Category Archives: Sports Betting

The vice-president of the CPI, senator Eduardo Giro (Novo-CE), is the author of the invitation requests to the two directors.

For Giro, it is true that manipulation of results has existed for a long time. The senator argues that this type of situation must be fought vehemently by the CBF, a larger entity that has the responsibility for managing sports competitions in this modality.

According to Giro, there is no doubt that the CBF Director of Governance and Compliance has fundamental importance at this time of seeking fairness in our football.

Giro says he considers that Hlio Menezes Jnior's testimony will allow the elucidation of several aspects related to the CPI's object of investigation.

According to one of Giro's requests, in 2022 there were 139 football matches registered under suspicion of manipulation. Last year, there were 109 matches. The suspicions affect all series of the Brazilian championship (A, B, C and D).

Giro says that, as Jlio Avelar is responsible for the board whose objective is the planning, operation and organization of all competitions administered by the entity, he has a lot to contribute to the work of the commission.

Sportradar

The CPI will also hear the CBF Integrity officer, Eduardo Gussem. The commission's rapporteur, Senator Romrio (PL-RJ), is the author of the request for Gussem to be heard as a witness.

According to Romrio, the CBF has a contract signed with the monitoring company Sportradar, regularly receiving reports about suspicious matches. The senator argues that Eduardo Gussem is the person indicated to provide information about the treatment given to the reports received by the CBF, as well as about the employees involved in analyzing this data and what types of warnings are provided about possible manipulations in football matches.

The CPI for Manipulation of Games and Sports Betting was created by a request from Senator Romrio (RQS 158/2024). The commission, chaired by senator Jorge Kajuru (PSB-GO), is made up of 11 full senators and 7 substitutes, and is expected to last 180 days.

The objective of the Parliamentary Commission of Inquiry is to investigate facts related to allegations and suspicions of manipulation of results in Brazilian football, involving players, managers and betting companies.

Source: Agncia Senado

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Sports betting CPI hears from Brazilian Footbal Confederation representatives this Monday - Games Magazine Brasil - GAMES MAGAZINE BRASIL

The top-seed in the Eastern Conference, the Boston Celtics, continue their series with the 8th-seeded Miami Heat on Monday night in Miami. Check out some of the bestNBA betting promos on the market and get involved!

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The Celtics and Heat are meeting in the playoffs for the sixth time since 2010. This is the first time that the two rivals have not met in the Eastern Conference Finals since 2010. Some of the top online sportsbooks are providing extra incentive for players looking to bet on the action.

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Winners and Whiners has free NBA predictions for all of the NBA Playoffs including Monday nights matchup between the Celtics and Heat. You can find free picks for all the major action including the NHL Playoffs and all of the action in Major League Baseball. Visit the Winners and Whiners YouTube channelfor free videos from our expert handicappers on all the NBA playoff games and even more! You can also check out theexpert pickson all major sports.

Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit http://www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit http://www.1800gambler.net (WV).

Mark has been a sports fanatic since childhood. He is also an avid follower of sports analytics and has used it in his own betting analysis for over two decades. Now we have Mark on our team! He holds degrees in marketing, broadcasting, and English and uses this vast array of assets to dissect and analyze game matchups. Mark will provide you with a wide variety of statistics to consider and a strong opinion in each matchup that he covers. Please follow him daily for an up-to-the-minute analysis of all the important games.

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NBA Betting Promos For Heat vs. Celtics, Game 4 - Winners and Whiners

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First Bet Reset Up To $250 in Bonus Bets

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Betway Sportsbook Promo Code: Grab A First Bet Reset Of Up To $250 For NBA On April 29th 2024 - Bookies.com

The Bluegrass State legalized sports betting in September, which should lead to even greater betting action on the 150th running of the Kentucky Derby.

Apr 29, 2024 06:04 ET 4 min read

The 150th Kentucky Derby isnt just a milestone year for Americas longest continuously running sporting event.

Online and retail sports betting launched in September in a state thats long been known for pari-mutuel wagering, bringing even more attention to an event that has surpassed its handle record in each of the last two runnings.

Twenty horses qualify for the Kentucky Derby, which is set to run May 4 at Churchill Downs in Louisville.

The Kentucky Oaks runs the day before, and 14 Saturday events will keep pari-mutuel bettors and horse-racing enthusiasts entertained throughout the weekend.

For newcomers to horse racing or those with existing sportsbook accounts, heres a look at how much money will be wagered and where to bet The Most Exciting Two Minutes in Sports:

What kind of betting figures will this years Kentucky Derby run by three-year-old thoroughbreds on a 1 1/4-mile track generate? If recent history is any indication, itll be historical.

Counting all wagering sources, the $288.7 million bet during the 2023 Kentucky Derby Day program set a record, passing the $273.8 million from 2022.

Last years Kentucky Derby alone recorded a handle of $188.7 million, up 5.4% from the previous year. The entire Derby week brought in $412 million in bets, also a record-high and up from $391.8 million produced in 2022.

The first leg in the quest for the Triple Crown is set to surpass them all.

"The Kentucky Derby has broken its own handle record the past two consecutive years, Andrew Moore, general manager of racing at FanDuel, told Covers. Given the excitement around the 150th anniversary and the increased reach via online sportsbooks like FanDuel, we expect another record year in handle.

FanDuel has a unique partnership with Churchill Downs that allows account holders to place Kentucky Derby bets from their sportsbook.

FanDuel continues to lead the industry as the only online sportsbook to offer a single account and wallet for sports and horse racing wagering, Moore said in a statement. Coupling this exceptional race and our leading technology is a unique opportunity to introduce new fans to the sport of horse racing. We will be utilizing our platform to bring FanDuel customers a set of special offers and a one-of-a-kind experience for the Derby.

Other states where FanDuel users can place bets from the sportsbook app include Colorado, Illinois, Louisiana, Maryland, Indiana, Michigan, Ohio, New York, Pennsylvania, Virginia, West Virginia, and Wyoming.

Bettors in other states FanDuel operates in must download the FanDuel Racing app to wager on the Kentucky Derby.

FanDuel doesnt have the market cornered on horse racing.

TwinSpires.com is the official online betting partner of the Kentucky Derby and has been taking horse-racing bets long before online sportsbooks became legal in the U.S. The pari-mutuel company has a desktop and app version for watching and betting.

DraftKings launched the DK Horse app in 19 states last year. BetMGM Horse Racing is available in Ohio, Louisiana, and Florida.

Caesars Racebook is available in 21 states, including California, Florida, and Kentucky.

Newcomers to pari-mutuel racing have the opportunity to cash in on sportsbook promotions at sign-up.

FanDuel is offering a No Sweat Bet of up to $500 for first-time customers.

DK Horse has a 100% deposit match up to $250, while TwinSpires.com is giving away a $200 sign-up bonus. Caesars Racebook also offers a first-time deposit match.

The Kentucky Derby is bound to get some first-time bettors. And the options can be daunting to understand. Sure, picking horses to win at varying odds is available, but wagers can be made on place and show.

There are also a host of exotic wagers, like exacta and trifecta that involve multiple horses for big payouts.

The horse racing sites and apps come with how-to guides to help customers find the bets that fit them the best.

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Kentucky Derby Projected to Receive More Attention in 2024 - Covers

TULSA, Okla.Thirty-eight states and Washington D.C. are raking in millions of dollars this month from legalized sports betting combined with heavy action linked to March Madness, but in Oklahoma, the bill to legalize sports wagering remains stalled at the State Capitol.

Last spring, the Oklahoma House of Representatives passed a bill to legalize sports betting in Oklahoma. The bill is still alive in the State Senate, but it has yet to receive a hearing.

"We cannot act on sports betting until the state legislature legalizes it first. We cannot do this on our own like people see it across the country. It's got to be part of the compact," Cherokee Nation Chief Chuck Hoskin Jr. told FOX23.

Hoskin said the Cherokee Nation, which operates multiple casinos on its tribal lands in eastern Oklahoma including the Hard Rock Hotel and Casino in Catoosa, wants to set up and is ready to have sports wagering on its properties.

In the nearby Muscogee (Creek) Nation, who also operates multiple casinos including the River Spirit Casino in south Tulsa, work is underway to convert an old buffet area into the largest sports viewing venue and bar in the state. FOX23 was told when we asked about it earlier this year, the space could easily be converted into a sports book and sports wagering center should state lawmakers legalize sports betting in Oklahoma in the future.

The U.S. Supreme Court ruled in 2018 in a 7-2 vote that the federal government's prohibition on sports wagering except in four states was unconstitutional when the federal government stepped in to an issue reserved for the states under the 10th Amendment. Since then, 38 states and Washington D.C. have all legalized sports betting.

The most recent state to legalize sports betting is North Carolina. Sports wagering operations across the state began this month, and they were bolstered by bets being placed on the NCAA March Madness tournament.

The North Carolina Lottery Commission reported just under $200 Million was wagered in just the first week of legalized sports betting, which coincided with the start of March Madness. A chunk of the money that is won can be taxable revenue, and the state expects a few million dollars in new money for public services just from March Madness wagering alone.

Sports betting in Oklahoma has slowly been catching on at the State Capitol in Oklahoma City. In 2022, the Oklahoma House did not pass a sports wagering legalization bill. Then in 2023, it did. Now in 2024, that bill passed out of the House in 2023 is still pending in the State Senate. According to State Senator Bill Coleman's Office (R-Ponca City) it's not clear if that bill will get a committee hearing that if approved, would bring it to the floor of the State Senate for one final vote before it goes to the governor.

Both House and Senate lawmakers have openly said they want there to be fruitful and positive discussions about the future of sports betting in Oklahoma between Governor Kevin Stitt and the tribes who hold the rights to administer such a program on their lands. Right now, the Oklahoma Tribal Gaming Compact does not allow for legalized sports wagering despite allowing many other forms of gambling.

"It should come to this state, and we have exclusivity," Hoskin told FOX23 News. "The tribes are interested in this. The Cherokee Nation is interest in this. I won't say it makes or breaks our gaming operations, but if it is legalized in the state, it will be in the wheelhouse of all the tribes, and we will be, as we always are, at the top of the market."

Stitt also wants to bring sports wagering into the state. He's told FOX23 many times he sees it as an alternative way to bring in money for education and also to fund economic development packages that could lure in large companies looking to leave higher-tax states.

"As long as it is transparent and fair, I'm all for rolling that out," Stitt has told FOX23 multiple times in the last year and a half.

Last November, Stitt released a plan on how he would like to see legalized sports betting. That plan calls for lower taxes for in-person bets made in a brick and mortar casino, and it would tax at a slightly higher amount bets made on mobile apps where people can wager without ever having to step foot in a casino. Stitt said by taxing in-person bets differently than ones made in mobile apps, it would protect and slightly incentivize traditional casino operations.

However, despite releasing a plan, both sides say they cannot move on the subject until sports wagering is legalized in Oklahoma. But lawmakers insist there must be a framework in place between the governor and the tribes before they act. Those talks are somewhat complicated after years of fighting between the governor and the tribes on a variety of compacts the state has with tribes on everything from tobacco sales, tribal license plates, to even hunting and fishing.

"My colleagues saw the advantage, the economic advantage to this, the restoration of tribal-legislative relations," said State Representative Ken Luttrell (R-Ponca City) after the bill was put on hold in the middle of the 2023 legislative session.

Luttrell and Coleman, both from Ponca City, have been the primary authors of the bills attempting to legalize sports wagering in Oklahoma, and FOX23 is told if it fails this session, they will re-file a new bill next session and try again.

Currently, if an Oklahoman wants to wager on a game, they must travel to Kansas, download an app from an approved partner, and as long as their phone pings off of a Kansas tower they can place and collect their bets. The State of Kansas said money raised by Oklahomans travelling to their state to wager on sports would be re-invested into Kansas education and economic development programs.

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38 states rake in millions in sports betting while Oklahoma still waits for legalization - KOKI FOX 23 TULSA

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United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe

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Sports betting won't be legal in Georgia after lawmakers couldn't agree on how to spend taxes - goskagit.com

The NCAA is pushing states to ban prop bets involving college players.

NCAA president Charlie Baker issued a statement Wednesday asking all states that have legalized sports gambling to pass laws prohibiting the availability of individual prop bets for college athletic events. Bakers statement comes as the NBA is in the midst of an investigation into prop betting activity earlier this year.

Sports betting issues are on the rise across the country with prop bets continuing to threaten the integrity of competition and leading to student-athletes and professional athletes getting harassed, Baker said in a statement. The NCAA has been working with states to deal with these threats and many are responding by banning college prop bets.

This week we will be contacting officials across the country in states that still allow these bets and ask them to join Ohio, Vermont, Maryland and many others and remove college prop bets from all betting markets. The NCAA is drawing the line on sports betting to protect student-athletes and to protect the integrity of the game issues across the country these last several days show there is more work to be done.

With sports betting on the rise, the NCAA is acting to protect student-athletes from harassment and working to protect the integrity of the game this week shows why its so important to act. pic.twitter.com/krATwpS4hZ

NCAA News (@NCAA_PR) March 27, 2024

The NBA confirmed Monday that it was looking into betting irregularities involving prop bets for Toronto Raptors forward Jontay Porter. According to ESPN, two games are being investigated. Ahead of both of those games, unders on specific prop bets for Porter were bet heavily. He left each of those games early due to injury or illness and the unders cashed.

The NCAAs stance against prop betting comes as it navigates a world where sports betting is legal in many states. The NCAA has staunchly been against betting for decades as the NCAA tournaments betting-friendly model is a major reason why March Madness has become so popular. You dont have to be a college basketball fan to fill out a bracket and enter a bracket pool in the hope of winning prizes or money.

According to the Action Network, only four states Kansas, Louisiana, Michigan and Wyoming along with Washington D.C., have no restrictions on college prop bets. The other 18 states either limit the type of prop bets you can make (in New Jersey you cant bet props for New Jersey teams) or have banned prop bets on college games altogether.

In the states where prop bets are fully legal, you can bet on many aspects of the game. At BetMGM in Kansas, you can bet on who will score the first basket of the game in any of the eight Sweet 16 games as well as a players assist or 3-point totals. For example, Clemsons P.J. Hall is the favorite at +333 to score the first field goal in the first Sweet 16 game Thursday night against Arizona.

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NCAA set to push states with legalized sports betting to ban prop bets for all college sporting events - Yahoo Sports

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Sports betting bill will help MN veterans, charities - ECM Publishers

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Sports betting won't be legal in Georgia after lawmakers couldn't agree on how to spend taxes - Bowling Green Daily News

Georgia quarterback Carson Beck (15) looks to throw a pass during the second half of a NCAA college football game against Georgia Tech in Atlanta, on Saturday, Nov. 25, 2023.Georgia won 31-23.

Georgias sports betting hopes are still alive in the states final legislative day, but they may be dwindling by the minute.

Two pieces of legislation to legalize and regulate sports betting in the state were approved this morning by the Georgia House Committee on Higher Education, but stalled out shortly thereafter in the House Rules Committee.

The Georgia sports betting package will have to be approved today by the House and sent to the Senate for concurrence or sports betting will fail once again in the Peach State.

Members of the Georgia House Committee on Higher Education approved both SB 386, a bill to legalize online sports betting, and SR 579, a resolution legalizing sports betting through a constitutional amendment, and moved the legislation ahead to the House Committee on Rules.

However, the House Committee on Rules did not take up the bills during its 9 a.m. session. Committee Chairman Rep. Butch Parrish (R-158) did note upon adjournment that the committee may meet again later in the day, which would give the bills another chance to move ahead to the House. The legislation first needs to be approved by the Rules Committee to be sent to the House for consideration.

No time has been set for the next Rules Committee meeting.

While the sports betting package isnt dead, its chances dwindle every hour it is not heard by the House floor. To be passed, SR 579 will have to be approved by a two-thirds majority and SB 386 by a simple majority. Then the legislation will have to be sent back to the Senate for concurrence, as the bills were amended in House committee.

If everything is approved by both the House and Senate today, Georgia voters would have the final say on sports betting during the November general election. If approved by voters, sports betting would likely launch sometime in 2025.

While not impossible, time is running out as today is the final day of the states legislative session. Action is expected to be taken until midnight, but with lawmakers jockeying for position to have their bills heard the competition will be high.

Both SB 386 and SR 579 were amended in committee this morning.

Sen. Clint Dixons (R-45) bill, SB 386, saw its sports betting tax rate amended from 20% to 25%, and language cleared up to ensure that operators cannot reduce free and promotional bets from its taxable revenue. The bill seeks to legalize online sports betting for 16 license holders in the state. Licenses would cost $1 million annually to renew and applicants would have to pay a $100,000 application fee. It would allow for bets on college sports.

Sen. Bill Cowserts (R-16) SR 579, which requires Georgia voters to approve a constitutional amendment in the November general election to legalize sports betting, was also amended to set specific sports betting tax revenue disbursements in the state. The changes require that 85% of sports betting tax revenue will be earmarked for HOPE Scholarship funding, pre-kindergarten funding, educational training, and capital improvements, while the remaining 15% of revenue will be dedicated to a problem gaming fund and capped at $150 million.

Cowsert touted the resolution as including the most robust responsible gaming provisions of any sports betting legislation in the country. To put things in perspective, to reach its cap of $150 million for problem gaming, the state would have to achieve $1 billion in sports betting tax revenue.

If approved, SB 386 will legalize online sports betting for a total of 16 online sports betting licenses, with the numbers breaking down as follows:

The remaining seven licenses will be awarded by a newly formed gaming commission that will regulate sports betting in the state.

Gambling Regulatory Writer and Editor

Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.

Gambling

Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.

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All Eyes on Georgia Sports Betting During Final Legislative Day - Sports Betting Dime