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Sportsmemo Handicapper Teddy Covers co-hosting LV Sportsline this afternoon

08.30.2013     12:22 PM     Printer Friendly blog entry.
Just a quick head's up. Sportsmemo Handicapper Teddy Covers will be co-hosting this afternoon's Las Vegas Sportsline show on ESPN 1110AM from 2-3 pm PT. The topic will of course be college football from a betting perspective.

Tags: College Football Teddy Covers Las Vegas

William Hill to run sportsbook at new Las Vegas casino

08.29.2013     12:27 PM     Printer Friendly blog entry.
Las Vegas' SLS Hotel and Casino, which is slated to open in fall of 2014, will feature a William Hill sportsbook. The SLS will be built on the site of the old Sahara Casino which closed in 2011.

“Together we’ll create a sports wagering experience that’s best in class for the market and takes the traditional sports book model to a whole new level,” Rob Oseland, president of SLS, said in a statement.

Tags: Las Vegas

Vaccaro leaves William Hill for South Point

08.19.2013     06:26 AM     Printer Friendly blog entry.
Longtime Las Vegas oddsmaker Jimmy Vaccaro recently left William Hill for a position at South Point. Vaccaro will be in charge of promoting SP's new mobile phone app.

“It’s obviously old school. It’s a very short conversation & a handshake,” asserted Vaccaro, who immediately left his position as director of public relations for William Hill sports books.

Tags: Las Vegas

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 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 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
UCF -21.5 Akron
UTAH -3 Utah St
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:

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 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 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


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