Tag: HideAffiliate
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Live Betting Education: Be Mindful of Live NFL Prop Lines
The NFL is the most wagered on sport in the United States, and the menu of offerings for bettors has grown exponentially since sports betting was legalized on a federal level in 2018. That is true for live betting, or wagers placed during a sporting event, as well. While software and technology used by the…
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NY Governor Signs Legislation Targeted Toward Impact of Problem Gambling
New York Governor Kathy Hochul signed legislation to fight the effects of problem gambling as pressure mounts on legislators to move on sports betting conversations. The legislation requires all advertisements for gambling and sports betting to include warnings about the potentially harmful and addictive effects of gambling. This is a change from previous legislation, which…
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American Gaming Association Unveils Responsible Gambling Effectiveness Scale
Do you know the difference between problem gambling and responsible gambling? The former type of betting is, well, problematic, while the latter is its antidote. Nevertheless, new research by Dr. Jonathan Ross Gilbert, an assistant professor of marketing at Hampton University, and UNLV marketing professor Dr. Marla Royne Stafford found that people often confuse the…
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FanDuel Launches New Responsible Gambling Initiative
FanDuel has announced a new responsible gambling initiative geared toward providing adults with tools and resources to educate young people about gambling and how to potentially approach the subject and the nuance that surrounds it. The new initiative is designed around a video series entitled Trusted Voices: Conversations About Betting, featuring former NBA player Randy Livingston…
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Second Study Says Sports Betting Adversely Impacts Low-Income Households
For the second time this summer, an academic study has been published which asserts that legal sports betting has a disproportionately negative impact on lower-income households. Published on July 9, the study’s five authors — two apiece from the University of Kansas and Brigham Young University, and one from Northwestern — analyzed consumer data from…
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New Jersey Mandates bet365 Repay Bettors $519K For Manually Altering Payouts
New Jersey regulators have mandated that bet365 repay bettors over $519,000 for downgrading winning wagers due to what the sportsbook deemed were “obvious errors,” Sports Handle reported on Monday. On 199 wagers between December 2020 and November 2022, bet365 manually reduced payouts on winning bets at revised odds rather than the original odds that bettors…
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Shohei Ohtani’s Ex-Interpreter’s Bookmaker Pleads Guilty
Mathew Bowyer, the bookmaker associated with Shohei Ohtani’s ex-interpreter, has pleaded guilty to three charges affiliated with running an illegal sports betting operation. Ohtani’s former interpreter, Ippei Mizuhara, racked up an exorbitant sports betting debt to Bowyer, which the interpreter attempted to pay off using Ohtani’s funds, prosecutors said. In all, Mizuhara is alleged to…
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9 Common Sports Betting Mistakes to Avoid
Sports betting isn’t easy. If it were, Vegas would go bankrupt and Average Joe bettors would all quit their day jobs and live lavishly as millionaires. Seasoned bettors know that there will always be ups and downs. The key is staying the course, remaining disciplined and steadily building your bankroll over the course of the…
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Jontay Porter to Face Felony Charge for Role in Sports Betting Fix
The former NBA player banned for life will face a felony charge for his role in a sports betting fix operation, ESPN reported on Wednesday. Former Raptors center Jontay Porter became the first major athlete to be banned for life in North America since the inception of legalized, online sports betting in the U.S. in…
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MLS Player Felipe Hernandez on Administrative Leave for Gambling Violations
Sporting K.C. midfielder Felipe Hernandez has been placed on administrative leave after Major League Soccer determined that he violated its gambling policy a second time. BREAKING: MLS has placed Sporting Kansas City midfielder Felipe Hernandez on administrative leave, following a report he violated the league’s gambling policies. Hernandez was previously suspended in 2021 for betting…
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Man Tied to Jontay Porter Sports Betting Fix Arrested
The man prosecutors said coordinated with disgraced former NBA player Jontay Porter to alter his performance in at least two NBA games in order to profit has been arrested. Porter is alleged by prosecutors to have run up a substantial gambling debt to Long Phi Pham, 38, and his co-conspirators. In order to remove himself…
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Shohei Ohtani’s Former Interpreter Pleads Guilty in Sports Betting Fraud Case
Shohei Ohtani’s former interpreter Ippei Mizuhara has pleaded guilty to bank and tax fraud after admitting to stealing nearly $17 million from the superstar in order to pay off debts incurred from illegal sports betting. Mizuhara faces up to 33 years in prison and must pay off his debts to Ohtani. He has also been…
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Which Players Have Been Suspended or Banned For Betting on Sports?
On Tuesday, former Pirates infielder Tucupita Marcano was banned for life for wagering on baseball. Marcano placed more than $87,000 in bets on MLB, including 25 parlays on the Pirates at legal sportsbooks. He lost every parlay that involved the Pirates. He is the first MLB player to be banned from baseball for gambling since…
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MLB Permanently Bans Tucupita Marcano for Gambling Violations, Suspends 4 Others
Major League Baseball announced major penalties Tuesday for four players who committed gambling violations. MLB has permanently banned Padres infielder Tucupita Marcano and levied a one-year suspension for Athletics pitcher Michael Kelly, Padres pitcher Jay Groome, Diamondbacks pitcher Andrew Saalfrank, and Phillies infielder José Rodríguez. According to a report from MLB, the league was alerted…
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Major Sportsbook Operators Decline to Attend Gaming Commission Hearing on Limiting Players
On Tuesday, sportsbook operators made their feelings known without saying a word regarding the famous sports betting practice of limits. Long-term winning sports bettors know the battle to defeat the bookies isn’t restricted to developing a winning strategy. A bigger duel occurs between winning sports bettors and sportsbooks — the limiting of players. Limits are…
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Federal Regulator Seeks Ban on Election, Award Show Betting
A federal regulator has voted on Friday to move forward on a plan that would attempt to ban wagering on elections, award shows and some sporting events. The provision would ban specific betting exchanges, which typically hold markets that aren’t based on actions on the field — such as who the next coach of a…
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Former MGM President Sentenced to Probation in Sports Betting Money Laundering Case
Former MGM Grand president Scott Sibella has been sentenced to a year of probation allowing the head of an illegal sports bookmaking operation to wager on properties with illicit funds and pay with cash. The case stems from bookmaker Wayne Nix, who is awaiting sentencing after pleading guilty in 2022 for operating an illegal gambling business…
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Shohei Ohtani’s Former Interpreter Pleads Guilty to Bank Fraud Amid Sports Betting Scandal
Shohei Ohtani’s best friend and interpreter Ippei Mizuhara has pleaded guilty to bank fraud after stealing almost $17 million from the superstar to repay sports betting debts. The charge on Wednesday has a maximum penalty of 30 years in prison. Mizuhara also pleaded guilty to one count of subscribing to a false tax return, which…
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Gambling Addiction Hotlines Seeing Boom in Calls, With Callers Getting Younger
As legal sports betting continues to grow across the United States, gambling addiction hotlines are seeing a significantly increased frequency of calls. At the same time, the individuals that are making those calls are getting younger and younger, with young adult males becoming the most frequent callers of gambling addiction hotlines. Though it may be…
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Bettor Beware: Improperly Listed Wager Presents Additional Caution for Sports Bettors
On Sunday, the Minnesota Timberwolves and Phoenix Suns played Game 4 of their first round playoff series, and a listed live market served as a reminder to bettors to always check the fine print before wagering. FanDuel’s trending live bets tab, called “The Pulse,” listed a wager titled, “Rally The Valley: Devin Booker or Kevin…
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Isaiah Rodgers, Eagles CB, Reinstated From Sports Betting Suspension
Eagles cornerback Isaiah Rodgers has been reinstated nearly a year after being suspended indefinitely for betting on his own team. As a member of the Colts, Rodgers made hundreds of wagers, including some on his own team. None of those bets ever involved the Colts to lose. The Colts to win were part of several…
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All 5 NFL Players Reinstated After Sports Betting Suspensions Now Without Roster Spots
All five of the NFL players that have been reinstated after sports betting suspensions that lasted a full season are now without roster spots. Former Commanders defensive end Shaka Toney was released on Monday a few days after he was reinstated from a suspension for betting on the NFL. Toney joins former Lions wide receiver…
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NFL Reinstates 5 Players From Gambling Suspensions, But Not Isaiah Rodgers
The NFL has reinstated five players from gambling suspensions but declined to do so for former Colts cornerback Isaiah Rodgers, who was the only indefinitely suspended player accused of betting on his own team. The five players reinstated on Thursday were accused of betting on the NFL in some capacity — but not on games…
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Sources: Jontay Porter Operated Betting Account, Wagered Millions Over Multiple Years, Now Banned from NBA
Toronto Raptors center Jontay Porter owned and operated a VIP account at FanDuel in Colorado that wagered millions of dollars in total from 2021 to 2023, multiple sources with direct knowledge told the Action Network. One of those sources said FanDuel did not accept any wagers on the NBA or college basketball from Porter, whose…
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NBA Bans Jontay Porter for Life After He Bet on NBA, Influenced Outcome of Bets
Jontay Porter has been banned from the NBA for life a day after the Action Network reported that he had managed a VIP account with FanDuel that bet millions of dollars over three years. The league said in a statement that Porter disclosed confidential information to known sports bettors and limited his playing time in order…
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Shohei Ohtani’s Interpreter in Custody After Bank Fraud Charges
Shohei Ohtani’s former best friend and interpreter Ippei Mizuhara is in federal custody after being charged with bank fraud. Mizuhara is accused of stealing over $16 million from Ohtani’s bank account in order to pay back over $40 million in sports betting losses, a federal complaint said. The losses encompass a total of roughly 19,000…
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Leading U.S. Sportsbooks Form Responsible Online Gaming Association
A group of leading U.S. sportsbooks and gambling companies have joined forces to form the Responsible Online Gaming Association Wednesday. The ROGA will be led by Dr. Jennifer Shatley, President for the Nevada Council on Problem Gambling. The coalition consists of DraftKings, FanDuel, PENN Entertainment, Fanatics Betting and Gaming, BetMGM, bet365 and Hard Rock Digital. It…
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What Are Limits in Sports Betting?
Long-term winning in sports betting is hard enough, but there’s another tactic sportsbooks have that makes it even harder for skilled sports bettors to beat the books: limits. While it’s true that a majority of sports bettors will lose money over the long run thanks to a number of factors such as the vigorish or vig…
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ESPN’s Rece Davis Draws Criticism for “Risk-Free Investment” Comment
The sports betting and gambling industry has been dealing with a significant and predictable amount of drama recently due to the news surrounding Shohei Ohtani and his interpreter, Ippei Mizuhara, and the type of language that Rece Davis used on Sunday morning in an ESPN BET segment will only serve to cause more potential issues.…
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NCAA Tournament Bankroll Management: The Key to a Successful Event
The biggest sports betting event of the year is right around the corner, as the NCAA Tournament is right around the corner, with dozens of games set to unfold just in the first week of action. Because of the rapid and voluminous nature of the NCAA Tournament, it also represents one of the most dangerous…
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Man Stole $29,000 From Student Chocolate Fundraiser, Spent It on FanDuel & DraftKings
This is an incredibly sad story coming out of the Baltimore area on Saturday morning. According to The Baltimore Banner, the treasurer for a middle school’s parent teacher student association has admitted to stealing $29,000 from a school fundraiser in which students sold chocolate bars to raise money and spent at least part of it on…
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Bonus Bet vs. First Bet Insurance vs. Deposit Match: What Does Each Sportsbook Welcome Offer?
Sportsbooks love to make it seem like you’re getting lots of money when you sign up with their new-user promos. But what is this money, really? Is it real cash you can withdraw and spend in real life? Or is there some catch? A little bit of both. _InlineAdBlock=3 There are six main bonus types…
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Connecticut Gambling Report Highlights Problem Gambling Revenue Paradox
A Connecticut gambling report was released on Monday and looks at the impact of legalized gambling in the state. The lengthy report covered a number of topics concerning the legal gambling market, and it highlighted one key paradox within the sports betting operator world. The report mentioned how reliant the industry’s revenue is on problem…
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Problem Gambling Awareness Month: Proposed Massachusetts Budget Cuts Highlight Danger of Legalized Gambling
A budget proposal from Massachusetts Governor Maura Healey represents one of the most worrying signs for the future of legalized gambling since the Professional and Amateur Sports Protection Act was repealed in 2018. Per the Boston Globe, Healey’s $56 billion budget plan would reduce the amount of funding that has supported programs to reduce the…
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Problem Gambling Awareness: Myths & Realities About Problem Gambling
March is Problem Gambling Awareness Month, and the concept of problem gambling is often treated in a very straightforward way, but the reality of problem gambling is that it is very much not straightforward. While oftentimes educators want to offer a description or solution – or sequence to a solution – for problem gamblers, that…
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Iowa State Athletes’ Gambling Charges to Be Dropped
All charges are expected to be dismissed for four former or suspended Iowa State athletes, according to a motion filed on Friday. The prosecutor that is running the case said that the Iowa Division of Criminal Investigation superseded its powers by impermissibly using tracking software that detected whether betting apps were used at Iowa State…
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March is Problem Gambling Awareness Month
March is Problem Gambling Awareness Month, and it serves as a good reminder to acknowledge and act on one of the realities of the sports betting industry. For many, sports betting and gambling can be a recreational activity that provides entertainment and an added way to enjoy sports, but for many others, the activity can…
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Responsible Gaming: Reminder, Sportsbooks Want You to Lose
In the current sports betting landscape, you could be convinced from reading X (formerly Twitter), that sports betting is easy and you have a great chance at winning money if you engage in the practice. But if recreational sports betting is to be a greater positive than it is negative, hammering in the idea to…
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Responsible Gambling Resources & Tools
The legalization of online sports betting and casinos has been widely met with enthusiasm and fanfare. More states are pushing forward legislation that will grow the availability and prevalence of online and offline gambling in the United States. Most bettors enjoy legalized gambling without issue, but there are those who will struggle with gambling addiction.…
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Former Alabama Baseball Coach Banned From Ohio Betting After Gambling Violations
Former Alabama head baseball coach Brad Bohannon has been placed on Ohio’s involuntary exclusion list after his involvement in a betting scheme last year. Bohannon was fired from his position, fined $5,000 and given a 15-year show cause order from the NCAA after he gave insider information regarding the availability of one of his best…
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Warriors Postpone 2nd Game After Assistant Coach Dejan Milojević’s Death
The Warriors have postponed their second game since assistant coach Dejan Milojević died of a heart attack on Wednesday at the age of 46. The game vs. the Mavericks was supposed to take place on Friday night from San Francisco. The Warriors had postponed their Wednesday night game against the Jazz in Salt Lake City.…
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Massachusetts Permits DraftKings to Void Mispriced LeBron James SGP Tickets
The Massachusetts Gaming Commission ruled in a 3-2 decision on Thursday to void tickets placed on “erroneous” odds that DraftKings posted for a game between the Los Angeles Lakers vs. Denver Nuggets on Oct. 24. At the same time, the state regulators also ruled that DraftKings must provide either cash or bonus bet compensation to…
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Gambling Companies Create New Responsible Gambling Affiliate Association
The initial Responsible Gambling Affiliate Association has been created with the goal to protect consumers with an advocacy for reasonable regulation, reasonable advertising and consumer production. Six companies have joined the initial group. These include Better Collective, which owns the Action Network, as well as Catena Media, Gambling.com Group, Oddschecker Global Media, Spotlight Sports Group…
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PGA Tour Suspends Golfer Jake Staiano for 4 Bets Totaling $116.20
The PGA Tour has taken a hard stance against gambling on golf after suspending two Korn Ferry Tour players for wagering on golf events last week. The PGA Tour suspended Jake Staiano for three months and Vince India for six months after reportedly hiring a third-party investigator to find if any PGA Tour members were…
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NHL Player Shane Pinto Suspended 41 Games for Gambling
NHL player Shane Pinto has been suspended 41 games by the NHL for gambling violations, the league announced on Thursday. Pinto is the first player in NHL history to be suspended for violation of the league’s gambling policy. In its statement, the NHL announced it found no evidence Pinto had gambled on NHL games. Betting…
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Sandro Tonali Suspended for 10 Months for Illicit Sports Betting
Newcastle midfielder Sandro Tonali has officially been banned for 10 months for illicit sports betting violations. In conjunction, Tonali will have to undergo eight months of rehabilitation for what his agent said was a gambling addiction. A large portion of the violation hinges on Tonali’s wagers on football matches, including some on AC Milan while…
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Former Air Force Golf Coach Illicitly Sports Gambled, NCAA Says
A former Air Force golf coach violated the NCAA’s bylaws on sports betting, the NCAA said in a statement on Thursday. The assessment was determined by the Division I Committee on Infractions, which found that this former golf head coach — who was not identified — made $9,259 in total wagers, including six on games…
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A Full List of Problem Gambling Helpline Phone Numbers by State for Sports Bettors
At the end of most sports betting ads, there is some sped-up audio about the numbers you can call for help with problem gambling. Unfortunately, they’re read too fast to actually get the number into your phone in most cases. So we compiled a list of all the problem gambling hotlines available in each state.…
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DraftKings Receives Pushback for ‘Never Forget’ 9/11 Parlay Promotion
DraftKings created a “Never Forget” parlay promotion to commemorate 9/11 that involved three New York teams to win on Monday night. Then, amid pushback, the sportsbook promptly took the promotion down. The pre-made parlay required the Mets to beat the Diamondbacks, the Yankees to beat the Red Sox and the Jets to beat the Bills…
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Investigation Reveals Largest Documented Tennis Match Fixing Ring
On Thursday morning, the Washington Post published an investigation into the largest match-fixing ring in tennis history, the publication alleges. A Belgian man named Grigor Sargsyan orchestrated the scheme with the help of 180 professional players, all of whom were on the longer rungs of the circuit. The European operation, which was first busted in…
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September is Responsible Gaming Education Month
Here at the Action Network, we pride ourselves on advocating for building a healthy relationship with gaming. While the thrills and highs of betting on sports — or any wagering activity — can be rewarding, it’s important to remember that there are also lows. September is Responsible Gaming Education Month, and nothing is more vital…
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Virginia Math Teacher Has $214K in Winnings Revoked by BetMGM Due to ‘Error’ in Parlay Pricing
The Action Network’s Darren Rovell contributed to this report. In between teaching geometry and precalculus at West Springfield High School in Virginia, Kris Benton likes to sprinkle in some wagers on the sport he knows most: soccer. After all, West Springfield’s boy’s soccer coach knows a thing or two about footy. The math teacher —…
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LSU Enacts ‘Proactive’ Injury Reporting Policy After Recent College Betting Scandals
LSU Tigers head football coach Brian Kelly has enacted a new injury reporting policy ahead of the 2023 season. Kelly will release injury reports twice during game weeks in hopes of being transparent with the general public. “I thought it was important given the nature of what’s going on today out there relative to reporting…
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Iowa Sports Betting Scandal: Multiple Players Facing Allegations of Improper Wagering
Iowa kicker Aaron Blom and former University of Iowa basketball player Ahron Ulis have been charged with tampering with records from Iowa regulators’ investigation into college sports gambling. The news came after Iowa State starting quarterback Hunter Dekkers was charged with the same crime on Tuesday. Blom — who was underaged when the alleged bets…
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NFL Player Lost $8 Million From Gambling in 2022, According to Report
According to a report from Mike Florio of ProFootballTalk report on Wednesday morning, one NFL player lost $8 million through gambling in 2022. This adds to a number of reports in recent weeks and months regarding investigations into violations of the NFL’s gambling policy. A group of Detroit Lions players were found to have violated…
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Massachusetts Officials Hold Hearing Over Concerns Regarding Barstool’s ‘Can’t Lose Parlay’
The Massachusetts Gaming Commission held a hearing on Wednesday over responsible gaming concerns regarding Barstool Sportsbook’s now discontinued “Can’t Lose Parlay.” The commission deliberated whether the parlay’s marketing and language violated state policy. The “Can’t Lose Parlay” was a popular pre-made wager that Barstool Sportsbook had advertised tongue-in-cheek for the better part of four years…
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Will Possible New York Constitutional Amendment Clear Path For P2P Sports Wagering?
A bill filed in the New York State Assembly may be opening the legal path to a different kind of sports wagering, taking sportsbooks out of the equation. On Tuesday, New York Senator Jarrett Gandolfo filed a bill to “allow bars and restaurants to organize and manage sports squares pools, provided that they do not…
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Additional Detroit Lions Player Under Investigation for Violation of NFL Gambling Policy
The NFL is dealing with yet another potential controversy regarding betting among its players. According to a report from The Athletic, an additional Detroit Lions player who was on the roster in 2022 is under investigation for violating the NFL’s gambling policy. Four Lions players were suspended in April, with violations ranging from betting on…
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Premier League Player Ivan Toney Accused of Gambling Violations, Diagnosed With Gambling Addiction
English Premier League player Ivan Toney was accused of committing gambling violations by an Independent Regulatory Commission. In the process, Toney was also diagnosed with a gambling addiction. Toney plays for Brentford FC and is one of the most prolific attacking players in the league. He’s totaled 32 goals and nine assists over the past…
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University of Cincinnati Baseball Officials Dismissed Over ‘NCAA Infractions’
Two University of Cincinnati baseball officials have been dismissed amid potential “NCAA infractions,” the university said in a statement on Wednesday. A university review began on May 8 regarding the potential infractions, which only uncovered evidence about the baseball team. The investigation is ongoing, but assistant coach Kyle Sprague and director of operations Andy Nagel…
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Responsible Gaming: NCAA Survey Indicates Betting Risks for Young Adults, Highlights Need for Transparency
On Wednesday, the NCAA released a survey regarding sports wagering behaviors in young adults. The survey, conducted from April 18-25, tackled a number of subjects, ranging from frequency of wagering to opinions on the likelihood of succeeding when betting on sports. To read a more news-based perspective on the survey, you can refer to this…
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NCAA Survey Indicates Majority of 18- to 22-Year-Olds Have Wagered on Sports
The NCAA released results from a survey on Wednesday that indicated as many as 58% of 18-to-22-year olds have wagered on sports at least once in their lives. The organization surveyed 3,527 respondents between those age groups and covered myriad other topics. Among those include the prevalence of sports betting on college campuses. It indicated…
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Teen Charged With Fraud After Hacking Into Sports Betting Accounts, Pocketing Over $600K
Update (Friday, May 19): A DraftKings spokesperson provided the following comment on the credit stuffing charges that impacted their platform: “The safety and security of our customers’ personal and payment information is of paramount importance to DraftKings. We worked with law enforcement in catching the alleged bad actor(s), and we want to thank the Department…
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NFL Suspends 5 Players for Gambling Policy Violations: What We Know
The NFL suspended five players on Friday for violations of the league’s gambling policy, including four Detroit Lions players and one Washington Commanders player, with three of those players being suspended indefinitely and two suspended for six games. The most high-profile suspension is for Lions No. 2 wide receiver Jameson Williams, who is suspended for…
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Sports Leagues Form Coalition to Limit Sports Betting Advertisements
In a statement released on Wednesday, the Coalition For Responsible Sports Betting Advertising announced it had been formed and included the major professional sports leagues, featuring the NFL, NBA, MLB, NHL, MLS, WNBA and NASCAR. The coalition aims to promote a “responsible approach to sports betting advertising,” stating, “As the legalization of sports betting spreads…
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March is Problem Gambling Awareness Month: Resources, Statistics to Consider
While betting on sports can be a fun recreational activity, it’s important to remember and act on the considerable amount of harm that can be done through it. March is Problem Gambling Awareness Month, and led by the National Council on Problem Gaming, this is a key time to take a step back and consider…
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Responsible Gaming Tips & Principles to Consider
The term “responsible gaming” gets thrown around quite a bit. You’ll hear the term from sportsbooks and media companies, including us at Action Network. However, what does the term really mean, and how can you effectively practice responsible gaming to get the safest and most enjoyable sports betting experience? Read on for responsible gaming tips…
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Responsible Gaming: The Importance of Odds Shopping Across Sportsbooks and Ignoring Sportsbook Loyalty
With sportsbooks’ ever-increasing efforts to ensure long-term profitability and sustained success, it is more important than ever to understand the utility of odds shopping. Sportsbooks are increasingly adjusting their listed odds to improve their chance of profitability and limit what bettors can earn. They are businesses, after all. As such, odds shopping is a crucial…
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Problem Gambling: Key Factors and Important Information For Sports Bettors to Consider
Betting on sports has been done for a long time by many people, but when the Supreme Court ruled in favor of New Jersey and famously killed the Professional and Amateur Sports Protection Act (PASPA) in 2018, the legal sports betting boom began. The ruling was a big one for sports bettors who wanted easier…
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How to Ban Yourself From Sports Betting Through Self-Exclusion
Gambling can be a dangerous vice for some people– even more so because it’s now entirely electronic. You can lose money in seconds without ever getting off the couch. Sportsbooks let you set parameters around your betting, like deposit limits and cool-off periods. But those are temporary and can be easily circumvented. You can open…
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How to Set Deposit, Time & Wager Limits on Your Sportsbook Accounts
Hidden somewhere in every sportsbook interface is a way to limit your betting activity. Books give you a number of options: Deposit maximums. You won’t be able to deposit more than your set amount. Time limits. You can restrict how much time you spend per day on a sportsbook app. Betting limits. You can’t wager…
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Responsible Gambling 101: How to Gamble Responsibly and Avoid Excessive Betting
If you followed every bet that comes into your Twitter timeline, or your follow feed in The Action Network app, your head might explode. Your bankroll would also get drained very quickly. It seems like everyone else is hitting longshot parlays for $7,500, while those bets just keep eating into your bottom line. But it’s…
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Ohio Sports Betting Regulators Taking Responsible Gambling Seriously, Issue Warnings
No matter who you are or where you’re betting on sports, it’s always important to gamble responsibly. And the state of Ohio is taking responsible gambling very seriously as Ohio sports betting launches at 12 a.m. ET on Sunday, New Year’s Day. Every gambler needs to know their limits, have a plan, establish a bankroll,…
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PointsBet, National Council on Problem Gambling Announce Joint Initiative
PointsBet, an Australian-based sportsbook, and the National Council on Problem Gambling announced this week a joint research initiative that will focus on responsible gambling choices for online betting companies. This research initiative is aimed at studying how people in the gambling, healthcare, and government industries will respond to problem gambling scenarios. “With the rapid expansion…
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Responsible Gaming to Make or Break Sports Betting in United States, Panelists Say
Sports betting’s short history as a legal business in the United States will force the industry to be at the forefront of responsible gambling innovation if it wants to keep thriving in the Western Hemisphere, a panel of executives, regulators, lawmakers and lobbyists said Wednesday. “Before [legalization], if you wanted to help someone with addiction,…
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How to Handle Losing Streaks in Sports Betting
If you’re here, you probably love sports betting. The sweats, swing of emotions with every play, joyous winnings and the heartbreaking losses simply cannot be matched. It’s what got me into the industry six years ago, and I truly don’t know what I would do without it. It’s not all puppies and rainbows, though. You…
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The Hidden Ways to Find Your All-Time Profits/Losses at a Sportsbook
Sportsbooks prioritize things they want you to see. They want you to see how much is in your account now. They want to show you what games are coming up next that you can bet. What they’re not crazy about is reminding most people just how much they’ve lost at that sportsbook. They want you…
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9 Common Sports Betting Mistakes to Avoid
Sports betting isn’t easy. If it were, Vegas would go bankrupt and Average Joe bettors would all quit their day jobs and live lavishly as millionaires. Seasoned bettors know that there will always be ups and downs. The key is staying the course, remaining disciplined and steadily building your bankroll over the course of the…
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New Campaign Aims To Educate U.S. Bettors About Risks Of Offshore Sports Betting
Conscious Gaming launched its Bettor Safe education and awareness campaign Wednesday to help consumers understand the risks from illegal betting sites and the benefits of a regulated market. The campaign also launched Bettor Safe New Jersey and Bettor Safe Pennsylvania targeted toward bettors in the nation’s two largest sports betting markets by handle. Conscious Gaming…
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What Is a Rollover or Play-Through in Sports Betting?
Table of Contents 1. Rollover Definition 2. Examples 3. Different Books, Different Rules 4. Checking on Status of Rollovers Sportsbooks offer attractive deposit bonuses, which bettors should certainly take advantage of. But they often come with stipulations that you should know before signing up — most commonly called a rollover or play-through. Rollovers exist so…
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The Importance of Bankroll Management in Sports Betting
When it comes to being a successful long-term sports bettor, bankroll management can be just as important as picking winners. One of the most common mistakes new bettors can make is being reckless with their bankrolls. If they love a game, they’ll bet more on it. If not, they’ll bet less. In turn, when they’re winning…