Clemson’s win was good for Tigers fans and those tired of Alabama and the SEC, and very very bad for the sportsbooks in Las Vegas.
According to a report by ESPN gambling writer David Purdum, heavy money was on the Tigers heading into last night’s game. Clemson closed as a 6.5-point underdog, per OddsShark, and many bettors hit the Tigers moneyline hard as well after they blasted Ohio State in the College Football Playoff semifinal.
Vegas books suffer "the worst loss in any college football game I can remember," manage to open for business today: https://t.co/qJ36iwvTsx
— David Payne Purdum (@DavidPurdum) January 10, 2017
From Purdum’s report:
Bill Sattler, director of specialty games for Caesars Entertainment, said Clemson winning in a high-scoring game produced “the worst loss in any college football game I can remember.”
The majority of sports books were heavy on Clemson throughout the week. The money started coming in on the Tigers shortly after they demolished Ohio State on New Year’s Eve. At the Westgate SuperBook, out of the first $11,020 that was wagered on the national championship game’s money line, $11,000 of it was on Clemson. The orange money never slowed down, leaving sportsbooks rooting for Alabama. Out of 12 sportsbooks — in Las Vegas and in the Caribbean — not one of them said they needed for Dabo Swinney’s team. They were all Crimson Tide fans.
The 66 point game also easily cleared the over/under of 51, another bad result for the books, which had to root for a low scoring Alabama win and cover.
Generally speaking, Las Vegas does pretty well for itself throughout the year, but last night the Tigers gave the ‘books a serious bath.