..

Gambling Sites, Pay Per Heads Prepare for Big Betting Week Ahead

Written by:
Tyrone Black
Published on:
May/12/2019

While we don't typically think of Mid-May as high season when it comes to peak sports betting, 2019 will most certainly be a rare exception to that rule.


*6 weeks free trial - test drive - best in the biz
*Deposit with Bitcoin - They'll double it!
*Get your own domain, customized website, logo
*Switch in under an hour, earn mrore $$ for doing so
*Odds featured on DonBest.com
*Thousands of betting options daily + live in-play
*Easy and discreet payment options include gift cards
*Walmart gift cards also accepted
Start Earning Money From Your Sheet Here

Beginning May 16, we have the much anticipated PGA Championship.  This tournament takes on greater meaning with Tiger Woods coming off his stunning Masters victory, capping off a near decade comeback.

Woods also promises a very sweet payout of $90 on every $10 bet should he win.

Tiger's Masters win resulted in the most futures bets ever paid out on a single event.

Bloomberg's Brandin Kochkodin warned:

Wood’s resurgence means he’ll attract even more money this time, but if a sports book tries to redirect the flow to other golfers by tweaking the odds -- say, moving Tiger from an 8-1 shot to the 6-1 favorite -- the casino risks the money walking out the door for a higher payout across the street, or to a phone app.

“People are willing to overpay to bet on Tiger Woods,” said Adi Wyner, a professor of statistics at the University of Pennsylvania. “Casinos see this as a huge opportunity, but it’s very risky. They can attract a lot of action if they give odds that are closer to the truth, but it can lead to an unbalance.”

Bets can be placed throughout the tournament right up to the final day.  Some books do offer LIVE IN-PLAY during the tournament.  Most feature updated odds in between days of play.

The books giveth and the books taketh away....literally.

That's what happened at the Kentucky Derby last week when Maximum Security was initially declared the winner and the books looked like they were going to pay out a whole heap of money again.

Instead, Maximum Security ended up disqualified for interference approaching the finish line.  One of the biggest long shots in Derby history, Country House, galloped off the winner.  Few gamblers had money on him however.

In modern times, the Preakness Stakes helped filled a void for reduced wagering during the month of May.

This year's Preakness Stakes could prove to be a bummer following one of the most watched Kentucky Derby races of the past twenty years. 

There will not be a Triple Crown as Country House was scratched early due to breathing problems.

Of course there are the NBA and NHL Playoffs as well as Major League Baseball.

- Tyrone Black, Gambling911.com

Gambling News

Hard Rock, Seminole Gaming Win Corporate Social Responsibility Award

Hard Rock, Seminole Gaming Win Corporate Social Responsibility Award

Hard Rock International and Seminole Gaming have won the Corporate Social Responsibility Award from the National Council on Problem Gambling (NCPG).  The award recognizes the PlayersEdge casino team member training program, which was introduced in December, 2019.  The award was presented at the recent NCPG Digital Symposium and National Awards Ceremony.  In 2014, Seminole Gaming also received the Corporate Social Responsibility Award from NCPG.

PointsBet to Partner With Denver Nuggets, Colorado Avalanche, More

Sports Illustrated Gambling has learned exclusively that PointsBet Sportsbook has entered into a multi-year partnership with Kroenke Sports & Entertainment, LLC ("KSE").

New Gambling Law in the Netherlands Explained

New Gambling Law in the Netherlands Explained

From rumors to reality, the law that would legalize online gambling in the Netherlands is finally enacted by the Dutch parliament. The Remote Gambling Decree was presented to the parliament, along with two different letters filled with answers responding to questions that had earlier been raised at the previous parliamentary debates. The major points of discussion were in regards to extending the cooling-off period by six-months and whether or not to prohibit the advertisement of online gambling services. At the end of the day, the cool-off period was extended and the proposed ban on advertising was denied. 

Are Online Casinos Legal in the Netherlands?

Are Online Casinos Legal in the Netherlands?

The much-anticipated new gambling regulation in the Netherlands is changing the scene of online gambling and the gambling industry as a whole. The ministry overseeing the new gambling regulations has announced that the new legislation would transform the Dutch gambling industry. After several years of lurking in the shadows, online casino and gambling vendors are now free to roam and legally promote games to Dutch players. So yeah, online casinos have now been made legal in the Netherlands, but with a lot of rules and guidelines, enough to stifle the joy of the news. 

When is a Sportsbook is Responsible for Their Faulty Lines, Koepka a Liability

When is a Sportsbook is Responsible for Their Faulty Lines, Koepka a Liability

""At what point does a sports book become responsible for their own errors?"

Syndicate