Punters always want to know they’re getting a fair bet on their chosen sport,” Ladbrokes Business Director Mike O’Kane, who will chair the meeting, said on Monday.
IOC President Jacques Rogge said last year that illegal betting is as big a threat to the integrity of sports as doping.
By Matt Scuffham and Keith Weir
During the London Games, a dedicated area called ‘the IOC and me’ will be set up in the Olympic village to raise awareness of a number of issues including illegal and irregular betting in sport, the IOC said.
O’Kane said regulated betting companies have the systems in place to detect and report suspicious betting activity.
Reuters reported earlier this month that a meeting would be held in London to discuss a range of measures to tackle the threat including a drop-in zone to offer advice to athletes in the Olympic Village during the Games.
Kendrah Potts, the lead lawyer on integrity for the London Games, is also expected to attend.
British company Betfair, which operates the world’s largest betting exchange, has agreed to share information with the IOC during the Games.
The seminar will be attended by major sports betting firms such as William Hill, Betfair and Ladbrokes, the UK’s Gambling Commission, the International Olympic Committee (IOC) and the Department for Culture, Media and Sport.
Despite the efforts of the gambling industry to combat fixing, everyone involved in sport recognizes that the main threat lies in unregulated betting in Asia.
LONDON (Reuters) – Betting industry representatives will meet organizers of the London Olympics on Tuesday to discuss ways to prevent illegal gambling which some officials regard as a bigger threat to the integrity of the Games than doping..
A booth called ‘Betting risk and me’ will allow athletes to learn more about the risks for themselves and for the integrity of sport through quizzes, information kits and videos.
(Editing by Alison Wildey)
However, British bookmakers have noted that the Games are a relatively small market – saying that wagers over the course of the Olympics will probably be on par with an average weekend of English Premier League soccer.
The threat posed by sports betting corruption was highlighted last year when three Pakistani cricketers were jailed after being found guilty of taking bribes to fix parts of a test match against England in London in 2010.
Betting is prohibited for athletes taking part in the Games under a code of ethics running for a month from the opening of the Olympic Village on July 16. The ban applies to other delegation members including coaches, officials and referees.
“When sport is corrupted, and betting used to profit from that corruption, it impacts sport and the legitimate betting industry alike
After Thursday’s passing of the entry deadline, “Team Ginola” should fade away.
But gambling advertising wasn’t as in-your-face as now. It reads like a plug for Fifty Shades of Grey.
Whoa. “It’s great for Paddy Power. Villa’s shirt sponsor is dafabet, a name that works better in Chinese, where “dafa” means “big wealth.” Stoke and Burnley players are billboards for Bet365 and Fun88 (another name that plays on the Chinese word to get rich).
That is the message that football, more than most other sports, is mainlining into our homes, helped by names like Ginola and teams lending their cachet, stadiums, jerseys and players to the industry that had cash to splash when the 2008 financial crisis hobbled other sponsors.
“I’m here today to talk about love” were the Frenchman’s seductive opening words at his campaign launch in London this month.
“It’s an absolute disgrace,” he said in a phone interview. It won’t happen; FIFA’s ethics rules should see to that. 10 will pit two Asian online bookmakers against each other. Tuning in for results of football betting pools, which offered big jackpots for small stakes, was a Saturday afternoon ritual for many 20th Century English families.
Bet. FIFA’s election and ethics rules will almost certainly keep him off the May ballot. Bet again.
“It’s eyeballs we’re after,” 12Bet executive Rory Anderson, quoted in the Daily Mail, said when the online bookmaker became the name on Hull City’s shirt for this Premier League season.
Twaddle takes a very dim view of Ginola’s Paddy Power-backed grab for FIFA.
One of those is Kevin Twaddle, a former player for Motherwell and other Scottish clubs who told his story in the biography, “Life On The Line: How to Lose a Million and So Much More.” He no longer gambles and has delivered talks to other players about the risks.
“It just makes like a mockery of football.”
And how about this blurb from Sky Bet, title sponsor since 2013 of England’s three divisions below the Premier League. That much was clear from the Paddy Power branding.
But that’s not the point here. This was about making a splash. There’s nothing funny about the gambling industry’s latest wheeze to sink its teeth even deeper into football and its fans.
Sport “matters more when there’s money on it,” it says. But I mean you’re talking about one of the biggest, powerfulest jobs in football and all you’re getting to hear about is Paddy Power.”
PARIS – Don’t laugh. In the UK, which liberalized gambling advertising in 2007, adults’ exposure to gambling commercials on television soared five-fold in eight years to 2012, regulator Ofcom found. Hull against Aston Villa on Feb. Bet some more.
We’re talking here about David Ginola. But the mere thought of the gambling industry even attempting to place a stooge at the very top of football makes the prospect of another Blatter term seem perhaps not quite so bad.
Sports and gambling have, of course, long gone together, feeding off each other’s success and growth. That was before online bookmakers offered odds on anything and everything, from match results and goals scored to which team will win the coin toss or take the first corner, and before their relentless advertising.
And that isn’t funny at all.
But the targets were our wallets and spending habits, not our hearts. So silky as a player for Newcastle and Tottenham; so ridiculous now with his car-crash campaign for the FIFA presidency.
Asking your kids to make tea during half-time breaks won’t shield them from the bombardment, not with gambling ads flashing throughout matches on pitch-side light-boards. In pocketing 250,000 pounds (335,000 euros; US$375,000) from bookmaker Paddy Power for this stunt, Ginola became the latest Trojan horse in the gambling and gaming industry’s creeping and creepy embrace of football.
John Leicester is an international sports columnist for The Associated Press. “There’s more passion, more pleasure and more pain.”
All this in a sport grappling with the increasing danger of gambling-related match-fixing and with ample examples of gambling-addicted players who frittered away their wealth.. What ever happened to sport for sport’s sake, for the buzz of competition, not a bet? How quaint. Write to him at firstname.lastname@example.org or follow him at http://twitter.com/johnleicester
Ginola has zero chance of unseating Sepp Blatter. The increase was three-fold for children aged 4-15.
Imagine, for a moment, a Paddy Power-financed FIFA president
It would give millions of fans easy access to the betting counter in an area of the country where the passion for sports runs deep and remove much of the stigma still attached to an industry that grew up on the fringe of respectability.
LAS VEGAS – The bookies in this gambling city are grumbling a bit, which is always good news for those inclined to wager a few bucks on their favorite NFL team. Over the past two decades, Manning has redefined the concept of how much a quarterback should study and how. Millions of dollars change hands every NFL weekend between gamblers who think they know more than oddsmakers and the bookies who usually do know more than the people handing them money.
Add in the online sports books and the money wagered on an NFL season is generally measured in the billions, not millions. (AP Photo/David Zalubowski, File) (The Associated Press)
“It’s easy to pick teams that are doing good,” said Jimmy Vaccaro, a longtime oddsmaker who has seen just about every trend — except a losing year for bookies — in 38 years behind the betting counter.
The reality is that people want to bet on games and will do so whether it’s legal or not. It’s part of the fabric of big-time sports, and without it we’d never know that Alabama is a 9.5-point favorite over Notre Dame in the BCS game.. Profits are down this season, thanks to some top teams that fans couldn’t stop putting money on.
“The one thing I’m certain of is New Jersey has no idea what it’s doing and doesn’t care because all it’s interested in is making a buck or two, and they don’t care that it’s at our potential loss,” Stern said.
It’s hardly surprising that the leagues are lined up against sports betting, mostly because their thought process is so rooted in the past. The NCAA has joined the fight in a federal court in Newark, and baseball Commissioner Bud Selig seems to take it as a personal affront.
And maybe that’s the real reason why they protest so loud.
Still, allowing legal betting in New Jersey would be a game changer. Huge sums ride on every pass, every call and every missed tackle.
That’s what makes the reaction of America’s biggest sports leagues to attempts to legalize sports betting in New Jersey so laughable.
It will also make some people a lot of money. The lines are made here, but it’s not hard to find illegal bookies in most major cities who will offer the same bets.
There’s nothing more immoral about it than betting on the stock market. They see gambling on their games as a threat cooked up in a back room somewhere by shady criminals just waiting for the chance to blackmail a troubled quarterback and fix the outcome of games.
Somehow, though, London — which has at least one betting parlor on every major street — managed to hold an entire Olympics without any problems, while offering bets on everything from Usain Bolt winning the 100 to Michael Phelps getting seven golds. “The idea that it is of benefit to a league when their fans are wagering with criminals rather than having a system where sports betting is regulated and run by honorable people who have undergone thorough investigations is ridiculous.”
Don’t tell that to NBA Commissioner David Stern, who seemed nearly apoplectic when asked in his deposition on how legal betting in New Jersey could hurt his league.
That means millions — and potentially billions — of dollars going into someone else’s pockets.
“I have to say to you I’m appalled,” Selig said in a deposition filed in the case. Chris Christie to sidestep a federal ban and allow wagering on games. 18, 2012, file photo, Denver Broncos quarterback Peyton Manning (18) calls an audible against the San Diego Chargers during the second quarter of an NFL football game in Denver. Nothing more criminal than cashing in on your fantasy league’s pot of cash. Informative post www.thai-m88.com
ADVANCE FOR WEEKEND EDITIONS, JAN. Unlike almost everything else they’re involved with, they won’t get a cut of the action.
Just what that loss would be is hard to understand. It’s the key explanation for how, at 36 and playing with a surgically repaired neck, he still looks very much the way he did in his prime. Write to him at tdahlberg(at)ap.org or http://twitter.com/timdahlberg
Football fans love to gamble, and they’ve been doing it in this city’s legal sports books for decades now.
Tim Dahlberg is a national sports columnist for The Associated Press. And if there is ever an attempt to fix a game, it’s going to be discovered first by the legal bookies in this city that track every dollar on every game and know before anyone that something fishy is going on.
No reason to worry. Legal sports book operators would surely profit, as would New Jersey in the taxes it collects on the bets.
Published January 05, 2013
But what happens in Vegas doesn’t just stay in Vegas. Not with quarterbacks like Peyton Manning and Aaron Rodgers covering the spread almost every time they took the field the last half of the season.
Yet somehow the integrity of the NFL remains intact. The playoffs will surely be money makers, and Monday night’s BCS game with a dream betting matchup of Notre Dame and Alabama could draw the most money ever bet on a college game.
“It defies common sense that somehow the leagues are better off and the world is a better place where hundreds of billions are being wagered illegally,” said Joe Asher, who runs United States operations for the British betting house William Hill. The NFL, meanwhile, hosts a game in London every year and hasn’t complained yet about fans being able to bet their favorite on their way to the stadium.
Nothing particularly innovative about their winning strategy. “I’m really appalled.”
From the NFL to Learn More
LONDON (Reuters) – Arsenal delivered a brutal lesson in fast-paced Premier League football to beat Liverpool 4-1 on Saturday, maintaining their faint title aspirations and almost certainly dashing their opponents’ hopes of a top-four finish.
Any hope of a comeback was extinguished, however, when Can received a second yellow card for a foul on substitute Danny Welbeck and Giroud added a coat of gloss when he curled in from 20 metres in stoppage time.
Liverpool’s back-three spent the opening minutes regularly gifting the ball to the hosts in dangerous areas and their only chance of the half was inexplicably wasted by Lazar Markovic, who tried and failed to pass to Sterling when through on goal.
Given their defending on the day it seemed remarkable that it was the first goal Liverpool had conceded on the road in more than nine hours after keeping six successive clean sheets.
That moved them above Manchester City into second place on 63 points, four behind leaders Chelsea, who will be looking over their shoulders at their in-form London rivals even though Jose Mourinho’s side have two games in hand.
While Liverpool’s defending was catastrophic at times, Arsenal fizzed with intent and three goals in eight first-half minutes from Hector Bellerin, Mesut Ozil and Alexis Sanchez and a late curler from Olivier Giroud secured a 10th Premier League win in 11 matches.
Henderson squeezed his penalty past David Ospina with 14 minutes remaining.
(Editing by Ed Osmond)
The hosts would have increased their lead but for a stunning save from Mignolet to deny Giroud’s header at the start of the second half before Liverpool were given a faint lifeline when Sterling was felled in the box.
The breakthrough came after 37 minutes when Bellerin was allowed time to cut inside the Liverpool box before curling a superb finish past Simon Mignolet.
Arsenal doubled the lead two minutes later when Ozil stepped up to curl a free kick around the wall and into the net and Sanchez smashed home from outside the box to make it 3-0.
While much of the pre-match debate had focussed on Liverpool forward Raheem Sterling’s on-going contract impasse, within minutes of kickoff it was clear that more pressing issues lay with the visitors’ defence.
A miserable afternoon for the visitors was capped off by a late red card for Emre Can and the result meant the gap to fourth place could be extended to eight points if Manchester United beat Aston Villa later on Saturday.
Fifth-placed Liverpool, who netted a penalty through Jordan Henderson before Giroud’s effort, now look out of the running in the battle for Champions League qualification after a second consecutive defeat.
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And to all book bloggers, whether you won this year or not, thank you for spreading the love of books with others. Congratulations again!
We hope these excellent blogs help you satiate your love for books!
Huge congratulations to the winners!. We’re writers after all and statistics are not our forté. (Which we actually had to seek outside help on. So, thanks Scott!) You can see how the winners were chosen here.
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Book lovers, make sure to check out these amazing blogs Learn More
And most of the illegal books of Nevada draw their odds from casinos. In college, also sports betting odds have taken reign even though it might be considered illegal by many. 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. In sports betting odds, such as football odds is becoming more vibrant each year. 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 odds, the odds are made not by the common people. Apart from this, he also works as a consultant on gaming management, strategies, personnel and marketing. 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. 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”. But even then, there occur many loopholes through which people play their own gaming!
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. This field is considered as a way to make huge profits if the person is a smart bettor who has practiced proper money management. 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. 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!. 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. The main basis of the wager is the straight up outcome, which is not in to a point spread Learn More
Of course you will need to send them some money, often quite a lot of money to discover the “secret”.
Of course as rational people we know there is no such thing as a “secret” method of finding horse race winners. The key to finding horse race winners is simply knowledge.
Horse racing is a huge subject and it can be difficult if not impossible to be an expert in all aspects.
You will already have the advantage that you need and that is no secret.
Practically everyday I receive a letter or email offering me a horse racing system which is going to make me rich.
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To learn about www.premierbettingclub”>Horse Racing Systems and how to access some FREE horse racing systems www.horseracingsystemsreview.com”>Click Here
There is one way that you can improve your chance of finding winners and making your horse race gambling profitable. How can they do this? It is because they have discovered a “secret” that no one else knows, (well no one who has not bought their system) that cannot fail to make you wealthy. There are specialist books and videos on all aspects of the sport. Racing has been a popular sport for over 300 years and in all that time no one has discovered an infallible way of picking winners or if they have they are not telling anyone about it. They did not achieve this knowledge overnight but worked hard to acquire it.
So if you work to build up your knowledge of horse racing and perhaps specialise you will have no need to pay for any “secrets”. Practically every horse race meeting is covered live on TV with race replays later. Therefore it makes sense top specialise in one area such as flat racing, national hunt or all weather racing.
By: Dave Articlesubmit. This type of specialisation can give you a distinct advantage over the average punter. There has never been a better time to become knowledgeable on the subject of horse racing. It is even possible to delve deeper and specialise in specific types of race such as 2 year olds, hurdles or sprints. It is all there just waiting for anyone to go and access it.
The more you know about horse racing and race horses the more likely you are to find winners on a consistent basis. They often promise a fast and quick way to wealth beyond my wildest dreams. If this is a secret then it is one of the worst kept in the whole history of secrets. Many of the most successful horse race gamblers have an almost encyclopaedic knowledge of horses, trainers, courses and all other relevant factors Learn More
They said the estimated $17 million in sports gambling revenue represented a trivial percentage of the state’s $3.1 billion budget.
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.
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.
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.. appeals court that a 1992 federal law prohibits Delaware from offering betting on individual games in all major sports.
Attorneys for the professional sports leagues and the NCAA told the Supreme Court the appeal should be rejected. The appeals court ruled that under the federal law Delaware was generally limited to what it offered in 1976.
The justices without comment let stand a ruling by a U.S. The state went ahead and now offers such betting on at least three NFL games.
By James Vicini
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.
(Editing by Eric Beech)
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.
Delaware offered parlay bets on NFL games for a few months in 1976.
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 Learn More
A bill or two missing from a parent’s wallet. Although it never deteriorated to such tragic outcome as the news stories below:
A spider fight in a local town ended in tragedy with one man killed and another wounded after an argument over a disputed bet.The suspect armed with a handgun fired point blank at the head of his opponent killing him instantly and wounded another as he fled the scene of the crime.
Sept 20,2010 Liloan town,northern Cebu,Philippines
Over an unpaid 5 peso bet (10 cents) a 15 year old stab to death a 13 year old boy. Needless to say, a lot of us got to taste the leathery sting of a belt. Some petty larceny was sometimes resorted to acquire the necessary stake money. Sept.03,2010 Negros Occidental, Philippines
“Man killed, one hurt over spider-fighting”
Fights would be arrange after school or even during school hours if we could manage to play hooky.The fights were stage in hidden and out of the way places far from parental eyes.Gambling was always involve and most of our lunch money went into it. :))
“2 minors killed over spider-fighting bet”
Heated arguments from hot heads sometimes occur because some boy felt he was cheated or welsh on a bet. Occasionally we were found out because of a tattletale schoolmate (usually a girl). Upon learning of his son’s death, the father sought out his son’s killer and hacked him to death with a jungle bolo.
We stabled them in empty matchboxes or in a specially constructed box which usually have separate cells to house several spiders. Fistfights were not uncommon and going home with a bruised eye and soiled or torn school uniform resulted in the discovery of our illicit activities and the accompanying consequences. they are feed with insects but we avoid feeding them before a fight to make them more aggressive Learn More
It should go without saying that you should actually like the favorite’s chances after evaluating the race with your own handicapping.
Look for comment lines like “bled”, “lost rider”, “clipped heels”, “stumbled”, “steadied”, “between horses”, “rank”, and “jumped shadows” that suggest that a horse’s last race was not indicative of its true ability. My own studies have shown a similar advantage for the inside post in routes.
In that spirit. I was able to replicate this result in my own study of nearly 100,000 races conducted a decade later.
First time starters return only about 60 cents on the dollar, and second time starters are only a little better, returning less than 70 cents on the dollar. This is somewhat counter-intuitive since you’d expect that horses with good pedigrees that end up in the maiden claiming ranks probably can’t run at all. If the tote board suggests that the public is overlooking these mitigating circumstances, make your play.
In the first place, the parimutuel takeout in horse racing is large (over 15%) and the mutuel pools are relatively efficient, so that even systems with a strong basis in reality can’t overcome the size of the takeout.
Horse Racing System #5 – Bet Horses breaking from the inside post in route races. This system takes advantage of one of the few glaring inefficiencies in the parimutuel pools, namely that first and second time starters are badly over-bet.
In fact, pedigree does not generally offer wager value with one curious exception: well bred horses do surprisingly well in maiden claiming races. This offers opportunity to more diligent players.
How do we identify the best pedigree, then? If you’re using the DRF past performances, use the stud fee as a proxy for quality, and the Tomlinson figure to judge suitability for the distance and surface. This is another mistake that bettors make: in a race with a clear standout, many people give up on the win pool and bet their choice to place, thinking that they’ll get paid even if the favorite wins.
Horse Racing System #3 – In maiden claiming races, bet the horse with the best pedigree. My study suggests that’s not the case.
Instead of blindly betting all horses breaking from the inside, you might use this to supplement your handicapping, paying particular attention to the inside horse, and betting it when you like the horse on other handicapping grounds. With the BRIS pp’s you can use the Sire Production Factor in concert with the pedigree rating. They will, however increase the chances of a profitable day at the races by ensuring that your wager dollars go where they have the best chance of success. None of them work.
Nunamaker reported that the inside post in dirt route races won at a 20% greater than expected rate, and lost only 10 cents on the dollar, much better than the track take. One of the few anomalies turned up by Michael Nunamaker in his pioneering computer study “Modern Impact Values”, published in 1994, was that horses breaking from the inside post position in route races won more than their fair share of races, and were under-bet by the public. It must follow, therefore, that if we bet the best horse that has started at least twice, we stand an excellent chance of beating the takeout, particularly in races that have several first and second time starters.
For instance, many speed figure handicappers reported making horse racing profits in the 60′s and 70′s simply by betting horses with the best last race speed figure. Just don’t expect to quit your day job.
None of these systems will make you rich, or even guarantee that you will make a profit. The inside post combined with early speed is a particularly potent combination, since the horse will not have to exert himself as much to gain his preferred position at the front of the pack.
For as long as humans have bet on horse racing there have been system sellers trying to con the gullible into parting with their hard earned money with the lure of easy profits to be made on the sport of kings. Let me let you in on a little secret about these “magic formulas”. Because speed figures have gained in popularity over the years, anyone following that system now would have trouble coming up with gas money for the ride home from the track.
The horse with the best last race speed figure (whether Beyer, BRIS, or Equibase) may not be the best horse in the race, but he’s probably not far off, so we can use that as a proxy for selection purposes.
Horse Racing System #1 – In maiden races, bet the horse with the best last race speed figure that has had at least two career starts. In most case the public seems to take a horse’s last running line at face value. To the extent that most handicappers use pedigree at all, it’s usually to identify horses that may improve when switched to the turf, or those who may be expected to win as first time starters. Few bother to even look at the comment line for the race, let alone take the trouble to seek out and watch the replay of the race. I’ve identified some of the most useful handicapping factors that have a proven history of doing much better than the track takeout and put them together with some simple rules that should make your trips to the racetrack more fun and profitable. This causes the favorite to be under bet in the place pool, leading to a profit opportunity for us to take advantage of by betting the favorite to place. The inside post in turf routes actually showed a small profit, but this was based on a small sample size and cannot be relied upon. My computer studies of pedigree, based on nearly 100,000 races, suggest that using pedigree in that manner offers no advantage to the player.
However, just Learn More
The sports establishment is vigilant in protecting the integrity of the product, and it will remain so if gambling is legalized, regulated and taxed.
Gambling on professional sports will go on whatever we do. It is a courageous position for a sports commissioner to take. We will see this trend continue.
There can be little question that sports gambling is a vice — much like drinking and playing the lottery. Alcohol continues to cause much more harm to society than illegal narcotics, but we learned the hard way that Prohibition generated far more problems than it solved. Perhaps fair-minded individuals will see the proposal for what it is — an effort to respond to reality and minimize some of the unfortunate consequences of having to place bets with a bookie in violation of the law. Professional sports think that gambling means that their games will not be decided on the merits, that fixers will invade their enterprises and cause spectators and fans to lose interest in patronizing their entertainment businesses. To recognize the reality that hundreds of billions of dollars are bet annually — and illegally — on sports is an enormous breakthrough even if the NBA is the only sport to recognize the fact. Few turn on the games, especially football, without knowing the betting line.
How will politicians react to Silver’s proposal? If President Obama likes the idea — he dutifully fills out his bracket each March on the NCAA basketball tourney — then for sure the Republican majorities will oppose any change in the law. Of course, gambling depends upon the games remaining unfixed. Adam Silver is right. However, we have passed the point of trying to decide whether gambling on sports provides some sort of benefit to society. It is ubiquitous.
We have entered a new phase of American history where some folks have begun to realize that prohibiting certain vices is foolish or just ineffective. Once the states impose their regulations and their taxation on this activity, gambling on professional sports in America will be universal.
What then are the chances that the other sports leagues and the politicians will go along with Adam Silver’s proposal? In the short run, I would not bet on it. They should come prepared with an answer.
NBA Commissioner Adam Silver’s op-ed in the New York Times calls upon Congress to change the nation’s laws to adopt a federal framework that allows states to authorize betting on professional sports.
Gambling on sporting events is legal throughout most of the world. At the same time, all team sports have discovered the marketing advantages of adopting fantasy games, some of which approach sports gambling when a participant can chose a new team each week. I would be surprised if the other commissioners follow Silver’s lead, but they will be asked. What Silver has done is to present the issue for public discussion.
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. There is no reason to think that were Congress to give its consent in a fairly short period of time we would see a “sports book” in almost every jurisdiction. They have been steadfast in opposition to the spread of legalized sports betting, most recently with regard to New Jersey’s effort to resuscitate Atlantic City by following the Nevada “sports book” model.
Adam Silver’s approach calls for federal legislation that would allow states to decide whether they would authorize sports gambling. No one has suggested that this fact of the sporting life be abolished, even if it were possible. We are now experimenting with legalizing marijuana for recreational use. So far, the Rocky Mountain high has not caused Denver to rise about its mile limit. Only five states do not have a state lottery, but even some of those states have casino gambling. The availability of gambling online makes that easy to accomplish. For some, the greatest joy comes from gambling on the uncertain outcomes of these contests. Were this to be enacted, state sports gambling would spread like the lottery. It is time to legalize, regulate and tax it.
We now await input from the commissioners of the football, baseball and hockey leagues Learn More
Few bother to even look at the comment line for the race, let alone take the trouble to seek out and watch the replay of the race. Thanks for reading, and see you in the winner’s circle.
Horse Racing System #1 – In maiden races, bet the horse with the best last race speed figure that has had at least two career starts. Because speed figures have gained in popularity over the years, anyone following that system now would have trouble coming up with gas money for the ride home from the track.
In the first place, the parimutuel takeout in horse racing is large (over 15%) and the mutuel pools are relatively efficient, so that even systems with a strong basis in reality can’t overcome the size of the takeout.
Horse Racing System #4 – Bet low-priced favorites to place. This offers opportunity to more diligent players.
Horse Racing System #5 – Bet Horses breaking from the inside post in route races. Just don’t expect to quit your day job.
Second, the very nature of the parimutuel system itself means that any profits to be made from following a particular set of rules will quickly be arbitraged away as the followers of that system drive down the odds of horses chosen by the system.
The horse with the best last race speed figure (whether Beyer, BRIS, or Equibase) may not be the best horse in the race, but he’s probably not far off, so we can use that as a proxy for selection purposes.
For as long as humans have bet on horse racing there have been system sellers trying to con the gullible into parting with their hard earned money with the lure of easy profits to be made on the sport of kings. My computer studies of pedigree, based on nearly 100,000 races, suggest that using pedigree in that manner offers no advantage to the player.
Looking for a dead simple horse racing system that will allow you to quit your job and make a living betting the horses in just 10 minutes a day? Good luck with that!
This causes the favorite to be under bet in the place pool, leading to a profit opportunity for us to take advantage of by betting the favorite to place. One of the few anomalies turned up by Michael Nunamaker in his pioneering computer study “Modern Impact Values”, published in 1994, was that horses breaking from the inside post position in route races won more than their fair share of races, and were under-bet by the public. My study suggests that’s not the case.
First time starters return only about 60 cents on the dollar, and second time starters are only a little better, returning less than 70 cents on the dollar. They will, however increase the chances of a profitable day at the races by ensuring that your wager dollars go where they have the best chance of success. I was able to replicate this result in my own study of nearly 100,000 races conducted a decade later.
Look for comment lines like “bled”, “lost rider”, “clipped heels”, “stumbled”, “steadied”, “between horses”, “rank”, and “jumped shadows” that suggest that a horse’s last race was not indicative of its true ability. The inside post combined with early speed is a particularly potent combination, since the horse will not have to exert himself as much to gain his preferred position at the front of the pack.
. The inside post in turf routes actually showed a small profit, but this was based on a small sample size and cannot be relied upon. None of them work.
Horse Racing System #2 – Bet horses that have an excuse for a poor performance in their last race. To the extent that most handicappers use pedigree at all, it’s usually to identify horses that may improve when switched to the turf, or those who may be expected to win as first time starters. My own studies have shown a similar advantage for the inside post in routes.
For instance, many speed figure handicappers reported making horse racing profits in the 60′s and 70′s simply by betting horses with the best last race speed figure. Most people who love horse racing would be thrilled just to win a little more and lose a little less on their trips to the track.
Horse Racing System #3 – In maiden claiming races, bet the horse with the best pedigree. In most case the public seems to take a horse’s last running line at face value. If the tote board suggests that the public is overlooking these mitigating circumstances, make your play.
However, just because systems won’t make you rich doesn’t mean there’s no place for them at all in a horseplayer’s arsenal. This is another mistake that bettors make: in a race with a clear standout, many people give up on the win pool and bet their choice to place, thinking that they’ll get paid even if the favorite wins.
None of these systems will make you rich, or even guarantee that you will make a profit. The horse with the best combination of the two is the play.
In that spirit. It should go without saying that you should actually like the favorite’s chances after evaluating the race with your own handicapping.
Instead of blindly betting all horses breaking from the inside, you might use this to supplement your handicapping, paying particular attention to the inside horse, and betting it when you like the horse on other handicapping grounds. It must follow, therefore, that if we bet the best horse that has started at least twice, we stand an excellent chance of beating the takeout, particularly in races that have several first and second time starters.
How do we identify the best pedigree, then? If you’re using the DRF past performances, use the stud fee as a proxy for quality, and the Tomlinson figure to judge suitability for the distance and surface. With the BRIS Learn More
As President Obama makes a historic visit to CubaMarch 20-22, 2016, the first by a U.S. and Cuba agreed to re-establish diplomatic relations and open economic and travel ties, marking a historic shift in U.S. policy toward the communist island after a half-century of enmity dating back to the Cold War. President Barack Obama (R) and Cuban President Raúl Castro shake hands at the start of their meeting at the UN General Assembly in New York, September 29, 2015, another step towards a new relationship between the two countries. Kennedy, Ernest Hemingway, Jackie Robinson and Lucky Luciano.
By CBSNews.com senior photo editor Radhika Chalasani
On December 17, 2014, the U.S.
Before the U.S. Two years ago, the leaders met and shook hands during the memorial service for former South African President Nelson Mandela in Johannesburg on December 10, 2013 – the first public greeting between an American president and a Cuban leader since the Cuban revolution.. president in nearly nine decades, we take a look back at the storied history between the two countries the last time we had diplomatic relations with the island nation.
In this photo, U.S. and Cuba broke off diplomatic relations 54 years ago, the two countries had a long, intertwined history including leading figures such as Fidel Castro, John F Learn More
The latter includes licensing fees that PC makers pay for Windows software, which saw an uncharacteristic increase, offset by declining revenue from smartphones and Xbox consoles.
For Microsoft, meanwhile, cloud computing has been the company’s biggest source of growth in recent quarters. The company’s stock was up about 4 percent in after-hours trading Tuesday following the earnings report.
Nadella has poured billions of dollars into building new data centers around the world, hoping to position Microsoft as the leading alternative to Amazon in selling online computing power — housed in remote centers or “clouds” — to internet startups and big corporations, as well as consumers.
For consumers, competition in the cloud-computing industry could mean their favorite social media site or streaming entertainment app doesn’t depend on a single company to keep its service running. reported Tuesday that its Azure cloud-computing business more than doubled in sales last quarter, compared with a year earlier. Increasingly, that’s also true for big companies like General Electric and Boeing, which provide online data and other services for their commercial customers, and which recently signed deals to move some of those services to Microsoft’s cloud.
Microsoft still relies heavily on the PC business, and it’s been aggressively promoting Windows 10, the latest version of its operating software for PCs and other devices. That helped boost Microsoft’s overall sales to $22.6 billion, after adjusting for deferred revenue, for an overall increase of 2 percent.
IBM and Google have 7 and 5 percent, respectively.
Revenue from the division that includes Microsoft’s Office productivity software was up 5 percent. But Microsoft’s “Intelligent Cloud” division — which includes Azure and some software that customers use in their own data centers — reported revenue of $6.7 billion, up 7 percent from a year earlier. Analysts say the timetable was probably slowed by a continued slump in global PC demand, as well as Microsoft’s failure to persuade consumers to buy Windows-based phones.
As evidence the investment is paying off, Microsoft Corp. It’s helped drive up Microsoft’s stock price by 15 percent over the last year, despite sluggish sales of PC software and the near-collapse of its floundering smartphone business. Estimates vary, depending on how you define “cloud computing,” but analysts at Synergy Research Group say Amazon still has more than 30 percent of the market, while Microsoft has grown to 10 percent — partly on the strength of Microsoft’s promise that its cloud services are compatible with Microsoft software that customers already have on their own computers.
SAN FRANCISCO (AP) — In a world where there’s a smartphone app for everything, one company __ Amazon.com Inc. That growth, combined with increases in revenue from Windows software licenses and other key segments, helped offset a big decline in revenue from the Nokia smartphone business that Microsoft largely shut down last year.
Some investors worry the cloud business isn’t as profitable as selling traditional software, since the latter didn’t require massive spending on data centers. But sales from the “More Personal Computing” segment fell 4 percent. Like Microsoft, IBM reported this week that its cloud revenues increased in the last quarter, despite a broader decline in its traditional software business.
If Amazon has been the undisputed king of the cloud, analysts say Microsoft, Google and a few other tech giants are emerging as rivals. But Nadella has positioned Windows 10 as part of a broader software ecosystem that includes money-making online services like Skype and the ad-supported Bing search engine.
Microsoft CEO Satya Nadella wants to change that.
In a rare concession, Microsoft signaled last week that it was backing off its stated goal of getting Windows 10 on a billion devices by 2018. The company doesn’t disclose revenue for its Azure cloud computing service by itself. — has long been the host for an outsized share of online software and computing services.
Results from Microsoft’s latest quarter underscored that trend. The competition could mean lower prices and more innovation, both for businesses that buy cloud-computing services and for consumers who use popular apps — from Netflix to Pinterest and Airbnb — that run in the cloud.
“Some companies will want to work with multiple cloud providers, so if anything goes wrong, they have redundancy,” said Frank Gillett, a tech analyst with Forrester Research.. But cloud computing is “the area that offers the highest potential for the entire company to grow its way out of a very mature PC business,” said Dan Morgan, senior portfolio manager at Synovus Trust, which holds Microsoft shares.
Amazon pioneered the cloud business almost 10 years ago, when the online retailer began renting out unused capacity on its own servers Learn More