Covers Sports Betting
Online & Vegas sports betting odds & lines, betting news & picks for 2021. Covers the most trusted source of sports betting information since 1995. What Does Cover Mean In Sports Betting and Wagering? By Doc's Sports - There are two types of bettors in the sports betting industry and each of them has their own unique way of doing. Get real-time scores, betting lines, and betting odds for all your favorite sports.
Noted as one of the most open and honest sports bettors, Teddy “Covers” Sevransky has been gambling professionally since the 1990s. Teddy offers a pick service to those who are looking to make a few extra dollars in the legal sports betting industry, but his insight into the world of gambling over the past few decades has seemed to be of more value. Sevransky moved to Las Vegas a few years after graduating from the University of Michigan and is now the go-to guy for many media companies who need an experienced face to discuss sports betting as he has worked his way up to one of the most trusted bettors at a $100 million net worth.
Between being featured on “Life on the Line”, “Action”, and ESPN’s 30-for-30 series, Sevransky is known all around the gambling community. He has also been featured in a variety of print coverage from the Boston Globe, New York Times, and Associated Press, to Cigar Aficionado and even Playboy Magazine. But Teddy “Covers” is better known for his time spent in front of the camera on CBS, CNBC, and Bloomberg TV as well as his focus on the details with each and every betting line.
Teddy “Covers” Bets The NFL
Teddy Sevranksy is truly one of the most successful football bettors out there. Teddy reportedly has a 70% win record on all NFL bets from 2001 all the way through 2021. This means that he is correct on his wagers more often than not. Sevranksy’s betting focuses mainly on over/under wagers in which he excels. During the 2018 season alone, “Covers” managed to finish with an over 60% win ratio, allowing him to cash in big on not only games but also earn profit from selling his picks. NFL betting is by far the most bet on sport in the US. Teddy has become one of the main faces of NFL sports betting.
Teddy doesn’t bet on every single NFL game. Most professional sports bettors are the same way. What Teddy does do is trust his numbers and wagers on games he feels the most confident in. His strategy is focusing on morphing teams or teams that play at a different pace than the rest of the league. This allows for anomalies on the football field in which “Covers” takes advantage of. With this strategy, Teddy manages to exploit the betting lines and take home major wins at sportsbooks. If you are going to bet on the NFL, it is a good idea to follow some of Teddy’s advice.
Sevransky’s Advice To Sports Bettors
As many of the famous sports bettors in the nation will tell you, shopping lines is crucial to getting the most for your sports bets. Sevransky will tell you the same. As soon as any lines get posted, Sevrasnksy is checking to see what each sportsbook is offering. Being that he lives in Nevada, he has plenty of options to look out for. While some books may be offering a team at -120 to cover the spread, another sportsbook might have the same team at -110. While it’s a small difference, that difference adds up when you’re betting on sports all year round like Sevransky.
Sevransky heavily researches his picks before making them and urges others to do the same. In order to make sure you’re making the right bets, you not only have to have knowledge about that sport, but individual statistics that are unique to the game you plan on betting on. This could be knowledge on a team’s ranking for certain positions, the weather for the game if it’s an outdoor event, or even which referees or umpires will be officiating the game.
Servrasnky also understands that losing is part of legal sports betting. The key is to win more than you lose. His picks are normally correct 60% of the time. There are strategies to minimize losses like hedging your bets which Sevransky promotes. Sevransky also doesn’t bet on every game, which is a rule that all sharps follow. There are other techniques that professional sports bettors use in order to make the most of bets but many of those tricks are what you get when you pay for Sevransky’s services.
Teddy “Covers” Sevransky’s Pick Service
Today, sports bettors are able to find Teddy and hear his insight from his Twitter page or on several radio shows. Here one will find many picks, analytical advice, and thoughts on certain betting lines before major games. Sevransky is primarily found on Sports Memo, where he has spent over 15 years giving out sports betting advice to listeners. Teddy will give out either 8-star, 9-star, or 10-star pick ratings for certain betting lines with the higher number being the option he is most comfortable with.
The “Big Ticket” is the name he gives 10-star picks which he will announce every 20 or so betting lines. Throughout his career, Sevransky has continued to be accurate with his selections. His reputation for winning at sportsbooks is what brings sports bettors and other listeners to his show, and has allowed him to continue to advise on the best possible betting lines available.
Teddy “Covers” On WagerTalk
Ted Sevransky or as the sports betting community knows him, “Teddy Covers” works as a consultant for WagerTalk which is both a website and show. Covers uses his expertise as a handicapper to produce picks and advice for fans of the show and website and can be sought out for personal sports betting consultations. His style varies but he is very into pinpointing “mophring” teams when wagering on the over/under. While sportsbooks base their long-term projections on current and historical data, singling out this type of team helps to go against the projections for a better pick down the line. These teams are identifiable by factoring their current play stats to where they were at this same time of the season in previous years to see if they line up or not. It’s with this method that Covers comes up with his over/under picks for WagerTalk among other advice and strategies he works to help gamblers with to wager on sporting events.
As a fan, you don’t care if your team wins by a point or 100. A win is a win, though that 100-point win would be a little easier on the nerves.
Backdoor Cover Sports Betting
In sports betting, how much a team wins by is usually all that matters.
The most popular way to bet for the two most popular sports, basketball and football, is with the point spread, also known as the “side.” Most baseball, hockey and soccer bets are on the moneyline, which is betting on a team to win straight up with adjusted odds. Football and basketball have moneyline bets available too, but most people will take the point spread.
The concept can be a bit confusing if you’ve never dabbled in sports betting before.
Why bet with the point spread?
The point spread was created to attract more action on a game. When the San Francisco 49ers are expected to blow out the Arizona Cardinals, it’s not enticing to lay $300 to win $100 on a moneyline. But when the 49ers are 11-point favorites and each side is -110 odds? That’s much easier.
In that example, the 49ers are spotting the Cardinals 11 points before the game starts, at least for bettors. The 49ers have to win by 12 or more points to cover the spread. If the Cardinals win or lose by 10 or less, that side wins the bet. If the game lands on 11, like a 21-10 49ers win, it’s a push and all bets are refunded. If you see a -11 that means that team is favored, and +11 means you’re taking the underdog.
Nothing sharpens your math skills better than trying to figure out how big your lead as a bettor is if you have a 22.5-point basketball underdog that is losing 90-72.
The problem with the point spread can be when a team — which really doesn’t care that you bet the favorite at -11 — has a 14-point lead but gives up a meaningless score at the end to win by only seven points. They’re still happy with the win. You, as a bettor, are not.
© Provided by Yahoo! Sports Sportsbooks have large boards that display point spreads for all games that day. (AP Photo/John Locher, File)Point spreads lead to bad beats
The most infamous example of a bad beat with the point spread probably came in the 2004 Final Four at the NCAA men’s basketball tournament.
Covers Forums College Football
Duke was a 2.5-point underdog against UConn. The Huskies rallied late and took a 79-75 lead on a free throw with 3.2 seconds left. The game itself was over; Duke couldn’t score twice in a few seconds. But Duke guard Chris Duhon pulled up for a running 3-pointer just over the half-court line and banked it in at the buzzer. Duke lost 79-78, but bettors who had Duke and 2.5 points won. March Madness is a huge event for bettors, and reports at the time estimated that Duhon’s “meaningless” shot resulted in a $30 or $40 million swing in Nevada. UConn players celebrated at the final buzzer. UConn bettors doubled over in pain. That’s the difference between betting the moneyline and the point spread.
Baseball and hockey have point spreads too, the “run line” in baseball and “puck line” in hockey. It’s generally 1.5 with odds adjusting accordingly. Taking a big baseball favorite at -1.5 runs can make the odds more palatable. Of course, betting the New York Yankees at -1.5 to bring down the odds from -190 to -110 isn’t too fun when they win 4-3 and you don’t cash a bet.
Covers Experts Free Picks
Betting on the point spread is the most common way to wager on sports. And the first time you take a favorite that wins the game but doesn’t cover the spread, you’ll understand every bettor’s heartbreak.