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December

6

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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




Sportsmemo Handicapper Erin Rynning on LVH's NFL panel

07.03.2014     09:33 AM     Printer Friendly
Good news, Las Vegas bettors...

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Tags: NFL Erin Rynning




Gambling Update: Ivey claims questionable Atlantic City score was skill

07.03.2014     06:58 AM     Printer Friendly
UPDATE

Back in April we posted the details on Phil Ivey's shady/savvy – depending on who you ask – $9.6 million baccarat score from Atlantic City’s Borgata casino. The casino said Ivey took advantage of faulty playing cards. Ivey’s lawyers, who are trying to have the case dismissed, argue that what he did wasn’t technically cheating, the six-month statute of limitations on an illegal game has passed, and the state’s casino regulators should be pursuing the case not an individual casino.





Atlantic City casino sues poker pro Phil Ivey

04.14.2014     06:55 AM     Read more








College Football Gambling: Week 1 CG Technology vs. Golden Nugget GOY

07.01.2014     07:37 AM     Printer Friendly
SportsMemo.com blog entry.
Last weekend CG Technology (Cantor) posted pointspreads on all of college football's Week 1 games. Below is a list of CG's lines compared to that of Golden Nugget's GOY openers.

Texas A&M at South Carolina
CG: South Carolina -11
GN: South Carolina -9

Boise State vs. Ole Miss (Atlanta)
CG: Ole Miss -9.5
GN: Ole Miss -9

UNLV at Arizona
CG: Arizona -21.5
GN: Arizona -23.5

BYU at UConn
CG: BYU -15.5
GN: BYU -16.5

Arkansas at Auburn
CG: Auburn -21
GN: Auburn -24

Colorado State vs. Colorado (Denver)
CG: Colorado -2
GN: Colorado -4

Clemson at Georgia
CG: Georgia -8
GN: Georgia -9

Cal at Northwestern
CG: Northwestern -14
GN: Northwestern -9.5

UCLA at Virginia
CG: UCLA -21
GN: UCLA -21.5

Ohio State vs. Navy (Baltimore)
CG: Ohio Read more



Tags: College Football




College Football Betting: It takes three days to put together Games of the Year

06.25.2014     02:16 PM     Printer Friendly
SportsMemo.com blog entry.
Sort of generic but worth a read as Bleacher Report talks with the Golden Nugget oddsmaker Aaron Kessler about the creation of College Football Games of the Year.


“I make a list of all the games with computer-only lines in a spreadsheet,” Kessler said. “Then, I'll go through and adjust lines based on my opinion. These adjustments from the raw numbers can be huge.”

“We literally lock ourselves in a room and don't come out until all lines are done,” Kessler said. “The whole of creating the ‘Games of the Year’ takes about 72 hours from beginning to end.”







Tags: College Football




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




Teddy Covers' Las Vegas Wise Guy Report: AFC Season Over/Under Win "morphers"

06.23.2014     08:47 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Two weeks ago, I wrote about the seven NFC teams that are projected to improve or decline by two wins or more in 2014 based on the current market numbers for their season win totals.  I intended to write Part II of the article last week, talking about the four AFC teams that are also projected to improve or decline by two wins or more in 2014, but I got derailed by the College Football Game of the Year openers at the Golden Nugget; a “must report” event.  So, let’s just call it better late than never!

The markets are telling us to expect more of the same from 12 of the 16 AFC teams.  What makes these four squads different? My goal here is to focus on why these particular teams are expected to improve or decline significantly compared to last year.  I’ll do that by looking at how the broader market conditions affect the numbers.  What do the markets fixate upon?  What do they largely ignore?  Read on to find out. 

Kansas City Chiefs: 11-5 in 2013, O/U 8 wins in 2014
Last year in this space, I called the Chiefs coming off a truly dismal 2-14 campaign “the poster child for Read more



Tags: NFL AFC Kansas City Chiefs Cleveland Browns Cincinnati Bengals Houston Texas Teddy Covers Las Vegas




Sheldon Adelson is the worst kind of person

06.23.2014     08:36 AM     Printer Friendly
SportsMemo.com blog entry.
Article courtesy of The Verge reinforces our theory that Sheldon Adelson is an idiot.


"It’s [Adelson’s] ‘I’m rich and I’m right’ campaign," says Jan Jones Blackhurst, head of government relations at Caesars Entertainment, which supports online gambling. "That kind of scaremongering … is just counterproductive to the entire legitimacy of the industry. It’s confusing to everybody."

"This is a play from Adelson to put the final nail in the coffin of Caesars," he says. "Caesars wants internet gaming very badly."






Tags: Las Vegas




Vegas bettor lucks out on Argentina's stoppage time goal

06.23.2014     08:17 AM     Printer Friendly
SportsMemo.com blog entry.
A gentleman reportedly bet $230K to win $20K on Argentina to win straight up over Iran at Las Vegas' Tuscany Casino. It was a never-in-doubt winner as Lionel Messi scored during stoppage time of the second half to give Argentina the 1-0 victory.




Tags: Soccer




PokerStars close to joining New Jersey's online poker scene

06.19.2014     07:48 AM     Printer Friendly
SportsMemo.com blog entry.
PokerStars was just purchased and the new owners are and positioning themselves for partnerships with New Jersey casinos. This could provide a shot in the arm to the state's underwhelming results since legalizing online poker.


"I think in the long run it will be a good story for New Jersey," he said. "I'm optimistic that they know what the rules are, and I fully expect them to be very aggressive because they want to be here."






Tags: Poker



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