Cybergambling returns — and this time it’s legal

But new laws across the nation are rolling the rules back — and lawmakers think they’re holding a royal flush.

- Geoff Freeman, president and CEO of the American Gaming Association

Not everyone agrees with the odds. They play against the house at Virgin Casino, and they can finance their wagers with debit cards, credit cards, or in person.

Mega-entrepreneur Richard Branson’s Virgin Group is the latest entry in online gambling, teaming with the Tropicana Resort in Atlantic City and online game maker Gamesys to bring online poker, blackjack and slots to New Jersey this week. will generate – in addition to tax revenue from the proceeds at casinos – approximately 22,000 new online gambling-related jobs, Freeman testified.

What happens online, stays online

Six other firms, including popular companies like WSOP.com and Ultimate Poker and other casinos like Caesars and the Golden Nugget, participated in the “soft play” launch of online gambling in New Jersey in November, the state’s Department of Gaming Enforcement Director Dave Rebuck said during a recent conference call.

‘Last year, before a single state authorized legal online gaming, Americans spent nearly $3 billion.’

Congress banned online gambling in 2006. Chris Christie validated the vice in the waning weeks of 2013, saying he hoped to rake in $1 billion in casino revenues this year, of which the state will collect a 17 percent tax.

But analysts are mostly rolling with Christie and the casinos. — notably sports betting.

“Last year, before a single state authorized legal online gaming, Americans spent nearly $3 billion on illegal, unregulated offshore gaming sites.

Prohibition failed – again

Last month, the president and CEO of the American Gaming Association testified before Congress and urged legislators to repeal their 7-year-old ban on Internet gambling.

Players must be at least 21 years old, and either reside in New Jersey or be in the state when they place their bets. U.K. Gov. “The technology is rolling out this week.”

“There will be many games to play online in New Jersey,” Fenton told FoxNews.com. market could be worth as much as $9 billion in the coming years as other states, including California, legalize online wagering.

“In sports gambling, it’s about the bet,” DeGaris said. will catch up to the rest of the world and allow it at some point.”

And New Jersey isn’t alone; eight other states have bills in the works that will allow Internet gambling as well. Nevada and Delaware also began offering some online gambling last year, but New Jersey is the first state to “fully” legalize it, said Lee Fenton, the chief operating officer of Gamesys.

Legalizing gambling across the U.S. “That’s where I see the huge potential in online gambling, and I reckon the U.S. “If we are unable to determine that you are in New Jersey, you will be unable to play on Virgin Casino,” the site notes. “The federal government has tried the prohibition approach – specifically the Unlawful Internet Gambling Enforcement Act of 2006 and the Wire Act – and through multiple Justice Department crackdowns on offshore operators as well.”

. In online casino gambling, it’s about the game more than the bet.”

Globally, the business is even more lucrative. That doesn’t translate online,” DeGaris told FoxNews.com. If your phone is off, or if you’re too near state borders, you may not be allowed to play.

Many Americans simply ignored the ban, he noted, as the country did during Prohibition in the ’20s.

“It’ll be interesting to see how this plays out,” said Laurence DeGaris, associate professor of marketing at the University of Indianapolis and an expert in Internet culture.

Freeman said the Department of Justice has relaxed its views toward online gambling since 2011, and this could open up even more opportunities in the U.S. market research firm H2 Gambling Capital, which focuses on the gaming industry, predicted about $300 million for New Jersey’s online casinos — or about $45 million in tax revenue, according to the New York Times. “Blackjack, slots. Not just poker.”

To prevent unauthorized access, Virgin Casino physically locates gamers’ cellphones periodically. “Blackjack and poker have a very human element that’s lost online. Virgin could be holding a full house, but it could also fail before the flop.

“Those from other states can play, but they cannot wager,” Fenton said. H2 said the industry was worth $33 billion in 2013, with $4.5 billion coming from mobile gambling on iPads, iPhones and smartphones.

“Prohibition simply does not work,” Geoff Freeman told a House panel on Dec. To put that into further context, Americans accounted for nearly 10 percent of the entire $33 billion worldwide online gaming market,” Freeman said.

“Slots and roulette are very visceral games, lots of bells and whistles. 10. Others predict the overall U.S


Sports :: Basketballs | ArticleBiz.com

Then there is the question of price- it is important to remember that expensive brands may not always give value for money. Almost all basketball retailers offer the NBA prescribed size chart that you can consult before purchasing a basketball.

Basketballs have three parts, the outer shell, the inner core, and the innermost bladder. Each type of basketball has its own advantages and disadvantages.

.

Basketballs were first manufactured around 1894 by Albert G Spalding. The outer shell maybe made of leather, composite leather, synthetic leather, or rubber.

Also, the bounce of the basketball must be smooth. The bladder is generally made of butyl rubber. The third most important factor is durability- does the basketball retain it’s bounce after regular use or goes flat after a few weeks play?

Size and weight are also important factors while choosing a basketball. The smaller women’s size was officially recognized much later. The basketball as we know it came about in 1934, with the official size 7, or 30″, being decided as the standard basketball size for men.

There are other factors to be kept in mind while selecting a basketball. This is ensured by even pebbling and wide channels on the surface of the ball. Composite leather basketballs, on the other hand, are good for both indoor and outdoors play.

Leather basketballs are suitable only for indoor play. If used outdoors, they tend to crack easily. The core is made of rubber or sponge, or a mix of both. If you choose expensive basketballs with snazzy designs, they may not be able to last the rigors of outdoor play. But for playing outdoors on rough surfaces, rubber basketballs are the best. Apart from these materials, basketballs for recreational games or children’s matches are made of materials as varied as plastic and foam. Does it afford a good grip? The Wilson Evolution series, for example, have a Dura fiber cover which helps the fingers grip the ball tightly.

It is important to remember that one brand cannot fulfill all the above criteria and one has to choose from the many varieties available in the market


Nevada legalizes online gambling – CBS News

Nevada wanted to beat New Jersey, its East Coast casino rival, to the online gambling punch. Gov. The Senate passed it at midday and sent it to the governor’s desk for signature.

Gambling regulators will now come up with regulations dictating compact parameters.

The benefit for other states, he said, is Nevada’s “most mature regulatory infrastructure.”

“This is an historic day for the great state of Nevada,” Sandoval said, flanked by dozens of state lawmakers. But when those efforts failed in Congress, Sandoval said Nevada would work toward agreements with other states.

The measure makes Nevada the first state in the country to approve interstate online gaming, notes CBS Las Vegas affiliate KLAS-TV, adding that it was put on the fast track Thursday. Brian Sandoval signed legislation Thursday legalizing online gambling in Nevada, capping a dizzying day at the Legislature as lawmakers passed the bill through the Assembly and Senate as an emergency measure.

Horne couldn’t resist at jab at Nevada’s gambling rivals.

Partnering with other states gives Nevada an expanded customer market and provides other states with Nevada’s expertise in gambling regulation.

He praised legislators for their swift action and commended Assembly Majority Leader William Horne, a Democrat from Las Vegas, for shepherding the bill.

“It’s imperative for the success of this that we compact with other states because we don’t have a universe of players,” Ernaut said.

. Chris Christie previously vetoed an online wagering bill but has indicated he may sign an amended version next week.

Horne, in turn, had equal accolades for the Republican governor.

Pete Ernaut, a lobbyist representing the Nevada Resort Association, said expanding the customer base was key.

AG Burnett, chairman of the Nevada Gaming Control Board, said the state already has about 20 applications from various operators, equipment and software vendors to be licensed for online gambling.

“We have the most mature financial, auditing and collection capabilities, much greater than some of those states, and they have the players,” he said.

Several other states began looking into online gambling after the Department of Justice issued a letter in 2011 stating that the federal Wire Act of 1961, often used to crack down on gambling over the Internet, only applies to sports betting.

Sandoval and Nevada legislative leaders said it was important for Nevada to remain at the forefront of gambling regulation.

“As to our competitor, New Jersey, they should be accustomed to following Nevada,” he said.

Sandoval, a former chairman of the Nevada Gaming Commission added, “This bill is critical to our state’s economy and ensures that we will continue to be the gold standard for gaming regulation.”

Under a compromise, the fee was set at $500,000, though it gives the Nevada Gaming Commission authority to change the amount. “Today I sign into law the framework that will usher in the next frontier of gaming in Nevada.”

AB114 authorizes Nevada to enter into compacts with other states to offer Internet poker. Senate and Assembly judiciary committees approved it, sending it to the Assembly where it passed unanimously. Sandoval had pushed for companies that want to offer online gambling to pay a $500,000 fee, while Horne, in the original bill draft, proposed $1 million.

CARSON CITY, Nev. New Jersey Gov. It sailed through both the Assembly and Senate on Thursday after a joint hearing before the two judiciary committees.

The bill approved Thursday resolved a disagreement between Horne and the governor’s office over licensing fees. A renewal fee was set at $250,000.

“This was a lot of work and it couldn’t have been done without the governor’s leadership and vision,” he said.

Lawmakers in 2011 passed a bill that put Nevada in position to legalize Internet gambling if the federal government sanctioned it


NBA’s Silver: Legalize sports gambling

Related: Macau trumps Vegas with $270 minimum bets

The National Football League, Major League Baseball and the NCAA did not have a comment Friday on Silver’s position.

“Most states offer lotteries,” He wrote.

CNNMoney (New York) First published November 14, 2014: 2:46 PM ET

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Silver says it is important to protect the integrity of games, but argues that it would be easier, not tougher, with legalized gambling. It is estimated to be a $1.4 billion a year business.

Related: Sports gambling vs.

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NMLS #1136

Silver was acknowledging what has been obvious in the world of sports for decades: people like to gamble on their favorite games, and will find ways to do so, no matter what the law says.

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NBA’s Silver: Legalize sports gambling – Nov. And that means even bigger broadcast rights deals for the leagues, which is where the big money lies. 14, 2014 by Chris Isidore   @CNNMoney November 14, 2014: 2:46 PM ET

Don’t bet on him being the last.

Fantasy sports is a form of sports gambling which is allowed under current law.

The NBA announced its own partnership deal with FanDuel on Thursday that grants it an equity stake in the site. “Over half of them have legal casinos.” He quoted estimates that $400 billion is wagered on sports every year.

But beyond those kinds of sponsorship deals, the leagues are betting that the biggest side benefit that gambling will generate is greater interest in their sport. And the New England Patriots already have a deal with a rival site DraftKings.

“I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated,” he said.

In the Op-Ed, Silver called on Congress to change the law prohibiting sports gambling in most of the country since 1992.

“Gambling has increasingly become a popular and accepted form of entertainment in the United States,” Silver wrote in an Op-Ed Friday in The New York Times. the stock market

Leagues have opposed sports betting because of the possibility it could compromise their games’ integrity — a big concern ever since the thrown World Series in 1919, where Chicago players conspired with gamblers to intentionally lose the games.

More interest means even better ratings for what has increasingly become the most valuable programming on television.

But there are already some signs of a change of heart at the NFL, the same league that once banned Vegas tourism commercials from the Super Bowl lest it be seen as endorsing gambling. That’s also the main reason that despite being an attractive and growing market, no major sports team is based in Las Vegas.

On Friday, the Washington Redskins announced a marketing agreement with FanDuel, which runs daily fantasy games


How to Bet the Kentucky Derby: A Beginner’s Guide

If your horse comes in any of those positions, you’ll get money.

If you’re sure you’ve got the winner and you only want to place a simple bet for him to come in first, go ahead and bet your money that way. Here’s a quick guide:

Exacta: You pick the two horses you think will come in first and second, in that order.

Trifecta: Pick the three horses you think will come in first, second, and third – in the right order.

Superfecta: You guessed it. For a superfecta you pick the top four finishers in the right order. You’re trying to hit the sweet spot: a horse with okay odds who you think has a shot at winning.

The favorite going into this weekend is California Chrome, with 5-2 odds. Now it’s off to the races. The words “first, second, and third,” are replaced by “win, place, and show.” If you think your horse is pretty good but not going to come in first, you can bet that he will “place,” — that is, come in first or second. Horses with lower first number (10 and down) are considered top contenders.

Betting on a horse with good odds will not pay out much money if they win. Or you can bet that he will “show,” — that is, come in first, second, or third. Say, “I’ll bet $2 on (horse’s name or number) to win.”

If you’re done with the beginner stage of betting, you can up your odds of winning by doing more complicated bets that yield bigger payouts: exactas, trifectas, and superfectas. A horse that goes into the race with 50-1 odds but comes in first place will pay out the most money to the bettor. Saturday. He’s dominated all the races he’s run so far and all eyes will be on him. Therefore, betting on him won’t yield a big payout. Each horse will have a record of recent races he’s run, what place he finished, and how far ahead of the other horses he was. The Kentucky Derby is one and a quarter miles long, longer than any race these horses have run before, so the winner will need stamina.

Odds and Favorites

When you look at a race form there will be a number in parentheses after each horse’s name. What’s a superfecta anyway, and how do you bet one?. If you’re in it for the thrill of victory alone (and not the money), he’s a good bet.

Betting on Your Picks: “I’ll take $2 to win on the four horse, please.”

In horse racing, you need to bet on what place the horse will come in. Good luck racing fans!

You’ve got your mint julep and your fancy hat ready for the Kentucky Derby, but are you ready to place your bet on the horse you think will win?

Here’s our guide to making sense of the Run for the Roses. Give that a good look to see who’s done well recently.

Look for a horse that has won most of his races by a good length. If you’re not going to be in Louisville for the big day, you can head to your local racetrack or off-track betting outlet and place a bet there.

Picking a Horse

There are 20 horses in the field for the Kentucky Derby, though as of now only 19 will be running Saturday (#11 Hopportunity was “scratched.”) All the horses are 3-year-old male thoroughbreds, which means they’re young horses with lots of talent that is still developing and not a ton of experience.

Many casual bettors will pick a horse based on name or looks, but there are better ways to judge the odds for whether a horse has a shot at winning. Conversely, betting on a horse with bad odds will pay out a lot of money if they do win. Like it’s name implies, the superfecta pays out big bucks if you manage to get it right.

Like all sports, horse racing has its own language that can be confusing to casual watchers. It looks something like this: Vicar’s In Trouble (20-1).

Horses with a high first number (like 20-1 or 50-1) are considered unlikely to win the race. That number shows what the odds are that the horse will win. You can place your bet anytime up until about 20 minutes before the race goes off at 6:24 p.m


‘The Sports Gene': Author Tackles Controversial Aspect of Sports, Genes and Ethnicity Video

We could spend hours on it. Find the best fit for your unique genome. They have extremely long limbs, proportion to their body size. And go find the sport that emphasizes it. The kid who is playing the club, year-round, as opposed to someone of my vintage. IT IS “THE SPORTS est Text1 plain CC1 Test message

This transcript has been automatically generated and may not be 100% accurate.. Figure out your skill set. What did you find makes the best athlete? There’s some evidence in certain parts, gymnastics. It’s a fascinating book. That’s an evolutionary adaptation for cooling. Other sports, acquiring a range of skills through your teen years, benefits athletes later on. He has extremely short legs. Didn’t get a basketball until he was 33 years old. And a lot of people watching at home, the idea of the specialized athlete. Michael helps is 6’4″ and has the same inseam of the guy that’s 5’9″. You and i, europeans, have longer torsos.

Transcript for Author Tackles Controversial Aspect of Sports, Genes and Ethnicity

We’re going to turn to a book that all parents with kids that play sport want to know about. And one thing they have their ancestry, low latitude. And whether sommet nick groups are better suited to succeed at athletics. That’s better for swimming. Golf. From kenya, we’re used to thinking of all kenyans being great runners. When I visited. Look at a guy like steve nash. The best thing to do is to sample. What about the taboo subject that certain ethnic groups are predisposed. And they’re worse app other things. And look at the mid teen years. More there’s an evolutionary fluke that allowed people to get by, that can aplied athletically. It’s one tiny tribe that makes up 10% to 11% of the runners there. It includes whether nature or nurture makes the best athlete. Somebody who played all sports seasonally. It’s called “the sport gene.” I talked to the author, david epstein, about his headline-grabbing book


Horse Racing Betting Strategies and Tips

The point is to have fun, not to go home without money you need to pay your bills. Across The Board Bet) – Bets on the first, second, and third place finishers; each act as a separate bet.

To place a $2 Exacta Box bet on horse 2 and 5, you would say, “<Track Name>, $2 Exacta Box on Numbers 2 and 5″ (keep in mind that this is actually a $4 bet since you are boxing the bet).

Place Bet – A bet that the horse you chose will come in second (a place bet is also a winning bet if the horse you chose comes in first).

The reason why you need to start out with the <Track Name> is because you can bet on horse races at many tracks from the horse track you are currently at, so you need to specify the track to the betting clerk.

To place a $2 Win bet on horse number 7, you would say, “<Track Name>, $2 to Win on Number 7″.. For example, instead of paying $2 for an Exacta bet that requires the horses to finish in an exact first and second place order, you can pay $4 for an Exacta Box bet, and you will win the Exacta bet regardless of which of the two horses comes in first.

Exacta Bet – A bet on the exact first and second place finishers in exact order.

Win Bet – A bet that the horse you chose will win the race.

Daily Double Bet – A bet on the first place finishers in two consecutive races.

Trifecta Bet – A bet on the exact first, second, and third place finishers in exact order.

Show Bet – A bet that the horse you chose will come in third (a show bet is also a winning bet if the horse you chose comes in first or second).

The following is the correct way to place a bet with a betting clerk:

Once you have taken the time to look over the racing program and the professionals’ advice, it is time to start figuring out which bets you would like to place for the upcoming race.

Box Bet – Any of the above bets can be boxed for an additional wager. At this point, some people like to spend some time on the paddock to see the horses being walked from the stable to the track, as it adds to the horse racing experience and occasionally one might notice something about a horse that influences the way they bet, such as a horse that appears sluggish or one that seems like it is in exceptional shape.

While there are a variety of bets, the following are the most common bets, and are more than enough for beginners. Never bet more than you can afford to lose.

Win, Place, and Show Bet (a.k.a. To keep things fun and not risk too much money, most beginners make $2 bets


How to Pick and Bet on a Kentucky Derby Winner

He would bet $100 on a horse and lose.

This Blogger’s Books and Other Items from…

I came to the conclusion that by living in Kentucky, I needed to know how to bet on horses.

Dad liked the excitement of big odds and big payoffs. He and I would go to Keeneland every session and we never picked the same horse. It is a driving force for web sites like Google.

The book bases the ability to pick horses on an economic theory known as the wisdom of crowds.

The professors hate jackpots like the Pick-6.

The idea is that the marketplace will move with the crowd towards the best outcome.

Although there are people more qualified to give Derby tips, like many financial commentators, I won’t let lack of expertise stop me.

Thus the best advice may be to forget all the high powered systems and experts and give it your best guess. The last one I remember winning was Sunday Silence in 1989. That is better than any other kind of bet.

Just like the lottery, you don’t see many people winning them.

As the son of a professional gambler, people often ask me for betting advice. (My mother was a sucker for horses with funny names.) I just follow the odds.

Don McNay, CLU, ChFC, MSFS, CSSC is the founder of McNay Settlement Group in Richmond, Kentucky.

I stuck to my system. I didn’t pick Sunday Silence because of my system. Slow and steady works in the financial markets and works at the track too. .

He is the author of Son of a Son of a Gambler: Winners, Losers and What to Do When You When The Lottery. I stick to it today.

Bet on the horse to show, not to win or place.

Like in the investment world, the winner at race track is the person with a conservative style and discipline. I can tell you what horses make the biggest mess.

I found a book called Racetrack Betting: The Professors’ Guide to Strategies by Peter Asch and Richard E.

Although I started going to race tracks before I was able to walk, I don’t know much about the horse industry. I go the track a few times a year and bet small amounts.

Dad was superstitious and started to believe that my system was jinxing him.

If a horse moves from 10 to 1 to 2 to 1, it is probably a good horse to bet on.

It was written by two statistics professors and not the easiest book to read.

Bet on the horse that everyone else is betting on.

The professors said that betting to show will produce a winner 52% of the time. You can write to Don at don@donmcnay.com or read his award winning, syndicated column at www.donmcnay.com.

I picked the horse because of an alumni connection to a man I had never met. It was a stupid reason for picking a horse but produced one of my few winners.

When I go to the track, I don’t look at the racing form, jockeys, past history or pick horses with funny names. I can sum up the advice in two statements.

Betting to show is a practice that I follow religiously.

The wisdom of crowds concept is really popular now. Just like the lottery, big odds draw a lot of excitement and attention.

When your sitting back

In your rose pink Cadillac

Making bets on Kentucky Derby Day

– The Rolling Stones

My father, a professional gambler, absolutely HATED my betting system.

Most of my equine knowledge was gleamed when I worked on the clean-up crew at the Kentucky Horse Park.

I usually win enough money to pay for lunch. Quandi.

For whatever reason, my system has failed me at Kentucky Derbies. Betting to show fits with my overall philosophy about investing. He knew everything about the horse’s past performance, their breeding and who was riding them. His owner, Arthur Hancock III, had graduated from Vanderbilt and I had received a Masters Degree from Vandy the year before.

The professors frown on exactas, daily doubles or any bet that exhibits large risk.

It drove him absolutely crazy. I would bet $10 and win. If dad ever met the professors, he would have punched them in the nose


Using Reverse Line Movement To Win

Note that these records are for sides only and do not include totals.

The NFL sports betting is generally considered the toughest sport to beat, yet blindly following this method produced an exceptional 59.2 percent win rate last season, improving the two year record to 328-249-12, 56.8 percent, +59.06 units. This would make Miami +6 the RLM play.

So what causes RLM when the aim of most sportsbooks is to get as close to balanced action on both sides as possible? The answer to this is quite simple: the sharp bettors; the one’s who give sports betting advice. Last year was a good RLM season for NFL sports betting (45-29, 60.8 percent, +11.91), but two sportsbooks that were in the top five in NFL RLM in both seasons.

So what exactly is reverse line movement? RLM takes place when a large majority of bets are on one team, yet the line moves in the opposite direction. The records quoted below are based on the bets being made at the triggering books, so beating the move by a half-point or a few cents now and then would actually make your record even better.

So what we recommend is to only use the top five each season for each individual sport (in terms of units won). We tracked the top five books for each of the pointspread sports for the last two years, as as you can see, this strategy has been profitable in every sport. However, instead of the line rising as you might expect, it instead drops to Chargers -6. Another important recommendation is to use a slow moving (but reliable) sportsbook. Keep a close eye on Canbet here, as that Australian sportsbook cracked the top five both years.

Also, games where over 60 percent of the public are on one side, yet there is reverse line movement of at least 10 cents on the Money Line from the opening number at the top five sportsbooks in MLB and NHL sports betting has also been profitable.

College Basketball sports betting was not too shabby either, with a two-year mark of 492-356-22, 58.0 percent, +91.96 units. RLM takes place when more money/ sportsbook picks are bet by the small percentage of bettors that are on the unpopular side (the sharps) than is bet by the huge majority of players betting the popular side (the squares). All of this will be fun to follow (not to mention profitable) when every sport except baseball are going on simultaneously during the winter months.

http://prosportsonline.net. This is where an important word of caution is in order though. To illustrate, let us say that San Diego Chargers open at -7 over the Miami Dolohins, and over 70 percent of the sports bets placed on the game are on San Diego. Furthermore, they list the RLM records for many individual sportsbook, making it easy to spot which books this system is working at and which books it may be best to ignore.

The highest two-year winning percentage using RLM from the top five books belongs to College Football, which went 480-341-10, 58.5 percent, +95.10 units. Quite a few RLM followers watch the moves until almost game time, and then bet accordingly. Keep an eyes on the top five sportsbooks at Sports Insights though, as NCAAF sports betting has been very liquid in that regard, with only one sportsbook (believe it or not, Bodog) finishing in the top five both years.

prosportsonline.net

Article Directory: http://www.articledashboard.com

By: Manny G

NBA sports betting has the lowest two-year five-book RLM winning percentage among the 11/10 sports, but then again, every gambler in the world would kill to go 382-301-9, 55.9 percent, +48.90 units, and the 57.5 percent win rate this past season is nothing to sneeze at.

The proper way to make a sports bet using reverse line movement is to place your bet as soon as there is an RLM of one full point (or 10 cents in MLB and NHL) off of the opening line. This may enable you to get the stale more favorable sports betting line at the time the reverse line movement hits at the triggering Sportsbook. It should be noted that many fewer MLB games have qualified so far this season (is the whole world using RLM now?), but smaller profits is still profit.Again, these records are for Money Lines only and do not include totals.Finally, NHL sports betting has picked up 148.49 units in two years, and unlike MLB, NHL had four sportsbooks out of the top five gain double-digit units this past season. The huge problem with this is that the nfl line, ncaaf line or nhl line may have moved too much by that time, and all of the value has been sucked out of the unpopular side.

Now do the sharps win every single time? Absolutely not! However, they are right more often than they are wrong, so being on the same side as the sharps is a prudent strategy over the long run, and again, the best thing is that there in absolutely no conventional sports handicapping necessary..

To back this up, our friends over at Prosportsonline.net have tracked the records for games where over 60 percent of the public has been on one side, yet there was reverse line movement of at least one full point from the opening number at the top sportsbooks in NFL, NCAAF, NBA and NCAAB. Carib ruled the roost season at 93-66-9, 58.5 percent, +18.55 units after ABC held the penthouse spot in the 2007-08 season.

Thus, following reverse line movements is the same thing a following the smart money. Sure, using this approach leaves open the possibility of the line turning around and moving back against you, but as you will see in bit, betting as soon as an RLM qualifies has been profitable in every major North American sport such as the last two seasons, so if one line turns around, so be it. Keep in mind that NCAAB was the most liquid sport in terms of top-five sportbooks however, with not a single sportsbook making the top five both years


New Jersey judge strikes down sports betting

-  A federal judge ruled Friday night that New Jersey cannot partially lift a prohibition on sports betting in an effort to boost the state’s struggling horse racing and casino industries.

But as the financial crisis in Atlantic City’s casinos deepened, Gov. Voters have approved the concept, but a federal court rejected it in a slightly different form. The Legislature followed with a bill to lift the ban as it pertains to casinos and tracks. Chris Christie’s administration tried a new approach. Christie signed that into law last month.

New Jersey has been pushing persistently to allow sports betting at horse tracks and casinos in an effort to support both struggling industries. sports league to make such a stand.

“We are going to continue pursuing every legal option available,” State Senate president Steve Sweeney said in a statement Friday. The U.S. Supreme Court declined to hear the case earlier this year, and it seemed that might be the end of it.

The NCAA and four major professional sports leagues contend that federal law would allow the state to lift the ban entirely — but not to allow sports betting with some conditions, such as limiting it to certain locations and keeping minors from participating.

The decision from U.S. Silver is the first commissioner of a major U.S. “The economic impact that sports wagering can have on New Jersey is far too important to simply shrug our shoulders and move on.”

TRENTON, N.J. Instead, it was seeking to end a prohibition and that it would not regulate sports betting.

But Shipp agreed with the sports leagues that setting parameters such as limiting sports gambling to certain places amounts to regulation, but noted, that he “finds that the present case is not nearly as clear as either the leagues or the defendants assert.”

The ruling comes just over a week after NBA Commissioner Adam Silver said he supports legalizing sports gambling — though not in the way it would happen if New Jersey prevailed. Instead of legalizing sports gambling in defiance of the leagues and federal government, it called for not enforcing the state’s ban.

The state, locked in a legal battle with the NCAA and four professional sports leagues, is expected to appeal to a higher court.

A federal law bans New Jersey and most other states from authorizing betting on sports. But the state contended it did not want to license or authorize the betting. District Judge Michael Shipp was the expected outcome since the judge had ruled similarly in the past.

While Shipp agreed with the central part of the sports’ leagues argument, he dismissed some of their other arguments.