Las Vegas is about to lose on their own team
Sports Fans
Las Vegas is about to lose on their own team

Las Vegas is about to lose millions on it's first time Stanley Cup team.

This is the first year that the Vegas Golden Knights is in existence, so, obviously, it's the first time the team is in the Stanley Cup finals. It was a huge long shot that the team would even 
excel to the playoffs, let alone the Stanley Cup, so when Nick Bogdanovich, director of trading, gave the Golden Knights 250 to 1 odds he thought he'd be in the clear with the new team. How wrong he was! He's come forward saying that he should have given the team a "2500 to 1". He was basing his original odds on every expert
placing the brand new Vegas team in dead last. This gross misjudgment of odds could cost Las Vegas millions of dollars of revenue when they go to pay out the bettors of the Stanley Cup.
William Hill the Home of Betting, where Bogdanovich is the director, stands to lose close to $2 million, while the city of Las Vegas itself could lose anywhere from $5-$7 million. 
This type of loss would be the cities biggest loss on futures betting to date; a kind of record no one really wants to beat. Bogdanovich has already taken to an attitude of “We’re going to be wrong, and we’ll just have to pay. It's just the nature of the beast". A great way to view the loss that you're about to pay out! 
Hopefully you've placed your bets and will make out big on this Stanley Cup. If you're one of the lucky bettors who might break the Vegas banks-- you're buying us all dinner, right?
Las Vegas Golden Knights logo.
Las Vegas Golden Knights logo.
Celebrating!
Celebrating!
“...Vegas itself could lose anywhere from $5-$7 million.”
Who's going to get the Cup??
Who's going to get the Cup??
William Hill the Home of Betting
William Hill the Home of Betting
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