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Super Bowl Upset Leads to Vegas Sports Books Loss4 February 2002LAS VEGAS – Feb. 4, 2002 – As reported by the Associated Press: “Bettors who had the New England Patriots over the favored St. Louis Rams were the big winners in Nevada's sports books after Sunday's Super Bowl. ”Football fans and oddsmakers said they were surprised that the Patriots beat the 14-point favorite Rams by 20-17. The game also finished below the over/under line posted at 53 by most of the city's sports books. ”The winning Patriots going into the game as the underdog could mean Nevada's sports book ultimately come out losers in this year's big game, according to Bally's-Paris Las Vegas Race and Sports Book director John Avello. "…`It's a patriotic year, so I guess it's fitting,’Avello said.`But I would say that overall the sports books probably didn't do well. I think the moneyline is where the difference is in the game. That's where the books may have gotten hurt.’ ”Although it will be several days before the final betting results are totaled, oddsmakers were estimating before the game they would take in from the biggest sports betting event of the year about $70 million, up from last year's $67.7 million. |