November Vegas Stats

DNoonan

Gunga galunga... gunga, gunga-galunga.

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• Dec 28, 2017

• #1

[FONT=&quot]Sportsbooks
Nevada sports books lost $11.4 million on baseball in November. It's the books' worst single-month loss on baseball ever. Their second-worst was Nov. 1999, when they lost $6.2 million.

Despite taking a beating in mlb, overall books still won $9.8M in November

Football contributed $10.8M to the bottom line (NFL + college)

Last losing month overall for nevada books was July 2013

Non sports
blackjack: +$84.1M
Craps: +$29.0M
Roulette: +$32.9M
Baccarat: +$64.9M
Slots: +$274.7M


[/FONT][FONT=&quot](figures from David Purdum)[/FONT]

 

VIEJODINOSAUR

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• Dec 28, 2017

• #2

Would like to see a breakdown by casinos....

I find it hard to believe....

 

DNoonan

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• Dec 28, 2017

• #3

which part VD...the overall mlb number?

 

Megacapper

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• Dec 29, 2017

• #4

I think a bit misleading. Probably just based on cash in vs cash out. They are paying out props for season bets. Cash would have been taken in months earlier.

 

exploited17

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• Dec 29, 2017

• #5

I don't know much about it. I'm sure others can shed light. Was told that sportsbooks don't even really make money. They have them to bring in people who later go on to lose at tables and slots. But....doesn't seem right as they could just lay off action that is lopsided, right?

 

theMadMan

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• Dec 29, 2017

• #6

They do just fine!

Believe me they would close them if they did not make money ..............lots other ways to get traffic in casino, but you really do not need it ,,


Gamblers will always come!!!!

 

DNoonan

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• #7

http://www.lvcva.com/includes/content/images/media/docs/ES-Nov-2017.pdf

 

DNoonan

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• #8

http://gaming.unlv.edu/reports/6_month_NV.pdf

 

DNoonan

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• #9

URL has month by month

if not for August (maywether fight) they would be down a lot more year over year

august was up like 20% yoy

 

valium

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• Dec 29, 2017

• #10

exploited17 said:

I don't know much about it. I'm sure others can shed light. Was told that sportsbooks don't even really make money. They have them to bring in people who later go on to lose at tables and slots. But....doesn't seem right as they could just lay off action that is lopsided, right?

Click to expand...

No. Casino can not layoff any action. it is not allowed.

 

VIEJODINOSAUR

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• Dec 29, 2017

• #11

DNoonan said:

which part VD...the overall mlb number?

Click to expand...

Yes....no book in Vegas will risk even a million on any game or event....