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Vegas Oddmakers Branch Out Bets28 August 2000LAS VEGAS, NEVADA –Aug. 28, 2000—As reported by The Associated Press: “From the final "Survivor" to who will take home an Emmy, it's a sure bet there will be a line on the outcome posted somewhere in Las Vegas. ”Vegas oddsmakers are renown for handicapping events, even when it's illegal to bet on them. ”…Nevada law prohibits wagers on amateur sports, the outcome of any election for public office and any event involving a professional team in Nevada. ”….But just because gamblers can't actually bet on posted odds, it doesn't make the process of coming up with them any less challenging, said Joe Lupo, race and sports book manager at the Stardust hotel-casino. ”…Lupo said even though people can't bet on his Emmy odds, there has been a growing expectation over the past three years to speculate on such events. He attributes the demand to Las Vegas' growing reputation and heightened competition on the Strip. ”…Oddsmaking on the Emmys or the `Survivor’ television show is sheer entertainment, said John Avello, director of the race and sports books for Bally's and Paris hotel-casinos. ”…The most unusual odds he has ever set were on the annual Nathan's hot dog eating contest held on the Fourth of July in Coney Island, N.Y….” |