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College Football Gambling: Quick takes on bowl game motivation Part I

12.04.2012     01:29 PM     Andrew Lange     Printer Friendly
Submitted by Andrew Lange

SportsMemo.com blog entry.
It's bowl season and that means motivation becomes a big factor in our handicap. One thing bettors must realize is a lot can happen from now until game day. Teams off disappointing regular seasons have plenty of time to lick their wounds whereas the excitement of reaching the postseason for others can easily wear off. Let's have a little fun and try and forecast the current state of mind of these bowl bound squads. Part I today, Part II tomorrow.

Nevada vs. Arizona - Rich Rod has to be pleased to be bowling in his first year. And Nevada – who somehow owns the weaker defense in this matchup – is no doubt excited it doesn't have to play in the Military Bowl in DC. Edge: Arizona

Toledo vs. Utah State - Win the WAC, get shipped to the Potato Bowl...yippee! Finished tied for second in the MAC West, get shipped to the Potato Bowl...yippee! Edge: None

BYU vs. San Diego State - BYU has been locked into the Poinsettia Bowl for nearly a month. SDSU played in this same bowl back in 2010 and beat Navy 35-14. Edge: None

Ball State vs. Central Florida - Lose the C-USA Championship Read more


Tags: College Football Andrew Lange




Las Vegas sportsbook betting kiosks compromised

12.04.2012     07:51 AM     Printer Friendly
SportsMemo.com blog entry.
Looks like some bettors took advantage of a few glitches in Leroy's betting kiosks.


The scheme, discovered during the NCAA men's basketball tournament in March, involved exploitation of a weakness in the kiosks. The schemer or schemers would repeatedly hit the deposit button on the kiosks immediately after inserting cash, causing the wagering account to be credited for twice the amount of cash inserted. This resulted in ''cash on hand'' shortages in the accounting journals for the affected kiosks, the regulatory complaint says.






Tags: Las Vegas




College Football ATS Analysis: Alabama has high as a double-digit favorite over Notre Dame

12.03.2012     07:26 AM     Printer Friendly
SportsMemo.com blog entry.
The BCS Championship matchup is set with Alabama taking on Notre Dame, Monday, January 7. Let’s take a look at how the betting markets have reacted to the opening lines.

BetOnline and 5Dimes were two of the first books to post a line on the game. BetOnline opened Alabama -9.5 while 5Dimes opened -10.5. In Las Vegas, Wynn opened -10 while short thereafter, LVH tossed out a -7.5. Offshore, CRIS, Pinnacle and Greek also opened -7.5 but have seen a majority of the support come in on the Crimson Tide. Some may have scoffed at the opening number toss out by some of the “smaller” books but as of now, the -9.5/-10 proved to be more in line with the opinion of the betting markets. As of this morning, CRIS and Pinnacle are both at -9.5 while Heritage and Jazz are at -10. In Vegas, Alabama is anywhere from -8 to -9.



Tags: College Football Alabama Crimson Tide Notre Dame Fighting Irish




College Basketball Betting Free Play: Alabama Crimson Tide at Cincinnati Bearcats

12.01.2012     08:41 AM     Printer Friendly
SportsMemo.com blog entry.
Alabama at Cincinnati -6.5 O/U 130
Recommendation: Cincinnati


Toughest challenge of the season for Alabama's youthful lineup as they head up north to face a very experience and talented Cincinnati squad. The Crimson Tide are a perfect 6-0 with decent wins over South Dakota State, Oregon State and Villanova. But those were at home and on neutral courts. It will be very tough for a rotation that features 4 sophomores, 2 freshmen, and 2 juniors to go on the road to a hostile environment and hang for a full 40 minutes. Especially considering the Crimson Tide are notorious for their outside shooting struggles – you have to knock down threes in this type of underdog role. Cincinnati returns from a strong showing in Las Vegas with wins over Iowa State and Oregon. The Bearcats do at times live and die with the three but they have hit 40% thus far and will be in the comforts of home this afternoon. Defensively is where the Bearcats have looked the part. They held Read more


Tags: College Basketball Alabama Crimson Tide Cincinnati Bearcats Andrew Lange




Las Vegas sportsbooks are allowed to lay off bets at other books

11.30.2012     07:02 AM     Printer Friendly
SportsMemo.com blog entry.
Interesting interview with Sporting News and the Nevada Gaming Control Board's Chief of Enforcement. One question that a lot of folks are curious about is whether or not sportsbooks can lay off bets at other sportsbooks. Apparently they can, but not offshore and they must identify their intentions when doing so.



Tags: Las Vegas




College Football Handicapping: Bettors not eager to support Notre Dame

11.29.2012     07:35 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas oddsmakers weigh in on the potential matchups for the BCS National Championship. The Wynn is offering lines on both Alabama-Notre Dame and Georgia-Notre Dame with little support coming in on the Irish. The Crimson Tide were bet up to a 10-point favorite while the Bulldogs moved from -1 to -3.5.


“Four days from now, we’ll be rooting for Georgia to upset the Alabama Crimson Tide,” William Hill sports books spokesman Jimmy Vaccaro predicted.

“After talking to some of the people who bet a lot on football, they don’t think that team is for real,” Wynn race and sports director Johnny Avello said of Notre Dame. “That’s their opinion. A lot of people just don’t believe in them. That’s the problem.”






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




Feds take down another illegal sports betting operation

11.28.2012     06:45 AM     Printer Friendly
Jacktrade LLC, a defunct Las Vegas company, recently pleaded guilty to running an illegal offshore sportsbook. The case, which has been going on since 2006 (seriously?) is unrelated to the Mike Colbert/Cantor/Pinnacle bust.

"This allows Michael to claim gambling losses that were not his own and to create a tax windfall (generally in excess of $1 million) for himself at the end of each year," a court declaration says. "Additionally, this enables Michael's customers to remain anonymous and avoid filing any IRS documents."

"Patrons use telephones to place bets with the company in Curacao on horse and dog racing events occurring at various venues in North America," a 2001 memo from the Nevada Attorney General’s Office to Dennis Neilander, chairman of the state Gaming Control Board at the time, reads. "The bets are made against front money deposits with IRG in Nevada."









College Football Gambling: Notre Dame an underdog in virtually every BCS scenario

11.27.2012     08:04 AM     Printer Friendly
SportsMemo.com blog entry.
According to one report, Notre Dame would be an underdog to five of the six SEC teams currently ranked in the BCS top 10.


“Sporting News asked Kenny White, longtime oddsmaker in Las Vegas and one of The Linemakers on Sporting News for betting lines on potential games between the Irish and the six SEC teams ranked in the top 10 of the current BCS poll,” Hayes said. “Of those six teams, Notre Dame would be favored to win one game: against No. 10 South Carolina by 1 point.”






Tags: College Football Notre Dame Fighting Irish SEC




Train route between Los Angeles and Las Vegas in the works

11.26.2012     08:17 AM     Printer Friendly
SportsMemo.com blog entry.
Introducing the X Train, a proposed railroad route between Southern California and Las Vegas. For $99 each way, you can hop on train in Fullerton, roll with your bros to Vegas, drink as much as you can, maybe win a few bucks, and pass out on the ride home all without having to deal with pulling your car over nine times so your buddy Steve can dry-heave in the desert.


"The whole idea is when you get on a train, you feel like you're in Las Vegas," said Michael Barron, president and CEO of the $100 million venture that hopes to launch its maiden voyage on New Year's Eve 2013. "It's essentially a nightclub on wheels."





Tags: Las Vegas




Everything you need to know about online poker in Nevada

11.19.2012     12:15 PM     Printer Friendly
SportsMemo.com blog entry.
Good article from the Las Vegas Sun about the details of Nevada's push for online poker.

 

Without federal action, Internet poker likely will be approved and regulated on a state-by-state basis, like the lottery. Poker operators likely will face different rules and taxes by state. There will be no federal oversight, and Nevada regulators may not play the important regulatory role Reid envisioned.






Tags: Las Vegas Poker



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