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Sportsbook manager pinched for shady dealings

10.31.2013     07:12 AM     Printer Friendly
Former Palms sportsbook manager busted for taking bogus quinella bets. Article courtesy of the Las Vegas Review Journal.



Tags: Las Vegas




Cantor Gaming still hoping to change sports betting industry

10.29.2013     06:46 AM     Printer Friendly
SportsMemo.com blog entry.
Good article in the Wall Street Journal about the ups and downs for Cantor Gaming. Topics include Mike Colbert, money laundering, the practice of taking big bets, wiretaps, and a canceled IPO.


“Maybe Lee [Amaitis] is right and everybody else has been wrong,” said Mark Lipparelli, a former head of the Nevada Gaming Control Board. “I think you have to get to yourself to a place that says you don’t believe in market theory to think it won’t work. I happen to believe in market theory.”

“They came into town with guns ablazing, saying there’s a new way to run sports books,” said Micah Roberts, a former casino sports-book director who writes about sports betting. “They believed that eventually, in the long haul, you will grind out a profit by taking all bets.”






Tags: Las Vegas




Teddy Covers' Las Vegas Wise Guy Report: AFC News and Notes from Week 8

10.28.2013     07:29 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Welcome to Teddy’s unique look at the NFL. Teddy watches games all day on Sunday, typing furiously on his laptop while giving you the key info that the box scores and game recaps don’t necessarily have. This week: AFC thoughts and opinions from Week 8.

Cincinnati Bengals
Andy Dalton looked really good last week against the Lions, and he looked every bit as good here on a five TD afternoon. The Jets played their corners in single coverage for most of the game, and Cincinnati’s receivers won the vast majority of those one-on-one battles. Cinci’s offensive line kept Dalton’s uniform clean for extended stretches, giving him time to throw. And Dalton showed great accuracy on his deep balls, something he hasn’t shown very often as a pro. It’s surely worth noting that Dalton only targeted AJ Green on seven of his thirty pass attempts, spreading the ball among his playmakers; something that’s been a problem for him in the past.

The Bengals have the requisite offensive playmakers to make a deep January run. Their defense was stellar; effectively blitzing (and rattling) Geno Smith, creating turnovers, Read more


Tags: NFL Cincinnati Bengals Buffalo Bills Miami Dolphins Oakland Raiders Cleveland Browns Kansas City Chiefs Teddy Covers




Caesars Palace being investigated for money laundering

10.23.2013     01:55 PM     Printer Friendly
UPDATE

Caesars is the news again and this time it's a little more serious than walking away from a potential casino deal. Turns out Caesars Palace is being investigated for money laundering. Last week's Caesars' stock was hovering around $20-$22. When news broke of the alleged financial shenanigans it dropped to just above $17. So the stock market and betting markets really are one in the same. News breaks that Tom Brady's ACL is being held together by fishing line and the Pats go off as home dogs to the Dolphins!





Caesars bails on Boston casino project

10.21.2013     12:02 PM     View Read more


Tags: Las Vegas




Teddy Covers' Las Vegas Wise Guy Report: NFC News and Notes from Week 7

10.21.2013     06:34 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Welcome to Teddy’s unique look at the NFL. Teddy watches games all day on Sunday, typing furiously on his laptop while giving you the key info that the box scores and game recaps don’t necessarily have. This week: NFC thoughts and opinions from Week 7.

Tampa Bay Buccaneers - The personnel here is just fine. Linebacker LaVante David was amazing, notching three tackles for loss including a sack, knocking away passes downfield and stuffing the run repeatedly. Wide receiver Vincent Jackson was unstoppable as well, developing nice chemistry with the rookie QB Mike Glennon. And after Glennon’s early pick six, he made some great throws, albeit on an inconsistent afternoon. Right now, Glennon falls into the ‘serviceable’ category, not into the ‘developing a future franchise quarterback’ category.

Dropped passes continue to kill this team; three in the first quarter alone. Penalties have been a problem, entering the contest averaging 8.6 per game (2nd worst in the NFL) and committing eleven more penalties here.

As the Bucs were trying to rally back from a two touchdown deficit in the fourth Read more


Tags: NFL Atlanta Falcons Carolina Panthers Washington Redskins Tampa Bay Buccaneers Detroit Lions St. Louis Rams Teddy Covers




College Football Handicapping: Community Power Ratings Week 8

10.15.2013     01:14 PM     Printer Friendly
SportsMemo.com blog entry.
Submitted by Stat Intelligence

Going forward, let’s just call these “community” Power Ratings. Feel free to post comments below or alert me on twitter (@jefffogle) if you think we have a misread on a team. The numbers already reflect a composite of market influences, stats, and college football discussions anyway. We’ll just call them “community” rankings for this sport.

Some of you who have known me awhile will recognize this from past years in sports betting forums. Though, back then I was trying to get a “power of the collective” thing going in the NFL. It generally ended up being my read of the markets with three of four nice posters stepping into say “thank you” afterward. Not really the COMMUNITY effort I was hoping for. But, a lot of people are shy, and just want to see some numbers anyway. I’m going to stick with “Estimated Market” ratings right now for the Read more


Tags: College Football Stat Intelligence




Teddy Covers' Las Vegas Wise Guy Report: AFC News and Notes from Week 6

10.14.2013     07:09 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Welcome to Teddy’s unique look at the NFL. Teddy watches games all day on Sunday, typing furiously on his laptop while giving you the key info that the box scores and game recaps don’t necessarily have. This week: AFC thoughts and opinions from Week 6.

Denver Broncos - This offense does NOT take downfield shots; arguably the best 'dink and dunk' attack I've ever seen. The passing game is just lots and lots of well executed short passes thrown by a remarkably accurate quarterback. Even on a day where the Broncos were clearly a little bit flat in a legitimate sandwich spot against the worst team in the league, the Broncos still had five offensive touchdowns compared to only three punts and zero field goal attempts.

But this secondary is officially a problem area, even with Champ Bailey active today. We all saw what Tony Romo did to them last week. Here, Chad Henne was converting on 3rd and 25’s and Justin Blackmon was catching 14 balls for 190 yards. Rahim Moore was dropping sure interceptions, they were getting gashed on the ground, and the pass rush wasn't there. To make matters worse, Denver has a cluster injury Read more


Tags: NFL Denver Broncos Jacksonville Jaguars New York Jets New England Patriots Pittsburgh Steelers Houston Texans Teddy Covers




Oddsmakers think college footbal total of 100 is coming

10.11.2013     01:36 PM     Printer Friendly
Las Vegas oddsmakers think that a college football game with a total of 100 is on the horizon. Oregon vs. Baylor in a dome, anyone?

 



Tags: College Football Oregon Ducks Baylor Bears Las Vegas




No title will do justice to this ridiculous story

10.11.2013     07:00 AM     Printer Friendly
SportsMemo.com blog entry.
The story deserves a big WTF but if you got a few minutes to kill and want a few chuckles, here you go. We don't want to give too much away but it involves high roller/gambler Don Johnson (he's graced these pages before), a Las Vegas club DJ, a request to play Bon Jovi, and an unpaid debt.



Tags: Las Vegas




College Football Gambling: Las Vegas bettors all over Baylor Bears

10.09.2013     12:02 PM     Printer Friendly
Umm, yeah. Note that LVH opened -17 and has since moved only a half point to -17.5.

copy_baylor.JPG



Tags: College Football Baylor Bears Kansas State Wildcats Big XII Las Vegas



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