Tag Archive | "Betting"

IOC Pushing Governments to Act on Illegal Betting

LONDON – The IOC wants governments to do more to tackle illegal betting, match-fixing and other corrupt activity that authorities say could pose a bigger threat to sports and the Olympics than doping.

The International Olympic Committee will host a meeting in Lausanne, Switzerland, on Thursday of sports leaders, government ministers, licensed betting operators, lottery companies and the international police agency Interpol.

The meeting, which comes less than six months before the London Olympics, will act on a series of recommendations for cracking down on the multi-billion-dollar underground illegal sports gambling industry.

IOC director general Christophe De Kepper tells The Associated Press: “We need governments to wake up” to the magnitude of the problem.

2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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USC Debacle Exposes Problems with Betting

It was not until two hours afterward that Southern California cornerback Torin Harris got credit for scooping up a blocked field goal and returning it 65 yards for a touchdown on the final play of the Trojans’ victory over Utah.

But, in doing so, Harris was not the only one who, officially, took it to the house. So did plenty of gamblers.

Because of a miscommunication between officials, fans nationwide moved on to other things believing Harris’ touchdown had been wiped out because of an unsportsmanlike-conduct penalty on USC’s bench for emptying onto the field — and that the final score was 17-14.

But, two hours later, the confusion was cleared up and the Trojans had won by a score of 23-14.

The difference meant little to USC or Utah, which was trying to force overtime when Coleman Peterson’s 41-yard field-goal attempt was blocked by Matt Kalil.

The difference meant everything in Las Vegas, where oddsmakers had made USC an 8½-point favorite. For two hours, sports books had paid out winning tickets to bettors who had taken Utah and the points. When the final score changed, some books — but not all — began paying out tickets to bettors who had USC giving the points.

“We were in a bad spot no matter what,” said Jay Kornegay, the vice president of race and sports operations at the Las Vegas Hilton. “We already paid off the lion share of tickets. Now, a few hours later, we’re paying the other side. It’s a very confusing, uncomfortable spot for everyone.”

According to the Pac-12, the officials on the field interpreted the rule correctly, but the message — that Harris’ touchdown should count because the penalty was a dead-ball foul — was not conveyed from referee Jack Folliard and officials in the press box.

Folliard said the penalty was declined by rule, and the game was over.

“There was a miscommunication between the officials and the press box that led to the confusion about the final score,” Tony Corrente, the Pac-12 officiating coordinator, said Sunday in a statement. “We will make the appropriate adjustments to improve communication between on-field officials and press box personnel so that we avoid any scoring issues in the future.”

It is not uncommon for uncertainty to surround the final score of a basketball game, often if there is question about whether a last-second shot is a 2-pointer or 3-pointer.

And, in 2008, there was a rare instance of an NFL game’s final score being changed. Pittsburgh’s Troy Polamalu returned a fumble for a touchdown on the final play of an apparent 17-10 win over San Diego, which was a 4 ½-point underdog. In about 10 minutes, Polumalu’s score was wiped out for an illegal forward pass by San Diego and the final score held at 11-10. But because there was uncertainty, many sports books delayed paying out for about 15 minutes.

“What made it significantly less of a problem than USC-Utah is that nobody was paid,” said R.J. Bell, CEO of Pregame.com, a sports betting news site.

Whether you were paid had as much to do with where you placed your bet as on which team you bet. Hilton, LeRoys and Cantor — which runs books at the Cosmo, M and Venetian hotels — are posting the score as 23-14. MGM, the largest book in Las Vegas, Wynn and Caesars are posting it as 17-14. (For online or offshore bets, there were few problems: Since bettors work from accounts, it has been a matter of adjusting debits and credits.)

The Hilton is paying not so much because of altruism, or customer service, as it is the fine print of each house’s rules.

“You go to any place in Las Vegas and most of our house rules are pretty standard,” Kornegay said. “This is where you find out where the variations are.”

Kornegay said the Hilton’s house rules state that the score, for betting purposes, is determined the day of the event. So because the change occurred before midnight, Hilton was obliged to honor any USC winners. Others, including MGM and Wynn, have rules stating that no overturned outcomes will be recognized.

But Bell says those books who did not pay out on USC tickets are missing the point.

“You can go into the MGM with a USC ticket, look up at ESPN and see the score has USC winning by nine points and you wonder, ‘Why won’t you pay me?’ ” Bell said. “Yeah, the fine print covers MGM. But, to me, that kind of corporate, fine-print, minutia double talk that says we’re not going to pay is something that a customer-friendly company wants no part of.”

A message left with an MGM official was not returned.

If you happened to have bet on USC at the MGM or on Utah at the Hilton and didn’t cash your ticket immediately, you are out of luck. But so, too, is anyone who placed a bet on the Trojans and then tossed away their ticket when the game was over.

“I had a guy on Twitter who told me he found three USC tickets and cashed all three of them,” Bell said. “The lesson here is if you have a winner, cash your ticket as quick as you can, and if you have a loser, don’t throw your ticket out right away.”

Kornegay agreed. But he also noted it could have been worse. There was relatively little action on Utah and USC.

What if it had been a Super Bowl?

“Oh, my gosh,” Kornegay said. “Shoot me in the head.”

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A Sportsbook with a Heart? Free Football Bets for Bettors

August 27, 2011

LINESMAKER (Media Services) — Football junkies, we’re back in the game! After months of rumors, spec­u­la­tion and an anx­ious hia­tus away from the field, the NFL is offi­cially back in busi­ness. The end to the NFL lock­out is wel­come news for foot­ball fans and book­mak­ers alike, and sea­son kick­off on Sep­tem­ber 8th can’t come soon enough for everyone.

Lines­Maker Sports Betting (http://BetLMeu) is cel­e­brat­ing a double-header – an end to the long ­stand­ing lock­out and the start of the new foot­ball sea­son — by giv­ing sports fans free bets on NFL and Col­lege foot­ball. The grid­iron give­away’ will award loyal play­ers and those new to the site with free bets, rang­ing from $10 — $50. Eli­gi­ble play­ers should also take advan­tage of a selec­tion of super gen­er­ous 100% reload bonuses cur­rently on offer. BetLM is all about rewarding player loy­alty, and there’s no bet­ter rea­son to share in the riches than with a punt on the much-anticipated return of your favorite NFL stars. Get the ball rolling again with a bet on the 2011 NFL sea­son opener, sure to be a cracker of a game, with reign­ing Super Bowl champs, the Pack­ers gear­ing up to face the Saints.

And that’s just to kick-off the action. This industry-leader has the goods to back its rock solid rep­u­ta­tion. Expect BetLM to post some of the most com­pet­i­tive NFL lines avail­able any­where online through­out the sea­son in the lead-up to the Super­bowl XLVI. Play­ers of all lev­els will have the oppor­tu­nity to par­tic­i­pate in a vari­ety of excit­ing free-to-enter con­tests, with a stag­ger­ing $1 Million-plus in cash up for grabs in weekly and sea­son prizes. It’s a bettor’s bonanza, so come in from the cold, warm up for the big game, and get set to score some touchdowns of your own.

Plus, members at this pop­u­lar online Sports­book will be impressed with the recent changes to the BetLM brand’s Loy­alty Pro­gram. The makeover means every mem­ber receives auto­matic VIP sta­tus with exclu­sive VIP bonuses and access to the LM Concierge ser­vice, an open door to a world of valuable benefits for the online punter. It’s now one of the most com­pre­hen­sive loy­alty bonus pro­grams in the Sports­book trade. BetLM really is a bookie with a heart.

About
LinesMaker is an online gam­ing and entertainment destination, has provided secure online sports bet­ting, a poker room, online casino games and off track horse betting since 1999. BetLM offers sports betting lines on all major North American and inter­na­tional sporting events. 

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Paul Tesori, Colin Byrne Now Betting Favorites for Tiger’s Bag

With Tiger Woods apparently thought to play in next week’s WGC Bridgestone Invitational (after errantly having been thought to play in the Scottish Open, Open Championship and Greenbrier Classic), the guy is going to need a caddie to lug his clubs around Firestone CC in Ohio. Who would be doing that has been the cause of some betting fervor in Europe, including at broker Paddy Power.

Their betting favorites now have two names identified as candidates to replace the now newly-employed Steve Williams.

The overall favorite right now is Paul Tesori. He previously had a great run with Vijay Singh before moving on briefly to Sean O’Hair before getting on board with Webb Simpson this season. He’s at 2/1 at the moment. Speaking on Twitter, Tesori said of the rumors about his future bag, “It’s actually quite amusing with all the speculation. It’ll be interesting but I just want that guy back playing again!!”

Right behind Tesori is Colin Byrne. He had been working with Retief Goosen for a number of years before hopping on with Edoardo Molinari. That partnership ended this past weekend. Speaking with Irish Golf Desk, the Irish-born 7/2 option told Brian Keogh:

“I’d love to do it. It would be flattering and a great challenge to work for someone that talented.

“But I’ve heard nothing. I know him obviously and we’d be on first name terms after all the years I worked for Retief Goosen.

“But I am sure he is not in a rush because I don’t think he’s going to play for a while.”

Right behind Byrne is current free agent Tony Navarro, who has told local papers in Illinois that he would answer Woods’ call in a heartbeat, followed by Woods pal Byron Bell, who is actually employed by Woods at his design company which isn’t doing a whole lot these days.

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NBA All Star Game Betting

This year’s All Star game is at the Staples Center in Los Angeles, California. The Western conference is lead by hometown hero Kobe Bryant, and the East will be lead by Heat players LeBron James and Dwyane Wade. It should be a close game. Both rosters are stacked and this game could easily go either way. That said giving any points is an advantage, so I’m happy taking the West +2.

Western Conference All Stars +2 (-105) over Eastern Conference All Stars

It was a down year in football. Congrats to the Packers for winning the Super Bowl, and Aaron Rodgers for getting the Super Bowl MVP. Regular season stars Tom Brady for winning the 2010 MVP and Michael Vick for getting the NFL comeback player of the year.

TV: NBA All-Star Game Sunday, 8:30 pm Eastern – TNT

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Super Bowl Betting Up, Profits Down for Nevada Casinos

 Super Bowl Betting Up, Profits Down for Nevada Casinos

Bettors did better and casinos did worse than usual on the Super Bowl this year: The Nevada Gaming Control Board reports that just under .5 million was wagered on Sunday’s game and sports books ended up coming out ahead by 4,176.

Although betting was up from the .7 million wagered on last year’s game, the casinos’ profit of less than 1 percent is far worse than the casinos usually do.

The only time in the last 10 years that Nevada casinos have lost money on the Super Bowl was the Giants’ upset of the Patriots in 2008, when the casinos lost a collective .5 million on million bet. Other than that year, the Packers’ 31-25 victory over the Steelers (in which Green Bay covered the spread and the teams’ total of 56 points reached the over) was the worst Super Bowl for casinos in the last decade.

For the casinos, the best Super Bowl of the last 10 years came in 2005, when bettors wagered more than million and casinos came out ahead by more than million when the Patriots beat the Eagles.

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A Guide to NHL Betting

Ice hockey, the fastest game on ice, is undoubtedly among the most fascinating and exciting games for the sports lovers in America. No wonder that the NHL betting season is the most awaited time for the sports betting enthusiasts. If you are a novice bettor, or wish to try your hand at making money betting on NHL games, then you need to know everything about the ice hockey and the prestigious Stanley Cup.

The NHL is among the most professional sports leagues in the world, and for this reason wagering on NHL games are extremely profitable.   Before beginning, you need to conduct complete research about ice hockey over the internet to understand the basics of the game so that you can make an informed bet. There are many reputable online sportsbooks providing complete information about NHL betting tips and strategies along with NHL odds and predictions. Browsing through them will give you an insight into NHL gambling and you can turn a profit betting on the NHL long term.

As there are many games on any given night, one need to keep a close look on the NHL betting odds and look for decent payouts, as in that case you can win even by simply betting on the favorite. Although one can indulge in different types of bets in NHL, but money line betting is the most popular form of NHL gambling. One should always compare the NHL odds at various online sportsbooks, so that you can pick the best bet. You can make profit in NHL wagering if you bet on the right games and make an informed bet.

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Getting Acquainted with MLB Betting

Baseball needs no introduction to sports fanatics, especially in America. There are around 162 games played by MLB baseball teams every season, not to mention the action-packed playoffs, providing a large selection of betting options for the bettors. For this reason, MLB betting holds immense significance in the schedule of any professional bettors, who anxiously wait for the MLB season every year to find profit making opportunities with loads of futures and prop bets.

Sports betting websites offers numerous types of MLB bets for the gamblers to select from. Money line is the most common form of baseball betting as it is extremely difficult to predict the runs in this game. Therefore, all one needs to ensure is that your team wins the game so that you win the bet. One should know that the money lines are dependent on the starting pitchers, so it is an important aspect to keep in mind while betting. Besides money line, one can also try their hands at Run Line and If Win Bets, which are also popular among most MLB betting enthusiast.  Some sports betting websites also offer different types of parlays, round robins, reverse bets and teasers.  However, the rules might differ at each sportsbook, so it is advised that you check with their options and rule before beginning.

One should look for high value bets and always ensure to compare the MLB lines at various sportsbooks. Many bettors even have accounts in multiple sportsbooks so that they can get the best value for each bet and enhance their chances of winning in MLB betting. It is however advised that one should try and bet in size of 1 to 2 percent of a total bankroll, to avoid huge disappointments and ensure consistent wins.

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