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Online bookmaker giving 1/2 odds NHL season will be canceled

Nov 6, 2012, 3:35 PM EDT

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Despite the cautious optimism that’s ushered in this week’s CBA talks, online bookmaker Bovada/Bodog is giving bettors 1/2 odds the NHL will cancel the entire 2012-13 season due to the lockout.

If you think there will still be hockey this year, you can get 3/2 odds.

For what it’s worth, we think there will be hockey this year. The two sides are a lot closer now than they were at this point in 2004 before the season was canceled. Historically pro sports leagues have found a way to solve labor disputes without scuttling the entire schedule.

That said, given the NHL’s history, we wouldn’t bet the house on the season being saved.

The car, maybe.

(But not a nice car.)

  1. fortwaynekomets - Nov 6, 2012 at 3:47 PM

    Bodogs guess is just as good as ours.

    • blomfeld - Nov 6, 2012 at 5:40 PM

      No it isn’t ! Bodog are scum who know nothing about hockey ! I would submit to you pal, that probably 90% of the posters here at PHT know more about hockey than Bodog could ever hope to know !

  2. rca26 - Nov 6, 2012 at 4:13 PM

    I feel like this has more to do with shrewd risk management than a statement on labor relations.

    Bodog would be happy to pay out a bunch of 3/2 tickets, since that would mean they’re gonna get some money back on actual NHL betting this year. If they lose out on there being a season, then hey, at least they only have to pay out to whatever Glum Gus decided to put 1/2 on a lost season.

    Or maybe I’m just the optimistic one.

  3. stangz11 - Nov 6, 2012 at 5:03 PM

    So I went to the bodog website and got a government message saying that the domain name was seized for an illegal gambling operation. Apparently they were shut down in February. Am I missing something here?

    Anyways they probably placed the odds so high in order to maximize profits. Let’s say there is a season, then they’ll pay out the 3/2 odds but make it back with the games that are played. On the other hand, if the season is cancelled, then they’ll pay out the 1/2 odds and make what they can. Win-win for them

    • rca26 - Nov 6, 2012 at 6:44 PM

      What a novel idea.

  4. thedavesiknowiknow - Nov 6, 2012 at 8:51 PM

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