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How LeBron’s decision will move the odds

How will sports betting odds vary offshore and state-by-state? It’s just one of several big unknowns in a new landscape of legal U.S. sports betting.
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As the world awaits LeBron James’ decision on where he is taking his talents next season, the betting markets have already been moving.

Murray: We took another bet on [the Cavaliers] on Monday, so we’d probably stay in the neighborhood of 10-1 or 12-1 if he stayed. Their win total would be in the low-to-mid 50s, but if James left it would be in the high 20s. I don’t see how he plays all 82 regular-season games again.

Murray: If all James cares about is winning, I think this is his best move. However, it doesn’t look like he’s going to Deyshawn Bond Authentic Jersey go there, and there hasn’t been much betting support on Philadelphia so far. If LeBron went there, and they added a veteran or two, they’d be the clear favorite in the East. If they managed to add Kawhi as well, they’d be neck and neck with Golden State. We love their young talent.

Murray: This is a team that almost beat Golden State this past season. I think Houston would probably be the favorite if LeBron went there due to the market and all the money they would attract. This is assuming they kept Chris Paul and Clint Capela as well.

Murray: Once [Westgate oddsmaker] Ed Salmons stopped laughing at me, he said -500 if LeBron went there. I don’t think they’d cancel the NBA season, but they might as well.

People were focused on the $100 million, but the truth is that doesn’t even get us to the 20-yard line, league CEO and commissioner Oliver Luck told ESPN. Luck accepted the job June 5 and starts at his office across the street from WWE headquarters in Stamford, Connecticut, on Monday

Luck said the biggest cost will be the salaries to pay players and coaches. He said that the average salary for the 40-man rosters will hover around $75,000, with players who are more in demand making much more than that. Players in the first iteration of the XFL, co-owned by McMahon and NBC, paid players an average of $45,000 Andre Burakovsky Womens Jersey for a 10-week schedule.

Another significant cost is insurance to cover player injuries.

I’ve been at all levels of football, and the importance of a broad-based insurance program cannot be understated, Luck said.

Luck said that before McMahon announced the relaunch of the league, one of his first moves was to secure an insurance policy for the league.

There are very few participants who underwrite for this market anymore and it is obviously costly, he said.