LAS VEGAS (AP) — A new season-long football pool at a Las Vegas casino is taking America’s favorite gambling sport to new heights with a $100,000 buy-in and a $490,000 top prize.
The NFL handicapping pool run by the M Resort cost roughly $10,000 more to enter than the average sale price of a Las Vegas condominium in August.
Seven entrants must pick the winners of five NFL games each week against the spread, with a point system tallying wins, ties and losses.
It’s similar to other contests around town that can sometimes cost a few hundred or thousand dollars to enter, but this pricey pigskin pool is now the most exclusive competition around.
Professional sports gambler Steve Fezzik says the sky-high stakes are enough to make any whale carefully think before diving in.
