John Ryan – Odds on NFL Lockout02/10/2011
It certainly is looking more likely that there will be a NFL lockout by the owners. Another meeting has been cancelled and the sides are displaying a willingness to try to get something done. I personally can’t imagine sports betting without the NFL, but there is an opportunity right now to hedge against any lost action. There is probably about a 70% probability that there will be a lockout and work stoppage for the first time in 24 years. Bodog has set 1-3 betting odds that the owners will lock out the players on March 4. That would pay back about 33 cents on each dollar bet along with the original wager. For those thinking there will not be a work stoppage you can get 2-1 odds. As much as I hate it, I’ll lay the odds and expect a work stoppage by March 4.