The US casino genius Derek Stevens recently said he wants to win a total of USD 2 million with sports betting on the outcome of the National League and the 2020 World Series in baseball. This was reported by the Las Vegas Review-Journal this week.
According to the Las Vegas Review Journal, he is said to have made an “Odds to Win” bet on the victory of the Miami Marlins in the National League Division Series at the bookmaker at Westgate Casino in July, which was on Tuesday has begun. With a payout ratio of 200: 1, he could win $ 1 million.
He is said to have bet another USD 2,500 on the Miami Marlins emerging as winners of the 2020 World Series. Here the payout percentages are 400: 1 and the profit would be another million.
Odds to Win. This is a bet in professional baseball that is more commonly known as the Future Odds bet. The players must bet on the outcome of an event that takes place at a later date. You receive fixed odds when you place the bet.
The MLB (Major League Baseball) futures market is open all year-round. The odds are updated weekly in the US betting shops. Players can place bets on an event in both the off-season and the regular season and postseason.
Derek Stevens: casino mogul and betting enthusiast
Stevens is from Michigan and operates D Las Vegas, the Golden Gate Casino, and Circa Casino, which is due to open on October 28th. Despite the COVID-19 pandemic, 2020 should be a good year for Derek Stevens.
The restrictions due to the corona pandemic did not delay the construction of the Circa Resort & Casino. His sports betting business also proved successful in the Nevada sports betting market. He also expanded outside of the state when he launched a mobile betting app in Colorado.
After Stevens placed his bet, he is reported to have said:
“The World Series’ 7th game happens on October 28th. On that same day starts the Circa. I could possibly succeed here to help pay money for the newest shop.”
Jay Kornegay, vice president of Westgate Sportsbook, however, pointed out that the Marlins must win against the Dodgers or Padres, known as two of the best teams in the league.
Final Thoughts
Gambling and gaming had been part of our culture from way back. Derek Stevens knows about this and took this opportunity to win big. He is no ordinary businessman. He is not afraid to lose and juggles risk to get where he is now.
People gamble regardless of the risk. After all, life is a gamble itself. So whether you choose to gamble on land-based casinos or online casinos like xe88, what matters is to gamble wisely. Betting in sports entails a lot of critical analysis. Without this, a bettor is bound to fail. Success may only mean 1% if luck allows it.