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  • No future book liability

    No future book liability
    Jan. 6, 2003

    LAS VEGAS - Unlike baseball, Las Vegas bookmakers aren't sweating their NFL futures.

    "We're in great shape," said Mark Goldman, race and sports book director at the Venetian. "There is not a team out there that can hurt us.

    "The worst case scenario would be the Jets, and we still come out ahead. We come out way ahead on all the other teams."

    Las Vegas bookmakers had to sweat out the long shot Minnesota Twins in baseball, and some ended up not doing as well as hoped when the Anaheim Angels captured the World Series.

    "Any time favorites win we do well on the future book," said Stardust sports book manager Bob Scucci. "It's when the long shots come in that we have a rough time."

    Because of parity, there weren't any big long shots in the NFL. There are certainly no teams like the 1999 St. Louis Rams or 2000 Baltimore Ravens.

    Bookmakers opened the favorites and public teams like the Oakland Raiders, Green Bay Packers and Tampa Bay Buccaneers with low odds.

    The Stardust's only liability was the Cleveland Browns, which had opened 60/1.

    "We're happy with the shape we're in," Scucci said. "Cleveland was the only team that would have killed us. We don't make as much money on the Jets, but we're OK if any of the favorites win."

    The Leroy's chain of sports books is in a similar position.

    "Nobody is bad (on the futures) for us," said Leroy's supervisor Bob Smith. "It's just that some are better than others."

    Only one team can hurt the downtown Las Vegas Club.

    "Pittsburgh is the only team that can hurt us," said Las Vegas Club race and sports book director Tony Nevill. "We're sitting fine on everybody else."

    The NFL future book easily draws the most action of any of the major sports. D.Wayne Mauldin, sports book director at the Castaways, said NFL futures draw more action than baseball, NBA and hockey futures combined.

    He said his book is also in good shape with NFL futures because no big long shot emerged.

    "It shows you how much parity there is when the two teams who reached the Super Bowl last (St. Louis and New England) aren't even in it this year," Mauldin said.
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