Some time ago, I posted an article on this site about how the Caesars Palace sports book chopped their space in half and incorporated reserved seating. The iconic Las Vegas sports book that I spent many a day at in the 90’s had changed things up – on busy sports days, prime seats are now reserved for upper tier Total Rewards players. Gone are the days of the large and open sports book space where casino revelers would stop and gaze at as they walked past.
The Velvet Rope at the Caesars Palace – No Teasers
This past weekend, Las Vegas sports books, Caesars included, got hammered by bettors as the NFL playoff games ended up with “double teaser” beats for the sports books. Pretty much all teaser plays hit, which was a boon to sports bettors making the popular teaser bet. A teaser is is a type of gambling bet that allows the bettor to combine his bets on two different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.
Sports books took a hit. Caesars wouldn’t stand for it – they decided to remove teaser bets from the odds board at all of their properties (Planet Hollywood, Bally’s Flamingo, Harrah’s, etc.) for this weekend’s 2 NFL playoff games. This was a corporate move for sure – it’s a shame because most of the sports book managers and staff that I have come across at Caesars sports books around town are all A+.
The Big Board at the Sports Book Showing “Teasers Not Available for NFL Playoffs” Thanks to @kirksports (twitter) for photo
Twitter land wasn’t happy and many expressed their displeasure. The competition on the strip is non-existent with basically 2 big boys (MGM and Caesars) operating a majority of the casinos, and sports books, along Las Vegas Boulevard. The result is situations such as these.
There are other options on the strip for sports bettors, however this sets a terrible precedent. Remember when drinks were comped without drink tickets? Well, Caesars was the first to go the drink ticket route at all of their sports books………
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