SportsMemo.com
Login:
Click to Use Secure Login
All Available Packages
NOTICE: If you can not view the forum, you may need to log out of SportsMemo.com and log back in to recreate your forum session.
HOMERECAPRADIOFORUMBLOGSLIVE ODDSBESTBETSHANDICAPPERS TWITTERRSS FEEDFACEBOOKEMAIL & CONTACTS

Teddy Covers reports on Golden Nugget College Football openers

06.13.2011     11:36 AM     Teddy Covers     Printer Friendly

Submitted by Teddy Covers

SportsMemo.com blog entry.
In 2010, when the Golden Nugget opened up betting on their 200 college football “Games of the Year”, there were long lines for several hours as bettors jockeyed with one another to take their crack at college football’s very first pointspreads.  With a $1000 maximum bet and a three bet per customer limit, wise guys spent a good portion of the afternoon making repeated trips to the betting window.

Golden Nugget sportsbook director Tony Miller: “Last year, we had lines out the door… it was a frenzy.”   The Nugget wrote close to $130,000 on the first day they posted their lines.

When the Nugget posted their advanced college football lines this past Friday, the action was somewhat subdued compared to last year – shorter lines and less frenzy.  Some of the lesser handle was a result of competition.  Cantor Gaming opened their NFL lines for every single regular season game at the M Casino on the same day; another highly attractive wise guy destination.  Some of the reduced handle had to do with the smaller menu this year – after the Nugget got hammered last year, they cut their number of game nearly in half; from 200 games in 2010 to 105 this year. 

Last year, the lines built up in anticipation of the numbers coming out, but the numbers came out later than expected.  This year, the numbers came out right on time, allowing the “early birds to get the worms” so to speak.  The uncertain state of the offshore betting world was probably a factor as well – there simply isn’t as much wise guy money floating around today as there was a year ago (or two, or three) at this time.

Miller, talking about the books willingness to post early numbers, despite the beating they took last year: “Yeah, it’s a risky move and, like always, we’ve had things work for us and against us.  But in the end, it’s worth it. For this one day, we’ll have more handle than anywhere else in the state.”

Even if you didn’t make it down to the Nugget for the openers, there is still one major advantage to having these opening numbers sitting for us to bet all summer.  You can bet any information that comes out in the weeks and months to follow.  One of the biggest losers for the Nugget last year was North Carolina.  Bettors wagered against the Tar Heels repeatedly as NCAA allegations and then suspensions dogged the program all summer. 

Bettors had a better handle on the situation than the oddsmakers, and Butch Davis’s squad was a real money loser for the house.  We can expect that at some point this summer, some “hot off the presses” info will come out on one or two teams, giving fast moving bettors an opportunity to bet information, not opinions.

It’s not hard to tell what teams the earliest bettors were interested in supporting and what teams they were looking to fade.  The line moves tell the entire story, and there were a handful of significant moves within the first few hours after the numbers were posted.

Popular “bet on” teams at the Nugget this past Friday included Tennessee, Georgia, Notre Dame, Northwestern and LSU.  All five schools took multiple bets in more than one game, driving the line in their direction.

Popular “bet against” teams included Auburn, Michigan, TCU, Mississippi State and Florida.  All five were fade material; either shorter favorites or bigger underdogs now than they were at the opener.

If those lists seem SEC heavy, it’s because they are!  Of the 105 games, 36 featured at least one SEC team.  The Big Ten, Big-12 and PAC-12 were all heavily represented as well.  The Nugget didn’t show any hometown or home-state love this year – neither UNLV nor Nevada-Reno were listed even once.

Tomorrow, I’ll post a brief synopsis of those ten teams in an effort to explain the betting attention they received.

Tags: College Football Golden Nugget Teddy Covers




This blog is closed to new comments.

Visitor Comments:




VIP EMAIL CLUB
Add Your Email Address:
How did you find us?


More VIP Email Options
 
MLB
Current Blog Topics
Ted Sevransky Hot Links
Current Blog Topics
SportsMemo Ads
Daily Plays
$29
Since the start of 2017, OTTO Sports has been a beast with his 20* selections; cashing in at a 59% clip for nearly +33 units of profit. The NBA has also been rock solid with 58% winners YTD. For Saturday, he checks in with his STRONGEST underdog for the month of January. It's a guaranteed winner or his next hoops selection is free.

$20
Sportsmemo college basketball top producer Brent Crow has been producing winners all season long with a 61% winning rate and +15 units of profit. For Saturday, he comes in with a monster totals selection. Lock in Crow's top play for $20. It must cash or tomorrow's top selection is on the house.

$20
Ian Cameron has banked +15.83 units of profit in NHL Hockey action since 2012. Ian has cashed three of his last four NHL releases and he is ready to deliver more profits tonight with his 10* NHL Saturday Top Play. You can get it complete with detailed written analysis for $20 and it is guaranteed to cash or his next NHL play is free.

$20
Ian Cameron is ready to deliver the profits in College Basketball action on Saturday night with his 10* CBB West Coast Winner. You can get it complete with detailed written analysis for $20 and it is guaranteed to cash or his next CBB play is free.

$20
Teddy has lived in Las Vegas since 1998, developing a powerful network among the most influential bettors & bookmakers in the country. Those sources have made it perfectly clear. Sharp $$ is pouring in on this NBA side and Teddy is ready to join in on the profit party! Bet what the pros are betting and cash in tonight! This play must win or his next report is FREE!

$39
Teddy has delivered the goods for himself and his clients here in the NFL Playoffs, cashing at an 80% clip through the first two weekends of action! Expect one more rock solid cash on Sunday with this 20* Big Ticket Top Total winner as the Vikings and Eagles battle in Philly. Shootout or grinder? Ride the hot hand & find out here, before it happens! This play must win or his next report is FREE!

$39
OTTO Sports has been ultra consistent with his college and pro football 20*s having cashed right at 60% over the last three seasons. He's also been red hot in the NFL with a current run of 71% winners and over +13 units dating back to October. For this weekend, he comes in with a 20* total on one of the Conference Championship matchups. Lock it in for $39. It's guaranteed to cash or his next top rated football play is free.

$39
Rob Veno has carved a place for himself among the ELITE Best Bet handicappers in the country and his 20* Bluechips have been a major part of that success. Since January 2014 Rob has hit an outstanding long term 60.0% with these selections in all sports resulting in +106.4 units of profit. Rob looks to add to the dominance with his 20* NFL Bluechip Divisional Round Total. This play must win or his next 20* report will be yours free of charge.


Extended Services
-----------SportsMemo-----------
SportsMemo Ads
Discussion Forum
-------------------------------------
Post Subject
Date
11.28 12:29
11.28 12:20
11.28 12:18
10.21 10:35
10.14 17:03

-------------------------------------
Current Blog
-------------------------------------
Ted Sevransky     01.19.2018 9:36 AM
Ted Sevransky     01.17.2018 12:41 PM
Ted Sevransky     01.12.2018 12:29 PM
Ted Sevransky     01.05.2018 8:42 AM
Ted Sevransky     12.30.2017 6:51 PM

More Blog Entries Submitted by Teddy Covers

-------------------------------------
-----------SportsMemo-----------





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, Ian Cameron, and Drew Martin. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at Sportsmemo.com.  Missed the Sportsmemo Podcast?  Past shows are available on Sportsmemo.com's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, 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.   Jan 20, 2018 03:10 PM.