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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




Teddy Covers' Wiseguy Report: Looking at the contenders in the AFC

12.03.2012     09:49 AM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
I spent the last few Sunday’s concentrating on some pretty bad football teams. It’s December now; time to shift my focus towards the other end of the spectrum. This week, I focused on four AFC Playoff contenders. Which teams have the potential to do some damage when January rolls around and which are frauds? Read on to find out!

Indianapolis - Indy is certainly not a Super Bowl contender. But given that they were seven point underdogs at 4-7 Detroit, the betting markets aren’t even calling the Colts a playoff caliber team. Even with starting cornerback Vontae Davis back in the lineup following a four game injury absence, the pass defense spent all afternoon getting torched. Where's the pass rush? Dwight Freeney and Robert Mathis were non-factors here.

The offensive line got dominated by Detroit’s front four for most of the afternoon. Andrew Luck was beaten up, taking one big hit after the next. Coming into the game with four fumbles and 10 INTs in five previous road games, Luck's emphasis was on ball security here. That emphasis didn’t work. He hit seven different receivers in the first half, but also threw a pair Read more


Tags: NFL Indianapolis Colts New England Patriots Baltimore Ravens Houston Texans Teddy Covers




Parlay bettor crushed following Eagles' meaningless punt return touchdown

12.03.2012     08:25 AM     Printer Friendly
We don't know whether these "bad beat" stories are true or not, but if this one is indeed accurate, it has to rank up there with one of the year’s worst. So this dude supposedly hits the first seven games of his eight-teamer heading into Sunday night's Dallas-Philadelphia game. For starters, it is one of the kookiest parlays we’ve ever seen; littered with point buying and two random moneyline underdogs. Anyway, he had Dallas -9.5, and the Cowboys were up 38-27 and punting with 40 seconds remaining in the game. Of course with this being the NFL (and Week 13), the Eagles took the punt to the house – Dallas won 38-33. The bettor stood to win $18K.



Tags: NFL Philadelphia Eagles Dallas Cowboys




NFL Gambling Preview: Houston Texans at Tennessee Titans

11.30.2012     02:43 PM     Teddy Covers     Printer Friendly
Submitted by Teddy Covers

SportsMemo.com blog entry.
Houston at Tennessee
Teddy Covers' Recommendation: Tennessee
Sunday, 10 am PT - CBS
CRIS Opener:
Houston -4.5 O/U 48
CRIS Current: Houston -6.5 O/U 47

Houston is in their single worst spot of the entire season.  The Texans played an OT barnburner in Detroit last week, escaping with a hard fought three point win.  The previous week, the Texans pulled a ‘refuse-to-lose’ at home against the Jags, rallying from two TD’s behind in the fourth quarter for another OT win.  The week before that, the Texans were in a tough, physical game at Chicago in nasty, cold conditions that also was a one score game throughout.  That’s three consecutive ‘max effort’ games in a row.

Up next for Houston?  An AFC showdown at New England on Monday Night Football, with a chance to put themselves firmly in position for homefield edge throughout the playoffs.  In between those previous games and the Monday Read more


Tags: NFL Tennessee Titans Houston Texans Teddy Covers




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




Tulsa AD named in sports betting investigation

11.28.2012     06:05 AM     Printer Friendly
Tulsa Atheltic Director Ross Parmley's name was brought up in association with the upcoming trial of Oklahoma City bookmaker Teddy Mitchell. Parmley reportedly made bets at an off-screen sportsbook and paid out and collected from Mitchell. According to the feds, Mitchell cashed a check from Parmley in 2009 for the eye-popping amount of $1,782. Parmley says he hasn't made a wager since early 2010.


Adams told The Oklahoman on Sunday that Mitchell “on the bookmaking aspect of it ... was just simply telling people to go on a particular website over in Costa Rica that in our opinion was legal.”

Adams said Tuesday, “It was all legal. Every bit of it was all legal.”











NFL Handicapping: Pittsburgh's Tomlin says Roethlisberger may play

11.27.2012     02:29 PM     Printer Friendly
SportsMemo.com blog entry.
Whoa.


"Right now, Charlie Batch is our quarterback."



Relax, Pittsburgh head coach Mike Tomlin countered by saying that there is a chance Ben Roethlisberger – who threw at practice on Monday – will play Sunday against the Ravens. List him questionable all you want Steelers, you know damn well he’s playing.


"Ben threw the ball," Tomlin said. "He'll take steps maybe toward playing this week. We'll leave that door open. He's got a chance."

"It was a failure," he said. "Very rarely do you lose a game and can point to a few ares of failure for why you lost, but we turned the ball over and were penalized on offense. We talked all week about being backup quarterback friendly.

"Those things aren't quarterback friendly. I chiefly accept responsibility for the lack of ball security. That eliminated any chance for rhythm and success. Read more



Tags: NFL Pittsburgh Steelers Baltimore Ravens




NBA Betting Trends: San Antonio Spurs in tough spot after last night's OT win

11.26.2012     11:17 AM     Printer Friendly
SportsMemo.com blog entry.
San Antonio -5.5 at Washington O/U 192.5

Strong betting trend at work tonight in the NBA with the San Antonio Spurs traveling to Washington. Since 2000, teams off overtime wins are 31-21 SU and 21-41-1 ATS when playing the following night as a favorite. On Sunday, the Spurs beat Toronto 111-106 in double OT. Tonight also marks San Antonio's four road game in six days. Head coach Gregg Popovich is noted for giving some of his veterans rest when fatigued. Tony Parker played 46 minutes against the Raptors while Tim Duncan logged 41 minutes (he played 40+ minutes only twice last season). The Spurs opened as an 8-point favorite but have been bet down to -5.5. 




Tags: NBA San Antonio Spurs Washington Wizards




College Football Handicapping: Conference championship early line moves

11.26.2012     08:03 AM     Printer Friendly
SportsMemo.com blog entry.
Taking a quick look at the early lines moves for this weekend's college football conference championships.

Big East - Louisville at Rutgers (Thursday)
After both teams lost last weekend, Thursday's matchups becomes the de facto title game. Rutgers opened -2.5 but was quickly bet up to -3 across the board.

MAC - Northern Illinois vs. Kent State (Friday at Detroit)
No regular season meeting as both teams finished unblemished in league play. Combined the two squads were 20-4 against the spread. Interesting to see if the market pushes this game off the dead number of 5. CRIS opened NIU -5 but a small move towards Kent bumped it down to -4.5. The rest of the market has held firm at -5.

PAC-12 - UCLA at Stanford (Friday)
Both teams met last week as Stanford jumped out to an early lead and cruised to a 35-17 victory. Note that the Bruins had already wrapped up the PAC-12 South prior to the contest – and are probably happy to be facing the Cardinal as oppose to Oregon. Stanford appears to be much improved since the move to quarterback Kevin Hogan who in four games has connected on 73% of Read more


Tags: College Football SEC PAC-12 Sun Belt C-USA Big Ten SEC Big East MAC




NBA Betting News: Possible lineup changes for Chicago Bulls

11.23.2012     07:43 AM     Printer Friendly
SportsMemo.com blog entry.
Chicago's "circus trip" started out strong with an overtime win against Phoenix. But the Bulls then dropped three straight (0-3 ATS) and find themselves 5-6 on the year. They also sport the league's worst against the spread record at 2-9. According to head coach Tom Thibodeau changes to the starting lineup may be forthcoming. The team travels to Milwaukee on Saturday.


“We’ll see,’’ Thibodeau said when asked if a new lineup was a possibility. “I’m looking at a lot of things.’’

“The defense is not what it used to be,’’ center Joakim Noah said. “It’s not where it was last year, that’s for sure. We’ve got to do better. We just got to do better. Losing three in a row is unacceptable. We’re better than that.

“We’ve just got to trust each other a little bit more on the court. We’ve got to play together a little bit more. We’re a team that’s always been great at Read more



Tags: NBA Chicago Bulls



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