1. #1
    MartinBlank
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    Las Vegas Books made 724K profit on Super Bowl

    http://sports.espn.go.com/nfl/playof...ory?id=6101711


    LAS VEGAS -- Sports books in Nevada hung on to win just over $724,000 from Super Bowl bets despite heavy gambling on the Green Bay Packers and lots of scoring.
    The Nevada Gaming Control Board said Tuesday that $87.5 million were wagered on the NFL's championship game in 183 sports books across the state.
    Of those bets, casinos kept less than 1 percent.
    Green Bay beat the Pittsburgh Steelers 31-25 in Cowboys Stadium in Arlington, Texas, on Sunday night. The Packers were a 2½-point favorite in most Las Vegas casinos, giving their supporters a win with the six-point victory.
    The combined 56 points scored helped bettors who gambled that the total would go over about 45 points.
    Nevada casinos won $6.9 million on $82.7 million in Super Bowl bets last year.

  2. #2
    Dad
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    Thats all? So each sports book made $4k on average?

  3. #3
    edimax
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    That is not a big amount...i thought, that a Superbowl makes more money

  4. #4
    shaunovery
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    That's not bad considering the 3 FAvs all won the over packers ml and -2.5

  5. #5
    wrongturn
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    I guess if Steelers covered with score went under, they could have made $7 million this year.

  6. #6
    cankid
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    Some casinos in LV lost money on the game despite the large wagering menu with props....etc.... props usually have 30 cents lines so its all the props that help them when the favorite and over hits

  7. #7
    Doug
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    More importantly how did the offshores do ? We know vegas has to pay off. I'd have to think a few places lost money.

  8. #8
    cant call it
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    MB how you doing bro? way to post like a champion!

  9. #9
    d2bets
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    Wow, literally a couple bets made the difference. So narrow. Just goes to show, that was probably the worst result for the books, yet they still won. Of course they made the real money on booze, food, hotel, other casino, etc etc.

    The only thing now that can really kill Vegas is if the NFL somehow lost the season to lockout. Oh my, what a killer.

  10. #10
    Brock Landers
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    my heart bleeds that they ONLY made 700K

  11. #11
    Jonah
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    Vegas kind of hates the Superbowl. Harder to rig the game.

  12. #12
    rem sleep
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    they could've easily been in the red if someone made a million dollar bet on GB. Crazy.

  13. #13
    jjgold
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    Packers were pounded

  14. #14
    YorkHunt
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    WINNING SOMETHING is better than losing for them!

  15. #15
    HustleGetPaid
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    Damn a profit, but less than last year's Super Bowl...

  16. #16
    Sunde91
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    Just shows public betting % mean almost nothing w/o volume.

    60-70% on PITT ML, 50-55% on GB - points.

    Big money slammed GB from open to close; reflected in line and in Vegas barely profiting.
    Last edited by Sunde91; 02-08-11 at 02:40 PM.

  17. #17
    floridagolfer
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    That's chump change (if accurate).

  18. #18
    INVEGA MAN
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    Hilton lost but it could of been worse. Jay said the sharps lost because they bet Steelers late which saved them big time. This was written in the Las Vegas Review Journal yesterday

  19. #19
    VegasInsider
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    Like stated above, the fact they turned a profit is good considering all three public betting sides came in (Fav ML, spread and over). Not too mention, almost all teasers would have cashed and GB/Over parlays. They picked up their profit on props and those looking for value on Pitt ML

  20. #20
    Poster X
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    was not a good year for them. oh well.

  21. #21
    big0mar
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    Even when they lose, they win

  22. #22
    Brock Landers
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    who was Walters on?

  23. #23
    tenbas
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    Quote Originally Posted by Poster X View Post
    was not a good year for them. oh well.
    Actually it was pretty good. Not the best of all - but good. At least what I've heard from those in business.

  24. #24
    LLXC
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    700k from 6.9 mill last year, ouch, heh.

  25. #25
    blackbart
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    less than 1% is terrible. another article claims they lost, biggest loser since 94 super bowl

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