The San Francisco Giants, who had the best record in the majors after entering the season as 100-1 long shots to win the World Series, have their sights set on another unique distinction: sportsbook crusher, as multiple operators each stand to lose more than $1 million if they win the championship.
"Honestly, we get crushed if the Giants win," MGM director of trading Jeff Stoneback told ESPN, explaining the potential net loss even after accounting for all wagers on the 29 other teams.
Although the Giants never faded as they rolled to a 107-55 mark during the regular season, bookmakers still only gradually lowered their odds throughout the season. Bettors could have grabbed them at 10-1 in late July.
"We didn't think they had a real chance to do this," SuperBook executive director John Murray told ESPN, adding that they expected the Arizona Diamondbacks (52-110) to finish higher. "We consider the Dodgers to be the best team in baseball. We've thought that the whole season and thought it was just inevitable they would pass the Giants."
San Francisco edged its rival by one game, cashing 40-1 tickets for winning the National League West title.
The Giants, however, once again find themselves dismissed and in the underdog role entering the postseason. The Dodgers are -160 favorites for the best-of-five National League Division Series, even though San Francisco has home-field advantage.
---per ESPN