Yet another gambler has beaten up on popular online gambling site BetOnline, this time after hitting a massive parlay over the weekend.
Gambling911.com – Sportsbook News
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Wednesday, September 30, 2015
BetOnline Players had Most Profitable Weekend in Company’s History
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America’s Number One…in Gambling Losses
Specifically, there’s long been a belief that Australians are the biggest gamblers in the world and that at least one Asian-Pacific country, usually China, is in a not-too-distant second place.
As it turns out, those stereotypes aren’t necessarily supported by actual facts. According to a new report from The Economist, the biggest gamblers (at least in terms of losses) are the Americans. Americans rack up around $ 142 billion worth of losses in all forms of gambling every year.
It’s worth noting that the report included all forms of gambling, including state lotteries. Currently, 47 US States have lotteries and some form of gambling is legal in every state but Hawaii and Utah.
So what about the stereotype that Asians like to gamble?
Well, that one seems to at least partially based in fact. China and Japan occupy the number two and three spots on the list with losses pegged at $ 95 billion and $ 30 billion respectively.
The magazine does note that recent corruption crackdowns in Mainland China and Macau have had a huge impact on the gambling industry which, of course, makes its money on gambling losses.
If you were surprised to find Australia ranked number six on the list, you just need to parse out the numbers a little bit. Aussies have the highest losses per person. That means every Australian adult loses about $ 1,130 a year on pokies, sports wagering and other forms of gambling.
The report is a must-read for anyone in the gambling business who is trying to figure out exactly who is supporting the $ 488 billion worldwide industry and where exactly all those losers (on the tables!) live.
The post America’s Number One…in Gambling Losses appeared first on .
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Monday, September 28, 2015
Hackers Focus DDoS Attacks on Online Gambling Sites
Even worse, these DDoS attacks are incredibly cheap to mount, making them a problem the industry will be dealing with more and more in the years to come.
Though many (maybe even most) DDoS attacks on online gambling sites go unreported, some data is available and was recently published in infograph form by GoldSecurity.com, an internet security firm.
Gold Security outlines how hackers rent botnets, programs that are used to flood an online gambling site’s servers with phony service requests, for just $ 40 an hour. If executed in the lead up ahead of a major sporting event, like a Premier League or NFL game, the resulting lost business can cost site operators tens of thousands of dollars an hour.
The firm’s report also suggests that these attacks are far more common than you might suspect. By their calculations, a full 90% of gambling industry sites will be hit by DDoS attacks in the next year. About half of those attacks will be launched by industry rivals and almost none of the culprits will be caught.
What makes modern DDoS especially insidious is that they are frequently launched intermittently. That means they hit just long enough to cause a disruption, leaving frustrated site administrators scrambling for answers to a problem that’s suddenly cleared up.
Some hackers attack online gambling sites for fun, while others focus on profit. Golden Security reports on several cases where the hackers asked for relatively small payouts of only a couple thousand dollars…paid out in relatively untraceable Bitcoin. (Though it’s safe to say that plenty more sites have paid off hackers in private.)
In short, DDos attacks on online gambling sites are a potential drag on revenue that almost every operator is going to be dealing with sooner or later.
The post Hackers Focus DDoS Attacks on Online Gambling Sites appeared first on .
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Sunday, September 27, 2015
Learn How to Make Money as a Bookie – Download Free eBook
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Saturday, September 26, 2015
Premier Per Head Unique Prop Bet Offerings
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Wynn Pulls Out of New Jersey Online Gambling Market
The influential casino company, and its enigmatic leader Steve Wynn, were fairly quiet about what’s behind the withdrawal. In a letter to New Jersey Division of Gambling Enforcement (DGE) head, David Rebuck, Wynn attorneys said only:
At this time, Wynn does not wish to proceed with its application. Therefore, kindly accept this correspondence as a formal request to withdraw such application.
The DGE responded with a terse, legalistic note of its own saying:
[S]ubject to one condition, Wynn [will] be permitted to withdraw its application for initial licensure as a CSIE [Casino Service Industry Enterprise]; and the Director of the Division having considered his matter; It is ordered that the application of Wynn for initial licensure as a CSIE is withdrawn, subject to the condition that Wynn is financially responsible for the payment of any fees that remain due and owing to the Division.
It’s unlikely that Wynn is going to mind covering those licensing fees at this late juncture. After all, the company has already invested three year’s worth of legal work on the application process already. The bigger question now is, “Why did Wynn pull out?”
Though the company hasn’t made much in the way of official comments, gaming industry pundits are happily speculating on the situation.
One of the most popular, and likely, theories is that Steve Wynn was never really sold on New Jersey; online gambling; and especially wasn’t sold on New Jersey online gambling. The mega-successful casino magnate hasn’t had anything to do with NJ for years and has always been a bit reluctant to dip his toes in the igaming world anyways.
Though Wynn isn’t the largest gaming company in the United States, its departure marks another blow to an already beleaguered New Jersey gaming market.
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Friday, September 25, 2015
New York Times: Daily Fantasy Sports and Hidden Costs of Weird U.S. Gambling Laws
The New York Times on Thursday discusses how some odd piece of legislation, the Unlawful Internet Gaming Enforcement Act, has helped to facility today’s boom in Daily Fantasy Sports, the very activity it was likely trying to prevent.
Gambling911.com – Sportsbook News
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Thursday, September 24, 2015
Bookies Behaving Badly Part 6: Mark Del Popolo, Attorney at Flaw
He was a lawyer who thought he was above the law. In reality, though, he was an early e-scamster who gave both bookmaking and bunco a bad name.
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Roger Goodell Explains Why Daily Fantasy Sports Are Not Gambling
In a recently unsealed 2012 deposition from the state of New Jersey’s bid to legalize sports betting, as reported on by ESPN.com, the Commissioner made clear his stance on daily fantasy sports:
We don’t look at fantasy sports as gambling
In Goodell’s eyes, actual gambling on sports must include prize, chance and consideration. (All three of which one could argue are found in DFS.)
The controversial head of the NFL went on to say that while he worries legalized sports betting would tarnish the image of the game, he doesn’t see DFS through that same lens saying:
Fantasy football’s not based on the outcome of a game it’s based on the performance of individuals that they select.
While Goodell seems to think he won’t have any problems with players shaving yards or missing passes to impact the outcome of a fantasy tournament, he doesn’t seem to be taking any chances either. Current NFL policies prevent players from winning more than $ 250 in a fantasy tournament of any kind. (When pressed during the deposition, Goodell could not explain why the league settled on the $ 250 limit.)
The NFL is hardly the only sports league that’s keeping an eye on how its players handle the booming daily fantasy sports market.
College football’s governing body, the NCAA, has announced it will institute a one-year ban on players found to be gambling, including those who play daily fantasy sports.
As DFS grows, it seems to be stretching the definition of gambling just enough for sports leagues to justify making money off it. It seems safe to say that by this time next year, most DFS sites will operating under more regulation and a lot more scrutiny.
The post Roger Goodell Explains Why Daily Fantasy Sports Are Not Gambling appeared first on .
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Wednesday, September 23, 2015
Premier Per Head Brings You Thousands of Betting Lines Each Week
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Tuesday, September 22, 2015
Daily Fantasy Sports Continue Non-Stop Advertising Blitz
With all that cash floating around daily fantasy sports sites are getting their names out in front of the public, but they’re also running a serious risk of overexposure.
Oh, and there’s also uncomfortable question about when these sites will start producing revenue and how long their free ride from lawmakers will last?
Both DraftKings and Fan Duel are awash with investor cash and are desperate to harvest new players for their sites. The entry fees these players pay help fund tournament prizes will leaving about 10% for profit.
That’s a great business model so long as you have players actually funding the tournament prizes.
Consequently, both companies are willing to invest a fortune in player acquisition costs. That’s why sponsorship deals like the ones they’ve inked with the NFL and ESPN are so important, and so large.
According to a recent report in the Washington Post, DraftKings is now the biggest spender on NFL advertising, surpassing longtime leaders like Budweiser.
While the DFS industry is making its big push to to the American public, it’s also combating a growing number of critics who don’t think DFS is more like traditional sports betting than its proponents would care to admit.
One particularly vocal critic is Congressman Frank Pallone Jr. (D-NJ).
Pallone, who has been fighting hard to legalize sports betting in his home state, says daily fantasy sports are treading murky legal waters saying:
Despite how mainstream these sites have become, though, the legal landscape governing these activities remains murky and should be reviewed.
He’s hardly alone. Lawmakers in several states, including California, are reviewing the legal status of DFS sites.
In short, daily fantasy sports is burning hot today, but there’s no telling when the industry will come flaming back to earth.
The post Daily Fantasy Sports Continue Non-Stop Advertising Blitz appeared first on .
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Monday, September 21, 2015
What Pay Per Head Offers Live In-Play Betting on NFL
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Sunday, September 20, 2015
Turnkey Pay Per Head Solutions
The NFL and College Football are finally here and bookies will be seeking out the very best in turnkey Pay Per Head solutions in the industry.
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Saturday, September 19, 2015
Pay Per Head NFL 2015 Week 1 Betting Lines
RealBookies.com has released its Pay Per Head NFL 2015 Week 1 betting lineswith customization available for all customers based on required needs. The below lines will serve as a base only.
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Friday, September 18, 2015
Do Pay Per Head Businesses Offer NFL Player Props?
The top Pay Per Head businesses will always offer NFL player props, some featuring larger options than others.
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Premier League Wagering Worth $1 Billion, Each Game
All those wagers are producing a mountain of revenue for bookmakers and sports betting affiliates, as well as some serious questions from industry watch dog groups like the International Centre for Sport Security.
The Quatar-based group recently told a French newspaper that the problem isn’t simply the amount of money spent on Premier League wagering, it’s the amount of money spent on illegal sports wagering.
In an interview with Agence France Presse, as reported on by Calvinyre.com, the group’s executive director Chris Eaton elaborated on exactly how huge that black market has become:
The global sports betting economy is four times larger than the sports economy itself. And none of that, in and of itself, is an issue. A transparent, strictly monitored, well-regulated betting economy poses little threat to the integrity of sport. However, our current system is the opposite: opaque, ignored and far from well-regulated.
Eaton goes on to say that approximately 80% of all Premier League wagering is done through illegal channels. Not only does that rob tax dollars from national coffers, it also creates incentives for game fixing and other illegal activities.
In Eaton’s view, there’s only way to keep Premier League wagering on the up and up; legalization saying:
A bet on a strong international regulatory system for legalized betting is guaranteed to ensure the integrity, transparency and fairness of the sport. That’s the only sure winner.
Whether world governments, especially in Asia where much of the off-the-books Premier League wagering originates, will listen.
The post Premier League Wagering Worth $ 1 Billion, Each Game appeared first on .
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Thursday, September 17, 2015
AceSportsbook.com Debuts New Look Website and No Juice Thursday
Our friends at AceSportsbook.com, a proud Gambling911.com –endorsed online sportsbook for the past three years now, have introduced a new look website ahead of this week’s football games.
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Wednesday, September 16, 2015
Premier Pay Per Head Sites Customer Service Leads the Way
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PokerStars’ New Jersey Debut Set for October
Though there’s no confirmed launch date, sources in the know (including CalvinAyre.com and OnlinePokerReport.com) suggest that PokerStars could receive its Jersey gaming license and be completely operational as soon as October 20.
At least one industry analyst, Chad Benyon of SVP Equity, says PokerStars could be granted a license within 20 days. Once they’ve got their New Jersey gaming license in hand, the Amaya Gaming owned operation could be up and running within weeks.
The mere fact that PokerStars has made it this far in the licensing process speaks volumes about Amaya Gaming and the job they’ve done turning around the once-maligned online poker site’s reputation.
Remember, barely two years ago, New Jersey regulators pushed PokerStars out of the market entirely by suspending their license application. At the time, American gaming interests were still pretty hot under the collar about PokerStars’ role in bringing down the US-facing industry in 2011.
Though it hasn’t been cheap, Amaya (who did not own PokerStars in 2011) paid out millions to settle outstanding claims from Black Friday-burned players and soothe American regulators. With a license withing striking distance, the company is definitely a force to be reckoned with on the international and US igaming market.
PokerStars presence on the New Jersey scene is good news for everyone in the US-facing industry. Not only will they bring new players to the market, they should also generate lots of attention with what is expected to be a massive marketing campaign.
In short, New Jersey’s decision to bring back PokerStars is probably going to be looked back on as a very smart move.
The post PokerStars’ New Jersey Debut Set for October appeared first on .
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Tuesday, September 15, 2015
Congressman May Want to Stick It to Leagues With Daily Fantasy Sports Study
So finally Congress has decided to act on the explosive world of Daily Fantasy Sports, though most experts agree they are probably a bit too late to act.
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Monday, September 14, 2015
Local Bookies Get Slaughtered With Week 1 NFL, Online Sites Feel Pinch
While the online sportsbooks and Pay Per Heads can get by these days by offering such loss leaders as online casinos and live in-progress betting, the local bookies tend to be less fortunate when a series of big games go down in favor of the public.
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Sunday, September 13, 2015
Vanity Fair Includes Men Behind DraftKings and FanDuel in ‘New Establishment 2015’
Vanity Fair on Thursday featured a piece profiling the men behind Daily Fantasy Sports biggest sites, DraftKings and FanDuel: Nigel Eccles and Jason Robins.
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Saturday, September 12, 2015
Pay Per Head for Dummies
Gamblilng911.com looks at the benefits of using a Pay Per Head this football season and year round for that matter.
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ESPN Boosts US Sports Betting Coverage
Last week, the sports media giant quietly began announcing college football point spread betting news as part of its regular Saturday College Football Gameday coverage.
To Europeans and Australians, the move must seem tame to the point of absurdity, after all, their airwaves have been inundated with sports betting coverage for years.
For Americans, however, the move is a seismic shift that suggests a serious softening towards an activity that’s every bit as popular as it is illegal.
For its part, ESPN seemed to make the shift in sports betting gear as quietly as possible. The network refused to provide anyone for an interview on the subject with USA Today, though they did release a short statement explaining their actions saying:
We recognize that fans are increasingly interested in this conversation and that millions engage in legal sports betting. Our coverage has mirrored that larger trend in recent years and this is another step…Our mission is to serve fans and we believe this is consistent with that.
While rolling point spreads and Cover Alrert! graphics may be popular with college football fans, they’re a big concern for college football big wigs like SEC Commissioner Greg Sankey who told USA Today:
There is an existing concern about the inexorable march toward gambling being more and more central to sport. It has clearly gotten more momentum based on messaging out of the NBA last year. We have to be mindful of the realities of the culture developing around us.
While Sankey and his peers may be concerned about the march towards a more reasonable attitude towards sports betting, they probably won’t be able to convince ESPN to dial it down a few notches.
ESPN is literally a cash cow that produces tens of millions of dollars in revenue for big league schools. Last year their deal with the power five conferences pulled in $ 50 million in revenue for the SEC, Big 12, Big 10, Pac 12 and ACC.
It should come as no surprise that ESPN’s shifting attitude is fueled, in part, by the explosive growth of daily fantasy sports sites like DraftKings and Fan Duel. Their rapid ascension, and obvious connection to gambling, have clearly changed the way Americans, and the media companies that serve them, view sports betting.
The post ESPN Boosts US Sports Betting Coverage appeared first on .
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Friday, September 11, 2015
New DFS911.com Series ‘Daily Fantasy F***ed’ to Focus on Seedy Side of Sector
You’ve asked for it and DFS911.com in conjunction with sister site Gambling911.com have heard you loud and clear. Introducing “Daily Fantasy F***ed”, a new series of articles that will focus on the seedy side of the Daily Fantasy Sports world.
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Thursday, September 10, 2015
Rochester Man Sentenced for Running Illegal Gambling Biz Tied to Hockey Player
A Rochester businessman convicted of running an illegal gambling operation that involved a professional hockey player has been sentenced.
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ESports Betting…Could it Really Be a $1.8 Billion Business?
The aptly titled report suggest that this year alone, esports betting will generate revenue of around $ 24 million from 2.3 million players off of $ 315 million in wagers.
Eilers goes on to say that the industry is poised for nothing short of explosive growth over the next five years. They’re predicting that eSports betting will balloon to $ 1.8 billion in revenue on $ 23.5 billion in wagers from 19.4 million players by the end of 2020.
Casino affiliates who aren’t familiar with the eSports world might find these numbers a bit on the optimistic side, but for anyone who’s familiar with games like League of Legends and Starcraft, they’re not so far fetched.
According to a variety of sources, including GeekWire.com, audiences for eSports events compare to or, in some cases, exceed those of other major sporting events. For example, Monday Night Football’s average US audience comes in at around 13.3 million viewers. The League of Legends 2014 final clocked in at around 27 million viewers.
Even better for anyone looking to make a few bucks on eSports betting, the audiences at these events are comprised mainly of males in their twenties and thirties, a prime spending demographic.
That said, affiliates and operators should not that not all eSports betting is for cash. In many cases, players win in-game prizes (like new weapons) instead of traditional cash.
The potential eSports betting boom has already grabbed the attention of traditional bookmakers like William Hill and Paddy Power are expected to get in on the market withing the next couple of years.
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Wednesday, September 9, 2015
Daily Fantasy Sports Football Championship to Reward $150K With Just $2 Entry
The leading white label software provider for Daily Fantasy Sports operators has just announced its inaugural $ 150,000 online Fantasy Football Championship for 2015.
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Tuesday, September 8, 2015
Betfair, Paddy Power Reach Agreement on 6 billion Pound Tie-Up
Betfair (BETF.L) and Irish rival Paddy Power (PLSA.I) have reached agreement on a 6 billion pound combination, first set out last month and designed to secure leadership of Britain's competitive online gambling market.
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Monday, September 7, 2015
Another Daily Fantasy Sports Site Going Under: Swagger Stadium Not Paying
Gambling911.com is receiving reports that another Daily Fantasy Sports site, Swagger Stadium, is having difficulty paying customers while support is nonexistent.
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Sunday, September 6, 2015
24-7 Pay Per Head: And Not Just Online
Daily Fantasy Sports Review: August 2015
Across the industry DFS operators are pouring tons of cash into marketing and promotions in an effort to snare new players and secure market share.
This market is a perfect fit for casino affiliates who are looking for new revenue streams that work on familiar concepts and a business that’s only going to keep growing. Here are a few pieces of DFS news that prove how big this vertical is getting.
DraftKings’ Massive Ad Buy
DraftKings and Fan Duel are locked in a struggle over who will dominate the American market and advertising is their weapon of choice.
To that end, DraftKings has been dropping advertising cash like a drunken sailor as it gears up for the crucial NFL season.
How fast is the DFS site burning through ad money? In the past seven days they’ve spent a little over $ 15 million on television advertising alone.
The $ 15 million in TV money is in addition to the $ 250 million the company dropped in an exclusive advertising deal with ESPN. Under the terms of that contract, other daily fantasy sports sites will be barred from advertising on the influential network.
Fortunately, DraftKings is well funded after receiving more than $ 300 million in venture capital earlier this year.
How About That Sweet Stadium Lounge?
DraftKings has done an incredible job of convincing the NFL that fantasy sports are different from sports betting and for that they should be commended.
They’ve done such a good job, in fact, that three NFL teams will be hosting DraftKings-branded lounges in their stadiums this season.
Starting in the first week of September, NFL fans in multiple cities will be able to check their fantasy stats, in the stadium, during the game, at lavishly appointed DraftKings lounges. The lounges are part of a much larger NFL sponsorship deal
The NFL does, however, ask that players rely exclusively on skill when setting their lineups so that chance does not come into play.
Now Hooters is in on the Action
Acquiring new customers is a whole lot easier if you happen to know where your customers actually hang out.
In the case of fantasy sports players, DraftKings has made the logical assumption that they can be found at their local Hooters.
To that end, the company is sponsoring the Hooter Fantasy Football Challenge which will be handing out over $ 50,000 in cash prizes every week during the season. Participants in the challenge will be going head-to-head against ESPN on-air personalities, including analyst and former NFL coach, John Gruden.
In terms of synergistic relationships, the hot-wings-hot-babes-and-football combination is pretty tough to beat.
The post Daily Fantasy Sports Review: August 2015 appeared first on .
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Saturday, September 5, 2015
PayPerHead.com’s 13 Weeks Free Promo – No Gimmicks
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Friday, September 4, 2015
Bookies Behaving Badly Part 5: Shill Edition
When it comes to bookies behaving badly, few were as slimy or sleazy as the one nicknamed "The Shill"–Steve Schillinger.
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Michigan Gambling Regulators Call Daily Fantasy Sports ‘Illegal’
Michigan Gaming Control Board (MGCB) executive director Rick Kalm made the comments earlier this week, according to a report on LegalSports.com.
Kalm’s comments come as Michigan, and other US States, grapple with the legality daily fantasy sports. At the core of the issue is the battle over whether DFS is a game of chance or a game of skill.
Michigan also happens to be one of a handful of states where the threshold for legal versus illegal gambling hinges on the outcome/prizes, rather than the cost of entry. (Other states that fall into that category include Delaware, Kansas, Ohio, Wisconsin, Washington, and Vermont.)
So far, Kalm’s statements haven’t had an impact on Michigan residents’ ability to access daily fantasy sports sites.
If Michigan regulators decide DFS are illegal, it could set up some awkward moments for fans attending Michigan-based pro-sporting events. After all, all four of Detroit’s professional sports teams have signed sponsorship deals with either Fan Duel or DraftKings.
The Michigan case points out the challenges gaming regulators and lawmakers are having (and have always had) keeping up with new technologies and innovations from the igaming industry.
Most states do, in fact, allow exemptions to sports betting laws for traditional fantasy sports, but very have taken steps to clarify where daily fantasy sports, and their large prize pools, fit into the picture.
What happens in Michigan could serve as a template for states across the US as they figure out exactly how to regulate daily fantasy sports.
The post Michigan Gambling Regulators Call Daily Fantasy Sports ‘Illegal’ appeared first on .
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Thursday, September 3, 2015
Wednesday, September 2, 2015
Premier Per Head Makes it Easy to Switch
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PokerStars’ VIP Players Hate New VIP Reward Program
Across online poker forums, players derided the new plan as a blatant, “money grab,” that’s made actually earning rewards excessively difficult. PokerStars officials, on the other hand, are defending the VIP program – which is still in beta testing – saying that recent changes to the plan were not designed to discourage progress.
At the heart of the disagreement is PokerStars’ VIP Steps plan which only doles out rewards when a player hits a certain goal. Under the old plan, players received prorated frequent player rewards as they made their way up the rewards ladder.
The new Pokerstars’ reward program lets players know exactly how close they are to achieving their targeted goals with a progress bar at the bottom of their screen. If a player fails to meet his or her targeted goals by the end of the month, they receive only a 50% payout.
Not surprisingly, the new plan is not a hit with players who say the new plan is all about preventing rewards, rather than doling them out.
PokerStars has responded with a rather defense of the plan saying that the system should, “…improve player engagement with the VIP rewards.” But if the players the system is designed to serve don’t see it that way, PokerStars could have a tough time hanging on to its most valuable players.
VIP Steps is currently under beta testing and slated for a full UK roll out some time in the month of October.
The post PokerStars’ VIP Players Hate New VIP Reward Program appeared first on .
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Tuesday, September 1, 2015
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