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admin 01.08.2014

Sports betting is big business in Nevada, the only state in the country where you can legally bet on the outcome of a sporting event. Because sports betting requires more skill than luck, astute gamblers and sports handicappers often find ways to beat the house. Sports books also set up point spreads to make predicting the outcome of a game more difficult. As a GamingToday columnist covering the NBA, NFL and Major League Baseball I don’t often get a chance to take a more whimsical look at what may lie ahead in each sport.
But sports wagering doesn’t generate the huge profits the machines and table games bring in. The point spread is the amount of points a favored team must overcome in order for a bettor to win his bet, used mainly for football, basketball and hockey betting.


It is most commonly used in baseball and hockey betting, but it is frequently offered on football bets in lieu of the point spread. Examples include guessing the number of goals each team scores in a handball match, betting whether a player will score in a football game, or wagering that a baseball player on one team will accumulate more hits than another player on the opposing team. In-play betting is a feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress. Instead of listing a team as a 3-2 favorite, or a 6-7 underdog, the sports books use a plus or minus dollar figure to represent a team’s odds of winning. The state legislature passed a measure in January - signed into law by Christie - to license the tracks and casinos to offer the wider gambling.In late May, Christie drafted regulations to have sports betting.
Now, the state officials named as defendants must respond to the complaint."Without any injunction, New Jersey could, if it chooses to, continue to finalize its regulations and plans for sports betting," Schrier said.


The Division of Gaming Enforcement must review all potential operators, license them, and review, test, and approve sports-betting systems, among other things.Those who champion having sports wagering at Atlantic City casinos say it has the potential of generating $200 million a year in new revenue at a time of fierce regional gambling competition. They say it will allow Atlantic City to offer what Las Vegas has had since the mid-1970s."The reality of sports betting is it's going to help," said State Sen.



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