Vegas Bet Online
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The state of Nevada has had a monopoly on single-game sports wagering for almost 70 years in the United States. The Silver State was the first state to legalize sports betting in 1949 along with live and off-track horse betting, which had previously operated under organized crime syndicates.
Congress passed the Professional and Amateur Sports Protection Act (PASPA) in 1992, which prohibited future state expansion of sports betting. Nevada was grandfathered in at the time, so it had the market cornered on single-game wagering.
But sports betting all changed in May 2018 when the U.S. Supreme Court ruled the protection act unconstitutional. It opened the door for legalized sports betting in the U.S. on a state-by-state basis. Many are jumping at the opportunity.
The ruling won’t change anything for the millions of guests that visit Nevada every year. They have enjoyed the luxurious atmosphere of sports books on the iconic Las Vegas Strip like the Bellagio and Caesars Palace for years.
Recreational bettors and high rollers will wait a long time in queues at the many sports books on South Las Vegas Boulevard to bet on such events as the Super Bowl, NBA Finals, March Madness, World Cup and Kentucky Derby.
Most of the state sports books now have their own betting apps, making it easier for players to jump the queue entirely and wager on their phone or tablet. But these sites are only available for wagering within the state of Nevada.
The legal sports betting age in Nevada is 21 years old.
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Nevada sports books continue to smash revenue numbers every year. Gamblers wagered a record $248.8 million at state sports books in 2017, according to the Nevada Gaming Control Board. It was $17 million more than the previous mark set in 2015.
The sports books held about 5.1 per cent of all wagers in Nevada last year. The amount wagered in the state totalled a record $4.87 billion.
While growth in betting continues in just about every sport, one of the biggest jumps in revenue has been in hockey.
Resorts and venues across the state have the Vegas Golden Knights to thank for that. The NHL expansion team, which plays its home games on the Las Vegas Strip at T-Mobile Arena, finished their incredible run in their inaugural season with the Pacific Division title and just three wins shy of becoming the Stanley Cup champions.
Even with the rise of the Golden Knights and hockey betting in general, football remains the king of all wagering as 58.8 cents of every dollar is bet on the action on the gridiron. Basketball sits at 32 per cent of total wagering, while all the other sports make up the remaining 9.2 per cent.
The Super Bowl is the most popular event for the Nevada sports books. They earned $7.2 million on the $99 million wagered on it in 2013. Because it attracts many unsophisticated bettors, as of January 2014 the books had made money on 21 of the previous 23 Super Bowls, with an average win of $5.5 million over the previous 10 years.
Type Of Sports
Betting on major sports leagues is offered at all resorts and venues across Nevada. But the list of sports to bet on certainly doesn’t end there. Your sport of interest will likely be included on this list:
- National Football League
- Canadian Football League
- NCAA college football
- Australian Rules football
- National Basketball Association
- NCAA college basketball
- Major League Baseball
- NCAA college baseball
- Other major international baseball events
- National Hockey League
- Other major international hockey events
- Major League Soccer
- Other major soccer leagues and competitions around the world
- Mixed martial arts
- Indy-car racing
- Formula One racing
- Other major auto racing events
- Horse racing and virtual horse racing
The Nevada Gaming Control Board continues to experiment with new ways for residents and visitors to wager on sports. In recent years, the board has approved betting on awards like the Heisman Trophy, professional entry drafts like the NFL draft, and even video game competitions like the Golden Tee World Championship.
While other states across the nation race to start offering single-game wagering, Nevada remains the standard of sports betting excellence. It will take some time for the competition to catch up to spectacular venues like the Mandalay Bay sports book at the south end of the Las Vegas Strip or the newly renovated Wynn sports book at the north end of South Las Vegas Boulevard.
If you’re looking for action on the big game, there’s a comfortable seat available at one of Nevada’s 192 sports books.
Type Of Bets
Don’t let the walls of numbers at the Nevada sports books intimidate you. Just take a few minutes to learn all the basics to sports betting on this page.
Let’s start with the odds on Super Bowl LII to explain the ABCs of sports betting, which are called “straight bets.” The New England Patriots were five-point favorites over the Philadelphia Eagles on Feb. 4, 2018 to win their third championship in five years. The over/under total for the game was 48.5 points.
New England (-200) was the heavy favorite to beat Philadelphia (+170) in the big game. Pick the winner and you win the money line wager. It’s as simple as that.
So, what do the numbers mean after the team names? First of all, if their is a minus sign in front of a number (-200), that is how much a bettor must wager to win $100. If there is a plus sign in front of a number (+170), that is how much profit a bettor makes on a $100 wager.
For example, a bettor had to wager $200 on New England to earn a $100 profit and a $300 total return. A bettor had to wager $100 on Philadelphia to earn a profit of $170 and a $270 total return. Obviously, there was a lot more value betting on the Eagles. Those who bet the money line on New England ripped up their tickets. Those that celebrated with all the Philadelphia fans across the nation didn’t mind waiting in line to cash their winning tickets.
Since the Patriots were five-point favorites to win the Super Bowl, they had to win by six points or more to “cover” the spread. The Eagles, as five-point underdogs, had to win outright or lose by four points or less. The Eagles won the point spread bet by winning outright.
The odds for these bets are typically posted at -110 for both sides, which means a bettor had to wager $110 to earn a $100 profit and a $210 total return.
The over/under bet is based on the total score of the game. The betting line for the Super Bowl was posted at 48.5 points. Since the Eagles won 41-33, the total score was 74 meaning the over won the totals bet.
The odds for these bets are typically posted at -110 for both sides, which means a bettor had to wager $110 to earn a $100 profit and a $210 return.
The betting for basketball is posted exactly the same way it is for football, with the money line, point spread and over/under total.
Baseball and hockey also have the money line and over/under bets, but the point spread is replaced with the run line in baseball and puck line in hockey where the team that is favored has to win by two or more runs or goals. Again, the odds on the run line and puck line vary depending on how big a favorite a certain team is against the underdog.
Money line straight bets are offered in every sport, especially when there’s a list of players involved in the event — like golf, tennis and auto racing. Typically, a sports book will list 30 or more individual players along with a field (all others) option, at various odds.
For example, Dustin Johnson may be listed at 8-1 (+800), Jordan Spieth at 10-1 (+1000), Rory McIlroy at 12-1 (+1200), etc. If you bet $100 on three-time major champion Spieth and he goes on to win the tournament, you win $1,000 plus your $100 bet, for a total payoff of $1,100.
Another popular form of golf betting involves matchup propositions, in which two golfers are paired against each other in a head-to-head wager, with a betting line on each golfer set by the oddsmaker. The golfer with the better (lower) score wins the matchup.
Partial game lines
This is a growing area of wagering at Nevada sports books. The lines and totals are only for action that takes place during a certain part of a game. The partial game wagers can be for point spreads, totals or just a simple proposition.
Some examples are: Quarter of a football or basketball game, half of a football or basketball game, first five innings of a baseball game, first inning of a baseball game, hockey periods, and team to score first.
Nevada sports books offer bettors the opportunity to wager on the outcome of a season — for example, which team will win the Super Bowl, NBA Finals, Stanley Cup or the World Series. This is known as “futures book” or “future book” betting.
The expansion Vegas Golden Knights were listed at 200-1 by some venues before their 2017-18 inaugural season began in October. The Golden Knights stunned the sports world and reached the finals. A $100 futures bet, had Vegas won the title, would have returned $20,100 ($20,000 profit plus $100 bet).
When you make a futures bet, your odds are “locked in.” That means if you bet the Golden Knights at 200-1, you will get paid off at 200-1 odds, even if the sports book later adjusts the odds (Vegas was actually favored to win the Cup at one point in the regular season).
Futures betting is also offered on the major events in horse racing, such as the Kentucky Derby and Breeders’ Cup. In horse racing futures, if your horse does not start the race, you lose the bet — there are no refunds. However, the odds on your bet are “locked in,” regardless of the horse’s odds on race day.
Some sports books offer futures betting on unusual propositions, such as which Major League Baseball player will hit the most home runs in the regular season. In this type of wager, all bets count regardless of injuries or other unforeseen events.
Parlays, teasers and proposition bets
Parlays always include two or more outcomes. This bet is usually only paid if all wagers win. Like a parlay, a teaser involves two or more outcomes. This wager is different from a parlay because the bettor receives extra points on each line within the teaser. Prop bets are based on outcomes that are not dependent on the full game. One example is the over/under on the number of passing or rushing yards by an individual or team in a football game.
One thing Nevada sports books have in common are walls of televisions. That’s a good thing considering the number of racetracks around the country. Most venues carry these races and offer wagering which is identical to the home tracks.
Win, place and show are the most common horse racing bets. A win bet is exactly as it sounds. If the horse you bet on wins, you win. In a place bet, the horse you bet on must finish first or second. In a show bet, the horse you bet on must finish first, second or third. The payoffs are based on the total amount of money bet on each individual horse.
If you’re looking for a riskier play but usually with higher odds, you might consider an exacta, trifecta, superfecta or daily double.
An exacta is a wager where a bettor must pick the exact order of finish of the first two horses. A trifecta is a wager where a bettor must pick the exact order of finish for the first three horses. A superfecta is a wager where a bettor must pick the exact order of finish for the first four horses. A daily double is a wager where a bettor must pick the winner of two consecutive races.
In Las Vegas, race books frequently offer promotions such as free contests with cash prizes, special house-banked betting pools that grow larger if no one hits them or horse racing tournaments. Rules and details vary greatly by casino.
Las Vegas Sports Books
Nevada’s 192 sports books generally feature betting windows, big screen televisions, interactive betting stations, odds boards, print-outs with different odds for the day, and places to sit and watch games and races.
If you bet enough, you might even earn a complimentary drink. Many venues, especially those on the Las Vegas Strip, are now non-smoking.
Sports books are not open 24 hours a day. They typically open sometime in the morning and close later in the evening.
In the state of Nevada, the primary betting line originators are Boyd Gaming, Caesars Entertainment, CG Technology, Lucky’s, MGM Resorts, South Point Casino, Stations, Stratosphere, William Hill and Wynn.
There are a few sports books that produce their own independent line, such as Treasure Island, Peppermill, Westgate Superbook and Jerry’s Nugget. All other Nevada sports books use a line from one of the Nevada line originators.
Las Vegas Sports Betting Apps
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Sports wagering apps are an integral part of betting sports today in Nevada. And business is booming. The ease and convenience of using your cellphone or tablet to wager is one of the top reasons for increased revenues at Nevada sports books.
The various sports wagering apps, which can only be used within the state, don’t offer the same number of wagers, point spreads or odds. The only thing they may have in common is the software platform — miomni.
Here’s a list of sports wagering apps by name with casino affiliation:
This is an independent sports book operator and the first Reno-based casino to offer a sports wagering app. You’ll only find these odds, lines and point spreads on this app and the brick and mortar sports book at the Atlantis.
B-Connected Sports is the sports wagering application from Boyd Gaming (previously Coast Casinos). This is a casino group with properties around Las Vegas with a focus on casinos in the downtown area. Each property offers the same odds, lines and point spreads. B-Connected Sports offers the same wagering options that you’d find in the casino sports books.
This is a large sports book operator with casinos in Las Vegas, Reno and Laughlin, Nev. The odds, lines and point spreads are created so that they appeal to customers in all locations. Moreover, this mass customer base typically wagers on popular teams and events. In turn, these lines are often different than other sports book operators.
Another large sports book operator uses this app at the Cosmopolitan, Hard Rock, M Resort, The Palazzo, Palms (Station operates rest of casino, but not sports book), Silverton, Tropicana and The Venetian. Accounts must be applied for in-person at any race and sports book location powered by CG Technology.
The sports wagering app offers all of the same betting options that you will find in the brick and mortar sports book in downtown Las Vegas. The Golden Nugget is a national chain and one of the most popular casino brands in America. That made the sportsbook app one of the most-anticipated apps in Nevada.
Nevada residents do the majority of mobile sports betting via the app. That’s what separates playMGM from the pack. Since all MGM Resorts International casinos — like the Bellagio and MGM Grand — are on the Strip, this app has become a favorite of tourists.
NV Sports (South Point)
The NV Sports app offers lines, point spreads and odds generated by the sports book operators at South Point. Accounts may be funded at Rampart Casino, but this is essentially the sports wagering app for South Point. This venue is about 15 minutes away from the tourist corridor on the Strip.
STN Sports is the sports wagering application from Station Casinos (aka Red Rock Resorts). This is a casino group with properties all over Las Vegas. Each Nevada casino offers the same odds, lines and point spreads. Station Casinos had one of the first sports betting apps in Nevada.
The Treasure Island sports book is one of the few independent venues on the Strip. The odds, lines and point spreads are only available in the sports book and on TI Mobile Sports. This is often a forgotten option for those searching for the best sports wagering lines on South Las Vegas Boulevard.
The popularity of this independently-owned brick and mortar sports book made the SuperBook app one of the most-anticipated sports betting apps in Nevada. The brick and mortar sports book is known for taking large wagers. While a customer may have high limits in the app, the largest wagers are still taken offline.
William Hill is an independent sports book operator with more than 100 locations in Nevada. The brick and mortar locations are almost used as advertisements for their mobile betting app. About half of the wagers made with William Hill come from their app.
This is an independent sports book operation only serving Wynn Las Vegas. You’ll only find these odds, lines and point spreads at the two sports books in the Wynn and Encore. The larger of the two sports books located in the Wynn was renovated in 2017. The sports wagering app offers all of the same betting options that you will find in the in-house venues.
Frequently Asked Questions
Are complimentary drinks available in sports books?
How old do you have to be to bet in a sports book or online?
What is account wagering?
What is In-Running wagering?
How To Bet Online in Vegas?
Choose an app. Create a unique login and password. After depositing some money into your new sports betting account, you’re ready to start picking some winners on your phone or tablet.
It’s best to start with the easiest bets to understand in the money line, point spread or over/under totals. The minimum amount a bettor can wager varies between venues, but the most common amount is $5 or $10.
It doesn’t matter if it’s football, baseball, basketball or hockey, go with your home team or another that’s on a winning streak.
It’s better to work your way up to the more riskier bets like parlays and teasers as you become familiar with the new app and pick a few winners. Don’t try to hit a home run with every bet. That will likely just lead to a lot of discouragement and an empty wallet.
World Series Vegas Odds
Teams have played 162 regular season games and a bunch of playoff games. Now, it’s October. It’s time for the Fall Classic. Baseball betting lines for each matchup in the best-of-seven series are affected the most by starting pitchers and home-field advantage… Spice up the game!
NFL Vegas Odds
Baseball might be America’s pastime, but football takes most of the betting action in Vegas. Gamblers are drawn to the NFL. According to the gaming commission, $3.2 billion was wagered in sports bets in Nevada casinos in 2011. Of that total, $1.34 billion (41%) was bet on football.
Best Betting Sites
If you are looking for everything you need to experience Vegas betting online, you have certainly come to the right place! From the top sportsbooks, to the best casinos and poker rooms, our gambling review experts have covered it all. Log in and claim your bonus.
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