Nevada Sportsbooks Will See Profit From Super Bowl Despite Taking Big Hits

Submitted by Aaron Goldstein on

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Aaron Goldstein

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Another safety and the Ravens win combined to make for a not-so-great Super Bowl for the Nevada sportsbooks.  Still, most anticipated making a small profit.

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They are also hopeful about beating the 2006 record, when $94.5 million was wagered on the big game.

“The Ravens’ outright win and the over was our book’s least desirable outcome,” LVH Super Book assistant manager Jeff Sherman said in an e-mail.

The intentional safety scored in the final seconds to eat up the clock paid 8/1 odds or greater at most books.

More than $10 billion was projected to be wagered on the Super Bowl worldwide, according to Las Vegas-based handicapping information website Pregame.com.  Less than 1 percent of that number was expected to have been bet in Las Vegas.

The last time Las Vegas failed to make a profit on Super Bowl wagers was in 2008.

- Aaron Goldstein, Gambling911.com

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