Books
- Thread starter CincyKid
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ahhhh,,Such is the life of being a book in Alabama,,,,,Vegas puts out a line for Vegas,,Not for Green Bay or Alabama,,Alabama fans will bet Bama -7 against the Super Bowl Champs on the road,,So if Bama covers its a bad saturday,,,,If Bama don't cover its a killing,,,As all other games are mixed and matched,,,Since we don't have a pro team there are not a lot of loyalties here so its to play the pubic faves on Sunday,,,Been in the business for 30 years,,,Books do lose,,but not often and over the long haul never,,,But it does fascinate me how people quote a percentage of bets on a particular team like its the only book in the world,,I would be venturing to bet that when Bama plays Oklahoma that a book in Oklahoma is heavy on them, like we will be heavy on Bama,,Or william hill has this much action so its got to be true,,Not even close,,,,I use Don Best and they show a lot of sports books percentages,,but that don't account for local joe scheme who may be completely opposite,,,Other thing I agree with is do NOT let one player or team impact your week,,,
If homework helped, wouldn't everyone be on the same side of these games? I mean, you all have the same information. How can some guys take the Lions, while others take the Vikings? Makes no sense
- Sep 13, 2005
- 2,896
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Books in Vegas have had an excellent year in football and broke even last week. Cincy Kid you always come on here when you think the books get killed just because of New England. Very few players put all their action on 1 or 2 teams.
Yea and how do you know? And who said vegas? I always come on here and say books got killed? Last time I did was last year , and that was one of the worst years in a long time. Even vegas admits that go back and look so again how do you know anything ? And your "Very few players put all their action on 1 or two teams" that's what you think the public is always all over the chalks. Public never bets dogs..
FAVS. -6 OR MORE ARE 19-6 THIS MONTH.
21-4 USED IN A TEASER.
THESE ARE TEAMS MOST PEOPLE WILL BET.
PHILL. HAS COVERED 8 IN A ROW......
SIMPLE....BET THE 5 OR 6 REALLY GOOD TEAMS.....PHILLL-N.E.-N.O.-MIINN.-PITT.-RAMS.-CAR-JAX
THESE TEAMS HAVE GONE 47-24 ATS THIS SEASON.....THATS 67%
NO HANDI-CAPPING NEEDED.....
NFL......HAS THOSE 7 REALLY GOOD TEAMS.....THEN A BUNCH OF REALLY MEDICORE TEAMS....
AND 3 REALLY BAD TEAMS.....BEARS-SFRAN-NYG......THAT HAVE NO-CHANCE WHATSOEVER.
IN YEARS PAST , IVE ENJOYED CAPPING THE NFL.....FINDING LIVE DOGS TO PLAY...
THIS YR. DOESN'T APPLY....
DONT TELL ME BOOOKS ARENT GETTING CRUSHED.....I ONLY HAVE 10 BETTORS THAT I KEEP ACTION.....IVE LOST JUST ABOUT EVERY WK.....EVERY CASUAL BETTOR, PLAYS THE GOOD TEAMS/FAVS.
21-4 USED IN A TEASER.
THESE ARE TEAMS MOST PEOPLE WILL BET.
PHILL. HAS COVERED 8 IN A ROW......
SIMPLE....BET THE 5 OR 6 REALLY GOOD TEAMS.....PHILLL-N.E.-N.O.-MIINN.-PITT.-RAMS.-CAR-JAX
THESE TEAMS HAVE GONE 47-24 ATS THIS SEASON.....THATS 67%
NO HANDI-CAPPING NEEDED.....
NFL......HAS THOSE 7 REALLY GOOD TEAMS.....THEN A BUNCH OF REALLY MEDICORE TEAMS....
AND 3 REALLY BAD TEAMS.....BEARS-SFRAN-NYG......THAT HAVE NO-CHANCE WHATSOEVER.
IN YEARS PAST , IVE ENJOYED CAPPING THE NFL.....FINDING LIVE DOGS TO PLAY...
THIS YR. DOESN'T APPLY....
DONT TELL ME BOOOKS ARENT GETTING CRUSHED.....I ONLY HAVE 10 BETTORS THAT I KEEP ACTION.....IVE LOST JUST ABOUT EVERY WK.....EVERY CASUAL BETTOR, PLAYS THE GOOD TEAMS/FAVS.
Thanks I've been saying it , but these know it alls tell me I don't have a clue. It's been brutal with public picking games with their eyes closed and winning.
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Buried
Buried
Books get buried in Week 12
November 27, 2017
By Micah Roberts
The perfect storm was brewing at sports book all across the Las Vegas valley during Week 12 NFL action on Sunday. As each game got posted, the losses were piling up and the risk for the remaining games to be posted kept multiplying with parlay risk.
Favorites would go 9-2 against the spread in the first 11 games, which included the ultra-popular Eagles and Patriots covering healthy double-digit numbers.
Doomsday, or Black Sunday, was right around the corner if the Steelers covered 14-points at home against the reeling Packers and back-up quarterback Brett Hundley. But the former UCLA standout performed well and the Steelers were able to get away with a 31-28 win as time expired. Large money-line parlays cashed on that three-teamer, but risky teasers and parlays dropped out due to Pittsburgh winning by just three points.
Still, the events of the first 11 games of the day shaped the end result and it was a stone cold loser for the house. The Patriots (-16.5) beat the visiting Dolphins, 35-17, for their seventh straight win (6-1 ATS). The Eagles (-13.5) made easy work at home against the over-matched Bears, 31-3, and kept the public cashing on them which is a the hottest ongoing trend in Las Vegas. Philly has won nine straight, covered its last eight and MGM books dropped them to 3/1 co-favorites to win the Super Bowl with the Patriots. It's an easy case to make seeing these two beasts playing each other in the Super Bowl this February from Minnesota.
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"The Steelers and Eagles both covering early was no good, but the game that kind of kept everything flowing after those decisions was the Panthers covering in the final minutes," said Station Casinos sports book director Jason McCormick of the popular Panthers (-6) 35-27 win at the Jets.
The underdogs helping were limited to just two, but they turned out to be huge risk choppers.
"As things turned out, the biggest savior for us on the day to not make losses more extreme was the Chiefs (-10) losing outright to Buffalo," said MGM Resorts VP of race and sports Jay Rood of the Bills 16-10 road win. "It would have made this easily the worst weekend of the season for us due to big money-line parlays and teasers."
The Chiefs dropping their third straight loss and fifth in six games after a 5-0 start was the silver lining on a bad day for books. One week after Bills QB Tyrod Taylor got benched for some bizarre reason, he bounced back executing a conservative game plan to victory and kept Buffalo in the playoff hunt.
"We were fortunate to have some big house players play a lot on the Chiefs money-line, parlayed to other games, so our risk on the day wasn't too big," said Westgate Las Vegas SuperBook VP Jay Kornegay. "We were up on the day heading into the Steelers game, but will lose six figures if they cover the spread."
Kornegay and the Westgate got off much easier than most books. I heard one book director after the Packers cover say it was still the worst loss of his career which spanned 31 years.
The only other positive for the house, before the Packers cover, was the woeful Cardinals winning 27-24 at home over the Jaguars and their top-ranked defense. Arizona was the worst betting team in the NFL (2-7-1 ATS) prior to the game, but it would be former Jags No. 1 pick, QB Blaine Gabbert, who would shine in somewhat of a revenge game against his former team. Gabbert has looked sharp the past two games and with Arizona being at its lowest rating of the season it might be time to buy on decent value with them.
Don't forget about Thanksgiving leftovers from all three favorites covering. Those favorites provided a rolling head start for the public parlay bettors heading into Sunday's card. Ask anyone you know that bet over the weekend and it's likely they cashed a two-team parlay at 13/5 (Bet $100 to win $260) odds with New England and Philadelphia. Perfect timing with all the Christmas bills piling up following Black Friday.
"Thursday and Friday we were small losers, but Saturday was great with Clemson and Washington covering. Our big loser on the day was Oklahoma State," said Kornegay. "So if we can get out with a Packers cover, we'll consider ourselves fortunate for the holiday weekend."
Good news for the Westgate, but everywhere else in Las Vegas got buried.
Roberts is a former Las Vegas sports book director that has been covering the sports betting industry for the last 13 years.
Buried
Books get buried in Week 12
November 27, 2017
By Micah Roberts
The perfect storm was brewing at sports book all across the Las Vegas valley during Week 12 NFL action on Sunday. As each game got posted, the losses were piling up and the risk for the remaining games to be posted kept multiplying with parlay risk.
Favorites would go 9-2 against the spread in the first 11 games, which included the ultra-popular Eagles and Patriots covering healthy double-digit numbers.
Doomsday, or Black Sunday, was right around the corner if the Steelers covered 14-points at home against the reeling Packers and back-up quarterback Brett Hundley. But the former UCLA standout performed well and the Steelers were able to get away with a 31-28 win as time expired. Large money-line parlays cashed on that three-teamer, but risky teasers and parlays dropped out due to Pittsburgh winning by just three points.
Still, the events of the first 11 games of the day shaped the end result and it was a stone cold loser for the house. The Patriots (-16.5) beat the visiting Dolphins, 35-17, for their seventh straight win (6-1 ATS). The Eagles (-13.5) made easy work at home against the over-matched Bears, 31-3, and kept the public cashing on them which is a the hottest ongoing trend in Las Vegas. Philly has won nine straight, covered its last eight and MGM books dropped them to 3/1 co-favorites to win the Super Bowl with the Patriots. It's an easy case to make seeing these two beasts playing each other in the Super Bowl this February from Minnesota.
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"The Steelers and Eagles both covering early was no good, but the game that kind of kept everything flowing after those decisions was the Panthers covering in the final minutes," said Station Casinos sports book director Jason McCormick of the popular Panthers (-6) 35-27 win at the Jets.
The underdogs helping were limited to just two, but they turned out to be huge risk choppers.
"As things turned out, the biggest savior for us on the day to not make losses more extreme was the Chiefs (-10) losing outright to Buffalo," said MGM Resorts VP of race and sports Jay Rood of the Bills 16-10 road win. "It would have made this easily the worst weekend of the season for us due to big money-line parlays and teasers."
The Chiefs dropping their third straight loss and fifth in six games after a 5-0 start was the silver lining on a bad day for books. One week after Bills QB Tyrod Taylor got benched for some bizarre reason, he bounced back executing a conservative game plan to victory and kept Buffalo in the playoff hunt.
"We were fortunate to have some big house players play a lot on the Chiefs money-line, parlayed to other games, so our risk on the day wasn't too big," said Westgate Las Vegas SuperBook VP Jay Kornegay. "We were up on the day heading into the Steelers game, but will lose six figures if they cover the spread."
Kornegay and the Westgate got off much easier than most books. I heard one book director after the Packers cover say it was still the worst loss of his career which spanned 31 years.
The only other positive for the house, before the Packers cover, was the woeful Cardinals winning 27-24 at home over the Jaguars and their top-ranked defense. Arizona was the worst betting team in the NFL (2-7-1 ATS) prior to the game, but it would be former Jags No. 1 pick, QB Blaine Gabbert, who would shine in somewhat of a revenge game against his former team. Gabbert has looked sharp the past two games and with Arizona being at its lowest rating of the season it might be time to buy on decent value with them.
Don't forget about Thanksgiving leftovers from all three favorites covering. Those favorites provided a rolling head start for the public parlay bettors heading into Sunday's card. Ask anyone you know that bet over the weekend and it's likely they cashed a two-team parlay at 13/5 (Bet $100 to win $260) odds with New England and Philadelphia. Perfect timing with all the Christmas bills piling up following Black Friday.
"Thursday and Friday we were small losers, but Saturday was great with Clemson and Washington covering. Our big loser on the day was Oklahoma State," said Kornegay. "So if we can get out with a Packers cover, we'll consider ourselves fortunate for the holiday weekend."
Good news for the Westgate, but everywhere else in Las Vegas got buried.
Roberts is a former Las Vegas sports book director that has been covering the sports betting industry for the last 13 years.
Many Vegas Books To Close Doors
This season, football bettors have pretty much had their way. You don't even need to be a sophisticated handicapper to make money this season. "Every knucklehead with a $20 bill, is turning it into $200", said MGM Resorts sports book director Jay Rood. "I've never seen it worse than the last few weeks."
With double digit favorites burying the number game after game, it's impossible for the books to beat the public. "We make our bread and butter from parlay and teaser bettors each and every day of the year", said CG Technology sports book director Jason Simbal. "When public teams cover at a massive rate, we stand no chance".
In a move never before seen, Las Vegas sports books are shuttering their doors. Rood said, "We can't keep taking these financial beatdowns. All we can do, is cry 'Uncle', and tip our hats". The sportsbooks will be open to cash winning tickets, and to give refunds on any games not yet played. As to when the books might open back up, Jason Simbal said, "Probably never. Guys have too much information at their fingertips now, and we have no ability to counter that. I'm just glad that I can move back home, and start selling cars again. Some of these other guys will be out on the street, and that's a sad story."
Jay Kornegay of Westgate said, "We still have that stupid NFL contest going, so we will take the heat, and ride the season out before we close up shop." When asked how he thought the season would end, Kornegay said, "Not good. We can't hang a number high enough on some of these games. Cleveland goes to play the Chargers next Sunday, and I'm opening at -25. Is that the right number? I don't have a clue."
Early this morning, bettors were dazed and confused while wondering the sportsbook. "What do they mean I can't make a bet?", said T.J. Portnow of Perrysburg, Ohio. "This is insane! I mean, you know, how do they close? This is Vegas!"
If this truly is the end of sportsbooks in Las Vegas, we will at least have the memories of bygone days where the house never lost, and suckers strolled in with cash, and left with a story. This might just be another in a long line of the constant change that defines the city. When asked if he thought this was really it for sportsbooks, Jay Rood said, "I'm too old for this, and it's time to move on. I really don't give a (damn)."
This season, football bettors have pretty much had their way. You don't even need to be a sophisticated handicapper to make money this season. "Every knucklehead with a $20 bill, is turning it into $200", said MGM Resorts sports book director Jay Rood. "I've never seen it worse than the last few weeks."
With double digit favorites burying the number game after game, it's impossible for the books to beat the public. "We make our bread and butter from parlay and teaser bettors each and every day of the year", said CG Technology sports book director Jason Simbal. "When public teams cover at a massive rate, we stand no chance".
In a move never before seen, Las Vegas sports books are shuttering their doors. Rood said, "We can't keep taking these financial beatdowns. All we can do, is cry 'Uncle', and tip our hats". The sportsbooks will be open to cash winning tickets, and to give refunds on any games not yet played. As to when the books might open back up, Jason Simbal said, "Probably never. Guys have too much information at their fingertips now, and we have no ability to counter that. I'm just glad that I can move back home, and start selling cars again. Some of these other guys will be out on the street, and that's a sad story."
Jay Kornegay of Westgate said, "We still have that stupid NFL contest going, so we will take the heat, and ride the season out before we close up shop." When asked how he thought the season would end, Kornegay said, "Not good. We can't hang a number high enough on some of these games. Cleveland goes to play the Chargers next Sunday, and I'm opening at -25. Is that the right number? I don't have a clue."
Early this morning, bettors were dazed and confused while wondering the sportsbook. "What do they mean I can't make a bet?", said T.J. Portnow of Perrysburg, Ohio. "This is insane! I mean, you know, how do they close? This is Vegas!"
If this truly is the end of sportsbooks in Las Vegas, we will at least have the memories of bygone days where the house never lost, and suckers strolled in with cash, and left with a story. This might just be another in a long line of the constant change that defines the city. When asked if he thought this was really it for sportsbooks, Jay Rood said, "I'm too old for this, and it's time to move on. I really don't give a (damn)."
- Apr 10, 2015
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The Supreme Court will hear oral arguments in the New Jersey sports betting case one week from today, Dec. 4.
- Mar 19, 2006
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Brilliant writing..
I searched for an author this morning and couldn't find the piece anywhere else.
Might this be the work of the most clever man here?
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