My buddy has been trying to tell me the sportsbooks have been losing more weeks than not so far this year. I say hell no. But he's convinced.... Anyone know? Stats I can throw at him? Apprec.
Is vegas up or down on the year in NFL?
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BallDontLieSBR High Roller
- 04-28-11
- 157
#1Is vegas up or down on the year in NFL?Tags: None -
allabout the $$$SBR Hall of Famer
- 04-17-10
- 9843
#2your buddy is right think in the doc from Legends interview he said the books have had like 4 or 5 good weeks dont quote me on that tho. but it has been a players year so far that is a FACTComment -
4TH AND STUPIDSBR MVP
- 08-08-09
- 2349
#3
books never lose because of juice...
the term books "lose" refers more to the fact that they didnt "win"... meaning they left potential profit behind from what could've been if underdogs came through or if "square" sides lost...
so in terms of what i have described, yes books have been losing more often than not this year in NFL, but im sure they will make it in 1 good week.Comment -
BrickJamesSBR Hall of Famer
- 05-05-11
- 9749
#4books never lose because of juice...
the term books "lose" refers more to the fact that they didnt "win"... meaning they left potential profit behind from what could've been if underdogs came through or if "square" sides lost...
so in terms of what i have described, yes books have been losing more often than not this year in NFL, but im sure they will make it in 1 good week.
I know for a fact that David Skalansky has busted at least one book.Comment -
PAULYPOKERBARRELED IN @ SBR!
- 12-06-08
- 36581
#5If I'm having a tuff year for maximum profit gains the books are also because I play on their side.........Comment -
SportsMushroomSBR MVP
- 09-28-10
- 4177
#6errr
ask your friend these questions
'how many gamblers do you know?'
and then 'how many of them are up lifetime'
noone is up lifetime, thats how you know that vegas is way up lifetimeComment -
byronbbSBR MVP
- 11-13-08
- 3067
#7vegas is surely winning at NFl this year. However I would be quick to agree they aren't having a great season. Now that the NFL is about "protecting the quarterback" scoring is up and that favours overs and public teams with good QBs.Comment -
SportsPedagogySBR MVP
- 02-13-11
- 3691
#8My grandfather used to run a book, then he quit the business but still works closely with a local, he said it has been an up and down season, there have been alot of sports where the public killed it. I am not sure if he is down though.Comment -
EastSideLVSBR High Roller
- 09-11-11
- 106
#9thats rediculous.. there are definitly people who are up lifetime. the vast majority of people are not and vegas is definitly up lifetime but there are people who make their living off betting.Comment -
k13SBR Posting Legend
- 07-16-10
- 18104
#10
perception != realityComment -
Inkwell77SBR MVP
- 02-03-11
- 3227
#11SportsMushroom is a moron, dude probably has never even been in a sportsbook.
It all depends on what sportsbook you are talking about in Vegas. Some books, Cantor, Coast Casinos, maybe even Hilton cater to bigger bets and sharp action. Other books, Stations, Jerry's Nugget, South Point/Palms, cater to more parlay type of bettors and are most likely up. I know that Cantor actually stopped allowing 1st half totals and 1st half sides in the same game to be parlayed together this season, most likely because they lost a lot of money allowing sharp guys to correlate these 1st half bets for large amounts.
There are a lot of people that believe that Cantor is down this season with college and nfl. Only a few people actually know what the figures are. If you just follow line movement one might conclude certain books are down money, but who knows.Comment -
DutchSBR MVP
- 09-21-10
- 4339
#12Vegas never loses because of losing parlays and other bullshit bets.Comment -
Tech N9neRestricted User
- 06-24-11
- 5366
#13Comment -
SportsMushroomSBR MVP
- 09-28-10
- 4177
#14SportsMushroom is a moron, dude probably has never even been in a sportsbook.
It all depends on what sportsbook you are talking about in Vegas. Some books, Cantor, Coast Casinos, maybe even Hilton cater to bigger bets and sharp action. Other books, Stations, Jerry's Nugget, South Point/Palms, cater to more parlay type of bettors and are most likely up. I know that Cantor actually stopped allowing 1st half totals and 1st half sides in the same game to be parlayed together this season, most likely because they lost a lot of money allowing sharp guys to correlate these 1st half bets for large amounts.
There are a lot of people that believe that Cantor is down this season with college and nfl. Only a few people actually know what the figures are. If you just follow line movement one might conclude certain books are down money, but who knows.Comment -
VegasPlayerSBR MVP
- 07-27-09
- 3676
#15Hilton has doubled minimum bet amount effective tommorrow, but you can play all the $2 parlay cards you want.Comment -
Ralphie HalvesSBR MVP
- 12-13-09
- 4507
#19Disagree. Doubling the price of crack won't make crackheads quit. Most bettors who do minimums normally put down numerous bets. Now they may just half that while still putting up the same amount of cash.Comment -
INVEGA MANSBR Hall of Famer
- 01-30-08
- 6800
#20the minimum was $5 and jumped to $10. by the way, when denver/san diego game went into overtime and they said line was a pick. people went rushing up to bet and when game was over, only a handfull was in line to collect. they made a killing on that overtime gameComment -
dfberger23SBR Hall of Famer
- 11-08-10
- 5069
#21The books always win.Comment -
lakerboySBR Aristocracy
- 04-02-09
- 94379
#22vegas always loses. the public always winsComment -
BrigadierPuddingSBR Wise Guy
- 11-07-09
- 617
#23Kornegay from the Hilton once said sportsbooks only have to win roughly 40% of the time to come out ahead due to parlays and other exotics.
This is probably a down year for them on CFB, but they're still ahead. They will always make a killing on the NFL. A donkey could take NFL bets and make money. If sportsbetting were a casino floor, the NFL would be the slot machines.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#24Vegas down
Public winningComment -
gamble9-5SBR Sharp
- 11-21-11
- 298
#25down big time but they will make some back tomorrow because the sheep are on eaglesComment -
Mr. PeepersSBR MVP
- 09-22-09
- 1425
#26For Vegas to be down in the short term is a blessing...How many gamblers do you know that are up longterm...they always come back and drop twice as much after a few wins..Comment -
Leo BelloSBR Sharp
- 09-23-11
- 267
#27Is he still around? Man, he has to be in his 60s. I think it's spelled Sklanski or Sklansky. Well, if he busted them, it's their fault. They should have booted him long ago. Sharp guy and nice fella. Poker used to be his forté about 20-25 years ago. Good mathematics guy.Comment -
tblues2005SBR Hall of Famer
- 07-30-06
- 9235
#28I think the public has been making a killing on the colleges this year without a doubt. I think the pros the books have done well.Comment
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