PointsBet Freezes Browns’ Super Bowl Odds in Wake of Odell Beckham Jr. Trade

Despite the trade, PointsBet has frozen the Cleveland Browns Super
Bowl odds at +3000

EXCHANGE PLACE, N.J.–(BUSINESS WIRE)–Online bookmaker PointsBet has announced that they have frozen Super
Bowl 54 odds for the Cleveland Browns in the wake of last night’s trade
for Giants wide receiver, Odell Beckham Jr.

The Cleveland Browns, who have also agreed to sign defensive tackle
Sheldon Richardson and Linebacker Olivier Vernon this off-season, and
picked up star quarterback Baker Mayfield in last year’s draft, are now
being looked at as a more serious contender for the upcoming NFL season.
PointsBet isn’t jumping on this bandwagon.

“We’ve already seen a massive overreaction to this trade,” said
PointsBet US CEO, Johnny Aitken. “We believe 2020 will be yet another
Super Bowl-less season for the Browns, and that’s why we’re confident
enough to issue an odds freeze at 30-1, despite most sportsbooks moving
the odds to around 16-1.”

The blockbuster trade sent ripples across the United States, with nearly
every sportsbook in Nevada and New Jersey drastically adjusting their
Super Bowl odds on the Browns. PointsBet has proven numerous times that
it won’t be swayed by the overreactions of its competitors.

“PointsBet will continue to take a position on futures markets with the
Browns now 10 times our worst result,” Aitken said. “We are a bookmaker
and we are here to take bets.”

Giants fans were left in a mix of shock and disappointment, while
Cleveland fans are suddenly feeling extremely optimistic about the
season to come. The Giants received a first round draft pick (#17) for
the 2019 NFL draft, a third round draft pick, and safety Jabrill Peppers
in return. During last year’s 5-11 Giants’ season, Beckham was
responsible for 77 receptions for 1,052 yards, scoring six touchdowns.

To place a bet on the Browns reaching Super Bowl 54, and to learn more
about PointsBetting, please visit www.PointsBet.com.

About PointsBet

PointsBet is a US Sportsbook originally founded in Australia. The
company is a cutting-edge bookmaker that prides itself on having the
quickest and easiest to use app (iOS and Android) and providing the best
content and best experience for sports bettors. PointsBet offers the
most markets on all 4 major US sports (NFL, NBA, MLB, NHL) and points
betting in the world, including up to 1000 markets per NBA game.

Contacts

Media: Danielle Montana, North 6th Agency, Inc. (For PointsBet)
PointsBet@n6a.com