On Sunday, a bettor at the Bellagio in Las Vegas cashed a 10-leg parlay on Korean and Chinese baseball games, winning $137.107.38 off a $250 bet. By Tuesday, it was apparent that the big winner was just the biggest beneficiary of a flaw in how BetMGM had listed Asian baseball […]
Under Armour is trying to ditch its long-term contracts with two of California’s best-known college sports programs. This appears to be yet another desperate attempt by the fading apparel company to stem its mounting losses. Under Armour was struggling even before the global pandemic. Since then, things have only gotten […]
David Beckham, the former Manchester United star, recently acquired a sizable stake in Guild Esports. The mission of the new company is to develop esport talent, primarily through a player academy system and competition. Initially, Guild will focus on Rocket League, FiFA, and Fortnite. This is hardly Beckham’s first sports-related […]
California lawmakers failed to broker a compromise on sports betting in the state, admitting this week that there’s no chance of getting the issue on the ballot in November. Both houses of the state legislature needed to pass a constitutional amendment by a two-thirds majority by Thursday in order to […]
Fifteen minor league baseball teams filed a federal lawsuit against their insurance companies. The lawsuit, filed on Tuesday, alleges the insurers breached their contracts when they failed to pay claims related to MiLB’s business interruption. It’s been a difficult year for all sports leagues, but probably none more difficult than […]
With Joe Biden virtually assured to be the 2020 Democratic nominee for President, a frenzy of speculation surrounds who he’ll select for a running mate. Will Biden pick one of the well-known betting favorites, or instead, go with a less visible long shot? The former Vice President says he’ll announce […]
DraftKings quickly became a stock market darling after its initial public offering in April, with shares more than doubling in less than two months. But after the fervor dies off, will the company – known for DFS, sports betting, and it’s growing online casino division – continue to be a […]
The horse was named for a survivor of the infamous 1972 plane crash in the Andes, which made Nando Parrado such an international celebrity that Ethan Hawke played him in the movie. And the horse Nando Parrado became an instant celebrity Saturday, becoming the biggest longshot to win a race […]
The 2020 baseball season is still in flux. But that didn’t stop the MLB from nailing down a $3.2 billion deal with Turner Sports. While the price tag is arguably higher, the new deal makes few changes to their existing relationship. There has been a lot of back and forth […]
The concept that speed wins horse races is elemental to the sport. And when you look at the various speed figures for the 10 horses in the 152nd Belmont Stakes, Tiz the Law’s 6/5 favored status seems elementary. Tiz the Law’s January victory in the Holy Bull Stakes at Gulfstream […]
Nathan’s Famous International Hot Dog Eating Contest in Coney Island, New York, will go on as planned on July 4, but with a few alterations because of the COVID-19 global pandemic. There will be no crowds and, instead of 15 contestants, there will be only five to adhere to social […]
With many sports still in hiatus, sports bettors moved into the next best game in town — the stock market. Galvanized by Barstool Sports’ founder Dave Portnoy, throngs of aggressive novices are driving Wall Street’s institutional investors insane. Between Feb. 19 to March 23, the stock market tanked roughly 34%. […]
When Kris Prather dispatched Anthony Simonsen, 7-6, to win the inaugural Professional Bowlers Association’s Strike Derby earlier this month, he did more than put $25,000 in his pocket. He also put money in the pockets of savvy bettors who backed him at +700 to win the Strike Derby. The June […]
Allen Iverson officially retired from the NBA in 2013 but thanks to Reebok, he’s still receiving $800,000 a year. Better yet, the 11-time All-Star can collect another $32 million bonus from the athletic shoe company in 10 years. Iverson celebrated his 45th birthday this week. That’s the earliest age at […]
Converse has signed Natasha Cloud, the first woman basketball player to endorse its shoes. In doing so, the WNBA Mystics guard follows in the footsteps of some of basketball’s legends — from Chuck Taylor to Julius Erving. But even before the groundbreaking announcement, Cloud made headlines with an important message, […]
One day last month, Matt Metcalf, Circa Sportsbook’s Director, brought a homework assignment to Paul Zilm, his risk supervisor: Create a Kentucky Derby Futures Board from scratch. And when you finish, knock out one for the Belmont Stakes. Off Zilm went, spending much of the next two-plus weeks watching every […]
The Arlington Million, Illinois’ biggest horse race of the year, is the most prominent casualty of a deadlock between Arlington Park officials and the Illinois Thoroughbred Horsemen’s Association agreeing on a new contract. The two entities came to a tentative agreement on a daily purse structure for a 30-day meet […]
Live golf is finally back with the Charles Schwab Challenge in Fort Worth, Texas, this weekend. With PGA Tour pros back in action, it’s worth a refresher course on important DFS golf strategy before crafting lineups before the tournaments starts on Thursday. Know the Course History Some golf courses are […]
Someone placed a $1 million bet on Saturday for Amanda Nunes to win her UFC 250 bout against Felicia Spencer. Both the bet and the match set records, as Nunes successfully defended her featherweight title. The million dollar bet was recorded at a William Hill Sportsbook in Las Vegas. Nunes, […]
Even with tracks emerging from coronavirus shutdowns throughout May, Thoroughbred racing handles for the month plummeted compared to their 2019 totals, according to Equibase’s monthly report on horse racing’s economic indicators. The biggest individual culprit for May’s decline was easy to pinpoint: no Kentucky Derby and no Preakness Stakes. The […]
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