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Teddy Covers' Las Vegas Wise Guy Report: The evolution of football's opening line

08.12.2013     07:59 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
In the modern era of sports betting, what is exactly is The Opening Line?  It’s most assuredly not a meaningless question.  There are many bettors who consider the opening number as an important part of their handicap. 

Long term winning bettors don’t bet bad numbers – if they miss their targeted strike price, they’ll leave the game alone.  So the opening number – or what they consider to be the opening number – holds significant weight in future wagering decisions.

When I first moved to Vegas in the late 90’s, there was no debate.  Joe Lupo, Bob Scucci, Doug Castanada and the rest of the bookmakers at the Stardust hung the very first numbers, worldwide.  When those opening numbers were first posted, the ‘Dust held a lottery to determine the order of who could bet first, second, third and on down the line.  Bettors coveted a place at or near the front of that line – it legitimately made a difference.

The Sunday Night lottery at the Stardust during football season was a spectacle to behold.  The book was packed; the energy electric in anticipation of those Read more


Tags: College Football NFL Teddy Covers Las Vegas




Teddy Covers gives us the scoop on the 'official' College Football Week 1 opening numbers

08.07.2013     01:37 PM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Yesterday was the first meeting of the season for the legendary 'Tuesday Group' of professional bettors here in Las Vegas. We had a very spirited debate about what the 'official' college football Week 1 opening numbers actually are/were.

With different books posting very different numbers at different times, we decided a 'consensus' opening line was a better choice than using any one book. The initial variance is gone, and the spreads as of RIGHT NOW on 8/7 should be considered the 'market openers'. Track moves from today, not before!

Thursday, 8/29:

SOUTH CAROLINA -10.5 North Carolina
MINNESOTA -14 Unlv
BOWLING GREEN -4 Tulsa
UCF -21.5 Akron
UTAH -3 Utah St
Ole Miss -3 VANDERBILT
Fresno -10 Rutgers
Usc -21.5 HAWAII

Friday, 8/30:

MICHIGAN ST -26.5 Western Michigan
MIAMI-FL -32.5 Florida Atlantic
Texas Tech -6 SMU

Saturday, 8/31:

WISCONSIN -45 Umass
MICHIGAN -31.5 Central Michigan
OHIO ST -36 Buffalo
NC ST -13.5 Louisiana Tech
MARYLAND -19.5 Florida International
IOWA -3 Northern Illinois
NOTRE DAME -29.5 Temple
Byu -3 Read more


Tags: College Football Teddy Covers Las Vegas




Las Vegas bettors have plenty of football contests to choose from

08.06.2013     12:00 PM     Printer Friendly
The Las Vegas Sun gives us the lowdown on all of the football contests for this season. Click here for the details.

LVH Supercontest
Station Casinos’ Great Giveaway
Station Casinos’ Last Man Standing
The Palms’ Pigskin Payoff
Boyd Gaming’s Pick The Pros
William Hill’s College Football Pick’em
William Hill’s Three ’N Out
William Hill’s Pro Pick’em Contest



Tags: NFL College Football Las Vegas




Sportsmemo Handicapper Teddy Covers on today's The Las Vegas Sportsline

08.02.2013     10:58 AM     Printer Friendly
SportsMemo.com blog entry.
Sportsmemo Handicapper Teddy Covers will be co-hosting this afternoon's The Las Vegas Sportsline show on ESPN Radio from 2-3 pm PT. Here's a link to the live stream. Enjoy.



Tags: Las Vegas Teddy Covers




Longtime Vegas oddsmaker passes away

07.30.2013     11:22 AM     Printer Friendly
Longtime Las Vegas oddsmaker Rick Herron recently passed away. You can read about him here.



Tags: Las Vegas




No-name handicapper gets reality TV show

07.30.2013     07:13 AM     Printer Friendly
So CNBC has decided to put out a reality TV show on a supposed Las Vegas handicapper. The only problem, no one we spoke to has heard of this dude. Industry observer Todd Fuhrman offers his opinions on what has little to no chance of accurately portraying the life of a real sports bettor/handicapper.



Tags: Las Vegas




MIT Card Counters speak at gambling conference

05.29.2013     02:05 PM     Printer Friendly
SportsMemo.com blog entry.
Some member of the notorious MIT Card Counters returned to Las Vegas to speak at the 15th International Gambling and Risk Taking Conference at Caesars Palace.


"I think the MIT team was mostly feared because of its name," Chang said. "You know? 'Oh, those MIT geniuses are gonna come in and levitate the chips out of the rack … 'Oh my god."

"What that says about our freedoms and the direction we may be going," Bloch said. "Our ability to think is what really makes us human and it separates us from other animals, and when you kick someone out of a business or a country or whatever just because that person is exercising their ability to think, to me that's an affront to civil rights."






Tags: Las Vegas




College Football Gambling: Golden Nugget GOY lines available next week

05.28.2013     12:28 PM     Printer Friendly
SportsMemo.com blog entry.
Just a head's up. Las Vegas' Golden Nugget sportsbook will release its College Football Game of the Year lines on Friday, June 7, at Noon PT. In the meantime, here's a link to last year's lines.



Tags: College Football Las Vegas




Nevada's Black Book alive and kicking

05.06.2013     06:40 AM     Printer Friendly
SportsMemo.com blog entry.
The fact that there really is a Las Vegas "Black Book" is pretty cool. Even cooler, the Gaming Control Board is about to add a new member. Unfortunately it doesn't sound like the gentlemen is connected to the mob or tried to pull off an Ocean's 11-type heist. No, he's just a slot machine cheat. Over the last decade only six people have been placed on what it currently a 33-person list.



Tags: Las Vegas




Slot machine glitch results in big payout, trouble for Las Vegas gambler

05.02.2013     10:53 AM     Printer Friendly
SportsMemo.com blog entry.
Crazy store about a dude who exploited a glitch in a slot machine at Las Vegas' Silverton Casino. Now he's in a heap of trouble. The federal kind.


“What you see in most gambling cheating cases is the guy’s got a magnet in his boot or he’s shocking the machine with static electricity.” says Leavitt, a veteran Vegas defense attorney. “All these guys did is simply push a sequence of buttons that they were legally entitled to push.”






Tags: 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, Sammy P Sports, Ian Cameron, and Paul Stone. Listen to these handicapping experts daily on the Sportsmemo Radio Show from Noon-2 pm PST on Fox Sports 920AM in Las Vegas and the web at Sportsmemo.com.  Missed the Sportsmemo Radio Show?  Past shows are available on Sportsmemo.com's radio archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, AFL, and PGA? Check out the interactive sports betting posting forum, matchup statistics, 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.   Mar 27, 2015 03:09 PM.