Las Vegas Casinos Rooting Against Cubs
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LAS VEGAS — The Cubs have become a bear of a problem for sports oddsmakers in this gambling mecca.
Perennial losers over the 95 years since they last won a World Series, the Cubs are threatening to gain revenge on the Vegas bookmakers who have taken and cashed the betting money of hapless Cub fans who put their money where their hearts were ... year after year after year.
“I can tell you that the Cubs winning the World Series would be a really bad result for the sports books,” said Tony Sinisi, senior oddsmaker for Las Vegas Sports Consultants. “Now, we’re at the point where there’s so much money bet on the Cubs that they have become a huge liability to the sports books.”
Bets on the Cubs have been building all season long, enough that sports books have been drastically dropping the odds against them winning the World Series.
The Cubs, who were anywhere from 30-1 to 50-1 longshots when the season started, now rate 4-1 or better to win the World Series. It varies among casinos.
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