99% of the Money?! Jaguars’ Upset Over Colts Costs Vegas Bettors Big
Douglas DeFelice-USA TODAY Sports. Pictured: Telvin Smith
- The Colts-Jaguars game was the biggest decision of the early NFL games for the Westgate Las Vegas SuperBook, as Indy got an incredible 99% of the money.
- Jacksonville pulled off the upset, winning 6-0 and cashing bets for anyone brave enough to fade the trendy Colts.
The surest bet of the NFL season, for some gamblers, turned out to be anything but.
Not only did the Indianapolis Colts not beat the Jacksonville Jaguars.
Not only did the Indianapolis Colts not cover.
The Indianapolis Colts didn’t even score a point.
By the time the Colts-Jaguars game kicked off, 99% of the money at the Westgate Las Vegas SuperBook was on the Colts to cover a 4-point spread.
So it was a solid win for the book when the game, which took more than an average NFL game worth of action, ended in a 6-0 Jaguars shutout, thanks to Luck getting held to under 250 yards passing.
Sportsbooks will take plenty of lopsided action, but Jay Kornegay, the executive vice president of Superbook operations, told The Action Network that this game was the first game of this season where it the was THAT lopsided.
The storylines made it just too easy to invest in the blue and white at every turn — when the book opened the game at -3.5, when it went up to -4.5, when it ticked back down to -4.
Colts quarterback Andrew Luck was coming into the game having thrown for three or more touchdowns in eight consecutive games, tied for the second longest streak in NFL history. The team was riding a five-game winning streak and was averaging 33 points per game over its last eight.
The Jaguars — coming into the game with a 3-8 record — were without running back Leonard Fournette, who was suspended for his fight last week with Buffalo Bills defensive end Shaq Lawson.
They were also starting Cody Kessler in the place of Blake Bortles. Kessler had never won in eight career starts! And the same day the Jags benched Bortles they jettisoned offensive coordinator Nathaniel Hackett.
So, how did it get to 99% without much movement in the line?
“Money isn’t money,” Kornegay said. “It’s the type of money you monitor.”
And the type of money betting on the Colts was not the money that had been shown to be particularly threatening to the book.
“Lopsided action on this game was due to the overwhelming support from the casual better and that type of liability we’re comfortable with to a certain point,” Kornegay said.