The University of Colorado has entered into a five-year partnership with online sports betting operator PointsBet, marking one of the first deals between a major college athletics department and a gambling firm. Under the agreement, PointsBet will display signage at Colorado’s football stadium and basketball arena, and will place ads […]
Gambling Industry
Del Mar Defies the Odds with Increased Handle, Decreased Racing Days
Del Mar’s 2020 summer meet ran with 25% fewer racing days than there were in 2019, and without spectators. Even so, the seaside San Diego-area track increased its betting handle 8% from last year. Race-starved Californians combined with action-hungry bettors outside the state to boost the track’s handle to $466.68 […]
No Fans? No Problem as Saratoga Surpasses $700 Million in 2020 Handle
Bettors proved they could handle the magic of Saratoga’s racing season without being at Saratoga, passing the $700 million mark in all-sources handle for the second consecutive year. The numbers for the 40-day 2020 Saratoga meet remained surprisingly strong, despite the lack of fans due to the COVID-19 pandemic. Saratoga […]
Offshore Sportsbook 5Dimes Temporarily Leaving US Market, Promises ‘Fresh Start’
Costa Rica-based online sportsbooks 5Dimes told its American customers it will stop taking bets from the United States on Sept. 21, part of a change in strategy for the longstanding bookmaker. Customers can withdraw funds from their accounts up until Sept. 25, after which the money will be turned over […]
Tadej Pogacar Wins Stage 9 (Le Runs), Primoz Roglic Yellow Jersey
The Tour de France continued with another punishing mountain stage in the Pyrenees. Slovenia’s Tadej Pogacar (UAE Team Emirates) won his first-ever Tour de France stage with a victory in Stage 9 by a half-wheel at Le Runs. Fellow Slovenian Primoz Roglic (Jumbo-Visma) finished second and seized the yellow jersey […]
Wrigley Field Could Host DraftKings Sportsbook
Chicago Cubs fans may get to bet on their team at Wrigley Field whenever patrons are allowed back into games. DraftKings Plans Wrigley Field Sportsbook The Cubs announced a partnership with DraftKings to make the Boston-based company its official DFS and sports betting partner. It’s the latest in a series […]
Throw These Three Derby Hopefuls Off Your Betting Tickets
Picking a Kentucky Derby winner this year may seem easy on paper. Or chalk, as Tiz the Law and his generational-low 3/5 morning line odds illustrate. But while there’s plenty of value underneath, there are also plenty of minefields – horses you want to avoid stuffing underneath in those trifectas […]
Kentucky Derby Betting Options Go Deeper than Just the Derby
This weekend’s Kentucky Derby/Oaks cards provide bettors with a veritable wagering smorgasbord, one giving you betting options covering the entire risk/reward spectrum. There are, of course, your regular standbys: the win-place-show, exactas, trifectas, and superfectas. But because of the spectator-free nature of this year’s Derby and Oaks weekend, Churchill Downs […]
Wout Van Aert Wins Stage 5, Another Victory for Jumbo-Visma at Tour de France
During a flat, but punchy 183 km ride from Gap to Privas, Wout Van Aert sprinted to victory in Stage 5 of the Tour de France to secure consecutive stage victories for Team Jumbo-Visma. After the first five stages, Adam Yates (Mitchelton-Scott) moved into the overall lead in the general […]
Michael Jordan Takes Equity Stake in DraftKings, Stock Soars
NBA icon Michael Jordan will receive an equity stake in the sports betting company DraftKings. In exchange, Jordan will become a special advisor to the company’s board of directors. News of the deal, announced Wednesday, sent DraftKings’ stock soaring. This isn’t Jordan’s first investment in the sports betting sector. In […]
Hoof Injury Knocks Art Collector Out of Kentucky Derby
Expected to be a single-digit second favorite and the chief challenger to favorite Tiz the Law, Art Collector withdrew from Saturday’s Kentucky Derby due to a slight injury to his left front hoof. Trainer Tommy Drury, who was making his first career Kentucky Derby appearance with Art Collector, said that […]
Tiz the Law Opens as Lowest-Priced Kentucky Derby Favorite in 31 Years
The fact nobody has ever won the Kentucky Derby from post 17 didn’t dissuade Churchill Downs morning line oddsmaker, Mike Battaglia, from making Tiz the Law a 3/5 favorite for Saturday’s 146th Kentucky Derby. The Belmont Stakes and Travers Stakes champion drew post 17 in the 18-horse field, the smallest […]
Chicago, New England Favorites to be Leonard Fournette’s New Team
Now that the Jacksonville Jaguars have waived running back Leonard Fournette, the question becomes, who will his new team be? The former No. 4 overall 2017 draft pick apparently wore out his welcome with the organization, who cut him loose on Monday. Bovada quickly put out a prop bet on […]
Tour de France: Caleb Ewan Sprints to Sisteron Stage 3 Victory
Fighting a brutal head wind, Australia’s Caleb Ewan (Lotto Soudal) waited until the last possible second to accelerate and make his move to win Stage 3 (Nice > Sisteron) of the Tour de France. Julian Alaphilippe (DQS) retained the yellow jersey and overall lead during the third day of the […]
Speed Rules: How Fast is Your Favorite Kentucky Derby Hopeful?
When it comes to handicapping the Kentucky Derby, the speedy rule of thumb used to be simple. Bring your thumb down to the horses who ran at least a 95 Beyer Speed Figure, and begin your handicapping from there. That’s an easy place to start, considering 25 of the last […]
Despite Impasse, Nevada Books Can Handle Kentucky Derby Wagers
An impasse between Nevada casinos and Churchill Downs Inc. sent the state’s casinos back to booking the Kentucky Derby in-house, rather than partaking in the national pari-mutuel pools. In an agreement signed last week, the Nevada Gaming Commission approved a resolution that allows the state’s casinos to book action on […]
Cohen Nears Mets Purchase, Fans Cheer, J-Lo Laments
There might be light at the end of the tunnel for NY Mets fans. On Friday, the beleaguered team won a double-header against the Yankees. On Saturday, fans discovered that billionaire Steve Cohen is in exclusive talks — again — to buy the Mets. In a subway series for the […]
Appellate Court Upholds Maximum Security’s Derby Disqualification
On the cusp of the 2020 Kentucky Derby, the US Court of Appeals for the Sixth Circuit upheld a lower court decision validating Maximum Security’s disqualification in the 2019 Derby. In a unanimous 14-page decision handed down Friday, the three-judge appeals court upheld a November 2019 decision by a lower […]
NBC Announces Multiyear Sports Betting Partnership with PointsBet
NBC Universal became the latest major American media organization to partner with a sports betting operator on Thursday, announcing a multiyear partnership with Australian firm PointsBet. The deal makes PointsBet the official sports betting partner of NBC Sports. NBC Seeks Engagement, PointsBet Looks for Credibility PointsBet launched its US operations […]
Caracaro Scratched from Kentucky Derby After Morning Workout Injury
Illustrating in vivid detail the Road to the Kentucky Derby remains perilous, connections for Caracaro scratched the horse from the Sept. 5 Derby after a Friday workout at Saratoga. Exercise rider J.J. Delgado sent the Travers Stakes runner-up on a 1:12.26 six-furlong workout Friday morning. Afterwards, Delgado told trainer Gustavo […]