European sports betting is big business. And it's getting bigger all the time. France gave sports betting official sanction in 2010, along with poker and horse racing. Germany followed suit two years later, granting private companies the right to offer gambling amenities.
Baseball's All-Star Game is being played in Cincinnati, and new MLB Commissioner Rob Manfred has allowed former Reds player Pete Rose to participate. He even said he'll review Rose's case, to see if the all-time hits leader should be reinstated. Here are 10 dumb arguments in favor of Rose.
So what can we learn from the in-running markets about the debate between Vice-President Joe Biden and Congressman Paul Ryan? It is in fact possible to visualize the shape a contest is taking by simply following the flows of money tracing their way through the relevant markets.
Prohibitionists appear to ignore the fact that most gambling sites, like any reputable business, rely on customer loyalty to remain profitable. The necessity of maintaining a strong customer base would motivate legal American service providers to offer legitimate, reputable gambling sites.
"Intrade for political professionals is like the ultimate insider training. I feel like Martha Stewart. You take the industry you live and breathe and know and love and hate, and you make money off of it."
We are all used to a diet of falsehoods and fabrications, and we've come to accept it. I'm glad that Mitt Romney called out Governor Perry, and I thought we all learned a lot when Governor Perry chickened out.
Each year, I write a column on Derby Day, and if you have followed my advice, you have lost a lot of money. The large fields at the Kentucky Derby throw logic out the window. Still, the betting system I tour is a good one.