Sports book would lose six figures on a Trubisky MVP season

Getty Images

We noted last week that enough bets had come in on Bears quarterback Mitchell Trubisky to win the league MVP this season that his odds had shifted from 200-1 to 50-1. For one sports book, that means a big loss if Trubisky goes on to win the award.

Jay Kornegay, vice president of race and sports book operations at Westgate Las Vegas SuperBook, told the Chicago Tribune that the bets came in quickly when they listed Trubisky at 200-1 and the book will likely lose more than $100,000 on its MVP betting for the 2019 season if Trubisky ends up winning it.

“It was right from the get-go there was a lot of interest in Trubisky at 200-1,” Kornegay said. “That has really continued to a point where he is by far our biggest liability to win the MVP. When you’re giving out 200-1 odds, it doesn’t take much to create the liability. As it rolls in and you’re accumulating hundreds or maybe thousands of dollars at 200-1, next thing you know you have a mid-six-figure liability attached to Trubisky. And that’s the last thing I want to do is lose six figures on the NFL MVP.”

Kornegay said the money has mostly been a lot of small bets, likely from Bears fans backing their guy, rather than a few big bets from sharp bettors.

“I just want to know what kind of water you guys are drinking up there,” Kornegay said. “Is everybody drinking, like, Soldier Field water or something? What the heck is going on up there?”

There’s plenty of optimism in Chicago that the Bears can be even better than last year, and that Trubisky can take another step forward. If so, that’s bad news for the sports book.

41 responses to “Sports book would lose six figures on a Trubisky MVP season

  1. Everybody’s optimistic this time of year their team will be better. Still thinking it’s a bad bet to spend any money on Trubisky. Only time will tell.

  2. If Trubisky wins it, they’ll have all that money they collected on the other guys to pay it off. Lots of money being bet on guys like Mahomes, Brees, Barkley, etc. The sports books aren’t going to lose money. Besides, Trubisky is a teaser. He’s not going to win the MVP, even if the Bears win the super bowl.

  3. Non story. $100k is nothing to a sports book especially since they’ll likely have $100k + in bets on more favorable players.

  4. MVP? hell no.with a healthy A Rodgers back healthy with a new fast tracked offense and much improved defense chances look real good that he will be the MVP quarterback as he was in the past.this wont be your glacier speed, predictable offense anymore under McCarthy,it will be a fun offense to watch.

  5. If someone ever gives you million-no-one is on anything, you take it. If John Mellancamp ever wins an Oscar I am gong to be a very rich man.

    -Kevin Malone

  6. ‘Kornegay said the money has mostly been a lot of small bets, likely from Bears fans backing their guy, rather than a few big bets from sharp bettors.’

    Correct, there was definitely not any “sharp bettors” pooping away their $ on this guy.

  7. This is hilarious. Nagy was a magician last year, their defense was incredible, and they still could barely keep Trubisky from ruining it all. Dive deep into his stats…he was slightly worse…WORSE…than Bortles. It’s science. Back to the basement, Bears! Your five-year streak of easy schedules won’t be your crutch this year

  8. In terms of raw game experience, Trubisky was essentially a rookie last season and in his first year in Matt Nagy’s offense. When considering that fact, last season was actually really impressive from him.

    If Mitch takes the next step in year 2 of the offense, with his talent and that defense, and they win the NFC this year, hey, crazier things have happened. And it’s a no brainer at 200-1.

  9. “Still thinking it’s a bad bet to spend any money on Trubisky”

    Bet 10 bucks and if by some miracle it happens you win 2000. Think of all the silly things you’ve thrown away $10 on in your life and I can’t see this being any worse.

  10. I don’t understand… betting on Mr. Biscuit would imply he’s actually good.

    Who started this Trubisky MVP talk anyways? They could probably use a Netflix stand-up special, cause that’s a really good joke.

  11. Hahaha! You’re awesome

    vincemantooth says:
    July 3, 2019 at 9:15 am
    If someone ever gives you million-no-one is on anything, you take it. If John Mellancamp ever wins an Oscar I am gong to be a very rich man.

    -Kevin Malone

  12. The bookmakers are still safe. It is extremely unlikely that Trubisky will win the MVP award. Ask yourself this, if your team is down by a touchdown with 2 minutes left, and you can pick whichever quarterback who is still in the NFL to give the ball to, would your number one choce be Trubisky, or would you rather give the ball to Tom Brady, Aaron Rodgers, Drew Brees, or Big Ben. If you say Trubisky, then you should bet your entire net worth on Trubisky winning the MVP award this season.

  13. merde4brains says:
    Trubiscuit has about the same chance of winning MVP as I do of winning the lottery.
    ——-

    So you’re telling me there’s a chance!

  14. Isn’t a Vegas sports book losing $100K on a Trubisky MVP bet the equivalent of a typical fan being forced to buy his buddy a beer for the same bet?

  15. Trubisky isn’t even the MVP on his own team, let alone the league. The sports book is safe with that bet.

    Hey, if you want to sweat bullets as the sports book – put Mahommes or TB12 at 200-1 to win the MVP and see what the liability would be.

  16. Indybear bashes the Colts and Luck and now we see why. He admits his QB is garbage and if he could trade Trubisky for Luck he would do it immediately. Thanks for confirming your jealousy

  17. for the life of me, i don’t get the hype with this guy. what exactly is this “talent” that everybody speaks of? is it his run first mentality?

  18. Bears fan here and I love the kid, but I don’t see him even being MVP of his own team. Maybe of the offense.

  19. At 200-1, if you’re a Bears fan, of course you drop 10 or 20 bucks on the kid, even though a LOT would have to change in the NFL for him to become MVP. At 50-1, however, don’t bother. His real world odds are far, far worse than the 200-1 he opened at.

  20. Shouldn’t a QB have to throw the mall well in order to win the MVP? He doesn’t even throw a well as newton.

  21. I mean, even if the defense carries him and he just plays above average there is a chance he gets the MVP since quarterbacks are usually celebrated as the leader of the team.

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!

This site uses Akismet to reduce spam. Learn how your comment data is processed.