Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Gambling Newsbeat

Friday, February 10, 2017

MLB commissioner: ‘We are re-examining our stance on gambling’

And on Wednesday at the Yahoo Finance All Markets Summit in New York, MLB Commissioner Rob Manfred confirmed that he is monitoring the issue and re-thinking pro baseball’s long-held stance on the issue.

“There is this buzz out there in terms of people feeling that there may be an opportunity here for additional legalized sports betting,” Manfred said. “We are reexamining our stance on gambling. It’s a conversation that’s ongoing with the owners.”

When fans bet on games, Manfred continued, it “can be a form of fan engagement, it can fuel the popularity of a sport. We all understand that.”

And make no mistake: fans are betting on games. The American Gaming Association estimates that $4.7 billion was bet on this year’s Super Bowl, an all-time high—but 97% of those bets were placed illegally.

RoyalsRetro (AG#1F) Posted: February 10, 2017 at 12:57 PM | 34 comment(s)
  Beats: gambling, rob manfred

Vegas win total for defending champ Cubs set at 95.5; totals for all 30 teams released

For the 11th straight year, the Atlantis Casino in Reno, Nevada, is the first sportsbook with MLB season win totals, and it set the Cubs’ number at 95.5 for betting that began Friday morning.

After opening the Cubs at 89 wins last year—second in the National League behind the San Francisco Giants—head oddsmaker and Atlantis sportsbook director Steve Mikkelson is now a believer….

In the NL, the Los Angeles Dodgers (91.5), Washington Nationals (90.5), New York Mets (89.5), St. Louis Cardinals (87.5) and Giants (87.5) also have win totals over 87.

In the American League, Mikkelson has the Cleveland Indians with the highest win total at 92.5, but he said the Boston Red Sox (90.5) have a better World Series shot.

RoyalsRetro (AG#1F) Posted: February 10, 2017 at 09:40 AM | 35 comment(s)
  Beats: casinos, cubs, gambling, odds, vegas

Tuesday, December 06, 2016

A record $1 billion bet on MLB in 2016

Putting Pete Rose in the pre-game studio is paying off.

Through October, $1.0 billion was bet on baseball at Nevada’s regulated sportsbooks, an all-time record, according to gaming control, and nearly double the amount that was bet in 2010. By comparison, $1.6 billion was bet on football (NFL and college) in 2015.

At a time when more money is being bet on baseball than ever before, Major League Baseball is taking a new approach to how it keeps track of the betting on its games.

A two-hour workshop highlighting potential benefits of legal sports betting and the technology available to protect the integrity of the games was held Monday at Major League Baseball’s winter meetings in Washington, D.C.

Major League Baseball partnered this spring with Genius Sports, a sports integrity firm that monitors international betting markets, looking for irregularities that may indicate corruption. Headquartered in London and with office in Los Angeles, New York and Washington, D.C., Genius Sports provides MLB with market analysis, real-time alerts and other protections designed to identify betting-related corruption.

Genius Sports estimates $55 billion is bet annually on baseball throughout the world, with only a small fraction taking place in legal markets.

RoyalsRetro (AG#1F) Posted: December 06, 2016 at 03:04 PM | 10 comment(s)
  Beats: gambling

Monday, November 07, 2016

South Korea Charges 21 With Match Fixing

Say it ain’t you, Yoo!

The South Korean police said Monday that they were pressing criminal charges against 21 people, including two professional baseball pitchers in the KBO League, on suspicion of match fixing.

In 2014, the pitchers, Lee Sung-min of the NC Dinos and Yoo Chang-sik of the Hanwha Eagles, deliberately walked batters in return for gifts and cash from match-fixing brokers, the police said. Lee now plays for the Lotte Giants and Yoo for the Kia Tigers.

The police said two NC Dinos officials covered up the match fixing when Lee confessed to it and then traded Lee to the KT Wiz for $875,000.

RoyalsRetro (AG#1F) Posted: November 07, 2016 at 11:32 PM | 2 comment(s)
  Beats: gambling, korean baseball, match-fixing

 

 

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Support BBTF

donate

Thanks to
Harry Balsagne
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogSouthern hospitality: Braves unveil new SunTrust Park food | FOX Sports
(48 - 7:39pm, Mar 25)
Last: PreservedFish

NewsblogOTP 20 March 2017: This fighter for civil rights has baseball in her DNA
(2015 - 7:27pm, Mar 25)
Last: Lassus

NewsblogHeyman: Nationals leaning toward Koda Glover for closer role
(14 - 7:12pm, Mar 25)
Last: JJ1986

NewsblogSources: Indians finalizing four-year extension with Jose Ramirez
(5 - 7:09pm, Mar 25)
Last: Walt Davis

NewsblogOT - March 2017 NBA thread
(831 - 6:42pm, Mar 25)
Last: tshipman

NewsblogOT: NCAA March Madness 2017
(257 - 6:28pm, Mar 25)
Last: Like Flies On Sherbert

NewsblogSources: Rougned Odor expected to sign multi-year extension with Rangers
(9 - 5:58pm, Mar 25)
Last: Walt Davis

NewsblogDetroit Tigers' J.D. Martinez will be out 3-4 more weeks
(6 - 4:48pm, Mar 25)
Last: Dog on the sidewalk

NewsblogDodgers' pitchers rate well in Statcast metric | MLB.com
(4 - 3:57pm, Mar 25)
Last: PreservedFish

NewsblogWhy Travis d’Arnaud should never catch Noah Syndergaard | New York Post
(2 - 12:24pm, Mar 25)
Last: JJ1986

NewsblogFortune magazine crowns Theo Epstein 'world's greatest leader'
(38 - 10:56am, Mar 25)
Last: ReggieThomasLives

NewsblogPirates' Jung Ho Kang reportedly denied visa to enter U.S. after DUI conviction
(28 - 8:05am, Mar 25)
Last: Bring Me the Head of Alfredo Griffin (Vlad)

NewsblogReport: Former Bulls GM Jerry Krause dies at 77
(66 - 8:04am, Mar 25)
Last: McCoy

NewsblogHeyman: 30 Potential Breakout Players For 2017
(19 - 3:21am, Mar 25)
Last: Walt Davis

NewsblogWhy DFA is the WTF of baseball and how one player fought back
(23 - 3:12am, Mar 25)
Last: Walt Davis

Page rendered in 1.1490 seconds
60 querie(s) executed