Real Money Gaming: The Next Billion Dollar Opportunity?

Market size

Betable allows social game developers to add real, working gambling mechanics to their games.

Rational Group, the Isle of Man-based company that operates PokerStars, the world’s leader in real-money online poker, acquired the Atlantic Club Casino Hotel, one New Jersey’s 12 licensed casinos and will obtain and NJ Casino license with the transaction.

Zynga

MGM Resorts and Boyd Gaming Corp, its partner in the Borgata casino in Atlantic City, have arrangements with Bwin.Party, which runs Internet gambling from Gibraltar.

Some large companies have policies against involvement with gambling, which reduces exit opportunities for companies in the business. Schmidt, Google’s Executive Chariman. They’ve already hired an executivefrom 888 Holdings, a gambling company, begun investing in state and federal lobbying efforts, and have applied for an operator license in Nevada and expect to launch their first real-money gaming products in international markets in the first half of 2013. Overseas, online betting is generating an estimated $32 billion in annual revenue — nearly the size of the United States casino market.

In addition, some large public equity investors, such as hedge funds, have policies against investing in gambling related companies and some general and limited partners of venture capital and private equity funds have similar policies, which could reduce liquidity in private markets. .

New Jersey’s Governor Chris Christie recently signed a law allowing Atlantic City’s casinos to run websites that take bets on games such as blackjack, slots and poker, but require bettors to be physically present in the state. Investors include Jeff Bezon’s, Founder of Amazon, and Eric E.

No one seems more qualified to exploit the opportunity than social gaming company, Zynga, with their established user base, expertise in driving engagement and virality, and iterative data driven product development process. Juniper Research estimates that betting on mobile devices alone will be a $100 billion worldwide industry by 2017.

Laws

Chris DeWolfe, a co-founder of the pioneering social site Myspace, is launching a gaming studio with a gambling component. Delaware recently passed similar laws.

Given the lengthy licensing process and regulatory concerns, new entrants are looking to partner with currently existing casino operators.

Partnerships and M&A

Many believe that online gambling will soon become as simple as buying an e-book or streaming a movie, and that the convenience of being able to bet from your couch, will present incredible opportunities for entrepreneurs.

Startups

Offline gambling is a massive market with validated demand, and many believe online gambling will be llarger.

If online gambling laws continue to be relaxed across the United States, it could represent a massive opportunity for entrepreneurs and investors.

Social Responsibility

In the U.K., Zynga has partnered with Bwin.Party to offer games such as “FarmVille” slots for real-money betting.

Concerns over social responsibility will have some consequences on investment considerations in the market. Nevada’s law, signed on February 21st of 2013, lets land-based casino operators offer online poker only Click for more

How To Master Sports Betting

The weather conditions also make a difference as they do in horse racing. You want to know who trained and who didn’t. On the flip side, you shouldn’t bet against a team because someone you don’t like roots for that team. It could provide great insight as to predicting what will occur.

Sports betting is an easy way to make a tough living. You can’t let the highs and lows affect you too much.

In the case of team sports, injuries are important. So if you suffer a bad break along the way, just remember it goes with the territory. Business is business and you need to be concentrating on who is going to win regardless of who likes and who doesn’t like which team.. Hopefully this kind of thinking will keep you grounded. You don’t want to lose money just because you weren’t on top of your game.

The most important thing is that you need to take emotion out of the equation. Over time, you will learn what it should be that you should be paying attention to.

Because of this point, it is probably better if you steer clear from any matches involving the teams that you like. Travel is a factor such as when East Coast sides travel to the West Coast and vice versa. For instance, if you are pretty certain that a side is going to win and they are getting good odds for this than take this. So do yourself a favor and swear off them. Look for value bets. You shouldn’t favor a team because they are the team your best friend supports. Thus when you are doing well, you will still be focused and when you aren’t doing so well you won’t be thinking that it’s the end of the world. If fun88 you are going to do it you need to do it properly and master it, it means you are completely organized and focused. It doesn’t matter if it is pretty or not.

Information and doing your homework is important, but you don’t want to full into the trap of information overload. You will be better off for doing so in the long run.

Speaking of the long run, this is what you should be focused on. This means that when you place your bets you need to be thinking clearly and concisely. What is the point of drowning yourself in statistics and research for what you could just as easily decided with a flip of the coin? So you need to sift through it all and just take the morsels here and there which are really important and make a difference. It is only going to place you in a difficult position and as much as you might think it won’t be, your decision making ability is going to be compromised. Also look into how sides perform the week after doing certain travel. Upsets are always going to happen but see when it makes the most sense when to go for that and when not to. It’s all about accumulating winnings. Anything less than this and it is going to be a disaster

https://fun88no1.com Click for more

Sports betting vs. the stock market: Which is riskier?

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But don’t let those similarities fool you. People often invest in funds that buy dozens or even hundreds of stocks, which helps reduce the risk.

CNNMoney (New York) First published August 31, 2014: 8:14 AM ET

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And investors have greater access to tools that can minimize the risk of losing money. And of course, they both hate to lose. The stock might go up and down some, but it typically doesn’t go to zero.

In the long run, investors have the chance to make more money because there are fewer downside risks.

Those are pretty good odds.

The same can’t be said for those who bet big on the Denver Broncos last Super Bowl. He asked for his identity to be withheld due to legal concerns.

To put it another way, the stock market is a lot more forgiving than the MGM Grand (let alone your local sports bookie). It’s easy to see why fans may be tempted to gamble on their favorite teams and athletes.

“Betting is more difficult and riskier,” said one resident of Hoboken, New Jersey, who bets on illegal gambling sites and also invests in stocks. Which casino in Atlantic City, Las Vegas or Macau pays the bettor 73% of the time?” said Sam Stovall, chief investment strategist at S&P Capital IQ.

That’s the percentage of time that Stovall’s research shows the S&P 500 — the gold standard in the stock market — has increased in value during the years since 1926.

“A lot of people regard investing as gambling, but I frequently say no.

Such hedging tools are not as readily or even feasible to sports gamblers, Fine said.

All or nothing: Gambling on sports tends to be a zero-sum game.

But take it from one person who has lots of experience in both worlds.

Related: 4 reasons September could be good for stocks

The betting appeal: Americans bet an estimated $380 billion each year on sports. While many stocks offer steady returns, investors sometimes hit the jackpot (think: buying Apple back in early 2009 or Tesla in 2012).

A stock can theoretically be held onto for an infinite amount of time, but a sports bet can end in the blink of an eye. And in neither instance can you be guaranteed to be correct,” said Randall Fine, managing director of The Fine Point Group, one of the casino industry’s largest consulting firms. Gambling on sports may be more fun, but it’s definitely a more risky use of money than putting it in the stock market. For example, a stop-loss order instructs a broker to dump a stock when it tumbles below a specific price. A bettor gambling on the Green Bay Packers will instantly lose his or her entire $500 bet if Aaron Rodgers and his teammates fail to win or cover the spread.

Related: How $2 billion Clippers bet could pay off

Gamblers and investors also have far different time horizons.

Related: Apple and 9 other stocks hit new records

Investors also have the ability to spread their money out among many stocks.

Manning is really, really good at what he does for a living.

“You can hold onto your betting tickets all your life, but you’re not going to get squat,” said Stovall. Gambling on football star Peyton Manning to win might seem like a safe bet, especially compared with picking winners in the stock market.

At the same time, investing in stocks actually carries higher upside potential.

“A large, steady company has a low chance of plummeting and causing you to lose all your money, but even Peyton Manning doesn’t cover the spread sometimes,” he said.

Even the unlucky investors who jumped into the market at its peak in October 2007 eventually made their money back when stocks reclaimed their pre-recession levels in 2013.

“You’re making a wager based on some facts and some intuitions.

However, someone sinking $500 into Apple stock has little risk of losing that entire initial investment, especially in the short term. Heck, even his commercials are funny.

Terms & Conditions apply

NMLS #1136

They both believe they can predict the future, and they sometimes fall into the trap of making decisions with their hearts instead of their brains Click for more

Former Giants pitcher Kasahara admits to betting: report | Reuters

($1 = 101.3600 yen)

The NPB which prohibits professional players from betting on games, handed a one-year ban on another Giants pitcher Kyosuke Takagi for illegal betting in March.

(Reporting by Nivedita Shankar in Bengaluru; Editing by Amlan Chakraborty)

Former Yomiuri Giants pitcher Shoki Kasahara has admitted to his involvement in illegal gambling at a hearing held at the Tokyo District Court on Monday, Kyodo news agency reported.

The 25-year-old was suspended by Nippon Professional Baseball (NPB), the country’s professional baseball governing body, in November for illegally betting on games, which included Major League Baseball and Japanese high school games.

Kasahara is said to have aided a former restaurant operator’s betting scheme by collecting money from two other former Giants players, and gambled a total of 1.2 million yen ($11,838.99) himself between September 2014 and August 2015, the report said. Click for more

NCAAF on Yahoo! Sports – News, Scores, Standings, Rumors, Fantasy Games

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Female Soccer Player Recruited for Her High School Football Team

High school soccer player Ashton White is no stranger to kicking on the field.

Good Morning America

23Comments. Ashton plays on a traveling soccer team, but since there is no soccer team at her high school, Josh Cox, Wicksburg High School’s football coach, asked her if she’d like to join the Panthers.

. Now, the seventh-grade athlete from Newton, Alabama, has been recruited to be the kicker on her school’s football team Click for more

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Don’t Be a Square: 10 Tips for Betting on Football

Focus on Conferences – “The best way to win money betting football is to develop a niche and follow it closely,” Moseman advises. Consider Underdogs – “In the long-run, it’s easier to win betting on the underdog,” Konik says. On college you will be able to find different lines at different sports books. The NFL, for example, will have very similar numbers at most of the betting shops you visit. Shop For Numbers – “Another important aspect of betting on football is shopping for the best number,” Moseman explains.

10.

1. If you want advice about sports betting, find someone who has a successful track record.

4. Chasing losses is the fastest way to the poor house.”

Ted Sevransky, a well-known Las Vegas gambler and sports consultant with Sportsmemo.com, agrees.

6. “If you listen to their advice, you are sure to lose. He loses year after year, according to Dan Gordon, a top football handicapper and author of How to Beat the Sports Books (Cardoza Publishing 2005). “In trying to bamboozle potential customers, many services make claims about having scouts all over the country that give them inside information and promise 70 or even 80 percent winners, as if the bookmakers were the biggest suckers in the world. The only locks that exist are those that need keys to open them.”

Although exact figures are impossible to calculate, according to Jimmy Vaccaro, widely considered to be Las Vegas’ most influential bookmaker, Americans probably wager more than $50 billion a year on NFL and college football combined. They use powerful computers that can process millions of bits of data and produce a more accurate point-spread line than the bookmakers.”

“A square is the average, unsophisticated gambler whose decision making is based on hunches, media manipulation, or spurious systems that cannot overcome the bookmaker’s inherent mathematical advantage,” Konik explains. “Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”

9. Money Management – “This is without a doubt the most important aspect of betting on sports and possibly the most neglected,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years.

Another difference between squares and sharps is how they approach betting on game day.

8. “There will be more discrepancy in the numbers at different sports books. So underdogs tend to be slightly undervalued – except by the sharps.”

So, how much should you bet a game?

“A sharp or smart has a plan of what he wants to do,” says Vaccaro, the director of sports operations and public relations at Lucky’s Race and Sports Book in Las Vegas. “Thus, the bookies love and cherish the squares.”

3. There is a wealth of information on the Internet; it is just up to you to find it and research it daily.”

“In an average season, fewer than one bettor in twelve turns a profit,” Gordon says. He is not taken in by being involved in USC-Notre Dame just because it is the biggest watched game of the day. Otherwise, you’re better off doing your own research.”

But that doesn’t mean you have to bet like a “square” and throw away your hard-earned money.

Also, it’s probably a good idea to disregard advice from the myriad of ex-players and football experts you see on television each week. Not all games work according to this formula, but it is usually a good rule of thumb.”

Certainly not back into the pockets of the average bettor. “Teams play inspired ball at home. If North Texas is his best bet on a Saturday then that is his bet.

“Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” Vaccaro says.

Betting on football games; whether it’s through a local bookie, an offshore Internet site or a Nevada casino (still the only legal place in America to make football bets), most of us have done it or know of someone who has. These books change their numbers according to the betting patterns of their customers, so it is not entirely uncommon to find two or three point differences in the lines.”

“The bookies fear and despise a tiny coterie of professional bettors known as ‘the sharps,’” Konik says. “If you become an expert on a smaller conference like the WAC, you have a good chance to beat the house because sports book operators do not have the time or resources to follow this conference the way you can. “For example, if you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”

“The biggest mistake that amateur bettors make is they increase their bets when they are losing,” Sevransky says. If you are going to go with a favorite, it is best to place your bet early in the week when the sharps are laying heavy money on the points.

Michael Konik, a sports writer and best-selling author of The Smart Money (Simon & Schuster 2006), explains why it is so hard for the recreational gambler to win at betting on football. Locks Don’t Exist – “Anyone who has watched sports for about a month realizes that the difference between winning and losing, especially against the spread, can be infinitesimally small,” Gordon says. “As for me, the best bet in football is betting the point spread or over/under totals on individual games. “In the NFL, a game will often be totally turned around by one or two plays, or even a single penalty. Giving 11 to 10 odds is almost always the cheapest price you can give.”

“The talking heads on TV know nothing about sports betting,” says Sevransky. Oakland comes to mind) seem like the Super Bowl.

Even Hollywood is not immune – think Two for the Money with Al Pacino and Matthew McConaughey.

5. “Common wisdom says that over the course of a long football season the average man Click for more

College Football: Pictures, Videos, Breaking News

Let me preface the conversation about college cheerleading with a quick aside about cheerleading in high school.

It was the waning moments of a damp September fourth quarter, and football, as it often does, had brought out the ugly side of one of its fans. 6 Texas A&M all bit the dust last week.

Political science professor, LaGrange College in Georgia

In this week’s Scheer Intelligence podcast on KCRW, Robert Scheer speaks with former USC football player Anthony Davis about living with the brain injuries Davis sustained during his celebrated career.

Christian leader for social change; President and Founder @Sojourners

The Colorado Buffaloes come into town for a Thursday night showdown to kickoff what could be a make-or-break year for a man beginning his fourth year as head coach of the Rainbow Warriors.

From a distance, it appears that Jim Harbaugh is a great coach because he is a great father, husband, son and brother, and being a great football coach just naturally follows. No. 3 Alabama, No. Tures

Editor, Truthdig.com; Author, ‘They Know Everything About You’

Quora

Emeritus Professor of Law, Northwestern; former NU faculty government chair; scholarship & litigation in education & civil right law.

Jim Wallis

It’s sorta weird. Should they do so?

In the end, running up the score with your star players still in the game, in the final seconds of a game that was not longer being contested didn’t even register to Urban Meyer. Michigan is a perfect fit for him because of who he is, where he is in his life and what he loves.

Seth Abramson

Last Saturday was somewhat of a day of reckoning within the top ranks of college football, with four of the top six ranked schools in the country going down. Here are the five big questions to keep in mind heading into the 2015 UH Football season.

Even if you aren’t into the game, football fandom isn’t just about what happens on the field anymore. Elson,

Without governance reforms that will put the players’ education and safety ahead of the coaches’ and schools’ money-making priorities, the academically elite Division I colleges’ claim to a higher ground is pure hypocrisy.

There will always be those who ignore the wisdom of others, but if more athletes realize the impact of what a 40+ year retirement will look like, they might perk up their ears just a little more.

Entrepreneur, Educator, Writer and Technologist – “Rabbi Without Borders”

Kai Sato

A number of schools are considering firing their longtime successful coaches, in the hopes of getting a more successful one. When you get in, you have the typical public perception of it being kind of quirky and not that tough, but it’s not like that at all. 2 Oregon, No. 4 Oklahoma, and No. This may not be technically wrong, but it’s lame.

While secondary market tickets for the College Football Championship Game are the most expensive for any college game this season, it’s on pace to be the least expensive national championship game by a wide margin.

John A. There are so many aspects to the football experience to enjoy — like the tailgating — that new gadgets have made it fun for everyone.

Attorney; Assistant Professor, UNH; Poet; Editor, Best American Experimental Writing

At all levels of collegiate play, there are five things that all high school prospects should do to improve their chances of getting recruited for a football scholarship

Rabbi Jason Miller

Robert Scheer

What this series of events does show is the chasm that sadly still exists in the experiences and therefore perspectives of most white people compared to most people of color.

John S. In this case, the red-faced rooter was a 30-something dad.

Co-founder & COO, FieldLevel, Inc.

On November 26th, the nation’s highest-profile pollster — Nate Silver of the New York Times — gave ten teams a better chance of making the inaugural College Football Playoff than the University of Wisconsin.

Being a Harbaugh has given him more intimate exposure to football than most coaches, but it’s what he’s learned in life, not the Harbaugh legacy, that sets Jay apart.

The best answer to any question Click for more

Cantor Gaming Announces In-Running Wagering for The NFL Season

The NFL

season is immensely popular with sports betters and we’re excited to

extend our product offerings to The Venetian and Palazzo.”

Full Game Money Line

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First Half Money Line

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Cantor Gaming is an affiliate of global financial services provider

Cantor Fitzgerald, which has over 60 years of experience and

unparalleled expertise of highly secure real-time financial transaction

processing, management, and execution. Cantor Gaming offers mobile

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casino games including XtraOdds Baccarat(TM) and Bonus Roulette(TM). In-Running betting allows wagering on live sporting events throughout

the event.

Mr. With In-Running, customers can place bets during the

game, so fans can have a stake in the action all the way through the

event,” said Lee Amaitis, President and CEO of Cantor Gaming.

About Cantor Gaming

Through Cantor Gaming’s In-Running, wagers also will be accepted on

whether:

. In-Running betting allows

wagering on live sporting events throughout the event. Amaitis added, “In-Running is hugely successful at the M’s Race &

Sports Book. Amaitis said the bets that will be offered through In-Running are:

LAS VEGAS–(BUSINESS WIRE)–Cantor Gaming, an affiliate of the global financial services firm Cantor

Fitzgerald, today announced that its extremely popular “In-Running”

sports betting product will be available at The Venetian, Palazzo and

the M Resort Spa Casino in Las Vegas for the 2009 NFL season, beginning

with Tennessee at Pittsburgh on September 10. In

addition to NFL games, In-Running will be available for select NCAA

football games this season.

The current drive will yield a first down.

The current drive will result in a punt, field goal, touchdown, or an

interception/fumble.

Twenty or more yards will be gained on the next play.

Any field goal attempt will be made or missed.

“The addition of “In-Running” is certainly going to enhance our sports

book offering and be a huge hit with the many sports aficionados who

spend time at our properties,” said Robert Goldstein, president of both

The Venetian and Palazzo Las Vegas. “We are constantly looking for

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experience and this is the type of “only in Las Vegas” concept that

helps differentiate The Venetian and Palazzo from other properties on

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why there is no city in America quite like it.”

For more information, visit www.cantorgaming.com

“In-Running is particularly well suited for football because of the

popularity of the game and the huge number of football fans interested

in sports betting. Cantor is

the first company licensed as a manufacturer, distributor, and operator

of a mobile gaming system by the state of Nevada and remains the world

leader. Cantor was also the first company to introduce in-running

wagering in Las Vegas, at the M Resort Spa & Casino’s Race and Sports

Book. We opened the action with the NCAA March Madness Basketball

Tournament, continued throughout the NBA Playoffs, horse racing’s Triple

Crown, and currently offer selected Major League Baseball games.

Mr Click for more

Entries in long-hidden notebook show Pete Rose bet on baseball as player

There was a for sale sign out front, the agent told him. Postal Inspection Service in October 1989, nearly two months after Rose was declared permanently ineligible by Major League Baseball. He placed his financial interest ahead of the Reds, period.”

o Most bets, regardless of sport, were about $2,000. The largest single bet was $5,500 on the Boston Celtics, a bet he lost.

When the case began, it didn’t look particularly enticing, Barney said. After Bertolini pleaded guilty and received a federal prison sentence, Sports Illustrated, The New York Times, ESPN and other news organizations filed freedom of information requests with the U.S. Dowd and his team had sworn testimony from bookie Ron Peters that Rose bet on the Reds from 1984 through 1986, but not written documentation. There was stuff everywhere,” Barney said.

“It was a mere ‘failure to render [services]‘ complaint,” said Barney, who is now retired. It’s another device by Pete to try to excuse what he did,” Dowd said. And that is a very powerful problem,” Dowd said. The man’s name was Michael Bertolini, and the business he ran out of his home was called Hit King Marketing Inc.

Yes, he admitted in 2004, after almost 15 years of denials, he had placed bets on baseball, but he insisted it was only as a manager.

In April, Outside the Lines examined the Bertolini memorabilia kept in the National Archives’ New York office, but the betting book — held apart from everything else — was off-limits. “This is the final piece of the puzzle on a New York betting operation with organized crime. They took any records I had whatsoever, and they took different personal belongings and memorabilia from my home.”

The documents obtained by Outside the Lines, which reflect betting records from March through July 1986, show no evidence that Rose, who was a player-manager in 1986, bet against his team.

Outside the Lines tracked down two of the postal inspectors who conducted the raid on Bertolini’s home in 1989 and asked them to review the documents. Attorney’s Office seeking access to the book. It looked to them as if Bertolini had been signing memorabilia with the forged names of some of the most famous baseball players in history: Willie Mays, Hank Aaron, Duke Snider, Mike Schmidt and Pete Rose. [The mob] had a mortgage on Pete while he was a player and manager.”

“This does it. Attorney’s Office internal memorandum from 2000 that requested the spiral notebook’s transfer said Bertolini’s closed file has “sufficient historical or other value to warrant its continued preservation by the United States Government.” The memorandum listed among its attachments a copy of the notebook, but a copy of the memorandum provided by the National Archives had no attachments and had a section redacted.

“There were numbers and dates and — it was a book for sports betting,” Barney said. District Court in Brooklyn six years later (he served 14 months for tax fraud and a concurrent assault sentence):

But new documents obtained by Outside the Lines indicate Rose bet extensively on baseball — and on the  Cincinnati Reds – as he racked up the last hits of a record-smashing career in 1986. Under MLB Rule 21, “Any player, umpire, or club or league official or employee, who shall bet any sum whatsoever upon any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible.”

o But on 21 of the days it’s clear he bet on baseball, he gambled on the Reds, including on games in which he played.

“He wasn’t forthcoming with much information,” she said, “but he did acknowledge to me it was records of bets he made for Pete Rose.”

“We knew that [Bertolini] recorded the bets, and that he bet himself, but we never had his records. The documents go beyond the evidence presented in the 1989 Dowd report that led to Rose’s banishment and provide the first written record that Rose bet while he was still on the field.

Dowd, who reviewed the documents at Outside the Lines’ request, said his investigators had tried but failed to obtain Bertolini’s records, believing they would be the final piece in their case that Rose was betting with mob-connected bookmakers in New York. “We didn’t know anything about Bertolini or his connection [to Rose].”

In April, Rose repeated his denial, this time on Michael Kay’s ESPN New York 98.7 FM radio show, that he bet on baseball while he was a player. That gave them probable cause to seek a search warrant.

Freelance researcher Liam Quinn contributed to this report. “I was taken aback.”. He refused to give them to us,” Dowd said. On Monday morning, MLB officials declined to comment about the notebook.

Flynn, who said her first reaction was “Holy mackerel,” said they asked Bertolini about the notebook.

The documents are copies of pages from a notebook seized from the home of former Rose associate Michael Bertolini during a raid by the U.S. This closes the door,” said John Dowd, the former federal prosecutor who led MLB’s investigation.

o In the time covered in the notebook, from March through July, Rose bet on at least one MLB team on 30 different days. 13, a few days after the undercover house tour and after obtaining a search warrant, they searched Bertolini’s home and found evidence that would lead to numerous convictions. That came during his worst week of the four-month span, when he lost $25,500.

But Rose’s supporters have based part of their case for his reinstatement on his claim that he never bet while he was a player or against his team, saying that sins he committed as a manager shouldn’t diminish what he did as a player.

“I wish I had been able to use it [the book] all those years he was denying he bet on baseball,” said Flynn, the former postal inspector.

If the accusation was true, it would constitute mail fraud, but the Click for more