While several Las Vegas sports books have remained content with their Patriots -3 (EV) number for the long haul, Johnny Avello felt the need to maneuver some more after already making the move to Patriots -2½ two days ago.
On Saturday morning, Wynn Las Vegas dropped the line to its lowest point yet at Patriots -2.
“It’s a business decision based on where we need to be with everything that has occurred the last two days and also anticipating action over the next two days,” said Avello who initially opened the Patriots -4. “This is where we need to be.”
The other sports books around town have been reporting more two way action now compared to what the first seven days did where it was all Giants money.
Lucky’s sports books made the move below -3 Friday when they dropped the Patriots to -2½ (-115) while major books like Station Casinos and The LVH Super Book have remained steady at -3 (EV). Coast Resorts recently went back to Patriots -3 (EV) after playing around for a few days at -2½ with money attached.
South Point sports director Bert Osborne has held steady with the Patriots -2½ (-110) which was the best line out there until the Wynn joined him a few days ago, but says he’s closer to going back to -3 than going down further.
“This last move to -2½ has been pretty steady for us with a little more volume on the Patriots,” said Osborne.
Even though Avello can’t say so himself, the reasoning likely behind their move to -2 is because of large house players, or maybe one or two particular whales.
In most cases, these type of bettors that wager $500,000 to $1 million don’t care what the line is and are given anything they want as far as limits go. Between the Wynn and Encore, you can believe that there are quite a few whales lodged there for the Super Bowl weekend, one of busiest of the year.
Again, this is all hypothetical, but Avello would then be in the position to best balance out his book. There’s no better way to do that than offer the best line in the world on the other side, which also includes his money line sitting at -130.
My best guess is that one of those whales arrived on Friday night and laid a ton of cash on the Giants at +2½ putting Avello in a spot where he needs any and all the Patriots money he can find.
The best way to get it is have the best line.