Sports and Gambling News

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Read the latest sports and gambling news here at SportsbookSOS.com. We publish the latest online gambling news and sports news headlines that will inform of what's happening in the gambling and sports sectors. You'll have access to the freshest updates and breaking news in this page.

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Latest Online Gambling News

New NIT Rules and How Teams Can Qualify in 2025

Details: Category: NCAA Basketball; Created: Saturday, 16 November 2024 18:27

The National Invitational Tournament is among the most awaited college basketball tournaments yearly. It is the top postseason tournament in college basketball. The NIT provides teams that fail to qualify for the NCAA Tournament another shot at competing during the postseason. In 2025, there will be new NIT rules.

Rules and qualifications for the NIT are now undergoing ongoing changes due to the increasing number of other playoff tournaments. The National Invitation Tournament phased out automatic invitations for 2024 for any conference champion who did not make the NCAA tournament. Since 12 teams from the Atlantic Coast Conference, Big Ten, Big East, Big 12, SEC, and Pac-12 were guaranteed spots in the 2024 tournament regardless of record, low- and mid-major regular-season winners had a more challenging time making it to the NIT.

Once again, the NIT is changing its selection procedure for 2025. According to bookie pay per head experts, an additional NIT bid will be automatically given to the ACC and SEC, while other leagues will receive only one. With the help of their TV partners, the Big 12, the Big Ten, and the Big East, FOX plans to launch a new competition in 2025. The NIT aimed to thwart the FOX tournament by updating its selection procedure last year. However, FOX formally announced the game earlier this year, forcing the NIT to make even more changes.

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Buccaneers vs Chiefs NFL Betting Pick for 11/04/2024

Details: Category: NFL; Created: Monday, 04 November 2024 15:20

Tonight, we have an exciting Monday Night NFL matchup, with the Tampa Bay Buccaneers taking on the Kansas City Chiefs. There is no doubt that the Buccaneers are the underdog in this matchup. However, this is football and anything can happen. Therefore, can Tampa Bay win despite being the visiting team and less talent? Here is what experts have to say with our Buccaneers vs Chiefs NFL Betting Pick and analysis for tonight’s game.

The Chiefs (7-0) continue to pursue their quest for a perfect season. Kansas City stands as the sole undefeated team in the NFL and commenced Week 9 as one of only two teams with fewer than two losses recorded. Thus, for this matchup, the Chiefs are a huge favorite with bookies having them at a -430 money line.

On the other hand, the Buccaneers, with a 4-4 record are ranking towards the lower end of the NFL Rankings. Furthermore, in terms of total defense, they are at their worst allowing an average of 26.6 points per game. Sportsbooks software have them as a +340 underdog on the money line. While these odds are tempting, gamblers will need a miracle to win a straight up bet on them.

Although the Buccaneers won the Super Bowl title four years prior, the current team bears little resemblance to them. Baker Mayfield has taken over the quarterback position from Tom Brady and has significantly rejuvenated his career. Nevertheless, he faces numerous uncertainties at present, as both of his leading receivers are sidelined due to long-term injuries.

Betting on the US Presidential Elections

Details: Category: Gambling Industry; Created: Tuesday, 22 October 2024 14:27

Up until recently, Betting on the US Presidential Elections was impossible on American soil. Thus, gamblers wanting to bet on it had to use offshore sportsbooks. However, this year things are different. This is thanks to a recent ruling allowing betting on the US elections that took place in September.

Now, the enthusiasm for wagering on the 2024 presidential election continues to grow, and a recent legal decision has made it more accessible for Americans to place their bets.

At Polymarket, a leading online betting exchange, participants have already invested more than $1.2 billion in the US presidential election. This figure includes substantial wagers from two anonymous individuals who have placed millions on a victory for Trump.

Betting market odds have become a topic of discussion among US media outlets and campaign strategists, being referenced similarly to opinion polls and monitored with the same attention as weather forecasts.

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UK Gambling Industry Gives a Sign of Relief After Release of Budget

Details: Category: Gambling Industry; Created: Saturday, 02 November 2024 19:06

There have been speculations that the 2024 budget will include a tax hike for the UK gambling industry. The good news is that tax increases for the sector were not part of Rachel Reeves’ budget. Also, it was the first budget from the Labour Party in 15 years. According to the top pay per head providers, there were several tax increases totaling £40 billion.

As she attacked the economy and the £22 billion deficit that her Conservative party had inherited, Reeves stressed how critical it was for the government to act so dramatically.

Opposition leader Rishi Sunak accused Labour of fiddling with the figures and reneging on election pledges, which led to severe criticism of the intentions.

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Padres Are Looking to the Future After NLDS Loss

Details: Category: Baseball; Created: Saturday, 12 October 2024 16:40

Game 5 of the National League Division Series and the San Diego Padres' season have ended. Despite the disappointing loss, the Padres are looking to the future. Fans still can’t accept the result after a very successful regular season.

Nobody predicted the 2024 Padres would challenge the Dodgers for the National League West and go to the National League Division Series finals. However, there was no mistaking the 2024 Padres' consistent message about their feelings about the outside pressures.

According to sportsbook pay per head experts, they were active in making transactions from the start to strengthen their lineup. They gelled in the second half and cruised into the postseason with baseball's best record after the All-Star break. In the National League Wild Card Series, they had little trouble dispatching the Braves. What a remarkable turnaround for a team widely expected to fail from the start. That is why Friday night's conclusion was so excruciating.

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Warriors Earn Second Straight Blowout Win

Details: Category: NBA; Created: Saturday, 26 October 2024 15:30

second straight blowout win The Golden State Warriors defeated the Utah Jazz in commanding fashion, winning its second straight blowout. According to bookie PPH experts, Buddy Hield scored 27 points, and Stephen Curry added 20 to lead the Warriors against the Jazz 127-86.

In the season's first two games, the Warriors went 2-0 on the road thanks to performances from Andrew Wiggins (who grabbed a game-high thirteen rebounds) and Trayce Jackson-Davis (12 points and nine boards). On Wednesday, the Warriors rolled past the Portland Trail Blazers, 104–140. Kevon Looney added nine points and ten rebounds off the bench for the Warriors, Moses Moody said twelve, and Brandin Podziemski scored fifteen.

The Utah Jazz lost to the Memphis Grizzlies 126-124 on Wednesday. John Collins had 14 points, Lauri Markkanen scored 13, and Collin Sexton and Keyonte George had 12 points each. In addition, Jordan Clarkson had 11 points. Despite being down by nine points and having just four points to show for the opening 4 minutes and 45 seconds of the game, the Warriors' fortunes began to flip when Hield rallied a primarily bench squad to reverse the tide swiftly.

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Playtech is Facing Shareholder Backlash of Bonus Plan for Executives

Details: Category: Gambling Industry; Created: Monday, 07 October 2024 15:05

Once again, sports betting development company Playtech is in the news. However, this time around it is not good news for them. This is because Playtech is Facing Shareholder Backlash after a proposal to give its executives a $110 million bonus. Therefore, some Playtech Shareholders are not happy with the decision due to the lack of performance by the company.

The bonuses are a result of the company's recent €2.3 billion divestiture of its Italian sports betting and gaming division, Snaitech, to Flutter Entertainment. Last month, Playtech made an announcement regarding plans to distribute bonuses amounting to €100 million and €34 million for the management teams of Playtech and Snaitech.

This bonus program, revealed concurrently with the sale, positions Weizer as the primary recipient, although Playtech has not specified the precise sum he may obtain.

Additionally, executives will be eligible for 10% of the profits from any future sales, a provision that has raised apprehensions among investors.

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