Nevada Sportsbooks Will See Profit From Super Bowl Despite Taking Big Hits

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

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.

Bookmaker-2500-091412A.jpg

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

Related Content

LA Rams Replace Buffalo Bills as Super Bowl Favorites

LA Rams Replace Buffalo Bills as Super Bowl Favorites

Week 4 is in the books, and the Los Angeles Rams are once again the Super Bowl favorites after the Bills home loss to the New England Patriots.
DeMeco Ryans Now With Second Shortest Odds to Be First NFL Head Coach Fired

DeMeco Ryans Now With Second Shortest Odds to Be First NFL Head Coach Fired

The Houston Texans start the season 0-3 as Ryans moves from +800 last week to +150.
Atlanta Falcons vs. New Orleans Saints Total Receiving Yards Prop Bets: Chris Olave, Drake London

Atlanta Falcons vs. New Orleans Saints Total Receiving Yards Prop Bets: Chris Olave, Drake London

Chris Olave of the Saints has been remarkably consistent through three games. He is favored to have the most receiving yards in this game with a payout of $130 for every $100 bet.
Atlanta Falcons vs. New Orleans Saints Touchdown Scorer Prop Bets: Bijan Robinson, Drake London, Chris Olave

Atlanta Falcons vs. New Orleans Saints Touchdown Scorer Prop Bets: Bijan Robinson, Drake London, Chris Olave

Touchdown scorer prop bets are available for the Monday Night Football game between the Atlanta Falcons and New Orleans Saints.