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Bookmaker offering odds on Antonio Brown trade

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Further proof that bookmaking is a license to print money.

The Pittsburgh Steelers are not trading Antonio Brown. He is clearly a little frustrated with some issues, but a trade is not happening. We can joke about it until the trade deadline, but hopefully nobody seriously thinks something will happen.

That being said, this is another instance that proves why it is easy to make money as a bookmaker. The folks at Bookmaker.eu decided to put together a prop bet asking which team Brown will be playing for on November 15. It opened with the Pittsburgh Steelers favored at -2000 (1/20), the Cleveland Browns and Arizona Cardinals as the non-Steelers favorite at 10/1, and our San Francisco 49ers installed at 28/1.

The odds update regularly, and the Steelers are now -1893. The Philadelphia Eagles opened at +1600 (16/1), and have since dropped to +1376. Additionally, “Field” opened at +1200 (12/1) and is now +1065. We don’t know for certain who is betting what, but that suggests some money has come in on those two and the bookmakers want to even it out a bit.

The Steelers would incur over $28 million in dead money if they traded Brown. It would be split $7 million this year, and the remainder in 2019. Suffice to say, the Steelers are not trading him. You could win a few bucks betting on the Steelers, but it would be a very small amount of money. Based on the current odds, you have to bet $1,893 to win $100. Sure, it’s a few bucks won, but more than likely, they’re taking in a few bets on longshots from people that figure, what the heck, maybe we’ll be surprised. Those bets likely will be more than enough to compensate if not go beyond bets on the Steelers to retain him.

All of that is to say, it’s a sucker bet and the best example of why sportsbooks make money hand over fist.