- Online Gaming, Sports Betting In Michigan To Launch Friday
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- Free Las Vegas Football Picks
If you are a fan of sports betting you will LOVE Las Vegas. Being the only state in the union that allows legal betting on all of the major individual sports leagues and events, Las Vegas draws thousands of sports bettors year round. Almost all Las Vegas casinos feature a sportsbook and a number of big screen TVs which creates a great sports betting environment.
Betting on Sports in Las Vegas Las Vegas is the most famous wagering and gambling mekkah in the world and as such it has some of the most well known and established physical sportsbooks available. Even if you prefer to do your betting online or on your mobile it can still be an exhilarating experience to visit one of Las Vegas’ sports lounges. Reviews on Sports Betting in Las Vegas, NV, United States - MGM Grand Race & Sports Book, Circa Resort & Casino, Westgate SuperBook, Bellagio Sports Book, Caesar's Palace Sports Book, Red Rock Casino Race & Sports Book, South Point Hotel, Casino & Spa, M Resort Spa Casino, Wynn Las Vegas Race and Sports Book. Among Las Vegas gamblers, golf is considered one of the two fastest-growing sports to bet on (auto racing is the other). The most basic form of golf betting involves picking the winner of a tournament. Typically a sports book will list 30 or more individual golfers along with a field (all others) option, at various odds.
- Circa Sportsbook: sports betting the way it used to be. Downtown Las Vegas' newest sportsbook has the most dynamic betting options for the games you love!
- Auto racing Betting on auto racing has exploded in popularity in Vegas in recent years, and its appeal continues to grow. The structure of betting on auto racing is similar to that of golf. The most basic wager involves picking the winner of a race.
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Although sports betting has one of the lower win percentages for casinos, it still draws millions in revenue for Vegas casinos year round. The most popular sports betting event in Las Vegas is by far the Super Bowl, which draws thousands of sports bettors each February to bet on the big game. Not far behind the Super Bowl is the March Madness college basketball tournament which also draws some big numbers to Vegas to bet on the event.
With the popularity of online sportsbooks increasing there is no doubt that the Las Vegas sportsbooks are losing a little bit of business, but they are always going to bring in some great numbers for casinos. I do my sports betting online daily of course, but I love making a trip down to Vegas to bet on some sports and have some fun, and I know a lot of sports bettors are the same.
Las Vegas Sports Betting Revenue
Below are the numbers that Las Vegas casinos made in revenue from sports betting in 2009:
Overall
Total Amount Bet – $2.4 Billion
Total Casino Win (revenue) – $136.3 Million
Win Percentage (percent of money played that casino kept) – 5.31%
Football
Total Amount Bet – $1.0 Billion
Total Casino Win – $48.6 Million
Win Percentage – 4.45%
Basketball
Total Amount Bet – $802.5 Million
Total Casino Win – $38.2 Million
Win Percentage – 4.76%
Baseball
Total Amount Bet – $488.5 Million
Total Casino Win – $21.4 Million
Win Percentage – 4.38%
Parlay Cards
Total Amount Bet – $58.9 Million
Total Casino Win – $19.2 Million
Win Percentage – 32.57%
Other
Total Amount Bet – $126.0 Million
Total Casino Win – $8.8 Million
Win Percentage – 6.98%
Sportsbooks are huge for Vegas casinos, bringing in $136.3 Million in 2009. The only games which brought in more money were 3 card poker, roulette, craps, baccarat, blackjack, and slot machines. It seems as bettors do well with sports betting as the casino only has a 5.31% win percentage, compared to 11.31% for blackjack, and 12.04% for all table games.
Some Other Revenue Numbers:
From 1984 to 2011 Nevada has done pretty well for themselves…
- Total amount bet on sports in Nevada since 1984: $57,274,051,000 ($57.3 billion)
- Total amount won by Nevada sports books since 1984: $2,613,725,000 ($2.6 billion)
Since 1992 baseball betting has been the most profitable for bettors…
- Average win percentage on football since 1992: 4.53%
- Average win percentage on basketball since 1992: 4.69%
- Average win percentage on baseball since 1992: 3.01%
- Average win percentage on parlays since 1992: 29.71%
- Average win percentage on “other” since 1992: 5.48%
Las Vegas rarely has a losing month when it comes to football, but it does happen. Here is a list of some losing regular season football months for Nevada sports books:
- November 2012: -$5.29 million
- October 2012: -$6.23 million
- November 2010: -$2.48 million
- December 2005: -$3.31 million
- November 2005: -$11.28 million
How To Read Las Vegas Odds Boards
Las Vegas Sportsbooks
• Aria
• Arizona Charlie’s Decatur
• Arizona Charlie’s Boulder
• Bally’s
• Barley’s
• Bellagio
• Bill’s Gamblin’ Hall and Saloon
• Boulder Station
• Buffalo Bill’s
• Caesars Palace
• California
• Casino MonteLago
• Circus Circus
• Ellis Island
• Excalibur
• Fiesta Rancho
• Fiesta Henderson
• Fitzgeralds
• Flamingo
• Fremont
• Gold Coast
• Golden Gate
• Golden Nugget
• Green Valley Ranch
• Hard Rock Hotel Casino
• Harrah’s
• Las Vegas Hilton
• Hooters
• Imperial Palace
• Luxor
• M Resort
• Mandalay Bay
• MGM Grand
• Mirage
• Monte Carlo
• New York-New York
• Orleans
• Palace Station
• Palazzo
• Palms
• Paris
• Planet Hollywood
• Plaza
• Primm Valley
• Railroad Pass
• Red Rock Resort
• The Rampart Casino
• Rio
• Riviera
• Sahara
• Sam’s Town
• Santa Fe Station
• Silverton
• Skyline
• South Point
• Stratosphere
• Suncoast
• Sunset Station
• Texas Station
• Treasure Island
• Tropicana
• Venetian
• Wild Wild West
• Wynn
Resources:
David G. Schwartz. Nevada Sports Betting Totals: 1984-2011. Las Vegas: Center for Gaming
Research, University Libraries, University of Nevada Las Vegas, 2012.
Online Gaming, Sports Betting In Michigan To Launch Friday
There isn't much in life that can compare to the enjoyment of watching our favorite team make that winning touchdown, winning basket, or winning home run. Regardless of which sports events get your heart pumping, Vegas Online Sports Betting has you covered. Recognizing that not everyone can just drop what they're doing and hop a plane to Vegas during football season, sports bettors can engage in sportsbook wagering online via your personal desktop computer or laptop. Joined by Vegas online casinos as well as Las Vegas online poker rooms, online sports betting has developed a very significant presence in the online gambling community. And with the growth of mobile technology and our reliance on it, Vegas mobile sports betting has also emerged as a strong gaming platform.
In fact, some of the brands featured below offer all or a combination of those platforms under one gambling account. Bovada would be an example of this type of comprehensive offering as they provide a full service casino, poker room, sportsbook, racebook and even some Vegas style mobile gambling as well that includes both casino games and sports betting. They serve up a double portion of Vegas sports betting through their standard online option and their mobile sportsbook. All of the sportsbooks listed in the table below offer traditional online and mobile versions of their sportsbook.
Sporting News
Enjoying your sports betting online provides you with access to the same Vegas odds as you'd get at the bookmakers in Vegas, only with a better selection of sporting event lines and betting options to choose from. The Vegas Online Sports Betting that is offered at our featured sportsbooks includes exciting betting options such as multi-sport parlays, team and player props, and exciting live, play by play in-game betting. You'll have access to bonus offers, and intriguing seasonal promotions.
The Las Vegas Sports Betting Sites featured here have all been extensively tested and tried to ensure they they offer only the most secure and reliable online sportsbook wagering. They also include helpful resources and tools to provide bettors with every advantage possible, such as player and team stats, the latest news, game and practice schedules, and expert predictions. Online sportsbook betting is accessible 24/7 so you are not limited to any time constraints.
The list of sports betting sites you see below is important for several reasons. One of the reasons that we developed this guide is because the World Wide Web is no longer a safe and secure playground. Cyber predators and fraudulent, rogue gambling sites have changed the way we have to do business online. In the process of evaluating each of these brands, we verify that they are legal, licensed, and subject to regulatory oversight that monitors them each for fair play. If you just take your chances out there, you are likely to land at a dangerous gambling site that is in operation for one reason, to steal your money. Relying on our guide will guarantee that you avoid those types of sites, and that you have access to the best that the industry has to offer.
Free Las Vegas Football Picks
For those times when you are planning a trip to Sin City to enjoy some land based sports betting, check our our guide on Las Vegas hotels to gain access to detailed reviews and exclusive deals.