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February

19

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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




Sportsmemo Handicappers Erin Rynning and Paul Stone face off in Friday Football Showdown

08.27.2014     08:26 AM     Printer Friendly
Sportsmemo Handicappers Erin Rynning and Paul Stone have been pitted up against one another in the first round of the Golden Nugget's Friday Football Showdown on October 10. You can listen to their segment on Las Vegas ESPN Radio (1100 AM) from 2-3 PM PT. Stone took home last year's title with a 5-2 ATS mark in the finals.




Tags: College Football NFL Paul Stone Erin Rynning




College Football Betting Preview: UNLV Rebels at Arizona Wildcats

08.27.2014     07:47 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
UNLV at Arizona
Friday, 7:30 pm PT - ESPN
CRIS Opener:
Arizona -24 O/U 60.5
CRIS Current: Arizona -23.5 O/U 60
Teddy's Recommendation: Arizona

Arizona came to Las Vegas and thoroughly whipped the Rebels last year; a 58-13 blowout that was every bit as lopsided on the field as the final score would suggest. The Wildcats held an enormous team speed advantage to go along with their size edge, creating one big play TD after the next.

UNLV head coach Bobby Hauck following the game in which UNLV trailed by 39 at halftime: “Congratulations to Arizona for coming in and beating the hell out of us. We’ve got to flush this game and move on to the next one because there are no positives.”  The loss actually sparked the UNLV season, a season that they turned around immediately following that defeat with four wins in their next four games, culminating in the Rebels first bowl bid since 2000.

The Read more



Tags: College Football UNLV Rebels Mountain West Arizona Wildcats PAC-12 Teddy Covers




NHL is reportedly headed to Las Vegas

08.27.2014     06:13 AM     Printer Friendly
SportsMemo.com blog entry.
The NHL in Las Vegas? The NHL in Las Vegas! Reports are saying a team in Sin City is a "done deal" as the league looks to expands in the not-so-distant future. The Las Vegas Coolers, Blackjacks, and Dice were some of the team names Twitter came up with last night. We’ll go ahead and tell you right now that the nickname won’t have anything to do with gambling -- even though all three of those are pretty cool. Bank on something that relates to the desert, Area 51, the heat, or cowboys.


Sources close to the situation have indicated Las Vegas is a done deal, the only thing to be determined being which owner will be entitled to proclaim that he brought the first major league sports franchise to Sin City.






Tags: NHL Las Vegas



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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.   Feb 19, 2017 06:24 AM.