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Las Vegas sportsbooks posted big earnings in 2012

02.12.2013     07:36 AM     Printer Friendly
Las Vegas sportsbooks hauled in a $170 million profit in 2012 – nearly a 21% increase over 2011. The books reportedly clean up in pro and college hoops as well as September football.



Tags: Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: College Basketball's worst against the spread

02.11.2013     07:40 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Last week, I took a look at the best pointspread teams in all of college basketball, with the goal of assessing which teams were most likely to continue their ATS success down the stretch. This week, I’m taking the opposite approach; examining the very worst pointspread teams in college basketball. Why are they so bad against the spread? Will they continue to be overvalued as February rolls into March? Let’s find out!

The single worst pointspread team in all of college basketball this year has been IUPUI (Indiana-Purdue, Indianapolis); the type of team that only wiseguys bet on or against on a regular basis. At 5-17 ATS, no team in all of college basketball has suffered more pointspread defeats than the Jaguars this year. The Jaguars play in the Summit League, on the added board in college hoops – exclusive territory for sharps.

IUPUI has virtually no homecourt edge, covering just a single pointspread at home all year. They’ve been besieged with injuries and attrition; Read more


Tags: College Basketball Teddy Covers




College Basketball Gambling: Top ranked Indiana melts down at Illinois

02.08.2013     12:17 PM     Printer Friendly
SportsMemo.com blog entry.
Submitted by Stat Intelligence

Number one Indiana trailed for a fraction of a second in the second half Thursday night in its Big Ten road game against Illinois in Champaign-Urbana. It was the fraction of a second that mattered most…as Illinois hit a shot just before the buzzer to make it FIVE STRAIGHT WEEKS where the top team in the AP poll was knocked off its perch.

Illinois 74, #1 Indiana 72

2-Point Percentage: Indiana 48%, Illinois 50%

3-Point Shooting: Indiana 9/17, Illinois 9/24

Free Throws: Indiana 13/14, Illinois 13/15

1’s and 2’s: Indiana 45, Illinois 47

Rebounds: Indiana 28, Illinois 21

Turnovers: Indiana 14, Illinois 9

(Indiana 2-1 in Kenpom/Sagarin respectively, Illinois 56-51)

We talked about Indiana’s penchant for sloppiness in our coverage of the Michigan game last weekend. That was an issue here…as the team was -5 in the turnover category against an opponent that was second best Read more


Tags: College Basketball Illinois Fighting Illini Indiana Hoosiers Stat Intelligence




Super Bowl XLVII produces record handle for Nevada sportsbooks

02.05.2013     07:53 AM     Printer Friendly
The Nevada Gaming Control Board announced that a record $98,936,798 was wagered on Super Bowl XLVII. Nevada sportsbooks took home $7.2 million (7.3% hold).



Tags: NFL Super Bowl XLVII




Teddy Covers' Las Vegas Wiseguy Report: College Basketball's best against the spread

02.04.2013     11:06 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
The Super Bowl is in the rear view mirror after Sunday’s wild Baltimore victory, which can only mean one thing – college hoops is on center stage for the next eight weeks.  I’ve been writing game previews for ESPN.com/Insider for the last month, but I’ve yet to write a true ‘college basketball overview’ column for any publication so far this season.  That streak ends here.

I’m going take a look at the very best pointspread ‘regular board’ teams in the country in this week’s column.  The list of ATS juggernauts is likely to surprise many people due to its diversity.  Elite level teams aren’t necessarily pointspread winners, and bottom feeders can cash ticket after ticket if the betting markets set numbers that allow them to hang within the number as big underdogs.  Look no further than the single best ATS team in the nation so far this season. 

I’ll wager that less than a dozen people in the country knew that Fordham is the #1 ATS team in all of DI basketball this year; 14-5 against the number.  The Rams are 6-16 SU, just 2-5 in Atlantic-10 play.  Read more


Tags: College Basketball Teddy Covers




Nevada sportsbooks turn small profit from Super Bowl XLVII

02.04.2013     06:27 AM     Printer Friendly
SportsMemo.com blog entry.
Now that the smoke has cleared, it looks as if Baltimore's outright win and the game going over the total helped Nevada sportsbooks turn a small profit. Had San Francisco punched in six late and won by two or three, the books reportedly would have crushed.


“We’re a small winner,” reported Jimmy Vaccaro, the spokesman for William Hill sports books. “We ended up with some Ravens moneyline late, so that took some of our steam out. But we did OK.”

“If everyone did what we did, then I would expect we’d break the record,” MGM Resorts sports book director Jay Rood said. “We fared pretty well, but it’s difficult to say how everyone else did. There’s a strong possibility that some of the local places could have seen more Ravens money.”

“The props were a very small winner,” Vaccaro said. “The Kaepernick kid didn’t help. The safety and touchdown were two of the bigger ones of the day and we lost both of them, but we beat most of the other Read more



Tags: NFL San Francisco 49ers Baltimore Ravens Super Bowl XLVII




Sportsmemo's last minute guide to betting Super Bowl XLVII

02.03.2013     07:51 AM     Printer Friendly
SportsMemo.com blog entry.
Quick rundown of our Super Bowl XLVII blog coverage including free prop bet recommendations from the Sportsmemo Handicappers. Enjoy.

Let's Talk About the 49ers' Defense

Baltimore's Disruptive Defense

Oddsmakers hope to avoid San Francisco/Over combo

A really long list of places to go see the game in Las Vegas

Super Bowl MVP History

Read more


Tags: NFL San Francisco 49ers Baltimore Ravens Super Bowl XLVII




Perry's Super Bowl XX touchdown started the prop bet explosion

02.01.2013     07:32 AM     Printer Friendly
SportsMemo.com blog entry.
Cool article by David McIntire on the history of prop bets in Las Vegas.


As Ditka publicly down-played Perry’s role, the odds soared to as high as 75 to 1, potentially earning bettors $750 in winnings for every ten dollars bet on Perry to score. Then the national media picked up the story, relishing another colorful hook associated with a team that had created their own music video mid-season. As the publicity flowed in to Las Vegas, so did money. By kick-off the odds dropped to 2 to 1. Now a 10 dollar bet on Perry would only earn back 20 bucks.






Tags: NFL Las Vegas




Las Vegas provides bettors with endless options for Super Bowl XLVII

01.31.2013     06:59 AM     Printer Friendly
SportsMemo.com blog entry.
If you live in Las Vegas and are looking for somewhere to watch Super Bowl XLVII, here is your definitive guide courtesy of the Las Vegas Sun. The options range from $1 hotdogs and $2 beer specials to $400 group packages that include bottles of top shelf booze and enough Miller Lites to take down an elephant. Enjoy.



Tags: NFL Super Bowl XLVII Las Vegas




NBA Gambling: Estimated Power Ratings Based on Market Prices

01.28.2013     01:40 PM     Printer Friendly
SportsMemo.com blog entry.
Submitted by Stat Intelligence

Will try to update these at least once a week for the time being. May do that more often if trade news or other stories develop. As I worked through the numbers, a few teams seemed to be getting a little more respect at home than on the road…meaning slightly more than home court advantage by itself already suggests. So, I’ll have a few teams with different numbers for road and home.

86: Oklahoma City, Miami

85: San Antonio, LA Clippers

82: New York, Memphis, Denver (home)

81: LA Lakers (home), Denver (road), San Antonio when Duncan’s out

80: Houston, Brooklyn, Indiana, Golden State (home), Utah (home), LA Lakers (road)

79: Portland, Chicago, Atlanta, Golden State (road), Utah (road)

78: Milwaukee, Dallas, Boston without Rondo (a guess for now)

77: New Orleans, Washington

76: Philadelphia, Detroit, Toronto

75: Orlando

74: Phoenix, Minnesota

73: Sacramento

72: Read more


Tags: NBA Stat Intelligence



31

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Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Sammy P Sports, Ian Cameron, and Paul Stone. Listen to these handicapping experts daily on the Sportsmemo Radio Show from Noon-2 pm PST on Fox Sports 920AM in Las Vegas and the web at Sportsmemo.com.  Missed the Sportsmemo Radio Show?  Past shows are available on Sportsmemo.com's radio archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, AFL, and PGA? Check out the interactive sports betting posting forum, matchup statistics, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   Aug 30, 2014 03:10 AM.