Louisiana Legalizes Sports Betting! Plus Fade the Public Friday Sharp Report

June 4, 2021 02:03 AM

It seems like every other week a new state in America legalizes sports betting. We saw the trend continue on Thursday when the Louisiana House voted 78-15 in favor of Senate Bill 247, which would bring legalized betting to the Bayou. The Senate had already passed the bill 31-6. The bill now heads to Gov. John Bel Edwards' desk, who is expected to sign it into law as soon as next week. The bill will allow both mobile and retail betting, with the possibility of nearly 40 different online sportsbooks available to the public. If all goes well and the regulations are agreed to quickly, Louisiana sports betting could be up and running in time for NFL Week 1 this Fall. 

Louisiana is home to some of the most passionate football fans (and bettors) in the country. The Louisiana bill allows for betting on both college and pro teams as long as you are 21 and physically located within state boundaries. There are also no "in-state" betting roadblocks, which means bettors can wager on college teams like LSU, as well as pro teams like the Saints and Pelicans. Louisiana's population is roughly 4.6 million, making it in the 25th most populous state in the country. Louisiana had previously voted in favor of legalized sports betting in 2020, with 55 of the state's 64 parishes in support. This latest bill will now set up a legalized betting framework for the entire state.

Now it's on to Fade the Public Friday, where we have a loaded betting menu to choose from including 15 MLB games, 1 NBA playoff game and 2 NHL playoff games. For an updated breakdown of Thursday's betting action, be sure to tune in to the VSiN Market Insights Podcast with Josh Appelbaum. It will be posted at 1 p.m. ET. I'll be joining The Lombardi Line with Michael Lombardi and Patrick Meagher at 1:30 p.m. ET to offer a market update.

In the meantime, let's discuss where the money is flowing for tonight's NBA playoff game...

9 p.m. ET: Los Angeles Clippers at Dallas Mavericks

This is Game 6 of the West first round. The Mavericks lead the series 3-2 and can punch their ticket to the second round with a victory tonight. Dallas is coming off a 105-100 win in Game 5, winning outright as 7.5-point road dogs. Tonight's Game 6 line opened with Los Angeles listed as a 2-point road favorite. Respected money has rushed to the window to lay the points with the Clippers, driving Los Angeles up from -2 to -2.5. Short favorites -5 or less are 18-8 ATS (69%) this postseason. The road teams are a perfect 6-0 straight up so far this series. Road favorites are 8-1 ATS (89%) overall this postseason. The total hasn't budged off the opener of 216.5. The under is 3-2 this series. If the total is less than 220, the under is 12-6 (67%) this postseason. Leading 3-2, the Mavericks are -160 favorites to win the series. The Clippers are + 130 dogs to come back and win the series. 

BONUS MLB

8:15 p.m. ET: Cincinnati Reds (25-29) at St. Louis Cardinals (31-26)

The Reds upset the Cardinals 4-2 in yesterday's series opener, cashing as + 130 road dogs. In tonight's rematch, Cincinnati sends out righty Luis Castillo (1-8, 7.22 ERA) while St. Louis counters with lefty Kwang Hyun Kim (1-3, 3.65 ERA). This line opened with the Cardinals listed as a short -125 home favorite and the Reds a + 115 road dog. Sharps have pounced on the Cardinals in a bounce back spot, steaming St. Louis up from -125 to -135. Home teams with steam of 10+  cents in their favor are 172-125 (58%) this season. The Reds are just 1-10 in games started by Castillo this season. The Cardinals are 5-3 in games started by Kim. The Cardinals are 15-11 at home this season and 16-8 as a favorite. St. Louis also has value as a favorite with a low total (8 or 8.5 under -120). Historically, low totals have benefited favorites as the fewer amount of expected runs scored are more likely to come from the better team. 

8:40 p.m. ET: Oakland Athletics (33-25) at Colorado Rockies (23-34)

Both of these Interleague foes enter on a hot streak, as the Athletics just took two of three at Seattle and the Rockies just swept the Rangers in three straight at home. In tonight's series opener, Oakland gives the ball to righty Frankie Montas (5-5, 4.45 ERA) and Colorado taps fellow righty Jon Gray (4-5, 3.71 ERA). This line opened with Oakland listed as a short -125 road favorite and Colorado a + 115 home dog. Sharps have gotten down on the A's, driving this line up from Oakland -125 to -130. Interleague favorites with a line move in their favor are 38-24 (61%) this season). The Athletics also have a rest advantage in this one, as Oakland is coming off an off day while the Rockies played yesterday. Rested non-division favorites against teams on a back-to-back are 17-8 (68%) this season. Oakland is + 1 in run differential. Colorado is -34. The Athletics are 22-14 as a favorite. The Rockies are 16-30 as a dog. Pros have also targeted this over, pushing the total up from 10.5 to 11 at some shops. 

Remember to check the VSiN Betting Splits every day for money and ticket counts so you can tell who the public is betting on.

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