Tag: Gambling

Adam Morrison: And somebody asked him …

Adam Morrison: And somebody asked him like ‘hey do you want to play cards with us?’ He was like sure but then we were like, alright, you can’t bring like $50,000 and just bet everybody off every hand. We’re gonna cap it like $1,000 bet max. So him and Gerald Wallace were in a hand… There was like a straight draw flush draw on the flop and you can tell Mike was drawn to something. Gerald bet $300 into him and Mike literally goes ‘$300? I’d watch two monkeys f— for $300.’ Everybody was laughing… He was always cool.

BetMGM releases odds on Georgia football’s key games for 2020

Betting odds released for several of Georgia football’s key games.

Whether for not we will even have a 2020 college football season is a mystery right now, but everyone is keeping their fingers crossed that our favorite sport will return, with fans in the seats, this September.

Despite the uncertainty surrounding the 2020 season, online gambling sites are continuing to releasing odds on future college football games.

If college football is a go this year, BetMGM is where you can turn to find the lines for some of college football’s key 2020 matchups.

BetMGM released lines for six Georgia games, which we have listed below.

Start strategizing now.

Odds via BetMGM. Access USA TODAY Sports’ betting odds for a full list. Lines last updated Monday at 4:20 p.m. ET. 

Next … September 7 vs Virginia

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In-Stadium sportsbooks are coming to an NFL venue near you

I am old enough to remember when the NFL didn’t want anything to do with gambling. In fact, the league was at the forefront of the argument to keep PASPA – the law that only allowed legalized sports gambling in specific states – in place. The league …

I am old enough to remember when the NFL didn’t want anything to do with gambling. In fact, the league was at the forefront of the argument to keep PASPA — the law that only allowed legalized sports gambling in specific states — in place. The league and its partner leagues failed at keeping PASPA in place and now it seems like the NFL is all-in on gambling. It’s no wonder since sports-related gambling is the newest frontier for the league to make a ton of money and reach its $25 billion revenue goal. Well, the NFL did a complete 180 when it comes to gambling now as the new CBA allows for sportsbooks to be located in NFL stadiums. Talk about changing their tune.

This is commonplace in Europe. There are in-person sportsbook locations that are easily accessible just like getting some concessions. There are betting kiosks for the people who don’t want to interact with a human. There is access to gambling websites and apps where fans can bet from their seats. This is the natural order of things in Europe and the same thing will be happening in the United States in short order.

Per the ESPN report, NFL players will get a higher percentage cut of gambling net-profits when it comes to people voting on football-related wagers and will get a lower percentage of the profit when it comes to wagers place on non-football related activity. In-stadium sportsbooks may also stay open outside of the season. This could mean that stadiums will need refurbs or new-stadiums will make sure they build a large section for sportsbooks. It’s a smart decision by owners who want to draw people to the venue when there is nothing going on at the stadium. It also will give people access to place bets when they are at the venue for non-sports related events like concerts.

People who wanted to gamble were placing bets anyway. With the legalization of sports wagering continuing to grow from state to state, it makes sense to provide access to books in-stadium. The NFL wasn’t going to miss out on that money. They are extremely talented when it comes to the business of sports.

Coronavirus hits sports betting with loss of Masters, NCAA Tournament

There’s bitter disappointment for players and fans but the coronavirus pandemic is a crushing blow to New Jersey’s sports betting industry.

The dominos fell with stunning speed over a 48-hour period this week as fear of spread of the coronavirus forced the suspension of the NBA, NHL and MLB seasons, while the NCAA Tournament, one of gambling’s Holy Grails, was canceled altogether.

The 2020 Masters golf tournament has also been postponed, Augusta National Golf Club chairman Fred Ridley announced on Friday.

The Masters is one of the top gambling weekends on the sports calendar.

So while there’s bitter disappointment among players and fans, it’s also crushing blow to New Jersey’s sports betting industry at a time when revenue records could have been shattered.

In what would have been one of the two busiest times of the year – some $540 million was wagered in the state in January in the buildup to Super Bowl LIV – the industry is on hold indefinitely during the COVID-19 outbreak around the country.

In the 21 months that sports betting has been legal, the additional revenue stream has provided a much-needed lifeline to New Jersey’s horse racing industry at the Meadowlands and Monmouth Park, with their respective sports books and online operations generating over $277 million in gross revenues during that time.

The Meadowlands has also canceled live harness racing through the weekend, with no decision made of the immediate future of racing.

“The ripple effect to sports betting will be profound because this extends so far beyond the sports wagering bubble,” said Daniel Wallach, a South Florida-based attorney who specializes in the sports betting industry. “This is just one subset of a broader impact across every segments of American life, and that is going to have a continued impact.

“These are unprecedented times and the gambling industry will take a huge hit. As will so many industries. So there will be an immediate impact and a trickle-down impact over time.”

A closer look at the numbers New Jersey sports books produced in February show a 54.4 percent increase from a year earlier, with $494.8 million wagered, compared with $320.4 million in 2019.

“New Jersey’s year-over-year gains remained impressive in February, but we are in uncharted territory now,” said Dustin Gouker, lead analyst for the website PlayNJ.com. “Obviously there are bigger concerns with coronavirus, but the NBA is a major revenue driver for New Jersey’s sportsbooks. So the suspension of the season, in addition to suspensions of other sports, will undoubtedly have a significant effect.”

It’s not just New Jersey, with legal sports betting sweeping across the country after the 2018 decision by the U.S. Supreme Court that the law that banned it in all but a few jurisdictions was unconstitutional.

The No. 1 sports betting state is Nevada. Sixteen states have legalized sports betting. All other states have imminent or long-range plays to make sports betting legal, except Idaho, Wisconsin and Utah.

In 2019, when Tiger Woods won his fifth career Green Jacket, the William Hill U.S. Sportsbook in Nevada had its biggest single golf payout in the company’s history in the United Stated, according to ESPN.

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XFL Week 5 TV guide: Start times, point spreads, best bets

All you need to know about Week 5 in the XFL.

The undefeated Houston Roughnecks have emerged as the undisputed top team in the XFL this season, and the Roughnecks are heavy favorites to move to 5-0 on Saturday at home as we reach the halfway point in the 2020 XFL regular season.

Every other XFL club is still in playoff contention, and the race for playoff positioning is wide open in both conferences. The once mighty DC Defenders were blown out for the second consecutive week on the road, but Cardale Jones will return to Audi Field on Sunday, where the Defenders looked much better in the opening two weeks.

In Los Angeles, an inconsistent Wildcats team will face a Tampa Bay squad that just dominated DC, and with both clubs at 1-3, it’s a must-win game for both sides. Here’s a look at the Week 5 schedule, with our best bet for each game.

All betting information via BetMGM.

Saturday, March 7th

Seattle Dragons (1-3) at Houston Roughnecks (4-0)

Time: 2:00 p.m. ET

Location: TDECU Stadium

Channel: ABC

Stream: Watch ESPN / ESPN app

Point spread: Roughnecks -13.5

Over/Under: 45.5

Best Bet: Over 45.5

New York Guardians (2-2) at Dallas Renegades (2-2)

Time: 5:00 p.m. ET

Location: Globe Life Park in Arlington

Channel: FOX

Stream: Fox Sports Go

Point spread: Renegades -8

Over/Under: 37

Best Bet: Renegades -8

Sunday, March 8th

St. Louis BattleHawks (3-1) at DC Defenders (2-2)

Time: 3:00 p.m. ET

Location: Audi Field

Channel: FS1

Stream: Fox Sports Go

Point spread: BattleHawks -4.5

Over/Under: 38.5

Best Bet: Defenders +4.5

Tampa Bay Vipers (1-3) at LA Wildcats (1-3)

Time: 9:00 p.m. ET

Location: Dignity Health Sports Park

Channel: ESPN

Stream: Watch ESPN / ESPN app

Point spread: Wildcats -2.5

Over/Under: 40.5

Best Bet: Over 40.5

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Locked On Spartans Podcast: Revenge on the Nits

Michigan State looks to avenge a February loss to Penn State.

Wil and Matt talk about where MSU’s rotation is and what their best lineup is. Then they talk about sports betting being ready to go in Michigan in time for March Madness, with some NCAA futures picks. Finally, a preview for tonight’s game against Penn State.

You can find the episode on iTunes, Spotify, and Google Podcasts.

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XFL: Penalty erases field goal, leads to multiple bad beats for bettors

The first XFL game of the season delivered two bad beats.

The XFL’s opening game of Week 1 aired on ABC with betting information displayed on the screen at all times, and the inaugural game delivered some brutal beats to bettors who took the over or backed the Seattle Dragons.

The point total for Saturday’s Dragons-Defenders game was set at 51.5, with the home defenders entering the game as a sizable 9.5-point favorite. Seattle led the game at halftime, 13-12, but after the two teams combined to score three touchdowns in the third quarter, it seemed like bettors who took the over were likely to cash.

For a few moments in the fourth, the point total crossed the 51.5 mark on a Dragons field goal that made it a 31-22 game – but that field goal was erased by a running into the kicker penalty that gave Seattle a first down. The Dragons went on to fumble the ball away on 2nd-and-goal play – and the game remained scoreless over the final eight minutes, with the Defenders holding on for the 31-19 win.

Had the field goal stood with no other scoring, Seattle +9.5 and Over 51.5 tickets would have cashed. Instead, bettors who took the under and the Defenders got the wins.

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Patrick Mahomes’ kneel downs to end the Super Bowl caused a brutal beat for bettors

This is a *brutal* beat.

The Kansas City Chiefs won their first Super Bowl in 50 years on Sunday night, and with an 11-point lead in hand, Patrick Mahomes and the Chiefs were able to run out the clock in victory formation on the final possession of the game. Unfortunately for some bettors who had taken the over on Mahomes’ rushing yards total, the outcome of three relatively meaningless downs in the final minute of the game led to a terrible beat.

The over/under for Mahomes’ rushing yards varied by the sportsbook, but the line hovered between 29.5 and 33.5 yards. Mahomes appeared to have easily surpassed that total with ample time to spare – until he kneeled on three consecutive plays to end the game.

On the Chiefs’ final series, Mahomes took a knee for -5 yards on first down, a knee for -3 yards on second down, and, most importantly, a knee for -7 yards on third down. In the span of just a few seconds of game time, Mahomes’ rushing total had plummeted from 44 yards to 29 yards.

 

Brutal.

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Astros superfan Mattress Mack wants to bet $1 million on the Titans to beat the Chiefs

An Astros fan who lost millions betting on the 2019 World Series is looking to make another major wager.

You may remember Houston-area furniture store icon ‘Mattress Mack’ from the 2019 World Series, when he lost in excess of $13 million betting on the Astros to beat the Washington Nationals. Jim McIngvale has been making massive sports bets for years – and he’s currently looking to place another 7-figure wager on the outcome of the AFC Championship game on Sunday.

McIngvale tweeted that he’s looking for a sports book within the United States to accept a $1 million wager on the Tennessee Titans to pull off an upset at Arrowhead Stadium, at +300 odds. If a sportsbook takes up McIngvale’s offer, he would could win a cool $3 million if the Titans were to win.

Per BetMGM, the Titans are currently listed as a +280 underdog on a moneyline bet, and the Chiefs are favored by 7.5 points after their come-from-behind demolition of the Texans. The Titans have already beaten the Chiefs once this season in Week 10, as Derrick Henry rushed for 188 yards and two touchdowns in a 35-32 win in Nashville. Patrick Mahomes finished the game with a season-high 446 passing yards.

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NFC Championship: Prop bet picks for Packers-49ers

Breaking down the best prop bets ahead of the NFC title game.

The Green Bay Packers will play the San Francisco 49ers on Sunday (6:40 p.m. ET, FOX) for the right to represent the NFC in Super Bowl LIV.

If you’re a bettor looking for the best prop bets to put your money on before kickoff, we’re here to help. FTW NFL analysts Steven Ruiz, Charles Curtis and Nick Schwartz made their picks on five Over/Unders for the AFC Championship game.

Weather forecast: Weather at Levi’s Stadium should be perfect for the NFC title game, and have zero impact on the game. The forecast calls for a high of 60 degrees, winds reaching 6 mph, and a 10 percent chance of precipitation, per the Weather Channel.

All betting information via BetMGM.

Aaron Rodgers passing yards total: Over/Under 237.5 (-112)

Steven: Over

The Packers run game did well in the first game between these teams, but Green Bay won’t stand a chance if they aren’t picking up big plays in the passing game. I think Matt LaFleur understands that and will put together a pass-heavy gameplan.

Charles: Over

I think the game script lends itself to Rodgers
needing to go to vintage Rodgers and throw a bunch.

Nick: Under

We’ve seen multiple times this season that even when Rodgers has a high number of attempts, it doesn’t often translate into major yardage days. Dating back to November, Rodgers has failed to hit 237 yards in six of nine starts, and the 49ers’ defense looked stellar last week.

Will Aaron Rodgers throw an interception? Yes (+130) No (-167)

Steven: Yes

I’m guessing the 49ers will take a big lead late and Rodgers will have to force some passes downfield. One of them will get picked off.

Charles: Yes

Yes. The Niners’ secondary is tough and Rodgers has tossed
an INT in two of his last three contests.

Nick: No

To be clear, I wouldn’t actually bet “no” at -167, but I also don’t believe Rodgers will be picked on Sunday. He’s only thrown four picks all year (the best mark in the league), after throwing just two in 2018.

Davante Adams receiving yards total: Over/Under 84.5 (-112)

Steven: Over

Adams should be a major part of the Packers’ gameplan. They should line him away from Richard Sherman and attack the 49ers’ right cornerback. That’s been a problem spot for San Francisco’s defense in recent weeks.

Charles: Over

If you’re betting on a big Rodgers game, then you’re betting a lot of his passes go to Adams even if he’s covered by Richard Sherman.

Nick: Under

Adams has been a bit of a feast or famine player in 2019, as his fantasy football owners can attest, and the 49ers have only allowed opposing receivers to break the 87-yard mark in six of their 17 games this season.

How many points will the Packers score? Over 19.5 (+105) Under 19.5 (-134)

Steven: Over

Green Bay managed only eight points in the first game, but LaFleur will have a better idea of how to attack the 49ers defense. The Packers offense will put up a better fight in this one.

Charles: Over

I don’t think they’ll be completely shut down by the Niners.

Nick: Over

This line is giving the 49ers’ defense a little too much credit, but I don’t think the Packers (who have scored 20 points in all but three games this season) will be over by much.

How many points will the Packers score in the first half? Over 7.5 (-106) Under 7.5 (-134)

Steven: Over

If they’re going to score more than 20, the Packers better score at least eight in the first half. LaFleur typically has a good opening script, which should get Green Bay on the board early.

Charles: Over

I think a nice, round 10 points seems about right to me.

Nick: Over

In the regular season, the Packers scored 34 percent of their total touchdowns in the first quarter – though they weren’t a great second quarter team, with just 52 percent of their touchdowns coming in the first half. Still, a touchdown and a field goal is all we need here.

How many points will the 49ers score? Over 26.5 (-139) Under 26.5 (+110)

Steven: Over

Kyle Shanahan vs. Mike Pettine? Yeah, that’s a mismatch. Shanahan’s offense will move the ball at will on the Green Bay defense.

Charles: Under

The Packers defense is underrated and could keep this one close enough to hit the under.

Nick: Under

The Packers only gave up 27 or more points in two of their 17 games this season, and they’ll presumably be shortening the game with a bunch of Aaron Jones rushes. Take the under.

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