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NFL Gambling: Using Strength of Schedule to Handicap Season Over/Under Wins Part I

07.14.2014     01:59 PM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
When looking at the entirety of the NFL futures market, Super Bowl odds and odds to win divisions or conferences only give bettors one choice – betting ON a particular team.  Then that team has to beat out all of their competition to win the division/conference/Super Bowl for you to cash, offering the potential for big payday longshot returns, but cashing a low percentage of the wagers that are made.

NFL Season Win totals, on the other hand, offer bettors the opportunity to bet AGAINST teams in relatively low juice situations.  And with win totals, even when betting Overs, the team you are betting on doesn’t have to win anything big. 

For example, the Kansa City Chiefs didn’t win their division last year; unable to get past mighty Denver.  They didn’t win the AFC or the Super Bowl.  But they cashed every Over ticket that was bet on their season wins by the time their bye week rolled around.  KC’s 11-5 campaign offered a positive return-on-investment for a squad lined at 7 or 7.5 wins prior to the season.

In my opinion, NFL win totals rank among the most profitable set of wagers currently Read more


Tags: NFL Teddy Covers




MLB Handicapper Free Play: St. Louis Cardinals at Milwaukee Brewers

07.13.2014     08:03 AM     Printer Friendly
SportsMemo.com blog entry.
St. Louis (Martinez) at Milwaukee (Peralta) -115 O/U 8.5
Recommendation: Under


Two “premium stuff” arms take the hill this afternoon in Milwaukee.  St. Louis’ Carlos Martinez averages 98 mph with is fastball, while also offering a sinker, change-up and slurve.  He’s not a household name – yet – but owns some of the nastiest stuff around for a starting pitcher in the National League.  His repertoire is especially lethal on the right-handed bat, which is a perfect fit against the Brewers.  In his early career, Martinez owns a huge split with right-handers slugging just .276 against him, while left-handers see him much better at .469.  Meanwhile, Wily Peralta will take the bump for the Brew Crew.  Peralta deals off a sinker that averages 97 mph with a slider and still-developing change-up.  When Peralta’s right the sinker is all he needs, while garnering groundball after groundball.  Importantly, Peralta Read more


Tags: MLB St. Louis Cardinals Milwaukee Brewers Erin Rynning




World Cup Gambling: Anti-betting ad a game away from backfiring

07.10.2014     08:21 AM     Printer Friendly
SportsMemo.com blog entry.
The intentions were right – problem gambling is nothing to joke about – but you have to chuckle over a Singaporean anti-gambling ad that featured a kid who was bummed out by his dad's big bet on Germany to win the World Cup. Cheer up, little guy, your pops is live! Germany is currently a short favorite to beat Argentina for Sunday's title game.



Tags: Soccer




Gambling Update: Ivey claims questionable Atlantic City score was skill

07.03.2014     06:58 AM     Printer Friendly
UPDATE

Back in April we posted the details on Phil Ivey's shady/savvy – depending on who you ask – $9.6 million baccarat score from Atlantic City’s Borgata casino. The casino said Ivey took advantage of faulty playing cards. Ivey’s lawyers, who are trying to have the case dismissed, argue that what he did wasn’t technically cheating, the six-month statute of limitations on an illegal game has passed, and the state’s casino regulators should be pursuing the case not an individual casino.





Atlantic City casino sues poker pro Phil Ivey

04.14.2014     06:55 AM     Read more







World Cup Gambling: Bettors prep for Round of 16

06.27.2014     10:01 AM     Printer Friendly
SportsMemo.com blog entry.
The World Cup's Round of 16 is set with action getting underway on Saturday. The USA plays Tuesday vs. Belgium. On the three-way betting option, the US is a +325 underdog while Belgium is -108 and the draw +245. You can also bet the US +1/2 -112. Below are the lines for all eight matchups courtesy of CRIS.

Saturday, June 28
Favorite: Brazil -172
Underdog: Chile +455
Draw: +325
Total: 2.5ov-135

Favorite: Columbia -105
Underdog: Uruguay +325
Draw: +235
Total: 2.5un-160

Sunday, June 29
Favorite: Netherlands +112
Underdog: Mexico +265
Draw: +230
Total: 2.5un-140

Favorite: Costa Rica +145
Underdog: Greece +225
Draw: +195
Total: 2un-135

Monday, June 30
Favorite: France -195
Underdog: Nigeria +615
Draw: +315
Total: 2.5uu-115

Favorite: Germany -345
Underdog: Algeria +950
Draw: +485
Total: 3un-115

Tuesday, July 1
Favorite: Argentina -200
Underdog: Switzerland +585
Draw: +325
Total: 2.5ov-120

Favorite: Belgium -108
Underdog: Read more


Tags: Soccer




MLB Handicapping: Baltimore Orioles go with six-man rotation

06.20.2014     08:25 AM     Printer Friendly
SportsMemo.com blog entry.
Baltimore (Jimenez) at NY Yankees (Kuroda) -140 O/U 8.5

Not easy to find positives when dealing with Baltimore’s Ubaldo Jimenez. However, with the Orioles now going with a six-man rotation, Jimenez has performed well when pitching off of extra rest.


“I hope [it helps],” Orioles manager Buck Showalter said. “Some people say, ‘Well then is it too far away from pitching?’ In his case, he’s responded well to it, so we hope it happens again. Any time they get a little extra time with Dave, I’m for it. He’s one of the best. It’s a hard delivery to coach through, but his track record’s been pretty true through the second half of the season. We’re going to try to trust that.”

Read more


Tags: MLB Baltimore Orioles New York Yankees




PokerStars close to joining New Jersey's online poker scene

06.19.2014     07:48 AM     Printer Friendly
SportsMemo.com blog entry.
PokerStars was just purchased and the new owners are and positioning themselves for partnerships with New Jersey casinos. This could provide a shot in the arm to the state's underwhelming results since legalizing online poker.


"I think in the long run it will be a good story for New Jersey," he said. "I'm optimistic that they know what the rules are, and I fully expect them to be very aggressive because they want to be here."





Tags: Poker




Las Vegas Strip welcomes new casino and sportsbook

06.18.2014     07:44 AM     Printer Friendly
SportsMemo.com blog entry.
The Strip is getting a new casino as the SLS Las Vegas is scheduled to open its doors on Saturday, August 23. It's located on the corner of Las Vegas Boulevard South and Sahara Avenue. William Hill will operate the SLS's sportsbook.


“It’s such an honor to be part of a dedicated team working around the clock to help bring our vision to life,” said Rob Oseland, president and COO of SLS Las Vegas. “Today we’re turning on our lights and the countdown officially begins as we prepare to welcome guests at SLS Las Vegas one week ahead of schedule.”






Tags: Las Vegas




World Cup Gambling: First round matchups feature plethora of goals

06.17.2014     08:35 AM     Printer Friendly
SportsMemo.com blog entry.
Favorites and the OVER have been the theme of the World Cup thus far. That's not to say there haven't been upsets with the Netherlands crushing defending champ Spain, Costa Rica knocking off Uruguay, and the USA of course taking down Ghana as small underdogs. Scoring has been way up (3.14 gpg) with only two games featuring less than three goals.


“The World Cup is more popular than ever with bettors,” said Jimmy Vaccaro, a legend in our business. “The perfect example was a parlay that was written Sunday, where the guy said ‘Jimmy, give me a $200 three-team parlay. I’ll take the Spurs, and Jimmy, let’s go with the Braves, and give me Bosnia too.’

“It was just a unique sign of how things have transformed over the years with betting on the World Cup being bigger than ever.”






Tags: Soccer




World Cup Gambling: Portugal taking money for Sunday match vs. USA

06.17.2014     08:00 AM     Printer Friendly
SportsMemo.com blog entry.
Checking in on the World Cup betting markets following the USA's victory over Ghana yesterday. Up next is a Sunday matchup against Portugal. Pinnacle's original line for the game (June 8) had Portugal -129, USA +426, the draw +275, and the total 2.25ov-112. But following the US's win and Portugal's ugly 4-0 loss to Germany, the Portuguese have taken a fair amount of money.

Current three-way line as of 6/17
Portugal -172
USA +604
Draw +308
Total 2.5ov-109



Tags: Soccer



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