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Posts Tagged ‘sports betting’

No need to panic in San Antonio

The Western Conference No. 1 seed San Antonio Spurs didn’t exactly tear it up down the stretch as they headed into the NBA Playoffs, even getting overtaken for top spot overall in the NBA by the Chicago Bulls on the last day of the regular season. And that indifferent play continued into Game 1 of their opening round playoff series Sunday, when they were stunned 101-98 by the No. 8 seed Memphis Grizzlies , a game in which the Spurs had been a 6.5-point home favorite. It was the first ever playoff win for the Grizzlies franchise. But the Spurs have no intention of making major changes or adjustments for Game 2 of the best-of-seven series Read More

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Point Shaving scandal represents dark side of sports betting

The dark side of sports betting has been revealed this week with news of an alleged points shaving and basketball gambling ring at the University of San Diego . Federal authorities say 10 people have been charged them with running a sports betting business that affects the outcome of games. Any time the FBI is involved in something, you know it’s serious. The NCAA says it plans to conduct its own investigation after the FBI completes its work. NCAA vice president of enforcement Julie Roe Lach called the allegations sad, which may be the understatement of the year. But she did add that they are very serious. The charges were unsealed on Monday in San Diego. Those charged include Brandon Johnson, USD’s career scoring leader who is now playing in the NBA Development League , as well as former assistant coach Thaddeus Brown and former player Brandon Dowdy. On Tuesday, eight of the 10 people pleaded not guilty in federal court. Six of the eight defendants were granted bail ranging from $35,000 to $50,000. Read More

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Legalized Internet Gambling Likely?

Leave it to the credit rating companies to make a push that could see Internet Gambling legalized in the United States.On Monday, a prominent credit rating agency said it sees Internet gambling gathering momentum in various states and in Congress. Fitch Ratings , the agency whose bond ratings the state of Massachusetts uses as a measure of the state’s economic strength, said in a new report that legalized online gambling is “increasingly likely.” It said the changes may happen on either a regional basis or at the federal level.“Multiple states have been considering intrastate online gaming proposals, new federal proposals are being discussed, and the budget outlook at both state and federal levels remains strained,” according to the Fitch analysis. “Companies have been ramping up online initiatives and/or entering into alliances, such as Wynn-PokerStars and Caesars-888 Holdings .” Read More


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My latest video 4/5/11

Tiger Woods no favorite heading into The Masters

Tiger Woods will tee-off at Augusta for the 2011 Masters Tournament this week, and for the first time since he burst on to the PGA Tour in the ‘90s, Woods is not the favorite to win the prestigious event, one of golf’s four grand slam tournaments.
Just a couple of years ago, it would have been nearly impossible to comprehend a Masters where Woods was not the man to beat.It’s hard to determine exactly when was the last Masters that Woods was not the favorite at, but this is certainly the first Masters in which Woods has competed in which he’s not the favorite. That fact underlines how far the greatest player the game has ever known has fallen.This is a tournament and a course that suits his game best. And it’s a tournament that Tiger has won four times.There were Masters tournaments in the past, as recently as two years ago, when Woods was at even money to win the Masters, which says a lot about how dominant Woods once was in general, and how he owned Augusta in particular. Read More

 

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Listen to my latest PodCast 4/4/11

NCAAB Championship Game Tonight

It all comes down to one night, when the (March) Madness comes to an end and a new College Basketball champion is crowned in Houston.The No. 3 seed Connecticut Huskies and the 8th-seeded Butler Bulldogs meet in the 2011 NCAA Men’s Basketball Championship Game on Monday at Reliant Stadium (9:23 pm ET, CBS).Butler (28-9 SU, 20-14-1 ATS), last year’s Cinderella team, bounced this year’s Cinderella right out of the Big Dance, crushing the hopes and dreams of the Virginia Commonwealth Rams with a 70-62 victory in their Final Four matchup on Saturday.The Bulldogs cashed as a 3.5–point favorite and the score crept over the total of 130. The Bulldogs know all about crushed dreams: Last season, the Bulldogs went all the way to the NCAA title game only to lose a 61-59 heartbreaker to the Duke Blue Devils. Guard Shelvin Mack scored 24 points for Butler on 8-of-11 shooting from the floor, but he was one of the few offensive standouts on either team, as both the Bulldogs and Rams shot less than 40 percent from the floor.

Meanwhile, Connecticut (31-9 SU, 22-12 ATS) is the last hope of the Big East conference, which sent a record 11 teams to the NCAA Tournament only to have just two (the Marquette Golden Eagles were the other) remaining going into the Sweet 16. UConn edged the Kentucky Wildcats 56-55 in the second Final Four game Saturday, cashing as a 2-point underdog. The score went well below the total of 138.5. The Huskies will be gunning for their third national championship. The Huskies’ defense has been huge during March Madness, limiting opponents to 59 points per game. Kentucky shot just 33.9 percent from the floor. The Huskies are a 3.5-point favorite and the over/under total is at 129 points in NCAAB Odds.

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