The more teams keep losing to the Baltimore Orioles, the more likely it is sportsbooks end up as massive losers too.
Once thought to be among the worst teams in baseball, Baltimore has surged up the standings in recent weeks. And they caught the attention of bettors on the way—becoming the most profitable team to wager on.
At the start of June, the Orioles had 500-1 odds to win the World Series at Tipico Sportsbook, tied for the longest in all of baseball. On Wednesday, those odds were down to 200-1 — still long, but now tied with two teams ahead of 10 others. That movement coincides with a push from nine games under .500 on July 2 to a 46-46 record entering the All-Star break, including a 10-game winning streak. It’s made them a seven-figure liability for sportsbooks, according to a report from ESPN’s David Purdham.
