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Centaur Galileo, Sports Betting Hedge Fund Inspired By Mark Cuban, Collapses

A recent paper from two Yale professors found that hedge funds may have played a larger role in the financial crisis than many originally thought. “The question really is, which gives the opportunity for a better outcome?”

Centaur, a London-based investment company, launched its Galileo fund in 2010 based in part because of an idea Cuban proposed in a 2004 blog post — creating a hedge fund that invested in sports bets.

“When you think about betting on sports, there really is far better information about your local sports team than there is about any local business in your market. “That’s far better than we get from public companies.”

“We have unique software we’ve written over five years that ensures we purely trade on statistics and probabilities,” Woodhams told CNBC in 2010. “The process is very clinical, which is our edge.”

That’s a notion with which Tony Woodhams, Centaur’s managing director, previously said he agreed.

Though Galileo wasn’t a traditional hedge fund, its collapse may highlight some of the risks inherent in others, which aim for high-risk, high-reward investments, sometimes with large-scale consequences. In his blog post, Cuban argued that because the sports betting market is less efficient than other markets, anyone who applied a “smart money” strategy to investing in it would have a good chance at success.

Financial crisis or not, another study, this one by Princeton researchers, found hedge funds to be “far riskier and provide much lower returns than is commonly supposed.” In other words, lots of the bad stuff without so much of the good.

Despite Woodhams’ confidence, it appears that there may have been some red flags indicating Galileo was headed down a bad path, according to Wager Minds. The localTV station gives a report about every game.

Mark Cuban is an undeniable idea machine. But one of his boldest ideas yet may have proven too hot to handle. There areradio stations who cover them for hours at a time [sic],” Cuban added.

Galileo, which required a minimum of roughly $135,000 to be come an investor, used a number crunching system that the founders argued allowed the fund to bet on sports with much more accuracy than the casual gambler, according to the Los Angeles Times. They are right. The fund was regulated by Gibraltar’s government, instead of the British government.

. Gambling isgambling [sic],” Cuban wrote in his blog at the time.

Cuban’s original idea for a fund similar to Galileo revolved around the idea thats sports provided more information to investors than actual American companies. John Paulson’s hedge fund, for one, has been tied to claims that Goldman Sachs purposefully created financial instruments they assumed likely to go bust — and then bet against them. It didn’t last very long, however, as the fund appears to have collapsed on Monday, according to Wager Minds. At this point, the reason for the fund’s collapse is reportedly still unknown.

“It’s not unusual to hear people refer to trading stocks as no different than going to Vegas. The local papers cover the team every day

Pro leagues try blocking sports betting in N.J.

District Judge Michael Shipp would rule on the leagues’ motion. – The four major professional sports leagues and the NCAA filed papers in court Monday to stop New Jersey’s plan to allow legal sports betting beginning this weekend, when gamblers could become the first in the nation outside Nevada to wager on single games.

The bill Christie signed effectively repealed the state’s laws against sports gambling. He had been scheduled to hear arguments next month on whether he should modify his 2013 order prohibiting sports gambling in light of a subsequent appeals court ruling that sports gambling supporters saw as offering a legal justification. Of the three, only Delaware offers parlay betting in which bettors must correctly pick several games to win money.

It wasn’t immediately clear when U.S. Earlier in the day at a campaign event before the filing was released, Christie said, “We’re moving forward. None of Atlantic City’s casinos has released a plan to offer sports betting. This material may not be published, broadcast, rewritten, or redistributed. A spokeswoman for the Meadowlands Racetrack said Monday the track had no plans to implement sports wagering and was taking a wait-and-see approach.

New Jersey voters overwhelmingly approved a nonbinding referendum on sports gambling in 2011, and Christie signed sports wagering legislation in early 2012. Supreme Court declined to hear New Jersey’s appeal.

In that appellate opinion last November, the judges wrote that “we do not read PASPA to prohibit New Jersey from repealing its ban on sports wagering.”

The National Football League, the National Basketball Association, the National Hockey League, Major League Baseball and the NCAA, in their filing, say New Jersey’s new law violates the 1992 Professional and Amateur Sports Protection Act (PASPA) by offering what amounts to state-sponsored sports gambling by restricting it to casinos and racetracks that are already heavily regulated by the state.

Monmouth Park, a horse track, is the only location that has said it’s ready to accept wagers and has outfitted an area for a sports book operation.

A spokesman for Christie didn’t comment after the filing was made Monday, citing the pending litigation. The pro leagues and the NCAA sued later that year, and Shipp and the appeals court ruled against the state’s effort to have PASPA declared unconstitutional. That is seen as a way around a 1990s federal law that restricts state-sponsored sports gambling to Nevada and three other states. All Rights Reserved. The U.S. Chris Christie last Friday.

© 2014 The Associated Press. 26.”

NEWARK, N.J. But acting state Attorney General John Hoffman withdrew the state’s request for the hearing after Christie signed the law.

New Jersey’s latest effort is “in clear and flagrant violation of federal law,” the brief states, adding that the law Christie signed “is nothing more than a de facto authorization of sports gambling.”

The leagues filed a motion in federal court in Trenton, N.J., seeking an injunction that would stop the state from allowing casinos and racetracks to offer sports betting under legislation signed into law by Republican Gov. We’ll see what happens.”

This summer, Christie vetoed an altered version of the sports wagering bill that would have removed sports betting from state control, but in early September he issued a directive for Hoffman not to prosecute casinos and racetracks that offered sports betting.. On its website, Monmouth Park announced it would “begin offering and accepting wagers on sporting contests and athletic events on Sunday, Oct

Legalized sports gambling would be winning bet for NBA & NFL

But New Jersey might not get a long-lasting edge.

Leagues have opposed sports betting because of the possibility it could compromise their games’ integrity — a concern ever since the thrown World Series in 1919. “That’s where we’re going to see it pay dividends.”

Related: Sports gambling vs. He says the casinos hope the problems can be resolved in time for the Super Bowl in February. Chris Christie declared sports gambling decriminalized in casinos and racetracks.

“Everybody knows here that if you have a gentlemen’s bet or a small wager on any kind of sports contest, it makes you that much more…engaged in it,” Silver said at a sports forum in New York. States surrounding New Jersey all have casinos, and could act to legalize sports betting if they thought the Garden State was winning big.

CNNMoney (New York) First published September 9, 2014: 3:18 PM ET

Legalized sports gambling would be winning bet for NBA & NFL – Sep. What New Jersey hopes is that the opportunity to bet on football and basketball will bring in bettors who also throw a few bucks into slot machines and at blackjack tables. The National Football League and Major League Baseball declined to comment.

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NMLS #1136

NBA Commissioner Adam Silver recently said it’s inevitable that legal sports betting could spread beyond Nevada, the only state that now allows it.

Even if the obstacles are cleared, sports betting is not likely to be a cure for Atlantic City’s casino problems. This week, Gov. That’s the main reason that despite being an attractive and growing market, no major sports team is based in Las Vegas

The first state poised to try to join Nevada is New Jersey, where casinos are tumbling into bankruptcy and cutting thousands of jobs.

But an attorney for the state’s casinos, Lloyd Levenson, says there are federal obstacles to legalized sports betting that need to be resolved. 9, 2014 by Chris Isidore   @CNNMoney September 9, 2014: 5:26 PM ET

Don’t bet on that lasting. And he hinted that his league might be less opposed than in the past, primarily because of the interest gambling generates.

In Nevada, the sports books are the least profitable part of the casinos, accounting for just 2% of revenue. the stock market

NBA spokesman Mike Bass wouldn’t say if Silver’s comments represent a formal change in policy in the league.

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Horse Racing Systems: 5 That Work

I’ve identified some of the most useful handicapping factors that have a proven history of doing much better than the track takeout and put them together with some simple rules that should make your trips to the racetrack more fun and profitable.

Look for comment lines like “bled”, “lost rider”, “clipped heels”, “stumbled”, “steadied”, “between horses”, “rank”, and “jumped shadows” that suggest that a horse’s last race was not indicative of its true ability. They will, however increase the chances of a profitable day at the races by ensuring that your wager dollars go where they have the best chance of success. The horse with the best combination of the two is the play.

This causes the favorite to be under bet in the place pool, leading to a profit opportunity for us to take advantage of by betting the favorite to place. My computer studies of pedigree, based on nearly 100,000 races, suggest that using pedigree in that manner offers no advantage to the player.

Looking for a dead simple horse racing system that will allow you to quit your job and make a living betting the horses in just 10 minutes a day? Good luck with that!

For instance, many speed figure handicappers reported making horse racing profits in the 60′s and 70′s simply by betting horses with the best last race speed figure. Because speed figures have gained in popularity over the years, anyone following that system now would have trouble coming up with gas money for the ride home from the track.

In that spirit. I was able to replicate this result in my own study of nearly 100,000 races conducted a decade later.

The horse with the best last race speed figure (whether Beyer, BRIS, or Equibase) may not be the best horse in the race, but he’s probably not far off, so we can use that as a proxy for selection purposes.

First time starters return only about 60 cents on the dollar, and second time starters are only a little better, returning less than 70 cents on the dollar. My study suggests that’s not the case.

However, just because systems won’t make you rich doesn’t mean there’s no place for them at all in a horseplayer’s arsenal. It must follow, therefore, that if we bet the best horse that has started at least twice, we stand an excellent chance of beating the takeout, particularly in races that have several first and second time starters.

Nunamaker reported that the inside post in dirt route races won at a 20% greater than expected rate, and lost only 10 cents on the dollar, much better than the track take. Just don’t expect to quit your day job.

None of these systems will make you rich, or even guarantee that you will make a profit. Few bother to even look at the comment line for the race, let alone take the trouble to seek out and watch the replay of the race. None of them work.

Horse Racing System #3 – In maiden claiming races, bet the horse with the best pedigree. This offers opportunity to more diligent players.

In fact, pedigree does not generally offer wager value with one curious exception: well bred horses do surprisingly well in maiden claiming races. Let me let you in on a little secret about these “magic formulas”. The inside post combined with early speed is a particularly potent combination, since the horse will not have to exert himself as much to gain his preferred position at the front of the pack.

For as long as humans have bet on horse racing there have been system sellers trying to con the gullible into parting with their hard earned money with the lure of easy profits to be made on the sport of kings. It should go without saying that you should actually like the favorite’s chances after evaluating the race with your own handicapping.

Horse Racing System #5 – Bet Horses breaking from the inside post in route races. In most case the public seems to take a horse’s last running line at face value. This is somewhat counter-intuitive since you’d expect that horses with good pedigrees that end up in the maiden claiming ranks probably can’t run at all. Thanks for reading, and see you in the winner’s circle.

Second, the very nature of the parimutuel system itself means that any profits to be made from following a particular set of rules will quickly be arbitraged away as the followers of that system drive down the odds of horses chosen by the system.

Horse Racing System #1 – In maiden races, bet the horse with the best last race speed figure that has had at least two career starts. To the extent that most handicappers use pedigree at all, it’s usually to identify horses that may improve when switched to the turf, or those who may be expected to win as first time starters. With the BRIS pp’s you can use the Sire Production Factor in concert with the pedigree rating. If the tote board suggests that the public is overlooking these mitigating circumstances, make your play.

Horse Racing System #2 – Bet horses that have an excuse for a poor performance in their last race. The inside post in turf routes actually showed a small profit, but this was based on a small sample size and cannot be relied upon. One of the few anomalies turned up by Michael Nunamaker in his pioneering computer study “Modern Impact Values”, published in 1994, was that horses breaking from the inside post position in route races won more than their fair share of races, and were under-bet by the public. This is another mistake that bettors make: in a race with a clear standout, many people give up on the win pool and bet their choice to place, thinking that they’ll get paid even if the favorite wins.

In the first place, the parimutuel takeout in horse racing is large (over 15%) and the mutuel pools are relatively efficient, so that even systems with a strong basis in reality can’t overcome the size of the takeout.

How do we identify the best pedigree, then? If you’re using the DRF past performances, use the stud fee as a proxy for quality, and the Tomlinson figure to judge suitability for the distance and surface. My own studies have shown a similar advantage for the inside post in routes.

. This system takes advantage of one of the few glaring inefficiencies in the parimutuel pools, namely that first and second time starters are badly over-bet.

Horse Racing System #4 – Bet low-priced favorites to place. Most people who love horse racing would be thrilled just to win a little more and lose a little less on their trips to the track.

Instead of blindly betting all horses breaking from the inside, you might use this to supplement your handicapping, paying particular attention to the inside horse, and betting it when you like the horse on other handicapping grounds

Newport vs. Newport H2-Which Keen Sandal is Better

Keen makes a wide variety of sport sandals, hiking shoes, and casual shoes but Keen is best known for their outdoor sport sandals. Look at your specific needs and desires in a sport sandal and then decide which Newport Sandal works best for you.

Sport sandals are nothing new, but in 2003 the unique toe bumper guard was introduced and the shoe became very popular. Keen Newport H2.

Some people do not like the rubber nose guard that Keen has on their sandals, but it does protect your toes. If you are looking for a cool shoe that can be worn with or without socks that is well ventilated yet also will protect your toes more than a basic pair of flip-flops then take  a look at all the great sandals available by Keen.

Other people prefer the H2 because their feet do not sweat as much as compared to the leather Newport. The Keen Commuter has an SPD insert so you can attach cleats if you like to be “locked in” while cycling.

The Newport and the Newport H2 are very close to being the same shoe. You do not have to be a hardcore athlete to enjoy the comfort of these sandals. The Keen Newport was the first true sport sandal that was designed to protect your toes.

Both the Newport and the Newport H2 are excellent choices in sport sandals. Whether you choose the leather Newport or the lighter weight Newport H2 is usually just a matter of choice.

The Keen Newport does not dry out as fast as the Newport H2 sandal, but it is more durable in some aspects then the Newport H2 which has a synthetic upper. The Newport beats out the Newport H2 in durability because of the side piece. The problem with the Keen Commuter is that it is built way to narrow, even for a cycling shoe. Keen has proven to be one of the most popular sandals on the market and are taking a lot of market share from Teva. On the Newport it is one piece of leather where as on the H2 the synthetic upper is stitched into the side which can loosen over time.

Both sandals are very popular and you really cannot go wrong with each choice. Most people will not experience the separation problem with the Newport H2 but it can happen.. The leather Newport is designed as a sport sandal, but it is often used as daily footwear for many people regardless of their conditions.

There are many great Keen sandals available, as well as Teva and other brands. The design difference means that the Newport H2 will be lighter in the water. The leather, as is the entire sandal, is designed to be submersed into water. Most people are choosing the Newport H2 over the leather Newport, but you should be happy with either of these Keen sandals.

Sales of the Newport H2 dwarf the sales of the Newport. Keen advertises that you can wash any of their sandals in the washing machine including the leather Newport.

Do you prefer a lighter sandal or do you like the feel of real leather? Do you get you sandals wet and then rapidly get out of the water or are your feet submerged for long periods of time? Either sandal performs great in the water but the Newport H2 will dry out faster than the Newport. After reading this then you will have a better idea on the Keen Newport vs. Both of these Keen sport sandals have their outsoles sipped which helps to provide excellent traction in wet conditions. Both of these sandals grip extremely well, even in wet conditions.

has proven to be a popular sport sandal that is used for many activities including boating, hiking, sailing, cycling, and many other activities. The leather is designed as waterproof so it will resist attempts at shrinking cracking and rotting. Here are the 2most popular Keen sandals. The reason many cyclists choose the Newport over the Newport H2 is because of the thread separation problem that occurs on some of the H2 sandals after extreme use. Many cyclists use Keen sandals, but will usually opt for the Newport tor the Newport H2 over the Commuter model sandal.

The Keen Newport sports a leather upper that is waterproof. The Newport is the foundation that the entire Keen shoe company was built on. The Newport H2 is also designed a little bit different with the midsole. The Newport will retain more water in the EVA midsole so it will feel slightly heavier when you’re in the water and also when you initially leave water and walk around.

The Keen Newport was the first footwear designed and sold by the Keen shoe company. The continued eveolution of the basic sandal will continue with new and innovatie features introduced each year.

have been all the rage among outdoor enthusiasts they continue to strip market share from other outdoor sandal providers such as Teva. The leather Newport with the one piece leather on the side has no seams with thread to come loose so it is much more durable in the long run then the H2 model.

The Newport H2 is lighter than the leather Newport, but some people choose the leather Newport over the synthetic upper of the Newport H2 for comfort. Many long time wearers of sport sandals abandoned their Teva or Nike ACG sport sandals for the Newport. Keen and Teva continue to compete against each other and this benefits everyone who wears sandals. Some Keen sandal wearers swear that the leather is more comfortable than the synthetic upper.

The Newport H2 is very durable overall, but if you are hard on sandals then you can expect the sewing to loosen on the side after 6 months to a year of heavy wear. Both of these sport sandals break in quickly and will mold to your feet. Most people are buying the Newport H2, but the Newport is still a great sandal. The Keen Newport has a rubber bumper to protect your toes which also works great to shield your toes from the wind if you are cycling in them.

If you are a cyclist and are not spending a lot of time in the water then the original Newport is the sandal you may choose to purchase. The Keen Newport is now in its’ 9th year and is still a huge seller, but the Newport H2 drastically outsells the original Newport.

If you are a cyclist Keen also makes a sandal designed specifically for you with the Keen Commuter. The main differences lie in the upper material. The Keen Newport first arrived on the market in 2003 and took the outdoor community by a storm

Betting on Sports – 6 Winning Rules by Don Stark

If betting on sports is more than just a recreational pastime, or if you just don’t have the time or resources for Rule #5, seriously consider employing the services of a professional sports handicapper. To be successful at anything, your mind needs to be 100% clear and functional. Secondly, never wager more than 2% of your total bankroll on any single wager. Whichever group you fall into, sports wagering must be treated the same as any other financial investment. . Over the course of a year, that ½, 1, or even 2 point difference will come into play many times, and trust me…it will add up to a lot of money.

Rule #6 – Seek a Professional – There is a wealth of valuable information available on the Internet but you have to take the time to do proper and thorough research. Since you’re reading this, you’re probably part of that majority. If you’re winning, the 2% per wager automatically increases as your bankroll increases. However, there is an elite third group out there who bet sports with one and only one purpose in mind…to make money. For example, if you live in California and become an expert on the PAC 10, you can increase your chances of winning by focusing on just your niche. Rule #4 – DO NOT Play Parlays or Teasers – Parlays, teasers, and other exotic wagers are offered for a reason. Then, before making your wager(s), check each book and always take the best number on your particular event. While some do it just for recreation or to make watching a TV game more exciting, there are others who will always wager on their favorite team or player, period.

Rule #1 – Use Proper Money Management – This rule is the one that is most neglected and explains why Vegas keeps on building all of those multi-billion dollar casinos. It’s a proposition for losers only, so don’t do it. One of the best ways to win at sports wagering is to maybe find your own special niche and then follow it closely. Conversely, if you’re on a losing streak and the bankroll goes down, the size of your bets will decrease accordingly. Stick with 2% and never double up and chase lost money.

Rule #5 – Perform Due Diligence – As a bettor, you normally have the opportunity to do research well in advance of having to make that final decision on a wager. Hook them all together in a parlay and you must win all 3, or you’re sunk.

Rule #2 – Never Gamble Under the Influence – To coin a phrase, “Speak when you’re drunk and you’ll probably make the biggest speech you’ll ever live to regret.” The same sensible theory applies to betting on sports. Yes, you can bet a 3-team parlay, and if you win, it normally pays in the vicinity of 6 to 1 in football and basketball. To be done properly (and profitably), here are some very crucial rules one must follow. Watching ESPN and/or reading opinionated articles by sports writers on the Internet is not the proper way to do your homework. If it were really possible for anyone to consistently pick 3 out of 3, parlays (and teasers) wouldn’t be offered by the sports books. Always look for the best prices or the best numbers. Never wager more than you can afford to lose, so be honest with yourself on what you can comfortably set aside for recreation or otherwise. If you’re serious about winning more bets than you lose, you should listen to a professional.

People all over the world love to bet on sports. Drugs (legal or otherwise) and alcohol can cloud your judgment and will lead you into making decisions that you normally wouldn’t make. If you’re on medication, drugs, or alcohol, or if you’re just in an upset or disturbed mood, be smart and don’t play until you’re back to 100%. The payoff odds and point spreads are not carved in stone throughout the industry, and on any given day, they can vary greatly between different shops. If you bet 3 teams straight action and only win 2 of the 3, you’ve just made money. That gives you an automatic advantage over the bookie, so use it to the fullest extent. Unexplainably, wins and losses often times run in streaks, so slowly increase your bets on a hot streak and back off on cold streaks. If you’re sick, you go see a doctor.

Whether you’re a recreational player or actually doing it solely for a profit, may you always have more winners than losers, and always remember to have a lot of fun along the way, but stick to the rules. After checking several well-established and solid options, decide on 2 or 3 of them, and then divide and deposit your initial bankroll equally amongst each one. Most people just don’t have the time to properly study things like past statistics, line moves, trends, angles, valuable lines, inflated numbers, and much, much more.

Rule #3 – Spend Some Time Shopping – This can be compared to shopping for a new car or even for groceries. If you set aside $1,000 for gambling, your individual bets should be in the $20 range and no more. Stick to straight action only. Research several sports books thoroughly and compare the numbers

How the Sports Betting Line is Made by RJ Bell

Also, adjustments are made after reading each team’s local newspapers to get a sense of what the coaches & players are thinking going into the game.

“You either have a passion for it or you don’t,” Seba said. Seba explained that it all starts with each oddsmaker creating a line on each game based upon their own personal approach. Obviously, if the line comes out a week ahead of the event (which is the case in football), there is much that could happen during the week leading up to the event that could affect the line. By moving the line, sportsbooks can influence how the public bets on a particular game. If we’ve done that, we’ve done our job.”

Contributed by:

Las Vegas Sports Consultants (LVSC) is the world’s premier oddsmaking company and the most respected authority on making the lines. .

Once a game’s power rating based pointspread is determined, the oddsmaker will make adjustments to that line after considering each team’s most recent games played and previous games played against that opponent.

“The main objective is that our clients get equal action on both sides,” Seba said. Reasons for such adjustments include:

Power ratings are the oddsmaker’s value of each team and are used as a guide to calculate a “preliminary” pointspread on an upcoming game.

Individual books having players who consistently bet with certain tendencies (such as an extreme bias toward favorites or toward a certain popular team like USC)

How the Opening Line Is Made

The last step in the line-making process for each oddsmaker is taking one final look to determine whether or not the line “feels right.” This is where common sense and past experience with how games are bet enters into the picture.

Moving the line is the oddsmaker’s effort to balance betting action, and often times such moves can have a major impact on a bettor’s decision. “We’re not trying to pick the team that covers the spread, we’re trying to make it a coin flip, a tough decision (for the bettor).

Divided action means the sportsbook is guaranteed a profit on the game because of the fee charged to the bettor (called juice or vig – typically $11 bet to win $10).

“The #1 thing for us is to make a line for each game that creates good two-way action. Of the 4-5 oddsmakers, generally the 2 most respected opinions are weighed more heavily by the Odds Director before he decides on the final line. Examples of non-game factors that would require an adjustment to a team’s power rating are key player injuries and player trades. That is not the case at all – their intent is NOT to evenly split the ATS result between the teams; rather, their goal is to attract equal betting action on both sides. We do this by drawing from past experiences and applying them to current situations.

A round-table discussion among the 4-5 oddsmakers involved in making the line for each sport is then conducted and a consensus line is decided upon by the Odds Director before it is released to the sportsbooks.

The opening line is the first line created by the oddsmakers, which is then sent out to sportsbooks. In doing so they attempt to make more attractive the team that is getting less action.

For example, if the pointspread on a game is 7 and most of the money is coming in on the underdog (taking the +7), sportsbooks will then move the number down to 6 ½ to try and attract money on the favorite. This usually includes having up-to-date power ratings on each team. Of course there is an entire method to the madness on how the opening line is created.

What Is the Line Trying to Accomplish?

Experts working for the individual books having a strong opinion on the game

RJ Bell

©Pregame.com 2006

Website: http://www.Pregame.com

The purpose of these adjustments, like all line adjustments, is to more equally divide the betting action. By necessity their approach is very research-oriented and concise, since with millions of dollars at risk there is little margin for error. Once betting begins, sportsbooks can adjust the line at any time. For example, the public might have heavy betting interest week after week on a popular college football team such as USC. Oddsmakers have to determine if any changes are necessary and send out an “adjusted line.”

Once the opening line is released by LVSC, the individual sportsbooks decide if they want to make any adjustments before offering it to the public. People think it’s much more complicated, but it’s not.”

There is a common misconception that point spreads represent the oddsmakers’ prediction of how many points the favorite will win by.

Oddsmakers can also change the line depending on various event-related factors such as player injuries or weather. Each of these oddsmakers bring unique opinions, strengths and weaknesses to the process.

Why the Line Changes

Oddsmakers at LVSC are professional sports junkies who love what they do and would probably do it for nothing if you asked them, but they do get paid for it. The power ratings are adjusted after each game a team plays. If an oddsmaker comes up with a preliminary line of USC -7, then an adjustment up to -7.5 or -8 would be made in response to the public’s expected USC bias.

Since the oddsmaker’s ultimate goal is equally dividing the betting action, public perception and betting patterns must be taken into account. Stated another way, they want to create a line that half the people find appealing to bet one way while the other half find it appealing to bet the other way (known as ‘dividing the action’). In our extended interview, Seba explained that there are 4-5 oddsmakers assigned to make lines for each of the major sports (pro & college football and basketball; MLB, NHL, boxing, golf). Mike Seba is a Senior Oddsmaker at LVSC and has been making lines for the last six years

Casino-Gaming :: How Safe is Online Casino Gambling?

The safety of playing should be guaranteed from the first deposit of money to the final withdrawal of cash. Having multiple revenue streams, giving them more incentive to stay honest and making it more likely that they will stay profitable.

Online casinos are created and operated in such a way that it has won over the trust of millions of players the world over.

Every player should choose sites which can provide them maximum protection against hacks and other breaks in security.

When you gamble in an online casino the only one in reach of your pockets is anyone you let into your own front door. They want to know if the games are honest and if their money will be safe. While some online casinos offer even higher payout percentages on their online slot machine games others publish payout percentage audits on their websites usually approved by a third party accounting group approving that the online casino is using an honest programmed random number generator (RNG) which eventually makes the online casinos even reputable at some points over the land based traditional casinos. If a casino is verified by such a group there will be a link to them on the website of the safe casino Such groups include the Kahnawake Gaming Commission and the Interactive Gaming Council.

Moreover, online casinos that have a number of different gaming avenues tend to be safer. Today, a casino guide to identify safe online casino sites is much needed by all gamblers. Many players are hesitant to put money into an online casino because they are concerned that they will not get paid when they win or that the games are rigged and they will lose their money. There are a lot of other options out there.

The first on the list of online casinos guidelines for safe gambling is ensure that the online casino you wish to play at has a valid license and you can do that by simply checking the websites that post reviews and ratings of the online casino.

Online casinos usually offer odds and payout percentages that are almost the same as land-based casinos. Through this useful casino guide, one can play with much safety in a gambling site. However there are those websites that are set up to scam players from their money and that’s where online casinos guidelines for safe gambling come into play. Your credit card is fully safe with the online casino you can be sure that your personal details stay with the casino for you to authorize deposits into your casino balance and most online casinos even use higher level encryption than your bank.

There are some groups dedicated to making sure that online casinos are safe. Be careful of online casinos that have outrageously high bonus offers or that have only been around and in the long run, if you’re not comfortable with a certain casino, don’t use it.

However, if you’re not sure about how safe a casino is, try doing some online research to see what others say. Safety is the pre-eminent concern that players have about online gambling.

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SPORTS ILLUSTRATED Presents Pittsburgh Steelers: Pride in Black and Gold

The SI franchise

is anchored by SPORTS ILLUSTRATED, the most respected voice in sports

journalism which reaches a weekly audience of nearly 21 million adults,

and www.SI.com,

the magazine’s 24/7 sports news website that delivers more than 150

original stories to its users each week.

For more information on Pittsburgh Steelers: Pride in Black and Gold,

please visit si.com/steelersbook.

For cover art, images, or a hardcover copy of the book, please contact

Bob Oltmanns at 412-721-0236.

About SPORTS ILLUSTRATED: SI is a multimedia sports brand that

takes the consumer into the heart and soul of sports. The SI franchise also includes

SPORTS ILLUSTRATED Kids (www.sikids.com),

a monthly magazine targeted to kids age 8 and up; Golf Magazine and www.Golf.com;

www.FanNation.com,

a social networking and sports news aggregation platform; www.SIOncampus.com,

a website dedicated to college sports and the college sports lifestyle;

SI Presents the magazine’s specialty publishing division; as well as SI

Books, SI Pictures, SI Productions, SI Digital and SI Events. Founded in

1954, SI is a division of Time Inc., the world’s leading magazine

publishing company and a subsidiary of Time Warner.

As the Steelers embark on their 80th anniversary season, Pittsburgh

Steelers: Pride in Black and Gold is a must-have for anyone who

appreciates the football tradition of community, hard work, and winning.

PITTSBURGH STEELERS:

PRIDE IN BLACK AND GOLD

Introduction

by Tim Layden

SPORTS ILLUSTRATED Books

Publication Date:

Available now

$34.95 hardcover

From all-time greats, like “Mean” Joe Green, Terry Bradshaw,

and Jerome “the Bus” Bettis, to current stars, such as Ben

Roethlisberger, James Harrison, and Troy Polamalu,

every generation of NFL fans will enjoy the beautiful full page pictures

and heralding accounts of the greatest players to ever wear black and

gold.

NEW YORK–(BUSINESS WIRE)–SPORTS ILLUSTRATED commemorates the 80th season of Pittsburgh Steelers

football with their new book Pittsburgh Steelers: Pride in Black

and Gold (SPORTS ILLUSTRATED Books, available now; $34.95 USD),

a stunning collection of the best plays, players and moments in the

history of one of the most successful franchises in sports history.

And as if that wasn’t enough, read the full story behind the flag of the

Steeler Nation in “True Tales of the Terrible Towel” by former

SPORTS ILLUSTRATED writer and beloved Steelers broadcaster Myron Cope.

SPORTS ILLUSTRATED football writer Dan Jenkins chronicles the

first three Super Bowls in “The Steelers Sock It To ‘Em,” “Dallas

Feels the Steeler Crunch,” and “What a Passing Parade it Was!” Hall

of Fame writer Paul Zimmerman takes you back to 1980 and the

Steelers’ fourth Lombardi Trophy against the Minnesota Vikings with “They

Were Just Too Much.” Michael Silver covers Pittsburgh’s “One

for the Thumb” under coach Bill Cowher with a victory over the Seattle

Seahawks in “Steelers Ride High in Motown,” while Damon Hack takes

you back to the Steelers’ record sixth Super Bowl ring on a last-minute

touchdown by Santonio Holmes in “Going for Six the Hard Way.”

With 176 pages, 150 full-color photos and an introduction by SI senior

writer Tim Layden, Pittsburgh Steelers: Pride in Black and Gold

captures the team through the eyes of the world’s most accomplished

sportswriters and photographers.