Football Betting in Vegas Keeps Getting Bigger
Punters tend to bet more and more this year and while they are loosing less than in the previous years, football betting in Vegas expects another record-breaking year.
That would be the fourth straight year when football betting in Vegas broke the record. Punters are doing extremely well this season, however weekends packed with upsetting sports scores in the NFL like week 9 and 10 help Las Vegas sportsbooks a lot to be still in reach for another record-breaking season.
MGM Sportsbook vice president Jay Rood told that football betting in Vegas is up by roughly 10% according to their books. However, the amount of money that the bookies can keep, the hold percentage, is slightly lower than last year at the moment.
Rood said, “Our handle is up, but we just haven’t been able to capitalize on it. Dollar for dollar, we’re just a little behind last year. It seems worse than it’s really been. If you look just at the [hold] percentage you’d think we were getting killed, but really we’re not.”
Injuries forced Peyton Manning to sit. The Denver QB job may not be open when he returns: https://t.co/Gqrd0fxVlH pic.twitter.com/SCeac4Kiu9
— ESPN (@espn) November 17, 2015
Football betting in Vegas produced its finest years in the previous three seasons. The Nevada Gaming Control accounted that all sports betting produced a $227 million profit for Nevada sportsbooks in 2014, which was $25 million more than the previous record in 2013. Roughly $113 million of the 2014 profits was produced by football betting in Vegas.
Experts of gambling facts might remember that the previous record was $91 million from 2006. The year when among others the New Orleans Saints tricked football betting in Vegas, recovering quickly after the Katrina and going to the NFC Championship game.
ESPN: Vegas books on pace for another big football year
After a heavy start to the 2015 NFL season, Las Vegas sportsbooks came back in October and November. Operators offering football betting in Vegas were helped by some hectic results and underperforming and/or surprisingly struggling teams.
Westgate Superbook’s head football oddsmaker, Ed Salmons revealed that they actually needed Denver and Green Bay to win to complete their third winning weekend in a row. “Which is just so weird, needing those teams,” he said, and it was actually funny to see those clubs being priced rightfully as underdogs before the game.
A look at the final numbers. #GBvsMIN pic.twitter.com/vZTizxJTpJ — Green Bay Packers (@packers) November 23, 2015
He added, “At the end of the day, it’s probably rounding into just an average season. Our handle from September and October was up over last season, and we’re under construction.”
It seems that it is really worth to bet on football this season, as bettors are doing extremely well this year according to online gambling news. Though results are sometimes hard to predict, the NFL has always been a league that is fun and profitable to bet on at land based and online sportsbooks in the US, thanks to the available selection of money line, point spread, total score and half time markets plus the list of prop bets.
- 50% Signup Bonus
- Parlay Payback
- Prop of The Week Rewards
- Weekly Racebook Rewards
- Refer a Friend Bonus
- Top Coverage of US Sports
- 100% Welcome Bonus
- Back of the Net (free bet up to £25)
- Aintree Grand National 2014: Non-Runner Free Bet
- Live Streaming Games
- Horse Racing - Best Odds Guaranteed
- Horse Racing - Live Racing on Your PC
Punters tend to bet more and more this year and while they are loosing less than in the previous years, football betting in Vegas expects another record-breaking year.
That would be the fourth straight year when football betting in Vegas broke the record. Punters are doing extremely well this season, however weekends packed with upsetting sports scores in the NFL like week 9 and 10 help Las Vegas sportsbooks a lot to be still in reach for another record-breaking season.
MGM Sportsbook vice president Jay Rood told that football betting in Vegas is up by roughly 10% according to their books. However, the amount of money that the bookies can keep, the hold percentage, is slightly lower than last year at the moment.
Rood said, “Our handle is up, but we just haven’t been able to capitalize on it. Dollar for dollar, we’re just a little behind last year. It seems worse than it’s really been. If you look just at the [hold] percentage you’d think we were getting killed, but really we’re not.”
Injuries forced Peyton Manning to sit. The Denver QB job may not be open when he returns: https://t.co/Gqrd0fxVlH pic.twitter.com/SCeac4Kiu9
— ESPN (@espn) November 17, 2015
Football betting in Vegas produced its finest years in the previous three seasons. The Nevada Gaming Control accounted that all sports betting produced a $227 million profit for Nevada sportsbooks in 2014, which was $25 million more than the previous record in 2013. Roughly $113 million of the 2014 profits was produced by football betting in Vegas.
Experts of gambling facts might remember that the previous record was $91 million from 2006. The year when among others the New Orleans Saints tricked football betting in Vegas, recovering quickly after the Katrina and going to the NFC Championship game.
ESPN: Vegas books on pace for another big football year
After a heavy start to the 2015 NFL season, Las Vegas sportsbooks came back in October and November. Operators offering football betting in Vegas were helped by some hectic results and underperforming and/or surprisingly struggling teams.
Westgate Superbook’s head football oddsmaker, Ed Salmons revealed that they actually needed Denver and Green Bay to win to complete their third winning weekend in a row. “Which is just so weird, needing those teams,” he said, and it was actually funny to see those clubs being priced rightfully as underdogs before the game.
A look at the final numbers. #GBvsMIN pic.twitter.com/vZTizxJTpJ — Green Bay Packers (@packers) November 23, 2015
He added, “At the end of the day, it’s probably rounding into just an average season. Our handle from September and October was up over last season, and we’re under construction.”
It seems that it is really worth to bet on football this season, as bettors are doing extremely well this year according to online gambling news. Though results are sometimes hard to predict, the NFL has always been a league that is fun and profitable to bet on at land based and online sportsbooks in the US, thanks to the available selection of money line, point spread, total score and half time markets plus the list of prop bets.
- 50% Signup Bonus
- Parlay Payback
- Prop of The Week Rewards
- Weekly Racebook Rewards
- Refer a Friend Bonus
- Top Coverage of US Sports
- 100% Welcome Bonus
- Back of the Net (free bet up to £25)
- Aintree Grand National 2014: Non-Runner Free Bet
- Live Streaming Games
- Horse Racing - Best Odds Guaranteed
- Horse Racing - Live Racing on Your PC
Tags: 2015 NFL season, football betting in vegas, gambling facts, Las Vegas sportsbooks, Nevada Gaming Control, Online gambling news, online sportsbooks in the US, sports scores