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In other news...Record $132 million bet on Super Bowl 50 at Nevada sportsbooks

Posted on 2/9/16 at 2:33 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51637 posts
Posted on 2/9/16 at 2:33 pm
quote:

A record $132.54 million was bet on Super Bowl 50 at Nevada sportsbooks, with the house winning $13.31 million, according to numbers released Monday by Nevada Gaming Control.

The $132.54 million wagered on the underdog Denver Broncos' 24-10 win over the Carolina Panthers at the sportsbooks topped the previous record of $119 million set in 2014. The $13.31 million was the third most Nevada's 194 regulated sportsbooks have ever won on the Super Bowl.

Geoff Freeman, president and CEO of the American Gambling Association, released a statement Monday that added perspective to the record betting volume, which ran as high as an estimated $4.1 billion in illegal wagers.

"The record amount wagered -- legally and illegally -- on Super Bowl 50 offers further proof that sports betting has become America's new national pastime," Freeman said. "Fans want to be invested in their favorite sports and, one way or another, will find a way to do so. AGA will continue to build support for a modern and rational approach that protects these fans and the integrity of the sports we enjoy."

"Great crowds, great business and a really good day for Las Vegas," Art Manteris, Station Casinos' vice president of race and sports, said Sunday night.

It was the eighth straight winning Super Bowl for the books. They've been on the losing end of only two Super Bowls since the NGC began tracking Super Bowl betting in 1991. During that stretch, the books are up $157.7 million.

Their only losses came in 2008, when the New York Giants upset the New England Patriots, and 1995, when the San Francisco 49ers routed the San Diego Chargers. Their biggest win came in 2014, with the Seattle Seahawks' rout of the Broncos. The books won $19.6 million that year.

This year, the books benefited from balanced action on the Broncos and Panthers. Sportsbook operator CG Technology said less than $50,000 separated the two teams, in terms of money bet on the point spread, with 51 percent of it on favored Carolina. The money bet on the over/under total at CG Technology was also evenly split. Carolina closed as a consensus five-point favorite, with the total at 43.5 at the majority of books.

"The under was by far the sharpest side," CG Technology vice president of race and sports Jason Simbal said. "Seventy percent of the tickets were on the over, but the money was 50/50, so that tells the story."


Did any of you win some big cash this weekend?


LINK
Posted by oleyeller
Vols, Bitch
Member since Oct 2012
32021 posts
Posted on 2/9/16 at 2:37 pm to
won 5 units on broncos +6
Posted by O
Mandeville
Member since Oct 2011
6463 posts
Posted on 2/9/16 at 2:40 pm to
I had a buddy that won $1300. He was pretty pleased. Mostly prop bets, he won the most amount on Vonn Miller to win MVP at like 17 to 1. He also took the Broncos.
Posted by mizzoubuckeyeiowa
Member since Nov 2015
35549 posts
Posted on 2/9/16 at 2:43 pm to
Yep,

the biggest fools gold was that Broncos team against the Seahawks.

Everyone said all year in 2013 that the two best teams were the Niners and Hawks and that the real Super Bowl was the NFC Champ game.

Yet suckers got seduced by lazy stats and the Manning brand...without realizing how bad the AFC sucked that year.

Broncos were the Vegas favorite to win the Super Bowl in 2013 before the year began, and bettors stuck with that despite evidence to the contrary and the physical play of the NFC...and the Hawks were 2.5 underdogs going into the Super Bowl and come Super Bowl time 70% of betters went with the Broncos...and bettors lost more than any day in NFL history.

The house always wins. Vegas smart, sportsfan dumb.
This post was edited on 2/9/16 at 2:45 pm
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73851 posts
Posted on 2/9/16 at 2:43 pm to
Amazing that some people would think Vegas would part with all that money to Joe Public
Posted by gamecocks22
SC
Member since Dec 2012
4913 posts
Posted on 2/9/16 at 2:44 pm to
Won on Denver. Literally almost everyone was picking Carolina. No way Vegas was gonna lose that much. Hell my gut even said take Carolina, but my head said Vegas isn't going to lose like that. Glad it worked out. One day people will learn. Don't take the sure thing.
This post was edited on 2/9/16 at 2:45 pm
Posted by dukke v
PLUTO
Member since Jul 2006
203072 posts
Posted on 2/9/16 at 3:17 pm to
I won a ton. As usual........
Posted by oleyeller
Vols, Bitch
Member since Oct 2012
32021 posts
Posted on 2/9/16 at 3:33 pm to
quote:


I won a ton. As usual........


do you count the money people win by fading you?
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