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Originally Posted by WildBill You guys make the stupid assumption the SB is about bookmaking to Nevada casinos. It is not. They make 50% of their money on the stupid parlay cards they peddle. As for the line, its fallacy to think they would have suddenly brought in millions with the number at -10. People who were in town were going to bet what they were going to bet. The sharper players were going to be limited, but the high rollers they wanted around were going to be able to bet millions if they wished.
Besides you guys obviously pay no attention to the future book. The revenue was figured purely on the basis on this one game, but it seems a "lock" that most books were thrilled there were no payouts to Patriots futures bettors. That factor alone might more than make up for the small losses they absorbed on the single game bets. |
I don't know who made the stupid assumption that the SB is about bookmaking to the NV casinos....I agree it is not. The SB is just like bookmaking, or shows, or restaurants to the NV casinos, ie. they are all about making money. They did not make money on bookmaking this year and so, they made a mistake. Their mistake was not moving the line; it is NO fallacy that if one sportsbook had moved the line down from -12 to -10 that that sportsbook would have suddenly brought in millions of dollars on the Patriots...for you to argue that truism is a reason to have you booted like mofome, or at least placed in the dump!
In regards to the future book, it may seem a "lock" that most books were thrilled not to have to payoff on the Patriots, but unless you know the books liability on the Giants, you can not make that assumption.