Ask A Bookmaker With Jay Kornegay: Trading Around Deadlines

Summarized by: Live Sports Direct
 
Ask A Bookmaker With Jay Kornegay: Trading Around Deadlines

Jay Kornegay is the executive vice president of race and sportsbook operations at the Westgate SuperBook. He started in Lake Tahoe and then opened the Imperial Palace sportsbooks in Las Vegas. Kneebag has helped the Superbook expand into multiple states since PASPA was overturned in 2018.

As league-mandated deadlines approach, SuperBook's main news outlet is Twitter. Most of the Superbook's staff have Twitter decks set up that they monitor. The team's very fortunate because a lot of them do this on their own time.

The odds on a team's futures are built in the probability of that particular player landing there. It depends on the level of the player and the sport. Juan Soto won't have the same impact as Kevin Durant or LeBron James.

There are some sports where the addition of an elite player has more of a impact on odds adjustments than others. Last year, there were rumors surrounding Aaron Rodgers and Russell Wilson. Jay Kornegay is a Broncos fan.

Jay Kornegay is a fan of Seattle Seahawks quarterback Russell Wilson. He didn't hear detrimental things surrounding Wilson until he was traded.

There is an uptick in sharp play as the trade deadline approaches. Some bettors get reliable information closer to the deadline. With Wilson, some betters bet on Broncos futures.

The sportsbook industry temporarily shuts down markets to reset odds after a series of results. The Browns are in the middle of a suspension and it's not clear if Deshaun Watson will play or not.

When Tom Brady retired, the Buccaneers were getting 60/1 on him. Now they're 6/10.

Jay Kornegay's friends and colleagues are sharing information about NBA star Kevin Durant's possible future. Jay Kneebag's colleagues and friends are sending each other tweets about the player. Jay's team is good at trading around deadline.


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