[Urbanwildlife]

http://espn.go.com/chalk/story/_/id/...more-ever-2014

Nevada sports bettors wagered more -- and lost more -- than ever in 2014.
The state's 187 sportsbooks won $227.04 million off of the $3.9 billion wagered on sports in 2014. Both amounts are all-time records, according to Nevada Gaming Control.

Russell Wilson and the Seahawks' Super Bowl XLVIII victory was also a huge win for Nevada sportsbooks.


Football, per usual, carried the load. The sportsbooks won $113.73 million on college and pro football in 2014, a giant 40.73 percent increase from 2013. Overall, $1.74 billion was bet on football in 2014, $12 million more than in 2013. Nevada Gaming Control does not track pro and college football separately, but sportsbook managers estimate the NFL accounts for around 55-60 percent of their annual football handle.
The year got off to a big start, with the books winning a record $19.6 million on Super Bowl XLVIII between the Seattle Seahawks and Denver Broncos. It continued into this season. From September through December, the books are up $98.16 million on football.
In comparison, the books won $54.2 million on basketball and $21.2 million on baseball in 2014. Both numbers were down, 8.36 percent and 26.88 percent, respectively, from 2013.
The increase in sportsbooks offering online apps for wagering certainly played a role in the increase, according to Nevada Gaming Control senior research analyst Michael Lawton. Sportsbook operator CG Technology said 69 percent of bets were placed on its app in 2014. In addition to CG Technology, William Hill, Boyd Gaming and the South Point casino also offer mobile sports wagering.
"[Sports] betting volumes have set records in five consecutive years and win totals have set records in two consecutive years." Lawton said. "This year without a doubt, sports betting was the growth story."
Despite the growth, sports betting still has a long way to go to catch the other revenue-producing casino games. Nevada casinos won $1.06 billion on blackjack and $2.62 billion on penny slots in 2014.

[BigdaddyQH]

Good article Urban. This just show everyone how much money you guys are actually losing, no matter what you may claim. My guess is that the offshore numbers are about the same, but will not include the offshore books that just folded up and took their customers money with them. If you study these numbers, you will see that the books made over 40% more money than in 2013 on football, but only had a modest 7% increase in the amount wagered. That means that Joe Pub (which is 99% of you guys) lost your tails in 2014, and 2014 was a rather easy year to predict. The reason for this was rather obvious. Many people faded the big name favorites. Ohio State ended up 10-5 ATS. Oregon was 9-4-1. Those two ended up playing for all the marbles. Players tneded to fade the favorites from the Midwest and the Pac 12, and play the favorites from the SEC and Florida State. That did not work out real well. Alabama was 6-7-1. Florida State was 3-10.

Next season will be much more difficult for the people who decide to continue to try and make money wagering on College Football. Ohio State will be the obvious favorite to win it all again, but will be huge favorites because of a very easy schedule. The SEC will be a big time scramble. The West was killed in the post season while the East did quite well. Another reason for huge wagering losses by the players. The Pac 12 will be wide open. The ACC and Big 12 will battle it out to see who gets the fourth spot. Again, easy schedules will lead to huge lines.

Perhaps the biggest reason for the huge jump in sports book revenues is the age and attitude of the players. Many are between 21-35, think they know it all (just like many of the posters in here) and have to play "Mr. Macho" to prove a point to who knows whom. Vegas books lick their chops when you wanna-be's walk into their shops, knowing full well that you are probably loaded (booze wise) and will drop some decent coin, no matter who you wager on. You guys are lazy. You want to take the easy way out, but fail to realize that gaming is NOT the way to go. You are too easy to beat. Sure a few of you will do well, but it is just like Poker. Ocasionally a few younger macho players do well, but for every winner, there are 100's of losers out there. That is why I love playing poker in person against the young guys. They are so easy to beat because they are so easy to get off of their game.

[Dr.Gonzo]

You guys are lazy. You want to take the easy way out, but fail to realize that gaming is NOT the way to go. You are too easy to beat. Sure a few of you will do well, but it is just like Poker. Ocasionally a few younger macho players do well, but for every winner, there are 100's of losers out there. That is why I love playing poker in person against the young guys. They are so easy to beat because they are so easy to get off of their game.

I give you almost zero chance of beating the unshaven, hoodie wearing regs at your casino.

[BigdaddyQH]

I give you almost zero chance of beating the unshaven, hoodie wearing regs at your casino.

And like the rest of them, you would lose your worthless tail. Anytime, anyplace boy. I noticed that you did NOT say that you could beat me. Smart. Another clown who believes everything he sees on T.V.

[Dr.Gonzo]

And like the rest of them, you would lose your worthless tail. Anytime, anyplace boy. I noticed that you did NOT say that you could beat me. Smart. Another clown who believes everything he sees on T.V.

You don't strike me as the biggest maths and game theory guy, add a superiority/inferiority complex and you're not coming across that impressively. You'd want to be some kind of live reading genius to back up all your chest beating.

And what exactly are you doing to get young regs off their game? Sounds like bullshit.

[StackinGreen]

The books had a 1.058 ROI. Good, not great, but even better when the handle is what it was.

I think you are right, the cultural factors are creeping in and gambling, particularly on sports is getting more accepted as well as prominent with Bravado and appearances carrying the day (Mayweather tweeting 50k tickets). The problem is that the more popular this gets, the less likely Vegas gets to hold onto its unConstitutional position as the kingpin of sports betting. The culture will overcome them and you'll see it erode --- politicians will increasingly "realize" how unconstitutional the grandfather clause etc is when crazy money continues to be bet on sports, and they'll open it up. It's pretty clear at this point given Silver and everyone else's attitudes.

I was in Vegas earlier this year and their prices are a rip: Straights are ok but teasers and other options are worlds behind locals/offshores. It's actually embarrassing. They balk at 1-2k wagers all the time.

They have an OK product but if any state on the east coast got sports wagering Vegas would lose at least half of its handle. And it should.

[Killer_Demo]

And what exactly are you doing to get young regs off their game? Sounds like bullshit.

He tells them his job profession. USC shower-boy

[Urbanwildlife]

all you need to know is on this link!

http://www.sportsbookreview.com/foru...ck-pal-p4.html

[Killer_Demo]

all you need to know is on this link!

http://www.sportsbookreview.com/foru...ck-pal-p4.html

Yet you still look like this

[Slanina]

I wonder how much of that is from Floyd Mayweather...

[BigdaddyQH]

The books had a 1.058 ROI. Good, not great, but even better when the handle is what it was.

I think you are right, the cultural factors are creeping in and gambling, particularly on sports is getting more accepted as well as prominent with Bravado and appearances carrying the day (Mayweather tweeting 50k tickets). The problem is that the more popular this gets, the less likely Vegas gets to hold onto its unConstitutional position as the kingpin of sports betting. The culture will overcome them and you'll see it erode --- politicians will increasingly "realize" how unconstitutional the grandfather clause etc is when crazy money continues to be bet on sports, and they'll open it up. It's pretty clear at this point given Silver and everyone else's attitudes.

I was in Vegas earlier this year and their prices are a rip: Straights are ok but teasers and other options are worlds behind locals/offshores. It's actually embarrassing. They balk at 1-2k wagers all the time.

They have an OK product but if any state on the east coast got sports wagering Vegas would lose at least half of its handle. And it should.

Another attempt at a comment by a person with absolutely no idea of how things really are. Fools like you sang the same song when Atlantic City opened it's doors to gaming. The only thing that happened was that Vegas saw a huge INCREASE in their take. Atlantic ity is now all but shut down. What you have to realize is that people like you, who are nickel and dime players, are the ones that the offshore and locals live off of. I do not know where you were in Vagas, but I have NEVER seen a legitimate casino balk at a 2K wager. I think you are full of crap. Tell us the casino name, the type of wager, and the amount you were trying to wager that the casino wanted no part of. You do not know what a rip really is. I have been wagering for many more years than you have, so do yourself a favor and pass on the B.S.

[BigdaddyQH]

You don't strike me as the biggest maths and game theory guy, add a superiority/inferiority complex and you're not coming across that impressively. You'd want to be some kind of live reading genius to back up all your chest beating.

And what exactly are you doing to get young regs off their game? Sounds like bullshit.

Obviously you are NOT a poker player. There are several ways of doing this, and the young ones really fall for these things. First, you piss them off. Get them mad at you. Call them out. "Helmouth" them until they blow. Next. Distract them. If they drink, slow play them until they get drunk. A lot of them also get loaded. Another thing that the veterans of the games do is simply cheat the young pups to death. The young, macho clowns have no clue of how people get away with this. It is quite simple. Information can be passed between two players in the forms of wager amounts, comments, or a number of other tricks. Before you go running your mouth off, you had better make sure that the person you are talking to has not forgotten more about the subjet than you have ever known.

[StackinGreen]

Another attempt at a comment by a person with absolutely no idea of how things really are. Fools like you sang the same song when Atlantic City opened it's doors to gaming. The only thing that happened was that Vegas saw a huge INCREASE in their take. Atlantic ity is now all but shut down. What you have to realize is that people like you, who are nickel and dime players, are the ones that the offshore and locals live off of. I do not know where you were in Vagas, but I have NEVER seen a legitimate casino balk at a 2K wager. I think you are full of crap. Tell us the casino name, the type of wager, and the amount you were trying to wager that the casino wanted no part of. You do not know what a rip really is. I have been wagering for many more years than you have, so do yourself a favor and pass on the B.S.

Cantor Gaming at the Venetian, sweet 16, last 2 years bro. Get a clue. Also, I didn't say they wouldn't take the action, I said they "balked" --- do you know what that word means?

I was just at the Aria and they charged -130 for a 2 team 6 point teaser. That's rip city. I don't know anything though, so that must mean you pay that kind of vig, which would be idiotic so I hope you don't know any better.

I have no idea what your rant about AC was, never mentioned regular gambling, only sports.

Nickel and dime? Dude you have no clue. Vegas is nickel and dime. They won't even give you a drink ticket anymore for a dime wager, which I place all the time. Get the F outta here, I have bet in the 99th percentile as far as action is concerned here at SBR. Most are mom's basement dwellers at 25-50 a game (nothing wrong with that), but not me sir.

Quit your BS'ing, I've been there (Vegas) for the last 15 years, and no, you don't know more about sports gambling than I do. Notice I'm not saying I know more (which is probable, but i don't know) I'm saying you don't know more than I. Big difference. More language ideas for you to consider, Big Daddy