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.
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In the wee hours of Saturday morning, New York lawmakers gave final approval to the legislation that would legalize and regulate daily fantasy sports. Daily fantasy sports operations can resume in the state pending a signature from Governor Andrew Cuomo.
“With football season around the corner, you are going to make a lot of New Yorkers very happy,” Sen. John Bonacic (R-Orange County), a sponsor of the bill, said as the Senate voted 45-17 in favor the bill.
The bill, which was approved by the Assembly earlier Friday, was among the last bills approved by the Legislature before it concluded its session for the year. The measure now heads to Gov. Cuomo, who has yet to take a position on whether to sign it.
“Under review,” Cuomo spokesman Rich Azzopardi said when asked about the bill.
Despite losing in the Finals to Cleveland, the Golden State Warriors are still early favorites for the 2017 NBA title.
The Cavaliers pulled off one of the best comebacks in NBA history, rallying from a 3-1 series deficit in the NBA Finals to dethrone the Warriors with a Game 7 victory. But the Westgate SuperBook has the Golden State as the favorite, at 7-4, to win the 2017 NBA Championship. The Cavs are next at 5-2, followed by the San Antonio Spurs at 6-1 and Oklahoma City Thunder at 8-1.
The WestGate SuperBook said that the NBA Finals Game 7 on Sunday night was its most heavily-bet NBA game ever.
The @LVSuperBook said Cavs-Warriors, Game 7 was the most heavily-bet NBA game ever at its shop. Massive handle.
— David Payne Purdum (@DavidPurdum) June 20, 2016
U.S. Open winner Dustin Johnson is listed with the fourth-best odds to win the British Open in three weeks.
Golf’s “Big 3” didn’t get the job done at Oakmont, but the trio remained on top when it comes to betting favorite status for golf’s next major in three weeks. Odds for the Open Championship at Royal Troon next month are out (courtesy of Westgate Las Vegas SuperBook) and Jason Day (7/1) leads the way once again, followed closely by Jordan Spieth (8/1) and Rory McIlroy (8/1).
Despite moving up to No. 3 in the Official World Golf Ranking with his first major title, Dustin Johnson is listed fourth at 12-to-1 odds. These were the same odds Johnson began the U.S. Open with.
A Toronto Sun columnist suggests that Prime Minister Justin Trudeau’s Liberal government should change it’s tune on single-event sports betting.
They’ll be making a big mistake if they reject the bill. They will fuel illegal sports betting operations run by organized crime.
Without government regulation, gamblers will not have the responsible gambling protections afforded by legalized sports betting.
Illegal sports betting also exposes young people to similar risks.
Finally, the Liberals will be killing an economic advantage our border casinos could have over competitive American casinos.
In the process, we will lose out on hundreds of new jobs that would otherwise be created.
An article published by USPoker.com details the history of sports betting legalization in the United States.
Many gamblers would applaud an end to the law banning sports wagering in most states, because it would make it much easier to place these bets safely and legally.
Another plus would be a very high level of confidence that they are being given fair odds and if they win, they will be paid promptly. In addition, because the bets would have been made with cash rather than on credit, any worries on the part of losing gamblers about how they are going to pay the bookmaker would be eliminated. There is less likelihood of getting in over one’s head.
A VEGAS INC article says that Nevada and New Jersey have taken the lead in eSports betting, which could become a billion-dollar industry.
But for the gambling world, eSports has been the looming quiet giant while daily fantasy sports and Internet gaming have grabbed the attention. Unlike daily fantasy sports and traditional Internet gaming, eSports games are thriving without a gambling component. Now, developments in Nevada and New Jersey suggest that those states are forming the foundation for eSports gambling and cash contests to become a billion-dollar industry.