The Golden State Warriors’ Draymond Green did not mean to cost sportsbooks millions, but the act of solidarity inspired a lot of people.
The “what happened to klay thompson” is a story that has been making headlines recently. Draymond Green’s act of solidarity with Klay Thompson wound up costing sportsbooks millions.
Draymond Green, Klay Thompson’s longtime Golden State Warriors teammate, was the most happy to see him return to the floor this week. Despite being unable to participate in Sunday’s game against the Cleveland Cavaliers due to a calf injury, Green joined Thompson on the floor, issuing an instant foul and limping back to the bench for the remainder of the night.
Green’s short visit on the court was meant to be a modest tribute to his buddy who had been watching from the sidelines for the previous two and a half years, but it ended up costing bookies millions of dollars.
Klay Thompson’s season debut included just seven seconds of Draymond Green.
Draymond Green isn’t playing tonight due to a left calf strain, but he still wanted to be on the court with Klay Thompson when he returned.
So Green was there for the opening tip and took a foul so he could check out of the game ❤️ pic.twitter.com/puAzOy3rxe
— ESPN (@espn) January 10, 2022
Green began to feel stiffness in his lower leg in the hours building up to Thompson’s highly anticipated return to the court on Sunday night. He walked onto the court for warm-ups, but immediately recognized that his injury would prevent him from playing in the game.
Green wasn’t going to allow a bad leg keep him from playing alongside Thompson in his first game back after everything that Thompson had been through since the 2019 NBA Finals. As a result, the forward elected to start the game and then return to the bench after the tip-off.
Green’s decision to start the game but not play the remainder of the game was announced via the Warriors’ public relations Twitter account around 10 minutes before the game began.
What is the issue? Sportsbooks around the nation couldn’t get Green’s player props off the board quick enough, allowing astute bettors to profit.
Green’s show of support placed bookmakers in a bind.
Draymond Green of the Golden State Warriors warms up before a game against the Sacramento Kings | Getty Images/Jane Tyska/Digital First Media/East Bay Times
Sports gamblers went to Twitter when Green committed the early foul and walked off the floor Sunday night to publish their large bet slips on Green’s player prop unders. It wasn’t simply the usual props like points, rebounds, and assists. Single bets and parlays on alternative player prop unders for Green at enormous odds handed out six-figure payouts for certain gamblers.
According to ESPN’s David Purdum, most bookmakers conceded defeat and paid out the under bets as winners that night, but DraftKings waited 24 hours before grading the under bets as winners and voiding the over bets.
On Sunday night, if you were fast on your feet, you might have won a lot on bets that had no possibility of losing. And that is precisely what happened.
Sportsbooks are losing millions of dollars.
“All Draymond Green under markets will be graded as winners, and all bets on Draymond Green over markets will be refunded in cash.” By the end of today, customers will witness settlement and crediting.” — A representative for DK
— David Payne Purdum (@DavidPurdum) January 11, 2022
After a piece of breaking news, sportsbooks are usually fast to remove bets off the board. If Tom Brady is declared out of Sunday’s playoff game against the Philadelphia Eagles due to an unexpected injury, you won’t be able to place a wager until the game is canceled entirely.
However, they fell asleep at the wheel in this case, with the breaking news arriving only 10 minutes before tip. Customers were able to pay in big time with only a few more minutes of those different props being accessible to gamble.
How large is it? Try tens of millions.
“DraftKings paid out more than $1 million on the Green props, according to industry sources, with payments throughout the sports betting market thought to be in the millions,” Purdum added. “Bets made inside the last 10 minutes before the game tipped off accounted for the bulk of the obligation.”
It turns out that the home doesn’t always come out on top.
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