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 obtained 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 grow to be the 2023 NBA champions.

Final month Caesars Sportsbook reported that it had obtained a $10,000 wager on the Sacramento Kings to win the 2022-23 NBA championship. The wager itself pales compared to the tens of millions that Mattress Mack wagers for the Houston Astros however because the Kings opened at 750-1 odds, that wager grew to become information as a result of if the Kings do find yourself successful 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 submit 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 can be value $10,300,000 if the Kings win all of it this season. That’s large. 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 massive wager was made final month, some on social media theorized that the wager may 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 not too long ago 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 massive on underdogs. Bear in mind when he gained $1 million on the New York Giants to win Tremendous Bowl XLVII? The Giants had been up towards a Patriots crew that was searching for an ideal 29-0 season. The G-Males beat Tom Brady as a +12.5 level underdog. May it have been 50 Cent? We don’t know.

Kings an Underrated Squad?

Sacramento drafted Keegan Murray with the 4th total decide 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.

Except for 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 even be returning famous person guard De’Aaron Fox and All-Star middle Domantas Sabonis whom they acquired on the commerce deadline.

There’s no query that the Kings received higher throughout 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 yr is a protracted shot. But when they do, somebody’s gonna be smiling all the best way to the financial institution.

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