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Category Archives: Gambling
Blockchain casino: the future of online gambling or a short-term trend? – European Gaming Industry News
Posted: April 4, 2022 at 3:08 pm
Reading Time: 3 minutes
The cryptocurrency market has experienced tremendous growth in recent years. As blockchain technology advances, there are more and more options for its application and iGaming is at the top of the list.
Compared to fiat currencies, cryptocurrency turnover is still low. However, if we analyze the Google trends data for the query bitcoin casino, a steady growing interest in the topic can be seen. There are a few factors that contribute to the popularization of the iGaming trend.
The iGaming industry is always on the cutting edge of innovation. But what impact have cryptocurrencies and blockchain technologies had on the evolution of the industry, are these changes positive, and how will the industry develop in the near future?
Representatives from Slotegrator, which has been developing software for the gambling business for more than 10 years, have addressed some of these issues.
How do blockchain casinos work?Blockchain technology provides a high level of encryption. Every transaction is added to the ledger, which is an immutable block of data, and verified by a decentralized blockchain network. Transactions take place directly between crypto-wallets, prohibiting the involvement of a third party, so it minimizes the possibility of fraud and eliminates the need to pay a commission for the transfer.
While national currencies are backed by a state, cryptocurrencies are supported by a decentralized ledger that records every transaction. The ledger is distributed over a large database with a million copies. This has a few consequences: firstly, anyone who has access to the network can verify the transaction; secondly, the history of a bitcoin cannot be faked. Any attempt to falsify a single block will affect every block in the network. The transparency and security of decentralized public records are a huge selling point for many players.In crypto casinos, blockchain technology is used at the development stage, allowing automated payments using smart contracts. But opening a purely blockchain casino could restrict operators to those games that are also developed on the basis of blockchain technologies. On the other hand, more and more gambling sites are accepting payments in cryptocurrencies alongside existing fiat currencies. This gives them the opportunity to reach a wider audience.
Slotegrators Bitcoin Casino is an innovative type of gambling platform with integrated cryptocurrencies that guarantee high transaction speed and secure payments.
Why do players and operators like crypto casinos?There are plenty of reasons why operators are opening crypto casinos and why players are flocking to them.
Operators see the value in crypto casinos because cryptocurrencies are secure, transparent, and popular with their target audience. Players are drawn to crypto casinos by the security and transparency as well, but they also value the speed, anonymity, and decentralization.
Furthermore, crypto casinos often feature smart contracts, which automate payments, and provable fairness, which automatically verifies the results of a game. For many players, this definitely creates a heightened sense of trust.
Withdrawal speed is also important for players. Most payment methods involve a third party, like a bank or a payment service provider. This means that when players request a withdrawal, it can take hours or even days. Cryptocurrency withdrawals, however, occur wallet-to-wallet, and sometimes take just minutes to register.
Are there any disadvantages to crypto casinos?Crypto casinos are still a relatively new phenomenon, so as of yet, there is very little legislation in any market that explicitly applies to them.
Gambling regulations usually focus on the following areas:
Operator transparency Anti-money laundering (AML) Combating the financing of terrorism (CFT) Fraud deterrence Responsible gambling
However, due to the increased anonymity that cryptocurrencies promise (the address of the wallet is stored in the blockchain, but not the name or email address of the holder) governments could potentially see cryptocurrency gambling as an avenue for illicit funding and move to introduce more legislation in the future. For now, however, that doesnt seem likely to happen anytime soon.
Another potential downside is the volatility of the currency. The spikes and dives in the price of Bitcoin, Ethereum, and others have kept investors hearts in their throats in recent years. Fluctuations in price could add an element of unpredictability to operators balance sheets.
Overall, however, the advantages of a bitcoin casinos far outweigh any potential disadvantages.
What are the projections for the future?Considering the prevalence of cryptocurrencies, we can expect the number of new blockchain casinos to keep rising. Gambling platforms, as a rule, follow the preferences of their users in all respects: the diversity of gambling content and its providers, the quality of service, compatibility with mobile devices, the bonus system, and so on. Due to the regulation of gambling activities in different countries, payment methods are a key factor in attracting and retention of players.
The future of iGaming clearly includes the trend towards the adoption of bitcoin as a means of payment and deposit. So, the demand for blockchain casino development will be relevant in the long term.
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Nevada Hits $1 Billion In Gambling Revenue For 12th Consecutive Month – Forbes
Posted: March 31, 2022 at 2:44 am
New Normal: Nevada has hit its 12th consecutive month in more than $1 billion in gambling revenue.
Nevada recorded $1.1 billion in gaming revenue in February, marking the 12th consecutive month the state brought in more than $1 billion from its casinos.
February also set an all-time win total for the month, $1.07 billion in 2013 was the previous record, and revenues from The Las Vegas Strip hit its third-highest level in history. According to the Nevada Gaming Control Board, state gaming revenue in February was up 10% over pre-pandemic levels in February 2019.
Its a good day for Nevadathe streak continues, says Brendan Bussmann, the managing partner of B Global, a consulting firm focused on gaming, sports and hospitality. The way I look at this, with a year under our belts, the bar for a new floor has been set: a billion bucks a month. Were not bumping up against the ceiling.
After the early days of the pandemic dealt a crushing blow to Nevadas casinosannual gross gaming revenues plummeted from $12 billion in 2019 to $7.8 billion in 2020the Silver States most important industry has roared back to life. The state started its $1 billion in gaming revenue per month in March 2021, just as Covid capacity restrictions in casinos started to ease and Nevada reported a record $13.4 billion in annual gaming revenue in 2021.
Michael Lawton, a senior research analyst for the Nevada Gaming Control Board, says the entertainment and sports calendar helped bolster Februarys revenues. Vegas hosted both the NHL All-Star Game and the NFL Pro Bowl last month. The Super Bowl, the largest single-game betting event of the year, and the lack of mask mandates also helped. Musicians like Garth Brooks, Justin Bieber, Billy Joel and Metallica also helped bring in crowds.
Im not super surprised by this months results, says Lawton. Once I saw the event calendar, I wouldve been shocked if we didnt hit $1 billion.
February is usually a big month for baccarat, especially during Chinese New Year. But with international travel still below pre-pandemic levels, baccarat win percentage of total gaming revenues on The Strip only hit 10.37% in February, down from 29.2% in February 2018. Instead, slot machines continued to carry their weight. The classic casino cash cow brought in nearly 70% of the states total gambling revenues in February, which is above the 10-year average of 63.3% of state revenues coming from slots. Slot win is on this torrid pace, says Lawton.
According to the Las Vegas Convention and Visitors Authority, visitor volume to Vegas was up 70% in February compared with last year, but still down 18% compared with 2019. Hotel occupancy is also down nearly 18% from 2019 and convention attendance is down 41% from 2019.
After a year of $1 billion in monthly gaming revenues, the states casinos have bounced back from the depths of the pandemic-induced recession. Colin Mansfield, an analyst who covers gaming and leisure at Fitch Ratings, says no one is waiting for Las Vegas to recover. If youre talking about revenue, Vegas is back, says Mansfield. But when it comes to conventions, Vegas should be fully recovered by the latter half of 2022.
Read More: The Curious Case Of An $8,000 Bet On Tom Brady And The Buccaneers To Win The Next Super Bowl
Read More: Meet the Gambling Tech Company That Caught The NFLs Calvin Ridley
Thanks to inflation, a pullback from the leisure market is expected, but Mansfield says that business and international travel to Vegas is expected to pick up the slack. Gas prices are also a concern, but historically rising gas prices have not had a material impact on Vegas visitation.
Bussmann says the domestic market has recovered, but theres still room to go up once the international customer and the business traveler returns to Sin City. He says the forces that drove the recovery have run their course and he expects to see $1 billion in revenue for Nevada month after month. Were past pent-up demand, were past the stimulus checks, says Bussmann. This is all about people wanting to get away and enjoy an acceptable form of entertainment.
When asked if the $1 billion per month streak is the new normal, Lawton wouldnt say. Inflation, war, rising gas prices, a new variant, are all factors that he believes should be taken as threats to the recovery. Im not going to jinx it, he says. There are a lot of macro-economic things going on; concerning headwinds that were facing. I would love for $1 billion to be the new norm, but I'm not ready to say it. They might have been saying the same thing in 2007. What's always in the back of my mind is: when will the other shoe drop?
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Nevada Hits $1 Billion In Gambling Revenue For 12th Consecutive Month - Forbes
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How to Win Money with Ethereum Gambling: Top 10 Tips – Native News Online
Posted: at 2:44 am
DetailsIt doesn't matter how much you know about what Ethereum is. It doesn't matter if you think it's a scam or not. It doesn't even matter if you've never heard of it before! Nor does it matter whether or not you've heard of the greatest winnings at Slothunter thus far.
The point is that there are many ways to win money with Ethereum gambling, and this article will show you the top 10 tips for doing just that!
ETH gaming is the process of using Ethereum to gamble on casino games or bet on sports. ETH is a digital currency that can be used for many different purposes, including gambling. In general, Ethereum gaming is very similar to gambling with traditional currencies, such as the US dollar. However, there are a few key differences that make ETH gaming a unique experience.
One of the most popular uses for Ethereum is gambling. This is because ETH offers a number of advantages over traditional currencies.
For example, Ethereum transactions are much faster and cheaper than traditional currency transactions. This makes ETH perfect for playing, as it allows players to move money quickly and easily between games.
Additionally, the popularity of Ethereum has led to the development of a number of ETH-specific gambling sites. These sites offer a wide range of games and betting options, making them a great choice for players who want to experience the best that Ethereum gaming has to offer.
Whether youre a seasoned gambler or just starting out, there are a few tips that can help you win money with ETH gaming. Keep these in mind the next time you hit the casino or try your hand at a new game:
Before you start gambling with ETH, make sure you understand the game and the odds. Research the different types of bets and learn about Ethereums smart contract system. Your chances of winning increase as you know more and more.
Setting a budget and sticking to it is crucial. Dont chase your losses know when to walk away.
Dont let your emotions take control over you. Betting should be fun, so try to relax and enjoy yourself.
Not all ETH gaming options are created equal. Some offer better odds than others, so do your research before playing.
Dont put all your eggs in one basket. Spread your bets across different games and youll have a better chance of winning.
Like any other skill, betting takes practice. Play games for free at first to get a feel for the game and learn how to make the best bets.
Various betting strategies can help you win money. Try out a few and see what works best for you.
Keep up with the latest news and developments in the world of ETH gaming. This will help you make informed decisions about where to bet your money.
Playing should be fun! If youre not enjoying yourself, youre doing it wrong.
This one is a no-brainer. Alcohol can cloud your judgment and make it harder to win money with Ethereum gaming. Play sober and youll have a better chance of coming out ahead.
Following these tips, youre sure to have a good time and maybe even make some money! while playing with ETH. Just remember to play responsibly and always know when to walk away.
Ethereum gaming can be a great way to enjoy your time on the internet, and you can even make some money while doing it! However, there are some issues that you need to be aware of before you start playing with ETH.
These are just a few things to keep in mind before you start playing with ETH. Gambling can be a great way to have fun and even make some money, but you need to be aware of the risks involved. Gamble responsibly and always know when to walk away.
Ethereum gambling is a fascinating way to enjoy your time on the internet, and you can make some money, too. You might be wondering if its worth the risk or not. The truth of the matter is that ETH gambling has many misconceptions surrounding it, but there are plenty of ways to win with this type of cryptocurrency! Use the tips mentioned in this article to get started and you will be on your way to winning big!
DISCLAIMER: Branded Voices features paid content from our marketing partners. Articles are not created by Native News Online staff. The views and opinions expressed in the Branded Voices are those of the authors and do not necessarily reflect the official policy or position of Native News Online or its ownership. Any content provided by our bloggers or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.
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What is the Future of Online Casinos and Cryptocurrency Gambling? – Native News Online
Posted: at 2:44 am
DetailsThe internet has been around for a while now, and its changed the way we live. We can order groceries from our phones and find out about the latest news in seconds. But there are still plenty of things that havent caught up to the digital age yet, like online gambling. And with all of these new cryptocurrencies being developed, its only natural that gambling on platforms like N1 Bet Casino would definitely start to move into this new realm as well.
But what is the future of online casinos and cryptocurrency gambling? Will they continue to grow in popularity, or will they eventually disappear? In this article, well explore the future of online casinos and cryptocurrency gambling and offer our predictions on what will happen.
Online casinos and cryptocurrency gambling have become more popular in recent years. But what is it? And what is the future of these activities? In this article, we'll explore the definition of online casinos and cryptocurrency gambling and offer our predictions on what will happen.
An online casino is a website where you can gamble with real money. This can include games like slots, poker, and blackjack. You can also bet on sports games, horse races, and other events. Cryptocurrency gambling is a type of online gambling that uses digital currencies as a means of payment. This includes Bitcoin, Ethereum, Litecoin, and other cryptocurrencies.
The two main types of internet casinos are web-based and download-based. Web-based casinos allow you to play the games in your web browser. Download-based casinos require you to download and install software on your computer. Cryptocurrency gambling is mostly web-based, as it does not require any software to be installed.
Cryptocurrencies and internet casinos have been around for a while, but it was not until recently that they became popular among gamblers. So, how did this happen?
There are a few reasons for this. First, cryptocurrencies are digital currencies that use cryptography to secure their transactions and control the creation of new units. This makes them very secure and trustworthy. Second, they are not tied to any country or government, so they can be used anywhere in the world. Finally, they are not regulated by any central authority, which means that players can gamble without worrying about being scammed or cheated.
The popularity of cryptocurrency gambling is also helped by the fact that it is very convenient. Gamblers can use cryptocurrencies to gamble on internet casinos, and they can also use them to buy goods and services online. This makes it a very versatile currency that can be used for a variety of purposes.
Internet crypto casinos are becoming increasingly popular, as players can enjoy the benefits of anonymity and security when gambling online. In addition, many of these casinos accept cryptocurrencies such as Bitcoin and Ethereum, which offer a fast and convenient way to deposit and withdraw funds. Here are some of the key benefits of gaming in internet crypto casinos:
If you're looking for a safe, secure, and anonymous way to gamble online, then an internet crypto casino is the perfect option for you. These gaming platforms offer a wide range of benefits that make them an ideal choice for both new and experienced players alike. So, what are you waiting for? Start playing in an internet crypto casino today!
It seems that the future of internet gaming platforms and cryptocurrency gambling is looking bright. Cryptocurrencies have made it easier for people to gamble anonymously, and this has led to an increase in the popularity of online casinos. In addition, the use of blockchain technology has made internet gaming platforms more trustworthy, and this has encouraged more people to gamble online. We predict that the popularity of internet casinos and cryptocurrency gambling will continue to grow in the future and that more people will be using these platforms to gamble.
Crypto gaming is a relatively new concept, but it has already taken the internet by storm. This form of betting combines all of the benefits that you would find in an internet casino with some additional features built right into cryptocurrency betting sites like Bitcoin and Ethereum. The world of crypto playing may be difficult to navigate at first, but if you take your time to learn the ropes, you can find some incredible opportunities to win big.
While internet playing sites will likely always have a place in the gaming industry, we believe that cryptocurrency betting is here to stay and will only continue to grow in popularity. With more and more people looking for ways to gamble without traditional currency, crypto-playing sites offer a unique and convenient solution. If you're looking for a way to gamble online without using traditional currency, we recommend giving crypto betting a try.
DISCLAIMER: Branded Voices features paid content from our marketing partners. Articles are not created by Native News Online staff. The views and opinions expressed in the Branded Voices are those of the authors and do not necessarily reflect the official policy or position of Native News Online or its ownership. Any content provided by our bloggers or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.
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Biggest gambling cities in the world – Amico Hoops
Posted: at 2:44 am
In terms of travel trends, gambling has become a trendy pastime for tourists in recent years, no matter which country or city they decide to travel to.
From the dazzling lights of Las Vegas to celebrity poker games in Macau, the gaming industry has taken off, and the global movement of casino visitors has seen land-based casinos develop into massive tourist hotspots.
These days, land-based casinos offer more than just a boring gambling venueoften luxury resorts and glitzy entertainment centers popping up all over the city. Even online gambling is becoming more immersive and entertaining, taking the experience to a whole new level for example, the new STS online casino.
Whether youre looking for an exclusive casino experience or a place to hang out with the locals, here are the best gambling cities in the world remember to gamble responsibly.
Some gambling cities stand out for their ability to offer unique and endless gambling content that can only be found in a few places worldwide.
With that in mind, lets look at the worlds largest and most famous gambling cities.
The sunny, vibrant Bahamas is only a half-hour flight from the United States. This makes it an ideal destination for any US citizen looking to relax and sunbathe nearby. This mainly comes in the form of two fantastic tourist attractions, Paradise Island and Nassau.
But in addition to its beautiful beaches, the Bahamas has some of the biggest and best casinos in the world.
Home to no less than five world-class casinos, the Bahamas is also known as one of the top poker destinations in the world.
From 2004 to 2019, the Atlantis Paradise Island Resort in the Bahamas hosted the legendary PokerStars Caribbean Adventure, one of the largest annual televised poker tournaments.
There is no better place to gamble than the Atlantic City Boardwalk for those living in the Northeastern United States.
The Resort Casino is arguably Atlantic Citys premier casino hotel with direct access to the beach. This was the first casino in Atlantic City (1978) on the boardwalk and is now a stunning luxury hotel, in addition to 80,000 feet of casino gaming space.
Most casinos in Atlantic City are casino resorts/hotels located along the boardwalk with beach access. Other notable casino hotels include Tropicana Casino and Resort, Harrahs, Ocean Casino Resort, and Borgata Hotel Casino & Spa.
Not surprisingly, Las Vegas is considered the best and most famous gambling city globally. Synonymous with gambling and famous for countless Hollywood movies, Las Vegas is a unique metropolis built in the middle of nowhere for those who want to escape and enjoy the buzzing night scene and unlimited gambling potential.
Las Vegas is second to none as it has 15 of the top 25 casinos globally, all located on the famous Las Vegas Strip. It should be a must on every casino lovers bucket list.
Whether you like blackjack, roulette, or any other gambling game, Sin City will meet or exceed your wildest expectations.
Gambling was first invented in West Asia, so it makes sense that China has a strong gambling culture. And at the center of it all is a city called Macau.
Macau is home to Asias three largest casinos (and many others). It is becoming a serial contender for the title of World Gaming Capital, so much so that they call it the Las Vegas of Asia and the Monte Carlo of the East.
Macau has 33 casinos and contributes as much as 50% to the economy. Of these 33 casinos, six are among the top 20 casinos globally, with Venetian Macau being the second-largest casino in the world and City of Dreams Macau being the third.
Immerse yourself in authentic colonial history, with Portuguese and Chinese being the two main official languages. However, due to Hong Kongs proximity, the boat trip across the delta is just an hour, and English is fluent.
It doesnt get much better than Monaco when it comes to glamour and sophistication. A playground for the rich and famous, it is undoubtedly one of the most renowned gambling venues in the world, and for a good reason. As one of the busiest places in Europe, its reputation is based on some of the iconic casinos built there in the 19th century. The Monte Carlo Casino is a must-see, but dress to impress.
Monte Carlo Casino offers an authentic and unique gambling culture that you wont find anywhere else. It provides a unique experience with a vast selection of table, slot, and jackpot games available 24/7.
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Best Asian Gambling Movies That Will Surprise You – Film Threat
Posted: at 2:44 am
If you got stuck in the never-ending search for an ideal movie on Netflix, it is time to stop scrolling. You actually never really find something and you decide to watch your favorite show for most likely the 100th time.
Maybe it is time for you to check on some really good hidden gems when it comes to movies? Casino movies are for example a really great choice. Yet, we wont stick to the basics this time, like Casino Royale which always comes first. How about try something different? Asian cinematography for example?
In order to get into the mood for some suspenseful casino movies, you can head online and find best online casino and try your luck. If you get lucky, it is time to watch some pros playing. If you dont get lucky time to learn some lessons.
Gambling movies are a great way to get your fix of suspenseful, edge-of-your-seat action. And lets see some amazing movies from gambling genre straight from the Asian continent!
Now, we travel from Vegas to a completely different part of the world. This hidden gem tells a story about the entire family of con artist. They are not seeing things that way though -they see themselves more like some strange superheroes. It all starts when they attend a birthday party of a friend and they head to Macau. They dont know that surprises lie ahead we have undercover agents trying to get solid evidence about money laundering scheme. And of course, there is a deadly card game on the horizon. Did we mention that this movie is the pure suspense? You will love it.
From Vegas to Macau to Poker Royalty themselves. This Asian gem is released back in 2009 and it follows a story about the family in gambling business. Of course, there is a black sheep in family Jack. Jack is not into family business until he discovers all the wonders of online Texas hold-em poker. Yet, there is a downside of this he becomes great in online poker while when he tries playing in real life, things are not looking that great. Of course, his vulnerability is discovered by his rival and they decide to have a real life showdown. Who will be crowned as Poker king? Just watch and you will see.
If you love movies about gambling and chocolate this movie is a great choice. Also, there is just enough humor in this movie to lighten up the atmosphere. This movie is released back in 1989 and it is considered a classic. It tells a story about a gambler called Ko Chun. He is widely know for his godlike abilities when it comes to gambling but he is just a man in the end and he enjoys simple pleasures. Like eating a piece of chocolate while he gambles. He encounters Tanaka, another highly competitive gambler who ends up losing in game with Ko Chun. Yet, Tanaka has some different plans with his rival he asks Ko chun to help him get revenge on some people who did him wrong. Ko Chun agrees and the price is a box of chocolate. We wont tell you what comes next but it will surprise you to say the least.
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Attorney General Bonta Secures Guilty Pleas Against Pair Who Operated Livermore Gambling Scheme – California Department of Justice
Posted: at 2:44 am
SACRAMENTO California Attorney General Rob Bonta today announcedthe convictionsofEric Nguyen andKhanhTinaTran, who were charged in 2020 in connection with an alleged gambling scheme that resultedin the theft ofover $500,000from the580 Casino in Livermore, California between 2015 and 2017.
Breaking the law is never the right way to get ahead,said Attorney General Bonta.We will not tolerate criminal activity in our state. Todays announcement holds accountable Nguyen and Tran and sends a message that cheating in California will not lead to success.
The pair pleaded guilty to felonygrandtheftand, as a result of their convictions, theyweresentenced to240 daysinjail, two years ofsupervisedprobation,andordered to payrestitution in the amount of $507,600. The husband andwifeduopledguilty toaschemeto cheat at the card game Baccarat while Tran wasworking as a dealerat the 580 Casino in Livermore.As part of the scheme, Tran would peek atasequence of cards after shuffling and wouldconveythesequence to Nguyenbefore she left the table. Nguyen wouldthen begin to play at that same table and place significant wagers when he recognized the sequence of cardsrelayed by Tran. The pair were arrested on May 6, 2020 in HarrisCounty, Texas, pursuant to California felony arrest warrants.
Todays announcement is the result of an investigation conducted by special agents with the California Department of Justices Division of Law Enforcement.
Attorney General Bonta is committed to protectingthe interests of the people of California and upholding the states laws and regulations.In September 2021, Attorney General Bontaannounced formal court approval of a $3.5 million-dollar stipulated judgmentagainst Pong Game Studios Corporation for illegal gambling and associated marketing. In August 2021, Attorney General Bonta announced thesettlementof a case against Lucky Lady Card Roomin San Diego, in response to a 2016 allegation that illegal bookmaking operations were being run out of the cardroom. In November 2021, Attorney General Bontatook action against The Bicycle Hotel & Casino in Bell Gardens, following resolution of a federal investigation that the casino violated the anti-money laundering provisions of the Bank Secrecy Act.
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NCAA Tournament odds: A gambling deep dive into Coach K’s time at Duke – FOX Sports
Posted: at 2:43 am
Mike Krzyzewski affectionately known as "Coach K" has been the face of Duke basketball ever since he frustrated UNLV bettors in the 1991 NCAA Men's Final Four.
As the NCAAs all-time winningest coach completes his swan song in the 2022 NCAA Mens Basketball Tournament, FOX Sports Research decided to dive into his tenure from a betting perspective namely, how hes performed against the spread (ATS) and straight up (SU).
Over his 42 years in Durham, North Carolina, Coach K etched his name into the record books with numerous milestones:
1,202 wins, the most of any coach in NCAA history, regardless of classification
101 wins in 131 games coached in the NCAA Tournament, both the highest marks of any coach since the tournaments conception
69 wins and 15 titles in the ACC Tournament, both the most of any coach in the conferences history
1,569 games coached, the most of any coach in NCAA history
37 seasons with at least 20 wins
16 seasons with at least 30 wins
47 seasons as a head coach, third-most in NCAA history behind Jim Phelan (49) and Phog Allen (48) (minimum 10 years as D-I coach)
13 Final Four appearances, most of any coach all-time
Five NCAA Tournament titles (1991, 1992, 2001, 2010, 2015)
Our betting data goes back to the 2004-05 season and is composed of games in which lines were set. In that span, the legendary coach has been surprisingly average from a gambling perspective. Per BetLabs, Coach K is 304-288-13 against the spread (including the postseason), giving a negative return on investment. When it comes to the over/under, he has been pretty even, hitting the under in 49.6% of games he has coached. So where does the value historically lie in betting on Coach Ks Blue Devils?
Two answers: Cameron Indoor Stadium and the ACC Tournament. Since the 2004-05 season, Duke is 33-9 SU in his conference tournament, which amounted to a 4.8% return for betters. The "Cameron Crazies" have been a huge help to his teams as well, as Duke is 139-123-7 ATS at home in that span only being an underdog in six of those contests. Bettors saw a 3.1% return on investment in that period.
Now lets look at how Coach K has performed in the NCAA Tournament. When it comes to the Big Dance, the results are similar to those from regular-season. Against the spread, he is 64-65- since 1985 despite being 101-29 SU. Below is a breakdown of how he has performed gambling wise in each round:
As you can see, Coach K only breaks even ATS in the rounds following the Sweet 16. However, Dukes performance as an underdog has been exceptional in the tournament. Since 1985, the Blue Devils are 7-4 ATS as dogs with four straight-up wins in those contests. They've also covered and won twice in pick em matchups, doing so in the Elite Eight against UConn in 1990 and vs. Texas Tech in this years Sweet 16.
Here are some other betting milestones for Coach K since the tournament expanded to 64 teams in 1985:
64 covers, the most of any coach in that span
65 non-covers, also the most of any coach in that span
55 covers as a favorite, most of any coach in that span
23 covers as a double-digit favorite, most of any coach in that span
Seen in the table below, Coach K has the third-lowest cover percentage ATS in the NCAA Men's Tournament among coaches with at least 50 appearances. As you can probably tell by now, most of this data is skewed due to the number of games hes appeared in literally the most of any coach in history.
One thing of note is the flip side of the table below four of the five coaches with the highest cover percentage in the Tournament (minimum 50 games) are still active coaches in college: Jim Boeheim (60%), Rick Pitino (56.2%), Tom Izzo (55.3%), Roy Williams (52.8%) and Bill Self (52.7%).
Ultimately, betting on Coach K has led to various results over his career. No coach in the history of college basketball has achieved as many milestones, which has undoubtedly influenced his betting record.
While the Blue Devils lost as favorites to Virginia Tech in the conference championship, there were two seasons where Duke won the national title after failing to win the ACC Tournament (1991, 2015). This Blue Devils team is now just two more wins from doing so for the third time.
This March, the team is 3-1 ATS through four tournament games. The Blue Devils failed to cover as 18.5-point favorites in a 17-point win vs. Cal State Fullerton and then covered in their next three.
Coach K & Co. will square off against North Carolina on Saturday in what will be the first NCAA Tournament matchup for the Tobacco Road rivalry. Duke is currently a 4-point favorite and has the best odds to win the tournament at +150. Under Coach K they've made nine national title game appearances with wins in five. Will the legendary coach make it back to the title game again this season?
Whether you are riding with Coach K or fading him in the Final Four, head over to FOX Bet to place your wagers!
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NCAA Tournament odds: A gambling deep dive into Coach K's time at Duke - FOX Sports
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As March Madness gambling soars, NC still on the sideline – WRAL News
Posted: at 2:43 am
By Cullen Browder, WRAL anchor/reporter
Americans are expected to bet more than $3 billion on March Madness this year, according to the American Gaming Association. About 75% of those bets are coming from mobile gambling or sports books, which is an all-time high.
North Carolinians can place bets the old fashioned way at two Harrahs Cherokee casinos in the western part of the state. However, the state is still on the sideline when it comes to mobile gambling. A gambling addiction expert tells WRAL Investigates that lawmakers have a lot of things to consider before turning our phones into mobile casinos.
"Mobile sports betting is a very different kind of gambling than weve seen before," says Dr. Timothy Fong, a professor of psychiatry who specializes in gambling addiction.
Fong says its too early to tell if gaming expansion to a total of 30 states is having a negative impact.
"In the next one year, two years, three years, will that 1% rate of gambling addiction, will that go up?" Fong asked.
Fongs not opposed to mobile sports betting. He just wants states to be proactive before launching games.
"How do we protect those that are really vulnerable from the potential dangers of gambling expansion?" Fong said. "Thats the question that I think remains to be answered."
Fong says education is first step to get right before launching games.
"Gambling is an adult form of entertainment," Fong said. "Its a privilege, its not a right. If you engage in that type of entertainment privilege, should consumers have to go through some basic education and training?"
State lawmakers plan to contract with several vendors to provide sports betting in North Carolina. Fong would like to see the phone betting apps have more safeguards, like hes seen in other parts of the world.
"Im not aware of any state thats put limitations on sports betting. There s no innkeeper to say this is too much," Fong said.
Fong is a proponent of betting apps that track the users history and if it senses a huge shift in betting habits, whether its frequency or amounts of money, itll send a warning message.
Lawmakers also need to clearly define advertising parameters. Fong is concerned some advertising is aimed at younger people, including college students.
"Any ads for gambling need to have the exact same standards as we have for tobacco and alcohol," he said.
Theres a lot to consider before turning our phones into casinos 24/7, because the ingredients are there to create problems, Fong said.
"You have this perfect storm of increased availability of access to gambling combined with increased ability to gamble online via online lending," Fong said. "Its that combo I think we have to be very cautious about."
North Carolina's sports wagering bill already passed the state Senate. Its now one of 28 bills in the House Judiciary 1 committee. Sponsors are hopeful it will pass this year.
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As March Madness gambling soars, NC still on the sideline - WRAL News
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Is online gambling legal in the Baltic? – Baltic Times
Posted: at 2:43 am
Three progressive European countries are often linked together in an unofficial geographic group. The trio of states, Estonia, Latvia and Lithuania, are informally known as the Baltic States.
These three sovereign states are liberal democracies with a rapidly rising standard of living and increasing integration with the rest of Europe and this is reflected in their modern attitude to online gambling too.
Since the dissolution of the Soviet Union, their economies have grown and become more sophisticated. At the same time, the enormous rise of global online gambling has been mirrored in these three countries too.
With the rise in player demand and the growth in high-speed internet use, Baltic governments have demonstrated a progressive and positive attitude to the online gambling industry. The three countries have become known for their willingness to embrace new ideas and technology generally and their attitude to gambling is no exception.
So, its no surprise to learn that online gaming has been legalised in Estonia and Latvia since 2010 and it was legally allowed later in Lithuania, in 2016. The three governments were also quick to recognise that the booming online casinos can contribute to their economies and already pay large sums to the state coffers in taxes.
Online gambling in the Baltic
This liberalisation of restrictions means that citizens of the three Baltic countries can enjoy gaming on sites that are licensed in each state. The rules are slightly different in each country, but it also means that they can access online casinos based in other countries as long as those sites are officially sanctioned.
So, Estonians, Latvians and Lithuanians are now able to register and play on sites that are properly licensed and regulated by governments in many other countries too.
It means that online players in each of the three Baltic states are able to enjoy sites that are officially regulated to safe and secure operation. They can be reassured that they are gambling within a well-regulated environment. This means there is more and more gaming variety available to players in the three Baltic states.
Countries in the Baltic have followed in the footsteps of successful legal gambling countries across the world. Canada and New Zealand are examples of countries who have seen great success by legalising the use of online casinos and allowing their players to play casino games online opening up the gambling market to a wide range of casino providers in NZ and CA.
As the same time as the former Soviet states along the Baltic coast have been liberalising their laws, the global online gambling community has been growing fast.
Meanwhile the gambling sites licensed in each of the three Baltic states have a bright future. Each country has slightly different regulations, but all are working towards providing a modern well-regulated gambling environment.
Latvia
With five licensed land-based casinos, Latvias gaming industry is already generating hundreds of millions of euros of business annually. Latvians are spending more and more on gambling and thousands are employed in the industry.
More recently, six online casinos have also been licensed to provide remote access to gaming for Latvian citizens.
Strict regulation provides wide-ranging protections for these online Latvian gamblers. This includes online operators being banned from granting credit or loans for gambling.
Casinos must outline the dangers of gambling to their players. Support and information must be provided for problem gamblers.
Prize limits must be approved by the Latvian regulatory authority and all players must be over 18 years of age.
Meanwhile online casinos based overseas are strictly controlled through restrictions on processing financial interactions with Latvian players. This ensures that overseas operators need licenses from Latvian authorities and local players must pay local taxes on their winnings.
Estonia
Its a small largely rural country but figures suggest Estonians are very keen gamblers. A recent survey showed 80% of Estonian adults have placed a bet on a game of chance at least once.
Perhaps its no surprise then that the country legalised online gambling in 2010, and the revenues from this have helped boost the Estonian economy. Meanwhile the industry is firmly regulated by the Ministry of Finance and Customs.
Estonian-based online casinos need a local license. Offshore operators also need a license where they are based.
One of the stipulations is that all online players and sports betters must be 21 years of age. Estonians are allowed however, to play lotteries from the age of 16.
Lithuania
With more than a dozen land-based casinos, Lithuania already has a thriving conventional gambling industry. The national gaming control authority oversees the industry, which has permitted online casinos since 2016.
EU operators can be granted a Lithuanian online casino license if they already run an established gambling operation overseas. One of the rules is that gambling firms are not allowed to advertise products and services to Lithuanian players.
You are allowed to gamble at a land-based casino in Lithuania at 18 years of age but to gamble online you must be 21.
The outcome of these different detailed regulations in the three states of Estonia, Latvia and Lithuania is that the major international online casinos have been able to start operating in the Baltic. Both the home-based and overseas online industry is booming across the region.
With the growth in online gambling globally and the rapid advances in technologies like streaming and live gaming, the future of internet gambling in the Baltic looks rosy. Both industry experts and online gamers expect the online gambling industry to increase and offer more and more to the players in the Baltic States.
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