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Tournament time usually involves betting…

The Adam Gold Show / Adam Gold
The Truth Network Radio
March 15, 2023 3:46 pm

Tournament time usually involves betting…

The Adam Gold Show / Adam Gold

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March 15, 2023 3:46 pm

What does the NCAA Tournament mean for Vegas? Can you get real value on schools like Duke, or is it always going to be a bit depressed? Who are the double digits seeds that have value? Which ones might go further than you think?

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NCAA Tournament, I guess it started last night, but it really starts Thursday at noon. But, not but, because it really starts Thursday at noon, most of your pools don't have to be in until Thursday. So, let's talk to Lamar Mitchell from BET MGM.

He's the man running things at one of the best sportsbooks in the United States, and he joins us on the Adam Gold Show. This is the big, I know the Super Bowl is the big, singular event, but what does this event mean to MGM and just the industry in general? This event, it's crazy because, hey thanks for having me by the way, but this event is jam-packed for four days the first week of the tournament.

The books are busy, the casino is busy, the restaurants are busy, a lot of watch parties going on in the city. And then, you know, the next weekend when they get down to 16 and 8, it's the same thing, it's just a different group of people. Whereas with the football championship, it's busy for that Saturday and Sunday and then they're all gone. And with this tournament here, we experienced the madness for actually three weeks. When we get to the actual final on Saturday, the last weekend of the season, that is a piece of cake compared to the prior two weekends that we've dealt with. Lamar Mitchell from BetMGM here on the Adam Gold Show, the NCAA tournament I guess officially started last night, but it really doesn't start until Tuesday because no bracket pool I have ever entered online forces you to get your picks in by 6.30 on Tuesday, which to me, you should.

I did go two for two yesterday for what that's worth, but it doesn't really matter because they don't count. Can you get real value on a school like Duke, which is always going to be, I guess the odds bet down, can you get real value on Duke or is it always going to be kind of depressed a little bit? I'm going to go with the latter.

It's going to be kind of depressed. I mean, unless you get them early in the year when, you know, like this year coming off of a new coach with Coach K being gone, I mean, we have them at 30 to one. So if you find that value, yeah, that's great. But I know another client of ours got Purdue earlier in the year at 80 to one. Yeah, 80 to one. So he's sitting on a ticket at Purdue 80 to one and and they're number one seed. So with teams that are, you know, Blue Bloods like Duke and and you know, Kentucky and those teams. Well, we know that they're going to be up there. It's kind of hard to get the value that you think you're going to get early in the season or when a tournament starts because the way the parents are set up, it's almost like the tournament is set up for them to win the region. Lamar Mitchell, director of trading MGM Resorts International is joining us here on the Adam Gold Show.

Who are the we'll just go double digit seeds that have value and maybe you think can make noise here. Get ready because Scott's is taking over Daylight Saving Time. It's such a big event that we're calling it Daylawn Saving Time. And now it's got real savings. In fact, it's the biggest deals of the year.

Audacious? Absolutely. So don't wait. Stock up early and you'll be able to save up to $20 on Scott's Triple Action and Easy Seed products today at the Home Depot and Lowe's. Offers available March 9th through 22nd at select US stores while supplies last selection varies by location.

See store for exact offers. Well, I can tell you that it's always the four, four 13 and the five 12 match-ups, which always, always give us issues. And, and speaking of that, you know, that we just talking about Duke, but that 12 seat Oral Roberts, that's really scary spot for them, believe it or not. And another one that you might look at is Iona, Coach Patino. He's always got his scenes ready to play. And whether he stays Iona or he moves to another place, that, that team is definitely some punch in their, in their game.

Do you guys kind of prey on the, the people who search for the storyline? So like the Rick Patino at Iona, never bet against Patino. It's like never bet against Tom Izzo.

The last I checked Michigan State has one national championship, but people keep telling me to never bet against Tom Izzo. Do you guys, do you guys do well based on people getting that wrong? More and more often than not. You're absolutely right. But it does serve well, you know, in the big games, but when it comes to the games where they're just kind of going to sleep walk through and they're supposed to win those games. That's where, you know, we see a lot of the people who take the Cinderella's, but once those guys get in a big, big matchup where it's down to the final 18 to the final, the semifinals, that's where that mantra really holds true. Where when it comes to maybe they might not win the game, but they will cover the number. And you know, that's what it's all about is covering that number.

It is absolutely. Director of Trading at MGM Resorts International, Lamar Mitchell here before we let you go. Is there, can you, can you at least even tell us, has there been unusual, maybe not unusual to the point of being suspicious, but a lot of action on a team or can I bet like the ACC to win more than X amount of games? Well, I can tell you that, uh, we do have, uh, the conference of the tournament tournament winner.

We have that up. Um, we also have a seat of the tournament winner and we also have home state of the tournament winner, but I will tell you that Houston, uh, everyone's betting Houston. That's not unusual because they've been, you know, one of the best teams all year. Uh, and of course, uh, Bama, that's a popular pick that everyone's betting. And we have this, this would be the year that, uh, Gonzaga comes out of nowhere to win it when they're not as good as they've been the past few years. And, uh, we have seen some large wagers on Gonzaga. And for some reason, uh, my dad's telling me, watch out for pizzazz this year. They're always good.

Lamar Mitchell, MGM. I appreciate your time, man. Take care.

You too. Get ready because Scott's is taking over daylight saving time. It's such a big event that we're calling it day long saving time. And now it's got real savings. In fact, it's the biggest deals of the year audacious.

Absolutely. So don't wait stock up early and you'll be able to save up to $20 on Scott's triple action and easy seed products today at the home Depot and Lowe's offers available March 9th through 22nd at select us stores while supplies last selection varies by location. See store for exact offers.
Whisper: medium.en / 2023-03-15 17:14:35 / 2023-03-15 17:18:01 / 3

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