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While it's hard to picture Frank Sinatra holding a martini in one hand and an electronic handheld device in the other, more and more, Las Vegas sports bettors are trying new ways to gamble. According to The New York Times, casinos like M Resort and the Venetian are supplying bettors with new handhelds, which resemble iPhones, to make bets in real-time throughout a game or event. Gamblers still give cash to ticket writers, but instead of receiving a paper ticket, they get an eDeck that's loaded with electronic credits. An eDeck can be used anywhere in the casino (except gaming tables), so long as it's within the range of the Radio Frequency Identification chip (RFID) given to the gambler. For the purpose of additional security, all monetary transactions are completed on a back-end server.
This new system, which was approved by the Nevada Gaming Commission in 2008, not only makes it easier for people to bet, but also increases revenue for sports books. Instead of simply betting once on the outcome of a game, bettors can use an eDeck to view odds and bet multiple times throughout the game (on field goals or home runs, for instance).
More bets equate to more revenue, of course, which makes us wonder why it took Vegas bookies so long to embrace the handheld revolution. Maybe they need to lay off those martinis. [From: The New York Times]
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Comments
2
Subscribe to commentsobbigdogDec 29th 2009 3:30PM
Should we be surprised by this newest development? If you have ever wondered why there is such interest in the outcome of professional games, simply consider how much money is being wagered both legally and illegally throughout the season. Perhaps you could visit a Vegas sports book and observe the behavior of folks watching a ball game. Why not bring that betting excitement to your pocket with the use of one of these new betting devices? Young American males are hooked on "action." It may not be long before the range on these Edecks will be like the range on the ubiquitous cell phone.
Sport AddictedJul 6th 2010 8:36AM
It's the logical move which had to be done. Nowadays everything has to be connected and digital, although the pleasure from a Vegas sportsbook will disappear along with your offline friends