Pitt fans with a gambling streak can now get their action in on the Panthers winning the 2018 ACC Championship, and they’d be handsomely rewarded for an accurate wager.
Pitt opened as 100-1 long shots in Bovada.lv’s ACC futures odds, which began taking action on Thursday.
The Clemson Tigers are 1/2 favorites, followed by Miami (11/5), Florida State (9/1), Virginia Tech (14/1), Georgia Tech, Louisville and NC State (33/1), Duke and Wake Forest (50/1) and Boston College (60/1). Pitt, North Carolina and Syracuse are all listed at 100/1, ahead of only Virginia at 300/1.
For those without a gambling streak, 100/1 odds mean that a $100 bet on the Panthers would pay out $10,100.
Pitt has far better odds of winning the Coastal Division. The Panthers have 18/1 odds on a division crown.
Miami is the favorite to win the Coastal at 23/20. Virginia Tech (12/5) is next, followed by Georgia Tech (7/1), Duke (19/2) and Pitt and North Carolina at 18/1. Virginia is last again as a 40/1 long shot.
A $100 bet on Pitt winning the Coastal would pay out $1,900.
The Supreme Court struck down a federal law that prohibited sports gambling this spring. Sports betting is now legal on a state-by-state basis. Casinos and racetracks in New Jersey and Delaware are already taking wagers, in addition to Nevada, which had held an exemption to the previous rule.
Mississippi, Rhode Island and West Virginia have already approved plans to begin taking wagers this year, with Pennsylvania on track with to follow in the near future, though a $10 million licensing fee and a 36 percent tax rate on revenues implemented by the General Assembly will make entry into field an expensive one for casino operators.