A World Cup Win by Mexico Would Prove Costly to Vegas Sportsbooks
Mexico is the largest liability at Las Vegas sports books, the Las Vegas Review Journal is reporting. Scroll Down for More
“Our only liabilities are small on Germany and Mexico’s the big one,” Westgate sports book manager Jeff Sherman told the paper.
Mexico would cost the Wynn Las Vegas sports book as well as the Westgate almost six figures. A substantial number of people got down on Mexico at 50-1 odds it seems.
“They’re the only team that we’re a loser to,” CG Technology sports book director Jason Simbal said.
Despite Brazil being the favorite to win it all, Mexico at much longer odds has all the backing.
There is some good news for bookmakers however.
Mexico has been knocked out of the Round of 16 in each of their last six World Cup appearances, and they have failed to score in four of their last seven.
Some of the excitement over Mexico has worn off following their victory over mighty Germany. That's because the Germans were ultimately knocked out of the tournament by South Korea (2-0 no less) while Mexico lost to Sweden (3-0).
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