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NFL Lines - Late Money On Patriots Saves Las Vegas

Posted by Jackson Anthony on 2/10/2012 12:16:02 AM

image credit:spacepleb

In a previous post, we wrote that a 20 dollar bet on the Giants could turn into a 1600 dollar pay day.

After the Giants dropped 4 straight games midway through the season falling to 6-6, there was little hope that New York would even make the playoffs.

Giants Faithful Big Winners

The line for the Giants to win the Super Bowl went from 20:1 to 80:1 and a few Giants fans took advantage.

The Giants went on to win 6 straight games including the Super Bowl, theoretically leaving Las Vegas oddsmakers on the losing side of the biggest sports betting day of the year in the U.S.

Las Vegas Was Lucky

Luckily for Las Vegas oddsmakers, some late action on the New England Patriots may have saved what could have been one of the most disastrous day Super Bowl days ever for Nevada sportsbooks.

Jimmy Vaccaro, director of sports operations at Lucky's Race and Sports Book in Las Vegas said, "Everything together made us a fair winner for the day."

Sports books in Nevada have made profit on 18 of the last 20 Super Bowls.

source: Bloomberg

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