Gambling and Sports Betting News Wire - July 9, 2019
Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday July 9, 2019.
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Americas Cardroom to Refund Players Affected by Technical Difficulties
We will have downtime time in 3 minutes to correct the issue that caused the problems today. It will take 45 minutes to have the client back up, and we will work on the refunds for all affected tournaments as soon as possible
— Americas Cardroom (@ACR_POKER) July 10, 2019
Poker Player Thrown Out of WSOP for "Stealing Chips" Apologizes
Hello
— BelianinG (@GBelianin) July 7, 2019
I really want to apologize to all players, staff, mr. Effel and the whole poker community for my unprofessionalism and misbehavior in WSOP main event. I take full responsibility for my behavior that I really got drunk and could not control myself.
Tom Steyer Opens With Long Odds
Oh goodie, just what we need - another Democratic candidate enters the race.
— Dave Mason (@DaveMasonBOL) July 9, 2019
Tom Steyer opens 50-1 to get the Dem nomination (Kamala the 5-2 favorite) and 100-1 to be the next Prez (Trump the 10-11 favorite)
Odds> https://t.co/R7rTiPeIc3
Sharp Action on the OVER 8.5 in All Star Game
Dave Mason of BetOnline reports that the total has moved up to 9. Sharp action is on the OVER when the number was 8.5.
These props available at BetOnline with the NL +107 and AL -117.
National League @ American League
Extra Innings
08:15 PM 4509 Yes +700
4510 No -1000
National League @ American League
Score In 1st Inning
08:15 PM 4505 Yes -105
4506 No -115
National League @ American League
Team To Score First
08:15 PM 4501 National League -145
4502 American League +125
National League @ American League
Team Winning After 1st Inning
08:15 PM 4507 National League -105
4508 American League -115
National League @ American League
Total Runs+Hits+Errors In 1st Inning
08:15 PM 4503 Over 3 Runs+Hits+Errors +115
4504 Under 3 Runs+Hits+Errors -135
2019 MLB Season Win Totals Updated
Courtesy of our friends at BetOnline
MLB Season Win Totals are updated:
— Dave Mason (@DaveMasonBOL) July 9, 2019
Yankees 99.5
Dodgers 99.5
Astros 99.5
Braves 90.5
Red Sox 90.5
Cubs 86.5
Phillies 82.5
Orioles 54.5
more> https://t.co/BQIV40Q09L
Public Money Flooding MLB All Star Game
Public money is flooding the MLB All-Star Game betting market, providing a prime opportunity for savvy bettors to lock in value. @PJWalsh24 explains how sharps are doing just that:https://t.co/br9ojC42Do
— The Action Network (@ActionNetworkHQ) July 9, 2019
Mike "The Mouth" Chip Count Cut in Half Due to Repositioning?
Finished day 3 of wsop main event with 515,000 going to 4K 8k 62bb! I had total control of table and they move a guy with A mill in chips to my direct left and I could no longer open pot so instead of 1m going to day 4 we got half! #wsop #TheMouthPiecePodcast @youstake
— Mike Matusow (@themouthmatusow) July 9, 2019
Why Poker Players Might Make Better Investors
Yahoo Finance suggests that poker players might make the best investors and here's why:
1. A recent study by the University of Alabama and the University of Central Florida found that the funds of hedge fund managers who perform well in professional poker tournaments also happen to outperform their peers.
2. The researchers found statistically significant outperformance among hedge funds with managers who have won at least one poker tournament. They featured average returns of 0.67% compared to 0.58%.
There is a word of caution however.
Unfortunately, according to the paper, high-profile poker wins may actually be detrimental to these fund managers’ performance. While these managers funds outperformed prior to winning tournaments, their alpha took a hit following the wins. The researchers said this deterioration in performance was steepest in funds with the largest net inflows, indicating its more difficult to outperform as the size of the funds get larger.
Bubble Bursts Late at 2019 WSOP Main Event
They're in the money!
— Card Player (@CardPlayerMedia) July 9, 2019
The bubble burst late on day 3 of the 2019 WSOP main event. The remaining 1,286 players have all locked up at least $15,000. Andrew Brokos, Galen Hall and Chris Hunichen are among the top ten stacks heading into day 4.
STORY: https://t.co/7S97dYZSlb pic.twitter.com/Xd7k0v2Usg
Monumental Sportradar Partnership
Monumental Sports Network announces partnership with Sportradar to offer viewers enhanced data integration; Get real-time scores and track betting odds — Details here. https://t.co/UPJnCJG1ac
— Ted Leonsis (@TedLeonsis) July 8, 2019
Our Free Picks Record July 8
2019 MLB Record: 17-12-2 (58.6%) - No Plays Over -160
2018-19 College Basketball Record: 12-9 (57.1%)
2018-19 NBA Record: 7-5 (58%)
2018 MLB Record: 45-35 (56.2%)
2018 NBA Record: 12-4-1 (75%)
