Posts Tagged "ESPN"

Rise of a new empire in online betting, the daily fantasy sport

Rise of a new empire in online betting, the daily fantasy sport

The make-believe daily fantasy sport is the new gold mine bettors and online players as even real-life kings of professional sports in the teams, leagues and media empires are betting on the daily fantasy sport. Individuals are betting and putting large stakes on fantasy sports. This thus puts the season in a hyper drive with grand prizes with the country’s bans on the different online sport betting.

 

DraftKings, the site for the daily fantasy said that in this week it had received investments from Madison Square garden, Fox Sport the national leagues of hockey, soccer and baseball that amounted to a total of $300 million. Earlier this month its chief rival, FanDuel had received $275 million from NBC sports, Time Warner’s Turner Sports, Google and other investors. This shows how the fantasy sport is getting the attention of many online bettors and bookies.

 

Fantasy sport started as an online nerd distraction and now is seemingly the new and large outpouring event and has made way to being a prize dazzling industry as well as a gamblers niche to make some good money. But to some players, the business has an advantage as since the online game does not make so much money, it however makes players get hooked on the game of which when utilized could turn to being a rewarding franchise. With this they get to mold the next generation of fans and get sport junkies get hook on the game.

 

Eric Shank, the sport president said that more people get to played the fantasy games the more they bought their products and with this they get to make some money. Fantasy football has been played in America for quite a while now and over the years gotten many fans across the country. It has been part of America’s mainstream events in workplaces with fantasy rosters now even available in then ESPN. In 2005, fantasy football was played with 12 million people in North America and this has seen an upward trajectory with up to 56 million people being expected to play the game this year.

 

The previous version of the fantasy league is a bit different from the daily one as it required commitment all through the season. The daily fantasy is much easy and players can set up a fantasy tam in the morning through their computers or phones and get the result by the end of the day before the next match. The daily fantasy is much like a slot machine while the season long fantasy is being compared to a long time investment.

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Sport betting to be a game of skill as agreed by ESPN-DOJ and NFL

Sport betting to be a game of skill as agreed by ESPN-DOJ and NFL

Soon sport betting will be considered a ‘game skill’ if it is legalized in the United States. ESPN, a US sport network has revealed that the NFL and the Department of Justice, through legal documents that they are considerations to make sport betting a ‘game of skill’. The definition from both these two parties may be of importance in giving the distinction that would help determine whether sport betting will be made legal in the United States.

This document came into light when it was discovered by the biggest sports broadcaster, ESPN, as they were searching through public records. This game changing definition was outlined by the lawyers that stood in for NFL alongside Loretta Lynch who is a US Attorney General.

The earlier definition that determine the ‘Games of Skill’ is according to 2006 UIGEA law. This has been used for those who oppose sport betting on the grounds that despite the fact that some skill may be involved. When it comes to sport betting just like any betting activity the element of chance plays a greater role in determining and influencing the outcome.

Attorney General Lynch in 2013 noted that Sport betting involves some skill by the bettors but despite this Sport bettor would decide to exploit on the odds that would not reflect necessarily reflect on the outcomes of the games. This superior knowledge would effect on the mind set of those wagering and influence on the decisions they would make on the bets.

US betting advocates will be surprised by the news that ESPN have disclosed. This is because the NFL have always against sport betting being legalized. They were the first to be against sport betting being legalized in the State of New Jersey for the whole of 2014. Roger Goodell told the media in April that the NFL where still opposing the sport betting which where contrary to the words of Adam Silver who urged the senate to set up a legal framework that will allow and legalize sport betting.

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Informative betting tips to defeat those dog days

Informative betting tips to defeat those dog days

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.

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New signed bill that might boost sports betting handle in Nevada

New signed bill that might boost sports betting handle in Nevada

Two bills that were backed by the sports betting industry in Nevada could lead to growth in the $3.9 billion already being generated in wagers an annual basis in states were sports books were allowed by law signed by Gov. Brian Sandoval. The senate Bill 443 allows for the establishment of business companies to bet on race and sports. This new law permits investors to establish business ventures and share in profits and losses from wagers at Nevada sportsbooks.

In the Senat3 bill 445, Nevada sports books have been permitted to set the line to bets and oversee facilities that might be operated in other territories. These two bills were signed into law on Tuesday, 2nd June, 2015.

This is a move that holds Nevada as the core of sports betting in North America. This was picked from a statement addressed by the CG Technology counsel Quinton Singleton.

Singleton said to ESPN that sports-betting is in other territories but this puts Nevada on the map to becoming one of the highly regarded sports betting industries around the globe.

The CEO to CG technologies said that this new market will permit the company to grow their business and services. Experts estimated that the amount bettors spend on sports can grow by three times in the state over the coming 5 years which could be fuelled by sports-betting.

Components in the concept bill did not get legislative measure 2 years ago. On the other hand, they worked with the gaming regulators from the state it came to the wording that needed the entity to have all information disclosed on their sports books investors.

The state senator Greg Brower who was among the sponsors to the bill in the past 2 years said the bill components came up with assurance of support. He added that sports-betting was the next frontier for sports betting which is something similar to the games of skills in slot machines.

The bill points out that the entity has to be signed up with the Nevada Secretary of State and have a bank account in Nevada. The members to the entity needed to be 21 years of age and submit their personal identification, tax identities and Social Security Numbers.

The chairman to the Gaming control Board; A. G. Burnett in a statement said that there was not need to have new regulations towards sports betting  since it will be bookmakers who will decide on the bettor to be on their sites. The control board on the other hand has the authority to investigate and enforce powers over the bookies.

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