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Looks like the house lost big on Super Bowl XLII.

 

So says this Los Angeles Times piece. Jay Kornegay, sports book director for the Las Vegas Hilton, told the Times, “It was a good day for Vegas, but not a good day for sports books. Early reports have this being the worst Super Bowl results ever.”

According to the Times, sportsbooks took a beating on money-line wagering picking the Giants to win outrights, with the odds ranging from +325 to +405. In other words, a winning $100 ticket on the Giants would return $425 (the original bet plus $325). What’s more, early money on the Giants forced oddsmakers to move the pointspread to New England minus-12, so plenty of bettors cashed that way, too.

The Mirage books lost big on Sunday, per this Las Vegas Review-Journal story.  

One more interesting story for today: Sports Illustrated's Dr. Z, who correctly picked the Giants to win Super Bowl XLII, has a great pointspread-related memory of Super Bowl XI  (mid-page). 

I'm taking a few days off to rest up before free-agency and draft coverage start to take my time, but I'll be back next week, hopefully with some 2009 title-odds talk. Take care, and we'll talk soon. 

-30- 

 

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This page contains a single entry from the blog posted on February 5, 2008 2:12 PM.

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