Tag: sports betting

New scene at NBA games: Fans screaming at players about their losing bets
Sports

New scene at NBA games: Fans screaming at players about their losing bets

NBA players have always gotten an earful from fans, whether at home or on the road. It comes with the job.But this season, it’s getting darker.The recent surge in legalized gambling in every pro league, and throughout college athletics, has impacted American sports in ways thought unimaginable just a few years ago. But along with the potential good that hundreds of millions of dollars in new revenues bring to the NBA and other leagues, something new and ominous has arrived: verbal abuse directed at players and coaches based solely on fans’ wagers.GO DEEPERTrotter: With legalized betting, could society be the big loser?Fans can now bet in real-time on their smartphones, on all aspects of the game, including minutiae such as how many rebounds one player might get in the first half, and how ...
Inside the ‘very predatory’ world of illegal betting that lured Shohei Ohtani’s interpreter
Sports

Inside the ‘very predatory’ world of illegal betting that lured Shohei Ohtani’s interpreter

In the story Shohei Ohtani’s interpreter Ippei Mizuhara initially told to ESPN, the two men logged into Ohtani’s bank account together on eight or nine occasions in 2023 and wired increments of $500,000 to Mathew Bowyer, an alleged illegal bookmaker under federal investigation. In the story Ohtani told the public days after Mizuhara recanted his initial claims and was fired by the Dodgers, the interpreter stole the money to pay off his gambling debts.Both versions of the story generated a question that stumped the general public: Why would a bookie extend a line of credit of at least $4.5 million to someone who said he was drawing an $85,000 salary as an interpreter with the Los Angeles Angels? The scenario was easier to understand for those acquainted with the inner workings of gambling ...
Mark Cuban to sell majority stake in Mavericks to Miriam Adelson, but keep hand in operations: Sources
Sports

Mark Cuban to sell majority stake in Mavericks to Miriam Adelson, but keep hand in operations: Sources

By Shams Charania, Mike Vorkunov and Tim CatoDallas Mavericks owner Mark Cuban is selling a majority stake of the franchise to Miriam Adelson and her family for a valuation in the range of $3.5 billion, league sources said. Cuban, however, will retain shares in the team and full control of basketball operations.Las Vegas Sands Corp. announced Tuesday in a SEC filing that Adelson was selling $2 billion worth of stock in the company to put towards buying a majority stake in a sports franchise, along with her own cash. This is approximately 10 percent of her stake.“We have been advised by the Selling Stockholders that they currently intend to use the net proceeds from this offering, along with additional cash on hand, to fund the purchase of a majority interest in a professional sports franc...
Panthers fire Frank Reich after 11 games, shortest head-coaching tenure since 1978
Sports

Panthers fire Frank Reich after 11 games, shortest head-coaching tenure since 1978

The Carolina Panthers have fired Frank Reich after 11 games, owner David Tepper announced Monday morning. Special teams coordinator Chris Tabor will serve as interim coach.Later in the day, the Panthers also fired quarterbacks coach Josh McCown and running backs coach Duce Staley, a league source said. pic.twitter.com/ewX2UsICZM — Carolina Panthers (@Panthers) November 27, 2023Reich’s firing comes two weeks after he took over play-calling duties from offensive coordinator Thomas Brown — three games after delegating the responsibility to Brown in Week 8. Carolina fell to 1-10 on Sunday in a 17-10 loss to the Tennessee Titans.Brown will resume calling offensive plays with senior assistant Jim Caldwell serving as a special adviser, Tepper said.GO DEEPERA stadium takeover, a 3-TD loss for Pan...
ESPN launches sportsbook in move to cash in on sports betting boom
Money

ESPN launches sportsbook in move to cash in on sports betting boom

ESPN jumping into sports betting ESPN jumping into sports betting 00:26 The biggest name in U.S. sports broadcasting is putting its money on the lucrative gambling industry, launching an online betting platform that will initially be available in 17 states. ESPN teamed with Penn Entertainment, a provider of sports content and casino gaming experiences that previously launched the sportsbook for Barstool Sports, to create the betting service, dubbed ESPN Bet. The platform went live for ...
NCAA president Charlie Baker blasts “prop bets,” citing risk to game integrity in college sports
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NCAA president Charlie Baker blasts “prop bets,” citing risk to game integrity in college sports

Since he took over as president of the NCAA earlier this year, former Massachusetts Gov. Charlie Baker says he has grown deeply worried about the impact legal gambling is having on college athletes and the integrity of amateur sports — and he has acute concerns about a hard-to-trace form of wagering known as "prop bets."Baker said proposition bets, which allow gamblers to place a wager on an individual play linked to a specific player, present a special risk that should not be allowed in college sports. At least eight states permit this type of wager, including Kansas, Nevada and Ohio."I think prop betting in some respects is one of the parts I worry about the most."  Baker discussed his concerns during a lengthy interview with CBS News about the tecton...
Bold predictions for the NBA season, including Wembanyama the All-Star and a Celtics title
Sports

Bold predictions for the NBA season, including Wembanyama the All-Star and a Celtics title

What time is it? That’s right …  it’s time to make some outlandish statements that people will look back on next spring and cackle hysterically.OK, that’s not actually the goal, but it is certainly an occupational hazard. Prognostication makes fools of us all; there are just too many things we can’t possibly have seen coming. Thank goodness for that, actually, as sports would be pretty boring otherwise.That won’t stop me from trying, though. With the regular season starting next week, now is the time to gaze into my extremely hazy crystal ball and make some calls for what will happen in the coming months. In particular, the goal is to make some calls that might go against the tide and are actually, y’know … bold. For instance, “Nikola Jokić will make the All-Star team” is a defensible pre...
NFL Week 4 parlay: Let’s make some money
Money

NFL Week 4 parlay: Let’s make some money

While Week 3 featured some blowouts, Week 4 should offer up some closer games. There are not as many big favorites and the 1st London game takes place when the Atlanta Falcons (2-1) face the Jacksonville Jaguars (1-2). After looking at FanDuel Sportsbook’s NFL Week 4 odds, here’s our “Let’s make some money” NFL parlay bet to cash in on among SportbookWire’s NFL expert picks and predictions. FOOTBALL NEVER STOPSLive games, analysis and more 7 days a week: Get ESPN+ NFL Week 4: Let’s make some money parlay Odds provided by FanDuel Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated Thursday at 5:13 a.m. ET. All games Sunday and ET unless noted. Leg 1: Steelers at Texans UNDER 41.5 (-105) – 1 p.m. (CBS) There is certainly a risk taking ...