If Rory McIlroy Wins British Open, His Dad Will Win 10-Year-Old Bet

This story has been out there for a while, but this is the last chance for McIlroy to make his dad some easy money. In 2004, when Rory McIlroy was 15, his dad and some of his buddies bet 400 British pounds, the equivalent of $171 U.S. dollars each, that McIlroy would win the British Open before he turned 26, at 500-1… » 7/19/14 6:02pm 7/19/14 6:02pm

Kid In Anti-Gambling Ad Is Sad Because Dad Bet Everything On Germany

Look, gambling addiction is a serious thing and, really, this anti-gambling spot from the National Council on Problem Gambling only proves the point. In it, several young boys sit around yakking about the World Cup and who they want to win. Each kid has a favorite—one likes Brazil, another likes Argentina and… » 7/09/14 11:12am 7/09/14 11:12am

Luis Suárez Bites A Guy And Gamblers Rejoice

A reputation is firmly in place when you can place a bet based on it. Luis Suárez is now a more notorious biter than Mike Tyson, and before he was even able to snack on Giorgio Chiellini, people with serious gambling problems could wager whether or not he would bite someone in this World Cup. Several such addicts took… » 6/24/14 8:11pm 6/24/14 8:11pm

Here Are Some Fun Ways To Lose Money Betting On The World Cup

The FIFA World Cup is Earth's single greatest sporting event. It also happens to be Earth's best excuse to gamble at noon on a weekday for no reason passing degeneracy. And given that the World Cup is the rest of the world's Super Bowl, and any Super Bowl-level event is at its heart a chance to make very stupid prop… » 6/11/14 2:55pm 6/11/14 2:55pm

Gambling Hot Streaks Are Actually Real

A fascinating new study on online gambling published in this month's issue of Cognition comes to an unexpected conclusion: winning a bet does, seemingly, make you more likely to win your next one. The researchers looked at 565,915 wagers placed by 776 online gamblers in Europe and the U.S., and found that the gamblers… » 5/16/14 3:16pm 5/16/14 3:16pm

How Phil Ivey Beat (Or Maybe Cheated) A Casino For Millions

Over the weekend, a story about Phil Ivey, the best poker player in the world, made its way around the Internet. He's being sued by the Borgata casino in federal court for cheating at a version of baccarat using a method known as "edge sorting." All told, Ivey took the casino for close to $10 million. Here's how he… » 4/14/14 12:36pm 4/14/14 12:36pm

Jeff Ma & David Frohardt-Lane: What's Sports Betting Really Like?

By now, it's almost a given that public discussion of sports betting will result in nothing of real value being said. It can be entertaining, but is typically vague, or cagey. But not today! We have Jeff Ma, who hosted Sloan's gambling panel, and David Frohardt-Lane, who participated, to give you some real talk. » 3/14/14 4:04pm 3/14/14 4:04pm

Al Michaels Makes Up Curling Betting Line, Places Wager On Air

If there's one thing we know about Al Michaels, it's that he's not afraid to talk about sports gambling on the air. During a segment on NBCSN this morning, Michaels got to chatting about curling with Rebecca Lowe, and he couldn't resist the urge to put a little money on the Great Britain-USA matchup. » 2/11/14 10:59am 2/11/14 10:59am

What You Need To Know To Bet On The Super Bowl (Late Edition)

Below is your final NFL betting line chart for the 2013-14 season, with updated figures for spread, bet trend, over/under, and money line figures for this Sunday's Super Bowl (here's the early post from last week). Of course there are many fun ways to bet on the Super Bowl; check out Jay Sanin's post for a breakdown… » 1/31/14 2:10pm 1/31/14 2:10pm