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Author: [NFL Betting] Topic: Vegas took a bath
clepto
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#51
Posted: 2/4/2013 1:09:49 AM
All is well now. FML 
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#52
Posted: 2/4/2013 1:11:48 AM
QUOTE

Originally Posted by clepto:

They move the line on sharp money. They fucked up. 

With all due respect, I disagree with this statement.

How could this work?  Sharp money comes in at the MGM in Vegas on niners, and then sharp money comes in at Pinnacle on Ravens?

Until how this works - I am a believer in "money moves the line".  Period.  Especially on something like a super bowl.  This isnt a college hoops total in the MAC.

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#53
Posted: 2/4/2013 1:15:25 AM
Vanzack I respect you as much as anyone in this degenerate Wonderland. You're wrong, they knew about Mantei Teo, missed the boat today. Payback is a girl. Year of the square in the NFL. You're not square, give me an honest unit assessment on your season?
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clepto
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#54
Posted: 2/4/2013 1:16:51 AM
I believe the opposite. I believe sharp money is the only thing that matters. Especially in a Super Bowl. 
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#55
Posted: 2/4/2013 1:18:36 AM
QUOTE

Originally Posted by clepto:

Vanzack I respect you as much as anyone in this degenerate Wonderland. You're wrong, they knew about Mantei Teo, missed the boat today. Payback is a girl. Year of the square in the NFL. You're not square, give me an honest unit assessment on your season?

Not debating you at all on your assessment of this season.  Very square.  Lots of favs.

Just confused about this particular game, and Im not pretending like I know anything because I dont.  Really an honest attempt to get opinions or maybe someone actually knows something about the process.

It just doesnt make sense that books didnt make money today.  And I am just wondering about how that the line would go against the eventual winner in such a big game, and they not make money (on the spread and ML only).

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#56
Posted: 2/4/2013 1:19:03 AM
I'm sure covers.com will have a report soon. Public made good on the Over.
Posted using a mobile device.
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clepto
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#57
Posted: 2/4/2013 1:20:13 AM
They lost. Someone prove me wrong?
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#58
Posted: 2/4/2013 1:22:02 AM
QUOTE Originally Posted by vanzack:

I misunderstood.  But I was really just asking.  Sorry if it came off harsh.



I apologize for being "snappy" its the Wheat beer and influx of purple cash( Poor excuse)

NO hard feelings?...I poorly conveyed the fact that I have much respect for your opinion on this site and always value input 





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#59
Posted: 2/4/2013 1:25:03 AM
QUOTE Originally Posted by BadGnOmens:



I apologize for being "snappy" its the Wheat beer and influx of purple cash( Poor excuse)

NO hard feelings?...I poorly conveyed the fact that I have much respect for your opinion on this site and always value input 





All good. 

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clepto
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#60
Posted: 2/4/2013 1:46:39 AM
QUOTE Originally Posted by vanzack:

Not debating you at all on your assessment of this season.  Very square.  Lots of favs.

Just confused about this particular game, and Im not pretending like I know anything because I dont.  Really an honest attempt to get opinions or maybe someone actually knows something about the process.

It just doesnt make sense that books didnt make money today.  And I am just wondering about how that the line would go against the eventual winner in such a big game, and they not make money (on the spread and ML only).


I'm no Billy Walters, but I like to believe I understand the system. God knows I spend enough time on this S H I T. The mysterious group of no names who get it right more times then not, some call them the LVSC, I call them ISR. (Internal Sports Revenue) missed the boat tonight and really had a bad season. It's a fact, just don't expect a front page story. Good news for them, always next year...
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#61
Posted: 2/4/2013 1:50:14 AM
But what the hell do I know. :(
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#62
Posted: 2/4/2013 1:53:42 AM
WHAT THE HELL DO YOU KNOW?????


WHAT ThE HeLl Do I KNoW ?????????




Getting in my last covers kicks because honestly fellas

This is it for REAL until after week 4 next yearBOL IN LIFE HOMIES
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#63
Posted: 2/4/2013 2:25:09 AM
QUOTE

Originally Posted by TexasD:

DOUBLE LOL

You are way too sure of yourself for someone that has no clue.  You try to "school" everyone into thinking that there is close to equal money on every game and that is the goal of the books.  There are so many games that there's not anywhere close to equal action.  Keep living in fairytale land and wake up and realize that there are a ton of games that almost everyone is taking the same team.  More often than not the team noone is betting on covers so Vegas isn't really taking much of a risk overall in the long term although they may take a bath on any specific game.

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#64
Posted: 2/4/2013 2:27:02 AM
nop3
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clepto
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#65
Posted: 2/4/2013 9:42:29 PM
Please refer here...http://www.covers.com/postingforum/POST01/showmessage.aspx?spt=21&sub=101550428
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#66
Posted: 2/4/2013 9:52:06 PM

The lights in Las Vegas sports books should stay on for the foreseeable future.

The approximately 184 sports books throughout Nevada made enough money on Super Bowl XLVII to at least pay their electrical bills. But they didn’t make enough to shell out for a Beyonce halftime show.

The Baltimore Ravens' 34-31 victory over the San Francisco 49ers in New Orleans, which will be remembered for the 34-minute delay in the third quarter after a power outage at the Superdome, wasn’t the best result for Las Vegas. It wasn’t the worst, either.

“We’re a small winner,” reported Jimmy Vaccaro, the spokesman for William Hill sports books. “We ended up with some Ravens moneyline late, so that took some of our steam out. But we did OK.”

Books made money on the Super Bowl for the sixth straight year, making a profit on the most bet-on game in sports each year for the 20th time in the last 22 seasons.

Sports book directors weren’t raving about the result as Baltimore quarterback Joe Flacco — who went over the three most popular proposition wagers posted by sports books with 287 passing yards, 22 completions and three touchdowns — accepted his MVP trophy underneath a swarm of falling confetti. They were, however, rather positive about the handle.

The record $94.5 million wagered on the 2006 Super Bowl, when the Pittsburgh Steelers covered the 3-point spread in a 21-10 over the Seattle Seahawks, is within reach.

“If everyone did what we did, then I would expect we’d break the record,” MGM Resorts sports book director Jay Rood said. “We fared pretty well, but it’s difficult to say how everyone else did. There’s a strong possibility that some of the local places could have seen more Ravens money.”

Most places in town saw Ravens action when they opened as a 5-point underdog two weeks ago, which plummeted the 49ers down to as low as 3.5-point favorites. But Niners action came out in full force in the last three days, driving the spread back up to as high as minus-4.5.

Bettors on the other side weren’t shy about taking the Ravens +165 (risking $1 to win $1.65) on the moneyline. Strong opinions abound on both sides, hence why Rood said MGM took several six-figure bets starting Friday afternoon until Sunday’s kickoff.

“I was really surprised,” he said. “We probably had a few more of them on the 49ers, but the Ravens got some support too. I think that’s what dictated our result.”

The prop bets were no help to MGM or several other books. San Francisco quarterback Colin Kaepernick, the most bet-on player in Super Bowl history, went over both his passing and rushing yards props by 70 and 12, respectively.

What hurt the worst was the Ravens intentional safety at the end of the game and Jacoby Jones 108-yard kickoff return to start the third quarter. Bettors pile on the “yes” for whether there will be a safety, which most sports books offer at +800, and defensive or special teams touchdown, available at +200, every year.

“The props were a very small winner,” Vaccaro said. “The Kaepernick kid didn’t help. The safety and touchdown were two of the bigger ones of the day and we lost both of them, but we beat most of the other ones safely.”

The best-case scenario for Las Vegas was if the 49ers won but didn’t cover the spread. Sports books would have raked in millions with that scenario.

Vaccaro and his counterparts around town were salivating when Kaepernick led San Francisco to a first-and-goal series with two minutes left in the game.

“If the 49ers would have scored there to knock out the Ravens moneyline but not cover the point spread,” Vaccaro said, “that would have been the best of the best.”

Instead, Kaepernick threw three straight incompletions after the 49ers picked up a small gain on first down. Las Vegas settled for a slight win.

“The 49ers sneaking in there would have been perfect,” Rood said. “But it didn’t happen. It went kind of like the rest of the season did for us.”

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clepto
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#67
Posted: 2/4/2013 10:34:53 PM
“The 49ers sneaking in there would have been perfect,” Rood said. “But it didn’t happen. It went kind of like the rest of the season did for us.”

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#68
Posted: 2/4/2013 10:48:19 PM
QUOTE Originally Posted by clepto:

“The 49ers sneaking in there would have been perfect,” Rood said. “But it didn’t happen. It went kind of like the rest of the season did for us.”



Your quote says NOTHING to do with them LOSING MONEY like you are claiming.  What they were talking about there is they would have made THE MOST AMOUNT OF MONEY if the 49ers WON, BUT DIDN'T COVER THE SPREAD.
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#69
Posted: 2/4/2013 11:13:24 PM
I'd imagine the books do real well off the props. 
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#70
Posted: 2/4/2013 11:23:50 PM
So moral of all of this conversation:


"smart" books don't loose money, why Vegas is all bright and shiny
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#71
Posted: 2/5/2013 8:10:30 AM
QUOTE Originally Posted by gfinger:

The lights in Las Vegas sports books should stay on for the foreseeable future.

The approximately 184 sports books throughout Nevada made enough money on Super Bowl XLVII to at least pay their electrical bills. But they didn’t make enough to shell out for a Beyonce halftime show.

The Baltimore Ravens' 34-31 victory over the San Francisco 49ers in New Orleans, which will be remembered for the 34-minute delay in the third quarter after a power outage at the Superdome, wasn’t the best result for Las Vegas. It wasn’t the worst, either.

“We’re a small winner,” reported Jimmy Vaccaro, the spokesman for William Hill sports books. “We ended up with some Ravens moneyline late, so that took some of our steam out. But we did OK.”

Books made money on the Super Bowl for the sixth straight year, making a profit on the most bet-on game in sports each year for the 20th time in the last 22 seasons.

Sports book directors weren’t raving about the result as Baltimore quarterback Joe Flacco — who went over the three most popular proposition wagers posted by sports books with 287 passing yards, 22 completions and three touchdowns — accepted his MVP trophy underneath a swarm of falling confetti. They were, however, rather positive about the handle.

The record $94.5 million wagered on the 2006 Super Bowl, when the Pittsburgh Steelers covered the 3-point spread in a 21-10 over the Seattle Seahawks, is within reach.

“If everyone did what we did, then I would expect we’d break the record,” MGM Resorts sports book director Jay Rood said. “We fared pretty well, but it’s difficult to say how everyone else did. There’s a strong possibility that some of the local places could have seen more Ravens money.”

Most places in town saw Ravens action when they opened as a 5-point underdog two weeks ago, which plummeted the 49ers down to as low as 3.5-point favorites. But Niners action came out in full force in the last three days, driving the spread back up to as high as minus-4.5.

Bettors on the other side weren’t shy about taking the Ravens +165 (risking $1 to win $1.65) on the moneyline. Strong opinions abound on both sides, hence why Rood said MGM took several six-figure bets starting Friday afternoon until Sunday’s kickoff.

“I was really surprised,” he said. “We probably had a few more of them on the 49ers, but the Ravens got some support too. I think that’s what dictated our result.”

The prop bets were no help to MGM or several other books. San Francisco quarterback Colin Kaepernick, the most bet-on player in Super Bowl history, went over both his passing and rushing yards props by 70 and 12, respectively.

What hurt the worst was the Ravens intentional safety at the end of the game and Jacoby Jones 108-yard kickoff return to start the third quarter. Bettors pile on the “yes” for whether there will be a safety, which most sports books offer at +800, and defensive or special teams touchdown, available at +200, every year.

“The props were a very small winner,” Vaccaro said. “The Kaepernick kid didn’t help. The safety and touchdown were two of the bigger ones of the day and we lost both of them, but we beat most of the other ones safely.”

The best-case scenario for Las Vegas was if the 49ers won but didn’t cover the spread. Sports books would have raked in millions with that scenario.

Vaccaro and his counterparts around town were salivating when Kaepernick led San Francisco to a first-and-goal series with two minutes left in the game.

“If the 49ers would have scored there to knock out the Ravens moneyline but not cover the point spread,” Vaccaro said, “that would have been the best of the best.”

Instead, Kaepernick threw three straight incompletions after the 49ers picked up a small gain on first down. Las Vegas settled for a slight win.

“The 49ers sneaking in there would have been perfect,” Rood said. “But it didn’t happen. It went kind of like the rest of the season did for us.”

 

For those the fix was in belivers, why didn't vegas make the call to the refs to be sure the 9ers scored so vegas would of not only won money on SB sunday but really cleaned-up.............................................

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#72
Posted: 2/5/2013 8:59:58 AM
Vegas took a nice long bath   Here s another one.

LAS VEGAS (AP)

Sports fans bet a record $98.9 million at Nevada casinos on the Super Bowl, the Nevada Gaming Control Board said Monday.

Harbaugh takes issue with refs
  • Harbaugh. Flacco, Lewis after win
  • Big moments of Super Bowl XLVII
  • Conway, Okmin recap the game
  • Super Bowl XLVII unsung heroes
  • Unaudited tallies show 183 sports books made $7.2 million on the football action. The San Francisco 49ers started out as a 5-point favorite but the Baltimore Ravens won 34-31.

    Odds makers say California fans drove the unprecedented handle, flooding Las Vegas and the Lake Tahoe area with wagers on the hometown team, which hadn't been in the Super Bowl since 1995.

    ''Northern Nevada gets swamped with 49er money,'' LVH book director Jay Kornegay said.

    Bookmakers speculated that the popularity of 49ers quarterback Colin Kaepernick, who played his college football at Nevada, drove some of the betting among locals.

    The previous record was set in 2006, when gamblers wagered $94.5 million on the Super Bowl between the Seattle Seahawks and the Pittsburgh Steelers.

    Book makers said they took a beating this year on proposition bets, including a long-shot on whether there would be a safety. Ravens punter Sam Koch took a safety for the final score with 4 seconds left.

    Casinos retained 7.3 percent of the millions wagered, slightly less than the average hold during the past decade, which has fluctuated from lows of negative 2.8 percent to highs of 17 percent.

    The 65 points scored in New Orleans easily exceeded the over/under of 49. Gamblers bet the line down 1 1/2 points before the game to give the 49ers a 3 1/2 handicap by kickoff.

    • Super Bowl game action
    • Photos from the blackout
    • Beyonce's halftime show
    • Scene and crazy fans
    • Celebrities in the crowd

    Late money poured in for the ''over'' wager and for the 49ers, who have built a reputation as a second-half team, Kornegay said.

    Johnny Avello, director of race and sports at Wynn Las Vegas, said the big plays that characterized Sunday's game and made it fun to watch were gloomy news for casinos, which offer a growing list of proposition bets on everything from whether quarterbacks will throw interceptions to whether teams will score in the final two minutes of the first half.

    ''Everything that could've happened yesterday almost did,'' Avello said. ''All the props - `Will this guy pass by this much?' `Will this guy make this many receptions' - all of those were, `Yes.'''

    ''The safety was awful,'' he added. ''When we cashed last night, it seemed like everyone had a bet on a safety.''

    Casinos paid out at 9-to-1 for the safety. Fans who bet that the 49ers' final score would be on a safety cashed in at 50-to-1.

    Sports books also paid out big last year when the New York Giants played the New England Patriots and the first score of the game was a safety. Next year, Avello plans to lower the odds for that outcome.

    Nevada sports books have lost only twice on the Super Bowl in the past 20 years, most recently in 2008, when New York beat the Patriots, costing casinos a record $2.6 million.

    Odds makers released numbers for next year's Super Bowl before fans even had time to stumble back to their hotel rooms Sunday night.

    RJ Bell of Las Vegas-based Pregame.com made the Patriots 7-to-1 favorites, with the 49ers and Denver Broncos following close behind at 8-to-1.

    Gamblers wanted to see the odds for another Super Bowl blackout, Kornegay said, but even Vegas can't offer that action.

    ''We have to stay on the field of play,'' Kornegay said. ''But I'm pretty sure that some of the offshore books will have that bet next year.''


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    #73
    Posted: 2/5/2013 12:36:53 PM
    Did anybody else read what i read above? From what i got out of it was Vegas MADE money on the Superbowl, but the like to point out the FEW PLACES where they DID lose some money.

    "Supposedly" Vegas has only LOST MONEY 2 OUT OF THE LAST 20 SUPERBOWLS as the last one came in 2008 when the Giants beat the Pats.
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    #74
    Posted: 2/5/2013 3:02:00 PM
    The more prop bets year after year, the more money they make.  They got hurt on the safety no question, but no way did they lose money on the game.  They have it down to a science and cover their behind as a whole with all of the eXotic bets. 
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