Some sportsbooks are apparently facing substantial potential losses from futures bets placed on Tampa Bay before legendary QB Tom Brady unretired on March 13.

According to a report from the Las Vegas Review-Journal, the Westgate SuperBook is one of many sportsbooks on the hook for some pain based on Brady’s decision.

The Review-Journal reported that Westgate SuperBook vice president Jay Kornegay believes something at least mildly shady happened ahead of Brady’s announcement.

The Las Vegas sportsbook had listed Tampa Bay at 60-1 to win the Super Bowl and 30-1 to win the NFC. One gambler bet those lines heavily, and even bet it again after the SuperBook lowered the odds slightly. But then came Brady’s decision.

“There’s not a doubt in my mind that they knew he was coming back when they placed those wagers […] ” Kornegay said. “And these were not casual bettors. They would be categorized as educated bettors. It wasn’t a guy with a Tom Brady jersey at the counter. It was a player that we would describe as sharp. With that type of play and the announcement we heard that he was unretiring, there was information that was shared prior to his official announcement.”

“There is no doubt in my mind that information leaked sometime in the middle of last week,” he added. “This is concerning. I don’t think I’ve ever said the NFL really needs to investigate something. But this is something they need to look into and how it got out, because there are many books that took some sizable wagers in the middle of last week.”

Following Brady’s unretirement, Tampa Bay futures odds were 10-1 to win the Super Bowl and 5-1 for the NFC title, according to the report.

 

 

 





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