Not even Pete Rose can make a big baseball bet right now
Posted on December 10, 2008 | 41 Views
Las Vegas seldom turns down anyone's gambling action, but the Boston Herald says bets on baseball are being restricted so long as MLB is in town for its winter meetings.
The Herald says Las Vegas Sports Consultants has issued an alert to sportsbooks that there is too much potential for insider information circulating while MLB deals are being made in Sin City.
The Herald's Michael Silverman also reports that the sportsbook at the Bellagio, where the meetings are being held, has put a limit of $100 on bets about future winners of the World Series or NL or AL pennants. Before the alert, the limit was $500.
Some MLB free-agent signings conceivably could move betting lines dramatically. Perhaps the most prominent one would be if CC Sabathia elected to stay with the Milwaukee Brewers, who seemingly will be so-so without him. Silverman points out that when the Boston Celtics traded for Kevin Garnett before the 2007-08 season their odds of winning the NBA title dropped from the 60- to 80-to-1 range to 10-to-1 with most sportsbooks.
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