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January

27

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Teddy Covers' Las Vegas Wiseguy Report: Bettors ready for Super Bowl XLIX

01.26.2015     10:49 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
It’s Super Bowl time again.  I use this line every year because it’s true – this IS the moral equivalent of Christmas Day for many sports bettors.  Yet, much like last year, many of the professional full time bettors that I know are rather disappointed with the proposition betting opportunities for Super Bowl XLIX – there’s simply not much low hanging fruit.  The biggest and best sportsbooks (market leaders both here in Vegas and offshore) have learned from previous mistakes.  Weak numbers do NOT abound in 2015.

Let me start with the game itself.  The Super Bowl itself has been an underdog bettor’s paradise in recent years.   The Seahawks were underdogs at kickoff last year in their blowout win over the Broncos. The Ravens won the Super Bowl in 2013, as the underdog, beating the favored 49ers.  The Giants won the year before as an underdog; knocking off the Patriots.  In 2010, the Saints won straight up as a dog over Peyton Manning and the Colts.  In 2009, the Cardinals covered the spread in a tight loss to the Steelers.  In 2008, the Gia nts beat the favored 18-0 Patriots Read more


Tags: NFL Super Bowl XLIX Teddy Covers Las Vegas




Las Vegas sportsbooks gear up for Super Bowl XLXI

01.26.2015     10:43 AM     Printer Friendly
SportsMemo.com blog entry.
Our friends from The Vegas Parlay have compiled a nice list of all of the Las Vegas sportsbook Super XLIX parties. There’s everything from high-end group parties to $1 hot dogs.



Tags: NFL Super Bowl XLIX Las Vegas




Super Bowl XLIX Gambling: Westgate posts famed prop bets

01.23.2015     02:41 PM     Printer Friendly
SportsMemo.com blog entry.
The Las Vegas Sun was kind enough to post all the Westgate's famed Super Bowl XLIX Prop Bets. They were officially posted Thursday night but still plenty of opportunity for those willing to put in the work.



Tags: NFL Super Bowl XLIX




WATCH: Sportsmemo Handicapper Teddy Covers in Life On The Line

01.23.2015     02:33 PM     Printer Friendly
With no football this weekend (the Pro Bowl doesn't count) and 200 college basketball games perhaps not your schtick you can sit back and watch the sports betting documentary Life On The Line for free. It features Sportsmemo Handicapper Teddy Covers as they discuss life as a sports bettor in Las Vegas.



Tags: Las Vegas Teddy Covers




Sportsmemo Handicapper Teddy Covers to speak at Mob Museum

01.21.2015     01:50 PM     Printer Friendly
SportsMemo.com blog entry.
Sportsmemo Handicapper Teddy Covers will be speaking at tonight's Courtroom Conversation at the Las Vegas Mob Museum. The topic, of course, will be sports betting! For more info, click here.


“The two greatest blunders in the history of U.S. gaming were the support of the Professional and Amateur Sports Protection Act, which helped create the offshore online gaming industry, as well as prohibiting the expansion of legal sports wagering into other states.”





Tags: Las Vegas Teddy Covers




Season ticket sales key if NHL wants to set up shop in Las Vegas

01.20.2015     01:19 PM     Printer Friendly
SportsMemo.com blog entry.
The NHL is considering an expansion team in Las Vegas but before they pull the trigger, the biggest question remains will there be enough interest? Obviously they’ll draw from the tourist crowd but local interest, particularly that of season ticket holders, will be paramount.


"I've never understood who the Vegas market is," said former Calgary Flames general manager Craig Button. "People live there (because they work there). I don't know any Las Vegans or whatever you call them. I don't know if you can have a professional sports team there if you don't know who your market is."

"If we sell 10,000 season tickets, I believe we will go a long ways to getting the franchise," Foley told USA TODAY Sports. "Ten thousand is our number."





Tags: NHL Las Vegas




A perfect match: Gambling and the Super Bowl

01.20.2015     08:34 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Publicly, the NFL is among one of the staunchest opponents of legalized gambling. Former commissioner Paul Tagliabue and current commissioner Roger Goodell were instrumental in getting the anti gaming ‘Illegal Internet Gambling Prohibition Act’ attached to the Port Security Bill. The NFL has taken this stance despite the fact that its enormous popularity is, in no small part, due to the prevalence of betting on games.

The hypocrisy of the NFL in regards to betting is almost laughable. The facts, as you will see, clearly show that the league was founded by gamblers for gamblers. From the NFL’s first television appearance in 1939 through the current TV deal that pumps more than three billion dollars per year into the league coffers, the NFL’s popularity rests upon the shoulders of those who wager on the outcome of the games.

Here in the 21st century, the NFL is the most popular and profitable sport in the. NFL owners are among the richest men in the world; franchises are bought and sold for more than half a billion dollars. However, the league’s humble origins were anything but the extravagant bonanza that is the NFL today. Read more


Tags: NFL Super Bowl XLIX Teddy Covers




Government threatens casinos that allow third party sports betting

01.20.2015     07:17 AM     Printer Friendly
SportsMemo.com blog entry.
The U.S. Treasury Department is cracking down on third party betting at sportsbooks including "runners."


“In these cases, the intermediaries rarely voluntarily disclose to the casino that a transaction is being conducted on behalf of a third party, thereby disguising the third party’s role in the transaction and obscuring the source of funds used to place the bet. This poses distinct money laundering risks for casinos,” FinCEN said in the letter.





Tags: Las Vegas




Super Bowl XLIX Gambling: Oddsmakers project game to go off as a pick 'em

01.19.2015     01:48 PM     Printer Friendly
SportsMemo.com blog entry.
After an initial rush of New England Patriots support, oddsmakers aren't expecting much if any line movement on the side for Super Bowl XLIX. Most sportsbooks have settled in at a pick ‘em with a few offering Seattle -1.


“You’re not going to see this one bounce around like you did last year,” asserted Jimmy Vaccaro of the South Point sports book. “Last year the whole world was in love with Denver early and there was a crush at the (betting) window. But this game is going to stay right around Seattle a 1-point favorite or pick ‘em the whole entire way.”








Tags: NFL New England Patriots Seattle Seahawks Super Bowl XLIX




NFL Super Bowl XLIX Gambling: Offshore and Las Vegas pointspreads

01.19.2015     07:59 AM     Printer Friendly
SportsMemo.com blog entry.
Quick rundown of the opening and current pointspreads at key offshore and Las Vegas sportsbooks for Super Bowl XLIX.

CRIS Opener: Seattle -3 O/U 49
CRIS Current: Seattle -1 O/U 48.5

Pinnacle Opener: Seattle -2-05 O/U 48.5
Pinnacle Current: Seattle pk-16 O/U 48

BetOnline Opener: Seattle -3-05 O/U 49
BetOnline Current: Seattle pk O/U 48un-16

Cantor Opener: Seattle -2.5 O/U 49
Cantor Current: Seattle pk O/U 48.5

LVH Opener: Seattle -2.5 O/U 48.5
LVH Current: Seattle pk O/U 48

Wynn Opener: Seattle -2.5 O/U 49.5
Wynn Current: Seattle -1 O/U 49.5

Stations Opener: Seattle -2 O/U 49.5
Stations Current: New England -1 O/U 49.5



Tags: NFL Super Bowl XLIX New England Patriots Seattle Seahawks



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Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Sammy P Sports, Ian Cameron, and Paul Stone. Listen to these handicapping experts daily on the Sportsmemo Radio Show from Noon-2 pm PST on Fox Sports 920AM in Las Vegas and the web at Sportsmemo.com.  Missed the Sportsmemo Radio Show?  Past shows are available on Sportsmemo.com's radio archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, AFL, and PGA? Check out the interactive sports betting posting forum, matchup statistics, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   Jan 27, 2015 10:53 AM.