College football Week 4 Q&A with Eddie Walls

Professional bettor Eddie Walls joined the Betting Talk Slack’s college football channel to discuss this weekend’s college football card. He took requests on more than 20 games and offered his thoughts on each. You can follow him on Twitter at @walls_edward. You can also sign up to join the Betting Talk Slack community using the sign-up form on our home page! 

***

305 MIDDLE TENNESSEE STATE
306 CHARLOTTE -3, 56

Walls: I bought MTSU initially and had to get off. My number is based on QB Hockman, who is now gone. I also have huge issues with this staff at MTSU which is troubling at best. You have a supposed offensive guru who is calling plays at a Wisconsin pace and you have DC Shafer who can’t figure out run defense. I don’t like Charlotte at all. They’re really young on D and have no run offense to speak of. They were exposed by Georgia State last week who never needed to throw the ball. If I had any confidence in either offense this is an easy over play but it’s clear teams can grind on Charlotte and possibly could say the same for the Raiders here, too. Also think it’s worth something when a QB quits the team. I think he knew this was not a good team.

307 WAKE FOREST
308 VIRGINIA -4, 68.5

Walls: I love Wake Forest and always will. I think they have the most underrated head coach in the nation in Dave Clawson and I also love QB Hartman and feel their D is being slept on from last year where they virtually started over. I’m a fan of both UVa coach Bronco Mendenhall and QB Armstrong. I can make a case for the over just based on UVa’s defense. It’s not good. It’s mostly a bend-don’t-break approach but it breaks often. The run defense is good but the pass D is very troubling. UVa has to gamble on defense to create stops and hope for turnovers. I made this UVa -2 and the total 69. I played Wake small but only because I have zero sample size from Wake, who I backed last week. They could have slept through the second half and did mostly. 

313 BOWLING GREEN 
314 MINNESOTA -31, 51

Walls: I don’t have anything here. I’m dead when trying to make a better number for Bowling Green. They do nothing great but they do control the ball for long periods of time and stay mostly on schedule with 4-yard passes. Their D has been interesting in that they’re just OK versus the run and took away USA’s best WR in Tolbert for a half. Minnesota doesn’t want to pass the ball and also wants to control the clock however this will be a small defense and young defense. I lean under but I’m not brave. I lean BGSU and also am scared. Neither bet I’m going to feel confident in.

317 NOTRE DAME 
318 WISCONSIN -6.5, 46.5

Walls: I’m going to start by saying that I believe Notre Dame is a fraud. Almost lost at FSU, hung on for dear life against Toledo, etc. I don’t have a number that can reflect that yet. I drop or raise gradually. I also feel Wisconsin is fairly fraudulent. Please look at the box score of Saturday’s Penn State game and look at Auburn’s ability to run the ball comparatively. I do feel Wisconsin has a top 5 defense. They play into that. It’s under or pass and I made it Wisconsin -4. I played under 47 which is still available at some books. 

319 TOLEDO -4.5, 56
320 BALL STATE

Walls: I am out to lunch on both of these teams. Toledo has a sample size of almost beating Notre Dame with explosive plays and not being able to get a yard vs Colorado State over and over. Ball state, I’ve had major concerns about a lack of run offense and regression from QB Plitt who played out of his mind last year but they leaned on a big RB who is no longer there. Toledo should roll but coach Jason Candle handles close games poorly and also I loathe Bradley at QB. I just find it asinine that they recruit so well and have such a great defense and run offense and can’t find a better QB. I’m rambling, sorry! Made this Toledo -4 and 55, but that was three weeks ago and feel I can’t go any higher or lower currently. I passed. 

333 MIAMI OHIO
334 ARMY -8.5, 48

Walls: I played under early here. This will be Army’s first test against a team with a defense. Subsequently Miami has struggled moving the ball some and while they fared well against Minnesota it was only after they trailed big. Both teams play slow and it will be a large run offense from Army versus a slow-developing pass offense from Miami. I don’t have any value on a side in Army — made it -7.5. I’d be more likely to play Miami +9 but preferred under. 

339 BOISE STATE -9, 70.5
340 UTAH STATE

Walls: I have a large position on over but that is long gone, however I’m going to state that I had no idea they were playing at 9 am PST. Why? I love QB Bonner and his ability to go long. Also like the dual QB system. I think it’s very clear we have D issues when you give up 45 points to Air Force who was trying to kill clock at times. On the flip side, who’s betting Boise State at this point? It’s clear this new head coach manages the first half well and goes into a shell in 2nd halfs against BETTER TEAMS. I don’t know if USU has a defense to allow him to do that. Boise has holes on the D. I knew they’d play faster with the OC from UC Davis but it’s clear they only play this system when they have clear advantages on offense. They have them here.

343 MISSOURI -1.5, 59
344 BOSTON COLLEGE

Ed-RAS: We laid -2 and added more at -1/-1.5. Have seen other sharps on it as well, but there’s been big market support for BC today. What are we missing?

Walls: I don’t think you’re missing anything personally. Missouri is currently a one-sided team with a great QB and explosive wide receivers. They have a dynamic offensive coordinator for a head coach. Their run D is bottom of the barrel. Boston College with Dennis Grosel at QB is going to be very run oriented and wasn’t prepared to be so. No injury thus far into the season is bigger than BC starting QB Jurkovec’s, and there’s going to be a lot of support for opposition until we can see a sample from Grosel and Flowers—who will be utilized as a runner. The BC defense is very talented but has mostly run D concern for me. I made it pick em and passed but I can make an argument for both sides. 

347 NORTH CAROLINA -12.5, 63
348 GEORGIA TECH

Walls: Easy pass for me. Georgia Tech is all ball control and doesn’t pass the ball well. They have mediocre pass D and great run D. I can make a case for playing every UNC game over but it doesn’t add up here. Made it UNC -14 and total 62. 

351 INDIANA -9, 64
352 WESTERN KENTUCKY

Walls: I have a pretty big position here. I like over. WKU has almost no interior defense after losing their stud DE to UCF and their DB’s are pretty bad. I think Indiana has holes in their secondary and I think this will be a heavy air attack from WKU who gashed Army’s stellar secondary. You’re going to get a ton of tempo spread from WKU. I don’t love Indiana QB Penix but if he can’t succeed here then call it a day, Hoosiers fans. I also think Indiana can run the ball at will here if they choose. I made it Indiana -10 and total at 67. 

363 UCLA -4.5, 58.5
364 STANFORD

Walls: I believe it’s UCLA or pass here with so many Stanford injuries. Also think we get a tad bit lucky if looking to back the Bruins that Stanford has won two in a row. I still don’t think David Shaw has a run defense and while they have looked better with a new QB this offense is still a bit of a mystery. They have to face teams who pass and are pretty basic in pass offense schemes to have great success on defense. I made this UCLA -7.5 in Week 1 and I have moved the Cardinal up some but still have this right around UCLA -6. I show no value on the total. 

365 OREGON STATE
366 USC -10.5, 62

Walls: I think USC is clearly a “Buy” team now without Helton as coach. A team is only as good as their coach and they haven’t had one for awhile now. Also notice how the offensive direction changed last week. I think Helton held a lot of cards in play calling. On the flip side I like Oregon State’s offense a lot. I don’t care who the QB is. Jonathan Smith can call a game. He has no defense and never will. You’re not getting D recruits worth anything with Oregon, Washington, Cal, etc, being your neighbors. Made this USC -14. Leaned making it higher to be honest and 64. Played over tiny. Injury reports for USC still scare me some.

367 LOUISVILLE -1.5, 63.5
368 FLORIDA STATE

Update: RAS released under on this game in today’s Steam Warning show, dropping the total to 61.5. You can view the release here.

Walls: I don’t like either teams’ defense. However, I do like FSU coach Mike Norvell and his ability to run the offense. I do feel that both defenses are pretty bad. I really wanted to play over but can’t get there. Made it 63. I don’t trust either team in close games and while we have a sample size of years with QB Cunningham it mostly shows me an inconsistent QB who struggles on the road some. On the flip side we have QB Milton for FSU who is no longer mobile and is pretty much a mediocre arm with a lack of playmaking receivers. Made this Louisville -2.5. Really nothing there for me but do lean over.

377 WEST VIRGINIA 
378 OKLAHOMA -17, 56.5

Walls: I hate WVU QB Doege—period. Guy wants to throw for 1,000 every play and just has no awareness at all. The run defense is tough but this will be the first game they play against an offense capable of passing… I think? Oklahoma is a weird team if there ever was one. They should be much better or should they? I went back to my notebook last night. Guess how many All-Big 12 players on offense Oklahoma has? That’d be one AA QB and no one else.. at Oklahoma! Their D is stellar versus the run and should be. Their pass D I’m still out on. Nebraska QB Martinez got a lot of yards there. I made it OU -17 (might have a bad number on OU) and 57. I think the total is getting to the point it’s reaching over or pass now but I’m not overly interested.

379 LSU -2.5, 57
380 MISSISSIPPI STATE 

Walls: I have a god awful number still on LSU. They have 18 returning starters and half are gone or injured. I don’t like Mississippi State and dont feel they have any advantages against top-level SEC foes. I passed because of my incredibly wrong LSU number that I just remade last night that still feels too high. The SEC is really not my thing just being honest. 

387 UTSA
388 MEMPHIS -3, 67.5

Walls: I have looked at this game more than any other. I’m upside down here. I played under aggressively at the open. Not often do I get played back but when I do I lose sleep. This is one such time. UTSA has an incredible defense and I think I overlooked QB Harris’s ability to throw this year. Also they played with some tempo vs Illinois which skewed a lot of pace stats. I think Memphis is a fraud. I don’t like coach Ryan Silverfield who is 100 percent reactionary. He will play whatever pace and scheme the other team wants with a freshman QB who doesn’t throw the ball downfield. I like UTSA here but my numbers don’t. I made it Memphis -2.5 and total 62. I bet under 65.5 here and a better number is now available. 

389 SMU
390 TCU -9.5, 65.5

Walls: Many outside of Dallas dont know this but this is a huge game for recruiting. Also you have a bit of a Holy War thing I believe. Regardless, I love SMU. They’re my darling in AAC play. With that said, I don’t like this QB who is careless with the ball and also they abandon the run in a small sample. The D is still getting bombed through the air and they have a lack of bodies in the front 7. TCU much like SMU I had a hard time finding weaknesses this summer. Maybe pass offense and lack of explosiveness. However, the D is still using a lot of future NFL guys and the RBs are NFL potential. I laid TCU -9 and it’s still available which is a little worrisome to be honest. I think SMU is a great dog but they hold no clear advantages here.

393 IOWA STATE -7, 47.5
394 BAYLOR

Walls: I’m very big on Iowa State. I had a struggle trying to find any weaknesses over the summer. I guess their lack of big plays would be it. QB Purdy struggles to go down the field. Baylor is not great in my opinion and is getting a lot of fanfare for beating up on two teams rated 110th or worse. They lack an offensive identity from what I can tell. Good D but not great, maybe soon. But this is their first test. I laid it with Iowa State. I don’t think Baylor can move it enough here personally. Also feel that the talent in coaching gives me a decent edge.

397 CLEMSON -10, 48.5
398 NC STATE

Walls: What can we say about Clemson that makes you feel good? The D looks good against a one-dimensional offense in GT, and Georgia never had to score once they were ahead and knew it. Gone are the Watsons and Lawrences. Lynn-Dixon transferring out on a Tuesday. I just don’t get any “Buy” signs here. I love NC State but they have a gambling defense and a QB who is prone to interceptions. Made this Clemson -9 and total 48. I’m pretty much trying to talk my way onto NC State but it’s nothing confident.

401 RUTGERS 
402 MICHIGAN -20.5, 49.5

Walls: I’m going to start by saying I have a bad number on Michigan and will correct it after this game I’ve decided. One thing is clear to me. They have improved. But how much? Verdict is still out. We know they can run the ball. We know their run defense and pass rush is special. They’ve yet to face a good pass offense and again won’t this week. We know Rutgers can stop the run but now missing 2 CB’s which does worry me. They don’t pass the ball well and play very ball control. I played under 52. Made it 48 and would be around 49.5 with Rutgers CB’s active. I made it -16.5 but again have not adjusted Michigan. This would be a spot where I’d be concerned with taking Rutgers to be honest. I don’t have anything I like on the offense besides Milton and how many touches does he get?

413 NEW MEXICO 
414 UTEP -1, 54

Walls: A game after my heart. I love these types. I think we have seen from UNM coach Danny Gonzales and DC Rocky Long that they want to play ball control and lean on what should be an improved D. But that got away from them vs New Mexico State, who they tried to run up a score on. UTEP coach Dana Dimel is all about running the ball and playing D at all costs. Even when he has a talented QB, which he does. Their D has improved. I missed the 3s with UNM which I find hard to believe lasted more than a moment. I did play under for something at 54.5. I think you have two coaches with similar expectations and philosophies and finally UNM will play someone with similar size on both lines of scrimmage. 

415 CALIFORNIA
416 WASHINGTON -7.5, 46.5

Walls: I must first say that I’m lost on both teams’ totals. I felt Washington would be improved some on offense and before last week there was no evidence of that. Cal should be great on defense and with Justin Wilcox as coach you expect a great defense. But they also have been mediocre on that side of the ball. The Cal offense is much improved, specifically in the pass game. I like Cal here and at +7.5 or better. I don’t find much to love about Washington. Never understood why they were ranked top 15 in preseason polls. They have zero offensive identity and lost their best pass rusher to a torn ACL in preseason. I made this line Washington -4.5 and the strength and weaknesses are pretty comparable here. Cal played TCU incredibly well and I feel that’s a good sign. Also I love Wilcox as a dog.

How pros use picks and information from others

By RAS

We have often pointed out that some of the most successful pros in the industry openly admit to following others and/or buying picks. Why do they do this and how do they utilize this information?

Let’s start by noting some of the examples described below are rare, or even exceptions to the rule. Most people who freely share or sell picks and/or information don’t win and present no value. You should be overly skeptical when considering using information and/or picks of others. Knowing who, why and how to follow someone are skills that must be developed with time and experience. With that said, always keep an open mind. People who win or provide value do very much exist. It is a pro’s job to find and identify them. With legalization spreading in the United States there are more talented up-and-comers in the space than ever before.

Long term winners who beat closing line

This is the most obvious reason to follow someone. You find someone with an established long-term record and/or someone whose plays consistently beat the closing line. You are able to follow their plays at the same line they play. The cost can range from free (if you find someone on Twitter/Slack/podcast/forum/etc.) to thousands of dollars for a season of picks from an established service and everything in between. You bet enough per play to justify any potential cost, and you are simply adding +EV volume to your portfolio.

Handicappers who provide write-ups and/or info

This requires a degree of skill, experience and expertise, but we often extract valuable info from write-ups posted by non-winning bettors. Oftentimes, it is a nugget or a perspective we hadn’t previously considered in a market that we follow closely, but that isn’t always the case. There have been several times through the years in markets big and small where the info being presented has clear value that we can leverage. More often than you might imagine, the person providing the info publicly for free is oblivious to just how valuable the info they’re sharing truly is. There are a lot of hard-working people in this industry whose efforts and information can add value to you for little to no cost.

Market Timing

Let’s say you are an active participant in a basketball market and have invested considerable time and resources into it. You start noticing that at around the same time each day a handful of lines suddenly steam a full point and even more in some cases. You come to find out that it’s some guy you never heard of posting picks on a message board or Slack or it’s a guy on Twitter with only 100 followers. It could also be a handicapping service that you had assumed was a scam.

For a pro, removing anonymity from a line move on the screen is invaluable. Instead of being surprised, wondering who it is and if it’s real, we know the exact source and timing of it. If we match up, we will bet immediately. If we are opposite, we may help that line keep moving with the intent to play opposite later at higher limits. If the plays beat the closing line, appear to be winning long term or are creating scalpable positions, we may just follow along blindly and decide what to do later. It becomes a no-brainer for us to be on that message board/Slack constantly, get alerts for that guy on Twitter and/or buy that service.


Make no mistake about it, it is hard to win. Identifying and utilizing value provided by others in the space is an important tool that can help even pros at the highest levels be more successful.


Questions? Comments? Continue the discussion in the Betting Talk Slack community. Join more than 4,400 other sports bettors discussing a full range of sports betting topics in what has become the essential sharp sports betting community.

NFL will allow betting lounges in stadiums; Kansas Senate passes sports betting bill

The NFL will allow betting lounges in stadiums, but no physical sportsbooks.

“We’re allowing betting lounges,” Halpin told ESPN on Friday. “Similar to daily fantasy lounges today, in an adult, discreet area, there will be a betting setup, but we’re not going to have betting windows.”

Under the new league policy, teams can designate official sportsbook sponsors and display signage in stadiums with some restrictions. The word “sponsor” must be included in reference to sportsbooks, and sports betting signage remains prohibited in the lower bowls of stadiums.

Previously, casino sponsorships were allowed, but references to sportsbooks were not. In January 2019, the NFL named Caesars Entertainment as the league’s first official casino sponsor, a deal that did not include sports betting. Teams have accepted casino sponsorships for years, but without sports betting.


The Kansas Senate passed a sports betting bill this week.

After months of talking about the issue, the full Senate debated sports betting for the first time. The bill passed 23-15.

Senators went back and forth for hours about the details of the bill. They talked about where revenue should go, whether horse racing or greyhound racing should be a part of the bill, and how much money should be set aside for gambling addiction.

The state would allow both betting in casinos and online, with the state getting 5.5 percent and 8 percent of revenues respectively.

Two percent of all revenues would go to the gambling and addictions grant fund.

With the bill, the state would be able to collect on bets placed on college and professional games that lawmakers believe is currently going on.

“It’s not a new outlet because I think we know that it’s happening, we hope that it’s a new safer outlet,” Lawrence Senator Marci Francisco said. “Why not have it controlled by the state, and then make sure for those people who are participating in that wagering that it’s non-offshore, that they know that their bets will be acknowledged.”


A New York man pled guilty to attempting to bribe a Division 1 college basketball player to fix a game.

Benjamin Bifalco, 25, of Staten Island, New York, pleaded guilty to attempted sports bribery Thursday morning in the Eastern District of New York.

Sentencing is scheduled for June, according to Bifalco’s attorney Vincent J. Martinelli. Under the statute, Bifalco faces up to five years of prison, however, prosecutors recommended to the judge up to six months of incarceration.

Martinelli told ESPN that Bifalco admitted to the court that he offered money to a player in return for making sure his team lost by more than the point spread. According to Martinelli, the player did not accept the offer and the attempt to compromise the game never came to fruition.

The player and school targeted have not been revealed.


Brian Urlacher’s brother, Casey Urlacher, was one of ten people charged for operating an illegal sports betting business in Illinois.

Casey Urlacher, the mayor of the Illinois village of Mettawa, is accused in U.S. District Court of conspiracy and running an illegal gambling business.

Prosecutors allege that Casey Urlacher and the others ran a ring that raked in millions of dollars. Prosecutors said the Urlacher, 40, acted as an agent for the gambling ring. He is accused of recruiting bettors in exchange for a cut of their eventual losses.

Brian Urlacher wasn’t named in the indictment.

“I don’t know nothing about it,” Casey Urlacher told the Chicago Sun-Times when asked about the charges.

 

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

Kentucky sports betting bill hits speed bumps; Astros batters could get beaned often in 2020

Eleven amendments were tacked on to Kentucky’s sports betting bill last week, complicating its future.

Rep. Adam Koenig, R-Erlanger, the main sponsor for House Bill 137, told The Courier Journal the 11 floor amendments were all filed by Republican opponents of his legislation and expanded gambling, assuming their intent was to throw a wrench into the bill’s progress.

After passing out of a House committee by an 18-0 vote on Jan. 15, HB 137 has been passed over for a vote on the House floor every day of the legislative session.

Despite 40 co-sponsors, the near-unanimous support of House Democrats and backing from Gov. Andy Beshear, the bill is having trouble gaining majority support in that chamber’s GOP caucus, which it needs in order to get a vote on the House floor.

“This is a Republican Party caucus issue,” Koenig said. “I think it’s fair to say that if a bill has the majority support of the (Republican) caucus, it probably would get heard. We’ve got some work to do to get to that point.”

The bill would allow Kentuckians to bet on sporting events at licensed facilities, limited to horse racing tracks and the Kentucky Speedway. People could also download a mobile phone application to bet on sports anywhere. The Kentucky Horse Racing Commission would be responsible for regulating sports betting.


A Las Vegas sportsbook expects Houston Astros batters to get beaned by pitches at a high rate next season.

On Monday, sportsbook William Hill set the over/under on number of Astros batters to get plunked this season at 83.5.

In the past five seasons, only nine teams have been hit by pitches more than 83.5 times, but, with the anger over the sign-stealing scandal involving Houston, there is plenty of reason to believe the Astros will be targeted frequently.

Enough opposing players and managers have expressed their displeasure with the Astros that new Houston manager Dusty Baker has publicly urged MLB to protect Astros hitters from intentionally being beaned.

“I’m depending on the league to try to put a stop to this seemingly premeditated retaliation that I’m hearing about,” Baker told reporters Saturday. “And in most instances in life, you get kind of reprimanded when you have premeditated anything. I’m just hoping that the league puts a stop to this before somebody gets hurt.”


New York lawmakers are discussing whether or not to allow mobile and online sports betting in the state.

As state lawmakers debate whether to legalize mobile sports betting in the Empire State, New Yorkers wagered $837 million on sporting events in New Jersey last year, according to an industry-funded study released Tuesday.

That is almost a fifth of the $4.6 billion that was bet in New Jersey last year on sporting events, according to state figures. And for state Sen. Joe Addabbo, a Queens Democrat, it represents millions of dollars in tax revenue that is going to New Jersey but could help bridge New York’s budget…

 

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

Mahomes’ SB kneel downs costs prop bettors; NFL plans to hire sports betting vice president

In the final minute of Super Bowl LIV, Kansas City Chiefs quarterback Patrick Mahomes lost 15 rushing yards kneeling the ball to secure a 31-20 victory. Those lost rushing yards changed fortunes for Mahomes’ rushing yards prop bettors.

Mahomes’ over/under rushing yards opened as low as 27.5 and was bet up to as high 36.5. Mahomes had 44 yards entering Kansas City’s final possession. With the Chiefs leading 31-20 and 57 seconds remaining, Mahomes kneeled on three straight plays, losing 15 yards. He finished with 29 yards rushing, a costly outcome for bettors.

“That was close to a six-figure swing [in favor of the house],” said Jeff Davis, director of trading for Caesars Sportsbook.

Out of the hundreds of proposition wagers offered by William Hill U.S. sportsbooks, more money was bet on the over on Mahomes’ rushing yards than was bet on any other market. Seventy-five percent of the bets and 68% of the money wagered on prop was on the over.

 

Patrick Mahomes has opened as the favorite to win MVP next season and the Chiefs opened as favorites to win the Super Bowl.

Mahomes, the NFL’s MVP in 2018, opened last season as the favorite at Westgate at 4-1 odds. Lamar Jackson (100-1) took home the award after an impressive season leading the Baltimore Ravens to the No. 1 seed and a 14-2 regular-season record.

“Mahomes is the best quarterback and he didn’t win last year,” Ed Salmons, vice president of risk at the SuperBook, told ESPN. “He’s gotta be the favorite.”

Jackson opens with the second-best odds this year at 6-1, followed by Russell Wilson at 10-1. Deshaun Watson (12-1), Dak Prescott (16-1) and Carson Wentz (16-1) round out the players with odds shorter than 20-1.

 

The Chiefs opened at 6-1 to win Super Bowl LV at Caesars Sportsbook, followed by the Baltimore Ravens at 7-1 and the San Francisco 49ers at 8-1.

Mahomes rallied the Chiefs past the 49ers on Sunday to win Super Bowl LIV 31-20.

The New Orleans Saints (11-1) and the New England Patriots (14-1) are among the next tier of Super Bowl LV contenders at Caesars, but both teams have veteran quarterbacks with decisions to make.


 

The NFL may be looking to hire a vice president of sports betting.

The NFL resisted any connection to gambling for decades. Now, it’s hiring a vice president that will specialize in betting.

The league’s change in philosophy on gambling has been abrupt, but necessary. Legal Sports Report said the NFL is looking for a new vice president of sports betting to “oversee the league’s betting initiatives” and cited a job description being circulated by headhunters.

The NFL couldn’t afford to act like gambling on its game doesn’t exist, especially with 20 states now having legislation allowing legal sports wagering with more states likely to add it. It’s just rather shocking, with the league’s history of being staunchly against anything remotely related to gambling.

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

Penn National Gaming to buy Barstool Sports; Kansas lawmakers push to legalize betting

Penn National Gaming will buy Barstool Sports at a valuation of $450 million.

The deal between popular sports-media publisher Barstool Sports Inc. and a casino operator is the latest sign of the seismic change under way in sports betting since the Supreme Court moved two years ago to legalize it widely.

U.S. casino operators, fantasy apps and betting brands from Europe and Australia are in a race for American customers after the U.S. Supreme Court in 2018 cleared the way for states outside Nevada to establish sports wagering.


As the Kansas City Chiefs prepare for the Super Bowl, legislators one state over in Kansas are pushing to legalize sports betting.

Advocates of legalized sports gambling in Kansas endorsed Wednesday a proposal allowing the four state-sanctioned casinos to take bets on college and professional athletic events on a casino’s premises and through internet or mobile devices.

Commercial retailers and other businesses in Kansas that have sought an opportunity to engage in sports betting operations through the Kansas Lottery weren’t included in the bill submitted to the Senate Federal and State Affairs Committee. The bill would deliver to the state government a 7.5% tax on casino wagers and 10% tax on mobile bets, but the legislation wouldn’t earmark a percentage of revenue for city or county governments.


A former contestant from “The Bachelor” was forced to forfeit a $1-million prize from winning a daily fantasy football tournament.

On NFL wild-card weekend (Jan. 4-5), Tolbert finished with the top score in DraftKings’ Millionaire Maker contest. She bested more than 105,000 entries and thought she had won the $1 million top prize. Controversy ensued, however, and DraftKings began looking into allegations that Tolbert worked with her husband, Tanner Tolbert, a known high-volume daily fantasy player, to circumvent entry limits into the contest.

On Saturday, DraftKings announced that it was updating the standings for “several contests” and began notifying impacted customers. Tolbert was no longer listed as the winner of the Millionaire Maker contest. An entry with the username spclk36, who had been in second place behind Tolbert, was now at the top of the leaderboard. Tolbert was no longer listed and as recently as Tuesday had not received the $1 million prize, according to her husband.

 

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

Chiefs are small favorites to win Super Bowl; Missouri could legalize sports betting in 2020

The Kansas City Chiefs are a small favorite over the San Francisco 49ers in Super Bowl LIV.

The consensus opening line at sportsbooks around the nation was pick ’em. The point spread had grown to Kansas City -1 late Sunday night at most shops.

According to ESPN Stats & Information’s line archive, no Super Bowl has ever closed with a point spread of pick ’em. Four Super Bowls have had a line of less than two. This year’s Super Bowl appears destined to be the fifth.

Caesars Sportsbook opened the Chiefs at -1.5 on Sunday and took early bets on the 49ers.

“We had the Chiefs a little higher than the 49ers in our power ratings,” Alan Berg, senior oddsmaker for Caesars Sportsbook, told ESPN on Sunday night. “You can make a case for either team, and I expect decent, balanced action from the public.”


Missouri could pass a bill legalizing sports betting this year.

Missouri State Rep. Wes Rogers, a democrat from Kansas City, said there’s bipartisan support for several bills that could legalize sports betting in the Show-Me-State.

“Sports gambling is pretty straightforward; you let the casinos build the books, you start taking bets, you start generating tax revenue, and then you’re bringing something to the white market which is already rampant on the black market,” Rogers said.


It doesn’t look like mobile or online betting will be legal in New York anytime soon.

Cuomo on Tuesday released his 2020-21 budget proposal that doesn’t include mobile or online sports betting. His plan would allow casinos to accept bets outside of the designated sports wagering lounge, but there wouldn’t be a mobile or online component.

The regulations approved last year by the state Gaming Commission require casinos to only take wagers within the lounge area. Cuomo’s proposal would amend the provision to allow bets to be accepted anywhere on the casino floor.

Casinos and lawmakers hope Cuomo will warm to the idea of allowing mobile sports bets. He has been reluctant to support an expansion of sports wagering due to constitutional concerns.

State Sen. Joseph Addabbo, a Queens Democrat who chairs the Senate Committee on Racing, Gaming and Wagering, told The Citizen in an interview Wednesday that New York is losing revenue to neighboring states, such as New Jersey and Pennsylvania, that offer mobile sports betting.


If California were to legalize sports betting, it could be the largest market in the country.

The market could generate $250 million to $500 million in tax revenue for the state based on whether the tax rate is 10% or 20%, Gray said.

“It is clear that we are quickly heading in the direction of a well-thought-out, legal sports betting framework here in California,” Gray said at a hearing earlier this month. “We need to create this framework to ensure regulatory oversight and provide consumer protections to get this long-standing and emerging activity out of the shadows of the illicit or black market.”

 

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

Bookmakers win big as Titans upset Ravens; Clemson is favored to win title next year

Bookmakers won big as the Tennessee Titans upset the Baltimore Ravens 28-12.

“It was our biggest football win of the season, a great result for us,” John Murray, executive director at the SuperBook at Westgate Las Vegas, told ESPN. “So many parlays to Baltimore money line and guys chasing the Ravens in-game. Under was big, too.”

The story was the same at several other sportsbooks, as the Titans’ victory knocked out many money-line parlays and teasers.

“It was a high six-figure win for us,” Alan Berg, senior oddsmaker at Caesars Entertainment, told ESPN. “A phenomenal result for the house. You name it, we made money off it: straight bets, teasers, parlays.”

 

Following the upset of the Ravens, the Kansas City Chiefs are once again favorites to win the Super Bowl this season.

The Chiefs are the favorites at 11-10 as of Monday morning at Caesars Sportsbook. The 49ers are next at 7-5, followed by the Tennessee Titans at 15-2 and Green Bay Packers at 17-2.

In mid-October, with quarterback Patrick Mahomes recovering from a knee injury, the Chiefs were second-tier Super Bowl contenders, behind the New England Patriots, New Orleans Saints, 49ers and Packers on the oddsboard at Caesars. Mahomes returned quickly and helped the Chiefs close out the regular season with six straight wins. Their last loss, however, was to the upstart Titans, their opponent in the AFC Championship Game.


LSU completed a perfect college football season by winning the national championship. Runner-up Clemson has opened as the favorite to win next year.

With quarterback Trevor Lawrence returning for his junior season and another stellar recruiting class on the way, Clemson has been installed as the consensus favorite to win next season’s College Football Playoff.

Clemson opened as the favorite at 2-1 at Caesars Sportsbook, followed by Alabama at 4-1, LSU at 9-2 and Ohio State at 7-1.

Clemson reached the playoff in each of the past five seasons, winning two national championships. Clemson lost to LSU 42-25 on Monday, though, snapping its 29-game winning streak and handing Lawrence his first collegiate loss.


Colorado saw more than 50 license applications for up to 33 total sports betting licenses it plans to distribute in the coming months.

The state has received more than 50 license applications since November, according to Dan Hartman, director of the Department of Revenue’s Gaming Enforcement Division. That includes 28 from existing casinos, 10 from operators looking to run retail sportsbooks and 13 from internet apps. The names of the applicants have not been disclosed.

The first licensees are expected to be approved in February, though they won’t be able to take bets until Colorado’s new sports gambling law goes into effect on May 1.


New Hampshire residents who are near the Maine border are reporting issues with their sports betting apps.

Users in areas close to the border have reported seeing a notification when opening the DraftKings app that it cannot verify a user’s location.

Residents in Portsmouth reported fluctuating hot spots and dead zones.

“The response I got was that it was a state-regulated issue,” said Bethany Hayes, of TJ’s Food and Spirits.

Hayes canvassed the area and said she found a spot to place bets two blocks away.

“In the summer, it’s not as big of a deal,” Hayes said. “But when it’s 15 degrees and it’s AFC Championship weekend, it’s a little inconvenient.”

 

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

California could have legal betting in 2020; Michigan may have to use official league data

California is among the states pushing to legalize sports betting in 2020.

California state lawmakers held a preliminary hearing on sports betting Wednesday, joining several other states considering legalization in 2020 in a rapid push that could soon eclipse more than half the United States by year-end.

Overseen by state senators and assembly members, the hearing will include commentary from sports betting industry experts on factors that should be considered in sports betting legislation. California state Sen. Bill Dodd and Assemblyman Adam Gray, both Democrats, plan to use their feedback to help shape a bill for eventual inclusion on the November ballot, according to Legal Sports Report.

California is one of nine states exploring legalized sports betting in 2020, according to the American Gaming Association, a lobbyist group that represents the U.S. casino industry. A total of 20 states have legalized some form of sports betting since the U.S. Supreme Court struck down a federal ban in May 2018. Michigan is the latest state to do so with legislation that passed in December

“We will likely approach a total of 30 states with some form of legal sports betting by the end of 2020,” said Chris Grove, managing director of sports and emerging verticals at Eilers & Krejcik Gaming.


Sports betting operators in Michigan may be required to use official data from pro sports leagues after lawmakers approved a requirement in the state’s sports betting bill.

Pro sports leagues had “strongly advocated” for the Michigan policy, acknowledged Rep. Brandt Iden, the chief sponsor of the sports betting bill.

“It’s obviously something that was very important to the leagues,” said Iden, R-Oshtemo Township, the House Ways and Means Committee chairman.

But most states have been reluctant to adopt “official league data” requirements, said John Holden, an assistant professor at Oklahoma State University who has studied gaming and sports integrity.

The requirements add fees to wagers and prevent other sports data companies from launching and competing with businesses aligned with the leagues, giving more of the data market to the leagues, he said.

“I think it’s bad for consumers,” Holden explained. “That cost, at some point, is going to be passed on to consumers.”


MGM will relaunch its sports betting app in Nevada under the BetMGM brand.

The move comes after MGM and GVC’s joint venture, Roar Digital, secured approval from the Nevada Gaming Control Board on Wednesday to operate mobile Nevada sports betting in the state.

MGM will continue to run its retail sportsbooks, but Roar will now take over the digital aspects of the operation as a service provider.

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.

Michigan could be next to legalize gambling; CB Josh Shaw appeals gambling suspension

Michigan could be the next state to legalize sports betting.

Legislation that would create the framework for sports betting and internet gaming in Michigan cleared the Senate Wednesday morning morning after amendments were made to the proposal the House passed this fall.

The Senate passed an array of amended gaming-related bills Wednesday with wide bipartisan support, and the House began approving the updated legislation later Wednesday afternoon.

Gov. Gretchen Whitmer needs to sign the legislation for it to become law. Whitmer spokesperson Tiffany Brown said Tuesday the governor “is pleased with the progress made on gaming over the course of this year” and said the changes made addressed many of her initial concerns.

“This is a good, bipartisan solution made possible by working together on a complex issue, and the governor looks forward to closely reviewing this package once it hits her desk,” Brown said in an email.


Arizona Cardinals defensive back Josh Shaw was suspended from the NFL through the 2020 season for gambling on league games. He has appealed his suspension.

Shaw, who is on injured reserve, has not played during his first season with the Cardinals. He placed at least one of his wagers on Nov. 10 at a Las Vegas sportsbook operated by Caesars Entertainment, multiple gaming industry sources told ESPN.

According to the sources, Shaw bet a three-team parlay on the second-half results of three Week 10 games, including the Cardinals’ game at Tampa Bay. On his parlay, Shaw bet against Arizona, backing the Buccaneers to cover the second-half spread against the Cardinals. The Buccaneers failed to cover the second-half spread and the bet, which the sources said was for a few thousand dollars, did not win.

The NFL found no evidence that Shaw used inside information to make his bet or that any game had been compromised.

Shaw, who had a player’s card with Caesars, had bet with the company previously, sources said, but not on the NFL until Nov. 10. Immediately after realizing Shaw had bet on the NFL, Caesars contacted the Nevada Gaming Control Board and subsequently the NFL, which launched an investigation.


Sports betting handle in Indiana increased 60.6 percent following the introduction of mobile sports betting.

 Mobile bets accounted for $96.2 million in handle, or 65.3% of Indiana’s total handle last month. That’s up from 52.4% in October but still a bit shy of the more than 80% share found in New Jersey or Pennsylvania.

Those states followed a similar trajectory to what is happening in Indiana. Mobile share grew steadily over the first few months of legal sports betting to reach more than four out of every five wagers today.

 

* * *

Each Friday, we’ll comb through as many articles, tweets and podcasts as we can find related to the world of sports betting and daily fantasy sports, and publish the good stuff here. 

Stumble upon something you think we should include? Email info@bettingtalk.com.