The Golden Knights have taken over Las Vegas. The entire city has embraced their improbable expansion season run at a Stanley Cup.
Except for the sportsbooks.
A Golden Knights win is VERY bad for business
Whether or not a Golden Knights Stanley Cup win would rank among the greatest longshot wagers in sports betting history remains to be seen, but local bookmakers are not among those rooting for a title run.
According to the LA Times, preseason Golden Knights title odds were as high as 500/1 at some casinos. As the season went on, the odds kept lowering as bets (and wins) kept piling up like William Karlsson goals.
Now, the Golden Knights sit between 6/1 and 9/1, the among the best overall odds to win the Cup.
— PropSwap (@PropSwap) April 11, 2018
How bad of a loss would it really be though?
If there’s a silver lining for the casinos, it’s that people don’t bet the NHL like it’s the NFL or even NBA.
A Golden Knights win would be like a bad NFL weekend for the books. It’ll hurt, but not “slapshot-to-the-face” bad.