Marcano bet on his own team Major League Baseball (MLB) has banned San Diego Padres infielder Tucupita Marcano for betting on baseball. In Tuesday’s announcement, the league said that he placed 387 bets, including 231 that involved MLB teams, in two stretches in 2022 and 2023. What got him banned for life, though, was that… Read more »
sports betting
MLB Commissioner Doesn’t Like Sports Betting, But Admits the League Has Benefited From It’s Legality
Performing quite the tap dance, MLB Commissioner Rob Manfred said that the league was “dragged into legalized sports betting,” while at the same time being better off today now that wagering is out in the open. Speaking at the 2024 Associated Press Sports Editors Commissioners Meetings, Manfred was asked if the league’s position on gambling… Read more »
NBA, Sportsbooks Discussing Prohibiting Certain Types of Bets
Reining things in? In the wake of Jontay Porter’s lifetime ban from the NBA for gambling infractions, the league is reportedly talking to sportsbooks about limiting the types of bets that can be offered on games. Both ESPN and Legal Sports Report have said their sources tell them that some ideas being bounced around are… Read more »
Study Finds Sports Bettors Binge Drink More Than Non-Gamblers
Before you read this, please be sure you are sitting down. What you are about to learn is so shocking that you might need some time to recover. Researchers from UNLV and the University of New Mexico (UNM) have found that sports bettors are more likely to binge drink than non-gamblers or those who partake… Read more »
Jontay Porter Bet Millions on FanDuel Sportsbook
It might turn out to be nothing, but a new report details the extent to which the Toronto Raptors’ Jontay Porter was involved in sports betting. Porter, who is under investigation for his potential role in suspicious NBA wagering, reportedly bet millions of dollars on FanDuel from 2021-2023, this according to Action Network. Action Network… Read more »
First Week of North Carolina Online Sports Betting Brings Big Revenues
Sometimes it is all about timing. Reports out of the North Carolina State Lottery Commission, which oversaw the rollout of online sports betting in the state, indicate a great desire for the activity. How much? Within hours of launching in March, eight figures in revenues (and payouts) had been won by North Carolinians. ACC Tournaments… Read more »
Louisiana Bans College Player Prop Betting
Louisiana has become the latest state to ban player prop bets in college sports. On Wednesday, the Louisiana Gaming Control Board announced that such bets will no longer be available starting August 1. “Our staff began to work on this weeks ago, well ahead of the NCAA’s call for action on college proposition bets,” Louisiana… Read more »
NBA’s Jontay Porter Under Investigation for Possible Connection to Suspicious Bets
Coincidence? Hot on the heels of the Shohei Otani scandal involving his interpreter allegedly stealing millions from him to pay off gambling debts comes another developing scandal in the NBA. According to ESPN’s David Purdum, Brian Windhorst, and Adrian Wojnarowski, Toronto Raptors forward Jontay Porter is under investigation for a possible connection to multiple betting… Read more »
Tipico Becomes First US Sportsbook to Earn Key Responsible Gambling Accreditation
Tipico is far from the biggest name in the US sportsbook market; in fact, I would wager (see what I did there?) that most people have never heard of the company. Despite lagging in market share, however, the operator has achieved that its bigger rivals have not: it has become the first US sportsbook to… Read more »
NBA All-Star Tyrese Haliburton Doesn’t Care About Your Sports Bets
Indiana Pacers star Tyrese Haliburton reminded people that professional athletes are human, not just entertainers and stat generators. Athletes have always been under the microscope, but Haliburton pointed out that the spread of sports betting in the United States has also been a problem for them. In a media gaggle on Tuesday, The Athletic’s James… Read more »
New York Congressman to Introduce Federal Bill to Regulate Sports Betting
Putting the clamps on ads As legal sports betting has spread throughout the United States, sports betting advertising has become more ubiquitous. Rep. Paul Tonko (D – NY) wants to put a stop to much of it plus implement a slew of other restrictions on sports betting. Working with members of the Northeastern University’s Public… Read more »
Iowa Bill Aims to Ease Sports Betting Regulatory Burden on Casinos
A member of the Iowa House of Representatives is pushing to rescind part of the state’s gambling laws that would require casinos to maintain lists of people who are barred from sports betting. The rule was put in place in 2019 when sports betting became legal in the state, but does not have to be… Read more »
North Carolina Launches Online Sports Betting Market
Roundball Rock Online sports betting went live in North Carolina at noon on Monday, March 11, just in time for March Madness. With both men’s and women’s conference tournaments in full swing (some are already done), sports fans in one of the basketball-craziest states in the country have plenty of opportunities to throw a few… Read more »
WynnBET Exits Another State, Sells Michigan Online Gambling Business to Caesars
It appears that WynnBET is all but done in the US sports betting industry, as it is leaving one of just two states in which it still had a presence. On Tuesday, Caesars Entertainment announced that it has agreed to acquire WynnBET’s Michigan online gaming business. The company also inked an extension of its partnership… Read more »
Division III Basketball Coach Punished for Placing $93,000 in Sports Bets
Bet on college basketball games The NCAA has determined that Brody Curry, the former head women’s basketball coach at the University of the South (also know as Sewanee), violated both the NCAA’s sports betting and ethical conduct rules for wagering on sports between 2021 and 2023. According to the NCAA’s Tuesday announcement, Curry placed more… Read more »
Super Bowl LVIII Was a Wild Time for Bettors
Sportsbooks did not like overtime Let’s be honest – Sunday night’s Super Bowl LVIII between the Kansas City Chiefs and the San Franciso 49ers was boring until the fourth quarter. It was just 10-3 at halftime and 13-10 after three quarters and though it was obviously two premier defenses showing out, it felt more like… Read more »
Just Three Sports Betting Commercials Will Air During Super Bowl LVIII
How about a Pets.com ad? The United States sports betting market is booming and there is still room for growth. With the boom has come a deluge of advertising for sportsbooks. If you watch sports or sports-related programming, you have undoubtedly had your eyes seared by sports betting commercial after sports betting commercial. Telecasts of… Read more »
Former Iowa State Football Players Accuse Investigator of “Warrantless Search” in Sports Betting Probe
So he just went ahead and did it? The attorney for former Iowa State University defensive lineman Isaiah Lee has accused an agent of the Iowa Division of Criminal Investigation (DCI) for targeting college athletes in a sports betting sting without a valid reason. Calling the beginning of last year’s gambling investigation a “warrantless search,”… Read more »
Why Sports Betting? States Crushing Tax Revenues from Industry
One of the big questions asked by many in the online poker community is “Why isn’t online poker being embraced by states as they have sports betting?” You may think that answer is a complex one, but it comes down to a simple explanation. According to reports from the states themselves, their tax revenues are… Read more »
Arizona Department of Gaming to Issue Additional Sports Betting Licenses
A few open slots The Arizona Department of Gaming (ADG) has announced that it will take applications for at least two more sports betting licenses. The application window will be open from February 16 to March 4. According to the ADG’s press release on Tuesday, one license will go to an Arizona tribe and “no… Read more »
Georgia Lawmakers Giving Sports Betting Legalization Another Try
Needs widespread support Lawmakers in Georgia are giving sports betting legalization yet another shot. Bills have been put forth every year since the US Supreme Court struck down PASPA in 2018, allowing states to legalize sports betting, but every year, the bills fall short. This week, yet another bill to legalize sports betting – a… Read more »
High Stakes Poker Player Sean Perry Bombs Out of $9.2 Million Circa Survivor Contest After Refusing Chop
I have never been in a position to turn down $400,000 and I cannot fathom a time in a future in which I will ever be in that situation. But high stakes poker player and self-proclaimed “best bettor in the world” Sean Perry did just that. Unfortunately for him, that decision came back to bite… Read more »
Shohei Ohtani Rumors Wreaked Havoc on MLB Futures Odds
Oh, internet, you’re crazy On Saturday, Shohei Ohtani, the best player in baseball, signed with the Los Angeles Dodgers for ten years, $700 million. It is the largest contract in baseball history by more than a quarter billion dollars. In the 24 hours or so leading up to the announcement, speculation ran wild as to… Read more »
Wanna Bet, Florida? Seminole Hard Rock Tampa Opens Sports Book (and Much More)
In an elaborate ceremony featuring many sports legends and tribal representatives, the Seminole Indians of Florida threw the switch on their live sports book in Tampa on Friday. At noon, the first bet was received in the live book (more on this in a moment), but there was plenty of action around the Hard Rock… Read more »
NFL Betting Favorites Have Historic Week
UPDATE: The Vikings lost on Monday night, so the record was not broken. Sportsbooks do not generally like it when the favorites win. Yes, their goal is to set a line so that the action is split on both sides, but the public still tends to like the favorites. Why? It’s just easier for casual… Read more »