NBA Cancelled Season Not a Concern to Bookies

Bookmakers in attendance at this past week’s Punta Cana Poker Classic expressed little worry over the NBA season being cancelled this year. 

“We don’t take enough action on the NBA to have a serious impact,” said one online bookmaker.  “It’s not a big deal.”

Bookies admitted that College Basketball gets much heavier action as does the NFL and College Football. 

“We’ve gotten crushed by the NBA in recent years,” the bookie revealed.

Had the NFL season been lost or even abbreviated, bookmakers admitted they would have seen massive losses.

While the NBA and Baseball see some betting action, it is not until the Playoffs where bookies see significant wagering action. 

The players' association rejected the league's latest proposal for a new labor deal Monday and began disbanding, paving the way for a yet-to-be filed lawsuit and throwing the 2011-12 season into jeopardy.

The players' association rejected the league's latest proposal for a new labor deal Monday and began disbanding, paving the way for a yet-to-be filed lawsuit and throwing the 2011-12 season into jeopardy.

"We're prepared to file this antitrust action against the NBA," union executive director Billy Hunter said. "That's the best situation where players can get their due process."

"It looks like the 2011-12 season is really in jeopardy," NBA Commissioner David Stern said in an interview aired on ESPN. "It's just a big charade. To do it now, the union is ratcheting up I guess to see if they can scare the NBA owners or something. That's not happening."

- Don Shapiro, Gambling911.com