In December, Nevada sportsbooks faced a historic loss, with bettors winning a net $2.1 million, marking the first such loss during an NFL season in over a decade. This put an end to a previously strong season where bookmakers celebrated significant wins, including $80.9 million in September. The win rate for favorites in December was notably high at 76.7%, the best since 2005, contributing heavily to the sportsbooks' losses on football. At the same time, overall gambling activity remained strong, with sportsbooks gaining $15 million from basketball bets, as they prepare for the anticipated Super Bowl.
"Football bettors in Nevada beat the sportsbooks out of a net $2.1 million in December, marking the first monthly loss for bookmakers during the NFL regular season in 12 years."
"This marked the largest net loss on football bets since November 2012, when sportsbooks lost $5.3 million, according to Nevada Gaming Control."
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