Recession Hits Sports Tout Business as Sevransky Home Goes Into Foreclosure

Written by:
C Costigan
Published on:
Aug/04/2010

Gambling911.com has learned that the home of well known sports handicapper Ted Sevransky has gone into foreclosure

Sevransky is a Vegas handicapper who has been interviewed by the New York Times in the past and is quoted heavlly in media.  He is the “house tout” for WhoCovers.com as well as some other sites.  Sevransky has also made a name for himself on the AM radio sports shows. 

“Apparently his capping has gone south with the economy,” commented Gambling911.com’s Thomas Somach.

Vegas in particular has been hit hard by the foreclosure crisis. 

Sevransky is not the first big name in the gambling sector who has had to deal with foreclosure.

2010 World Series of Poker finalist Michael Mizrachi lost his Hollywood, Florida home a few months prior to his big wins on the poker tournament circuit.

Mizrachi has actually won close to $2 million since the foreclosure story first broke and he is due at least another million dollars from his WSOP final table appearance come November.  

--

Jagajeet Chiba, Gambling911.com

Gambling News

Exploring the Best Online Casinos in Australia

Explore the world of internet gambling with the help of a well chosen guide written by gaming enthusiasts. This in-depth investigation examines the best Aussie gamers can play at online casinos, all of which have been screened for game selection, security, customer support, and special offers.

The Excitement of Sports Betting and Casino Gaming

The Excitement of Sports Betting and Casino Gaming

The thrill of a close game and the intense excitement of waiting for the final play to unfold—sports betting adds a layer of anticipation to watching sports that countless fans find irresistible. Similarly, the allure of casino gaming, with its mix of chance, strategy and the potential for big wins, such as in the new game aviator, attracts players from all walks of life. These pastimes offer a diverse form of entertainment rich in excitement, skill and the thrill of the unknown, captivating a global audience.

Syndicate