NBA Ready To Partake In Legal Sports Betting

NBA Ready For Legal Sports Betting
NBA Ready For Legal Sports Betting

This week ESPN hired David Purdum, one of the best sports gambling writers (follow Purdum on twitter), and the NBA has put him right into action.

New NBA commissioner, Adam Silver, says that expanded legalized sports betting in “inevitable” and that the NBA will likely be a part of it. Purdum thinks that legal sports gambling will be expanded in the next few years. That sounds about right to me.

Here’s more thoughts on the NBA and expanded legal sports betting:

World Series Of Poker Live Stream Details

World Series Of Poker Logo
World Series Of Poker

If you love watching poker you’re in store for a lot of pokery goodness coming soon. Summer is the season of poker! If you’re not in Vegas to catch the World Series of Poker live at the Rio you can watch it almost live online anywhere or wait until ESPN airs it in a few months. WSOP just announced its live stream event schedule for this year’s events. Here are the details:

For the third year, WSOP.com will be livestreaming the final table action with the help of seasoned poker commentator David Tuchman.  We’re keeping the broadcaster busy this summer with 32 days of feature table streaming, which will include commentary from Tuchman and a rotating cast of guests as well as hole cards on all No Limit Hold’em and Pot Limit Omaha events.

As in previous years, we will also have a secondary stream, which features a multi-camera setup, no hole cards, no commentary, and a five-minute delay.  Please keep in mind this schedule is tentative and we reserve the right to change the schedule and which table is the feature table. 

Start times depend on when play reaches a final table on Day 3. Be sure to follow @WSOP on Twitter for links and start times for streaming events. The streams will all be available on WSOP.com.

Continue reading “World Series Of Poker Live Stream Details”

Surprise! ESPN Analysts Aren’t Actual Analysts

NFL Logo
NFL

ESPN on-air talent is mostly made up of former players disguised as analysts and communications majors as the play-by-play or “straight guy”. To be fair most sports on television is set up like this. Players are trusted by the general public to offer an educated opinion based on their experience. That’s a fallacy. The Linemakers shed light on this after analyzing ESPN’s analysis of the NFL schedule earlier this week.

ESPN asked each of the 32 team experts for their predictions of the regular-season records for the teams they cover. ESPN admits the predictions were made independently of other experts, and that’s great, because we want to see what each of these “experts” honestly and independently think without consulting with their cohorts around the league.

Still …. with 32 teams playing 16 games, there are a total of 256 games. Thus, there are 256 winners and 256 losers (ties aside). So when these reporters predicted the regular-season records, we should see exactly 256 winners and 256 losers. But of course, that isn’t what happened.

When the 32 “experts” predicted the each team’s 2014 record after seeing the NFL schedule released on Wednesday:

— There were 290 “wins” and only 222 “losses”

— Only five teams were projected to finish sub-.500: the Redskins (7-9), Bills (7-9), Jaguars (7-9), Browns (6-10) and Raiders (5-11)

–13 teams were projected to record double-digit wins

For comparison, over the last three years, an average of 14 teams per year finished sub-.500.

Furthermore, projecting 290 wins equates to 9.1 wins per team. Essentially, on average, these “experts” project the average team will be BETTER than 9-7! Again, ludicrous and impossible.

I’m not going to bash ESPN because they’re an entertainment network more than a place for analysis. In fact, most of what you see on TV is for mainstream entertainment. It’s a shame that we need to police what’s on TV but it’s great that people like Warren Sharp can analyze this information and share the truth.

Without getting too preachy, it’s important to be aware of what the mainstream media passes of as fact if you bet on sports – especially football. Football is the most popular sport on TV and most popular sport to bet on. The general betting public listens to these talking heads and bets based on this information. While some of the information shared by the talking heads on TV may be true it’s not all true and it’s not all based on fact.

Knowing when false information is being shared on TV is helpful. Use that information to your advantage when betting. There’s a place for mainstream information and a place for analytical information. When combined you have a powerful combination. You can see that by the podcasts I listen to.

Keith Olbermann Sets The Record Straight About Soccer And Gambling And Drinking

I usually find Keith Olbermann to be an obnoxious blowhard but every now and again he says something that I agree with. Last week he took issue with the New York Times calling soccer a trend in America. Deadspin picks apart the article too. The article is in the fashion section and should have focused on fashion a little more – not the game itself. Regardless, KO is on point here.

Keith Olbermann on soccer: “If you couldn’t drink or gamble there would be more people on the field than in the stands”.

Football! Football!! Football!!!

Red Rock Resort Las Vegas Sportsbook
Red Rock Sportsbook

Replace baseball with football in the TV screens above. RIP baseball.

Football season kicks off tonight with a host of college football games throughout the various ESPN, Fox and CBS TV networks. It’s an amazing time of year in Las Vegas and the excitement for the first games of the season rivals the excitement for the big games. More money is bet on football than any other sport and the crowds in the sportsbooks prove that.

Yesterday I was at the Red Rock Casino sportsbook and it was already more crowded than a normal Wednesday for baseball season. There were lines at 3pm with people placing bets and there were football sheets left around all over. The Red Rock sportsbook looked as if they’re expecting a large crowd tonight as they set up cocktail tables which are reserved only for the busiest times of the year.

While baseball is my favorite sport football is catching up the longer I live in Las Vegas and I can’t wait for football! It begins in just a few hours!

FOOTBALL!

FOOTBALL!!

FOOTBALL!!!

I’ll be watching the games somewhere tonight… 

LVH SuperContest Weekend

LVH SuperBook - Las Vegas Hotel
LVH SuperBook

Just like that….LVH SuperContest Weekend has come and gone. The LVH SuperContest is the largest most known football contest in Las Vegas (there are many). Its $1,500 entry fee makes it worth paying attention to, in part because of the huge prize pool. This year LVH is estimating that there will be over $1 million in prizes given away with the winner taking home over $200,000. Not too shabby!

I don’t play in the SuperContest because I don’t feel like spend enough time handicapping football to I’m not confident that I can win the contest. That doesn’t stop me from enjoying a little bit of SuperContest Weekend. It’s nice to see some of the serious sports bettors that I already know and meet new sports bettors.

I only attend the seminars with the pro sports handicappers discussing their thoughts on the upcoming football seasons (college and pro). I figure that I’d learn a little bit in between beers and chit-chat. Here are my notes from the college football panel.

Because of the $1,500 buy-in and huge prizes there is a lot of interest to be a part of the SuperContest from people all over the country. You can still take part of the SuperContest even if you don’t live in Las Vegas with a proxy service. Vegas Matty, who operates FootballContestProxy.com and the recently launched FootballContest.com, explains: 

“The proxy was put in place by the LVH to allow out-of-state contestants – and those others who can’t physically make it to the SuperBook on a weekly basis – to participate in the greatest football contest in the world. The SuperContest requires picks to be submitted in person, so that requirement would obviously prevent most of an ever-growing field from entering if they could not use a proxy.

“In fact, most of my new clients tell me they would have entered previously but did not know they could use a proxy to submit picks for them.  I definitely believe the growth of the SuperContest is not just directly tied to the exposure created by guys like Chad Millman and Bill Simmons (from ESPN) and marketing genius of Jay Kornegay, who have all contributed greatly to its success.  In my opinion, the realization that contestants don’t need to live in Las Vegas and can use a proxy instead has also had a significant impact on the SuperContest’s spike up the last few years.”

For full disclosure Vegas Matty was one of the first people I met when I moved to Las Vegas because we have many shared interests. He’s a good follow on twitter if you like football or MMA.

The LVH SuperContest is growing every year which, in turn, makes it more difficult to win because of increased competition. If you like winning the time to sign up for the SuperContest is now. Likewise, if you like big jackpots hold out and prepare for next year. Since 100% of the money is returned to players prizes will only keep increasing.

Tweet @Vegas_Matty

Fox Sports 1 Bringing Point Spreads To The Masses

Fox Sports 1 Point Spreads
Fox Sports 1 Showing Point Spreads

Fox Sports 1 launched as a 24 hour all sports network last week. While CBS and NBC have launched 24 hour sports networks in the past year it looks as if Fox Sports 1 will be the greatest challenger to ESPN. ESPN is the largest all sports network with the most history so each network has to carve their own niche with sports fans. NBC Sports Network has focused its programming around the NHL, NFL, Premier League and fringe sports like cycling while CBS Sports Network seems to be a minor league sports network filling much of its programming with lesser tier college football and college basketball.

Fox Sports 1 will be a home for NFL, UFC, college football and soccer spillover from regular Fox programming. I’m assuming that they’ll integrate MLB into next year’s shows. Fox Sports 1 seems to have the most upper tier programming to take some market share from big brother, ESPN. In addition to strong major league sports they have a strong roster of former professional athletes and professional broadcasters for their regular TV shows (hello Charissa and Erin).

Mainstream sports media has tiptoed around gambling in the past even though it plays a large role in popularity of certain sports – especially football. One way that Fox Sports 1 is differentiating itself from ESPN is not hiding from gambling – at least not hiding from the fact that gambling exists. Fox Sports 1 has point spreads displayed when they run upcoming matchups on their bottom line or side bar (above). This isn’t just for football as they had betting odds for the UFC fights last weekend.

Fox Sports 1 Bottom Line UFC Odds

I haven’t noticed any of the talking heads on Fox Sports 1 speaking about gambling directly but this is the first time that I can remember seeing a TV network using point spreads all day long, not just for pick segments.

I’m curious to see how they incorporate point spreads into football wrap ups. Discussing ATS (Against The Spread) records along side of straight up records would really open the door to sports betting discussion. As a sports bettor and fan I would love this.

Body Photo: 30 FPS 

It’s Madness!

March Madness Atlanta
March Madness!

Fact: I’ve been detached from college basketball more this year than ever before. I haven’t even watched a half of one game.

My excitement for the NCAA Basketball Tournament March Madness is slightly greater than my excitement for the World Baseball Classic. As I mentioned earlier today on Vegas Chatter the odds of a perfect bracket are 1,000,000,000 – 1 (I think that’s a billion) so I’m not too concerned with being perfect. I probably have as much knowledge as 90% of people that entered the ESPN pool for whatever that’s worth.

I’m not stoked on my bracket already but since it’s tradition I figured I might as well share my picks (click to enlarge).

2013 March Madness Bracket

Follow me on twitter if you want to see any actual bets I make on individual games. My attention to the tournament started to wane last year and I mostly bet second halves of games I was watching and I expect that this year will be the same.

Grab a printable March Madness bracket or just visit ESPN.com to use their system which is simple and doesn’t kill any trees.

People Barely Like Sports Betting But Hate Internet Betting

The American public has spoken and the majority of them are OK with sports gaming. However they want you to get off your butt to be on sports.

The nationwide telephone poll found 51 percent in favor of sports betting and 27 percent backing Internet gambling.

The article goes deeper into the demographics of the poll. The article seems to be angled towards putting a positive spin on legalizing sports betting in New Jersey.

The one really interesting nugget that really should be the headline is that 20% of American men have bet on sports.

The article also states that the 51% approval is up from 39% in March. It seems as if the general public is coming around on sports betting.

Between ESPN’s Colin Cowherd talking about sports betting every week on his radio show and CBS Sports including spreads in their matchups online there has been a building awareness of sports betting in mainstream America.

New Jersey may know as soon as next week if they’ll get legal sports gaming (check out the Chad Millman podcast to hear lawyers discuss) and while that won’t change things across the country right away you can bet the other states that have legal gambling will get in line for sports gaming.

 

Blackjack Tips

Marc has provided a lot of good information about blackjack lately and I hope he doesn’t mind if I add my two cents. I started playing the game in 2004 (an Atlantic City trip report I may write someday) based mainly on the writings of ESPN’s Bill Simmons, aka ‘The Sports Guy’ (ED: Download Free Podcast), back when he was funny (ED: He’s still funny, you’re just desensitized to it.). Prior to the trip, I taught myself basic strategy by purchasing some software for my PC and playing it until most of the strategy became second nature.

Neither this game nor Bill Simmons, however, could teach me the ‘unwritten rules of blackjack’. Okay, in retrospect, I probably could’ve Googled it, had I known they existed. Heck, I could Google it right now, but then a) I wouldn’t have an article to write or b) my article would clearly be biased by what I’ve read. So, when you’re done reading, feel free to add your own in the comments, but if you think I missed something obvious, now you know why.

General Play

  • When joining a game mid-shoe, it never hurts to ask the players already in the game if you can join. (ED: I never join mid-shoe and hate when people do)
  • If you are dealt a double-down opportunity, it is perfectly acceptable to double your bet by moving your chips into position before it is your turn. There is a slim chance that the dealer has a 10 up card and turns over an Ace, but any good dealer will return your second bet to you while taking your first. Naturally you wouldn’t do this if the dealer was showing an Ace.
  • I don’t think there’s any situation where you’d split 5s, but a dealer must ask you if you want to double or split them. Since casinos are noisy (that is why there are hand signals, of course!), you can hold your index finger up, like a 1, meaning ‘1 card’, which is all you get when you double.
  • When the first round of cards are dealt, it is nice to wish any players that their Aces become blackjacks/naturals by lightly banging/tapping the table in their direction and saying “Good luck on your Ace”.
  • It’s obvious that you can touch your chips after you get paid for a win and normally the dealer takes your chips as soon as you lose. But what about a push? As I learned the hard way, DO NOT touch your chips until the dealer gets to your position and bangs/taps the felt in front of you to signal ‘push’ to the ‘eye in the sky’.

Tipping

  • There are two main ways to tip your dealer: 1) slide a chip into the ‘dealer zone’, that nebulous area best described as “around the insurance line”; a comment like “that’s for you” should convey the message and 2) make a bet for the dealer by placing your chip(s) near your betting stack, akin to the Moon orbiting the Earth.
  • In the event of a push, I usually but not always remember to ask the dealer what he/she prefers. Most often, they’ll ‘let it ride’. I don’t think I’ve had anyone take the tip on a push.
  • True story: my first or second time playing, a player to my left, during the betting portion, reached over and put singles/whites ‘in orbit’ around all our bets. I had no idea what she was doing. It was only when we all won and I went to take the money that I learned she was tipping the dealer on all our hands. I have never seen this since.
  • When coloring up at the end of a session, if I don’t think I’ve tipped enough, I try to remember to keep a red (or two) to the side so it’s not included in the coloring. That way I’m not digging in my wallet for some small bills after being handed a stack of greens and blacks.

That’s all I can think of at the moment. Feel free to share your thoughts in the comments!

ED: Check out my favorite blackjack/counting app for the iPhone on Get Vegas Apps.

Tweet me @eastcoastgamblr