People were interested in watching and betting, so, according to Esposito, the Red Rock sportsbook was full of customers from 10 p.m. The odds were high, in some cases even 200-1 and 300-1, which caused more action to occur. The sportsbook took three times the number of bets on the race than any previous contest.”Ĭhuck Esposito, a sportsbook director of Red Rock Resorts, is satisfied with the results. Seamus Magee, the BetMGM trading manager, said: “The Las Vegas Grand Prix was the most attended F1 event in BetMGM’s history. He was betting on Max Verstappen at 200 to win the race, held on the Strip. The biggest bet was placed at BetMGM, where the player placed $200,000 and won $100,000. Ĭraig Mucklow, a Vice President of trading at Caesars, confirmed that the numbers were over seven figures. Also, BetMGM, Station Casinos, and the Westgate SuperBook hit the record for bets placed on an F1 race. The record betting handle is placed, and the amount of money that was wagered is also the highest ever, as well as the money spent on specific auto races. The Las Vegas Grand Prix is over, and now it can be said that it was wild! The casinos earned a huge profit, and the records were shattered.Ĭaesars Sportsbook achieved fantastic results. Online gaming software, Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, The Players Lounge, Sports betting, Online Gambling News Betting on sports futures, props and lay bets.Laying the 4 or 10 has a win percentage of 47. Laying the 5 or 9 has a win percentage of 46.77% Laying the 6 or 8 has a win percentage of 46% Related – Advanced Craps Betting Strategy It’s not the best bet in the casino, but it’s also not the worst! The chance of winning a lay bet is between 46% and 47.6%, depending on the number you choose to lay. It is a losing bet if they throw the 4 first. Your bet wins if the shooter throws a 7 before they throw a 4. The dealer will place your chips on the corresponding number and put a “lay” token on top of your bet. To place a lay bet, simply place your money on the layout and ask the dealer to “Lay the 4” for example. Lay bets can be placed on box numbers including the 4, 5, 6, 8, 9, and 10. With the lay bet, you are betting that number will not show up before the 7. The craps lay bet is the opposite of a buy bet, where you’re betting on a specific number to come up before a seven. In other words, you’re betting against a specific number. How the Lay Bet works – Lay Betting ExplainedĪ lay bet is a bet that the shooter will roll a seven before they roll a specific number.

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