Tuesday, June 21, 2016

Las Vegas Sports Books Buried with Cavs Game 7 Win

The Cavaliers stopped by Las Vegas to party Sunday night after Game 7.
The rally cry for Cleveland fans over the past 52 years of trying to win a championship of any kind has been “We Believe.” There may have been no better proof of fans believing in the Cavaliers than what happened in Las Vegas sportsbooks Sunday night for Game 7 of the NBA Finals when they emphatically put their money on the counter.

The Cavaliers’ 93-89 win over the Warriors made most Las Vegas sportsbooks big losers on the day with a combination of payouts taking the Cavs +5, +150 on the moneyline and a variation of series prices with a high of 10-to-1 odds after Game 4 when the Cavs were down 3-1.

Despite the media constantly questioning LeBron James’ legacy following a Game 4 loss, the fans and bettors believed enough in the Cavs to make the books losers in Games 5, 6 and 7.

“It wasn’t a good day for us at all,” said MGM Resorts sportsbook hub manager Jeff Stoneback. “We had a bunch of house players take the Cavs (+5) with six figure wagers and then we had that big loss on the series price after Game 4.”

Last week Stoneback said after Game 4 that his books had taken over $100,000 in risk on the Cavs to win the series at 10-to-1 odds. Before Games 5 and 6, he tried to offer the lowest series price on the Warriors in town, but no one wanted them and kept betting the bad price on the Cavs.

No team had ever come back from a 3-1 deficit to win the NBA Finals, but the Cavs fans believed and put their money where their hearts were and cashed big time Sunday night.

Station Casinos sportsbook director Jason McCormick said they escaped with a small win on Game 7 just because the game stayed UNDER (206) the total, but said they got “beat up pretty good on the series.”

CG Technology’s VP of risk management Jason Simbal said they lost on both the game and series. Westgate SuperBook VP Jay Kornegay said, “We needed Golden State in Game 7 for almost everything. It wasn’t a knockout punch, but it was a solid jab.”

The scene at the Mirage sportsbook prior to Game 7 was something that kind of shocked Stoneback.

“I’ve never seen a crowd so big for an NBA game, ever,” said Stoneback who has worked in Vegas books for 28 years. “It was standing room only, a massive crowd. We had every seat taken in the room an hour-and-half before the game. Never seen that before – all the bleachers along the side and couches were occupied hours before the game.”

Read More Here......Gaming Today

Tuesday, June 14, 2016

Cavaliers find support for Series and Game 6

Mirage sports book in Las Vegas.
LAS VEGAS -- NBA Finals bettors have a lot to think about before wagering on Thursday's Game 6 at the Quicken Loans Center where do-or-die Cleveland is a 2.5-point favorite over Golden State at most Las Vegas sports books.

Can the Cavs duplicate the insanely efficient Game 6 performance where they won 112-97 to cut the Warriors lead to 3-2. Or do the Warriors step up with Draymond Green back in the lineup and win a Game 6 and an NBA Championship at Cleveland for the second consecutive year?

In Monday's game the Cavs played to the high level most saw when they began the playoffs on a 10-0 run. LeBron James and Kyrie Irving both scored 41-points in the runaway win becoming the only duo in NBA Finals to score more than 40 in a game.

They didn't seem to miss -- especially early on -- combining to make 33 of 54 shots while letting Kevin Love shoot only five times (2 pts in 33 mins). James and also chipped in with 18 boards and seven assists in a game he was obviously charged up for.

So what are bettors on the strip saying?

MGM Resorts sports book hub director Jeff Stoneback already heard people talking when he came into work Tuesday morning. "A regular bettor with us came up to me this morning saying 'I don't know who to play for the next game."

There's a feeling that nobody can beat the Cavs if Kyrie and LeBron do what they did in Game 5, but the same can be said for Klay Thompson and Stephen Curry. Which duo does the best? And does momentum carry over into Cleveland with a city that will be going absolutely wild as they hope to win its first pro sports championship since 1964. "We're still alive, we believe".

After the home team won and covered the first three games, the last two have been won by the road underdogs. Stoneback said bettors were on the Cavs in Game 6 and they were even taking +5.5 when there were +6 and +6.5s available around town. He said they were a small loser after getting late Warriors money to help balance the risk.

An area where the MGM books aren't balanced is the series price.

"We had lots of people playing the Cavs adjusted series price taking 10-to-1 prior to Game 5," said Stoneback.

Read More Here...VegasInsider.com

Tuesday, June 7, 2016

Westgate to pull 8% administrative fee from SuperContest money pool

Eight percent might not be enough for Westgate to break even on SuperContest
The Westgate Las Vegas SuperBook announced two weeks ago they would start accepting entries to its popular SuperContest on July 1.

Last week in a series of tweets sent out by the book, they announced the entry fee would remain at $1,500 but “due to rising costs, time and resources we have to dedicate to the event, there will be an 8% ad fee.”

The ad fee is for administrative costs associated with the SuperContest, the premier sports handicapping tournament in the world where contestants choose five NFL sides a week against the spread for 17 weeks. However, it wasn’t long before the SuperBook got a few tweets from the public showing its displeasure with the move, many of those who probably don’t even participate in the contest.

My immediate thought was an administrative fee was actually long overdue. In addition to the Westgate paying the bonus fees of up to $40,000 out of their own pockets, they have advertising fees (about $35,000 is my guess), and credit card fees (maybe $20,000?) have never been talked about.

Think around $90,000 right there in costs out the window in what is an annual loss-leader for the SuperBook. They also pay for the six free SuperContest entry fees given away during SuperContest weekend (Aug. 26-27 this year).

But why should they have to incur losses on something so wildly popular? Last season a record 1,727 people competed with the winner taking home $906,675 (35% of the pot). The SuperBook created a giant, but after it’s all over each season they should be able to at least say they broke even with the venture.

The SuperContest also doesn’t run on auto-pilot. They use thousands of hours of manpower from April through February to operate this thing, and not all from the book itself. It’s an encompassing project throughout the casino and involves services from Westgate departments like accounting, legal, marketing, security and I.T.

What’s the estimated labor cost? Is $85,000 too low an estimate? How about $125,000? It’s a chunky figure for a non-revenue generating venture.

Read More Here.....Gaming Today

Friday, June 3, 2016

Friday MLB Play of the Day: Giants at Cardinals

Johnny Cueto has +8.3 units of profit this season, second-best in MLB.
Line: Giants -108 Total: 7.5 (under -120)

LAS VEGAS -- Who is the best team in baseball? You might be inclined to say the Cubs based on their MLB-best 37-15 record and +2.6 margin of victory per game, but I'll take my chances in any debate with the Giants, who look like strong candidates to win their fourth straight World Series in an even numbered year (2010, 2012 and 2014).

A big part of the reason the Giants (34-22, +9.03 units of profit) look like good bet at 7-to-1 to win the World Series is because of Johnny Cueto (8-1, 2.31 ERA) who takes the mound tonight at St. Louis as a slight -108 favorite over Adam Wainwright (5-3, 5.71). San Francisco has won 10 of Cueto's 11 starts this season, including his last seven and all six of his road starts. In eight of his starts he's allowed two runs or less, and he's done it in his last five.

Read More Here......on TheLinemakers.com

Thursday, June 2, 2016

Royals-to-OVER parlay has cashed eight of last nine games

Eric Hosmer has has 12 RBIs during Royals' six-game win streak.
LAS VEGAS -- The Royals have an incredible streak currently going for side-to-total parlay bettors as they begin a four-game series at Cleveland tonight where the Indians are -170 favorites to win at least three of the games. In tonight's opener, Carlos Carrasco — fresh off the DL — is a -160 favorite over Yordano Ventura with a total set at 7.5-flat.

Kansas City (30-22, +8.01 units) has won six straight with home sweeps over the White Sox and Rays to take a two game lead in the AL Central, a division where the top four teams are separated by only five games. Cleveland (27-24, -2.31) has lost four of its past six games — all six went OVER, but have an impressive 14-7 record against AL Central teams.

The interesting part about the Royals run for bettors is that while winning eight of its last nine, all nine games went OVER the total. That's eight of the last nine games where the Royals-to-OVER parlay cashed. The team has hit a red-hot .358 over that span.

Read More Here.......TheLinemakers.com with the free plays on KC/CLEV

2016 NBA Finals Game 1 Action Report from Las Vegas

Cavs took the Warriors to 6 games in 2015 Finals without Irving and Love.
LAS VEGAS -- Bettors have a dilemma on their hands for Game 1 of the NBA Finals tonight. Do they ride with a healthy Cavaliers team that won its first 10 playoff games, or do they they side with the suddenly hot Warriors, who won three straight to close out the Western Conference Finals after being down 3-1 to the Thunder, which included two embarrassing defeats.

With three full days of action across Las Vegas sports books, the public appears to be siding with the defending champs, but there's almost an equal mixture numbers available with the Warriors posted as -5.5 to 6-point favorites.

William Hill sports books opened the Warriors Monday night as 5.5-point favorites and the number stood still until Wednesday morning when they moved to -6, but the move wasn't necessarily based on action.

"We're dead even so far," William Hill's head oddsmaker Nick Bogdanvich said Thursday morning. "We're a little high on the OVER (208.5), but overall on the game we're balanced. The area we're buried on is the series price with everyone jumping on Cleveland. We have the lowest price with Golden State at -200 and no one is touching them."

Just as Bogdanovich was discussing the series action, he was miffed as he saw another wager light up the screen from one of his 105 locations across the state.

MORE: NBA live odds page

"Here comes another one. Another large wager on the Cavs to win the series and they're taking the worst price in town."

Read More Here........TheLinemakers.com

Thursday, May 26, 2016

South Point posts season win totals for ever College Football team

South Point is first sports book to post totals on every team. 
LAS VEGAS -- For the first time ever in Nevada sports book history, regular season win totals have been posted on all 128 Division I college football teams. And to make the unprecedented move even more astounding is that it's only May with the first kickoff not occurring until August 27.

The architect of the early numbers is veteran bookmaker Chris Andrews who took over as South Point sports book director in February. He's been hammering away at all the info he can gather on every school since taking over.

"I start compiling everything for all the teams right after the Super Bowl," said Andrews, a Pittsburgh native who has ran Nevada books for 37 years. "I track down what I can get for every school with the local papers and school web sites, and for a few teams the info is pretty hard to come by."

Two weeks ago the South Point was the first in Nevada to post spreads for the first week of college football action and also offered 40 'Games of the Year' numbers for the marquee match-ups. On Thursday he unleashed win totals on every school and offered some insight to key components in his oddsmaking process.

"When I do my ratings for each team, I always lean heavily on the offensive line with returning starters," he said. "I'm a big believer that stability in the offensive line is key for teams performing well early in the schedule. I don't have a math model, but I certainly have a methodology to produce the team ratings and win totals I'm comfortable with."

He's taking a dime on the Power-5 conference teams and a nickel on the other schools.

Read More Here.....totals for every College Football team posted at VegasInsider.com

Tuesday, April 26, 2016

William Hill odds to win 2016 MLB MVP and Cy Young Awards

Las Vegan Bryce Harper is having everyone belive he is the next coming of greatness in MLB.
AL/NL CY YOUNG & MVP UPDATED ODDS AND TRENDS
Below are two charts showing the current odds and trends for the top 5 players to win the AL/NL CY Young and the top 10 players to win AL/NL MVP award at William Hill’s 105 Nevada Sports Book and on the Mobile Sports app. The percentage of total dollars wagered are also listed in the chart for each category. Bettors currently favor Clayton Kershaw (51%) and Chris Sale (48%) the most by total dollars wagered to win the NL/AL CY Young award. Bryce Harper (82%) and Jose Altuve (65%) are being backed the most at William Hill to win the NL/AL MVP award.

@WILLIAMHILLUS ODDS TO WIN 2016 NL CY YOUNG
Current Odds (4/26/16)
% of total $’s Wagered @WILLIAMHILLUS
@WILLIAMHILLUS ODDS TO WIN 2016 AL CY YOUNG
Current Odds (4/26/16)
% of total $’s Wagered @WILLIAMHILLUS
CLAYTON KERSHAW
3/2
51%
CHRIS SALE
7/5
48%
JAKE ARREITA
3/2
40%
SONNY GRAY
17/2
38%
FIELD
4/1
5%
FIELD
+225
8%
MADISON BUMGARNER
12/1
2%
DAVID PRICE
10/1
3%
JOHNNY CUETO
25/1
2%
DALLAS KEUCHEL
10/1
2%

@WILLIAMHILLUS ODDS TO WIN 2016 NL MVP
Current Odds (4/26/16)
% of total $’s Wagered @WILLIAMHILLUS
@WILLIAMHILLUS ODDS TO WIN 2016 AL MVP
Current Odds (4/26/16)
% of total $’s Wagered @WILLIAMHILLUS
BRYCE HARPER
EVEN
82%
JOSE ALTUVE
15/2
65%
ANTHONY RIZZO
12/1
7%
CHRIS SALE
20/1
15%
CLAYTON KERSHAW
25/1
3%
MANNY MACHADO
11/2
5%
NOLAN ARENADO
18/1
2%
MOOKIE BETTS
40/1
4%
KRIS BRYANT
17/2
1%
JOSH DONALDSON
5/1
3%
FIELD
4/1
1%
JOSE ABREU
18/1
3%
ANDREW MCCUTCHEN
12/1
1%
CARLOS CORREA
4/1
2%
BUSTER POSEY
10/1
1%
MIGUEL CABRERA
30/1
1%
JASON HEYWARD
75/1
1%
EDWIN ENCARNACION
50/1
1%
PAUL GOLDSCHMIDT
15/1
1%
MIKE TROUT
5/2
1%

Cubs prop posted: 100 wins, lay -160 for OVER

Cubs fans loving the South Point props on their team this season.
LAS VEGAS -- The Washington Nationals had baseball’s best record (14-4) through Sunday, which translates to +8.4 units if betting them every game, which also is the best return on investment. But the really big story of April has been the Cubs at 14-5 and looking every bit like the best team as many prognosticators predicted.

Every year the Cubs are the team with the biggest World Series risk at sportsbooks, just because it’s a normal process for visitors to make the bets for friends and family. There is this love and fascination with the Cubbies because of a history that hasn’t seen them win a World Series since 1908. Also, millions of Americans watched them daily on WGN when cable television started get in everyone’s home in 1980. They partied with Harry Caray daily in the afternoon’s and it just stuck for most.

“Cub fans have been waiting since the (Leo) Durocher years to have a team this good,” said South Point sportsbook director Chris Andrews. “And this team is definitely legit. They have it all; starting pitching, hitting and solid bullpen.”

To capitalize on the popularity of the Cubs, Andrews posted couple of different props for the fans to chew on. One asks whether or not the Cubs will win 100 games or more with YES being -160 and NO +140. I’m starting to believe 100 is a strong possibility.

Initially, I thought 94 wins was a crazy thought just because of Chicago being in the NL Central with St. Louis and Pittsburgh, who both finished ahead of them last season. But Pittsburgh has been disappointing even though they’re 10-9. The past three seasons they had one of the best bullpens, but this year, it stinks. The Bucs pen has blown 3 of 8 save opportunities and has a 4.79 ERA – only six teams are worse. And the starting pitching hasn’t been getting to the seventh inning, so the pen has been worked hard every game. Because of the Pittsburgh rating being dropped, the Cubs become the beneficiary within the division.

Also Jake Arrieta is every bit as good as he was last season when he won the NL Cy Young Award. No way he can duplicate 2015, right? Think again, he’s won all four of his starts and allowed only two earned runs (0.87 ERA). He’s also thrown a no-hitter and even hit a homer. Throw in Jason Hammel allowing only two runs over his four starts plus the bullpen looking outstanding and you can see why I’ve changed my Cubs stance.

Andrews posted a prop on Arrieta asking whether or not he’ll throw a no-hitter again in the 2016 regular season, which he should have about 29 starts remaining. “We opened at NO -700, but the pros bet it up to -800. The public is taking the YES at 6-to-1.”

Still, winning three series makes it tougher than ever to win the World Series, unlike the 1908 Cubs that disposed of the Tigers in five games (4-1). No wild cards, no league championships, it was just one best of seven series way back then. And if the Cubs don’t win it this year, who will be the goat adding to the lovable loser mystique that no other sports franchise has? Have to blame someone, right?

Andrews is getting lots of Cubs future action and dropped their World Series odds from 4-to-1 down to 3-to-1 on Sunday.

Read More Here on NBA and NFL happenings............GamingToday.com

Turn Talladega TV sound down and crank up Tchaikovsky

This track is a flat out badass.
LAS VEGAS -- After seeing the first half of the short track season completed, the first race of May and 10th race of the Sprint Cup season takes us to the biggest, baddest track on the planet.

When I watch races on the 2.66-mile, high-banked monster at Talladega Superspeedway, I like to get the full effect of how awesome it is by turning the volume down on the TV and cranking up Tchaikovsky or Darth Vader’s Imperial March and just watch these drivers play a symphony at over 200 mph, side-by-side, four-wide for three straight hours.

Yes, it may sound a bit dramatic, but it really just plays out better that way, and it makes me real excited twice a year when Talladega races occur. The spring race is actually the best of the two just because I’m not pre-occupied with all those pesky Sunday NFL games in the fall.

The reason Talladega gets theme music and no other track does, is because it’s a beast, an element like no other track. It becomes as much an enemy to each driver as the drivers themselves. It will allow anyone to win, and doesn’t play favorites to any team.

Joe Gibbs Racing has won four straight races on the schedule coming in, but Talladega doesn’t care. Austin Dillon or Ricky Stenholuse Jr. have just as good a shot to win as Carl Edwards, who won the past two races. I like that equality, and we don’t get that anywhere else but Talladega. Daytona is the other track featuring plate racing, but when looking at both tracks from above, Talladega just screams like a horror film. It's total badass!

Read More Here....,GamingToday.com

Warriors and Spurs co-Favorites to win 2016 NBA Championshiop

Oklahoma City Thunder are 8/1 to win 2016 NBA Championship
NBA FUTURES UPDATE:
With the first round of the 2015-16 NBA Playoffs underway, the Golden State Warriors are now the co-favorites (3/2) with the San Antonio Spurs to win the 2015-2016 NBA Championship at William Hill’s 105 Nevada Sports Books and on the Mobile Sports app.

The Los Angeles Clippers are now 50/1 to win the 2015-16 NBA Championship while the Cleveland Cavaliers have moved to 12/5. Below is a chart showing the opening and current odds to win the 2015-16 NBA Championship at William Hill.

TEAM TO WIN 2015-16 PRO BASKETBALL TITLE  @WILLIAMHILLUS
Opening Odds (6/17/15)
Longest Odds
(Date Available)
Current Odds (4/22/16)
CLEVELAND CAVALIERS
7/2
7/2 on 3/14/2016
12/5
GOLDEN STATE WARRIORS
9/2
5/1 on 8/19/2015
3/2
OKLAHOMA CITY THUNDER
6/1
16/1 on 4/22/2016
8/1
LOS ANGELES CLIPPERS
10/1
50/1 on 4/26/2016
50/1
SAN ANTONIO SPURS
10/1
10/1 on 6/30/2015
3/2
HOUSTON ROCKETS
15/1
1500/1 on 4/26/2016
1500/1
ATLANTA HAWKS
28/1
75/1 on 3/20/2016
50/1
INDIANA PACERS
30/1
200/1 on 4/23/2016
125/1
TORONTO RAPTORS
35/1
75/1 on 11/5/2015
40/1
PORTLAND TRAIL BLAZERS
35/1
1000/1 on 1/31/2016
100/1
MIAMI HEAT
50/1
75/1 on 3/4/2016
60/1
BOSTON CELTICS
60/1
175/1 on 4/22/2016
75/1
CHARLOTTE HORNETS
150/1
500/1 on 2/16/2016
150/1

Below are two charts showing the future betting trends to win the 2015-2016 NBA Championship by percentage of total dollars wagered and percentage of total number of tickets (on the 13 remaining teams) .

Top 10 Most Popular NBA Future Bets by Total $’s Wagered to win 2015-2016 NBA Championship:
TEAM @WILLIAMHILLUS
% of total Dollars wagered
GOLDEN STATE WARRIORS
44%
CLEVELAND CAVALIERS
21%
SAN ANTONIO SPURS
15%
OKLAHOMA CITY THUNDER
6%
LOS ANGELES CLIPPERS
6%
HOUSTON ROCKETS
2%
MIAMI HEAT
1%
TORONTO RAPTORS
1%
ATLANTA HAWKS
1%
BOSTON CELTICS
1%
 Top 10 Most Popular NBA Future Bets by % of number of tickets to win 2015-2016 NBA Championship:
TEAM @WILLIAMHILLUS
% of total # of tickets
GOLDEN STATE WARRIORS
22%
SAN ANTONIO SPURS
17%
CLEVELAND CAVALIERS
13%
LOS ANGELES CLIPPERS
13%
OKLAHOMA CITY THUNDER
10%
HOUSTON ROCKETS
6%
MIAMI HEAT
4%
TORONTO RAPTORS
4%
BOSTON CELTICS
4%
PORTLAND TRAIL BLAZERS
3%