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This weekend is all about Floyd Mayweather vs. Manny Pacquiao and the Kentucky Derby for sports fans in Las Vegas. Before we get to the fight and the big race, the NFL will begin its draft of college players into the league this Thursday, April 30.
Football is the most popular sport to bet on and the NFL draft makes for entertaining television. If there's one thing we've learned over the year, it's that sportsbooks are always open to doing something (anything) related to football. Enter the NFL Draft which isn't more than a television show without any legal US gambling (you can wager on the NFL draft online, but not in Nevada casinos.)
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Whether you’re a gambler or a fan, there’s no more popular sport than football. Over the past few years, the NFL has stretched their off season so that we don’t go more than a few weeks without talking about the league.
This almost daily NFL calendar may be a little overbearing for some, but the majority of people seem to love any excuse to talk football. Heck, the media is talking about a 3rd string quarterback signing a one-year contract like it’s big news.
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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.
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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.
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It’s already time for football bettors to plan for the 2015 NFL season. The SuperContest at Westgate is the largest and most popular in Vegas. In fact, SuperContest grew almost 30% this year and should only get bigger in 2015. Not everyone, however, has the $1,500 entry fee laying around so you might want to planning for next year’s contest now.
Mainstream media coverage on ESPN has helped SuperContest become popular, but that’s not the only reason. The prize pool returns 100% of the money entered which is awesome. Over 1,400 people entered the SuperContest this year and the grand prize winner will receive more than $700,000. Prize money also will be rewarded to 30 runner-ups. That's all awesome, too, but the biggest reason SuperContest is growing is that you don’t have to be in Las Vegas to make your weekly picks.
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The most popular football contest in Las Vegas begins taking entries Tuesday, July 1. The SuperContest at LVH may not be the biggest football contest in Las Vegas because of its $1,500 entry fee, but that’s what makes it the most popular. Last year’s winner David Frohardt-Lane from Chicago,won $542,850. Not bad for $1,500. In addition, he won a bonus prize of $15,000 by picking over 67% of the games correctly.
SuperContest pays out 100% of the winnings to the top 30 people who guess the most games correctly. Here's how it works: you have to be 21 to enter and, each week of the NFL season, you have to pick five games against the spread. It’s that simple. It might sound obvious but you have to register before the season begins to participate.
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Yesterday afternoon, the LVH SuperBook released their 2014 NFL season win totals. While these aren’t the first NLF season win totals to be released, they’re probably the season win totals that sports bettors look to the most. Unlike some other early sports bets where you can only place a few hundred dollars per bet, you can place wagers of $3,000 each for these win totals.
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You know who's not messing around? The line makers at LVH.
The NFL released the schedule for the upcoming pro football season yesterday afternoon. Before the sun went down on the west coast, LVH had point spreads available for week one games. While some sportsbooks only take bets of $500 when they release lines early, LVH is taking bets up to $5,000 on sides (teams) and $1,000 on totals (over/under).
Here are the point spreads for the first week of the NFL season if you're in town and want to get some action on week one games this summer:
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Most of us are getting ready for March Madness or the first pitch of the Major League Baseball regular season. Football isn't front and center with most people that bet on sports, but that hasn't stopped Cantor Gaming (CG Technology) from looking forward to the NFL season. It's the first sportsbook operator to post season win totals for the next pro football season.
Over the past couple seasons, Cantor has become the first sportsbook operator to release NFL season win totals but this marks the earliest they've posted them to date. In fact, this is the earliest any sportsbook operator has released season win totals. Ever. Free agency hasn't begun yet and the NFL Draft is weeks away, but if you can see into the future maybe you're ready to place bets on how teams will perform. Take a look:
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Betting on the
Super Bowl Big Game has grown almost every year over the past decade for two reasons. Obviously, the increased popularity of the game is a major reason for general growth of the sports, but prop bets (prop is short for proposition) have become more popular every year.
When William “Refrigerator” Perry scored a touchdown for the Chicago Bears in Super Bowl XX it woke gamblers up to the potential for big wins with prop bets when he cashed a 20-1 prop bet for some people. Prop bets have become so popular that there are now around 400 prop bets at most sportsbooks for the Big Game. Almost half of the money wagered will be on prop bets. That’s serious.
The prop bets you can make with sportsbooks in Las Vegas are based on the action on the field. The
silly fun prop bets, like “what color gatorade will be poured on the winning coach?,” are only available online. Those aren't legal in Nevada. The point spread and total were released over a week ago but, as you'd imagine, it takes some time to come up with another 400 prop bets so it took some time for them to be released. They're out now and we're ready to get down! Let’s take a look at a few of the legit prop bets that the William Hill sportsbooks made available on Friday.
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The NFL SuperContest at LVH is the largest and most popular football contest of them all. The contest's popularity stems from its ease of play (you pick five games against the spread), prize pool and national media attention. The SuperContest has received record-breaking entries each of the past few years and the prize pool is now in the million dollar range. Since all of the proceeds are returned to participants, the winner of this year’s contest will likely see a grand prize somewhere around $500,000 with a total of $1 million to be shared among the top 30 entrants. Not too shabby for a contest.
The LVH has long said that they’d like to see the entrants and prize pool grow similar to the way World Series of Poker has grown. That may not happen until sports betting is legal in other states, but the SuperContest is reaching some form of critical mass right now. There are more amateur sports bettors joining the contest in hopes of winning big money than ever before. The growing prize pool and mainstream media’s acceptance and promotion of sports betting (Fox Sports 1 is now promoting games with point spreads) will only help the SuperContest.
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We've done it again. Football season is finally here and so is VegasChatter's Guide to Everything Pigskin in Las Vegas.
Bookmark this at-a-glance guide for the latest on where to party, who's got the hottest specials, betting advice, and more. We'll be updating it all season long. Find out everything about football in Vegas by just scrolling down. Interested in a specific hotel or company? Then click on the links below to jump right to that section. Know of something we've missed? Shoot us the info and we'll throw it in!
If you want to pick a winning team based on more than what city you like better (hey, don't knock it. We've won a football pool with that strategy!), this year we've expanded our list of phenomenal resources from six to nine. From The National Post to Beyond The Bets, make sure you know them all by checking here.
Pick a gaming company and it's likely got a football contest for you. Here's a run down of the biggies: