Even with favorites doing damage books survive the weekend
October 24, 2017 3:00 AM
by Micah Roberts
You know the Las Vegas sportsbooks have bettors right where they want them when favorites go 9-2-2 against-the-spread in Sunday’s NFL Week 7 action and they’re still able to come away with a win.
After beating the public up a little bit the past weeks where the favorites didn’t do as well, bettors were scratching their heads with confusion of who to bet, at least those that still had money left in their pockets to bet.
“It was an okay day, but not a day of big decisions while we also got a push on the Bills and Dolphins,” said Station Casinos sportsbook director Jason McCormick. “Bears were a sharp side that cashed but the other moves on Packers, Giants, Ravens and Broncos went down. Public parlays and parlay cards did well with fan favorites like the Steelers, Seahawks, Jaguars and Cowboys.”
MGM Resorts’ books along the Strip had a similar story, citing handle was down as well.
“Fair day, we didn’t have any real big decisions,” Mirage sportsbook hub manager Jeff Stoneback said. “We won two of our four biggest decisions; we won with the Chargers late, but lost with the Cowboys. It was a nice day, but nothing great.”
Had it been Week 1 and the same type of favorite ratio with all the exited cash churning through the bet windows, the books would have gotten buried. Anyway, the Chargers won their third straight game after starting 0-3. They beat the Broncos 21-0 to give them their first win at their new stadium in Carson, Calif.
The stadium was filled with fans wearing the color orange.
The books even got a break with the lowly Browns (+6) covering a spread. They still lost, this time in overtime at home – 12-9, but it turned out to be the most bet game of the week at William Hill’s sportsbooks. They reported 16 percent of their overall cash bet on the games during the week to be on the Titans-Browns and 84 percent on the Titans.
One team the bettors were really correct about was the Cowboys, laying 6.5 at San Francisco and covering easily in a 40-10 win, which also got the Over (47.5) to cash – both popular two-team parlays hooked up together. The 49ers had been gritty with covers most of the season, but the Cowboys looked Super Bowlish with Ezekiel Elliott back in the lineup.
The late game featured a Super Bowl rematch with the Falcons at a foggy New England with the Patriots’ number dropping from -3.5 to -2.5.
“Lots of straight bet Falcons money, but parlay liability rolls on Pats and Over,” said McCormick prior to kickoff.
I had a time wondering why bettors were jumping on the sluggish Falcons. They look kind of broken.
“It’s an unusual position needing the Patriots in an isolated night game, but we got a lot of sharp on the Falcons. We’re 2-to-1 tickets on the Patriots but 2-to-1 on Atlanta cash.”
The Falcons looked like they didn’t want to be there and lost 23-7, getting their lone score in the fourth quarter. But hey, at least Julio Jones finally caught a TD pass.
Most books came out really good Saturday.
“Saturday was really good for us, the Notre Dame game was great for us, but Michigan was a bad loss,” Stoneback said. “But overall, between baseball and the entire day of college football it was great.”