Sportsbooks Back Spurs After Knicks Build 2-0 Finals Lead, Creating $510,000 Bet Liability
Updated
Updated · New York Post · Jun 7
Sportsbooks Back Spurs After Knicks Build 2-0 Finals Lead, Creating $510,000 Bet Liability
3 articles · Updated · New York Post · Jun 7
Summary
BetMGM and other sportsbooks have flipped from cheering for New York to needing a Spurs comeback after the Knicks took a 2-0 NBA Finals lead and drew heavy title money.
A $200,000 Knicks wager at +155 would pay $510,000, while another $20,000 bet at 22-1 would return $440,000, adding to the book's growing exposure.
That reversal is striking because BetMGM entered the series favoring San Antonio and viewing the Spurs as its biggest futures liability after large preseason bets, including a $50,000 ticket that would win $325,000.
New York now heads home as a heavy favorite for its first title since 1973, carrying a 13-game winning streak while San Antonio tries to defy a 0-2 Finals hole no team in its exact spot has overcome.