\nMason Levinson, Bloomberg<\/p>\n
\tNick Bogdanovich could use some antacid.<\/p>\n
\tBogdanovich, the director of trading at sports book operator William Hill U.S., in July posted 50-1 odds the University of Kentucky would have a perfect season. As the Wildcats reached the men\u2019s college basketball Final Four \u2014 sneaking by Notre Dame 68-66 on Saturday \u2014 his employer remains saddled with what could become a high six-figure loss.<\/p>\n
\tThe regional finals continued Sunday and Bogdanovich spent part of Michigan State\u2019s 76-70 overtime win against Louisville eating lunch in a Del Taco restaurant in Las Vegas.<\/p>\n
\t\u201cWatching the game gives me heartburn, like last night,\u201d Bogdanovich said in a phone interview, recalling Kentucky\u2019s victory.<\/p>\n
\tA Kentucky title would \u201c100 percent\u201d be the worst outcome for William Hill, Bogdanovich said. The book took about 10 bets at those 50-1 odds on Kentucky to go 40-0. The Wildcats entered the three-week National Collegiate Athletic Association tournament with a 34-0 record and title odds that had shrunk to even-money.<\/p>\n
\tSomeone betting today on a Kentucky championship would have to wager $130 to win $100. That same $130 bet would have won $6,500 had it been placed at William Hill in July.<\/p>\n
\tThe last men\u2019s basketball team to go undefeated was the Indiana Hoosiers, who went 32-0 in 1975-76.<\/p>\n
\tSix other teams won the men\u2019s college basketball title with a perfect season: UCLA in 1964, 1967, 1972 and 1973; North Carolina in 1957 and San Francisco in 1956.<\/p>\n
\tThe Westgate Las Vegas SuperBook didn\u2019t offer odds prior to the season on Kentucky perfection, according to Jay Kornegay, its executive director.<\/p>\n
\tCreating Liability<\/p>\n
\t\u201cWhen you do put something up like that, it does create a lot of liability,\u201d Kornegay said Sunday in a phone interview.<\/p>\n
\tThe SuperBook has, however, offered similar bets in the past, such as 80-1 odds on Tiger Woods to win the Grand Slam when he was in his prime.<\/p>\n
\t\u201c\u2018That just makes me age faster,\u2019\u2019 Kornegay said of such longshot offerings. \u2018\u2018When you do something like that you just get all these small tickets with favorable odds. It just never stops.\u2019\u2019<\/p>\n
\tThe SuperBook\u2019s worst-case scenario now is a Michigan State title, which Kornegay said would be \u2018\u2018just a soft jab to us, not a big loser at all.\u2019\u2019<\/p>\n
\tKentucky sophomore Andrew Harrison made two free throws with six seconds left on Saturday, giving the Wildcats the lead for good over Notre Dame. After being tied at the half, the Fighting Irish led by six with six minutes remaining.<\/p>\n
\tKornegay said he found himself rooting for the Irish despite them being his sports book\u2019s biggest remaining liability.<\/p>\n
\t\u2018Intriguing\u2019 Game<\/p>\n
\t\u2018\u2018It was such an intriguing, tense game that you never wanted it to end,\u2019\u2019 he said. \u2018\u2018On the bookmaking side of it, it was a good deal for us.\u2019\u2019<\/p>\n
\tBogdanovich said he watched the final minutes in a casino sports book near his home, joining many others who were supporting Notre Dame. Kentucky was a 10 1\/2-point favorite.<\/p>\n
\t\u2018\u2018The majority of the book was rooting for the Irish,\u2019\u2019 Bogdanovich said. \u2018\u2018People like to root for the underdog in this tournament.\u2019\u2019<\/p>\n
\tKentucky is a five-point favorite for its national semifinal game on April 4 against Big Ten conference champion Wisconsin, according to Las Vegas betting information website Pregame.com. The Badgers, also a No. 1 seed, beat Arizona 85-78 in the West region final.<\/p>\n
\tIf the Wildcats pass that test, they\u2019d face either Michigan State or Duke in the April 6 championship game in Indianapolis.<\/p>\n
\t\u2018\u2018Notre Dame reminded people that there are teams out there that can give Kentucky all they want,\u2019\u2019 Bogdanovich said. \u2018\u2018To deliver that knockout blow might be tough, but Wisconsin, like Notre Dame, has an awful good chance to do it.\u2019\u2019<\/p>\n
\t\u2013With assistance from Erik Matuszewski in New York.<\/p>\n
No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"
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