Las Vegas loses millions:

[Playtime News Dog]

US bookmakers are losing millions of dollars because gamblers are betting on the right winners in overwhelming numbers

Original text from blick.ch

The exploits of Green Bay star Aaron Rodgers and Pittsburgh quarterback Ben Roethlisberger got football fans cheering over the weekend.
Only in the Nevada desert is the hangover big. "Colossal," says the man from the "MGM Grand" casino. �Awful�, the man in charge at �Westgate�. "It doesn't get any worse than that."
Sportsbooks in Las Vegas are suffering. The reason: American football betting. After the favorites played their role in the NFL playoffs over the past few weeks, the casinos were already under pressure - the majority of gamblers had bet on New England, Atlanta and Co.
On Sunday, two outsiders finally won with Pittsburgh and Green Bay. But again, the majority of gamblers had the right instincts and bet on the nationally popular teams.
The provider "William Hill", for example, lost a seven-digit dollar amount on Sunday alone, as the broadcaster "ESPN™" reports.
Pity for the casinos is still not necessary. From September to November alone, bookmakers in the US state of Nevada earned $73,6 million from football bets. Since the few million minus should be to get over.
Especially since there are still some big games with big stakes to come before the Super Bowl on February 5th.
And the old gambler's adage should still apply: In the end, the bank always wins. Almost always.

[IndexP]

It's not the first time I've read such information - but I think it's a duck or smoke screen.

Sports betting offers and their quotations are always based on the fact that the odds change according to the demand on both sides.

For example, if the gamblers bet four times as much money on team A as on team B - then the odds for team A will be 1:4 - and for team B 4:1. So the quotas are balanced according to the demand.
A reputable sportsbook usually does not think, does not form its own opinion about the game in question. In balanced games, the sports office does not care whether team A or team B wins. A sports office generally only uses the commission that they take into account in their betting offer. (Small example: In the case of two equally strong teams, you never get back exactly double the original bet if you pick the winner correctly - but rather about 1,9 times. The 0,1 difference is the commission of the sports book.)