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Big weekend for Las Vegas bettors and sportsbooks

01.04.2013     12:59 PM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas sportsbooks gear up for a big weekend starting with Saturday's two NFL Wild Card matchups and ending Monday with the BCS National Championship.


“The national championship game will be equivalent to the pro games for us,” Wynn Las Vegas Race and Sports Director John Avello said. “Normally, the pro games are bigger, but this year they’re all going to be big writes.”

“I’d suggest that game will be the biggest turning point of the weekend,” Vaccaro said. “I’m almost sure we’ll need Minnesota, but not because of straight bets. The Packers will be tied into every parlay and teaser.”

“People who are betting Alabama are going to lay the 9.5 points,” Vaccaro said. “But there are a lot of people who would just rather root for Notre Dame to win. We’ve gotten a little attacked on the Notre Dame moneyline. That’s what we’re seeing so far, and I think that could be what we keep seeing.”





Tags: College Football NFL Las Vegas




NFL Wild Card Handicapping: Line moves update

01.03.2013     12:25 PM     Printer Friendly
SportsMemo.com blog entry.
A quick look at this weekend's NFL Wild Card line moves.

Cincinnati at Houston
CRIS Opener: Houston -5 O/U 44
CRIS Current: Houston -4.5 O/U 43.5

Early money came in on the Texans driving the line down to -4 but those were quickly bought up. The total has been bet down from and opener of 44 to as low as 43. A rematch of last year's Wild Card in which Houston won 31-10 as 4-point home favorites. The total in that game closed 38.

Minnesota at Green Bay
CRIS Opener: Green Bay -8 O/U 45.5
CRIS Current: Green Bay -8 O/U 46

Sportsbooks not scared to death by bettors teasing Green Bay below a field goal have been dealing -8 and -7.5 for much of the week. Pinnacle of course protecting themselves with -9.5 +115. The prevailing total is 46 with Greek dealing 46.5 and Grande 45.5. Weather expected to be decent; 25 degrees with a small chance of snow.

Indianapolis at Baltimore
CRIS Opener: Baltimore -6.5 O/U 46.5
CRIS Current: Baltimore -7 (-115) O/U 47

Earlier today, all of the 6.5's were taken out as Baltimore is now a touchdown favorite across the board. Read more


Tags: NFL Baltimore Ravens Indianapolis Colts Washington Redskins Seattle Seahawks Green Bay Packers Minnesota Vikings Houston Texans Cincinnati Bengals




Las Vegas hosts World Series of Beer Pong VIII

01.03.2013     08:28 AM     Printer Friendly
SportsMemo.com blog entry.

"These people come out here not because they like to drink but because they like to meet people, have a good time," Gaines said.



Yes, folks, quotes like that can only mean one thing – the World Series of Beer Pong is back. Channel your inner-bro and get down to Las Vegas’ Flamingo Hotel and Casino. Winner takes home 50K!




Tags: Las Vegas




BCS Championship: Average bettors show support for underdog Notre Dame

01.02.2013     08:40 AM     Printer Friendly
SportsMemo.com blog entry.
Alabama -10 vs. Notre Dame O/U 41.5

According to some reports, the betting pattern for the BCS Championship up until this point has been the public on Notre Dame and the sharps on Alabama. The Crimson Tide remain a 10-point favorite offshore with a majority of Las Vegas sportsbooks dealing 9.5.


“After the initial money came in driving the game to 9.5, it has slowed down a bit as concentrations has been spread to the other bowls,” Sherman said in an email. “When the majority of the money comes in on the days leading up to the game, I still expect it to be one of the most heavily wagered BCS Championship Games in recent memory.”






Tags: College Football Notre Dame Fighting Irish Alabama Crimson Tide SEC




Las Vegas oddsmakers painfully remember Week 9 of the NFL regular season

01.02.2013     07:10 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas oddsmakers look back the disastrous NFL Week 9 in which favorites went 10-2 ATS and seven games went OVER the total.


"It's like you're a passenger trapped on a train to hell," said Jay Rood, whose 12 MGM Resorts' sports books at properties including Mandalay Bay, Mirage and Bellagio took a seven-figure hit that day.

"We know people will bet the Packers regardless, but all it takes is one sharp to say, 'Here's $50,000 on the Vikings,' to counteract making a [quick] line simply for the public," Kornegay said.

"Looking at this, I can tell you we'll need the underdogs to win in every game. Again," he said.






Tags: NFL Las Vegas




College Basketball Betting Free Play: Oregon Ducks at UTEP Miners

12.19.2012     11:39 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Oregon -4.5 at UTEP O/U 129
Recommendation: Oregon


Dana Altman has been a master at guiding his teams to wins in close games dating all the way back to his first head coaching job at Kansas State in back in the 90's. It was a similar story during his decade and a half coaching at Creighton.

Altman took a seven win Bluejays team upon arrival and turned them into an NCAA tourney team from a 1 or 2 bid conference for five consecutive years within four years of taking the job. He's building a similar program at Oregon; a squad that won seven PAC-12 games in his first year on the job, then went 13-5 in conference last year. Oregon is, quite simply a well-coached team that is quite likely to make us money this year, just like they did last year when they were a 'Top 25' team in terms of profitability!

The Ducks are balanced, with six players averaging between nine and eleven points per game, able to withstand a poor performance from just about anyone on Read more


Tags: College Basketball Oregon Ducks UTEP Miners Teddy Covers




Vegas sportsbooks happy to see San Francisco's win over New England

12.17.2012     01:21 PM     Printer Friendly
SportsMemo.com blog entry.
San Francisco's win over New England and Detroit's egg at Arizona helped Las Vegas sportsbooks turn a profit for Week 15.


"The Lions losing was huge for us," said Osborne. "You basically had two teams playing for nothing, both on long losing streaks, but the public all sided with the Lions and their offense. The Cowboys’ overtime win against the Steelers was also good for us. It was the last posted event for us and all the major liability from the day made the Steelers a pretty big loss for us."

"Everything we won on the day would have been given back had the Patriots covered the spread," said South Point sports book director Bert Osborne.





Tags: NFL Las Vegas San Francisco 49ers Detroit Lions




Nevada's push for online poker goes stagnant

12.17.2012     06:56 AM     Printer Friendly
SportsMemo.com blog entry.
You can stop holding your breath, legalized online poker in Nevada will have to wait until at least 2013. Great read on the current situation courtesy of the Las Vegas Sun.


“As much as I would prefer a different outcome the reality is that we have simply run out of time in the legislative calendar to pass an Internet poker bill," Reid said. "I am disappointed but Senator Heller and I remain committed to this issue and it will be a priority for us in the new Congress.”

“I think this is sort of typical of politicians: It’s never Congress’ fault that they didn’t get their act together; there’s always some other reason,” said Alan Feldman, spokesman for MGM Resorts International, a member of the AGA. “If you’re a Democrat, it’s the Republicans’ fault; if you’re a Republican, it’s the Democrats’ fault; and if you’re trying to toe the line with both, it’s someone else’s fault. If someone wants to use that as an excuse Read more



Tags: Las Vegas




Pacquiao vs. Marquez Part IV: Pacquiao a -250 betting favorite

12.07.2012     02:28 PM     Printer Friendly
SportsMemo.com blog entry.
Manny Pacquiao will face Juan Manual Marquez for a fourth time on Saturday at the MGM Grand in Las Vegas. Offshore, Pacquiao opened as a -350 favorite but money on Marquez has most shops currently around -250. Pacquiao is +130 to win by decision while Marquez is +350. Pacquiao last defeated Marquez in November of 2011 as a -850 favorite.








William Hill sportsbook offers $20 College Football Bowl contest

12.05.2012     08:14 AM     Printer Friendly
SportsMemo.com blog entry.
For those of you living in Las Vegas be sure to check out William Hill's College Football Bowl Challenge. The contest costs $20 as players select 20 games against the spread. No limit on the amount of entries per person. Winner takes home $10,000.


“This bowl contest, it’s something we’ve thought about for a while,” William Hill Director of Public Relations Jimmy Vaccaro said. “It should be a fun contest, and it will be exciting if someone hits the $50,000 bonus to cap off what’s already been an outstanding college football season.

“This contest is not just one-of-a-kind, but it will be fun, because bowl season is just so unpredictable. Plus, a $20 bill gets you action for more than three weeks, which is hard to top.”






Tags: College Football



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