Monthly Archives: March 2015

Betfair Launches “Betfair Predicts” General Election App

Betfair Predicts IOS App now available in the App store (Search: Betfair Predicts)

Betfair have today launched “Betfair Predicts”, an interactive app that aims to show how the Betfair Exchange is calling the General Election in real time.

Betfair’s Exchange has a track record of calling political outcomes correctly; most recently calling a “No” vote at the Scottish Referendum as an 80% chance throughout the campaign, while the polls were calling it 50/50.

Betfair Predicts, which is available across desktop, iOS and Android, takes the betting data within the Exchange’s markets and brings it to life in a simple and engaging way. Several rolling graphics show the percentage chance (drawn from the market odds) of each of the main election outcomes, with an interactive map showing the betting landscape right down into the individual constituencies.

$1M lottery prize expires Thursday – check that ticket

If you buy a winning lottery ticket worth a million dollars, but never realize it, does that make you lucky or unlucky? Like a fairy godmother’s magic at midnight, one person’s Powerball ticket worth $1 million will instantly become worthless if not redeemed by 5 p.m. Thursday. If you bought a Powerball ticket March 26 of last year in Hennepin County and still have it, check your numbers.

Twitch Gets Hacked

Twitch may have been hacked, prompting the Twitch security team to reset all users passwords and stream keys. The poker community takes the hit; keeps on streaming.

Jason Somerville’s face is on the front of the Wall Street Journal. Unfortunately, it’s attached to bad news.

Twitch has been hacked.

For some people, namely sponsored pros who are being pestered by their lords and masters, to get online and start streaming for 7-8 hours a day, this is a good thing, but for the vast majority of the poker community, it’s a very, very bad thing.

888Poker Leading Sponsor for the 2015 WSOP and WSOPE

888Poker are to be the lead sponsor at the 2015 World Series of Poker and World Series of Poker Europe events, and will be the primary source of online satellite qualifications outside selected territories.

The relationship between the World Series of Poker (WSOP), and 888 Holdings, has gone from a kiss and a cuddle to all out fornication, after the pair agreed a deal that will see the company, that has ‘never been so healthy,’ take the starring role as lead sponsor of the 2015 WSOP in Las Vegas, and likewise when the bandwagon pulls up in Berlin for the 2015 World Series of Poker Europe (WSOPE).

The deal means yours truly will now be spending more time playing on 888Poker as they become the only online poker outlet to run official online satellite qualifiers, for both events, outside of the United States, British Columbia, Quebec, Canada, Mexico, Italy, India and France.

I can smell my $10k package.

RAWA hearing’s dog and pony show marred by the occasional injection of sanity

The anti-online Restoration of America’s Wire Act had its hearing on Wednesday with the House Judiciary Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

The hearing began late and ended early as representatives had to press pause in order to return to the House floor for votes on other legislation.

The event really got going after Rep. Bob Goodlatte (R-VI) – a chief architect of the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA) – attempted some legislative jujitsu by declaring that RAWA wasn’t an unwarranted trampling of states’ rights but a pro-states rights bill.

Goodlatte (pictured right) claimed RAWA supporters wanted to “protect the rights of states to prevent unwanted internet gambling from creeping across their borders and into their states.” This heretofore little discussed concept of online gambling ‘”bleeding over” state lines was to come up multiple times during Wednesday’s hearing.

Diamond Flush to be Honored at the iGaming North America Awards

Former journalist, Diamond Flush, who passed away this last year, will be honored at the iGaming North America awards as the recipient of the Operator of the Year award.

I never met Diamond Flush, but you learn a lot by the way a person writes. I know I would have liked her.

Tonight is the night that I will learn if I have won the European Poker Award (EPA) for Media Person of the Year. I won’t be there in person to collect it, should I win, so I pre-prepared a statement to be read in my absence should fortune favor the lad from the valleys.

The soul of that statement was about being different. If I win that award, it’s because the poker community celebrates unbiased opinion. That’s what sets me apart from everyone else. I’m not tied to a particular company. My thoughts and feelings are not held back. I wake up and write whatever I want.

Will expanded legalization of sports betting be a problem for the industry?

Experts believe that legalized sports betting is coming to the United States by 2020, if not sooner. Momentum is building to expand legal sports betting outside of Nevada. Led by NBA commissioner Adam Silver, some professional sports leagues (which have been long-standing staunch opponents of sports betting legalization) are starting to change their tune.

New Jersey’s efforts to bring Las Vegas-style sports betting to Atlantic City casinos and the state’s racetracks have, at a minimum, raised questions about the effectiveness of the 23-year-old federal ban on sports betting. Four more states — Indiana, Minnesota, New York and South Carolina — have introduced sports betting legislation in recent months, and two federal bills have been presented in Congress.

The question is beginning to appear as if it’s when, not if, sports betting will be legalized in the U.S., but is the country mature enough as a gambling society to handle it?

When NBA commissioner Adam Silver declared his support for legalized sports betting in November, he changed the game for the other leagues. But will it be enough to move the line? David Purdum explores in ESPN The Magazine’s Gambling Issue. Dr. Howard Shaffer, an associate professor of psychiatry at Harvard Medical School and a leading authority on the impact of gambling expansion, isn’t sure.

“The more mature gambling environment, more mature gambling community, the less it’s affected by expansion or changing of the characteristics of the gambling system,” said Shaffer, who is also the director of the Division on Addictions at the Cambridge Health Alliance. “In the U.K., as an example, they’re very mature as a gambling society. There’s gambling everywhere. Although people expected an uptick there, when they expanded gambling, it didn’t really happen. I think the question is: ‘Is the sports gambling in America mature enough to tolerate expansion?’

“Sports betting in the United States is ubiquitous,” Shaffer continued. “We have office pools, friendly wagers, it’s not unusual when Super Bowl time rolls around for mayors of the competing cities to have a public bet. That’s all sports betting. Now, is the community mature enough to tolerate legalized sports betting? Because when sports becomes legal, there will be some people who might not have bet on sports who will now jump in. Are those sports betting virgins, so to speak, going to be affected? I think the answer is ‘yes.’ But the real question is: ‘How many are there and is there enough to influence the system?’ ”

Seen on ESPN.com – view here http://espn.go.com/chalk/story/_/id/12555614/betting-sports-betting-legalization-cause-more-problem-gamblers

MMA Looks Like It Will Get Its Decision In New York

MMA Looks Like It Will Get Its Decision In New York
Joe Favorito @JoeFav
The lone state holdout on Mixed Martial Arts in any form may soon finally be coming to an end after years of debate and millions of dollars spent by the UFC and other organizations lobbying for a decades old ban on the sport.


On Tuesday, The New York State Senate again passed legislation to approve MMA as a professional sport, something which had happened five times prior. The difference this time is that both Governor Andrew Cuomo and Assembly Speaker Carl Heastie appear to be in support of the bill, one which was fought tooth and nail by former Speaker Sheldon Silver, a fight which the now indicted politician won each time under previous administrations.



The reasons for Silver’s vehemence were widespread; they ranged from lobbyists of boxing working behind the scenes to keep the sport out of one of boxing’s most profitable states to his abhorrence with the violence of MMA (his brother is a prominent physician who has dealt with head trauma and has always been firmly against the brutality of MMA) to frankly, other more pressing issues in the State such as gay marriage and other causes that needed more attention. Still at this point with casinos in the State lobbying to bring in small events, while large venues like First Niagara Arena in Buffalo to Madison Square Garden and the Barclays Center in New York to the Carrier Dome in Syracuse all wanting to reap bigger gates and paydays that have gone to Connecticut, New Jersey and Pennsylvania, the time may have come for change.


Mixed Martial Arts in the non-professional sense has thrived in New York for years. There are scores of training centers throughout the state which house not just amateur but professional fighters. The Renzo Gracie Academy just two blocks from MSG has trained UFC star Georges St. Pierre as well as a host of Gracie jiu-jitsu fighters, but their buts usually have been through the Lincoln Tunnel at places like the IZOD Center or the Prudential Center or in Atlantic City. The only full-fledged MMA cards have been in unregulated underground gyms which have catered more to the unfettered violence lawmakers have railed against than the safer and more regulated state controlled events that legal MMA would bring and have brought to virtually every other state across the country.


This week the UFC even brought their latest star, Ronda Rousey to meet with Governor Cuomo and defend her sport. The final holdouts against the bill, which include state Senator Liz Krueger, worry about the sexism and open violence against women that legal MMA would bring to venues, even though the fights are seen in millions of homes across the country and around the world today.


“Having women shown fighting on TV shows that it’s OK for us to be strong,” she said in an interview with MMA Fighting. “It’s OK for us to fight. So much history is being made through MMA for women in sports. It’s a new sport so it’s not really bogged down in tradition the way that a lot of others are.”


The solution she says, is for those who find the fights offensive to simply not watch or buy tickets. Proponents see the legalization of MMA as a huge windfall to venues across the state. However that huge flow of dollars has not held true in many cases. Big fights bring big crowds, and the possibility of a UFC card on Broadway will garner the exposure the sport would love on occasion. However small shows do not regularly outdraw similar boxing events, and the rush to book events with lesser known fighters could backfire in some cases.  Regardless, in a free economy the opportunity to create and host events to fill distressed seats and dates in a controlled and sanctioned environment is a good thing for the sport of MMA and for the state of new York, which regardless of successful gates, will reap tax dollars and registration fees for events that are going elsewhere right now.


While MMA is known for its quick endings, this battle in Albany, New York has been a long and bloody one, one which it looks like will finally come to a decision and it will be a good one for a still fast-growing sport popular more with millennials than anyone else.  Controversial and entertaining to many MMA is, now with a potential new home not far from Madison Avenue

NFL Opens The Pay Fantasy Door For Teams

NFL Opens The Pay Fantasy Door For Teams
Joe Favorito @JoeFav



The end of this week’s NFL meetings in Arizona brought about what could be seen as a big crack in the armor for pay gaming and the gridiron. According to Dan Kaplan of Sports Business Journal, the league will allow daily fantasy deals for one year, formalizing a policy that has been more restrictive than the NHL and NBA and had forced several teams into a difficult situation when looking at new in-market revenue streams. The one year deals with companies like FanDuel and DraftKings will have a one year team opt out according to Kaplan, but will open a door that could be very lucrative for individual clubs, especially given the huge dollars that flow into fantasy football already every year. Which teams will formalize agreements now that the option is open remain to be seen, with one, the New England Patriots Jonathan Kraft’s Kraft Sports Group, having an equity stake in Boston-based Draft Kings.

The announcement in Arizona comes at a time when baseball, also with a small stake in fan Duel through MLB Advanced Media, should also be entering into the daily pay fantasy world more than ever before, although league sources say no deal is imminent as Opening Day comes into view this weekend. MLB Commissioner Rob Manfred said recently that he felt it was time to take a look at all forms of legal wagering as a revenue stream, echoing the statements that NBA Commissioner Adam Silver has made in recent months as well.

The NFL meanwhile has been the most silent on any kind of pay fantasy or gambling talk, with its owners most concerned about the ill-will that could be fostered from gambling talk, especially coming off a recent period of negative publicity that has damaged the NFL shield, but not its coffers. Whether one year deals will reap a windfall for fantasy businesses who choose to align themselves with teams remains to be seen, but the amount of money spent in marketing to NFL fans through broadcast and digital buys by the two biggest players in the market was at record levels in the tens of millions last year. Official designations with teams would allow any company to use the marks of their respective partner and could open up digital and in-stadium activation, but without a longer play the company runs a big risk of losing equity should the league change its stance, or create a league-wide partnership beyond 2016.

Regardless, the openness to accept pay fantasy partners is a signal of an acceptance trend that seems to be a long time in coming, and could be yet another escalation in a business, pay fantasy and legalized gambling, which many experts say could be a billion dollar industry within five years

Sportsjam’s Doug Doyle talks with TheDailyPayoff Scandale

The Daily Payoff Co-Founder Frank Scandale
Episode: 2015-03-25. Frank Scandale is the co-founder of The Daily Payoff, a website dedicated to informing the public about the gaming and gambling industry. Scandale, a long-time New York Mets fan, is a former editor with The Record (Bergen County) and The Denver Post.

 

see more here http://www.wbgo.org/internal/mediaplayer/?device=m&podcastID=6207&type=sportsjam

New York Lottery: $58 million Mega Millions jackpot ticket bought at Penn Station

The single ticket — worth a lump-sum cash option of $38.3 million — matched all five numbers 2, 23, 32, 45, 55 and the Mega Ball of 12, and was purchased at Carlton Cards, 1 Penn Plaza, according… The single ticket — worth a lump-sum cash option of $38.3 million — matched all five numbers 2, 23, 32, 45, 55 and the Mega Ball of 12, and was purchased at Carlton Cards, 1 Penn Plaza, according to the New York Lottery’s website. Also for Tuesday’s drawing, one Mega Millions ticket worth $1 million was purchased at Kings Park Stationers, 56 Indian Head Rd., the lottery said.