Sport: Luck's surprise retirement sends sportsbooks scrambling - PressFrom - US

SportLuck's surprise retirement sends sportsbooks scrambling

19:00  25 august  2019
19:00  25 august  2019 Source:

How Colts can circle the wagons after Andrew Luck's stunning retirement

How Colts can circle the wagons after Andrew Luck's stunning retirement Week 3 of the NFL preseason has been eventful. There have been some big injuries. Young players have stepped up. In what has been the closest thing to true NFL action, there has been much to take away from this slate of games. But of course, Andrew Luck’s surprise retirement has trumped everything that has happened on the field. Indianapolis finished 10-6 last year, and after another excellent offseason, the Colts were a hot pick to be the AFC’s representative in the Super Bowl. Let's go step by step to examine the ramifications of Luck’s retirement. What Did Indianapolis Lose? Frankly, the Colts lost a total superstar. Think back to about one year ago.

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Andrew Luck ’ s retirement from the NFL on Saturday sent shockwaves through Vegas and sportsbooks in New Jersey. Some sportsbooks , including DraftKings in New Jersey, pulled the Colts off the board for win totals and Super Bowl futures, according to Action Network’s Darren Rovell.

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Indianapolis Colts quarterback Andrew Luck’s retirement caught the NFL by surprise on Saturday night. It also sent waves through the gambling community.

Sportsbooks had to quickly tweak the Colts’ odds for the upcoming season before too many bettors put money on out-of-date lines, which had the Colts as high as tied for the third-best Super Bowl odds in the league.

Lines moved quickly on Saturday night with Westgate lowering Indianapolis' Super Bowl odds from 12-1 to 30-1. Others were even more pessimistic with Cantor Gaming shifting from 18-1 to 40-1, Points Bet going from 12-1 to 50-1 and FanDuel dipping from 15-1 to 60-1.

How ex-GM Grigson doomed Luck and the Colts

How ex-GM Grigson doomed Luck and the Colts Narratives are a heck of a thing. They send people scrambling to back up claims that never really held any water in the first place. That’s no more true than during the fallout from Indianapolis Colts quarterback Andrew Luck’s abrupt and shocking retirement. He left the Colts hanging late in the preseason, some will say. Of course, that’s patently absurd. Luck is as tough as they come and has played through some serious injuries. He retired primarily because the former No. 1 pick did not want to find himself crippled in his mid 30s.

Luck was tied with Packers quarterback Aaron Rodgers for the second-shortest MVP odds at 8-1, behind Patrick Mahomes. Last season, CG Technology made Luck worth between four and five points to the betting spread, so the 6.5-point move could reflect the public' s knee-jerk reaction.

Vegas, sportsbooks react to Andrew Luck ' s retirement . Andrew Luck ’ s retirement from the NFL on Saturday sent shockwaves Jets defensive lineman Henry Anderson, who played with Luck at Stanford and in Indianapolis, said he got to know him well and planned to reach out to him.

However, there was still a bit of a lag between news breaking of Luck’s retirement around 9:30 p.m. ET and sportsbooks shifting their lines. According to Action Network’s Darren Rovell, at least one bettor at Circa Sports made maximum bets on the under for 9.5 and 8.5 wins.

For some sportsbooks, the news was big enough to spook them out of keeping their lines up at all. Places that kept their lines up reportedly got hammered with plenty of bets in the brief window between Schefter’s tweets and any changes.

Tom Brady shares his thoughts on Andrew Luck’s retirement

Tom Brady shares his thoughts on Andrew Luck’s retirement Andrew Luck was supposed to be the king of the NFL when guys like Tom Brady, Aaron Rodgers and Drew Brees became too old to play, but the former Indianapolis Colts star shocked the world when he called it quits at age 29. That makes his career drastically different from Brady’s, but the 42-year-old certainly understands. In his weekly appearance on WEEI’s “The Greg Hill Show” Monday morning, Brady defended Luck’s right to travel whatever path he chooses. “It is his life. Everyone has the right to choose what they want to do. He had a great career and he was a great player,” Brady said. “Everybody wishes they could be healthy all the time.

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INDIANAPOLIS, INDIANA - AUGUST 17: Andrew Luck is set to ride off into the sunset leaving major fantasy question marks in his wake. Luck hasn’t turned 30 and would’ve been at the controls of a team many sportsbooks in New Jersey and Nevada pegged 10/1 to win the Super Bowl.

The Colts division odds took similar shifts down with Points Bet dropping them to +600 and the Houston Texans taking over as favorite.

The Colts have a capable backup in hand with Jacoby Brissett, who started 15 games in 2017 during Luck's absence, but he clearly doesn't inspire much confidence. After the team finished 4-12 in 2017, their projected win total from Points Bet is just 6.

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Luck's surprise retirement sends sportsbooks scrambling

GM Chris Ballard upset that someone in Colts organization leaked Andrew Luck’s retirement.
Andrew Luck’s retirement announcement did not go according to plan, thanks to someone leaking the information to ESPN’s Adam Schefter. Schefter did his job, reporting on the story as he’s paid to do. Yet the person responsible for the leak threw the entire organization into chaos and robbed Luck of the chance to announce his decision on his own terms. 

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