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Sportsbooks love to talk about getting thrashed by the betting public

01.17.2017     09:22 AM     Printer Friendly blog entry.
Sportsbooks are a business and a lot of their profit is generated from casual bettors; the "betting public." So when the postseason hits you tend to read a lot of articles about the "betting public" getting the best of the sportsbooks. Last week, outright wins by the Steelers and Packers reportedly proved costly. The week prior it was Clemson's win over Alabama that "crushed the books." What you generally don't read is articles about games in which 80% of the tickets are on one side but 80% of the money is on the other; the old square/sharp divide. That wouldn't be good marketing.

Tags: NFL Las Vegas

NFL Gambling: Bettors gear up for Conference Championship weekend

01.16.2017     11:37 AM     ICC     Printer Friendly
Submitted by ICC blog entry.
The scoreboard operator at the Georgia Dome in expected to be busy at Sunday’s NFC title clash between the Packers and Falcons. Both offenses should be primed to light up the scoreboard as evidenced by the fact this game is currently lined at 60/60.5 at every major offshore and Las Vegas sportsbook. Aaron Rodgers continued his elite level play in Sunday’s thrilling 34-31 win over Dallas. He completed 28-of-43 passes for 356 yards and now has a spectacular 21-to-1 TD-to-INT ratio during the Packers’ current 8-0 SU, 7-1 ATS surge. The absence of Jordy Nelson was negated by “step up” efforts from Davante Adams, Randall Cobb and Geronimo Allison (each with three or more catches). Tight end Jared Cook also hauled in six passes including the all-important one that set up the game winning field goal. But Green Bay’s defense was exposed, especially in the secondary, where injuries remain plentiful. Dallas rolled up 429 total yards including 302 through the air. That doesn’t bode well for their matchup against Matt Ryan and an Atlanta offense that posted some of the league’s best offensive numbers. Note that the Falcons ranked tops in the Read more

Tags: NFL Green Bay Packers Atlanta Falcons Pittsburgh Steelers New England Patriots Ian Cameron

Floyd Mayweather drops sports betting knowledge

01.12.2017     10:50 AM     Printer Friendly blog entry.

There's been momentum toward having sports betting legalized. Do you think it should be legal in the U.S.?

The two best places to bet are Las Vegas and Atlantic City. [Mayweather asks if A.C. has sports betting and I tell him it doesn't.] Then Las Vegas is the best. We the best. If everyone had it, it would be a problem. Las Vegas is the best place because we have it mastered.

Tags: Floyd Mayweather

College Football Betting News: Clemson's win over Alabama crushed the books

01.11.2017     10:22 AM     Printer Friendly blog entry.
Clemson's win over Alabama was not an ideal outcome for Las Vegas sportsbooks.


“It was definitely our worst college football game ever, and I’m pretty sure it was our biggest loss in a single game,” William Hill sports book director Nick Bogdanovich said.

“It’s the highest single-game handle I’ve ever seen, which proves that college is catching up,” veteran South Point oddsmaker Jimmy Vaccaro said. “It keeps telling me I’ve been wrong for 20 years saying that we can’t get much better and we can’t write more tickets. The public keeps telling me, ‘Jimmy, go sit down. You’re wrong.’

“The intriguing thing to me was we wrote more on that game than we did on the first NFL game of the weekend.”

Tags: College Football Clemson Tigers ACC Alabama Crimson Tide SEC Las Vegas

NFL Handicapping: SuperContest winner hit nearly 66% against the spread

01.03.2017     09:32 AM     Printer Friendly blog entry.
This guy won this year's SuperContest. He did so hitting nearly 66% and took home $900K.

Tags: NFL SuperContest

College Football Handicapping: Bowl games trending UNDER the total

12.20.2016     08:58 AM     Printer Friendly blog entry.
College football bowl game unders have been the best bet in town over the last week. Based on CRIS's closing numbers five of the six games went under the total with Monday's Central Michigan-Tulsa game pushing (65.5 was widely available elsewhere). The most noteworthy were the New Mexico and Las Vegas bowls that each moved 10 points under (some of which weather-related) and still won easily.

UTSA vs. New Mexico
CRIS Opener: 64
CRIS Closer: 54
Result: UNM 23, UTSA 20 - UNDER

Houston vs. San Diego State
CRIS Opener: 60
CRIS Closer: 50
Result: SDSU 34, UH 10 - UNDER

Appalachian State vs. Toledo
CRIS Opener: 56
CRIS Closer: 59.5
Result:  ASU 31, TOL 28 - OVER/UNDER

Arkansas State vs. UCF
CRIS Opener: 49.5
CRIS Closer: 51.5
Result: ASU 31, UCF 13 - UNDER

Southern Miss vs. UL-Lafayette
CRIS Opener: 57
CRIS Closer: 56
Result: USM 28, ULL 21 - UNDER

Central Michigan vs. Tulsa
CRIS Opener: 67.5
CRIS Closer: 65
Result: TUL 55, CMU 10 - Read more

Tags: College Football

College Football Gambling Alert: Las Vegas Bowl winds expected to die down Saturday afternoon

12.16.2016     09:22 AM     Printer Friendly
You've probably already noticed how much action the under has taken for Saturday's Las Vegas Bowl between Houston and San Diego State. CRIS opened 60, Pinnacle 55, and the market is now 51.5. That's a big move and crossing a slew of key numbers. Some of that push has no doubt been connected to the projected weather. Mid-week reports indicated that winds could reach as high as 30 mph. In fact, issued a "high winds warning" for the Las Vegas area until 12 am PT. But according to the hourly report (which as we all know hits at about 43% ATS), the wind is expected to die down considerably after kickoff (12:30 pm PT).



Tags: College Football Houston Cougars AAC San Diego State Aztecs Mountain West

NFL Gambling: Cleveland Browns still garnering attention from bettors

12.13.2016     09:12 AM     Printer Friendly blog entry.
Betting on a historically bad NFL team continues to be a thing.

"Every week, it's the same thing," Ed Salmons, assistant manager at the Westgate SuperBook in Las Vegas, said Sunday afternoon. "We'll write a limit bet [on the Browns] by a wiseguy right at the gun."

"It's hard to be that bad and not cover," Salmons said of the Browns. "Because the spreads get so inflated, it's really hard not to cover."

Tags: NFL Cleveland Browns

College Football Gambling: Alabama heavy favorites against the field

11.30.2016     06:36 AM     Printer Friendly blog entry.
It's logical to assume that no matter what the matchup, Alabama would be favored over any team in the country. Bovada and Las Vegas' South Point and sportsbooks offered their opinions on mythical matchups involving the Crimson Tide. Only Bovada priced Alabama below a touchdown (-4 vs. Ohio State, -6 vs. Washington). The Westgate hung the most pro-Bama line in six of the eight matchups.

Tags: College Football Alabama Crimson Tide SEC Ohio State Buckeyes Big Ten Washington Huskies PAC-12

NFL Betting News: Lack of upsets continues to hurt sportsbooks

11.28.2016     08:35 AM     Printer Friendly blog entry.
It's been a tough two weeks for Las Vegas sportsbooks in the NFL. From an ATS perspective, favorites are 16-11-1. But straight up, 24-4 which means moneyline parlays and various teasers where cashing like crazy. 

“We’re not getting a lot of upsets right now. The teasers and money-line parlays seem to continue to beat us. You need a couple of upsets every week. Luckily, the Buccaneers came through and upset somebody.”

Tags: NFL Las Vegas


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