NBA

Draymond Green’s Injury Proved Very Costly But Not For Who You’d Expect

Earlier this week, you may recall that we reported on Klay Thompson’s return to court for the Golden State Warriors after 941 days out injured.

Unsurprisingly, many of Thompson’s team mates wanted to be out on court to welcome their NBA Championship winning star back into the team and that included long-term team mates Steph Curry and Draymond Green.

However, Green’s short appearance of just seven seconds of play, ended up proving very costly, but not for the Golden State Warriors who won the game against Cleveland anyway.

Instead, it was a number of sportsbooks that took a financial hit and were left counting the cost of Green’s very limited involvement.

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Seven Seconds

With anticipation high for the game, the Warriors began their warm ups for the contest

Twitter Screenshot

against the Cavaliers when Draymond Green reported to his medical team that he was feeling a tightness in his lower calf.

Rather than sit on the bench, Green decided to start the game in tribute to his returning teammate, but would leave the game, permanently, just a few seconds into the contest.

Now, there’s nothing wrong with that in terms of NBA rules and regulations, however what happened was that at 8.31pm ET, the Warrior’s public relations Twitter feed posted news that Green would start the game at tipoff, but would not participate in the remainder of the game due to the calf issue.

With the game tipping off at 8.40pm, Green was on court as stated and played for just seven seconds before he committed a foul and left the game, failing to return.

Not a problem for the Warriors who went on to win without him, but a BIG one for several bookmakers who could not react quick enough to stem the tide of bets that followed on the Under markets for Green in the game.

An Expensive Nine Minutes For Sportsbooks

In the nine minutes that elapsed between the Warriors PR team’s Tweet and the tipoff, many bettors headed online to place bets on Green for the Under markets on total points, rebounds and assists.

Although some sportsbooks managed to pull markets a few minutes after the news had broken at 8.31, others were not so quick and that left them liable to some potentially large payouts.

Many bettors parlayed several betting selections on the Green under markets resulting in much longer odds and payouts, some believed to be in six-figures.

For sportsbooks, it is estimated that the liability on Green under props was over a million dollars combined.

To their credit, sportsbooks such as FanDuel Sportsbook, BetMGM and PointsBet promptly paid out the under bets on Green as winners.

However, DraftKings Sportsbook launched its own investigation into the affair and tried toDraftKIngs Golden Nugget Merger determine whether bets place on Green after 8.31pm ET constituted betting on a ‘known event’ and thus violated the site’s rules and regulations.

Following the game, the company released a statement on Monday saying that bets made on Green in the game were under review and that bet settlements were currently ‘on hold pending an investigation.”

However, on Tuesday DraftKings confirmed that not only would they honor bets made on Green as winning bets, but that they would also issue cash refunds to punters that had made bets on the Over markets on Green.

It is estimated that DraftKings paid out more than $1 million on Green props bets. Across the sports betting industry combined, estimates suggest multiple millions were paid out, most to bets place in those nine minutes between the Tweet and Tipoff.

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