Deutsche Telekom and Centerbridge to bid for betting firm Tipico: sources | Reuters

XIO Group, a China-based buyout firm, is also expected to bid, while Czech lottery firm Sazka, which is owned by investors Emma Capital and KKCG, is unlikely to present a high offer, two other sources said. The planned offer may value Tipico at about 1 billion euros ($1.1 billion), or roughly 9 times its expected … Continue Reading

5 myths of sports betting legalization

This mirrors a similar concern that some had 25 years ago when Indian and commercial casinos began sprouting up all over the U.S. In that time span, we all know that Vegas has flourished. Illegal sports betting has some characteristics that can lead to problem gambling more than legal betting would. The thought process here … Continue Reading

Using Reverse Line Movement To Win

Keep a close eye on Canbet here, as that Australian sportsbook cracked the top five both years. The proper way to make a sports bet using reverse line movement is to place your bet as soon as there is an RLM of one full point (or 10 cents in MLB and NHL) off of the … Continue Reading