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February

23

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Teddy Covers' Las Vegas Wiseguy Report: NBA Western Conference second half preview

02.15.2016     11:56 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The NBA All Star Game is in the rear view mirror now, leaving bettors with a two month window between now and the beginning of the Playoffs.  Just about every team has approximately thirty games remaining on their regular season schedule.  The Warriors remain the favorite to win the title when June rolls around, with Cleveland and San Antonio also priced in a 3:1 or lower range to win the championship. 

But if you’ve been reading my Wiseguy Report for the last decade, you know that I’m not a big fan of future book wagers.  This week’s article isn’t going to recommend a change that long term betting philosophy.  In my opinion, the real money to be made betting the NBA is to find the teams that are being priced incorrectly by the betting markets and bet on (or against) those teams repeatedly; in every reasonable situation, until the betting markets catch up.

I’m going to focus on the Western Conference this week; next week I’ll break down the East.  As we come out of the break, I’ve identified my top ‘Bet-On’ team down the stretch for the West – the Denver Nuggets.  This Read more



Tags: NBA Teddy Covers Golden State Warriors San Antonio Spurs Denver Nuggets




NFL Betting News: Raiders to Las Vegas not that far-fetched

02.11.2016     08:35 AM     Printer Friendly
SportsMemo.com blog entry.
The Las Vegas Raiders? Oddsmakers are saying it isn't all that much of a longshot.


"A lot of people are talking 10-1 or 100-1, but I would make it much lower," said Jimmy Vaccaro, a veteran Las Vegas oddsmaker. "It's a lot closer to happening than we once thought. I have the lowest odds on the Raiders being here. It should be less than 10-1."






Tags: NFL Oakland Raiders Las Vegas




Pete Rose says why not, makes appearance in William Hill commercial

02.11.2016     08:31 AM     Printer Friendly
It's really refreshing to see people in the public eye just not give a shit. Brent Musburger, on a nationally televised college basketball game, has no problem talking about offshore sportsbooks. And here we have the Hit King with a cameo appearance in a freakin' William Hill commercial! It's these types of "I'm Keith Hernandez" moments that keep us going. Don't stop, fellas. Don't stop. 




Tags: Las Vegas Pete Rose




Super Bowl 50 Betting: Broncos win, under, and Newton's struggles help sportsbooks win big

02.09.2016     10:55 AM     Printer Friendly
SportsMemo.com blog entry.
Super Bowl 50 yielded very good results for Nevada sportsbooks as they raked in over $13 million in profits. It also marked the highest handle of all-time at $132 million.


"It was a very good day," Johnny Avello, executive director of the sports book at Wynn Las Vegas, said Monday.

"A defensive battle was something we were rooting for and fortunately, that's exactly what it was," added Jay Kornegay, the odds maker at the Westgate Las Vegas Superbook.






Tags: NFL Las Vegas Denver Broncos Carolina Panthers




Super Bowl 50 Gambling: Sportsbooks may become desperate for money on Denver Broncos

02.03.2016     08:36 AM     Printer Friendly
SportsMemo.com blog entry.
According to various Las Vegas sportsbooks, "no one" is betting the Denver Broncos. Sports Options lists the public money to be 76% on the Carolina Panthers. Offshore, Carolina sits -5.5 while -6 is the prevailing number in Vegas.


"This year is really rare in that nobody is betting on the Broncos. For whatever reason, we just don't seem to see any money coming in on Denver, and floods of money coming in on the Carolina Panthers," said Matt Holt, sports wagering expert with the Cosmopolitan of Las Vegas Race and Sports Book and CG Technology.






Tags: NFL Denver Broncos Carolina Panthers Super Bowl 50




Super Bowl 50 Gambling: Las Vegas casino and sportsbook parties

02.02.2016     09:06 AM     Printer Friendly
SportsMemo.com blog entry.
Great info from The Vegas Parlay on all of the casino and sportsbook parties for Sunday's Super Bowl 50. There's a wide range of options, most including drink and food specials.




Tags: NFL Super Bowl 50 Las Vegas




NBA Handicapping: Phoenix Suns cut bait with Hornacek

02.02.2016     08:22 AM     Printer Friendly
SportsMemo.com blog entry.
Losers of...wow, a ton of games of late, the Phoenix Suns finally parted ways with head coach Jeff Hornacek. In his place will be assistant Earl Watson who was last seen hoisting jump shots for the Portland Trail Blazers two years ago. The Suns opened the season 7-5 SU and 8-4 ATS but have since gone a mind-blowing 7-30 SU and 10-27 ATS. The good news is they play nine of their next 10 at home. The bad news is every opponent is likely playoff bound including Oklahoma City, Golden State, and San Antonio. Phoenix is catching +9.5 for tonight’s home game vs. Toronto.




Tags: NBA Phoenix Suns Toronto Raptors




Teddy Covers' Las Vegas Wiseguy Report: Bettors gear up for Super Bowl 50 Prop Bets

02.01.2016     09:00 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
When I talk with casual fans in the week leading up to the Super Bowl, they tend to be interested in my opinion about who is going to win the big game. But when I’m talking with bettors, not fans, the topic inevitably turns towards props; where sports betting and fantasy sports collide.

Props have been on the Las Vegas betting boards for thirty years. It all began when the juggernaut 1985 Chicago Bears were facing the Patriots in Super Bowl 20. Legendary Vegas oddsmaker Jimmy Vaccaro was a very creative bookmaker at the Mirage (at the time), looking for ways to increase their betting handle. Vaccaro posted odds on whether 350 pound defensive lineman William ‘Refrigerator’ Perry would score a touchdown in the big game. Vaccaro certainly didn’t think it was likely, offering attractive underdog odds for those who wanted to bet on The Fridge would hit paydirt in the end zone.

Vaccaro’s unique offering attracted all kinds of attention both from bettors and from media types. It also accomplished his goal of increasing betting handle, with money pouring in on the ‘Yes, Fridge will score a TD’ side of the prop at big (but Read more



Tags: NFL Denver Broncos Carolina Panthers Super Bowl 50 Teddy Covers Las Vegas




Super Bowl 50 Gambling: Westgate SuperBook releases famed prop bets

01.29.2016     10:00 AM     Printer Friendly
SportsMemo.com blog entry.
Here's a full listing of the Westgate SuperBook's famed NFL Super Bowl prop bets.

 




Tags: NFL Super Bowl 50




Oakland Raiders in Las Vegas is probably not going to happen but sounds pretty damn awesome

01.29.2016     07:15 AM     Printer Friendly
SportsMemo.com blog entry.
The Oakland Raiders in Las Vegas? A Sheldon Adelson funded domed stadium within spitting distance of The Strip? The red hue of Roger Goodell's face when he hears about this!


"Projects like this need a lot of very, very strong leadership, a lot of conviction, a lot of focus and great resources,'' said Craig Cavileer of Majestic Realty, the project's development partner. "Certainly, Sheldon and his team have proved time and time again that they produce great projects."






Tags: NFL Las Vegas Oakland Raiders



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