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August

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Sportsmemo's Teddy Covers offer last minute opinions on betting the Final Four

03.31.2012     07:30 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Sportsmemo's Teddy Covers was featured in Chad Millman's ESPN Final Four preview. Below is what Teddy had to say about both matchups.


Covers says: "I actually thought Louisville-Kentucky would be a little shorter at about seven. Betonline opened at 9.5, 5Dimes opened at 8. I honestly think that number is a little bit high. With Kentucky you are talking about four or five guys that could start in the NBA next year. The problem with that side is I don't think they can play any better than they did recently -- they were just lights out. And yet against Indiana and Baylor, there we were at the end and sweating it out. As good as they were and as well as they played, there is not a lot of value on the Kentucky side. Louisville is a great dog, 8-3 catching points this year. Look at the first game these two played: The fact that Louisville held Kentucky under 30 percent shooting in that game tells us that team has the potential to keep the game in check. I haven't bet it yet because I think we might see 9.5 in Vegas before we tip off."

Covers says: "In February, before the brackets, I wrote that I thought these two teams would play for the Read more



Tags: College Basketball Kentucky Wildcats Louisville Cardinals Ohio State Buckeyes Kansas Jayhawks Teddy Covers




The odds of you winning the $500 million Mega Jackpot are not good

03.30.2012     06:40 AM     Printer Friendly
SportsMemo.com blog entry.
There is a good chance you are not going to win today's $500 million Mega Millions jackpot (1 in 176 million odds). Sorry. But if you crave long shots, here are some that provide better odds.

Hitting "00" in Roulette: 1 in 38
Getting struck by lightning: 1 in 280,000
Charlotte Bobcats win two games in a row 1 in 1.2 million (kidding!)
Perfect NCAA Bracket: 1 in 13.5 million
Winning a progressive slot jackpot: 1 in 25 million








Betting handle on March Madness surpasses Super Bowl

03.28.2012     07:55 AM     Printer Friendly
SportsMemo.com blog entry.
Reports say that the betting handle generated from March Madness has surpassed that of the Super Bowl in Las Vegas. Not entirely shocking considering how many postseason college basketball games there are for bettors to wager on.


“You take all those games and combine them all, it surpasses what we take in on the Super Bowl,” Kornegay says. “It’s 67 games, as opposed to one game.”

But the state's legalized sports books typically see a $100 million jump in total basketball betting every March, Streshley says.

In 2011, gamblers wagered $256.6 million on college/pro basketball in March vs. $114.3 million in February. With the Big Dance wrapped over by early April, the basketball handle for that month then dropped back to $78.2 million.





Tags: College Basketball NFL




Los Angeles to Las Vegas high-speed train project in the works

03.26.2012     07:25 AM     Printer Friendly
SportsMemo.com blog entry.
DesertXpress, a high-speed train that is expected to lure visitors from California to Las Vegas, is close to receiving a massive $4.9 billion loan from the federal government. There are questions though as to whether or not the project makes financial sense (they rarely do). For starters, it is a park-and-ride, meaning residents of Los Angeles will have to drive to about an hour outside the city and then jump aboard the train, which would take about an hour and a half. Once passengers get to Las Vegas, they must then find transportation to a hotel/casino. You can also fly roundtrip from LA to Vegas for about $100.


"It's insanity," says Thomas Finkbiner of the Intermodal Transportation Institute at the University of Denver. "People won't drive to a train to go someplace. If you are going to drive, why not drive all the way and leave when you want?" 






Tags: Las Vegas




NFL Gambling: Tebow to Jets having no impact in betting markets

03.22.2012     06:53 AM     Printer Friendly
While Denver’s acquisition of Peyton Manning caused shockwaves across the betting community, New York's decision to pick up Tim Tebow – at this point – has had little to no impact according to oddsmakers. The Jets remain a 25-1 shot to win Super Bowl XLVII.


“I don’t see how he makes the Jets a better football team,” Andrew Patterson of Las Vegas Sports Consultants said in a telephone interview. “He’s not going to play quarterback, he’s going to come in maybe on third downs, but if a team signs a really good fullback, does it affect their win total or game lines? No, not really.”[END-QUOTE:]




Tags: NFL Denver Broncos New York Jets




Trial for last year's Black Friday starts in April

03.21.2012     01:10 PM     Printer Friendly
Wonder how many friends this guy has on his Facebook page...


Tzvetkoff, 29, was arrested in 2010 in Vegas for allegedly processing an estimated $1 billion in illegal Internet poker transactions via his company, Intabill. Before making a deal with the prosecution, he was facing up to 75 years in prison. Once a big deal in Australia media, Tzvetkoff was estimated to be worth $82 million only a few years ago. He owned a $27 million house on the Gold Coast with a garage full of Ferraris and Lamborghinis.

Since agreeing to cooperate with officials, he has reportedly given more than 90,000 pertinent documents including confidential emails to prosecutors. As an informant, Tzvetkoff helped bring down the big three online poker sites last year, Full Tilt Poker, PokerStars, and Absolute Poker.





Tags: Poker




The story behind blackjack guru Don Johnson

03.21.2012     10:19 AM     Printer Friendly
SportsMemo.com blog entry.
Article on how famed blackjack player Don Johnson single-handedly crushed Atlantic City. It is a cool story but we can’t help but notice that a majority of these "win big" stories come out of struggling Atlantic City as oppose to say, Las Vegas. We're not saying Johnson isn't real, or he didn't win what was reported but casino marketing has always worked in weird and mysterious ways.


According to Johnson, the Trop pulled the deal after he won a total of $5.8 million, the Borgata cut him off at $5 million, and the dealer at Caesars refused to fill the chip tray once his earnings topped $4 million.

“I was ready to play on,” Johnson said. “And I looked around, and I said, ‘Are you going to do a fill?’ I’ve got every chip in the tray. I think I even had the $100 chips. ‘Are you guys going to do a fill?’ And they just said, ‘No, we’re out.’”











Cantor Gaming now taking credit and debit cards

03.21.2012     07:45 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas' Cantor Gaming announced that bettors will be allowed to use most major credit and debit cards to place wagers.



Tags: Las Vegas




March Madness just as big as Super Bowl for Las Vegas bettors

03.21.2012     07:40 AM     Printer Friendly
SportsMemo.com blog entry.
Article from Sports Illustrated on how Las Vegas' oddsmakers view March Madness.


“Four days together,” says Todd Fuhrman, senior race and sports book analyst at Caesar’s Palace, “it’s as big as the Super Bowl for Las Vegas.”

“Yeah, I would say as big as the Super Bowl,” says Jay Kornegay, vice president, race & sports operations at the Las Vegas Hotel & Casino — LVH, as it is now known.

“It’s hard to compare, but it’s probably as big as the Super Bowl,” says Ed Malinowski, director of race & sports book at Stratosphere Casino.

“Bigger than the Super Bowl,” says Johnny Avello, executive director, race & sports operations at the Wynn.





Tags: College Basketball Las Vegas




The guys who help shape the Las Vegas sports betting scene

03.17.2012     06:56 AM     Printer Friendly
Article from the Las Vegas Sun on some of Sin City's legendary sportbook figures.



Tags: Las Vegas



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August

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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, Sammy P Sports, Ian Cameron, and Paul Stone. Listen to these handicapping experts daily on the Sportsmemo Radio Show from Noon-2 pm PST on Fox Sports 920AM in Las Vegas and the web at Sportsmemo.com.  Missed the Sportsmemo Radio Show?  Past shows are available on Sportsmemo.com's radio archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, AFL, and PGA? Check out the interactive sports betting posting forum, matchup statistics, 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.   Aug 28, 2014 08:13 PM.