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Here are today's headlines in the world of gambling and sports betting as they happen - Sunday December 8, 2019.
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NJ Addiction Experts Warn NY on Dangers of Online Sports Betting
Neva Pryor, executive director of the Council on Compulsive Gambling of New Jersey, has warned New York not to expand into mobile sports betting.
“I think it’s better if a person has to physically go somewhere to bet,” she said.
From the New York Post:
With online apps, it’s like “having a casino in your back pocket,” she added. “It’s always available.’’
The council’s report found that the number of sports-betting calls its helpline received before the 2018 legalization was about 1 to 5 percent of the total, while afterward, that figure doubled to 10.8 percent.
The hotline averages a total of 96 calls a month about any number of addictions, so the sports-gambling ones jumped from as few as one to more than 10, the group said.
Last February, when the Super Bowl was played, that figure soared past 16.
Leaked Docs Reveal Bet365 Called Winners "Problem Customers"
A whisle blower has come forward with shocking revelations involving UK sports betting powerhouse Bet365.
James Poppleton worked as a customer account supervisor for 18 months in the company's Darwin, Australia office, and what he saw there disturbed him enough to speak up.
"Australians have an innate sense of fairness almost built-in, and what the bookies do, what bet365 does is not fair," he told ABC.
"You can't win. Those that win are stopped. Those that lose are exploited and then they develop cheating techniques as well."
"I'm speaking out about bet365 because the information I know is a burden on my conscience."
From ABC:
It was a bet365 promotion on the Big Bash League that made the agency attractive to Daniel Laidlaw. He's a punter who understands odds better than most.
A professional poker player by night, he treats sports betting as a hobby.
He noticed something unusual was happening with his bet365 account earlier this year.
"When I tried to place my usual-sized bets, it was apparent that I could only bet to win an amount in the range of $5-10 dollars when previously, I'd be able to bet to win amounts between $1,000 and $5,000."
As a result, Mr Laidlaw now gambles with offshore betting sites that pay no tax in Australia.
Bet365 won't tell Mr Laidlaw why it restricted the size of his bets.
ABC Investigations has obtained a screenshot of Mr Laidlaw's account details from inside bet365. It reveals that he has been effectively banned from betting with the agency. The truth is revealed by a secret algorithm that classifies Daniel as a successful punter and therefore a risk to the company's profits.
It rates him at 0.0025. This means inside bet365 Mr Laidlaw is considered a threat to its bottom-line.
According to former bet365 employee James Poppleton, a risk rating of 0.0025 is one of the highest that can be assigned.
He explains how the system operates:
"Your data tells them how many bets you've placed, what sport you've put it on, your average bet, your total turnover and your win or loss ratio to the company," he says.
"If you win, the algorithm kicks in and stops you from being able to bet any significant amount of money."
Our Free Picks Record as of December 8
2019 NFL Record: 3-10 (0%)
2019 College Football Record: 4-2 (66.6%)
2019 MLB Record: 26-18-2 (59%) - 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%)
December 7, 2019
December 1, 2019
- Aaron Goldstein, Gambling911.com
