Tuesday, October 6, 2015

Vegas sports books bounce back in NFL Week 4 action

Caesars Palace sports book was hopping for week 4 NFL action.
LAS VEGAS -- The Nevada sports books had lost two of the first three NFL Sunday's and needed a boost to kickoff the start of the fiscal fourth quarter after failing miserably in the third quarter with a rough baseball season. The NFL season was supposed to be the savior for the books, but it turned out to be just the opposite.

So when book directors were looking at the risk charts for NFL Week 4 action, they saw seven teams they needed to beat down as the gateway to a winning week, and those seven teams had combined to go 17-4 (81%) against the spread through three weeks. They were the popular teams. They were the teams blowing everyone out, covering spreads and making every regular betting Joe's wallet fat.

Seven Public Teams in Week 4
Green Bay

If the books were to lose five of those games, a losing day would occur. If they lost six of those games, it would be a disaster. If they lost all seven, it would be 'Black Sunday' with almost every big parlay cashing.

However, things cycled around as they usually do in pro football where the point spread eventually catches up with teams. The books would end up winning four of the seven games the public loved and it was enough of a hiccup in the popular parlay across town to make the books a winner.

"Solid day for the book," said Station Casinos sports book director Jason McCormick.
"The Jets and Dolphins all made us get up early, but it was worth it for the public who cashed on the Jets. The Bears, Redskins, Rams and Vikings were all good for the books."

The sports books barely blinked when Jay Cutler was announced as the Bears starting quarterback where the Raiders ended up closing as 3-point road favorites. But Cutler actually showed some heart and emotion in a 22-20 win. The Raiders were 2-1 ATS before the game while the Bears were 0-3 ATS. The Raiders are fun, the Bears stink and that's the way the public bet it.

No comments:

Post a Comment