This year was the slimmest winning Super Bowl since 98February 08, 2011 1:06 PM by Staff & Wire Reports
Sports books in Nevada won just over $724,000 from Super Bowl bets despite heavy gambling on the Green Bay Packers and lots of scoring, Nevada gambling regulators said Tuesday.
The Nevada Gaming Control Board said $87.5 million were wagered on the NFL's championship game in 183 sports books across the state.
Of those bets, casinos kept less than 1 percent.
Green Bay beat the Pittsburgh Steelers 31-25 at Cowboys Stadium in Arlington, Texas, on Sunday night. The Packers were a 2 1/2-point favorite in most Las Vegas casinos, giving their supporters a win with the six-point victory. The combined 56 points scored helped bettors who gambled that the total would go over about 45 points.
Mike Lawton, a research analyst with the control board, said that while some casinos won, others had moderate losses.
"There wasn't anyone that lost anything mind-blowing," he said. "I think we were really worried about it being a loss — it could have been worse."
Gamblers wagered 5.5 percent more this year than last year, when Nevada casinos won $6.9 million on $82.7 million in Super Bowl bets as New Orleans beat Indianapolis, 31-17.
Casinos have lost once only once on the Super Bowl in the last 10 years, in 2008 when bettors gambled $92 million and casinos lost $2.57 million as the New York Giants beat New England, 17-14.
This year was the slimmest winning Super Bowl for casinos since 1998, when books won $472,000 on $77.2 million in wagers. The Denver Broncos beat Green Bay in that game, 31-24.
SUMMARY NEVADA SPORTS BOOK PERFORMANCE FOR LAST TEN SUPER BOWLS
|WIN/(LOSS)||WIN %||GAME RESULTS|
|2011||$87,491,098||$724,176||0.83%||Green Bay 31, Pittsburgh 25|
|2010||$82,726,367||$6,857,101||8.30%||New Orleans 31, Indianapolis 17|
|2009||$81,514,748||$6,678,044||8.20%||Pittsburgh 27, Arizona 23|
|2008||$92,055,833||($2,573,103)||-2.80%||N.Y. Giants 17, New England 14|
|2007||$93,067,358||$12,930,175||13.90%||Indianapolis 29, Chicago 17|
|2006||$94,534,372||$8,828,431||9.30%||Pittsburgh 21, Seattle 10|
|2005||$90,759,236||$15,430,138||17.00%||New England 24, Philadelphia 21|
|2004||$81,242,191||$12,440,698||15.30%||New England 32, Carolina 29|
|2003||$71,693,032||$5,264,963||7.30%||Tampa Bay 48, Oakland 21|
|2002||$71,513,304||$2,331,607||3.30%||New England 20, St. Louis 17|
NCAA Football Betting Primer | Despite a razor-thin loss at Florida State, Notre Dame is still very much alive in the hunt for the college football playoff. The Irish have had two weeks to both get over that last-second defeat in Tallahassee and prepare for Navy.
Sometimes the house doesn’t win as much as it hopes. MGM Resorts International (MGM) earned $40 million less in revenue from its casinos, largely table games, in the third quarter compared to a year ago.
Just three days into the new season, the NBA has its first marquee matchup as the Chicago Bulls host the Cleveland Cavaliers. Tip-off is set for 8:00 p.m. ET at the United Center where the Bulls are favored by -3.5 with the total at 193.5.
Swish's Free Smart Play of the Day | Swish Analytics prides itself on a data-driven system, and unlike most handicappers, we try to give a detailed statistical breakdown of why and how picks are formulated.
A homecoming four years in the making takes place in Cleveland tonight when LeBron James and the new look Cavaliers play host to Carmelo Anthony and the New York Knicks.
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