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NCAA Tournament Gambling: Bettor stands to win $1 million on Sparty

03.31.2015     07:53 AM     Printer Friendly
SportsMemo.com blog entry.
This is pretty impressive. Not that someone made the bet but that a Las Vegas sportsbook actually took the action.


"In my nine years at this sportsbook, I never accepted a bet that could result in us paying $1 million," Miller said. "The most I've ever seen won here was a $100,000 parlay."






Tags: College Basketball Michigan State Spartans Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Bettors gear up for Final Four

03.30.2015     08:17 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The dust has settled from the madness that is March, with only four teams still standing in the NCAA Tournament.  And frankly, since the insanity of that opening Thursday morning when top seeds were falling like flies (Baylor, Iowa State, SMU), this tournament has not seen a bevy of upsets. 

In fact, the Vegas favorite advanced in 48 of the last 54 Big Dance games (48-6 SU, not ATS) since midday on the opening day of the tourney.  For only the second time this century, three #1 seeds reached the Final Four.  In this week’s Wiseguy Report I’m going to try to answer the question that everybody is asking: can anybody beat Kentucky; winners of 38 consecutive ballgames since the start of the season.

Since Kentucky is the most hyped team in recent memory, I’ll start with the Wildcats first.  Yes, this team won the title in 2012, going 4-2 ATS in the process during the Big Dance.  Yes, they reached the championship game last year; an undervalued commodity in March as they covered all four pointspreads on the way to the Final Four.  

But this year’s Kentucky team has simply gotten too much Read more



Tags: College Basketball Kentucky Wildcats Wisconsin Badgers Duke Blue Devils Michigan State Spartans Teddy Covers Las Vegas




Sportsmemo's MLB Betting Preview: Tampa Bay Rays

03.27.2015     06:50 AM     Printer Friendly
copy_mlb_preview_2015].jpg

The Tampa Bay Rays have started plenty of seasons with the 'on-paper' look of a .500 ballclub only to exceed expectations. But they'll need to overachieve in a number of areas if they want to avoid finishing at the bottom of the AL East.

Tampa Bay Rays
2014 W-L:
77-85
2014 O/U: 74-79-9
2014 Profits: -26.5
2015 O/U Wins: 79.5
2015 AL East Odds: +600
Projected Starting Rotation: Alex Cobb, Matt Moore, Chris Archer, Jake Ordorizzi, Drew Smyly
Key Departures: Ben Zobrist, Will Myers, Matt Joyce
Key Additions: John Jaso, Keven Jepsen, Steven Souza

Handicapper's Take: "Looks to be somewhat of a transition year for Tampa Bay following the departure of a number of key players and manager Joe Maddon. And while the organization has a strong pedigree of being able to replace talent with talent, the Rays' farm system (24th according to Baseball Prospectus) isn't nearly as strong as it was 4-5 year ago. Offensively, they grade out as the Read more



Tags: MLB Tampa Bay Rays Sammy P




The one where Jarred Cosart is accused of being a sports bettor

03.25.2015     08:44 AM     Printer Friendly
SportsMemo.com blog entry.
Well this is interesting -- and probably a hoax. The Twitter account of Miami Marlins pitcher Jarred Cosart went sorta crazy yesterday with talk of sports betting. That in turn led to every one of Cosart’s poor starts being labeled as an “obvious” fix.




Tags: MLB Miami Marlins




Gamblers may have to give back winnings from casino gaffe

03.23.2015     08:00 AM     Printer Friendly
SportsMemo.com blog entry.
Here's a blast from the past. Back in 2012 a bunch of gamblers took advantage of a card shuffling blunder at Atlantic City's Golden Nugget Casino. The group of 14 gamblers won $1.5 million but are NOW being asked to return their winnings.


"By ordering the patrons to return the monies that were paid out by (the Golden Nugget) nearly three years after the game ended sends incredible conditional messages to the public: A win isn't necessarily a win, and that casinos will go after winning players who are without fault" if the casino or one of its agents were to blame, the gamblers said in a court filing asking the judge to reverse her February ruling in favor of the casino.











Teddy Covers' Las Vegas Wiseguy Report: Sweet Sixteen Betting Preview

03.23.2015     07:48 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The insanity that is March Madness just provided bettors and fans alike with one of the more memorable opening weekends of NCAA Tournament action.  Now that the dust has settled, it’s time to take a look at the 16 teams still standing in the Big Dance from a pointspread perspective.  Which squads offer some semblance of betting value moving forward and which do not?  Read on to find out.

Two conferences stood out above the rest this past weekend.  The ACC sent a whopping five teams to the Sweet 16 out of six Big Dance entrants while going 11-1 SU.  But bettors didn’t make a dime supporting those ACC teams, who combined to go 5-7 ATS.  Duke was the lone ACC squad to notch a pair of pointspread covers.  Notre Dame was one of two teams (Kentucky being the other) to go 2-0 SU but 0-2 ATS.

The PAC-12, on the other hand, produced both SU and ATS success for bettors this past weekend.  The four PAC-12 entrants combined to go 7-1 SU, sending three teams to the Sweet 16.  Even more impressively, the conference combined to go 7-1 ATS; the lone non-cover coming in Arizona’s 21 point opening round win as 23 point Read more



Tags: College Basketball Teddy Covers




Teddy Covers' Las Vegas Wiseguy Report: Top Ten NCAA Tournament Betting Tips

03.16.2015     10:37 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Times have changed.  Betting strategies for March Madness are not a static entity.  Betting markets, like all other markets, evolve over time.  Concepts that worked ten years ago don’t necessarily work as well in 2015. 

I first wrote a Top 10 Tournament Betting Tips piece for Playboy Magazine back in 2002.  I’ve updated it a couple of times over the years, but it definitely needed a thorough rewriting for the modern era.  Even with the edits, there are no surprises here – veteran bettors know this stuff already, but it never hurts to think about these concepts again as the Big Dance begins. 

1.) Look to fade teams that looked great last weekend.
First of all, this is a value based enterprise.  The single best betting strategy for any sport is similar to the best stock picking strategy or the best real estate investment strategy – buy low, sell high.  And it’s hard to buy low with teams that looked great in their conference tournaments.

There’s no such thing as carrying over momentum from conference tournament weekend to the Big Read more



Tags: College Basketball Teddy Covers




College Basketball Betting Podcast 3-13-2015 with Sportsmemo Handicappers Rob Veno and Ian Cameron

03.13.2015     10:20 AM     Printer Friendly
SportsMemo.com blog entry.
Friday's Sportsmemo Podcast featured Sportsmemo Handicappers Rob Veno and Ian Cameron. Both cappers and host Andrew Lange broke down today's college basketball conference tournaments.

Today's segments
Full Show

Rob Veno - ACC, Big XII, PAC-12

Ian Cameron - Big Ten, Big East, SEC

To listen to past shows, be sure to visit our Sportsmemo Podcast Homepage.

ITunes users can subscribe to the show by searching "Sportsmemo" in the podcast directory.




Tags: College Basketball Rob Veno Ian Cameron Andrew Lange




NBA Handicapper Free Play: Milwaukee Bucks at Indiana Pacers

03.12.2015     12:40 PM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Milwaukee at Indiana -7 O/U 187.5
Recommendation: Indiana


My power ratings have the Pacers clearly ranked as the third best team in the East right now, even before Paul George returns to the floor over the next few weeks.  No, Indiana isn’t better than the Cavs or Hawks but with the Raptors and Wizards both slumping while the Bulls battle serious injury woes, Indiana has quietly been putting together a HUGE run, both SU and ATS.

The Pacers are 12-2 SU, 11-3 ATS in their last 14 ballgames; a stretch that includes SU and ATS wins over the likes of the Cleveland (twice), Golden State, New Orleans, Chicago and Charlotte, among others.  Both losses during that span have come against elites – OKC and San Antonio – and that Spurs loss came on a last second buzzer beater in a game that the Pacers led by double digits in the fourth quarter.  Plain and simple – the Pacers are a bet-on squad right now.  Point guard George Hill: “We’re just playing basketball the right way now.”

The positive quotes just keep coming out of this locker room.   Coach Vogel: “I would say Read more



Tags: NBA Milwaukee Bucks Indiana Pacers Teddy Covers




College Basketball Betting Podcast 3-12-2015 with Sportsmemo Handicappers Brent Crow and Teddy Covers

03.12.2015     10:25 AM     Printer Friendly
SportsMemo.com blog entry.
Thursday's Sportsmemo Podcast featured Sportsmemo Handicappers Brent Crow and Teddy Covers. Both cappers and host Andrew Lange broke down today's college basketball conference tournaments.

Today's segments
Full Show

Brent Crow - ACC, Big XII, PAC-12

Teddy Covers - Big Ten, Big East, SEC

To listen to past shows, be sure to visit our Sportsmemo Podcast Homepage.

ITunes users can subscribe to the show by searching "Sportsmemo" in the podcast directory.




Tags: College Basketball Brent Crow Teddy Covers Andrew Lange



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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.   Apr 01, 2015 09:25 PM.