I always get a laugh when I read or hear that sportsbook lost a lot of money on an outcome. I know year after year the sportsbook in Nevada defeat the bettors handily.
2017 was no different...........
More money was bet and lost at Nevada sportsbooks in 2017 than in any previous year.
The state's sportsbooks won a record $248.7 million off the $4.8 billion wagered in 2017, according to numbers released Wednesday by Nevada Gaming Control.
The record amount won in 2017 tops the previous mark set in 2015 by nearly $17 million. The state has set a record for handle the amount bet in eight consecutive years.
An all-time high $1.7 billion was wagered on professional and college football last year. The books won $76.8 million on football, making 2017 the sixth-most profitable football year ever
Basketball and baseball also saw increased betting interest. More than $1.4 billion was bet on basketball, both college and professional, and baseball attracted $1.1 billion in bets. Both are record amounts.
The sportsbooks capped 2017 by winning $34.5 million in December. The books have come out ahead in 53 consecutive months, a streak that dates back to July 2013.
Now you know why I never feel bad when they lose a big amount on a single game or event.