I will say that certainly all of them … He spent time overseas growing the NBA’s brand, giving him a vantage point to see how legalized gambling worked in other countries. That’s the pragmatic approach.”
PERHAPS THE BEST Silver can hope for from other commissioners is a new view of sports betting as a possible “frenemy.” It is tricky, after all, for the leagues to embrace something they’ve long denounced for its impact on the “integrity of the game.” It would also be naive to think that this is all about the sanctity of the results. So were politicians. was “inevitable” because cash-strapped states need the revenue.
Leave it to Mark Cuban to be frank about that aspect of the NBA’s support for legalization. Specifically, New Jersey Gov. On the one side are those who tell you that’s the way it’s always been done, and on the other are those who urge you to change and adapt.
In November 2011, New Jersey voters had overwhelmingly approved a referendum to legalize Las Vegas-style sports betting at racetracks and casinos across the state. But the state didn’t give up.
In the meantime, Silver is willing to take the lead on an issue that some liken to the legalization of marijuana — socially acceptable but mostly illegal. “I felt the need to explain why I had made other statements acknowledging that I thought sports betting should be legalized,” Silver says. “Yet at the same time, we were opposing the New Jersey legislation in multiple court actions. The case is headed to the Third Circuit Court of Appeals this spring.
When asked about the support he’s getting from other leagues, Silver says, “I have talked to the commissioners in the other leagues about it, and I leave it to them to make any public statements they want to make on it. But the timing of the op-ed allowed him to address another seeming hypocrisy: Just one day prior to its publication, the league announced a deal with a successful daily fantasy operator called FanDuel, which boasted some $621 million in entry fees last year alone. Regardless of public positioning, all the leagues are actively planning for a new gambling reality. The best way for the league to monitor our integrity is for that betting action to move toward legal betting organizations, where it can be tracked. “The league and many of our teams are actively engaged in the so-called daily fantasy business,” Silver says. While the NBA is still fighting in the courts to keep New Jersey from setting up its own sports-betting operation, three other states (New York, Indiana and South Carolina) have introduced similar bills this year, and a Minnesota state representative, Phyllis Kahn, has told ESPN that she’ll be introducing a sports-betting proposal early in this legislative session.
The timing of the column, of course, was calculated. “My greatest concern,” he says, “is that there will be, in essence, a hodgepodge of regulations controlling sports betting that will vary from state to state, jurisdiction to jurisdiction, and will make it increasingly difficult to monitor betting on our very own sport.”
The evolution of Silver as gambling realist in many ways began in 2006, after he took over the league’s international operations as deputy commissioner. But I think that league policy was formulated at a time when gambling was far less widespread — even legally.”
Cuban has suggested that one way of monetizing that interest is to charge sportsbooks and casinos licensing fees to use the league’s data. team owners. And publicly, it did. “And while I wouldn’t categorize that as sports betting, on the continuum of no betting at all and legalized betting, it’s certainly on the spectrum.”
With the proliferation of casinos and state lotteries, the instant gratification of the Internet and the boom in daily fantasy sports, betting was becoming part of mainstream America. And the NHL and MLB are both currently partnered with daily fantasy sports operator DraftKings.
And so after taking over for Stern last February, Silver wasted little time implementing his approach. Just 88 days into his tenure as NBA commissioner, on April 29, 2014, Silver banned Clippers owner Donald Sterling in a four-minute proclamation on national TV, his willingness to stand alone in full view.
Stern began thinking along the same lines. You don’t have to be a cynic to think that the leagues and their owners want a piece of that very big betting pie.
THEN CAME SILVER’S op-ed. One week later, the NBA was due back in court as part of its ongoing fight to prevent New Jersey from making sports betting legal.
Silver says he hasn’t set a timetable for the day when we can legally bet on a Cavaliers-Heat game. “We have studied the New Zealand model and other models in other jurisdictions,” he says.
Through it all, Silver has remained steadfast that legal sports gambling should be addressed first on the federal, not state, level. In England, bets can be placed on a smartphone, at a stadium kiosk or even using a TV remote control. In 2009, the then-commissioner told Sports Illustrated, when asked if legal sports betting would be in the NBA’s best interest, “It has been a matter of league policy to answer that question no. “As someone who attends an enormous number of games, I’m often hearing fans talking about it,” Silver says. All of them have assigned people to study the issue intensively.
” — NBA commissioner Adam Silver
So it is, then, that for now, at least, Silver seems comfortable standing alone as the only acting U.S. In March, two NBA attorneys attended a mock sports-betting trial put on by gaming attorney Jeff Ifrah at iGaming North America at Planet Hollywood in Las Vegas. I’m glad Adam is putting the hypocrisy behind us and putting it all up front.”
In September, Silver told an audience at a Bloomberg sports business conference that expanded legalized sports betting in the U.S. MLB declined to comment for this story, and the NFL refused to even reiterate its anti-legalization stance. … commissioner to publicly support legalized sports gambling. It could have continued to treat sports betting as the enemy that for as long as anyone could remember had threatened the very fabric of the game. It saw how all that interest, as well as action from illegal offshore betting sites, fueled NBA fandom, and it realized it needed to have a seat at the table — the better to monitor and monetize those burgeoning passions. I needed a forum to make it clear.”
The Donaghy revelation became the ugliest gambling scandal to hit an American professional sport since at least Pete Rose’s banishment from baseball in 1989 and perhaps since the Black Sox threw the 1919 World Series. The illegal market across sports? Try 132 times that — an estimated $138.9 billion, according to the American Gaming Association. A 2007 letter signed by all general counsels of the major sports leagues and the NCAA, including NBA vice president Rick Buchanan, stated, “The harms caused by government endorsement of sports betting far exceed the alleged benefits.”
SPORTS IS AN ongoing contest between two forces: tradition and innovation. That’s when Silver says he began to realize the need for a response. Or on Silver, who gained extensive knowledge of foreign revenue models during his time overseas. Actually establishing a legal framework is another. In those meetings, sources with direct knowledge say, contingency plans were formed in preparation for the day sports betting is legal outside of Nevada.
This story appears in ESPN The Magazine’s Feb. District Judge Michael Shipp ruled in favor of the leagues. And in New Zealand, sportsbook giant TAB paid more than $5 million last year in commissions to the leagues it takes wagers on. “But I view myself more as pro transparency. As we became more of a global company, I began to think about what our policy should be here.”
The NBA’s pivot point on legalized gambling appeared in a Nov. But you can bet all interested parties — the other leagues, the states, the bookmakers, the bettors — are following the developments as closely as they would a point spread.
But multiple sources with direct knowledge of meetings between the leagues believe the NHL is much more open to legalization than Bettman’s comments indicate. “We have always known betting, fantasy leagues and daily [fantasy] sports have driven interest and viewership,” wrote the Mavericks’ owner in a recent email exchange with The Magazine. In that dark moment, the NBA could very well have hunkered down and waited for the dawn. Deitch prevailed.
Privately, though, the league was watching — closely — as the Vegas market and legal daily fantasy sites were growing exponentially. There also have been other, more private confabs involving high-ranking advisers to the leagues. He’s relaxed, though not unguarded. Once again, the leagues sued and won. “I am very sensitive to people thinking that I’m not understanding of the downsides,” he says. The other leagues have — at least publicly — not wavered from their anti-legalization stance after the op-ed. That’s yet another reason I think it needs to be closely monitored.”. In 2013, $1.05 billion was wagered legally on basketball, combining the professional and college levels. Attorney Harris Fischman examined major U.S. In September 2012, the NFL convened a forum in collaboration with other pro leagues, the International Olympic Committee and the NCAA to discuss best practices, law enforcement resources and the gambling industry. “We did everything possible to encourage it while publicly condemning gambling. Does it become a vehicle for betting, which may in effect change the atmosphere in the arenas?”
Nine months later, on a cold January afternoon on the 19th floor of league headquarters in Midtown Manhattan, with Hot Chocolate’s “You Sexy Thing” playing, Silver is loose and joking, all the while being prepped for his cover shoot. The “defendant,” “Ginger McKenna,” was accused of facilitating illegal sports bets. In some areas of Australia, for example, sportsbooks pay fees to leagues based on the gross revenue made off the wagering of the games. It studied and researched and planned behind closed doors before it made its move. In 516 words, he diagnosed the reality of sports betting in the U.S.: Federal and state laws are not stopping anyone from betting. And when it did, it was not subtle.
His time overseas coincided with the Donaghy scandal and the revelation, as Silver puts it, “of how important it is to have a way of monitoring irregular activity in our games.” He adds, “None of the systems we had in place had captured any betting by Donaghy.”
Studying models is one thing. Chris Christie, who in 2012 began pushing to legalize sports betting in his state by challenging the Professional and Amateur Sports Protection Act (PASPA) of 1992, the federal ban on state-sponsored sports betting. The NBA deal also included an equity stake in the company. But Adam Silver has proved otherwise. (One study by Nevada gaming company Club Cal Neva projected a possible windfall of $50 million for Atlantic City casinos if betting was legalized.) But the leagues — the NBA, NFL, NHL and MLB — and the NCAA sued, claiming that the state was in violation of PASPA and that the perception of the integrity of the games would be damaged if New Jersey began taking legal bets.
The bald 52-year-old man in glasses and a conservative dark suit doesn’t look like an agent of change — especially with the 1970s soul music playing in the background on the set at a recent photo shoot for The Mag. The move made sense to many in New Jersey, where ailing gaming and racing industries were causing financial strain. “One of my concerns is that I will be portrayed as pro sports betting,” he says. But that’s not to say he and the NBA are the only ones re-examining their approach. gaming laws, including PASPA and the Wire Act, which prohibits any betting activity that includes wire transmissions. “Then we began getting approached by sports-betting companies outside of the United States, where it’s legal, to do business with them. Billions of dollars are being illegally wagered on sports, almost all online. Subscribe today!
The opportunity for additional streams of capital from sports betting can’t be lost on U.S. 13, 2014, editorial in The New York Times, penned by new commissioner Adam Silver: I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated. “In light of these domestic and global trends,” he wrote, “the laws on sports betting should be changed. Included in the forum, which wasn’t open to the public, were talks with law enforcement officials, gaming regulators, addiction specialists and even a former student-athlete caught up in sports gambling. She was represented by Ifrah, while David Deitch, a former Justice Department attorney, represented the government. “We’re still in the monitoring stage,” he says. “I recognize that it can be very damaging to a person or a person’s family, just like other substances of potential abuse taken to extremes. have assigned people in their organizations to study the issue intensively.”
A united front among all the leagues would certainly help Silver’s cause for a federal solution. “Even if they’re not betting, they’re highly aware of the betting line and over/unders.”
Fans weren’t the only ones talking about it. The title of the exercise? “As Close as You Ever Want to Get to a Federally Prosecuted Sports Betting Trial.” In it, Assistant U.S. 16 Gambling Issue. Congress should adopt a federal framework that allows states to authorize betting on professional sports, subject to strict regulatory requirements and technological safeguards.”
I have talked to the other commissioners about it. And someone who’s a realist in the business. Gary Bettman, the longtime commissioner of the NHL, told CNN in November after Silver’s op-ed was published: “I think there needs to be some attention paid to what sports is going to represent to young people. “As we began to stage exhibition games in Europe and China and jurisdictions where sports betting was legal, it caused me to focus more on this than I had historically,” Silver says. In September 2014, citing a loophole in the Department of Justice’s language about violations to PASPA, Christie issued a directive to legalize.
THE NBA’S DARKEST hour can actually be marked by a single moment, concentrated down to the uttering of a sentence. “I can tell you that this is the most serious situation and worst situation that I have ever experienced either as a fan of the NBA, a lawyer for the NBA or a commissioner of the NBA.” That was the lament of then-commissioner David Stern during a July 24, 2007, news conference announcing that referee Tim Donaghy was under federal investigation for betting on games
It is suggested that you should hire employees in India. 4.Frankly talk about the rates- Money, being an important aspect of any work, is something you must talk about openly. Before I conclude myself, I must add another point (from my personal experience) thatll definitely be helpful for you in selecting your quality IT services. India is one of the most rapidly growing countries of the world. Reason behind this is short and simple. Now hiring an offshore team and getting the work done on time is something most of the IT companies prefer.
This is definitely a smart idea, but with the availability of number of service providers, it becomes little difficult to choose one of them. Theres adequate talent availability in India, which can be employed at comparatively cheaper price than any other country.
Well, there are several points from different point of views, which have been wrapped up in 5 basic tips that are discussed below.
Hiring offshore employees is indeed the newest trend of working, but it wont be wrong to say that it is one of the most successful methods of working as well. Instead look for such a team, which has already worked on other projects and is well aware of the market standards.. Hence it is recommended to comprehensively talk about the rates.
These are the most prominent points that must be considered while hiring offshore employees. Please dont go for them. By doing this, you can easily know what kind of work have they been delivering to their clients.
1.Opt an experienced offshore team- There are several service providers available in the market that are ready to sell their services at extremely lower rates as compared to others. You can only expect work of your choice, if youve explained your expectations to the employees.
5.Work delivery- Do let the employees know about the time intervals, after which you want the work done.
2.Go through their client testimonials- Before you start working, do not forget to go through the client testimonials. However you dont need to be anxious about this, as in the coming part of this article; well go through few points that will be helpful while hiring offshore employees.
Now, as you all are clear with the Dos and donts of hiring an offshore IT services, I wish you all the best! Hire some extremely talented people who can add even more grace to your success.
3.Thoroughly explain your quality-quantity expectations- this step is one of the most significant steps involved in hiring an offshore team
The following list is composed of a variety of hobbies for men, women, and kids of all ages. But is that all the list should include? Surely there has to be a larger variety of hobbies out there. That way, you will enjoy it much more and to the fullest.
Dog training. Regardless of the hobby (or hobbies) you select, try not to look at it as a way of filling your pocket. For many, collecting postage stamps can be an enjoyable pastime, whereas for others, the interest lies in a variety of extreme sports such as snowboarding down icy mountain slopes. Arts and crafts, sports, performing arts, culinary arts, social service, gardening, traveling, collecting souvenirs, etc., are a few things that come to mind when we think of the word ‘hobbies’. As we don’t wish to discriminate against an individual’s choice of hobbies, we thought of listing them in an alphabetical order.
Generally speaking, there are many types of hobbies that we get to see around us. On that note, let us have a look at a comprehensive hobbies list, and one which includes a diverse list of hobbies and interests for people of all ages – children, adults, elders, retired citizens, etc.
Having a birdhouse
Magic and optical illusions
Internet home businesses
That was a long, long list of hobbies, wasn’t it? Before signing off, I leave you with a little bit of parting advice. Most people assume that typically, a majority of women will be interested in knitting or sewing as a hobby. However, there are some daredevils out there who love to ride motorcycles as well. Why don’t we go over a more specific list, shall we?
A Detailed List of Hobbies
Running and jogging
Indian dance styles
Hot air balloon rides
Making gift baskets
Playing PC games
Playing board games
Dinosaurs and fossils
Creating wall art
Palmistry and numerology
Black & white photography
A hobby is an activity that we all love and enjoy. Now whichever hobby you may be interested in, it is essential to pursue it either for pleasure, enjoyment, leisure, or an altogether different degree of happiness and satisfaction.
There is a popular saying which goes, “Lucky are those who have time after work for pursuing their hobby, but luckiest are those for whom work itself is a hobby”. Let it be a way of achieving inner satisfaction, peace of mind, and experiencing happiness
Another difference between squares and sharps is how they approach betting on game day.
“The standard bet requires gamblers to lay $11 for every $10 they want to win with the extra $1 or 10 percent known as the juice,” Konik says.
Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined. Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”
Moseman agrees and especially likes home underdogs.
While these tips don’t guarantee you’re going to win, hopefully they can make you a little less square and a little more sharp in your picks this season. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points. The only locks that exist are those that need keys to open them.”
“A square or recreational player might have a vague plan, but after two Corona’s he will definitely run to the window and make a hasty decision on the USC-Notre Dame game because he wants to be involved in the party atmosphere,” Vaccaro says. He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day. The only touts bettors should consider are the ones who talk about the long haul and realistic winning percentages, which are in the upper 50 percent to lower 60 percent range.”
Certainly not back into the pockets of the average bettor. And why not? We have unconditional love for the sport and betting $50 or $100 on a game adds an extra rush of adrenaline. “Because alcohol clouds your judgment and usually helps you to make rash decisions you usually wouldn’t otherwise make. “The key to proper money management is to be sure not to bet more than you can afford to lose.”
2. Otherwise, you’re better off doing your own research.”
And where does all that money go?
4. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can.
But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.
7. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. “Thus, the bookies love and cherish the squares.”
“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas. . Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises. Slim underdogs regularly win outright. To be a successful sports bettor you need to operate with a clear mind.”
So, how much are we gambling each football season?
So, how much should you bet a game?
But even though the math says it’s virtually impossible to win on a consistent basis, Americans continue to bet on football. “Most people prefer to bet on the ‘better’ team, the one that will probably win the game. So underdogs tend to be slightly undervalued – except by the sharps.”
Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week.
However, Konik adds that there are some bettors who actually know how to beat the bookies.
8. Giving 11 to 10 odds is almost always the cheapest price you can give.”
3. “When you’re in a good rhythm and winning, you want to increase your bets. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”
“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains.
“The talking heads on TV know nothing about sports betting,” says Sevransky. Thanks to the juice, the only one who profits in this scenario is the bookmaker. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains. Not all games work according to this formula, but it is usually a good rule of thumb.”
“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,'” Konik says.
Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.
Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.
9. “He is not jaded by teams and does not bet with his heart. There are almost an infinite number of scenarios that can happen in a single football game. “In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world. If North Texas is his best bet on a Saturday then that is his bet. “There will be more discrepancy in the numbers at different sports books. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says. Avoid Chasing Bets – “Don’t do it! There is no worse way to mismanage your bankroll than to chase your bets after a losing day,” cautions Moseman on the dangerous practice of trying to immediately win back your losses. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”
And remember, in the immortal words of “Fast” Eddie Felson, “Money won is twice as sweet as money earned.”
“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says. But, when you’re struggling, that’s when you want to reduce your bet size until you get out of your slump. Also, being “in action” can make a dull late-afternoon game (Buffalo vs.
Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has. Drinking and Gambling Don’t Mix – “There is a reason the casinos in Las Vegas supply you with free drinks while you are gambling,” Moseman says. “The sharps are usually members of a betting syndicate privy to the most up-to-date information on injuries, weather, game plans, and, most important, the real power of the teams involved. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”
Newspapers and popular sports sites routinely publish the lines or point spreads for games, and football insiders offer their picks to viewers each week on ESPN and other cable networks. If you want advice about sports betting, find someone who has a successful track record. On college you will be able to find different lines at different sports books.
1. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. The NFL, for example, will have very similar numbers at most of the betting shops you visit.
Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football. If you like an underdog, it is best to get your bet in as late as possible, where there is heavy action from squares on favorites. Avoid Exotic Bets – “For very skilled handicappers, with a proven track record, there can, at least in theory, be value in betting parlays,” says Gordon on the type of bet that combines two or more individual wagers. Oakland comes to mind) seem like the Super Bowl. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”
10. Bet at the Right Time – “The sharp bettors tend to bet underdogs, and they tend to bet them early,” Moseman says. The payout is just the same as far as he is concerned. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”
“There is probably no better bet in sports than playing an underdog at home,” Moseman says. Chasing losses is the fastest way to the poor house.”
“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says. “Common wisdom says that over the course of a long football season the average man or woman will pick approximately 50 percent winners. Research Football Services – “Most sports services realize that most people who sign up with them are insecure,” Gordon warns. “Teams play inspired ball at home. “If you listen to their advice, you are sure to lose. In fact, sports bettors must pick 52.4 percent winners just to break even.”
“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says. “Squares usually bet later in the week and they tend to pick the favorites. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005).
So, is it possible for the average square to become a little sharper in making football bets this season? According to professionals like Vacarro, Konik and Gordon, amateur bettors have the best chance to win if they demonstrate a little patience and follow the 10 basic tips below
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