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January

21

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Mayweather no longer a big draw at betting window

09.15.2014     12:47 PM     Printer Friendly
SportsMemo.com blog entry.
Despite a lifetime undefeated mark of 47-0, Las Vegas bettors aren't really into betting Floyd Mayweather these days.


"We took a couple big bets on Floyd, but not as many as in the past," said John Avello, executive director of the Wynn Race and Sports Book. Rood said the MGM took a couple of six-figure bets on Mayweather, but not nearly as many as in previous fights.

"Floyd's not the most popular guy," Bogdanovich added. "His fights aren't really exciting. People are tired of it."









Tags: Floyd Mayweather Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: NFL Week 2 Betting Recap

09.15.2014     07:18 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
My September NFL betting mantra is relatively simple.  It can be stated in one sentence: “Bet on good teams, and bet against bad teams.”   This strategy tends to be at its best  very early in the season, before the betting markets catch up to how good or how bad teams actually are compared to last year. 

That strategy did not fare well this past weekend for two reasons – many of the good teams played poorly and a good handful of the bad teams stepped up.  Of the seven top teams in my power ratings, only two managed to cover the pointspread on Sunday (Cincinnati and New England).  Seattle, New Orleans and San Francisco all lost SU as favorites.  Denver won, by not my enough of a margin to cover the number.  And Green Bay pushed against the closing number but lost for anyone who bet the Packers throughout the course of the week.

On the other end of the spectrum, many of the bottom teams in my power ratings stepped up and played a good game.  The worst two teams in the league – Jacksonville and Oakland, according to my numbers – are both 0-2 SU, 0-2 ATS.  Other weak teams like the Read more



Tags: NFL Teddy Covers




NFL Gambling News: Vegas sportsbooks make out like bandits in Week 1

09.10.2014     07:47 AM     Printer Friendly
SportsMemo.com blog entry.
Big opening week in the NFL for Las Vegas sportsbooks as multiple "ugly" underdogs cashed tickets.


“This was the best opening day we’ve ever had here,” said Golden Nugget sports book director Tony Miller. “Just about every game we needed came through for us beginning with our biggest, the Falcons, and then the rest just followed suit like the Browns, Dolphins and then the Panthers. It wasn’t a good day for those that bet parlays on the afternoon.”

“There was so much public money on Denver and even when I raised it higher than the market number, I was still getting action on them with limit straight bets and parlays,’ said Miller. “They couldn’t get enough of Denver.”









Tags: NFL Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: Under- and over-reacting to early season football results

09.08.2014     07:50 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
I probably heard the same expression 20 times last week: ‘Don’t overreact to Week 1 results.’   It’s one of those handicapping mantras that we hear every year right around this time – the very beginning of football season. 

In basketball or baseball there’s no week off between the first two games and the early season betting markets don’t react intensely off a single poor performance.  But for football – both NFL and college – the prevailing conventional wisdom is that Week 1 results are a thing to take with a grain of salt.

The concept certainly makes sense.  Coaches – especially college football coaches – will tell you that they expect their biggest improvement between Week 1 and Week 2.  Without the benefit of preseason games or even scrimmages against opposing squads, teams often ‘work out the kinks’ and ‘get up to game speed’ in their initial contest.  The team you expected to see this year (at least for bettors who do some homework and have opinions coming into the campaign) might not be the team you saw in Week 1, but there’s Read more



Tags: NFL College Football Teddy Covers




Oddsmaker says Chicago Bears are an OVER team

09.05.2014     10:55 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas oddsmakers Jay Kornegay, Jimmy Vaccaro, and Chris Andrews weigh in on the Chicago Bears. Kornegay said the Bears will be in a lot of shootouts this season.


Kornegay: When you’re talking about moving numbers below 10, that takes quite a bit of money. A half game is very valuable. To win the Super Bowl, the most money is on the Seahawks. But the most tickets we’ve sold to win it are on the Bears, Packers and Vikings. Midwesterners bet on their teams. I’ve always told people that once the Cubs win the World Series, I’ll probably be out of a job.






Tags: NFL Chicago Bears




Sportsbooks get hammered on Temple's upset over Vanderbilt

09.03.2014     11:42 AM     Printer Friendly
SportsMemo.com blog entry.
Not surprising, a lot of sportsbooks got nailed on last Thursday's Temple-Vanderbilt result. The Commodores opened -17 back in late July at CRIS but closed -8.5. Sportsmemo Handicapper Erin Rynning and his clients were a part of the move as ER released +13.5. The end result was a lopsided 37-7 Owls victory.


Stoneback estimated he took "at least eight or nine" $5,000 limit bets on Temple in addition to a few larger bets from casino players who were staying at the hotel and were offered extended limits.

"There wasn't any money on Vanderbilt," Stoneback said. "It was disastrous."






Tags: College Football Tempe Owls Vanderbilt Commodores Erin Rynning




Plenty of football handicapping contests to choose from

09.03.2014     05:58 AM     Printer Friendly
SportsMemo.com blog entry.
Anthony Curtis gives us the scoop on some of this year's Las Vegas football contests.




Tags: NFL College Football Las Vegas




Teddy Covers' Las Vegas Wiseguy Report: NFC East Reg Flags

09.02.2014     07:06 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Bettors react strongly to the NFL Preseason.  First string offenses that look good in August tend to attract betting market support.  The markets are much less reactive to defensive success or failure compared to offensive production.  And bettors tend to largely ignore coaching gameplans; unable to differentiate between coaches who were aggressively trying to set a tone for winning or whether their primary focus was on roster evaluation and personnel decisions.

The two primary areas where preseason results affect the betting markets are adjusting Week 1 numbers and moving the juice on season over/under win totals.  Some of these line moves are absolutely warranted; others are based on erroneous reactions to essentially meaningless football games.

I’m not willing to write off a team’s regular season chances based solely on preseason struggles.  But ignoring those struggles completely is the moral equivalent of sticking your head in the sand. A repeated inability to execute the game plan in August often carries over into September.

One NFL Division had more than their fair share of struggles in August, on at least one Read more



Tags: NFL Teddy Covers




College Football Betting Preview: Fresno State Bulldogs at USC Trojans

08.28.2014     02:32 PM     ICC     Printer Friendly
Submitted by ICC

SportsMemo.com blog entry.
Fresno State at USC
Saturday, 4:30 pm PT - FOX
CRIS Opener:
USC -22 O/U 58
CRIS Current: USC -21.5 O/U 57.5
Ian’s Recommendation: USC

Rematch of last year’s Las Vegas Bowl in which USC demolished a better Fresno State squad, 45-20. Fresno State’s success was contingent upon its offense behind quarterback Derek Carr. He has since moved on to the NFL and head coach Tim DeRuyter has narrowed his replacement down to either junior Brian Burrell or Duke transfer Brandon Connette. Regardless of who starts both are expected to play on Saturday. This uncertainty doesn’t bode well for Fresno State against a stellar USC defense that welcomes back one of the best defensive lines in the country with Leonard Williams, J.R. Tavai, and Antwaun Woods. And behind them, even with the loss of Jabari Ruffin to a season ending torn ACL injury, they are still very strong Read more



Tags: College Football Fresno State Bulldogs Mountain West USC Trojans PAC-12 Ian Cameron




Nevada sportsbooks seek to get rid of federal tax

08.27.2014     08:42 AM     Printer Friendly
SportsMemo.com blog entry.
Ever wonder where exactly your tax dollars are going? Nevada's sportsbooks raised their hands on that one got a pretty interesting response. The IRS had no freakin' clue. Rep. Dina Titus is wanting to get rid of the tax and keep the money within the state.


“The IRS didn’t even know it existed,” Titus said. “The money just went into some black hole in the general fund. […] It can be reinvested into Nevada’s economy. Gaming is our lifeblood, and this is a drop in the bucket to Washington.”






Tags: Las Vegas



32

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"Las Vegas'"

January

20


 
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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, Ian Cameron, Drew Martin, and Alex B. Smith. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at Sportsmemo.com.  Missed the Sportsmemo Podcast?  Past shows are available on Sportsmemo.com's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, 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.   Jan 21, 2017 05:21 AM.