The UK Sport Minister Tracey Crouch has claimed that she has accepted with open arms the new gambling act regarding advertisement. The new incorporation claims that betting firms will not even once conduct their advertising programs via Televisions ant time before 9pm. This comes after a four stand-review of betting adverts came into conclusion after it was launched by the legislative in 2014. The announcement of incorporation of the measures was conducted by the Industry Group for Responsible Gambling.

Madam Minister accepted the move but claimed that the betting industry together with regulators should look deeper as to how they conduct their adverts on social media. This would be a guarantee in the protection of the young people.

Crouch also claimed that the initiation of the IGRG initiative would be a key factor in strengthening the industry code and should add in the Television offer that would see these adverts made only after 9 PM. She also called upon the operators, regulators as well as the social media companies to take up the role of ensuring the marketing of their products is conducted at the right matter and on the right time in order to avoid re-establishing them to the young adults.

She continued to say that she would work day and night in monitoring the actions of these betting firms and she would not stop at anything in imposing punishments on them (betting firms) go against the stipulated acts.

The IGRG review is the fourth installment as three other gambling reviews were conducted by the Gambling Commission, the Advertising Standards Authority and the Committees of Advertising Practice.

This comes after recommendation to ASA was eminent after the association claimed that gambling adverts should be put on check in attempt to safeguard young people. However, recent review by the Committees of Advertising Practice claimed that no substantial evidence was portrayed for the incorporation of rules change.

The ongoing controversy has made the UKGC reinforce its provisions in the license as well as codes of practice (LCCP) which would call for free bonuses and bets comply to the CAP/BCAP rules as well as having an open, apparent and reliable guidance.

In making betting public across Russia as well as acquiring more clients, the Russia’s Communication Ministry has put in place the 24 hour advertisement on various betting sites and bookmaking offices in the nation. This is a new bill that was tabled to the parliamentarian and is expected to go through as betting will form a basis of revenue for the Russian Government through taxation.

This new bill that is to be tabled will act as an amendment clause to the Article 27 of the Law on Advertising. This amendment will imply that betting and bookmaking office advertisement will be made throughout the day across the nation. Nevertheless, the Government will take full control of the advertisement and will in turn incorporate stern rules and terms that would avoid any bias or exaggeration of the advertised product. Hence, the products to be advertised will be put on check.

One of the main restrictions to be incorporated would involve being on the lookout especially to those adverts that would focus mostly to the under age or those who have not attained the betting age. It will also make sure that the betting agents do not put more pressure on wagers to make them see it as a way to earn a living. This means that the adverts will avoid inflating winnings which would be hazardous to some bettors.

These advertisements on gambling are scheduled to be staged via TVs, Radios, printing media, at various facilities that offer sports as well as physical fitness, online advertising and also in various buildings where an array of activities takes place. On the other hand, these adverts are banned in airports, rail station, metro stations or any other related fields.

The to be amended Article 27 of Law on Advertisement implied that these adverts would only be made via TVs and radios. On other platforms such as areas of interests like gyms, the adverts were time restricted only from 10 p.m to 7 a.m.

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.

This is a piece that will take you through some of the humble beginnings of online betting from Antigua to the current state and level of its sophistication. During these times, insane stunts from PR were taken and royal baby betting, as well as, endorsements in the industry happened often.

This online betting industry is worth in excess of $1 billion according to Statista which is a sum equal to the GDP of Netherlands.

A Journey on Online Betting

In 1994, Antigua and Barbuda approved of free Trade and Processing Zone Act which allowed offshore licences for online betting providers.

1996 saw intertops.com become the first sports book where a Finish puncture known as Jukka Honkavaara made the first wager and this was on a match between Tottenham Hotspurs and Hereford United. In this same year, The United States of America set a record in making wagers worth $60 Million on online gaming and betting platforms.

Activities and Growth of the Industry

It was in 1998 when Senator Jon Kyl brought to the floor and Internet Gaming Prohibition Act but the bill was not successful. The House of Representatives did not pass this bill in 2000 when it was presented again. It was in this same year when William Hill was launched as the first UK company offering online betting services. At this same period, a report was published by Frost & Sullivan and indicated that online gambling revenues made a top of $830 million.

As online betting was in its journey to grow; there was this doomsday prediction in 2000 where bookmarkers provided odds of 500-1 and the bet was that all real-world betting shops will comes to a close in 10 years. At this time, Europe saw another betting online store come to existence; Ladbrokes which was established by The Hilton Group. Another UK betting exchange by the name Betfair came to existence and they saw 36 bets on the first day. The company had a great time in their operations and in 2013, they registered an income of £70 million.

I would say that this evolution for online betting has come a long way and steadily. 2003 was when the first mobile betting platform was brought to action by sporting Index. This was the first UK mobile betting application. This same year reports were released by ORC International indicating that online betting had grown by 46% and offline betting from betting shops had gone up by 46%.

2004 saw the online betting fray joined by PaddyPower Sport.

2006 saw the USA ban betting after passing the UIGEA. This made it illegal for banks and companies offering credit to process any financial transaction related to betting sites. This saw a host of sites withdrawing from the market.

Graham Calvert lost £2 million at William Hill Casino in 2008 and sued them for this but he lose the lawsuit.

Technological advancements

Even though the US market was still unregulated, online sports betting wagers came to $50 billion in 2009.

2010 saw more celebrity endorsements after Ray Winstone “Sexy Beast” became the voice of bet365 advert campaign as he offered advice on live and in play odds.

From Statista betting it was found that the online sports betting market was worth $74 billion. This was in 2012. In 2013, Jason Neubauer launched YouBetMe and this was the first special networking betting application and it made it possible for members to bet against each other and not bookmarkers. This was the same year were match fixing madness came to play. Europol suspected the fixing o 380 European football matches and the illegal betting market that was fuelled by Asian crime syndicates which was estimated to be worth £306 billion.

2014 was when bitcoin came to play as a means of exchange and BetVIP was the first licensed bitcoin only sports book and launched just before the World Cup. SoftSwiss which was the Bitcoin Software company claimed that $10 million was the worth of wagers made each month.

2015 was when 11.1 million searches were made every month on Google for the term bet365 which was more than the 9 million searches Nike gets. At this point in time, online betting brings a contribution of $74 to $100 billion in the sports betting industry which is worth between $700 and $1,000 billion which is the same case with the GDP of Netherlands.

Match fixing is a worldwide threat to sports and nothing regarding the competition will be in a position to work unless the officials, players and fans are sure of the results. Groups in the industry are coming up with a new system that is designed to assist in alerting in case of any suspicious betting activities that would arise in a match.

The World Lottery Association and European Lotteries launched the Global Lottery Monitoring System (GLMS). Sportradar is powering the system and will make it possible for groups making use of it to make communications and issue alerts on any suspicious matches. The President to European Lotteries said that the EL and WLA have their commitment towards upholding honest betting and integrity around the globe.

This detection of suspicious betting has been a tool which will be used in bringing match fixing to an end before it starts or have betting stopped before a match starts. The system will make void if there is unusual volumes of betting coming in or if betting is proving to go against what the bookie might be expecting.

A recent report by the European Sports Security Association (ESSA) reveals that tennis seems to be the sport that is often associated with betting activities that are suspicious. The ESSA has for a while been monitoring betting activities and submitting alerts; over the first three months of 2015 they made 27 tennis match alerts and 17 of these were said to be suspicious after investigations were carried out. The tennis alerts were more than half of the alerts generated by the organization. Most of the remaining alerts were from soccer; others were from snooker, table tennis and snooker and they had at least one suspicious betting pattern in the quarter.

Comments from the WLA president said that this new GLMS will assist the gaming industry in corporation with the world’s sports magazine. Through this system, the organization will be in a position to work with IOC and FIFA in making sure that all information on irregular betting is addressed.

BA and NHL are each a couple of games into their finals in the championship series. This means that you as a bettor are in several games in the dog days of summer when the sportsbooks are giving rivals the Guantanamo Bay menu.

Baseball always serves as the main course until when the football kicks off but this will seem like eating the same kind of food for 3 months. If you need to spice up your plate and have a change of the menu, I am here to advice you on how to do it. There are games out there that you could bet on even though they are not so attractive and you might not be watching them in your regular television cable.

Anyone who is great at betting will tell you that betting value is in these outlining events and this is because they do not offer wall to wall coverage like major sports events would do.

In this post, we will give you some interesting betting tips that will take you through the summer period.

Betting on WNBA

The WNBA just started on its 19the season. You might have a negative perspective on the league but this is one league you should be betting on.

One thing you should is hitting the overnight numbers. You will notice that the WNBA lines usually move during the game-day, the earlier you bet the better the value your spreads and totals will be.

When betting on the WNBA, do not put too much value on the players, this league does not have many players who might have major impact on the game when injured.

Smart bets on CFL

The Canadian Football League will start late June and will offer some exciting action each week.

For the CFL, you need to read a lot from their local newspaper websites so as to get extra information you hardly get from ESPN and other sports channels.

This is a highly competitive game and has major football players on the teams. This means you should put much emphasis on the injuries. The starters on the offense and defence are of significance.

Golf betting

For most bettors who wager on golf will rely on the major leagues like the PGA and Masters. What they do not know is that these big leagues prove to be hard to bet on. This is because there are many people betting on the game and the oddsmakers will have some tight odds on these games.

As a smart golf bettor, you should have your eye on the course, as well as, the current form. This is because a course can fit the golfer’s game and have their eye well which makes it possible for te player to have great score all year round.

You should have a good combination of players favoured by the course, as well as, the underdogs with good value.