M resort in-game wagering tees off

Apr 11, 2009 7:59 PM
by Mark Mayer | If you were at the M resort on Friday watching the Masters, there was Kenny Perry four shots back at 20-1 to win. An hour later, Perry was tied for the lead and down to 5-1.

"That’s the beauty of in-game wagering. You can get a guy at big odds and all of a sudden see it change," said Mike Colbert, race and sports manager at M Resort under his boss Lou D’Amico. "We had a decent amount of wagering the first two days, but I think it will increase over the weekend as the tourney comes down to the wire."

Co-leader Chad Campbell, a former UNLV golfer, went from 22-1 to 6-1 before a couple of bogeys sent him up to 8-1 to start Saturday’s third round. "The odds really depend on how a player is doing," Colbert said. "The odds go up with bogeys and doubles, down with birdies or eagles. In-game wagering in golf gives our customers a chance to bet the Masters throughout and it’s the perfect sport for us to do."

Still, it remains a work in progress since not all sports are yet a part of the computerized system. For instance, how an individual golfer does hole by hole is not included. And baseball is several weeks away from in-game wagering.

"I really believe in-game wagering is definitely the wave of the future," Colbert said. "It keeps people in the book all day. Betting on the Masters doesn’t just end Thursday with the final odds. You can improve yourself as the tourney goes on."

Pre-tourney favorite Tiger Woods opened play Saturday seven shots behind the leaders and thus his odds rose from 3-1 to 5-1. Anthony Kim, who fired a Masters record 11 birdies on Friday to move within five of the lead, is still a nice 25-1 starting out Saturday.

At the Las Vegas Hilton SuperBook, Perry started play Saturday as the favorite at 4-1. Woods was next at 9-2, followed by Campbell and Angel Cabrera each at 7-1. Phil Mickelson and Sergio Garcia were each 12-1, while defending champion Trevor Immelman was at 200-1.

Woods opened a -200 favorite over Mickelson in his third round individual matchup, while Perry was a -140 choice in his pairing with Campbell.