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Vegas sportsbooks happy to see San Francisco's win over New England

12.17.2012     01:21 PM     Printer Friendly
SportsMemo.com blog entry.
San Francisco's win over New England and Detroit's egg at Arizona helped Las Vegas sportsbooks turn a profit for Week 15.


"The Lions losing was huge for us," said Osborne. "You basically had two teams playing for nothing, both on long losing streaks, but the public all sided with the Lions and their offense. The Cowboys’ overtime win against the Steelers was also good for us. It was the last posted event for us and all the major liability from the day made the Steelers a pretty big loss for us."

"Everything we won on the day would have been given back had the Patriots covered the spread," said South Point sports book director Bert Osborne.






Tags: NFL Las Vegas San Francisco 49ers Detroit Lions




Nevada's push for online poker goes stagnant

12.17.2012     06:56 AM     Printer Friendly
SportsMemo.com blog entry.
You can stop holding your breath, legalized online poker in Nevada will have to wait until at least 2013. Great read on the current situation courtesy of the Las Vegas Sun.


“As much as I would prefer a different outcome the reality is that we have simply run out of time in the legislative calendar to pass an Internet poker bill," Reid said. "I am disappointed but Senator Heller and I remain committed to this issue and it will be a priority for us in the new Congress.”

“I think this is sort of typical of politicians: It’s never Congress’ fault that they didn’t get their act together; there’s always some other reason,” said Alan Feldman, spokesman for MGM Resorts International, a member of the AGA. “If you’re a Democrat, it’s the Republicans’ fault; if you’re a Republican, it’s the Democrats’ fault; and if you’re trying to toe the line with both, it’s someone else’s fault. If someone wants to use that as an excuse

Read more



Tags: Las Vegas




Pacquiao vs. Marquez Part IV: Pacquiao a -250 betting favorite

12.07.2012     02:28 PM     Printer Friendly
SportsMemo.com blog entry.
Manny Pacquiao will face Juan Manual Marquez for a fourth time on Saturday at the MGM Grand in Las Vegas. Offshore, Pacquiao opened as a -350 favorite but money on Marquez has most shops currently around -250. Pacquiao is +130 to win by decision while Marquez is +350. Pacquiao last defeated Marquez in November of 2011 as a -850 favorite.









William Hill sportsbook offers $20 College Football Bowl contest

12.05.2012     08:14 AM     Printer Friendly
SportsMemo.com blog entry.
For those of you living in Las Vegas be sure to check out William Hill's College Football Bowl Challenge. The contest costs $20 as players select 20 games against the spread. No limit on the amount of entries per person. Winner takes home $10,000.


“This bowl contest, it’s something we’ve thought about for a while,” William Hill Director of Public Relations Jimmy Vaccaro said. “It should be a fun contest, and it will be exciting if someone hits the $50,000 bonus to cap off what’s already been an outstanding college football season.

“This contest is not just one-of-a-kind, but it will be fun, because bowl season is just so unpredictable. Plus, a $20 bill gets you action for more than three weeks, which is hard to top.”







Tags: College Football




College Football Gambling: Quick takes on bowl game motivation Part I

12.04.2012     01:29 PM     Andrew Lange     Printer Friendly
Submitted by Andrew Lange

SportsMemo.com blog entry.
It's bowl season and that means motivation becomes a big factor in our handicap. One thing bettors must realize is a lot can happen from now until game day. Teams off disappointing regular seasons have plenty of time to lick their wounds whereas the excitement of reaching the postseason for others can easily wear off. Let's have a little fun and try and forecast the current state of mind of these bowl bound squads. Part I today, Part II tomorrow.

Nevada vs. Arizona - Rich Rod has to be pleased to be bowling in his first year. And Nevada – who somehow owns the weaker defense in this matchup – is no doubt excited it doesn't have to play in the Military Bowl in DC. Edge: Arizona

Toledo vs. Utah State - Win the WAC, get shipped to the Potato Bowl...yippee! Finished tied for second in the MAC West, get shipped to the Potato Bowl...yippee! Edge: None

BYU vs. San Diego State - BYU has been locked into the Poinsettia Bowl for nearly a month. SDSU played in this same bowl back in 2010 and beat Navy 35-14. Edge: None

Ball State vs. Central Florida - Lose the C-USA Championship Read more



Tags: College Football Andrew Lange




Las Vegas sportsbook betting kiosks compromised

12.04.2012     07:51 AM     Printer Friendly
SportsMemo.com blog entry.
Looks like some bettors took advantage of a few glitches in Leroy's betting kiosks.


The scheme, discovered during the NCAA men's basketball tournament in March, involved exploitation of a weakness in the kiosks. The schemer or schemers would repeatedly hit the deposit button on the kiosks immediately after inserting cash, causing the wagering account to be credited for twice the amount of cash inserted. This resulted in ''cash on hand'' shortages in the accounting journals for the affected kiosks, the regulatory complaint says.







Tags: Las Vegas




College Football ATS Analysis: Alabama has high as a double-digit favorite over Notre Dame

12.03.2012     07:26 AM     Printer Friendly
SportsMemo.com blog entry.
The BCS Championship matchup is set with Alabama taking on Notre Dame, Monday, January 7. Let’s take a look at how the betting markets have reacted to the opening lines.

BetOnline and 5Dimes were two of the first books to post a line on the game. BetOnline opened Alabama -9.5 while 5Dimes opened -10.5. In Las Vegas, Wynn opened -10 while short thereafter, LVH tossed out a -7.5. Offshore, CRIS, Pinnacle and Greek also opened -7.5 but have seen a majority of the support come in on the Crimson Tide. Some may have scoffed at the opening number toss out by some of the “smaller” books but as of now, the -9.5/-10 proved to be more in line with the opinion of the betting markets. As of this morning, CRIS and Pinnacle are both at -9.5 while Heritage and Jazz are at -10. In Vegas, Alabama is anywhere from -8 to -9.




Tags: College Football Alabama Crimson Tide Notre Dame Fighting Irish




College Basketball Betting Free Play: Alabama Crimson Tide at Cincinnati Bearcats

12.01.2012     08:41 AM     Printer Friendly
SportsMemo.com blog entry.
Alabama at Cincinnati -6.5 O/U 130
Recommendation: Cincinnati


Toughest challenge of the season for Alabama's youthful lineup as they head up north to face a very experience and talented Cincinnati squad. The Crimson Tide are a perfect 6-0 with decent wins over South Dakota State, Oregon State and Villanova. But those were at home and on neutral courts. It will be very tough for a rotation that features 4 sophomores, 2 freshmen, and 2 juniors to go on the road to a hostile environment and hang for a full 40 minutes. Especially considering the Crimson Tide are notorious for their outside shooting struggles – you have to knock down threes in this type of underdog role. Cincinnati returns from a strong showing in Las Vegas with wins over Iowa State and Oregon. The Bearcats do at times live and die with the three but they have hit 40% thus far and will be in the comforts of home this afternoon. Defensively is where the Bearcats have looked the part. They held Read more



Tags: College Basketball Alabama Crimson Tide Cincinnati Bearcats Andrew Lange




Las Vegas sportsbooks are allowed to lay off bets at other books

11.30.2012     07:02 AM     Printer Friendly
SportsMemo.com blog entry.
Interesting interview with Sporting News and the Nevada Gaming Control Board's Chief of Enforcement. One question that a lot of folks are curious about is whether or not sportsbooks can lay off bets at other sportsbooks. Apparently they can, but not offshore and they must identify their intentions when doing so.




Tags: Las Vegas




College Football Handicapping: Bettors not eager to support Notre Dame

11.29.2012     07:35 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas oddsmakers weigh in on the potential matchups for the BCS National Championship. The Wynn is offering lines on both Alabama-Notre Dame and Georgia-Notre Dame with little support coming in on the Irish. The Crimson Tide were bet up to a 10-point favorite while the Bulldogs moved from -1 to -3.5.


“Four days from now, we’ll be rooting for Georgia to upset the Alabama Crimson Tide,” William Hill sports books spokesman Jimmy Vaccaro predicted.

“After talking to some of the people who bet a lot on football, they don’t think that team is for real,” Wynn race and sports director Johnny Avello said of Notre Dame. “That’s their opinion. A lot of people just don’t believe in them. That’s the problem.”







Tags: College Football Alabama Crimson Tide Georgia Bulldogs SEC Notre Dame Fighting Irish



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