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June

24

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CG Technology looking to sell

03.21.2017     09:23 AM     Printer Friendly
SportsMemo.com blog entry.
Good article on the downfall of Cantor Gaming (CG Technology). Once primed to take the Las Vegas sportsbook scene by storm, the company has dealt with various setbacks that have led to it been reportedly being shopped around.



Tags: Las Vegas




New sports betting documentary to be released later this month

03.21.2017     09:15 AM     Printer Friendly
SportsMemo.com blog entry.
A new sports betting documentary, "Now Place Your Bets: The history of sports betting in America", will premiere later this month at the Eclipse Theater in downtown Las Vegas. Click here for more details.



Tags: Las Vegas




MLB Handicapping: 2017 Regular Season Over/Under Wins Atlantis vs. Westgate

02.22.2017     11:00 AM     Printer Friendly
Last week, Reno's Atlantis Sportsbook released its 2017 MLB Season Over/Under Wins. This week, Las Vegas' Wesgate Superbook did the same and between the two books, there is a LOT of varying opinions. Check them out for yourself...

2017 MLB Regular Season O/U Wins - Atlantis vs. Westgate
Team
2016 Wins
Atlantis
Westgate
Arizona
69
78.5
77.5
Atlanta
68
71.5
75.5
Baltimore
89
84.5
79.5
Boston
93
90.5
92.5
Chicago Cubs
103
95.5
96.5
Chicago White Sox
78
73.5
68.5
Cincinnati
68
73.5
70.5
Cleveland
94
92.5
93.5
Colorado
75
79.5
80.5
Detroit
86
85.5
83.5
Houston
84
87.5
91.5
Kansas City
81
80.5
74.5
LA Angels
74
76.5
80.5
LA Dodgers
91
91.5
94.5
Miami
79
77.5
76.5
Milwaukee
73
72.5
69.5
Minnesota
59
70.5
75.5
NY Mets
87
89.5
88.5
NY Yankees
84
83.5
83.5
Oakland
69
66.5
74.5
Philadelphia
71
72.5
72.5
Pittsburgh
78
85.5
82.5
San Diego
68
64.5
67.5
San Francisco
87
87.5
87.5
Seattle
86
85.5
85.5
St. Louis
86
87.5
83.5
Tampa Bay
68
75.5
78.5
Texas
95
86.5
84.5
Toronto
89
86.5
84.5
Washington
95
90.5
91.5





Tags: MLB Las Vegas




Nevada sportsbooks have profited in 21 of the last 23 Super Bowls

02.07.2017     09:26 AM     Printer Friendly
Chart of the profits Nevada sportsbooks have pulled in from the Super Bowl dating back to 1995. Over the last 23 years a total of over $2 billion has been wagered on the Super Bowl in the state of Nevada.  During that span, the books have won over $155 million. Results courtesy of the Nevada Gaming Control Board.

Nevada Sportsbook Super Bowl Profits 1995-2017
Year
Matchup
Wagered
Net Profit
Win%
2017
New England 34, Atlanta 28
$138,480,136
$10,937,826
7.90%
2016
Denver 24, Carolina 10
$132,545,587
$13,314,539
10.10%
2015
New England 28, Seattle 24
$115,986,086
$3,261,066
2.8%%
2014
Seattle 43, Denver 8
$119,400,822
$19,673,960
16.50%
2013
Baltimore 34, San Francisco 31
$98,936,798
$7,206,460
7.30%
2012
NY Giants 21, New England 17
$93,899,840
$5,064,470
5.40%
2011
Green Bay 31, Pittsburgh 25
$87,491,098
$724,176
0.83%
2010
New Orleans 31, Indianapolis 17
$82,726,367
$6,857,101
8.30%
2009
Pittsburgh 27, Arizona 23
$81,514,748
$6,678,044
8.20%
2008
NY Giants 17, New England 14
$92,055,833
-$2,573,103
-2.80%
2007
Indianapolis 29, Chicago 17
$93,067,358
$12,930,175
13.90%
2006
Pittsburgh 21, Seattle 10
$94,534,372
$8,828,431
9.30%
2005
New Engand 24, Philadelphia 21
$90,759,236
$15,430,138
17.00%
2004
New England 32, Carolina 29
$81,242,191
$12,440,698
15.30%
2003
Tampa Bay 48, Oakland 21
$71,693,032
$5,264,963
7.30%
2002
New England 20, St. Louis 17
$71,513,304
$2,331,607
3.30%
2001
Baltimore 34, NY Giants 7
$67,661,425
$11,002,636
16.30%
2000
St. Louis 23, Tennessee 16
$71,046,751
$4,237,978
6.00%
1999
Denver 34, Atlanta 19
$75,986,520
$2,906,601
3.80%
1998
Denver 31, Green Bay 24
$77,253,246
$472,033
0.60%
1997
Green Bay 35, New England 21
$70,853,211
$2,265,701
3.20%
1996
Dallas 27, Pittsburgh 17
$70,907,801
$7,126,145
10.10%
1995
San Francisco 49, San Diego 26
$69,591,818
-$396,674
-0.60%
 
 
$2,049,147,580
$155,984,971
7.61%





Tags: NFL Super Bowl LI Las Vegas




Super Bowl LI Gambling: Vegas sportsbooks indicate small profit

02.06.2017     09:50 AM     Printer Friendly
SportsMemo.com blog entry.
Word around Las Vegas is that Super Bowl LI was a "small" win for the sportsbooks. The action on the game was fairly balanced but what hurt was all of the plus-price in-game wagers on New England. The good news for the books was that the game didn't land 3.


“In-play was the killer. That was, by far, the worst thing that ever happened,” William Hill sports book director Nick Bogdanovich said. “Everybody was taking the big plus price on New England when they were down 28-3.

 “Any time a real good team gets down in any sport, it’s always bad. And you magnify it on the Patriots in the Super Bowl. They had infinite opportunities to take them on the money line, to take a little to make a lot.”






Tags: NFL New England Patriots Atlanta Falcons Super Bowl LI Las Vegas




Gambling Update: Raiders to Vegas hits major speed bump

01.31.2017     06:39 AM     Printer Friendly
UPDATE

And just like that, the Raiders to Las Vegas goes from being chalk to an underdog.


“This is not a wrench in the wheel, the wheel fell off,” Clark County Commission chair Steve Sisolak told The Nevada Independent. “This is an enormous setback in my opinion.”







Raiders take another step towards Las Vegas

01.20.2017     08:45 AM     View Original Blog


So this Read more



Tags: NFL Oakland Raiders Las Vegas




Super Bowl LI Gambling: Oddsmakers say no reason yet to move pointspread

01.31.2017     06:34 AM     Printer Friendly
SportsMemo.com blog entry.
A couple of Las Vegas oddsmakers talk about the Super Bowl's pointspread opening and still holding firm at "3."


“I’ve taken a couple big bets on the Patriots (six-figures),” said Wynn sportsbook director John Avello, “but even without those wagers we’d still be relatively even with bets and it’s also counting a good size pop we took on the Falcons as a result of being at +3 EVEN. There’s a ways to go before I start to move anything, but my initial thoughts were that if the number moved off 3 it wouldn’t be down to -2.5, but rather -3.5.”

“I want to get off 3 if I can, but if it doesn’t make sense then there’s no reason for us to go,” said Jay Rood, VP of race and sports for MGM Resorts.






Tags: NFL Super Bowl LI Las Vegas




Betting markets remain quiet with Super Bowl LI less than a week away

01.30.2017     09:25 AM     Printer Friendly
SportsMemo.com blog entry.
We're less than a week away from Super Bowl LI and thus far, the betting markets have been pretty quiet. Despite the "high profile vs. low profile" matchup, sportsbooks have kept the game lined at a field goal. Offshore, there are a number of books that are "leaning" towards the Falcons. Pinnacle and Matchbook have New England -3 (+108). CRIS, Greek, and Grande -3 (-105). But what really stands nearly every Las Vegas sportsbook is sitting at a flat -3 (-110). Golden Nugget has New England -3 (-115) and Treasure Island is asking bettors to lay an absurd 40 cents worth of juice on a Falcons +3.5 bet. There will no doubt be some movement and opinion as we near Sunday. Those is the Vegas area should be able to get Atlanta +3.5 at a reason price.




Tags: NFL Atlanta Falcons New England Patriots Super Bowl LI Las Vegas




Las Vegas sportsbooks offer multitude of Super Bowl LI parties

01.30.2017     09:04 AM     Printer Friendly
SportsMemo.com blog entry.
Here's a link to the details of all of the Super Bowl LI viewing parties in Las Vegas. Packages range from high-end to free hot dogs.




Tags: NFL Super Bowl LI Las Vegas




Super Bowl LI Gambling: Atlanta Falcons saw little to no preseason futures action

01.30.2017     08:57 AM     Printer Friendly
SportsMemo.com blog entry.
You would think sportsbooks would be exposed if the Atlanta Falcons win Super Bowl LI due to their big odds heading into the season (as high as 100-1). According to one Las Vegas sportsbook, Atlanta was the second-least bet team in terms of Super Bowl futures.


“We’d actually do better on the Falcons (winning) than the Patriots,” Simbal said. “In fact, before the season started, they were the second-least bet team. Only the Titans had less.”

“They’re not a real public team,” Esposito said. “Even after their hot start, there were still a lot of nonbelievers.”






Tags: NFL Atlanta Falcons New England Patriots Super Bowl LI Las Vegas



3

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"Las Vegas'"

June

23


 
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