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How a Saints futures bet evolved into PropSwap – and why it matters to gamblers (via BetChicago.com)

Jon Gold @TheCoolSub Back in 2013, Luke Pergande held a New Orleans Saints Super Bowl XLVIII futures ticket that was growing in value by the day. Pergande got in at 50-to-1 odds and the Saints were off to a 9-2 start, looking like a good bet to represent the NFC. He wondered if he could […]

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PropSwap offers sports bettors a chance to lock in profit (via Las Vegas Review Journal)

PropSwap offers sports bettors a chance to lock in profit   By Todd Dewey / Las Vegas Review-Journal May 10, 2018 – 2:06 pm On Super Sunday 2017, PropSwap owners Luke Pergande and Ian Epstein overheard a bettor at the Caesars Palace sports book talking about the $10,000 in futures wagers he had on the Atlanta […]

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Golden Betting Slips for the Golden Knights (via New York Times)

Golden Betting Slips for the Golden Knights By Matt Rybaltowski May 30, 2018 LAS VEGAS — Behind steady play from goalie Marc-Andre Fleury, the Vegas Golden Knights notched victories in their first three regular-season games and created a believer in John Lytle. Lytle strolled over to the sports book at Texas Station Gambling Hall & […]

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The house doesn’t always win: Las Vegas may lose millions on the Golden Knights (via Washington Post)

The house doesn’t always win: Las Vegas may lose millions on the Golden Knights       LAS VEGAS — At the time, Nick Bogdanovich thought he was actually giving the Vegas Golden Knights pretty favorable odds. Bogdanovich’s William Hill sportsbook listed the city’s new hockey team as 250-to-1 long shots to win the Stanley […]

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Bettors confident long-shot bets on Knights are golden (via Las Vegas Review Journal)

Bettors confident long-shot bets on Knights are golden   Luke Pergande made two of the 13 futures wagers that were placed on the Golden Knights at 500-1 odds in October at the Westgate sports book. He made a $50 bet for himself that will pay $25,000 if Vegas wins the Stanley Cup and also placed […]

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PropSwap golden opportunity for Knights bettors to cash in early (via Las Vegas Review Journal)

PropSwap golden opportunity for Knights bettors to cash in early   Willy Wonka has nothing on Las Vegas sports books when it comes to selling Golden tickets. Thirteen wagers were placed on the Golden Knights at 500-1 odds to win the Stanley Cup at the Westgate sports book during the preseason. William Hill sports book […]

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The Golden Knights Are on a Roll, Leaving Vegas Oddsmakers to Shudder (via New York Times)

  The Golden Knights Are on a Roll, Leaving Vegas Oddsmakers to Shudder Vegas Golden Knights’ jerseys are ubiquitous on the Las Vegas Strip these days, even on the Lady Liberty statue near the New York-New York Hotel and Casino.CreditEthan Miller/Getty Images By Matt Rybaltowski May 1, 2018 LAS VEGAS — As the Vegas Golden […]

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U.S. Supreme Court ruling expected to greatly impact one local sports gambling business (via NBC News 3 LV)

LAS VEGAS (KSNV) — When oddsmakers opened betting on the 2018 Stanley Cup Final, the expansion Vegas Golden Knights were available at 100/1 odds all the way to 500/1. The first-year team is now a 9/5 favorite, but there is a website where you can legally buy a ticket at those opening odds. Albeit at […]

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PropSwap: eBay for sports bettors

It was around 10 a.m. PT the morning of Super Bowl LI in Las Vegas, and a young patron was milling around the Caesars Palace sportsbook, letting other bettors know exactly what he was holding: a handful of futures tickets on the Atlanta Falcons, potentially worth $200,000. In his mid-20s and from California, the bettor wasn’t […]

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Sports Betting Outside Of Nevada? PropSwap Will Soon Sell Existing Tickets In Four New States

PropSwap, you say? Launched in 2015, PropSwap is a marketplace for live, active betting tickets. Bettors who are stuck with unfavorable tickets can hedge their bets by selling the slips on PropSwap’s exchange. Buyers who missed a big line can lock in a better price than they might be able to find at the time. For example, say a bettor places […]

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