New York Times speaks to Dr. Derevensky regarding internet gambling, fantasy sports betting

The reason for this is that as part of my research into betting strategies, I found a common theme: It's mentioned in the article that the Unlawful Internet Gambling Enforcement Act of UIGEA this was tacked onto a must-pass safe port bill hours before adjournment for elections. They offer one of the best new player signup bonuses in the business, and they are U. You have to make your own decisions about such things, but our official advice is to obey the laws in the jurisdiction where you live. Our List of the Top Real Money Sports Betting Sites for 2018

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NJ casinos, such as Borgata in Atlantic City, appear prepared to follow soon thereafter. Initial reports indicated that a provision that would have kept Golden Nugget Atlantic City out of the sports betting industry had been changed in the bill:. While we recognize that today the legislation will prohibit us from accepting wagers solely on the NBA, we hope to persuade the lawmakers over time that the total NBA ban is unnecessary and should be limited simply to the Houston Rockets team owned by Mr.

The Week In Sports Betting: Is your state DFS-friendly? A complete breakdown of the state eligibility for major one day fantasy sports sites like FanDuel, DraftKings and more. DraftKings Promo Code Phil Murphy still needs to sign New Jersey sports betting bill into law. Dustin Gouker - Dustin Gouker has been a sports journalist for more than 15 years, working as a reporter, editor and designer -- including stops at The Washington Post and the D. Related Items New Jersey.

You may also like Sports Betting Keep tabs on all the sports betting-related bills in U. By Dustin Gouker Legislative Tracker: Daily Fantasy Sports A regularly updated table of all active and historical bills related to fantasy sports. Dustin Gouker September 17, Source: A reporter called the telephone number for Moser Safety listed on the credit card bill and was told no safety gear was for sale. Asked whether her company was helping an online gambling ring evade U.

During a recent month period, the BetOnline website recorded The statistics do not distinguish between bets and casual visits to the site. The company did not respond to requests for comment. The Times placed wagers through two other popular online gambling sites, Pinnacle, based in Curacao, and Bovada, hosted at a data center on Mohawk territory across the U. Times reporters tried to interview Pinnacle officials at their office in Curacao, but were accused of trespassing and told to leave.

Later, in a statement, Pinnacle said that it "pulled out" of the United States in and that since then, "we have never knowingly taken bets from the United States. The agent instructed the reporter to wire money to an intermediary in Krakow, Poland. The Times opened its account with Bovada using a post office box. Bovada followed up with an email advising that deposits "will often show up on your credit card statement as billed by a foreign company with a name other than Bovada. During one recent month period, Bovada received million visits from computers, with 97 percent coming from the United States, according to an analysis of Internet traffic.

Three years ago, the U. The prosecutor, Paul J. Fishman, said a "new wrinkle" in mob-run gambling rings involved the processing of bets offshore. The authorities did not charge Beteagle itself, nor did it vanish. Several months ago, using electronic search tools, The Times discovered that Beteagle was being hosted on equipment in Piscataway, N.

Generally, a website resides on a server — a type of bulked-up desktop computer connected to the Internet, usually a rectangular box with no screen or keyboard, but containing chips and a spinning hard drive to process and store data. When linked across the world with fiber optics, copper wires and other means, servers give the Internet its computational power.

Servers can host websites, keep accounts, store wagers and work at speeds that backroom bookies, whose tools had not changed since the days of Damon Runyon, could never hope to match. Servers can also be harder to find and raid than those backrooms were.

Online sports betting is illegal in New Jersey, though other forms of online gambling are permitted. A spokesman for Aninowsky, Sean Flanagan, said that while Aninowsky did host gambling sites in New Jersey, he did not operate them. A subsequent statement from Don Perry, director of operations for another Aninowsky company, Choopa LLC, said, "If you are aware of a gambling site s operating on any part of our infrastructure, please let us know.

Within days, the gambling sites left Vultr and are now operating on another network in the United States. Asked about it, Akamai issued a statement saying, "Upon being made aware, Akamai took swift action to notify these two companies and discontinue service.

At the request of The Times, Doug Madory, director of Internet analysis for Dyn, an Internet performance company, analyzed the routes by which computers in the United States gained access to Bovada. Madory concluded that U. Internet traffic is funneled through a private network to the data center on the Mohawk reservation. The private network, which provides direct links to havens of gambling infrastructure like Malta, Gibraltar and the Isle of Man, is called Continent 8 Technologies and was co-founded by J.

Michael Tobin, a former director of Empire State Development, the lead economic development agency for New York state, records show. The Mohawk data center is managed by Continent 8. Continent 8, which is based on the Isle of Man, is licensed to operate in New Jersey.

Offshore gambling sites can be difficult to prosecute, requiring hundreds of hours of labor-intensive work, sources, wiretaps and surveillance. Even if they do, prosecuting other crimes may be deemed more important than stopping illegal gambling. Curtis Coburn worked years undercover for the Plano, Texas, police, building a case against a major gambling ring run out of Curacao. Twice the federal government assigned an agent to the case, but both times the case was shut down.

Eventually Coburn contacted a federal agent he knew and they convinced the Justice Department that the gambling ring was a worthy target. By the time prosecutors broke the ring in , it had processed bets worth billions. The gambling proceeds were used to buy condos in Las Vegas, a casino, gold coins and even railroad boxcars.

Offshore gambling sites, hoping to do business in countries where gambling is legal, are often licensed in small island jurisdictions like Malta, Alderney in the Channel Islands, and Curacao, just off the Venezuela coast, as well as in Costa Rica.

Galea, the consultant on gambling regulation, said the islands took on this responsibility as a way to solicit e-commerce. While Malta strictly oversees these sites, he said, other countries, like Curacao, have been less vigilant. Experts say strict regulation offers some protection against illegally accepting U. The Times gave it a try during a recent visit to Curacao, home to gambling sites that have processed bets from multibillion-dollar criminal betting rings in United States.

A representative of the Gaming Control Board agreed to talk, but changed his mind while a reporter was en route. The Curacao government has issued six "master" licenses for online gambling, with each license holder having the authority to issue sublicenses to other gambling entities without the government knowing about it, according to Emily Cannister of the Justice Ministry.

Galea believes that online gambling must be regulated. Two years ago, he helped New Jersey set up its own regulatory structure after some forms of online gambling became legal there. Elman described himself as a gambler BetCRIS does not covet — he bets small amounts online, and only on boxing, not on team sports like baseball, basketball or, especially, football.

Elman said he collected his winnings a few times, but then that stopped even though he kept winning. Yet Elman said he found a number for BetCRIS after signing on to his betting account on his mobile device, then called to complain.

Even so, Elman said he continued to place small bets and the website continued to tally his results. No expectation of getting paid. Three years after Congress granted a legal exemption to fantasy sports, little had changed in the fledgling industry. Competition remained mostly seasonal and slow to unfold. In , a new company, FanDuel, entered the picture. To shake up this "stagnant" business model, the company decided to focus on the millennial generation — "a very hard-to-reach but very important demographic of to year-olds," he said.

Make the game mobile and make it fast. By far the biggest change has been the introduction of daily fantasy sports. Million-dollar prizes are now common, not just for FanDuel but also for its chief rival, DraftKings. Yet unlike casinos and racetracks, fantasy sports continues to operate free of state or government regulation.

In an interview before the fantasy sports scandal broke, King said he saw no need for regulation. Last week, after questions were raised about bettors using inside information, the company said it was taking steps "to ensure the integrity of our site and our games.

DraftKings is even more aggressive in venturing away from the original fantasy concept. Run largely by poker players and gamblers, DraftKings has started expanding into nonteam sports. It has also begun offering fantasy sports contests in the Hooters restaurant chain.

Fantasy sports companies have also started enticing players with lottery drawings and money for recruiting other players. A new one, called Syde, offers an app that essentially removes most of the skill from picking players. The player picks the side they think will win.

An exception is made for fantasy sports players. One fantasy player who won a seat this year is Max Steinberg, one of many former professional poker players who switched to fantasy sports after three major illegal poker websites were shut down on April 15, , now known as Black Friday.

Steinberg said there were similarities between poker and daily fantasy sports. Fantasy sports has intersected with gambling in other ways. Matthew Boccio, who assesses the value of athletes picked for teams on FanDuel, had been a sports-book analyst at Pinnacle. Salvati, a director of Impact Fantasy Sports, a company focusing on fantasy sports game development, said he also has a stake, along with the professional boxing champion Manny Pacquiao, in two online sports books — both licensed in Curacao.

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Oct 15,  · Cash Drops and Keystrokes: The Dark Reality of Sports Betting and Daily Fantasy Games By WALT BOGDANICH, JAMES GLANZ and AGUSTIN ARMENDARIZ DEC. 18, Continue reading the main story Share. Jul 02,  · The Offshore Game of Online Sports Betting. Oct. 25, Image. Cash Drops and Keystrokes: The Dark Reality of Sports Betting and Daily Fantasy Games. Oct. . The key for successful sports betting is the concept of value. The bettor needs to find prices which are incorrect, and over what they believe the true odds should be. If the strategy is correct, continually placing value bets will lead to long term profit.

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