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Las Vegas hosts World Series of Beer Pong VIII

01.03.2013     08:28 AM     Printer Friendly
SportsMemo.com blog entry.

"These people come out here not because they like to drink but because they like to meet people, have a good time," Gaines said.



Yes, folks, quotes like that can only mean one thing – the World Series of Beer Pong is back. Channel your inner-bro and get down to Las Vegas’ Flamingo Hotel and Casino. Winner takes home 50K!





Tags: Las Vegas




BCS Championship: Average bettors show support for underdog Notre Dame

01.02.2013     08:40 AM     Printer Friendly
SportsMemo.com blog entry.
Alabama -10 vs. Notre Dame O/U 41.5

According to some reports, the betting pattern for the BCS Championship up until this point has been the public on Notre Dame and the sharps on Alabama. The Crimson Tide remain a 10-point favorite offshore with a majority of Las Vegas sportsbooks dealing 9.5.


“After the initial money came in driving the game to 9.5, it has slowed down a bit as concentrations has been spread to the other bowls,” Sherman said in an email. “When the majority of the money comes in on the days leading up to the game, I still expect it to be one of the most heavily wagered BCS Championship Games in recent memory.”







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




Las Vegas oddsmakers painfully remember Week 9 of the NFL regular season

01.02.2013     07:10 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas oddsmakers look back the disastrous NFL Week 9 in which favorites went 10-2 ATS and seven games went OVER the total.


"It's like you're a passenger trapped on a train to hell," said Jay Rood, whose 12 MGM Resorts' sports books at properties including Mandalay Bay, Mirage and Bellagio took a seven-figure hit that day.

"We know people will bet the Packers regardless, but all it takes is one sharp to say, 'Here's $50,000 on the Vikings,' to counteract making a [quick] line simply for the public," Kornegay said.

"Looking at this, I can tell you we'll need the underdogs to win in every game. Again," he said.







Tags: NFL Las Vegas




College Basketball Betting Free Play: Oregon Ducks at UTEP Miners

12.19.2012     11:39 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Oregon -4.5 at UTEP O/U 129
Recommendation: Oregon


Dana Altman has been a master at guiding his teams to wins in close games dating all the way back to his first head coaching job at Kansas State in back in the 90's. It was a similar story during his decade and a half coaching at Creighton.

Altman took a seven win Bluejays team upon arrival and turned them into an NCAA tourney team from a 1 or 2 bid conference for five consecutive years within four years of taking the job. He's building a similar program at Oregon; a squad that won seven PAC-12 games in his first year on the job, then went 13-5 in conference last year. Oregon is, quite simply a well-coached team that is quite likely to make us money this year, just like they did last year when they were a 'Top 25' team in terms of profitability!

The Ducks are balanced, with six players averaging between nine and eleven points per game, able to withstand a poor performance from just about anyone on Read more



Tags: College Basketball Oregon Ducks UTEP Miners Teddy Covers




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



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