Sports
Gambling Introduction
Sports
betting is enjoyed by hundreds of thousands visitors to Las
Vegas each year. If you've never tried your hand at sports
betting before, we hope that this introduction will help you get
started in this unique and exciting gaming opportunity - sports
wagering.
Wide arrays of betting propositions are available to players.
They vary from two dollar parlay cards to the legendary $100,000
bets accepted at some sports books under special arrangements.
(The standard maximum bet limit is $5,000 at most books).
Sports betting, race wagering, and poker are the only venues of
chance open to the gaming public in which the player is not in
direct competition with the casinos (the house). In all other
casino games (such as craps, keno, slot machines, baccarat,
blackjack and roulette), the house has a statistical advantage.
In sports wagering, however, players can gain an edge on the
house when they can identify games where the posted line does
not accurately reflect the true odds for the game's outcome. For
more information on how to take advantage of this wagering
opportunity, see Section IV - Introduction to Handicapping for
Beginners.
Many people find that placing bets on the outcome of a game
greatly enhances their enjoyment in watching the game on
television or listening to it on the radio. Most Las Vegas
sports books have satellite hook-ups and big-screen TV's
broadcasting the numerous college and pro games being played
across the country and they post frequent scoring updates on the
progress of all games on which they are taking action.
Nevada is the only state in which general sports betting is
legal. State laws and the gaming control board provide
regulations to insure the integrity of all sports book
activities. The gaming control board is always open to referee
disputes and uphold honest gaming.
One
licensed and regulated sportsbook where you can place all your
bets is MVP
Sportsbook, join
today and bet with the great odds.
When you walk into a sports book, you will see a large
"Board" listing all of the games available for
betting, along with the lines and odds for each game. In some
books this board is a huge electronic marvel, rivaling the most
sophisticated reporting system of a large brokerage house. Other
books maintain the board by hand, with displays that are similar
to the ones seen in old movies involving "bookies."
Sports books will only accept bets on those games, which have
been posted on their board. These games are known as "board
games." Generally, all major league baseball, NFL, NBA and
NHL games are "on the board," whereas college games
are limited to football and basketball match-ups being played by
major Division I schools. Limited betting is available at some
books on golf, tennis, car racing, and other miscellaneous
sports.
Most sports books use the Official Nevada Rotation, supplied by
the Official Nevada Sports Schedule. This rotation is a list of
all the board games being played on a particular date along with
starting times.
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