NBA Odds — Nets After 3rd Straight Win – Believe It Or Not

NBA Odds -- Nets After 3rd Straight Win - Believe It Or Not

The Brooklyn Nets are in the process of a transition at the moment, and part of it is changing the actual way they play. On Monday night they ill take to the floor against the Los Angeles Clippers, in pursuit of their third consecutive win, in action that is set to begin at 10:35 PM ET at the Staples Center. And although BetAnySports customers can get reduced juice before the game gets started, they can continue their activity even after the opening tip, as they take advantage of real time wagers while the game is in progress with the help of Live Betting Extra.

The Nets have gone through a season of some nightmare, as they have paid the price for going after the “win now” policy by obtaining the likes of Paul Pierce and Kevin Garnett. They let go of the last vestige of that at the end of last week, as they bought out Joe Johnson in the hope of freeing up some cap space. They have won both games since. And they have not had a three-game win streak all season.

This is part of what is expected to be a brutal nine-game road trip for the team, but they have handled it pretty well so far, with wins over Phoenix and Utah, forcing 41 turnovers combined in those two games. They are 17-42 straight-up and 30-29 against the basketball pointspread. The Clippers are 38-20 straight-up and 29-26-2 ATS. They are the fourth-place in the West, two and a half games behind the Oklahoma City Thunder and four ahead of the Memphis Grizzlies.

In the reduced juice NBA odds posted on this game by the folks at BetAnySports, the Clippers are big favorites:

Los Angeles Clippers -12.5 (-105) Brooklyn Nets +12.5 (-105)

Over 210 points -102 Under 210 points -108

Tony Brown, when he took over for Lionel Hollins on an interim basis, pledged that his Nets were going to step the tempo up in a big way. They have delivered on that promise. Brooklyn has scored an average of 104.9 points per game over their last nine, and what is particularly interesting is that they have also shot 44% from beyond the arc during that period, which, needless to say, compares very favorably with with the 31.5% they hit when Hollins was at the helm.

To a man, you will hear these players talk about how they are getting more and more comfortably with the accelerated pace. And they are doing it mostly with young point guards like Donald Sloan and Shane Larkin. Of course, they are going to face a challenge, to say the least, against Chris Paul, who took advantage of the absence of Sacramento’s Rajon Rondo the other night, exploding for 40 points and 13 assists.

BetAnySports patrons saw a spirited game between these squads on December 12, as the Clippers pulled out a 105-100 win at the Barclay’s Center. The Nets hung in with a 25-for-30 performance at the free throw line. And by the way, Blake Griffin played in that game. He is currently out with a hand injury. Austin Rivers had a broken hand, which caused him to miss nine games, and he is expected back for this game.

The Clippers have shot 48% in four of their last six games, and Paul has averaged 26.7 ppg in his last six outings. Brooklyn lacks defense; they have allowed 47% from the floor, and that, in addition to the increase in pace, has resulted in twelve of their last 16 games going over the total.

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Georgia AG latest to call DFS illegal gambling

Georgia AG latest to call DFS illegal gambling

The Georgia Attorney General’s office says daily fantasy sports are currently illegal under existing state law, a stance that likely contributed to the failure of a DFS bill to advance in the state legislature on Monday.

On Monday, the Atlanta Journal Constitution quoted a letter from deputy AG W. Wright Banks Jr. to a Georgia Lottery Corporation (GLC) lawyer expressing the sentiment that “daily fantasy sports are not authorized under Georgia law.”

The letter was written in response to a GLC request for clarification made last October, which followed letters the GLC sent to DFS operators DraftKings and FanDuel the previous month, warning them that their activities in the state appeared to be illegal.

Georgia law limits betting activity to the types offered by the GLC and defines forbidden bets as any agreement through which “dependent upon chance even though accompanied by some skill, one stands to win or lose something of value.”

Banks’ response to the GLC request cites a 1934 case involving a gaming machine, in which the court determined that the definition of a game of chance “did not depend on whether a participant could become more proficient with practice, but on whether the same player could do the exact same thing and still lose – not because of his actions, but because of the action of the machine.”

Banks noted that DFS participants were equally likely to win one contest “then lose the next tournament due to the performance of players outside of the participant’s control.”

Like many other states, Georgia makes an exception for contests in which the person benefiting is the “actual contestant” on whose performance the outcome is decided. But Banks says this exclusion “does not apply to daily fantasy sports.”

Georgia state Sen. Renee Unterman had introduced a consumer protection bill (SB 352) that would exempt DFS from state gambling statutes. But the bill didn’t come up for a vote on Monday – aka ‘crossover day,’ by which legislation must pass a floor vote in one chamber in order to be considered by the other chamber in the current session – making SB 352’s future a longshot at best.

Georgia joins Hawaii, Illinois, New York, Mississippi, Texas and Vermont on the list of states whose attorneys general have declared DFS to be illegal gambling since the industry imploded last October. Nevada has said DFS is legal but operators require state gambling licenses, an invitation no DFS operator has so far chosen to accept.

DraftKings and FanDuel have traditionally applied a self-serving litmus test in their response to such attorney general missives, exiting markets where their revenue is slight, while loudly proclaiming their right to operate in states from which the loss of revenue would have a palpable effect on the operators’ bottom lines. The companies have yet to weigh in on their Georgian plans.

This is a reprint from calvinayre.com. to view the original, click here.

PokerStars. fr Leave Austrian Market

 

pic_4006PokerStars.fr has exited the Austrian market over changes to VAT regulation resulting in the world’s largest online poker room paying double taxes to both Austria and France.

PokerStars.fr Leave Austrian Market Over VAT ChangesLiquidity on PokerStars.fr is about to shrink even more.

The french arm of the world’s largest online poker room has informed their Austrian based players, via e-mail, that they will no longer be able to offer them a service from March 1, 2016.

PokerStars informed those players that their accounts would remain open, be accessible, and there would be no problems withdrawing funds. Accumulated StarsCoins can be used to purchase cash rebates or any other paraphernalia from the VIP Store. Online tournament tickets are out of the question for obvious reasons.

The decision is one based on cost, only this time you can’t blame Stars for taking the decision they have. The reason Austrian based PokerStars players are now looking for a new poker room dates back to 2007. That was the date Ministers of the European Union (EU) agreed to substantially change the VAT regime. A period of quiet would ensue to allow electronic, telecommunications and broadcasting services to get their books in order before the new laws would be implemented in January 2015.

The new laws started to effect the bottom of PokerStars.fr on January 2016. At this time, PokerStars started paying a 20% VAT tax to the Austrian Government for Austrian based players who were playing on PokerStars.fr. This was in addition to the tax they were already paying the French Government for all the players competing on the site.

It’s not the first time PokerStars.fr has been affected by a change in taxation laws. In Dec 2014, The United Kingdom Gambling (Licensing and Advertising) Act 2014 implemented a 15% Point of Consumption Tax (POC) leading to an exodus of British based players from the PokerStars.fr site.

Austrian players are able to play on other online poker room licensed within the EU. Austrian gambling laws are not deemed compliant with EU Law. The only fully licensed online poker room in Austria is Win2Day. A fortnight ago, they joined Playtech’s iPoker network in a three-year deal.

This is a reprint from calvinayre.com. to view the original, click here.

Paddy Power fined for online, retail AML lapses

Paddy Power fined for online, retail AML lapses

Irish betting operator Paddy Power has been hit with nearly ?310k in fines and penalties following a UK Gambling Commission probe into the company’s anti-money-laundering and know-your-customer practices.

On Monday, the UKGC released a statement detailing “failures in anti-money laundering controls” at Paddy’s online and land-based betting businesses. The UKGC said it was spotlighting Paddy’s “serious failings” in the hope that other UK-licensed operators would take note and avoid a similar trip to the regulatory woodshed.

In the first case detailed by the UKGC, Paddy’s retail operations were slammed for not properly ascertaining the source of the funds a high-value customer was wagering via fixed-odds betting terminals (FOBT).

Queried on the origins of his wealth, the customer claimed to own a number of restaurants, an assertion the staff reportedly took at face value, which makes you wonder how they might have responded had he claimed to own a chain of Irish-themed betting shops.

Paddy staff subsequently learned that the bettor was working five jobs to fund his wagering but the bettor claimed to be comfortable with his level of betting activity, and thus Paddy allowed him to continue. However, when his appearances at the shop became less frequent, senior Paddy staff advised that actions be taken to incentivize the punter to come around more often.

A Paddy staffer later ran into the punter on the street and learned that the punter had lost all his jobs and was now homeless. The UKGC says this was the first point at which Paddy management decided to point the man in the direction of problem gambling support services.

The second retail case flagged by the UKGC involved a female punter who a shop manager suspected of laundering Scottish bank notes through FOBT. Despite repeated alerts to senior staff, the manager was told he needed to substantiate his suspicions before any action could be taken.

Six months later, the police voiced their own concerns regarding Scots cash being laundered in London, after which Paddy attempted to ascertain the source of the punter’s funds. Unable to verify her claims, Paddy barred her from the shops and filed a suspicious activity report. Paddy subsequently copped that the senior staff’s response to the manager’s reports had been in the wrong.

The third case involved one Mark Cooney, a bank employee who stole ?250k from bank customers in order to fund his online wagering habit. The scale of Cooney’s wagering prompted Paddy to investigate the source of his wealth, but this was limited to confirming that his name didn’t appear on any sanctions lists or in any negative media reports, and that he owned a house worth ?125k.

However, despite Paddy labeling Cooney a ‘medium risk’ and recommending further investigation, Paddy failed to contact Cooney directly regarding the source of his wealth and obtained no further information from any other source.

To atone for these lapses, the UKGC ordered Paddy to pay ?280k – representing the profits earned via the three customers – to “an agreed socially responsible cause,” plus a further payment of ?27,250 to cover the UKGC’s investigative costs.

A Paddy Power Betfair spokesperson issued a statement that called the shortcomings detailed in the UKGC report “clearly unacceptable” and claimed that the operator had “significantly strengthened its internal procedures” as a result.

The UKGC has been active on the KYC and AML fronts of late, having dropped six-figure fines on numerous land-based and online operators, including Caesars Entertainment, Rank Group, Coral and Aspers Casinos.

Given that two of the three Paddy cases involve FOBT, the usual UK media suspects – the Daily Mail, the Telegraph, and (now) the Times – are furiously recycling their ‘crack cocaine of gambling’ headlines. Please, operators… stop feeding the trolls.

This is a reprint from calvinayre.com. to view the original, click here.

Ladbrokes Australia rolls out ‘Odds Boost’ product

Ladbrokes Australia rolls out ‘Odds Boost’ product

Ladbrokes Australia has launched a new product that will allow customers in the country to increase the odds of one of their bets.

The ‘Odds Boost’ function can be used to enhance a punter’s racing wager once a day.

According to Racenet, the new Odds Boost feature will have a maximum bet of Aus$1,000 (€664/$722) and will only be available for fixed odds betting, with customers locked into a price once the odds have been boosted.

The operator said the product will be available across all racing codes, with plans to expand it into other sport and novelty markets in the future.

Dean Shannon, chief executive of Ladbrokes Australia, said: “Odds Boost is for all Ladbrokes clients and can be used every day and on any race they choose.

“The client essentially has full control over when and what to use the Odds Boost on and it’s not limited to just small bets.

“Most punters will have a special or a horse they have been following and the Odds Boost is a way our clients can maximise their opportunity on that selection.”

This is a reprint from igamingbusiness.com. to view the original, click here.

Ex-Michigan City councilman charged in sports betting bust

Ex-Michigan City councilman charged in sports betting bust

A former Michigan City Common Council member was among five individuals arrested and charged with promoting professional gambling while operating what authorities called an illegal sports betting ring.

David J. Biela, 71, who served on the Michigan City Common Council more than 20 years ago and more recently ran unsuccessfully for city council and the LaPorte County Council, is charged in LaPorte Superior Court 1 with five counts of promoting professional gambling and corrupt business influence, all Level 5 and Level 6 felonies.

The same charges were also leveled against James Liverman, 67; Gregory Czizek, 39; Stanley Mazur, 55; and John Greene, 58, all of Michigan City. The Indiana Gaming Commission’s investigation into illegal sports wagering on professional and college football games began in 2010 and was revived in 2013 when information developed about ”bookies” operating in the Michigan City area, court documents revealed. The ongoing probe showed the operation consisted of Biela allegedly printing betting cards listing the upcoming games for the week and the odds for those match-ups.

According to authorities, the cards were picked up from Biela at his print shop on Kentucky Street on the city’s west side or at his home and distributed to bars and restaurants for customers to place bets. Police said when Biela was questioned in October he revealed he printed more than 3,000 parlay cards weekly for the four other men charged and had done so for a ”long time.”

The investigation also indicates businesses receiving the cards were later paid a visit by ring members to receive more parlay cards and collect the payouts, according to court documents. Authorities would not say how much money was involved.

According to the investigation, officers while serving a search warrant to Biela at his residence in October heard phones constantly ringing from individuals wanting to place bets. Undercover IGC officers late in 2014 purchased parlay cards at multiple establishments. Numerous items related to illegal gambling such as ledgers, betting records and bank bags were recovered from the properties of ring members, police said.

Rob Townsend, supervisor for investigators with the Indiana Gaming Commission, did not want to give out further details due the cases still remaining undecided in court. He did say the arrests were not the result of any crackdown on such activity. ”It’s just what we do whenever we get complaints. It’s something we do statewide,” he said.

This is a reprint from southbendtribune.com. to view the original, click here.

PokerStars CA Coalition Grows by One

PokerStars CA Coalition Grows by One

PokerStars Californian iPoker coalition has increased by one as the United Auburn Indian Community sneaks into the fold minus the fanfare usually associated with such things.

Do you know how to keep a secret?

PokerStars CA Coalition Grows by One as United Auburn Indian Community Switches SidesLately, when it comes to the poker industry, it seems somewhat lacking in that department.

A few weeks ago, World Series of Poker (WSOP) Director, Gregory Chochon, stuck a sock in the fanfare of the first team event to be held at a WSOP for three decades, after liberally spilling the beans during a French radio show – and this week it’s happened again.

It seems the Californians for Responsible iPoker (otherwise known as the PokerStars Coalition) have increased their population by one after a press release; that doesn’t appear to have been officially released, was obtained by Online Poker Report (OPR) showing the United Auburn Indian community as part of the gang.

The statement was a letter of support for online poker bill AB 2863 – Assemblyman Adam Gray’s latest iPoker bill offering obtuse racetracks $60m in hush money to be a little more friendly from here on in. It was the third letter of support for the bill, only this one packed more of a punch than those issued by the Rincon Band of Luiseno Indians and the California Nations Indian Gaming Association (CNIGA), because at the end of the letter it said:

“The coalition includes major gaming tribes (Morongo Band of Mission Indians, San Manuel Band of Mission Indians, and the United Auburn Indian Community) and California’s three largest card clubs (Commerce Casino, Hawaiian Gardens Casino and Bicycle Casino).”

No press conference.

No press release.

Not a peep.

Was it a mistake?

The silence from the coalition is proof enough that the United Auburn Indian Community has switched allegiances for the third time in the past 24 months.

While the addition of the United Auburn Indian Community is great news for PokerStars, they still face a Sisyphus type battle to gain a foothold in the Golden State. As Steve Ruddock points out in OPR, an online poker bill needs a ‘two-thirds vote in both houses of the legislature to pass,’ and that isn’t going to happen unless a few more secrets spill out of the bag.

This is a reprint from calvinayre.com. to view the original, click here.