TeamGSP Posted November 17, 2015 Report Share Posted November 17, 2015 according to an article on bloody elbow, somebody bet $20,000 on holly holm +1200 moneyline to win $240,000 plus mgm lost a lot of money. Dana white also said on the joe rogan podcast that the bellagio had to shut down for 1 hour because the casino did not have enough money to pay out everyone from the holly holm fight. He also mentioned there was a lot of parlays with college football heavy favorite moneylines with holly holm in it. Lenny Fresquez (Holly Holm's manager) said in his mmafighting interview with ariel helwani that he made 6 figures from betting on holly holm. That sounds like a $10,000 bet on the moneyline of at least +1000 or more which was around what the line was before anyone made the flight out to australia. By the time everyone was in the octagon and before the fight started, i remember seeing the holly holm moneyline being at +550. I mean all these stories coming out are really making a lot of sense as to why that moneyline went from over +1000 down to as low as +550 on bet365. Bookmaker i saw it was like around +700 before the fight started. As we go down to the wire in college football and the nfl, this to me is a really good chance to buckle down on some games that have a chance of getting rigged. These losses happen from time to time but i don't think las vegas can afford to sit on a big loss like this after football season is over. All that holly holm money has got to come back to the casinos before the football season because nobody cares about basketball or baseball as much. All the big money bets are always on football. To me this loss is very huge to the sportsbooks, they can't count on the superbowl and bowl games combined for college football to get it back. They are better off starting the process right now, while regular season nfl is still going on and let everything carry over into college bowl games and get the money back. The time to start paying attention is now and this coming weekend. Lets see what happens bubba. Here's some evidence on this holly holm thing: http://www.bloodyelbow.com/2015/11/16/9745184/ufc-193-ronda-rousey-vs-holly-holm-sports-betting-bookie-mgm-loss-six-figures-mma-news Quote Link to comment Share on other sites More sharing options...
LCD Posted November 17, 2015 Report Share Posted November 17, 2015 Uh...so a multibillion dollar enterprise (the NFL) that has a public animosity towards casinos is going to start rigging games because the sportsbooks lost a relatively small amount of money on a fight between two women in Australia. The MGM lost six figures. In sportsbook terms that means something. In casino revenue terms it is almost irrelevant. Look at the amount of money you're talking about. The Wynn probably makes more than that selling food to tourists every day. $120 million was bet in Vegas on the Super Bowl alone last year. Somehow I think they'll weather the storm of the Holly Holm upset. Quote Link to comment Share on other sites More sharing options...
TeamGSP Posted November 17, 2015 Author Report Share Posted November 17, 2015 how about lowering limits on what you can bet on this games? How about not being able to bet sports at all? Of course the nfl is going to have public animosity towards betting. Think about it, how much will the nfl lose if you can't bet on these games anymore? How much will the nfl lose if you can only bet $100 a game instead of $10,000 or more pending management approval? The betting on sports is still a division of casino revenue. You think sportsbetting is worth having to the casino if money is lost? Sorry but i want some rigged games. I want the las vegas sportsbooks to stay in business. I want them to win more money so that they can expand betting options like you can do online. I want live in game betting to be offered at a lot of casinos. Let me be on the right side of the fix. I want to continue to do whatever the opposite is that the public is betting so that i can try and win money like the sportsbooks. I wanna be able to guess correctly/gamble on games that i think look like might be fixed. This is a lot of fun and i want life to make sense. Is it possible that nobody would care if you can't bet in las vegas anymore? Is it possible that online betting books have a stranglehold on any sportsbook in las vegas? Anything is possible but i think some people can get my grip when i'm talking about games being rigged. I have no proof that anything is rigged but to me the nfl and sports betting have a major connection with tv too. How many people actually watch the games every single time without betting on it? Of course a large percentage of people who watch it on tv do so because they wanna be part of the game and betting on it helps everything intertwine together and it makes sense. Quote Link to comment Share on other sites More sharing options...
Bimmercando Posted November 17, 2015 Report Share Posted November 17, 2015 Hard to watch some teams/games with no $$ on the game. Home fave team is easiest to watch without $ on them.Other shlock teams/games, broadcasters try to avoid. Quote Link to comment Share on other sites More sharing options...
Elko Posted November 17, 2015 Report Share Posted November 17, 2015 fight money is chicken feed next to sports money. books had to see this with the fight line dropping from -1100 to -500 (here in AUS) when weird action happens in sports, games get dropped, circled, limited. in fights you've only got to get to one person, in sports you've got to get to many. sky is NOT falling, chicken little. Quote Link to comment Share on other sites More sharing options...
Moldoveanu Posted November 17, 2015 Report Share Posted November 17, 2015 how about starting yesterday with Cinci losing to piece of shit team Houston ? how about big favorites green bay losing to detroit they played to lose especially that last kick on FG was a sure fix barely even made contact with the ball eagles 6 points loss , Baltimore 6 point loss , Denver got destroyed , Seattle lost , stl lost 6 pot favorites , now cinciinatti dont know if anything is going on but that definately is bs! Quote Link to comment Share on other sites More sharing options...
Big Bear Posted November 17, 2015 Report Share Posted November 17, 2015 I was thinking just the opposite. I feel like this week we will see alot of faves who are supposed to win , win. And not only win but cover. The last 2 weeks of NFL have had a ton of upsets. Faves are due. Quote Link to comment Share on other sites More sharing options...
BigDaddy Posted November 17, 2015 Report Share Posted November 17, 2015 it's all rigged. Quote Link to comment Share on other sites More sharing options...
Smoke Posted November 17, 2015 Report Share Posted November 17, 2015 Daddy please stop Quote Link to comment Share on other sites More sharing options...
Big Bear Posted November 17, 2015 Report Share Posted November 17, 2015 it's all rigged.daddy no it's not all rigged. Quote Link to comment Share on other sites More sharing options...
Bfo Posted November 17, 2015 Report Share Posted November 17, 2015 I would expect the books showed an overall profit this weekend when all was said and done. They killed it in the NFL. Las Vegas sportsbooks these days are more of a convenience than anything else. They don't show nearly enough profit given the amount of space they take up on the casino floor. They are there for the excitement they generate that attracts customers. If one casino didn't have a book a sizable amount of people would go to the place next door that did and play slots/tables/eat/shop there instead. Quote Link to comment Share on other sites More sharing options...
LCD Posted November 17, 2015 Report Share Posted November 17, 2015 I would expect the books showed an overall profit this weekend when all was said and done. They killed it in the NFL. Las Vegas sportsbooks these days are more of a convenience than anything else. They don't show nearly enough profit given the amount of space they take up on the casino floor. They are there for the excitement they generate that attracts customers. If one casino didn't have a book a sizable amount of people would go to the place next door that did and play slots/tables/eat/shop there instead.^ Quote Link to comment Share on other sites More sharing options...
Chickadee Posted November 17, 2015 Report Share Posted November 17, 2015 Holm winning was variance. Sportsbooks in vegas as branches of the larger casino corporations have always existed for the sole purpose of keeping whales on the property. They were tolerated as long as they didn't lose money. Maybe some got a mandate to make more money but as long as they didn't bleed they stayed. The same goes with the poker rooms. If keeping whales on the property didn't factor into the equation it would take less than a day to raze every poker room and sportsbook attached to a larger casino to the ground and replace it with slots/baccarat tables. Quote Link to comment Share on other sites More sharing options...
Elko Posted November 17, 2015 Report Share Posted November 17, 2015 Holm winning was variance. Sportsbooks in vegas as branches of the larger casino corporations have always existed for the sole purpose of keeping whales on the property. They were tolerated as long as they didn't lose money. Maybe some got a mandate to make more money but as long as they didn't bleed they stayed. The same goes with the poker rooms. If keeping whales on the property didn't factor into the equation it would take less than a day to raze every poker room and sportsbook attached to a larger casino to the ground and replace it with slots/baccarat tables. A few interesting points here. Vegas is NOT the center the world in sports betting anymore. And the NFL is not the center of sports action either, soccer is. Chinese are the biggest bettors, USA bettors are secondary. If Vegas somehow got out of the sports book biz, the rest of the world would be unfazed. Quote Link to comment Share on other sites More sharing options...
BigDaddy Posted November 17, 2015 Report Share Posted November 17, 2015 daddy no it's not all rigged. good to know BB Quote Link to comment Share on other sites More sharing options...
Big Bear Posted November 18, 2015 Report Share Posted November 18, 2015 I would expect the books showed an overall profit this weekend when all was said and done. They killed it in the NFL. Las Vegas sportsbooks these days are more of a convenience than anything else. They don't show nearly enough profit given the amount of space they take up on the casino floor. They are there for the excitement they generate that attracts customers. If one casino didn't have a book a sizable amount of people would go to the place next door that did and play slots/tables/eat/shop there instead.i think you are correct. I think they make the most money off people getting drunk and playing table games. Its so easy and fast to lose money on those games. You can lose $100 bucks in less than 5 seconds. Quote Link to comment Share on other sites More sharing options...
Elko Posted November 18, 2015 Report Share Posted November 18, 2015 If the profit is so bad, why is Westgate putting so much money into the Super Book? Why not just let it slide into oblivion like the whole of Circus Circus? Quote Link to comment Share on other sites More sharing options...
rito Posted November 18, 2015 Report Share Posted November 18, 2015 If the profit is so bad, why is Westgate putting so much money into the Super Book? Why not just let it slide into oblivion like the whole of Circus Circus? Didn't read the rest of the thread so excuse the ignorance. Books at this point are generally just used to bring in the tourists. The westgage kind of an exemption in that they run their book decently and might make a litttle profit. Given their location prob works out ok, but I wouldnt be surprised to see it disappear later. You can obviously see the issues here? How much would you make yearly if you could walk up and bet b365/willhill. etc lines??? Quote Link to comment Share on other sites More sharing options...
Elko Posted November 18, 2015 Report Share Posted November 18, 2015 Didn't read the rest of the thread so excuse the ignorance. Books at this point are generally just used to bring in the tourists. The westgage kind of an exemption in that they run their book decently and might make a litttle profit. Given their location prob works out ok, but I wouldnt be surprised to see it disappear later. You can obviously see the issues here? How much would you make yearly if you could walk up and bet b365/willhill. etc lines??? OK, I can see that. But I was surprised to see Superbook do a makeover as I thought the old venue was pretty decent. Perhaps they see Superbook being a draw? Don't understand brick/mortar books, obviously. Stayed there when it was LVH. Was ok, but not my 1st choice, but price of room was good comparatively plus on tram. Quote Link to comment Share on other sites More sharing options...
Big Bear Posted November 18, 2015 Report Share Posted November 18, 2015 The Westgate takes pride in being the largest sportsbook in the world. They are renovating that whole property putting in a new spa and they already built a new gym and renovated alot of the rooms. I think they are trying to make it more upscale. Quote Link to comment Share on other sites More sharing options...
Elko Posted November 18, 2015 Report Share Posted November 18, 2015 The Westgate takes pride in being the largest sportsbook in the world. They are renovating that whole property putting in a new spa and they already built a new gym and renovated alot of the rooms. I think they are trying to make it more upscale. Well, good luck to them. I know Kornegay is pretty sharp (I guess he still runs things). Would hate to see sports books go away in Vegas and replaced by MORE shite slots. Quote Link to comment Share on other sites More sharing options...
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