The 5th week of the 2019/2020 NFL season is just about to wrap up. There were some major games taking place and a huge number of individuals in Las Vegas placed wagers on the outcomes. Fortunately for Las Vegas sportsbooks, the Oakland Raiders pulled off the upset against the Chicago Bears.
This win saved sportsbooks some serious money. Today, we’re going to look at how big of an impact this win made for LV sports betting platforms. We’ll also look ahead to some of the NFL betting odds available online right now.
Oakland Raiders Pull Off the Win Against the Chicago Bears
The Oakland Raiders entered this season as one of the biggest betting underdogs to win the Super Bowl. The team simply lacks the star talent found on the Patriots, for example. Interestingly, this team is looking solid thus far into the season and recently pulled off their second straight win against the heavily-favored Chicago Bears.
Last week, the Raiders sent shockwaves through the NFL fan base with a victory over the Colts. It was surprising to many, as they’d just lost in a miserable showing against the Vikings. Not many were optimistic about the Raiders’ chances to even make it into the playoffs.
This thought process is beginning to change. The Raiders looked like an elite team on Saturday and showed the ability to perform against the league’s big dogs. Thanks to a strong offense and effort from the special teams, Oakland pulled off the victory, 24-21.
This victory proved to be hugely beneficial to Las Vegas sportsbooks. According to new reports, a huge number of bettors placed money on the Bears to beat Oakland.
Sportsbooks Celebrate the Raiders Victory
Sports betting is hugely popular in Las Vegas. Every major casino in this city operates a sportsbook, most of which offer a wide range of different betting options. NFL betting is the most popular form of gambling here and brings in millions of dollars to the city every single week of the season.
According to the Las Vegas Review-Journal, a huge number of wagers were placed on the Chicago Bears to claim victory over the Raiders last weekend. Last-minute wagers placed the line at 6 ½ for Chicago. Several six-figure wagers were placed.
As we’ve mentioned numerous times already, the Raiders miraculously pulled off the victory. Mirage sportsbook director Jeff Stoneback commented on this victory to the media this week.
“It would’ve been a disastrous day for us if the Bears had covered,” he said. “It was a monster game for us. It was probably our biggest win of the year on any game. Winning straight up made it even sweeter for us, but it was one of those games we really had to sweat.”
Things didn’t completely work out for the Las Vegas sportsbooks, though. The Patriots’ domination of the Redskins was a major blow to these sports betting platforms. MGM Resorts took in two six-figure wagers on the Patriots.
It was an exciting week for NFL fans around the country. Fortunately, things are just getting started.
Week 6 NFL Betting Odds Online
19 states have already legalized sports betting. Many more are likely to start regulating the online sports betting industry over the next few years. Fortunately, there are some great online betting sites available in every single state. The best right now is Bovada.
This site offers odds for every single game of the season. There are some great week 6 odds available right now.
One of the most popular games that members of Bovada are wagering on is between the Carolina Panthers and Tampa Bay Buccaneers. The Panthers are riding a three-game win streak and enter this game as the favorites with current odds of -140. The Buccaneers are coming off a tough loss to the Saints and enter this game with current odds of +120.
Want to go with a real longshot wager? Consider placing money on the Bengals to take out the Baltimore Ravens. Cincinnati is 0-5 so far this season and is showing no signs of improvement. The Ravens have performed great for most of 2019 and enter as the massive favorites with odds of -600. Cincinnati’s odds are currently set at +400.
Las Vegas sportsbooks are also offering odds for the games this week. If you’re planning to visit Sin City, make sure to check out our hotels guide! Good luck with your bets!