Tag Archives: sports gambling

NBA’s David Stern does not oppose sports betting anymore — and his successor will favor it (maybe).

Sports Illustrated: I asked Stern if it is in the best interests of his league to seek legalization of sports betting. He sighed with his head down, as if to emphasize the gravity of what he was going to say. … Continue reading

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Hedging on BetFair-TradeFair’s sports prediction markets

The Park Paradigm makes a good English case. I was told that the US CFTC would acknowledge privately that hedging on sports prediction markets has some legitimate purposes. But, politically, because of the reluctance of the US Congress for sports … Continue reading

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Fantasy Sport: The only way to crack open the US betting/gambling/gaming market… LEGALLY.

Wikipedia: A fantasy sport (also known as rotisserie, roto, or fairy-tale sport; or owner simulation) is a game where fantasy owners build a team that competes against other fantasy owners based on the statistics generated by individual players or teams … Continue reading

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Where is the libertarian critique of Justin Wolfers’ Op-Ed on point-shaving betting in the New York Times?

Nowhere. Not on Freakonomics. Not on Marginal Revolution. Not on Caveat Bettor. Nobody asked the good questions: Why is it that point-shaving betting is so popular? Could it be that bettors like point-shaving betting very much for good reasons? And … Continue reading

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Deep Throat on the CFTC and the prediction markets

What greatly complicates the CFTCs job is the presence of sports gambling. Without the presence of a huge demand for gambling products, it is likely the CFTC would have already greatly expanded their allowable markets. It is difficult to craft … Continue reading

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InTrade = Ireland || TradeSports = The Netherlands Antilles

Via Fabian John of the 1st Tick Forum. — TradeSports: TradeSports, is a sports betting exchange incorporated in the Netherlands Antilles. Member funds are held in segregated bank accounts. Familiar with online betting exchanges, wagering on sports, sports gambling, or … Continue reading

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