Archive for the ‘Sports Betting’ Category

 

Asian handicap

September 28th, 2008

An Asian Handicap is a sports betting term used to describe spread betting in football (soccer). Described as Asian because of its Eastern origins, the phrase has little else to do with the region. This form of soccer betting has gained increased popularity over the last few years and is now offered [...]

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Top Gambling News, September 23th, 2008

September 23rd, 2008

Get real on web gambling
Kansas City Star, MO
Rick’s Gambling & Tourism column in today’s Star Business Weekly looks at the US’s untenable position in the worldwide on-line gambling industry. …
State cracks down on Net gambling
Kentucky.com, KY
By Jack Brammer FRANKFORT — Kentucky is commandeering 141 domain names of Internet gambling sites in [...]

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Casino Royale Las Vegas

July 11th, 2008

Casino Royale
3411 Las Vegas Boulevard SouthLas Vegas, Nevada 89109

Number of rooms
152

Theme
European Villa

Notable restaurant(s)
Outback Steakhouse
Denny’s
Noble Roman’s
Subway
Ben & Jerry’s

Owner
Tom Elardi

Date opened
1992

Casino type
Land-Based

Previous name(s)
Nob Hill 1979-1980

Casino website
Hotel/casino web site

Casino Royale is a small casino and motel located on the East side of the Las Vegas Strip, between Harrah’s Las Vegas and The Venetian. The casino [...]

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Bank job

June 26th, 2008

In gambling, a Bank Job is a term for putting all of your money on a particular betting option, for instance “Yankees to beat the Kansas City Royals is a Bank Job”
It is often mocked by statements claiming people have “Multiple Banks” on a particular bet, for instance “I have 4 Banks [...]

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Arbitrage betting

June 25th, 2008

Betting arbitrage, surebets, sports arbitraging is a particular case of arbitrage arising on betting markets due to either bookmakers’ different opinions on event outcomes or plain errors. By placing one bet per each outcome with different betting companies, the bettor can make a profit.
In the bettors’ slang an arbitrage is often referred [...]

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Betfair

June 24th, 2008

Betfair

Type
Betting exchange

Genre
Online gambling

Founded
2000

Founder
Andrew Black and Edward Wray

Headquarters
London, United Kingdom

Website
http://www.betfair.com/

Betfair is the world’s largest Internet betting exchange. The company is based in Hammersmith in West London, England.
Since Betfair was launched in June 2000 it has become the largest online betting company in the UK and the largest bet exchange in the world. [...]

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Betting exchanges

June 23rd, 2008

A betting exchange is a p2p gambling website acting as a broker between parties for the placement of bets. The concept is similar to that of a stock exchange or a futures exchange, where in this case the commodity being traded is a bet, rather than a stock or futures contract. Most [...]

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Bookmakers

June 22nd, 2008

A bookmaker, bookie or turf accountant, is an organisation or a person that takes bets and may pay winnings depending upon results and, depending on the nature of the bet, the odds. Bookmaking may be legal or illegal, and may be regulated; in the United Kingdom it was at times both regulated [...]

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Trifecta

June 21st, 2008

In horse racing terminology, a trifecta is a parimutuel bet in which the bettor must predict which horses will finish first, second, and third in exact order. The word comes from the related betting term, “perfecta.”
The term has been extended to the realm of politics, where it is used to describe a [...]

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Tote board

June 20th, 2008

A tote board is a large, numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event).
The first tote boards were manufactured for [...]

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Totalisator

June 19th, 2008

A totalisator or totalizator (tote board in common parlance) is the name for the computerised system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets.
The first totalisator was an entirely mechanical system invented by the Australian George Julius of Julius Poole & Gibson Pty [...]

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Predictions for the gambling industry

June 18th, 2008

Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week.
Asia, and especially Macau, will be the world’s fastest growing gambling region.
In accordance with this report, the US revenue [...]

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Tic-tac

June 18th, 2008

Tic-tac (also tick-tack and non-hyphenated variants) is a traditional method of sign language used by bookmakers to communicate the odds of certain horses. It is still used in on-course betting in the UK. A tic-tac man will usually wear bright white gloves to allow their hand movements to be easily seen.
A few [...]

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Spread betting

June 17th, 2008

Spread betting is a form of gambling on the outcome of any event where the more accurate the gamble, the more is won and conversely the less accurate the more is lost. A bet is made against a ’spread’ (or index), on whether the outcome will be above or below the spread. [...]

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Handicapping

June 15th, 2008

Handicapping, in sport and games, is the practice of assigning advantage through scoring compensation or other advantage given to different contestants to equalize the chances of winning. The word also applies to the various methods by which the advantage is calculated. In principle, a more experienced player is disadvantaged in order [...]

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Horse racing

June 14th, 2008

A horse race at Del Mar.
Horse racing is an equestrian sport which has been practiced over the centuries; the chariot races of Roman times are an early example, as is the contest of the steeds of the god Odin and the giant Hrungnir in Norse mythology. It is often inextricably associated [...]

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Soft lines

June 12th, 2008

Soft lines is a betting terminology representing betting odds that have been poorly researched by sportsbooks.
Handicappers commonly use this term to emphasize the value of their play. Since handicappers can focus on a smaller subset of all the possible games, they have the chance to identify soft lines. Soft lines usually [...]

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Gambling on horse races

June 12th, 2008

Tokyo Racecourse in Tokyo, Japan.
One of the most widespread forms of gambling involves betting on horse races, most commonly on races between thoroughbreds or between standardbreds.
Wagering may take place through parimutuel pools; or bookmakers may take bets personally. Parimutuel wagers pay off at prices determined by support in the wagering pools, [...]

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Sportsbook

June 11th, 2008

A sportsbook (sometimes abbreviated as book) or a race and sports book is a place where a gambler can wager on various sports competitions, including football, basketball, baseball, hockey, soccer, horse racing and boxing. The method of betting varies with the sport and the type of game. The more prominent the [...]

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Press Release: Former Google Scandinavia CEO Johan Kinnander bets on gaming with Betsafe

June 11th, 2008

For immediate release
Johan Kinnander has been appointed board member in the European internet gaming company Betsafe.com
Johan Kinnander, who is CEO at Glife AB, one of Sweden’s leading online social networks, has extensive experience of online marketing, especially from his time as CEO at Google in Scandinavia and AD Pepper Media. He has [...]

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