Home Betting News Kansas City Chiefs win makes ‘a very dark Sunday’ for many bookmakers

Kansas City Chiefs win makes ‘a very dark Sunday’ for many bookmakers

Without data, sometimes it’s difficult to gauge what team the public likes in a given NFL matchup.

When it came to Chiefs-Chargers yesterday afternoon, you, your spouse, your kids, your mailman and your dog knew exactly what side was being bet the most.

Kansas City took a staggering amount of action in Las Vegas – and abroad – on Sunday, with one sportsbook manager calling it, “one of the most lopsided bets I’ve ever seen.”

William Hill, BetAmerica, MGM, FanDuel and Draft Kings – among many other, took over 90% of action on the Chiefs, who closed between 8.5 – 9-point favorites.

“You have a lot of money on the spread, but you’re also talking about a ton of liability on the moneyline, and that’s where the parlays come into play,” said retired bookmaker Jan Redrenew. “Everybody in this industry saw that field goal go through the uprights and collectively sighed. That cost every [sportsbook] millions. A very dark Sunday, you might say.”

That field goal was the game-winning, 58-yarder from the foot of Harrison Butker in overtime, lifting Kansas City to a 23-20 win.

According to a quote from Nick Bogdanovich, director of trading for William Hill U.S. sportsbooks in an ESPN.com story written by David Purdum, the field goal caused a swing of “seven several figures,” with the popular London-based bookmaker.

Draft Kings reported taking nearly 14 times the bets on Kansas City as they did Los Angeles, and had a losing day of over $4 million, mostly due to the game.

Monday night usually serves as the final chance for the public to get even on the books, but instead a twisted role-reversal will take place in the desert that gave American sports betting its pulse, as the Las Vegas Raiders host the New Orleans Saints (-4.5) in the Raiders’ inaugural game at its new home at Allegiant Stadium.

According to Action Network, the Saints are taking 63% of the public action currently, with Draft Kings and FanDuel reporting over 70% of early action coming in on Drew Brees and company.

If New Orleans covers the 4.5-point spread, it could mean a Week Two loss of over $10 million to multiple sportsbooks.

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