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Vegas books crush bettors, ending three-week drought

NFL Week 10 was a huge one for Vegas sportsbooks, as favorites went 3-9 ATS Sunday with eight underdogs winning outright.
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Las Vegas sports book shook off a three-week drought by posting an NFL Week 10 win on Sunday as favorites went just 3-9 against the spread, with eight of the underdogs winning outright. 

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How big the win was for each book varied, but the bottom line for all was that they were finally winning big again.

"It was a very solid day," Westgate SuperBook VP Jay Kornegay said. "One of the best, but not the top day.

South Point sports books director Chris Andrews had the same story.

"I wouldn't call it (Week 10) our biggest win of season, but it's right up there," he said following the Seahawks 31-24 win at New England as 8-point underdogs.

For others, it turned out to be No. 1 on the weekly NFL ledgers.

"Best Sunday so far," Station Casinos sports book director Jason McCormick said.

Added William Hill's top bookmaker, Nick Bogdanovich: "It was a big day, aided mostly by the Packers and Patriots falling."

Packers' collapse stings bettors

The Packers continued their awful look as 3-point favorites at Tennessee where the Titans jumped out to a 21-0 first-quarter lead to eventually win 47-25.

William Hill books had 87 percent of the cash wagered on the game on Green Bay. It was the most one-sided bet game of the day.

Green Bay had started out the season with a pointspread rating right up there close to New England and Seattle, but that rating is headed south fast based on a defense that can't stop anyone.

The Falcons (+1.5 at Philadelphia) and Panthers (-3 vs Kansas City) were also popular early public plays that lost and went the books' way to help build an early cushion of cash for the final four games of the day.<p><strong>Pros also take a hit</strong></p><p>Even sharp bettors took a beating as they pounded the Jaguars (-3 vs Houston) and Bears (-3 at Tampa Bay) -- games that went the books' way with the dogs winning.<br /><br />The books had seen the perfect storm brewing against them the past three weeks, but now the public was having it handed to them in similar fashion.<br /><br />The books hoped to just split the last four games, but they ended up winning three of them, including the 49ers covering their first number since Week 1. Arizona, laying 13.5 points, needed a last-second field goal to win 23-20.<br /><br />"The 49ers covering was probably our best decision of the afternoon," MGM Resorts sports book hub manager Jeff Stoneback said.<br /><br />The one game the public collectively had correct was the Cowboys winning a thriller, 35-30, at Pittsburgh (-3). But the problem was that the masses didn't have any teams parlayed to the Cowboys that covered.<br /><br />That meant bettors reloaded for the final get-back game to recoup their losses. And since Tom Brady was at home and had covered all four of his games since returning from suspension, laying -8 against the Seahawks didn't seem like an issue.<br /><br />"If the Patriots cover, it'll take away about 20 percent of what we've won on the day," Stoneback said prior to kickoff.<br /><br />Seattle's defense held on an epic game-ending goal line stand to win 31-24. Brady didn't throw a TD pass and Russell Wilson threw three.<br /><br />These Week 10 results slowed the momentum of bettors and will make them think a little more than simply betting against the 49ers or taking the Patriots, which plays right into the books' edge.</p><p>However, the Cowboys are rolling with eight straight wins and covers and America's Team will continue to be backed until someone shuts them down.<br /><br />Dallas is now 5-to-2 co-favorites with Seattle at the Westgate to win the NFC and 7-to-1 to win the Super Bowl, behind only the Patriots (7/5).</p><p></p>

Micah RobertsFormer Vegas Bookmaker