{"id":114634,"date":"2019-09-11T08:15:43","date_gmt":"2019-09-11T15:15:43","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=114634"},"modified":"2019-09-11T12:55:54","modified_gmt":"2019-09-11T19:55:54","slug":"an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/","title":{"rendered":"Auburn Backer Misses Risk\/Reward Memo, Lays $1,000 at Caesars to Win $5"},"content":{"rendered":"

The Auburn Tigers of the vaunted Southeastern Conference (SEC), the eighth-ranked team in the country, take on the Kent State Golden Flashes from the Mid-American Conference (MAC) at Jordan-Hare Stadium in Alabama on Saturday. As one might expect, the Tigers are heavy favorites, currently -35.5 points, to be precise.<\/p>\n

\"\"
With $1,000 on the line, one bettor is pulling for Auburn, even if the wager wins just $5. (Image: CBS Sports)<\/figcaption><\/figure>\n

But that didn’t stop one bettor from rolling into the Caesars Palace sportsbook on the Las Vegas Strip Tuesday to plunk down $1,000 on the Tigers on the moneyline at -20000. Assuming Auburn wins outright, and they very likely will, the gambler will net a meager $5 for his efforts.<\/p>\n

\n

The bet was originally highlighted by Caesars director of trading Jeff Davis, and it’s a departure from one of the primary tenants of successful sports wagering: properly assessing risk and reward. Translation: a $5 reward is not adequate compensation for putting $1,000 at risk.<\/span><\/p>\n<\/div>\n

Sportsbooks love these bets<\/a>, because even if the gambler wins, the operator’s loss is negligible, and if a team like Kent State pulls the upset, then the house is definitely the beneficiary.<\/p>\n

Inside The Numbers<\/h2>\n

Auburn entered the 2019 season ranked No. 16, but vanquished the then-No. 11 Oregon Ducks 27-21 in a Week 1 thriller, 27-21. The Tigers followed that up with a 24-6 Week 2 win over Tulane. Kent State was pounded 30-7 by Arizona State to start the season, but the MAC team rebounded to defeat Kennesaw State 26-23 last week.<\/p>\n

Over the course of Auburn’s storied football history, the team has been a favorite of 30 or more points, as they are Saturday against Kent State, 26 times, and won all of those games outright<\/a>, indicating that the bettor’s $1,000 wager at Caesars is likely \u201csafe,\u201d if history repeats.<\/p>\n

\n

However, the Tigers have not been good at covering when they’re big chalk. In those 26 games where the Tigers were favored by 30-plus points, Auburn’s record against the spread is just 9-16-1. The projected score of Saturday’s tilt, according to OddsShark, is Auburn 38.3 \u2013 Kent State 12.5, indicating the $1,000 bettor may have been better off taking the Golden Flashes and the points at -110 (bet $110 to win $100).<\/span><\/p>\n<\/div>\n

Kent State has been an underdog of 30 or more points 17 times in its history, and has never won outright in that situation, going 7-10 against the spread in those tilts.<\/p>\n

If the Golden Flashes pull the upset this week, it would be the fifth-largest spread upset in college football history. On the moneyline, Kent State is currently +9000 (bet $100 to win $9,000)<\/strong>.<\/p>\n

Going Small<\/h2>\n

Before picking on the Auburn backer, it’s worth noting that there are plenty of instances of bettors taking on large risk for meager rewards. As Casino.org <\/i>reported in August, a gambler laid $100,500 at the Westgate SuperBook in Las Vegas on the Philadelphia 76ers making the 2020 NBA playoffs at -5000, meaning he’ll win just $2,010<\/a> and have his capital tied up for nine months for the privilege.<\/p>\n

That same gambler also plunked down $10,000 on the Milwaukee Bucks to make the playoffs, a bet that will net him a cool $100 if successful.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Auburn Tigers of the vaunted Southeastern Conference (SEC), the eighth-ranked team in the country, take on the Kent State Golden Flashes from the Mid-American Conference (MAC) at Jordan-Hare Stadium in Alabama on Saturday. As one might expect, the Tigers are heavy favorites, currently -35.5 points, to be precise. But that didn’t stop one bettor […]<\/p>\n","protected":false},"author":46,"featured_media":114636,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,1074],"tags":[],"acf":[],"yoast_head":"\nAn Auburn Bettor is Wagering $1,000 to Win Just $5 This Weekend<\/title>\n<meta name=\"description\" content=\"A bettor at Caesars Palace put down $1,000 on the Auburn Tigers, but the risk outweighs the reward of $5 he'll receive if the Tigers win.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Auburn Bettor is Wagering $1,000 to Win Just $5 This Weekend\" \/>\n<meta property=\"og:description\" content=\"A bettor at Caesars Palace put down $1,000 on the Auburn Tigers, but the risk outweighs the reward of $5 he'll receive if the Tigers win.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-11T15:15:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-09-11T19:55:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/09\/auburn.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/\",\"url\":\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/\",\"name\":\"An Auburn Bettor is Wagering $1,000 to Win Just $5 This Weekend\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/09\/auburn.jpg\",\"datePublished\":\"2019-09-11T15:15:43+00:00\",\"dateModified\":\"2019-09-11T19:55:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"A bettor at Caesars Palace put down $1,000 on the Auburn Tigers, but the risk outweighs the reward of $5 he'll receive if the Tigers win.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/an-auburn-bettor-is-wagering-1000-to-win-just-5-this-weekend\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/09\/auburn.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/09\/auburn.jpg\",\"width\":1200,\"height\":675,\"caption\":\"With $1,000 on the line, one bettor is pulling for Auburn, even if the wager wins just $5. 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