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50 Cent joins the Celebrities Who Have Never Lost A Sports Bet club
01.23.2012 01:06 PM
Printer Friendly
The Sportsmemo Blog embraces all things gambling related, even if it includes 50 Cent and his
supposed winnings
($500k) from last weekend's NFL Playoffs. Mr. Cent claims to have cashed in on New York's win over San Francisco in the NFC title game – it was a "voice" that pointed him in towards the G-Men. Our own Teddy Covers was down at Las Vegas’ M Casino and sat nearby 50 Cent and undefeated boxer/undefeated sports bettor Floyd Mayweather. You can listen to Teddy's analysis of the celebrity sighting as well as both championship games
right here
. As for Mr. 50, he plans on passing along the extra scratch to his mother's church. No need for a collection plate this Sunday.
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Las Vegas oddsmaker surprised by betting action on New York Giants
01.23.2012 07:54 AM
Printer Friendly
Wynn sportsbook director John Avello was surprised by the early money coming in on the
New York Giants
for Super Bowl XLVI.
“I’m a little bit surprised,” Wynn sports book director John Avello said of the early movement. “I think it was an easy number to make. I was thinking 4 the entire time with the Giants. I was thinking Patriots by 6.5 over the 49ers.”
“Everything was shaping up perfectly there before the David Tyree catch,” MGM Resorts International sports book director Jay Rood recalled last week. “We needed the favorite winning, but not covering. So, no, I think the Giants and Patriots would give us a great opportunity this year. The matchup would be great to drive interest.”
Tags:
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New York Giants
New England Patriots
Super Bowl XLVI
Las Vegas
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A perfect match: Gambling and the Super Bowl
01.23.2012 07:38 AM
Teddy Covers
Printer Friendly
Submitted by Teddy Covers
Publicly, the NFL is among one of the staunchest opponents of legalized gambling. Former commissioner Paul Tagliabue and current commissioner Roger Goodell were instrumental in getting the anti gaming ‘Illegal Internet Gambling Prohibition Act’ attached to the Port Security Bill. The NFL has taken this stance despite the fact that its enormous popularity is, in no small part, due to the prevalence of betting on games.
The hypocrisy of the NFL in regards to betting is almost laughable. The facts, as you will see, clearly show that the league was founded by gamblers for gamblers. From the NFL’s first television appearance in 1939 through the current TV deal that pumps more than three billion dollars per year into the league coffers, the NFL’s popularity rests upon the shoulders of those who wager on the outcome of the games.
Here in the 21st century, the NFL is the most popular and profitable sport in the. NFL owners are among the richest men in the world; franchises are bought and sold for more than half a billion dollars. However, the league’s humble origins were anything but the extravagant bonanza that is the NFL today.
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Super Bowl XLVI
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Super Bowl XLVI Gambling: Early money comes in on New York Giants
01.23.2012 06:42 AM
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New York Giants
vs.
New England
-3 O/U 55.5
Odds on
Super Bowl XLVI
were posted immediately following last night's NFC Championship. Offshore, CRIS, Pinnacle and 5Dimes opened New England -3.5 but most of the early money came in on New York. In Las Vegas, the Hilton opened -3 and hasn't moved while the Wynn opened -4 (down to -3.5ev). Caesars also opened -4 but was bet down to -3.
“The public will still like New England,” Colbert told The Associated Press. “I don’t think people are actually hip to how good these NFC teams are.”
Executive Race and Sports Director Jay Kornegay of the Las Vegas Hotel & Casino says an injury to Patriots tight end Rob Gronkowski could have a big effect on the line, because if he doesn’t play the Giants
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New England Patriots
New York Giants
Super Bowl XLVI
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NFL Playoff Gambling: AFC Championship Power Ratings
01.20.2012 01:51 PM
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Las Vegas Hilton oddsmaker Jay Kornegay noted that his
power rating
for the AFC Championship was New England -6 but opened the game -7 and after a few bets was forced to move the line to -7.5. Sportsmemo handicapper Teddy Covers' power rating came out New England -6.5 while Rob Veno had New England -5.
"We went over all the ratings and came up with Patriots -6 initially," said LVH Super Book executive director Jay Kornegay who was one of the first to post the line in town. "We felt we’d test the waters a little bit with a key number and see where it drove us early on and posted it -7.
"Our first few bets came in on the Patriots and pushed the number quickly to -7½, so we were somewhat justified by the starting number," he added.
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NFL
New England Patriots
Baltimore Ravens
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Grantland reviews Las Vegas' Aria Casino sportsbook
01.20.2012 12:01 PM
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Grantland's Bill Barnwell reviews the sportsbook at
Las Vegas' Aria Casino
.
In the end, Aria's the top book because it does more things right than anyone else. The Hilton might have more futures bets. Caesars might be bigger. The Wynn might feel more opulent. The Aria can compete with all of them, though, and it takes second place to nobody on comfort, food and drink accessibility, and television quality.
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Las Vegas sportsbooks gear up for NFL Conference Championships
01.20.2012 06:53 AM
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Las Vegas oddsmakers Jay Kornegay and Jay Rood weigh in on this weekend's
conference championship
games.
“The sharps can see through the fog screens and see that the 49ers are a very good team,” Kornegay said. “They’ve supported them more than the general public, but I’m not sure they’re going to support them here. I wouldn’t be surprised if the sharps and the public wound up on the Giants.”
“I imagine we’ll go into kickoff needing the Niners,” Rood said. “But it’s not really bad. We aren’t getting annihilated on either side. In the future book, we are fine.”
“We should get a lot of volume on this game,” Rood said. “From a public standpoint, it’s mostly Patriots. But from a professional standpoint, I think the sharps see value on the Ravens.”
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Oddsmaker says 49ers-Giants line will be close to a pick
01.19.2012 11:28 AM
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Las Vegas Hilton oddsmaker
Jay Kornegay
offers his opinion on where he thinks the San Francisco-New York line is headed. The 49ers are currently -2.5 across the board.
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San Francisco 49ers
New York Giants
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Las Vegas Hilton posts odds on 2013 Super Bowl
01.19.2012 05:50 AM
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The Las Vegas Hilton Superbook has already posted odds on
next year's Super Bowl winner
with the Green Bay Packers 5-1, New Orleans 6-1 and New England 8-1 topping the list. You can also grab some 100-1 on Cleveland, Washington, St. Louis and Jacksonville.
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NFL Playoff Gambling: Sportsbooks drop Baltimore-New England line to 6.5
01.18.2012 01:39 PM
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Earlier this afternoon we saw offshore sportsbooks CRIS and Grande drop the line to 6.5 for Sunday's Baltimore-New England game. The number didn't last but about 20 minutes before bouncing back New England's way to -7. We didn't notice any major Las Vegas books budge off of 7/7.5. Below is CRIS's line history since late Sunday.
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Baltimore Ravens
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