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Betting on Kentucky basketball to win it all? Two sportsbooks hope it doesn’t happen

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Betting on Kentucky basketball to win it all? Two sportsbooks hope it doesn’t happen


LEXINGTON — Kentucky basketball winning its ninth national championship would be a dream come true for the team’s fervent fan base. It also would be the worst nightmare for two of America’s largest sportsbooks.

The Wildcats are the biggest liability for BetMGM and DraftKings. At BetMGM, UK leads the country in ticket percentage (the percent of total bets) at 11.6 and is second in handle percentage (the percent of total money) at 13.0, trailing only defending national champion UConn (14.6%), with both figures as of Monday. Kentucky is tops nationally in both categories at DraftKings, with 18% of tickets and 24% of the handle at the beginning of this week.

Not surprisingly, those numbers are even more pronounced in the Bluegrass State. More than 70% of bets made within Kentucky at BetMGM are on the Wildcats to win it all, accounting for 75% of the total money wagered. Those percentages are even higher at DraftKings: 75% of bets in Kentucky are on coach John Calipari’s team to capture the 2024 NCAA Tournament title, which is 81% of the handle.

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Despite the abundance of bets placed on UK, there’s still value to be found, Steve Bittenbender said.

“For a futures market — where they’re winning the national title — I would recommend that for anyone,” said Bittenbender, a writer and analyst for BetKentucky.com. “I would recommend, though, that they do it within reason. Kentucky’s odds are quite lucrative, depending on which sportsbook you go to.

“And the great thing with futures odds are, you get the odds as they’re set at that time. So if you come in and take the bet at 30-1, you’re locked into those 30-1 odds for the rest of the season. … If Kentucky comes through this year, it’s going to create a nice, sizable prize for (bettors) if they end up cutting the nets down in April.”

Because of how much roster turnover the Wildcats normally experience each year, Bittenbender admits they’re “tough to judge” as a bettor.

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“But, at the same time, you’ve got to look at who Kentucky brings in. They’re always bringing in a top (recruiting) class,” he said. “You’re not looking at players at the bottom of the top 50 or anything like that. You’re looking at the elite of the elite. So that helps in some respects.”

While the Wildcats’ national championship odds vary — from 22-1 at BetMGM and DraftKings to 35-1 at FanDuel — Bittenbender has a theory: He believes their odds, year in and year out, “probably are a little shorter” than a team of a similar profile.

“Just because of the backing that they have, anyone who’s a Kentucky fan is probably going to bet on Kentucky to win the national title — especially here in Kentucky,” he said. “I think there are very few who don’t think Kentucky’s a national contender each and every year. … That might affect (a sportsbook that says), ‘OK, instead of being 20-1, we’ll bump them down to a 15-1 shot just to decrease our liability a little bit.’”

Drilling into wagering on specific UK games, Bittenbender highlighted arguably the team’s defining trait: its high-flying offense. The Wildcats average nearly 90 points per game, which ranks third in Division I. Because of that, Bittenbender said “the over always is in play” when Kentucky takes the court.

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But he cautioned UK fans “who live and die with each loss” to take a deep breath.

Let cooler heads prevail before placing a wager.

“If you go on (X, the platform formerly known as) Twitter to post, ‘Fire Calipari’ or something like that, I wouldn’t necessarily recommend that you bet on Kentucky,” he said. “But if you’re able to withstand the losses and understand that’s how a season goes, then I would have no problem saying, ‘OK, go ahead and bet on your team to win.’”

Reach Kentucky men’s basketball and football reporter Ryan Black at rblack@gannett.com and follow him on X at @RyanABlack.



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Kentucky

Gov. Beshear sits down for end of year interview with LEX 18

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Gov. Beshear sits down for end of year interview with LEX 18


FRANKFORT, Ky. (LEX 18) — As 2024 wraps up, Gov. Andy Beshear is highlighting Kentucky’s successes and speaking about the issues that he believes should be addressed in the new year.

In a sit-down interview at the Capitol on Wednesday, the Governor and First Lady Britainy Beshear touted Kentucky’s economic success.

“I certainly think our economy is our high from this year,” said Beshear. “[2024] is going to be our fourth best year ever in terms of private sector investment.”

Beshear said Kentucky saw more than $6.9 billion in new investments and more than 9,400 new full-time jobs.

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He said in 2025, the state should keep focus on issues that matter to Kentucky families, like good jobs, good infrastructure like roads, high-quality education and healthcare, and safety.

The Beshears, who are parents to two teenagers, often speak about building a better Kentucky for the younger and future generations. What kind of Kentucky are they envisioning?

“We want every Kentucky child to have opportunity in Kentucky – if this is where they choose to build their adult lives,” said First Lady Britainy Beshear. “I think we’ve come so far. Our economy is on fire. Jobs are added every day. We have amazing colleges and universities.”

“I hope that those things not only remain in place, but also grow and strengthen, so our children have every opportunity here that they can dream of,” she added.

“I hope that we are creating a state that is an economic powerhouse where kids can chase any dream they want and never have to leave, if they don’t want to,” added Governor Beshear. “But also, one where we’re taking care of each other. We’re putting those structures in place to where if you’re having that day that you’re not okay, there’s no stigma in reaching out and saying ‘I need a little bit of help.’”

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One thing that Kentucky must get done in 2025 is universal pre-K, according to Beshear.

“I think the biggest need that we have is universal pre-K,” said Beshear. “That’s both the education and childcare piece that then creates a workforce issue. We have a lot of parents of young children who are out of the workforce because childcare costs so much. And for some of them, they don’t qualify for Head Start, but don’t make enough to send their kids to pre-K. So, the result is we have over 50% of Kentucky’s kids who aren’t Kindergarten ready. Some don’t ever catch up so that means we are failing them before they ever start school.”

Republican legislative leaders have indicated that their big priority is to continue with further tax cuts. Beshear said he supports another cut to the personal income tax rate, but he emphasized that the state cannot lose too much revenue.

“I believe in balance,” said Beshear. “The best way that we can provide services and stimulate our economy is the right balance. That means we can lower the personal income tax right now, but if the legislature races to bring it to zero, then, either they are going to raise sales taxes – which will make things cost more and things already cost too much – or they will try to raise property taxes.”





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Netflix's SEC Football series featuring Kentucky will come out next summer

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Netflix's SEC Football series featuring Kentucky will come out next summer


You may recall that Kentucky was one of several SEC schools Netflix chose to feature in its new docuseries about SEC football. Film crews were in town throughout the season to document Mark Stoops’ squad, specifically the weeks of the South Carolina and Louisville games. We now have a few more details about the series, including when it will be released.

This morning, Netflix announced the show, which will provide “unfiltered access to coaches and players in college football’s most dominant conference and give an exclusive look at key matchups throughout the season.” The series is produced by Box To Box Films, the same company behind Sprint, Full Swing, Formula 1: Drive to Survive, and Break Point. There will be eight, 45-minute episodes, which will be released in Summer 2025.

According to the official release, the series will “bring viewers everywhere from the field and the locker rooms to the team buses, barbershops, and more.” It is executive produced by James Gay-Rees, Paul Martin, and Hillary Olsen for Box to Box, with showrunner Collin Orcutt.

“This behind-the-scenes docuseries will bring all the drama and pageantry of Southeastern Conference Football to a worldwide Netflix audience,” SEC Commissioner Greg Sankey told Netflix.

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As mentioned, we know that crews were in town for the South Carolina and Louisville games. Both losses were embarrassing, the latter serving as salt in the wound of a very disappointing season. We don’t know which other SEC schools were featured, but hopefully, one of them is Ole Miss, which could give us at least one happy moment to look back on if crews were in Oxford for Kentucky’s lone SEC win.

Regardless, we’ll be watching next summer.

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Don McHenry scores 28 as Western Kentucky defeats Seattle University 86-73

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Don McHenry scores 28 as Western Kentucky defeats Seattle University 86-73


Associated Press

BOWLING GREEN, Ky. (AP) — Don McHenry had 28 points in Western Kentucky’s 86-73 victory over Seattle University on Tuesday night.

McHenry shot 9 of 12 from the field, including 4 for 5 from 3-point range, and went 6 for 6 from the free-throw line for the Hilltoppers (8-3). Julius Thedford added 15 points and seven rebounds. Braxton Bayless finished 5 of 9 from the field and scored 13.

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Maleek Arington and Paris Dawson both scored 17 to lead the Redhawks (4-7). Dawson added six assists. Brayden Maldonado totaled 11 points and six rebounds.

Western Kentucky took the lead with 11:07 left in the first half and did not give it up. Enoch Kalambay led their team in scoring with 10 points in the first half to help put them up 38-32 at the break. McHenry scored 19 in the second half.

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.

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