Blog


Is playing fantasy football a form of gambling?

m88 เข้าไม่ได้ But did I win a lot due to talent or due to luck? That is the heart of the gambling query involving fantasy football and my answer is nonetheless it really is 50% luck and 50% skill.

Legally, although, playing fantasy sports is not deemed a form of gambling in the United States. But is the income exchanging hands by way of gambling? As someone who utilised to play fantasy football a lot the answer is devoid of query yes playing fantasy football is a form of gambling to me.

Is playing fantasy football a kind of gambling? This is a quite genuine query due to the fact it is estimated that some $1.2 billion changed hands final year between players in fantasy football leagues. Alternatively, playing fantasy sports is thought of a game of skill.

Fantasy football does involve skill, but it also includes luck. I played fantasy football for 10 years and won eight championships such as 4 in a league with a first-location prize of over $1,000. Ultimately, although, for the reason that funds is exchanging hands more than the final results of the stats that NFL players accumulate every week, fantasy football is a kind of gambling. Who can predict when Marshawn Lynch is going to go down with an injury early in a game and ruin his owners chances of winning? Who can predict when a ego-maniac coach will not give Marshawn Lynch the ball on the objective-line for what would practically definitely be a go-ahead touchdown to win the Super Bowl?

I’d still be playing these days but the league with the large payouts went beneath in no compact portion since the other owners were tired of me winning. Everyday fantasy sports organization FanDuel took in $81.5 million in the fourth quarter (for the duration of the NFL football season) last year mostly from people playing fantasy football.

It can also be a ton of fun on Sundays watching the players on your team play in the NFL and wrack up stats and fantasy points for your team. So I was quite great at it and I made a lot far more dollars than I ever place into the pools. Wagering on any type of sporting event like the NFL is really uncertain and is definitely a type of gambling. The definition of gambling is to play games of chance for income.

Putting cash on the line with other people today based upon who has the team that wracks up the most fantasy points primarily based upon how NFL players do is surely a game of chance. But as someone who was pretty great at fantasy football, I’d generally say fantasy football was 50% luck and 50% ability.

So huge dollars is exchanging hands by way of fantasy football at http://thai-m88.com

Continuar leyendo →



David Beckham turns 40 – why booze and gambling?

m88 เข้าไม่ได้ He should really stick to that — there’s no need to hyperlink himself to extraneous products or solutions.”

Beckham’s representatives insist the partnership with Las Vegas Sands is mainly about assisting establish the group as a travel location when the hyperlink with Diageo reflects the former England international’s appeal to mature fathers rather than teenagers.

The other half of Brand Beckham, broadly credited for turning her husband from soccer’s shy boy-prodigy into a pioneering “metrosexual,” is now garnering serious respect in the style planet.

Having discovered pop fame in the ’90s as pouty Posh in the Spice Girls, she has reinvented herself as a designer, and in December 2013 was guest editor for the French edition of style bible Vogue.

“They are a brilliant composite brand, Posh and Becks,” says British society commentator Peter York. franchise is an extension of his playing career,” he says.

York says club ownership could expose Beckham to “fantastically dodgy third-raters who are there to exploit folks in silly bargains” but that he and his wife have generally been “incredibly good” at getting the ideal individuals to advise them. “He’s completed every thing commercial you can do in sport except personal a team.”

Fynn hopes the franchise will be extra profitable than Beckham’s soccer academies in London and Los Angeles, which closed inside five years of their 2005 launch.

“Possibly not sufficient care and interest was offered to the idea for it to be effective,” he says.

The expansion franchise has twice been denied in its plans to locate a downtown venue for a new stadium, and its entry date into the MLS has yet to be confirmed.

“The next two or three years are therefore probably to be an acid test of just how proficient Beckham is as an entrepreneur, leader and manager,” adds Chadwick.

What is not in doubt is Beckham’s location among the entertainment elite.

“It was the epitome of the metrosexual male: ambitious and effective superior husband and father sexy and properly dressed sensitive and caring even though remaining masculine.

“But as his tribulations in Florida demonstrate, his reputation as a player alone is unlikely to sustain him in the long term when it comes to the harsh realities of business enterprise.”

Beckham’s bid to set up a new Key League Soccer franchise in Miami, produced achievable by a $25 million clause in his playing contract when he joined Los Angeles Galaxy in 2007, has been beset by delays considering the fact that it was announced 14 months ago.

In spite of the delays, the Beckham camp are confident they’re close to finalizing an investor group and that by 2018 the Miami franchise will be up and running.

Fynn believes it is the ideal move for Beckham, in contrast to operating with a casino group — “which really should be resisted.”

“The MLS is a thriving operation, football in America is growing at club and national team level, and the chance of becoming involved in a U.S. An extraordinary self-confidence.

“When he began off, he was a celebrity endorser — but mainly because most of the attributes that he personifies have been so optimistic, he was able to come to be a brand in himself,” says Fynn, who has been a marketing and advertising and media consultant to top rated sports teams and ruling bodies because leaving Saatchi in the mid-’90s.

“It really is a good difficulty when you go into regions that are not related to your distinct location of competence or renown. He will reportedly fly his mates — including Hollywood heavyweight and fellow motorbike aficionado Tom Cruise — to Morocco for his birthday celebrations.

As the old saying goes, “Life begins at 40.”

Only time will inform if that proves to be true for Brand Beckham.

What do you believe of Beckham’s new projects? Have your say on CNN Sport’s Facebook web page.

.

“He did not made use of to — he was just a good-hunting footballer who wore nice-seeking footballer suits — then he became this heavily-inked, significantly-undressed individual. It can take a long time and a lot of funds, and there’s a lot of competitors in that industry.”

Nevertheless, Fynn believes Beckham is a ideal fit for the Chinese marketplace if he sticks to football and is not being used by the national federation — which has cracked down on corruption at all levels in current years — to “cover up previous errors.”

“They really like Premier League football and despite the fact that it’s some years considering that he played in the Premier League, he’s linked with the best of English football,” says Fynn, who also writes soccer books, most lately 2014′s “Arsene and Arsenal.”

“Much more than that, he’s a planet superstar more than and above his limited playing capacity. They’ve turn into very a lot more figuring out, really considerably more elegant.

“The great thing is, they are hitting 40, you have got to do items a unique way,” adds York, co-author of the influential aspirational guide “The Official Sloane Ranger Handbook” and writer of the lately released “Authenticity is a Con.”

“You’ve got to be in a position to transition into things that are a bit extra solid and not just about singing or showing your body off. “It’s really difficult to crack China.

“He defined a new sort of athlete brand which, even now, has however to be duplicated in the very same way — the likes of Cristiano Ronaldo just have not been in a position to duplicate the brand proposition that Beckham has been now for just about two decades.”

Nevertheless, it is now time for the ex-Manchester United and England star to develop “Beckham Mark II,” says Chadwick, an upgrade which “moves him on from the ‘Class of ’92,’ the Spice Girls and Genuine Madrid.”

“I consider he’s nevertheless largely trading on the equity of his ‘Beckham Mark I’ incarnation.

Career opportunitiesVictoria’s Spice Girls profession was groomed by pop Svengali Simon Fuller, the “American Idol” creator whose 19 Entertainment agency has been largely responsible for shaping David’s monetary fortunes.

With Fuller’s guidance, Beckham — as nicely as attempting to make a hit of the niche Haig Club whiskey — is now developing his own-branded goods and partnering with retailers such as H&ampM.

“The Beckham brand captured the early 21st-century zeitgeist, which played out effectively across the globe,” says Chadwick. He has core values which are so significantly far more widespread than most celebrities. He knows what he’s doing at every single point, in the way that an individual who’s a expert model does, and much more. He didn’t speak Estuary (a refined southern English accent), he talked cockney — ‘we was, you was.’ Now he can hold his personal on a platform.

“Mainly because of that, since he’s far more able to express himself, you know that really he’s quite canny,” adds York, who in August will execute a new 1-man event, “A Show for the Nicer Variety of Particular person,” at the Edinburgh Fringe festival.

“He’s learned to vamp a camera like a model does, how to use his physique, how to be happily objectified and make income from it. “They’re in Hollywood and Holland Park. It is like getting an actor or model, you have to find out intense intelligent self-consciousness.”

Miami acid testThe Miami venture — in which Beckham is a co-owner with Fuller and Bolivian businessman Marcelo Claure — could be vital to the future of the family brand.

“It would give them a way of transitioning into early middle age in a correct way,” says York.

“He is nevertheless very popular and is presumably capable to continue drawing upon the revenue opportunities that have been produced through his playing days. and Asia amongst its resorts — as he beat his earlier high of $51 million.

“I never consider it’s a fantastic move,” says former Saatchi and Saatchi advertising executive Alex Fynn, who believes father-of-four Beckham must stick to what made him so common in the initial location — sports, fashion and household-oriented entertainment. If you go back to the influence he had at Paris Saint-Germain, he was only a bit-element player but he gave the club a sense of credibility and reputation that had hitherto been lacking.”

‘Extreme intelligent self-consciousness’York believes the Beckhams have shown more than the years they have the expertise to adapt to new challenges.

“When he started, British footballers weren’t identified for getting very articulate, but he was especially inarticulate — individuals talked about him as if he was stupid,” York explains.

“Even although he was living a contemporary life, he seemed to be element of the old cockney world. If he isn’t to become the new Pele of his era — signing what ever lucrative deal comes his way — then Beckham and his advisers will need to make a more compelling, modern and relevant brand proposition,” Chadwick claims.

“For the first time in several years, I assume Brand Beckham lacks clarity and concentrate.”

As proof of that strategic inconsistency, Chadwick points to Beckham’s perform at the 2012 Olympics and the UN, which positioned him as a sports diplomat, although his MLS project suggests he desires to be a sports entrepreneur.

“The dilemma is, he can not be every little thing to everybody, and he (and his advisers) for that reason require to produce a clear, tightly-defined and nicely-accentuated brand proposition in the same way as the Beckham of 10 years ago was,” adds Chadwick.

It really is an argument that is rejected by Beckham’s folks who point to a coherent approach constructed about Beckham as a inventive director in advertising a number of brands, his function at Miami, as nicely as his ever rising charity work, which he views as a important portion of the legacy he wants to leave for his young children.

Earlier this year Beckham launched a charitable collaboration with UNICEF — the world’s top organisation for children — offering assistance to kids in danger zones across the globe.

“My number one particular priority is the ’7′ fund,” Beckham told CNN at the launch in London.

Just the BecksWhile Beckham has been criticized for his associations with gambling and alcohol — although curiously a British advertising requirements physique ruled he is no longer regarded a part model for children when rejecting a viewer complaint — he has produced further inroads into the Asian market place.

As well as being the face of Sands China, which has casino operations in Macau amongst its divisions, in 2013 he signed a multimillion-dollar deal to become a goodwill ambassador for the Chinese Super League.

“I believe it’s a risky factor,” says York. He after sported a Jean-Paul Gaultier sarong, but now his catwalk appearances are far more probably to be in assistance of wife Victoria’s blossoming style design and style career, as he dons classic suits befitting the increased status of his company ventures.

Beckham reportedly earns more since his 2013 retirement from football than when he was a extremely-paid player at some of the world’s most significant clubs.

David Beckham turns 40 on Saturday, getting into a new era in the metamorphosis of his unbelievable earning power.

But has the man dubbed “Golden Balls” reached as well far away from his core values with a couple of his most recent ventures, advertising alcohol — as a player he usually insisted he was not a drinker — and becoming related with a casino chain?

He took residence $75 million in the past year according to a 2015 Forbes list of non-active athletes, assisting launch a niche single-grain whiskey with drinks giant Diageo and partnering Las Vegas Sands — which has gambling operations in the U.S. The only danger is becoming spread too thin.”

But can Beckham, a man whose tattooed, close to-naked physique has been posted on giant marketing billboards around the planet, be taken seriously as a business leader in his personal proper?

“To a specific extent, I feel Beckham is presently ‘lost in transition,’” says British sports business enterprise specialist Simon Chadwick. He knows his way about http://hhht888.com

Continuar leyendo →



tricks to win at baccarat?

fun88 เข้าไม่ได้ Where is the rational behind thinking a randomly shuffled shoe of eight decks is going to stick to distinct patterns? .

So despite the fact that you could see every person around you marking down numbers, take it as entertaining business, but do not be fooled into participating. There are not any. The odds are stacked in favor of the property, but only to the tune of a few percentage points. These persons are pattern chasing, or pattern spotting.

Here are some notes from http://www.marxthespot.com/bert_baccarat… You may ask why. Think about it, would the casinos provide every person with a pencil and chart if they had been actually worth anything?”

Individuals do the identical issue with lottery numbers, which is even crazier!

“The first point you notice about baccarat at land based casinos, is that pretty much everybody at the table is tracking the benefits of every single hand on scorecards. It really is a game of pure chance, like tossing a coin.

Very just they are seeking for patterns in the outcomes of the hands. If so you could be intelligent! There is no rhyme or reason to use pattern spotting as a baccarat tactic, it’s simply superstition.

Homepage https://fun88no1.com

Continuar leyendo →



10 Tips for Betting on Football

Giving 11 to 10 odds is almost always the cheapest price you can give.”

Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”

2. “Teams play inspired ball at home. Otherwise, you’re better off doing your own research.”

Moseman agrees and especially likes home underdogs. “Thus, the bookies love and cherish the squares.”

3. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says.

However, Konik adds that there are some bettors who actually know how to beat the bookies.

Another difference between squares and sharps is how they approach betting on game day.

6. “Squares usually bet later in the week and they tend to pick the favorites. “Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. In fact, sports bettors must pick 52.4 percent winners just to break even.”

“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says. On college you will be able to find different lines at different sports books. “Most people prefer to bet on the ‘better’ team, the one that will probably win the game. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005). Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises.

“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,’” Konik says.

But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.

. The only locks that exist are those that need keys to open them.”

“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”

1.

Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has. Avoid Chasing Bets – “Don’t do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day,” cautions Moseman on the dangerous practice of trying to immediately win back your losses.

10. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. To be a successful sports bettor you need to operate with a clear mind.”

4. Drinking and Gambling Don’t Mix – “There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling,” Moseman says.

So, how much are we gambling each football season?

8. Avoid Exotic Bets – “For very skilled handicappers, with a proven track record, there can, at least in theory, be value in betting parlays,” says Gordon on the type of bet that combines two or more individual wagers.

Certainly not back into the pockets of the average bettor.

“The standard bet requires gamblers to lay $11 for every $10 they want to win with the extra $1 or 10 percent known as the juice,” Konik says. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points. Not all games work according to this formula, but it is usually a good rule of thumb.”

“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas. “In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. The NFL, for example, will have very similar numbers at most of the betting shops you visit.

9. “There will be more discrepancy in the numbers at different sports books. Thanks to the juice, the only one who profits in this scenario is the bookmaker. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”

“The talking heads on TV know nothing about sports betting,” says Sevransky.

But even though the math says it’s virtually impossible to win on a consistent basis, Americans continue to bet on football. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can. “He is not jaded by teams and does not bet with his heart.

“A square or recreational player might have a vague plan, but after two Corona’s he will definitely run to the window and make a hasty decision on the USC-Notre Dame game because he wants to be involved in the party atmosphere,” Vaccaro says. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites.

“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. The only touts bettors should consider are the ones who talk about the long haul and realistic winning percentages, which are in the upper 50 percent to lower 60 percent range.”

And where does all that money go?

5. Oakland comes to mind) seem like the Super Bowl.

7. “When you’re in a good rhythm and winning, you want to increase your bets. If North Texas is his best bet on a Saturday then that is his bet. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”

Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”

And remember, in the immortal words of “Fast” Eddie Felson, “Money won is twice as sweet as money earned.”

While these tips don’t guarantee you’re going to win, hopefully they can make you a little less square and a little more sharp in your picks this season. “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world. The payout is just the same as far as he is concerned. And why not? We have unconditional love for the sport and betting $50 or $100 on a game adds an extra rush of adrenaline. “Common wisdom says that over the course of a long football season the average man or woman will pick approximately 50 percent winners.

So, how much should you bet a game?

Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.

“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains. Also, being “in action” can make a dull late-afternoon game (Buffalo vs. But, when you’re struggling, that’s when you want to reduce your bet size until you get out of your slump. “The key to proper money management is to be sure not to bet more than you can afford to lose.”

Newspapers and popular sports sites routinely publish the lines or point spreads for games, and football insiders offer their picks to viewers each week on ESPN and other cable networks. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”

“There is probably no better bet in sports than playing an underdog at home,” Moseman says. There are almost an infinite number of scenarios that can happen in a single football game. “If you listen to their advice, you are sure to lose. Bet at the Right Time – “The sharp bettors tend to bet underdogs, and they tend to bet them early,” Moseman says. So underdogs tend to be slightly undervalued – except by the sharps.”

Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week. “The sharps are usually members of a betting syndicate privy to the most up-to-date information on injuries, weather, game plans, and, most important, the real power of the teams involved. If you want advice about sports betting, find someone who has a successful track record. Slim underdogs regularly win outright. Research Football Services – “Most sports services realize that most people who sign up with them are insecure,” Gordon warns. He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day. Chasing losses is the fastest way to the poor house.”

Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.

So, is it possible for the average square to become a little sharper in making football bets this season? According to professionals like Vacarro, Konik and Gordon, amateur bettors have the best chance to win if they demonstrate a little patience and follow the 10 basic tips below

Continuar leyendo →



Importance of sports facilities in the school

Many schools still manage by the vast funds they receive from the alumni, giving less burden to the students.

Many schools have to the lottery system for students to access to the games popular sports like football, cricket. It allows them to feel the benefits like the boys, and it’s literally helped level the playing field.. Many medium size school just have a playground, and sell it like they’ve all kinds of sports facilities. May not be your school, if you want your child to rule some sports. Also we want our child to be a good sportsman along with a very good in academic. This is very important advertising factor for the school. Many colleges recognize sports as part of their core values, and help student athlete balancing between sports and academic career thus maintaining the highest level of integrity and sportsmanship.

Many children join junior teams or community-based sports teams during his years in elementary school because their parents want them to learn the same fundamental values. The demand of schools providing good sports facilities is very high, and if one school is proving his superiority in the sports, of-course demand will increase as well. The participation of girls now is increasing rapidly, where girls are taking active part on most of the sports. Check out the information on some online ports like http://www.schoolib.com to get the information on the kind s of sports facilities provided by the schools.

We enjoy watching sports in college as pure entertainment. Students can opt for a sport, whereas some sports are compulsory.

Revenue: College Sports bring in money to the school in N number of ways. Moreover college Sports create productive and responsible citizens, strengthening community feeling and create strong schools. Time to time there are school and college competitions at every level. Early age is best to learn integrity, collaboration, communication and good sportsmanship. This includes athletics and sports also. Schools must comply with it, providing athletic opportunities by enrolling the girl students and having a continued expansion of athletic opportunities to girls. There are some who merely go for the fitness factor but many top schools take it very professionally and create sportsmen who can play at the district level, state level so that if somebody has interest and is good in some sports, he can join a sport institute as his career.

College Sports for Girls: It is illegal to discriminate against women in any program of education. As early years have the most impact on the child, it’s important for the parents to research for the schools who provide good quality sports. In India, slowly the culture is coming where parents are giving the importance to the sports, which was lacking in the past.

No doubt it’s fun to watch your kid participating in the sports events. The revenue to the students is, they can go to extra mile to discover and prove themselves in the sports.

The importance for athletes in schools: Irrespective of, female or male athlete if you play to a very successful internal team, there are multi fold facilities for athletes. There was a mindset to have the child owning the academic excellence, even if he is zero in the sports but going by the opportunities, fitness factors etc parents have realized that sport is a part of academics.

The vast gaming facilities require a huge infrastructure, thus fees for these schools is generally very high. Skills continue to be refined during years of college and is the skill that eventually will make a success of student-athlete at work.

School spirit in providing the sport: There are more and more number of schools who are giving many sports facilities to the students

Continuar leyendo →



How to Bet on Horses (Part 1)

We also provided you with info on the most utilized exotic betting types, and on the second part of this series, we will continue to expand on this subject so you can get familiarized with others such as the superfecta and the daily double.

Michael Hill is an avid sports fan and a sports writer who has been in the betting and price per head industry for years. When betting a trifecta, at least seven horses should start the race.

We hope this article has helped you understand common horse betting types in a better way.

Common wagering types:

Author’s Bio: 

WIN: This means that you are placing a wager on the horse that you believe is going end up in first place, and if he does, you are able to collect.

QUINELLA: On this one you are betting on 2 determined horses to finish 1st and 2nd and either of your picked horses can finished first or second.

TRIFECTA: Here you are betting on 3 horses to finish in first, second and third and they should finish the race in the specified position you picked for them for you to win. For example, let’s say that you are laying $2 on each of the aforementioned betting types, so, if your picked horse wins, you collect winnings for the 3 bets, if your horse finishes second, you collect earnings for place and show and if it finishes in the third position, you only get earnings for the show bet.

SHOW: Same concept as the two below, only this time you are betting your horse to end up in third place, so, if he finishes 1st, 2nd or 3rd, you also win.. Michael writes about his experience and offers tips for other aspiring entrepreneurs who wish to make a living with sports bookmaking.

Marketing & SEO

mikehill010@gmail.com

Price Per Head

These are a bit more difficult to win than the common betting types, and the reason is because they require your selections to finish in a determined proper order.

Exotic wagering types:

EXACTA: Here you are picking 2 horses to finish in first and second place, and they should end the race in the order you pick them so you can win the wager.

In order to bet on horses and have a real chance of defeating the house, it is necessary to have a good understanding of the different types of wagers that are offered to you in order to utilize them more effectively.

PLACE: If you use this one, you are betting your horse to finish second, and so if he does finish either first or second, you win (and as presumed, your winnings will be lower as the bet is less risky).

ACROSS THE BOARD: When you place this type of bet, you are wagering on win, place and show at the same time, but it works a little bit different

Continuar leyendo →



Sports Betting Odds by Benered Fransisco

In sports betting odds, there are many things, which are illegal such as transmitting information on gambling across the state for placing, or taking bets is considered illegal. The main basis of the wager is the straight up outcome, which is not in to a point spread. And most of the illegal books of Nevada draw their odds from casinos. It is an entirely different case in sports betting odds, as about 75% of odds are established for the licensed Sports Books in Nevada as well as for Oregon State Lottery by Las Vegas Sports Consultant Inc, which is run by Michael ‘Roxy” Roxborough. In sports betting odds, such as football odds is becoming more vibrant each year. In such sports like boxing, the only thing that counts is who wins and who loses, and in such cases, the money line wagering enters in!

In sports betting odds, the odds are made not by the common people. But even then, there occur many loopholes through which people play their own gaming!

. This field is considered as a way to make huge profits if the person is a smart bettor who has practiced proper money management. Money line in sports betting odds is decided by the event winner with no regard to the point spread as there is occurs no point spread. In college, also sports betting odds have taken reign even though it might be considered illegal by many. Apart from this, he also works as a consultant on gaming management, strategies, personnel and marketing. The sports betting odds makers set the money line, as more money must be risked for the favorite or the person expected to win and very less on the underdog or the person more likely to lose, so that there occurs a balance between both sides of the contest.

Sports betting odds can be defined as “the likelihood of an outcome occurring that is stated in a number form”. The bookies set a lot of numbers by keeping the public in mind and the person who begins to study can understand easily as to how the person can gain more and on the numbers set by the bookies.

In sports betting line, money line is like point spread that is used to equal the attractiveness of the favorite and the underdog for the person betting. In sports betting odds, the odds are termed as “MONEYLINE”.The sports betting odds there are no point spread for many of the sports such as boxing, tennis etc as there occur no way to measure the points or score in which the player wins or loses by

Continuar leyendo →



Muhammad Ali scripted funeral plans in exacting detail in ‘The Book’

He recalled Ali’s own words during meetings planning the funeral: “It’s OK. It will be open to all.

He was never downcast when talking about his death, said Bob Gunnell, an Ali family spokesman. He wanted multiple religions to have a voice while honoring the traditions of his Muslim faith. We’re here to do the job the way I want it. A downtown bridge announced it would be lit the rest of the week in red and gold: red for Ali’s gloves and gold for his medal.

In the pages, the boxing great planned in exacting detail how he wished to say goodbye to the world.

“Muhammad, over the course of about a week, went through the entire plan and signed it and certified it and approved it,” Gunnell said.

Its contents will soon be revealed.

The inner circle that helped the Alis with funeral preparations included his attorney and a business associate, Gunnell said. The Muhammad Ali Center stopped charging people for admission. It was selfish for us to think that we could hold on to him forever. Others Ali simply admired.

“The message that we’ll be sending out is not our message — this was really designed by The Champ himself,” said Timothy Gianotti, an Islamic studies scholar who for years helped to plan the services.

All over town, Louisville residents have been finding ways to pay tribute to their city’s favorite son. The hotel declined to say who would be staying there.

“The love and the reverence and the inclusivity that we’re going to experience over the coming days is really a reflection of his message to the people of planet Earth.”

“It’s been a really bittersweet time for our city,” Mayor Greg Fischer said. And he wanted ordinary fans to attend, not just VIPs.

He and the other faith leaders will be followed by Ali’s wife, daughter Maryum Ali, actor Billy Crystal and sportscaster Bryant Gumbel. “We’ve all been dreading the passing of The Champ, but at the same time we knew ultimately it would come. It will drive past the museum built in his honor, along the boulevard named after him and through the neighborhood where he grew up, raced bicycles and shadowboxed down the streets.

Ali’s gravesite will far more subdued, in contrast to his oversized personality and life. The group presented “The Book” — about 2 inches thick with funeral details — to Ali in 2010, the family spokesman said.

The final revisions were made days before Ali died Friday at an Arizona hospital, his family by his side.

Former President Bill Clinton, a longtime friend, will deliver the eulogy at the funeral at the KFC Yum! Center, where the 15,000 seats are likely to be filled.

The day before his star-studded funeral, members of Ali’s Islamic faith will get their chance to say a traditional goodbye. A modest marker, in accord with Muslim tradition, is planned, said his attorney, Ron Tweel. That tribute was dropped at the last minute because his wife, Lonnie, worried it would cause the center to be shut down and knew people would want to gather there in grief.

In a city accustomed to capturing the world’s attention for just two minutes during the Kentucky Derby each year, Ali’s memorial service Friday looms as one of the most historic events in Louisville’s history. –  Muhammad Ali and his innermost circle started a document years ago that grew so thick they began calling it “The Book.”

Gianotti, the Islamic studies scholar, said the Muslim funeral was “critically important for the global Muslim community to say goodbye to their beloved champ.”

He and Ali met in the 1960s as two vocal opponents to the Vietnam War. Ali fought, and won, his first professional fight there in 1960.

At the city’s iconic Brown Hotel, the Muhammad Ali Suite, an opulent gold-and-black room dedicated in 2001 by The Greatest himself, was already booked. Turkish President Recep Tayyip Erdogan and King Abdullah II of Jordan had been scheduled to speak, but lost their speaking spots because two other speakers will be added later, Gunnell said.

“I didn’t know that he continued to follow my work; I certainly followed him, what he was doing and the courage he did it with,” Lerner said. Our job now, as a city, is to send him off with the class and dignity and respect that he deserves.”

LOUISVILLE, Ky. But DiNicola told Lerner that for the rest of the boxer’s life, Ali admired the rabbi’s work as editor of the Jewish progressive magazine Tikkun and author of numerous books.

Also serving are Jerry Ellis, brother of Jimmy Ellis, who was Ali’s former sparring partner and former world heavyweight champion; and several of Ali’s relatives and a friend from Louisville.

“It’s not about who they are, it’s about the fact that we just don’t have room on the program for them,” Gunnell said, adding that their representatives were “gracious and understood” when informed.

Some are lifelong friends.

For years, the plan was to have Ali’s body lie in repose at the Muhammad Ali Center in Louisville, Gunnell said. A tour company began impromptu tours of Ali’s path through the city. He would not say what words will be inscribed on the marker.

They chose the venue because it seats 18,000 and holds historical significance for the hometown hero. It’s fine.”

Most downtown hotel rooms were already booked by Monday afternoon, and those in the rest of the city were selling out fast, said Stacey Yates of the city’s tourism bureau.

Rabbi Michael Lerner was in his office at his home in Berkley, California, on Sunday morning when, out of the blue, Ronald DiNicola, president of Muhammad Ali Enterprises, called and invited the rabbi to speak at the funeral.

Ali’s burial will be in Cave Hill Cemetery, the final resting place for many of the city’s most prominent residents. A Jenazah, a traditional Muslim funeral, will be held at Freedom Hall at noon Thursday, Gunnell said. The luminaries include Colonel Harlan Sanders, the founder of Kentucky Fried Chicken, whose granite memorial features a bust of the goateed entrepreneur.

Actor Will Smith, who portrayed Muhammad Ali in the movie “Ali,” and former world heavyweight champion Lennox Lewis are among eight pallbearers for Ali’s memorial service this week in Louisville.

The 74-year-old three-time heavyweight champion wanted the memorial service in an arena. They did not see each other again. Former presidents, heads of nations from around the globe, movie stars and sports greats will descend upon the city to pay final respects to The Louisville Lip.

Others speakers will include representatives of multiple faiths, including Islam, Judaism, Christianity, Buddhism and Mormonism.

In its place, a miles-long procession was added that will carry Ali’s body across his beloved hometown. “I am extremely honored and extremely humbled.”

Continuar leyendo →



New gambling record: Betting on outcome of Brexit vote

But the importance, drama and uncertainty that have surrounded this vote have made it a spectator sport in its own right. Polls suggest it is too close to call, while bookies give the “remain” side a higher chance of winning.

For Stephen Jones, 55, betting is a form of insurance against disappointment. referendum betting already hit a record for a political event days ago for Betfair, bookmaker BetFred and IG, the largest provider of spread betting services.

“This is comfortably the biggest political betting event in history and dwarves both the general election and the Scottish referendum,” says Lewis Davey, spokesman for Paddy Power, referring to the Scottish vote on independence last year.. vote as of Wednesday and expects a final amount of 50 million pounds. Spread betting, on the other hand, does not provide a simple win or lose outcome, but can provide payoffs based on the accuracy of the bet. The referendum also outmatches the 35 million pounds placed on the 2014 World Cup Final.

Betfair, bookmakers Ladbrokes and Paddy Power and the Betting Research Unit at Nottingham Business School all estimate that the total value of bets on the vote placed in Britain will reach, and likely exceed, 100 million pounds.

Thursday’s vote on whether to leave the European Union, which will have lasting consequences for the country and Europe, is due to break the record as the most bet-upon political event in Britain’s history. The industry is expecting 100 million pounds, or nearly $150 million, to be wagered by the time the result is known in the early hours of Friday.

Such betting fever is normally associated with major sports events, with people here habitually placing wagers online or in betting shops on everything from horse races to football matches. While the polls show this week’s vote is too close to call, bookies like Betfair are giving the “remain” side a 76 percent probability of winning. It has become increasingly popular, particularly to bet on financial markets.

LONDON — As if the stakes were not high enough in Britain’s nail-biting vote this week, people are betting record amounts of money on its outcome.

“If we are going to remain in the E.U., at least I will take compensation,” said Jones, who expects to get 3,000 pounds back in profit in such an event. This material may not be published, broadcast, rewritten, or redistributed. He was back in the betting shop this week to place additional wagers on behalf of three American friends.

E.U. That’s particularly true since pollsters have missed badly in measuring sentiment before some of Britain’s most recent votes, the last general election and the Scottish referendum.

Betting on political events used to be a niche area in the gambling industry but has become more widespread, particularly in Britain. “But my big win is to leave the E.U.”

“This is a historical event, and I want to take part in it,” said Can Zhao, an investment researcher who last week placed a 135-pound ($198) bet on “remain” at a Ladbrokes betting parlor near London’s Kings Cross train station.

Betting exchange Betfair says it had taken 45.8 million pounds in wagers on the E.U. The betting has also gained the attention of global investors as a gauge of the likelihood of an event’s outcome. All Rights Reserved. presidential race, which was its previous record for a political event. Ladbrokes has seen a tenfold increase in recent years.

© 2016 The Associated Press. That surpasses the 40 million pounds placed on the 2012 U.S. That’s reflected in financial markets, where stocks and the British pound are relatively buoyant one day before the big event.

Betting is his way to get in on the drama because as a foreign citizen from China he will not have a right to vote. He intends to vote to leave the E.U., but has placed bets on “remain” to at least get something in case of his side’s defeat.

The bookies’ odds have largely been in synch with global financial markets.

Betfair allows people to place wagers against each other rather than setting odds like the traditional bookmakers

Continuar leyendo →



As mobile fuels sports betting boom, corruption concerns mount

.

That range of figures, which includes betting on sports from soccer, cricket and tennis to much less widely followed sports like snooker, darts and table tennis but excludes racing, illustrates the difficulty in accurately valuing the overall market. “Technology is everything.”

“There’s a large gray sort of offshore market … “People are also dealing in credit, and therefore accounts are being run all over the world. It has created a perfect combination.”

(This version of the story has been refiled to correct tense of transform in paragraph three)

Patrick Jay, a betting consultant and former sports and soccer director at Ladbrokes, estimates the global sports betting market is likely worth about $1 trillion a year, having doubled in size in the last five years. in every country, where it’s actually just not possible for the government to regulate these sites that are based in all these tiny remote jurisdictions,” she told Reuters.

“There’s been a lot of stagnation where a lot of countries originally said, ‘Well this is illegal, we won’t let them do this’, but of course with the internet you can’t make things illegal and stop people going online,” Gainsbury said.

Mobile apps that allow in-game betting on individual points or games allow athletes to stealthily manipulate the results and may strike some of them as less unethical as throwing an entire match, said Sally Gainsbury, a senior lecturer at Southern Cross University who has written a book on the subject. There have not been any allegations of wrongdoing by the bookmakers in the World Tennis scandal. It allows people to place bets anywhere, anytime,” Jay told Reuters.

The greatest danger for mobile gambling to intersect with corruption lies in the ease of fixing a one-on-one sport like tennis, darts or snooker, according to experts and professional gamblers.

Allegations this week that tennis authorities failed to deal with widespread match-fixing has rocked the game, following similar allegations that have blighted cricket, soccer and other sports.

The ubiquity of mobile phones and tablets has helped transform bookmakers from operators of dingy, smoke-filled betting shops into multi-billion dollar de facto tech firms, pouring resources into developing apps and complex algorithms and marketing to younger and broader demographics.

Worried about the boom in sports betting and incidents of match fixing, countries like Australia and across the European Union are in the process of reviewing laws that experts like Gainsbury say are “hopelessly outdated”.

“We’re no longer restricted by geography or the limited choices of one betting company.

“A PERFECT COMBINATION”

“So it’s difficult to get a really accurate size of how much people are betting because a lot of it is actually illegal.”

(Writing by Matt Siegel; Editing by Lincoln Feast)

“It has grown because of mobile technology.

Leading bookmakers including Betfair Group PLC (BETF.L), Ladbrokes PLC (LAD.L), Paddy Power PLC (PLSA.I) and William Hill PLC (WMH.L) did not respond to requests for comment. And we have wall-to-wall sport every day of the week from across the globe beamed into our lounge rooms, on our smartphones,” said Scott Ferguson, a wagering industry consultant. In Australia, for example, 2001 laws regulating Internet sport betting bar anyone from placing a bet on a sporting event online once it has begun, despite allowing live betting over the phone or at retail bookmakers.

SYDNEY The rise of mobile betting is transforming global sports wagering faster than regulators can react, flooding the industry with cash and potentially contributing to corruption scandals like the one roiling world tennis, experts and insiders say.

Most major bookmakers operate from small offshore jurisdictions, making accurate predictions of industry worth extremely difficult, said Gainsbury. He expects it to double again in the next five.

William Hill, an official partner of the Australian Open, has a new “Bet-in-Play” feature for its Australian customers that requires access to a smartphone’s microphone while the bet is placed to comply with such laws.

The Australian government, citing a 2015 United Nations conference at which Jay was a speaker, put that figure as high as $3 trillion, of which 90 percent was “illegal” or in contravention of laws regulating gambling in which the bet was placed

Continuar leyendo →



Delaware Sports Betting Dealt Legal Blow

Circuit Court of Appeals declared last week that Delaware’s sports betting plan, which included single-game bets and wagering on a variety of professional and collegiate sports, violated federal law but it did not expressly say why.

That lottery allowed only parlay bets, which means bettors had to pick the winners of at least three separate NFL games in a single wager.

© 2009 The Associated Press. Attorneys for Delaware argued that the word “scheme” did not refer specifically to the 1976 parlay betting, or even the NFL, but to any sports lottery under state control. “The law is what Congress enacts, not what its members say on the floor.”

A federal appeals court on Monday dealt another body blow to Delaware’s plans for a new sports betting lottery, saying it must be limited to parlay bets on professional football games.

A three-judge panel of the 3rd U.S. Jack Markell, was unaware that the court had issued its opinion until being contacted by The Associated Press. This material may not be published, broadcast, rewritten, or redistributed. Frommer

The court rejected that argument, asserting in a footnote that Delaware’s attorneys had “cherry-picked” certain statements in the legislative history of the 1992 federal law to bolster their case.. Supreme Court.

In issuing its opinion, the panel said the parties involved have 14 days to seek a review of its ruling.

“This case is a perfect illustration of the well-known admonition that what individual legislators say a statute will do, and what the language of the statute provides, may be far apart indeed,” Hardiman wrote, citing a 2005 ruling by the 3rd Circuit. All Rights Reserved. They also argued that as long as sports betting in general was authorized, even if some games were not specifically “conducted” before the ban, the state was free to expand beyond NFL parlays into single games and other sports.

In its opinion, the court, as did attorneys for both sides, focused on language in the 1992 federal that exempted Delaware and three other states that had previously offered sports wagering.

On Monday, the panel outlined its reasoning in a 23-page opinion. He had no immediate comment.

The news came as another disappointment to state officials, who seemed to accept that single-game wagering was disallowed, but hoped that betting would not be limited to professional football.

Kenneth Nachbar, an attorney who represented professional sports leagues and the National Collegiate Athletic Association in challenging Delaware’s plan, did not immediately respond to messages left by telephone and e-mail.

“Thus, any effort by Delaware to allow wagering on athletic contests involving sports beyond the NFL would violate PASPA,” Judge Thomas Hardiman wrote for the court.

Joe Rogalsky, a spokesman for Gov. The court said it interpreted language that exempted Delaware from a 1992 federal ban on sports gambling — known as the Professional and Amateur Sports Protection Act — as precluding any type of betting beyond what it had offered in a failed National Football League lottery in 1976.

State officials had said previously that they would wait for the panel’s opinion before deciding whether they would ask for a review by the full court or the U.S. “It is also undisputed that no single-game betting was ‘conducted’ by Delaware in 1976, or at any other time during the time period that triggers the PASPA exception.”

The language allows those states to offers sports betting but only “to the extent that the scheme was conducted by that state….”

By Associated Press Writer Frederic J

Continuar leyendo →



5 myths of sports betting legalization

Some are based on a time frame, while others are based on going over agreed-upon limits. U.S. These days, most bookies provide both a phone number and website where bets can be made. Since sports gambling is currently something that happens in the shadows, problem gamblers are likely to hide in that shadow until it is too late.

And I have heard some mention licensing fees for data, but haven’t we already covered that in lawsuits against both the NBA and Major League Baseball Advanced Media (MLBAM)? In both cases, statistics and data were ruled to be public, not a private asset for which the leagues could charge a license fee.

Myth No. 2: It will create more “problem gamblers”

In the most relevant case, CBC, the parent company of CDM Sports, a fantasy provider, sued MLBAM after being denied a new fantasy sports license. Illegal sports betting has some characteristics that can lead to problem gambling more than legal betting would.

Since bookies will not have to pay taxes or licensing fees, they will be able to offer better margins or incentives to their customers. John McCain (R-Ariz.) also recently said that Congress needs to hold hearings to discuss legalizing sports betting.

Myth No. Whyte, executive director of the NCPG, told my ESPN colleague David Purdum.

Myth No. There are going to be a lot of hands in the cookie jar. operation for the U.K. Concerts, shows, high-end nightclubs and restaurants draw people to Vegas as much as the gambling does. This is the type of financial recklessness associated with problem gambling.

The topic of federal legalization of sports betting has been brought up before, but it has gained steam since Adam Silver’s November New York Times op-ed and after Silver’s cover story in ESPN The Magazine’s Gambling Issue. First off, the government will only legalize if it is going to get significant revenue. Are fewer people gambling because they can do it in their home state?

The National Council on Problem Gamblers has found that problem gamblers are most often involved in illegal gambling, so moving toward a model where more gamblers are doing it legally can only help.

The real value for them will be potential marketing dollars and increased fan engagement, not licensing fees for data or direct revenue from wagering.

The thought process here is that with legalized sports betting available locally, there will be less interest in making the trek to Sin City to wager on sports. It’s a pretty reasonable assumption that it’s easier to fix a game in an environment where most of the money wagered is impossible to discover or track by the government. Maybe more so.

“One of the things that makes sports betting so interesting is that it is probably by far the most widely participated in form of illegal gambling.

Las Vegas sports book operators are already looking to expand to other states. bookmaking powerhouse William Hill has already set up an operation in New Jersey, and MGM CEO Jim Murren has said his company is interested in expansion.

There are a lot of unanswered questions regarding legalization of sports gambling in the U.S., and it will be fascinating to watch how it unfolds in the next few years. I will likely have to put money on deposit to do so. Sen. How will it be regulated? How involved will the government be? Will it be federal enforcement or on a state level?

In addition, game fixing would be easier in a world where fewer people track or are even aware of things like point spreads and over/under bets. This mirrors a similar concern that some had 25 years ago when Indian and commercial casinos began sprouting up all over the U.S.

While it seems that the question of legalizing sports betting presently is more of an if than a when, there remains a great deal of uncertainty regarding what it would look like. This credit relationship will be hard for many gamblers to give up.

. District Court Judge Mary Ann Medler ruled in favor of CBC, stating that “statistics are part of the public domain and can be used at no cost by fantasy companies.” One would infer that the same would apply to legal bookmaking operations.

Silver echoed this sentiment when discussing his personal revelation in an exclusive interview with ESPN. There are no credit checks or margin calls until it is time for me to pay. If something shady were to occur in a game around a betting proposition, raised awareness by the public about gambling in general would help highlight any improprieties before, during and after the match.

Here’s an example. 4: It will damage the sports betting business in Las Vegas

Once games happen, the stats are public domain. The experience of going to Vegas is becoming less and less about putting down a sports bet and more and more about the experience of everything else. Vegas has had to reinvent itself as a place that is about more than just gambling. The two biggest reasons people bet with bookies (beyond the lack of alternatives) are the convenience and the line of credit. (It’s common for bookies to offer rebates to their big customers.) This will be difficult for legal bookmakers to compete with.

This is the easiest myth to dispel. Legalized sports betting would elevate these now somewhat esoteric notions into the mainstream conversation about sports. In the latter case, I set up a credit arrangement with Illegal Book B and we agree that I will pay every time I go over $1,000. “But for the FBI knocking on our door and notifying us about Donaghy’s betting, none of the systems that we then had in place had captured any betting by Tim Donaghy.”

I see the same trend happening if sports betting gets legalized in the U.S. Second, operators will need to run a cost-effective business, which may prove difficult if there are a lot of other hands to feed besides the government.

In that time span, we all know that Vegas has flourished. Those who believe that legalized sports betting will lead to more risk of game fixing simply don’t understand why games are fixed. When I lose this money, it’s gone, and I can’t bet until I put more money on deposit. Many bookies will allow me to get more credit and continue to gamble. This is not how most bookies work. If it’s legalized, there will be huge changes, but some assumptions are simply off.

Myth No. However, there are certainly some myths that I believe can be dispelled.

I understand the argument that legalized sports betting could expose more people to gambling and the increased ease and access will create more problem gamblers, but I simply don’t buy it. 5: It will create greater risk for game fixing

When I think about the best way to legalize sports gambling from a logistical standpoint, I get a headache. 3: It will put local illegal bookies out of business

At any rate, I really don’t see legalized sports betting in other states having a big impact on the sports betting business in Vegas.

There is simply no way the leagues could ask for a percentage piece of gambling revenue, as this would result in a huge conflict of interest. Purdum, an expert on the subject, has been vocal in his belief that online sports gambling will need to be a big part of the new legalization plan, and I share his belief, as betting on a phone and computer is simply much more convenient than driving to a brick-and-mortar sports book and making a wager. Yes, trademark images and logos would be a different story, so I could see the leagues getting marketing deals, but I don’t see that as a huge windfall for the leagues.

My answer is a solid maybe. But let’s say I have a bad losing streak and end up down more than $1,000. The U.S. In the past two decades, although total revenue has risen, percentage of revenue from gambling has decreased from close to 60 percent to last year’s 38 percent. 1: It will result in large revenue for the leagues

Here are the top five myths about legalizing sports betting and why they’re wrong:

Mr. Say I set up an account with Legal Sportsbook A. This year, it is on pace to welcome a record 40 million visitors. Illegal gambling is one of the factors that’s associated with gambling addiction,” Keith S. In addition, customers are far more inclined to place a wager when they don’t have to put any money down.

Myth No. “The Donaghy controversy also made me aware how important it is that we have a way of monitoring irregular activity on our games,” Silver said. I am concerned that the overall pie, even with online gambling, may not be large enough for the leagues to make the money they are hoping for.

Those who believe this simply don’t understand how sports betting with a bookie works. In addition, asking for a percentage based on the overall handle (total amount wagered) will cut into the margin of the sports books too significantly.

Until many of these questions are answered, it will be difficult to draw any hard conclusions about the ramifications of legalized sports gambling in the U.S. In fact, there’s an argument that exposing more people to sports gambling in their native states will make the general concept of sports gambling more approachable, ultimately leading to a larger overall percentage of sports fans-turned-gamblers.

Those betting with bookies have predetermined settlement terms.

Furthermore, once sports betting becomes legal the negative stigma behind it will eventually disappear, which will make it a bit easier for problem gamblers to ask for help. In order to grow the pie large enough, these conveniences must be provided to gamblers

Continuar leyendo →



Supreme court rejects Delaware sports betting appeal | Reuters

appeals court that a 1992 federal law prohibits Delaware from offering betting on individual games in all major sports.

(Editing by Eric Beech)

WASHINGTON The Supreme Court on Monday rejected a Delaware appeal that argued the state should be allowed to offer a new sports betting lottery to generate revenue to help ease its record budget deficit.

Delaware offered parlay bets on NFL games for a few months in 1976. The state went ahead and now offers such betting on at least three NFL games.

The law, the Professional and Amateur Sports Protection Act, prohibits betting on sports, but exceptions were granted to Delaware, Nevada, Montana and Oregon because they previously operated some forms of sports gambling.

Delaware had expected at least an estimated $17 million in revenues from the sports betting plan in the 2010 fiscal year to help close the state’s budget deficit.

Attorneys for the professional sports leagues and the NCAA told the Supreme Court the appeal should be rejected.

In appealing to the Supreme Court, attorneys representing the state argued the appeals court wrongly concluded that Congress had prohibited Delaware from adopting a sports lottery scheme as a way to balance its budget.

The appeals court ruled in August that Delaware was limited to parlay betting, or gambling on multiple games, and only on National Football League contests. The appeals court ruled that under the federal law Delaware was generally limited to what it offered in 1976.

. They said the estimated $17 million in sports gambling revenue represented a trivial percentage of the state’s $3.1 billion budget.

By James Vicini

| WASHINGTON

The North American professional leagues for baseball, basketball, football and hockey and the National Collegiate Athletic Association (NCAA) all argued that Delaware’s sports lottery plan violated the 1992 law.

The justices without comment let stand a ruling by a U.S

Continuar leyendo →