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9/9/09 - Moving on from its clash in the courts with the national sports leagues the state of Delaware has released details of what sort of sportsbetting it will offer as it debuts the new sports lottery service this week.
Minimum wagers in the new lottery will be $2, with maximum wagers capped at $3 000, depending on the type of bet. For each wager, gamblers must pick the correct outcomes of at least three NFL games, called parlay bets, or as many as 12.
This is in compliance with the recent court ruling, which restricts the state to parlay bets. Gamblers cannot wager on a single game bet or on sports other than the NFL, the ruling dictates.
Officials said the betting, which will be conducted only at the state's three racetrack casinos, will use three types of preprinted parlay cards offering different types of point spreads. The spreads will include half points to ensure there are no ties.
Betting will begin Thursday before that night's NFL regular season opener between the Pittsburgh Steelers and Tennessee Titans. But because each wager must involve at least three games, there will be no winners or losers until results are in from the Sunday and Monday night games.
"We won't have any winners Thursday night, but people will still be eligible going into the weekend," said acting state finance secretary Tom Cook.
Gamblers can wager on Monday night games as part of their picks for the preceding Sunday, or can combine a Monday night bet with picks in games to be played the following weekend.
Caesars Ipo : Share price soars up to 80 percent on Nasdaq -
02/09/2012 : Caesars Entertainment's IPO launch of 1.81 million shares at $9.06 each met with impressive success on the Nasdaq exchange this week, resulting in an 80 percent bonanza for the company as the stock climbed as high as $17.90
MAJOR ONLINE POKER FIRMS BLACKLISTED BY BELGIAN GOVERNMENT -
02/09/2012 : Belgian government officials have followed up on their threats to block unlicensed operators from accessing the Belgian online gambling market by black listing major internet gambling companies like Chilipoker, Titan, Everest Poker and 888, according to local media reports.
Matusow owes $700 000 To Fulltilt Poker -
02/09/2012 : The furore over a reportedly $16.5 million total debt owed by former Full Tilt Poker professional players to the embattled company continued Wednesday with allegations that Mike Matusow owed $700 000. Matusow immediately denied the claim via Twitter.
BETFAIR USES COMEDY FOR SOCIAL MEDIA -
02/09/2012 : Betfair is trying its hand at comedy, hiring a team of writers to create content for its Betfairpoker Twitter feed.
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