What's the single biggest Golden Knights ticket liability for Vegas sportsbooks?

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1k and they only got 50/1 odds?

if you had one of these tickets would you hedge?
 

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Who cares? Go look at any of those casino's and their monthly take on just slot machines. The last thing I will ever worry about if some book's loss. They don't mine taking in 1.2 million on an event they win on.
 

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1k and they only got 50/1 odds?

if you had one of these tickets would you hedge?

doesn't say at what point in the season the tickets were purchased

and yes, I would hedge, not enough for a 50/50 split or so but clearly enough the celebrate something
 

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Chris "MadDog" Russo says some of the dumbest shit on his Sirius radio show. I guess because he is no longer with Mike Francesa after all these years he can get away with it. He actually said that read an article that said some guy in Las Vegas was able to bet $250,000 at 500-1 on the Golden Knights and a casino was liable for $125 million. Seriously, how can he say this shit. I was waiting for a caller to challenge his statement but no one did. The only part of his statement that is probably true is that the Golden Knights opened at 500-1. That might have been the case at some sportsbooks in Las Vegas but it didn't last long. I heard the total liability on the Knights might be several million. If the Knights weren't in Las Vegas the books might have offered higher odds before the season and the amount they would have taken on them would have been minuscule at best. The books might have slow in lowering their future price after they got out to their hot start. That was a mistake. It's not like they were going to suddenly get worse. The more they play together the more they improve.
 

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...........may be holding the OLDEST ticket on the Knights...........June of 2016

Not cashing
 

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hell yes I’d hedge, 25K winner regardless of what happened

Some of those people who made those wagers don't have the money to hedge. You would have to find someone you trust to put up the money. Obviously if I did it I would have to hold both tickets. Secondly by making a large wager the casino would have to fill out a transaction report. For lending someone money to hedge I would probably ask for $2K. You would be surprised as how many people holding large tickets such as 5-10 team parlay going into a Monday Night game don't have the money to hedge. I guess you could always ask the sportsbook if they would buy you out for a reduced amount. I don't know if that's legal in Vegas.
 

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i would think that overall there is more for vegas to lose with the Caps in futures than the Knights. any idea?
 

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Brent Musburger said on last night's NBCSN Stanley Cup pregame show said total liability by all Sportsbooks is between $5-7 million if Knights win. As been stated is that a net loss or gross loss before taking other futures into consideration. You have to concede that many of the shops would be net loser because the other future money is not enough to offset payoff on the Knights. It's not like there is a lot of money wagered on NHL futures so most books took action on Knights and very little on other teams.
 

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