Monday, December 14, 2015

Despite Patriots win, Vegas books show small profit in Week 14

Saturday at MGM Grand sports book before UFC 194
LAS VEGAS -- Prior to the Patriots dropping its second straight game to temporarily put them in the No. 3 position, the Westgate Las Vegas SuperBook had them as the massive 5/2 favorites (Bet $100 to win $250) to win the Super Bowl. After the loss, they fell into a tie with the undefeated Panthers at 4/1 odds. On Monday, with New England back in the drivers seat for home field advantage and with tight end Rob Gronkowski back in action, the Westgate dropped them back down to 7/2 as the lone favorite.

Last week the Patriots were looking at being the AFC’s No. 3 seed in the playoffs as they stumbled through their first two losses of the season. However, following losses by both Cincinnati and Denver in Sunday‘s Week 14 action, coupled with the Patriots 24-9 win at Houston in the late game, it’s the Patriots once again in control their own destiny with the No. 1 seed with three more games to play before the playoffs start.

Bettors all had a feeling that the Patriots wouldn’t lose three straight games and they came strong on them laying -3 all the way up to -4.5. William Hill sports books had 85 percent of the tickets written on the game on them as well as 89 percent of the overall cash wagered, which was by far the most one sided action of the day and took a big chunk of the profit the sports books had tucked away after grinding out the first 13 games.

“We ended up being a small winner, but it wasn’t a great day,” said Boyd gaming sports book director Bob Scucci prior to the Patriots win. “We had a lot of great two-way handle on each of the games and the games we had big public action on (parlays) we seemed to have sharp action on the other side so they both kind of balanced each other out.“

Scucci wasn’t lucky enough to have sharps balance out the risk on the Houston side like they did with so many other popular public games. He said the Patriots covering would mean giving back about half of what they had won on the day, but the game staying UNDER 46 would help.

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