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Gambling and Sports Betting News Wire - June 14 2019

Written by:
C Costigan
Published on:
Jun/14/2019

Here are today's headlines in the world of gambling and sports betting as they happen - Friday June 14, 2019.


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Gambling911 Pick Comes Through in Come-From-Behind 9th Inning

10:57 pm ET - Our Atlanta Braves pick came through, but it wasn't easy.  Atlanta trailed throughout their game against the Phillies.  Coming into the 9th inning, Atlanta was behind 6-8.  With two outs and down one run, Brian McCann singled to center allowing to other runners to score.

Here is our updated record:

Our Free Picks Record June 14

2019 MLB Record: 17-9-2 (65.4%) - 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%)

 

Brewers are a Heavily Backed Team This Evening

5:40 pm ET - The Milwaukee Brewers are seeing around 86% of the moneyline action Friday evening.

There is no indication of what the mindset of the books are here.  Though we may have an indication by gleaming over Pinnacle's line movement from Brewers -150 to -135.  That's a 15 point shift downward with all this action on Milwaukee. It's back up to -142 heading into the 6 pm ET hour. 

Let's me clear.  This price is way too low. Look at Zach Davies starting for Milwaukee and you quickly realize why everyone is backing the Brewers. 

PITCHING MATCHUP: Brewers RH Zach Davies (7-0, 2.41 ERA) vs. Giants LH Drew Pomeranz (1-6, 7.16)

Davies picked up his seventh win in as many decisions when he held Pittsburgh to three runs and seven hits - one homer - over five innings on Saturday. The 26-year-old went eight innings in 107 pitches in his previous turn but needed 101 pitches to get through five frames in Saturday's outing. Davies faced San Francisco at home last September and scattered two runs along with six hits over five innings without factoring in the decision.

Pomeranz turned in his most encouraging outing in over a month when he yielded three hits and struck out seven over five scoreless innings against the Los Angeles Dodgers last Friday. The former All-Star did not complete six innings in any of his last six turns and was lit up for eight runs over 1 1/3 frames at struggling Baltimore on May 31 before picking things up last time out. Pomeranz last saw Milwaukee as a member of the Boston Red Sox on May 9, 2017 and was knocked around for six runs across four innings in that outing.

Always keep in mind that San Francisco has one of the better bullpens, and it's what's keeping this team from being buried beneath the basement right now.

There is no denying Milwaukee has value with this price, but this one is just a little too good to be true.

Fine Levied Against Online Casino Operator Platinum Gaming Limited

2:00 pm ET - Platinum Gaming Limited has been ordered to pay a fine approaching £1.62 million ($2.04 million).

The company is accused of violating the UK Gambling Commission's money laundering and social responsibility rules.

It operates the Unibet Casino and Bingo.com platforms.

From EuropeanGaming.com:

During Commission enquiries it was revealed the customer’s deposits were so high and losses so significant Platinum Gaming should have considered refusing or barring service to the customer. Instead the operator continued to allow the customer to gamble.

The action comes as the Commission was probing Unibet for allegedly permitting ‘a convicted fraudster’ to bet with stolen money on their site.

What Happened to Your Bet With Suspension - Cardinals-Mets

CORRECTION WHERE WE PREVIOUSLY NOTED THAT THERE WAS NO ACTION ON THIS GAME: MOST BOOKS COUNT THE HOME TEAM IF LEADING PRIOR TO THE INNING THAT GETS SUSPENDED.  IN THIS CASE THE METS WERE GRADED MOST BOOKS AS THE WINNER AS ST. LOUIS TIED IN THE 9TH WHEN GAME WAS SUSPENDED.

Updated US Open Odds

10:21 am ET - Updated US Open odds: Rose +650 Koepka +800 McIlory +800 Fowler +900 X +1000 Tiger +1400 Molinari +1600 DJ +2000 Place Bets Here

Bitcoin At $1 Mil By 2020 Is Still Possible and Might be a Bargain

10:02 am ET - Best-selling author and former hedge fund manager James Altucher is not backing down from his $1-million-dollar bitcoin call that he boldly made back in 2017. His timelines may be a little different however. Altucher made the call two years ago when bitcoin was trading around $11,000, he called for the crypto to hit $1 million by 2020.

Bitcoin 'Supply Shock' Is Looming, Warns Venture Capitalist

10:02 am ET - A U.S. venture capitalist has praised bitcoin's "exciting" progression in recent months and years but warned the market is heading for a "supply shock" thanks to next year's closely watched bitcoin halvening event, now just 342 days away.

"What I think might be happening is an anticipation of a coming supply shock in 2020," Alyse Killeen, managing partner of StillMark Capital told Bloomberg, a financial newswire. "In 2020 we'll have just half the daily supply of bitcoin that we do now."

"While we're looking ahead to this supply shock and halvening event, we're also seeing greater demand for bitcoin and new on-ramps for more familiar and conventional sources. There's the anticipation that there will be a broader group of users and consumers who have an appetite for bitcoin," Killeen said.  Read More From Forbes Here

Warriors Again Favored to Win 2020 Championship, Lakers 2nd Fav?

9:24 am ET - No surprise that the Golden State Warriors are favorites to win the 2020 NBA Championship, but where are the new champs Toronto Raptors?  And the Lakers are the second favorites?

The Lakers are now at 5/1 odds at Westgate.  The Lakers were +1800 to win the title as early as of a few weeks ago.

The Raptors won the Championship last night in Game 6 on the Warriors turf.  They are listed at 10/1 odds.  That's 5th shortest.

Odds are current from Westgate and how they have progressed over the past month-and-a-half.

PLACE YOUR BETS HERE

Warriors    350    175
Lakers    500    2000
Bucks    600    450
Clippers    800    1600
Celtics    1000    700
Raptors    1000    2000
Rockets    1200    1000
Sixers    1200    1000
Knicks    2000    1600
Nuggets    2000    2500
Thunder    2500    2500
Blazers    3000    4000
Jazz    3000    4000
Nets    3000    3000
Mavericks    5000    5000
Spurs    5000    6000
Pelicans    6000    30000
Bulls    10000    10000
Grizzlies    10000    30000
Hawks    10000    10000
Kings    10000    10000
Magic    10000    10000
Pacers    10000    8000
Cavaliers    30000    30000
Heat    30000    30000
Hornets    30000    30000
Pistons    30000    30000
Suns    30000    30000
Timberwolves    30000    30000
Wizards    30000    30000

Our Free Picks Record June 14

2019 MLB Record: 16-9-2 (64%) - 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%)

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