Betting Odds Sports: Evolution of Online Gambling to Include Trading in Sports Future Bets?
By William Spencer
General Online Casino News
The momentum is building in the United States for regulated online gambling and legalized sports gambling. As the two become accepted in the US, a new concept half-jokingly proposed by an ESPN writer may be the hot new game to emerge from legal Internet sports wagering.
Bill Simmons, a columnist for ESPN, suggested that eBay open a market for purchased future sports bets. His idea is that players who have invested in a preseason play on a team to win a championship should have the option to auction off that play as the season progresses and the odds drop (or rise, if the seller is willing to take a loss).
In other words, players could advertise they were selling, say, a ticket that pays $2000 on the New Orleans Saints to win the Super Bowl. It may have only cost $100 to buy that play before the season, but if it's week 14 and the Saints are 12-2, chances are the odds will have gone way down, and a $2000 winner would now cost perhaps $1000.
But, with the advent of online sports gambling, the initial player could sell his option for $500. The seller would get a sure thing, and the purchaser would get better odds than currently available.
A similar concept is being explored at certain games at the sports book at M Casino in Las Vegas. The M will let players bet during a game, moving odds as the game progresses.
"Trading in sports bets could be a lucrative new expansion of sports gambling," says gaming analyst Harold Bond. "Taking advantage of the swift transfer of information and mass market of the Internet offers second-guessers and risk-takers a chance to cash in or get out."
Betting Odds Sports: Evolution of Online Gambling to Include Trading in Sports Future Bets?
Monday, April 6, 2009
Betting Forum Sports: Young people betting on sports
Betting Forum Sports: Young people betting on sports
By KEVIN TRESOLINI
The News Journal
Delaware is home to only one professional sports franchise -- a minor-league baseball team -- and University of Delaware football is the only college team that draws large crowds.
But that does not tell the whole story about Delawareans' interest in sports.
Last year, when the Phillies marched toward the World Series title, it seemed everyone was wearing red. And that provided only temporary respite to the usual fall obsession, the Eagles.
This rabid allegiance to sports teams is maybe best seen on college campuses, where football and basketball teams move students to shave their heads, paint their bodies and brave subfreezing temperatures with no shirts.
On any given night, large-screen televisions in dormitory lounges at the University of Delaware are tuned to sports. Other students gather at campus bars and restaurants, where, for the past couple of weeks, the NCAA men's basketball tournament has brought in big crowds. Waitresses navigate tables of young fans in track jackets and team hats to deliver beer, chicken wings and the other necessities of a long
TV-watching encampment.
And many say their enjoyment of a game or passion for their team is raised when they have something riding on the outcome.
Sports betting was the fourth most popular form of gambling among participants in a survey of University of Delaware students released last month by the Delaware Council on Gambling Problems, trailing only the lottery, card games and casinos.
Twenty-eight percent of those surveyed had wagered on sports at least once, and 15 percent had gambled on sports in the previous year.
"I place bets with my friends a lot, especially now with the NCAA tournament going on," said UD student Jason Dague, 22, of Hershey, Pa. "I think I'm in about three different pools with people and I've spent probably around $70 or so on the brackets."
The urge to make some money because of one's supposed knowledge of sports can be strong, which may help explain the logic behind Gov. Jack Markell's proposal to re-institute sports betting in Delaware.
As the only state east of Nevada that can legalize sports betting, Markell sees it as a way to draw sports fans into the state and boost its sagging economy.
Markell hopes sports bettors also will spend money on slot machines, hotels, restaurants and other attractions.
"Legalized betting in Delaware is definitely a good thing," Dague said, "especially since it'll raise money for the state. It's also good for bettors, because it's organized and all set up for you. I still like betting among friends, but having that option is good, too."
"Legalized betting would definitely be great for people who do bet, as long as everything was controlled and regulated by the casinos," said UD student Matt Groth, 19, of Audubon, Pa.
Betting Forum Sports: Young people betting on sports
By KEVIN TRESOLINI
The News Journal
Delaware is home to only one professional sports franchise -- a minor-league baseball team -- and University of Delaware football is the only college team that draws large crowds.
But that does not tell the whole story about Delawareans' interest in sports.
Last year, when the Phillies marched toward the World Series title, it seemed everyone was wearing red. And that provided only temporary respite to the usual fall obsession, the Eagles.
This rabid allegiance to sports teams is maybe best seen on college campuses, where football and basketball teams move students to shave their heads, paint their bodies and brave subfreezing temperatures with no shirts.
On any given night, large-screen televisions in dormitory lounges at the University of Delaware are tuned to sports. Other students gather at campus bars and restaurants, where, for the past couple of weeks, the NCAA men's basketball tournament has brought in big crowds. Waitresses navigate tables of young fans in track jackets and team hats to deliver beer, chicken wings and the other necessities of a long
TV-watching encampment.
And many say their enjoyment of a game or passion for their team is raised when they have something riding on the outcome.
Sports betting was the fourth most popular form of gambling among participants in a survey of University of Delaware students released last month by the Delaware Council on Gambling Problems, trailing only the lottery, card games and casinos.
Twenty-eight percent of those surveyed had wagered on sports at least once, and 15 percent had gambled on sports in the previous year.
"I place bets with my friends a lot, especially now with the NCAA tournament going on," said UD student Jason Dague, 22, of Hershey, Pa. "I think I'm in about three different pools with people and I've spent probably around $70 or so on the brackets."
The urge to make some money because of one's supposed knowledge of sports can be strong, which may help explain the logic behind Gov. Jack Markell's proposal to re-institute sports betting in Delaware.
As the only state east of Nevada that can legalize sports betting, Markell sees it as a way to draw sports fans into the state and boost its sagging economy.
Markell hopes sports bettors also will spend money on slot machines, hotels, restaurants and other attractions.
"Legalized betting in Delaware is definitely a good thing," Dague said, "especially since it'll raise money for the state. It's also good for bettors, because it's organized and all set up for you. I still like betting among friends, but having that option is good, too."
"Legalized betting would definitely be great for people who do bet, as long as everything was controlled and regulated by the casinos," said UD student Matt Groth, 19, of Audubon, Pa.
Betting Forum Sports: Young people betting on sports
Sports Purity Unaffected by Online Gambling and Betting Sports, UK Finds
Sports Purity Unaffected by Online Gambling and Betting Sports, UK Finds
A new study by the UK Gambling Commission suggests that online casinos and sports gambling have not interfered with honest and uncorrupted results of sports matches.
The mass of funding lobbying against legal sports gambling in the US is derived mainly from the National Football League and other US sports leagues, attempting to guard the integrity of games. But a new study by the UK Gambling Commission suggests that online casinos and sports gambling have not interfered with honest and uncorrupted results of sports matches.
In the last 18 months, the commission received reports of about 50 incidents which aroused suspicions regarding gambling influence. Over half were quickly found to be unsubstantiated.
While the remainder are still in question, only a handful are deemed worthy of continued inquiry. Further, the commission found the number of suspicious results to be equal or less than before the advent of legal online sports gaming.
Online sports books have long contended NFL policy leaves its players and game results at risk. The gambling operators say illegal sports betting poses far greater dangers for the league than regulated and transparent sports wagering.
European lawmakers have recognized this concept for some time. Cooperation between online casinos and sports officials has led to tight and secure measures against undue influence.
Brain Pomeroy, the Gambling Commission Chairman, said, "While limited evidence has so far emerged to support the widespread concern about the risks to betting integrity, combating those risks by working effectively with our partners is a key priority for the Gambling Commission.
"Our integrity team is already working with CCPR, sports governing bodies and betting operators to develop enhanced joint working.
Sports Purity Unaffected by Online Gambling and Betting Sports, UK Finds
A new study by the UK Gambling Commission suggests that online casinos and sports gambling have not interfered with honest and uncorrupted results of sports matches.
The mass of funding lobbying against legal sports gambling in the US is derived mainly from the National Football League and other US sports leagues, attempting to guard the integrity of games. But a new study by the UK Gambling Commission suggests that online casinos and sports gambling have not interfered with honest and uncorrupted results of sports matches.
In the last 18 months, the commission received reports of about 50 incidents which aroused suspicions regarding gambling influence. Over half were quickly found to be unsubstantiated.
While the remainder are still in question, only a handful are deemed worthy of continued inquiry. Further, the commission found the number of suspicious results to be equal or less than before the advent of legal online sports gaming.
Online sports books have long contended NFL policy leaves its players and game results at risk. The gambling operators say illegal sports betting poses far greater dangers for the league than regulated and transparent sports wagering.
European lawmakers have recognized this concept for some time. Cooperation between online casinos and sports officials has led to tight and secure measures against undue influence.
Brain Pomeroy, the Gambling Commission Chairman, said, "While limited evidence has so far emerged to support the widespread concern about the risks to betting integrity, combating those risks by working effectively with our partners is a key priority for the Gambling Commission.
"Our integrity team is already working with CCPR, sports governing bodies and betting operators to develop enhanced joint working.
Sports Purity Unaffected by Online Gambling and Betting Sports, UK Finds
NCAA Fights Legal Gambling, But Takes Casino Sponsor Money for Betting Sports
NCAA Fights Legal Gambling, But Takes Casino Sponsor Money for Betting Sports
By Pete Gunnel
General Online Casino News
The NCAA is rushing around the country lobbying against liberalizing gambling laws and threatening states that consider adopting Internet gaming or sports betting as revenue producers. Yet, the same organization is chock-full of members accepting advertising dollars from casinos and other gambling interests.
The NCAA has long been decried by from within as well as without for its hypocritical ways. The organization is supposed to operate for the benefit of student-athletes, but conducts itself as an aggressive corporation. Players are forbidden under the harshest of penalties from exploiting their fame, yet the NCAA routinely cashes in on the exploits of its slaves...er, students...ok, let's say athletes.
Now, even as the collegiate athletic association tells Delaware it will never host a sanctioned event if the state legalizes sports gambling, schools across the country are happily promoting gambling in their arenas. The NCAA outlook is that it's ok for its members to take gambling money, but nobody else should do so.
Washington State, Arizona State, Arizona, Oregon, and Oregon State all publicize casinos and gambling at arenas and in programs. By the by, Oregon was a state that had legal sports gambling funding education in the state, but was pressured to drop the program by the NCAA. Shooting down educational revenues is an awkward position for an organization of universities.
The University of New Mexico inked a five-year deal with the Route 66 Casino to be the "exclusive gaming sponsor." Perhaps Delaware just needs to make an offer to be the exclusive sports gaming state?
NCAA Fights Legal Gambling, But Takes Casino Sponsor Money for Betting Sports
By Pete Gunnel
General Online Casino News
The NCAA is rushing around the country lobbying against liberalizing gambling laws and threatening states that consider adopting Internet gaming or sports betting as revenue producers. Yet, the same organization is chock-full of members accepting advertising dollars from casinos and other gambling interests.
The NCAA has long been decried by from within as well as without for its hypocritical ways. The organization is supposed to operate for the benefit of student-athletes, but conducts itself as an aggressive corporation. Players are forbidden under the harshest of penalties from exploiting their fame, yet the NCAA routinely cashes in on the exploits of its slaves...er, students...ok, let's say athletes.
Now, even as the collegiate athletic association tells Delaware it will never host a sanctioned event if the state legalizes sports gambling, schools across the country are happily promoting gambling in their arenas. The NCAA outlook is that it's ok for its members to take gambling money, but nobody else should do so.
Washington State, Arizona State, Arizona, Oregon, and Oregon State all publicize casinos and gambling at arenas and in programs. By the by, Oregon was a state that had legal sports gambling funding education in the state, but was pressured to drop the program by the NCAA. Shooting down educational revenues is an awkward position for an organization of universities.
The University of New Mexico inked a five-year deal with the Route 66 Casino to be the "exclusive gaming sponsor." Perhaps Delaware just needs to make an offer to be the exclusive sports gaming state?
NCAA Fights Legal Gambling, But Takes Casino Sponsor Money for Betting Sports
Betting Sports Tip: 8 Reasons Why Online Poker is Better Than the Real Thing
Betting Sports Tip: 8 Reasons Why Online Poker is Better Than the Real Thing
by Simon M Skinner
8. You can play in your PJs! You may be a sexy mama in a red dress but playing in your lingerie is frowned upon in Las Vegas! Playing poker online allows you to dress or loojk as you please. Being in the comfort of your own home will also help you relax and concentrate on the game.
7. You never have to leave the casino. While it is a good idea to get up for eating and sleeping breaks, there is no time obligation on online poker. You can play against real opponents any time, night or day and never have to worry about time running out. You also save money on gas, food and that fancy tuxedo rental.
6. It’s your game. You call the shots and get get to decide what flavor of poker you wish to play. Most casinos only have limited versions of poker (usually the most popular versions of poker. When you play online poker you can play any flavor of poker ever devised
5. Speedy Gonzales. THe modern internet allows all programs to run faster. By playing online you play approximately 50% more hands in an hour than you would do in an online casino.
4. Anonymity You dont give away any tell tale signs physically and dont have to have a ‘poker face’. You can also easily change your playing style in order to bluff your opponents. This is harder face to face!
3. You can use poker tools to help your game. Playing from home allows you to have as many tools and toys as you want. You can look at hand histories and use tools to track your betting rate. There are all sorts of tools to help you improve your game. If you try bringing electronic toys into a Vegas casino and you will probably need a lawyer.
2. It’s cheaper You do not have to make the trip to an actual casino. You do however pay less rake though but you avoid paying the dealer a tip!
1. More tables and more chances to play! If you have ever visited a real casino then you know how crowded the property can get. With online poker there is no long waiting periods for tables to open. Additionally, you can take part in “multi tabling” and play several games at once. Some experienced online players can handle up to 10 or more games at the same time. Don’t try this in Vegas unless you’ve mastered human cloning.
Betting Sports Tip: 8 Reasons Why Online Poker is Better Than the Real Thing
by Simon M Skinner
8. You can play in your PJs! You may be a sexy mama in a red dress but playing in your lingerie is frowned upon in Las Vegas! Playing poker online allows you to dress or loojk as you please. Being in the comfort of your own home will also help you relax and concentrate on the game.
7. You never have to leave the casino. While it is a good idea to get up for eating and sleeping breaks, there is no time obligation on online poker. You can play against real opponents any time, night or day and never have to worry about time running out. You also save money on gas, food and that fancy tuxedo rental.
6. It’s your game. You call the shots and get get to decide what flavor of poker you wish to play. Most casinos only have limited versions of poker (usually the most popular versions of poker. When you play online poker you can play any flavor of poker ever devised
5. Speedy Gonzales. THe modern internet allows all programs to run faster. By playing online you play approximately 50% more hands in an hour than you would do in an online casino.
4. Anonymity You dont give away any tell tale signs physically and dont have to have a ‘poker face’. You can also easily change your playing style in order to bluff your opponents. This is harder face to face!
3. You can use poker tools to help your game. Playing from home allows you to have as many tools and toys as you want. You can look at hand histories and use tools to track your betting rate. There are all sorts of tools to help you improve your game. If you try bringing electronic toys into a Vegas casino and you will probably need a lawyer.
2. It’s cheaper You do not have to make the trip to an actual casino. You do however pay less rake though but you avoid paying the dealer a tip!
1. More tables and more chances to play! If you have ever visited a real casino then you know how crowded the property can get. With online poker there is no long waiting periods for tables to open. Additionally, you can take part in “multi tabling” and play several games at once. Some experienced online players can handle up to 10 or more games at the same time. Don’t try this in Vegas unless you’ve mastered human cloning.
Betting Sports Tip: 8 Reasons Why Online Poker is Better Than the Real Thing
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