The US Department of Justice has approved the first round of payments to those customers affected by the abrupt closure of Absolute Poker and Ultimate Bet
2012 Summer Olympics
2012 Summer Olympics
Responding to reports that he had won $100k while playing poker at the Wynn Hotel and Casino this past weekend, Olympic multi-gold medal winner Michael Phelps shot down the story, first reported by TMZ.com.
He tweeted: "I wish I won a 100k.... Haha not true tho.”
His friends have told media outlets they were about Phelps squandering his millions playing poker, a game the now retired Olympian swimmer admits to have fallen in love with.
First it was US Olympic medal winning swimmer Ryan Lochte romping naked in Vegas with Prince Harry, now comes word that fellow Olympian (now retired) Michael Phelps just won a huge $100k pot in Sin City playing poker.
The win was reported by TMZ.com and occurred at Caesar’s Palace.
After a long and unnecessary ordeal, the grandmother of Great Britain Olympian bronze medal gymnast Sam Oldham finally has cash in hand for the entire €1000 owed to her by bookmaker BetFred.
You might recall that BetFred initially refused to pay Linda Aldred, 66, her £1000 winnings on a £5 bet that her grandson Sam would win an Olympic medal. BetFred claimed the bet was on an individual medal and that the team, not Sam specifically, won the bronze. Great Britain won its first Olympic medal in 100 years.
BetFred finally paid British Olympian gymnast Sam Oldham’s grandma. Too bad the check was no good!
Perhaps it was just an honest mistake but Linda Aldred tells Gambling911.com BetFred sent her and Sis two separate checks, neither of which were signed.
“BetFred say they send out plenty of cheques (so) it is no unusual for an odd one to go unsigned,” Ms. Aldred said. “Strange that two in the same dispute happen not to have been signed.”
BetFred advised Gambling911.com late Thursday it had decided to pay out on an Olympic bet placed by the grandmother of Olympic gymnast Sam Oldham, ending a brief - albeit ugly - chapter in the company’s history.
Late Thursday, British bookmaker BetFred, run by multi-millionaire Fred Done, refused to budge in regard to paying the grandmother of Olympic swimmer Sam Oldham. Many across the nation – and the world for that matter – have taken to Twitter to voice their outrage and hopefully pressure BetFred into doing what they believe to be the right thing.
The headlines these past 24 hours have been jarring.
From the Daily Express: I’ve Won 200-1 Bet on My Grandson at Olympics….But Bookies Won’t Pay Up
From the San Francisco Chronicle: British Bookmakers Won’t Pay Out Grandmother’s Winning Bet
British bookmaker BetFred.com has refused to pay out on a 200/1 bet placed by Olympian San Oldham’s grandmother that he would win a medal at this year’s London Olympics. Oldham ended up winning a gymnastic team bronze medal representing Great Britain. The win was considered a major upset and the first in gymnastics for England in 100 years.
Friends of Olympic swimmer Michael Phelps claim the record gold medal winner “only thinks about gambling” these days, more specifically about playing poker.
Gambling911.com just the other day featured a report on Phelps desire to become a poker pro.
With one of the greatest poker players to ever live, Phil Hellmuth, gushing all over one of the greatest Olympians who has ever lived, Michael Phelps, it’s no wonder the rumor mill is alive with talk that Phelps is preparing to embark on a professional poker career.
The final tallies are out and the big winners at this year’s London Olympics was not the athletes but rather the online bookmakers.
An estimated £80-100 Million is believed to have been wagered on the London Olympics, according to Sporting Index. Initial forecasts called for somewhere between £20-£40m.
USA vs. Spain betting odds had Team USA coming in as a -20 favorite to win the gold at this year’s London Olympics at Bookmaker.eu, which was giving away up to US$500 in FREE BETS to qualified new customers. BETS NEED TO BE PLACED BEFORE 10 AM EDT SUNDAY.
Team Mexico takes home the gold after stunning heavy favorite Brazil in London Olympic football.
The Brazil side had some into the Olympics as a slight EVEN odds favorite over Spain while Mexico had somewhat long odds at 14/1. Mexico still paid $500 for every $100 bet in the Olympics Soccer Final against mighty Brazil.
The London Olympics are winding down with Mexico vs. Brazil betting odds taking center stage this coming Saturday. Brazil was close to a 1/2 odds favorite while Mexico would pay out nearly US$50 for every US$10 bet. These odds were available at Bookmaker.eu and were subject to change.
London Olympics betting for August 10 had Jamaica among the most wagered on at 1/5 odds to win the Men’s 4x100m Relay. These odds were available at Bookmaker.eu and were subject to change.
The London Olympics betting odds for August 9 feature the final day in which medals will be handed out for swimming with the Women’s 10k Swimming event going off at 7 am EDT at Bookmaker, which was giving away up to US$500 in FREE BETS to qualified customers here.
sp between Argentina and Brazil and Australia and the US along with Spain vs. France and Lithuania vs. Russia. All odds were courtesy of Bookmaker.eu, which was giving away up to US$500 in FREE BETS here.
Before you get too down on Australia, keep in mind that Team USA must cover by 33 points in this matchup. 80 percent of those betting on Australia vs. USA were still backing the huge favorite.
Tuesday’s Olympics betting brings us the very best in Men’s Triathlon odds, which can be found at Bookmaker.eu, which was offering up to US$500 in FREE BETS. This event must be wagered on prior to 6 am EDT Tuesday August 7.
Bookmaker.eu has a ton of Olympic Betting odds for August 6 with plenty of Gymnastics action on tap. Qualified new customers receive up to US$500 in FREE BETS here.
The man with the most career World Series of Poker bracelets just got back from cheering on the man with the most career Olympic medals!
Usain Bolt is widely expected to win the 100m at Sunday’s London Olympics yet, at 8/11 odds, there is still some pretty good value in placing that wager.
(Reuters) - Illegal gambling has not yet targeted sports during the London 2012 Olympics after almost a week of competition, the International Olympic Committee said on Thursday.
The IOC has set up a monitoring system for illegal gambling on the 26 competitions during the July 27-August 12 Games as it seeks to counter the growing threat in professional sports.
He may be a huge long shot to win the Men’s 400m but there is little doubt everybody, including sports bettors, will be rooting for South Africa’s Oscar Pistorius to win this big event. Paddy Power was one of the bookmakers offering odds on Pistorius to win the 400m at 100/1.
London Olympics Swimming odds featured betting on who will win the 1500m Freestyle and which country will go on to win the 4x100m Medley Relay – Men. All odds courtesy of Bookmaker.eu, which was offering qualified new customers the opportunity to receive up to US$500 in FREE BETS here.
London Olympics betting odds for Table Tennis (both Men’s and Women’s) and Fencing Men’s Sabre outrights were available from BetOnline here.
We have some great boxing matches on tap for the London Olympics this day August 2 with all betting odds available at Bookmaker.eu, which was offering up to US$500 in FREE CASH for qualified customers here.
Olympics host country Great Britain has a shot at taking home the gold in Men’s Four Rowing. Great Britain was coming in as the 4/6 favorite but with Australia a very close 5/4. Greece had the next shortest odds at 14/1. All betting odds available at Bookmaker.eu, which was offering up to US$500 in FREE CASH for qualified customers here.
Betting on London Olympics Swimming for August 1 and 2 was available at Bookmaker.eu, which was offering up to US$500 in free bets to qualified customers.
All times LOCAL LONDON:
20:20: Mens 100m Freestyle had James Magnussen of Australia getting the most betting action at 4/7 odds.
2012 London Olympics Men’s Singles Tennis odds for July 31 and August 1 were available at Bookmaker.eu, which was offering up to US$500 FREE BETTING for qualified new customers.
Men’s 200m Breaststroke swimming betting odds to win the gold medal featured Hungarian Daniel Gyurta as the 5/4 favorite at Bookmaker.eu, which was offering up to US$500 FREE BETTING for qualified new customers.
A suspended police officer has been arraigned on a manslaughter charge in the chokehold death last May of an unarmed man he chased out of a Las Vegas Strip casino.
New rules from Beijing prohibit investments in core military technology and anything that endangers national security, according to a report filed by CNBC Monday.