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Teddy Covers' Las Vegas Wiseguy Report: Who has what it takes to win the Big Dance Part II

03.09.2015     06:12 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
In Part I of this article last week, I took a basic look at the profile of the past 16 NCAA champions.  From that profile, I was able to make a short list of potential champs in 2015, consisting of the following 12 teams:  Virginia, Duke, Notre Dame, Louisville, Kansas, Baylor, Villanova, Wisconsin, Maryland, Arizona, Utah and Kentucky.

However, since that article was written last week, one of those 12 teams has been bounced from consideration, with Baylor suffering their eighth loss of the season at Texas in overtime.  I don’t think the Bears were serious contenders to win the title, but now that they are above the seven loss cut-off line, we can eliminate Scott Drew’s squad from the discussion entirely.

The next step in the elimination process is to look at the team’s records away from home.

The NCAA championship is not won on a team’s home floor.  Even with a favorable location one weekend, a team is still going to have to win Read more



Tags: College Basketball Teddy Covers Las Vegas




Bitcoin poker website gets pinched

03.06.2015     12:21 PM     Printer Friendly
SportsMemo.com blog entry.
Crazy story about police raiding the house of an employee of an alleged illegal poker website that used Bitcoin as its currency.


“I’m a victim of the unfortunate systemic police state that has taken over the United States,” Micon said in a recent Skype interview from Antigua, where his family had already planned an extended vacation. “I was charged with no crime, yet armed men broke down my door, pointed many guns at me — of course, traumatized my family — and then proceeded to steal all of my good electronics.”

“Using Bitcoin technology does not generally make any activity more or less legal than it would be otherwise,” he said. Bitcoin isn’t a “get-out-of-jail free card” or a “cloak of invisibility,” Gzesh said, noting that if a site is operating without a required license, it’s doing so illegally, “whether you’ve used Bitcoin or not.”









Tags: Poker




Pacquiao the early betting choice over Mayweather

03.04.2015     08:37 AM     Printer Friendly
SportsMemo.com blog entry.
After opening as a +250 underdog, Manny Pacquiao has taken most of the early money for the May 2 fight vs. Floyd Mayweather. Mayweather has settled in as a -200 favorite.


“I’ve never seen Mayweather this low eight weeks out before the fight,” said Jimmy Vaccaro, who has booked money on every big fight for the past four decades in Las Vegas. “This is as close as we get to a legitimate pick ‘em fight since Mayweather fought (Oscar) De La Hoya.”

“It’s a one-way attack on Pacquiao,” Vaccaro said. “We’re well into a six-figure loss right now if Pacquiao wins.”






Tags: Boxing Floyd Mayweather Manny Pacquiao




Westgate Superbook to offer more handicapping contests

03.03.2015     11:55 AM     Printer Friendly
SportsMemo.com blog entry.
Famed for its NFL SuperContest, the Westgate is planning to expand is handicapping contests to other sports like college basketball, NBA, MLB, and NHL.

 

 

 




Tags: Las Vegas




March is Las Vegas' biggest month of the year

03.02.2015     01:48 PM     Printer Friendly
SportsMemo.com blog entry.
When it comes to visiting Las Vegas, no month is bigger than March. It's the top month in terms of tourists and also gaming revenue with over $800 million in 2014.


“It’s the cabin fever effect,” UNLV Lee Business School professor Jack Schibrowsky said. “March is usually the time of year when winter is still hanging on a lot of places, and a number of people are looking to take a long weekend to escape. Guys come out for a convention and add a couple days for a buddy golf trip, or vice versa.”






Tags: College Basketball Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Who has what it takes to win the Big Dance Part I

03.02.2015     08:50 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
History shows us many things about what it takes to be a champion.  I write this article every year, and in every year except for two, I have been able to identify the eventual NCAA National Champion among my elite level teams.   Both exceptions were the same team – UConn – making miracle runs to win the title as prohibitive longshots.

Last year, the Huskies were on the ropes in their tourney opener against St Joe’s, needing a late rally just to send the game to overtime.  Three weeks later, they cut down the nets as national champs at Jerry’s World in Arlington.  I didn’t see it coming.  Neither did the betting markets, with UConn priced in the 100:1 longshot range prior to the tournament.  And if a longshot like that wins every coinflip game in the tourney this year, I’m not likely to get it right either.

I write this article every year before the regular season is over, before the conference tournaments, before the tourney seedings are announced and before a single March Madness game has been played. And I’ve nailed the winner of the NCAA tournament four times in the last eight Read more



Tags: College Basketball Teddy Covers Las Vegas




Understanding the realities of legalized sports betting

02.27.2015     08:29 AM     Printer Friendly
Well informed article by ESPN's Jeff Ma on the five myths of legalized sports betting.


Myth No. 5: It will create greater risk for game fixing

Myth No. 4: It will damage the sports betting business in Las Vegas

Myth No. 3: It will put local illegal bookies out of business

Myth No. 2: It will create more "problem gamblers"

Myth No. 1: It will result in large revenue for the leagues











Nevada approves Olympic betting

02.27.2015     08:20 AM     Printer Friendly
SportsMemo.com blog entry.
Nice to see Las Vegas expand its game with Olympic betting getting the approval of the Nevada Gaming Commission. We don't imagine the market will be all that big, nor will the lines compare to that of Pinnacle or other offshore giants. But it'll be a refreshing option for bettors looking for action prior to the football season. The 2016 Summer Olympics in Rio de Janeiro will run nearly the entire month of August.


“I think we’re going to do something very remarkable and add a new dimension to sports betting,” said commission Chairman Tony Alamo at the outset of today’s hearing. He said it will probably bring in a small amount of revenue, but nonetheless called it a “big deal” that “globalizes the legitimacy of what we do.”






Tags: Las Vegas




Bettman has concerns about sports betting; knows no one bets hockey

02.26.2015     12:11 PM     Printer Friendly
NHL commissioner Gary Bettman on sports betting. What's funny is Gary is well versed on the fact that virtually no one in Las Vegas even bets hockey.


This is a lot bigger deal to basketball and football because that’s where the bulk of the money is bet. For us, if you look at the Las Vegas take, we’re at about 1 percent. That has nothing to do with the popularity as it does the nature of the game and how susceptible it is to betting on it. My bigger concern if there is going to be a discussion going on is twofold. One, what is the imagery? What is the statement we want to make about sports and professional athletes? Should young people who idolize athletes and focus on sports view it as a betting vehicle or view it as something different, more akin to what it’s been?   That’s a concern to me. And secondly, there is a concern about the environment in the building. There’s nothing wrong with race tracks, but I don’t like that atmosphere compared to the atmosphere we try to have in our

Read more



Tags: NHL




College Basketball Betting Free Play: San Diego Toreros at Gonzaga Bulldogs

02.26.2015     10:29 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
San Diego +17.5 at Gonzaga O/U 133
Recommendation: San Diego


Gonzaga is, by far, the best team in the West Coast Conference.  They’ve been destroying their WCC foes all year, to the tune of a 16-0 conference record.  But the pointspread is the great equalizer, and the Zags are just 7-8-1 ATS in WCC play; not exactly a ‘bet-on’ team.
The Zags are coming off a HUGE come-from-behind win at St Mary’s last weekend, clinching the conference title and setting Gonzaga up as a possible #1 seed come tourney time.
 
Senior night comes against BYU on ESPN2 this coming Saturday, followed by the WCC Conference Tournament in Las Vegas next weekend.  In between, the Zags have nothing but this tricky matchup against San Diego; a clear flat spot on their schedule.

The Zags have had trouble building margins against the Toreros even when it’s not a flat spot.  In eight meetings between these two teams since the start of the 2012 campaign, the Zags have a grand total of one win by more than the 17 point margin they’ll need to win by tonight in order to cover the number.  Both Read more



Tags: College Basketball San Diego Toreros Goznaga Bulldogs Teddy Covers



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"Las Vegas'"

July

26


 
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