A week previous, Kenny White had been addressing a group of NCAA officials on their home turf in Indianapolis in the role of a special guest from Las Vegas.
The title of that seminar had an ominous sound: “Don’t Bet On It.”
Monday, August 25, 2008
Saturday, August 23, 2008
A bettor's guide to sports books, accounting for odds, amenities, creativity and intangibles
It might be fun to speculate about sports betting’s “wiseguys,” about what they’re up to on any given football Sunday, about which teams they think will cover the spread, about how many piles of money they’re betting and where they’re betting them.
The truth is, though, I don’t particularly care about “wiseguys” — a term that in this context means sophisticated professional sports gamblers rather than Harry the Hunchback & Co.
I certainly don’t care about their travails in getting money down in Las Vegas sports books.
If they’re wiseguys, I figure they can fend for themselves.
I’m more concerned about sports betting’s little guys, whose average wager is in the two figures, the three figures or the low four figures. In gambling lingo, the latter two are known as “nickel” ($500) and “dime” ($1,000) bettors.
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