Sports, Gambling, and Referees | Patrick Anderson

Counselors and consultants speak to athletes at every level to warn about fraternization with gamblers.

I have no reason to believe that this has happened. Gamblers have tried to pay players to “throw a game” or influence the final point spread. But when an entire contingent of professional referees is summarily discarded and replaced by unknown amateurs, risks to everyone interested in the games are heightened. These are just two easy examples how a player could have some role in determining the outcome of a game in favor of a gambling interest, and happily such instances have been rare.

What makes this topic so timely today is the disturbing performance of the “replacement referees” in National Football League games this season. Even with instant replay the football holding call or the charge-block call in basketball can be ambiguous.

The poor performance of the replacement referees in National Football League games is a point of conversation around every water cooler, bar, and Sunday School class. In football, for instance, holding can be called on virtually every play. I am not talking about office pools or friendly wagers on the outcome of a particular game. The NCAA basketball tournament sets records each March in the total dollar amount changing hands between gamblers. But for me, criminologist that I am, the real danger to the game is not just in the poor referee performance.

Gamblers have sought ways to control the outcome of a game and the point spread. The Super Bowl provides a forum for billions of dollars in wagers. If the Lakers win by only 6 points, the gambler who took the Knicks and the points wins. The Professional Golf Association, NASCAR, Major League Baseball and other sports associations provide fodder for the gambling industry.

The NCAA and NFL and NBA have taken strong strides to protect the games from such corrupting influences. Who knows how point spreads have been affected. If Green Bay loses by 4 points, the gambler who took the Seattle Seahawks wins. The mammoth amount of serious wagering on sports events is well documented. The NFL league leaders have responded to rather modest demands of the professional officiating staff they have developed, trained, and utilized by locking them out.

The worst kept secret regarding professional and collegiate sports is the heavy presence of big-time gambling and gamblers. Players’ safety has been jeopardized.

The day-to-day, week-to-week sports betting activity is huge, and the bets are not only about which team wins and which loses. In their place the NFL hired inexperienced men to take their place. I am waiting for the most interested of all football followers to weigh in on the issue… the gamblers.

But what should strike fear in the hearts of the professional sports league is the possibility that a poorly trained and paid part time amateur referee can make a crucial 4th-quarter call in the end zone, or call holding on a 3rd-and-long which reverses a crucial first down and therefore the outcome of a game.

But professional and collegiate sports organizations have known for many years that the biggest threat to their game is in the area of officiating. A basketball player can influence things by “accidently” throwing a pass out of bounds at a key juncture late in a game, or purposely missing free throws, for instance. A quarterback can throw a pass incomplete, resulting in the failure of his team to reach field goal range, especially after the winning or losing outcome of the game has been settled and the only issue is the point spread. I am talking about the multi-billion dollar worldwide industry in sports betting. An official who has a financial stake in a game can change the momentum or scoring opportunity without much chance of being caught at it. Referees have incredible influence over the games they officiate. The outcome of some games has been determined by the ineptness of the replacement referees. The weird determination in Monday night’s game which awarded the Seattle Seahawks a touchdown, despite the fact that a Green Bay Packers player apparently caught the football in the end zone, has been discussed far and wide. One can gamble on the spread of the final scores of football or basketball games, called the “point spread.” Odds-makers set the odds, saying “Seattle is a 3-point favorite over Green Bay.” Or, “the Lakers are a 7-point favorite over the Knicks.” Gamblers can choose whether or not to bet Green Bay plus 10 points, or the Knicks and 7 points over the Lakers. In baseball, the scandal of the “Black Sox” early in the 20th century led professional baseball to establish strong anti-gambling rules. It can get a lot more complicated than that.. In basketball the charge-block call can legitimately go either way in many cases. Just ask Pete Rose

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In Atlantic City, Resorts Opens Online Casino and Internet Gaming Lounge « CBS Philly

ATLANTIC CITY, N.J. (CBS) — Resorts casino-hotel has opened an online casino and what they claim in the world’s first lounge designed exclusively for Internet gambling.

“We have tables that have our online gaming platform built right into them, so what you can do on your computer at home or what you can do on your tablet you can do right on various tables throughout the iGaming Lounge,” said Resorts president and CEO Mark Giannantonio, who said the lounge is a very high-tech innovation, much like an Apple store.

The Resorts iGaming Lounge allows up to 100 patrons to play different casino games online while at Resorts.

Resorts also launched its online casino. That’s behind us now.  I think that beautiful thing about Atlantic City is we have scalability.”

. Giannantonio says paired with the iGaming Lounge, visitors will have a wider choice of gambling experiences.

By Justin Udo

“I think it means that Atlantic City is very serious contender when it comes to gaming,” he told KYW Newsradio today.  “We’ve had kind of a tumultuous period with foreclosures (in the city)

Boxing’s Greatest Investment: Floyd Mayweather’s $750,000 Bet On Himself

Mayweather has netted $420 million in earnings during his career with more than 90% of that total earned since he started calling his own shots. The move was a no-brainer for Showtime, which was trying to raise the stakes in its blood feud with HBO. The two bouts drew middling PPV figures of 365,000 and 375,000. He was featured in his first two PPV cards against Arturo Gatti in 2005 and Zab Judah a year later. He envisioned himself as a headliner who could make “nine-figures” in one night. The pact guaranteed him at least $32 million for each fight with potentially much more and will go down as the richest contract in the history of sports. 11). Mayweather didn’t care as long as you bought the PPV for his fights.

Mayweather operated under the “Pretty Boy” nickname his entire career. “People love or hate him, but they watch him,” Showtime Sports head Stephen Espinoza told Forbes at the time.

Mayweather was part of WrestleMania the following year, although he was blowing smoke with his claim of a $20 million payday from WWE. On the show, he met Mark Cuban, no slouch when it comes to marketing yourself. The fight had 2.25 million PPV buys and a record $153 million in PPV revenue. He became a world class marketer playing a WWE character come to life, who nearly everybody hated. He is fighting for his legacy as one of the sport’s best ever. Mayweather set up his own promotion company, Mayweather Promotions, and arranged for all of the revenue streams to flow through him for his bouts. “I don’t think people realize just how focused [Mayweather] is on being more successful outside the ring than he is inside,” Cuban told Forbes in 2010.

Mayweather turned pro in 1996 after winning a controversial bronze medal in the 1996 Summer Olympics. Baldomir was a warm-up for what was to come.

Ellerbe thinks Mayweather’s $750,000 payment to get out of his Top Rank contract is more than just the best investment in boxing history. Mayweather had a guarantee of $41.5 million and earned more than $30 million on top of that from his cut of the fight’s revenue.

Mayweather’s big score came in 2013 with his blockbuster six-fight deal with Showtime. Follow me on Twitter or Facebook. Pulling the strings on Mayweather’s career was Top Rank founder and CEO Bob Arum, who has promoted many of boxing’s biggest legends including Muhammad Ali, Oscar De La Hoya and Manny Pacquiao.

Mayweather had a unique opt-out clause in his contract with Top Rank that let him pay $750,000 to get out of his promotion contract. Mayweather built a massive social media following that now counts 5.9 million Twitter and 10 million Facebook fans.

Mayweather went out on his own and started calling the shots. “It is the best investment in the history of sports,” he says.. Mayweather picked Cuban’s brain relentless on business. Mayweather bet on himself.

-

The 47-0 champ, five-division world champion has generated a record $871 million in career PPV revenue with all but roughly $40 million since he split from Top Rank. Saturday’s fight is set to break every financial boxing record in the books with Mayweather looking at a payday of $150 million or more.

Floyd Mayweather poses on the scale at the weigh-in the day before the fight of his life against Manny Pacquiao. The notorious gambler got to the pinnacle of the sport by a shrewd $750,000 bet in 2006. (AP Photo/Chris Carlson)

The Mayweather-Arum partnership was fruitful for both as Mayweather stayed undefeated with a growing paycheck. His first fight was against Carlos Baldomir and the fight drew only 325,000 PPV buys, but Mayweather banked a career high $8 million payday, more than double what he was earning over his last fights with Top Rank. 2013 bout against Canelo Alvarez. The moniker came as a result of how little he got hit due to his superior defense. The $750,000 price tag might seem small today with Floyd banking $105 million last year as the world’s highest-paid athlete, but in the mid 2000s his paychecks were all in the $3 million range.

The De La Hoya fight marked the first of 10 straight paydays of at least $25 million (Saturday night will be No. “Floyd walked into Top Rank’s office, handed them a check and the rest is history.”

“He had the great vision to take his brand to the next level,” says Ellerbe. Both were records with the PPV buy record still standing. Mayweather earned $25 million, including his share of PPV revenue

Mayweather’s biggest payday came for his Sept. He ran his record to 18-0 and won his first world title with a technical knockout of Genaro Hernandez in 1998. “Floyd wanted to take his career in a new direction,” says Leonard Ellerbe, Mayweather’s long-time confidante and CEO of Mayweather Promotions. But one thing already secured by Mayweather is his role as the biggest PPV star and richest boxer in the history of the sport. He appeared on Dancing with the Stars in 2007, which opened him up to a new audience. But in 2007 before the biggest fight of his life, Mayweather unleashed a new name: “Money.” Mayweather’s split decision victory over De La Hoya garnered 2.48 million PPV buys and $137 million in PPV revenue. Mayweather wasn’t satisfied. Read all of my Forbes stories here.

Floyd Mayweather faces the biggest fight of his career Saturday night against Manny Pacquiao

Hard Rock Hotel & Casino Enters Operating Agreement with Cantor Gaming

In-Running betting allows wagering on live sporting events throughout the event. “Instead of the action stopping once the game gets under way, with In-Running that’s precisely when the action starts. Cantor Gaming’s In-Running wagering system, driven by the firm’s highly sophisticated, proprietary financial trading technology enables customers to trade sports. For room availability and additional information call 800.HRD.ROCK (800.473.7625) or visit www.hardrockhotel.com.

“Cantor Gaming has created an entirely new and exciting approach to betting on sports,” said Joseph A. eDeck offers casino customers the ability to play familiar casino-style games including slots, blackjack, roulette, baccarat and poker within designated areas of the casino property, away from the casino floor. Earlier this year, Cantor Gaming and Hard Rock Hotel Casino agreed to install the eDeck mobile gaming system at the property – to be rolled out upon regulatory approval. Built in 1995, the property recently completed its $750 million expansion in early 2010. Cantor is the first company licensed to manufacture, distribute, and operate a mobile gaming system by the state of Nevada and remains the world leader. Cantor was also the first company to introduce In-Running wagering to Las Vegas, at the M Resort Spa Casino’s Race and Sports Book, in March 2009.

LAS VEGAS–(BUSINESS WIRE)–Hard Rock Hotel Casino has entered into an operating agreement with Cantor Gaming, an affiliate of leading global financial services firm Cantor Fitzgerald, to serve as the exclusive race and sports book operator. In addition, Cantor Gaming has developed a suite of proprietary casino games for eDeck including XtraOdds Baccarat(TM) and XtraOdds Blackjack(TM). (NASDAQ: MHGC) and equity partner DLJ Merchant Banking Partners, is a premier destination entertainment resort situated on 26 acres in Las Vegas. Hard Rock Hotel Casino offers an energetic entertainment and gaming experience with the services and amenities associated with a boutique luxury resort hotel. Lucky’s 24/7 diner; numerous cocktail lounges; several retail stores; and the Rock Spa/Health Club, a state-of-the-art fitness center. For more information please visit: www.cantorgaming.com.

Hard Rock Hotel Casino, owned and operated by Morgans Hotel Group Co. Magliarditi, President and CEO of Hard Rock Hotel Casino. Gone are the days when you could only bet on a sporting event by lining up at the window before the games started. Cantor Gaming will initially integrate its state-of-the-art In-Running technology into Hard Rock Hotel Casino’s existing race and sports book, with the aim of launching upon regulatory approval.

Lee Amaitis, President and CEO of Cantor Gaming added: “With the innovations in technology today, information is available at the touch of a button: we can receive news and data in an instant, manage our finances online and send text and video round the world in real time via mobile phones. Bets can be placed throughout a game, on numerous different outcomes and with the lines constantly changing, up until the final whistle.

Cantor Gaming is an affiliate of pre-eminent, global financial services firm Cantor Fitzgerald L.P., which has over 60 years of experience and unparalleled expertise of highly secure real-time, global financial transaction processing, management, and execution. Cantor Gaming offers mobile solutions to the gaming industry through its proprietary mobile gaming device, eDeck(TM). This opens up a whole world of opportunities and we’re pleased to be able to offer this innovation to our customers.”

About Cantor Gaming. The property is known for its innovative nightlife and music scene where such acts as The Rolling Stones, Bon Jovi, Paul McCartney, Incubus, Nine Inch Nails and The Killers have all performed. Our In-Running system applies this generation of technology to sports wagering. Now you can trade sports in the same way you trade the financial markets – our technology has made sports wagering dynamic, interactive and, most importantly, relevant to today’s casino customers.”

About Hard Rock Hotel Casino

Hard Rock Hotel Casino will begin work on a new race and sports facility with Cantor Gaming, slated to open in spring 2011. On approval, wagering methods will include Cantor’s wireless system, so patrons will not be physically bound to the sports book.

The race and sports book operations will launch a new era in sports wagering at Hard Rock Hotel Casino. Features of the property include an 11-story Hard Rock Hotel tower with 640 guest rooms, 17-story Paradise Tower with 490 rooms and suites and the all-suite HRH Tower with 359 suites, eight spa villas and seven penthouse suites; 72,000 square feet of casino space; 80,000 square feet of flexible meeting and convention space; the luxurious Vanity nightclub; Reliquary Water Sanctuary Spa; BrannonHair salon; 4.8 acres of tropical pool paradise; Rehab, the trendsetting Sunday afternoon pool party; The Joint by Rogue concert venue, home to Supernatural Santana: A Trip Through the Hits; Hart Huntington Tattoo Co.; Poker Lounge; restaurants including Rare 120 steakhouse, the Tuscan-style Italian eatery AGO, world-renowned Nobu, Johnny Smalls, Pink Taco and Mr

Nevada OKs Online Gambling – ABC News

“What this is asking us to do is to legislatively sanction a monopoly for an exclusive few that has always prided itself on the competitive nature of the marketplace,” Care said.

A manufacturer of an interactive gambling device would pay a $250,000 license fee; a $100,000 fee would be assessed against a manufacturer of equipment associated with a gambling device; and a $50,000 fee would be charged for a license of a manufacturer of peripheral equipment. That plan, to let casinos offer blackjack, roulette, slot machines and other games over the Web, is unlikely to see action before upcoming summer break.

Legislators have approved a bill allowing Nevada to become the first state in the nation to offer Internet gambling, a jackpot that could be worth $6 billion to casinos by 2003.. Terry Care, a Democrat, opposed the latest bill, saying the $500,000, two-year licensing fee for Internet gambling would makes it impossible for small casinos and entrepreneurs to participate.

But state Senate Judiciary Chairman Mark James, a Republican, said the $500,000 fee ensures that reputable companies undertake Internet gambling.

Lawmakers approved the bill Monday even though the Justice Department considers Internet gambling illegal. ban — reached $1.5 billion last year and could quadruple by 2003.

Issues to Address

Nevada state Sen. Kenny Guinn for signature on a 17-4 state Senate vote, began as a uniform statewide work card system for casino workers. The Internet gambling provisions were amended into the bill after an initial plan for such gambling died in the Senate.

Experts estimate that revenues from Internet gambling — largely conducted by offshore companies because of the U.S. Casinos would pay a 6 percent tax on the gross win from the Internet.

To ensure Nevada’s expansion into Internet gambling moves ahead smoothly, the state Gaming Control Board and state Gaming Commission must first draft and adopt rules governing such gambling.

Hefty Fees

Nevada’s bill, which moved to Gov. Also the games couldn’t be played by online players in states that prohibit gambling.

Hotel-casinos with unrestricted gambling licenses could apply to conduct Internet gambling, posting the $500,000 fee when applying for two-year licenses.

Some New Jersey legislators wanted to beat Nevada into cyberspace, but an Internet gambling bill introduced there in January is stuck in committee. State officials say court challenges could change the federal government’s position.

Those requirements would include assurances that minors wouldn’t be able to play

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Learn A Variety Of Baccarat Strategies For Every Taste, Style And Budget

Basically, it states that you need to double your bet after every loss that you incur. The first of many baccarat strategies is more commonly known as the Martingale Betting System. Again, this is not a foolproof betting system, but it can potentially increase your earnings at the baccarat table.

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Perhaps the simplest strategy available in baccarat is to spot any patterns that are available in the game. The strategy is not foolproof, because gambling is based on luck and there is always the chance that you may just keep on losing regardless of the strategy you use.

Author’s Bio: . It is believed to have been around for more than 300 years, is based on the simple principle that one big win is enough to cover all of the losses that you have incurred prior to that win.

Learn more about the number of Baccarat Strategies in use, and find the best one that may just help you win the big one.

Another betting system is known as the Fibonacci Betting System, which is followed by many baccarat players. Every time you double your bet the winnings are also doubled, which means that one win in this specific streak would be enough to cover your losses. Some people claim that pattern spotting is not feasible idea, but others are firm believers that following the pattern in the game is a superior baccarat strategy, in which you can employ the Fibonacci or other betting system, or your own specific strategy. The bet stays at that specific amount until you lose, and then increase your bet to coincide with the system for of all of your winning wagers following the sequence. This is an excellent system when the stakes are very small. So, you keep doubling your bet with every win, and the primary principle behind this betting strategy is that any winning streak that you are on should be taken full advantage of, no matter what. Despite the fact that the house generally has an upper hand in card games, with some simple Baccarat Strategies, you can help to increase your opportunities to win quickly, simply and easily. Pattern watching is encouraged by casinos, as most of them will hand out a small piece of paper or a notebook as well as a pencil to allow you to follow the pattern of play. The system is used in a variety of gambling and trades with equal passion. The Paroli Betting System is opposite the Martingale Betting Strategy. In the Paroli, you change your bet with your winning streaks, instead of your losing ones. This is simply keeping track of any repetitive patterns available in the outcome of the game, providing you an opportunity to employ another type of betting system to potentially increase your win at the table. Regardless, these baccarat strategies are based on good planning, but the game is merely based on luck, regardless of strategy.

Although most people firmly believe that when you go and play in a casino, the casino always wins, but when it comes to baccarat there are a few strategies that you can use to help give yourself an edge against the house. This system is best for people who only place small bets at the table, because you bet first with a single, set amount

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