Sports betting

This is the most common type of bet in sports.

Proposition bets are wagers made on a very specific outcome of a match. “Sports betting should be legal in the Garden State”. UK format (fractional odds) are used by British bookmakers. Sports Scandals Westport, Connecticut: Greenwood Press ISBN 978-0-313-34458-9

Boyd, Kier (1981). In these bets, bettor predicts competitors results against each other and not on the overall result of the event. This bet can be placed on the spread(Line) or over/under. They were often descendants of the influx of immigrants coming into the USA at this time. Retrieved 22 June 2013.

^ “How Hansie Cronje became most infamous villain in cricket’s fixing scandals”. “Sport” Sullivan was an American bookmaker and gambler from Boston, Massachusetts who helped to initiate the 1919 Black Sox Scandal.

Sporting man culture

Sports mascots

Sports-related curses

Terrace (stadium)

2 Bookmaking

3 Odds

4 Legality

5 Famous betting scandals

6 See also

7 Sources

8 Notes

9 External links

Famous betting scandals

On December 7, 1980 the San Francisco 49ers overcame a halftime deficit of 28 points in what became the greatest regular season comeback victory in NFL regular season history. They are the ratio of the amount won to the stake – the solidus “/” is pronounced “to” for example 7/1 “seven to one”. Decimal odds of 2.00 are an even bet. Age proved to be a divide: Voters between the ages 18-34 were more likely to approve of sports betting than older voters. Martin’s Press ISBN 1-57954-927-6

Thompson, William (2001). NJ Voters Favor Sports Betting, but not Tax Credits for Meadowlands Developer (press release)

^ Fairleigh Dickinson University’s PublicMind, (April 18, 2011) Odds Favor NJ Referendum on Sports Betting (press release)

^ Fairleigh Dickinson University’s PublicMind, (February 21, 2011). The many types of bets include:

1 Types of bets

1.1 United States of America

Many on-line tools also exist for automated conversion between these odds formats.

Other

Sources

Davies, Richard (2001). Newsworks.org.

^ Fairleigh Dickinson University’s PublicMind, (August 21, 2012). Sports Betting, Sure Thing; Internet Betting, Nyet! (press release)

^ Fairleigh Dickinson University’s PublicMind, (April 20, 2009). For example, a bettor could include four different wagers in a four-team parlay, whereby he is wagering that all four bets will win. Opinion divided, but majority give the state the green light to allow sports betting in defiance of federal law (press release)

^ Fairleigh Dickinson University PublicMind Poll “US Public: Keep Las Vegas in Las Vegas” press release (March 2010)

^ Shriver, Roger. To determine who wins against the spread, the line is either added or subtracted from a team’s final score. According to the Telegraph in 2010, Cronje was paid off a total of £65,000 from Gupta.[21]

General topics

Arbitrage betting

Betting pool

Financial betting

Friendly political wager

Parimutuel betting

Point shaving

Sports betting systems

Statistical association football predictions

A 1906 betting scandal between the Massillon Tigers and Canton Bulldogs, two of the top teams in professional American football in the early 1900s, led to the demise of “big-money” professional football for several years. “Sports News”. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on Association Football (Soccer), American Football, Basketball, Baseball, Hockey, Mixed Martial Arts, and Boxing at both the amateur and professional levels. Successful bookmakers must be able to withstand a large short term loss. Retrieved 20 October 2014.

The bookmaker functions as a market maker for sports wagers, most of which have a binary outcome: a team either wins or loses. In general, most sportsbooks will prefer this type of wager due to the low win-probability, and also the longer period of time in which the house holds the player’s money while the bet is pending.

Head-to-Head. Betting the Line Columbus, Ohio: The Ohio State University Press ISBN 0-8142-0880-0

Finley, Peter (2008). (For instance, Mickey Mantle and Willie Mays were both banned from baseball in 1983 after taking jobs as casino greeters (which would have expelled them from the Hall of Fame had it been allowed to stand); they were reinstated two years later. Examples include predicting the number of goals each team scores in a handball match, betting whether a player will score in a football game, or wagering that a baseball player on one team will accumulate more hits than another player on the opposing team.

Parlays involve multiple bets (usually up to 12) and will reward a successful bettor with a large payout. Odds are also quite often expressed in terms of implied probability, which corresponds to the probability with which the event in question would need to occur for the bet to be a break-even proposition (on the average).

In 1919, the Chicago White Sox faced the Cincinnati Reds in the World Series. are far less likely to vote than other voters… US Public: Keep Las Vegas in Las Vegas (press release)

^ Coffey, Sarah (May 25, 2012). In totalizators (sometimes called flexible-rate bets) the odds are changing in real-time according to the share of total exchange each of the possible outcomes have received taking into account the return rate of the bookmaker offering the bet. The spread, or line, is a number assigned by the bookmakers which handicaps one team and favors another. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as Horse Racing, Greyhound Racing and illegal, underground Dog Fighting.

Betting on the Favorite, an 1870 engraving published in Harper’s Weekly

Retrieved from “https://en.wikipedia.org/w/index.php?title=Sports_betting&oldid=737074704″

See also

The majority of legal sportsbooks are found online, operated over the internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, Nevada, or on gambling cruises through self-serve kiosks. Naturally the more money bet on a certain result, the smaller the odds on that outcome become. For example, in the NBA, when two teams play each other, one is perceived as being more likely to win. Although the common stereotype is that these bookies were of Italian descent, many leading bookies were of eastern European ancestry.[3]

Songs

Event programme

Pennant

Supporter scarf

Odds for different outcomes in single bet are presented either in European format (decimal odds), UK format (fractional odds), or American format (moneyline odds). Results showed that nearly half (45%) of voters wanted to allow sports betting, while (38%) decided to wait and allow sports betting once Congress allows it. “NFL and ICC’s Stance on Betting”.

^ Finley, 2008

^ “Famous Cricket Spot-Fixing and Betting Scandals”. Such a bet must be made before the season starts in September, and winning bets will not pay off until the conclusion of the Super Bowl in January or February (although many of the losing bets will be clear well before then and can be closed out by the book). 55 Austrian tennis player, Daniel Koellerer, became the first tennis player to be banned for life for attempting to fix matches. The NCAA has threatened to ban all playoff games in Delaware if the state allows betting on college sports.[6] New Jersey, which is also interested, has been similarly threatened.[7]

In Asian betting markets, other frequently used formats for expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Gambling in America–An Encyclopedia of History, Issues, and Society Santa Barbara, CA: ABC-CLIO ISBN 1-57607-159-6

Notes

Barmy Army

Beer wench

Beer snake

Sledging

Interestingly for New Jersey, in a national poll released in December 2011, Fairleigh Dickinson University’s PublicMind asked voters whether they “support or oppose changing the federal law to allow sports betting” in their respective states. If any of the four bets fails to cover, the bettor loses the parlay, but if all four bets win, the bettor receives a substantially higher payout (usually 10-1 in the case of a four-teamer) than if he made the four wagers separately.

Progressive parlays. The bookmaker accepts both wagers, and maintains a spread (the vigorish) which will ensure a profit regardless of the outcome of the wager. If the player’s first selection complies with the condition (clause), then the second selection will have action; if the second selection complies with the condition, then the third selection will have action and so on.

Run line, puck line, or goal line bets. Before game 5 of the 2012 NBA Finals, the Miami Heat were expected to beat the Oklahoma City Thunder. These bets feature a fixed point spread that (usually) offers a higher payout for the favorite and a lower payout for the underdog (both in comparison to the moneyline).

Future wagers. Odds for such a bet generally are expressed in a ratio of units paid to unit wagered. The resulting bet that is placed is won or lost only on the points scored by both teams in the second half only.

In-play betting. On the other hand, the CEO of the International Cricket Council believe sports betting, in particular in India, should be legalized to curb illegal bookies where match fixing has occurred from nontransparent bookmakers. Sometimes you can also bet a “tie”, in which one or both drivers either have the same time, drop out, or get disqualified.

Totalizators. A progressive parlay involves multiple bets (usually up to 12) and rewards successful bettors with a large payout, though not as large as normal parlays. 26 May 2010. However, in a progressive parlay, unlike a regular parlay, a reduced payout will still be made even should some of the bets lose.

Teasers. Modern research has suggested that the claims of betting were unsubstantiated.

External links

Collegiate sport rituals

Jocks

Kiss cam

Surf culture

Tailgate party

Contents

Aside from simple wagers (for example, betting a friend $20 that one’s favorite baseball team will win its division), sports betting is commonly performed through a bookmaker (bookie) or through various online Internet outlets. An if bet consists of at least two straight bets joined together by an if clause which determines the wager process. 50: GAMBLING”. Fractional odds of 1/1 are an even bet. Just as many voters approved (42%) as opposed (42%) allowing sports betting. For him to win his bet, Miami would have to win the game by 4 points or more. To attempt to make wagering on the underdog desirable, the bookmaker will give them points. One example are Formula One races, where you bet on two or three drivers and their placement among the others. Retrieved 22 June 2013.

^ “No sport easier to fix than tennis”. The bettor can adjust the point spreads for the two games, but must get all the games correct to win and recognizes a lower return in comparison to parlays.

If bets. (Boyd, 1981)

From Wikipedia, the free encyclopedia

Sports betting is the activity of predicting sports results and placing a wager on the outcome. 1. Only Rose has yet to be reinstated.

Cricket

Association football culture

Australian rules football culture

Cheerleading

Haka

Hooliganism

Sports betting

Sports tourism

Tifo

Types of Supporter

In the United States of America, it is illegal to operate a betting scheme, except in Nevada, Oregon, Delaware, and Montana.[5] In many European nations, bookmaking (the profession of accepting sports wagers) is regulated but not criminalized. “N.J. The term book is a reference to the books used by wagebrokers to track wagers, payouts, and debts.

Sports memorabilia

Booing

Cheering

Crowd abuse

Pitch invasion

Trash-talk

Violence

Sportsbetting has resulted in a number of scandals in sport, such as the 1919 World Series, the alleged (and later admitted) illegal gambling of former MLB player Pete Rose, and former NBA referee Tim Donaghy, effecting the integrity of sports events through various acts including “point shaving” (players effecting the score by missing shots), bad calls from officials at key moments, and overall match fixing (“the fix is in”).

Actions

Fan loyalty

Philosophy of sport

Racism in sport

Spectator sport

Sports fan

Sports rivalry

Cultures by sport

v

t

e

The Cronje Affair was an India-South Africa Cricket match fixing scandal that went public in 2000.[20] It began in 1996 when the-then captain of the South African national cricket team, Hansie Cronje, was convinced by Mukesh “John” Gupta, an Indian bookmaker, to throw a match during a Test in Kanpur, India. 9.

^ “Sports Betting”. In the above example, if the bettor chose Miami, he would subtract 3 points from Miami’s final score and compare that to Oklahoma City’s final score. Retrieved May 27, 2012.

^ Rob Tornoe, for NewsWorks (17 August 2012). The PublicMind’s 2010 national survey found that 67% of Americans did not support the legalization of Internet betting websites in the United States whereas 21% said they would support legalization.[17] The National Football League is fully against any sort of legalization of sports betting, strongly protesting it as to not bring corruption into the game. Many of the illegal proceeds also allegedly go to fund terror, drugs and other illegal activities.[18]

Joseph J. Moves Towards Legal Sports Betting This Fall, in Time for NFL Season”.

In setting Odds, the bookmaker is subject to a number of limitations:[4]

Clothing

^ “18 USC Ch. As always, a lot depends on who actually shows up to vote.”[10] In February 2011 FDU’s PublicMind released a poll which showed that half (55%) of voters agreed “that people bet on sports games anyway, so government should allow it and tax it.” On the other hand, approximately (37%) of New Jersey voters concurred that betting on sports is “a bad idea because it promotes too much gambling and can corrupt sports.” Again, by a significant margin (70%-26%) that voters who already engage in sports betting in office pools tend to be more supportive of legal sports betting than other voters.[11] Donald Hoover, FDU professor in International School of Hospitality and Tourism Management and former casino executive commented on the results; “Betting on sports is not an uncommon practice for many New Jerseyans, but for the most part, the state doesn’t supervise it, doesn’t tax it and doesn’t take any revenue from it.”[12] In 2010 a national poll, results showed that voters opposed sports betting in all states by a margin of 53-39. This series would go down as one of the biggest sports scandals of all time. This bet is placed only at halftime of a particular sporting event. In 2004 and 2006, Koellerer was banned for six months due to his bad behavior. Woolley commented: “But…younger voters… house.gov.

^ Fifth Circuit ruling – PDF file

^ (Davies, 2001)

^ Cortis, Dominic (2015). Gambling Technology Washington, DC: FBI Laboratory

Rose, Pete (2004). This is similar to parimutuel wagering in horse racing and dog racing.

2nd half bets. The favoured team pays lower odds than does the underdog.

Spread betting are wagers that are made against the spread. While all sports wagers are by definition on future events, bets listed as “futures” generally have a long-term horizon measured in weeks or months; for example, a bet that a certain NFL team will win the Super Bowl for the upcoming season. However, nearly two-thirds (66%) of voters were not aware of the upcoming statewide referendum on the issue. The National Law Review. For example: If the bookmakers return percentage is 90%, 90% of the amount placed on the winning result will be given back to bettors and 10% goes to the bookmaker. In-play betting is a feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress.

Bookmaking

Main article: Bookmaker

Stadium anthem

Football chant

Fight song

Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as “bookies”. In addition, there was a significant gender split: a majority of men approved of the idea by a wide margin (65-21), while only 39% of women approved and 41% opposed.[9] The October results were stable, reflecting an earlier poll in April 2011 where New Jersey voters approved the legalization of sports betting in the state by a margin of 53%-30%. In addition, on August 2010, he facilitated betting by placing odds for matches and had links for placing bets.[23]

Supporter Culture

Baseball uniform

Casuals Fashion

Hockey jersey

Football Kit

Odds

The rule against gambling in baseball is known as “Rule 21,” which is publicly posted on dugout walls and states: “Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever on any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible.” People permanently banned from Major League Baseball are also forever banned from entry into the Baseball Hall of Fame, although most such people have been reinstated a few years later by a later Commissioner of Baseball. 12 June 2013. The Federal Wire Act of 1961 was an attempt by the US government to prevent illegal bookmaking.[1] However, this Act does not apply to other types of online gambling.[2] The Supreme Court has not ruled on the meaning of the Federal Wire Act as it pertains to online gambling.

Bookmakers usually hold an 11-10 advantage over their customers–for small wagers it is closer to a 6-5 advantage–so the bookmaker will most likely survive over the long term. The violations were outstanding between October 2009 and July 2010 after The Tennis Integrity Units had launched an investigation on behalf of the International Tennis Federation and the ATP and WTA tours. Retrieved 7 November 2014.

^ “Daniel Koellerer banned for life”. By the beginning of the third quarter, notorious Vegas bookmaker Frank Rosenthal received forfeiture notices from 246 San Francisco bettors totaling more than $25,000 in premature winnings. The line read: Miami -3, Oklahoma City +3. 31 May 2011. However, voters who already live in households where family members (including themselves) engage in sports betting had a strongly favored legalization of sports betting (71%-23%), while voters in households where sports betting is not an activity, opposed legalization (46%-36%). Legal sportsbooks take vigorish from bettors of both teams, paying a winning bettor a little under 2/1 in an even contest. They take bets “up-front”, meaning the bettor must pay the sportsbook before placing the bet. Krista Jenkins, director of the poll commented; “Although support is not overwhelming, these numbers suggest the public is cautiously behind the goal of moving forward with legalized sports betting.”[16]

Many of the leading gambling bookmakers from the 1930s to the 1960s got their start during the prohibition era of the 1920s. As the story goes, professional gambler Joseph Sullivan paid eight members of the White Sox (The players involved were Oscar Felsch, Arnold Gandil, Shoeless Joe Jackson, Fred McMullin, Charles Risberg, George Weaver, and Claude Williams) around 10,000 dollars each to fix the World Series. Half of New Jersey voters (52%) said that they approved the idea of legalizing sports betting at Atlantic City casinos and racetracks, 31% opposed it. Dr. These are wagers offered as alternatives to straight-up/moneyline prices in baseball, hockey, or soccer, respectively. US format odds are the amount won on a 100 stake when positive and the stake needed to win 100 when negative. Illegal bookies, due to the nature of their business, can operate literally anywhere but only require money from losing bettors, creating the possibility of debt to the bookie from the bettor. 19 June 2014. European format (decimal odds) are used in continental Europe, Canada, and Australia. The scheme was discovered when Delhi police recorded illegal dealings between Indian bookmaker Sanjay Chawla and Cronje. This creates a number of other criminal elements, thus furthering their illegality.

Media related to Sports betting at Wikimedia Commons

In areas where sports betting is illegal, bettors usually make their sports wagers with illicit bookmakers (known colloquially as “bookies”) and on the Internet, where thousands of online bookmakers accept wagers on sporting events around the world. The team wagered upon might be 50-1 to win the Super Bowl, which means that the bet will pay 50 times the amount wagered if the team does so. It must also be noted that both bookmakers use other methods to increase profits by enticing bettors with greater winnings at higher risk to the bettor (teasers, parlays, adjusting point spreads, etc.).

Barra brava

Casuals

Hooligan firm

Roligan

Supporters’ trust

Tifosi

Torcedor organizado

Ultras

Decimal

Fractional

US

Hong Kong

Indo

Malay

Implied probability

1.50

1/2

-200

0.50

-2.00

0.50

1 in 1.5 = 67%

2.00

Evs (1/1)

+100

1.00

1.00

1.00

1 in 2 = 50%

2.50

6/4

+150

1.50

1.50

-0.67

1 in 2.5 = 40%

3.00

2/1

+200

2.00

2.00

-0.50

1 in 3 = 33%

Conversion formulas

x

To

Do this

Decimal

Fractional

x-1, then convert to fraction

Decimal

US

100*(x-1) if x>2; -100/(x-1) if x<2

Fractional

Decimal

divide fraction, then x+1

Fractional

US

divide fraction, then 100*x if x>=1; -100/x if x<1

US

Decimal

(x/100)+1 if x>0; (-100/x)+1 if x<0

US

Fractional

x/100, if x>0; -100/x, if x<0

Decimal

Hong Kong

x-1

Hong Kong

Indo

x if x>=1; (1/x)*-1 if x<1

Hong Kong

Malay

x if x<=1; (1/x)*-1 if x>1

Moneyline bets do not have a spread or handicap. US odds of 100 are an even bet.

Other. Peter J. A teaser allows the bettor to combine his bets on two or more different games. A 2nd half (Second half) bet is also sometimes called a halftime bet. All eight players were banned from playing professional baseball for the rest of their lives.[19]Pete Rose, the all-time MLB leader in hits, was similarly banned from baseball in 1989 for betting on games while he was a MLB manager.

Associated activities

Wagebrokers both legal and illegal make a profit by taking a percentage of all money bet, called a vigorish (vig), juice, rake, or action. American Gaming Association.

^ ABC News. A Nation of Bettors? (press release)

^ Fairleigh Dickinson University’s PublicMind, (October 10, 2011). Expected Values and variance in bookmaker payouts: A Theoretical Approach towards setting limits on odds. Woolley commented on the results: “If some states allow sports betting and profit by it, other states will want to follow.”[13] Yet by December 2011 after NJ passed its sports betting referendum the national measure shifted to 42-42.[8] In January 2012, New Jersey Governor Chris Christie signed legislation allowing sports betting in New Jersey after it was approved in a nonbinding voter referendum in 2011 and he announced on May 24, 2012 that he plans to go ahead and set up a system of wagering at the state’s racetracks and casinos this fall, before the National Football League season ends.[14]

Types of bets

See also: Glossary of bets offered by UK bookmakers

United States of America

North American sports

The probability implied by the odds should be greater than the true probability for each possible outcome to guarantee positive expected profit.

If the wagers on each outcome are made in ratio to the implied odds, then the bookmaker is guaranteed a profit (balanced book).

Legality

Other

In 2012, despite federal law preventions, the state legislature of New Jersey and Governor Chris Christie signed a law that would allow sports betting to take place in New Jersey race tracks and Atlantic City casinos.[15] In August 2012, Fairleigh Dickinson University’s PublicMind conducted a study on the issue. Woolley, professor of political science and director of the poll commented on the findings, “Gambling has become, for good or ill, a national industry, and you can bet that politicians and casinos all over the country are closely following New Jersey’s plans.”[8] In a different study released by FDU’s PublicMind in October 2011, results showed that New Jersey voters thought legalizing sports betting in New Jersey was a good idea. My Prison Without Bars St. They are the ratio of the full payout to the stake, in a decimal format. ABC News.

^ PressofAtlanticCity.com

^ a b Fairleigh Dickinson University’s PublicMind, (December 19, 2011). Legalized Sports Betting in New Jersey

^ Fairleigh Dickinson University’s PublicMind, (March 11, 2010). Voters were asked whether New Jersey should allow sports betting even if federal law prevents it from doing so, or wait to allow sports betting until federal law permits it. Rosenthal was able to retain these winnings despite the final outcome of the game due to gambling regulations previously established by the NAGRA.

Corruption in tennis has been long considered as issue.[22] In 2011, the former world No. Journal of Prediction Markets. Illegal bookies, however, pay the winning bettor even money while making the losing bettor pay the vigorish exclusively

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Online Gambling: A Growing Addiction

These are things that I avoided my whole life, not choosing to be a part of, but today I cherish them.”

“I became this person I didn’t know,” he said. Win or lose, it didn’t matter to me, it just set me up to bet again.”

“I think it’s a devastating illness, it’s an illness that if it’s not treated, it will end up that the person’s whole lifestyle will be affected,” said Ed Looney, executive director of Council on Compulsive Gambling of New Jersey.

The problem is affecting younger people as well. The college bowl games this weekend lead to the NFL playoffs and the Super Bowl. People love to bet on their football games.”

“Life is great,” Erickson said. There are an estimated 6 million people who deal with the problem in the United States. except Nevada.

But soon, it spiraled out of control.

Three and a half years ago, Erickson accrued $400,000 in gambling debts. As gambling on the Internet becomes more popular and more sites crop up, those numbers are expected to increase.

“Sports betting is the rock of Gibraltar,” Looney said. “But I thought this must be what I have to do. ‘A Devastating Illness’

Erickson is a compulsive gambler, a condition just as dangerous and debilitating as drug or alcohol addiction. “The miracles I’ve experienced. The sharing of experiences with friends, family, like I’ve never seen before. Drawn in by the popularity of poker, half of all men in college are gambling on an monthly basis — even though betting on sports is illegal everywhere in the U.S. And when they caught on, he left his family and fled.

If you or your loved ones has a gambling problem, help can be found at the National Council on Problem Gambling.. “It becomes an all-consuming activity. He considered going to Mexico and if he couldn’t kill himself there, he’d pay someone else to do it, he said.

After 23 days on the run, Erickson turned himself in. The lining up the money, the handicapping of the game, the betting of the game, the watching of the game. By some estimates, $7 billion is wagered on the Super Bowl alone in casinos, online and with bookies.

The situation became so dire, that Erickson contemplated killing himself. “It’s American, like apple pie. Desperate, he began stealing from his clients. I got myself into this. Then, it’s March Madness, where many participate in an office betting pool.

Mark Erickson always craved a piece of the action — so the accountant from Phoenix started betting on sports over the Internet.

“I’ve heard other people compare it to a cocaine addiction, the high you get from that, and that’s the euphoria I felt,” he said. He served a year in prison and now works for a compulsive gambling helpline. He credits a 12-step program to helping him overcome his problem, and he has not gambled in almost four years.

It is now high season for sports betting. That will always be there. I got to get myself out of it.

Nevertheless, the industry rakes in mind-boggling amounts of cash. People love to bet on it

Would legalized sports gambling in N.J. mean a loss for the mob?

“Because they won’t take it over,” he said. The state hopes to collect millions.

However, as CBS News’ legal analyst Jack Ford reports on “60 Minutes Sports,” the ruling won’t put the mob out of business. “That ain’t what you do.

If it becomes legal, New Jersey Governor Chris Christie has said there would be strict state oversight, much like the way it works at his state’s Atlantic City’s casinos.

But Angelo Lutz, who is a legitimate businessman and restaurateur, told Ford that if New Jersey wins, it still won’t have much of an impact on organized crime. No one’s ever gonna stop it.”

Ford asked Alite why he’s okay with letting New Jersey legalizing sports gambling. You’re not looking for John and Nancy Adams to walk in and order champagne cocktails and pomegranate martinis,” he said. He said gambling will always be driven by the customer.

“Because the guy that has no money in his pocket … “Gambling’s going on anyway. “They won’t even put a dent in it.”

To watch Jack Ford’s full report, watch the video in the player above

© 2014 CBS Interactive Inc.

Bookmakers and organized crime members have long profited in the high-stakes world of illegal sports gambling. That ain’t where you draw your money from.”

After two decades with the mob, John Alite told Ford he has given up bookmaking, and now supports efforts to legalize sports gambling.

“If that can help people in the community for their taxes, roads, the infrastructure of whatever goes on in Jersey, why not,” he said. New Jersey is now appealing to the Supreme Court to legalize betting on games. That ain’t your weed. All Rights Reserved. is still going to call the local bookmaker to bet” because it requires no money, he said.

.

When Ford asked Luntz if legalizing sports betting would make bookmakers lose some of their business, he said “who cares.”

“You want the degenerate gamblers to bet with you

Diet Pepsi’s New Sweetener Fallout Follows History of Soda Bets That Fell Flat

But some customers are tweeting that they don’t like the new taste.

“To hear some tell it, April 23, 1985, was a day that will live in marketing infamy,” states an article on Coca-Cola’s website. “I think the thing that influenced Roberto the most was he was a chemical engineer and he was in charge of the technology. And so just like a carpenter thinks a hammer and nail is the solution to every problem, you know, I think you jiggle a formula and that’s the solution to that problem. Sprite Remix

Diet Pepsi’s move to replace its artificial sweetener — from aspartame to sucralose — in August has prompted a flurry of negative comments online from customers who aren’t big fans of the new taste, but it’s not the first time a soda company has taken a risk by making a change to its recipe.

In 2004, Jones Soda sold limited-edition holiday beverages inspired by Thanksgiving dinner and donated a portion of the proceeds to charity. 2015.

Aspartame, also found in NutraSweet and Equal, has been a source of controversy, even though studies have yet to link the artificial sweetener to negative health effects in humans. The original formula has been called Coca-Cola Classic ever since.

Jones Soda’s Thanksgiving Dinner

The Coca-Cola Company has experimented more than once with Sprite flavors. One of its more recent attempts is a “limited-edition” flavor created with basketball star LeBron James. The flavors were: Green Bean casserole, Mashed Potato and Butter, Cranberry, and Turkey and Gravy Soda.

PepsiCo Inc. And I think that’s what drove him.”

In a conference call on Tuesday, PepsiCo Chairwoman and CEO Indra Nooyi was asked about consumer reaction to the aspartame-free Diet Pepsi. Then, this past March, the company introduced Sprite LeBron’s Mix with a new look and name.

Crystal Pepsi

Despite its short-lived life, a fan movement has grown recently to bring back Crystal Pepsi, including crowd-funding petitions with the hashtag #BringBackCrystalPEPSI.

New Coke. replaced aspartame in Diet Pepsi with sucralose and acesulfame potassium in Aug. First, the company created Sprite 6 Mix by LeBron James in 2014, featuring cherry and orange. Even so, Pepsi says it was responding to consumers’ concerns by deciding to move to a less controversial artificial sweetener. “On that day, The Coca-Cola Company took arguably the biggest risk in consumer goods history, announcing that it was changing the formula for the world’s most popular soft drink, and spawning consumer angst the likes of which no business has ever seen.”

Crystal Pepsi, a clear version of Pepsi, was available from 1992 to 1993 in Canada and the U.S., which was long enough to get its own spoof on “Saturday Night Live” with a “Crystal Gravy” ad.

A spokeswoman for PepsiCo declined to comment to ABC News and referred to Nooyi’s comments.

Longtime Coca-Cola adviser Harold Burson recalls in a Coca-Cola video that testing showed consumers preferred the new taste before the launch, but company execs didn’t realize consumers had an emotional bond to the original formula. She answered that it was “too early to tell you exactly how the consumer is reacting because our belief is that you’ve got to wait a few cycles to see what the purchase-repeat adoption cycle is.” Nooyi said the company might have more information at the end of its fourth quarter.

Available from 2003, Sprite Remix was one of the Coca-Cola Company’s forays into flavoring, with “Berryclear,” “Aruba Jam” and “Tropical.” Though the drinks developed a following with some customers, the company discontinued the line in 2005.

A spokeswoman for PepsiCo told ABC News today, “There is no news on Crystal Pepsi at this time. But after 79 days and reportedly receiving 1,500 angry calls a day, the company returned to the original formula. While there are some rumors about our plans out there we have not confirmed anything and have nothing to say on it at this time.”

Here are some other times when a soda company’s bet on something new didn’t quite hit a sweet note.

In 1985, the Coca-Cola Company introduced the New Coke, which had a different formula of the popular soft drink for the first time in 99 years. Burson said then-CEO Roberto Goizueta called him into his office and said the company was going to create a new Coca-Cola formula.

“You could either change a product or you could change the marketing,” Burson said in the video

Funny NCAA Bracket Names 2012

Coming up with a funny or witty NCAA basketball bracket name is almost as much fun as watching the March Madness games and cheering for teams that you know nothing about but picked to go to the Sweet 16 because of a tip you overheard while at the bar doing your “research” for the NCAA tournament. At least that’s what we all tell ourselves as our brackets are statistically eliminated after the first weekend.

Below is a list of some funny NCAA basketball bracket names that I have come up with, heard of, seen in some of my pools over the years, or saw on a forum at some point. NCAA brackets with the best names have almost as much bragging rights as the people who actually win their pools. Feel free to add to the list by leaving a comment with your funny NCAA bracket name and show the world that even though you know nothing about college basketball (or at least not as much as the blonde from the office who had her dog make all of her picks), you know enough to get a laugh out of your bracket name.

Casino-Gaming :: Gambling Heroes | ArticleBiz.com

One that relates to playing casino games and the other to bets on various sports. Prior to playing any game it is better to get acquainted with its rules first. The game of video poker is quite popular in Las Vegas.

Gambling is one amongst the most eminent sources of entertainment today. Gambling is all about wagering money usually to acquire more wealth or even things of material significance. It is played by placing a bet of one or more credits and by inserting money into the machine. Poker is the well-known game of skill. This sort of gambling can be within the four walls of a casino or at home. . Blackjack is the game of card counting. After this the ‘deal’ button is to be pressed to draw the cards. Then the player gets a chance to hold or reject one or more of the cards in exchange for a new card, which is drawn by the player from the same virtual deck. For a person had to collect various ingredients such as cards, table, dice, coins etc. If the hand matches one of the winning hands in the posted pay schedule the machine offers a payout. Besides this there is gambling related to gambling tables, deck of cards, slot machines and the like. It is legalized only at few places such as Las Vegas. it provides a rule book for almost every game. Though gambling is also a good source of revenue yet is proclaimed illicit in most parts of the world. Few decades from now, gambling at home meant lot of expense and work. Blackjack is popular for card counting, a skill with which players can turn the odds of the game in their favor by making betting decisions based on the values of the cards known to remain in the deck.

All these games have different rules and regulations. People cherish these games across the globe. The winner of the game (who has the best combination of cards) takes away this pot. It’s also known as twenty-one and pontoon in British English. For instance betting on horse race, car races, sports betting are all different types of gaming because in these cases too a person puts an amount of money at stake, calculates the odds etc. However all the players should take gambling in a sporty spirit only. to play. In poker players make wagers into a central pot with fully or partially concealed cards. This is why apart from ordinary people it is commonplace to see celebrities gambling in some or the other big casino. But today with the advent of online gaming any gambling aficionado can relish gaming while relaxing on his couch.

Broadly speaking gambling is of two forms. It is also the cause of livelihood for many people. Internet is a good way to know about these moneymaking games. This is followed by a machine evaluation of the hands. Nowadays the enticement of gambling is at a surge. Moreover with the arrival of online gambling, gaming has reached in every corner of the world. Its addiction can be disastrous to the concerned person as well as his entire family.

Some of the most common gambling games are poker, baccarat, blackjack, video poker, slot machines etc

Las Vegas may finally land a professional sports franchise

“It’s a lot of money, but it’s going to be fun.”

Last year, NBA Commissioner Adam Silver made this admission about gambling: “It’s good for business, I don’t want to hide from that… Money could sack the deal.

Sisolak hopes the NFL and the Raiders will budge to reduce the amount of public money needed.

“I have been looking forward to it my whole life, Vegas’ first professional sports team,” said hockey fan Tom Mullin.

NFL Commissioner Roger Goodell acknowledged as much last month, saying: “All of us have evolved a little bit on gambling… Everyone knows that Sheldon Adelson is one of the richest guys in the world,” Ralston said. “I’m skeptical, but I’m optimistic at the same time.”

“And the arena wasn’t built. “I guess we’re approaching the two-minute warning.”

“So for you, it’s a non-starter if the NFL or the Raiders were to get 100 percent of concessions, 100 percent of parking and 100 percent of naming rights?” Albert asked.

Even in Vegas, where the wagers are big and the odds even bigger, Bill Foley has made one heck of a bet.

Die-hard hockey fans like Eric Biro are among the 14,000 who paid to be on Bill Foley’s season ticket list. He said he put down $600 “because I want to have a hockey team.”

“I am the man that wants to bring hockey to the desert,” Foley said. Jon Ralston has covered politics there for 30 years. In fact, Foley said 14,000 people have put down deposits of at least $150 each.

Ken Boehlke created the site Sinbin.Vegas to track every minute development.

On the gridiron, an estimated $95 billion is wagered every year on NFL and college football games. Las Vegas has long been the gambling capital of America, but it now wants to become a big-time sports town, reports CBS News’ Mark Albert.

“If they get 100 percent of the revenue and only put in $650 million, it’s going to be difficult. The Raiders would contribute $500 million, while Adelson and his partners chip in $150 million. that it creates more engagement.”

Not one dime of public money went into construction of the $375 million facility, but lots of people have anted-up.

Foley’s website is already advertising season tickets. AEG and MGM opened the up-to-20,000-seat arena just off the Las Vegas strip in April. And 90 percent of NFL franchises also now have ad agreements with daily fantasy sites DraftKings or FanDuel.

“If this opportunity slips away and the Raiders were to find a new home, I don’t think you’re going to see another opportunity come available for a long time,” Sisolak said. I’m going to be the majority owner of the tea,” Foley said, adding that he wouldn’t confirm or deny that it would cost him $500 million. The cash would come from increasing the tax on hotel stays and would be the most public money spent on any of the past 11 NFL stadiums.

“We’ve always been a tourist city. He’s felt a “seismic shift” in how gambling is perceived nationwide and by those who lead professional sports leagues.

“The real question I think is, is Vegas still toxic?” Ralston said.

But the NHL — not the NFL — may score first. Pro hockey’s annual awards show is June 22 in Vegas. It’s been holding events showcasing entertainers and was built to host an NHL or NBA team.

“I think $750 million without some type of return is a little bit too much for the taxpayer to shoulder,” Sisolak said. I don’t think daily fantasy is (gambling).”

The Oakland Raiders’ proposal, presented in April by owner Mark Davis, bets on $750 million from the public to help build a $1.4 billion domed stadium complex on a lot near the Las Vegas strip. “And we’re really, really close.”

Casino magnet Sheldon Adelson has dealt himself in. The NHL’s Board of Governors, which must vote to approve any expansion, is now scheduled to convene there just hours before.

And it would define Bill Foley.

“I’m not a patient man, but I’ve learned patience,” Foley said. Real difficult,” Sisolak said. I’m never going to do that again. The West Point graduate now wants to drop the puck in his adopted hometown.

Ralston said this would be “very difficult.”

One of those elected officials is Steve Sisolak, who chairs the Clark County Commission, which would have to approve any NFL stadium deal.

This lifelong Green Bay Packers fan said crucial decisions must be made by an end-of-July deadline or the clock may run out.

“The public relations of it are a nightmare. But the deal would have to be struck this summer, in an election year.

Foley said he’s now out of the penalty box, with his goal finally in sight.

Sin City is betting on a makeover. We’ve never had something that we can say, ‘This is what defines Las Vegas.’ And an NHL team would define Las Vegas,” Boehlke said.

Foley’s toughest sales job to the league may be Las Vegas itself. I haven’t been spoken to by anyone as I was spoken to by him since I was a plebe at West Point.”. “For him to ask the public to pony up $750 million when he’s worth $28 billion, that’s just not going to fly — not just with the public, but with the elected officials.”

“A lot of arguments will be made. Foley’s sales pitch to fans and the NHL includes brand new T-Mobile Arena. “I have been spoken to by the commissioner at various times when I did not do exactly what he wanted to do. “Maybe I can sell some other things.”

“This is my mission. That’s pretty good, wasn’t it? I like that,” Foley said. “It’d be hard to get on.”

“You convinced people to give you money for tickets to a team that doesn’t exist?” Albert asked.

Foley is a multi-millionaire businessman who grew grew up in Ottawa, Canada, playing hockey. If you’re going to divert that much, why not use it for some of the real needs that are here — schools, roads, etc.?” Ralston said.

But it may not be gambling that stops the NFL from lacing up in Vegas

Legalize sports gambling, NBA commissioner says

He suggests a federal framework that allows states to legalize sports betting. He says new regulations would help prevent underage betting while educating those with a gambling problem about how to bet responsibly.

NBA Commissioner Adam Silver says it’s time for a new approach to betting on sports.

Sports leagues have long opposed gambling on games, claiming it creates incentives for game-fixing. It is currently only legal in Nevada; New Jersey is moving toward legalization — against the opposition of all four major pro sports leagues.

Silver says new laws would have to protect the integrity of the sports.

.

In an op-ed article for The New York Times published online on Thursday, Silver says fans should have a safe and legal way to gamble on professional games

When Exercise Becomes an Obsession

Sports and gyms are fertile grounds for the development of Anorexia Athletica or Hypergymnasia. What originates in a desire to improve performance, fitness, and self esteem turns into a form of punishment and unhealthy practices that eventually have the opposite outcome.. But, what happens when that “healthy” work out motivation and behavior takes on a darker side? Self-disciplined individuals with perfectionistic tendencies and a strong desire to compete (even with themselves) are at a high risk for developing training and exercising behavior that is excessive and dangerous. She has both personal and professional experience dealing with the issues discussed in her self help books.

“Buy this powerful resource for yourself if you’re struggling with excessive exercise and disordered eating behavior…and be your own first responder!”

Anorexia Athletica & Hypergymnasia: When Exercise Becomes an Obsession

“Buy this vital resource and arm yourself with the crucial knowledge you and your staff need to effectively recognize and intervene with your athletes or clients who are exhibiting excessive work out behavior and disordered eating!”

Anorexia Athletica & Hypergymnasia: When Exercise Becomes an Obsession can be found on Amazon.com.

This cutting edge book provides essential information and guidance on building positive, insulating cultures within the sports arena and teams, the fitness gym, and the home environment. It sets a foundation for understanding the problem, who is at-risk, the indicators that signal a problem is emerging or prevalent, and how best to intervene. For those individuals who are showing early signs, an Exercise Addiction Questionnaire and recovery suggestions are included. No Coach or Fitness Professional should be without it!

Athletes, Coaches, Fitness Professionals, Parents, and Teammates need to be aware of the signs and symptoms that indicate Anorexia Athletica or Hypergymnasia is developing in order to provide early intervention.

Book Description:

Anorexia Athletica & Hypergymnasia: When Exercise Becomes an Obsession is a comprehensive resource for Coaches, Fitness Professionals, parents, and athletes that details how to recognize, intervene, recover from, and prevent Anorexia Athletica and Hypergymnasia. It should be on every conscientious Coach, Fitness Trainer, struggling athlete, and parent’s book shelf. This book is for struggling athletes and first responders.

Author’s Bio: 

The pursuit of athletic excellence, superior physical fitness, and improved body image can take an ugly turn if the motivation veers away from health and becomes about weight loss and seeking the “ideal body shape.” The very same qualities that lead to optimal performance and fitness can also drive individuals to take drastic and unhealthy paths to get there. The earlier intervention occurs, the easier and faster the individual can recover. Not just for the purpose of gathering dust or impressing others, but, as a valuable resource to provide the tools for prevention, detection, and early intervention!

“When Work Out Dedication Turns into Unhealthy Obsession”

Dedicated athletes and committed exercisers are held up as motivational examples to follow. The hallmark of these disorders are excessive physical exercise coupled with restrictive eating patterns. That reality makes this book invaluable. Working out becomes compulsory and disordered eating patterns emerge. Motivation can shift from performance enhancement and increased physical fitness to extreme weight loss and a relentless struggle for perfection. Anorexia Athletica/Hypergymnasia gradually take control of the individual’s thinking and behavior.

Article originally published on www.disorderedeatingguardian.com.

Stephanie Eissinger is a Licensed Clinical Professional Counselor, Certified Life Coach, Certified Embody Love Movement Facilitator, and Self Help Book Author who’s dedicated her professional life to empowering individuals to overcome life’s challenges to live happier, healthier lives