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Teddy Covers' Las Vegas Wise Guy Report: College Basketball Pointspread Underachievers

02.10.2014     07:56 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Last week I wrote about the four best pointspread teams in the country in college hoops this year – Cleveland State, Villanova, Wichita State and Utah. Between the four, they combined to go 7-1 ATS over the past week, continuing to cover spreads even after doing so consistently for the past three months. In other words, the markets still haven’t caught up with these teams.

This week, I’m taking the opposite approach; examining the very worst pointspread teams in all of college basketball. Why are they so bad against the spread? Will they continue to be money losers as February rolls into March? And what statistical profile do these teams have in common that will help us identify them as early as possible next year? Let’s take a look!

I did a version of this column last year at this same time (second week of February). At that time, the single worst pointspread team in all of college basketball was Indiana-Purdue Indianapolis, abbreviated IUPUI. This year, IUPUI isn’t the single worst pointspread team in college hoops only because they’re tied with South Alabama and LaSalle at the bottom of the ATS Read more



Tags: College Basketball IUPUI Jaugars South Alabama Jaguars UCF Knights Notre Dame Fighting Irish Boston College Eagles Pittsburgh Panthers Purdue Boilermakers Teddy Covers




Las Vegas policy doesn't allow gambling on Olympics

02.06.2014     02:10 PM     Printer Friendly
Article courtesy of Linemakers on why betting on the Olympics is not allowed in Las Vegas. Meanwhile, you get down on anything from ice dance to curling futures at offshore sportsbooks like Pinnacle.


"Don't think that the Nevada Gaming Control Board doesn't want to be bothered," said Avello, "because they do listen and want to do what's best for the state, but they need to know every angle of each separate case. I would love to book (Olympic) hockey, and while I could probably prove that a large portion of the players are professional players, there are a handful of those players that are actually amateur that I might not be able to prove."



copy_pinnacle_olympics.JPG





Tags: Las Vegas




Steve Wynn teams up with Sheldon Adelson for anti-online gambling crusade

02.04.2014     07:27 AM     Printer Friendly
SportsMemo.com blog entry.
So now we have not one but two filthy rich, old, delusional casino execs saying no to online gambling.


“This is not a good entrepreneurial opportunity,” Wynn, who knows a little bit about entrepreneurship, said. “Where is the business opportunity? The big problem I see is I don’t see the government letting us keep the money.”

“(Legalizing web gaming) can’t get through the House of Representatives,” Wynn said. “They can’t agree on anything, especially something this esoteric.”







Tags: Las Vegas




Las Vegas sportsbooks rake in $19.6 million on Super Bowl XLVIII

02.04.2014     06:16 AM     Printer Friendly
Super Bowl XLVIII proved to be a profitable one for Las Vegas sportsbooks – and by profitable, we mean they absolutely crushed. A record $119.4 million was wagered and the books won $19.6 million – a ridiculous 16.5% return. It could have been worse had the first score of the game not been a safety.

Las Vegas Super Bowl Profits 1995-2014
Year
Matchup
Wagered
Net Profit
Win%
2014
Seattle 43, Denver 8
$119,400,822
$19,673,960
16.5%
2013
Baltimore 34, San Francisco 31
$98,936,798
$7,206,460
7.30%
2012
NY Giants 21, New England 17
$93,899,840
$5,064,470
5.40%
2011
Green Bay 31, Pittsburgh 25
$87,491,098
$724,176
0.83%
2010
New Orleans 31, Indianapolis 17
$82,726,367
$6,857,101
8.30%
2009
Pittsburgh 27, Arizona 23
$81,514,748
$6,678,044
8.20%
2008
NY Giants 17, New England 14
$92,055,833
($2,573,103)
-2.80%
2007
Indianapolis 29, Chicago 17
$93,067,358
$12,930,175
13.90%
2006
Pittsburgh 21, Seattle 10
$94,534,372
$8,828,431
9.30%
2005
New Engand 24, Philadelphia 21
$90,759,236
$15,430,138
17.00%
2004
New England 32, Carolina 29
$81,242,191
$12,440,698
15.30%
2003
Tampa Bay 48, Oakland 21
$71,693,032
$5,264,963
7.30%
2002
New England 20, St. Louis 17
$71,513,304
$2,331,607
3.30%
2001
Baltimore 34, NY Giants 7
$67,661,425
$11,002,636
16.30%
2000
St. Louis 23, Tennessee 16
$71,046,751
$4,237,978
6.00%
1999
Denver 34, Atlanta 19
$75,986,520
$2,906,601
3.80%
1998
Denver 31, Green Bay 24
$77,253,246
$472,033
0.60%
1997
Green Bay 35, New England 21
$70,853,211
$2,265,701
3.20%
1996
Dallas 27, Pittsburgh 17
$70,907,801
$7,126,145
10.10%
1995
San Francisco 49, San Diego 26
$69,591,818
($396,674)
-0.60%
 
 
$1,662,135,771
$128,471,540
7.72%





Tags: NFL Super Bowl XLVIII Las Vegas




Super Bowl XLVIII Gambling: Las Vegas sportsbooks clean up

02.03.2014     07:58 AM     Printer Friendly
SportsMemo.com blog entry.
Outside of the safety to open Super Bowl XLVIII, everything went right for the Las Vegas sportsbooks.


“The patrons went 0-2 — crappy game and lost money,” William Hill sports book director Nick Bogdanovich said. “It was a good day for the books.”

“That safety was a torch job,” Bogdanovich said. “It’s not a fun way to start off the day, getting six figures in the hole.”

“We were down $62,000 on the first play of the game,” Vaccaro reported. “We got dinged pretty good on that one, and a few others as the game went on.”







Tags: NFL Super Bowl XLVIII Las Vegas




Teddy Covers' Las Vegas Wise Guy Report: College Basketball Pointspread Juggernauts

02.03.2014     07:35 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 huge Seattle blowout, 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, but I’ve yet to write a true college basketball overview column so far this season. It’s time!

I’m going take a look at the four very best regular board pointspread teams in the country in this week’s column.  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. And the very best pointspread teams tend to be under-the-radar type squads, like the single best ATS team in college hoops thusfar in the 2013-14 campaign.

Cleveland State has a decent record, sitting in a second place tie in the Horizon League standings with a 6-3 mark in conference; 15-9 SU overall. If the NCAA tournament started today, Gary Waters’ Vikings wouldn’t even sniff an at-large bid – they’ll need to win the league tournament to go Read more



Tags: College Basketball Cleveland State Vikings Utah Utes Wichita State Shockers Villanova Wildcats Teddy Covers




Super Bowl XLVIII Gambling: Blog recap

01.31.2014     02:03 PM     Printer Friendly


Tags: NFL Denver Broncos Seattle Seahawks Super Bowl XLVIII




Super Bowl XLVIII Betting News: Denver Broncos remain public darling

01.31.2014     08:23 AM     Printer Friendly
SportsMemo.com blog entry.
It's no secret that the "public" has sided with the Denver Broncos. Offshore sportsbooks like Bookmaker are reporting 77% of bets have been placed on Denver. In Las Vegas, the Broncos have been the "it" team all season and multiple shops are reporting heavy prop bet action on Payton Manning "overs."


“We needed to root against the Broncos every single week except for one,” said Nick Bogdanovich, director of William Hill sports books. “When they played the Patriots in the playoffs, we needed the Broncos and they came through for us. But with 16 regular-season games and two in the playoffs, that’s 17 out of 18 games we were against them.”

“Everything with Manning is drawing money already,” Bogdanovich said. “That’s where we’re writing most of our business — passing yards, passing touchdowns, rushing yards, longest completion, everything.”







Tags: NFL Denver Broncos Seattle Seahawks Super Bowl XLVIII




Super Bowl XLVIII Prop Bet: Doug Baldwin Total Receiving Yards

01.30.2014     11:19 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Doug Baldwin Total Receiving Yards
Recommendation: Over 39.5


Baldwin’s season averages won’t support this wager – hence some early Under money that drove this total from 40.5 down to 39.5 at several key books.   But with Percy Harvin on the field for the Super Bowl, it should open things up for Baldwin.  And Baldwin has become Wilson’s go-to guy down the stretch.  He had 63+ receiving yards six of the last nine games that he was involved in the offense (he  sat for most of their Week 17 regular season finale), including a six catch, 106 yard effort against the 49ers in the NFC Championship Game.  And this is the type of wager we can cash with a single big play!

Last season Teddy Covers and his clients CRUSHED the prop bets with a 10-1 record. For Sunday's Super Bowl XLVIII, he has nine props with analysis and a recommendation on the game's side. Get them all for only $49.

Below is what clients received with Teddy's prop bet package last year...

WIN - Will There Be Three Read more



Tags: NFL Denver Broncos Seattle Seahawks Super Bowl XLVIII Teddy Covers




Super Bowl XLVIII Betting: Line History Offshore and Las Vegas as of 1/29

01.29.2014     02:02 PM     Printer Friendly
Below is a chart of Super Bowl XLVIII's line history both offshore and in Las Vegas.

Super Bowl XLVIIII Line History Offshore and Las Vegas
Offshore
Opening Line
Current Line
Opening Total
Current Total
CRIS
Seattle -1.5
Denver -2
47.5
47.5
Pinnacle
Denver pk
Denver -2 (+101)
47.5
47
Greek
Denver pk
Denver -2
47
47.5
5Dimes
Denver pk
Denver -1 (-120)
50
47
Grande
Denver -2
Denver -2
48
47
Heritage
Seattle -1
Denver -2
47.5
47
Jazz
Seattle pk (-115)
Denver -1.5 (-115)
47.5
47.5
Bovada
Seattle -1.5
Denver -3
47.5
47un-115
Las Vegas
Opening Line
Current Line
Opening Total
Current Total
Hilton
Seattle -2
Denver -2
47
47
Wynn
Seattle -1
Denver -2.5
48.5
47.5
William Hill
Seattle -1
Denver -2.5
48
47
Coasts
Denver pk
Denver -2.5
48
47
Stations
Denver -1
Denver -2.5
48
47
Mirage
Seattle -1.5
Denver -2.5
48.5
47.5
Caesars
Denver -1
Denver -2.5
48
47





Tags: NFL Denver Broncos Seattle Seahawks Las Vegas Super Bowl XLVIII



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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 12, 2016 10:07 AM.