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Super Bowl XLIX Gambling: New England Patriots remain hottest bet in Las Vegas

01.28.2015     06:59 AM     Printer Friendly
SportsMemo.com blog entry.
It's been well documented that the early money for Super Bowl XLXI has come in on the New England Patriots. But exactly how much you ask? According to Las Vegas' Westgate, the ratio is a startling 3.5-to-1. That said, less than 20% of projected handle is currently in play.


"It hasn't slowed people down as far as liking the Patriots -- they don't care," head oddsmaker Ed Salmons said. "That outside noise, trying to predict how it's going to affect a team, is impossible. Unless you're inside that locker room, you don't know."






Tags: NFL New England Patriots Super Bowl XLIX Las Vegas




Super Bowl XLIX Gambling: Offshore still rules the roost when it comes to prop bets

01.27.2015     01:47 PM     Printer Friendly
SportsMemo.com blog entry.
If you're looking to bet some of the crazy props associated with the Super Bowl, you'll have to do so offshore. Las Vegas is still limited in what they can allow; basically anything not associated with the box score is a no-no with the exception of the coin flip. Meanwhile, most offshore/offscreen sportsbooks offers the likes of Bill Belichick's hoodie color as well as the Nielsen TV Rating.




Tags: NFL Super Bowl XLIX Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Bettors ready for Super Bowl XLIX

01.26.2015     10:49 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
It’s Super Bowl time again.  I use this line every year because it’s true – this IS the moral equivalent of Christmas Day for many sports bettors.  Yet, much like last year, many of the professional full time bettors that I know are rather disappointed with the proposition betting opportunities for Super Bowl XLIX – there’s simply not much low hanging fruit.  The biggest and best sportsbooks (market leaders both here in Vegas and offshore) have learned from previous mistakes.  Weak numbers do NOT abound in 2015.

Let me start with the game itself.  The Super Bowl itself has been an underdog bettor’s paradise in recent years.   The Seahawks were underdogs at kickoff last year in their blowout win over the Broncos. The Ravens won the Super Bowl in 2013, as the underdog, beating the favored 49ers.  The Giants won the year before as an underdog; knocking off the Patriots.  In 2010, the Saints won straight up as a dog over Peyton Manning and the Colts.  In 2009, the Cardinals covered the spread in a tight loss to the Steelers.  In 2008, the Gia nts beat the favored 18-0 Patriots Read more



Tags: NFL Super Bowl XLIX Teddy Covers Las Vegas




Las Vegas sportsbooks gear up for Super Bowl XLXI

01.26.2015     10:43 AM     Printer Friendly
SportsMemo.com blog entry.
Our friends from The Vegas Parlay have compiled a nice list of all of the Las Vegas sportsbook Super XLIX parties. There’s everything from high-end group parties to $1 hot dogs.




Tags: NFL Super Bowl XLIX Las Vegas




WATCH: Sportsmemo Handicapper Teddy Covers in Life On The Line

01.23.2015     02:33 PM     Printer Friendly
With no football this weekend (the Pro Bowl doesn't count) and 200 college basketball games perhaps not your schtick you can sit back and watch the sports betting documentary Life On The Line for free. It features Sportsmemo Handicapper Teddy Covers as they discuss life as a sports bettor in Las Vegas.




Tags: Las Vegas Teddy Covers




Sportsmemo Handicapper Teddy Covers to speak at Mob Museum

01.21.2015     01:50 PM     Printer Friendly
SportsMemo.com blog entry.
Sportsmemo Handicapper Teddy Covers will be speaking at tonight's Courtroom Conversation at the Las Vegas Mob Museum. The topic, of course, will be sports betting! For more info, click here.


“The two greatest blunders in the history of U.S. gaming were the support of the Professional and Amateur Sports Protection Act, which helped create the offshore online gaming industry, as well as prohibiting the expansion of legal sports wagering into other states.”






Tags: Las Vegas Teddy Covers




Season ticket sales key if NHL wants to set up shop in Las Vegas

01.20.2015     01:19 PM     Printer Friendly
SportsMemo.com blog entry.
The NHL is considering an expansion team in Las Vegas but before they pull the trigger, the biggest question remains will there be enough interest? Obviously they’ll draw from the tourist crowd but local interest, particularly that of season ticket holders, will be paramount.


"I've never understood who the Vegas market is," said former Calgary Flames general manager Craig Button. "People live there (because they work there). I don't know any Las Vegans or whatever you call them. I don't know if you can have a professional sports team there if you don't know who your market is."

"If we sell 10,000 season tickets, I believe we will go a long ways to getting the franchise," Foley told USA TODAY Sports. "Ten thousand is our number."






Tags: NHL Las Vegas




Government threatens casinos that allow third party sports betting

01.20.2015     07:17 AM     Printer Friendly
SportsMemo.com blog entry.
The U.S. Treasury Department is cracking down on third party betting at sportsbooks including "runners."


“In these cases, the intermediaries rarely voluntarily disclose to the casino that a transaction is being conducted on behalf of a third party, thereby disguising the third party’s role in the transaction and obscuring the source of funds used to place the bet. This poses distinct money laundering risks for casinos,” FinCEN said in the letter.






Tags: Las Vegas




Las Vegas sportsbooks report big volume on tonight's college football title game

01.12.2015     11:21 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas sportsbooks say tonight's college football championship has received a ton of betting volume.


"It's as big as any college football game that I can remember," Bogdanovich, a 28-year Vegas veteran, said of the handle.

"It'll be easily as big as one of these games we've got going on today," MGM vice president of race and sports Jay Rood said, referring to Sunday's NFL playoff games. "We'll be into the seven figures (on Ohio State-Oregon)." 






Tags: College Football Ohio State Buckeyes Oregon Ducks Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: NFL Conference Championship matchups are set

01.12.2015     07:52 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The NFL has never embraced the Final Four moniker, but that’s exactly what we’ve got left in this NFL season.  Four teams.  Three remaining meaningful games (sorry, I’m not counting the pro bowl as meaningful, even if you choose to wager on it).  One champion, yet to be crowned.

And there’s one strong commonality among the four teams still standing after two weekends of NFL Playoff action.   Each of the four teams still standing is there because of their quarterback.  As the league has adjusted their rules year by year, making it more difficult to defend the passing game, the very best QB’s have taken advantage of those rule changes, making them nearly impossible to defend.

Bettors probably remember the Patriots gameplan when they travelled to Indy in Week 11; one of four games this year where the Pats were installed as underdogs by the betting markets.  Bill Belichick installed a radically different gameplan than most Pats fans (and their betting supporters) were used to.  New England played for extended stretches with six offensive linemen in power rushing formations, finishing the game with Read more



Tags: NFL Indianapolis Colts New England Patriots Seattle Seahawks Green Bay Packers Teddy Covers Las Vegas



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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.   Jun 30, 2016 06:56 AM.