bets

How do bookies make money on sports betting?

Oct 11, 2013
This Sunday’s game between the Denver Broncos and the Jacksonville Jaguars has already made history: The spread on the Las Vegas betting line is one of the biggest ever. So where does that number come from?
Posted In: Sports, bets, NFL

Intrade shutdown hurts academics (and gamblers)

Mar 11, 2013
The Dublin-based online trading platform Intrade ceased all trading activity Sunday, citing “circumstances” that may include financial irregularities. Meanwhile, many academics and journalists who used the site to gauge public sentiment lose a source of data.
Posted In: intrade, bets

Super Bowl prop bets go beyond the big game to Kobe's score and Beyonce's hair

Jan 25, 2013
You can get odds on more than the score and game play during the Super Bowl. These proposition bets, or prop bets, let you wager on everything from the Super Bowl going into overtime, to Beyonce's hairstyle at halftime.
Posted In: bets, Super Bowl, Entertainment, gambling

JPMorgan takes a $2 billion fall

May 11, 2012
Huge trading losses by America's biggest bank strengthen advocates of the Volcker Rule and tougher bank regulation.
Posted In: JPMorgan, Jamie Dimon, bets, Wall Street, Volcker Rule

No more wagers on Greek exit

May 10, 2012
As an exodus in the European Union becomes more a sure thing, two of London's largest bookmakers shut down the markets for bets on Greece leaving the E.U. and the existence of the euro in a few years.
Posted In: Greece, bets, gambling, bookmaker, euro, Eurozone