From the Las Vegas Sun:
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 47 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 fifth straight year, making a profit on the most bet-on game in sports each year for the 20th time in the last 22 seasons....
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.
http://www.lasvegassun.com/news/2013/feb/03/las-vegas-sports-books-profit-again-super-bowl/
I know a lot of money was put on the 49er's this year because a lot of California people came in and bet them.
But I am sure the smart professional bettors put a lot on the r
Ravens and they made a lot of money.
The House wins again.
At the Post-Christmas Café...
11 hours ago
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