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?»?Introducing Finesse by Harrod Sport.
Finesse by Harrod Sport is our brand new sports performance equipment brand. The eye-catching Finesse range is the perfect addition to enhance individuals and teams training with the in demand performance equipment for every sport. From cones and hurdles to pop up goals, Finesse by Harrod Sport has a large range of equipment ideal for home use.
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All of our equipment is made on our site in Lowestoft, in Suffolk.
The Ron Harrod Foundation.
Established in 2018, Harrod Sport is looking for a young sportsperson in 2021 for Ron Harrod Foundation funding.
Proud suppliers to prestigious events.
Sole suppliers of Football & Hockey Goals, Nets and Shelters to the London 2012 Olympic & Paralympic Games. Also suppliers of Hockey Goals to the Rio 2016 Olympic Games and the Vitality Hockey Women's World Cup 2018.
Rugby World Cup.
Proud suppliers to the 2019, 2015 and 2011 Rugby World Cups all around the world.

Herrods sports betting.
Sports wagering is officially off and running in the Chicagoland area.
On Wednesday, former Bears running back Matt Forte was part of the ribbon-cutting ceremony at the Horseshoe Casino in Hammond, Indiana, as they officially opened their sportsbook for customers to place their bets.
???The Book??™ in Hammond is taking sports wagers for all professional sports, including those outside of MLB, NFL, NBA, and NHL.
On May 8, Indiana Governor Eric Holcomb officially signed a new law allowing 13 brick-and-mortar casinos to apply for licenses.
Two months later, Illinois Governor J.B. Pritzker followed suit. But the two-month gap in-laws passing has allowed Indiana to get the first crack at the Chicago market, which is significant.
The goal for Indiana all along was to be open for business by Week 1 of the NFL season when the Bears host the Packers in the kickoff of the 100th season of the National Football League.
What does it mean for Illinois? Well, for now, Illinois has to wait.
The positive? The bill has been signed into law.
The negative? Several hurdles remain before a brick-and-mortar casino will be good to go for customers to place sports wagers.
While Indiana offers a short commute to place a sports wager, it looks like Illinois may have to wait as long as Super Bowl Sunday before they can say the same.

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Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
HOOPS EXPERTS ON FIRE!!
Experts on FIRE!
Check back later.
Pregame Packages WILL NOT Profit Long Term!
Hear it from RJ himself!
Pregame packages WILL NOT profit long term!
I advise my clients to FADE Pregame plays and to PLAY ON my Experts plays!
Free Plays!
About Steve.
Fezzik is famous for his success. Steve has always been a unique guy, an extroverted Math Geek. A Chess Candidate Master (and High School State 2nd place finisher), later a Fellow in the Society Of Actuaries, Steve was a Vice President for a Major Los Angeles Insurance Company 1995-2001.
However, his passion was always getting the edge over the Casinos. Throughout the 1990s Fezzik would travel almost every weekend in the Fall to bet football in Nevada. By the late 1990s he was making more per hour doing this than his regular job, and enjoying it much more.
In 2001, Fezzik moved to Las Vegas and stayed under the radar initially. However, his success in high end sports betting tournaments put an end to that. During the decade Fezzik won six major sports betting tournaments, winning close to a million dollars!
Steve has been featured in numerous Magazines and Newspapers, including an exclusive by the LA Times on him. In 2013 Fezzik appeared in a prominent role in the movie "Life On The Line" (in which he was called "the best bettor in the world").
While Fezzik's expertise is sports gambling, he is well versed in all aspects of Advantage Gambling, and his resume includes poker tournament wins and a 3rd place finish in The "Blackjack Ball" THE annual competition of the world's best blackjack players.
Steve is known as an "advantage player", which is a style of wagering that relies heavily upon the use of probability, statistics and other mathematical techniques to maximize the "expected value" of wagers.

Famous Sports Bettors ??“ The Best Minds In The Business.
In the legal sports betting field, there are many major figures who have managed to make a full career out of betting on sports. Many celebrities indulge in sports betting on major events like the Super Bowl or NBA Finals, and some sports bettors make so much money off of a career of betting on sports that they become celebrities in their own right. Sports betting is really a window of opportunity as there are examples of high roller players cashing in big. Major names in the sports betting world all have stories to tell about the good and bad that comes with a professional sports betting life.
Sports bettors like Doc Holliday for example are one of the biggest names in gambling and have become the fixture to the public as the dark side of a career gambler. The professional gambler has seen the best possible outcomes of betting, as well as the fallout that comes with a life of gambling. Holliday has gone through downward-spiraling, the degenerate persona that most aligned itself with the idea of professional gambling ??“ a seedy calling in shady places, the office a smoke-filled den of booze, drugs, and dirty double-dealings. With the life that he has lived, many in the public view sports betting in this dark, underground life.
Of course, that??™s the myth aspect, and it really is just a fun, not so pretty fairy tale. Betting on sports is mainly a passed time done by regular sports fans and professional bettors are, for the most part, doing ok. The most famous bettors ??“ the people who have set the standard in the modern public psyche ??“ are basically just giant math nerds. These guys study the stats, the analytics of every game, team, and player, in order to calculate a prediction that can lead to a major win. If these guys weren??™t betting, they??™d be crunching crazy numbers and running advanced models at some Wall Street firm or yammering endlessly about sabermetrics and comic books on ESPN. Sure, they??™ve got ice in their veins, but for the most part, they??™re just numbers-obsessed adrenaline junkies and sports fans chasing a thrill.
This page will introduce you to some of the biggest and most successful famous sports bettors out there. These bettors have many tips and tricks that could be useful to the everyday bettor and have stories of their consistent wins, as well as losses. It is important to know about the wins and losses so that all sports bettors understand that legal sports betting is a risk-reward system. Higher the risk, the higher the potential reward. These analytical prodigies of luck and perfect timing all encompass the real example of a professional gambler.
What Do All Famous Sports Bettors Have In Common?
Famous sports bettors come from all different walks of life but they do share commonalities that are not just in the realm of winning large sums of money on sporting events. Every single person that??™s made a name for themselves in the sports wagering community, each has experienced trial and error when making their way to the top. No one is just born with the right strategy that works for them. It takes plenty of knowledge to play this game and be a success at it which is what makes gambling on sports a continuous learning experience.
Knowing how to research as well as a familiarity of the games, the numerous factors that go into each sport and the match being wagered on, and being skilled in numbers for both money management and the understanding of odds and bets are all things each famous sports bettor has learned. Of course, they will master these skills further as they gamble more and more but sports betting is really a numbers game. It all comes down to numbers, be it the odds or the money at stake and all bettors need to know these things. They also learn early on or not so early on to gamble conservatively until they find that strategic sweet spot that each one of them stumbles on at one point or another during their careers.
Having the discipline and self-control to bet only on the wagers that make sense for a payout is key. Shopping lines for the best wagers is a common practice among this crowd as well. And knowing that even the best gamblers will lose helps to ease the blow when it happens because each of these famous sports bettors has lost about as many times as they??™ve won, they??™ve just managed their money well enough that they??™re in the green rather than the red and that??™s a place every gambler of the games wants to be.
Ben ???Parlay Patz??? Patz William T. ???Billy??? Walters Haralabos ???Bob??? Voulgaris Jimmy Snyder John Price Marco D??™Angelo Teddy ???Covers??? Servansky Steve Fezzik Zeljko Ranogajec Anthony Grant ???Tony??? ???The Lizard??? Bloom Floyd ???Money??? Mayweather Bill ???KrackMan??? Krackomberger James ???Jeopardy??? Holzhauer Michael Jordan Charles Barkley Pete Rose Ashton Kutcher Gadoon ???Spanky??? Kyrollos.
Rank Sportsbook Bonus Offer Play Now 1 50% Up To $250 Read Review Visit Bovada 2 50% New Member Bonus!Read Review Visit Betonline 3 50% Up To $1,000 Read Review Visit MyBookie 4 50% Up To $1,000 Read Review Visit Sportsbetting 5 100% Up To $300Read Review Visit XBet.
Ben ???Parlay Patz??? Patz.
Benjamin Tucker Patz was a rising star on the sports betting scene in 2019 at just the young age of 22. He was always interested in wagering on sporting events, becoming a member of an offshore sportsbook as soon as he was 18. Patz is a fan of mobile sports betting and he took his business out of New York and into New Jersey. Patz made his fame on a handful of parlay bets, which in less than two months??™ time, he managed to make almost $1M in payouts. Patz??™s strategy was to concoct massive 10, 12, even 20 leg parlays that hade huge payouts if hit. He was a phenom in the sports betting world and rose to stardom due to his success and money.
However, 2020 was not been the best of years for Parlay Patz. Ben was charged for threatening the lives of athletes and their family members after an FBI subpoena and warrant found that Patz had made over 300 death threats to professional and collegiate athletes. The transcripts were appalling, as Patz would message young college athletes on social media with death threats following a big loss that hurt Patz??™s bankroll. The investigation and trial are still early on; however, Patz did turn himself in, and has been released on bond awaiting trial. The young bettor known as Parlay Patz went from an amazing high to a great low but more on his story is expected through 2021.
Read how Parlay Patz became a household name, before finding himself behind bars.
William T. ???Billy??? Walters.
If you want to know about famous bettors, you??™ll want to know about Billy Walters. He holds the distinction of having ???bet more money more successfully than anyone in history,??? and he holds it closer to the vest than you might imagine. The glitz-and-glamor world of high stakes betting never seemed to attract Walters ??“ he often had employees, called ???runners,??? post his bets remotely. Yes, this was primarily driven by various real money sportsbooks in Vegas refusing to do business with the guy, but on some level, the isolation made his analysis and computer modeling even better. But nobody will ever know exactly how some alcoholic used car salesman from Kentucky ever broke his underdog mold to own the sports betting world; in the few interviews he??™s given over his 40-year professional life, he??™s never been particularly explicit about his methodologies. Walters is estimated to have earned roughly $300 million by taking on the stock market, real estate risks, and epic sportsbook gambles. Statistically speaking, there??™s no explanation for Walter??™s success. Everyone just assumes he broke science. And everyone knows he broke a heck of a lot better than even. Until recently, at least. Unfortunately, Walters??™ fortunes ran out ??“ at least temporarily ??“ in 2017, when he was convicted of insider trading on Dean Foods stock, fined $10 million, and sentenced to 5 years in the clink. Walters is scheduled for release on February 14, 2022, when he will be 75 years old.
Read Billy Walters??™ sports betting history here.
Haralabos ???Bob??? Voulgaris.
Bob Voulgaris is, by all modern accounts, the most prolific and successful NBA bettor on Earth. In the late 1990s at the age of just 25, Voulgaris was reportedly flipping a million dollars a day on basketball games. His most famous and profitable ???edge??? was in taking advantage of the unsophisticated way NBA bookmakers of the time predicted halftime scores. Since they rarely accounted for the aberrant burst of scoring in the fourth quarters of games, the industry standard was to take the presumed final score and merely cut it in half. That made it easy for Voulgaris to pounce on predictions that were far too high at the half, and it is thought that he made tens of millions of dollars during his peak. (Once the bookies wised up, the cash cow dried up, unfortunately.) Though he also relied on the broader statistical sciences of the times, he was also well-known for seeking out the ???tells??? and tendencies of head coaches Eddie Jordan, Jerry Sloan, and Byron Scott. Unsurprisingly, this style of play lends itself well to poker, where Voulgaris has accumulated almost $2 million in earnings to date.
Unlike the legendary Billy Walters above, Jon Price has a firm background in statistics and a mathematics degree from NYU. While he is noteworthy for a placing (and then winning ??“ we still can??™t believe they didn??™t hand Beast Mode the ball) a million bucks betting on Super Bowl XLIX and picking the Royals to win the World Series before the 2015 season started, Price operates more on the sports handicapping side of the business. He is also a frequent radio guest on sports betting shows throughout the entire country giving free picks and analysis on the week??™s games.

Famous Sports Bettors: Steve Fezzik Bio.
One of the most well-known sports bettors in the world is Steve Fezzik, as his ability to decipher statistical anomalies, especially on NFL wagers, has given him the title of ???The best NFL sports betting tournament player in the world.??? Fezzik was always tuned into sports betting from a young age. With the ability to solve mathematical equations quickly and the desire to know more about sports, he quickly found great success and the key to his gambling strategy.
A graduate of Northwestern University, Fezzik studied actuarial science and became a statistician in the insurance industry after college. Though he had much success in the insurance field, even making it to the level of Vice President of Transamerica Asset Management, Fezzik decided it would be best for him to focus on sports betting full time. He moved out to Las Vegas and immediately made his mark known, as getting banned for winning at a few casinos was just the start of his professional gambling career.
Fezzik Proves His Abilities To Vegas.
Even while employed in the insurance industry, Fezzik would take trips into Nevada to bet on the NFL. It is said that he was making more per hour as famous sports bettor, which was one of the main reasons he decided to leave his job behind. His plan was to just do well enough to get by but not enough that sportsbooks would take notice of him. At first, this plan worked, as he won close to a million dollars in the early 2000s through a variety of tournaments.
However, the ???bad luck??? of being known continued even further, as he won the Las Vegas Hilton SuperContest in 2008. Winning this tournament made Fezzik a face to remember in the gambling community but it wasn??™t long until everyone knew who he was when he repeated the next year, winning the contest again. Fezzik remains the only person to win the event twice and with the rapid expansion of this tournament in recent years, it is likely he will continue to hold this title.
The Use Of Math And Betting Strategy By Steve Fezzik.
Having the actuarial background and also being a high school state chess tournament runner up, the ability to be ahead the of the books has given Steve Fezzik the advantage. By using a variety of outlooks, he was able to confidently place wagers, especially when it came to advantage gambling. He has been on record stating that knowing about football isn??™t important to bet on but rather finding the discrepancies in the odds is crucial.
One of the favorite tactics he likes to use is waiting until right before a football game begins, taking note of the betting line at the opening and at the closing. If the line has moved remarkably in one direction, Fezzik likes to play the line on the opposite side, knowing that the books are only moving the lines to balance their books. Fezzik also claims that if you are engaging in live betting, you without a doubt need to watch the game in standard definition, as the HD feed is delayed anywhere from 5-7 seconds.
He also likes to look into the entirety of a betting line from the game score to the differences throughout each quarter and more. With each game, Fezzik has the ability to find the differences that make minor details stand out and is quick to exploit the ???errors??? by the oddsmakers. But above all, Fezzik states that looking at all 32 NFL teams is a mistake when attempting to wager. It is much better to lock down on 5 teams throughout the course of the season and learn every little detail about them each and every week.
Steve Fezzik??™s Pick Service.
Following Fezzik??™s Twitter account may allow you to have a bone thrown your way from time to time, but you are betting off signing up for his pick subscription services. After being featured in a variety of magazines and newspapers as well as participating in the movie ???Life On The Line???, future sports bettors are very excited to learn from one of the best.
Near the end of the 2000s and beginning of the 2010s, Fezzik sold picks but had a subpar record to his name, losing in three of the four NFL seasons. While still having a positive overall record, he wasn??™t quick to continue the title of best NFL bettors.
Fezzik Takes To The Podcast Realm.
With how things are going now, having a podcast seems to be the movement and Fezzik has followed the movement as well. This is where a lot of bettors would check out to get a lot of betting information on different matchups in all sports. The main thing that this does is help all players and the fact that Fezzick is trying to help others is huge. It is hard to find bettors who will help others be successful but Fezzik is one that doesn??™t mind going on his podcast helping others out to be as successful as he is.

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?»?Greenspun Media Group.
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Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
HOOPS EXPERTS ON FIRE!!
Experts on FIRE!
Check back later.
Pregame Packages WILL NOT Profit Long Term!
Hear it from RJ himself!
Pregame packages WILL NOT profit long term!
I advise my clients to FADE Pregame plays and to PLAY ON my Experts plays!
Free Plays!
About Steve.
Fezzik is famous for his success. Steve has always been a unique guy, an extroverted Math Geek. A Chess Candidate Master (and High School State 2nd place finisher), later a Fellow in the Society Of Actuaries, Steve was a Vice President for a Major Los Angeles Insurance Company 1995-2001.
However, his passion was always getting the edge over the Casinos. Throughout the 1990s Fezzik would travel almost every weekend in the Fall to bet football in Nevada. By the late 1990s he was making more per hour doing this than his regular job, and enjoying it much more.
In 2001, Fezzik moved to Las Vegas and stayed under the radar initially. However, his success in high end sports betting tournaments put an end to that. During the decade Fezzik won six major sports betting tournaments, winning close to a million dollars!
Steve has been featured in numerous Magazines and Newspapers, including an exclusive by the LA Times on him. In 2013 Fezzik appeared in a prominent role in the movie "Life On The Line" (in which he was called "the best bettor in the world").
While Fezzik's expertise is sports gambling, he is well versed in all aspects of Advantage Gambling, and his resume includes poker tournament wins and a 3rd place finish in The "Blackjack Ball" THE annual competition of the world's best blackjack players.
Steve is known as an "advantage player", which is a style of wagering that relies heavily upon the use of probability, statistics and other mathematical techniques to maximize the "expected value" of wagers.

Famous Sports Bettors ??“ The Best Minds In The Business.
In the legal sports betting field, there are many major figures who have managed to make a full career out of betting on sports. Many celebrities indulge in sports betting on major events like the Super Bowl or NBA Finals, and some sports bettors make so much money off of a career of betting on sports that they become celebrities in their own right. Sports betting is really a window of opportunity as there are examples of high roller players cashing in big. Major names in the sports betting world all have stories to tell about the good and bad that comes with a professional sports betting life.
Sports bettors like Doc Holliday for example are one of the biggest names in gambling and have become the fixture to the public as the dark side of a career gambler. The professional gambler has seen the best possible outcomes of betting, as well as the fallout that comes with a life of gambling. Holliday has gone through downward-spiraling, the degenerate persona that most aligned itself with the idea of professional gambling ??“ a seedy calling in shady places, the office a smoke-filled den of booze, drugs, and dirty double-dealings. With the life that he has lived, many in the public view sports betting in this dark, underground life.
Of course, that??™s the myth aspect, and it really is just a fun, not so pretty fairy tale. Betting on sports is mainly a passed time done by regular sports fans and professional bettors are, for the most part, doing ok. The most famous bettors ??“ the people who have set the standard in the modern public psyche ??“ are basically just giant math nerds. These guys study the stats, the analytics of every game, team, and player, in order to calculate a prediction that can lead to a major win. If these guys weren??™t betting, they??™d be crunching crazy numbers and running advanced models at some Wall Street firm or yammering endlessly about sabermetrics and comic books on ESPN. Sure, they??™ve got ice in their veins, but for the most part, they??™re just numbers-obsessed adrenaline junkies and sports fans chasing a thrill.
This page will introduce you to some of the biggest and most successful famous sports bettors out there. These bettors have many tips and tricks that could be useful to the everyday bettor and have stories of their consistent wins, as well as losses. It is important to know about the wins and losses so that all sports bettors understand that legal sports betting is a risk-reward system. Higher the risk, the higher the potential reward. These analytical prodigies of luck and perfect timing all encompass the real example of a professional gambler.
What Do All Famous Sports Bettors Have In Common?
Famous sports bettors come from all different walks of life but they do share commonalities that are not just in the realm of winning large sums of money on sporting events. Every single person that??™s made a name for themselves in the sports wagering community, each has experienced trial and error when making their way to the top. No one is just born with the right strategy that works for them. It takes plenty of knowledge to play this game and be a success at it which is what makes gambling on sports a continuous learning experience.
Knowing how to research as well as a familiarity of the games, the numerous factors that go into each sport and the match being wagered on, and being skilled in numbers for both money management and the understanding of odds and bets are all things each famous sports bettor has learned. Of course, they will master these skills further as they gamble more and more but sports betting is really a numbers game. It all comes down to numbers, be it the odds or the money at stake and all bettors need to know these things. They also learn early on or not so early on to gamble conservatively until they find that strategic sweet spot that each one of them stumbles on at one point or another during their careers.
Having the discipline and self-control to bet only on the wagers that make sense for a payout is key. Shopping lines for the best wagers is a common practice among this crowd as well. And knowing that even the best gamblers will lose helps to ease the blow when it happens because each of these famous sports bettors has lost about as many times as they??™ve won, they??™ve just managed their money well enough that they??™re in the green rather than the red and that??™s a place every gambler of the games wants to be.
Ben ???Parlay Patz??? Patz William T. ???Billy??? Walters Haralabos ???Bob??? Voulgaris Jimmy Snyder John Price Marco D??™Angelo Teddy ???Covers??? Servansky Steve Fezzik Zeljko Ranogajec Anthony Grant ???Tony??? ???The Lizard??? Bloom Floyd ???Money??? Mayweather Bill ???KrackMan??? Krackomberger James ???Jeopardy??? Holzhauer Michael Jordan Charles Barkley Pete Rose Ashton Kutcher Gadoon ???Spanky??? Kyrollos.
Rank Sportsbook Bonus Offer Play Now 1 50% Up To $250 Read Review Visit Bovada 2 50% New Member Bonus!Read Review Visit Betonline 3 50% Up To $1,000 Read Review Visit MyBookie 4 50% Up To $1,000 Read Review Visit Sportsbetting 5 100% Up To $300Read Review Visit XBet.
Ben ???Parlay Patz??? Patz.
Benjamin Tucker Patz was a rising star on the sports betting scene in 2019 at just the young age of 22. He was always interested in wagering on sporting events, becoming a member of an offshore sportsbook as soon as he was 18. Patz is a fan of mobile sports betting and he took his business out of New York and into New Jersey. Patz made his fame on a handful of parlay bets, which in less than two months??™ time, he managed to make almost $1M in payouts. Patz??™s strategy was to concoct massive 10, 12, even 20 leg parlays that hade huge payouts if hit. He was a phenom in the sports betting world and rose to stardom due to his success and money.
However, 2020 was not been the best of years for Parlay Patz. Ben was charged for threatening the lives of athletes and their family members after an FBI subpoena and warrant found that Patz had made over 300 death threats to professional and collegiate athletes. The transcripts were appalling, as Patz would message young college athletes on social media with death threats following a big loss that hurt Patz??™s bankroll. The investigation and trial are still early on; however, Patz did turn himself in, and has been released on bond awaiting trial. The young bettor known as Parlay Patz went from an amazing high to a great low but more on his story is expected through 2021.
Read how Parlay Patz became a household name, before finding himself behind bars.
William T. ???Billy??? Walters.
If you want to know about famous bettors, you??™ll want to know about Billy Walters. He holds the distinction of having ???bet more money more successfully than anyone in history,??? and he holds it closer to the vest than you might imagine. The glitz-and-glamor world of high stakes betting never seemed to attract Walters ??“ he often had employees, called ???runners,??? post his bets remotely. Yes, this was primarily driven by various real money sportsbooks in Vegas refusing to do business with the guy, but on some level, the isolation made his analysis and computer modeling even better. But nobody will ever know exactly how some alcoholic used car salesman from Kentucky ever broke his underdog mold to own the sports betting world; in the few interviews he??™s given over his 40-year professional life, he??™s never been particularly explicit about his methodologies. Walters is estimated to have earned roughly $300 million by taking on the stock market, real estate risks, and epic sportsbook gambles. Statistically speaking, there??™s no explanation for Walter??™s success. Everyone just assumes he broke science. And everyone knows he broke a heck of a lot better than even. Until recently, at least. Unfortunately, Walters??™ fortunes ran out ??“ at least temporarily ??“ in 2017, when he was convicted of insider trading on Dean Foods stock, fined $10 million, and sentenced to 5 years in the clink. Walters is scheduled for release on February 14, 2022, when he will be 75 years old.
Read Billy Walters??™ sports betting history here.
Haralabos ???Bob??? Voulgaris.
Bob Voulgaris is, by all modern accounts, the most prolific and successful NBA bettor on Earth. In the late 1990s at the age of just 25, Voulgaris was reportedly flipping a million dollars a day on basketball games. His most famous and profitable ???edge??? was in taking advantage of the unsophisticated way NBA bookmakers of the time predicted halftime scores. Since they rarely accounted for the aberrant burst of scoring in the fourth quarters of games, the industry standard was to take the presumed final score and merely cut it in half. That made it easy for Voulgaris to pounce on predictions that were far too high at the half, and it is thought that he made tens of millions of dollars during his peak. (Once the bookies wised up, the cash cow dried up, unfortunately.) Though he also relied on the broader statistical sciences of the times, he was also well-known for seeking out the ???tells??? and tendencies of head coaches Eddie Jordan, Jerry Sloan, and Byron Scott. Unsurprisingly, this style of play lends itself well to poker, where Voulgaris has accumulated almost $2 million in earnings to date.
Unlike the legendary Billy Walters above, Jon Price has a firm background in statistics and a mathematics degree from NYU. While he is noteworthy for a placing (and then winning ??“ we still can??™t believe they didn??™t hand Beast Mode the ball) a million bucks betting on Super Bowl XLIX and picking the Royals to win the World Series before the 2015 season started, Price operates more on the sports handicapping side of the business. He is also a frequent radio guest on sports betting shows throughout the entire country giving free picks and analysis on the week??™s games.

Famous Sports Bettors: Steve Fezzik Bio.
One of the most well-known sports bettors in the world is Steve Fezzik, as his ability to decipher statistical anomalies, especially on NFL wagers, has given him the title of ???The best NFL sports betting tournament player in the world.??? Fezzik was always tuned into sports betting from a young age. With the ability to solve mathematical equations quickly and the desire to know more about sports, he quickly found great success and the key to his gambling strategy.
A graduate of Northwestern University, Fezzik studied actuarial science and became a statistician in the insurance industry after college. Though he had much success in the insurance field, even making it to the level of Vice President of Transamerica Asset Management, Fezzik decided it would be best for him to focus on sports betting full time. He moved out to Las Vegas and immediately made his mark known, as getting banned for winning at a few casinos was just the start of his professional gambling career.
Fezzik Proves His Abilities To Vegas.
Even while employed in the insurance industry, Fezzik would take trips into Nevada to bet on the NFL. It is said that he was making more per hour as famous sports bettor, which was one of the main reasons he decided to leave his job behind. His plan was to just do well enough to get by but not enough that sportsbooks would take notice of him. At first, this plan worked, as he won close to a million dollars in the early 2000s through a variety of tournaments.
However, the ???bad luck??? of being known continued even further, as he won the Las Vegas Hilton SuperContest in 2008. Winning this tournament made Fezzik a face to remember in the gambling community but it wasn??™t long until everyone knew who he was when he repeated the next year, winning the contest again. Fezzik remains the only person to win the event twice and with the rapid expansion of this tournament in recent years, it is likely he will continue to hold this title.
The Use Of Math And Betting Strategy By Steve Fezzik.
Having the actuarial background and also being a high school state chess tournament runner up, the ability to be ahead the of the books has given Steve Fezzik the advantage. By using a variety of outlooks, he was able to confidently place wagers, especially when it came to advantage gambling. He has been on record stating that knowing about football isn??™t important to bet on but rather finding the discrepancies in the odds is crucial.
One of the favorite tactics he likes to use is waiting until right before a football game begins, taking note of the betting line at the opening and at the closing. If the line has moved remarkably in one direction, Fezzik likes to play the line on the opposite side, knowing that the books are only moving the lines to balance their books. Fezzik also claims that if you are engaging in live betting, you without a doubt need to watch the game in standard definition, as the HD feed is delayed anywhere from 5-7 seconds.
He also likes to look into the entirety of a betting line from the game score to the differences throughout each quarter and more. With each game, Fezzik has the ability to find the differences that make minor details stand out and is quick to exploit the ???errors??? by the oddsmakers. But above all, Fezzik states that looking at all 32 NFL teams is a mistake when attempting to wager. It is much better to lock down on 5 teams throughout the course of the season and learn every little detail about them each and every week.
Steve Fezzik??™s Pick Service.
Following Fezzik??™s Twitter account may allow you to have a bone thrown your way from time to time, but you are betting off signing up for his pick subscription services. After being featured in a variety of magazines and newspapers as well as participating in the movie ???Life On The Line???, future sports bettors are very excited to learn from one of the best.
Near the end of the 2000s and beginning of the 2010s, Fezzik sold picks but had a subpar record to his name, losing in three of the four NFL seasons. While still having a positive overall record, he wasn??™t quick to continue the title of best NFL bettors.
Fezzik Takes To The Podcast Realm.
With how things are going now, having a podcast seems to be the movement and Fezzik has followed the movement as well. This is where a lot of bettors would check out to get a lot of betting information on different matchups in all sports. The main thing that this does is help all players and the fact that Fezzick is trying to help others is huge. It is hard to find bettors who will help others be successful but Fezzik is one that doesn??™t mind going on his podcast helping others out to be as successful as he is.

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Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
HOOPS EXPERTS ON FIRE!!
Experts on FIRE!
Check back later.
Pregame Packages WILL NOT Profit Long Term!
Hear it from RJ himself!
Pregame packages WILL NOT profit long term!
I advise my clients to FADE Pregame plays and to PLAY ON my Experts plays!
Free Plays!
About Steve.
Fezzik is famous for his success. Steve has always been a unique guy, an extroverted Math Geek. A Chess Candidate Master (and High School State 2nd place finisher), later a Fellow in the Society Of Actuaries, Steve was a Vice President for a Major Los Angeles Insurance Company 1995-2001.
However, his passion was always getting the edge over the Casinos. Throughout the 1990s Fezzik would travel almost every weekend in the Fall to bet football in Nevada. By the late 1990s he was making more per hour doing this than his regular job, and enjoying it much more.
In 2001, Fezzik moved to Las Vegas and stayed under the radar initially. However, his success in high end sports betting tournaments put an end to that. During the decade Fezzik won six major sports betting tournaments, winning close to a million dollars!
Steve has been featured in numerous Magazines and Newspapers, including an exclusive by the LA Times on him. In 2013 Fezzik appeared in a prominent role in the movie "Life On The Line" (in which he was called "the best bettor in the world").
While Fezzik's expertise is sports gambling, he is well versed in all aspects of Advantage Gambling, and his resume includes poker tournament wins and a 3rd place finish in The "Blackjack Ball" THE annual competition of the world's best blackjack players.
Steve is known as an "advantage player", which is a style of wagering that relies heavily upon the use of probability, statistics and other mathematical techniques to maximize the "expected value" of wagers.

Famous Sports Bettors ??“ The Best Minds In The Business.
In the legal sports betting field, there are many major figures who have managed to make a full career out of betting on sports. Many celebrities indulge in sports betting on major events like the Super Bowl or NBA Finals, and some sports bettors make so much money off of a career of betting on sports that they become celebrities in their own right. Sports betting is really a window of opportunity as there are examples of high roller players cashing in big. Major names in the sports betting world all have stories to tell about the good and bad that comes with a professional sports betting life.
Sports bettors like Doc Holliday for example are one of the biggest names in gambling and have become the fixture to the public as the dark side of a career gambler. The professional gambler has seen the best possible outcomes of betting, as well as the fallout that comes with a life of gambling. Holliday has gone through downward-spiraling, the degenerate persona that most aligned itself with the idea of professional gambling ??“ a seedy calling in shady places, the office a smoke-filled den of booze, drugs, and dirty double-dealings. With the life that he has lived, many in the public view sports betting in this dark, underground life.
Of course, that??™s the myth aspect, and it really is just a fun, not so pretty fairy tale. Betting on sports is mainly a passed time done by regular sports fans and professional bettors are, for the most part, doing ok. The most famous bettors ??“ the people who have set the standard in the modern public psyche ??“ are basically just giant math nerds. These guys study the stats, the analytics of every game, team, and player, in order to calculate a prediction that can lead to a major win. If these guys weren??™t betting, they??™d be crunching crazy numbers and running advanced models at some Wall Street firm or yammering endlessly about sabermetrics and comic books on ESPN. Sure, they??™ve got ice in their veins, but for the most part, they??™re just numbers-obsessed adrenaline junkies and sports fans chasing a thrill.
This page will introduce you to some of the biggest and most successful famous sports bettors out there. These bettors have many tips and tricks that could be useful to the everyday bettor and have stories of their consistent wins, as well as losses. It is important to know about the wins and losses so that all sports bettors understand that legal sports betting is a risk-reward system. Higher the risk, the higher the potential reward. These analytical prodigies of luck and perfect timing all encompass the real example of a professional gambler.
What Do All Famous Sports Bettors Have In Common?
Famous sports bettors come from all different walks of life but they do share commonalities that are not just in the realm of winning large sums of money on sporting events. Every single person that??™s made a name for themselves in the sports wagering community, each has experienced trial and error when making their way to the top. No one is just born with the right strategy that works for them. It takes plenty of knowledge to play this game and be a success at it which is what makes gambling on sports a continuous learning experience.
Knowing how to research as well as a familiarity of the games, the numerous factors that go into each sport and the match being wagered on, and being skilled in numbers for both money management and the understanding of odds and bets are all things each famous sports bettor has learned. Of course, they will master these skills further as they gamble more and more but sports betting is really a numbers game. It all comes down to numbers, be it the odds or the money at stake and all bettors need to know these things. They also learn early on or not so early on to gamble conservatively until they find that strategic sweet spot that each one of them stumbles on at one point or another during their careers.
Having the discipline and self-control to bet only on the wagers that make sense for a payout is key. Shopping lines for the best wagers is a common practice among this crowd as well. And knowing that even the best gamblers will lose helps to ease the blow when it happens because each of these famous sports bettors has lost about as many times as they??™ve won, they??™ve just managed their money well enough that they??™re in the green rather than the red and that??™s a place every gambler of the games wants to be.
Ben ???Parlay Patz??? Patz William T. ???Billy??? Walters Haralabos ???Bob??? Voulgaris Jimmy Snyder John Price Marco D??™Angelo Teddy ???Covers??? Servansky Steve Fezzik Zeljko Ranogajec Anthony Grant ???Tony??? ???The Lizard??? Bloom Floyd ???Money??? Mayweather Bill ???KrackMan??? Krackomberger James ???Jeopardy??? Holzhauer Michael Jordan Charles Barkley Pete Rose Ashton Kutcher Gadoon ???Spanky??? Kyrollos.
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Ben ???Parlay Patz??? Patz.
Benjamin Tucker Patz was a rising star on the sports betting scene in 2019 at just the young age of 22. He was always interested in wagering on sporting events, becoming a member of an offshore sportsbook as soon as he was 18. Patz is a fan of mobile sports betting and he took his business out of New York and into New Jersey. Patz made his fame on a handful of parlay bets, which in less than two months??™ time, he managed to make almost $1M in payouts. Patz??™s strategy was to concoct massive 10, 12, even 20 leg parlays that hade huge payouts if hit. He was a phenom in the sports betting world and rose to stardom due to his success and money.
However, 2020 was not been the best of years for Parlay Patz. Ben was charged for threatening the lives of athletes and their family members after an FBI subpoena and warrant found that Patz had made over 300 death threats to professional and collegiate athletes. The transcripts were appalling, as Patz would message young college athletes on social media with death threats following a big loss that hurt Patz??™s bankroll. The investigation and trial are still early on; however, Patz did turn himself in, and has been released on bond awaiting trial. The young bettor known as Parlay Patz went from an amazing high to a great low but more on his story is expected through 2021.
Read how Parlay Patz became a household name, before finding himself behind bars.
William T. ???Billy??? Walters.
If you want to know about famous bettors, you??™ll want to know about Billy Walters. He holds the distinction of having ???bet more money more successfully than anyone in history,??? and he holds it closer to the vest than you might imagine. The glitz-and-glamor world of high stakes betting never seemed to attract Walters ??“ he often had employees, called ???runners,??? post his bets remotely. Yes, this was primarily driven by various real money sportsbooks in Vegas refusing to do business with the guy, but on some level, the isolation made his analysis and computer modeling even better. But nobody will ever know exactly how some alcoholic used car salesman from Kentucky ever broke his underdog mold to own the sports betting world; in the few interviews he??™s given over his 40-year professional life, he??™s never been particularly explicit about his methodologies. Walters is estimated to have earned roughly $300 million by taking on the stock market, real estate risks, and epic sportsbook gambles. Statistically speaking, there??™s no explanation for Walter??™s success. Everyone just assumes he broke science. And everyone knows he broke a heck of a lot better than even. Until recently, at least. Unfortunately, Walters??™ fortunes ran out ??“ at least temporarily ??“ in 2017, when he was convicted of insider trading on Dean Foods stock, fined $10 million, and sentenced to 5 years in the clink. Walters is scheduled for release on February 14, 2022, when he will be 75 years old.
Read Billy Walters??™ sports betting history here.
Haralabos ???Bob??? Voulgaris.
Bob Voulgaris is, by all modern accounts, the most prolific and successful NBA bettor on Earth. In the late 1990s at the age of just 25, Voulgaris was reportedly flipping a million dollars a day on basketball games. His most famous and profitable ???edge??? was in taking advantage of the unsophisticated way NBA bookmakers of the time predicted halftime scores. Since they rarely accounted for the aberrant burst of scoring in the fourth quarters of games, the industry standard was to take the presumed final score and merely cut it in half. That made it easy for Voulgaris to pounce on predictions that were far too high at the half, and it is thought that he made tens of millions of dollars during his peak. (Once the bookies wised up, the cash cow dried up, unfortunately.) Though he also relied on the broader statistical sciences of the times, he was also well-known for seeking out the ???tells??? and tendencies of head coaches Eddie Jordan, Jerry Sloan, and Byron Scott. Unsurprisingly, this style of play lends itself well to poker, where Voulgaris has accumulated almost $2 million in earnings to date.
Unlike the legendary Billy Walters above, Jon Price has a firm background in statistics and a mathematics degree from NYU. While he is noteworthy for a placing (and then winning ??“ we still can??™t believe they didn??™t hand Beast Mode the ball) a million bucks betting on Super Bowl XLIX and picking the Royals to win the World Series before the 2015 season started, Price operates more on the sports handicapping side of the business. He is also a frequent radio guest on sports betting shows throughout the entire country giving free picks and analysis on the week??™s games.

Famous Sports Bettors: Steve Fezzik Bio.
One of the most well-known sports bettors in the world is Steve Fezzik, as his ability to decipher statistical anomalies, especially on NFL wagers, has given him the title of ???The best NFL sports betting tournament player in the world.??? Fezzik was always tuned into sports betting from a young age. With the ability to solve mathematical equations quickly and the desire to know more about sports, he quickly found great success and the key to his gambling strategy.
A graduate of Northwestern University, Fezzik studied actuarial science and became a statistician in the insurance industry after college. Though he had much success in the insurance field, even making it to the level of Vice President of Transamerica Asset Management, Fezzik decided it would be best for him to focus on sports betting full time. He moved out to Las Vegas and immediately made his mark known, as getting banned for winning at a few casinos was just the start of his professional gambling career.
Fezzik Proves His Abilities To Vegas.
Even while employed in the insurance industry, Fezzik would take trips into Nevada to bet on the NFL. It is said that he was making more per hour as famous sports bettor, which was one of the main reasons he decided to leave his job behind. His plan was to just do well enough to get by but not enough that sportsbooks would take notice of him. At first, this plan worked, as he won close to a million dollars in the early 2000s through a variety of tournaments.
However, the ???bad luck??? of being known continued even further, as he won the Las Vegas Hilton SuperContest in 2008. Winning this tournament made Fezzik a face to remember in the gambling community but it wasn??™t long until everyone knew who he was when he repeated the next year, winning the contest again. Fezzik remains the only person to win the event twice and with the rapid expansion of this tournament in recent years, it is likely he will continue to hold this title.
The Use Of Math And Betting Strategy By Steve Fezzik.
Having the actuarial background and also being a high school state chess tournament runner up, the ability to be ahead the of the books has given Steve Fezzik the advantage. By using a variety of outlooks, he was able to confidently place wagers, especially when it came to advantage gambling. He has been on record stating that knowing about football isn??™t important to bet on but rather finding the discrepancies in the odds is crucial.
One of the favorite tactics he likes to use is waiting until right before a football game begins, taking note of the betting line at the opening and at the closing. If the line has moved remarkably in one direction, Fezzik likes to play the line on the opposite side, knowing that the books are only moving the lines to balance their books. Fezzik also claims that if you are engaging in live betting, you without a doubt need to watch the game in standard definition, as the HD feed is delayed anywhere from 5-7 seconds.
He also likes to look into the entirety of a betting line from the game score to the differences throughout each quarter and more. With each game, Fezzik has the ability to find the differences that make minor details stand out and is quick to exploit the ???errors??? by the oddsmakers. But above all, Fezzik states that looking at all 32 NFL teams is a mistake when attempting to wager. It is much better to lock down on 5 teams throughout the course of the season and learn every little detail about them each and every week.
Steve Fezzik??™s Pick Service.
Following Fezzik??™s Twitter account may allow you to have a bone thrown your way from time to time, but you are betting off signing up for his pick subscription services. After being featured in a variety of magazines and newspapers as well as participating in the movie ???Life On The Line???, future sports bettors are very excited to learn from one of the best.
Near the end of the 2000s and beginning of the 2010s, Fezzik sold picks but had a subpar record to his name, losing in three of the four NFL seasons. While still having a positive overall record, he wasn??™t quick to continue the title of best NFL bettors.
Fezzik Takes To The Podcast Realm.
With how things are going now, having a podcast seems to be the movement and Fezzik has followed the movement as well. This is where a lot of bettors would check out to get a lot of betting information on different matchups in all sports. The main thing that this does is help all players and the fact that Fezzick is trying to help others is huge. It is hard to find bettors who will help others be successful but Fezzik is one that doesn??™t mind going on his podcast helping others out to be as successful as he is.

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?»?Greenspun Media Group.
Whoops, sorry!
If you are seeing this message this web site is either under maintenance or internet caching needs to be refreshed. Please hold down your shift key and click on reload to force-refresh your browser cache.
If that does not work and you believe you have reached this in error you can try clearing your browser cache, restarting your PC, restarting your router, and/or restarting your ISP modem.
Access denied.
This website is using a security service to protect itself from online attacks.

Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
CBB Game of the Week.
Super Bowl package is UP!
HOOPS EXPERTS ON FIRE!!
Experts on FIRE!
Check back later.
Pregame Packages WILL NOT Profit Long Term!
Hear it from RJ himself!
Pregame packages WILL NOT profit long term!
I advise my clients to FADE Pregame plays and to PLAY ON my Experts plays!
Free Plays!
About Steve.
Fezzik is famous for his success. Steve has always been a unique guy, an extroverted Math Geek. A Chess Candidate Master (and High School State 2nd place finisher), later a Fellow in the Society Of Actuaries, Steve was a Vice President for a Major Los Angeles Insurance Company 1995-2001.
However, his passion was always getting the edge over the Casinos. Throughout the 1990s Fezzik would travel almost every weekend in the Fall to bet football in Nevada. By the late 1990s he was making more per hour doing this than his regular job, and enjoying it much more.
In 2001, Fezzik moved to Las Vegas and stayed under the radar initially. However, his success in high end sports betting tournaments put an end to that. During the decade Fezzik won six major sports betting tournaments, winning close to a million dollars!
Steve has been featured in numerous Magazines and Newspapers, including an exclusive by the LA Times on him. In 2013 Fezzik appeared in a prominent role in the movie "Life On The Line" (in which he was called "the best bettor in the world").
While Fezzik's expertise is sports gambling, he is well versed in all aspects of Advantage Gambling, and his resume includes poker tournament wins and a 3rd place finish in The "Blackjack Ball" THE annual competition of the world's best blackjack players.
Steve is known as an "advantage player", which is a style of wagering that relies heavily upon the use of probability, statistics and other mathematical techniques to maximize the "expected value" of wagers.

Famous Sports Bettors ??“ The Best Minds In The Business.
In the legal sports betting field, there are many major figures who have managed to make a full career out of betting on sports. Many celebrities indulge in sports betting on major events like the Super Bowl or NBA Finals, and some sports bettors make so much money off of a career of betting on sports that they become celebrities in their own right. Sports betting is really a window of opportunity as there are examples of high roller players cashing in big. Major names in the sports betting world all have stories to tell about the good and bad that comes with a professional sports betting life.
Sports bettors like Doc Holliday for example are one of the biggest names in gambling and have become the fixture to the public as the dark side of a career gambler. The professional gambler has seen the best possible outcomes of betting, as well as the fallout that comes with a life of gambling. Holliday has gone through downward-spiraling, the degenerate persona that most aligned itself with the idea of professional gambling ??“ a seedy calling in shady places, the office a smoke-filled den of booze, drugs, and dirty double-dealings. With the life that he has lived, many in the public view sports betting in this dark, underground life.
Of course, that??™s the myth aspect, and it really is just a fun, not so pretty fairy tale. Betting on sports is mainly a passed time done by regular sports fans and professional bettors are, for the most part, doing ok. The most famous bettors ??“ the people who have set the standard in the modern public psyche ??“ are basically just giant math nerds. These guys study the stats, the analytics of every game, team, and player, in order to calculate a prediction that can lead to a major win. If these guys weren??™t betting, they??™d be crunching crazy numbers and running advanced models at some Wall Street firm or yammering endlessly about sabermetrics and comic books on ESPN. Sure, they??™ve got ice in their veins, but for the most part, they??™re just numbers-obsessed adrenaline junkies and sports fans chasing a thrill.
This page will introduce you to some of the biggest and most successful famous sports bettors out there. These bettors have many tips and tricks that could be useful to the everyday bettor and have stories of their consistent wins, as well as losses. It is important to know about the wins and losses so that all sports bettors understand that legal sports betting is a risk-reward system. Higher the risk, the higher the potential reward. These analytical prodigies of luck and perfect timing all encompass the real example of a professional gambler.
What Do All Famous Sports Bettors Have In Common?
Famous sports bettors come from all different walks of life but they do share commonalities that are not just in the realm of winning large sums of money on sporting events. Every single person that??™s made a name for themselves in the sports wagering community, each has experienced trial and error when making their way to the top. No one is just born with the right strategy that works for them. It takes plenty of knowledge to play this game and be a success at it which is what makes gambling on sports a continuous learning experience.
Knowing how to research as well as a familiarity of the games, the numerous factors that go into each sport and the match being wagered on, and being skilled in numbers for both money management and the understanding of odds and bets are all things each famous sports bettor has learned. Of course, they will master these skills further as they gamble more and more but sports betting is really a numbers game. It all comes down to numbers, be it the odds or the money at stake and all bettors need to know these things. They also learn early on or not so early on to gamble conservatively until they find that strategic sweet spot that each one of them stumbles on at one point or another during their careers.
Having the discipline and self-control to bet only on the wagers that make sense for a payout is key. Shopping lines for the best wagers is a common practice among this crowd as well. And knowing that even the best gamblers will lose helps to ease the blow when it happens because each of these famous sports bettors has lost about as many times as they??™ve won, they??™ve just managed their money well enough that they??™re in the green rather than the red and that??™s a place every gambler of the games wants to be.
Ben ???Parlay Patz??? Patz William T. ???Billy??? Walters Haralabos ???Bob??? Voulgaris Jimmy Snyder John Price Marco D??™Angelo Teddy ???Covers??? Servansky Steve Fezzik Zeljko Ranogajec Anthony Grant ???Tony??? ???The Lizard??? Bloom Floyd ???Money??? Mayweather Bill ???KrackMan??? Krackomberger James ???Jeopardy??? Holzhauer Michael Jordan Charles Barkley Pete Rose Ashton Kutcher Gadoon ???Spanky??? Kyrollos.
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Ben ???Parlay Patz??? Patz.
Benjamin Tucker Patz was a rising star on the sports betting scene in 2019 at just the young age of 22. He was always interested in wagering on sporting events, becoming a member of an offshore sportsbook as soon as he was 18. Patz is a fan of mobile sports betting and he took his business out of New York and into New Jersey. Patz made his fame on a handful of parlay bets, which in less than two months??™ time, he managed to make almost $1M in payouts. Patz??™s strategy was to concoct massive 10, 12, even 20 leg parlays that hade huge payouts if hit. He was a phenom in the sports betting world and rose to stardom due to his success and money.
However, 2020 was not been the best of years for Parlay Patz. Ben was charged for threatening the lives of athletes and their family members after an FBI subpoena and warrant found that Patz had made over 300 death threats to professional and collegiate athletes. The transcripts were appalling, as Patz would message young college athletes on social media with death threats following a big loss that hurt Patz??™s bankroll. The investigation and trial are still early on; however, Patz did turn himself in, and has been released on bond awaiting trial. The young bettor known as Parlay Patz went from an amazing high to a great low but more on his story is expected through 2021.
Read how Parlay Patz became a household name, before finding himself behind bars.
William T. ???Billy??? Walters.
If you want to know about famous bettors, you??™ll want to know about Billy Walters. He holds the distinction of having ???bet more money more successfully than anyone in history,??? and he holds it closer to the vest than you might imagine. The glitz-and-glamor world of high stakes betting never seemed to attract Walters ??“ he often had employees, called ???runners,??? post his bets remotely. Yes, this was primarily driven by various real money sportsbooks in Vegas refusing to do business with the guy, but on some level, the isolation made his analysis and computer modeling even better. But nobody will ever know exactly how some alcoholic used car salesman from Kentucky ever broke his underdog mold to own the sports betting world; in the few interviews he??™s given over his 40-year professional life, he??™s never been particularly explicit about his methodologies. Walters is estimated to have earned roughly $300 million by taking on the stock market, real estate risks, and epic sportsbook gambles. Statistically speaking, there??™s no explanation for Walter??™s success. Everyone just assumes he broke science. And everyone knows he broke a heck of a lot better than even. Until recently, at least. Unfortunately, Walters??™ fortunes ran out ??“ at least temporarily ??“ in 2017, when he was convicted of insider trading on Dean Foods stock, fined $10 million, and sentenced to 5 years in the clink. Walters is scheduled for release on February 14, 2022, when he will be 75 years old.
Read Billy Walters??™ sports betting history here.
Haralabos ???Bob??? Voulgaris.
Bob Voulgaris is, by all modern accounts, the most prolific and successful NBA bettor on Earth. In the late 1990s at the age of just 25, Voulgaris was reportedly flipping a million dollars a day on basketball games. His most famous and profitable ???edge??? was in taking advantage of the unsophisticated way NBA bookmakers of the time predicted halftime scores. Since they rarely accounted for the aberrant burst of scoring in the fourth quarters of games, the industry standard was to take the presumed final score and merely cut it in half. That made it easy for Voulgaris to pounce on predictions that were far too high at the half, and it is thought that he made tens of millions of dollars during his peak. (Once the bookies wised up, the cash cow dried up, unfortunately.) Though he also relied on the broader statistical sciences of the times, he was also well-known for seeking out the ???tells??? and tendencies of head coaches Eddie Jordan, Jerry Sloan, and Byron Scott. Unsurprisingly, this style of play lends itself well to poker, where Voulgaris has accumulated almost $2 million in earnings to date.
Unlike the legendary Billy Walters above, Jon Price has a firm background in statistics and a mathematics degree from NYU. While he is noteworthy for a placing (and then winning ??“ we still can??™t believe they didn??™t hand Beast Mode the ball) a million bucks betting on Super Bowl XLIX and picking the Royals to win the World Series before the 2015 season started, Price operates more on the sports handicapping side of the business. He is also a frequent radio guest on sports betting shows throughout the entire country giving free picks and analysis on the week??™s games.

Famous Sports Bettors: Steve Fezzik Bio.
One of the most well-known sports bettors in the world is Steve Fezzik, as his ability to decipher statistical anomalies, especially on NFL wagers, has given him the title of ???The best NFL sports betting tournament player in the world.??? Fezzik was always tuned into sports betting from a young age. With the ability to solve mathematical equations quickly and the desire to know more about sports, he quickly found great success and the key to his gambling strategy.
A graduate of Northwestern University, Fezzik studied actuarial science and became a statistician in the insurance industry after college. Though he had much success in the insurance field, even making it to the level of Vice President of Transamerica Asset Management, Fezzik decided it would be best for him to focus on sports betting full time. He moved out to Las Vegas and immediately made his mark known, as getting banned for winning at a few casinos was just the start of his professional gambling career.
Fezzik Proves His Abilities To Vegas.
Even while employed in the insurance industry, Fezzik would take trips into Nevada to bet on the NFL. It is said that he was making more per hour as famous sports bettor, which was one of the main reasons he decided to leave his job behind. His plan was to just do well enough to get by but not enough that sportsbooks would take notice of him. At first, this plan worked, as he won close to a million dollars in the early 2000s through a variety of tournaments.
However, the ???bad luck??? of being known continued even further, as he won the Las Vegas Hilton SuperContest in 2008. Winning this tournament made Fezzik a face to remember in the gambling community but it wasn??™t long until everyone knew who he was when he repeated the next year, winning the contest again. Fezzik remains the only person to win the event twice and with the rapid expansion of this tournament in recent years, it is likely he will continue to hold this title.
The Use Of Math And Betting Strategy By Steve Fezzik.
Having the actuarial background and also being a high school state chess tournament runner up, the ability to be ahead the of the books has given Steve Fezzik the advantage. By using a variety of outlooks, he was able to confidently place wagers, especially when it came to advantage gambling. He has been on record stating that knowing about football isn??™t important to bet on but rather finding the discrepancies in the odds is crucial.
One of the favorite tactics he likes to use is waiting until right before a football game begins, taking note of the betting line at the opening and at the closing. If the line has moved remarkably in one direction, Fezzik likes to play the line on the opposite side, knowing that the books are only moving the lines to balance their books. Fezzik also claims that if you are engaging in live betting, you without a doubt need to watch the game in standard definition, as the HD feed is delayed anywhere from 5-7 seconds.
He also likes to look into the entirety of a betting line from the game score to the differences throughout each quarter and more. With each game, Fezzik has the ability to find the differences that make minor details stand out and is quick to exploit the ???errors??? by the oddsmakers. But above all, Fezzik states that looking at all 32 NFL teams is a mistake when attempting to wager. It is much better to lock down on 5 teams throughout the course of the season and learn every little detail about them each and every week.
Steve Fezzik??™s Pick Service.
Following Fezzik??™s Twitter account may allow you to have a bone thrown your way from time to time, but you are betting off signing up for his pick subscription services. After being featured in a variety of magazines and newspapers as well as participating in the movie ???Life On The Line???, future sports bettors are very excited to learn from one of the best.
Near the end of the 2000s and beginning of the 2010s, Fezzik sold picks but had a subpar record to his name, losing in three of the four NFL seasons. While still having a positive overall record, he wasn??™t quick to continue the title of best NFL bettors.
Fezzik Takes To The Podcast Realm.
With how things are going now, having a podcast seems to be the movement and Fezzik has followed the movement as well. This is where a lot of bettors would check out to get a lot of betting information on different matchups in all sports. The main thing that this does is help all players and the fact that Fezzick is trying to help others is huge. It is hard to find bettors who will help others be successful but Fezzik is one that doesn??™t mind going on his podcast helping others out to be as successful as he is.

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Official website of sports bettor Steve Fezzik!
Celebrating 10 years!
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About Steve.
Fezzik is famous for his success. Steve has always been a unique guy, an extroverted Math Geek. A Chess Candidate Master (and High School State 2nd place finisher), later a Fellow in the Society Of Actuaries, Steve was a Vice President for a Major Los Angeles Insurance Company 1995-2001.
However, his passion was always getting the edge over the Casinos. Throughout the 1990s Fezzik would travel almost every weekend in the Fall to bet football in Nevada. By the late 1990s he was making more per hour doing this than his regular job, and enjoying it much more.
In 2001, Fezzik moved to Las Vegas and stayed under the radar initially. However, his success in high end sports betting tournaments put an end to that. During the decade Fezzik won six major sports betting tournaments, winning close to a million dollars!
Steve has been featured in numerous Magazines and Newspapers, including an exclusive by the LA Times on him. In 2013 Fezzik appeared in a prominent role in the movie

?»?The Week In Sports Betting News: VA Sportsbooks Continue Piecemeal Rollout.
Happy Monday , everyone. There was plenty of interesting sports betting news last week despite GameStop and retail stock market investors dominating headlines.
The latest LSR Podcast discussed the two recent US sports betting launches in Michigan and Virginia . The team also discussed the recent trend of buying daily fantasy sports companies.
Make sure you??™re following @LSPReport on Twitter as well for breaking news updates.
Top sports betting story: Virginia sports betting continues slow rollout.
Sports betting in Virginia launched Jan. 21, but there still are just four operators live.
BetMGM and BetRivers joined FanDuel Sportsbook and DraftKings Sportsbook in the market last week. BetMGM received an untethered mobile license while BetRivers launched under Rush Street ??™s eventual casino license.
It would appear William Hill is next in line, with Caesars Virginia receiving its permit Wednesday. After that, who knows when we??™ll get the next bit of sports betting news from the state: The Virginia Lottery is keeping the process very secretive with licensee information only available as its website updates.
Tennessee gets two more sportsbooks as well.
It??™s go time for William Hill and WynnBET in the hot Tennessee sports betting market ??“ but not until after the Super Bowl .
Both operators received approval at Friday??™s Tennessee Education Lottery special meeting but have more to do before they can launch. Tennessee is also still waiting for Churchill Downs ??? TwinSpire to join the market.
The four launched sportsbooks ??“ Action 24/7 , BetMGM, DraftKings and FanDuel ??“ are likely thrilled to be the only operators so far. Tennessee??™s online-only market set a launch record with $131.4 million in handle in November followed by $180.9 million in December .
Those two months combined for $27.1 million in operator revenue.
Northeast states staying busy on sports betting.
Maybe there??™s something more to the water in the Northeast than just making perfect bagels and rolls.
Connecticut and Massachusetts are both trying to legalize sports betting while New York is taking a step forward and back simultaneously.
Sports betting in Connecticut is a bit tricky because of the gaming exclusivity granted long ago to the Mashantucket Pequot and Mohegan tribes. All sides called for compromise at a hearing last Tuesday, but no one seems ready to make a sacrifice first.
Massachusetts sports betting is again supported by Sen. Brendan Crighton , who reconfigured his 2020 bill with higher upfront fees that would generate tens of millions for the state.
And then there??™s New York. Sports betting in New York is already legal, but only through retail casinos. For questionable reasons, Gov. Andrew Cuomo and his team think the best option is to limit the market to potentially just one mobile operator.
Nevada sports betting handle falls in 2020.
Fewer people traveling and an upended sports calendar because of the coronavirus handed Nevada ???s sportsbooks a 20% dip in annual revenue and 19% decrease for handle.
Revenue for the full year was $262.8 million , about $7 million behind the leader, Pennsylvania . Handle was $4.3 billion.
Part of the decline can be blamed on Nevada??™s market since it requires in-person registration for mobile wagering accounts.
Investor Ader talks gaming SPACS.
Jason Ader called FanDuel and PokerStars parent company Flutter the potential Tesla of the gaming industry, and detailed some of his potential SPAC targets in an LSR Q+A .
Ader, who had two SPACs more than a decade ago and recently raised $275 million through Capital 26 , is currently considering four targets.
Ader also touched on why he thinks MGM Resorts will eventually buy its BetMGM partner, Entain , and likened some current SPAC management teams to old Fords instead of Ferraris or Rolls Royces .
Elsewhere, LSR??™s Brad Allen also dove into how mergers and acquisitions could change the shape of US sports betting this year.

Latest Betting News.
We provide daily sports betting news for the United States market. We cover the news relevant to the legality of betting in the United States. We focus on online sports betting , but also cover daily fantasy sports, online casino, online poker, online lottery and horse racing. We provide progress updates on legislation in each state, industry partnership, interviews and more.
We provide opinion pieces and editorial articles on the industry. We cover odds and analysis for the NFL, NBA, MLB, NHL, PGA and a number of other sports. Our latest addition is an eSports news category.

Big game, big worries? Gambling addiction grows with Illinois??™ booming sports betting industry ??” ???It??™s in your face all the time??™
The number of Illinoisans seeking help for problem gambling has almost doubled since legislators approved a massive gambling expansion in 2019. Experts expect that number to keep growing.
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A man who requested that he only be identified as Anthony stands by a window in a high-rise condo near Soldier Field on Friday. The Tinley Park man is a recovering sports gambling addict. Tyler LaRiviere/Sun-Times.
Thousands of football fans will be placing their first legal Super Bowl bets in Illinois this weekend, and for most, a little action will make the big game just a bit more entertaining.
But, for some, it might open the door to regular betting, adding a quick dopamine hit to the regular season viewing experience. Maybe they??™ll have to start budgeting for a new habit. Maybe they??™ll have to start borrowing for it.
And, for a select few, it will get worse.
It??™s already gotten worse for hundreds of people statewide since Illinois legislators approved a massive gaming expansion a year and a half ago, introducing legal sports wagering to a state that??™s already packed with more places to gamble than Las Vegas.
The COVID-19 pandemic has made matters even worse, according to Luke, a Chicago-area problem gambler who was able to get out of the game nine years ago. Economic uncertainty and the general malaise of the quarantine lifestyle make gambling all the more enticing.
???It used to be that there was a stigma, and gambling was taboo. It was seedy,??? said Luke, who asked that his full name not be used. ???Now, you can do it on your phone. The companies that are doing it are publicly traded Fortune 500 companies.???
A man who asked that he only be identified as Anthony reads news about the Super Bowl on his phone Friday. Tyler LaRiviere/Sun-Times.
Calls to the state??™s gambling disorder hotline more than doubled from 2019 to 2020, when 13,258 people reached out either there or online for information on a problem that experts say is out of sight but front of mind for a growing number of bettors and their families. The Illinois Department of Human Services, which aims to connect problem gamblers with counseling resources, calls that a ???dramatic increase.???
In 2019, about 580 people received treatment for gambling disorders through state-sponsored programs across Illinois. That figure jumped past 1,000 in 2020, and experts say it doesn??™t even cut the deck as only an estimated 3% of problem gamblers acknowledge they have a problem, and even fewer seek treatment.
Counseling gets boost with Illinois gambling expansion ??” but more addiction is sure to follow.
State??™s all-in gambling expansion offers new temptation for those struggling to stay out.
Hundreds more took the more drastic step of banning themselves from casinos and the smartphone betting apps that have them hooked. About 13,500 people were enrolled in the self-exclusion program maintained by regulators at the Illinois Gaming Board in mid-2019, but that number has since shot past 14,000.
Many of those gamblers cite their temptations as coming from the state??™s 10 casinos, three horse racing tracks and 7,233 bars, restaurants, gas stations and VFW halls that also house slot machines.
But since mobile sports betting launched last summer, Illinoisans can now gamble 24/7 from the comfort of home ??” and they??™ve already lost more than $101 million doing so, according to Gaming Board revenue figures.
Blackhawks analyst Eddie Olczyk placed Illinois first legal sports bet in March 2019. Gamblers across the state have wagered more than $1.4 billion since then ??” and lost $101 million. Ashlee Rezin Garcia/Sun-Times.
As the billion-dollar industry keeps growing, addiction counselors say they??™re hearing more and more from young people glued to the sports betting apps whose ads saturate Illinois airwaves and billboards.
???It??™s in your face all the time,??? said Dr. Teresa Garate of the Gateway Foundation, a network of 16 addiction treatment centers statewide. ???It??™s becoming a part of everyday life. Everyone accepts it, but it??™s a serious trigger for some.???
That??™s the case for Anthony, a 36-year-old recovering problem gambler from southwest suburban Tinley Park, who said he often finds himself changing the station as sports talk radio hosts dissect the latest betting lines.
???It??™ll just be too much, it??™s too close,??? Anthony said. ???Even though I don??™t think it??™ll lead me down there, I know better than to let my mind start thinking like that.???
Anthony reads his favorite passages from ???A Day at a Time??™ a book by Gamblers Anonymous. Tyler LaRiviere/Sun-Times.
Elizabeth Thielen, a senior director at Nicasa Behavioral Health Services, said she??™s seen yearly increases of people seeking help for gambling disorders across Chicago??™s north suburbs, but a ???real burst??? of clients has sought them out in the past nine months.
???The ages we??™re seeing are trending younger, and I think that??™s directly related to sports betting,??? Thielen said. ???At the same time, I feel hopeful because you have young people showing a surprising level of insight to find help.???
Way Back Inn executive director Anita Pindiur is pictured outside the Maywood facility in 2019. Sun-Times file.
While there??™s been an influx of new problem gamblers, the potential for relapse is an equal concern for Dr. Anita Pindiur, executive director of the Way Back Inn, a Maywood treatment center. About 10 former patients have already returned to the Way Back Inn for counseling this football season alone.
???Sometimes, we forget how quickly it can happen,??? Pindiur said. ???These things are advertised in a way that they??™re fun and entertaining, and they should be. But often there is no set of limits or recognition of the limits until we get our credit-card bill, or somebody points it out.???
Illinois sports betting market could rival Nevada??™s, analysts say.
Sports bettors have already wagered $1.4 billion since legal industry launched in Illinois.
COVID-19 puts new Illinois casino licenses on hold.
Besides financial ruin, experts say people who suffer from gambling addiction are more likely to suffer from substance abuse issues, turn to crime or even attempt suicide.
???I was losing everything,??? said Patrick, a 35-year-old Niles man who??™s 13 months removed from his last bet. ???I??™d have a paycheck on a Friday afternoon and it would be gone by Friday night. My relationships with my family and whoever I was dating, it just got out of control. I was lying, I was stealing, I was doing all these crazy things.???
As sports betting has been brought out of the shadows into everyday life, counselors say their challenge now is removing the stigma around seeking treatment for addiction ??” and they say they??™re making progress through increased awareness. That??™s been boosted with the help of $7 million set aside in the state??™s gambling expansion law in grants for treatment centers, which have used a lot of that money to bolster advertising.
The Way Back Inn is one of only a handful of addiction treatment centers in Illinois that provide a gambling-specific program. Sun-Times file.
???One of the biggest barriers to treatment is stigma, especially for gambling,??? said Garate, from the Gateway Foundation. ???People don??™t see it as a real addiction. It is, and help is out there.???
Just how many people need help is unclear. Experts generally estimate that between 2% and 5% of the population deal with gambling disorder, which would project to about 635,000 people across Illinois, including about 136,000 in Chicago.
TO GET HELP.
For more information on problem gambling support, call 1-800-GAMBLER or text ???ILGAMB??? to 53342.
But there??™s been no comprehensive study of the problem in Illinois since 1999, well before video slots dotted the walls at thousands of establishments across the state and sportsbooks were accessible anywhere that had a cellphone signal.
???You have to believe those numbers are different now,??? Thielen said.
The state Department of Human Services is out to find out just how much they??™ve shifted with the onslaught of gambling options. The agency launched a $500,000 study last fall surveying treatment providers, problem gamblers and others to gauge the prevalence of addiction, especially among populations considered vulnerable or marginalized due to race, culture, economic or social disparity.
???We want to know what??™s the challenge, and what should we look for,??? said David Jones, who directs the department??™s Substance Use Prevention and Recovery Division. ???Then, you can start to bring more evidence-based solutions on a size consistent with the scale of the challenge.???

Online sports betting to launch in Michigan this month.
LANSING, Mich. ??” Online sports betting is set to launch throughout Michigan in mid-January.
So far, fifteen sportsbooks have been approved for launch. Two, Fanduel and DraftKings, are already offering pre-registration deals for Michiganders who sign up before actual betting can begin.
As he tells Fox 47, the launch of legal sports gambling means more opportunities to wager.
???For a Michigander that probably means you are going to have more access to legal sports betting with the launch of mobile sports betting,??? said John Holden, an assistant professor of business at Oklahoma State University who studies federal and state regulation of sports gambling.
Mobile sports gambling can be done right from a bettor??™s phone through sportsbook applications that follow location and age verification protocol as defined by the state??™s Gaming and Control Board.
Holden says casinos that introduce their own sportsbooks to the digital landscape could see more engagement as programs begin to launch.
???For the past few months, sports betting has been available in some casinos though, of course, access to those casinos has been limited over the past few months due to the COVID-19 pandemic,??? Holden explained.
State-governed casinos are being hit hard by COVID-19 closures and reduced capacity measures. Table game and slots revenue dropped by over sixty-one percent compared to November 2019.
???I think there??™s some pent-up demand," said Richard Kalm, executive director of the Michigan Gaming and Control Board. "The casinos were only open at fifteen percent capacity in October, and November was only half a month because, remember, we had to close because of COVID."
Michigan is the twentieth state to legalize online sports betting. Other states have seen online sports take over the gambling scene in 2020.
???What we have seen is that states that have both brick and mortar sports betting and mobile betting are seeing upwards of 80 percent, 85 percent, New Jersey at one point was at 93 percent of the revenue was coming from mobile betting,??? Holden said.
According to Kalm, the process is now in the hands of casinos and sportsbook applications to make sure they??™re able to launch. To be cleared, these entities must be compliant with safe gambling guidelines laid out by the state.
???At this point, we??™re waiting for the independent test labs that test the software and the types of games and also the geolocation to make sure that they have geolocation properly in place, their internal controls, and their age verification in place,??? Kalm said.
Kalm said he and the control board are keeping safe betting in mind throughout this process. But, as Holden warns, the risk may not be preventable.
???There??™s always risk associated with gambling. However, in a regulated environment like what??™s launching in Michigan soon, those risks can be controlled to some degree.???
FireKeepers Casino in Battle Creek was the first tribal casino in Michigan to implement sports betting back in June. They are expected to embrace digital sports gambling but haven??™t released a launch timeline.
Soaring Eagle Casino near Mount Pleasant announced in November that they would be adding in-person sports betting, but have yet to comment on the possibility of going digital.
Online poker, slots and more casino classics also on their way to Michigan, Kalm said, possibly as soon as February.
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?»?The Week In Sports Betting News: VA Sportsbooks Continue Piecemeal Rollout.
Happy Monday , everyone. There was plenty of interesting sports betting news last week despite GameStop and retail stock market investors dominating headlines.
The latest LSR Podcast discussed the two recent US sports betting launches in Michigan and Virginia . The team also discussed the recent trend of buying daily fantasy sports companies.
Make sure you??™re following @LSPReport on Twitter as well for breaking news updates.
Top sports betting story: Virginia sports betting continues slow rollout.
Sports betting in Virginia launched Jan. 21, but there still are just four operators live.
BetMGM and BetRivers joined FanDuel Sportsbook and DraftKings Sportsbook in the market last week. BetMGM received an untethered mobile license while BetRivers launched under Rush Street ??™s eventual casino license.
It would appear William Hill is next in line, with Caesars Virginia receiving its permit Wednesday. After that, who knows when we??™ll get the next bit of sports betting news from the state: The Virginia Lottery is keeping the process very secretive with licensee information only available as its website updates.
Tennessee gets two more sportsbooks as well.
It??™s go time for William Hill and WynnBET in the hot Tennessee sports betting market ??“ but not until after the Super Bowl .
Both operators received approval at Friday??™s Tennessee Education Lottery special meeting but have more to do before they can launch. Tennessee is also still waiting for Churchill Downs ??? TwinSpire to join the market.
The four launched sportsbooks ??“ Action 24/7 , BetMGM, DraftKings and FanDuel ??“ are likely thrilled to be the only operators so far. Tennessee??™s online-only market set a launch record with $131.4 million in handle in November followed by $180.9 million in December .
Those two months combined for $27.1 million in operator revenue.
Northeast states staying busy on sports betting.
Maybe there??™s something more to the water in the Northeast than just making perfect bagels and rolls.
Connecticut and Massachusetts are both trying to legalize sports betting while New York is taking a step forward and back simultaneously.
Sports betting in Connecticut is a bit tricky because of the gaming exclusivity granted long ago to the Mashantucket Pequot and Mohegan tribes. All sides called for compromise at a hearing last Tuesday, but no one seems ready to make a sacrifice first.
Massachusetts sports betting is again supported by Sen. Brendan Crighton , who reconfigured his 2020 bill with higher upfront fees that would generate tens of millions for the state.
And then there??™s New York. Sports betting in New York is already legal, but only through retail casinos. For questionable reasons, Gov. Andrew Cuomo and his team think the best option is to limit the market to potentially just one mobile operator.
Nevada sports betting handle falls in 2020.
Fewer people traveling and an upended sports calendar because of the coronavirus handed Nevada ???s sportsbooks a 20% dip in annual revenue and 19% decrease for handle.
Revenue for the full year was $262.8 million , about $7 million behind the leader, Pennsylvania . Handle was $4.3 billion.
Part of the decline can be blamed on Nevada??™s market since it requires in-person registration for mobile wagering accounts.
Investor Ader talks gaming SPACS.
Jason Ader called FanDuel and PokerStars parent company Flutter the potential Tesla of the gaming industry, and detailed some of his potential SPAC targets in an LSR Q+A .
Ader, who had two SPACs more than a decade ago and recently raised $275 million through Capital 26 , is currently considering four targets.
Ader also touched on why he thinks MGM Resorts will eventually buy its BetMGM partner, Entain , and likened some current SPAC management teams to old Fords instead of Ferraris or Rolls Royces .
Elsewhere, LSR??™s Brad Allen also dove into how mergers and acquisitions could change the shape of US sports betting this year.

Latest Betting News.
We provide daily sports betting news for the United States market. We cover the news relevant to the legality of betting in the United States. We focus on online sports betting , but also cover daily fantasy sports, online casino, online poker, online lottery and horse racing. We provide progress updates on legislation in each state, industry partnership, interviews and more.
We provide opinion pieces and editorial articles on the industry. We cover odds and analysis for the NFL, NBA, MLB, NHL, PGA and a number of other sports. Our latest addition is an eSports news category.

Big game, big worries? Gambling addiction grows with Illinois??™ booming sports betting industry ??” ???It??™s in your face all the time??™
The number of Illinoisans seeking help for problem gambling has almost doubled since legislators approved a massive gambling expansion in 2019. Experts expect that number to keep growing.
Share this story.
Share this on Facebook Share this on Twitter.
Share All sharing options for: Big game, big worries? Gambling addiction grows with Illinois??™ booming sports betting industry ??” ???It??™s in your face all the time??™
A man who requested that he only be identified as Anthony stands by a window in a high-rise condo near Soldier Field on Friday. The Tinley Park man is a recovering sports gambling addict. Tyler LaRiviere/Sun-Times.
Thousands of football fans will be placing their first legal Super Bowl bets in Illinois this weekend, and for most, a little action will make the big game just a bit more entertaining.
But, for some, it might open the door to regular betting, adding a quick dopamine hit to the regular season viewing experience. Maybe they??™ll have to start budgeting for a new habit. Maybe they??™ll have to start borrowing for it.
And, for a select few, it will get worse.
It??™s already gotten worse for hundreds of people statewide since Illinois legislators approved a massive gaming expansion a year and a half ago, introducing legal sports wagering to a state that??™s already packed with more places to gamble than Las Vegas.
The COVID-19 pandemic has made matters even worse, according to Luke, a Chicago-area problem gambler who was able to get out of the game nine years ago. Economic uncertainty and the general malaise of the quarantine lifestyle make gambling all the more enticing.
???It used to be that there was a stigma, and gambling was taboo. It was seedy,??? said Luke, who asked that his full name not be used. ???Now, you can do it on your phone. The companies that are doing it are publicly traded Fortune 500 companies.???
A man who asked that he only be identified as Anthony reads news about the Super Bowl on his phone Friday. Tyler LaRiviere/Sun-Times.
Calls to the state??™s gambling disorder hotline more than doubled from 2019 to 2020, when 13,258 people reached out either there or online for information on a problem that experts say is out of sight but front of mind for a growing number of bettors and their families. The Illinois Department of Human Services, which aims to connect problem gamblers with counseling resources, calls that a ???dramatic increase.???
In 2019, about 580 people received treatment for gambling disorders through state-sponsored programs across Illinois. That figure jumped past 1,000 in 2020, and experts say it doesn??™t even cut the deck as only an estimated 3% of problem gamblers acknowledge they have a problem, and even fewer seek treatment.
Counseling gets boost with Illinois gambling expansion ??” but more addiction is sure to follow.
State??™s all-in gambling expansion offers new temptation for those struggling to stay out.
Hundreds more took the more drastic step of banning themselves from casinos and the smartphone betting apps that have them hooked. About 13,500 people were enrolled in the self-exclusion program maintained by regulators at the Illinois Gaming Board in mid-2019, but that number has since shot past 14,000.
Many of those gamblers cite their temptations as coming from the state??™s 10 casinos, three horse racing tracks and 7,233 bars, restaurants, gas stations and VFW halls that also house slot machines.
But since mobile sports betting launched last summer, Illinoisans can now gamble 24/7 from the comfort of home ??” and they??™ve already lost more than $101 million doing so, according to Gaming Board revenue figures.
Blackhawks analyst Eddie Olczyk placed Illinois first legal sports bet in March 2019. Gamblers across the state have wagered more than $1.4 billion since then ??” and lost $101 million. Ashlee Rezin Garcia/Sun-Times.
As the billion-dollar industry keeps growing, addiction counselors say they??™re hearing more and more from young people glued to the sports betting apps whose ads saturate Illinois airwaves and billboards.
???It??™s in your face all the time,??? said Dr. Teresa Garate of the Gateway Foundation, a network of 16 addiction treatment centers statewide. ???It??™s becoming a part of everyday life. Everyone accepts it, but it??™s a serious trigger for some.???
That??™s the case for Anthony, a 36-year-old recovering problem gambler from southwest suburban Tinley Park, who said he often finds himself changing the station as sports talk radio hosts dissect the latest betting lines.
???It??™ll just be too much, it??™s too close,??? Anthony said. ???Even though I don??™t think it??™ll lead me down there, I know better than to let my mind start thinking like that.???
Anthony reads his favorite passages from ???A Day at a Time??™ a book by Gamblers Anonymous. Tyler LaRiviere/Sun-Times.
Elizabeth Thielen, a senior director at Nicasa Behavioral Health Services, said she??™s seen yearly increases of people seeking help for gambling disorders across Chicago??™s north suburbs, but a ???real burst??? of clients has sought them out in the past nine months.
???The ages we??™re seeing are trending younger, and I think that??™s directly related to sports betting,??? Thielen said. ???At the same time, I feel hopeful because you have young people showing a surprising level of insight to find help.???
Way Back Inn executive director Anita Pindiur is pictured outside the Maywood facility in 2019. Sun-Times file.
While there??™s been an influx of new problem gamblers, the potential for relapse is an equal concern for Dr. Anita Pindiur, executive director of the Way Back Inn, a Maywood treatment center. About 10 former patients have already returned to the Way Back Inn for counseling this football season alone.
???Sometimes, we forget how quickly it can happen,??? Pindiur said. ???These things are advertised in a way that they??™re fun and entertaining, and they should be. But often there is no set of limits or recognition of the limits until we get our credit-card bill, or somebody points it out.???
Illinois sports betting market could rival Nevada??™s, analysts say.
Sports bettors have already wagered $1.4 billion since legal industry launched in Illinois.
COVID-19 puts new Illinois casino licenses on hold.
Besides financial ruin, experts say people who suffer from gambling addiction are more likely to suffer from substance abuse issues, turn to crime or even attempt suicide.
???I was losing everything,??? said Patrick, a 35-year-old Niles man who??™s 13 months removed from his last bet. ???I??™d have a paycheck on a Friday afternoon and it would be gone by Friday night. My relationships with my family and whoever I was dating, it just got out of control. I was lying, I was stealing, I was doing all these crazy things.???
As sports betting has been brought out of the shadows into everyday life, counselors say their challenge now is removing the stigma around seeking treatment for addiction ??” and they say they??™re making progress through increased awareness. That??™s been boosted with the help of $7 million set aside in the state??™s gambling expansion law in grants for treatment centers, which have used a lot of that money to bolster advertising.
The Way Back Inn is one of only a handful of addiction treatment centers in Illinois that provide a gambling-specific program. Sun-Times file.
???One of the biggest barriers to treatment is stigma, especially for gambling,??? said Garate, from the Gateway Foundation. ???People don??™t see it as a real addiction. It is, and help is out there.???
Just how many people need help is unclear. Experts generally estimate that between 2% and 5% of the population deal with gambling disorder, which would project to about 635,000 people across Illinois, including about 136,000 in Chicago.
TO GET HELP.
For more information on problem gambling support, call 1-800-GAMBLER or text ???ILGAMB??? to 53342.
But there??™s been no comprehensive study of the problem in Illinois since 1999, well before video slots dotted the walls at thousands of establishments across the state and sportsbooks were accessible anywhere that had a cellphone signal.
???You have to believe those numbers are different now,??? Thielen said.
The state Department of Human Services is out to find out just how much they??™ve shifted with the onslaught of gambling options. The agency launched a $500,000 study last fall surveying treatment providers, problem gamblers and others to gauge the prevalence of addiction, especially among populations considered vulnerable or marginalized due to race, culture, economic or social disparity.
???We want to know what??™s the challenge, and what should we look for,??? said David Jones, who directs the department??™s Substance Use Prevention and Recovery Division. ???Then, you can start to bring more evidence-based solutions on a size consistent with the scale of the challenge.???

Online sports betting to launch in Michigan this month.
LANSING, Mich. ??” Online sports betting is set to launch throughout Michigan in mid-January.
So far, fifteen sportsbooks have been approved for launch. Two, Fanduel and DraftKings, are already offering pre-registration deals for Michiganders who sign up before actual betting can begin.
As he tells Fox 47, the launch of legal sports gambling means more opportunities to wager.
???For a Michigander that probably means you are going to have more access to legal sports betting with the launch of mobile sports betting,??? said John Holden, an assistant professor of business at Oklahoma State University who studies federal and state regulation of sports gambling.
Mobile sports gambling can be done right from a bettor??™s phone through sportsbook applications that follow location and age verification protocol as defined by the state??™s Gaming and Control Board.
Holden says casinos that introduce their own sportsbooks to the digital landscape could see more engagement as programs begin to launch.
???For the past few months, sports betting has been available in some casinos though, of course, access to those casinos has been limited over the past few months due to the COVID-19 pandemic,??? Holden explained.
State-governed casinos are being hit hard by COVID-19 closures and reduced capacity measures. Table game and slots revenue dropped by over sixty-one percent compared to November 2019.
???I think there??™s some pent-up demand," said Richard Kalm, executive director of the Michigan Gaming and Control Board. "The casinos were only open at fifteen percent capacity in October, and November was only half a month because, remember, we had to close because of COVID."
Michigan is the twentieth state to legalize online sports betting. Other states have seen online sports take over the gambling scene in 2020.
???What we have seen is that states that have both brick and mortar sports betting and mobile betting are seeing upwards of 80 percent, 85 percent, New Jersey at one point was at 93 percent of the revenue was coming from mobile betting,??? Holden said.
According to Kalm, the process is now in the hands of casinos and sportsbook applications to make sure they??™re able to launch. To be cleared, these entities must be compliant with safe gambling guidelines laid out by the state.
???At this point, we??™re waiting for the independent test labs that test the software and the types of games and also the geolocation to make sure that they have geolocation properly in place, their internal controls, and their age verification in place,??? Kalm said.
Kalm said he and the control board are keeping safe betting in mind throughout this process. But, as Holden warns, the risk may not be preventable.
???There??™s always risk associated with gambling. However, in a regulated environment like what??™s launching in Michigan soon, those risks can be controlled to some degree.???
FireKeepers Casino in Battle Creek was the first tribal casino in Michigan to implement sports betting back in June. They are expected to embrace digital sports gambling but haven??™t released a launch timeline.
Soaring Eagle Casino near Mount Pleasant announced in November that they would be adding in-person sports betting, but have yet to comment on the possibility of going digital.
Online poker, slots and more casino classics also on their way to Michigan, Kalm said, possibly as soon as February.
Want to see more local news? Visit the FOX47News Website .
Stay in touch with us anytime, anywhere.
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?»?The Week In Sports Betting News: VA Sportsbooks Continue Piecemeal Rollout.
Happy Monday , everyone. There was plenty of interesting sports betting news last week despite GameStop and retail stock market investors dominating headlines.
The latest LSR Podcast discussed the two recent US sports betting launches in Michigan and Virginia . The team also discussed the recent trend of buying daily fantasy sports companies.
Make sure you??™re following @LSPReport on Twitter as well for breaking news updates.
Top sports betting story: Virginia sports betting continues slow rollout.
Sports betting in Virginia launched Jan. 21, but there still are just four operators live.
BetMGM and BetRivers joined FanDuel Sportsbook and DraftKings Sportsbook in the market last week. BetMGM received an untethered mobile license while BetRivers launched under Rush Street ??™s eventual casino license.
It would appear William Hill is next in line, with Caesars Virginia receiving its permit Wednesday. After that, who knows when we??™ll get the next bit of sports betting news from the state: The Virginia Lottery is keeping the process very secretive with licensee information only available as its website updates.
Tennessee gets two more sportsbooks as well.
It??™s go time for William Hill and WynnBET in the hot Tennessee sports betting market ??“ but not until after the Super Bowl .
Both operators received approval at Friday??™s Tennessee Education Lottery special meeting but have more to do before they can launch. Tennessee is also still waiting for Churchill Downs ??? TwinSpire to join the market.
The four launched sportsbooks ??“ Action 24/7 , BetMGM, DraftKings and FanDuel ??“ are likely thrilled to be the only operators so far. Tennessee??™s online-only market set a launch record with $131.4 million in handle in November followed by $180.9 million in December .
Those two months combined for $27.1 million in operator revenue.
Northeast states staying busy on sports betting.
Maybe there??™s something more to the water in the Northeast than just making perfect bagels and rolls.
Connecticut and Massachusetts are both trying to legalize sports betting while New York is taking a step forward and back simultaneously.
Sports betting in Connecticut is a bit tricky because of the gaming exclusivity granted long ago to the Mashantucket Pequot and Mohegan tribes. All sides called for compromise at a hearing last Tuesday, but no one seems ready to make a sacrifice first.
Massachusetts sports betting is again supported by Sen. Brendan Crighton , who reconfigured his 2020 bill with higher upfront fees that would generate tens of millions for the state.
And then there??™s New York. Sports betting in New York is already legal, but only through retail casinos. For questionable reasons, Gov. Andrew Cuomo and his team think the best option is to limit the market to potentially just one mobile operator.
Nevada sports betting handle falls in 2020.
Fewer people traveling and an upended sports calendar because of the coronavirus handed Nevada ???s sportsbooks a 20% dip in annual revenue and 19% decrease for handle.
Revenue for the full year was $262.8 million , about $7 million behind the leader, Pennsylvania . Handle was $4.3 billion.
Part of the decline can be blamed on Nevada??™s market since it requires in-person registration for mobile wagering accounts.
Investor Ader talks gaming SPACS.
Jason Ader called FanDuel and PokerStars parent company Flutter the potential Tesla of the gaming industry, and detailed some of his potential SPAC targets in an LSR Q+A .
Ader, who had two SPACs more than a decade ago and recently raised $275 million through Capital 26 , is currently considering four targets.
Ader also touched on why he thinks MGM Resorts will eventually buy its BetMGM partner, Entain , and likened some current SPAC management teams to old Fords instead of Ferraris or Rolls Royces .
Elsewhere, LSR??™s Brad Allen also dove into how mergers and acquisitions could change the shape of US sports betting this year.

Latest Betting News.
We provide daily sports betting news for the United States market. We cover the news relevant to the legality of betting in the United States. We focus on online sports betting , but also cover daily fantasy sports, online casino, online poker, online lottery and horse racing. We provide progress updates on legislation in each state, industry partnership, interviews and more.
We provide opinion pieces and editorial articles on the industry. We cover odds and analysis for the NFL, NBA, MLB, NHL, PGA and a number of other sports. Our latest addition is an eSports news category.

Big game, big worries? Gambling addiction grows with Illinois??™ booming sports betting industry ??” ???It??™s in your face all the time??™
The number of Illinoisans seeking help for problem gambling has almost doubled since legislators approved a massive gambling expansion in 2019. Experts expect that number to keep growing.
Share this story.
Share this on Facebook Share this on Twitter.
Share All sharing options for: Big game, big worries? Gambling addiction grows with Illinois??™ booming sports betting industry ??” ???It??™s in your face all the time??™
A man who requested that he only be identified as Anthony stands by a window in a high-rise condo near Soldier Field on Friday. The Tinley Park man is a recovering sports gambling addict. Tyler LaRiviere/Sun-Times.
Thousands of football fans will be placing their first legal Super Bowl bets in Illinois this weekend, and for most, a little action will make the big game just a bit more entertaining.
But, for some, it might open the door to regular betting, adding a quick dopamine hit to the regular season viewing experience. Maybe they??™ll have to start budgeting for a new habit. Maybe they??™ll have to start borrowing for it.
And, for a select few, it will get worse.
It??™s already gotten worse for hundreds of people statewide since Illinois legislators approved a massive gaming expansion a year and a half ago, introducing legal sports wagering to a state that??™s already packed with more places to gamble than Las Vegas.
The COVID-19 pandemic has made matters even worse, according to Luke, a Chicago-area problem gambler who was able to get out of the game nine years ago. Economic uncertainty and the general malaise of the quarantine lifestyle make gambling all the more enticing.
???It used to be that there was a stigma, and gambling was taboo. It was seedy,??? said Luke, who asked that his full name not be used. ???Now, you can do it on your phone. The companies that are doing it are publicly traded Fortune 500 companies.???
A man who asked that he only be identified as Anthony reads news about the Super Bowl on his phone Friday. Tyler LaRiviere/Sun-Times.
Calls to the state??™s gambling disorder hotline more than doubled from 2019 to 2020, when 13,258 people reached out either there or online for information on a problem that experts say is out of sight but front of mind for a growing number of bettors and their families. The Illinois Department of Human Services, which aims to connect problem gamblers with counseling resources, calls that a ???dramatic increase.???
In 2019, about 580 people received treatment for gambling disorders through state-sponsored programs across Illinois. That figure jumped past 1,000 in 2020, and experts say it doesn??™t even cut the deck as only an estimated 3% of problem gamblers acknowledge they have a problem, and even fewer seek treatment.
Counseling gets boost with Illinois gambling expansion ??” but more addiction is sure to follow.
State??™s all-in gambling expansion offers new temptation for those struggling to stay out.
Hundreds more took the more drastic step of banning themselves from casinos and the smartphone betting apps that have them hooked. About 13,500 people were enrolled in the self-exclusion program maintained by regulators at the Illinois Gaming Board in mid-2019, but that number has since shot past 14,000.
Many of those gamblers cite their temptations as coming from the state??™s 10 casinos, three horse racing tracks and 7,233 bars, restaurants, gas stations and VFW halls that also house slot machines.
But since mobile sports betting launched last summer, Illinoisans can now gamble 24/7 from the comfort of home ??” and they??™ve already lost more than $101 million doing so, according to Gaming Board revenue figures.
Blackhawks analyst Eddie Olczyk placed Illinois first legal sports bet in March 2019. Gamblers across the state have wagered more than $1.4 billion since then ??” and lost $101 million. Ashlee Rezin Garcia/Sun-Times.
As the billion-dollar industry keeps growing, addiction counselors say they??™re hearing more and more from young people glued to the sports betting apps whose ads saturate Illinois airwaves and billboards.
???It??™s in your face all the time,??? said Dr. Teresa Garate of the Gateway Foundation, a network of 16 addiction treatment centers statewide. ???It??™s becoming a part of everyday life. Everyone accepts it, but it??™s a serious trigger for some.???
That??™s the case for Anthony, a 36-year-old recovering problem gambler from southwest suburban Tinley Park, who said he often finds himself changing the station as sports talk radio hosts dissect the latest betting lines.
???It??™ll just be too much, it??™s too close,??? Anthony said. ???Even though I don??™t think it??™ll lead me down there, I know better than to let my mind start thinking like that.???
Anthony reads his favorite passages from ???A Day at a Time??™ a book by Gamblers Anonymous. Tyler LaRiviere/Sun-Times.
Elizabeth Thielen, a senior director at Nicasa Behavioral Health Services, said she??™s seen yearly increases of people seeking help for gambling disorders across Chicago??™s north suburbs, but a ???real burst??? of clients has sought them out in the past nine months.
???The ages we??™re seeing are trending younger, and I think that??™s directly related to sports betting,??? Thielen said. ???At the same time, I feel hopeful because you have young people showing a surprising level of insight to find help.???
Way Back Inn executive director Anita Pindiur is pictured outside the Maywood facility in 2019. Sun-Times file.
While there??™s been an influx of new problem gamblers, the potential for relapse is an equal concern for Dr. Anita Pindiur, executive director of the Way Back Inn, a Maywood treatment center. About 10 former patients have already returned to the Way Back Inn for counseling this football season alone.
???Sometimes, we forget how quickly it can happen,??? Pindiur said. ???These things are advertised in a way that they??™re fun and entertaining, and they should be. But often there is no set of limits or recognition of the limits until we get our credit-card bill, or somebody points it out.???
Illinois sports betting market could rival Nevada??™s, analysts say.
Sports bettors have already wagered $1.4 billion since legal industry launched in Illinois.
COVID-19 puts new Illinois casino licenses on hold.
Besides financial ruin, experts say people who suffer from gambling addiction are more likely to suffer from substance abuse issues, turn to crime or even attempt suicide.
???I was losing everything,??? said Patrick, a 35-year-old Niles man who??™s 13 months removed from his last bet. ???I??™d have a paycheck on a Friday afternoon and it would be gone by Friday night. My relationships with my family and whoever I was dating, it just got out of control. I was lying, I was stealing, I was doing all these crazy things.???
As sports betting has been brought out of the shadows into everyday life, counselors say their challenge now is removing the stigma around seeking treatment for addiction ??” and they say they??™re making progress through increased awareness. That??™s been boosted with the help of $7 million set aside in the state??™s gambling expansion law in grants for treatment centers, which have used a lot of that money to bolster advertising.
The Way Back Inn is one of only a handful of addiction treatment centers in Illinois that provide a gambling-specific program. Sun-Times file.
???One of the biggest barriers to treatment is stigma, especially for gambling,??? said Garate, from the Gateway Foundation. ???People don??™t see it as a real addiction. It is, and help is out there.???
Just how many people need help is unclear. Experts generally estimate that between 2% and 5% of the population deal with gambling disorder, which would project to about 635,000 people across Illinois, including about 136,000 in Chicago.
TO GET HELP.
For more information on problem gambling support, call 1-800-GAMBLER or text ???ILGAMB??? to 53342.
But there??™s been no comprehensive study of the problem in Illinois since 1999, well before video slots dotted the walls at thousands of establishments across the state and sportsbooks were accessible anywhere that had a cellphone signal.
???You have to believe those numbers are different now,??? Thielen said.
The state Department of Human Services is out to find out just how much they??™ve shifted with the onslaught of gambling options. The agency launched a $500,000 study last fall surveying treatment providers, problem gamblers and others to gauge the prevalence of addiction, especially among populations considered vulnerable or marginalized due to race, culture, economic or social disparity.
???We want to know what??™s the challenge, and what should we look for,??? said David Jones, who directs the department??™s Substance Use Prevention and Recovery Division. ???Then, you can start to bring more evidence-based solutions on a size consistent with the scale of the challenge.???

Online sports betting to launch in Michigan this month.
LANSING, Mich. ??” Online sports betting is set to launch throughout Michigan in mid-January.
So far, fifteen sportsbooks have been approved for launch. Two, Fanduel and DraftKings, are already offering pre-registration deals for Michiganders who sign up before actual betting can begin.
As he tells Fox 47, the launch of legal sports gambling means more opportunities to wager.
???For a Michigander that probably means you are going to have more access to legal sports betting with the launch of mobile sports betting,??? said John Holden, an assistant professor of business at Oklahoma State University who studies federal and state regulation of sports gambling.
Mobile sports gambling can be done right from a bettor??™s phone through sportsbook applications that follow location and age verification protocol as defined by the state??™s Gaming and Control Board.
Holden says casinos that introduce their own sportsbooks to the digital landscape could see more engagement as programs begin to launch.
???For the past few months, sports betting has been available in some casinos though, of course, access to those casinos has been limited over the past few months due to the COVID-19 pandemic,??? Holden explained.
State-governed casinos are being hit hard by COVID-19 closures and reduced capacity measures. Table game and slots revenue dropped by over sixty-one percent compared to November 2019.
???I think there??™s some pent-up demand," said Richard Kalm, executive director of the Michigan Gaming and Control Board. "The casinos were only open at fifteen percent capacity in October, and November was only half a month because, remember, we had to close because of COVID."
Michigan is the twentieth state to legalize online sports betting. Other states have seen online sports take over the gambling scene in 2020.
???What we have seen is that states that have both brick and mortar sports betting and mobile betting are seeing upwards of 80 percent, 85 percent, New Jersey at one point was at 93 percent of the revenue was coming from mobile betting,??? Holden said.
According to Kalm, the process is now in the hands of casinos and sportsbook applications to make sure they??™re able to launch. To be cleared, these entities must be compliant with safe gambling guidelines laid out by the state.
???At this point, we??™re waiting for the independent test labs that test the software and the types of games and also the geolocation to make sure that they have geolocation properly in place, their internal controls, and their age verification in place,??? Kalm said.
Kalm said he and the control board are keeping safe betting in mind throughout this process. But, as Holden warns, the risk may not be preventable.
???There??™s always risk associated with gambling. However, in a regulated environment like what??™s launching in Michigan soon, those risks can be controlled to some degree.???
FireKeepers Casino in Battle Creek was the first tribal casino in Michigan to implement sports betting back in June. They are expected to embrace digital sports gambling but haven??™t released a launch timeline.
Soaring Eagle Casino near Mount Pleasant announced in November that they would be adding in-person sports betting, but have yet to comment on the possibility of going digital.
Online poker, slots and more casino classics also on their way to Michigan, Kalm said, possibly as soon as February.
Want to see more local news? Visit the FOX47News Website .
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?»?The Week In Sports Betting News: VA Sportsbooks Continue Piecemeal Rollout.
Happy Monday , everyone. There was plenty of interesting sports betting news last week despite GameStop and retail stock market investors dominating headlines.
The latest LSR Podcast discussed the two recent US sports betting launches in Michigan and Virginia . The team also discussed the recent trend of buying daily fantasy sports companies.
Make sure you??™re following @LSPReport on Twitter as well for breaking news updates.
Top sports betting story: Virginia sports betting continues slow rollout.
Sports betting in Virginia launched Jan. 21, but there still are just four operators live.
BetMGM and BetRivers joined FanDuel Sportsbook and DraftKings Sportsbook in the market last week. BetMGM received an untethered mobile license while BetRivers launched under Rush Street ??™s eventual casino license.
It would appear William Hill is next in line, with Caesars Virginia receiving its permit Wednesday. After that, who knows when we??™ll get the next bit of sports betting news from the state: The Virginia Lottery is keeping the process very secretive with licensee information only available as its website updates.
Tennessee gets two more sportsbooks as well.
It??™s go time for William Hill and WynnBET in the hot Tennessee sports betting market ??“ but not until after the Super Bowl .
Both operators received approval at Friday??™s Tennessee Education Lottery special meeting but have more to do before they can launch. Tennessee is also still waiting for Churchill Downs ??? TwinSpire to join the market.
The four launched sportsbooks ??“ Action 24/7 , BetMGM, DraftKings and FanDuel ??“ are likely thrilled to be the only operators so far. Tennessee??™s online-only market set a launch record with $131.4 million in handle in November followed by $180.9 million in December .
Those two months combined for $27.1 million in operator revenue.
Northeast states staying busy on sports betting.
Maybe there??™s something more to the water in the Northeast than just making perfect bagels and rolls.
Connecticut and Massachusetts are both trying to legalize sports betting while New York is taking a step forward and back simultaneously.
Sports betting in Connecticut is a bit tricky because of the gaming exclusivity granted long ago to the Mashantucket Pequot and Mohegan tribes. All sides called for compromise at a hearing last Tuesday, but no one seems ready to make a sacrifice first.
Massachusetts sports betting is again supported by Sen. Brendan Crighton , who reconfigured his 2020 bill with higher upfront fees that would generate tens of millions for the state.
And then there??™s New York. Sports betting in New York is already legal, but only through retail casinos. For questionable reasons, Gov. Andrew Cuomo and his team think the best option is to limit the market to potentially just one mobile operator.
Nevada sports betting handle falls in 2020.
Fewer people traveling and an upended sports calendar because of the coronavirus handed Nevada ???s sportsbooks a 20% dip in annual revenue and 19% decrease for handle.
Revenue for the full year was $262.8 million , about $7 million behind the leader, Pennsylvania . Handle was $4.3 billion.
Part of the decline can be blamed on Nevada??™s market since it requires in-person registration for mobile wagering accounts.
Investor Ader talks gaming SPACS.
Jason Ader called FanDuel and PokerStars parent company Flutter the potential Tesla of the gaming industry, and detailed some of his potential SPAC targets in an LSR Q+A .
Ader, who had two SPACs more than a decade ago and recently raised $275 million through Capital 26 , is currently considering four targets.
Ader also touched on why he thinks MGM Resorts will eventually buy its BetMGM partner, Entain , and likened some current SPAC management teams to old Fords instead of Ferraris or Rolls Royces .
Elsewhere, LSR??™s Brad Allen also dove into how mergers and acquisitions could change the shape of US sports betting this year.

Latest Betting News.
We provide daily sports betting news for the United States market. We cover the news relevant to the legality of betting in the United States. We focus on online sports betting , but also cover daily fantasy sports, online casino, online poker, online lottery and horse racing. We provide progress updates on legislation in each state, industry partnership, interviews and more.
We provide opinion pieces and editorial articles on the industry. We cover odds and analysis for the NFL, NBA, MLB, NHL, PGA and a number of other sports. Our latest addition is an eSports news category.

Big game, big worries? Gambling addiction grows with Illinois??™ booming sports betting industry ??” ???It??™s in your face all the time??™
The number of Illinoisans seeking help for problem gambling has almost doubled since legislators approved a massive gambling expansion in 2019. Experts expect that number to keep growing.
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A man who requested that he only be identified as Anthony stands by a window in a high-rise condo near Soldier Field on Friday. The Tinley Park man is a recovering sports gambling addict. Tyler LaRiviere/Sun-Times.
Thousands of football fans will be placing their first legal Super Bowl bets in Illinois this weekend, and for most, a little action will make the big game just a bit more entertaining.
But, for some, it might open the door to regular betting, adding a quick dopamine hit to the regular season viewing experience. Maybe they??™ll have to start budgeting for a new habit. Maybe they??™ll have to start borrowing for it.
And, for a select few, it will get worse.
It??™s already gotten worse for hundreds of people statewide since Illinois legislators approved a massive gaming expansion a year and a half ago, introducing legal sports wagering to a state that??™s already packed with more places to gamble than Las Vegas.
The COVID-19 pandemic has made matters even worse, according to Luke, a Chicago-area problem gambler who was able to get out of the game nine years ago. Economic uncertainty and the general malaise of the quarantine lifestyle make gambling all the more enticing.
???It used to be that there was a stigma, and gambling was taboo. It was seedy,??? said Luke, who asked that his full name not be used. ???Now, you can do it on your phone. The companies that are doing it are publicly traded Fortune 500 companies.???
A man who asked that he only be identified as Anthony reads news about the Super Bowl on his phone Friday. Tyler LaRiviere/Sun-Times.
Calls to the state??™s gambling disorder hotline more than doubled from 2019 to 2020, when 13,258 people reached out either there or online for information on a problem that experts say is out of sight but front of mind for a growing number of bettors and their families. The Illinois Department of Human Services, which aims to connect problem gamblers with counseling resources, calls that a ???dramatic increase.???
In 2019, about 580 people received treatment for gambling disorders through state-sponsored programs across Illinois. That figure jumped past 1,000 in 2020, and experts say it doesn??™t even cut the deck as only an estimated 3% of problem gamblers acknowledge they have a problem, and even fewer seek treatment.
Counseling gets boost with Illinois gambling expansion ??” but more addiction is sure to follow.
State??™s all-in gambling expansion offers new temptation for those struggling to stay out.
Hundreds more took the more drastic step of banning themselves from casinos and the smartphone betting apps that have them hooked. About 13,500 people were enrolled in the self-exclusion program maintained by regulators at the Illinois Gaming Board in mid-2019, but that number has since shot past 14,000.
Many of those gamblers cite their temptations as coming from the state??™s 10 casinos, three horse racing tracks and 7,233 bars, restaurants, gas stations and VFW halls that also house slot machines.
But since mobile sports betting launched last summer, Illinoisans can now gamble 24/7 from the comfort of home ??” and they??™ve already lost more than $101 million doing so, according to Gaming Board revenue figures.
Blackhawks analyst Eddie Olczyk placed Illinois first legal sports bet in March 2019. Gamblers across the state have wagered more than $1.4 billion since then ??” and lost $101 million. Ashlee Rezin Garcia/Sun-Times.
As the billion-dollar industry keeps growing, addiction counselors say they??™re hearing more and more from young people glued to the sports betting apps whose ads saturate Illinois airwaves and billboards.
???It??™s in your face all the time,??? said Dr. Teresa Garate of the Gateway Foundation, a network of 16 addiction treatment centers statewide. ???It??™s becoming a part of everyday life. Everyone accepts it, but it??™s a serious trigger for some.???
That??™s the case for Anthony, a 36-year-old recovering problem gambler from southwest suburban Tinley Park, who said he often finds himself changing the station as sports talk radio hosts dissect the latest betting lines.
???It??™ll just be too much, it??™s too close,??? Anthony said. ???Even though I don??™t think it??™ll lead me down there, I know better than to let my mind start thinking like that.???
Anthony reads his favorite passages from ???A Day at a Time??™ a book by Gamblers Anonymous. Tyler LaRiviere/Sun-Times.
Elizabeth Thielen, a senior director at Nicasa Behavioral Health Services, said she??™s seen yearly increases of people seeking help for gambling disorders across Chicago??™s north suburbs, but a ???real burst??? of clients has sought them out in the past nine months.
???The ages we??™re seeing are trending younger, and I think that??™s directly related to sports betting,??? Thielen said. ???At the same time, I feel hopeful because you have young people showing a surprising level of insight to find help.???
Way Back Inn executive director Anita Pindiur is pictured outside the Maywood facility in 2019. Sun-Times file.
While there??™s been an influx of new problem gamblers, the potential for relapse is an equal concern for Dr. Anita Pindiur, executive director of the Way Back Inn, a Maywood treatment center. About 10 former patients have already returned to the Way Back Inn for counseling this football season alone.
???Sometimes, we forget how quickly it can happen,??? Pindiur said. ???These things are advertised in a way that they??™re fun and entertaining, and they should be. But often there is no set of limits or recognition of the limits until we get our credit-card bill, or somebody points it out.???
Illinois sports betting market could rival Nevada??™s, analysts say.
Sports bettors have already wagered $1.4 billion since legal industry launched in Illinois.
COVID-19 puts new Illinois casino licenses on hold.
Besides financial ruin, experts say people who suffer from gambling addiction are more likely to suffer from substance abuse issues, turn to crime or even attempt suicide.
???I was losing everything,??? said Patrick, a 35-year-old Niles man who??™s 13 months removed from his last bet. ???I??™d have a paycheck on a Friday afternoon and it would be gone by Friday night. My relationships with my family and whoever I was dating, it just got out of control. I was lying, I was stealing, I was doing all these crazy things.???
As sports betting has been brought out of the shadows into everyday life, counselors say their challenge now is removing the stigma around seeking treatment for addiction ??” and they say they??™re making progress through increased awareness. That??™s been boosted with the help of $7 million set aside in the state??™s gambling expansion law in grants for treatment centers, which have used a lot of that money to bolster advertising.
The Way Back Inn is one of only a handful of addiction treatment centers in Illinois that provide a gambling-specific program. Sun-Times file.
???One of the biggest barriers to treatment is stigma, especially for gambling,??? said Garate, from the Gateway Foundation. ???People don??™t see it as a real addiction. It is, and help is out there.???
Just how many people need help is unclear. Experts generally estimate that between 2% and 5% of the population deal with gambling disorder, which would project to about 635,000 people across Illinois, including about 136,000 in Chicago.
TO GET HELP.
For more information on problem gambling support, call 1-800-GAMBLER or text ???ILGAMB??? to 53342.
But there??™s been no comprehensive study of the problem in Illinois since 1999, well before video slots dotted the walls at thousands of establishments across the state and sportsbooks were accessible anywhere that had a cellphone signal.
???You have to believe those numbers are different now,??? Thielen said.
The state Department of Human Services is out to find out just how much they??™ve shifted with the onslaught of gambling options. The agency launched a $500,000 study last fall surveying treatment providers, problem gamblers and others to gauge the prevalence of addiction, especially among populations considered vulnerable or marginalized due to race, culture, economic or social disparity.
???We want to know what??™s the challenge, and what should we look for,??? said David Jones, who directs the department??™s Substance Use Prevention and Recovery Division. ???Then, you can start to bring more evidence-based solutions on a size consistent with the scale of the challenge.???

Online sports betting to launch in Michigan this month.
LANSING, Mich. ??” Online sports betting is set to launch throughout Michigan in mid-January.
So far, fifteen sportsbooks have been approved for launch. Two, Fanduel and DraftKings, are already offering pre-registration deals for Michiganders who sign up before actual betting can begin.
As he tells Fox 47, the launch of legal sports gambling means more opportunities to wager.
???For a Michigander that probably means you are going to have more access to legal sports betting with the launch of mobile sports betting,??? said John Holden, an assistant professor of business at Oklahoma State University who studies federal and state regulation of sports gambling.
Mobile sports gambling can be done right from a bettor??™s phone through sportsbook applications that follow location and age verification protocol as defined by the state??™s Gaming and Control Board.
Holden says casinos that introduce their own sportsbooks to the digital landscape could see more engagement as programs begin to launch.
???For the past few months, sports betting has been available in some casinos though, of course, access to those casinos has been limited over the past few months due to the COVID-19 pandemic,??? Holden explained.
State-governed casinos are being hit hard by COVID-19 closures and reduced capacity measures. Table game and slots revenue dropped by over sixty-one percent compared to November 2019.
???I think there??™s some pent-up demand,

?»?Dodgers' Updated World Series Odds After Trevor Bauer's $102M Contract.
Featured Columnist February 5, 2021 Comments Comment Bubble Icon.
The Los Angeles Dodgers on Friday bolstered their status as the favorites to win the 2021 World Series with the signing of free-agent starting pitcher Trevor Bauer.
B/R Betting tweeted that the Dodgers now have plus-425 (17-4) odds to win it all for the second year in a row, via DraftKings:
Bauer announced Friday in a YouTube video that he had decided to sign with L.A.
According to ESPN's Jeff Passan, Bauer agreed to a three-year, $102 million contract with opt-outs after the first and second years. Passan noted Bauer will make $40 million in 2021 and $45 million in 2022 if he opts in.
In Bauer, the Dodgers added the reigning National League Cy Young Award winner to a starting rotation that already included Clayton Kershaw and Walker Buehler.
Last season, which was Bauer's only full campaign with the Cincinnati Reds, he went 5-4 with a 1.73 ERA and 100 strikeouts in 73 innings. He also played a huge role in the Reds' reaching the playoffs for the first time since 2013.
Before getting traded to the Reds at the 2019 deadline, Bauer pitched for the Arizona Diamondbacks and Cleveland. His only All-Star season was with Cleveland in 2018 when he posted a 12-6 record with a 2.21 ERA and 221 strikeouts in 175.1 innings.
Over his nine-year career, the 30-year-old Bauer has gone 75-64 with a 3.90 ERA and 1,279 strikeouts in 1,190 innings.
The Dodgers already had one of the best pitching staffs in MLB, as Kershaw and Buehler led them to their first World Series title since 1988.
Now, Bauer will headline the rotation along with Kershaw and Buehler, while veteran David Price and youngsters Julio Urias and Dustin May figure to compete for the fourth and fifth spots.
The Dodgers also still boast one of the most dangerous lineups in baseball with Mookie Betts, Cody Bellinger, Corey Seager and Max Muncy.
While many things can happen to derail a season, including injuries, the Dodgers have every right to be considered the odds-on favorites after winning last year's World Series and adding another ace to their rotation.
The National League West rival San Diego Padres could have something to say about it after acquiring starting pitchers Yu Darvish and Blake Snell this offseason, but the Dodgers will remain the team to beat until another club proves otherwise.
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).
Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), or call or text the TN REDLINE: 800-889-9789 (TN).

World Series Odds 2021.
MLB Futures For Every Team.
World Series odds 2021.
MLB Futures Report.
The Favorites.
The Contenders.
The Longshots.
Basics of MLB Futures.
Futures bets may also include the winner of the American League , National League , and each division. Some sportsbooks delve deeper with ???prop bets??? on individual achievements, such as who will lead the Majors in home runs, wins, strikeouts, etc.
Generally, books take bets on futures in between game action. When teams are competing on a full slate of night games, your sportsbook of choice might hold off on updating odds in the event there is a catastrophic injury or another event that might change the prospects of a contender.
Here is a quick summary of how the odds are displayed for MLB Futures bets:
History of MLB futures.
Placing a longshot Futures bet on baseball is a very risky proposition. In the NBA, for one, it??™s almost akin to throwing away your money. The NFL is a bit more unpredictable with its single-elimination postseason, and the MLB is somewhere in between.
Other ways to bet on the World Series.
For those with wagering experience in other sports, much of the baseball terminology and concepts will be familiar. However, as with all sports, there are certain bet types and props that naturally are particular to the individual sport.
Here are the various ways to get a wager down on the World Series.
MLB betting FAQ.
Where can I bet on the World Series in the US?
Currently, there are 16 states that offer legal sports betting. Residents of those states can use top online sportsbooks (if available) or casino sportsbooks to place legal, real-money bets.
Who is the favorite to win the World Series in 2021?
Where can I get MLB betting tips?
Bet with your head, not over it. Call 1-800-GAMBLER if you have a gambling problem.

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2020 World Series odds, picks, predictions and best bets.
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The 2020 World Series is here and set to begin Tuesday, Oct. 20, as the conclusion of the tumultuous 60-game regular season and an exhilarating playoff run. The National League??™s top-seeded Los Angeles Dodgers will face the American League??™s best team in the Tampa Bay Rays .
Below, we analyze the betting odds and lines to win the 2020 World Series, with MLB picks and best bets.
Also see:
2020 World Series: Odds to win.
MLB odds courtesy of BetMGM; access USA TODAY Sports for a full list. Odds last updated Tuesday at 11 a.m. ET.
The Rays come in as moderate underdogs on the series line. A win in the best-of-seven series would return a $165 profit on a $100 wager.
World Series Special Betting Promotion!
Bet $1 on the Los Angeles Dodgers or Tampa Bay Rays money line, WIN $100 (in free bets) if either team hits a home run during their matchup. Regardless of the outcome, a home run cashes!
Place your legal, online sports bets in CO, IN, NJ and WV at BetMGM, the King of Sportsbooks . Terms and conditions apply. Bet now!
2020 World Series : Tale of the tape.
Regular-season record: Dodgers 43-17 | Rays 40-20.
Team hitting: Dodgers .256/.338/.483 | Rays .238/.328/.425.
Team pitching: Dodgers 3.02 ERA, 1.06 WHIP, 17.1 K-BB% | Rays 3.56 ERA, 1.22 WHIP, 17.4 K-BB%
Dodgers leaders: HR: OFs Mookie Betts and A.J. Pollock (16), RBI: SS Corey Seager (41), wOBA (min. 30 GP): C Will Smith (.411), ERA (min. 50 IP): LHP Clayton Kershaw (2.16)
Rays leaders: HR: 2B Brandon Lowe (14), RBI: Lowe (37), wOBA (min. 30 GP): INF Mike Brosseau (.394), ERA (min. 50 IP): LHP Blake Snell (3.24)
ALCS MVP: Rays OF Randy Arozarena (.321/.367/.786, 4 HR, 6 RBI)
NLCS MVP: Dodgers SS Corey Seager (.310/.333/.897, 5 HR, 11 RBI)
2020 World Series: Pick and best bet.
Place a small wager on the Rays to win the World Series ahead of Game 1. Should they take an early lead as they did against the Houston Astros in the ALCS, hedge with a Dodgers pick at higher odds for the NL??™s best team of 2020.
Follow @EstenMcLaren on Twitter. Follow SportsbookWire on Twitter and like us on Facebook.
Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.

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?»?How to Read Football Odds.
Last Updated: December 16, 2019 References.
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There are 10 references cited in this article, which can be found at the bottom of the page.
This article has been viewed 6,218 times.
If you want to make a bet on a football game, understanding the odds for each team is important so you know how much money you??™re wagering or winning. Many people bet on football games based on the point spread of the game while others use the money line odds. There may be various other types of odds you can bet on, but they are usually not as common. Once you place your bet, watch the game so you can see the results and possibly win big!
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Tip: The number listed for the favored and underdog teams will be the same. Be sure to pay attention to if there??™s a ???-??? or ???+??? in front of the number.

How to Read Odds.
Last Updated: February 27, 2020 References Approved.
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This article has been viewed 808,600 times.
If you bet on sporting events, you must be able to read odds and understand what they mean. Furthermore, you need to quickly calculate the potential winnings for different bets, especially if the odds are changing while the event unfolds. Odds tell you the likelihood that an event will occur (a team wins, a boxer makes it a certain round) and how much will be paid out if you win. There are, however, multiple ways to convey this information.

How to Read Odds.
Commercial Content. Play Responsibly. 21+
Now that sports betting is legal in many states, most new bettors need to learn how to read odds and how to actually bet on sports.
Plus, you will need to learn about the different types of odds out there. So, keep reading to learn about odds and how to understand them.
What are Betting Odds?
So, the first question to be answered is: just what are betting odds? And, how are odds used to place wagers? These are the two most important factors when using odds to determine how to place your bets.
Betting odds represent the probability of a specific outcome. And, odds show the profit, or return, that you can get if your bet wins. This likelihood of a certain outcome is additionally known as the implied probability .
You need to know what implied probability is if you are going to bet on sports. Then, you can make an informed bet if the probability of an event occurring is larger than a predetermined implied probability.
Implied Probability.
Simply put, converting betting odds into probability is the implied probability . When sportsbooks set the odds on a bet, they first determine the chance of winning that bet. This way, a bookmaker hopes to avoid paying out too much in order to still make a profit.
The Kinds of Odds.
Hopefully, you are following along. Any time you look at sports betting sites, you??™ll see odds listed. But, they may not be the same type of odds from sportsbook to sportsbook.
And, that is because there are multiple kinds of accepted odds on sportsbooks. The three most common odds formats are:
Fractional odds Decimal odds American odds.
So, it is really imperative to learn how to read all three kinds of odds. Then, you can understand most of the odds you will find on sportsbooks worldwide. And that will help you place more informed bets no matter the odds!
Fractional Odds Explained.
You will most likely find fractional odds in Europe, not the U.S. Fractional odds are most common in the UK in connection with betting on horse races. These odds are used to demonstrate that a bettor will get their winnings proportional to their wager/stake.
In order to make things more clear, here??™s an example to fully show how fractional odds work in practice. Assume the Yankees have fractional odds of 5/2. Put plainly, with each $2 that is bet, a profit of $5 is possible.
To figure the math our for yourself, use this formula:
Profit = (Stake/Denominator) x Numerator.
So, if the stake is $50, then P = (50/2) x 5.
Fractional odds can be a bit complicated to understand compared to other kinds of commonly used odds. But, since they are not the preferred choice in America, you will not encounter them often. However, it is still good to know how they work.
Decimal Odds Explained.
A widely used type of odds worldwide is decimal odds. If you are familiar with a variety of sportsbooks, you will have encountered decimal odds. So, here is an in-depth explanation of what decimal odds mean.
Boiled down, decimal odds illustrate what a bettor would receive in profits for a one-dollar wager. But, it is a little more complicated than it sounds. Below, you will find an example used to explain exactly how decimal odds work.
In this example, the New York Yankees have 2.0 odds to win against the Boston Red Sox. So, for every $1 that is bet on them to win, a bettor will get $2 in profits. That means the bettor will not only get back the $1 stake but also $1 in profits.
For you to be able to figure it out mathematically for yourself, use the equation below.
Profit = (Stake x Odds) ??“ Stake.
If we use the example from above with a $50 stake, that means:
P = (50 x 2) ??“ 50 P = 100 ??“ 50 Profit = $50.
Decimal odds are not all that complicated when it comes down to it. The formula is maybe the easiest to do on your own. Hopefully, you will be an expert at understanding decimal odds from now on!
American Odds Explained.
American odds will also sometimes be referred to as moneyline odds. In the US, naturally, American odds are the most widely used types of odds for sportsbooks. You will see them as either positive or negative odds.
It is easiest to understand American odds if you have an example. So, here is an illustration of American odds in action:
Positive odds represent the profit a bettor will potentially receive if they bet $100 . That means if they placed a wager of $50 on the Red Sox to be the winners, the profit the bettor would get if the Sox win is $75.
Negative odds numerically represent what a bettor would need to bet to win a profit of $100. That means if we use the example from above, they would have to wager $120. Plus, the New York Yankees need to win for the bettor to win a profit of $100.
American odds are very easy to understand when broken down like that. Plus, you will find these odds in most US sportsbooks. So, you should now be able to read most sportsbooks and understand their odds.
How to Figure Out Implied Probability.
Now, you have learned how to understand the most popular kinds of odds. But, that is not all you need to know to place the best bets possible. If you figure out the implied probability of an event, you can place your best bets.
Figuring out the implied probability using positive American odds is pretty simple. To demonstrate this, we will use the same numbers and teams from above. This is how you would calculate the positive odds implied probability:
Implied Probability for Positive Odds.
So, the implied probability that the Boston Red Sox will win is .4 or 40%. Thus, the bookmakers for the sportsbooks will think the Red Sox have a 40% chance of beating the Yankees. You can use these odds to figure out what you want to bet on and how much.
Implied Probability for Negative Odds.
Now, you need to learn how to calculate implied probability when it comes to negative American odds. Luckily, it is as easy as it is for positive odds. We will use the same numbers from the moneyline example. So, the Yankees have -120 odds in this example.
Implied Probability = Negative Odds/(Negative Odds ??“ 100) IP = -120/(-120 ??“ 100) IP = -120/-220 Implied Probability = .5454.
That gives us an implied probability of .5454 or 54.54%. So, the New York Yankees will have a 54.54% chance of being the winners of the game against the Red Sox.
Calculators for Betting Odds.
Well, now that you know the most common odds that are used, you can calculate them yourself. But it always makes sense to check your math using a betting odds calculator. This is to double-check that you have done it correctly.
You do not want to place bets with the wrong odds. Obviously, you want to place the best bet possible. A betting odds calculator can help you make sure you are using the right facts.
Final Tips on How to Read Odds.
So, now that you know how to read and calculate the most popular odds, you should be ready to place your bets. Knowing how to read odds makes it so you can place the most informed bets. Likewise, you will have a better chance of having your bet pay off. Remember, however, that no bet is a sure thing .
And, now that you can calculate your own odds, compare multiple sportsbooks??™ odds . Some may have different odds for the same event. But, you can still get a general feel for what the odds are for each outcome.
Finally, now that you are an odds expert, you can calculate implied probability. Implied probability is a great tool for bettors. So, you can be the best at placing bets and hopefully win!

How To Read Odds.
Understanding betting odds is key to successful betting. If you do not understand betting odds and the probabilities that they imply, you will struggle to succeed in betting on sports long term.
You don??™t need to be a math genius to succeed in betting on sports, but if you do not understand what betting odds reflect, you are setting yourself up for failure.
How to read American odds.
There are three popular odds formats:
Fractional Odds Decimal Odds American Odds.
For the purposes of this article, we will focus on American odds. Know your potential profits when you make a wager with this betting odds calculator.
American odds are presented as either positive or negative odds. The following is an example of American odds for an NBA game between the Los Angeles Lakers and Chicago Bulls.
Put Your Odds Knowledge to the Test.
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How to calculate implied probability.
As previously stated, understanding and calculating the implied probability in betting odds is key to long-term betting success at, for instance, Pointsbet Sportsbook.
So how do we calculate the implied probability in American odds?
Calculating the implied probability in positive American odds is quite simple:
So the implied probability of the Lakers winning the game is 0.4348 (or 43.48%). In this instance, the bookmakers believe the Lakers are a 43.48% chance of winning the game.
Calculating the implied probability in negative American odds is fairly straightforward:
So in our example, the Bulls are at odds of -140 to win the game. What is the implied probability of these odds?
So the implied probability of the Bulls winning the game is 0.5833, or 58.33%. In this case, the bookmakers see the Bulls as a 58.33% chance of winning the game.
Value bets.
As stated earlier, the key to successful betting is to bet only when there is value. In our example, we should only bet on either the Bulls or the Lakers if we determine that they are a better chance to win the game than what the odds represent.
If we believe the Lakers are a better chance to win than 43.48%, we should bet on them. If we believe the Bulls are a better chance to win than 58.33%, then likewise, we should bet on them.
Understanding betting odds is crucial to long-term betting success. Possessing an intimate grasp of betting odds and their implied probabilities is fundamental to profitable betting.
See real odds at online sportsbooks.
At many sportsbooks, you??™re free to see the odds no matter what state you happen to be in. However, you can only place real money bets at online sportsbooks odds if you??™re located in states that have legal sports betting.
However, if you want to bet on horses, you??™re more in luck there! Many states allow for online horse racing betting and you can see odds at most of the big horse racing tracks around the world.
Betting Against The Odds.
In Summary: Betting Odds Explained.
Betting odds represent the probability of an outcome occurring and the return (profit) you will receive if your bet is a winner. It could be the likelihood of all of your final four betting picks being correct.
The probability represented by betting odds is often referred to as the ???implied probability??™. Understanding the implied probability is crucial. Why? Because you should only bet when you believe the probability of an outcome occurring is higher than the implied probability. But if you would like to learn more about betting odds and alternative odds formats, try this odds converter.
Let??™s consider an example. Let??™s say the New York Giants are facing the Washington Redskins in a regular season NFL game. The Giants are at odds of -110 to cover the betting line of -3.5 points. The probability implied in the odds -110 is 52.4%. You??™ve done your research and have determined the Giants are a 60% chance to cover the -3.5 betting line. As 60% is greater than 52.4%, you have found what is commonly referred to as a ???value bet??™.
However, if following your research you determined that the Giants are only a 45% chance to cover the -3.5 points betting line, the implied probability of the odds is greater than your determined probability. You have not found a value bet and should not place a bet on the Giants.

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