Twice weekly, 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.
* * *
New Jersey hasn’t given up on it’s fight to legalize sports betting and will file a petition to the U.S. Supreme Court.
It was a long expected move by New Jersey, which will make a last-ditch attempt to salvage its current sports betting law, which never took effect.
It has twice lost cases in the Third Circuit, the first coming in In August of 2015. A panel of three judges considered the case, and New Jersey lost 2-1.
The state then requested a rehearing in front of an “en banc” panel of active judges, a rare move for courts of this level. New Jersey lost for the second time in this court, with nine judges siding against the state, and three dissenters.
A group of New Yorkers filed a suit to the state’s Supreme Court to block the new law that legalized daily fantasy sports.
But the four plaintiffs — Jennifer White, Katherine West, Charlotte Wellins and Anne Remington — argue that fantasy sports should be considered illegal gambling because of their element of chance.
They also want the issue of legalizing fantasy sports contests decided by the public in a referendum.
“The plaintiffs seek to protect the public from predatory gambling consistent with the constitution,” said Neil Murray, an attorney who filed the suit. “They also intend to stop FanDuel, DraftKings and other internet gambling operators from exploiting the financially desperate and the addicted in New York.”
Consensus plays from the WestGate SuperContest ended a 16-game losing streak this past weekend when the Denver Broncos covered at Tampa Bay.
The odds against 16 straight sides losing (or winning, for that matter) are more than 65,000-to-1.
Following the Wild Card games, the Chicago Cubs were listed as a large favorite to win the World Series at Las Vegas sportsbooks.
Chicago is the worst-case scenario for the Wynn race and sportsbook, which, for the past two years, had offered a proposition wager on whether the Cubs would win the World Series in either 2016 or 2017. In March, the prop’s odds were “Yes” +250 and “No” -300. Bettors sided heavily with “Yes.”
Overall, three times as much money has been bet on the Cubs to win the World Series as any other team at the Wynn, including a handful of futures bets that would pay out six figures on a Chicago championship.
“The Cubs are a pretty substantial loss for us, not just for that prop but also for the [World Series] futures,” Wynn executive director Johnny Avello said. “But I’m working on it. I’ve got about three weeks to play around and see what I can do.” The Wynn is offering the Cubs at 2-1 against the playoff field, a -240 favorite. The wiser money, Avello said, has been on the field. But the betting public is overwhelmingly on the Cubs, per usual.
A Legal Sports Report article takes a look at the growth of mobile and in-play sports betting in Nevada.
Nevada sportsbooks both large and small are reporting significant growth in their mobile betting and in-play wagering sectors.
The growth of the former does not necessarily fuel the growth of the latter. In the United Kingdom, for example, both the mobile betting and in-play betting markets are far more mature than they are in the US, and both products are independently popular.
But since in-play wagering is only offered via mobile or web applications, and not in-person at physical sports books, the growth of mobile wagering almost surely doesn’t hurt the growth of in-play betting.
As the speed and thrill of live wagering attracts more customers and higher handles in the US, more and more American bettors are getting used to wagering on outcomes of a game during the game, as opposed to beforehand.
A soccer player in the Scottish Professional Football League has been charged for allegedly placing 44 bets on soccer matches.
There were reports last month part of Barton’s alleged betting activity related to Celtic’s 7-0 defeat to Barcelona in the Champions League, a match played on September 13.