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NFL Handicapping: Betting markets react to Brady suspension

05.12.2015     07:19 AM     Printer Friendly
SportsMemo.com blog entry.
No shock to see some betting market chaos following the announcement of Tom Brady's four-game suspension. Not only did it impact the Week 1 and Game of the Year lines but futures odds as well. A few Las Vegas oddsmakers chime in with what they feel Brady is worth to the pointspread. Cantor (CG Gaming) is one of the few sportsbooks currently offering a line of New England's Week 1 game vs. Pittsburgh. They reopened the game Patriots -1 and it was bet up to -1.5. The game originally opened -6.5.


The adjustments “are not enough,” The Wynn’s John Avello told The Linemakers on Sporting News. “I could see it as a pick or even the Steelers as the favorites.”






Tags: NFL New England Patriots




Teddy Covers' Las Vegas Wiseguy Report: Wizards and Grizzlies have been postseason ATS darlings

05.11.2015     08:27 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The 2014 NBA Playoffs were something of an exception to the rule, because there were no red hot pointspread runs to open the playoffs.  In most years, one or two teams stand out as postseason pointspread overachievers as the playoffs begin.  This year, for example, we’ve got two of them – the Memphis Grizzlies and the Washington Wizards, a combined 12-3 ATS through the first two rounds.  

I first really began paying serious attention to this phenomenon in 2009, when the Denver Nuggets opened up the playoffs on a 12-0 ATS run (11-0-1 ATS for some).  My clients and I were onboard for 11 of those 12 ATS victories; and I vowed to look for and find similar teams in the future – teams that hit their stride in late April after being widely overlooked by both bookmakers and bettors at the start of the postseason for whatever reason.

In 2010, Orlando swept their first two opponents in the playoffs, going 7-0-1 ATS in the process. The Phoenix Suns were also major moneymakers, going 8-2 ATS before running into the Lakers in the Western Conference Finals.  2011 saw the Dallas Mavericks open up the playoffs by cashing at a Read more



Tags: NBA Memphis Grizzlies Washington Wizards Teddy Covers




NFL Handicapping: Westgate SuperBook posts Game of the Year pointspreads

05.06.2015     07:03 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas' Westgate SuperBook just released its NFL Game of the Year lines. Enjoy.

Thursday, September 17
Denver at Kansas City pk

Sunday, September 20
San Francisco at Pittsburgh -3.5
Dallas at Philadelphia -2.5
Seattle at Green Bay -2.5

Monday, September 21
NY Jets at Indianapolis -7.5

Thursday, September 24
Washington at NY Giants -5.5

Sunday September 27
Cincinnati at Baltimore -3
Chicago at Seattle -9.5
Denver at Detroit pk

Monday, September 28
Kansas City at Green Bay -6.5

Thursday, October 1
Baltimore at Pittsburgh -3

Sunday, October 4
NY Jets vs. Miami -3 (London)
Green Bay -3 at San Francisco
Dallas at New Orleans -1

Thursday, October 11
New Orleans at Philadelphia -4
New England -1.5 at Dallas
San Francisco at NY Giants -3

Monday, October 12
Pittsburgh at San Diego -2

Thursday, October 15
Atlanta at New Orleans -3.5

Sunday, October 18
San Diego at Green Bay -7
Baltimore at San Francisco pk
New England at Indianapolis -3

Monday, October 19
NY Read more



Tags: NFL Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Drafting quarterbacks in the first round

05.04.2015     08:06 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
To QB or not to QB; that is the question. And when it comes to breaking down the NFL Draft, those QB questions stand paramount.

Jameis Winston was loaded with character questions; a QB with a lack of maturity and poor decision making off the field made his tenure in Tallahassee controversial, to say the least.  Marcus Mariota didn’t have those same character concerns but he can’t match Winston’s full skill set either – there was no ‘Manning- Leaf debate’ over who would go #1 overall between the two prospects.  And yet that duo was drafted #1 and #2 overall by the Bucs and Titans in the NFL draft this past weekend.

There are two basic schools of thought when it comes to taking a QB with a first round pick in the NFL Draft.  One thought is that high draft choice QB busts set the franchise back, often for years.  There are as many (or more) busts as there are QBs that develop into effective starters.  Wasting a first round pick on a QB that doesn’t pan out – particularly when reaching or trading up to acquire the pick – can be nothing short of devastating for a franchise.  Read more



Tags: NFL Teddy Covers Las Vegas




Las Vegas sportsbooks gladly take big bets on Mayweather-Pacquiao

05.01.2015     07:25 AM     Printer Friendly
SportsMemo.com blog entry.
We know of Las Vegas sportsbooks that won't take over a dime on a college football total and yet they are reportedly accepting six figure wagers on Saturday's Mayweather-Pacquiao fight without manager approval.


"You get a big bet on Mayweather, you get six tickets right behind it -- 20, 100, 150, 200 (dollars) -- on Pacquiao," he said. "The ticket ratio in this fight will never, ever, ever go below five to one. The Filipinos love their guy, but they're not going to rush in and bet millions of dollars on these fights. They're betting on their guy. They just want a ticket in their pocket for $20 and they want to see their guy knock off the king."



 




Tags: Boxing Floyd Mayweather Manny Pacquiao Las Vegas




Las Vegas sportsbook takes three massive bets on Mayweather

04.30.2015     08:22 AM     Printer Friendly
SportsMemo.com blog entry.
According to Westgate Sportsbook oddsmaker Jay Kornegay, there have been three six-figure bets placed on Floyd Mayweather.


"America has to bet this fight," veteran sports book director Jay Kornegay of the Westgate Las Vegas Superbook said. "Everyone coming to this town, they're going to wager on this fight. And we think 70% of the action will come in from Thursday on."

"Most people would rather bet $20 and win $40, than bet $20 and win $10," Kornegay said. "We see it at the window: 'Yeah, I'll bet Mayweather,' then they see it's $21.50 to win $10, and they're like, 'Oh, what about Pacquiao?' "






Tags: Boxing Floyd Mayweather Manny Pacquiao Las Vegas




Will online gambling impact Las Vegas?

04.30.2015     08:16 AM     Printer Friendly
SportsMemo.com blog entry.
MGM CEO Jim Murren doesn't think that legalized online gambling will have a negative impact on his company's bottom line.


“I think people are going to go to Las Vegas for March Madness, they are going to go to Las Vegas for the Super Bowl. They are going to go, even if there is sports betting in New Jersey and other states,” Murren said, drawn by hotel, entertainment and dining attractions.







Tags: Las Vegas




Las Vegas sportsbooks likely to root for Mayweather

04.29.2015     07:38 AM     Printer Friendly
SportsMemo.com blog entry.
MGM oddsmakers Jay Rood talks about what going on in the betting markets for Saturday's Mayweather-Pacquiao fight.


FS: Is it fair to say at this point that the book's greatest exposure is a Pacquiao victory?

JR: Absolutely. I would have to say that most books are experiencing the same with the number dropping all around. At this point in time, most of the books are Mayweather fans. 






Tags: Boxing Floyd Mayweather Manny Pacquiao Las Vegas




Big weekend for Las Vegas with Mayweather-Pacquiao and Kentucky Derby

04.28.2015     08:00 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas oddsmakers feel that Saturday's Mayweather-Pacquiao fight will provide a boost to their handle on the Kentucky Derby.


''We've got a hook nobody talks about," he told the Newark Star Ledger this weekend in reference to how his book at the South Point seeks to offset the potential of ‘smart money’ failing to roll in on the fight. "The Kentucky Derby. They will be sitting in the sports book at 6:30, half of them freakin' drunk and they are going to be running around in a festive mood, and they are going to bet the Derby just to have something to do until the fight. I would bet we might just set a Derby record."






Tags: Boxing Floyd Mayweather Manny Pacquiao Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: NBA Eastern Conference Playoffs update

04.27.2015     08:26 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
We’re midway through the opening round of the NBA Playoffs and the Eastern Conference still looks noticeably weaker than the West, just as it was during the regular season.  The Cavs weren’t really tested in their sweep over Boston, facing a Celtics team that probably would have struggled to won 30 games against a Western Conference slate.  Atlanta is 0-3 ATS in its first three games against the Nets, looking nothing like the team that dominated the East for extended stretches before the All-Star break.  The Bulls blew a chance to close out their series with the Bucks with a sweep, unable to seal the deal in the closing minutes of Game 4. And while Washington has looked every bit as good as any of the other Eastern Conference contenders, there’s still a lingering stink from the Wizards second half struggles and Randy Wittman’s consistent failures at getting his teams to overachieve.

So which of those four teams (assuming the Hawks don’t blow the series against the Nets) is truly elite, capable of winning at least two more series to make it to the Finals?  Cleveland is the prohibitive favorite to come out of the East, Read more



Tags: NBA Teddy Covers Las Vegas



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