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Teddy Covers' Las Vegas Wiseguy Report: Early season college football money makers

09.21.2015     09:15 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
We’re already a quarter of the way through the college football season, with the first three weekends in the rear view mirror.  In this week’s Wiseguy Report, I’m going to focus on the early season pointspread outliers.  Of the 128 FBS teams that we see lines on every week, 13 have gone 3-0 ATS to open the season. Ten have gone 0-3 ATS.  Because of space limitations, I’m going to focus on the 3-0 teams this week, while taking a closer look at the struggling ATS squads in next week’s article. 

What should we expect from these hot ATS teams moving forward?  And how can we look for those outlier teams from the get-go next year?  Read on to find out.

Ole Miss, NC State, Northwestern, Ohio, Air Force, BYU, Buffalo, Middle Tennessee State, Rice, Southern Miss, Washington, Central Michigan and SMU.  The only obvious commonality between those 13 squads is their 3-0 ATS mark.  I could easily add the likes of Texas Tech and Colorado State to this list, both 2-0-1 ATS.  And 2-0 ATS Navy hasn’t played three games yet; worthy of inclusion into this discussion. 

Even if we Read more



Tags: College Football Teddy Covers Las Vegas




NFL Betting Alert: Jets taking money for tonight's MNF game vs. Colts

09.21.2015     08:49 AM     Printer Friendly
SportsMemo.com blog entry.
Early morning action in the NFL betting markets as a wave of money came pouring in on the New York Jets. The Colts were -7 even money but are now as low as -6.5 -105 offshore. Still a few -7's in Las Vegas. Indy opened -6 last week. The total has clicked down from 46.5/47 to 46. According to Sports Options, 72% of the public is on Indianapolis and 59% on the over.




Tags: NFL New York Jets Indianapolis Colts




Las Vegas welcomes new addition to Black Book

09.18.2015     07:22 AM     Printer Friendly
SportsMemo.com blog entry.
A gambler who reportedly turned $50 into $40 million (and lost it all) was added to Las Vegas' infamous Black Book.




Tags: Las Vegas




College Football Betting Preview: Calofornia Golden Bears at Texas Longhorns

09.18.2015     07:16 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
California at Texas
Saturday, 4:30 pm PT - FOX
CRIS Opener:
California -3 O/U 60
CRIS Current: California -7 O/U 58
Recommendation: Texas

We’re getting a real pointspread bargain here thanks to the nuances of the betting marketplace here in September.   The bettable line for this game from the Westgate Superbook here in Las Vegas, exactly one month ago, was Texas -9.5.  Let me repeat that: Texas -9.5.  Personnel wise, virtually nothing has changed in the last month.  But the perception of these two teams has changed in the markets, and that offers us legitimate value.

Cal was a hot team in the betting markets in Week 1, taking money against FCS Grambling.  They closed as 45-point favorites and covered the spread by two touchdowns.  Last week, the money poured in on the Bears immediately after the line was posted.  Cal opened as low as -7 against San Diego State, but they closed -13 and again, covered the spread by two touchdowns.

What have we seen this week?  The exact same betting pattern!  Cal opened as -3 favorites Read more



Tags: College Football California Golden Bears PAC-12 Texas Longhorns Big XII Teddy Covers




Teddy Covers' Las Vegas Wiseguy Report: How the NFL betting markets have changed

09.14.2015     08:49 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
When I first moved to Las Vegas just prior to the 1998 football season, I was not an experienced, seasoned bettor.  There was a TON to learn, and for my first few years in town, I made sure to consume every bit of handicapping material I could find, primarily through books, newsletters and radio.  And just about all of that source material referenced some key NFL concepts for winning.

“Don’t play road favorites; they’re a low expectation wager.”  “Week 1 in the NFL is the lowest scoring week until the cold weather hits – look for Unders, especially with the highest totals.”  “Beware the public teams; you’re laying a premium price to support them.”  “There’s more value in underdogs than in favorites.”  “The key numbers of ‘3’ and ‘7’ are crucial to have working in your favor.”  I could go on and on, but you get the point.  I’m quite confident that 18 years later, many relative newbies continue to rely on very similar concepts.  The conventional wisdom in the sportsbetting world, even for a sport as popular to Read more



Tags: NFL Teddy Covers




Las Vegas sportsbooks take hit on Week 1 NFL

09.14.2015     07:52 AM     Printer Friendly
SportsMemo.com blog entry.
With NFL favorites going 9-4 ATS on Sunday, it wasn't a great day for Las Vegas sportsbooks.


"I don't remember a worse opening Sunday," said Jay Kornegay, chief of the Westgate SuperBook and a 20-year veteran bookmaker.

"At our joint, the Rams winning was good for the parlays, but we had some pretty high, smart bets on the Rams," Simbal said. "We had 1.5 [times] more tickets on Seattle, but 2.5 times more money on the Rams. That was a game that was pretty much public vs. pro. And pro wins."






Tags: NFL Las Vegas




Floyd Mayweather a huge betting favorite over Andre Berto

09.10.2015     07:53 AM     Printer Friendly
SportsMemo.com blog entry.
Is Floyd Mayweather fighting again? Shouldn't he be concentrating on posting his football bets on Twitter? Reports are out that Saturday's fight against massive underdog Andre Berto at Las Vegas' MGM Grand isn't drawing much of any interest as plenty of tickets are still available. Mayweather is currently a -2500 favorite with the over/under rounds at 11.5ov-200. This is supposedly his last-ever bout.




Tags: Floyd Mayweather




NFL Handicapping: New England currently a consensus TD favorite over Pittsburgh

09.10.2015     07:05 AM     Printer Friendly
SportsMemo.com blog entry.
The NFL regular season kicks off tonight with New England playing host to Pittsburgh. Since the summer this line has bounced around due to the unknown status of Tom Brady. With Brady cleared to play, the Patriots reopened -6.5/-7. Recent New England money now has the game -7 across the board both offshore and in Las Vegas. The total ranges from 51.5 to the 52.5. The public of course likes the home chalk (67% according to Sports Options) with even more love towards the over (83%).




Tags: NFL Pittsburgh Steelers New England Patriots




Teddy Covers' Las Vegas Wiseguy Report: NFL Power Ratings 1-32

09.07.2015     08:57 AM     Printer Friendly
SportsMemo.com blog entry.
The NFL regular season starts on Thursday.  Here’s how I have the 32 teams ranked heading into the campaign, with a quick blurb each squad.

1. New England Patriots - With Tom Brady set to open the season as the starting quarterback, the defending champs are the team to beat, worthy of my #1 ranking heading into the regular season.

2. Seattle Seahawks - Seattle enjoyed the best yards-per-rush differential between offense and defense last year, but they’ve got significant offensive line question marks as they head to St Louis for Week 1.

3. Green Bay Packers - The Packers passing game was second to none in the NFL last year, but the loss of Jordy Nelson leaves Aaron Rodgers without his top target for the entire season.

4. Indianapolis Colts - Most elite contenders face a tougher than average schedule because they’ve got to face other contending teams.  Indy, however, plays only four games against playoff teams from last year.

5. Denver Broncos - Peyton Manning is the oldest starting quarterback in the NFL by a wide margin, and he’s coming off a season where his arm strength noticeably declined down the Read more



Tags: NFL Teddy Covers




NFL Gambling Alert: Brady cleared to play; Pats -6.5/-7 vs. Steelers Week 1

09.03.2015     07:54 AM     Printer Friendly
SportsMemo.com blog entry.
So this just happened. Tom Brady's suspension was officially lifted which means he'll suit up for Week 1's game vs. Pittsburgh. It also means oddsmakers are scrambling to post an updated pointspread. CG Technology originally opened the game New England -6.5 back in April before Deflategate went public. Assuming Brady would be suspended, the Pats hovered around -2.5/-3. Now that Brady has been cleared to play CG reopened -6 and it was later bet up to -6.5. Pinnacle reopened -7 where it currently stands. Same deal for Heritage and BetOnline. Las Vegas' William Hill is -6.5.




Tags: NFL New England Patriots Pittsburgh Steelers



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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 27, 2016 04:59 PM.