Vegas Odds for the 2012 New York Jets

If you’re a betting man (or woman!), this is the post for you.

On Wednesday, Cantor Gaming was the first Vegas bookmaker to release the win totals odds for the 2012 NFL season. Cantor has the Jets at 8.5 (Over: -115, Under: -115),  and according to these odds, they would finish second place in the AFC East.

MGM resorts released their odds in time for the holiday weekend. Only 9 of the 32 teams are the same as the Cantor odds, but 29 of 32 are within a half game of one another. The Jets again come in at 8.5.

For some perspective, Cantor runs 7 books in Vegas (Venetian, Palazzo, Hard Rock, Cosmopolitan, Palms, Tropicana and The M Resort), while MGM runs 12 (including the New York-New York, MGM Grand, Bellagio, Mandalay Bay, Mirage and the brand new ARIA casino).

Two weeks ago Cantor released the spread on weeks 2-16 and the sports book has the Jets favored in 8 games with two pick’ems (at Houston and Tennessee). The lines for week 1 were released about a month ago, and Vegas has the Jets by 6 over the Bills. The lines for week 17 has not been released yet.

*Insert generic advice about gambling responsibly here.*

But seriously – and don’t take this the wrong way – my best advice is to not place bets on the New York Jets. At least, not yet. It is May after all, and I’m really not comfortable making any predictions about the team’s record until I actually see what the 2012 New York Jets are going to look like. So you’ll have to stay tuned if you are generally interested in my ugh, financial advice.

My final suggestion on this matter is to be sure to get an M Life card if you are in Vegas. The sheer number or resorts owned by MGM almost guarantees you will get a return on your…investment (?).