The NBA Finals have led to some monstrous bets. Bettors have not been shying away from wagering on the matchup between the Denver Nuggets and the Miami Heat.
The series heads to Miami on Wednesday after the Heat gave the Nuggets their first home loss of the playoffs in Game 2 and equaled the series at one game a piece.
Despite Denver going on the road after losing momentum, there is one bettor who believes they have a massive edge on the Heat tonight.
Caesars Sportsbook took two bets from a bettor in Nevada totaling $3.5 million on the Nuggets in Game 3.
The bettor placed $750,000 on the Nuggets’ first half spread -1 and another $2.75 million on Nuggets -2.5 for the full game.
Denver opened as a 1.5-point favorite for Game 3. That line quickly moved to -2.5 and is currently -3 on most sportsbooks. BetMGM is offering -2.5 for those looking to back the high-roller bettor.
The Nuggets are currently garnering 68% of the public action, according to ActionLabs. It is likely Caesars and other sportsbooks will be rooting heavily for the Heat tonight.
Denver is 4-3 ATS on the road this postseason and 3-0 ATS in its last three road games. Miami is 5-3 ATS at home in the playoffs.
The Nuggets were close to -400 favorites on most books to win the series before Game 1. That line shot down to -275 at BetMGM and Caesars.
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