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Who's coming up with the scratch to see Mayweather-Pacquiao?

04.23.2015     08:01 AM     Printer Friendly blog entry.
Las Vegas residents have two options for sporting entertainment on Saturday, May 2. You can take in a Las Vegas 51s game for around $12 or take a small step up in class and pay as much as $7,500 to see Manny Pacquiao and Floyd Mayweather duke it out at the MGM Grand. Your call.

Tickets for the MGM Grand Garden Arena are priced at $7,500, $5,000, $3,500, $2,500 and $1,500, not including applicable service charges, and will go on sale at 3 p.m. ET Thursday via Ticketmaster. They are limited to four per household. There are $10,000 tickets, but they are not among the roughly 500 tickets being made available to the public out of the roughly 16,000 tickets.

Tags: Las Vegas Floyd Mayweather Manny Pacquiao

The NHL in Las Vegas doesn't appear to be a good fit

04.22.2015     08:22 AM     Printer Friendly blog entry.'s Nate Silver gives his take on why an NHL expansion team in Las Vegas is an awful idea.

Our 2013 analysis estimated that there are just 91,000 NHL fans in metro Las Vegas. That’s tiny even by comparison to the six smallest NHL markets that I mentioned before, which have between 146,000 (Nashville) and 279,000 (Tampa) hockey fans. And it’s well below Seattle’s 241,000 or Quebec City’s 530,000 fans.


Tags: NHL Las Vegas

NFL Gambling News: Las Vegas' Westgate posts Week 1 pointspreads

04.22.2015     08:11 AM     Printer Friendly blog entry.
It wouldn't be mid-April without NFL Week 1 lines. Courtesy of Las Vegas' Westgate Sportsbook. Enjoy.

Thursday, September 10
Pittsburgh at New England -6 O/U 53

Sunday, September 13
Green Bay -4 at Chicago O/U 50
Kansas City at Houston -1.5 O/U 43
Cleveland at NY Jets -1 O/U 41
Indianapolis -3 at Buffalo O/U 48
Miami -2.5 at Washington O/U 44.5
Carolina -4 at Jacksonville O/U 43.5
Seattle -3.5 at St. Louis O/U 44
New Orleans at Arizona -2.5 O/U 48
Detroit at San Diego -2 O/U 46.5
Tennessee at Tampa Bay -3 O/U 42.5
Cincinnati -3 at Oakland O/U 44.5
Baltimore at Denver -4 O/U 53
NY Giants at Dallas -5.5 O/U 50

Monday, September 14
Philadelphia -1.5 at Atlanta O/U 53.5
Minnesota at San Francisco -3.5 O/U 42

Tags: NFL Las Vegas

Teddy Covers' Las Vegas Wiseguy Report: Spurs could be in trouble following Game 1 loss

04.20.2015     07:55 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers blog entry.
The San Antonio Spurs opened their defense of their NBA Championship run from last year with a blowout loss on the road at the Staples Center in LA against the Clippers.  That Game 1 and the series against the Clips featured some EXTREMELY unusual betting action here in Las Vegas and offshore – money coming on one team (the Clippers) for Game 1 while coming on the other team (San Antonio) for the series.  I can’t recall any previous series in my 17 basketball seasons here in Las Vegas where the Game 1 favorite was not the favorite to win the series.  The betting action was a clear indicator of the respect bettors have for San Antonio heading into the 2015 postseason.

But following that Game 1 debacle, the Spurs aren’t favored to win the series anymore, with the adjusted series prices popping up following Game 1 showing LA as short chalk moving forward. The question bettors and pundits need to be asking is a simple one.  Was the Spurs Game 1 loss simply a bump in the road for this perennial championship contender or was it an "end of an era" indicator, telling us that the Spurs are "fade" material moving Read more

Tags: NBA San Antonio Spurs Los Angeles Clippers Teddy Covers

Teddy Covers' Las Vegas Wiseguy Report: National League Preview

04.13.2015     07:23 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers blog entry.
Last week in this space, I wrote a team-by-team overview of the 15 American League squads.  This week, I’ll shift my focus to the National League, breaking down each team from a Las Vegas perspective.  Teams are listed in alphabetical order, by division.

A week ago, the Atlanta Braves were viewed as likely bottom feeders following a massive offseason rebuild that resulted in only six players from opening day last year returning on opening day in 2015; lined in the same range as teams like Arizona, Colorado and Minnesota.  One week later and the market view of Atlanta has changed at least somewhat thanks to a 5-1 record with the best run differential in the NL.  Julio Teheran, Shelby Miller and Alex Wood all hav top-of-the-rotation stuff, but it’s hard to picture this anemic lineup continuing to deliver steady run support.

The Miami Marlins hung around in the wild card race into the dog days of August last year before Giancarlo Stanton’s Read more

Tags: MLB Teddy Covers

PGA Gambling Update: Vegas bettors can't get enough Tiger

04.08.2015     07:09 AM     Printer Friendly

Yesterday we talked about Tiger Woods' status in the betting markets -- basically being priced like a mediocre-at-best golfer. That of course has provided bettors with even more of an excuse to plunk down some money.

"People are hoping that the Tiger they used to know can come back and make them some money," Westgate oddsmaker and golf specialist Jeff Sherman said.

"He's our biggest liability, by far; double the next guy," Sherman said of Woods. "It's in the six figures."

PGA Handicapping: Betting markets give Tiger little shot at Masters

04.07.2015     01:44 PM     Read more

Tags: PGA

NCAA Tournament Gambling: Public bettors like Wisconsin over Duke

04.06.2015     01:57 PM     Printer Friendly blog entry.
Looks like the betting markets have settled in for tonight's NCAA Tournament Championship between top seeds Wisconsin and Duke. The game opened a pick 'em with the Badgers now -1 at virtually every offshore and Las Vegas sportsbook. A ew Vegas books (Golden Nugget, Coasts) have Wisky -1.5. Same deal with the total with most shops offering 140 with a few at 140.5. According to Sports Options, 59% of the "public" money is on Wisconsin while 64% prefers the over.  Las Vegas' MGM said they have written twice as many tickets on the Badgers than Duke.

Tags: College Basketball Wisconsin Badgers Duke Blue Devils

Teddy Covers' Las Vegas Wiseguy Report: American League Preview

04.06.2015     08:01 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers blog entry.
The college basketball season is in the rear view mirror now.  The NBA Playoffs don’t start until next weekend.   That can only mean one thing – baseball is here!  In this week’s Wiseguy Report, I’ll be breaking down the American League, team by team in overview fashion.  I’ll do the same thing next week for the National League.  The goal?  Identify potential market inefficiencies right from the get-go; looking for overvalued and undervalued commodities.  Teams are listed in alphabetical order, by division.

The Baltimore Orioles were, by far, the single most profitable team to support in MLB last year, yet the betting markets aren’t particularly enamored with Buck Showalter’s squad heading into 2015.  The Orioles had the 2nd biggest gap between their FIP (fielding independent pitching) and their ERA last year, a strong indicator for future regression.   And the best home run hitting team in baseball lost big bats Nelson Cruz and Nick Markakis in the offseason.  That being said, the Orioles have been consistently undervalued in recent seasons and they Read more

Tags: MLB Teddy Covers

Money on Pacquiao has Mayweather now less than a -200 favorite

04.03.2015     08:11 AM     Printer Friendly blog entry.
The betting handle for next month's Mayweather vs. Pacquiao continues to climb according to various Las Vegas oddsmakers. The price on Mayweather though continues to drop with less than -200 widely in Vegas and offshore.

"Public on the dog," said Art Manteris, sportsbook director of Station Casinos and a boxing expert. "Some of the best sports handicappers and guys I respect the most are on the favorite. I'm just not sure I agree with them this time."

Tags: Boxing Floyd Mayweather Manny Pacquiao Las Vegas

Reid set to retire but still fighting for online gambling ban

04.03.2015     08:04 AM     Printer Friendly blog entry.
First, the good news. Nevada Sen. Harry Reid recently announced that he will retire at the end of his current term. Now the bad news. Said term runs to January 2017 and in the meantime, Reid appears hellbent on making sure online gambling doesn’t “poison” America.

“Well, we will see what the legislation does — we will see what the House does,” Reid said when asked if he supported Adelson’s push for a complete ban. “But I think, for the state of Nevada, online gaming is not the direction we should go.”

Tags: Las Vegas


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