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Auto racing Betting on auto racing has exploded in popularity in Vegas in recent years, and its appeal continues to grow. The structure of betting on auto racing is similar to that of golf. The most basic wager involves picking the winner of a race. Betting on Sports in Las Vegas. Las Vegas is the most famous wagering and gambling mekkah in the world and as such it has some of the most well known and established physical sportsbooks available. Even if you prefer to do your betting online or on your mobile it can still be an exhilarating experience to visit one of Las Vegas’ sports lounges. Betting in Vegas is a very serious business, especially when it comes to sports and racing. So, make sure you arrive to the venue early to get primetime seating and enjoy the ultimate sports. Las Vegas Sports Betting Guide Q: What is a rotation number? A: Rotation numbers are what’s listed to the left of a team on the board. They are unique to the team, sport and league. When going to the betting window, be sure to identify your wager using the rotation number for accuracy.

• Football Betting In Vegas
• Las Vegas Sports Betting
• Betting In Vegas On Presidential Election
• Betting In Vegas

If you are a fan of sports betting you will LOVE Las Vegas. Being the only state in the union that allows legal betting on all of the major individual sports leagues and events, Las Vegas draws thousands of sports bettors year round. Almost all Las Vegas casinos feature a sportsbook and a number of big screen TVs which creates a great sports betting environment.

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Although sports betting has one of the lower win percentages for casinos, it still draws millions in revenue for Vegas casinos year round. The most popular sports betting event in Las Vegas is by far the Super Bowl, which draws thousands of sports bettors each February to bet on the big game. Not far behind the Super Bowl is the March Madness college basketball tournament which also draws some big numbers to Vegas to bet on the event.

With the popularity of online sportsbooks increasing there is no doubt that the Las Vegas sportsbooks are losing a little bit of business, but they are always going to bring in some great numbers for casinos. I do my sports betting online daily of course, but I love making a trip down to Vegas to bet on some sports and have some fun, and I know a lot of sports bettors are the same.

Las Vegas Sports Betting Revenue

Below are the numbers that Las Vegas casinos made in revenue from sports betting in 2009:

Overall

Total Amount Bet – $2.4 Billion
Total Casino Win (revenue) – $136.3 Million
Win Percentage (percent of money played that casino kept) – 5.31%

Football

Total Amount Bet – $1.0 Billion
Total Casino Win – $48.6 Million
Win Percentage – 4.45%

Basketball

Total Amount Bet – $802.5 Million
Total Casino Win – $38.2 Million
Win Percentage – 4.76%

Baseball

Football Betting In Vegas

Total Amount Bet – $488.5 Million
Total Casino Win – $21.4 Million
Win Percentage – 4.38%

Parlay Cards

Total Amount Bet – $58.9 Million
Total Casino Win – $19.2 Million
Win Percentage – 32.57%

Other

Total Amount Bet – $126.0 Million
Total Casino Win – $8.8 Million
Win Percentage – 6.98%

Sportsbooks are huge for Vegas casinos, bringing in $136.3 Million in 2009. The only games which brought in more money were 3 card poker, roulette, craps, baccarat, blackjack, and slot machines. It seems as bettors do well with sports betting as the casino only has a 5.31% win percentage, compared to 11.31% for blackjack, and 12.04% for all table games.

Some Other Revenue Numbers:

From 1984 to 2011 Nevada has done pretty well for themselves…

• Total amount bet on sports in Nevada since 1984: $57,274,051,000 ($57.3 billion)
• Total amount won by Nevada sports books since 1984: $2,613,725,000 ($2.6 billion)

Since 1992 baseball betting has been the most profitable for bettors…

• Average win percentage on football since 1992: 4.53%
• Average win percentage on basketball since 1992: 4.69%
• Average win percentage on baseball since 1992: 3.01%
• Average win percentage on parlays since 1992: 29.71%
• Average win percentage on “other” since 1992: 5.48%

Las Vegas rarely has a losing month when it comes to football, but it does happen. Here is a list of some losing regular season football months for Nevada sports books:

• November 2012: -$5.29 million
• October 2012: -$6.23 million
• November 2010: -$2.48 million
• December 2005: -$3.31 million
• November 2005: -$11.28 million

How To Read Las Vegas Odds Boards

Las Vegas Sportsbooks

• Aria
• Arizona Charlie’s Decatur
• Arizona Charlie’s Boulder
• Bally’s
• Barley’s
• Bellagio
• Bill’s Gamblin’ Hall and Saloon
• Boulder Station
• Buffalo Bill’s
• Caesars Palace
• California
• Casino MonteLago
• Circus Circus
• Ellis Island
• Excalibur
• Fiesta Rancho
• Fiesta Henderson
• Fitzgeralds
• Flamingo
• Fremont
• Gold Coast
• Golden Gate
• Golden Nugget
• Green Valley Ranch
• Hard Rock Hotel Casino
• Harrah’s
• Las Vegas Hilton
• Hooters
• Imperial Palace
• Luxor
• M Resort
• Mandalay Bay
• MGM Grand
• Mirage
• Monte Carlo
• New York-New York
• Orleans
• Palace Station
• Palazzo
• Palms
• Paris
• Planet Hollywood
• Plaza
• Primm Valley
• Railroad Pass
• Red Rock Resort
• The Rampart Casino
• Rio
• Riviera
• Sahara
• Sam’s Town
• Santa Fe Station
• Silverton
• Skyline
• South Point
• Stratosphere
• Suncoast
• Sunset Station
• Texas Station
• Treasure Island
• Tropicana
• Venetian
• Wild Wild West
• Wynn

Resources:
David G. Schwartz. Nevada Sports Betting Totals: 1984-2011. Las Vegas: Center for Gaming
Research, University Libraries, University of Nevada Las Vegas, 2012.

When did online gambling become legal in Nevada?

Nevada lawmakers signed AB 114 into law on Feb. 25, 2013. The law legalized online poker and authorized the issuance of online poker operator licenses in Nevada.

Nevada was the second state to legalize online poker, behind Delaware. In May 2013, Ultimate Poker was the first poker site to offer regulated real-money poker games online.

Can I play online casino games or just online poker?

Currently, online casino games are not legal in Nevada. Only online poker sites are licensed to operate in Nevada.

Will online casino games come to Nevada at some point?

It’s highly likely Nevada online casino games will eventually join online poker sites in providing gambling entertainment to the residents of the Silver State.

In fact, the law that legalized and regulated online poker in the state also allows for casino gambling. It only requires authorization for Nevada lawmakers.

The Nevada Gaming Policy Committee has addressed the original concerns that online casino games might cannibalize existing land-based casino revenues. They reference the successful New Jersey casino market as an example.

The successful launch of online poker in the state complete with efficient and accurate geolocation software and stringent age verification processes ensures compliance with all state gaming laws.

Some opposition to online casino games in Nevada remains, but support is growing. Even so, several operators are waiting for the green light.

Do Nevada casinos offer online sports betting?

Yes. There are several online sports betting apps in Nevada available. Of course, bettors must be within state lines to bet at a Nevada sportsbook.

Sports betting apps currently operating in Nevada include:

• CG Technology

What companies offer online poker in Nevada?

The closure of Ultimate Poker in November 2014, left two online poker rooms in Nevada.

WSOP.com, the home of the World Series of Poker, is the only active online poker room in Nevada.

Real Gaming Online Poker, South Point Hotel‘s online poker room, exists but is currently not active.

Can I earn Nevada casino rewards playing online poker?

Yes. Online poker players at WSOP.com can connect their online Action Club loyalty program memberships with their accounts at Caesars Entertainment’s Caesars Rewards program, allowing them to earn comps at Caesars properties through online play.

Can I play the World Series of Poker online?

Yes. Players have been able to play for a WSOP gold bracelet through online events since 2017.

Since then, online bracelet events have grown in number every year. The 2020 WSOP had plans for 14 bracelet events before it was canceled. Fortunately, the WSOP did squeeze in the Main Event toward the tail end of the year. A hybrid format, combining online and in-person play, whittled down domestic and international fields until just one champion from each pool emerged. Those two players then competed in a heads-up showdown at the Rio.

In 2018, New Jersey joined the Multi-State Internet Gaming Agreement (MSIGA) with Nevada and Delaware, making players from that state eligible to compete for in gold bracelet events at WSOP.com

The 2021 schedule for the WSOP Online Circuit Series was announced in January. Players can compete to become eligible for the $250,000 WSOP Online Circuit Championship in December 2021. The championship will cap at 256 entrants.

Las Vegas Sports Betting

When I play online poker in Nevada, am I just playing against other players in Nevada?

Betting In Vegas On Presidential Election

No. The Nevada government allows the state to enter into agreements with other states offering legal and regulated online gambling to share player pools.

Betting In Vegas

In fact, MSIGA is one such agreement. Nevada and Delaware signed the agreement in 2015. New Jersey signed the agreement in 2018. That means players in Nevada can sit down at a virtual poker table and be playing with players from any of those three states.