Bettor Stands to Win $10.3 Million if Kings Win 2023 NBA Title

Home » Bettor Stands to Win $10.3 Million if Kings Win 2023 NBA Title

  • Caesars Sportsbook has acquired an $8,000 wager on the Sacramento Kings to win the 2023 NBA title at 350-1 odds.
  • The wager was made by the identical bettor who positioned a $10,000 wager final month on the Kings to win all of it at 750-1 odds.
  • The bettor would win a complete of $10.3 million if the Kings develop into the 2023 NBA champions.

Final month Caesars Sportsbook reported that it had acquired a $10,000 wager on the Sacramento Kings to win the 2022-23 NBA championship. The wager itself pales compared to the hundreds of thousands that Mattress Mack wagers for the Houston Astros however for the reason that Kings opened at 750-1 odds, that wager grew to become information as a result of if the Kings do find yourself profitable the 2023 NBA title, that bettor would win $7,500,000.00.

However then, that’s not the story. Caesars says the bettor got here again for extra.

Bettor Got here Again for Extra

In a Twitter publish dated August 4th, Caesars Sportsbook mentioned that the identical bettor went again so as to add one other $8,000 wager on the Kings to win the 2023 NBA championship. This time round, the wager was made at a shorter +350-1 odds. Nonetheless, it could win $2,800,000. His mixed wager of $18,000 could be value $10,300,000 if the Kings win all of it this season. That’s huge. However then once more the wager is on the Kings. I imply, who would wager on the Kings to win the 2023 NBA championship?

When the primary large wager was made final month, some on social media theorized that the wager might have come from rapper 50 Cent, who sat courtside beside Kings proprietor Vivek Ranadive in one of many crew’s Summer time League Video games. 50 Cent just lately signed a cope with the Kings the place his Sire Spirits wine firm grew to become the official premium champagne accomplice of the NBA franchise.

That hypothesis has a foundation, given 50’s alliance with the Kings and his historical past of betting large on underdogs. Bear in mind when he received $1 million on the New York Giants to win Tremendous Bowl XLVII? The Giants have been up in opposition to a Patriots crew that was on the lookout for an ideal 29-0 season. The G-Males beat Tom Brady as a +12.5 level underdog. Might it have been 50 Cent? We don’t know.

Kings an Underrated Squad?

Sacramento drafted Keegan Murray with the 4th general choose of the 2022 NBA Draft. After opening at +1200 odds to win Rookie of the 12 months honors, Murray’s inventory has risen after he was named the 2022 NBA Summer time League MVP. His present Rookie of the 12 months odds? +750, 4th behind Paolo Banchero, Chet Holmgren, and Jaden Ivey.

Other than drafting Murray, the Kings flew beneath the radar to signal Lakers swingman Malik Monk who was coming off his greatest season ever within the NBA. The Kings additionally acquired Atlanta Hawks sharpshooter Kevin Huerter. The Kings may also be returning famous person guard De’Aaron Fox and All-Star heart Domantas Sabonis whom they acquired on the commerce deadline.

There’s no query that the Kings received higher in the course of the offseason and that along with getting already higher after final season’s commerce deadline with Sabonis. The Kings went 9-16 SU since buying Sabonis however completed the marketing campaign with a 5-5 mark. There is sufficient to be optimistic about. However the Kings haven’t made the playoffs within the final 16 seasons and have by no means been within the Convention Finals since 2002 when Massive Shot Bob killed their title hopes. Successful all of it this 12 months is an extended shot. But when they do, somebody’s gonna be smiling all the way in which to the financial institution.

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