{"id":5487,"date":"2018-05-02T11:42:43","date_gmt":"2018-05-02T11:42:43","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=5487"},"modified":"2018-05-02T14:31:10","modified_gmt":"2018-05-02T14:31:10","slug":"nevada-isnt-mad-at-march-after-record-basketball-bets","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/","title":{"rendered":"Nevada Isn\u2019t Mad At March After Record Basketball Bets"},"content":{"rendered":"

More than $521 million<\/strong> was wagered on sports during the month of March. Nevada sportsbooks <\/strong>won 6.55 percent<\/strong> of that money for a total win of $34.16 million<\/strong>. This marks an increase of 8.66 percent<\/strong> from the same period in 2017. You can find the full Nevada Gaming Control Board Revenue Report<\/strong> here<\/a>.<\/p>\n

While this was a huge month for sports betting, it\u2019s always interesting to compare how sports betting wins stacks up against other games in Nevada casinos. It took a big month of basketball betting<\/strong> for sportsbooks to win more money for casinos than roulette.<\/p>\n

\n

Nevada casino March winnings:
\nBlackjack $95.2m
\nCraps $34.1m
\nRoulette $29.0m
\nBaccarat $117.2m
\nSports $34.1m
\nPenny slots $283.3m
\n[Per Nevada Gaming Control]\n

\u2014 David Payne Purdum (@DavidPurdum) April 30, 2018<\/a><\/p><\/blockquote>\n

March Madness, indeed<\/h2>\n

It should come as no surprise that basketball was the most wagered on sport in Nevada during March. NCAA basketball takes the main stage for sports bettors at the beginning of the month with conference tournaments. Moreover, the bulk of games played during NCAA Championship tournament<\/strong> take place throughout the month. Only the college basketball championship game takes place in April.<\/p>\n

This was a record month<\/strong> of March for sportsbooks when it comes to basketball betting. The gaming control board doesn\u2019t<\/strong> separate college from professional sports betting. More than $436 million (<\/strong>$436.5) was bet on college and pro basketball in March. Sportsbooks won 8.71 percent<\/strong> of wagers on basketball during March.<\/p>\n

Parlay winnings<\/strong> were way up for sportsbooks in March. Winnings from parlay bets this year were up a whopping 617 percent<\/strong> from 2017. Regardless of the sport that was bet, parlays tend to be bad for the bettors<\/strong>. Sportsbooks won almost 25 percent (24.83%) of parlay bets in March. Anecdotally, younger bettors enjoy the rush of big parlay wins than single -110 point spread wins where they wager $11 to win $10.<\/p>\n

Basketball handle in March should continue to grow<\/strong>. Visiting Las Vegas to watch the first weekend of games in Las Vegas continues to grow. In addition to making money from wagering on March Madness games, casino operators are creating parties and selling seats in sportsbooks to generate additional revenue<\/strong>.<\/p>\n

Sportsbooks got the best of baseball bettors during the first few days of the season. The March 29 start to the season was the earliest ever for Major League Baseball. Sportsbooks won 12.91 percent<\/strong> of the wagers made on games played during the last three days of March.<\/p>\n

Nevada sportsbooks win again<\/h2>\n

Ho-hum. Sportsbook operators had another winning month. According to Nevada Gaming Control Board records, Nevada sportsbooks have won more money than bettors for 56 months<\/strong>. That\u2019s almost five years since<\/strong> bettors won more money than sportsbooks<\/p>\n

\n
\n
\n

 <\/p>\n

<\/div>\n

 <\/p>\n<\/div>\n

\n

 <\/p>\n

<\/div>\n

 <\/p>\n<\/div>\n

\n

 <\/p>\n

<\/div>\n

 <\/p>\n<\/div>\n<\/div>\n<\/div>\n

The post Nevada Isn\u2019t Mad At March After Record Basketball Bets appeared first on Play Nevada.<\/p>\n","protected":false},"excerpt":{"rendered":"

More than $521 million was wagered on sports during the month of March. Nevada sportsbooks won 6.55 percent of that… Continue reading Nevada Isn\u2019t Mad At March After Record Basketball Bets<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[374,6],"tags":[],"class_list":{"0":"post-5487","1":"post","2":"type-post","3":"status-publish","4":"format-link","6":"category-industry","7":"category-news-category","8":"post_format-post-format-link","9":"entry"},"acf":[],"yoast_head":"\nNevada Isn\u2019t Mad At March After Record Basketball Bets -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nevada Isn\u2019t Mad At March After Record Basketball Bets -\" \/>\n<meta property=\"og:description\" content=\"More than $521 million was wagered on sports during the month of March. Nevada sportsbooks won 6.55 percent of that… Continue reading Nevada Isn\u2019t Mad At March After Record Basketball Bets\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-02T11:42:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-05-02T14:31:10+00:00\" \/>\n<meta name=\"author\" content=\"Editorial Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PokerScout1\" \/>\n<meta name=\"twitter:site\" content=\"@PokerScout1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\"},\"author\":{\"name\":\"Editorial Team\",\"@id\":\"https:\/\/www.pokerscout.com\/#\/schema\/person\/1bce13a8406acddbefb08a926c5c275c\"},\"headline\":\"Nevada Isn\u2019t Mad At March After Record Basketball Bets\",\"datePublished\":\"2018-05-02T11:42:43+00:00\",\"dateModified\":\"2018-05-02T14:31:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\"},\"wordCount\":465,\"publisher\":{\"@id\":\"https:\/\/www.pokerscout.com\/#organization\"},\"articleSection\":[\"Industry\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\",\"url\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\",\"name\":\"Nevada Isn\u2019t Mad At March After Record Basketball Bets -\",\"isPartOf\":{\"@id\":\"https:\/\/www.pokerscout.com\/#website\"},\"datePublished\":\"2018-05-02T11:42:43+00:00\",\"dateModified\":\"2018-05-02T14:31:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.pokerscout.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nevada Isn\u2019t Mad At March After Record Basketball Bets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.pokerscout.com\/#website\",\"url\":\"https:\/\/www.pokerscout.com\/\",\"name\":\"PokerScout\",\"description\":\"Poker Sites Traffic Report & Online Poker News\",\"publisher\":{\"@id\":\"https:\/\/www.pokerscout.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.pokerscout.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.pokerscout.com\/#organization\",\"name\":\"PokerScout\",\"url\":\"https:\/\/www.pokerscout.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pokerscout.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/header-logo.svg\",\"contentUrl\":\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/header-logo.svg\",\"width\":197,\"height\":40,\"caption\":\"PokerScout\"},\"image\":{\"@id\":\"https:\/\/www.pokerscout.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/PokerScout1\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.pokerscout.com\/#\/schema\/person\/1bce13a8406acddbefb08a926c5c275c\",\"name\":\"Editorial Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pokerscout.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/fav-new-1-96x96.png\",\"contentUrl\":\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/fav-new-1-96x96.png\",\"caption\":\"Editorial Team\"},\"url\":\"https:\/\/www.pokerscout.com\/authors\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nevada Isn\u2019t Mad At March After Record Basketball Bets -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/","og_locale":"en_US","og_type":"article","og_title":"Nevada Isn\u2019t Mad At March After Record Basketball Bets -","og_description":"More than $521 million was wagered on sports during the month of March. Nevada sportsbooks won 6.55 percent of that… Continue reading Nevada Isn\u2019t Mad At March After Record Basketball Bets","og_url":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/","article_published_time":"2018-05-02T11:42:43+00:00","article_modified_time":"2018-05-02T14:31:10+00:00","author":"Editorial Team","twitter_card":"summary_large_image","twitter_creator":"@PokerScout1","twitter_site":"@PokerScout1","twitter_misc":{"Written by":"Editorial Team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/#article","isPartOf":{"@id":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/"},"author":{"name":"Editorial Team","@id":"https:\/\/www.pokerscout.com\/#\/schema\/person\/1bce13a8406acddbefb08a926c5c275c"},"headline":"Nevada Isn\u2019t Mad At March After Record Basketball Bets","datePublished":"2018-05-02T11:42:43+00:00","dateModified":"2018-05-02T14:31:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/"},"wordCount":465,"publisher":{"@id":"https:\/\/www.pokerscout.com\/#organization"},"articleSection":["Industry","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/","url":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/","name":"Nevada Isn\u2019t Mad At March After Record Basketball Bets -","isPartOf":{"@id":"https:\/\/www.pokerscout.com\/#website"},"datePublished":"2018-05-02T11:42:43+00:00","dateModified":"2018-05-02T14:31:10+00:00","breadcrumb":{"@id":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pokerscout.com\/nevada-isnt-mad-at-march-after-record-basketball-bets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.pokerscout.com\/"},{"@type":"ListItem","position":2,"name":"Nevada Isn\u2019t Mad At March After Record Basketball Bets"}]},{"@type":"WebSite","@id":"https:\/\/www.pokerscout.com\/#website","url":"https:\/\/www.pokerscout.com\/","name":"PokerScout","description":"Poker Sites Traffic Report & Online Poker News","publisher":{"@id":"https:\/\/www.pokerscout.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pokerscout.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.pokerscout.com\/#organization","name":"PokerScout","url":"https:\/\/www.pokerscout.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pokerscout.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/header-logo.svg","contentUrl":"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/header-logo.svg","width":197,"height":40,"caption":"PokerScout"},"image":{"@id":"https:\/\/www.pokerscout.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/PokerScout1"]},{"@type":"Person","@id":"https:\/\/www.pokerscout.com\/#\/schema\/person\/1bce13a8406acddbefb08a926c5c275c","name":"Editorial Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pokerscout.com\/#\/schema\/person\/image\/","url":"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/fav-new-1-96x96.png","contentUrl":"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2025\/04\/fav-new-1-96x96.png","caption":"Editorial Team"},"url":"https:\/\/www.pokerscout.com\/authors\/admin\/"}]}},"modified_by":"Jessica Welman","_links":{"self":[{"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/posts\/5487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/comments?post=5487"}],"version-history":[{"count":0,"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/posts\/5487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/media?parent=5487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/categories?post=5487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pokerscout.com\/wp-json\/wp\/v2\/tags?post=5487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}