Vegas took in 151 mil last year

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  • JR007
    SBR Hall of Famer
    • 02-21-10
    • 5279

    #1
    Vegas took in 151 mil last year
    49% nfl
    22% nba
    14% mlb

    pretty obvious betting nfl is a" losing" proposition
  • Vegas_bond
    SBR Wise Guy
    • 12-09-09
    • 624

    #2
    MLB looks good for punters.
    Comment
    • lemart5
      SBR MVP
      • 01-12-11
      • 2818

      #3
      They took in more than that you ass crack with regular revenues.
      Comment
      • Fishhead
        SBR Aristocracy
        • 08-11-05
        • 40179

        #4
        Originally posted by Vegas_bond
        MLB looks good for punters.

        Baseball is a Vegas bookies nightmare...............for most anyways.

        They can't cover the nut(expenses) with the low hold percentage.
        Comment
        • BIGDAY
          SBR Aristocracy
          • 02-17-10
          • 48245

          #5
          Hit a nice MMA parlay last time I was in Vegas!
          Comment
          • SpreadSniper
            SBR Hall of Famer
            • 02-17-09
            • 6125

            #6
            thats odd.... I have consistently made more money betting NFL than any other sport over the passed 4-5 years.
            Comment
            • d2bets
              BARRELED IN @ SBR!
              • 08-10-05
              • 39995

              #7
              Originally posted by SpreadSniper
              thats odd.... I have consistently made more money betting NFL than any other sport over the passed 4-5 years.
              In Vegas?
              Comment
              • SpreadSniper
                SBR Hall of Famer
                • 02-17-09
                • 6125

                #8
                Originally posted by d2bets
                In Vegas?
                not in vegas....

                a line is still a line tho, wheter its in vegas or my backyard, whats the difference?
                Comment
                • Sawyer
                  SBR Hall of Famer
                  • 06-01-09
                  • 7761

                  #9
                  Originally posted by jr007
                  49% nfl
                  22% nba
                  14% mlb

                  pretty obvious betting nfl is a" losing" proposition
                  Nhl?
                  Comment
                  • tblues2005
                    SBR Hall of Famer
                    • 07-30-06
                    • 9235

                    #10
                    They have a lot more action on the NFL and College football.
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      All sports tough

                      Pick your spots
                      Comment
                      • vyomguy
                        SBR Hall of Famer
                        • 12-08-09
                        • 5794

                        #12
                        thats coz they get the most action on NFL....people dont bet on MLB that much.

                        they get 10 times the action in NFL as compared to MLB.
                        Comment
                        • Rich Boy
                          SBR Hall of Famer
                          • 02-01-09
                          • 9714

                          #13
                          Originally posted by vyomguy
                          thats coz they get the most action on NFL....people dont bet on MLB that much.

                          they get 10 times the action in NFL as compared to MLB.
                          I believe that

                          Those % are useless without the actual amount wagered per sport.
                          Comment
                          • hubie69
                            SBR Hall of Famer
                            • 09-16-10
                            • 7329

                            #14
                            Originally posted by jjgold
                            All sports tough

                            Pick your spots

                            JJ, what spots are you picking today?
                            Comment
                            • Scorpion
                              SBR Hall of Famer
                              • 09-04-05
                              • 7797

                              #15
                              The reason its only 14% is because squares dont bet on MLB, if they did I bet it would be over 40%

                              Vegas books still made money on MLB

                              You cant win betting sports
                              Comment
                              • Sawyer
                                SBR Hall of Famer
                                • 06-01-09
                                • 7761

                                #16
                                If NFL is 49%, NBA %22 and MLB is %14 then hockey is %15? (should be lower then %5 imo)
                                Comment
                                • Cabo
                                  SBR Hall of Famer
                                  • 09-07-06
                                  • 5274

                                  #17
                                  What then is the percantage wagered on College sports?
                                  Comment
                                  • Ralphie Halves
                                    SBR MVP
                                    • 12-13-09
                                    • 4507

                                    #18
                                    That 49% is due to sheer volume bet, and PARLAY CARDS. At South Point on NFL Sundays, there are three separate lines at the window just for dumbass parlay card players. Books make bank off those things. So much so, that they'll take out tons of money just to advertise them on TV.
                                    Comment
                                    • ryanjep
                                      SBR MVP
                                      • 12-09-08
                                      • 2556

                                      #19
                                      have to agree with the volume statements but still think its the toughest sport
                                      Comment
                                      • sneak-a-peak
                                        SBR MVP
                                        • 11-07-09
                                        • 1373

                                        #20
                                        ya football is not beatable long term..... sure you can have some good seasons but forget about beating it year in and year out

                                        with the right approach mlb and then to a lesser degree nba is where its at!
                                        Comment
                                        • pozzy
                                          SBR Wise Guy
                                          • 07-02-09
                                          • 507

                                          #21
                                          I need to start betting more baseball lol..
                                          Comment
                                          • maxvalue1
                                            SBR Sharp
                                            • 11-08-10
                                            • 350

                                            #22
                                            Do you know if there gross handle is up this year?...was thinking people are not spending what they use to
                                            Comment
                                            • romecloneout
                                              SBR MVP
                                              • 02-06-11
                                              • 2243

                                              #23
                                              wow, would have thought they made more than that
                                              Comment
                                              • jarvol
                                                SBR Hall of Famer
                                                • 09-13-10
                                                • 6074

                                                #24
                                                $151 million plus Teddy's house.
                                                Comment
                                                • pavyracer
                                                  SBR Aristocracy
                                                  • 04-12-07
                                                  • 82840

                                                  #25
                                                  People who live in Vegas are bad gamblers. What the heck do they know about NFL when their city doesn't have a team?
                                                  Comment
                                                  • Bill Dozer
                                                    www.twitter.com/BillDozer
                                                    • 07-12-05
                                                    • 10894

                                                    #26
                                                    Right, they paid the most winners in NFL too.
                                                    Comment
                                                    • DwightShrute
                                                      SBR Aristocracy
                                                      • 01-17-09
                                                      • 103459

                                                      #27
                                                      Originally posted by pavyracer
                                                      People who live in Vegas are bad gamblers. What the heck do they know about NFL when their city doesn't have a team?
                                                      no hockey betting for you next year
                                                      Comment
                                                      • d2bets
                                                        BARRELED IN @ SBR!
                                                        • 08-10-05
                                                        • 39995

                                                        #28
                                                        Originally posted by SpreadSniper
                                                        not in vegas....

                                                        a line is still a line tho, wheter its in vegas or my backyard, whats the difference?
                                                        With that attitude, I'm rather surprised you could beat the NFL.
                                                        Comment
                                                        • JR007
                                                          SBR Hall of Famer
                                                          • 02-21-10
                                                          • 5279

                                                          #29
                                                          Yeah: i heard this on sports radio so I cannot give you any more than what I heard......makes sense though.....NFL is tough
                                                          Las Vegas Sports Betting Revenue ( 2009)

                                                          Below are the numbers that Las Vegas casinos made in revenue from sports betting in 2009:
                                                          Overall
                                                          Total Amount Bet - $2.4 Billion
                                                          Total Casino Win (revenue) - $136.3 Million
                                                          Win Percentage (percent of money played that casino kept) – 5.31%
                                                          Football
                                                          Total Amount Bet - $1.0 Billion
                                                          Total Casino Win - $48.6 Million
                                                          Win Percentage – 4.45%
                                                          Basketball
                                                          Total Amount Bet - $802.5 Million
                                                          Total Casino Win - $38.2 Million
                                                          Win Percentage – 4.76%
                                                          Baseball
                                                          Total Amount Bet - $488.5 Million
                                                          Total Casino Win - $21.4 Million
                                                          Win Percentage – 4.38%
                                                          Parlay Cards
                                                          Total Amount Bet - $58.9 Million
                                                          Total Casino Win - $19.2 Million
                                                          Win Percentage – 32.57%
                                                          Other
                                                          Total Amount Bet - $126.0 Million
                                                          Total Casino Win - $8.8 Million
                                                          Win Percentage – 6.98%
                                                          Comment
                                                          • JR007
                                                            SBR Hall of Famer
                                                            • 02-21-10
                                                            • 5279

                                                            #30
                                                            Originally posted by Sawyer
                                                            If NFL is 49%, NBA %22 and MLB is %14 then hockey is %15? (should be lower then %5 imo)
                                                            clear your messages dude
                                                            Comment
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