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Betting On Politics
Posted 5/30/11 :
Aussie senator's new bill designed partly to discourage wagering on political outcomes
Australia's vehemently anti-gambling independent politician, Nick Xenophon, says that his new anti-micro gambling measure is at least partly designed to counter political wagering on Australian elections.
In an interview with ABC TV reported Sunday, the senator warned that gambling has the potential to corrupt the political process.
Australia is currently being wracked by political manouevring on gambling clampdowns mainly associated with land activity but spilling over into promotional elements on the pastime (see previous InfoPowa reports).
The federal government is dependent on the support of independent politicians who are leveraging the situation to press initiatives that could have a serious impact on the bottom line of gambling companies.
Xenophon said he plans to introduce a bill into Parliament designed to prevent the corruption which could occur when political staffers with inside knowledge place bets on electoral outcomes such as election results in a particular seat.
''I think micro-betting gives macro opportunity for corruption,'' he told the television station. ''And I think at the last election there was speculation that some party insiders were betting against their own party. And if they are privy to information, confidential information, polling, if they know what's about to break, that could influence the odds.
''And I think that we need to clamp down on micro-betting because the potential for harm, the potential for corrupting outcomes is just enormous.''
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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