Sunday, May 5, 2024

South Carolina’s win over Caitlin Clark, Iowa sets women’s betting records

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Sunday's Iowa vs. South Carolina game broke women's betting records.
Sunday’s Iowa vs. South Carolina game broke women’s betting records.
Kirby Lee-USA TODAY Sports

Sports bettors smashed women’s college basketball on their betting apps for the Iowa-South Carolina Women’s national championship game.

The Gamecocks victory over the Hawkeyes generated a massive 205 percent increase in bets on FanDuel Sportsbook from last year’s title game, according to Ben Fawkes.

The event is now the biggest betting event in women’s sports history on FanDuel.

Compared to the national championship between Iowa and LSU last season, we saw a 155 percent increase in total money wagered on the championship games.

South Carolina, which won, 87-75, got tons of the bets against the spread (ATS) for Sunday’s game.

Over at BetMGM Sportsbook, South Carolina received 63 percent of the bets ATS, with the spread moving from 5.5 to 6.5 by game time in favor of the Gamecocks.

Pretty remarkable:@FDSportsbook reports that Iowa-South Carolina was single biggest women’s betting event of all time and had a 205% increase in bets and 155% increase in 💵 over the 2023 Iowa-LSU title game

— Ben Fawkes (@BFawkes22) April 8, 2024

They would go on to cover that spread, but Caitlin Clark’s Hawkeyes were getting so much public attention that bettors were hammering the futures market and moneyline for Iowa to win the national title.

Iowa opened at +200 on the moneyline and closed around +220 on BetMGM, despite 87 percent of bets and 73 percent of the outright handle being on the Hawkeyes prior to tipoff.

Caitlin Clark did all she could to will the Iowa Hawkeyes to victory.
Caitlin Clark did all she could to will the Iowa Hawkeyes to victory. Getty Images

South Carolina winning was a good result for BetMGM, although an Iowa cover would’ve made it even sweeter.

“Bettors are backing Caitlin Clark and Iowa to upset South Carolina in the National Championship game,” Matt Cosgriff, Director of Trading at BetMGM, told The Post prior to game time. 

Caitlin Clark will enter the 2024 WNBA Draft and is widely expected to be the No. 1 pick.
Caitlin Clark will enter the 2024 WNBA Draft and is widely expected to be the No. 1 pick. Getty Images

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“Iowa has been the sportsbook’s biggest liability all season on the futures market. South Carolina winning would be a positive result for BetMGM.”

Sunday’s big day for women’s sports was met with tons of fanfare, but the bookies had the last laugh.

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