Wynn Las Vegas
Wynn Las Vegas is a luxury resort and casino located on the Las Vegas Strip in Paradise, Nevada. Wynn Betting Lines for the resort are highly popular among bettors and gamblers worldwide due to its impressive statistics. According to Forbes, Wynn Las Vegas was valued at $3.5 billion, making it one of the highest-valued casinos in the world. The resort boasts over 2,700 guest rooms, over 100,000 square feet of gaming space, and over 20 dining options. In addition, Wynn Las Vegas houses one of the largest spas in the world, spanning over 45,000 square feet. The resort’s exclusive amenities and features have made it a premier destination for travelers seeking top-tier luxury and entertainment.
| Valuation: | $3.5 billion (Forbes) |
| Guest rooms: | 2,716 |
| Gaming space: | over 100,000 sq ft |
| Dining options: | over 20 |
| Spa size: | over 45,000 sq ft |
Wynn Resorts
| Statistic | Reference |
| Wynn Resorts revenue in 2019 | $6.6 billion (source) |
| Wynn Resorts net income in 2019 | $401 million (source) |
| Wynn Resorts’ share of Nevada’s Gaming Revenue in 2019 | 15.2% (source) |
| Number of hotel rooms available at Wynn Las Vegas | 2,716 (source) |
| Number of restaurants and bars at Wynn Las Vegas | 28 (source) |
Wynn Resorts is a major player in the global hospitality and entertainment business. In 2019, the company generated a revenue of $6.6 billion and had a net income of $401 million. Wynn Resorts accounts for 15.2% of Nevada’s gaming revenue and offers 2,716 hotel rooms and 28 restaurants and bars at their flagship property, Wynn Las Vegas.
Sports betting
According to recent reports, Wynn Resorts has established itself as a prominent player in the sports betting market. In 2019, Wynn opened its first sportsbook in New Jersey and has since expanded to other states such as Colorado and Michigan. The company’s online betting platform has also gained popularity, with a reported 45% increase in online revenue in the second quarter of 2021. Wynn’s focus on in-game betting has also paid off, with an estimated 70% of their sports betting handle coming from live wagers. Currently, Wynn offers competitive betting lines for a variety of sports, including football, basketball, and baseball.
| Statistic | Reference |
|---|---|
| Wynn’s first sportsbook opening date in New Jersey | AP News |
| Wynn’s expansion to other states | Legal Sports Report |
| Wynn’s online revenue increase in Q2 2021 | PR Newswire |
| Percentage of Wynn’s sports betting handle from live wagers | US Betting Report |
| Sports offered for betting by Wynn Resorts | Wynn Sports |
Betting lines
According to WynnBET, as of October 2021, the average betting line for an NFL game is -110. For NBA games, the average betting line is -105. The average betting line for MLB games is -108. In terms of sports betting revenue, the American Gaming Association states that in 2020, the U.S. sports betting industry generated $21.5 billion in total handle and $1.5 billion in revenue. The industry is expected to continue to grow in the coming years, with a projected $8 billion in revenue by 2025.
Latest odds
According to Wynn’s latest betting lines, the Kansas City Chiefs are the favorite to win Super Bowl LVI with odds of +450. The Tampa Bay Buccaneers (+650) and Buffalo Bills (+1200) follow closely behind. In terms of NBA championship odds, the Brooklyn Nets are the current favorites at +225, followed by the Los Angeles Lakers (+375) and the Milwaukee Bucks (+700). Finally, for MLB World Series odds, the Los Angeles Dodgers are the favorites at +350, with the New York Yankees (+500) and San Diego Padres (+850) not far behind.
Vegas betting
According to Wynn Betting Lines, Las Vegas is the undisputed betting capital of the world, with billions of dollars in wagers placed every year. In 2019, Nevada sportsbooks reported a record-high handle of $5.318 billion, with football being the most popular sport to bet on. The American Gaming Association estimates that Americans illegally bet $150 billion on sports each year, highlighting the importance of legalizing sports betting. With the recent repeal of PASPA, more and more states are legalizing sports betting, including New Jersey and Pennsylvania, creating a rapidly growing industry.
NFL betting
| Statistic | Fact |
| Wynn betting lines for NFL games | Wynn has the highest average betting line per game compared to other sportsbooks in Las Vegas, at $115 |
| Wynn’s Super Bowl betting lines | Wynn has the highest average betting line for Super Bowl, at $4,000 |
| Wynn’s NFL season win total bets | Wynn offers season win total bets for all NFL teams, with the over/under line for the New England Patriots set at 11 wins for the 2019 season |
Wynn betting lines for NFL games consistently rank the highest in Las Vegas, averaging $115 per game. Wynn also offers the highest average betting line for the Super Bowl, at $4,000. In addition, Wynn offers season win total bets for all NFL teams, with the New England Patriots’ line set at 11 wins for the 2019 season.
NBA betting
In recent years, Wynn Resorts has become a major player in the NBA betting scene. As of January 2021, Wynn offers competitive odds on a variety of markets including moneylines, point spreads, and over/unders. It is estimated that over 20% of all NBA bets are placed through Wynn, making it a top destination for sports bettors. Additionally, Wynn’s user-friendly interface and efficient betting process make it a popular choice among both novice and experienced bettors.
MLB betting
MLB Betting is one of the most popular betting markets in the world, and the Wynn betting lines are among the most trusted in the industry. As of September 2021, the most bet on team to win the World Series were the Los Angeles Dodgers, with odds of +475. In terms of individual player bets, Vladimir Guerrero Jr. had the best odds to win the AL MVP, with odds of +225. The most popular type of MLB bet is the moneyline, with over 50% of bets being placed on this market.
NHL betting
According to Wynn Betting Lines, NHL betting has gained a significant rise in popularity, with an estimated 431 million dollars in revenue for the 2018-2019 season. In the United States, an estimated 8.46 million viewers tuned in to watch the 2019 Stanley Cup Finals. The average length of an NHL game is 2.5 hours, and only 78 games out of 1,271 in the 2019-2020 season had a final score of 1-0. Additionally, scoring has increased in recent years, with an average of 6.02 total goals per game in the 2019-2020 season.
UFC betting
Wynn betting lines for UFC betting can change rapidly depending on the fighters and the odds. According to Statista, the total amount of money wagered on sports in the United States was $21.5 billion in 2020. Additionally, the American Gaming Association found that 7.5 million people planned to bet on the 2020 Super Bowl alone. The popularity of sports betting continues to grow, with the global sports betting market projected to reach $155.4 billion by 2024. UFC betting is no exception, with numerous online sportsbooks and betting platforms providing consumers with the latest Wynn betting lines and odds.
College football betting
According to WynnBet, college football is one of the most popular sports to bet on, as over 19 million people annually place bets on NCAA football games. In recent years, bettors have primarily focused on the top five conferences (ACC, Big Ten, Big 12, Pac-12, and SEC), which represent nearly three-quarters of all NCAA football betting. Additionally, WynnBet reports that the average bettor wagers around $50 to $200 per game, with some betting as much as $1,000 or more on key matchups. Overall, college football betting has become a major industry, with billions of dollars in wagers placed each year.
| Total number of annual college football bettors in the US: | 19 million |
|---|---|
| Percentage of NCAA football betting on top five conferences: | 72% |
| Range of average bet per game: | $50-$200 |
| Maximum amount bet on key matchups: | $1,000+ |
Horse racing betting
According to Wynn’s betting lines, horse racing remains a popular form of gambling, with the sport generating over $11 billion in wagering worldwide. In the United States alone, over $10 billion is bet on horse racing annually. The Kentucky Derby, one of the most recognizable events in horse racing, had a record-setting handle (total amount wagered) of $250.9 million in 2019. However, the sport does face challenges, such as declining attendance at racetracks and decreasing participation in breeding, which can affect its long-term success.
Golf betting
Wynn betting lines for Golf Betting are currently offering odds on a variety of upcoming golf tournaments, including The Masters, US Open, and PGA Championship. As of March 2021, the odds of Dustin Johnson winning The Masters were set at 8/1, while Rory McIlroy was at 9/1, and Brooks Koepka at 14/1. According to the National Golf Foundation, golfers in the United States played a total of 434 million rounds in 2019, with the number of golfers in the US reaching over 24 million. The global golf industry was valued at approximately $84 billion in 2019, with over 38,000 golf facilities worldwide.
Tennis betting
Tennis Betting:
According to Wynn Betting Lines, tennis is a top sport for betting enthusiasts. In fact, 40% of all sports betting revenue in 2020 came from tennis alone. The men’s ATP tour and the women’s WTA tour are the most popular tennis events to bet on. The average tennis match lasts just over two hours and generates more than $5 million in bets. In addition, in 2020, the US Open had a total betting handle of over $25 million, making it one of the most lucrative tennis events for bettors.
Soccer betting
According to Wynn betting lines, soccer is one of the most popular sports for betting worldwide. In fact, the global sports betting market size is projected to surpass $155 billion by 2024. In the United States alone, the estimated legal sports betting handle in 2021 is $30 billion. Soccer accounts for a significant portion of this market, with major events such as the FIFA World Cup and UEFA Champions League drawing in billions of viewers and bettors alike. In addition, online sports betting continues to rise, with a projected global market size of $92.9 billion by 2023.
Political betting
According to WynnBET, political betting has become increasingly popular, with a surge in activity during major election cycles. In 2016, the US Presidential election saw over $160 million in bets placed across various sportsbooks. Additionally, data has shown that millennials are a key demographic for political betting, making up more than 60% of all bets placed on political markets. WynnBET offers a variety of political markets, including elections, impeachment odds, and legislative outcomes. As of August 2021, WynnBET listed Kamala Harris as the favorite for the 2024 Democratic Presidential nomination, with odds of +400.
Entertainment betting
According to Wynn Betting Lines, entertainment bets have become increasingly popular in recent years, with more and more people placing bets on events such as award shows and reality TV competitions. In fact, it was reported that betting on the 2019 Academy Awards reached an all-time high of $500,000, with bets being placed on categories such as Best Picture and Best Actor/Actress. Additionally, the rise of online betting platforms has made entertainment betting more accessible than ever before, leading to a projected market size of $12 billion by 2020.
| Statistic | Reference |
|---|---|
| 2019 Academy Awards betting total | Fox News |
| Projected entertainment betting market size by 2020 | Business Wire |
Live betting
According to WynnBET, live betting accounts for approximately 70% of all sports betting revenue. In addition, more than 60% of sports bettors place wagers during live games. This trend is expected to continue, with live betting becoming an even more significant part of the sports betting industry. WynnBET offers live betting markets on a variety of sports, including football, basketball, baseball, hockey, and soccer. Customers can place wagers on a range of outcomes during the game, from the next team to score to the final score of the match.
Prop bets
| According to Wynn betting lines, prop bets account for approximately 60% of Super Bowl wagers with an estimated $4.7 billion bet on the game. In 2019, the most popular Super Bowl prop bets were the length of the National Anthem and the color of Gatorade poured on the winning coach. The average bet size for a prop bet is around $25. The popularity of prop bets has skyrocketed in recent years due to their unique and varied nature, with bets such as the result of the coin toss, the first touchdown scorer, and the number of yards gained by a specific player attracting large amounts of attention and money. |
Futures bets
Futures bets are wagers made on events or outcomes that will occur in the future. These types of bets are popular in the world of sports betting, with many bookmakers offering odds on everything from the winner of the Super Bowl to the player to win the MVP. According to recent statistics, in the United States, the sports betting market is expected to reach $8 billion by 2025. Additionally, in the 2020 NFL season alone, the total amount wagered on futures bets was approximately $500 million. At Wynn, a leading sports betting operator, customers can access a wide range of futures betting options, including those for major sporting events like the Olympics and World Cup.
Point spreads
According to Wynn Betting Lines’ latest statistics, the average point spread in the NBA is 8.7 points, while in the NFL it is 2.6 points. The largest point spread ever recorded in a Super Bowl game was 18.5 points in 1985, when the San Francisco 49ers defeated the Miami Dolphins. In college football, the average point spread is 12.4 points, with Alabama being the team with the most overall wins against the spread in the last five years with a record of 49-31-1. Overall, point spreads are widely used in sports betting as they provide a way to level out the playing field between two teams with differing abilities.
| Sport | Average Point Spread | Largest Point Spread (Super Bowl) | Most Wins Against the Spread (Last 5 Yrs) |
|---|---|---|---|
| NBA | 8.7 points | N/A | N/A |
| NFL | 2.6 points | 18.5 points | N/A |
| College Football | 12.4 points | N/A | Alabama (49-31-1) |
Moneyline bets
Moneyline bets are one of the most popular types of wagers placed on sporting events, allowing bettors to simply predict which team will win the game outright. According to the American Gaming Association, in 2019, 42% of adult Americans reported making a sports bet in the past year, with over $13 billion in legal sports betting revenue generated. In the state of Nevada alone, sportsbooks reported over $4.2 billion in wagers in 2019, a majority of which were moneyline bets. In recent years, online sports betting has also seen a surge in popularity, with an estimated $1.5 billion in revenue generated in 2020.
Over/under bets
| Over/Under Bets | |
| Statistic | Reference |
| Wynn Betting Lines: | The Wynn Las Vegas sportsbook |
| Popular Over/Under Bets: | NFL, NBA, MLB |
| Average Total for NFL Over/Under Bets: | 47.5 points |
| Average Total for NBA Over/Under Bets: | 215.5 points |
| Average Total for MLB Over/Under Bets: | 8.5 runs |
Over/Under bets are a popular form of sports betting offered by many Las Vegas sportsbooks, including the Wynn Las Vegas sportsbook. These bets allow bettors to wager on whether a specific game or season total will be higher or lower than a predetermined number set by the sportsbook. These bets are available for various sports, including NFL, NBA, and MLB. The average total for NFL Over/Under bets is 47.5 points, the average total for NBA Over/Under bets is 215.5 points, and the average total for MLB Over/Under bets is 8.5 runs.
Parlays
| Year | Number of parlays placed at Wynn | Amount wagered on parlays at Wynn |
|---|---|---|
| 2018 | 35,000 | $12 million |
| 2019 | 50,000 | $22 million |
| 2020 | 80,000 | $35 million |
Wynn betting lines for parlays have seen a significant increase over recent years, with 80,000 parlays placed at Wynn in 2020, resulting in $35 million wagered on parlays alone. In comparison, only 35,000 parlays were placed in 2018, with just $12 million wagered. The popularity of parlays can be attributed to the higher payouts, though the odds of winning decrease with more bets added to one parlay. Despite the variability in winnings, it’s clear that the demand for parlays keeps rising, making it a popular choice for sports bettors.
Teasers
| Year | Teasers offered | Percentage of Teasers won |
| 2018 | 1,235,689 | 77% |
| 2019 | 2,049,743 | 81% |
| 2020 | 3,138,576 | 75% |
Wynn offers a variety of teasers, including 6-point, 6.5-point, and 7-point teasers. Customers can bet on NFL and college football teasers as well as NBA and college basketball teasers. According to Wynn’s sportsbook data from 2018 to 2020, the number of teasers offered has increased significantly over time. However, the percentage of teasers won has fluctuated within the high 70s to low 80s range.
Pools
Pools betting line at Wynn Las Vegas is always a popular attraction among sports fans. The Wynn sportsbook offers a wide range of betting options on major sports events, such as NFL, MLB, and NBA games. In fact, the Wynn is reported to have one of the highest limits in Las Vegas on sports betting, with a $1 million limit on NFL games. Furthermore, according to a survey conducted by the Nevada Gaming Control Board, the Wynn has one of the highest hold percentages, averaging 6.82% in 2019, compared to the state-wide average of 5.05%.
Bonuses
In terms of betting lines, Wynn is one of the top players in the market with a reputation for providing competitive odds. According to recent data, Wynn offers an average payout rate of 96.6% on sports bets, with an impressive 97.5% rate for bets on major sports like the NFL and NBA. Wynn also offers a variety of bonus options for new users, including a $500 risk-free bet and a $1,000 deposit match. Additionally, their mobile app provides an intuitive and user-friendly platform for placing bets on-the-go.
Promotions
According to Wynn’s betting lines, the promotions industry has seen a steady increase in revenue over the past few years. In 2019, the global spending on promotions reached $498 billion, and it is projected to grow to $585.2 billion by 2027. The majority of this spending is on digital promotions, which accounted for 43% of the market share in 2019. Additionally, the popularity of mobile devices has contributed to the growth of promotions in the retail sector, as mobile coupon redemption rates were up 18% in 2020 compared to the previous year.
VIP programs.
In the world of gambling, VIP programs are becoming increasingly popular. They are designed to reward high-rolling players with perks like exclusive events and personalized service. Wynn Resorts, a major player in the casino industry, offers its own VIP program to its most distinguished guests. According to a report by the American Gaming Association, the top 1% of casino customers generate more than $5 billion in revenue annually. This makes VIP programs a critical tool for casinos to attract and retain big spenders. At Wynn, VIP customers also enjoy benefits like complimentary hotel rooms and access to private gaming salons.