Archive for August, 2007

New Regulations for UK Professional Players

Friday, August 31st, 2007

It could be a result of what has been going on in the United States or not but the fact remains that professional players in the UK will be under new regulations starting this month.  The Professional Players Federation has recently issued a code on gambling.  Affected by this new code is the activity of sports betting.

As with other countries (well, the US to be more specific), sports betting has experienced a surge in the recent years.  However, concerns have been raised, time and again, regarding the integrity of sports which can be wagered on.  Of course, one of the main (and legitimate I would say) concerns of many is the fact that professional athletes may be able to manipulate the outcomes of games they are involved in.  As the case in the NBA showed us, it does not even have to be athletes.  Referees and other sports officials may be put in a compromising position due to the insider knowledge that they have about the sport.

So under the Gambling Act, anyone – player, referee, trainers, managers, and even journalists! – can go to jail if found guilty of cheating or helping someone cheat in order to get favorable results in sports betting.  The concern now is that there might be some interpretations of the Act that may not be clear to players and other concerned people.  As a PPF spokesman said “A footballer could tell his mates that so-and-so is going to play well or score, and without realising it potentially be in breach of the law. We would like to see proper education on the implications of the act.”

We’ll see how this one turns out soon enough.

Top Sports Betting Events

Friday, August 24th, 2007

Here’s something for regular sports bettors out there.  Bookmaker.com  has just added a new feature to their site which will allow users to see the top ten sports betting events live anytime they want to.  I have pasted the top ten sports betting events as of the weekend below to give you a sample:

•    #1. BASEBALLODDS TO WIN 2007 MLB WORLD SERIES
•    Favorite pick is [1916] MINNESOTA TWINS +2000
•    #2. BASEBALLINDIANS @ TIGERS
•    Favorite pick is [916] TIGERS +1½-155 ( J WESTBROOK-R / N ROBERTSON-L )
•    #3. FOOTBALLODDS TO WIN THE SUPERBOWL XLII
•    Favorite pick is [1018] NEW ENGLAND PATRIOTS +320
•    #4. BASEBALLCUBS @ GIANTS
•    Favorite pick is [905] CUBS -130 ( ACTION )
•    #5. BASEBALLWIN 2007 NATIONAL LEAGUE PENNANT
•    Favorite pick is [2109] NEW YORK METS +450
•    #6. BASEBALLDODGERS @ PHILLIES
•    Favorite pick is [901] DODGERS -128 ( ACTION )
•    #7. FOOTBALLODDS TO WIN THE AFC
•    Favorite pick is [1050] BALTIMORE RAVENS 10.50
•    #8. BASEBALLWIN 2007 AMERICAN LEAGUE PENNANT
•    Favorite pick is [2007] MINNESOTA TWINS +1000
•    #9. BASEBALL PIRATES @ ROCKIES
•    Favorite pick is [904] ROCKIES -139 ( ACTION )
•    #10. GOLF WIN THE BARCLAYS
•    Favorite pick is [109] K.J.CHOI +2800

Of course this is just a sample and not conclusive.  At the very least, this top ten list can give you insights as to the hottest picks.  For more specific and updated information, you can just visit Bookmaker.

NBA: Donaghy Guilty

Friday, August 17th, 2007

In what could be dubbed as one of the most scandalous events in the history of the NBA, the referee accused of illegal sports betting activities has been found guilty of the charges.  Timothy Donaghy, a 13-year veteran referee of the NBA, has pleaded guilty to the charges against him.  These include his accepting cash in exchange for making winning picks, which he made based on privileged information as an NBA referee.  More than that, some of these games were under his jurisdiction as a referee.

What do people have to say about this?  There is no official word from Commissioner Stern as of yet but U.S. Attorney Roslyn Mauskopf  says “The participation of an official of one of the world’s premier sports leagues in an illegal betting scheme involving his own sport demonstrates the corrupting allure of easy money. Today’s guilty plea and charges serve as a warning that seemingly easy money often comes at a high price.”

It should not cast such a shadow over the sports betting scene, though.  There are perfectly legitimate sports betting operations wherein ordinary people like you and me participate.  We should not be punished for what one person has done.  However, we have to be realistic.  With such a highly publicized incident, we can expect some sanctions on the sports betting side.  We might have to face more restrictions.  I have no idea what they may be but I am pretty sure that repercussions would follow.  I just hope that whatever they implement would not make the innocent suffer just because someone else messed up.

The Uniqueness of Sports Betting

Friday, August 10th, 2007

If you are into various gambling activities, you would tend to agree with me that sports betting is a league of its own.  When a gambler goes into a casino – whether it is online or land based – the fact is that most table games have a house edge.  That is, the house has an advantage over the player.  No matter how small this house edge is, the fact remains that it exists.  The only way to win at those games is for the player to employ strategies that will keep the house edge to a minimum.  More so, he has to have the skill needed to succeed at these games.

So how is sports betting different in this respect?  It is simple, really – there is no house edge when it comes to sports betting.  More so, the odds in sports betting are not as huge as that of different lotteries.  In sports betting, you need to approach the whole thing as an investment and thus you should keep a cool head and be disciplined.  With that combination, you can easily profit from sports betting.

Of course, there are certain things that you need to bear in mind when betting on sports.  Just like other gambling activities, it is best not to chase your losses.  Despite the fact that there is no built-in house edge in sports betting, there are still times when your picks will have losing streaks.  Walk away from that.  There will always be a next time.

Sports Betting in Uganda

Monday, August 6th, 2007

This piece of news that I ran across online yesterday proves my theory that wherever in the world you go, you will run across people who like to gamble.  Whether it be on sports or cards or what not, there will always be someone willing to take risks.  For those who think that gambling activities are frivolous and unnecessary, it might be that the last thing they would associate Africa with is gambling.  I would tend to agree with them.  However, if you think about it, what is the logic behind this way of thinking?  As I said in the beginning, there really is no geographical limit to taking risks.

The people of Uganda are no different from millions and millions of people around the world – they have a passion for sports, specifically, soccer.  Recently, though, Sports Betting Africa announced that they are expanding their operations into East Africa, of which Uganda is part.  They are introducing their “Soccer 1×2” game which, they believe, will add some zest into the soccer fans’ experience.

How to play?  “One has to obtain an applicable fixture list for the 1X2 game and consider how each of the 12 pre-determined fixtures will end. The player must play a minimum of two board games of sh300 each. One marks (1) for a home team win, an (X) for a draw and a (2) for an away win.

The player who predicts right at least nine of the 12 games is an instant winner with sh2.78m as the highest jackpot.”