Las Vegas Sportsbook Comparison
Last update: Mar. 26, 2008
Introduction
This survey endeavors to rank the Las Vegas sportsbooks according to the competitiveness of their odds. Many sportsbooks are grouped together and share the same lines. The following list shows the various families of sportsbooks.
- Boyd Group: California, Eldorado, Fremont, Joker's Wild, Sam's Town, Stardust, Thirstbuster's
- Cal Neva: Tuscany, Thirstbusters, Four Queens
- Coast Resorts: Gold Coast, Orleans, Renata's, Suncoast
- El Cortez: El Cortez
- Golden Nugget: Golden Nugget
- Hard Rock: Hard Rock
- Harrah's: Harrah's, Rio, Caesars Palace, Bill's Gambling Saloon, Imperial Palace, Ballys, Paris
- Hard Rock: Hard Rock
- Jerry's Nugget: Jerry's Nugget
- Leroy's: Ellis Island, Fitzgeralds, Golden Gate, Nevada Palace, Riviera, Royal, Sahara, San Remo, Silverton, Tropicana, Gold Rush, Hacienda, Magic Star, Railroad Pass, Skyline, The Mining Company, Barcelona, Silver Nugget, Speedway, Hooters
- MGM-Mirage: Bellagio, Golden Nugget, MGM Grand, Mirage, New York New York, Treasure Island, Mandalay Bay, Luxor, Excalibur, Circus Circus, Monte Carlo
- Palms: Palms
- Planet Hollywood: Planet Hollywood
- Plaza: Plaza
- Poker Palace: Poker Palace
- Rampart: Rampart, Cannery
- Station Casinos: Barley's, Boulder Station, Fiesta Henderson, Fiesta Rancho, Green Valley Ranch, Palace Station, Santa Fe Station, Sunset Station, Texas Station, Wild Wild West, Red Rock
- Stratosphere: Stratosphere, Arizona Charlie's Boulder, Arizona Charlie's Decatur
- Terrible's: Terrible's
- Venetian: Venetian
- Wynn: Wynn
This study began on October 2, 2004, and at this date is still a work in progress. Families not yet surveyed are: Jerry's Nugget and the Poker Palace. My policy in this study is to not consider matters of opinion on where a lines should be for any given game, but the policy of the casino about the disparity on odds for both sides of the same game. If the terminology in this study is unfamiliar than please visit my front page on sports betting.
NFL
Every sportsbook in Vegas I looked at offered 20-cent lines against the point spread and on totals. Although some have 10-cent line happy hours this study endeavors to compare the lines at normal times. So against the spread and on totals all sportsbooks are equal.
Where disparity can be found is on the money lines. The closer together two sets of lines are the lower the house advantage. A good example is what the line on the favorite is when the dog is at +200. The line on the favorites can range from -230 (Golden Nugget) to -260 (El Cortez). My methodology in ranking was to start at evenly matched games (-110/-110) and keep going down until I found a line where there was some disparity. All sportsbooks offered 20-cent money lines up until +160/-180. However when the dog was +165 the Rampart jumped to a 25-cent line, for a favorite line of -190, while all others remained at -185. Thus the Rampart was ranked last. The next disparity was found when the dog was at +170, in which case the Golden Nugget had the favorite at -190, while all others were at -200 or worse. Thus the Golden Nugget is ranked first. The process continued separating off groups as the line on the dog increased.
One problem encountered was an inconsistent policy within the same sportsbook. For example for October 3, 2004, the Hard Rock had the following lines.
- Atlanta Falcons +170 / Carolina Panthers -200.
- St. Louis Rams -220 / San Francisco 49ers +170.
So for two dogs of +170 the line on the favorite was at either -200 or -220. Similar situations were also found at the Rampart and the El Cortez. In these situations it is my policy to go with the worse, or more spread apart, set of lines.
Another problem is a lack of data. For example the Las Vegas Club, Aladdin, Park Place, Harrahs, Imperial Palace, and Circus Circus all tie based on the Las Vegas Club offering a set of lines of +200/-240. I do not have lines for a +200 dog yet for the other casinos but their lines seem otherwise the same as the same as the Las Vegas Club. As I gather more data the order may change.
Sometimes a sportbook will offer promotional 10-cent lines on certain big games. This is particularily true of the Golden Nugget. I attempt to ignore promotional lines and for ranking purposes stick to the normal lines.
With all the explanation out of the way I present the following ranking of the best NFL money line odds in Vegas, from best to worst. This listing is based on as little as one set of games per sportsbook and is subject to change as more data is added to the survey.
- Golden Nugget
- Cal Neva
- Coast Casinos, MGM Mirage (tie)
- Stratosphere, Las Vegas Club, Aladdin, Park Place, Harrahs, Imperial Palace, Circus Circus, Stations, Venetian (tie)
- Palms, Terrible's, Poker Palace, Jerry's Nugget (tie)
- Boyd
- El Cortez
- Leroy's
- New Frontier
- Hard Rock
- Rampart
Following the reason that each group is higher than those that follow.
- Golden Nugget: Lines of +170/-190. All known others had lines of -200 or worse for a +170 dog.
- Cal Neva: Lines of +180/-210. Lower ranked casinos are at +180/-220 or worse.
- Coast Casinos, MGM Mirage: Lines of +210/-250. All known others had linse of -260 or worse for a +210 dog. I need to verify this line for Coast Casinos but they are otherwise the same as MGM Mirage.
- Stratosphere, Las Vegas Club, Aladdin, Mandalay Bay, Park Place, Harrahs, Imperial Palace, Circus Circus, Stations, Venetian: Lines of +200/-240. The next group is at +200/-250. I need to verify the lines for a +200 dog at all groups except the Stratosphere and Las Vegas Club but otherwise the lines are the same among this list.
- Palms, Terrible's, Poker Palace, Jerry's Nugget: +350/-450 lines. The following group is at +350/-500
- Boyd: +200/-250 lines (assumed until proven otherwise). The next group is at +200/-260.
- El Cortez: +170/-200 lines (assumed until proven otherwise). The next group is at +170/-210
- Leroy's: Lines of +170/-210. The following group is at +170/-220.
- Frontier: Lines of +225/-265 (40 cents apart) while the Hard Rock is at +220/-270 (50 cents apart).
- Hard Rock: Lines of +165/-185. The following group is at +165/-190.
- Rampart: The +165/-190 lines are the reason the Rampart group is last.
A table of NFL money lines can be found in my sports betting appendix 7.
College Football
All sportsbooks I looked at have 20-cent lines against the spread and on totals. The money lines seems to follow the same degrees of separation as for the NFL. So the ranking for the NFL should also apply to college football.
MLB
When this study began in early October the playoffs were just beginning in Major League Baseball. With a small number of games available to look at I was unable to do a fine study of money lines. The following table shows the lines available on money lines, run lines, and totals.
|
Las Vegas Baseball Odds
|
| Sportsbook Group |
Money Lines |
Run Lines |
Totals |
| Strasosphere | 10-cent | 20-cent | 20-cent |
| Cal Neva | 10-cent | 20-cent | 20-cent |
| Coast | 10-cent | 20-cent | 20-cent |
| Luxor | 10-cent | 20-cent | 20-cent |
| Mandalay Bay | 10-cent | 20-cent | 20-cent |
| Palms | 10-cent | 20-cent | 20-cent |
| Stations | 10-cent | 20-cent | 20-cent |
| Terribles | 10-cent | 20-cent | 20-cent |
| Leroy's | 10-cent | 20-cent | 20-cent |
| Boyd | 10-cent | 20-cent | 20-cent |
| Las Vegas Club | 10-cent | 20-cent | 20-cent |
| Golden Nugget | 10-cent | 20-cent | 20-cent |
| Harrahs | 15-cent | 20-cent | 20-cent |
| Imperial Palace | 15-cent | 20-cent | 20-cent |
| New Frontier | 15-cent | 20-cent | 20-cent |
| Venetian | 15-cent | 20-cent | 20-cent |
| Aladdin | 20-cent | 20-cent | 20-cent |
| Park Place | 20-cent | 20-cent | 20-cent |
| Hard Rock | 20-cent | 20-cent | 20-cent |
| MGM Mirage | 20-cent | 20-cent | 20-cent |
| El Cortez | 20-cent | 20-cent | 20-cent |
| Rampart | 20-cent | 20-cent | 20-cent |
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