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A highly regarded professional handicapper and published sports gambling author, RJ Bell lives at the center of the action in Las Vegas, NV. Experience: RJ Bell is founder and President of Pregame.com - Where bettors get ready; and FreePicksByEmail.com...

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Vegas has won 17 of 19 Super Bowls!

by RJ_Bell on 02/03/2010 11:13 PM
Las Vegas, Nevada (February 4, 2010) – Exclusively from RJ Bell of Pregame.com

Since 1991, Nevada has separately tracked Super Bowl betting. In those 19 years, the sportsbooks have won money 17 times, with the bettors winning only 2 times.

RJ Bell of Pregame.com said: “A conservative estimate of Super Bowl betting losses over the last 19 years would exceed $13 billion dollars worldwide.”

Super Bowl XLIV is expected to be the biggest bet Super Bowl EVER, with over $10 Billion riding on the game worldwide. This would be the biggest bet single-day sporting event in history. Over half of adult Americans are expected to have some money at risk on the game Sunday.

MEDIA NOTE: Print, radio, TV, and Internet media should feel free to quote any information above. Please attribute: RJ Bell of Pregame.com. For follow-up questions, or media appearances - email: rjbell@pregame.com

More Super Bowl releases:

* See the 45 most interesting props listed here:
http://bit.ly/ay6QFp

* Vegas Says Colts/Saints Highest Scoring Super Bowl Ever:
http://bit.ly/cClgKd

TWITTER: Follow all of RJ Bell's news making releases at www.Twitter.com/RJinVegas

RJ Bell of Pregame.com is the only sports bettor on Forbes' recent list of Gambling Gurus and has been called "a true insider" by ESPN, "incredibly astute" by AOL and a "point-spread maven" by USA Today. Mr. Bell has been featured on CBS News with Katie Couric, ABC News with Charles Gibson, Nightline, Sportscenter, Outside the Lines (ESPN), First Take (ESPN2), Mike & Mike, Colin Cowherd, Jim Rome, Dan Patrick, ESPN.com, FoxSports.com, Yahoo, CNN.com and in the Wall Street Journal, Associated Press, New York Times, LA Times, Newsweek.com, Bloomberg, Maxim, and Sports Illustrated. Pregme.com is the largest sports betting news website compliant with US Law.

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14 Comments:

 

posted by Pregame Staff on 02/03/2010 11:17 PM

The most interesting prop bets ALL IN ONE PLACE Biggest Bet Super Bowl Ever? | Vegas 17-2 in Super Bowls

 

posted by jonpistone2 on 02/04/2010 12:41 AM

very interesting....

so that would mean that the side which has the most money on has LOST all but 2 of the last 19 years??

 

posted by jonpistone2 on 02/04/2010 12:42 AM

any idea where that money is so far this year?  :)

 

posted by Georgia Tech at Duke - Pregame Staff on 02/04/2010 8:25 AM

Pingback from  Georgia Tech at Duke - Pregame Staff

 

posted by GNAL68 on 02/04/2010 8:26 AM

On the over. I'm playing the under

 

posted by jonpistone2 on 02/04/2010 8:37 AM

im also a huge fan of the under!!!!!     how about the game??

 

posted by vegas-runner on 02/04/2010 9:34 AM

Fellas...You have to remember that although the amount of profit the books make in each Super Bowl is dependent on who covers...the bottom line is that it's the volume which has allowed them to win 17 of 19...and not neccessarliy which Side or Total got the money...

I mean, obviously they will always prefer one side to another, or one total to another...but more times than not, it's all that VIG...and all those props, parlays, teasers, ect...that allows them to come out ahead regardless of which side gets the money...

So you alway have to be careful about worrying about the "public" side...Because it's one of those games that they really end up usually getting a good balance, because everyone has an opinion...And on Super Bowl Sunday, most people are willing to put some money behind that opinion...

In 2008...when the NYG beat the NEP...in Nevada there was $92 MIL wagered...and the books showed a loss of 2.8% or 2.5 Mil...

Then in 2005...when the NEP beat PHI...there was $90 MIL wagered...and the books showed a Win of +17.0%...or $15+ Million...

And even in 1999, when EVERYONE was betting the Broncos over the Falcons...the books took in $75 MIL...and ended up with a Win of +3.8%...or a little under 3 MIL...

So these guys are going to make their money more times than not, no matter the outcome...And usually, the only question remains...How Much They Make ??

Do your work, and go with your opinion...because it's just 1 game, and we all have an opinion on it...Best of Luck, VR

So you can see how it's all about t

 

posted by RJ_Bell on 02/04/2010 11:58 AM

USA Today blogs picked up this exclusive Pregame.com reporting.

 

posted by jonpistone2 on 02/04/2010 4:54 PM

WOW...great point VR!!!!

totally forgot about the Vig....well done...well said...and thanks for sharing!!!!!!

 

posted by pizzabus on 02/05/2010 6:51 AM

i agree with vr the props teasers and the vig it is tough for the bettor to overcome volume is king for the books

 

posted by Bulls vs. Hawks - Pregame Staff on 02/05/2010 8:04 AM

Pingback from  Bulls vs. Hawks - Pregame Staff

 

posted by Texas vs. Oklahoma - Pregame Staff on 02/06/2010 7:44 AM

Pingback from  Texas vs. Oklahoma - Pregame Staff

 

posted by New Orleans vs. Indianapolis - Pregame Staff on 02/07/2010 7:28 AM

Pingback from  New Orleans vs. Indianapolis - Pregame Staff

 

posted by No second guessing – Super Bowl XLIV Pick « Unfrozen Caveman Blogger on 02/07/2010 1:27 PM

Pingback from  No second guessing – Super Bowl XLIV Pick « Unfrozen Caveman Blogger

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