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May

28

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Feds use Skype to bust illegal sports betting

04.29.2013     07:32 AM     Printer Friendly
SportsMemo.com blog entry.
Great. Now the Feds are wire-tapping Skype as a means to bring down illegal sports betting operations.


They discussed Lasso's efforts to wire hundreds of thousands of dollars from illegal gambling websites into Panamanian banks and companies that she had set up as fronts to launder money, according to a federal complaint.

Law enforcement authorities said the pair mistakenly believed their conversation on Skype that day could not be captured on a wiretap. They were wrong.












NBA Gambling Alert: Westbrook worth four points to spread according to betting markets

04.26.2013     11:44 AM     Printer Friendly
SportsMemo.com blog entry.
Oklahoma City at Houston -1 O/U 208

So by now you've heard that Oklahoma City's Russell Westbrook is out with indefinately with a knee injury. He'll need surgery and his return at this point is up in the air. Now obviously Westbrook is worth a few points to the spread and total. Once news broke, sportsbooks scrambled to the take the game off the board while some have since reopened the game. Prior the the announcement, Oklahoma City was a 3-point road favorite with a total of 211. CRIS reopened the game a pick 'em with a total of 210. As of 11:30 am PT, the Rockets are a 1-point favorite while the total has clicked down to 208. We'll keep you posted if any significant line moves take place for Saturday's contest.


"We're not trying to rush him or bring him back ahead of schedule. We want to make sure he's healthy and his knee

Read more



Tags: NBA Oklahoma City Thunder Houston Rockets




Sportsbooks post prop bets on tonight's NFL Draft

04.25.2013     12:17 PM     Printer Friendly
SportsMemo.com blog entry.
They are calling it the least anticipated NFL Draft in years but that hasn't stopped various sportsbooks from posting prop bets on tonight's first round (NFL Network, 5 pm PT). Below are lines from both Bookmaker and The Greek. You know it's a lame draft when the over/under on number of running backs in the first round is one (with juice to the under) and Geno Smith is considered by many to be the top quarterback prospect.

1st Round Prop Bets
Total Offensive Players
Bookmaker - 13.5
Greek - 11ov-1200

Total Defensive Players
Bookmaker - 18.5
Greek - 21.5un-1200

Total Players from ACC
Bookmaker - 4ov-165
Greek - 4ov-135

Total Players from Big XII
Bookmaker - 4
Greek - 4

Total Players from PAC-12
Bookmaker - 4
Greek - 4

Total Players from SEC
Bookmaker - 13un-310
Greek - 13un-300

Total Running Backs
Bookmaker - 1un-160
Greek - 1un-160

Total Wide Receivers + Tight Ends
Bookmaker - 5un-300
Greek - Read more



Tags: NFL




MLB Gambling News: Washington's Gonzalez makes mechanical adjustments

04.25.2013     07:25 AM     Printer Friendly
SportsMemo.com blog entry.
Cincinnati (Arroyo) at Washington (Gonzalez) -135 O/U 7.5

Washington Gio Gonzalez has been having a rough go of it of late with back-to-back non-quality starts. According to Gonzalez, he's rushing his delivery and it is having an impact on his arm slot. The issue was reportedly addressed during a recent bullpen session. In three career starts vs. Cincinnati, Gonzalez has allowed only two earned runs (0.95 ERA).


“It seems like after the first two games [my arm slot] started changing a little bit more,” he said. “Arm wasn’t catching up where I wanted it to be. Location is not where I want it to be.”

“I feel like my arm isn’t catching up to where I want it to be,” he said. “My arm slot is not where it is.”







Tags: MLB Cincinnati Reds Washington Nationals




Crappy sportsbook shuts down and transfers bettors' accounts to another crappy sportsbook

04.23.2013     06:50 AM     Printer Friendly
UPDATE

Last week, Legends Sportsbook was officially shut down in connection with yet another sports gambling bust. Below is Legends' official statement. It looks like customers will have their accounts transferred to WagerWeb which according to Sportsbook Review carries a grade of C+.


Dear customers,

Due to recent events surrounding Legends Sports’ gaming license being revoked in Panama, Legends has ceased accepting wagers at this time.

After careful consideration WagerWeb Sportsbook and Casino has agreed to give players from Legends a new home with their full balance intact. This is a huge undertaking, and as such we ask that players be patient and understanding as we accommodate every one of our new clients. WagerWeb will be assuming responsibility for all accounts both funded and non-funded. Wagerweb will be requiring all pass through accounts with a balance fulfill a maximum 5X (Rollover of their balance) before any funds can be withdrawn.

WagerWeb has agreed to assist Legends customers

Read more








NFL player has charges dismissed in casino case

04.23.2013     06:40 AM     Printer Friendly
UPDATE

The one where an NFL player allegedly cheated at craps at a Las Vegas Casino but the charges were dismissed.





NFL player nabbed for cheating Vegas casino

03.15.2013     11:14 AM     View Original Blog


The one where an NFL player gets busted for allegedly cheating at craps at a Las Vegas Casino.









NBA Handicapper Free Pick: Memphis Grizzlies at Los Angeles Clippers

04.22.2013     11:22 AM     ICC     Printer Friendly
Submitted by ICC

SportsMemo.com blog entry.
Memphis +6 at LA Clippers O/U 180
Recommendation: Memphis


I expect a strong bounce back effort from the Memphis Grizzlies tonight in Game 2 of their Western Conference Quarterfinal series against the Los Angeles Clippers. Memphis was not happy as a team about their 112-91 Game 1 loss. Throughout the regular season the Grizzlies boasted one of the best defenses in the NBA but were torched for 112 points on 55.4% shooting.

Memphis was particularly disappointed with its performance on the glass; outrebounded 47-23. Marc Gasol voiced his displeasure about the Grizzlies effort on the boards in Game 1: “That’s not acceptable. Once we made a stop, they kept running in and getting offensive rebounds and second-chance points. We have to be better than that. The rebounds were the difference.” The 23 rebounds in Game 1 were the lowest the Grizzlies have ever had in a playoff game. Facing an 0-2 series hole, I expect a much better effort in the battle for loose balls Read more



Tags: NBA Memphis Grizzlies Los Angeles Clippers Ian Cameron




Teddy Covers' Las Vegas Wise Guy Report: NFL Week 1 lines and the upcoming draft

04.22.2013     08:15 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
It’s time to give Jay Kornegay and his staff at the LVH Superbook credit once again for being the first to market here in Las Vegas with Week 1 NFL numbers.  Don’t tell me Kornegay wasn’t ready!  The NFL announced the 2013 schedule last Thursday evening, and the LVH had their sides and totals posted by noon on Friday.  For an older, non-strip property that lacks a marque signature attraction, Kornegay’s aggressive bookmaking tactics have, quite frankly, allowed the LVH to remain relevant in a difficult era for many similar aging off-strip casinos.

When those Week 1 pointspreads were posted, bettors didn’t flock to the betting windows to lock up their money until September with a wager.  In fact, the betting marketplace gave a collective yawn, with only a handful of big bets written over the weekend on sides or totals.  Why the lack of initial movement?  Two reasons!

First, Jay put up good numbers.  There were no obvious “mistake” lines causing a flurry of betting activity.  And secondly – probably most importantly – we haven’t seen competing books put up alternate Read more



Tags: NFL Teddy Covers




Sportsmemo Handicapper Andrew Lange gives the scoop on betting baseball

04.17.2013     01:05 PM     Andrew Lange     Printer Friendly
Submitted by Andrew Lange

SportsMemo.com blog entry.
Someone on Twitter sent me a direct message asking how I go about handicapping baseball so I figured I'd share some of my methods here in the blog.

For starters, I try to keep things as simple as possible. Yes, that's a broad statement but there are a ton of factors when it comes to breaking down a baseball game and in my opinion if you try to include them all you inevitably end up with legitimate arguments for both sides – something that can be extremely frustrating. So I’m basically looking to isolate two or three things that I feel with have the biggest impact on the game – one of which is starting pitching which we’ll get to here in a bit.

In terms of price, I tend to stick with short favorites, underdogs, and totals. Value is value whether the price is -105 or -180 but it takes a while for oddsmakers and the betting markets to figure out a lot of these pitchers and teams. In some instances, there is no real mystery – Clayton Kershaw is pretty damn good, and the Houston Astros are awful. But for the first month of so of the season there are a lot of unknowns and as a result a lot of games are mispriced. I see pitchers and teams Read more



Tags: MLB Andrew Lange




NBA Betting News: Season Over/Under bets canceled for Celtics and Pacers

04.16.2013     07:43 AM     Printer Friendly
SportsMemo.com blog entry.
Due to the unfortunate circumstances of yesterday's Boston Marathon bombing, the Boston Celtics canceled their game against the Indiana Pacers. Both teams had already locked up their respective playoff seeds but for bettors there was still something to play for with Indiana (49-31) right on its regular season over/under wins mark. According to LVH oddsmaker Jeff Sherman, Las Vegas rules indicate that a team must play all 82 regular season games for a season o/u bet to be final. As a result, all wagers on the Celtics and Pacers, both under and over, were canceled.


Jeff Sherman ‏@golfodds 12h
@JPowerline we dislike having this situation arise but going into the season try to come up with the fairest stipulations for both sides

Jeff Sherman ‏@golfodds 13h
@WagerMinds we opened Pacers 51, went as low as 49.5 ... they're sitting at 49 wins so tomorrow's game meant quite a bit to it

Jeff Sherman ‏@golfodds 14h
with the cancellation of tomorrow's Celtics/Pacers game, season wins on those two teams are refunds as team must play 82 games for action







Tags: NBA Boston Celtics Indiana Pacers



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