Friday, October 22News That Matters

Tag: Gambling

New York Gamblers Cross Into New Jersey to Place NFL Bets Online

New York Gamblers Cross Into New Jersey to Place NFL Bets Online

Sports
Towering majestically above the Hudson River, the George Washington Bridge is a remarkable feat of engineering to some. For others, it is a snarled, trafficky headache.For a few cagey gamblers from New York, the mighty span is the most convenient sports book and casino in the region.You can spot them, especially on autumn Sundays, sitting by their bicycles, scooters and Vespas on the New Jersey side of the bridge, staring at their phones as they process the numbers on their screens.The Packers minus 6½ points. The over/under in the Giants game. The Patriots to win outright.“Let’s see how I do in the 1 o’clock games,” Colman Cooper, who biked over the bridge from his home in Upper Manhattan to make his bets last Sunday, said. “If I win, I might ride back over for the 4 o’clock games.”New Yo...

N.F.L. Week 3 Predictions: Our Picks Against the Spread

Sports
After quarterback Andy Dalton injured his knee on a scramble last week, Coach Matt Nagy said the rookie Justin Fields will start Sunday against the Browns (1-1). Excitement over Fields dominated training camp and the preseason, and he could slide in as starter for the Bears (1-1).He’ll need to play well to match the Browns, who have scored at least 28 points in their first two games. Wide receiver Jarvis Landry must miss at least three games on injured reserve with a knee injury, and Odell Beckham’s status is still unclear as he continues to recover from knee surgery. Still, the Browns’ defense could fluster a rookie quarterback into a mistake or two. Pick: Browns -7.5Atlanta Falcons at Giants, 1 p.m., FOXLine: Giants -3 | Total: 48.5If Saquon Barkley’s limited production through the first...
The N.F.L.’s New Play: Embrace Betting Ads, Watch the Money Pour In

The N.F.L.’s New Play: Embrace Betting Ads, Watch the Money Pour In

Sports
Betting has long been a part of the National Football League’s DNA. Two of its founding fathers, Art Rooney and Tim Mara, were gamblers.Rooney bankrolled the early years of the Pittsburgh Steelers with a small fortune he won at Saratoga Race Course. Mara, his close friend, was a bookmaker who bought the New York Giants for $500.For decades, however, N.F.L. officials went to great lengths to distance the league from the tens of billions of dollars wagered on its games — legally in Las Vegas but also with offshore sports betting shops, in office and bar pools and among illegal bookies. The N.F.L. backed the Unlawful Internet Gambling Prohibition and Enforcement Act of 2006 and fought New Jersey’s efforts to allow its casinos and horse tracks to take bets on football games.“We’re trying to do...
The N.F.L. Made Some Changes Since the Last Time You Watched

The N.F.L. Made Some Changes Since the Last Time You Watched

Sports
Watching a linebacker in a No. 9 jersey sack a quarterback is like watching a cat catch a Frisbee. It’s so strange that it’s a little disorienting.The N.F.L. relaxed its longstanding uniform numbering policies for the 2021 season, making single-digit jerseys available to linebackers, defensive backs, running backs and wide receivers. The change will take some getting used to. There were so many low-number jerseys running around the field in preseason games that it looked as though the punters and kickers had staged an uprising.The single-digit revolution would not be so jarring if the league’s biggest stars were given first dibs on the coveted jerseys. After all, Nos. 1 through 9 have been common at nearly every position in college football for decades because they are effective enticement...
Crypto Nomads: Surfing the World for Risk and Profit

Crypto Nomads: Surfing the World for Risk and Profit

Business
It is just after midnight in Hong Kong, and Sam Bankman-Fried stares at the trading data on his six monitors, watching a global cryptocurrency crash happening in real time.Mr. Bankman-Fried, a 29-year-old from California, often works around the clock, as he was on that May evening. He naps on a beanbag set up near his computer. A folded up blanket sits on the floor. He’s worth at least $8 billion, on paper.That is even after the downturn that started in the spring, where total global losses in the value of all cryptocurrency eventually topped $1.3 trillion. And as Mr. Bankman-Fried saw it play out, he knew his business played a role in the collapse.Cryptocurrency — digital money not backed by any nation — is famous for its wild and frequent gyrations. But FTX, the cryptocurrency trading pl...
The Gambling Company That Had the Best Pandemic Ever

The Gambling Company That Had the Best Pandemic Ever

Business
The world that her father credits Ms. Coates with creating is reflected in a television ad for bet365 that ran before the Stoke-Watford game. It featured the actor turned pitchman Ray Winstone, who sat in the back of a luxury sedan, dressed in a dark suit, idling in traffic and exuding ease and control.“At bet365 we’re always innovating and creating,” he said in a Cockney accent, staring at the camera. Cellphone in hand, apparently ready to place some wagers, he ticked through a list of those innovations, including something called “in-play betting.”In-play betting allows customers to wager throughout a sporting event, on minutiae that has little bearing on the outcome. How many corner kicks will there be in the first half of a soccer game? How many players will be ejected? What will happe...
What Sky Bet, The Gambling App, Knows About You

What Sky Bet, The Gambling App, Knows About You

Business
LONDON — When Gregg finally stopped gambling in late 2018, he was in a dire financial position. He had lost nearly $15,000 during a nine-month betting binge, on top of two outstanding loans totaling more than $70,000 and a mortgage of more than $150,000 on his small home in Britain.Now he is on a hunt to know whether his favorite gambling app, Sky Bet, knew about his problems and still tried to hook him.Records show that Sky Bet had what amounted to a dossier of information about Gregg. The company, or one of the data providers it had hired to collect information about users, had access to banking records, mortgage details, location coordinates, and an intimate portrait of his habits wagering on slots and soccer matches.After he stopped gambling, Sky Bet’s data-profiling software labeled h...