Month: June 2018

2018 World Cup Betting Advice: Handicapping Third Games

On Sunday the second round of the round-robin portion of the 2018 FIFA World Cup comes to an end. From Monday to Thursday the final games of round robin will take place, and all of the spots in the elimination rounds will be claimed. It marks a shift in the flow of the tournament, and not in a good way. There are four games instead of three per day, and more should be better. But both games from a group are played at the same time, so your thumb is going to get plenty of exercise as you flip from channel to channel between the games.

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These games are a little different for bettors than the first two, and you need to be aware of those differences to give yourself the best chance of betting success that you can. Here are five factors to keep in mind when betting these games:

Do they need the game?: agen piala dunia All four teams in a group play at the same time, so any team that has not yet been eliminated still has something to play for in the games. The first step, then, when looking at any of these games is understanding what is on the line for every team. This should be obvious, but a lot of bettors don’t go deep enough when looking at the games. You need to start by looking at whether teams have a chance of advancing. Then you need to look at what it will take for them to advance. Is a win enough? Do they need to win by a wide margin to get the goal differential where it needs to be, or is any win good enough? Will a draw help or hurt? Do they control their own destiny, or does the outcome of the other game control their fate? Motivation can vary widely in these games, so the more you can think about these questions and similar ones, the better off you will be when betting these games.

What comes next?: If a team is already advancing regardless of the outcome of this game then you need to really think about what lies ahead for them. Can they win the group with a win, or is where they finish out of their control? If they have some control of their fate then is there clearly a place that is preferable? Sometimes finishing second in a group may be favorable to finishing first because it lines up a more favorable opponent in the Round of 16. Health needs to be a real consideration here as well. If a team has been banged up, and they have a key player or key players who are hurting then resting and getting ready for the Round of 16 will likely be a lot more important than a particular result in this game. Again, it all comes down to motivation, and the likelihood that you will see some version of the best game from a team.

The Rundown: Sine die! After multiple special sessions, sales tax renewal approved to shore up state finances

Today in The Rundown: The Legislature has wrapped up another special session — this time agreeing to renew a sales tax hike to prop up the state’s perpetually distressed budget until at least 2025.

Programming note: With the end to the special session, poker indonesia The Rundown is taking a brief hiatus. You won’t be seeing it in your inbox as regularly, but be sure to subscribe for when we ramp back up. Thanks so much for reading!

Be sure to sign up to get The Rundown in your inbox by filling out the form here.

The Countdown…

Days until the start of the new fiscal year: 6

The News

Session: The Legislature wrapped up its third special session of the year Sunday night. Unlike past special sessions that collapsed after lawmakers couldn’t reach a tax deal, this one ended with a sales tax revenue stream that will run through 2025.

You know again, we’re going to have to look at all of the options that we have, the way that we address sales tax internally. There are other states now that are going to have to adjust their own state laws in order to take benefit from this ruling, and adjust to the new Internet tax and how that’s going to be done. So we have to kind of wait and see how different states go about it, make some decisions about whether there’s anything we can do within the state, and then beyond that I think there’s a case to be made that Congress probably should get into this issue a little bit more deeply.

But it seems like confusion is going to rain for a while.

Well I mean, I’ve heard that this is going to be into effect within 30 to 90 days. That’s something that our retailers are going to have to really ramp up on, and we’re going to have to see what we can do to help them.

So what advice would you give a retailer in New Hampshire right now?

Well I would say pay very close attention to what goes on the next week or two, and get an idea from us as we start to be able to really get into what the implications of this will be and what the requirements will be. We’ll certainly be willing to work with businesses to answer any questions they might have.

On the flip side, if Leonard and the Spurs are donezo, they need to weigh alternatives. Unloading him onto a team that doesn’t need to send back equal money puts them in play for more expensive signings. Packages built around picks and prospects will beg them to hit reset, but they’ll need to consider more immediate-leaning moves if they’re not planning to reroute Aldridge.

N.H. Officials Respond to SCOTUS Decision on Internet Sales Tax

A major U.S. Supreme Court ruling last week could force New Hampshire businesses to collect a sales tax on behalf of other states.

The ruling in the case of South Dakota v. Wafair overturned more than 50 years of legal precedent. The decision is seen as a blow to New Hampshire businesses, which say collecting a sales tax on behalf of other states is burdensome.

Morning Edition Host Rick Ganley spoke with Taylor Caswell, a commissioner at the New Hampshire Department of Business and Economic Affairs, about how the state plans to respond.

Editor’s note: this transcript has been edited lightly for clarity.

Governor Sununu and numerous state officials, you included, have come out against this ruling saying that it would be bad for the state’s economy. Can you explain how this would affect the average New Hampshire small business owner for instance?

Sure, for years we have operated like every other state. There’s a physical presence rule that goes with the charging of sales tax. poker domino And for years that’s worked very well. This decision overturns that physical presence rule and says effectively that even if you sell as a retailer outside of New Hampshire to another state, you have to charge a sales tax for that taxing authority, that state or that locality into which you’re selling, hold on to it, process it and then send it into that state at the end of the year, or at the end of the quarter. When you consider that there are 12,000 separate taxing entities across the United States, and you consider that New Hampshire is not one of them, it is a burdensome issue. And it’s really one that, for me, emphasizes the fact that New Hampshire has had a very definitive affirmation that says we do not charge state sales tax. And we’ve done that to give our residents and our retailers a competitive advantage, quite frankly, and now that’s in a lot of ways being taken away from us.

Okay, so what about consumers living in New Hampshire? You mentioned that New Hampshire advantage that we’ve always pushed.

Well, I mean one would imagine that the new administrative burden that is now going to be placed on our retailers is going to somehow find its way into the cost of products that inherently have never had sort of that tax addition to the cost. I think we’re seeing a lot of employers, especially in downtown retailers that are looking for a way to supplement what they are selling right there on Main Street by being able to access the Internet in the same tax free way — traditionally that we’ve been able to do it in New Hampshire. It takes away that option. And I haven’t had an opportunity to talk to a lot of retailers just yet, but I have to imagine that the impact of collecting, and monitoring and applying to these 12,000 districts is going to be a burden on them. That’s going to be a cost.

NBA Teams Entering Franchise-Altering Free Agency

Jason Miller Images

Free agency is an important time for every NBA team. Even the squads that don’t have cap space will face certain stakes come July 1.

Some teams trip over themselves to add A-list talent. Others try to prevent irreplaceable players from leaving. Capped-out suitors must hunt for bargains. Rebuilding teams aim for leaps. Fallen contenders adapt to new realities.

What happens over the summer is a tone-setter. We’re looking for the franchises with the most on the line. Run-of-the mill stakes don’t cut it.

The Denver Nuggets are a good cutoff for this exercise. They’re declining Nikola Jokic’s team option and plan to offer him a five-year max deal, according to Yahoo Sports’ Shams Charania. His salary in 2018-19 roughly $25.3 million will drag them into the luxury tax $123 million.

Scores of offseason scenarios are now on the table for them. daftar poker Do they submit to the tax and keep their core together? Will they let Will Barton walk in free agency and cut additional costs? Are they so committed to their nucleus they’ll sweeten salary dumps on all their expiring contracts, look to spend money on free agents and then cannonball deeper into the tax by reupping Jokic after the fact?

Denver’s summer will be big, but not big enough. More precarious situations will get the apple of our affections—extreme cases in which entire eras and windows, both new and old, are hanging in the balance.

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Every offseason has been a course-correcting experience for the second-era LeBron James Cleveland Cavaliers. His short-term contracts kept them on default tilt, while the Golden State Warriors’ budding dynasty and Kyrie Irving’s departure contributed to annual wholesale reassessments.

This summer won’t be any different. If anything, it will be the most crucial offseason the Cavaliers have faced since James returned in 2014. He has their entire future on a string as he contemplates his player option.

Losing him will be a death blow. Depending on the day, it’s also the most likely outcome. The Houston Rockets, Los Angeles Lakers and Philadelphia 76ers, among a select few other teams, are all expected to pique his interest, according to the New York Times’ Marc Stein. Each destination arguably offers him a better crack at taking down the Warriors in the short or long hauls.

If he leaves in free agency or by way of a forced trade, then James will force Cleveland to start over. Though Clevelandm’s Terry Pluto has heard the Cavaliers will resist a full-scale teardown, they’ll have no other choice. A soon-to-be 30-year-old Kevin Love, Collin Sexton, a mishmash of veterans and scattered youth does not equate to relevance.

“They have some ammo now, thanks to that Nets pick Sexton, but they are poorly prepared for a potential transition of this magnitude,” ESPNm’s Zach Lowe wrote. “If LeBron leaves again, it will be a long while before we are talking about Cleveland basketball in May.”

Tanking has finite appeal since lottery reform will take effect ahead of next year’s draft. The Cavaliers will consider plumbing rock bottom anyway. Collecting losses still improves their chances at landing a top selection, and the draft is their best hope at getting another cornerstone for the post-LeBron cycle. Cleveland is not a free-agent hot spot without him, and the Cavaliers won’t have cap space even if he bolts.

Was A Tax Case Really About Abortion?

When is a historic Supreme Court decision about sales tax not mainly about sales tax? When it’s really about preserving – or overturning – Roe v. Wade, Citizens United, or both.

To understand what just happened at the Supreme Court, we need to think beyond the headlines. Those headlines were simple enough: Last week a 5-4 court majority struck down the central holding of Quill v. North Dakota, a 1992 case that declared a state cannot impose sales tax collection obligations on a business unless that business has a physical presence within the state. The ruling in South Dakota v. Wayfair was a victory for states hoping to force online retailers to collect sales taxes on their behalf.

This is almost certainly not the whole story, nor even the most important story, about the impact of this decision. We can tell from the strange composition of the five-member majority that voted to overturn Quill, and the almost equally curious grouping of four who dissented and would have kept it intact.

Justice Anthony Kennedy wrote the majority opinion. As the typical “swing” vote between the court’s conservatives and liberals, he often gets to write decisions in the most closely contested cases. Sometimes that is the only way to ensure his vote with the majority. But this time, the decisive vote to overturn Quill came not from Kennedy but from Justice Ruth Bader Ginsburg. You can bet something strange is happening any time “the Notorious RBG” is part of a five-justice majority that also includes Kennedy and Ginsburg’s polar opposite, Justice Clarence Thomas, but not her three fellow liberals.

Those three – Justices Sonia Sotomayor, Elena Kagan and Stephen Breyer – joined Chief Justice John Roberts’ dissent. They would have kept Quill intact, even if they believed it should have been decided differently, to honor the judicial principle of “stare decisis.”

Stare decisis asserts that once the courts have settled a precedent, other courts of equal or lesser authority should make every effort to follow that precedent. situs judi online Wayfair overturns not one, but two previous Supreme Court decisions in the name of fixing perceived missteps in Quill and its predecessor, the 1967 decision National Bellas Hess v. Department of Revenue of Illinois.

Roberts directly stated that he agreed those cases had been wrongly decided; where he differed from the majority was in contending that Congress, not the Court, should correct the problem. “The Court should not act on this important question of current economic policy, solely to expiate a mistake it made over 50 years ago,” Roberts wrote.

If, as Kennedy wrote in the majority opinion, the Court should indeed exercise its power to correct a “mistake” it made 50 years ago and later affirmed, then the “mistake” of Roe v. Wade is in mortal peril. The views of Supreme Court nominees on stare decisis have long been a proxy for willingness to overturn Roe, and it seems unlikely that this was lost on the three liberal justices who joined in Roberts’ dissent.

States unequal winners in online-tax ruling

NEW YORK — The U.S. Supreme Court’s decision on online sales tax is viewed as a victory for states, but those with aggressive collection policies, such as New York and California, could be challenged by online retailers.

By overturning a ruling that had made much of the Internet a tax-free zone, the court delivered a victory to South Dakota and effectively blessed its model of collecting sales tax from online retailers. Justice Anthony Kennedy defended the state’s measures as preventing “discrimination against or undue burdens upon interstate commerce.”

South Dakota taxes most products at a single rate, exempts small sellers and doesn’t allow retroactive collection. New York and California’s rules are more complex, and those states have sought to increase sales tax collection by using broader definitions of what it means to do business within their borders.

Both states already require retailers to collect tax if they have digital ties to the states.

“New York and California would likely have to make some pretty big changes,” said John Buhl of the Tax Foundation. “South Dakota has a uniquely simple law since it generally taxes all consumer purchases instead of carving out a bunch of exceptions, and online sellers can remit their taxes to the state instead of each and every locality.”

The decision reverses a 26-year-old standard that allowed states to levy sales taxes on e-commerce sales only if the sellers had physical locations in the state.

Among the biggest winners are small or less populous states where retailers are not as likely to have stores or employees.

While states like New York may be emboldened to test the bounds of what’s now possible, situs judi bola retailers are likely to rein in those states through legal action.

The New York State Department of Taxation and Finance didn’t respond to a request for comment.

“This decision is not the end of the days for this case,” said Jamie Yesnowitz, a National Tax Office leader at accounting firm Grant Thornton.

Rep. Tom Reed, R-N.Y., said he supported the ruling’s creation of a level playing field between online sellers and physical retailers. But he said he’s concerned that it will create a complex web of online sales rules that could prompt some businesses to move.

“When you are dealing with the virtual cloud, it gets complicated,” Reed said. “This is an area that’s very much in a state of disruption.”

Online retailers will have to deal with a hodgepodge system until Congress enacts a federal standard, which is unlikely this year given the midterm elections in November.

Amazonm and Overstockm are among the companies that say they support a nationwide law that would relieve retailers from dealing with a patchwork of state tax laws.

Lawmakers have tried unsuccessfully to pass online sales tax legislation for years, with the most recent attempt failing after several conservatives called the provision a tax increase on online shoppers. Some Democrats also opposed the measure.

‘I am a betting addict and I want to quit’

AFP No-one under 18 is now allowed into a betting shop

Gambling is a multi-million dollar business in Kenya, but there are more losers than winners – with an increasing number of young people chancing their luck, writes Anthony Wanjiru.

The grey weather had not dampened the mood at the Mozzart Betting Shop in Westlands, Nairobi.

The punters continue to loudly place their wagers in the betting store, which is one of the many that dot Kenya’s capital.

This is where I meet Ken Karanja, 29, who best embodies the gambling culture beguiling many young people in the city.

Ken Karanja, truck driver:

“I am a betting addict”

He lives in Rwaka, a cosmopolitan area about 15km nine miles north-west of Nairobi, and makes 3,000 Kenyan shillings £22; £30 a day as a truck driver – money which he often gambles away.

“I am a betting addict. I bet 100 Kenyan shillings a day and 1,000 to 1,500 Kenyan shillings during weekends,” he says.

He used to frequent what were known as gambling dens, which were unregulated and where children could also place bets.

In the last four years, agen sbobet these have closed down, to be replaced by online gambling services – with people using their mobile phones, cyber cafes or one of the chains of new betting shops to place bets online on anything from the local league to World Cup matches.

Allure of instant money

This move has made it easier for people to place bets.

Mr Karanja has lost about $5,000 during a six-year gambling period. He bets because he wants to recover what he has lost, sometimes borrowing money or even charging his clients before doing a job.

Kenya has the highest number of young people in sub-Saharan Africa – between the ages of 17-35 – who gamble frequently, a 2017 GeoPoll survey found.

Another study from 2016 estimated that 78% of university students were problem gamblers.

The country is the third-largest gambling market in Africa, after Nigeria and South Africa.

Figures from the gambling regulator, the Betting Control and Licensing Board BCLB, show that gross gambling revenue for the 20162017 financial year was $198m £151m – equivalent to about half of the annual health budget.

However, the allure of instant money has come at a cost.

In 2016, a university student hanged himself after losing about $790 on a bet. Since then, more than five suicides and cases of bankruptcy, domestic violence and evictions have been reported.

To deter Kenyans from becoming problem gamblers, the government has introduced some taxes – the first, which came into affect in January, means betting firms must hand over 35% of their profits.

Nelson Gaichuhie, a senior official at Kenya’s Treasury, says a second tax, to be introduced soon, will target gamblers themselves – taxing winnings.

Online betting firms gamble on soccer-mad Nigeria

Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable.

ALSO READ: Safaricom launches loyalty promotion

For years, mobile payments failed to take off in Nigeria as they have in countries such as Kenya, where Safaricom’s M-Pesa money transfers have fostered a culture of cashless payments.

Fear of electronic fraud and slow internet speeds have held Nigerian online consumers back but betting firms says the new, fast digital payment systems underpinning their websites are changing attitudes towards online transactions.

“We have seen significant growth in the number of payment solutions that are available. All that is definitely changing the gaming space,” said Seun Anibaba, CEO of Lagos State Lotteries Board, gaming regulator in Nigeria’s commercial capital.

“The operators will go with whoever is faster, agen piala dunia whoever can connect to their platform with less issues and glitches,” he said, adding that taxes from sports betting in Lagos State rose 30 percent to 40 percent in 2017 from 2016.

Avoid becoming a victim of Fake News. Subscribe to the Standard Group SMS service by texting ‘NEWS’ to 22840.

That growth has been matched by a rise in web payments, according to data from the Nigeria Inter-Bank Settlement System NIBSS, which is owned by the central bank and licensed banks.

In 2016, there were 14 million web payments worth a total 132 billion naira $420 million. Transactions leapt to 29 million worth 185 billion in 2017 and in the first quarter of 2018 there were nearly 10 million worth 61 billion.

With a young population of nearly 190 million, rising mobile phone use and falling data costs, Nigeria has long been seen as a great opportunity for online businesses – once consumers feel comfortable with electronic payments.

Online gambling firms say that is happening, though reaching the tens of millions of Nigerians without access to banking services remains a challenge for pure online retailers.

ALSO READ: Heavy losses as illegal gambling machines are impounded

British online betting firm Betway opened its first African business in Kenya in 2015, followed by Uganda, Ghana and South Africa. It launched in Nigeria in January.

“There is a gradual shift to online now, that is where the industry is going,” Betway’s Nigeria manager Lere Awokoya said.

“The growth in the number of fintechs, and the government as an enabler, has helped the business to thrive. These technological shifts encouraged Betway to start operating in Nigeria,” he said.

FINTECH COMPETITION

Betting firms cashing in on the soccer frenzy whipped up by Nigeria’s participation in the World Cup say they are finding the payment systems created by local startups such as Paystack are proving popular online.

Paystack and another local startup Flutterwave, both founded in 2016, are providing competition for Nigeria’s Interswitch which was set up in 2002 and was the main platform used by businesses operating in Nigeria.

Odds Shift in Battle For Sports Betting Supremacy: Part II

The post Odds Shift in Battle For Sports Betting Supremacy: Part II appeared first on SportsHandle.

In Part II of this look at the major players in the highly contested race for dominance in the emerging business of legalized sports wagering, Sports Handle continues its examination of prospective operators as they try and plant their corporate flag in the various states legalizing sports betting. Read Part I here.

We continue to use our “futures book” format to handicap prospects and developments in the wake of the U.S. Supreme Court ruling in May, in which the high court overturned the federal law that had banned single-team sports betting in every state except Nevada. And we reconsider what we predicted in the beginning of March, and what we might expect in the immediate future.

Our future book odds have been adjusted accordingly.

With an Expansion of Legal U.S. Sports Betting as More Sports Betting Legislation Passes, Which Operators Will Reign Supreme? Handicapping the Field. GVCLadbrokesCoral:  301 opening line 20-1

It’s hard to believe the combination of these major European brands, through recent mergers and acquisitions, has for the most part been non-factor in the emerging U.S. sports wagering marketplace. The exception is Scientific Games’ usage of its “Stadium” betting platform in Delaware.

As we pointed out in March, this conglomeration has the biggest share of the betting action in the UK, Germany and Italy. poker indonesia There’s been no announcement of their possible expansion, beyond Stadium, into the U.S., but it wouldn’t be surprising if they were negotiating behind the scenes in a major state where they might be able to set up shop. Many prospective states, including Connecticut, have quietly sent out RFP’s requests for proposal.

As we said, GCVLadbrokesCoral ownscontrols Stadium Technology Group, software provider of the most widely-used betting platform in Nevada. Oddly in Delaware, Scientific Games, through its lottery division, manages the technical logistics of sports wagering but is using another company’s GCVLadbrokesCoral betting platform with the “risk management” overseen by William Hill.

This strange alignment leads to the assumption that we could see more of this kind of arrangement in other states new to sports betting.

Churchill Downs .:  401 opening line 30-1

We pointed out in March that the company bought Presque Isle Downs, a racetrack with slot machines in Erie, Pennsylvania, in a move that may have been partially prompted by the desire to become a major national sports wagering brand name. That speculation was bolstered by the recent announcement that the Churchill has joined with Golden Nugget Atlantic City GNAC to offer legal sports betting and online gaming markets.

Churchill Downs said at the time it hopes to begin accepting legal wagers for sports betting and online gaming in New Jersey during first quarter 2019. The company and Golden Nugget owner Tilman Fertitta had to be holding their collective breath when New Jersey lawmakers initially wanted to exclude GNAC from sports betting because of billionaire Fertitta’s ownership of the NBA Houston Rockets. A last minute carve out in the New Jersey laws allows GNAC to operate a sports book, but without any NBA wagering.

Churchill, a Louisville, Kentucky-based, publicly traded company, also announced a partnership with SBTech to utilize its integrated technology platform for its new gaming operations. Churchill also said, as we surmised, that it would join the sports wagering market in Pennsylvania when legal and ready.

The odds have moved upwards because the ChurchillGNAC alliance has said it would wait until 2019 to begin operations. It’s unclear if that’s still the case. It will be difficult to pass on the upcoming start of the next NFL season and it will be hard because some competitors in Atlantic City are up and running. But, if the software isn’t ready and if Churchill is still determining how to access its significant horse racing online betting platform and those customers, waiting may be the best plan.

 

West Virginia resort to use FanDuel for sports wagering

Updated 3:07 pm, Tuesday, June 26, 2018

CHARLESTON, W.Va. AP — A West Virginia resort owned by Gov. Jim Justice has chosen FanDuel to handle sports betting by its customers in the fantasy sports company’s first such wagering arrangement.

The Greenbrier announced Tuesday that New York-based FanDuel will provide retail, online and mobile sports wagering services for the resort in White Sulphur Springs.

West Virginia lawmakers this year approved sports betting at the state’s five casinos and on approved mobile apps, shortly before the U.S. Supreme Court overturned a federal law that had banned most sports betting.

The NFL, NBA and others want Congress to set uniform, nationwide rules on sports gambling for all states, saying the integrity of athletics is at stake.

The West Virginia Lottery Commission approved rules governing sports betting last week. The rules spell out what information casinos have to supply to the Lottery and what they need to do to stay within compliance. The goal is to let the betting begin by the start of football season in September.

Conservative estimates are that the law would generate state revenue of about $5 million in its first year.

Justice allowed the sports betting bill to become state law without his signature. Before he became governor, Justice named his daughter, Jill Justice, as president of the resort, which her father bought out of bankruptcy in 2009. His son, Jay Justice, now handles his coal and agriculture operations.

Jill Justice said in a statement the Greenbrier is “excited to be able to offer this service to those guests who are interested.”

FanDuel spokeswoman Emily Bass said in an email it’s the company’s the first sports betting arrangement with a U.S. resort. poker domino FanFuel merged this year with European bookmaker Paddy Power Betfair, which has similar deals with Meadowlands Racetrack in New Jersey and Tioga Downs in New York.

Earlier this month FanDuel rival DraftKings signed a deal with an Atlantic City, New Jersey, casino to offer sports betting in New Jersey.

“We are equipped to take on the opportunity to get a sports betting license in every market and are taking the appropriate steps to do so,” Bass said.

The NFL’s Houston Texans are holding their training camp at The Greenbrier starting in late July. Next week the resort will host the PGA Tour’s A Military Tribute at The Greenbrier, formerly known as The Greenbrier Classic.

The Greenbrier’s onsite betting will take place at an underground casino open only to resort guests and event participants, golf and tennis members and Greenbrier Sporting Club members.

“As we work towards building out a top sports betting product for the upcoming NFL season, we look forward to bringing West Virginia residents, sports fans, and visitors to The Greenbrier the best interactive sports experience on the market,” FanDuel CEO Matt King said in a statement.