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Gambling and Sports Betting News Wire - December 4, 2019: Jambos Picks Under Fire

Written by:
C Costigan
Published on:
Dec/04/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Wednesday December 4, 2019.


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Jambos Picks Under Fire

Former Philadelphia Phillies pitcher, Michael Schwimer, tout service is not all that it’s cracked up to be.

The picks service is called JAMBOs picks and claims to have an advantage derived from proprietary data sets and superior algorithms.

They even offered a stunning $10K for those who failed to get in the black.

In this article from Sports Handle we explore JAMBOS’ offering, its very misleading advertised metrics (accuracy, ROI, profitability), and consider the fate of the service. Given the scope and magnitude of JAMBOS’ early media reach, and the probability of an imminent collapse, what follows may create some negative impressions in a young and growing legal sports wagering market in the U.S. Hence the concerns, when JAMBOS and the purported guarantee first entered the stage.  READ MORE

Case Dismissed Against Trio Allegedgly Trying to Cheat Casino Out of $500K

Foxwoods Resort Casino in Mashantucket, Connecticut, contends that a couple conspired with one of its former table game dealers to swindle more than $500,000 in illicit winnings on mini-baccarat in 2014.

But that case has now been dismissed more than five years after their arrests.

On Tuesday, New London Superior Court Judge Hillary Strackbein said Yan Wang, 40, Boheng Zhang, 36, and George Zhu, 47, had all met their accelerated rehabilitation pretrial conditions, and therefore their cases were dismissed.

Police contend that Wang and Zhang, a married couple from Bayside, New York, colluded with Zhu to help them win in mini-baccarat.

Source: Casino.org

Our Free Picks Record as of December 4

2019 NFL Record: 3-10 (0%)

2019 College Football Record: 4-2 (66.6%)

2019 MLB Record: 26-18-2 (59%) - No Plays Over -160

2018-19 College Basketball Record: 12-9 (57.1%)

2018-19 NBA Record: 7-5 (58%)

2018 MLB Record: 45-35 (56.2%)

2018 NBA Record: 12-4-1 (75%)

December 3, 2019

December 2, 2019

December 1, 2019

November 2019

October 2019

September 2019

August 2019

- Aaron Goldstein, Gambling911.com

Gambling News

Unmasked Man Removed in Handcuffs From Vegas Casino

Unmasked Man Removed in Handcuffs From Vegas Casino

Video of a gambler in Las Vegas being cuffed by security for refusing to wear a mask in the 4 Queens Casino has surfaced on The Sun website, not to mention headlining the Drudge Report.

"Evolve or Die": Tribal Chief Talks Draftkings Partnership in MI

"Evolve or Die": Tribal Chief Talks Draftkings Partnership in MI

Bryan Newland, chairman of the Bay Mills Indian Community, explained why his tribe was so quick to partner with Draftkings in an effort to bring legalized sports betting to Michigan.

PGA Tour Next Frontier for Gambling? Wirecard Processed for Mafia-Controlled Casino

PGA Tour Next Frontier for Gambling? Wirecard Processed for Mafia-Controlled Casino

PGA Golf is looking to make a major impact in the world of legalized gambling and sports betting.

Hill's Asher in Line of Fire Following Twitter Tirade Attacking Offshores

Hill's Asher in Line of Fire Following Twitter Tirade Attacking Offshores

VSiN's Gill Alexander @beatingthebook is the latest to lash out at William Hill CEO Joe Asher for his attack on the offshore sports betting industry.

Is Gambling a Business?

Is Gambling a Business?

Gambling is not just a business, but a multi-billion dollar worldwide business that people have been involved in one form or other since the beginning of time. However, nowadays it is a very serious business that earns people unprecedented amounts of money.

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