Nevada books take in all-time highest handle in November

Nevada sportsbooks set an all-time handle record in November, taking $490.3 million worth of wagers last month. That broke the previous high mark of $447.6 million set last November, according to the Nevada State Gaming Control Board.

Overall, Nevada sportbooks earned $30.6 million in November 2013, a slight increase from the $30.3 million won in October 2013.

Books continued to score big on football betting in November, breaking the single-month football handle record for the third straight month, taking in $355.6 million on NFL and college football. That handle paid out $24.3 million to sportsbooks with a hold of 6.84 percent in November.

Nevada books opened the football season with a record-setting handle of $337 million in September and topped that with a football handle of $342.7 million in October. Those wagers earned $27.9 million and $18.1 million in those two months respectively, bringing Nevada’s season football earnings (September to November) to $70.3 million.

November’s football earnings were a 559.74 percent improvement over November 2012 when Nevada sportsbooks lost $5.3 million on football betting but set the previous record for highest monthly handle at $ 335.9 million.

Books earned $3.27 million on basketball betting in November – NBA and NCAAB – an improvement on the $1.7 million won in October.

Sports tagged as “other”, which include hockey, boxing, MMA, tennis, golf, auto racing and soccer, brought in $5.4 million for Nevada sportsbooks in November, an increase from the $4.4 million won in October.

Outstanding baseball bets cost books $4.3 million in November after winning $35.4 million (April-October) on baseball betting this season. These losses a common after a season finishes due to the fact that no money is being bet on the sport and only outstanding wagers are being paid out.

Nevada casinos celebrated a total gaming win of $875,968,501 in November – an 11.91 percent increase from November 2012.

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Posted by pluto15
6 months ago

WOW the great Dave Cokin give out his bowl game of year today. (BOSTON COLLEGE) so what you think about these covers experts now ???? ha ha I see these experts are keeping up there motto. lose and take suckers money. you people that pay dirt bags like the garbage faced Cokin should wake up some day and come over to our side. we don't give false promises like they do. your choice
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Posted by pluto15
6 months ago

WOW the great Dave Cokin give out his bowl game of year today. (BOSTON COLLEGE) so what you think about these covers experts now ???? ha ha I see these experts are keeping up there motto. lose and take suckers money. you people that pay dirt bags like the garbage faced Cokin should wake up some day and come over to our side. we don't give false promises like they do. your choice
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Posted by Thel3g1t0ne
6 months ago

and thats why the casinos help us with taxes. sucks to not live in las vegas
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Posted by tomnolan
6 months ago

every state should have that opportunity!!!!
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Posted by JTNM60
6 months ago

The only people that make money betting on sports are the books and the athletes that play.
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Top Response

Posted by tomnolan
6 months ago

"every state should have that opportunity!!!!"