Posts made in December, 2015

More tension and opposition over the German sports betting bill

More tension and opposition over the German sports betting bill

There has been intense pressure on mounting on the Hesse ministry of interior and Sports (HMDIS) for them to come up with another structure when it comes to the framework in sports betting. The regulatory body has been receiving plenty of criticisms pertaining legislation processes.

The German Green Party was the last critics when it came to the framework. There were statements claiming that HMDIS should get rid of the 20 license cap and have the licensing provisions that are based on the operators fulfilling the required quality requirements and not coming up with their policies which are set to a number of bookmarkers that have been pre-qualified by the regulator.

The Green Party came to learn that they would be supporting all their attempts to change the framework to sports betting which was developed by the HMDIS.

Their support for the reform emanated from June’s news that the European Court of Justice would carry out investigations on the legislative procedure after complaints from the European operators that HMDIA was breaching the interstate competition practices and business policies on best practises.

Media houses from Germany have delivered reports that about 80 operators had sent in quest to acquire 20 HMDIS licenses. The ones who had their application rejected complained that the regulator did not have any detailed reports on why they had rejected the applications.

The Luxembourg based ECJ court is expected to have their verdict from their finding delivered by September.

Analysts from the industry believe that the reforms to Germany will be passed. They also believe that the operators who aim at entering the market need to look forward to further delays to the implementations of the frameworks.

This tension came to be in April when the sports betting licensing came to a detour after the resignation of a sports advisory body that was tasked with helping the gaming regulators in achieving their mandate.

Read More

Plus500 upgrades sponsorship of Atlético Madrid

Plus500 upgrades sponsorship of Atlético Madrid

Atlético Madrid or “Los Colchonerous” as it’s referred by its nickname is schedule to end its partnership with sponsors Azerbaijan and adopt a new sponsor the Plus500. The top flight club based in Madrid Spain and third finishers at the previous La Liga season will adopt the new logo on their jersey come the beginning of 2015/2016 season. The prominent Spanish powerhouse is well known in producing eye goal strikers such as Fernado Torres, Radamel Falcao, Sergio Aguero and Chelsea ace Diego Costa.

The 2013/14 La Liga champions will now be marketing Plus500 services with posters pinned all around their stadium. Plus500 a trading platform that is based in Israel will be adopted by iGaming technology providers Playtech and this would provide a room for more income generation.

The deal between the two teams first sees the platforms being advertised via media and banners that would be placed in the stadium. It also includes the Plus500 logo on Atlético’s jerseys both home and away and will be featured in all leagues the team plays including EUFA Champions league. Another thing is that Plus500 will have naming rights at the stadium and will also be involved in other financial benefits such as host sponsorship.

Chief Executive Officer of Plus500 Gal Haber claimed that it was with honor and pleasure that his company is in a position of striking a deal with a big club such as Atlético Madrid, a deal that would go for at least 2 years and believed that this would go on beyond the two years. He added that Atlético Madrid would be the best club to partner with as the club is based in Europe where the companies fan base is at a high degree.

Chief Executive Officer of Atlético Madrid Miguel Angel Gil Marin commented on the deal too by saying that he was excited about striking a deal with Plus500 a company that is on the verge of growing internationally. He added that it was their hope that the deal will be a new beginning between the two as they initiate a long journey full of prospects together.

Read More

NFL holds its ground in sports betting fight

NFL holds its ground in sports betting fight

With fantasy sports betting legalization still an ongoing battle, the NFL has claimed that it is on the verge of expanding and this may entail initiation of a team based in Las Vegas. This comes after New Jersey appealed a case where NF, NBA, MLB, NCAA and NHL had moved to the court in 2012 to block a move by the state in legalizing sports betting. They opposed this since they claimed that match fixing especially on single betting would be frequent and hence tarnishing the fame of the game. According to Brian McCarthy the league spokesman, they were not backing of from blocking the move ever.

However, their move was faced by various problems as some representatives of various teams had other plans. Robert Kraft the owner of New England team joined hands with Steve Wynn Las Vegas casino developer in building a casino believed to be worth $1 billion next to Gillette Stadium in Foxborough back in 2011.

NFL had earlier banned the advert banners in the stadium as a way to deter any casino initiation move. However, it claimed that it would allow advertising money from casinos. The league claimed that this would be accompanied by several rules such that no logos or club marks are present on the advert and that players would receive divides from the income generated from these adverts.

There has been however partnership between fantasy firms DraftKings and FanDuel with 21 league teams, Steelers included. NFL commissioner Roger Goodwell described this as family reunion and said that fantasy sees people come together for fun as they enjoy football. McCarthy echoed these words by saying that generally fantasy football is a non gambling event that entails skills of the game.

Nevertheless, despite all this, NFL was on the front line in cancelling fantasy football conference that was scheduled for 10-12 July at the non-gambling Las Vegas site the Sands Expo. The expected in attendance included Cowboys quarterback Tony Romo.

The league was later involved in cautioning three Miami Dolphins players from indulging in poker events in Coconut Creek casino, Fla. This attracted criticism from events’ host Andy Slter who claimed that NFL was based on gambling.

Read More

How to Bet MLB Baseball

How to Bet MLB Baseball

If you are a baseball fan, then you need to know the right way to make a bet on the Major Leagues. First of all, you need to be in an accredited bookmarker; this way, you will be in a position to get accurate and good odds on upcoming matches.

The right sportsbook should have good spreads, moneyline, prop, parlay and over/under betting information.

As you make your bets on the Major League Baseball, you should know the three most common types of MLB lines. There is the moneyline, total and point spread types of betting. Other kinds include the parlay and the prop bets. Betting on MLB is fun since there are many games to bet on, plenty of options to wager and intriguing matchups between the batters and the pitchers.

MLB Spread Betting

This kind of bet is also known as the run line, MLB point spread betting is a popular type of line for wager in MLB leagues. In developing the odds, oddsmakers will come up with the team that will be favoured in the match, they will them allocate number of runs to be covered against the favourite. For your bet in this MLB spread betting to be considered a win, the favoured team has to cover more runs than the set number by the oddsmaker. If you wish to bet on the underdogs, then they should not lose by more than the number of runs allocated or they should be the overall winners of the game.

MLB Totals Betting

This type of betting is also known as the over/under which is also popular in Major Leagues Baseball. Wagering on the game involves placing your bet on the total number of runs that will be scored by the two teams combined.

The oddsmakers will come up with the total number of runs for any game in the Major League match and you will place your bet on whether the teams will make more of lesser runs set.

MLB Moneyline Betting

These kinds of wagers are considered to be very simple which makes them popular among baseball bettors. This is the kind of betting that would be suitable to you if you like betting on single events without subtraction or addition of points. While making this wager, all you have to do is decide who will be the winner of the game and know whether you wish the pitching to affect your wager. When it comes to the odds, lines are set on each team and favourites will be represented with low odds and the underdogs will have higher odds.

Read More

Could fantasy become reality for legalized sports betting?

Could fantasy become reality for legalized sports betting?

It has been a long debate on whether the legalization of fantasy to eventually take place in New Jersey. However, before this is full considered, the judges will have to prove beyond doubt that it would cater for the interest of the game or would concentrate on making huge profits. With the ongoing trend in terms of relation between reality and fantasy betting, there is a high possibility that New Jersey will be accorded with what it desires and this would in turn be a focal point as the whole United States will be guaranteed fantasy betting.

It is however believed that fantasy betting popularity would be low in U.S as many prefer betting on real betting. According to the 1992 federal law passed by Congress, the Professional and Amateur Sports Protection Act (PASPA), it was deemed illegal despite it being staged in selected outlets such as Las Vegas. This didn’t however ban fantasy betting as various states were given mandate to decide on whether to incorporate it or not.

Diehard gamblers, sports fan and betting firms have claimed that Daily Fantasy Sports (DFS) a new format of fantasy sport betting is less than real betting. Their reason for this is that in order to have a potential outcome with good profit in DFS, one has to go through a learning process in attempt to achieve some statistical data of the sport. This means that those who just select teams and players without second thought find themselves losing more than they can imagine. There is uncertainty among others who believe that this is gambling as one is placing cash on unsure result with a motive of winning some extra money from it.

In New Jersey, mixed reactions have been evident for a long time now. Back in 2011, populace of the state voted in for legalization of all sports betting in attempt to increase state’s revenue from its’ main gambling city; the Atlantic City. However, the process seemed to defy federal rules and the state government decided to tighten their rules in keep betting locked up. However, this didn’t stop New Jersey Governor Chris Christie, with the New Jersey Thoroughbred Horsemen’s Association, which owns Monmouth Park racetrack in Oceanside to file an appeal to the Supreme Court.

Up to now, the judges have yet to make an official statement on fantasy sports betting in New Jersey. However, many would prefer betting on real betting unlike the less informed fantasy betting. Even the president of Game Sports Networks Dan Orlow gives the state a 50/50 chance of being accorded with fantasy betting but claims that a “yes” would be much welcomed by him.

Read More

Recent Comments

    Always bet responsibly and never gamble what you cannot afford. Here at sports-bettingsites.com we support responsible gambling. If you think that problem gambling is affecting you and/or those close to you you might want to contact gamcare and if you want to gain greater gamble awareness you can visit gambleaware.co.uk for more information.