Oct 18 2011

Nevada Gaming Control Board authorizes WSOP prop bets

written by: Steve under News Comments: Comments Off

As if there wasn’t enough side-bets and action taking place on the rail if the World Series of Poker Main Event we have this: For the first time Las Vegas sports-books will be allowed to offer prop bets on the World Series of Poker! The Nevada Gaming Control Board has authorized five different prop bets in addition to allowing patrons to wager on the eventual winner of the WSOP Main Event.

Here is a look at the bets that will be available at Caesars Entertainment properties in addition to wagering on the nine final table participants to win the tournament, courtesy of the Las Vegas review-Journal:

  • Who will be the first player to bust out when the field of nine reconvenes?
  • Will the current chip leader win the Main Event?
  • What poker hand will determine the champion?
  • What will be the total number of hands dealt at the final table?
  • Will there be more red cards or black cards on the final table’s first flop?

It will be interesting to see how much action the WSOP betting lines will attract –which will determine the shelf-life of WSOP prop bets, and the possibility of expanding the number of bets next year—but as of now the Las Vegas sports-books are not expecting too much betting on the WSOP, as Las Vegas Hilton Race and Sports Book Director Jay Kornegay told the LVRJ: “The propositions will drum up some conversation, but I don’t think we’ll see much action. We’ll put up the odds as it gets closer to the event. There is a fan base that’s growing, but people aren’t really used to the idea of betting on poker.”

Mr. Kornegay is obviously not aware of poker players betting habits, since a couple of big name poker pros could, and probably will, wager millions by themselves!

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