Current:Home > FinanceBurley Garcia|Caitlin Clark behind increased betting interest in women’s college basketball -FutureFinance
Burley Garcia|Caitlin Clark behind increased betting interest in women’s college basketball
Poinbank Exchange View
Date:2025-04-08 09:04:56
LAS VEGAS (AP) — Caitlin Clark’s audacious logo 3-pointers and Burley Garciarecord-breaking accomplishments have driven sports fans who previously wouldn’t walk across the street to watch women’s basketball to set their DVRs for Iowa games.
Bettors have taken an interest, too, using some of their discretionary money on Clark and the Hawkeyes, the top seed in the Albany Regional 2 of the NCAA Tournament. Iowa plays Holy Cross or UT Martin in the first round Saturday.
Caesars Sportsbook reported the number of bets on women’s college basketball games this season compared to a year ago was 190% higher with 153% more money wagered.
“We saw the momentum slowly build toward the end of the regular season last year and then into the tournament,” said Grant Tucker, who heads up college basketball trading for Caesars. “Obviously, Iowa had that great run all the way to the final. So as the tournament went along, the betting increased. Her superstardom grew.
“It all tied in perfectly when you think of (name, image and likeness) and all the stuff going on. We really have never seen a college athlete like this, especially in the women’s game in any sport.”
Caesars and BetMGM plan to offer proposition bets around Clark, and her popularity has created a spillover effect for other women’s college basketball teams. Tucker said Caesars has gone from posting four or five women’s games on any given day to 12 to 15.
She also has affected futures bets, with Iowa going from 12-1 at Caesars to win the national championship to 6-1 because of the money from casual gamblers. The pros haven’t jumped in, preferring to stick with South Carolina, which is a minus-135 favorite.
“I think what’s great about Caitlin Clark is it’s changed a little bit the dynamics of college basketball,” said Derek Stevens, owner of several downtown Las Vegas casinos, including Circa. “The interest in women’s college basketball has definitely taken a big upturn in the last two seasons, and Iowa and Caitlin Clark is the reason. I think it’s something that’s fun. People are liking it. We’re showing it inside Circa Las Vegas, so it’s pretty awesome to see how this has developed.”
Sheldon Jacobson, who operates the site BracketOdds, said brackets remain enormously more popular for the men’s tournament, at a 60-to-1 ratio, but Clark has created more interest for the women.
“When you have Caitlin Clark playing, the longer the Iowa Hawkeyes survive, the more interest there will be,” Jacobson said. “She’s become a rock star among the women’s basketball players, and that’s great for the game. It’s great for the sport, and I hope it continues. Certainly, she’ll be greatly missed when she finishes her career in just a few weeks.”
Which leaves women’s college basketball at a little bit of a crossroads.
Clark will be a difficult act to follow, though USC freshman JuJu Watkins is showing she might have the game to do just that.
“It’s more than just play, it’s also personality,” Jacobson said. “It’s really the whole gestalt. (Clark) really brings something special to the game. I intentionally watched some of the games on TV when she was playing just because she was so interesting to watch. She brings something special to the game, and that’s great for the sport.”
Tucker said he expects some regression in interest when Clark heads to the WNBA after this season, but her departure won’t completely stall the momentum for women’s college basketball.
“Her stardom is very unique,” Tucker said. “NIL is here to stay. There are more stars to come, but I don’t know if anybody can really be at the level of Caitlin Clark. I wouldn’t say it would go down to how it was four or five years ago, but I don’t know if this is really sustainable long term.”
NOTABLE MEN’S BETTING
Tucker said Creighton and McNeese State have taken some notable action on futures bets for the men’s NCAA Tournament.
As for notable line moves, he said Drake has gone from a pick ‘em with Washington State to a 1 1/2-point favorite, BYU has risen two points to a 10-point favorite over Duquesne and Tennessee has gone from 17 1/2 to 21 points over Saint Peter’s.
___
AP March Madness bracket: https://apnews.com/hub/ncaa-womens-bracket/ and coverage: https://apnews.com/hub/march-madness
veryGood! (362)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Brewers top prospect Jackson Chourio nearing record-setting contract extension, sources say
- Georgia-Alabama predictions: Our expert picks for the 2023 SEC championship game
- New York punished 2,000 prisoners over false positive drug tests, report finds
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Alabama residents to begin receiving $150 tax rebates
- Tesla delivers 13 stainless steel Cybertruck pickups as it tries to work out production problems
- Why hold UN climate talks 28 times? Do they even matter?
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- UK government intervenes in potential takeover of Telegraph newspaper by Abu Dhabi-backed fund
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Wartime Israel shows little tolerance for Palestinian dissent
- Brewers top prospect Jackson Chourio nearing record-setting contract extension, sources say
- College football head coaches at public schools earning millions in bonuses for season
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Publishing industry heavy-hitters sue Iowa over state’s new school book-banning law
- Trucking boss gets 7 years for role in 2019 smuggling that led to deaths of 39 Vietnamese migrants
- Young Palestinian prisoners freed by Israel describe their imprisonment and their hopes for the future
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Shannen Doherty shares update on stage 4 breast cancer: 'I'm not done with life'
North Carolina trial judges block election board changes made by Republican legislature
Kirk Herbstreit defends 'Thursday Night Football' colleague Al Michaels against criticism
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Kraft 'Not Mac and Cheese,' a dairy-free version of the beloved dish, coming to US stores
Veterinarians say fears about 'mystery' dog illness may be overblown. Here's why
Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool