The $10 million reason to root for the Golden Knights

Alex Myers discusses why the NHL expansion team's amazing run to the Stanley Cup Finals has Vegas sports books worried.

Released on 5/21/2018

Transcript

00:00
So the Las Vegas Golden Knights
00:01
are in the Stanley Cup finals.
00:02
And you should really be rooting for them.
00:04
Why?
00:05
Because they might deal Las Vegas sports books
00:07
an all-time gambling loss.
00:09
Oh, yeah, so they're also an expansion team.
00:11
So the fact that they're playing an NHL title
00:13
in their first year of existence
00:14
basically makes them Cinderella in glass skates.
00:17
And in true Vegas fashion, they put on
00:19
spectacular pre-game shows.
00:21
But mainly, this is about sticking it to the man.
00:24
Or in this case, the house.
00:26
Vegas sports books have thrived on suckers for decades,
00:29
but they stand to lose five to ten million dollars
00:32
if the Golden Knights win the Stanley Cup.
00:34
That's because the team's odds to win before
00:36
the season started were as high as 500 to one.
00:39
And with locals excited to finally have
00:41
a sports team, even though it's hockey,
00:43
a lot of bets were made.
00:45
Including one guy who's sitting on a $120,000 ticket.
00:49
Might want to hold onto that.
00:50
Side note: hooray for the Supreme Court for
00:52
recently opening the door for nationwide
00:55
legalized sports gambling.
00:56
Uncle Sam isn't gonna stop me anymore
00:58
if I wanna bet the over under
01:00
in an Ivy League women's basketball game.
01:02
But as great as that legal news was,
01:04
the Golden Knights are also a cautionary tale
01:06
for all those places looking to get into
01:08
the sports gambling business.
01:09
Imagine if a bunch of sports books
01:11
opened in time for the NFL season,
01:12
and the Jets win the Superbowl?
01:14
Kidding.
01:15
The Jets stink, and they're never winning another Superbowl.
01:17
But imagine if the Giants win the Superbowl?
01:19
Whew, that would take a big bite
01:22
out of Big Apple bookies.
01:23
But even with the Gold Knights' unlikely run,
01:26
Vegas will be fine.
01:27
Still, it's the rare chance to see these
01:29
odds makers shaking the in their Gucci loafers.
01:32
So let's go Golden Knights!
01:34
Even though I can't name a single player on your roster!
01:37
Unless Mario Lemieux or Jeremy Roenick
01:40
happen to be on the team?
01:42
Sorry.
01:42
All my hockey knowledge comes from playing
01:45
NHLPA '93 on Sega Genesis.
01:47
(upbeat music)
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