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Westgate Superbook nears completion

11.09.2015     07:13 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas' Westgate Superbook is still working on various renovations and upgrades including 220 feet worth of big screen TVs.


“It’s the biggest screen of this type you’ll see inside, anywhere,” Kornegay says, looking across the Superbook at a digital image of a rushing attempt by Carolina Panthers quarterback Cam Newton. “This is part of the plan to not only have the biggest sports book in Las Vegas but the best.”

“This was the owner’s idea, right from the start,” Kornegay said. “During his first walk-through, he realized the book hadn’t been touched in a really long time.”






Tags: Las Vegas




Son of foreign dignitary welches on Las Vegas casino debt

11.03.2015     08:10 AM     Printer Friendly
SportsMemo.com blog entry.
Amazing that those who actually have money are often times the ones not willing to settle up on gambling debts. Take the son of France's foreign minister, Thomas Fabius. This dude rang up well over a million in debt as various Las Vegas casinos and wrote a bunch of bad checks to try to cover his losses. According to Clark County, if he shows his face on U.S. soil, he'll be arrested.




Tags: Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Analyzing bye-less College Football teams

11.02.2015     10:16 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Seventeen college football teams enter November without having had a single bye week since the start of the season and without a bye this coming week.  Those teams are Arizona, Ball State, Boston College, Colorado, UConn, Eastern Michigan, Florida International, Hawaii, Louisiana Tech, Miami-Ohio, Ole Miss, Nebraska, Penn State, Texas Tech, Western Kentucky, Wisconsin and Wyoming.  Two more teams, North Texas and UMass, haven’t had byes since Week 1; teams that started their seasons a week late, but haven’t had a break since.  Is there anything unique or different about these non-bye squads?  Read on to find out.

Five of the 17 teams listed above don’t have any bye weeks at all.  Florida International, Miami-Ohio, Hawaii (with their 13 game schedule!), Arizona and Colorado will finish the season without a break.  Note that none of those five are going to play in a conference championship game, and only two (Arizona and FIU) have any realistic shot to make a bowl game.  Bye-less teams don’t tend to be very successful.  Most importantly for our purposes, they also don’t tend to cover many pointspreads Read more



Tags: College Football Teddy Covers Las Vegas




NFL Gambling: Las Vegas SuperContest Week 8 consensus picks

10.31.2015     08:15 PM     Printer Friendly
SportsMemo.com blog entry.
Below are the top consensus plays for Week 8 of the NFL SuperContest. A unique situation with two of the top five picks coming from the same game with Green Bay the third-most selected team and Denver the fifth-most.

1. ARIZONA -5 at Cleveland
2. NY JETS -2.5 at Oakland
3. GREEN BAY -3 at Denver
4. CHICAGO +1.5 vs. Minnesota
5. DENVER +3 vs. Green Bay

Least picked Sunday side: Tennessee -3 at Houston




Tags: NFL Green Bay Packers Denver Broncos




Teddy Covers' Las Vegas Wiseguy Report: Breaking down the NFL's five unbeatens

10.26.2015     07:59 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
We’re nearing the halfway point of the NFL season and five teams still remain undefeated; an unusually high number of perfect teams at this stage of the campaign.  There’s not much debate with the betting community about how to rank the five remaining unbeatens.  The New England Patriots are power rated at least a field goal higher than any other team in the league right now.  Behind the Pats come the Green Bay Packers, followed closely by the Cincinnati Bengals.  The Denver Broncos rank #4 on this list; with Peyton Manning’s ongoing struggles carrying more weight than the Broncos elite level defensive stats in the current betting markets.  Last on the list is the Carolina Panthers, still searching for market respect even after their win and cover against the Eagles on Sunday Night Football.

My goal of this week’s Wiseguy Report is to break down these five teams in terms of my probability of them producing a profit over the final ten weeks of the regular season.  Is it possible to make money with ANY of these teams moving forward, or have the betting markets eclipsed any semblance of future value?  Read on to find Read more



Tags: NFL Teddy Covers




NFL Gambling: Las Vegas SuperContest Week 7 consensus picks

10.24.2015     08:52 PM     Printer Friendly
SportsMemo.com blog entry.
Below are the top consensus plays for Week 7 of the NFL SuperContest.

1. NY JETS +9 at New England
2. ATLANTA -4.5 at Tennessee
3. ST. LOUIS -5.5 vs. Cleveland
4. CAROLINA -3 vs. Philadelphia
5. DETROIT +2.5 vs. Minnesota

Least picked Sunday side: New England -9 vs. NY Jets

 




Tags: NFL New England Patriots




Teddy Covers' Las Vegas Wiseguy Report: A look back and NFL Week 6

10.19.2015     08:29 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Week 6 of the NFL is in the rear view mirror as the 2015 regular season approaches the halfway point.  In this week’s Wiseguy Report, I’ll look to answer three questions that stood out to me following Sunday’s action.

How good are the Jets? 
In the midst of a season where there don’t appear to be a whole host of elite Super Bowl contenders, the Jets 4-1 start has bettors and pundits taking notice.  The Patriots, Bengals and Packers are the clear Top 3 teams in any reasonable set of NFL power ratings.  There’s a legitimate argument to be made that the Jets could be #4 on that list, ahead of or equal to other hot start teams like the Cardinals, Falcons or Panthers.

The Jets won only four games last year; their fourth consecutive non-winning season.  With Todd Bowles as the new head coach, New York was lined as a 7.5 win team here in 2015 in the offseason betting markets.  The training camp injury to Geno Smith left Ryan Fitzpatrick as the starting quarterback; a switch that the betting markets didn’t react to very much.  But Fitzpatrick has been a difference maker for New Read more



Tags: NFL New York Jets Miami Dolphins Seattle Seahawks Teddy Covers




College Football Betting Preview: Michigan State Spartans at Michigan Wolverines

10.15.2015     11:29 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Michigan State at Michigan
Saturday, 12:30 pm PT - ESPN
CRIS Opener:
Michigan -6.5 O/U 41
CRIS Current: Michigan -7.5 O/U 42
Recommendation: Michigan State

This is a fascinating game; a contest where the contrasts between Las Vegas and the mainstream college football world are on full display for everyone to see.  The pointspread itself has been a major issue in social media discussion this week, with the Wolverines getting bet up as high as -8.5 before some buyback on the Spartans, driving the line back down to the current -7.5 number as I write this on Thursday morning.  Of course, Michigan State is ranked at #4 in the Coaches Poll, while Michigan is #14, giving ill-informed TV commentators the right to call it an upset if Michigan wins the game – even if the Wolverines don’t cover the spread.

Last week at this time, the lookahead line at the Westgate Superbook here in Vegas for Michigan State – Michigan was sitting at pick ‘em.  Then Michigan did what they’ve been doing all year – blowing out foes in bad spots.  And Michigan State did Read more



Tags: College Football Michigan State Spartans Michigan Wolverines Big Ten Teddy Covers




Teddy Covers' Las Vegas Wiseguy Report: Spartans and Buckeyes still highly ranked, still not covering pointspreads

10.12.2015     08:32 AM     Printer Friendly
SportsMemo.com blog entry.
Talking about the college football national championship race in mid-October is a pointless endeavor.  The mainstream media hypes the unbeaten teams and the elite level programs among the Power 5 conferences – that’s what boosts ratings, what the general public seems to be interested in. 

But we all know that the teams that look elite in mid-October aren’t necessarily the teams that look elite when the pressure ratchets up in November and beyond.  Look no further than last year at this time, when teams like Auburn, Ole Miss, Notre Dame and Oklahoma all were ranked as Top 10 teams; championship contenders.  Those four teams finished the season with 19 losses between them, each team suffering at least four SU losses AFTER Week 7 of the season. 

So here we are in 2015.  Ohio State has been ranked #1 since the preseason, and since the Buckeyes haven’t lost in SU fashion, they remain #1.  Michigan State opened as the #5 team in the country (AP Top 25; they were #6 in the coaches poll).  Currently, the Spartans rank #4 in the coaches poll and #7 in the AP poll, another team that the pundits have been Read more



Tags: College Football Ohio State Buckeyes Michigan State Spartans Teddy Covers Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: The NFL's square/sharp divide

10.05.2015     07:50 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
On Twitter every Sunday, there’s always significant discussion of what the NFL sharp/square divide games are for that day.  There’s an old quote from legendary Vegas oddsmaker Jimmy Vaccaro that goes like this: “Squares bet teams, sharps bet numbers.”  And there’s plenty of truth to that quote.  For example, at the weekly Tuesday Group football discussion for pro bettors here in Vegas, nobody says “I like team X this weekend.”  They say, “I like Team X at +3 or higher.”  Recreational players, on the other hand, have a general tendency to focus on teams, not pointspreads. 

That gives pros a leg up when it comes to catching half point wins instead of half point losses in games that finish with a final margin right around the pointspread or total.  Last Thursday’s Ravens-Steelers game is a classic example of that.  Line shoppers, by definition, at least somewhat sharp, won laying -2.5 with Baltimore and pushed taking +3 with Pittsburgh, able to avoid a losing ticket regardless of which side they bet.  The vast majority of non-line shoppers took a push with either Read more



Tags: NFL Teddy Covers



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