Las Vegas casino owner bets $352K on first round of NCAA Tournament

yyz

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Derek Stevens, who owns The D, plunked a lot of ching down on the NCAA hoops extravaganza.

:scared
 

MadJack

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By Jesse Granger (contact)
Monday, March 13, 2017 | 9:24 a.m.
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March Madness is here, and casino owner and sports bettor Derek Stevens is at it again.
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Two years ago, Stevens, owner of The D Las Vegas, came two wins shy of winning $1 million after he placed a $20,000 bet on Michigan State to win the NCAA Championship when the Spartans were 50-to-1 long shots.
On Sunday, Stevens wasted no time when the brackets were announced, betting $11,000 on each of the 32 opening round games in the NCAA Tournament. That?s $352,000 wagered for a possible maximum payout of $320,000.
Stevens made the wagers at the South Point live on the set of the Vegas Stats and Information Network show on Sirius XM radio.
Stevens was partial to underdogs, betting on 19 of them in the first round, with the biggest being Texas Southern at plus-25 against North Carolina. The game where he laid the most points was Gonzaga at minus-22 against South Dakota State.
In 2015, Stevens hedged his Michigan State bet, placing $49,000 on Duke to beat Michigan State in the Final Four matchup. Duke crushed the Spartans 81-61 and Stevens walked away with $20,000.
With 32 individual bets this year, there will be no hedging for Stevens.
 

yyz

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Dead Money

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Upstairs watching sports on the big TV.
Been to the "D" casino...

Been to the "D" casino...

Borderline dump.....smokey, poor layout, lousy parking....

Interesting he is investing the 352K he took from sucker slot patrons and "re-investing" with someone else's property.:0002
 

BuddyWright

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Ummm 32 bets and most of them dods.....yep he better stick to owning CASINOS...when i lived in VEGAS the absolute worst gamblers were the CASINO ownrrs....I see it doesn't look like it's changed.....even though I know he is betting for pubilicity .LOL
 

yyz

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Ummm 32 bets and most of them dods.....yep he better stick to owning CASINOS...when i lived in VEGAS the absolute worst gamblers were the CASINO ownrrs....I see it doesn't look like it's changed.....even though I know he is betting for pubilicity .LOL

I don't think the money is a concern for him. If he does a little below .500, he'll clean up in cheap publicity. AND, he might win!
 

redsfann

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Derek Stevens, who owns The D, plunked a lot of ching down on the NCAA hoops extravaganza.

:scared

Listened to it live on Sirius radio. Brent Musburger's new gig after retiring from broadcasting.
Fade his picks and win some $$


Sent from my iPhone using Tapatalk
 

BuddyWright

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I don't think the money is a concern for him. If he does a little below .500, he'll clean up in cheap publicity. AND, he might win!

Publicity is the only thing he will get beause his plays suck.o
 

Old School

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I'm fading all his picks for tomorrow.


ANY IDEA WHAT ALL THE DOGS DID FIRST ROUND LAST YEAR..

I DON'T THINK I KEPT IT RECORDED HERE

WILL LOOK.


YEARS PAST I WOULD SLATE DOG THEN FAV AND THE QUIT W/THE PROFIT..

LOTTA YEARS AGO...BACK WHEN WE WOUD HAVE TO KEEP ALL TEAM STATS IN B/W BINDERS
 

BuddyWright

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The odds are he will finish around .500

Fading doesn't make sense.

I would say odds are he will finish at 40 percent but fading all his plays wouldn't be a good system I don't think.probably fading all his dog plays would be.LOL
 

WildBillPicks7

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ANY IDEA WHAT ALL THE DOGS DID FIRST ROUND LAST YEAR..

I DON'T THINK I KEPT IT RECORDED HERE

WILL LOOK.


YEARS PAST I WOULD SLATE DOG THEN FAV AND THE QUIT W/THE PROFIT..

LOTTA YEARS AGO...BACK WHEN WE WOUD HAVE TO KEEP ALL TEAM STATS IN B/W BINDERS

Dogs covered 6 of 16 games day 1, or 6-10, -4.4, 2016.
 

tibbar

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looks like 3-9-2 today If im correct for the 2nd day, WOW his picks are bad. thats 3-13-2 for the tourney so far
 

bulldog

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I am just as bad as he is as bet all games and all totals and went on totals 2 wins and 14 losses. on sides I went 6 wins and 9 losses. I did the capping today on my own to see how I would do.

know now why I follow some great cappers here at madjacks as I suck as what looks good to me turns out to be a big loser.

glad we have another big day tomorrow and will be following some cappers here as learned my lesson with my picks.
 
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