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Bookmaker reminisces on big moneyline score from Big Dance upset

03.15.2013     06:55 AM     Printer Friendly
SportsMemo.com blog entry.
Story of a Las Vegas bookmaker who hit it big when in 2004 a bettor came in bet a hefty amount on No. 2 seed Gonzaga on the moneyline vs. No. 10 seed Nevada. The Zags were around a 9-point favorite and got blasted 91-72. Score one for the bookies.


It was the 2004 NCAA basketball tournament, and our man was back. We put moneylines on every game, even with the No. 1 seeds playing a No. 16. He was starting to get a little cocky, making parlays with some of the top-seeded teams. In the first round, he had bet us eight parlays at $100,000 each, and hit them all.






Tags: College Baskeball Las Vegas




Las Vegas sportsbooks posted big earnings in 2012

02.12.2013     07:36 AM     Printer Friendly
Las Vegas sportsbooks hauled in a $170 million profit in 2012 – nearly a 21% increase over 2011. The books reportedly clean up in pro and college hoops as well as September football.



Tags: Las Vegas




Perry's Super Bowl XX touchdown started the prop bet explosion

02.01.2013     07:32 AM     Printer Friendly
SportsMemo.com blog entry.
Cool article by David McIntire on the history of prop bets in Las Vegas.


As Ditka publicly down-played Perry’s role, the odds soared to as high as 75 to 1, potentially earning bettors $750 in winnings for every ten dollars bet on Perry to score. Then the national media picked up the story, relishing another colorful hook associated with a team that had created their own music video mid-season. As the publicity flowed in to Las Vegas, so did money. By kick-off the odds dropped to 2 to 1. Now a 10 dollar bet on Perry would only earn back 20 bucks.






Tags: NFL Las Vegas




Las Vegas provides bettors with endless options for Super Bowl XLVII

01.31.2013     06:59 AM     Printer Friendly
SportsMemo.com blog entry.
If you live in Las Vegas and are looking for somewhere to watch Super Bowl XLVII, here is your definitive guide courtesy of the Las Vegas Sun. The options range from $1 hotdogs and $2 beer specials to $400 group packages that include bottles of top shelf booze and enough Miller Lites to take down an elephant. Enjoy.



Tags: NFL Super Bowl XLVII Las Vegas




LVH Sportsbook to host free screening of sports betting doc Life on the Line

01.23.2013     07:54 AM     Printer Friendly
UPDATE

According to LVH sportsbook director Jay Kornegay, there will be a free screening of the upcoming sports betting documentary Life on the Line in LVH's 1,500 seat main showroom at 5 pm on Saturday, February 2.





Sportsmemo's Teddy Covers featured in upcoming sports betting movie Life On The Line

01.21.2013     07:54 AM     View Original Blog


I write about sports every week. Next week in this space, I’ll be writing about Super Bowl props. Two weeks from now, it’ll be all about college basketball through the end of March Madness. But not today. Today, Read more



Tags: Las Vegas




Who's up for trying to cheat a casino?

01.17.2013     02:17 PM     Printer Friendly
SportsMemo.com blog entry.
Great read by theverge.com on cheating in casinos.


"I don't know whether they're ever going to come up with a foolproof method where the house is always going to win," he continues. "And basically that's what a casino is supposed to be: every game in the house is rigged. Every game is rigged against the player. They're not fair — they're rigged. In every game there's a house edge they assume they have based on their analysis. And the whole thing a professional player is trying to do is figure where they made their mistake, what were they not expecting me to do, what did they think I wouldn't be able to see that I can see. There's just too many smart people in the world working to make money at the games, that protecting them is an impossibility."





Tags: Las Vegas




Proposed Las Vegas stadium an ideal fit for NFL games/team

01.17.2013     06:24 AM     Printer Friendly
SportsMemo.com blog entry.
So Las Vegas wants to build some sort of "Mega Events Center" similar to that of Cowboys Stadium. If built, said facility would obviously have the capabilities to host football games. What's funny is that those backing the plan aren't asking the NFL to do something logical like pull the plug on Jacksonville or go the expansion route. Instead, they're starting small, like playing host to a preseason game, or the pro bowl. If that works and Bill Belichick and Tom Brady aren’t involved in some elaborate point shaving scandal, then maybe the NFL would warm up to the idea of placing  a franchise in Sin City. The odds on that happening? Not good, according to some.



Tags: Las Vegas NFL




Big weekend for Las Vegas bettors and sportsbooks

01.04.2013     12:59 PM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas sportsbooks gear up for a big weekend starting with Saturday's two NFL Wild Card matchups and ending Monday with the BCS National Championship.


“The national championship game will be equivalent to the pro games for us,” Wynn Las Vegas Race and Sports Director John Avello said. “Normally, the pro games are bigger, but this year they’re all going to be big writes.”

“I’d suggest that game will be the biggest turning point of the weekend,” Vaccaro said. “I’m almost sure we’ll need Minnesota, but not because of straight bets. The Packers will be tied into every parlay and teaser.”

“People who are betting Alabama are going to lay the 9.5 points,” Vaccaro said. “But there are a lot of people who would just rather root for Notre Dame to win. We’ve gotten a little attacked on the Notre Dame moneyline. That’s what we’re seeing so far, and I think that could be what we keep seeing.”





Tags: College Football NFL Las Vegas




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




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



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"Las Vegas'"

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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, and Ian Cameron. 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.   Jul 26, 2014 10:12 AM.