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Saints Surprise Costs Bets

The US Super Bowl event earlier this month was a huge sensation throughout the US and the US facing online casino sports betting sites had a lot of work ramping up to the event with odds setting and monitoring the progress and bets in the final football games that led up to the Super Bowl. When the Indianapolis Colts were scheduled to play off for the title against the New Orleans Saints, a lot of punters raced to the betting sites to place major bets on the Colts, the sure favorites for the game. The Colts had been to the Super Bowl before and the Saints had struggled over the past several months of play with close calls to even get to the Super Bowl.

So when the odds at the online casinos favored the Colts, some major poker pros actually joined in on the excitement and placed enormous bets on the Colts winning the Super Bowl game. That didn’t happen – in fact, a lot of the predictions were wrong. Not only did the underdog take the game, but it was a low-scoring game despite predictions and the Saints were able strongly pull ahead right in the fourth quarter. As for the online casinos, the surprise win of the Saints didn’t cost the companies too much unexpected money losses to payout all of the surprised winners, but it’s the loser who are actually interesting.

Poker Pro Phil Ivey put up a cool $2 million in collaboration with Billy Walters. Unfortunately, the Saints winning the Super Bowl is likely a sore subject for both Walters and Ivey because they lost such a huge sum of money. Betting experts at all of the online casinos and land betting shops nearly unanimously placed the odds on the Colts for the win, only luck and skill though can be accounted for why the Saints were able to pull out such a coup of sorts.