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.
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.
Station Casinos sportsbook lists the total number of QBs drafted in the first round at 3½. The over opened as a +140 underdog, but has been bet up to a -150 favorite.
William Hill won more than $1 million on Washington, which was reportedly only the second team in 25 years to cover the spread without scoring in a 9-0 loss to the 49ers.
The Bills went 6-10 last season — after going 9-7 and making the playoffs in 2017 — and finished second in the league in total defense and first in passing defense.