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Gambling Update: Billy Walters insider trading case reveals new twist

05.24.2016     08:05 AM     Printer Friendly
UPDATE

The Billy Walters insider trading story just got more interesting following reports that one of the accused tossed a burner cell phone into a creek.


"I did so with the intent both to impair the integrity of the cellular phone and to make it unavailable for any subsequent criminal proceeding," said Davis, who pleaded guilty at the hearing to charges including securities fraud.







Billy Walters arrested for insider trading

05.19.2016     07:51 AM     View Original Blog


Billy Walters was arrested on Wednesday for his alleged Read more



Tags: Billy Walters




Teddy Covers' Las Vegas Wiseguy Report: Prepping for the College Football season

05.23.2016     10:22 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
My summer homework progression is simple.  I do my NFL work first, because not that much changes in the professional ranks over the summer.  Once we’re done with the draft and the initial free agent signing period, it’s easy to make preliminary assessments of all 32 NFL teams.  While the season win total market is still a long way from true maturity, we do have a pretty good sense of two things.  First, how the 32 teams are projected, power ratings wise and second, how tough a team’s schedule is going to be.

When it comes to college football, I don’t do much until after the MLB All-Star break, and the majority of my college football prep comes in August.  Why the difference?  Simple – a lot more changes in college over the summer, and I’m not a big fan of doing the same work twice!  The depth charts that you’re going to see popping up in all the college football preview publications were accurate at the end of spring camp.  By mid-August, they’re essentially obsolete. 

There are many more players moving up and down the depth charts in college.  There are more Read more



Tags: College Football Teddy Covers




Billy Walters arrested for insider trading

05.19.2016     07:51 AM     Printer Friendly
SportsMemo.com blog entry.
Billy Walters was arrested on Wednesday for his alleged involvement in an insider trading scheme.


“Bill Walters is a true American success story, whose extraordinary accomplishments as a lawful sports gambler have been widely recognized and lauded,” the lawyer, Barry Berke, said in a statement. “Mr. Walters and his counsel look forward to his day in court where it will be shown that the prosecutors’ accusations are based on erroneous assumptions, speculative theories and false finger-pointing.”






Tags: Billy Walters




Teddy Covers' Las Vegas Wiseguy Report: Bettors must be willing to change opinions on the fly

05.16.2016     11:37 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Successful sportsbettors are not politicians.   Politicians take heat every time they change their opinion – flip-floppers!  A politician who is pro-choice on abortion, for example, will take enormous criticism from both sides, and will probably lose his or her next election if he or she switches to a pro-life stance.

Sports bettors, like politicians, are inevitably going to have some wrong opinions – about teams, about players, about coaches.  Bill Belichick was not a great coach with the Cleveland Browns, and was not highly regarded after suffering a losing campaign in his first year.  Greg Popovich certainly wasn’t a high profile, top notch hire when the Spurs decided he should be their head coach.  The Carolina Panthers weren’t taken seriously by most NFL analysts last year until they reached the Super Bowl.  Steph Curry wasn’t a superstar...until he was. 
Throughout the world of sports and sportsbetting, everybody – E-V-E-R-Y-B-O-D-Y! – is going to have some wrong opinions.  But the differences in how bettors deal with those wrong opinions is fairly dramatic; often the Read more



Tags: NBA Oklahoma City Thunder Golden State Warriors Toronto Raptors Cleveland Cavaliers Teddy Covers




Politicians rail against Daily Fantasy Sports

05.12.2016     08:27 AM     Printer Friendly
SportsMemo.com blog entry.
At yesterday's House hearing regarding Daily Fantasy Sports, Democrats called out FanDuel and DraftKings for claiming they aren't a gambling entity yet both have taken steps to secure gambling licenses in the U.K.


“Yet in the U.S., both companies maintain that daily fantasy sports is not gambling," Pallone told Peter Schoenke, the witness representing the Fantasy Sports Trade Association. "So what is DraftKings’s rationale for getting a gambling license in the U.K. if they say that daily fantasy sports is not gambling? And what about FanDuel’s? How do they justify this when they ask for the gambling license in the U.K.?”











Reche Caldwell used to be a big time bookmaker

05.12.2016     07:17 AM     Printer Friendly
SportsMemo.com blog entry.
Crazy story about former NFL wide receiver Reche Caldwell who apparently moonlighted as a bookie.


Speaking from prison, the most animated Caldwell gets is when talking about gathering around his parlor's makeshift bank of TVs to watch the end of seemingly meaningless games, like Northern Illinois -- Ball State in 2013. Ball State had the ball with 46 seconds left to play and NIU leading 41-27. Caldwell was silently celebrating because he had failed to control just how much money was placed on the 72.5-point over.






Tags: NFL




MLB Handicapping: Oakland bullpen running on fumes

05.11.2016     09:27 AM     Printer Friendly
SportsMemo.com blog entry.
The Oakland A's bullpen currently ranks second in MLB with 120 innings. Their workload has been crazy of late with 15.1 innings over the last three days. The only positive is that all three games came on the road meaning the pen avoided three innings. And you can expect more than a few tired arms will need to throw today as fringe starter Eric Surkamp has gone 4.1, 4.2, 5.2, and 4.2 innings in his four starts this season and faces arguably the best offense in baseball in the Boston Red Sox. Oakland’s staff has allowed 38 runs the last three days.

May 8
Starter: Graveman 2.2 IP
Bullpen: 5.1 IP

May 9
Starter: Gray 3.2 IP
Bullpen: 4.1 IP

May 10
Starter: Manaea 2.2 IP
Bullpen: 5.1 IP




Tags: MLB Oakland A's Boston Red Sox




Let's all dream about Mayweather vs. McGregor

05.10.2016     08:16 AM     Printer Friendly
SportsMemo.com blog entry.
Look, we’d all love to see Floyd Mayweather get pummeled. But Conor McGregor is not the answer. The mythical fight has Floyd as a -2000 favorite which is probably a little short.


"Floyd went mad after Conor said he would crush him and knock him out in 30 seconds, he's obsessed with making Conor eat his words," someone who was not identified told The Sun. "It was agreed in principle on May 2, but Floyd wouldn't reveal the identity of his opponent until last night when he told friends he'll be fighting Conor."






Tags: Boxing Floyd Mayweather




Teddy Covers' Las Vegas Wiseguy Report: How to Handicap NFL Season Over/Under Wins Part II

05.09.2016     10:47 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Last week, I wrote about how taking a look back at EXACTLY what happened throughout the course of the 2015 season can help bettors create more accurate opening power ratings for the 32 NFL teams for the upcoming 2016 campaign.  Instead of looking at aggregate numbers compiled at the end of the season, my methodology here is to track strength of schedule based on power ratings on the week the games were played. 

Taking the time to do that accurately gives bettors a much better idea of how a team came to accumulate their final record.  Did they underachieve because their schedule was tougher than it looked?  The Giants and Cowboys stood out here.  Did they overachieve because their schedule was weaker than it looked?  The Cardinals and the Jets stood out in that regard.

Once last year’s numbers are compiled and filed, it’s time to do the same thing for the upcoming campaign – creating more accurate numbers than you can commonly Read more



Tags: NFL Teddy Covers




MLB Handicapper Free Betting Pick: Philadelphia Phillies at St. Louis Cardinals

05.02.2016     12:19 PM     Rob Veno     Printer Friendly
Submitted by Rob Veno

SportsMemo.com blog entry.
Philadelphia (Hellickson) at St. Louis (Wainwright) -170 O/U 7.5
Recommendation: Over


Not sold on Jeremy Hellickson who did have a good April posting a 1.19 WHIP and a pair of quality starts. The hesitancy toward backing him is that we’ve seen enough of his career to know exactly what he brings to the table and his early 2016 results are a bit better than what can be expected of him. That being said, even less inclined to back Adam Wainwright who has been abysmal thus far and looks to be in the mold of older veteran starter whose best days are behind him and now needs to re-invent himself. His 7.16 ERA through five starts isn’t a skewed number; he has been hit in every outing and has not recorded a game ERA lower than 4.50. Four of his five game WHIP results have been 1.50 or higher and he’s allowed 71 total bases including walks in only 27.2 innings. The St. Louis offense which currently ranks among the best in MLB has certainly come to the aid of Wainwright more often than not this season scoring eight or more runs in three of his five starts. Their MLB leading .845 OPS against RH pitching gives them a strong likelihood of Read more



Tags: MLB Philadelphia Phillies St. Louis Cardinals Rob Veno



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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, Ian Cameron, Drew Martin, and Alex B. Smith. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at Sportsmemo.com.  Missed the Sportsmemo Podcast?  Past shows are available on Sportsmemo.com's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, 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.   May 28, 2016 02:52 AM.