorites to close out their series and advance to the Conference Finals.
The Thunder were the largest second-round favorites in the playoff bracket. They are now -10000 in odds to advance, while the Lakers are +1800 . The Pistons are a much longer -450, comparatively speaking, although they still have a 81.8% chance to advance. The Cavaliers are +340 .
Elsewhere around the league, the San Antonio Spurs are -4.5 favorites entering Game 3 against the Minnesota Timberwolves with their series tied, 1-1. They’re also -325 to win the series despite dropping Game 1 as a 10.5-point favorite at home. The Timberwolves are +250 to win the series. The Knicks, the second-largest favorite of the second round with -1200 series odds , are 1.5-point underdogs in a road Game 3 on Friday night.
Joel Embiid, who played in Game 1 but missed Game 2, is questionable.at -165 . The Spurs , Knicks , and Pistons are the only teams with odds shorter than +5000. While the Thunder are the clear-cut favorites, they still face a tall task getting out of the Western Conference. They are 6-0 against the Lakers across the regular and postseason, but they were only 2-2 against the Timberwolves and 1-4 against the Spurs.
Grant jumped into the sports betting industry as soon as he graduated from Virginia Tech in 2021. His fingerprints can be found all over the sports betting ecosystem, including his constant delivery of breaking industry news. He also specializes in finding the best bets for a variety of sports thanks to his analytical approach to sports and sports betting.
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