bettingroundup060118 Betting roundup

Delaware to be 1st new state to offer legal bets; Cavaliers enter NBA Finals as huge underdogs

Delaware will become the first state to offer legal sports betting since PASPA was repealed.

Just three weeks after the U.S. Supreme Court decision that cleared the way for states to offer legalized sports betting, Delaware will start taking bets on professional sports including baseball, football, hockey, basketball, soccer, golf, and auto racing.

“Delaware is prepared to move forward,” said Rick Geisenberger, secretary of the state Department of Finance which oversees the Delaware Lottery.

The first bets will be taken on Tuesday at 1:30 p.m. at Delaware Park, Dover Downs, and Harrington Raceway. Delaware Gov. John Carney said in a statement the state has all of the legal and regulatory authority to move forward.

“We’re hopeful that this will bring even more visitors into Delaware to see firsthand what our state has to offer,” Carney said.

The Cleveland Cavaliers entered the 2018 NBA Finals as big-time underdogs against the Golden State Warriors.

The Golden State Warriors are 12.5-point favorites over the Cleveland Cavaliers, the largest point spread in an NBA Finals game since at least the 1991 playoffs. And the line was still growing in the hours leading up to Game 1.

By Thursday morning, several sportsbooks had already moved Golden State to -13.

ESPN Chalk put the Vegas Golden Knights trip to the Stanley Cup Final into context of other historic underdogs.

The Vegas Golden Knights are one of the most unlikely success stories in recent sports history. When the most recent NHL season started, they were 250-1 odds to win the Western Conference and 500-1 to win the Stanley Cup, according to the Westgate Las Vegas SuperBook.

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Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

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