WSOP Main Event Payout Changes, WhiteCastle Las Vegas Opens, SB Betting

The World Series of Poker rolled out a special announcement with its 2015 schedule for its annual Las Vegas summer series. This year’s Main Event winner was to be guaranteed $10 million. This did not sit well with many World Series of Poker participants.

The feedback was that more players in the field should be paid. It was thought that making a top heavy payout structure would not be good for the overall health of the poker world. To the credit of the WSOP, they listened and quickly announced a better structure.

The 2015 World Series of Poker Main Event will pay 1,000 places and guarantee $8 million to the last player standing. All nine final table players will win at least $1 million. This all requires a minimum of 5,000 entries into the Main Event.

White Castle Opens on Las Vegas Strip and Chaos Ensues

In one of the most bizarre stories in recent Las Vegas memory, White Castle opened at 2pm on Tuesday on the Las Vegas Strip. It is located at Casino Royale, between Venetian and Harrah’s. Crowds rushed the restaurant. Diners waited two to three hours to be served after waiting in a queue that snaked around the property and blocked sidewalks along Las Vegas Blvd.

The restaurant was forced to close for several hours twice within its first two days of operations to restock and clean the restaurant. On Friday, three days after its opening, reports still indicated guests were waiting hours in the rain for White Castle.

Super Bowl Betting

Las Vegas is expecting over 300,000 visitors this weekend for Super Bowl 49. The betting line has the game dead even. A handful of sports books are offering New England as a one-point favorite. The over/under for the game is 47.5. In addition to the traditional wagers, hundreds of prop bets may be made at Nevada sports books. This includes which player scores the first touchdown, how many turnovers there will be, and other types of scoring and statistical prop bets.

Fewer bettors are visiting the sports books this year and are instead placing wagers on the app. Cantor Gaming announced that nearly two-thirds of its wagers through Friday on the Super Bowl were made via its mobile app.

American Gaming Association States $3.8 Billion Illegally Bet on Super Bowl

The American Gaming Association, which is a major lobbying group for casino companies, predicted that $3.8 billion will be bet illegally on the Super Bowl this year. These illegal bets would be made mostly with offshore sports books and street bookies. These wagers go untaxed and unregulated, a problem often cited by the American Gaming Association.

Senator McCain Supports Discussion Sports Betting at State Level

The Super Bowl betting may have convinced Senator John McCain to call for a Congressional hearing on sports betting. Sen. McCain supports the right of states to offer sports betting at land-based casinos but not over the Internet. This is an interesting position for a politician that is the reason some amateur sports may not be wagered on in Nevada. In the past, McCain questioned why Nevada sports books did not allow betting on Nevada teams. To answer this, Nevada started allowing bets to be made on UNR and UNLV games, but banned wagering on other amateur events, such as the Olympics.