All articles tagged with #sports betting
The Ninth Circuit ruled that federal commodities-trading law does not preempt Nevada’s gambling rules for regulating sports betting via prediction markets, marking a major setback for Kalshi and potentially shaping upcoming Supreme Court decisions on the legality of prediction markets.
A Siena poll shows 27% of Americans have an active online sportsbook account, and a Betterment survey of 1,000 Gen Z investors finds 52% redirected money meant for investing to sports bets, underscoring a risky mix of entertainment and long‑term wealth building. Experts warn that betting typically offers poorer long‑term returns than stocks and can lead to debt and missed bills. The piece stresses distinguishing entertainment from investing, building an emergency fund, and paying down high‑interest debt before wagering.
Colby Marchio names Randal Grichuk (+414), Fernando Tatis Jr. (+456), and Griffin Conine (+388) as his top MLB home-run prop bets for Friday, Aug. 21, along with a +1956 parlay. The picks are supported by matchup data and recent power metrics, with odds subject to change.
SportsLine's Projection Model simulated the 2026 BMW Championship 10,000 times and tops Scottie Scheffler as the +300 favorite, with Rory McIlroy and Ludvig Aberg also among the top contenders at +1600. The model delivers surprising picks, including Aberg barely cracking the top 10, Tommy Fleetwood as a +2000 top-3 contender, and a massive longshot around +3000 projected to contend as well.
FanDuel and GeoComply renewed a multi-year fraud-prevention and identity-verification partnership, with GeoComply embedding engineers inside FanDuel’s product and operations teams to deepen geolocation, device intelligence, and real-time fraud detection as FanDuel scales across 26 U.S. markets ahead of football season. The deal maintains billions of player checks with a 99.7% pass rate and 99.999% service availability, continuing FanDuel’s focus on a compliant, high-integrity customer experience, alongside announced extensions with Caesars, DraftKings, and Hard Rock.
Greg Peterson delivers MLB betting picks for Thursday, August 13, as part of VSiN’s baseball coverage, outlining his best bets and projections for today’s games.
MLB home-run prop picks for Monday, Aug. 10 spotlight Junior Caminero (+226) along with Matt Olson (+344) and Wilyer Abreu (+325); a +5633 HR parlay combines Olson, Abreu, and Caminero. The picks rely on Batters-Box ratings and favorable matchup data (Olson vs. Christian Scott, Abreu vs. Jameson Taillon, Caminero vs. Jacob Lopez) with typical game-time context and expected weather influencing outcomes.
Colby Marchio previews Saturday’s MLB home run props, highlighting Munetaka Murakami (+307), Matt Olson (+307) and Jordan Walker (+276). Murakami is noted as a potential misprice against Gavin Williams (Guardians), Olson in a solid spot vs Gerrit Cole, and Walker vs Kyle Freeland, with Walker also praised for success against lefties. An optional three-team HR parlay featuring Murakami, Olson and Walker is discussed, with odds around the listed values and updated at publication time (odds can change). Marchio’s 2026 HR picks record is 91-338 (+4.7 units).
Josh Appelbaum highlights where smart money is leaning in Friday’s MLB slate, with notable bets on Braves vs. Yankees, Guardians vs. White Sox, and Orioles vs. Rangers, as reflected in MLB betting splits.
Colby Marchio highlights Yordan Alvarez, Munetaka Murakami, and CJ Abrams as his top MLB home run props for Aug 5, with an updated +5703 parlay and matchup analysis.
New York Attorney General Letitia James filed a $36 billion lawsuit against Kalshi, alleging the platform runs an illegal gambling operation by offering sports-related prediction markets. The state seeks an injunction to stop unlicensed wagering, plus at least $36 billion in penalties and $100,000 per unlicensed instance. The case hinges on whether sports prediction markets count as gambling under federal law and whether federal authority overrules state decisions on gambling, a debate with implications for the future of prediction markets and sports betting as the Supreme Court weighs its stance.
Josh Appelbaum analyzes Tuesday’s MLB betting splits, highlighting where smart money is leaning on Royals–Twins, Red Sox–Athletics, and Brewers–Giants, with notes on prop projections and power ratings.
Forty-four state attorneys general told the CFTC the agency lacks authority to regulate sports-related event contracts on prediction-market platforms, arguing the proposed rule oversteps its powers and should be governed by state gambling laws; the letter arrives as the CFTC’s first prediction-market rule closes for public comment, amid ongoing litigation with nine states and a string of mixed lower-court rulings that could push the issue to the Supreme Court for a final ruling on who regulates these contracts.
Prediction markets have drawn over $245 million in bets on where LeBron James will play next, with Kalshi handling the majority and the Miami Heat as the frontrunner. The NBA has argued that such markets shouldn’t exist, highlighting a clash between betting markets and league policy.
