betting

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Supreme Court Says All States Can Now Allow Sports Betting

A 1992 law had banned states from allowing it

(Newser) - Sports betting—legally—is about to get a lot easier after a Supreme Court decision Monday. Since 1992, a federal law has required states other than Nevada to ban gambling on sports; Nevada was grandfathered in at the time and has since had a monopoly on legal sports betting. But...

Texas Woman's Winning Derby Bet Is 'Unheard Of'

Margaret Reid called 5 races in a row

(Newser) - Justify's owners walked away with $1.43 million after the colt won the Kentucky Derby on Saturday, reports the AP . A woman in Austin, Texas, who picked him to win ended up with just a hair less—$1.2 million. Her incredible bet cost her just $18 and involved...

Queen's Horses Have Brought in Almost $9M

They have a 16% win percentage over 30 years

(Newser) - In horse racing, a bet on one of Queen Elizabeth II's horses is about as safe a bet as you can make. That's because the queen's steeds have raked in $8.9 million in winnings since 1988, with 451 victories in 2,815 runs for a 16%...

Ohio, Illinois Govs' World Series Bet: Beer ... Mustard?

Pizza for Bruce Rauner, 'fan favorites' like ballpark mustard for John Kasich

(Newser) - The governors of Illinois and Ohio have bet each other cases of beer, pizza, and other ballpark favorites ahead of the World Series contest between the Cubs and the Indians. In a Monday tweet , Republican Illinois Gov. Bruce Rauner wagered an extra-large Chicago-style deep-dish pizza and a case of microbrew...

Someone Just Made a Record-Setting Bet on Clinton

Woman places $615K bet on Clinton to win the election

(Newser) - Well, someone out there is very confident of a Hillary Clinton victory this November. Time reports a 46-year-old woman just placed a $615,862 bet on Clinton to win the election. British bookmaker William Hill says it's the biggest bet ever placed on a US presidential election. William Hill...

$100 Bet on Syracuse Win Could Pay $100K

Wager was placed when no one thought the Orange had a chance

(Newser) - In an incredible run that SB Nation says "doesn't make sense" and Sports Illustrated labels "improbable," Syracuse beat No. 1 seed Virginia 68-62 on Sunday, the AP reports—making the Orange the first No. 10 seed to make it to the Final Four. And one bettor...

ESPN: We've Got Proof Pete Rose Bet as Player

'Outside the Lines' says pages from notebook show 'extensive' betting in '86

(Newser) - For more than 25 years, a notebook seized from the home of one of Pete Rose's ex-associates in a mail-fraud investigation has been locked down by court order, most recently in the National Archives' New York office. But ESPN's Outside the Lines has reportedly obtained pages from that...

15 Years Later, Crazy Bet on Grandson Worth $200K

Little Harry Wilson grew up to be a pro soccer player

(Newser) - Like a good return on your investment? Try betting that a toddler will become a professional athlete—a gamble that turned $80 into roughly $202,000 for a grandfather in Wales, the BBC reports. Peter Edwards, 62, made the bet on grandson Harry Wilson nearly 17 years ago and just...

Hot British Betting Topic: Archbishop of Canterbury?

New pick asks gamblers who made money on him to donate it to charity

(Newser) - The man picked to be the next archbishop of Canterbury has made a public plea, but it's not exactly on a churchly topic. Justin Welby took to Twitter to ask everyone who made money gambling that he'd be the new archbishop to donate the winnings to their local...

Crazy Cardinals Wager Wins Man $375K

Anonymous bettor shrugged off 999-1 odds

(Newser) - Think the Cardinals were a longshot to win the World Series last night? One man who didn't mind 999-1 odds in September made two $250 wagers—and won $375,000, Yahoo Sports reports. His bet for the conference series won him $125,000, and his World Series wager turned...

Why Gamblers Can't Walk Away
 Why Gamblers Can't Walk Away 

Why Gamblers Can't Walk Away

A near miss gives that winning feeling, study finds

(Newser) - Scientists have unlocked a key to obsessive gambling—the lure of the near miss. In search of the reason gamblers keep playing even after strings of horrible losses, Cambridge University researchers examined the brains of gamblers. They found that a near miss—putting a bet on a horse that finished...

Chuck Todd Chickens Out on Goatee Bet

Dodger-loving reporter donates to charity rather than shaving

(Newser) - Chuck Todd isn’t shaving off his goatee, despite having lost a baseball bet to Jake Tapper. The NBC talking head has taken the coward’s way out and will donate to charity instead. Todd was supposed to shed his trademark goatee if the Dodgers lost the NLCS; had they...

Maybe Sports Betting Can Save Newspapers
Maybe Sports Betting
Can Save Newspapers
maureen dowd

Maybe Sports Betting Can Save Newspapers

Desperate times require desperate solutions, some say

(Newser) - With newspapers sinking deeper into trouble by the day, Maureen Dowd explores the idea of saving the day with a little vice. Specifically, allowing papers to rake in money by setting up online sports betting on their websites. Dowd herself isn't pushing it, but she has fun kicking it around...

Blocked From White House, Shaq Loses Bet

Guessed he could get in just by turning up

(Newser) - Shaquille O’Neal bet a friend he’d be let in the White House if he simply showed up—and he lost the wager, the Washington Post reports. “The rule was I couldn't use any of my political connections," Shaq said. "Couldn't show a badge. I couldn't...

Palin 2012 Odds See a Sharp Rebound
Palin 2012
Odds See a Sharp Rebound
OPINION

Palin 2012 Odds See a Sharp Rebound

Betting suggests gamblers believe Palin can go the distance

(Newser) - Gamblers were rushing to place online bets as soon as they got wind of Sarah Palin's resignation, Keith Thomson writes at the Huffington Post. The odds of her winning the nomination in 2012 shot up sharply the day of the resignation. They then shortened amid a surge in betting as...

Terminally Ill Man Picks a Winner: Himself

At 50-1 odds, British cancer patient has won $16K betting he'll live

(Newser) - A terminally ill British man collected about $8,200 today after betting he’d stay alive, the BBC reports. After being diagnosed with asbestos-related cancer in 2006 and told he had just months left, 59-year-old Jon Matthews made £100 bets he’d stick around until June 1, 2008, and...

You, Too, Can Pick a Winner
 You, Too, Can 
 Pick a Winner 
kentucky derby

You, Too, Can Pick a Winner

All you need is a buck and 3 key stats

(Newser) - Put down that mint julep: The Kentucky Derby is tomorrow, and you still don’t have a horse to bet on. But you do have a prayer, because Christina Settimi of Forbes, with help from horse racing expert Dean Keppler, outlines a winning strategy. With $118 million wagered, novices have...

Super Bowl Inspires Super Wacky Wagers

How much do you want to bet Bruce sings Born to Run ?

(Newser) - Propositions, or "prop bets," can add some spice to a Super Bowl blowout even as they leave oddsmakers shaking their heads. "They're a pain in the ass," a Las Vegas bookmaker tells ESPN the Magazine. "But it keeps non-fans interested for the entire game."...

Don't Want to Bet on the Super Bowl? Bet on Jennifer

Internet offers wagering on how long it'll take her to sing anthem, and other odd stuff

(Newser) - Want to gamble on the Super Bowl, but know nothing about football? No problem: You can place your bets for how long it will take Jennifer Hudson to sing the national anthem Sunday instead, TMZ reports. Sites like BetUS.com have all sorts of options that have little to do...

China Test-Runs 'Immoral' Horse Betting
China Test-Runs 'Immoral' Horse Betting 
glossies

China Test-Runs 'Immoral' Horse Betting

Horse racing returns to mainland for first time since Communist victory

(Newser) - China is taking slow and cautious steps towards unlocking its huge betting market, the Economist reports. Gamblers at a Wuhan racecourse recently became the first people allowed to try their luck on the horses since the Communists outlawed gambling in 1949—although a winning pick only rewarded customers 20 lottery...

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