Worst Return Of Any Game For Nevada In August: Sportsbooks!
Getty Images. Pictured: Aquarius Hotel & Casino on the Colorado River in Nevada
The house might always win, but it didn’t win much.
Sports had the worst return, on a percentage basis, of any single game offered by casinos in the entire state of Nevada for the month of August.
Sportsbooks had a 3.35 percent win percentage, or hold for the month, according to numbers published by the Nevada Gaming Control Board on Thursday.
That beat out Pai Gow (3.83 percent win percentage), $5 slot machines and $25 slot machines (5.5 percent), as the games that had the least return for the month.
The sportsbooks took home $14.3 million, down 15.6 percent versus last August.
The total bet on sports in Nevada was $427.6 million, down 10 percent from last August. Much of that was due to the fact that the NBA season was done this year versus last year when a COVID-19 delayed season saw the regular season end and the playoffs start in August.
That being said, Nevada sportsbooks at more than 160 locations throughout the state didn’t get the return they usually get.
Compare the 3.35 percent hold percentage versus the six-month average hold for books that ended in August (5.55 percent) or on the year that ended in August (6.56 percent).
Games that had the biggest return for the casinos were: 3-card poker (32 percent win percentage), Keno (30 percent), Let It Ride (28.6 percent) and Ultimate Texas Hold ‘Em.