Las Vegas sportsbooks have lost on the last six NFL drafts, or every year since the Nevada Gaming Control Board approved wagering on the event in 2017.
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There were several lessons to be learned by bettors on an NFL Sunday won by the sportsbooks. One is that when a line doesn’t look right, it’s probably right on the money.
The first NFL draft in the Entertainment Capital of the World doesn’t have a headliner. But there will be drama on the betting board, starting with the No. 1 pick.
“To have a 15, two 11s and a 10 left right now speaks volumes. That just shows the parity of college basketball,” Red Rock Resort sportsbook director Chuck Esposito said.
My biggest regret as I retire from the newspaper business is that I’m stepping away from a story I care deeply about, long before it’s done.
BetMGM took a $10,000 bet to win $1.5 million on the Hawks, who were as high as 500-1 to win the NBA title. Atlanta is a slight favorite over the Knicks in the first round.
Sixteen Circa Survivor contestants who selected the Rams saw their season-long quest for the $1.39 million prize come to a stunning end after the Jets’ 23-20 win.
The Chiefs didn’t cover as 8½-point favorites over the Chargers but they cashed countless teasers and money-line parlays on a day that saw favorites start 12-1 straight up.
Lamar Jackson was a 200-1 long shot to win MVP last season, and a professional sports bettor turned $500 into $63,000 at Circa (at 125-1) when Jackson won the award.
Nevada gaming regulators are considering an 11th-hour intervention that would allow the state’s racebooks to have betting on this year’s Kentucky Derby.