How much is Vegas out on this one?

Early returns.....

 

They got hit on the fave and the over....the majority that came in on yesterday and today were NE & team total over 33.........parlays, teasers brought back some....but early estimates are that approximately $20M of the $100+M was lost...

 

MGM Mirage sports book director Robert Walker, who predicted the Patriots in a rout, assesses the damage.

"We got crushed on the game," he says. "The Giants winning outright was our worst-case scenario. We just needed the Patriots to win the game, and we would've been fine. There are a lot of happy customers out there."

Walker estimates tickets were written on the Giants at a 2-to-1 ratio on the point spread and a 30-to-1 ratio on the money line. The Giants were about plus-350 to win outright, meaning a $100 wager paid off $350. Some large money-line bets were on the Patriots, he says, but the public money overwhelmed the professional play.

Walker says business was "steady but not extraordinary," and he's unsure if the handle on the game will set a Nevada record and approach $100 million.

"I was really surprised the Giants were able to march down the field like that and win," Walker says. "I really thought the game was over when Moss scored that touchdown.

"I didn't like the Giants. I didn't think they had a chance."

He was not alone. But a lot of NFL handicapping "amateurs" were partying like it was New Year's Eve.

The books had a ton of liability on the Pats futures to win the SB. So the Gints M/L couldn't have hurt too much. They had to clean up on the props, the totals, and the teasers getting busted on the under hitting. I would say the profits would be 10 - 15 % in Nevada, which is incredible.