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Nevada sportsbooks crushed in 2014

01.30.2015     01:56 PM     Printer Friendly
SportsMemo.com blog entry.
Nevada sports books enjoyed their biggest year ever thanks to an all-time high of betting volumue.


"[Sports] betting volumes have set records in five consecutive years and win totals have set records in two consecutive years." Lawton said. "This year without a doubt, sports betting was the growth story."






Tags: Las Vegas




Nevada's Black Book adds another name

01.30.2015     07:24 AM     Printer Friendly
SportsMemo.com blog entry.
The Nevada Gaming Commission recently added another name to its famed Black Book running the total up to 33. According to the rules, the only way to have one's name removed from said book is death. 




Tags: Las Vegas




Super Bowl XLIX Gambling: Betting public loads up on safety prop

01.29.2015     08:03 AM     Printer Friendly
SportsMemo.com blog entry.
Two of the most popular Super Bowl prop bets from the betting public have been "yes" on will there be a safety or overtime. Amazingly, the last three Super Bowls have featured a safety -- each time a big kick in the nuts to sportsbooks. According to Las Vegas' MGM, 70 of the first 71 bets on the safety prop were on "yes."


"This is a sign that people will bet anything," Jay Kornegay, vice president of race and sports operations at the SuperBook, said with a laugh. "We've got one ticket on Seattle scoring exactly four points at 9,999-to-1."






Tags: NFL Super Bowl XLIX




Super Bowl XLIX Gambling: Las Vegas sportsbooks promote "Big Game" parties

01.28.2015     11:34 AM     Printer Friendly
SportsMemo.com blog entry.
Add the NFL to the list of things that suck. The other day we linked to a list of all of the Las Vegas sportsbooks hosting Super Bowl parties. There's one common theme: the sportsbooks aren't allowed to promote their party using the term "Super Bowl." Geesh. "Big Game" seems to be the most commonly used alternative. The NFL dropped the hammer on this over a decade ago but still feels the need to pop it's head in every year for a passive aggressive reminder to never mess with the machine.




Tags: NFL Las Vegas Super Bowl XLIX




Super Bowl XLIX Gambling: New England Patriots remain hottest bet in Las Vegas

01.28.2015     06:59 AM     Printer Friendly
SportsMemo.com blog entry.
It's been well documented that the early money for Super Bowl XLXI has come in on the New England Patriots. But exactly how much you ask? According to Las Vegas' Westgate, the ratio is a startling 3.5-to-1. That said, less than 20% of projected handle is currently in play.


"It hasn't slowed people down as far as liking the Patriots -- they don't care," head oddsmaker Ed Salmons said. "That outside noise, trying to predict how it's going to affect a team, is impossible. Unless you're inside that locker room, you don't know."






Tags: NFL New England Patriots Super Bowl XLIX Las Vegas




Super Bowl XLIX Gambling: Patriots likes to go off as less than field goal favorites

01.28.2015     06:47 AM     Printer Friendly
SportsMemo.com blog entry.
Oddsmakers aren't projecting enough money to push the New England Patriots to a 3-point favorite for Super Bowl XLIX. We've seen as high as -1.5 but nearly all of Las Vegas is currently offering -1 while pick 'em remains the most common offshore price.




Tags: NFL New England Patriots Super Bowl XLIX




Super Bowl XLIX Gambling: Offshore still rules the roost when it comes to prop bets

01.27.2015     01:47 PM     Printer Friendly
SportsMemo.com blog entry.
If you're looking to bet some of the crazy props associated with the Super Bowl, you'll have to do so offshore. Las Vegas is still limited in what they can allow; basically anything not associated with the box score is a no-no with the exception of the coin flip. Meanwhile, most offshore/offscreen sportsbooks offers the likes of Bill Belichick's hoodie color as well as the Nielsen TV Rating.




Tags: NFL Super Bowl XLIX Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Bettors ready for Super Bowl XLIX

01.26.2015     10:49 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
It’s Super Bowl time again.  I use this line every year because it’s true – this IS the moral equivalent of Christmas Day for many sports bettors.  Yet, much like last year, many of the professional full time bettors that I know are rather disappointed with the proposition betting opportunities for Super Bowl XLIX – there’s simply not much low hanging fruit.  The biggest and best sportsbooks (market leaders both here in Vegas and offshore) have learned from previous mistakes.  Weak numbers do NOT abound in 2015.

Let me start with the game itself.  The Super Bowl itself has been an underdog bettor’s paradise in recent years.   The Seahawks were underdogs at kickoff last year in their blowout win over the Broncos. The Ravens won the Super Bowl in 2013, as the underdog, beating the favored 49ers.  The Giants won the year before as an underdog; knocking off the Patriots.  In 2010, the Saints won straight up as a dog over Peyton Manning and the Colts.  In 2009, the Cardinals covered the spread in a tight loss to the Steelers.  In 2008, the Gia nts beat the favored 18-0 Patriots Read more



Tags: NFL Super Bowl XLIX Teddy Covers Las Vegas




Las Vegas sportsbooks gear up for Super Bowl XLXI

01.26.2015     10:43 AM     Printer Friendly
SportsMemo.com blog entry.
Our friends from The Vegas Parlay have compiled a nice list of all of the Las Vegas sportsbook Super XLIX parties. There’s everything from high-end group parties to $1 hot dogs.




Tags: NFL Super Bowl XLIX Las Vegas




Super Bowl XLIX Gambling: Westgate posts famed prop bets

01.23.2015     02:41 PM     Printer Friendly
SportsMemo.com blog entry.
The Las Vegas Sun was kind enough to post all the Westgate's famed Super Bowl XLIX Prop Bets. They were officially posted Thursday night but still plenty of opportunity for those willing to put in the work.




Tags: NFL Super Bowl XLIX



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