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Caesars Sportsbook loses nearly $1 million on one bet after Shohei Ohtani wins MVP

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A Caesars Sportsbook in Nevada will pay out nearly $1 million to just one bettor with Los Angeles Angels pitcher/designated hitter Shohei Ohtani winning the American League MVP Award. On March 19, a Nevada bettor placed a $30,000 bet on Ohtani to win the award at 30/1 odds. On Thursday, Ohtani was named the AL MVP, in a unanimous vote.

Ohtani, a finalist for the American League MVP Award along with Toronto Blue Jays first baseman Vladimir Guerrero Jr. and shortstop Marcus Semien, was named American League MVP on Thursday night. With Ohtani winning the award, the bettor will win $900,000.

“It’s going to be the biggest loss on that type of market ever,” William Hill (now Caesars Sportsbook) assistant director of trading Adam Pullen told ESPN. “It’s going to stick out as a line item, when you see award betting and a big minus.”

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In February, the Angels slugger/pitcher opened at 60/1 odds to win the MVP and there was a significant amount of interest. There were more bets placed on Ohtani to win the award than any other players at the majority of sportsbooks. 

In late June, Ohtani blossomed into the favorite and was listed at -5000 odds at BetMGM by the time August rolled around.

By the time Thursday evening’s announcement came around, Ohtani will winning the American League MVP Award felt like a foregone conclusion. After all, the Angels star blasted 46 home runs and knocked in 100 runs while also posting a 9-2 record to go along with a 3.18 ERA on the mound.

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Washington's Wayne Taulapapa speeds past defenders for a 34-yard touchdown

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Washington Huskies Wayne Taulapapa speeds past defenders for a 34-yard touchdown against Stanford.



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Kansas State upsets Oklahoma, again: Wildcats beat No. 6 Sooners for third time in four seasons

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No. 6 Oklahoma suffered its first loss of the Brent Venables era, 41-34, at home to his alma mater, Kansas State. With a third loss to the Wildcats in the past four seasons, the Sooners are 0-1 in Big 12 play for just the third time since 2012.

The Sooners won their first three games of the season by a combined 127-30, but the Wildcats cleared the 30-point mark midway through the fourth quarter thanks to monster game from quarterback Adrian Martinez. The Nebraska transfer threw for 234 yards, rushed for 148 more and scored all five Wildcats touchdowns in a career-best performance against an inconsistent Sooners defense. 

Martinez’s biggest play came late in the fourth quarter while facing third-and-16. After Oklahoma got pressure, Martinez stepped up and ran 55 yards deep into the red zone. He scored a few plays later to give the Wildcats a two-touchdown lead. 

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The Oklahoma defense will get the brunt of the blame by allowing 509 yards and 6.1 yards per play, but the offense had consistency issues of its own. Quarterback Dillon Gabriel threw touchdowns of 56 and 50 yards in the first half, but 11 of his other 24 completions went for five yards or fewer. Oklahoma’s offense only reached the red zone three times and scored two touchdowns, though one came with only 35 seconds remaining. 

Oklahoma lost its Big 12 opener for the first time since the COVID-19-shortened season in 2020, when it had just one nonconference matchup. Naturally, that loss came to Kansas State. The last time Oklahoma lost a Big 12 opener in a normal year was 2012. The loss? Kansas State. Since 2012, Oklahoma has lost only nine home games, but four of those have been to Kansas State

The Wildcats’ performance was a wild swing from a 17-10 loss to Tulane one week ago. Suddenly, they sit at 3-1 and tied for first place in the Big 12 at 1-0.

CBS Sports will update this story with takeaways from the game. 

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Is Hendon Hooker a strong contender for the HEISMAN?! | No. One CFB Show

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RJ Young reacts to the Tennessee Volunteers’ victory against the Florida Gators and breaks down why Hendon Hooker could be having a Heisman season here.



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