Watched a Man go into a sportsbook in Atlantic City on the first Friday of the NCAA Championship in March.
The sportsbook was dimly lit, but playful. Games were on most of the displays, and he was sexy for Wisconsin. Loved the Badgers, though they were confronting an Oregon team which had won eight straight and played its way to the area by winning the Pac-12 Tournament.
But before leaping on Wisconsin, which started at 4:30 p.m., he put $3,500 on Cincinnati to beat Iowa in the first block of games. Cincy had won the American Athletic Conference Tournament the previous weekend and when the Bearcats jumped out to an 18-5 lead, it looked like a nice start to the afternoon.
Subsequently Iowa shot 65 percent from the field in the second half and roared back to win . Right, no problem? Still had Wisconsin starting in 90 minutes.
When our man went back to put an additional $3,500 on the Badgers, he had been told his limitation was cut to $2,800, basically telling him that if he wished to reclaim the $3,500 he dropped on Cincinnati, he’d have to win two matches.
Casinos may impose limitations at their discretion to restrict their liability. It is well over the regulations, but a limitation new to a lot of bettors within this region of the nation.
The guy went to the Borgata and jumped in a cab. He was able to get $3,500 on Wisconsin, which fell apart in the second half and lost by 18.
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