Las Vegas Gets Absolutely Destroyed by Patriots Super Bowl LI Win

Written by:
Guest
Published on:
Feb/06/2017

With the 3-point favorite New England Patriots winning the first ever Super Bowl played beyond regulation in a shocking come-from-behind victory, Las Vegas sportsbooks got completely hammered, Gambling911.com is learning Monday morning.

"For Nevada's largest sports book operator, William Hill, it was a fitting end to a terrible pro football season," a William Hill spokesman told CBS News. "The Patriots, trailing 28-9, were available at 16/1 (+1600) on the LIVE InPlay Money Line, and their comeback was very profitable for the majority of bettors.

"The favorite covered. The total went over. All the popular props cashed."

65 percent of the public money was on the Patriots heading into Sunday’s Super Bowl LI.

Hill - and probably a whole swath of other Vegas bookies – were hit with another dilemma after the Pats had been trailing throughout much of the game.

From CBS News:

There were "triple digit" tickets (literally hundreds of them) on the Pats when they were 10-to-1 or higher. A $10 ticket on the pats at 10-to-1 would pay out $100.

The hundreds of proposition bets and LIVE IN-PLAY WAGERING certainly helped reduce some of the pain with the online books but local New England bookies who were on their own without the services of a Pay Per Head that provides similar options will likely be in hiding until March Madness.

Business/Financial News

Weekend Parlays That Can Generate Your Sportsbook More Cash

Weekend Parlays That Can Generate Your Sportsbook More Cash

Promoted parlays help pay per head agents to increase profits. All an agent needs to do is offer a bonus betting credit in order to promote a 4-team parlay. Find out the weekend games that can drum up sportsbook business.

Online Bookie Tips: How Agents Avoid Hitting The "Low Season"

Online Bookie Tips: How Agents Avoid Hitting The "Low Season"

The dreaded “low season” for bookies is approaching. What is the low season, and should online bookie agents be concerned? Check out these tips for avoid the low season and keep cash flowing year ‘round.

Master Agents Need Access To These 3 Tools To Manage Their Sportsbook

Master agents have to have a specific skill-set in order to be a master of their sportsbook. What else do they need? They need tools that are a bit different than an online bookie agent’s. Find out the 3 main tools Master Agents need.

Calvin Ayre on Why Bitcoin is Surging

This woman knows what she is talking about, so says Calvin Ayre of Coingeek.com.

Icelandic Fugitive in Bitcoin Heist Arrested in Amsterdam

Amsterdam police have arrested an Icelandic fugitive suspected of masterminding the theft of hundreds of computers used to mine bitcoin and other virtual currencies.

Syndicate