- Tom Brady’s return has caused the Tampa Bay Buccaneers odds to shift from +6000 to +700.
- Tom Brady had +4500 odds to win the MVP and have shifted to +1000.
- The Westgate SuperBook has concerns about insider information leading to big bets.
TAMPA, Fla. – Following the announcement that Tom Brady is coming out of retirement for one more season with the Tampa Bay Buccaneers, oddsmakers were extremely busy shifting the odds back down to contending odd before big bets could be made.
However, one legal sportsbook operator, the Westgate SuperBook had brought up concerns about insider information on Brady’s return that could have led to big bets being made before the announcement.
The Tampa Bay Buccaneers Super Bowl odds were at +6000 while their NFC Championship odds were at +3000 before the announcement. Following his return, their odds now sit at +700 to win the Super Bowl and +500 to win the NFC Championship.
Where the concern came for the SuperBook is that one bettor was caught laying major action on the Buccaneers at +6000 and +3000 to win the Super Bowl and NFC Championship before the announcement.
“There’s not a doubt in my mind that they knew he was coming back when they placed those wagers on Thursday—These were not casual bettors,” said Jay Kornegay, the vice president of the SuperBook. “They would be categorized as educated bettors. It wasn’t a guy with a Tom Brady jersey at the counter. It was a player that we would describe as sharp. With that type of play and the announcement we heard (Sunday) that he was unretiring, there was information that was shared prior to his official announcement. This is concerning. I don’t think I’ve ever said the NFL really needs to investigate something. But this is something they need to look into and how it got out, because there are many books that took some sizable wagers in the middle of last week.”
Action was also laid on Tom Brady’s odds to win the NFL MVP as well. Although he was retired, sportsbooks left his NFL odds up to win the award at +4500 and shifted down to +1000 after.
Still Have Work To Do
Yes, the odds on the Buccaneers to win the Super Bowl shifted down to the favorites, however, Brady is just one piece to the puzzle. The Buccaneers are still facing key free agents that they would like to get back. Their odds could still shift even more depending on the outcome of their free agency period. That said, any shift could be worth betting on.
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Samuel has been writing professionally for 4 years. He comes from a sports writing background where he enjoys writing mostly about basketball and football both professional and collegiate. He is a recent graduate of Florida State University where he majored in Editing, Writing and Media with a minor in Communications. During his free time, you can find him watching or playing sports as well as playing videogames and listening to music.