Sports Betting and Bookmaking

While much of bookmaking’s history takes place in New York, other locales such as Chicago, Las Vegas, and Atlantic City—not to mention Cyberspace—are also discussed in this volume.

Author: Arne K. Lang

Publisher: Rowman & Littlefield

ISBN: 9781442265547

Category: Sports & Recreation

Page: 306

View: 847


Horse racing in America dates back to the colonial era when street races were a common occurrence. The commercialization of horse racing produced a sport that would briefly surpass all others in popularity, with annual races such as the Kentucky Derby, Preakness, and Belmont Stakes growing to rank among America’s most celebrated sporting events. From the very onset, horse racing and gambling were intertwined. As the popularity of racing and betting grew, so, too, did the controversies and corruption. Yet, despite the best efforts of social reformers, bookmakers stubbornly plied their trade, adapting and evolving as horse racing gave way to team sports as the backbone of their business. In Sports Betting and Bookmaking: An American History, Arne K. Lang provides a sweeping overview of legal and illegal sports and race betting in the United States, from the first thoroughbred meet at Saratoga in 1863 through the modern day. The cultural war between bookmakers and their adversaries is a recurring theme, as bookmakers were often forced into the shadows during times of social reform, only to bloom anew when the time was ripe. While much of bookmaking’s history takes place in New York, other locales such as Chicago, Las Vegas, and Atlantic City—not to mention Cyberspace—are also discussed in this volume. A comprehensive exploration of the evolution of bookmaking—including the legal developments and technological advancements that have taken place over the years—Sports Betting and Bookmaking is a fascinating read. This informative and engaging book will be of interest to anyone wanting to learn more about America’s long history with gambling on horse racing and team sports.

An Economic and Social History of Gambling in Britain and the USA

The major ( legal ) bookmaking interest in the recent past has paradoxically therefore not been concerned with horse racing but with other sports . To the British eye this is unusual . In Britain bookmakers dominate horse race betting ...

Author: Roger Munting

Publisher: Manchester University Press

ISBN: 0719044499

Category: Gambling

Page: 252

View: 540


A comparitive history of gambling in Britain and the USA

Sports Betting

A bookmaker, bookie or turf accountant, is an organisation or a person that takes bets and may pay winnings ... Most bookmakers in the USA bet on college and professional sports, though in the UK they offer a wider range of bets, ...

Author: Nicolae Sfetcu

Publisher: Nicolae Sfetcu


Category: Games


View: 461


Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event. Aside from simple wagers--betting a friend that one's favorite baseball team will win its division, for instance, or buying a football "square" for the Super Bowl--sports betting is commonly done through a bookmaker. Bookmakers generally offer two types of wagers on the winner of a sporting event: a straight-up or money line bet, or a point spread wager. Moneylines and straight-up prices are used to set odds on sports such as soccer, baseball and hockey (the scoring nature of which renders point spreads impractical) as well as individual vs. individual matches, like boxing.

The Economics of Sports Betting

These betting exchanges offer lower prices to bettors than traditional bookmakers, since bettors can either back (or buy) or lay (or sell) bets on outcomes in sporting events at prices of their choosing. In traditional sports betting ...

Author: Plácido Rodríguez

Publisher: Edward Elgar Publishing

ISBN: 9781785364556



View: 949


This unique book delves into a number of intriguing issues and addresses several pertinent questions including, should gambling markets be privatized? Is the ‘hot hand’ hypothesis real or a myth? Are the ‘many’ smarter than the ‘few’ in estimating betting odds? How are prices set in fixed odds betting markets? The book also explores the informational efficiency of betting markets and the prevalence of corruption and illegal betting in sports.

Sports Betting For Dummies

With this personal bet example in mind, you'll be interested to know that bookmakers operate differently from a private bet between friends in several important ways: » The bookmaker offers a menu of bets they'd be willing to book.

Author: Swain Scheps

Publisher: John Wiley & Sons

ISBN: 9781119654384

Category: Games & Activities

Page: 464

View: 540


The sports gambling book you can bet on Sports betting combines America's national pastime (sports) with its national passion (gambling). In the U.S., more than a third of the population bets on at least one sporting event every year. With the recent lifting of the federal ban on sports gambling, states are pushing legislation to take advantage of the new potential source of revenue. The best sports betting books are data driven, statistically honest, and offer ways to take action. Sports Betting For Dummies will cover the basics, as well as delving into more nuanced topics. You’ll find all the need-to-know information on types of bets, statistics, handicapping fundamentals, and more. Betting on football, basketball, baseball, and other sports Betting on special events, such as the Superbowl or the Olympics Money management Betting on the internet With handy tips, tricks, and tools, Sports Betting For Dummies shows you how to place the right bet at the right time—to get the right payoff.

Practical Gambling Investigation Techniques

The Sports Bookmaking Operation Sports Bookmaking Terms When you begin an investigation , you must have a general understanding of the terms used by the bookmaker in his day - to - day work . This knowledge will get you through the ...

Author: Kevin B. Kinnee

Publisher: CRC Press

ISBN: 044401649X

Category: Law

Page: 228

View: 748


Practical Gambling Investigation Techniques is an invaluable, one-of-a-kind guide to investigating illegal gambling activities. The book covers the entire sequence of events involved in a gambling investigation from the receipt of a complaint to the preparation for trial. It discusses how to use role camouflage and develop a cover story, how to choose a raid team and assign duties, and how to conduct a search. It also addresses what you need to consider when developing probable cause. The components of a search warrant are examined along with the procedures that should be followed when it is served. The book also offers tips for preparing your case for court. Techniques are presented as step by step procedures, and cases are used to illustrate the concepts covered. Practical Gambling Investigation Techniques is ideal for anyone involved in the enforcement of gambling laws, including local and state police, the FBI, and the Treasury Department.

Then One Day

Next, he moved to the Barbary Coast where he started handling major action, one time "losing" $250,000 on an eight-hour shift. At age 25, Chris became the youngest sports book director in the business at the Club Cal Neva in Reno.

Author: Chris Andrews


ISBN: 1944877193

Category: Biography & Autobiography

Page: 264

View: 134


Then One Day... describes the colorful scene of legal sports books in the memoir of Chris Andrews, who built a Las Vegas career out of sports betting.

Sports Betting Law and Policy

Many Canadian law enforcement agencies have adopted a policy of benign prohibition toward bookmaking because: • The broad expansion of legal gambling formats has dissolved public moral sanctions against bookmaking and made Canadians ...

Author: Paul M. Anderson

Publisher: Springer Science & Business Media

ISBN: 9067047996

Category: Law

Page: 1029

View: 662


Gambling is a significant global industry, which is worth around 0.6% of world trade, that is, around US$ 384 billion; and gambling on the outcome of sports events is a very popular pastime for millions of people around the world, who combine a bet with watching and enjoying their favourite sports. But, like any other human activity, sports betting is open to corruption and improper influence from unscrupulous sports persons, bookmakers and others. Sports betting in the last ten years or so has developed and changed quite fundamentally with the advent of modern technology – not least the omnipresence of the Internet and the rise of on-line sports betting. This book covers the law and policy on sports betting in more than forty countries around the world whose economic and social development, history and culture are quite different. Several chapters deal with the United States of America. This book also includes a review of sports betting under European Union (EU) Law. The book appears in the ASSER International Sports Law Series, under the editorship of Dr. Robert Siekmann, Dr. Janwillem Soek and Marco van der Harst LL.M.

Canadian Organized Crime Second Edition

These individuals are financially established and very active in sports betting action. ... Conduct research into these fantasy leagues and analyze them in the context of sports betting and bookmaking operations.

Author: Stephen Schneider

Publisher: Canadian Scholars

ISBN: 9781773382883

Category: Social Science

Page: 602

View: 633


The second edition of Stephen Schneider’s highly regarded Canadian Organized Crime provides an introduction to criminal syndicates, organized crimes, and enforcement principles and practices in Canada. This widely informative and accessible new edition continues its comprehensive historical, empirical, and theoretical overview of organized crime in Canada with numerous case studies that make the material vivid and understandable for students. Incorporating new research, recent Canadian cases, and current enforcement structures and laws in Canada, this text will give readers a broad understanding of the social, political, and economic forces that contribute to the continued existence of organized crime in Canada. The text examines new trends and developments that have affected organized crime since the first edition, including the ongoing revolution in digital communications (the internet dark web), the proliferation of cryptocurrency, the opioid epidemic, organized criminality in the time of COVID, the growing power of the ‘Ndrangheta in Ontario, the fallout from the implosion of Quebec’s Rizzuto mafia family, and the new business model employed by the Hells Angels throughout Canada. This textbook will appeal to students in criminology, sociology, political science, and law and justice programs, criminal justice professionals working in the field of organized crime enforcement, and readers interested in true crime literature.

Illegal Gambling in New York

There does exist a high quality study of gambling behavior and attitudes in the nation as a whole ( Kallick et al , 1977 ) . That study , built around a sample survey of 2,000 adults , estimated national sports wagering with bookmakers ...

Author: Peter Reuter


ISBN: HARVARD:32044032485831

Category: Book-making (Betting)

Page: 292

View: 789