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Being a prison bookie doesn't sound half bad

08.02.2016     10:40 AM     Printer Friendly
Cool article from Vice about a life as a prison bookie. You know betting is popular when guys are willing to use stamps and mackerel as a form of currency.

Basketball was the most profitable because it happened every day, but individual football games could bring in a lot of money. I took in $7,000 worth of bets on one NFL Sunday. Generally, my goal was to make a profit of 25 percent.

CG Technology CEO resigns

07.21.2016     08:04 AM     Printer Friendly blog entry.
Things aren't looking all that great for Las Vegas sportsbook CG Technology these days. It was recently fined by the Nevada Gaming Control Board for failing to correctly pay out winning wagers. Now news has come out that CEO Lee Amaitis will resign at the end of August. As of now, CG's sportsbooks (Cosmopolitan, Venetian, Palms and M Resort) will continue to operate though will be heavily monitored by a third party.

"The Board will not tolerate improper or incorrect payments to patrons by gaming licensees, and therefore takes this matter extremely seriously," Nevada Gaming Control Board Chairman A.G. Burnett told the Las Vegas Sun, which first reported the settlement. "This settlement contains several harsh punishments and requirements for remediation that reflect those concerns."

Tags: Las Vegas

MLB Handicapper Free Betting Pick: San Diego Padres at Cincinnati Reds

06.24.2016     10:11 AM     Drew Martin     Printer Friendly
Submitted by Drew Martin blog entry.
San Diego (Rea) at Cincinnati (Reed)
Recommendation: 1st 5 inning Under 5

The Cincinnati Reds host the San Diego Padres for the second game of a four-game series. The Padres took the first game last night 7-4. Both teams are dealing with key injuries to the lineup and both are throwing young promising starting pitchers tonight. The Reds send Cody Reed the hill for his second MLB start. Reed allowed four earned runs in seven innings in his first outing. The 23-year-old from Horn Lake, Miss., was a second-round pick in 2013 out of Northwest Mississippi Community College. “He’s a lefty with real good stuff,” Price said. “Very athletic. Fastball, slider, changeup. Extremely competitive. He just seems to me to be a guy who’s really comfortable in competition and doesn’t see an environment as being imposing as others would.” The 6-5 225-pound southpaw will be facing a San Diego lineup that may be shorthanded without Jon Jay, who hasn't played since being hit by a pitch on Sunday. Jay is still experiencing some soreness.On the other side, the Reds lineup might be without their best player, Joey Votto who was not in Read more

Tags: MLB San Diego Padres Cincinnati Reds Drew Martin

NHL yet to mention anything about betting on Las Vegas' expansion team

06.16.2016     10:17 AM     Printer Friendly

Now that the NHL has approved an expansion team in Las Vegas, everyone is waiting to hear what the league will say about local sportsbooks taking wagers on their games. So far, it hasn't come up, though the NHL has plenty of time (over a year) to raise a stink about it. 

“I haven’t had any conversations with the NHL, and it would certainly be out of the ordinary if that were to occur,” Chairman of the Nevada Gaming Control Board A.G. Burnett said Tuesday. “It seems to me that a lot of the sports leagues are seeing that professional sports can thrive without any issues in a well-regulated betting environment.”

“I certainly would be disappointed if they submitted that request,” Kornegay said. “I believe we would be sending the wrong message by doing so. I think it would be best for the games to be on the board. How awkward

Read more

Tags: NHL Las Vegas

Sports Betting Podcast 6-3-2016 with Sportsmemo Handicapper Erin Rynning

06.03.2016     01:27 PM     Printer Friendly blog entry.
Friday's Sportsmemo Podcast featured Sportsmemo Handicapper Erin Rynning. ER and host Andrew Lange talked today's MLB slate as well as Sunday's Game 2 of the NBA Finals.

Today's segments
Erin Rynning - MLB and NBA Playoffs

To listen to past shows, be sure to visit our Sportsmemo Podcast Homepage.

ITunes users can subscribe to the show by searching "Sportsmemo" in the podcast directory.

Tags: MLB NBA Teddy Covers Andrew Lange

NFL says players can't attend charity event because of casino ties

06.03.2016     08:54 AM     Printer Friendly blog entry.
The NFL is at it again. This time it decided that a children's charity bowling event at Las Vegas' Sunset Station Casino was "against policy."

“That’s a great question and we do not have the answer to that. That’s one of the many unknown things about the NFL and the way that they have chosen to enforce certain policies against certain groups. Why they were OK with it is anyone’s guess. There’s no consistency with what the NFL does in regards to these policies,” Pettit said.

“The NFL has a tendency to selectively enforce their own policies when it’s convenient for them or when it makes sense for them.”

Tags: NFL Las Vegas

Books on Sports Betting: The story of the Arizona State point shaving scandal

05.18.2016     08:34 AM     Printer Friendly blog entry.
If you like to read books on sports betting, earlier this year “No Grey Areas: The Inside Story of the Largest Point Shaving Scandal in History and the Consequences Thereafter” was published. It's the story of the infamous Arizona State basketball point shaving scandal. Here's a fairly positive review of the book.

Tags: College Basketball Arizona State Sun Devils

Nyquist a big favorite to win Preakness Stakes

05.17.2016     08:10 AM     Printer Friendly blog entry.
The Preakness is this weekend and Kentucky Derby winner Nyquist is the prohibited favorite. 5Dimes lists Nyquist at -175 to win and +135 on the field. The 3-year-old bay colt is +220 to win the Triple Crown. The weekend forecast is calling for heavy rain.

Tags: Horse Racing

MLB Gambling News: Kansas City places Young and Medlen on DL

05.13.2016     06:28 AM     Printer Friendly blog entry.
Perhaps some addition by subtraction as Kansas City placed Chris Young (6.68 ERA) and Kris Medlen (7.77) on the DL. The Royals, whose starters rank 24th in ERA at 4.91, will move relievers Dillon Gee and Danny Duffy into the rotation. Both pitchers will be on a pitch count until they gain enough endurance. Gee is slated to toss Saturday while Duffy will get the nod of Sunday -- both games against Atlanta.

Tags: MLB Kansas City Royals Atlanta Braves

Let's all dream about Mayweather vs. McGregor

05.10.2016     08:16 AM     Printer Friendly blog entry.
Look, we’d all love to see Floyd Mayweather get pummeled. But Conor McGregor is not the answer. The mythical fight has Floyd as a -2000 favorite which is probably a little short.

"Floyd went mad after Conor said he would crush him and knock him out in 30 seconds, he's obsessed with making Conor eat his words," someone who was not identified told The Sun. "It was agreed in principle on May 2, but Floyd wouldn't reveal the identity of his opponent until last night when he told friends he'll be fighting Conor."

Tags: Boxing Floyd Mayweather


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