Duke's Meaningless Last Second Free Throw Cost Vegas Millions

Last night's Duke-Utah game seemingly ended in a 62-57 win for Duke. With eight seconds remaining Utah's Jordan Loveridge missed a three-pointer, and the Utah players only half-heartedly tried to foul or tie up the rebounder, Duke's Quinn Cook. But with 0.7 seconds left a referee blew for a foul against Cook, the… » 3/28/15 12:57pm Saturday 12:57pm

MLB Investigating Claim That Marlins Pitcher Jarred Cosart Bet On Sports

We have no idea if Jarred Cosart bets on sports. (Maybe you do! Let's talk.) MLB doesn't either, but it intends to find out. After last nights emergence of screenshots of Twitter messages claiming to show the Marlins starter talking bets, MLB has announced that its Department of Investigations will look into the… » 3/25/15 11:30am 3/25/15 11:30am

Vegas Goes Nuts Over A Meaningless Layup To Cover The Spread

It was a remarkable day of basketball, despite having only two (or three, maybe) actual late winners. But if you are rooting with your wallet as well as with your heart, well, there are buzzer-beaters all around you. » 3/20/15 10:05am 3/20/15 10:05am

Republicans Take Aim At Internet Poker And Fantasy Sports

It is pretty damn good to be a Republican right now. The GOP controls both the House and the Senate, it owns more than half of the gubernatorial seats in the nation, Obama is close to a zero percent approval rating, and 9/11 truther Pete Carroll kept Marshawn Lynch from being the Super Bowl MVP. » 2/09/15 12:55pm 2/09/15 12:55pm

Report: Dodgers To Sign Taiwanese Pitcher Who Was Banned For Game-Fixing

According to the Los Angeles Times, the Dodgers are close to signing 33-year-old pitcher Chin-Hui Tsao to a minor league contract. You may remember Tsao from his days as a top prospect in the Rockies' organization (lol, sure), but what he's most famous for is getting banned from baseball in Taiwan amidst allegations… » 12/30/14 4:32pm 12/30/14 4:32pm

Drugs, Chess, Books, Or Gambling: How To Fight Boredom In Prison

Leisure time, unstructured and purposeless, generally makes up most of an American prison inmate's day. Most convicts are just sent to the yard, where they socialize, exercise, play games and sports, and make their deals. Entire lives are spent in the incarcerated world, typified by the sexual compromises and » 12/18/14 3:29pm 12/18/14 3:29pm

Confessed Gambling Addict Arrested For More Alleged Airport Scamming 

Earlier this year, we were introduced to the strange, sad case of Michael Borovetz, who shared his life story on a poker forum. A chemical engineer who found himself addicted to poker, pai gow, and baccarat, Borovetz found himself reduced to scamming strangers at the Las Vegas airport. He was aware enough to know he… » 12/11/14 4:39pm 12/11/14 4:39pm

How Casinos Use Design Psychology to Get You to Gamble More

Everyone's heard that there are no clocks or windows in casinos so that gamblers won't realize how long they've been losing money. But is this actually design gospel? And does it work? According to research, it turns out that the most successful casino design may not be the dark, maze-like designs we think they are. » 12/05/14 5:20pm 12/05/14 5:20pm

Casino Designers Have a Whole New Theory About How to Manipulate You

Why can't you stop gambling? Many people would say it's because the windowless, maze-like layout of casinos is designed to keep you mesmerized by the games. But scientists argue that the most successful casinos keep you playing with a new set of psychological tricks. » 12/05/14 3:44pm 12/05/14 3:44pm

Bookie: Thomas Vanek Had Gambling Debts Of More Than $10 Million

An upstate New York man who pleaded guilty to charges related to running an illicit gambling ring admitted to extorting Wild winger Thomas Vanek, in an attempt to recoup some of the more than $10 million he says Vanek owed. » 12/05/14 12:40pm 12/05/14 12:40pm

Mark Cuban Takes Shot At NFL For Its Opposition To Sports Betting

On Friday, a judge shot down a New Jersey law that would have allowed sports betting, to the satisfaction of the four major American sports leagues, all of which opposed it—and all of which profit immensely from bettors' interest. As Mavericks owner Mark Cuban said of every owner and executive, including himself,… » 11/23/14 12:53pm 11/23/14 12:53pm

NBA Commissioner Announces Support For Legalized Sports Gambling

NBA Commissioner Adam Silver has broken ranks with his sports executive brethren, and announced his support for an expansion of legalized sports gambling in the United States in a New York Times op-ed. Silver points out that, despite its widespread illegality, sports gambling is a massive, and growing, business: » 11/13/14 8:57pm 11/13/14 8:57pm

Thomas Vanek Paid Off $230,000 Gambling Debt With Islanders Paycheck

This summer, Minnesota Wild winger Thomas Vanek found himself caught up in a federal case against three men accused of running a gambling ring out of an Upstate New York bar. Vanek, who played nearby in both Rochester and Buffalo, served as a witness, but his link to the alleged bookies was unclear. This should make… » 10/31/14 3:39pm 10/31/14 3:39pm

Sports Leagues Block Sports Betting, Become De Facto State Governors

Last week, New Jersey Governor Chris Cristie signed a bill repealing New Jersey's ban on sports gambling. For a few, glorious days, it appeared that New Jersey was governed by a man elected Governor, and not by the NFL and other sports leagues. » 10/27/14 4:21pm 10/27/14 4:21pm

A's-Royals Confused The Hell Out Of Gamblers

Last night's AL play-in game was the kind of protracted back-and-forth that makes a baseball game genuinely exciting. It also drives bettors nuts. Here are the implied winning percentages, which are modeled off of live betting on Betfair by Gambletron 2000. » 10/01/14 2:25pm 10/01/14 2:25pm

Chart: How Sabermetric MLB Forecasts Stacked Up Against Vegas

From Skidmore College statistics professor Michael Lopez comes the handy chart you see above, plotting the 2014 win totals of all 30 MLB teams against preseason predictions from Vegas and what Lopez calls his "Statsheads Prediction." » 9/30/14 5:33pm 9/30/14 5:33pm

Roddy White Finally Made Good On That Twitter Bet

Back in March, Falcons wide receiver Roddy White got on Twitter and made a foolish bet with a guy named Brian Hoyt on the Duke-Mercer game. White told Hoyt that he'd give him Falcons season tickets if Mercer beat Duke. Of course, Mercer went on to win. Oops. » 8/07/14 11:36am 8/07/14 11:36am

Report: Thomas Vanek Involved In Federal Gambling Investigation

Minnesota Wild winger Thomas Vanek was in a federal courthouse today, and in a statement he says he's somehow involved in a federal case against three men charged with running a sports betting ring out of their upstate New York bar. » 7/21/14 6:43pm 7/21/14 6:43pm

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… » 7/19/14 6:02pm 7/19/14 6:02pm