The Rangers are causing quite a stir among bookmakers this playoff season. According to DraftKings Director of Trading Johnny Avello, the Rangers are proving to be a significant liability for sportsbooks due to their immense popularity in hockey betting. Avello highlighted that the Rangers consistently attract heavy betting action throughout the season, making them the most popular team in hockey betting. As a result, the Rangers pose a substantial risk for sportsbooks, with massive amounts of money wagered on them in every game, across different states and series.
Despite being home underdogs in Game 2 against the Hurricanes, the Rangers have now shifted to being favored to win the series after securing a victory in Game 1. Avello explained that the odds reflect the urgency with which the Hurricanes are expected to play following their Game 1 loss. While the Rangers anticipate being underdogs in Game 2, Avello expressed confidence in setting fair lines for both teams.
If the Rangers continue their winning streak, sportsbooks may face significant payouts, especially considering that the odds would have been higher if the Rangers had lost Game 1. However, Avello emphasized the value of home ice advantage, acknowledging the influence of Madison Square Garden on the Rangers’ performance.
Looking ahead to Game 3 in Raleigh, Avello expects similar pricing for home ice advantage for the Hurricanes, highlighting the competitive nature of the series.