Tag: betting

Another 4 NFL Players Suspended for Gambling

Posted on by Grant Mahon

In April, five players got suspended by the NFL for breaking its gambling rules. Two months later, another four footballers received a suspension for the same reason.

On Thursday, June 29, 2023, the National Football League (NFL) officially announced the suspension of three players for violating the league’s gambling rules.

Demetrius Taylor, Isaiah Rodgers, and Rashod Berry were suspended for a period of one year and immediately got released by their teams on free agency. Further, Nicholas Petit-Frere got suspended for six games in the 2023 NFL season, but the Tennessee Titans decided to keep him on the team.

Isaiah Rodgers Suspended for Small $50 Bets

The NFL remains true to its gambling policy as evident from the fact that the organization decided to suspend Isaiah Rodgers for a period of one year after it became clear he took part in betting. Even though he made relatively small bets, most of which were up to $50, with one prop bet having a stake of $1,000, the NFL still decided to punish him.

Not only did he get suspended, but he also lost his job for his gambling adventure. Right after the suspension was revealed, the Indianapolis Colts decided to part ways with him, releasing him on free agency.

Rodgers wasn’t the only Colt who lost his place in the team due to the gambling scandal. Rashod Berry had pretty much the same fate. Over in Detroit, the Lions decided to waive Demetrius Taylor who’s the third NFL player to receive a one-year ban on Thursday. In addition, there’s a rumor that another one of Detroit’s players is under investigation by the league, although it’s yet to be seen who the player is and whether he’ll receive suspension as well.

Apart from the three players suspended for 12 months, Nicholas Petit-Frere of the Tennessee Titans received a six-game ban. The reason why he got away relatively lightly is that the investigation showed that he was unaware of the NFL’s gambling rules. He was betting in Tennessee, a state that made betting legal, which made him think it was fine for professional footballers to take part in this activity as well.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Mattress Mack Taking Home the Biggest Sports Betting Win in History

Posted on by Grant Mahon

Mattress Mack has done something no one’s done before – he cashed out a $75 million sports betting win.

The Texas-based furniture tycoon won the mega-bet after backing his favorite baseball team – the Houston Astros – to win the 2022 World Series.

Led by Dusty Baker, the Astros beat the Philadelphia Eagles 4-2 in the series to win the Fall Classic. They did it despite going 1-2 down after the first three games.

Caesars Sportsbook Pays Out the Biggest Winning Ever

Jim ‘Mattress Mack’ McIngvale has won a total of $75 million thanks to his favorite team. He did it by placing several bets on the Astros, wagering about $10 million.

One of those bets was a $3 million wager on the Astros to win the 2022 World Series back in March. He did it at the betting odds of +1000 at Caesars Online Sportsbook. What this meant is that Mattress Mack’s winning was $30 million.

The Astros won and McIngvale won the money, a big portion of which he’s planning to give back to his customers. According to the man himself, he’s going to give a refund to everyone who’s spent more than $3,000 on his mattresses during the Astros’ trophy-winning season.

Can the Astros Do It Again in 2023?

Mattress Mack has only collected his 2022 World Series winnings from Caesars, but the odds for the next season are already up. The furniture show owner will be pleased to learn that his boys are favored to win the title once again.

The odds of the Astros winning the 2023 World Series are +550 at most sportsbooks and online casinos. However, some of them are giving the shortest odds to the Los Angeles Dodgers, the team that got knocked out of the MLB playoffs in round 1 this year.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Jim ‘Mattress Mack’ McIngvale Bets $10 Million on Houston Astros

Posted on by Grant Mahon

Earlier this year, a Houston Astros superfan Jim McIngvale placed a series of wagers on this team to win the 2022 World Series. If the Astros win their second MLB title in the franchise history, McIngvale will add another $75 million to his bank account, which would be the biggest sports betting payout in the history of the United States.

The 2022 World Series started on Friday, October 28, but things didn’t go well for McIngvale’s boys in the first game. The Astros lost 6-5 on their turf. The match took place at Minute Maid Park, where more than 42k supporters came to watch the game and support the Astros.

The second game of the series will be played in Texas as well, but then the series moves to Pennsylvania, with two games to take place at Philly’s Citizens Bank Park. If the series is tied after four games, the World Series will return to Houston for the final two matches.

Mattress Mack Customer to Profit if the Astros Win

Jim McIngvale made his fortune as an owner of a furniture store chain which earned him the nickname Mattress Mack. Gallery Furniture, as the chain is called, is one of the most successful businesses in Houston. This explains why McIngvale was capable of betting more than $10 million dollars on his favorite MLS team.

McIngvale sees baseball as a unifying force a divided nation needs in 2022 – “The entire country is divided politically between Republicans and Democrats, but baseball brings us all together.”

Mattress Mack loves baseball, but he loves his fellow Houstonians even more. According to the man himself, if the Astros win, he is going to give some of the money to his customers. His plan is to use the winnings to pay back every customer who spent more than $3,000 on a mattress at Gallery Furniture.

Mattress Mack’s Poor Betting Record

McIngvale loves sports betting, but he’s not a very successful bettor. Earlier this year, he put $4.5 million on the Cincinnati Bengals to win Super Bowl LVI – the biggest wager ever made with a mobile device in the USA – and we know how that went.

Apart from making bad sports betting mistakes, we also saw him back losing candidates in the elections. In 2015, he supported Bill King in the Houston mayor’s race. His candidate ended up losing. Three years later, he supported Republican John Culberson for Congress, but he lost too. In 2022, his choice in the 2022 Texas Attorney General election was George P. Bush. As you’ve probably guessed, Bushed lost.

Is it time for Mattress Mack’s losing streak to come to an end?

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Super Bowl LVI Expected to Break Betting Records in the US

Posted on by Grant Mahon

The 56th edition of the Super Bowl – Cincinnati Bengals vs Los Angeles Rams – is likely to become the most legally bet game in the history of American sports. New data shows that more than 31 million people in the United States are planning to bet on the Super Bowl LVI, potentially wagering a total of $7.61 billion.

If the estimates are correct, it would mean an increase of 78% in total Super Bowl betting volume in comparison to last year’s game. The reason behind it is obvious – in 2022, 60% of US states allow sports betting.

Just two years ago when the Super Bowl LIV took place, the number of betting-friendly states was only 14. As a result, most of the money wagered on the NFL Championship game went to offshore sportsbooks. Fast-forward to 2022 and there are 30 states where sports betting is legal, meaning that most of the Super Bowl bets will be made in the United States.

9 Million People to Bet On Super Bowl Online

As per a recent study by the American Gaming Association (AGA), about 9 million Americans are planning to place their Super Bowl LVI bets using an online sportsbook or sports betting app.

There are 20 states in the US where online/mobile betting is legal ahead of the clash between the Bengals and Rams. In fact, some states – like New York – went far and beyond to ensure sports betting goes live before the game.

Most of the states where online/mobile wagering is legal are situated in the northeastern part of the country. In fact, the AGA estimates that nearly one-fifth of all the Super Bowl LVI bets is going to be made by bettors from the Northeast.

Bettors Favor the LA Rams

The Los Angeles Rams are seen as a 5-point favorite to win the Lombardi Trophy at most online sportsbooks in America. When it comes to moneyline odds, the Rams are priced at +170.

Apart from being favored by bookmakers, the Rams are also favored by American bettors. According to the AGA, about 55% of them are planning to back the LA franchise, while 45% think the Bengals might upset the odds.

Among those who have put the money where their mouth is, is Canadian rapper Drake. According to the man himself, he’s placed $1.3 million worth of Bitcoin on the NFL Championship game. Most of that money went on the Rams moneyline ($471,000), while he also placed two $392,000 bets on Odell Beckham Jr. to record more than 62.5 receiving yards and OBJ scoring at least one touchdown.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

New York Online Sportsbooks Get Off to a Flying Start

Posted on by Grant Mahon

Online sports betting has officially launched in the state of New York. Starting Saturday, January 8, 2022, New Yorkers have the luxury to bet on sports using one of the state-approved betting apps or sites.

A total of nine sportsbooks have been given the operating license, however, only four have made their debut on day 1.

The sportsbooks in question are the following:

  • BetRivers
  • Caesars
  • DraftKings
  • FanDuel Sportsbooks

For these brands, making an early launch proved to be the right choice as the sportsbooks cashed in some record-breaking amounts during the first weekend of NY mobile betting.

Great News for New York

According to data from GeoComply, betting volumes recorded in New York outshined those from other betting-friendly states. This includes two of NY’s neighboring states, New Jersey and Pennsylvania.

The total betting handle generated in New York within the first 12 hours of mobile betting is reportedly around $5.8 million. In comparison, bettors from Pennsylvania recorded a $2.3 million handle, while those in New Jersey placed a total of $2.1 million worth of bets.

The fact that New York broke the record of other states is great news for the state government. Considering that operators need to pay a 51% tax to the state, it’s expected that New York is going to gain about $500 million from tax revenue.

The money is supposed to be used to fund education, addiction-battling projects, youth sports initiatives, and so on.

BetMGM New York to Launch Next

The four NY online sportsbooks generated record amounts during the first weekend, but we could see them doing even better in the upcoming weeks. This is because the Super Bowl LVI is on the program in February, which is the most popular sports event in the US, both among fans and bettors.

Big revenue figures are expected for the other sportsbooks as well. The remaining five sportsbooks are supposed to launch before the Super Bowl, with BetMGM being the first on the list. In fact, BetMGM is set to launch its NY internet sportsbook on Monday, January 17.

The other four – Bally Bet, Wynn Interactive, PointsBet, and Resorts World – are expected to launch by the end of the month.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.