If you want to cash out always bet on a LIVE underdog. To me this is simple, people have seen LeBron in the Finals now for 5 years in a row. He’s a known quantity, he is what people are use to, so because of that people believe that will be able to trump him playing against a much better team in the Warriors.
That is why the public are flooding the casinos betting on Cavs.
Eighty percent of the action at the Westgate SuperBook was on Cleveland as of Wednesday. The story was the same at William Hill. At the Wynn, the bigger bets were on the Cavs. The MGM sportsbook was anticipating a six-figure wager to add to a growing number of five-figure bets already placed on Cleveland.
“It’s been a steady stream of Cleveland money,” Craig Barmazel of the MGM Mirage said.
John Avello, executive director of the Wynn sportsbook said the biggest bets on the series he’d taken as of Wednesday afternoon were in the $25,000 range.
“There are big bets on both sides, but more of them on Cleveland,” Avello said. “That’s because you’re getting the best player in the world [James] at a plus.”
If I was gambler, I’d wait until the Cavs bettors drive Warriors down to a low favorite then pounce. Almost all the time the better team wins if there is a clear better team and in this case that is the Warriors.