Watched a guy go to a sportsbook in Atlantic City on the first Friday of the NCAA Championship in March.
The sportsbook was dimly lit, but lively. Games were on all the displays, and he was sexy for Wisconsin. Loved the Badgers, even though they were facing an Oregon team that had won eight straight and played its way to the area by winning the Pac-12 Tournament.
But before jumping on Wisconsin, which began at 4:30 p.m., he set $3,500 on Cincinnati to beat Iowa in the first block of games. Cincy had won the American Athletic Conference Tournament the previous weekend and when the Bearcats jumped out to an 18-5 lead, it looked like a nice start to the day.
Then Iowa shot 65 percent from the field in the second half and roared back to win by seven. Right, no issue? Still had Wisconsin starting in 90 minutes.
When our guy went back to put an additional $3,500 about the Badgers, he had been told his limitation had been cut to $2,800, basically telling him if he wished to reclaim the $3,500 he dropped on Cincinnati, he’d have to win two games.
Casinos may impose limitations at their discretion to limit their liability. It is well over the regulations, but a limitation brand new to a lot of bettors in this area of the nation.
Aggravated, the guy went to the Borgata and jumped in a taxi. He managed to get $3,500 on Wisconsin, which fell apart in the second half and lost by 18.
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