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Betting / Olympics / Sportsbooks / William Hill / South Point / → All Tags
In December, South Point petitioned the Nevada Gaming Control Board to amend regulations to allow wagering on the Olympics in their sportsbook. Last week, that petition was recommended unanimously for approval. A final thumbs up was awarded this afternoon. The decision is effective immediately.
Whether you agree or disagree that sports wagering and fantasy sports, especially daily fantasy, are gambling, they’re similar enough to have a comparative discussion. This week, Bloomberg wrote that fantasy sports websites are positioned to become legal online gambling sites in the future. Fantasy websites tend to argue against that statement since they want to keep their noses clear of online sports gambling which isn’t legal in nearly as many states as fantasy sports.
Right now, fantasy sports is living in an online space similar to where online poker was 12 years ago before Black Friday shut down most poker websites in America. The online poker boom was great for poker players in Las Vegas. Just about every casino opened a poker room because of the popularity explosion.
Football / Gambling / CG Technology / NFL / Betting / → All Tags
Football has more money wagered on it in Nevada than all other sports combined. The NFL makes up a majority of football betting. With that in mind, it should come as no surprise that sportsbooks are always looking for ways to keep football front and center. Last week, CG Technology (formerly Cantor Gaming) released season win totals for the 2015 NFL season that is scheduled to begin September 10.
Obviously, these are early wagering opportunities so limits are smaller than you may find during the NFL season. Like with other early season win totals, these bets will change rather quickly with a few wagers on one side or the other. If you’re not familiar with season win total wagering, you can bet over or under the totals below.
Betting / Sportsbooks / Westgate Las Vegas / SuperBook / Major League Baseball / Baseball / Gambling / → All Tags
It may already feel like spring in Las Vegas, with temperatures in the 70s for the past two weeks, but it’s still a little while away. As someone who grew up on the east coast, I didn't need the weather to get warm to tell me what's just around the corner. All I needed to hear was that pitchers and catchers were reporting to spring training. That happens this week!
The Philadelphia Phillies are the first team to report to Major League Baseball spring training in Florida this Thursday, while the Oakland A’s will be the first team to report to spring training in Arizona on Friday. The first games aren’t until March, so you still have time to plan a Vegas/Arizona combo trip. This is a great trip for any baseball fan.
Movies / Wild Card / Dangerous Odds / Books / Gambling / Casinos / Betting / → All Tags
Two movies headed to a theater near you will focus on casinos and illegal sports betting.
Based in Las Vegas, Wild Card is about a down-on-his-luck degenerate gambler played by Jason Statham. The movie (trailer below) looks like your typical Jason Statham movie set in and around casinos. Besides gambling and typical Statham ass-kicking expect to see lots of Vegas in the background.
Big Game / Super Bowl / William Hill / Westgate Las Vegas / Wynn / Sportsbooks / Betting / → All Tags
By now you probably (hopefully) know the New England Patriots are Super Bowl champs, defeating the Seattle Seahawks 28-24. The point spread in the game went off in many Las Vegas sportsbooks as a pick ‘em so the Patriots covered the spread. The game also went over the total which was somewhere between 47 and 48, depending when and where you wagered. The win and total score ended up in a four-way teaser win for bettors. Usually, when sports bettors win, the result is bad for casino sportsbook operators. In the case of the Big Game, it wasn’t entirely good for bettors or bad for the sportsbooks.
With a huge menu of prop bets available sportsbooks may have been able to eek out an overall win. Prop wagers make up the majority in Big Game bets at the Westgate SuperBook while they only make up about 15% of Big Game wagers at Wynn. Every sportsbook operator offers a different number of prop bets so the results will vary. William Hill released almost 700 and here are some of the results of their more popular prop bets:
Westgate Las Vegas / SuperBook / Sportsbooks / Big Game / Gambling / Super Bowl / Betting / → All Tags
Prop bets on the Big Game have become big business for sportsbooks in Las Vegas over the years. When the Las Vegas Hilton (now Westgate) first started releasing Super Bowl prop bets, they were seen as a nice addition to the wagering menu, but not much more. Today, the amount of money wagered on prop bets for the Big Game are almost equal to the amount wagered on traditional side and total options. Westgate's SuperBook is traditionally the first sportsbook in Las Vegas to release prop bets on the Big Game and to boast the most and they did so again last night.
As we mentioned a couple weeks ago prop bets are, generally, wagers made on specific actions during a game that don’t necessarily affect the outcome. There are more prop bets offered on the Big Game than any football game all year, but you’ll only see game-related and quantifiable prop bets in Las Vegas casinos. Prop bets in Nevada must confirmed through official league statistics. You won’t see “what will Katy Perry wear?” or “how long will it take to sing the national anthem?” here. Those novelty bets are only available in overseas sportsbooks.
Super Bowl / Big Game / Football / Sportsbooks / Betting / Gambling / → All Tags
We now know that, in two weeks, the New England Patriots will take on the Seattle Seahawks in the Big Game. The Super Bowl is big business in Las Vegas as you’ve seen by the ever growing list of parties that we continously update. Watch parties are secondary for people like this gambler. Betting on the game is the real focus.
NFL / Football / Sportsbooks / Betting / Gambling / → All Tags
Prop bets are the untraditional sports bets that have made wagering on the
Super Bowl Big Game so popular over the years. The SuperBook at Westgate became famous for releasing more prop bets than any other casino for the Big Game back when the hotel was still known as Las Vegas Hilton.
Things are different today and sportsbook operations have evolved to the point where prop bets have become a part of the wagering menu for all major sports events. This year, you can find a plethora of prop bets available for every NFL playoff game at almost every sportsbook in Vegas.
VegasChatter 2014 Awards / VegasChatter Awards / Sportsbooks / The Mirage / Venetian / Betting / Gambling / → All Tags
It's time for the fifth annual VegasChatter Awards! Today, we begin bringing you the best and worst of the year. All of our picks are based on what we've personally experienced in Vegas over 2014 -- the good, the bad and the mind-boggling.
For the longest time, whenever someone asked us to point them to the best sportsbook in town, we were like, bam! Lagasse's Stadium. But, this year, we started crushin' on another venue right across the Strip. It was older, but knew just how to make us happy. And now, we're ready to pledge our love publicly.
Vegas News / Sports Betting / Oscars / Olympics / Gambling / Sportsbooks / South Point / Betting / → All Tags
There are some who say if people could legally bet on lab rats running through mazes, they would. While not that extreme the South Point has petitioned the Nevada Gaming Control Board to amend regulations to allow some non-traditional bets in their sportsbook. Execs are asking that wagering be allowed on events sanctioned by the International Olympic Committee as well as non-athletic events like the Oscars and the Heisman Trophy winner.
Caesars Palace is the latest to squeeze the regular guy out of sportsbook. The resort's recently(ish) renovated sportsbook is less of a remodel than it is gentrification. By that we mean, the sportsbook added a bar to make the tired old space look new.
If you remember the glory days of the Caesars Palace sportsbook, you probably recall the giant space with lots of seats where anyone could watch the games. Fast forward to 2014 and that space has been enhanced (read: drastically reduced). The sportsbook is now blocked off by a bar and the actual sportsbook TV screens haven't been replaced. The majority of seats inside the sportsbook are reserved for Diamond and Seven Stars Total Rewards members or people spending large sums of money on booze. This makes Caesars' sportsbook accessible to about 5% of Total Rewards members.