NEW YORK (AP) -- Clinching the office pool for March Madness entitles you to a pot of money and gloating rights. And nobody can take that away from you, except maybe the IRS.
Even if your winnings seem like chump change, any money you pocket from gambling is considered taxable income. It's not likely that the Internal Revenue Service will come after you for your NCAA pot, but there are times ... read more
Phil Ivey Sulks $2 Million Cash Loss in Sour Superbowl XLIV Colts Money-Line Wager
Poker News, Young Guns of Poker | Sam Mishra | February 7, 2010 at 11:39 PM
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As you may already know the New Orleans Saints won the Superbowl XLIV 44 verses the Indianapolis Colts for a final score of 31-17. Many of the sports-b ... read more
History was never one of my favorite subjects in school. But one thing I've learned over the years as a sports bettor is that you have to consider what has happened in the past if you want to try and predict the future.
No, past results don't always repeat themselves in the NFL, or any other sports league for that matter. Sports betting brings a human element into the equation, meaning anyt ... read more
There will be approximately $10 to $12 billion wagered on this year's Super Bowl and if you're reading this article, the odds are good that at least a few of those dollars will belong to you.
Betting on the Super Bowl has practically become a national pastime, as people who don't gamble on any other sporting event often find themselves with a vested interest in the outcome of the game.
LAS VEGAS – Sitting in the epicenter of Lagasse's Stadium at The Palazzo on a Sunday morning in November, it suddenly occurred to me that I was living the dream of a sports gambler.
In front of me on my own personal coffee table was the Sunday newspaper, a Bloody Mary, a sheet of NFL betting lines and prop bets for the day and the tickets for the six wagers I had just placed on the 10 a.m. ... read more
The Buckeyes already owned a Big Ten title, but in their Nov. 21 conference finale against Michigan, there was hardly reason to relax. One of college football’s most storied rivalries demanded a full-tilt effort, and that’s what Jim Tressel’s team provided in a 21-10 win over the hated Wolverines.
OSU’s offense struggled, as quarterback Terrelle Pryor w ... read more
If you've ever wanted to place a bet on a sporting event, but were overwhelmed by all the talk of odds, point spreads, bookies, and sportsbooks, relax. We'll have you ready to join the action in no time. While at first glance the world of sports betting can seem to be a complex one, it's not nearly as daunting as it may first appear.
Sports gambling has been around since the beginning o ... read more
South Bend, IN (Sports Network) - Brian Kelly has officially been named the next head football coach of the Notre Dame Fighting Irish.
Notre Dame confirmed the reported signing with a press release late Thursday night that indicated Kelly inked a five-year contract and will be formally introduced at a press conference on Friday at 1:30 p.m. (et).
A number of years ago the Gold Sheet's Mort Olshan developed the term "Power Underdogs," which was simply a system of betting on good teams when they were underdogs. The premise was that when programs which consistently fielded good teams were made an underdog they had a good chance of covering the point spread, as they were capable of winning the game outright, or at least play tough enough to ... read more
Lou D'Amico has been involved in the sportsbook business in Las Vegas for the last 35 years so it's safe to say that he's seen it all. But even a guy with the veteran status of D'Amico has had an extra hop in his step this week, thanks to the new "In-Running" sports betting product that will be available for the 2009 NFL season at The Venetian, Palazzo and the M Resort Spa Casino.
SAN DIEGO, California -- As reported by UPI: "The leader of a card-cheating ring faces up to 20 years in prison when he is sentenced in San Diego federal court this week, officials said.
"Phuong Quoc Truong, 44, known in gambling circles as Pai Gow John, was a leader of the ring that took up to $7 million from 25 casinos. In an era of high tech cheating, the Truong scheme was exceedingly old ... read more
The only legal sports betting to take place in the state of Delaware this fall will be on NFL games and the only type of wager available to bettors will be parlays.
That's what the 3rd U.S. Circuit Court of Appeals ultimately decided on Monday in a 23-page opinion that said the state can "institute multigame (parlay) betting on at least three NFL games" without violating federal statutes ai ... read more
The only legal sports betting to take place in the state of Delaware this fall will be on NFL games and the only type of wager available to bettors will be parlays.
That's what the 3rd U.S. Circuit Court of Appeals ultimately decided on Monday in a 23-page opinion that said the state can "institute multigame (parlay) betting on at least three NFL games" without violating federal statutes ai ... read more
I feel the NFL preseason is a great opportunity to start and build a nice bankroll for the upcoming regular season. Many gamblers and handicappers have the opinion that the preseason games should be left alone and not bet on. I feel just the opposite. If you do your homework the preseason games offer the betting public a tremendous chance to make a ton of money.
In this historic downturn, even usually recession-proof industries are hurting. But the nation's 2 publicly traded 'gentlemen's club' chains are finding ways to adapt.
Two years ago, America's two publicly traded strip-club chains were thriving, reporting big sales gains, buying clubs on a nearly monthly basis and posting threefold and fourfold stock-price gains.
Today in the Daily Sports Roundup: A light baseball slate includes the D-Backs taking on the Marlins, and the Penguins and Canes start their third-round series.
Meeting up on the diamond . . .
Dan Haren will try to boost his season record to the .500 mark on Monday night when his Diamondbacks start a series on the road against the Marlins. Righthande ... read more
The Horse that got away from the betting public, his Name? "Mine That Bird".
This horse was hidden from the public since July of 2008! up in Woodbine/Canada Region. Most of the betting public didnt see all the stats on MTB in the racing Programs. MTB has Top Breeding with Birdstone ( Winner of the Belmont over Smarty Jones) and Smart Strike ( Does CURLIN ring a bell?). In 8 starts, MTB went on ... read more
The NFL draft is mere hours away, and the draft board continues to shuffle. We have yet to see a trade involving a first-round pick, but there is plenty of player movement in our first-round projection.
Remember, trades are not a part of this projection, so we have the Broncos addressing their defense and the Jets looking for receiver help in the middle of the first round, and the Gia ... read more
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