Tag: pointsbet sportsbook

PointsBet Sportsbook ends partnership with Drew Brees after his appointment to Purdue’s coaching staff

Drew Brees will no longer be an ambassador for the sportsbook company due to potential integrity issues.

PointsBet Sportsbook has ended its relationship with Drew Brees, the company said in a statement Thursday.

The decision comes exactly a week after Brees was named an assistant football coach at his alma mater Purdue. PointsBet said the decision will allow the company to uphold its commitment to priorities involving responsible gaming and the integrity of legal sports betting.

Brees was an ambassador for PointsBet, drawing massive attention to the company earlier this month for a social promo that backfired. It involved a video that faked Brees getting struck by lightning, and ended with a lot of jokes about what a bad idea it was.

Bad promos involving Brees won’t be an issue any more.

PointsBet’s announcement ends speculation over whether Brees would be allowed to continue in his role with a sportsbook while also roaming the sideline of at least one college game.

Purdue is a 14-point underdog to No. 17 LSU in the Cheez-It Citrus Bowl on Jan. 2.

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A sportsbook is already paying out Lakers win total under bets, because they ‘suck’

The Lakers are 0-4, and this sportsbook has seen enough.

The Los Angeles Lakers stink. There’s no way around it.

LeBron James or not, this team simply isn’t good. We don’t need more than a week to see it.

After Wednesday’s loss to the Denver Nuggets, the Lakers fell to 0-4 on the season. The only other teams without wins are the 0-3 Sacramento Kings and 0-5 Orlando Magic.

The Lakers are in company of the Kings and Magic. Let that sink in.

PointsBet Sportsbook did. Increasingly popular for its loyalty payouts, PointsBet decided to give Lakers win total under bettors their winnings about seven months early, conceding defeat just a week into the season.

In other words, if you bet on the Lakers to finish the season with fewer than 44 or 45 wins, they’re already giving you your money.

PointsBet did something similar with the Dallas Cowboys after Dak Prescott was injured in Week 1 — a decision it may end up regretting after the 5-2 Cowboys went on to win their next four games.

The sportsbook explained to Bet For The Win that the intention of the early payouts is to build client loyalty through what it considers fair treatment. It also refunded Russell Wilson MVP bettors after his slow start to the season.

It’s still early in the year, so the Lakers payout could still end up being one of the ones that backfires. But unless LA makes some sort of trade to improve the roster, I don’t think PointsBet will have to worry about that.

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