NJ Loses Big on Super Bowl!

#1
Sometimes the good guys win. NJ books lost 4.6 million on the game. It seems like an east coast/west coast thing to me. Rightsiders liked the Patsies and left coasters went with the more local Rams. Similar to what happened in the Caps-Golden Knights series. GK would never have been favored if east coast books had been open then. Sports are quite provincial and east coast books opening has changed the dynamics of sports betting. Will change further when and if Cali opens sports betting.
 

ComptrBob

EOG Dedicated
#2
NJ SB handle of $34.89M small compared to Nevada's $145.9M and profit of $10.78M. I'm surprised NJ books paid Patriot bettors, thought they would blame "technical errors" with Pats bets. :)
 

John Kelly

Born Gambler
Staff member
#3
Sometimes the good guys win. NJ books lost 4.6 million on the game. It seems like an east coast/west coast thing to me. Rightsiders liked the Patsies and left coasters went with the more local Rams. Similar to what happened in the Caps-Golden Knights series. GK would never have been favored if east coast books had been open then. Sports are quite provincial and east coast books opening has changed the dynamics of sports betting. Will change further when and if Cali opens sports betting.

California bettors and Nevada bettors are one in the same.

They like the Lakers, they like the Warriors, they like the Raiders, they like the Dodgers and most of all, they like betting favorites.
 

MrTop

EOG Dedicated
#4
N.J. has done a horrible job promoting the sportsbooks overall. Some of N.J. sportsbooks don't have enough of information on getting customer service. , phone numbers, web site addresses. etc. Some of the online sports books have the same betting #'s. example : draftkings, 888sport & sugarhouse have the same #'s . Some of the sportsbooks take the game down 5 minutes to post. They need a lesson from offshore. One sportsbook called me up to get me to play at his sportsbook and I told him your #'s are the same as draftkings. . He had no idea and had less info than me. There are no game #'s in new jersey. MGM, WH, hard rock and caesars don't even have game #'s . Most likely on purpose. Cannot bet on Princeton or Rutgers. Maybe 5-10 years from now. One thing that works real well so far is getting paid. Your bank handles all the work for free .Right back into the same account that you sent it from.
You get it in about 2-3 days. Security is tough though. I am surprised I don't have to give them a physical too. Limits so far online are as high as 1k-5k . All I have tested so far.
 
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ComptrBob

EOG Dedicated
#6
Hilarious tweet from David Purdum about how much RI lost on the SB:

"Don’t know. Couldn’t get anyone from Rhode Island to discuss" :)
 

Heim

EOG Master
#7
I can't remember the year but JK had Vic Salerno's kid on (Leroys show) the Monday after SB. He was running Leroy's book at the time. He sounded like a dead man walking. It was not too long after that William Hill bought them out. That interview would have made anyone question Leroy's reserves.
 
#8
LOL remember all the talk about 'billion dollar business' when they were begging to get this shit legalized? They handled less than 35 million and they lost 5. Cant make it up. So counting taxes theyre going out of business basically.

I think reality is setting in and setting in hard. NO one bets sports 'legally' and all the shit they talked was basically the same mythology that every retard wants to believe about some seedy underground faction of billionaire gamblers. GLOBALLY sure it might be billions but most of that (as in way more than half) is bet on soccer, and I would say tennis since its the one most widely fixed. American sports (other than the superbowl) dont eve register in the overall sportsbetting handle around the world. And from the looks less than 200 million was bet 'legally' yet there will be stories for sure claiming how 50 trillion was bet o n it around the world. because 'news' cant help but be made up no matter what area it comes from.
 

winkyduck

TYVM Morgan William!!!
#9
I can't remember the year but JK had Vic Salerno's kid on (Leroys show) the Monday after SB. He was running Leroy's book at the time. He sounded like a dead man walking. It was not too long after that William Hill bought them out. That interview would have made anyone question Leroy's reserves.
Leroy's was mismanaged by morons who never should have gotten involved in the industry in the first place
 
#10
I hope Pats, Eagles, Steelers, Ravans, Celtics, Sixers, Raptors, R/SOX, Yanks don`t put North Eastern books out of business. Figure worse they do is raise juice on those 9 teams. 56,000,000 people in a small area. Most densely populated area in United States.
 
#11
We are talking 1 game here. Eastern books have suffered a setback but they will recover. East coast bettors are not always going to win. Books set Rams' line that killed the east coast outlets. I imagine Vegas would have only broken even or worse if the Rams had covered. The cheapskates on this coast may have to hire a decent linemaker and/or ris manager.

Should have moved the line to Pats 3 minus 110 and let the losing bets roll in.
 

John Kelly

Born Gambler
Staff member
#12
I can't remember the year but JK had Vic Salerno's kid on (Leroys show) the Monday after SB. He was running Leroy's book at the time. He sounded like a dead man walking. It was not too long after that William Hill bought them out. That interview would have made anyone question Leroy's reserves.
Leeoy's was broke because Vic had all the money.
 
#15
Hilarious tweet from David Purdum about how much RI lost on the SB:

"Don’t know. Couldn’t get anyone from Rhode Island to discuss" :)

I was talking to David about it.

I was there for 10 mins today, and saw 3 people cashing 20k+ tickets. Rhode island got killed. Big money from Boston was being bet there... definitely a loss for the state.
 
#20
Rhode Island books need Red Sox to start season on serious losing streak.
Yep. Watching management, a couple who I’m friends with, they aren’t doing very well with risk management. Letting a lot of sharps put huge money down. Saw them take $10k on an nba total last week, which was over the posted limits, and never even asked for id or anything. One call up to the boss and they accepted it. Bet won by 25 points.
 
#22
Yep. Watching management, a couple who I’m friends with, they aren’t doing very well with risk management. Letting a lot of sharps put huge money down. Saw them take $10k on an nba total last week, which was over the posted limits, and never even asked for id or anything. One call up to the boss and they accepted it. Bet won by 25 points.
a bet winning by 25 points doesnt mean it was a sharp bet. if they are letting those thru they surely are at market price or worse
 

MrTop

EOG Dedicated
#24
Kraft is part owners of Draftkings. .. all the books lost in NJ but draftkings. that is why the patriots won. Kraft wins again. anything kraft touches it wins. just look at the correlated parlay of Kraft macaroni & cheese another winner.
 
#25
Those books will be fine. The fact they didnt have the Patroits at -4 or higher given their location and betting bias shows they arent bookmakers but screen watchers.
 

MrTop

EOG Dedicated
#27
everyone on east cost closed at - 2.5 . Just about everyone in vegas closed at -2.5 Offshore had -2 . except for 5 dimes which closed at -2.5. The bettors just picked it correct.

offshore had a lower total
 

Heim

EOG Master
#28
Was interesting watching the total trickle down from 56.5 to 55 by game time. That's really where the sharp money is because game plan info leaks out.

Where did the total close East?
 
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John Kelly

Born Gambler
Staff member
#29
Yep. Watching management, a couple who I’m friends with, they aren’t doing very well with risk management. Letting a lot of sharps put huge money down. Saw them take $10k on an nba total last week, which was over the posted limits, and never even asked for id or anything. One call up to the boss and they accepted it. Bet won by 25 points.
Good info, BP2.
 

MrTop

EOG Dedicated
#30
I saw the greek was as low as 55. cris was at 55 .5 with juice . NJ closed at 55.5 up to 56.5


don best history not the same as when DBS3 was around.
 
#31
everyone on east cost closed at - 2.5 . Just about everyone in vegas closed at -2.5 Offshore had -2 . except for 5 dimes which closed at -2.5. The bettors just picked it correct.

offshore had a lower total
Twin river closed at -3 and was -3 for the last 3-4 days
 

MrTop

EOG Dedicated
#32
Twin river closed at -3 and was -3 for the last 3-4 days


no competition up there but credit offices right ? ( which could of been enough. ) People who had only twin river to play at had no choice but to lay -3 if on pats. There should be a few in each state minimum.
 
#33
There is no legal competition. William hill runs both sports books in RI. So ri bettors for the worst of it and still cleaned up

A couple of bookies I know told me they had to decline action on pats as the week goes on cause they took so much pats action around here. Crazy
 
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