Yeah that would be $30,000 unfortunately I only bet $100. Sorry about the typo. I was seriously considering 250.00, But decided that even though I liked the odds it was too much to throw away if they didn't make it. Still I'll be happy if the Rockets win it all and I walk away with 3 grand. After today I really think it is possible. Go Rockets
I put about $300 on the Rockets to win the series at +195 odds earlier today. Now the Rockets are about -105 after the game 1 win, so you'd have to risk $105 to win 100 back. I love those odds and think the Rockets have a huge edge over the Mavs in this one and are way better than approx. even money.
My dumbf*ck of a roommate has lost hundreds by making ridiculously stupid 10-team parlays (with baseball...BASEBALL....seriously, who the **** bets on BASEBALL?!?!?!?) on Bodog.com. Waaaaayyyy too many people I know at this school play online poker by the way. Not just there, but Party Poker as well. A friend of mine said he plays with a guy (in person) who sucks. That guy is also down $5000 from online betting. Why even bother playing? Is it that hard to admit that you suck?
It's down to 26-1 here Down Under, and looking at how the brackets have shaped, I put in another $100 on top of the $100 I got earlier this year when it was 43-1
It's actually illegal unless you're in Vegas...so be careful what you write here. I would never bet money on sports. it's wrong wrong wrong wrong wrong.
I think the Federal Wire Act prohibits interstate sports betting. Of course, I have never known anyone who has been prosecuted for it though. Let's heed houstonian's advice and keep all of this hypothetical.
Except all of those sports online betting sites are based overseas (Bahamas, UK, etc.) so it actually isn't illegal.
It's more about old statutes, regional licenses and protecting states revenue. Vegas and their casino owners wants people to *come to Vegas* not sit a home and gamble. So, of course there are lobbyist fighting for prohibitive laws. It's in their best interests. They are not doing this for ethical reasons. They are doing this to protect their profits. It's almost like the Casino cities want to monopolize the act of gambling. Heh...it wont happen. Some law makers makers feel that gambling is a "vice" not a "freedom of speech." It's quite interesting on how the leagal issues are being worked out. Seems like Prohibition. http://sportsgambling.about.com/cs/sportsbetting/a/gamblingonline.htm http://www.gamblingandthelaw.com/internet_gambling.html Is gambling on the Internet legal? from Gambling and the Law Some state and federal law enforcement officials declare flatly, "yes, it's all illegal." Yet with hundreds of websites taking billions of dollars in wagers each year, fewer than 25 people have ever been prosecuted for online gambling. Most were bookies who were also taking sports bets by telephone. A few were unusually foolish. For example, a Pennsylvania operator settled a criminal case by promising the Attorney General of Missouri that he would stop taking bets from people in Missouri. He continued to take bets from Missouri, and ended up pleading guilty to a misdemeanor. So, is Internet gambling legal for those of us who are not taking bets by phone or breaking agreements with prosecutors? Everyone in the United States and Canada is subject to at least two sets of laws, federal and state/province - and an additional set of law if they are on tribal land. There are also laws on the city and county level, but these are usually of no consequence, except to big operators who are openly taking bets in that city or county. Federal governments are not usually concerned with gambling. They do care about organized crime. So there are federal laws in the United States which make it a crime, under some circumstances, to take a bet, if you are in the gaming business. This means that players are not violating any federal laws by merely placing bets. Senator Jon Kyl's first draft of his proposed Internet Gambling Prohibition Act would have made betting a federal crime. But, the U.S. Department of Justice, remembering the bad old days when it had to enforce the earlier Prohibition on alcohol, stated publicly that it did not want to go after $5 bettors. So, today, no one is even proposing making it a federal crime to merely place a bet. Internet operators, especially those who do not have licenses from foreign countries, may be violating U.S. federal laws by taking bets online. The major statute, the Wire Act, was passed by Congress 35 years ago to help the states enforce their anti-bookmaking laws. The Wire Act only applies to individuals in the business of gambling who use a wire, like a phone line, which crosses a state line. Gambling businesses that conduct 100 percent of their activities inside a single state do not violate the Wire Act. There are other federal anti-gambling laws. But most involve committing felonies under state laws. The major weakness of the Wire Act, besides the fact that it was written long before the Internet was invented, is that it was designed to go after illegal bookies. Betting on a sports event or horse race is clearly covered. But, a good argument can be made that lotteries and casinos do not fall under the Wire Act, even if they are conducted interstate or internationally. But there are still laws of the states, provinces and territories. Federal governments may only be interested in organized crime. But states are often interested in saving your souls. Every state has what is known as the "police power." This is the right to protect the health, safety, welfare and morals of its citizens. Of course one man's moral outrage is another man's hobby. Still, every state makes most forms of gambling a crime. Almost half the states specifically make it a crime to place a bet. For example, in California it is a crime to bet at a banking or percentage game, meaning any casino game, outside of an Indian casino. It was also a crime to make, take or even record a bet on a sports event or horse race, outside of a licensed track or OTB. In August, 2001, Gov. Gray Davis signed a law making it legal for Californians to bet by phone or computer on horse races conducted anywhere in the world. It is still a crime for someone in California to bet on a sport events. No ethical lawyer would ever tell you to break the law. But I have not found one reported case, in the history of the United States and Canada, of a player being arrested for making a bet on the Internet. It also does not mean that betting on the Internet is safe. You might not be committing a crime, but how about the operator? Is an unlicenced operator going to run an honest game? About.com thanks Professor Rose for this informative article. Professor Rose, a law school professor and authority on gambling and the law, can be reached at his Website: www.GamblingAndTheLaw.com
Hey, all i know is that i wouldn't leave a permanent record of any sort of activity that might invite someone to make an example of me...it's also probably not in the best interest of the BBS.
Winning NBA Championship Odds Before game 1: Dallas 13-1, Houston 25-1 After game 1: Dallas 18-1, Houston 18-1 After game 2: Dallas 40-1, Houston 13-1 It looks like they figured that the first round is a big hurdle for both team, specially the Rockets.
