All posts tagged: Sports betting

The Shohei Ohtani Betting Scandal Won’t Be the Last

The Shohei Ohtani Betting Scandal Won’t Be the Last

[ad_1] Major League Baseball officials will tell anyone who listens that the integrity of the sport is safer than ever. Despite the widespread legalization of sports gambling, despite MLB’s lucrative partnerships with the gambling platforms, despite Americans legally wagering about $120 billion on sports last year alone, and despite in-game advertisements that encourage fans to place bets right now—despite all that, everything’s fine. Third-party security companies, baseball officials point out, are monitoring traffic on DraftKings, FanDuel, BetMGM, and other legal apps, and can see wagers in real time. They can flag curious activity in a matter of minutes and then trace the activity all the way to an IP address, usually someone’s computer or phone. But, as I learned while reporting my book Charlie Hustle, about the rise and fall of Pete Rose, illegal bookies are still out there. They won’t be found in back alleys or smoky rooms like they once were; many bookies in 2024 have their own glossy websites. Some, just like the legal platforms, allow gamblers to place bets online. It’s …

Here’s how to bet legally on the Super Bowl

Here’s how to bet legally on the Super Bowl

[ad_1] ATLANTIC CITY, N.J. (AP) — More people in the U.S. than ever before are expected to bet on this year’s Super Bowl, including novice bettors attracted to the game due to the possible attendance of pop star Taylor Swift, whose boyfriend Travis Kelce will be among the players. With sports betting ads blitzing the airwaves with come-ons and promotions, things might be a bit confusing, especially for first-time bettors or those who don’t fully understand how things work. Here is a guide to betting on Sunday’s game between the Kansas City Chiefs and the San Francisco 49ers. We will deal here only with legal options from sportsbooks approved and regulated by government authorities in the U.S. This includes making bets in person at a casino or racetrack (call before you go; not every casino or track offers sports betting), or setting up an account from a computer or smartphone with online bookmakers. And please keep in mind that this is supposed to be a fun form of entertainment, so only bet what you can …

The long odds of this year’s Super Bowl location

The long odds of this year’s Super Bowl location

[ad_1] This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. For years, the NFL balked at even a whiff of gambling—and kept Las Vegas at a distance as a result. But as the league has become more open to gambling, it has also embraced the city synonymous with it. First, here are four new stories from The Atlantic: In the Shadow of the Strip People are betting on just about anything these days. But something few would have bet on even a decade ago? That the Super Bowl would be held in Las Vegas. The NFL’s decision to hold the game in the city is an about-face for a league that, for decades, shunned even the faintest association with gambling. The league, and especially its influential longtime commissioner Pete Rozelle, was fixated on the risks of compromising the league’s integrity and reputation. “No one does, or could, dispute …

The Super Bowl is expected to smash betting records. Nearly 68M US adults plan to wager

The Super Bowl is expected to smash betting records. Nearly 68M US adults plan to wager

[ad_1] ATLANTIC CITY, N.J. (AP) — Nearly 68 million American adults — about 1 in 4 — plan to bet on this year’s Super Bowl, setting a record by a wide margin, according to the gambling industry’s national trade association. Figures released Tuesday by the American Gaming Association include bets placed with legal outlets, as well as with illegal bookies and online operations in other countries. The volume of betting participation is projected to be 35% higher than last year, which was the previous record. Bettors plan to wager an estimated $23.1 billion on this year’s Super Bowl, up from $16 billion last year, the group predicted. Of that, about $1.5 billion is projected to be bet with legal outlets, the group said, citing consensus estimates from various sources. That is in the same ballpark as the $1.25 billion in legal bets projected by Irvine, California-based research firm Eilers & Krejcik Gaming. Sports betting is legal in 38 states plus Washington, D.C. “There’s a good chance that every Super Bowl for the next ten or …