Profile | Entries | Thread Author | Posts | Activity |
---|---|---|---|---|
I just saw this post from jjgold, the founder of SBR:
"Nevada Casinos won $44.2 million (3.3% hold) in the football category, which includes both college and pro, according to Nevada Gaming Control Board statewide numbers released last week. Meanwhile, pro and college basketball brought in $48.8 million (6.6%) combined to the bottom line showing just how important these next two months are to the sports books. Granted, parlay cards generated $17.6 million in win for a whopping 28% hold -- the majority of play of which comes during football season, and football also wrote more action on the year." 28%!!! and they want more? In other words, there was $1.34 billion bet on football. Only $62.9 million of it was bet on parlay cards. So parlay cards are 4.7% of their total football action but 40% of their total profit. And they are still lowering their payouts. What a bunch of scumbags.
|
MyBookieWentBrk | 8 |
|
|
I just saw this post from jjgold, the founder of SBR:
"Nevada Casinos won $44.2 million (3.3% hold) in the football category, which includes both college and pro, according to Nevada Gaming Control Board statewide numbers released last week. Meanwhile, pro and college basketball brought in $48.8 million (6.6%) combined to the bottom line showing just how important these next two months are to the sports books. Granted, parlay cards generated $17.6 million in win for a whopping 28% hold -- the majority of play of which comes during football season, and football also wrote more action on the year." 28%!!! and they want more? In other words, there was $1.34 billion bet on football. Only $62.9 million of it was bet on parlay cards. So parlay cards are 4.7% of their total football action but 40% of their total profit. And they are still lowering their payouts. What a bunch of scumbags.
|
MyBookieWentBrk | 10 |
|
|
I posted this in NFL, but thought it might be more appropriate here as it only pertains to Vegas.
I went into the "Las Vegas Hotel (I still call it the Hilton) to bet a couple games and some parlay cards in the first week of CFB. I filled them out and bet without looking at the back for the payouts and realized after the fact that I had been screwed. They have cut their payout for everything but the real long shots. 5-team to 8-team payouts were cut by 12-22%. Seriously? I have been betting these for years and they loved my action as a loser. I went back to ask what was going on and the ticket writer said every book in Vegas was cutting their payouts because every book lost money for the year because of a couple of professionals. What a load of crap. I went to a William Hill book and their payouts were the same as Hilton had before. I also went to Harrah's and their payouts didn't change either (though they payed less than Hilton previously). I read an article that says sport book won something like 25% on the total parlay card action for the year in 2011. Yeah. So the writer lied on both accounts. I am done with this book. They have seen my last betting dollar on any type of bet, even the ponies!
|
MyBookieWentBrk | 10 |
|
|
Hilton 1/2 point card pays"
5-teams: 22 for 1 (previously 25 for 1, down 12%) 6-teams: 42 for 1 (previously 50 for 1, down 16%) 7-teams: 80 for 1 (previously 100 for 1, down 20%) 8-teams: 156 for 1 (previously 200 for 1, down 22%) 9-teams: 400 for 1 (unchanged) 10-teams: 800 for 1 (unchanged) Luckily I lost my cards (three 5-teamers and three 7-teamers) anyway so I can't complain about being shorted on the payout! I think William Hill retained to payouts from Lucky's. They will be getting my action!
|
MyBookieWentBrk | 8 |
|
|
I went into the Hilton yesterday and picked up a couple parlay cards to bet some games for the weekend. I filled them out and bet only to realize that they slashed their payouts. And I mean SLASHED! I think all of their payouts are 10-20% lower than last year. I guess I am done with this book. At least they got some dollars from me yesterday. But those will be the last!
|
MyBookieWentBrk | 8 |
|
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.