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.
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.
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.
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.
Holly Holm caused quite a surprise by delivering the Ronda Rousey upset loss in Melbourne that was the first in the career of Rowdy.
Many punters suffered big money losses and many won big and followers of sports scores news were stunned all over the planet. And the Ronda Rousey upset loss was very painful for land-based and online sportsbooks in Australia and all over the world.
Virtually all the US bookies recorded losses as Holm, who was a 8/1 underdog before the fight, delivered the disastrous last attack. Amongst the losers, MGM sportsbook became the biggest looser. The majority of the punters were backing the underdog, and this caused a six-figure loss to the bookie.
@SevereMMA @SeanSheehanBA Did you bet as much as this lad? pic.twitter.com/Hy1kO6qFjO
— Aaron Cullen (@Eire247) November 15, 2015
Lenny Fresquez, Holm’s agent and trainer revealed that they also cashed out quite an amount thanks to the odds that were so high. He said,”We made a lot of money. And thank you, Vegas, for putting the odds up like that. We got into some really good money. We got into six figures, I’ll put it that way.”
The Ronda Rousey upset loss shook Las Vegas quite heavily. However, some interesting results in Sunday’s NFL games helped them to recover quickly. Nine NFL underdogs managed to get away with a win in Sunday’s games.
For land-based and online sportsbooks in the US it was again the best Sunday in the season after their previous record in week 9. Bookies made the biggest money on the Detroit Lions beating heavy favorites Green Bay Packers. This helped Las Vegas and other US sportsbooks considerably to recover after the Ronda Rousey upset loss costed them big.
UFC 193 medical suspensions: Ronda Rousey potentially out until May 2016 (@guicruzzz) https://t.co/mWD892ZMBk pic.twitter.com/gWgFdLHHuh — MMAFighting.com (@MMAFighting) November 17, 2015
This was the second NFL weekend in a row that tricked US bettors in states where gambling laws allow the operation of land-based and online sportsbooks. However, next week there will be a list of cool NFL matchups that might help punters to make some money on professional football.
Holly Holm caused quite a surprise by delivering the Ronda Rousey upset loss in Melbourne that was the first in the career of Rowdy.
Many punters suffered big money losses and many won big and followers of sports scores news were stunned all over the planet. And the Ronda Rousey upset loss was very painful for land-based and online sportsbooks in Australia and all over the world.
Virtually all the US bookies recorded losses as Holm, who was a 8/1 underdog before the fight, delivered the disastrous last attack. Amongst the losers, MGM sportsbook became the biggest looser. The majority of the punters were backing the underdog, and this caused a six-figure loss to the bookie.
@SevereMMA @SeanSheehanBA Did you bet as much as this lad? pic.twitter.com/Hy1kO6qFjO
— Aaron Cullen (@Eire247) November 15, 2015
Lenny Fresquez, Holm’s agent and trainer revealed that they also cashed out quite an amount thanks to the odds that were so high. He said,”We made a lot of money. And thank you, Vegas, for putting the odds up like that. We got into some really good money. We got into six figures, I’ll put it that way.”
The Ronda Rousey upset loss shook Las Vegas quite heavily. However, some interesting results in Sunday’s NFL games helped them to recover quickly. Nine NFL underdogs managed to get away with a win in Sunday’s games.
For land-based and online sportsbooks in the US it was again the best Sunday in the season after their previous record in week 9. Bookies made the biggest money on the Detroit Lions beating heavy favorites Green Bay Packers. This helped Las Vegas and other US sportsbooks considerably to recover after the Ronda Rousey upset loss costed them big.
UFC 193 medical suspensions: Ronda Rousey potentially out until May 2016 (@guicruzzz) https://t.co/mWD892ZMBk pic.twitter.com/gWgFdLHHuh — MMAFighting.com (@MMAFighting) November 17, 2015
This was the second NFL weekend in a row that tricked US bettors in states where gambling laws allow the operation of land-based and online sportsbooks. However, next week there will be a list of cool NFL matchups that might help punters to make some money on professional football.