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Mayweather returns to ring, big favorite over Guerrero

05.01.2013     07:18 AM     Printer Friendly
SportsMemo.com blog entry.
Saturday will mark the first time Floyd Mayweather has stepped into the ring since May of last year. He's a prohibitive favorite over WBC Interim Welterweight champion Robert Guerrero. Looking to take advantage of a potentially rusty Mayweather, nearly all of the significant early money has come in on Guerrero. Mayweather opened -900 at LVH Sportsbook but has since dropped to -700.








Online poker a reality for Nevada gamblers

04.30.2013     01:25 PM     Printer Friendly
SportsMemo.com blog entry.
If you are a resident of the great state of Nevada then quit reading this blog and go have yourself some fun playing legalized online poker. No joke.


It is “a momentous day for the state and a testament not only to Ultimate and the board and (gaming) commission but also to the governor for getting a bill through so fast,” Burnett said, referring to the quick approval of a bill to allow Internet poker play in Nevada.



 



Tags: Poker




Teddy Covers' Las Vegas Wise Guy Report: NBA Western Conference Playoffs update

04.29.2013     08:14 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Two weeks ago, I broke down the Eastern Conference Playoff Race in this column, concluding (to no surprise) that the Miami Heat are truly deserving of their big chalk, heavy favorite status; clearly the team to beat. 

Last week, I got distracted by the upcoming (at the time) NFL Draft; looking to make my point that draft results hold surprisingly little influence over the opening Week 1 pointspreads, and that every prediction you read or hear about ‘Draft Grades’ is likely to be flawed at best, dead wrong at worst.

That being said, one other factor about the NFL Draft was perfectly clear this past weekend.  The better organizations in the NFL are in much better position to succeed than the weaker organizations.  Which is which?  Look no further than a recent recap of Super Bowl champs to identify ‘good’ organizations – squads with a short and long term plan, and the management team to implement that plan. 

The Ravens, Giants, Packers, Steelers, Patriots, Colts, Seahawks and 49ers are at the top of my ‘quality organization’ list, and you can assume a priori that those eight organizations Read more


Tags: NBA Los Angeles Clippers Oklahoma City Thunder San Antonio Spurs Golden State Warriors Teddy Covers




NBA Playoff Gambling: Quick Market Assessment of Westbrook's Value

04.27.2013     07:40 AM     Printer Friendly
SportsMemo.com blog entry.
Submitted by Stat Intelligence

We’ve had time now for the market to react to the sad news that Russell Westbrook of Oklahoma City is going to miss time to have meniscus surgery. It looks like the composite of opinions rates his value at three points.

*Oklahoma City was -3 at Houston before the injury was announced

*Oklahoma City moved to pick-em on the news

*Some initial interest on the Rockets made it Houston -1 in places

*Oklahoma City money brought it back to pick-em
 
I know there are some in the field who think very few players are worth THAT much in terms of team Power Ratings. We’ll have to give the Thunder a few games to show us what the impact is going to be. For now, let’s assume that the market is correct. Let’s see what that does to the Western playoff picture based on our most recent assessment of the market ratings. Oklahoma had been an 86.

Estimated Market Power Ratings in the West

84: LA Clippers, Memphis Read more


Tags: NBA Oklahoma City Thunder Stat Intelligence




NBA Betting Alert: Money pouring in on San Antonio Spurs for Game 3

04.25.2013     12:41 PM     Printer Friendly
SportsMemo.com blog entry.
Some activity going on in the NBA betting markets for Friday’s Spurs-Lakers Game 3. San Antonio is off to a 2-0 series lead and opened as a 2.5-point road favorite. After getting bet to -3 CRIS just moved the game to -4. Most Las Vegas shops remain at -3 while the entire offshore world is -3.5/-4. Line history courtesy of CRIS.

copy_spurs_lakers.JPG

 



Tags: NBA San Antonio Spurs Los Angeles Lakers




NFL player has charges dismissed in casino case

04.23.2013     06:40 AM     Printer Friendly
UPDATE

The one where an NFL player allegedly cheated at craps at a Las Vegas Casino but the charges were dismissed.





NFL player nabbed for cheating Vegas casino

03.15.2013     11:14 AM     View Original Blog


The one where an NFL player gets busted for allegedly cheating at craps at a Las Vegas Casino.








Teddy Covers' Las Vegas Wise Guy Report: NFL Week 1 lines and the upcoming draft

04.22.2013     08:15 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
It’s time to give Jay Kornegay and his staff at the LVH Superbook credit once again for being the first to market here in Las Vegas with Week 1 NFL numbers.  Don’t tell me Kornegay wasn’t ready!  The NFL announced the 2013 schedule last Thursday evening, and the LVH had their sides and totals posted by noon on Friday.  For an older, non-strip property that lacks a marque signature attraction, Kornegay’s aggressive bookmaking tactics have, quite frankly, allowed the LVH to remain relevant in a difficult era for many similar aging off-strip casinos.

When those Week 1 pointspreads were posted, bettors didn’t flock to the betting windows to lock up their money until September with a wager.  In fact, the betting marketplace gave a collective yawn, with only a handful of big bets written over the weekend on sides or totals.  Why the lack of initial movement?  Two reasons!

First, Jay put up good numbers.  There were no obvious “mistake” lines causing a flurry of betting activity.  And secondly – probably most importantly – we haven’t seen competing books put up alternate Read more


Tags: NFL Teddy Covers




NBA Betting News: Season Over/Under bets canceled for Celtics and Pacers

04.16.2013     07:43 AM     Printer Friendly
SportsMemo.com blog entry.
Due to the unfortunate circumstances of yesterday's Boston Marathon bombing, the Boston Celtics canceled their game against the Indiana Pacers. Both teams had already locked up their respective playoff seeds but for bettors there was still something to play for with Indiana (49-31) right on its regular season over/under wins mark. According to LVH oddsmaker Jeff Sherman, Las Vegas rules indicate that a team must play all 82 regular season games for a season o/u bet to be final. As a result, all wagers on the Celtics and Pacers, both under and over, were canceled.


Jeff Sherman ‏@golfodds 12h
@JPowerline we dislike having this situation arise but going into the season try to come up with the fairest stipulations for both sides

Jeff Sherman ‏@golfodds 13h
@WagerMinds we opened Pacers 51, went as low as 49.5 ... they're sitting at 49 wins so tomorrow's game meant quite a bit to it

Jeff Sherman ‏@golfodds 14h
with the cancellation of tomorrow's Celtics/Pacers game, season wins on those two teams are refunds as team must play 82 games for action






Tags: NBA Boston Celtics Indiana Pacers




Teddy Covers' Las Vegas Wise Guy Report: Miami Heat fit the profile of a champion

04.15.2013     07:50 AM     Printer Friendly
SportsMemo.com blog entry.
Every year, prior to the end of the regular season, I write a column I call ‘Who Has What it Takes to Win the Big Dance”.  After Louisville’s NCAA Tournament Championship this year, we’ve seen future champions fit a specific statistical profile in 15 of the last 16 tournaments.  As a result of that specific statistical profile, I can simply go through all the contending teams, one by one, to see which squad has the best chance (or one of the best chances) to cut down the nets following six consecutive victories over a three week span.

I do not go through a specific statistical profile that predicts NBA playoff success the same way I do for college.  And while the NCAA Tournament is a relative sprint, the NBA Playoffs are an extended, two month long marathon; a war of attrition as much as anything else.  A race towards a four series, 16 victory championship requires talent and health.

We don’t see longshots winning NBA titles very often.  The biggest surprise teams to win a title in the last two decades – the 2004 Pistons and the 2011 Mavericks – were both deep, veteran, defensive minded Read more


Tags: NBA Teddy Covers Miami Heat




LVH oddsmaker Jeff Sherman gears up for the Masters

04.11.2013     07:07 AM     Printer Friendly
SportsMemo.com blog entry.
Cool article on LVH golf oddsmaker Jeff Sherman. Sherman has been doing it for 20 years and claims that he does not copy or shade lines from other sportsbooks.


“A tremendous amount of number-crunching and researching goes into any kind of oddsmaking, but especially in golf,” Kornegay said. “Golfers tend to play certain courses differently. It’s not just the same basketball dimensions like our court back in Hickory. It’s different every week, so you’ve got to start over every week because of the changes.”





Tags: PGA



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