Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board (http://www.paceadvantage.com/forum/index.php)
-   General Racing Discussion (http://www.paceadvantage.com/forum/forumdisplay.php?f=10)
-   -   Keeneland caves and lowers takeout. Does the right thing. (http://www.paceadvantage.com/forum/showthread.php?t=143200)

LemonSoupKid 02-24-2018 06:10 PM

Few here (not all) realize how sportsbooks are run, so please let me inform you of just a couple of things:

The only bets Vegas really juices on people (stupid or entertainment bettors) are parlays, teasers and certain props. You could throw futures into this as notoriously bad re:expected return/a certain type of prop.

There's already too much competition for them to change the industry standard of -110, and many offshores already beat them big in this way, but Vegas has a convenience or no-hassle (catch-all term) advantage on them that allows for this. What's going to be very interesting is how much the sportsbooks change when SCOTUS decisions comes out.

As a slight aside, in 2017 did you know that sports betting revenues were 1/12 of slot revenues in the state of Nevada? 248 million vs 3.1 billion.


All times are GMT -4. The time now is 10:19 PM.

Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved

» Advertisement
» Current Polls
Which horse do you like most
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 10:19 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.