For as long as games of chance have been around there have been gamblers who’re convinced that they can beat the house by doubling their bets after losses. This is so popular that it even has a name. It’s called the Martingale system.
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Will there be a 2020 Major League Baseball season? Commissioner Rob Manfred is doing everything in his power to try and make that happen, although it obviously will be much shorter than 162 games. One interesting report last week was that MLB could abandon the traditional American and National League split and instead have a Grapefruit and Cactus League. Divisions would then be split up by proximity of spring camps in Florida and Arizona.
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The time arrived Monday morning, with the announcement that The SuperBook’s first foray beyond Nevada will be in Colorado, in a partnership with Jacobs Entertainment Inc. The SuperBook’s second shop will be at The Lodge Casino in Black Hawk, Colorado - a former mining town-turned-gaming destination about an hour from Denver.
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A lucky horseracing gambling fan just got the win of a lifetime, and the track where the races took place got the best marketing it could have ever hoped for, and it didn’t cost the venue anything. Gulfstream Park in Florida held a series of races this weekend in front a track that would normally be spilling over with spectators.
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The XFL suspended operations Friday morning, and multiple sources told ESPN that the league has laid off nearly all of its staff -- a handful of executives remain employed -- and currently has no plans to return in 2021.
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Horse racing is still on track, even though the coronavirus has forced the pro sports world to cancel everything else. Gamblers in Florida, California, Arkansas and Oklahoma can play the ponies, even though crowds remain banned at the tracks, according to TMZ.
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Indiana’s gambling revenue plunged in March after the state banned large gatherings to stem the spread of the coronavirus, forcing the closure of casinos and the cancellation of major sporting events.
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UFC 249 will not be held at a California tribal casino this month after broadcaster ESPN reportedly refused to air the event due to COVID-19 concerns.
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Research conducted by US online social poker room Global Poker has revealed that the use of online poker sites in the United States has increased by 43% following the implementation of the COVID-19 imposed social distancing and lockdown measures.
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Indiana’s retail and online sportsbooks were hit hard in the first weeks of the coronavirus shutdown, costing the state an estimated $125 million in wagers in March, according to PlayIndiana. And with no immediate end in sight, the industry will continue to navigate treacherous waters in the months ahead.
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The booming sports betting industry has been tag-teamed by an unexpected, unprecedented force. Not only is every retail sportsbook in the nation closed, the sportsbook industry has been besieged by a global sports freeze that has limited offerings to niche sports such as table tennis, chess, sumo wrestling, and Belarusian soccer.
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A ‘Gambling Report’ constructed by Esports Insider’s Cody Luongo has highlighted how the ongoing COVID-19 outbreak has resulted in the esports betting sector acting as a substitute to various live-sport events for bookmakers.
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