The Easy Way to Make Money Betting on Horse Races

Here is the easiest way to make money betting on horse races.  First, start with a really good horse.  This is relative.  For instance, in a $5,000 claiming race, a horse that could race competitively in a $25,000 claimer would be considered a really good horse.  So what you are looking for is a situation with a horse that far out classes the competition.  I’ll explain two ways to find this situation.

If the horse really had a problem that was that bad, why would they keep running it knowing they were going to lose?  The answer is that they wouldn’t.  The only reason that horse is running is to convince the betting public that it is a bad bet and can’t win.  It’s a set up.

Like I said.  Look for a horse that is dropping like this and also see if there was a change of ownership, either by sale or claim, around the time it had its one good race.  That is the tip off.

That is how you make money betting on horse races.

First, the easiest and surest way to get this situation is to create it yourself.  You need to buy a horse.  It doesn’t have to be a great horse.  It does have to be sound enough to run some races.  Let’s say you buy a horse that just raced competitively in a $10,000 race.  The owner is considering dropping the horse into an $8,000 race.  He or she thinks that he may be able to win the race and get the purse, as well as cashing a ticket on his horse.  On the other hand, that is risky.  If you offer him $10,000 for the horse, he will probably sell it to you.

Now enter it in an $8,000 claimer and lose badly.  Of course, when I say lose badly I mean the jockey has to hold it back and make it lose by a huge margin.  This will scare any would-be claimers away from your horse.  Now it looks terrible and they start to suspect that it has a big time physical problem.  Front wraps on the horse are often a nice touch at this point to drive that home.  The next step is to lose again at the $8,000 level.

Believe it or not, this very scenario happens all the time at the races and you, the m88 asia bettor, are the one who is being scammed.  So what is plan B?  If you can’t afford to buy a horse and run this little scam yourself, the next best thing is to spot the wise guys who are.  Look for a horse that just keeps dropping and losing by big margins after doing fairly well in one race.  If you can spot one good race four or five back and then the horse starts dropping down the claiming ladder, something is up.

I know what you’re thinking, why buy a horse that just lost a $10,000 horse race for $10,000?  Why not just wait until it races for $8,000 and claim it?  Because you don’t want it to race for $8,000 just yet and when it does race for $8,000, you want it to lose badly.  Now, after you’ve bought said horse, the next step is to enter it in another $10,000 race and lose badly.

Now enter your horse in a $5,000 claimer.  Lose badly.  By this time you’ve spent a fortune on trainer fees and paying a jockey to hold the horse back.  Now enter the horse in another $5,000 claimer.  At this point it will probably also get a weight allowance from the racing secretary because it looks like the horse is over matched even in the $5,000 claimer.

Now give the rider the green light and go for the win.  Do not bet early on your horse to tip the crowd.  Steadily pour the money in and get as much as you can into the exotics as well so the money won’t be too obvious.  You will make a huge score.  Your trainer will get called into the racing secretary’s office to explain the dramatic turn around in form.  Racing secretaries have to do this.  Have the trainer tell the official that the horse had a problem like a blockage that affected its breathing and that once the problem was solved, the horse could run a big race.

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Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

For example, a quarter of poker players chose to bet on unregulated networks.

In North America, online gambling was legalized in three US states by early 2014, with online gambling revenues surging to millions in the first months of legal operation.

- Betfair Group

- Paddy Power

Europe has been a leader in adopting regulation regarding online gambling, but as the activity spreads, new measures are being enacted.

Online gambling is only starting to emerge in Africa. Mobile gambling is expected to grow at double-digit rates and to reach over 40% of the total online gambling market by 2018, as the number of mobile gambling users increases by a hundred million.

- These market reports inform top managers about recent market trends and assist with strategic company decisions

Companies Mentioned

- William Hill Online

About Research and Markets

- 888 Holdings

In the largest Latin American market, Brazil, gambling and betting is forbidden except for horse racing. As a result companies get a precise and unbiased impression of the market situation.

- Ladbrokes

In France, online gambling and betting has been legal since 2010, but many gamblers turn to illegal sites. The authors observe: while land-based lottery and casinos still dominate the gambling scene, online real-money gambling and betting are growing rapidly.. However, offshore gambling websites are popular among Brazilian gamblers, who spend several hundreds of EUR million annually on offshore sports betting sites.

- PokerStars

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

The regulatory landscape on online gambling and betting is varied. The majority of Western European countries have some laws in place to channel online gambling and betting. Among the findings of the reports researchers is that the online gambling and betting segment is increasing, enhanced by the spread of smartphones and tablet computers. In South Africa, online gambling awaits legalization in 2014.

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online) has announced the addition of the “Global Online Gambling Betting Market 2014″ report to their offering.

Italy has one of the most advanced regulatory arrangements regarding online gambling in Europe. This ensures that the content of the original studies is correctly interpreted.

Regional variations in legislation and acceptance of online gambling and betting

The major trends in online gambling and betting globally are mobile and social gambling. Total online gambling fun88no1.com revenue in Italy recently reached a high number in hundreds of millions of Euros, with poker constituting the largest segment.

- The analyses, statistical reports and forecasts are only based on reliable sources including national and international statistical offices, industry and trade associations, business reports, business and company databases, journals, company registries and news portals.

Global Online Gambling and Betting Market 2014 depicts the latest trends and developments in the field. The global online gambling market has a current value estimated at a medium double digit number in billions of Euros, with growth expected between +7 and 10% annually in the next few years.

- The author’s international employees research and filter all sources and translate relevant information into English. In Australia, which leads the world in terms of per person gambling, online sports betting and gambling has been growing by over 30% annually, while the growth of the total gambling market does not exceed 5%.

Regulation of online gambling and betting in Germany and Russia lag some of their neighbours.

Product Information:

The leading online gambling and betting companies worldwide include PokerStars, Bwin.Party, William Hill Online, each of which annually generate online revenues of over EUR 0.5 billion.

Online gambling and betting is spreading in the Asia-Pacific region. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Trends in online gambling and betting.

- The authors provide secondary market research: By using various sources of information they ensure maximum objectivity for all obtained data. In North America and major Asian countries online real-money games are yet awaiting progress in regulation. In the USA, online gambling is legal only in three states and in many Asian countries gambling and betting is allowed only in casino resorts.

- Bwin.Party

Research and Markets is the world’s leading source for international market research reports and market data. The first regulated online gambling website in Kenya was launched in 2013. Progress in online betting regulation in Germany is expected in 2014, as several operators have applied for the first online sports betting licenses.

The spread of online betting and gambling is forcing governments to act to regulate

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Wimbledon 2010 Roger Federer vs Tomas Berdych Betting Odds

Berdych, who reached the semifinals at last month’s French Open, won the match 4-6, 7-6 (7-1), 7-5, 6-3 after serving up 20 aces and winning 62 of his 77 first serve opportunities.

Roger Federer labored his way through the first two matches at Wimbledon, but he returned to his typical championshipWimbledon 2010: Roger Federer vs Tomas Berdych Betting Odds form in scoring third and fourth round victories over Arnaud Clement and Jurgen Melzer, respectively. The Swiss champ played a highly efficient match, committing just 11 unforced errors while hitting 28 winners..

Roger Federer -700

Tomas Berdych +400

m88u.com Wimbledon 2010 Roger Federer vs Tomas Berdych Betting Odds:

It looks like Roger Federer is back and that is bad news for his quarterfinals opponent, Tomas Berdych. Melzer, who Federer dispatched on Monday by a score of 6-3, 6-2, 6-3, won just 15 of 63 receiving point opportunites in the loss. However, Berdych has the skills to challenge the six time Wimbledon winner, which he will attempt to do at approximately 8:00am ET tomorrow morning. Wimbledon 2010 Betting Odds at SPORTSBETTING.com like Federer, though, to the tune of -700 moneyline odds.

The 24 year old Berdych, who hails from the Czech Republic, has produced a 2-8 record in 10 career meetings with Federer; however, he did win his last match against the ATP’s second ranked player, a 6-4, 6-7, 7-6 victory at the Sony Ericsson Open in Miami earlier this year. Federer is a perfect 4-0 against Berdych in their four previous Grand Slam matches, including a 6-3, 6-3, 6-4 straight sets win at Wimbledon in 2006.

Federer has now reached the quarterfinals or better in 25 consecutive Grand Slam events, a streak that dates back to the 2004 Wimbledon Championships.

Tomas Berdych advanced to the quarterfinals at Wimbledon for the second time in his career with a four set victory over Germany’s Daniel Brands on Monday

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Advice on Sports Betting

The accessible funds must be ample enough to coat any trailing stripe you may have and sufficient to gradually pick up flipside into profit. It should be one that has revealed to return constantly over a long phase of instance. Afforded your method is a winner and your gambling pool and gambling plan is appropriately worked out inside that scheme, then ultimately your losing stripe will twist around and your method will become lucrative once more. It must not be also complex. This is a vital piece of games betting guidance.

Becoming triumphant at gambling on games is attainable but having an approach and fastening to it is vital for that to occur. It is when effects start to go erroneous and you have go on boarded upon a trailing stripe that the regulation of sticking to your scheme and staying inside your betting plans suits the most hard thing to do. To know about different sports betting techniques visit this link.

If are not somebody who can waited restricted and alerted on whatsoever betting approaches you are with then you ought to not even think taking it up as a severe alternative. Here are presently a few oddments of sports gambling guidance that will assist you return from this potentially productive marketplace.

Betting Through Bank

The most significant piece of games betting suggestion I can provide you is – find a scheme that is a confirmed victor. A betting plan must typically be from 1% to 2% for a method that entails you to enlarge your gambles after a slaughter and from 5% to 10% for a method that remains level bets at all instance.

Your gambling bank or staking arrangement must be worked out in combination with your gambling methods. If your methods are so perplexing that you are unsure you are receiving it precise then, noticeably it is useless to you.

Choose a system which is already proved

Discipline

Author’s Bio: .

Sports betting champ provide unique content related to betting which will guide you on your journey toward a perfect bettor

How the Sports Betting Line is Made by RJ Bell

“We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor). Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach.

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action.

Experts working for the individual books having a strong opinion on the game

“You either have a passion for it or you don’t,” Seba said. People think it’s much more complicated, but it’s not.”

Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it.

Why the Line Changes

A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error.

Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public. Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years. Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line. That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides. Reasons for such adjustments include:

Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team’s most recent games played and previous games played against that opponent.

Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a “preliminary” pointspread on an upcoming game.

“The main objective is that our clients get equal action on both sides,” Seba said.

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by.

How the Opening Line Is Made

What Is the Line Trying to Accomplish?

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines.

Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10). By moving the line, sportsbooks can influence how the public bets on a particular game. Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’). Of course there is an entire method to the madness on how the opening line is created. If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias. Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game.

For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ½ to try and attract money on the favorite.

Contributed by:

Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC)

Once betting begins, sportsbooks can adjust the line at any time. In doing so they attempt to make more attractive the team that is getting less action.

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks. The power ratings are adjusted after each game a team plays. Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades. If we’ve done that, we’ve done our job.”

Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather. Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line. Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process. . We do this by drawing from past experiences and applying them to current situations. In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf).

RJ Bell

©Pregame.com 2006

Website: http://www.Pregame.com

“The #1 thing for us is to make a line for each game that creates good two-way action.

Moving the line is the oddsmaker’s effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision. Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”

Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account.

The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line “feels right.” This is where common sense and past experience with how games are bet enters into the picture. This usually includes having up-to-date power ratings on each team. For example, the public might have heavy betting interest week after week on a popular college football team such as USC

How to Bet the Kentucky Derby: A Beginner’s Guide

If you’re in it for the thrill of victory alone (and not the money), he’s a good bet.

Betting on Your Picks: “I’ll take $2 to win on the four horse, please.”

In horse racing, you need to bet on what place the horse will come in. The words “first, second, and third,” are replaced by “win, place, and show.” If you think your horse is pretty good but not going to come in first, you can bet that he will “place,” — that is, come in first or second. For a superfecta you pick the top four finishers in the right order. Each horse will have a record of recent races he’s run, what place he finished, and how far ahead of the other horses he was. Give that a good look to see who’s done well recently.

Look for a horse that has won most of his races by a good length. Or you can bet that he will “show,” — that is, come in first, second, or third. Therefore, betting on him won’t yield a big payout. Conversely, betting on a horse with bad odds will pay out a lot of money if they do win. The Kentucky Derby is one and a quarter miles long, longer than any race these horses have run before, so the winner will need stamina.

Odds and Favorites

When you look at a race form there will be a number in parentheses after each horse’s name. Saturday. If your horse comes in any of those positions, you’ll get money.

If you’re sure you’ve got the winner and you only want to place a simple bet for him to come in first, go ahead and bet your money that way. Like it’s name implies, the superfecta pays out big bucks if you manage to get it right.. Horses with lower first number (10 and down) are considered top contenders.

Betting on a horse with good odds will not pay out much money if they win.

Like all sports, horse racing has its own language that can be confusing to casual watchers. You’re trying to hit the sweet spot: a horse with okay odds who you think has a shot at winning.

The favorite going into this weekend is California Chrome, with 5-2 odds. Here’s a quick guide:

Exacta: You pick the two horses you think will come in first and second, in that order.

Trifecta: Pick the three horses you think will come in first, second, and third – in the right order.

Superfecta: You guessed it. He’s dominated all the races he’s run so far and all eyes will be on him. If you’re not going to be in Louisville for the big day, you can head to your local racetrack or off-track betting outlet and place a bet there.

Now it’s off to the races. A horse that goes into the race with 50-1 odds but comes in first place will pay out the most money to the bettor. That number shows what the odds are that the horse will win. You can place your bet anytime up until about 20 minutes before the race goes off at 6:24 p.m. It looks something like this: Vicar’s In Trouble (20-1).

Horses with a high first number (like 20-1 or 50-1) are considered unlikely to win the race. Good luck racing fans!

You’ve got your mint julep and your fancy hat ready for the Kentucky Derby, but are you ready to place your bet on the horse you think will win?

Picking a Horse

There are 20 horses in the field for the Kentucky Derby, though as of now only 19 will be running Saturday (#11 Hopportunity was “scratched.”) All the horses are 3-year-old male thoroughbreds, which means they’re young horses with lots of talent that is still developing and not a ton of experience.

Many casual bettors will pick a horse based on name or looks, but there are better ways to judge the odds for whether a horse has a shot at winning. Say, “I’ll bet $2 on (horse’s name or number) to win.”

If you’re done with the beginner stage of betting, you can up your odds of winning by doing more complicated bets that yield bigger payouts: exactas, trifectas, and superfectas. What’s a superfecta anyway, and how do you bet one?

Here’s our guide to making sense of the Run for the Roses

Using Reverse Line Movement To Win

So what we recommend is to only use the top five each season for each individual sport (in terms of units won). Note that these records are for sides only and do not include totals.

The NFL sports betting is generally considered the toughest sport to beat, yet blindly following this method produced an exceptional 59.2 percent win rate last season, improving the two year record to 328-249-12, 56.8 percent, +59.06 units. We tracked the top five books for each of the pointspread sports for the last two years, as as you can see, this strategy has been profitable in every sport. The records quoted below are based on the bets being made at the triggering books, so beating the move by a half-point or a few cents now and then would actually make your record even better.

So what exactly is reverse line movement? RLM takes place when a large majority of bets are on one team, yet the line moves in the opposite direction. The huge problem with this is that the nfl line, ncaaf line or nhl line may have moved too much by that time, and all of the value has been sucked out of the unpopular side.

By: Manny G

College Basketball sports betting was not too shabby either, with a two-year mark of 492-356-22, 58.0 percent, +91.96 units. This may enable you to get the stale more favorable sports betting line at the time the reverse line movement hits at the triggering Sportsbook. Carib ruled the roost season at 93-66-9, 58.5 percent, +18.55 units after ABC held the penthouse spot in the 2007-08 season.

Now do the sharps win every single time? Absolutely not! However, they are right more often than they are wrong, so being on the same side as the sharps is a prudent strategy over the long run, and again, the best thing is that there in absolutely no conventional sports handicapping necessary..

The proper way to make a sports bet using reverse line movement is to place your bet as soon as there is an RLM of one full point (or 10 cents in MLB and NHL) off of the opening line.

prosportsonline.net

Also, games where over 60 percent of the public are on one side, yet there is reverse line movement of at least 10 cents on the Money Line from the opening number at the top five sportsbooks in MLB and NHL sports betting has also been profitable. All of this will be fun to follow (not to mention profitable) when every sport except baseball are going on simultaneously during the winter months.

http://prosportsonline.net

The highest two-year winning percentage using RLM from the top five books belongs to College Football, which went 480-341-10, 58.5 percent, +95.10 units. It should be noted that many fewer MLB games have qualified so far this season (is the whole world using RLM now?), but smaller profits is still profit.Again, these records are for Money Lines only and do not include totals.Finally, NHL sports betting has picked up 148.49 units in two years, and unlike MLB, NHL had four sportsbooks out of the top five gain double-digit units this past season. Keep a close eye on Canbet here, as that Australian sportsbook cracked the top five both years.

Article Directory: http://www.articledashboard.com

. Furthermore, they list the RLM records for many individual sportsbook, making it easy to spot which books this system is working at and which books it may be best to ignore.

Thus, following reverse line movements is the same thing a following the smart money. This is where an important word of caution is in order though. Quite a few RLM followers watch the moves until almost game time, and then bet accordingly. To illustrate, let us say that San Diego Chargers open at -7 over the Miami Dolohins, and over 70 percent of the sports bets placed on the game are on San Diego. However, instead of the line rising as you might expect, it instead drops to Chargers -6. Sure, using this approach leaves open the possibility of the line turning around and moving back against you, but as you will see in bit, betting as soon as an RLM qualifies has been profitable in every major North American sport such as the last two seasons, so if one line turns around, so be it. This would make Miami +6 the RLM play.

So what causes RLM when the aim of most sportsbooks is to get as close to balanced action on both sides as possible? The answer to this is quite simple: the sharp bettors; the one’s who give sports betting advice. Keep in mind that NCAAB was the most liquid sport in terms of top-five sportbooks however, with not a single sportsbook making the top five both years. RLM takes place when more money/ sportsbook picks are bet by the small percentage of bettors that are on the unpopular side (the sharps) than is bet by the huge majority of players betting the popular side (the squares). Keep an eyes on the top five sportsbooks at Sports Insights though, as NCAAF sports betting has been very liquid in that regard, with only one sportsbook (believe it or not, Bodog) finishing in the top five both years.

To back this up, our friends over at Prosportsonline.net have tracked the records for games where over 60 percent of the public has been on one side, yet there was reverse line movement of at least one full point from the opening number at the top sportsbooks in NFL, NCAAF, NBA and NCAAB. Another important recommendation is to use a slow moving (but reliable) sportsbook. Last year was a good RLM season for NFL sports betting (45-29, 60.8 percent, +11.91), but two sportsbooks that were in the top five in NFL RLM in both seasons.

NBA sports betting has the lowest two-year five-book RLM winning percentage among the 11/10 sports, but then again, every gambler in the world would kill to go 382-301-9, 55.9 percent, +48.90 units, and the 57.5 percent win rate this past season is nothing to sneeze at

How to Make Money Handicapping Horse Races and Betting on Horseracing

If the success rate for handicappers is 5-10% then it is probably 1-2% for those depending upon luck.

On the other hand, the ones who depend upon luck invest nothing but money and very little time. There are many more people, perhaps millions around the world, trying to make money betting on horse races depending upon luck or some other system to be a winner.

Your chances of success are much greater if you educate yourself, prepare, practice, and work hard, but there are no guarantees. The ones who depend upon luck or some other esoteric method are more like lottery players than handicappers, but the thing they all have in common is that all there money goes into the same pool and some from each group will be successful while many will not.

There are thousands of people trying to make a living from horse racing by handicapping the horse races and then betting on horse races. That edge is what separates gamblers from handicappers and is why, in the long run, handicappers win more, but in all fairness, they don’t just win it, they earn it.. The thrill of winning is probably pretty close to the same for each group, though the handicappers also have the satisfaction of working hard and getting rewarded for it.

The way you make money handicapping and betting on horse races is in finding a good bet.

The big advantage that the handicapper has over the gambler is that he or she has an idea of each horse’s chances of winning and therefore, how much a horse has to pay to win in order to make money on such bets in the long run. The only work they do is to walk into the club house and maybe read a simple list of horses and riders.

For some people, horse racing handicapping is an intellectual sport and they prepare themselves and work hard at it

U.S. Treasury warns casinos on illegal sports betting | Reuters

The AGA, citing the Thomson Reuters article, had asked FinCEN about its plans to issue guidance.

The U.S.

The letter reminds casinos that the Bank Secrecy Act requires them to ask gamblers whether their bets are for themselves, and to report any wagers for third parties as suspicious activity. In a statement responding to FinCEN’s letter on Friday, AGA President and Chief Executive Officer Geoff Freeman said the group “welcomes continued guidance from FinCEN.” He added that “members are committed to robust anti-money laundering measures” and that they “invest significant resources to tailor risk-based compliance programs for every corner of the casino, including sports books.”

ST. LOUIS U.S. 22 Thomson Reuters article, which said the department was likely to press casinos to take a greater role in fighting illegal sport book activity.

“In these cases, the intermediaries rarely voluntarily disclose to the casino that a transaction is being conducted on behalf of a third party, thereby disguising the third party’s role in the transaction and obscuring the source of funds used to place the bet. This poses distinct money laundering risks for casinos,” FinCEN said in the letter.

By Brett Wolf

| ST. The letter was dated Dec. states including Nevada, home of Las Vegas. LOUIS

. 1 yields one of the busiest sports book weekends of the year.

The global International Centre for Sport Security reported last year that 80 percent of global sport betting is illegally transacted, and therefore invisible to authorities. National Football League’s Super Bowl on Feb.

Sports gambling is legal in only four U.S. However, illegal sports betting operations around the world, including online outfits, sometimes offset bets they receive by placing casino wagers, law enforcement sources told Thomson Reuters.

FinCEN noted that prior to the news of its planned guidance, it had been “planning on communicating to the casino industry directly with respect to a particular concern in this regard.”

(Reporting by Brett Wolf of the Compliance Compelete service of Thomson Reuters Accelus, Editing by Randall Mikkelsen and David Gregorio)

Regulators and law enforcement authorities are concerned by intelligence suggesting that criminals are making bets with legal sports book operations, using intermediaries, or “runners,” to place bets, the Treasury bureau said.

“While casinos routinely look for suspicious bets at sports books and have worked with law enforcement to identify illegal activity, in some cases leading to criminal convictions, no such oversight exists for the illegal sports betting market,” he said.

“Increases in sports betting conducted on behalf of third parties are facilitating criminal activity and posing a money laundering risk to the U.S financial system,” the Treasury said in a letter made public on Friday. casino industry. It said $140 billion is laundered annually through sport betting. casinos must take steps to combat illegal sports gambling, the Treasury Department has told an industry group in a letter that came just weeks before the Super Bowl, one of the biggest betting events of the year. 24. The letter also reminds casinos that they must take a risk-based approach to compliance, focusing on gaming that presents the greatest money laundering threat.

The letter with guidance for casinos from Treasury’s Financial Crimes Enforcement Network (FinCEN) came in response to a Dec.

The FinCEN letter was addressed to the president of the American Gaming Association (AGA), the trade group for the U.S. The report urged governments to correct what it called a vulnerability of sport betting to organized crime.

Runners have been known to loiter at casinos, keeping numerous mobile phones and tablets near them to receive orders from illegal gambling rings.

Freeman said the risk of money laundering “is far greater in the vast, unregulated, illegal sports betting market than in the highly regulated, legal gaming industry

Delaware Park Patron Wins $100,000 Pro Football Parlay

The customer was the first winner of the 15-team parlay offered at

Delaware Park through the Delaware Lottery since the parlay option

started two years ago.

WILMINGTON, Del.–(BUSINESS WIRE)–The Eagles and Ravens weren’t the only big winners this past weekend. For more information on Delaware

Park, visit www.delawarepark.com.

. Delaware Park is located minutes south of

Wilmington and the Delaware Memorial Bridge and just north of the

Maryland state line on I-95 at exit 4B. Best of all, his ticket cost

only $5.

“We are thrilled that a Delaware Park customer was the first to win the

15-team parlay,” said Delaware Park Chief Operating Officer Andrew

Gentile. A

Delaware Park patron won $100,000 after picking those two teams to win

their games, completing a run of 15 consecutive correct picks of pro

football game winners against the spread. “Sports betting brings a tremendous amount of excitement to our

facility, and there is no better place to watch a pro football game on

Sundays or Monday nights.”

About Delaware Park

Delaware Park is a multi-faceted gaming facility offering guests live

seasonal Thoroughbred racing, year-round simulcasting from around the

globe, live table games, a 20-table poker room and 25-table dedicated

tournament room, 2,500 exciting slot machines on two spacious levels,

one of only three sports parlay betting venues on the East Coast and

White Clay Creek Country Club, featuring a world-class 18-hole

championship golf course

The History Of Racquetball – InfoBarrel

Joe came up with the sport at the Greenwhich YMCA in a handball court. Sobek played both tennis as well as handball but was looking for an extremely fast paced sport that mostly anybody could easily pickup without a large learning curve for the rules. In 1973 Robert left the IRA and formed two other racquetball associations none of which have became as prominent as the IRA.

In 1952 Joe founded the IPRA, The International Paddler’s Racquets Association. Joe named this sport, ‘Paddle Rackets’ which eventually was renamed ‘Racquetball’ by professional tennis player Bob McInerny . Kendler created the IRA, The International Racquetball Association. Soon afterwards in 1969 Robert W. Open championships in Memphis, Tennessee is one of the few tournaments that gets air time.

Today Racquetball has not been growing like it was in the 1970s and 1980s but the fan base stays strong with an estimated 5.6 million players.

. These associations are the International Racquetball Tournament, the Women’s Professional Racquetball Organization and the Legends Tour. Finally, in 2003, the USRA changed their name for the final time to mimic other Olympic sports associations and coined themselves United States Racquetball (USAR).

Racquetball was originally created by a man named Joe Sobek. Sobek continued promoting the sport which was easy for most to pickup since over 40,000 handball courts exist across America.

There are currently three associations that handle professional games. Solidified the rules and created the very first official rule book. When Racquetball is televised, the U.S. Racquetball is not televised very frequently as it is difficult to film and keep track of the ball moving at high speeds. Eventually the IRA became the American Amateur Racquetball Association which changed its name again in the late 1990s to the United States Racquetball Association

Casino-Gaming :: Basic Information Regarding Blackjack

Black jack Tutorial

Ever in your life played Black jack? That is considered a counting game where every cards are given their appropriate numeric value. It is a biggest house good thing about black jack when you play at internet casinos. It is about you beating the casino dealer in the game.

Twenty-one Rules

The player is allowed to take just as much cards as he wants but he has to be wary about busting or groing through the quantity 21.Care and strategic planning is necessary to prevent busting while ensuring is at your closest value to 21. A card with the dealer has one card uncovered so your gamers can easily see. It is essential that you concentrate on your cards and also the dealer’s card while focusing on making a hand that because biggest advantage for winning. Blackjack is all about beating your house. The user can lose either by busting or if the dealer’s hand is much more detailed 21. If your hand of the gamer grows to 21, this is called blackjack. However, if your splits a card, it won’t be highly regarded anymore as twenty-one since they will be individual hands currently. hand is usually similar to 21. Value of the blackjack is 1.5 events from the bet knowning that suggests a bet of $120 will give you a $170 win. However, it the casino dealer and gamblers hands are just 21 or related, then it is considered a push meaning no-one is victorious. It simply gets a push if another card is a twenty-one 10-Ace. The main idea of Black jack is to find the top cards that can provide a sum closest or equal to 21, with no going overboard (bust). Nonetheless, a game of twenty-one is usually a fun and challenging game which gives the pleasure to challenge your house and obtain the opportunity on earning huge.

. The Ace is usually a unique case because it may be valued either 1 or 11 depending on what best suits your hands. Actively playing black jack is strategic and yes it permits you also to turn into analytical and mathematical. The first part of twenty-one is the dealer handing out Two cards to every one from the gamers and finally, to him self. It doesn’t matter just what cards the rest get. Any hand is beaten with a mix of 10 and Ace choice . They 2-10 are valued as is while the face cards are offered value of 10. One other you are facing down. All of the cards of your gamers are facing exactly the same way, either down or up according to the rules on the table. The player is victorious if his number is closer to 21 compared to the hand of the dealer. Keep in mind, a game is about you and your dealer. It doesn’t matter just what the other players have

Suspicious bets mostly around tennis in 2015, report says | Reuters

Tennis governing bodies set up an independent review panel last month following media reports criticising the Tennis Integrity Unit (TIU) for not adequately investigating some 16 players repeatedly flagged over suspicions they had thrown matches in the past decade.

“An alert can be an indicator of suspicious activity. LONDON Tennis accounted for nearly three quarters of all the suspicious betting alerts issued last year, the European Sport Security Association (ESSA) said in a report published on Thursday.

Tennis was more evenly spread globally, led by Asia (19 cases), Europe (18) and North America (14).

(Reporting by Alan Baldwin, editing by Pritha Sarkar/Toby Davis)

For the whole year, soccer triggered 19 alerts while table tennis, ice hockey, snooker and greyhound racing each featured twice.

The review will take at least a year to investigate allegations of corruption in tennis and the effectiveness of existing procedures.

Most of the cases of suspicious betting in soccer occurred in European matches. Africa accounted for nine.

Geographically, 38 of the alerts originated in Europe, 24 in Asia, 16 in North America and 11 in South America.

The spokesman added that factors that can influence results — such as player fitness, fatigue, form, playing conditions and personal circumstances — are analysed and if there are concerns about “suspicious activity” the TIU will investigate the matter.

The organisation, established by regulated bookmakers to monitor suspicious betting patterns and guard against match fixing in sport, said 73 of the 100 events that raised concern involved tennis.

The allegations were further fuelled by former Australian professional Nick Lindahl pleading guilty in January to match-fixing in a minor tournament in 2013.

Match-fixing allegations by the BBC and online BuzzFeed News broke before last month’s Australian Open.

. But it is not proof or evidence that corruption has taken place.”

“The data in our Q4 integrity report reflects previous quarters and, whilst tennis constituted the largest proportion of suspicious betting alerts identified by ESSA members, it should be noted that the vast majority of tennis events are fair,” he added.

“All information supplied by betting operators is analysed by the TIU,” a TIU spokesman said in a statement.

The ESSA report said that in the final quarter of 2015, there were 35 sporting events deemed to be suspicious with tennis accounting for 24 of them and soccer eight.

“The start of 2016 has seen a worldwide focus on alleged match-fixing in tennis,” wrote chairman Mike O’Kane in an introduction.

A top global bookmaker also suspended betting on a suspicious match at the Australian Open