How does an ADW (advance deposit wagering) work?

It’s simply an account you set up, using your own money to bet with.

“Advance deposit wagering” means a form of parimutuel wagering in which an individual deposits money in an account with an entity authorized by the commission to conduct advance deposit wagering and then the account funds are used to pay for parimutuel wagers made in person, by telephone, or through communication by other electronic means.

European Commission urges health warning for online gambling

Although the recommendation is not legally binding, it could prompt European countries to tighten rules in the area.

BRUSSELS, July 4 Fri Jul 4, 2014 9:47am EDT

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The EU is also proposing a ban on online gambling firms sponsoring events aimed at minors.

By Francesco Guarascio and Julia Fioretti

Online gambling exchange Betfair, as well as traditional bookmakers such as William Hill, have already come under the scrutiny of governments and have bet heavily on the World Cup to boost revenues. ($1 = 0.7331 Euros) (Editing by Andrew Roche)

Growing at a rate of 15 percent a year, online gambling is the fastest growing service activity in the EU, with 6.8 million users in 2011, according to the European Commission.

The warning signs that online gambling companies will be urged to feature in their advertisements include the chances of winning and losing, information on the risk of becoming addicted to gambling and assistance for compulsive gambling.

The EU executive will make its recommendation to improve controls of the 10.5 billion-euro ($14.3 billion) online gambling industry next week, focusing on advertisements to tackle compulsive gambling.

BRUSSELS, July 4 (Reuters) – The European Commission will urge countries to demand that online gambling advertisements display warning messages like cigarette packets, according to a draft document seen by Reuters.

Belmont Horse Racing

Horse race fans from around the world have heard of Belmont Park as it is truly a treasured historical landmark that is loved by many.

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The very first win in Belmont Park went to Tanya, a filly. Offering the biggest dirt course in the history of Thoroughbred racing, Belmont Park has a sprawling dirt track that is an impressive mile and a half long. Most of the very best and greatest racehorses of the twentieth century have competed at Belmont Park. Some of the other features at Belmont Park are the Jockey Club Gold Cup, Metropolitan Handicap, and most importantly the Belmont Stakes, the final race in America’s Triple Crown. In 1975 Ruffian almost won a “battle-of-the-sexes” race over Foolish Pleasure but was tragically ended when Foolish Pleasure broke several bones as they just seemed to snap. There are four stone pillars displayed on Hempstead Turnpike that still remain. The park is abnormally large and usually young horse don’t race there but at its placement as the final leg of the Triple Crown, the Belmont Stakes set the table for some of racing’s greatest moments of wins and also losses. That was the breaking ground for the park and ever since the park has had one victory after another. Belmont Park has an amazing history for horse racing but it also has a place in American pop culture. The list just continued to go on, Peter Pan in 1907, the undefeated Colin in 1908, Man O’War in 1920, and Citation in 1948. There was an amazing win in 2007 by the first filly in over 100 years when Rags to Riches’ barreled across the finish line first.

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Belmont Park has undergone many facelifts over the years but there are still enough of the original pieces left of what is now called Old Belmont Park. Horse race lovers will never forget the homestretch battle between Affirmed and Alydar in 1978 because this was the match that won Affirmed the Triple Crown. Salvaged during the demolition are the iron railings that are still part of the park’s original grandstand. The greatest feat likely in the history of horse racing was the 31 length victory in 1973 at the Belmont Stakes which featured Secretariat. Secretariat’s statue is present in the Belmont Park paddock to this day.

Before Belmont Park was, it was Jerome Park Racetrack in the Bronx that hosted the races, but this was in the very early years before 1905 and the birth of Belmont. They symbolize the opening of the South Carolina Jockey Club in 1792.

Opening first in May 1905, Belmont Park brings forth American Thoroughbred horse racing in one of the most fabulous venues. After all, how many race parks have their own drink named after them? The Belmont Breeze? Maybe you remember the drink from “Everybody Loves Raymond” and “The Odd Couple?” During the racing ban of 1910-12, the park made aviation history when the Wright Brothers chose it as the final venue of the international aerial tournament of 1902-10. offers horse racing tips, including Breeders Cup picks, and a horse racing blog.

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Maureen O’Connor, Ex-San Diego Mayor, Wagered Over $1 Billion Gambling, Misappropriated Funds

“Maureen No. “However, no figure, regardless of how much good they’ve done or how much they’ve given to charity can escape criminal liability with impunity.”

On Thursday, O’Connor walked across the courtroom with a cane, appearing frail and struggling to maintain composure at one point as her attorney wrapped his arm around her shoulder and placed his hand on her head.

Her net gambling losses topped $13 million from 2001 to 2009, the lawyer said. Foundation between September 2008 and March 2009 to pay gambling debts, wager more and cover living costs. 2,” said O’Connor, who declined to take questions. attorney. 2 is the Maureen who did not know she had a tumor growing in her brain.”

“Maureen O’Connor was a selfless public official who contributed much to the well-being of San Diego,” said U.S. 1 and Maureen No. She was one of three trustees of the foundation, a nonprofit organization that supported the Alzheimer’s Association, City of Hope, San Diego Hospice and other charities.

CORRECTION: An earlier headline on this article incorrectly stated that O’Connor lost $1 billion gambling.

She is now living with a sister.

O’Connor’s game of choice was video poker at casinos in San Diego, Las Vegas and Atlantic City, N.J. O’Connor kept a high profile for several years after he died, donating to charitable causes such as hospice care and alleviating homelessness.


“She’s embarrassed, she’s ashamed, she’s afraid,” Iredale said.

At a news conference later, she said she always intended to repay the foundation and appeared to blame her behavior on a brain tumor that was diagnosed in 2011.

Iredale said O’Connor lost several properties, including one in tony La Jolla down the street from a home of 2012 Republican presidential nominee Mitt Romney that sold for $2.5 million in 2010.

Her annual gambling winnings peaked at more than $200 million, said Phillip Halpern, an assistant U.S. He estimated his client’s personal fortune once totaled as much as $50 million but said she is now virtually broke.

Her inheritance came from her husband of 17 years, Robert O. A two-term Democratic leader in a city known for electing Republicans, she won support with a populist flair and stewardship over major civic projects including a downtown convention center.

O’Connor sold the Heritage House Hotel in the Northern California coastal town of Mendocino for $7.5 million in 2005 to investors who defaulted, Iredale said. Attorney Laura Duffy. The tumor was removed but her doctor submitted a letter that says she suffers from residual fatigue and cognitive deficit.

O’Connor could face a maximum sentence of 10 years in prison if convicted on one count of engaging in monetary transactions in property derived from unlawful activity.

O’Connor began gambling around 2001 as she struggled with pain and loneliness from the death of her husband and several close friends, said Iredale, who called it “grief gambling.” Within four years, she was betting heavily.

. In April 2009, she won $100,000 from the Barona casino.

The U.S. Peterson, the founder of the Jack in the Box chain who died of leukemia in 1994. She sued and has pledged to turn over any damages she wins to repay the foundation.

Reports from casinos to the Internal Revenue Service put her cumulative winnings at more than $1 billion from 2000 to 2009, but she lost even more money.

SAN DIEGO — A former San Diego mayor and fast-food heiress acknowledged Thursday that she took $2.1 million from her late husband’s charitable foundation in a decade-long gambling spree when she wagered more than $1 billion.

Maureen O’Connor, 66, pleaded not guilty in federal court to a money laundering charge under a deal with federal prosecutors that allows her to defer prosecution for two years as she works to repay the debt.

“There are two Maureens – Maureen No. attorney’s office said O’Connor’s medical condition influenced their decision to delay prosecution for two years, saying it may have been difficult or impossible to bring the case to trial. Her attorney, Eugene Iredale, said she played for hours at a time at the Barona Resort Casino near San Diego.

It marked a stunning fall for O’Connor, a former physical education teacher who was elected to the City Council when she was 25 and became San Diego’s first female mayor in 1986.

O’Connor acknowledged taking $2.1 million from the R.P

Pro leagues try blocking sports betting in N.J.

On its website, Monmouth Park announced it would “begin offering and accepting wagers on sporting contests and athletic events on Sunday, Oct. This material may not be published, broadcast, rewritten, or redistributed.

In that appellate opinion last November, the judges wrote that “we do not read PASPA to prohibit New Jersey from repealing its ban on sports wagering.”

New Jersey voters overwhelmingly approved a nonbinding referendum on sports gambling in 2011, and Christie signed sports wagering legislation in early 2012. But acting state Attorney General John Hoffman withdrew the state’s request for the hearing after Christie signed the law.

NEWARK, N.J. – The four major professional sports leagues and the NCAA filed papers in court Monday to stop New Jersey’s plan to allow legal sports betting beginning this weekend, when gamblers could become the first in the nation outside Nevada to wager on single games.

A spokesman for Christie didn’t comment after the filing was made Monday, citing the pending litigation. Chris Christie last Friday.

It wasn’t immediately clear when U.S. Earlier in the day at a campaign event before the filing was released, Christie said, “We’re moving forward. A spokeswoman for the Meadowlands Racetrack said Monday the track had no plans to implement sports wagering and was taking a wait-and-see approach.. That is seen as a way around a 1990s federal law that restricts state-sponsored sports gambling to Nevada and three other states. The pro leagues and the NCAA sued later that year, and Shipp and the appeals court ruled against the state’s effort to have PASPA declared unconstitutional. Supreme Court declined to hear New Jersey’s appeal.

Monmouth Park, a horse track, is the only location that has said it’s ready to accept wagers and has outfitted an area for a sports book operation. All Rights Reserved. We’ll see what happens.”

None of Atlantic City’s casinos has released a plan to offer sports betting. He had been scheduled to hear arguments next month on whether he should modify his 2013 order prohibiting sports gambling in light of a subsequent appeals court ruling that sports gambling supporters saw as offering a legal justification. District Judge Michael Shipp would rule on the leagues’ motion. Of the three, only Delaware offers parlay betting in which bettors must correctly pick several games to win money.

The National Football League, the National Basketball Association, the National Hockey League, Major League Baseball and the NCAA, in their filing, say New Jersey’s new law violates the 1992 Professional and Amateur Sports Protection Act (PASPA) by offering what amounts to state-sponsored sports gambling by restricting it to casinos and racetracks that are already heavily regulated by the state.

This summer, Christie vetoed an altered version of the sports wagering bill that would have removed sports betting from state control, but in early September he issued a directive for Hoffman not to prosecute casinos and racetracks that offered sports betting.

© 2014 The Associated Press.

New Jersey’s latest effort is “in clear and flagrant violation of federal law,” the brief states, adding that the law Christie signed “is nothing more than a de facto authorization of sports gambling.”

The bill Christie signed effectively repealed the state’s laws against sports gambling. 26.”

The leagues filed a motion in federal court in Trenton, N.J., seeking an injunction that would stop the state from allowing casinos and racetracks to offer sports betting under legislation signed into law by Republican Gov. The U.S

Ex-New York assembly speaker Silver indicted

It was not immediately clear why two of the counts, both of them conspiracy charges, appear to have been dropped.

Silver, who resigned as speaker after his arrest last month but remains the assemblyman for Manhattan’s Lower East Side, was indicted on one count of honest services mail fraud, one count of honest services wire fraud and one count of using his office for extortion.

New York assembly ex-speaker Silver indicted on corruption charges – Yahoo News

Prosecutors said Silver also received $700,000 in kickbacks by steering real estate developers with business before the Legislature to another law firm, identified by its defense lawyer as Goldberg & Iryami.. attorney in Manhattan, originally charged Silver with five counts relating to bribery and kickback schemes on Jan.

Silver’s lawyers said in a statement on Thursday he was not guilty. 22. “We intend to do that fighting where it should be done: in court.”

The indictment returned on Thursday did not appear to contain new information about the schemes Silver is accused of running.

By Jonathan Allen

Silver kept secret from Weitz & Luxenberg the state funding he had organized for the doctor, the indictment said.

A spokeswoman for Bharara did not respond to a request for comment.

(Reporting by Jonathan Allen; Editing by Frank McGurty and Peter Cooney)

Crime & JusticeSociety & CultureSheldon Silver

Silver, a lawyer who became speaker in 1994, had long listed New York personal injury firm Weitz & Luxenberg on his financial disclosure forms as a source of income for representing its clients in cases.

As speaker, Silver, 71, was generally considered one of the three most powerful political figures in the state, along with the governor and the majority leader of the state’s Senate, who among them controlled the budget and lawmaking processes.

“We can now begin to fight for his total vindication,” Joel Cohen and Steven Molo, Silver’s lawyers, said in a statement. The office of Preet Bharara, the U.S.

NEW YORK (Reuters) – A grand jury indicted Sheldon Silver, the former New York State Assembly speaker and one of the state’s most powerful politicians for two decades, on federal corruption charges on Thursday, federal prosecutors said.

The indictment said he used that position to mask bribes and kickbacks, including more than $3 million earned for referring asbestos sufferers to the firm from a doctor whose medical research had secretly received $500,000 in state funds at Silver’s direction, as well as other benefits

World Cup 2014: Big winner is the bookie

All Rights Reserved.

CBS News

“This is the single biggest betting event in history,” says Jon Ivan-Duke of Britain’s William Hill Bookmakers.


In that game, Argentina won on a last-minute goal.

LONDON — The heartening and unlikely run of the U.S. soccer team at the World Cup hasn’t just been welcome by fans at home.

Nowadays, the betting doesn’t stop when the game starts. — not least the world’s book-makers, who see American fans as a rich, untapped market.

Jon Ivan-Duke

World Cup 2014

Highlights from the 2014 FIFA World Cup in Brazil

The World Cup is a bookie bonanza. And that’s without the U.S., where betting is only legal in a few states.

The biggest bet placed on the World Cup so far was from an American. “This particular customer in our Nevada sports book shop put a bet of $320,000 on Argentina to beat Iran,” says Ivan-Duke.

© 2014 CBS Interactive Inc. then we’re ready and raring to go, really,” explains Ivan-Duke.

The current odds for the U.S. Ivan-Duke says, “200 million pounds will be turned over this World Cup.”

“If those laws were to be relaxed across the states … to win the World Cup are 80 to 1.

That’s pushing 350 million dollars. One bookmaker even offered odds on whether Uruguay’s Louis Suarez would bite someone — and paid up when he did..

66 Photos

In a statistics-mad country like the U.S., the bookies think their newest fad has “America” written all over it.

If Americans can learn to love soccer, the bookies are betting they can learn to love putting a few bucks down on the game as well.

A lot of people are rooting for the U.S

NBA 2k13 First Draft Pick?

My guy is an athletic point guard, 6”4. i was wondering how anyone got first …show more

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You have to get a very high teammate grade in the Rookie Showcase. To do this, you have to “Cheese” a lot during the showcase by passing inside to the big men for easy assists and to cherry pick to get some easy fast break points. My guy is an athletic point guard, 6”4.



NBA 2k13 First Draft Pick?

NBA 2k13 First Draft Pick?



I am trying to get the first draft pick in NBA 2k13 My Career, i got close once by getting third. Good luck.


. i have tried like 20 times.

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Play C/PF and keep Anthony Davis off the floor.

I am trying to get the first draft pick in NBA 2k13 My Career, i got close once by getting third. If you get an A+, then you have a very good shot at getting selected #1 by the Hornets. Can you please tell me any advice. i was wondering how anyone got first pick

2015 Super Bowl odds: Sportsbooks rooting for Seahawks

While America could very well end up split on who they want to win on Sunday, sportsbooks will be rooting for the Seahawks for two reasons. A sharp is someone seen as a professional, and likely having a better understanding of a sports matchup from a gambling perspective. Second, the Seahawks were an early favorite to win the Super Bowl following their win over Denver. Ideally the sportsbook gets an even split, but with 2/3 of the money on the Patriots, a New England win would cost them. That means a lot of Seahawks futures bets were not going to have crazy odds that would cost the sportsbook. First, a majority of money is coming in on New England. However, overall still 2/3 of money is on New England and we are comfortable holding that line right now. We will need the Hawks, who are also a great result for us from a futures perspective.

The line is set based on how sportsbooks anticipate money coming in. We spoke with Sportsbook manager Kevin Bradley, to get his thoughts on why that happened:

Given we are +2 on Seattle, we are seeing some sharp money on them. We asked Kevin if sharp money might be different from the public:. They will consider both the public money and “sharp” money in making adjustments. We spoke with a sportsbook manager to get a better idea of what this means for business.

This line change came due to some heavy money on the Patriots. If the line holds, it will mark the third time Seattle has been a Super Bowl underdog.

The instant Pats money early last week I think is a direct relation to the fact that the Pats smashed the Colts and was fresh in people’s minds and given Seattle’s struggles against Green Bay, I was not surprised to see the public all over them early.

The Seattle Seahawks have become a slim underdog in Sunday’s Super Bowl 49 matchup with the New England Patriots. The line swung within a day to see the New England Patriots sitting as one-point favorites. New England was not far behind Seattle, but sportsbooks would be paying out more for many of those wagers.

Kirby Lee-USA TODAY Sports

The Seattle Seahawks opened as a two-point favorite in Super Bowl 49, but that line quickly changed. The line has since moved to as much two-points, depending on your sportsbook of choice