Las Vegas Sports Books See Second Straight Losing NFL SundayLA Ram Todd Gurley's Late-Game Decision Causes Seven-Figure Swing |
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For the second straight weekend, Las Vegas sports books took a loss on the Sunday slate of NFL games. Although Nevada’s 190 total sports books haven’t had a collective losing month since the summer of 2013, October’s figures weren’t helped by another Sunday slump.
According to some industry insiders, Los Angeles Rams running back Todd Gurley may have been the cause of a seven-figure swing in favor of the bettors. The star player had a chance to score a touchdown in the final moments of his game against the Green Bay Packers, but opted instead to stay in bounds and run out the clock.
Todd Gurley doesn't care about your fantasy team, the spread, or the over/under. pic.twitter.com/xNoc42LdyB
— NFL Update (@MySportsUpdate) October 28, 2018
The decision sealed a two-point win for his team, but caused all sorts of headaches for the sports books, who took heavy money on the Packers. Had Gurley scored, the Rams would have covered the 7.5-point spread.
Todd Gurley going down on his own at the 4 instead of scoring a TD for the likely cover by the Rams over the Packers resulted in a $1 million-plus swing at LV sports books: mid 6 figures
WilliamHillUS</a> and <a href="https://twitter.com/MGMRaceSports?ref_src=twsrc%5Etfw">MGMRaceSports 6 figuresSuperBookUSA</a> lil less than 6 <a href="https://twitter.com/CaesarsEnt?ref_src=twsrc%5Etfw">CaesarsEnt #RJnow— Todd Dewey (@tdewey33) October 29, 2018
Gurley wasn’t very sympathetic of the sports books, saying, “Man, forget fantasy and forget Vegas today. We got the win, so that’s all that matters.”
Other games that hurt the sports books included the New York Jets getting crushed by the Chicago Bears, and the New York Giants failing to cover against the Washington Redskins.
The NFL accounts for a majority of Las Vegas sports book bets. The Sunday night game between the New Orleans Saints and Minnesota Vikings saw more than twice as much betting action as game 5 of the World Series between the Los Angeles Dodgers and Boston Red Sox, which was happening at the same time.
Americans bet about $150 billion each year on sports, mostly on the black market, according to the American Gaming Association. Sports betting is far outpacing all other forms of gambling for Nevada’s casino industry. The market in terms of revenue is expected to grow to as much as $6 billion within the next five years.
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