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April

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Teddy Covers' Las Vegas Wiseguy Report: Previewing the NBA Season O/U Wins market

10.27.2014     12:39 PM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
It’s Halloween week and the brand spankin’ new NBA season is upon us.  Some things have changed dramatically, most notably Lebron leaving Miami for a return trip to Cleveland.  That sets the books up for a real beating if the Cavs win the title next June since the Cavs opened as high as 60:1 before their enormous talent upgrade. 

Other things remain exactly the same, like the fact that the West is much, much stronger than the East, just as it has been since the Bulls run of dominance with Michael Jordan and Scottie Pippen ended 17 years ago.  Let’s take a look at the upcoming NBA season from a betting perspective.

Other than the Cavs, many of the top contenders for the title remain the same.  The Spurs, Clippers, Thunder and Bulls are the only other teams besides Cleveland to be priced at less than 10:1 to win the title next June; all elite teams from last year. 

The top two teams in the East from 2013-24 – Miami and Indiana – both took major offseason hits, with the Heat losing LeBron and the Pacers losing Lance Stephenson to free agency and Paul George to a broken leg.  Oklahoma City, Read more



Tags: NBA Atlanta Hawks Cleveland Cavaliers Denver Nuggets Los Angeles Lakers Houston Rockets Utah Jazz Teddy Covers




NBA Handicapping: Oddsmakers drop Oklahoma City Thunder 3.5 wins with Durant out

10.21.2014     01:17 PM     Printer Friendly
SportsMemo.com blog entry.
Prior to Kevin Durant's foot injury, the Oklahoma City Thunder were lined at 57.5 wins according to the Westgate Sportsbook. That line was obviously taken down but with the general consensus that Druant will miss as much as six weeks, oddsmakers have reopened with a new number. Pinnacle dropped the Thunder's win total 3.5 wins to 54 with -120 juice towards the under.




Tags: NBA Oklahoma City Thunder




NBA Handicapping: Westgate releases 2014-15 Season Over/Under Wins

10.01.2014     06:59 AM     Printer Friendly
Below is a chart of the Westgate's NBA Season Over/Under Wins. We've listed the opening numbers, last year's records, as well as the difference. Most teams are expected to improve or decline by a handful of wins. The exceptions of course are the Miami Heat (-10.5 wins) without LeBron; the Cleveland Cavaliers (+25.5) with LeBron and Kevin Love; and Indiana Pacers (-23.5) without Paul George and Lance Stephenson.

2014 NBA Season Over/Under Wins - Westgate
Team
2013 Record
2014 Over/Under Wins
Difference
Atlanta Hawks
38-44
40.5
+2.5
Boston Celtics
25-57
26.5
-1.5
Brooklyn Nets
44-38
41.5
-2.5
Charlotte Hornets
43-39
45.5
+2.5
Chicago Bulls
48-34
55.5
+7.5
Cleveland Cavaliers
33-49
58.5
+25.5
Dallas Mavericks
49-33
49.5
+0.5
Denver Nuggets
36-46
40.5
+4.5
Detroit Pistons
29-53
36.5
+7.5
Golden State Warriors
51-31
50.5
-0.5
Houston Rockets
54-28
49.5
-4.5
Indiana Pacers
56-26
32.5
-23.5
LA Clippers
57-25
55.5
-1.5
LA Lakers
27-55
31.5
+4.5
Memphis Grizzlies
50-32
48.5
-1.5
Miami Heat
54-28
43.5
-10.5
Milwaukee Bucks
15-67
24.5
+9.5
Minnesota Timberwolves
40-42
25.5
-14.5
New Orleans Pelicans
34-48
41.5
+7.5
New York Knicks
37-45
40.5
+3.5
Oklahoma City Thunder
59-23
57.5
-1.5
Orlando Magic
23-59
28.5
+5.5
Philadelphia 76ers
19-63
15.5
-3.5
Phoenix Suns
48-34
42.5
-5.5
Portland Trail Blazers
54-28
48.5
-5.5
Sacramento Kings
28-54
30.5
+2.5
San Antonio Spurs
62-20
56.5
-5.5
Toronto Raptors
48-34
49.5
+1.5
Utah Jazz
25-57
25.5
+0.5
Washington Wizards
44-38
49.5
+5.5





Tags: NBA




NBA Commissioner Adam Silver says legalized sports betting will happen

09.05.2014     07:11 AM     Printer Friendly
SportsMemo.com blog entry.
NBA Commissioner Adam Silver spoke positively about the prospects of nationwide legalized sports betting.


"If you have a gentleman's bet or a small wager on any kind of sports contest, it makes you that much more engaged in it," Silver said. "That's where we're going to see it pay dividends. If people are watching a game and clicking to bet on their smartphones, which is what people are doing in the United Kingdom right now, then it's much more likely you're going to stay tuned for a long time."

"It's inevitable that, if all these states are broke, that there will be legalized sports betting in more states than Nevada," Silver said, per Bloomberg.com. "We will ultimately participate in that."






Tags: NBA




Sportsmemo Handicapper Erin Rynning talks NBA Futures for ESPN Insider

08.25.2014     07:52 AM     Printer Friendly
SportsMemo.com blog entry.
Yeah, it's football season and you're probably not following the NBA futures markets. But guess who is? Our very own Erin Rynning who contributed his thoughts and opinions on the Kevin Love-Andrew Wiggins trade for ESPN Insider. The Cavaliers are now as low as 3-1 to win the NBA Championship.




Tags: NBA Erin Rynning Cleveland Cavaliers Minnesota Timberwolves




Sportsmemo Handicapper Erin Rynning talks LeBron and NBA Futures for ESPN Insider

07.14.2014     02:09 PM     Printer Friendly
SportsMemo.com blog entry.
Sportsmemo Handicapper Erin Rynning was featured in a recent ESPN Insider article about the state of the NBA betting markets now that LeBron James in headed back to Cleveland. As of late last week, LVH (which is now the Westgate Superbook – more on that in another blog), had the Cavaliers in the 3-1 and 4-1 range to win the title.




Tags: NBA Cleveland Cavaliers Erin Rynning




NBA Handicapping: Bettors play guessing game with LeBron's destination

07.08.2014     08:36 AM     Printer Friendly
SportsMemo.com blog entry.
As nauseating as it is to follow the coverage of LeBron James' free agent saga it has had an impact on the betting markets. Anticipating a potential move back to Cleveland a few Las Vegas bettors jumped in on the Cavs to win next year's NBA title. The MGM reportedly took a dime bet that helped drop the line from 40-1 to (geesh) 10-1. A slightly less knee-jerk reaction at LVH with Cleveland's odds now 30-1 after opening 60-1. Note that the MGM was the same sportsbook that at one point had the USMNT at 10-1 to win the World Cup.


"They are our biggest liability right now," said MGM VP of Race and Sports Jay Rood. "We took a dime ($1,000) on them at 40-1."







Tags: NBA Miami Heat Cleveland Cavaliers




NBA Gambling: LeBron James' next move impacts sportsbooks and bettors

06.25.2014     01:59 PM     Printer Friendly
SportsMemo.com blog entry.
Following news of LeBron James’ willingness to test the free agent waters, a few sportsbooks were quick to pull down their 2015 NBA future odds.


"When a player like LeBron decides to change teams, it not only affects the status of the Heat, but the entire NBA," said John Avello, the head of the race and sports book at the Wynn. "I have to close everything to evaluate. If he leaves the Eastern Conference, it makes an additional handful of teams a contender." 






Tags: NBA Miami Heat




NBA Handicapping: Wiggins a small betting favorite to go No. 1

06.24.2014     07:46 AM     Printer Friendly
SportsMemo.com blog entry.
The NBA Draft is on Thursday which means there are various props you can bet on if that’s your cup of tea. Kansas' Joel Embiid look destined for the top pick but then word got out he's damaged goods. That leaves teammate Andrew Wiggins as the betting favorite to go no. 1 according to BetOnline.

No. 1 Pick
Andrew Wiggins -120
Jabari Parker +100
Joel Embiid +1200
Field +2500

Some notable Over/Under Picks
Doug McDermott - 9.5un-130
Marcus Smart - 6ov-150
Nik Stauskas - 11.5un-130
Shabazz Napier - 23.5un-165




Tags: NBA




NBA Finals Gambling Consensus: Bettors split on their opinion for Game 4

06.12.2014     07:53 AM     Printer Friendly
SportsMemo.com blog entry.
In a rare instance, the betting consensus for Game 4 of the NBA Finals between the Miami Heat and San Antonio Spurs is divided. According to the Bookmaker, 51% of bets have been placed on the Spurs +5, 56% are on the OVER, and 50.3% on the Spurs' moneyline. The betting markets seem in agreement with the side with Miami still a 5-point favorite at most offshore sportsbooks. There does appear to be a small push toward the Heat with Pinnacle, Grande, and a number of Las Vegas books at -5.5. Also note that the adjusted series price of San Antonio -235 was bet down to as low as -210 – a seemingly correlated move with the aforementioned Game 4 money on the Heat.




Tags: NBA San Antonio Spurs Miami Heat



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