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December

10

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Gambling Update: Raiders to Vegas hits major speed bump

01.31.2017     06:39 AM     Printer Friendly
UPDATE

And just like that, the Raiders to Las Vegas goes from being chalk to an underdog.


“This is not a wrench in the wheel, the wheel fell off,” Clark County Commission chair Steve Sisolak told The Nevada Independent. “This is an enormous setback in my opinion.”







Raiders take another step towards Las Vegas

01.20.2017     08:45 AM     View Original Blog


So this Read more



Tags: NFL Oakland Raiders Las Vegas




Super Bowl LI Gambling: Oddsmakers say no reason yet to move pointspread

01.31.2017     06:34 AM     Printer Friendly
SportsMemo.com blog entry.
A couple of Las Vegas oddsmakers talk about the Super Bowl's pointspread opening and still holding firm at "3."


“I’ve taken a couple big bets on the Patriots (six-figures),” said Wynn sportsbook director John Avello, “but even without those wagers we’d still be relatively even with bets and it’s also counting a good size pop we took on the Falcons as a result of being at +3 EVEN. There’s a ways to go before I start to move anything, but my initial thoughts were that if the number moved off 3 it wouldn’t be down to -2.5, but rather -3.5.”

“I want to get off 3 if I can, but if it doesn’t make sense then there’s no reason for us to go,” said Jay Rood, VP of race and sports for MGM Resorts.






Tags: NFL Super Bowl LI Las Vegas




Betting markets remain quiet with Super Bowl LI less than a week away

01.30.2017     09:25 AM     Printer Friendly
SportsMemo.com blog entry.
We're less than a week away from Super Bowl LI and thus far, the betting markets have been pretty quiet. Despite the "high profile vs. low profile" matchup, sportsbooks have kept the game lined at a field goal. Offshore, there are a number of books that are "leaning" towards the Falcons. Pinnacle and Matchbook have New England -3 (+108). CRIS, Greek, and Grande -3 (-105). But what really stands nearly every Las Vegas sportsbook is sitting at a flat -3 (-110). Golden Nugget has New England -3 (-115) and Treasure Island is asking bettors to lay an absurd 40 cents worth of juice on a Falcons +3.5 bet. There will no doubt be some movement and opinion as we near Sunday. Those is the Vegas area should be able to get Atlanta +3.5 at a reason price.




Tags: NFL Atlanta Falcons New England Patriots Super Bowl LI Las Vegas




Las Vegas sportsbooks offer multitude of Super Bowl LI parties

01.30.2017     09:04 AM     Printer Friendly
SportsMemo.com blog entry.
Here's a link to the details of all of the Super Bowl LI viewing parties in Las Vegas. Packages range from high-end to free hot dogs.




Tags: NFL Super Bowl LI Las Vegas




Super Bowl LI Gambling: Atlanta Falcons saw little to no preseason futures action

01.30.2017     08:57 AM     Printer Friendly
SportsMemo.com blog entry.
You would think sportsbooks would be exposed if the Atlanta Falcons win Super Bowl LI due to their big odds heading into the season (as high as 100-1). According to one Las Vegas sportsbook, Atlanta was the second-least bet team in terms of Super Bowl futures.


“We’d actually do better on the Falcons (winning) than the Patriots,” Simbal said. “In fact, before the season started, they were the second-least bet team. Only the Titans had less.”

“They’re not a real public team,” Esposito said. “Even after their hot start, there were still a lot of nonbelievers.”






Tags: NFL Atlanta Falcons New England Patriots Super Bowl LI Las Vegas




Super Bowl LI Betting: Westgate releases prop bets

01.27.2017     08:42 AM     Printer Friendly
SportsMemo.com blog entry.
Here's a full list of the Westgate's famed Super Bowl L prop bets. And tell your wife she's allowed to bet on the coin flip thanks to -102 juice.




Tags: NFL Las Vegas Super Bowl LI




Man robs Las Vegas sportsbook

01.26.2017     09:27 AM     Printer Friendly
SportsMemo.com blog entry.
This cat decided to rob a Las Vegas sportsbook and as of this morning, has yet to be apprehended.


Police said a black man entered the sports book, jumped into the cage area, presented a handgun and told employees to put money in a duffel bag. The employee complied and placed the money into the bag.






Tags: Las Vegas




Bettors gear up for Super Bowl 51 Prop Bets

01.24.2017     06:34 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
When I talk with casual fans in the week leading up to the Super Bowl, they tend to be interested in my opinion about who is going to win the big game. But when I’m talking with bettors, not fans, the topic inevitably turns towards props; where sports betting and fantasy sports collide.

Props have been on the Las Vegas betting boards for thirty years. It all began when the juggernaut 1985 Chicago Bears were facing the Patriots in Super Bowl 20. Legendary Vegas oddsmaker Jimmy Vaccaro was a very creative bookmaker at the Mirage (at the time), looking for ways to increase their betting handle. Vaccaro posted odds on whether 350 pound defensive lineman William ‘Refrigerator’ Perry would score a touchdown in the big game. Vaccaro certainly didn’t think it was likely, offering attractive underdog odds for those who wanted to bet on The Fridge would hit paydirt in the end zone.

Vaccaro’s unique offering attracted all kinds of attention both from bettors and from media types. It also accomplished his goal of increasing betting handle, with money pouring in on the ‘Yes, Fridge will score a TD’ side of the prop at big (but Read more



Tags: NFL Super Bowl LI Las Vegas Teddy Covers




Raiders take another step towards Las Vegas

01.20.2017     08:45 AM     Printer Friendly
SportsMemo.com blog entry.
So this Raiders to Las Vegas thing sounds like it's really going to happen.


"Today, the Oakland Raiders submitted an application to relocate their franchise to Las Vegas, as is provided for under the NFL policy and procedures for proposed franchise relocations," the NFL said. "The application will be reviewed in the coming weeks by league staff and the stadium and finance committees."






Tags: NFL Oakland Raiders Las Vegas




Sportsbooks love to talk about getting thrashed by the betting public

01.17.2017     09:22 AM     Printer Friendly
SportsMemo.com blog entry.
Sportsbooks are a business and a lot of their profit is generated from casual bettors; the "betting public." So when the postseason hits you tend to read a lot of articles about the "betting public" getting the best of the sportsbooks. Last week, outright wins by the Steelers and Packers reportedly proved costly. The week prior it was Clemson's win over Alabama that "crushed the books." What you generally don't read is articles about games in which 80% of the tickets are on one side but 80% of the money is on the other; the old square/sharp divide. That wouldn't be good marketing.




Tags: NFL Las Vegas



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