The Associated Press contributed to this report.
“Everything should be for the fans,” Rose said Tuesday before a preview party celebrating Saturday’s opening of a special exhibit in his honor at the Cincinnati Reds Hall of Fame. He couldn’t say whether he thought the current exhibit represented a softening of baseball’s stance regarding his ban.
© 2007 CBS Interactive Inc. The new exhibit includes more that 300 items from the career of Rose, who finished playing in 1986 with an all-time high 4,256 hits. “If they retired my number here, don’t you think the fans would be elated?
Wednesday’s revelation of nightly wagering comes after Rose said his fans would likely be “elated” if Major League Baseball reinstated him after his 18 years of exile.
Displayed at the news conference were the bat Rose used and the ball he hit when he stroked hit 4,192 to pass Ty Cobb and set the career hit record.
“I’m just happy having three stories of balls. My name’s synonymous with baseball.”
Pete Rose told ESPN Wednesday that he bet on the Reds “every night” while he was manager of the team in the late 1980s.
“I bet on my team every night,” he told ESPN’s Dan Patrick. “I didn’t bet on my team four nights a week. That’s a lot of balls,” said Rose, who spent almost three more seasons as Cincinnati’s manager before the league banned him in 1989 for betting on baseball.. 14. In his autobiography, published in 2004, Rose revealed that he wagered many times a week while managing. “They wouldn’t let me be on the field for the last game here (at Cinergy Field, the Reds’ previous home). All Rights Reserved. “They could send a hit man after me, and I would still be out there trying to sell baseball. They wouldn’t let me go to the last game in Philadelphia (at Veterans Stadium) either.”
“You want to check and make sure there’s no cork in that bat?” he joked.
The confession wasn’t Rose’s first, reports CBS News chief investigative correspondent Armen Keteyian. His total is reflected at the Reds’ Hall in a three-story high wall of baseballs — one for each hit.
While much of his memorabilia has found its way into baseball’s Hall of Fame, Rose remains on the outside, looking in — ineligible for induction into Cooperstown or any activities involving the game, adds Keteyian.
“I want to thank baseball for giving the permission to do this,” he said about the exhibit. I was wrong.”
Several Rose-related artifacts have been on display at the Reds Hall of Fame since it debuted in 2004, a year after Great American Ball Park opened. This material may not be published, broadcast, rewritten, or redistributed. MLB did include him in two events — 1999′s All-Century Team and 2002′s 30 Memorable Moments — that were sponsored by a credit card company. Today, he admitted his gambling addiction was daily.
In 1989, Rose, baseball’s all-time hit leader, accepted a lifetime ban from baseball for gambling, only to spend the next 15 years heatedly denying — at every opportunity — he bet on game he played with equal passion.
Because of the ban, Rose is not allowed to be involved in most on-field activities, which has prevented the Reds from retiring his uniform No
“This is a very difficult day for our team,” head coach Les Miles said. We will do what we can as coaches, teammates, and friends to get him on a path where he can have success. In addition to winning the Chuck Bednarik Award, given to the top defensive player, he came in fifth in Heisman voting with 34 first-place votes and was the only defensive player among 10 finalists.. Honey badgers are known to scrap with animals many times their size, including lions, and even tangle (successfully) with poisonous snakes.
According to LSU, the Columbus, Ohio, native who attended high school in New Orleans, has registered 133 tackles – 16 for a loss – in 26 games for the Tigers. He also has four picks, 11 forced fumbles and eight fumble recoveries, as well as four touchdowns, two on punt returns and two on fumble returns.
Said the Dallas Cowboys’ Morris Claiborne, a former teammate of Mathieu’s: “Tyrann deserved the nickname … “We lose a quality person, teammate and contributor to the program. because the honey badger takes what it wants, and Tyrann takes what he wants on the field,” ESPN reported today in a profile.
The team, which played in last year’s national college football championship game, announced this afternoon that their top player and arguably the nation’s best cornerback, Tyrann Mathieu, has been dismissed for violating team policy.
Miles added, “It’s hard because we all love Tyrann. We are going to miss him.”
The sports network had to add an editor’s note, saying, “This story was published prior to Tyrann Mathieu’s dismissal from LSU’s football program on August 10.”
LSU did not say which team rule Mathieu broke. The 20-year-old All-American ran into trouble last year when he and two other players violated the team’s drug policy. However, with that being said, we have a standard that our players are held to and when that standard is not met, there are consequences.”
The 5-foot-9, 175-pound Mathieu got his nickname for his fearlessness on the gridiron. ESPN reported at the time that the trio tested positive for synthetic marijuana.
Mathieu and the others were suspended for their team’s game against Auburn.
It’s been said that Honey Badger don’t care, but what may be more accurate is that Honey Badger don’t play – at least not for the LSU Tigers.
Despite missing the game, Mathieu was still a finalist for the Heisman Trophy, awarded to college football’s best player, as a sophomore
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He will likely appeal in federal court.
“No player should have to go through what I have been dealing with, and I am exhausting all options to ensure not only that I get justice, but that players’ contracts and rights are protected through the next round of bargaining, and that the MLB investigation and arbitration process cannot be used against others in the future the way it is currently being used to unjustly punish me,” Rodriguez said in a statement.
“The number of games sadly comes as no surprise, as the deck has been stacked against me from day one,” said Rodriguez, who has struggled with hip injuries in recent years.
Rodriguez, one of 14 players suspended in the Biogenesis scandal, was the only one who appealed his suspension. The 162-game suspension — which is the most severe punishment in baseball history for doping — highlights baseball Commissioner Bud Selig’s recent high-profile crackdown on performance-enhancing drugs. Though he was suspended in August, Rodriguez played out the 2013 season because of the appeal.
Story highlights The New York Yankees say they “respect” the decision Alex Rodriguez suspended for 2014 regular season and postseasonDecision will cost slugger $25 million Rodriguez plans to appeal
An arbitrator Saturday upheld most of New York Yankees slugger Alex Rodriguez’s 211-game doping suspension, keeping him out of the 162-game 2014 regular season and the postseason.
The former Seattle Mariner, Texas Ranger and now New York Yankee player then took a swipe at Selig, whom he has claimed in the past had an unjustified vendetta against him.
When the suspension ends in 2015, Rodriguez will be owed $61 million in a contract that runs through 2017.
Major League Baseball did not release details of the arbitrator’s decision, which the players union said it “strongly disagrees” with.
Rodriguez, 38, is fifth on MLB’s list of all-time home run leaders, just six behind Willie Mays..
The ruling by Major League Baseball arbitrator Fredric Horowitz will not only cost Rodriguez $25 million in salary, it also further clouds the groundbreaking career of a player who will turn 40 during the 2015 season.
The Yankees said in a statement that they “respect Major League Baseball’s Joint Drug Prevention and Treatment Program, the arbitration process, as well as the decision released today by the arbitration panel.”
Saturday’s ruling stemmed from Rodriguez’s appeal of a his suspension by MLB, which accused him of taking performance-enhancing drugs and having ties to the now-shuttered Biogenesis clinic in South Florida.
Biogenesis was a former anti-aging clinic that MLB said supplied steroids to at least a dozen baseball players.
Rodriguez, one of the best players of his generation who was once considered an automatic Hall of Fame candidate, was defiant in a statement released Saturday.
“This is one man’s decision that was not put before a fair and impartial jury,” Rodriguez said, “does not involve me having failed a single drug test, is at odds with the facts and is inconsistent with the terms of the Joint Drug Agreement and the Basic Agreement, and relies on testimony and documents that would never have been allowed in any court in the United States because they are false and wholly unreliable.”
Rodriguez, who has claimed he was the target of a MLB “witch hunt,” probably will appeal Horowitz’s decision in the courts or to seek to delay the suspension
With the widespread popularity of college sports teams, and the consistent successes of each of these colleges on the field and in the stadium, it’s no wonder these top 10 sports schools garner the support and spirit of students and fans all over the nation.
6. Ohio State University
Ohio State has brought home championship wins in all three of the biggest men’s sports: basketball, football, and baseball. University of North Carolina
North Carolina has won 51 titles and 34 national championships in 6 different sports, making its mark as one of the top sports colleges in the United States. University of California Los Angeles (UCLA)
One of the country’s most widely recognized sports schools, UCLA was the first university to win over 100 NCAA championships, making the Bruins a fixture among the top basketball schools. Florida State University
Florida State is a top contender in a number of college athletics programs, including football, basketball, softball, soccer, volleyball, swimming, and diving. University of Virginia
The Cavaliers raced to top positions in women’s rowing and men’s soccer in the past year, among the school’s other sporting achievements.
10. University of Florida
Florida is renowned in a number of varsity sports, notably excelling in women’s swimming and men’s track and field in the 2009-2010 season. University of Southern California
Southern California is best known for its varsity football team, which has won 11 championships, but also excels in basketball and a host of other college athletics.. Whether you follow college baseball, football, gymnastics, volleyball, soccer, or other varsity athletics, these are some of the top universities to beat:
1. UCLA is also renowned for its women’s sports performances, with the softball, track, gymnastics, and rowing teams excelling in 2009-2010.
College sports have captured the hearts of millions of Americans, from loyal students and alumni cheering on their schools to local businesses and fans. Stanford University
With an impressive record in virtually every varsity sport, this Ivy League school holds the top ranking among sports colleges. The university is known for its basketball team, as well as women’s soccer, women’s field hockey, and men’s lacrosse.
7. They finished 5th in the 2009-2010 NACDA reckoning of sports colleges, placing them in the top 5 for the first time.
8. University of Texas
This Texas school has won more titles than any other school in the Big 12 League since it was founded in 1996. The school is also known for victories in men’s diving, swimming, golf, track, gymnastics, men’s and women’s fencing, and more.
5. Stanford has brought home the NACDA Director’s Cup award for Division I sports for the past 15 years, qualifying it as best overall for collegiate sports in the United States.
With a staff of over 100 coaches and assistants, 34 varsity sports, and about 300 athletic scholarships, it’s no wonder this school presented 49 athletes in the 2008 Beijing Winter Olympics and has over 9,000 students enrolled in intramural sports in any given semester.
9. The Gators are also known for their strong contenders in football, men’s basketball, and women’s golf, soccer, football, tennis, and volleyball.
4. They’re especially known for their excellence in football, as well as putting forward strong contenders in track and baseball.
2. University of Georgia
With rigorous academic requirements for all athletes, Georgia is setting the pace for a new paradigm of scholarships among its top level football, baseball, gymnastics, tennis, and swim teams.
However, this team peaked early, and eventually the preseason loss of wide receiver Jordy Nelson reared its ugly head along with subpar offensive line play. Best future bets, season win total bets, teams to bet on and against — it’s all here in Chalk’s 2016 pro football betting guide. Note the Cardinals struggled in both their red zone offense and defense last season, as this team is far too talented for those trends not to turn around. I don’t believe the Jets can catch the Patriots, but for this bet they just need to finish over .500 again.
Minnesota Vikings (20-1)
Arizona Cardinals (8-1)
Opening week last year, the Ravens lost defensive force and team leader? Terrell Suggs — and quite simply, it was all downhill from there. They jumped to 6-0 record before their bye week, outscoring the opposition 164-101. However, it’s easy to flush last season down the drain and move forward with this rock-solid organization.
New York Giants under 8.5 (-120)
Green Bay Packers over 10.5 (-170)
Denver Broncos (25-1)
After Super Bowl 50, the Houston Texans were my choice for best value play out of the AFC at 40-1. However, after ranking 12th in points per game and sixth in yards per play, expect the league to adjust and regression to occur. The FPI at 9.3 and MLE at 9.4 slightly agree, though it is a little concerning that they’re only clear underdogs in just four games (how they fare in the four pick ‘em games will tell the tale). We saw how they looked in their 5-0 start last season, when Matt Ryan and Julio Jones looked unstoppable and Devonta Freeman emerged as a scoring machine — and they were the only team to beat Carolina in the regular season. Head coach Dan Quinn, who built the Seattle Seahawks’ defense before taking this job, obviously still has a lot of work to do with the defense, but that’s why we’re getting such a great price. Before last season, Harbaugh owned a 72-38 regular-season NFL record as head coach, plus 10-5 in the postseason. After Philadelphia traded away Sam Bradford, this number has been raised to 8.5, and I believe that’s an over-adjustment — so I now like the under 8.5 (and ESPN’s Football Power Index and our Money Line Estimate agree as they’re still right around 8 wins). The market hasn’t agreed, as the Falcons drifted all the way up to 100-1 before dipping back to 80-1 over Labor Day weekend. They’ll most likely catch the Cowboys without Tony Romo. Nelson is back this season, while the signing of Jared Cook gives Rodgers another weapon.
The Giants’ over/under was at 8 with added juice most of the summer, and it was a pass for me.
AFC betting previews | NFC | Super Bowl bets
Kansas City Chiefs under 9.5 ( 120)
Cincinnati Bengals over 9.5 (EVEN)
Note: I still like the Houston Texans over 8.5 (-120), but not as much as I did when I got over 8 over the summer (though it still takes 9 wins to cash), so that’s why it didn’t make my list of top “over” bets. They just need to keep doing what they’re doing in the regular season, and I don’t see too much of a falloff from the team that finished 12-4 a year ago. Note that with the top AFC teams expected down compared to the Cardinals, Packers, Panthers and Seahawks, the key is to bet the Ravens to win their conference.
If I like the Falcons to go to the playoffs (and especially to make a Super Bowl run), then I must love the over 7 at -130. Unfortunately, they’ve lost the services of difference-maker Marcell Dareus for the first four games. If you don’t mind giving up the insurance of a push on 7, there are some books that have over 7.5 at plus-money, and even if they don’t live up to my lofty expectations, I don’t think they’ll be worse than a .500 team and get at least the 8 wins needed to cash this bet.
Offensively, the Cardinals continue to be sound at all levels. Importantly, the huge emergence of running back David Johnson is the catalyst to take the pressure off the deep passing game. ESPN’s Football Power Index has this total pushing with exactly 7 wins, but I like that the Saints are only projected to be favored in six games at CG Technology, plus the Money Line Estimate only adds up to 6.4 wins. They did lose defensive tackle Kyle Williams early in the season, but a defensive mastermind like Ryan should be capable of working around a key injury.
Atlanta Falcons over 7 (-130)
The season is finally upon us. with trips to Baltimore, New England, Los Angeles, Miami, Seattle and Cincinnati, while garnering the Jets, Arizona and New England at home. And finally, their road schedule is void of high-caliber competition in Jacksonville, Atlanta, Tennessee, Washington, Philadelphia and their division rivals. A potential Super Bowl game was promising last season before their collapse in Carolina to end the year after an impeccable 13-3 regular season. Ryan is known for his defensive prowess, but the Bills dropped from fourth in yards allowed in 2014 to 19th in 2015. The Bears and Lions continue to erode, while the Vikings obviously lose some luster with the loss of quarterback Teddy Bridgewater. Basically, it comes down to believing we’re much more likely to see 6 wins (and a winning ticket) as opposed to 8.
Again, we don’t need the Bengals to erase their playoff demons to cash this bet. ESPN Chalk’s NFL Vegas experts, Dave Tuley and Erin Rynning, combine to bring you the ultimate betting guide for 2016.
After Super Bowl 50, I made the Falcons my best value bet for Super Bowl LI at 40-1. I still like them, but the “value” part isn’t quite there anymore at 14-1.
It’s not often you get 25-1 on the defending champions. Tony Romo got hurt again and the Cowboys’ odds were raised, but there is hope, as he’s projected to miss six to 10 weeks, and rookie Dak Prescott stepped up in the preseason. Obviously we can’t have the Chiefs going on another 10-game winning streak, but that was a bit of a fluke, and no one’s going to be looking past them this year.
Under the leadership of John Harbaugh and Ozzie Newsome, the Ravens have been a threat every season to reach the Super Bowl. In addition, their top draft choice, Shaq Lawson, might be back from injury in November and second-rounder Reggie Ragland is already done for the season. Look for the Ravens to return to their physical ways with a chance to match any AFC contender. Secondly, and ultimately the biggest hurdle, is they have to win three playoff games in a row (four if they don’t get a first-round bye), and head coach Marvin Lewis is 0-7 in the playoffs and 0-4 with Andy Dalton as the starting QB. Yes, the schedule lightens up after that, but Ryan might have one foot out the door.
Tuley: Teams I love (to bet on) Tuley: Teams I love (to fade) Tuley’s totals: Best over/under teams
New Orleans Saints under 7 (-140)
New York Jets over 8 ( 150)
Yes, there’s a trend here with finding value on teams with QB issues. Importantly, the key injured cogs from last year are back. Their offensive line, receivers and quarterback certainly rank in the upper echelon of the NFL. The Jets were 10-6 last year and had the No. The better play now is Cincinnati at 20-1, as the Bengals have one of the best all-around teams with a balanced offense and a solid bend-but-don’t-break defense. They don’t need to win them all to get over the total and, even if they don’t win them all, I give them a decent shot to win some of the rare games where they’ll be underdogs or pick ‘em.
Arizona’s brilliant head coach Bruce Arians continues to preach it’s all about getting that ring on your finger, and his team is as well-rounded as any to deliver the title this season. If Prescott can keep Dallas in contention and Romo returns healthy, the 25-1 price could be an overlay — as long as Romo can stay healthy the rest of the way, which is asking a lot.
Cincinnati Bengals (20-1)
Dallas Cowboys (25-1)
Baltimore Ravens (15-1 to win AFC)
If only the Las Vegas oddsmakers would buy into the promises of Bills coach Rex Ryan. They added defensive leader Eric Weddle to their defensive backfield, and were able to add the No. Importantly, the Cardinals can move forward from last year. The W/L/T that we used in our betting previews for each team and used CG Technology’s Week 1-16 lines to see how many times a team is expected to be favored has the Giants favored in only 8 games, so they would almost have to win all of those (plus any upsets) to get over 8.5.
New York Giants Chicago Bears New Orleans Saints Arizona Cardinals Pittsburgh Steelers Jacksonville Jaguars
Buffalo Bills under 8 (-150)
The question lingers as to whether Rex and his brother Rob Ryan turn this defense around. Forever the extreme eternal optimist, Ryan’s Bills generally failed to deliver last season, especially on the defensive side of the football. Well, the oddsmakers obviously felt all along that he would return to the fold as the odds didn’t budge. The loss of Tyrann Mathieu was devastating for this group late last season, as he works himself to 100 percent by this season’s end.
You have to believe that Sam Bradford puts them back on track, and you have to not worry about not pulling the trigger when you could have had 30-1 when Shaun Hill was expected to be the starter.
Vital when handicapping over/under season wins is the schedule, and the Packers’ slate is relatively smooth sailing. Besides, the encouraging number is the 12 games that the Bengals are expected to be favored in this year. And while defenses can still win championships, like we saw last year with Denver, it’s not a necessity in today’s NFL.
. Yes, this is a tall win projection, but the Packers are a heavy hitter and the schedule is as soft as a pillow.
Atlanta Falcons (80-1)
Led by Aaron Rodgers, the Packers loomed especially large the first six weeks of last season. 4 defense with Fitzpatrick leading an already-balanced offense that adds running back Matt Forte. Note that this offense actually led the league last year in three-and-outs at 28 percent.
After the schedules came out in April, I made the Saints’ under 6.5 ( 115) one of my best bets, so I like under 7 even better, though the juice is heavy at -140. 6 overall draft choice, left tackle Ronnie Stanley. Of course, there are two big obstacles for the Bengals: First, they really need to hold off the Pittsburgh Steelers in the AFC North and secure a first-round bye. They’ve fortified their defensive line with the additions of Chandler Jones and top draft choice Robert Nkemdiche to aid in the all-important NFL pressuring of the quarterback. They’re still the best value bet on the board in my opinion. The first 10 games will test the mettle of Ryan & Co. The Cardinals are poised and motivated for the NFL title.
The Bills did thrive on the offensive side last season, as offensive coordinator Greg Roman did an incredible job with quarterback Tyrod Taylor & Co. The schedule is tough and front-weighted. But the talent is there to take a flier.
Other potential future-book plays
I originally had a lean on the Chiefs under 9 back in the spring, so I really like it now that it has been bet up to 9.5 (and 120 to boot!). Peyton Manning is gone, of course, but if Trevor Siemian can run the offense — which relied more on the running game last year anyway — the defense can carry this team far.
I had a lean on the Jets under 8 back in April, but that was when Ryan Fitzpatrick was holding out, and I expected the number to go higher if he signed. In addition, they were minus-15 in turnovers and nine of their 11 losses were within eight points as seemingly nothing went right. So, I actually think now that the value is on the over 8, especially at the current 150 price. They eventually placed 20 players on injured reserve, including eight projected starters — Suggs, Joe Flacco, Justin Forsett and Steve Smith included. In proper Ryan-like fashion, the Bills also led the NFL in penalties last year. However, we’ve clearly seen the high end of this Packers team over the previous two seasons as an offensive machine and a capable defense
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At a time when lunch counter sit-ins were met with insults and abuse, peaceful protest marches provoked fire hoses and snarling police dogs, Eddie Robinson urged Grambling athletes and students to go to class, get an education, and be ready for change.
A number of schools are considering firing their longtime successful coaches, in the hopes of getting a more successful one. It’s imminent. There are no huge sponsorships from big companies like Nike. Tures
Forbes Education Columnist; Author, ‘How to Talk American’; Director, ‘Crotty’s Kids’; Co-founder, ‘Monk Magazine’
When I was at the point of giving up on my latest book, Brand New Man: My Weight Loss Journey, I called Nocera for advice. This is especially true after our hugely disappointing loss to the no-nonsense, mistake-free, steady-as-she goes Iowa Hawkeyes on Friday at 90,000-strong Memorial Stadium in Lincoln (Nebraska’s 347th consecutive sellout).
In this week’s Scheer Intelligence podcast on KCRW, Robert Scheer speaks with former USC football player Anthony Davis about living with the brain injuries Davis sustained during his celebrated career.
Like the mortgage industry implosion of 2008, the college football business is an impending disaster. Unreasonable expectations, high turnovers, entitlement, participation trophies. But all the state is doing is making it less likely its teams will ever win a championship.
By Brandon Ferris, Rider University ’18
There are about 70 days and counting until college football starts again.
You might ask you…
Is it worth it for underclassmen, i.e. As much as we are different, we have much in common. It’s not a matter of if, but when, does the bubble burst?
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GM, AOL Alpha/Director of Product, AOL Mobile. Builder of products, solver of problems, lover of tech, travel, food and the Philadelphia Eagles
Suffering from “Florida Envy,” Georgia schools and teams think they’re serving their fans with a “win a championship or bust approach,” desperate to keep pace with their Southern neighbors. Without the athletes, there is no college sports. 1, Clemson Tigers.
The most important play in Jimbo Fisher’s career wasn’t a Jameis Winston touchdown pass in the Rose Bowl, or a coast to coast Dalvin Cook run. It’s inside each and every one of us. 2, Alabama Crimson Tide is taking on the No. yet at the same time we are all amazing.
John A. Alabama is heavily favored in its fourth championship game since 2009 with Coach Nick Saban, despite having lost one game this season.
GM, AOL Alpha/Director of Product, AOL Mobile. The play that changed everything for Fisher and his FSU program was made on a punt against an unranked team.
The ability to know you are more than who you are. Should they do so?
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Remove the athletes and you remove the profit. juniors and sophomores, to drop out of school early, with a potential reward of a multi-year, multi-million dollar contract, or do they do so at their own peril later on?
Will the Big 12 conference expand from 10 to 12 teams? There will be a meeting on this issue in a few weeks, with a possible decision later this summe…
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We are proud to create as many avenues as possible for our students to learn, grow and succeed. There is no revenue in ticket sales.
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Nothing I say here will assuage the pain of being a Nebraska Cornhusker football fan right now. Focus in this area demonstrates the strong commitment our Board of Education, administration, faculty, staff, and coaches have to our core belief in educating the whole child.
Everyone is talking about the College Football Playoff, but what about the games leading up to it? Make your predictions on Sage and tune in to see if you were right.
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Father, husband, blogger, author, Emmy Winner, Health Insurance Provider. The coaches with their million dollar contracts have no one to coach
Spread betting, on the other hand, does not provide a simple win or lose outcome, but can provide payoffs based on the accuracy of the bet. This material may not be published, broadcast, rewritten, or redistributed. “But my big win is to leave the E.U.”
Betfair allows people to place wagers against each other rather than setting odds like the traditional bookmakers. “This is a historical event, and I want to take part in it,” said Can Zhao, an investment researcher who last week placed a 135-pound ($198) bet on “remain” at a Ladbrokes betting parlor near London’s Kings Cross train station.
The betting has also gained the attention of global investors as a gauge of the likelihood of an event’s outcome. referendum betting already hit a record for a political event days ago for Betfair, bookmaker BetFred and IG, the largest provider of spread betting services.
The bookies’ odds have largely been in synch with global financial markets. presidential race, which was its previous record for a political event. The referendum also outmatches the 35 million pounds placed on the 2014 World Cup Final.
Thursday’s vote on whether to leave the European Union, which will have lasting consequences for the country and Europe, is due to break the record as the most bet-upon political event in Britain’s history.
Betting is his way to get in on the drama because as a foreign citizen from China he will not have a right to vote. That’s reflected in financial markets, where stocks and the British pound are relatively buoyant one day before the big event.
Betting on political events used to be a niche area in the gambling industry but has become more widespread, particularly in Britain. Polls suggest it is too close to call, while bookies give the “remain” side a higher chance of winning.
Betfair, bookmakers Ladbrokes and Paddy Power and the Betting Research Unit at Nottingham Business School all estimate that the total value of bets on the vote placed in Britain will reach, and likely exceed, 100 million pounds.
E.U. That surpasses the 40 million pounds placed on the 2012 U.S. It has become increasingly popular, particularly to bet on financial markets.
LONDON — As if the stakes were not high enough in Britain’s nail-biting vote this week, people are betting record amounts of money on its outcome.
Betting exchange Betfair says it had taken 45.8 million pounds in wagers on the E.U. All Rights Reserved. vote as of Wednesday and expects a final amount of 50 million pounds. That’s particularly true since pollsters have missed badly in measuring sentiment before some of Britain’s most recent votes, the last general election and the Scottish referendum.
For Stephen Jones, 55, betting is a form of insurance against disappointment. Ladbrokes has seen a tenfold increase in recent years.
“If we are going to remain in the E.U., at least I will take compensation,” said Jones, who expects to get 3,000 pounds back in profit in such an event. He intends to vote to leave the E.U., but has placed bets on “remain” to at least get something in case of his side’s defeat.
© 2016 The Associated Press. The industry is expecting 100 million pounds, or nearly $150 million, to be wagered by the time the result is known in the early hours of Friday.. But the importance, drama and uncertainty that have surrounded this vote have made it a spectator sport in its own right. While the polls show this week’s vote is too close to call, bookies like Betfair are giving the “remain” side a 76 percent probability of winning. He was back in the betting shop this week to place additional wagers on behalf of three American friends.
“This is comfortably the biggest political betting event in history and dwarves both the general election and the Scottish referendum,” says Lewis Davey, spokesman for Paddy Power, referring to the Scottish vote on independence last year.
Such betting fever is normally associated with major sports events, with people here habitually placing wagers online or in betting shops on everything from horse races to football matches
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