Nevada Sportsbooks Will See Profit From Super Bowl Despite Taking Big Hits
Another safety and the Ravens win combined to make for a not-so-great Super Bowl for the Nevada sportsbooks. Still, most anticipated making a small profit.
They are also hopeful about beating the 2006 record, when $94.5 million was wagered on the big game.
“The Ravens’ outright win and the over was our book’s least desirable outcome,” LVH Super Book assistant manager Jeff Sherman said in an e-mail.
The intentional safety scored in the final seconds to eat up the clock paid 8/1 odds or greater at most books.
More than $10 billion was projected to be wagered on the Super Bowl worldwide, according to Las Vegas-based handicapping information website Pregame.com. Less than 1 percent of that number was expected to have been bet in Las Vegas.
The last time Las Vegas failed to make a profit on Super Bowl wagers was in 2008.
- Aaron Goldstein, Gambling911.com
