Originally Posted by
TommieGunshot
Most notable differences between Las Vegas sportsbooks and online that I can think of (these might apply to all American sportsbooks compared to foreign ones):
-online has higher limits and has a global market
-Las Vegas sportsbooks will usually follow the global market, but only after taking action on whatever they have. But it doesn't take much action. On the small markets I like max bets are often as low as $300; whenever they're different from online books, they'll adjust after one bet.
-Scalps and arbitrage are available everyday.
-Las Vegas is regulated, they will pay with virtually zero issues. That's obvious, but extremely important. And while they do give heat and backoffs, it is hard and a rarity for them to completely kick someone out.
-Most Las Vegas sportsbooks have to answer to a casino and most of them have to answer to stock holders. They want the same consistency from the sportsbooks that they get from table games and machines. That means they would rather win $100,000 two weeks in a row, rather then win $300,000 one week and lose $50,000 the next.