SportsHandle: the week that was in US sports betting

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SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting.

Source: ‘Pervasive’ Wagering From Colts Player Includes Bets On His Own Team

Amid the NFL’s ongoing investigation of a wave of potential violations of its sports betting policy, Sports Handle has learned that a player for the Indianapolis Colts is under investigation for what a source called “pervasive” wagering activities.

While the new allegations around the Colts appear to be “isolated to one player,” there is evidence the Colts player placed hundreds of wagers, the source told Sports Handle on the condition of anonymity. At least some of the wagers, the source told Sports Handle on Sunday, were placed on the Colts. On Monday evening, ESPN reported that the player in question is Colts defensive back and kick returner Isaiah Rodgers Sr., a 2020 sixth-round draft pick by the Colts.

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Despite Potential Suspension, Comparisons Of Colts DB To Schlichter Seem Unfair

As an Indianapolis Colts player awaits the completion of an NFL investigation into alleged sports betting violations, it may bring to mind painful memories of Art Schlichter’s brief stint with the franchise.

In the week Sports Handle broke the news that a Colts player wagered on sports from the team’s practice facility, NFL personnel continue to educate employees across the league on the intricacies of the league’s gambling policy.

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Sportsbooks, Industry Insiders Wary Of Bet-Boosting, Money-Lending Product

After 2½ years of building its product in stealth mode, California-based EDGE Markets is readying the launch of EDGE Boost, a virtual debit card with which sports bettors can get interest-free loans to fund their mobile sportsbook accounts.

Even before its launch, however, the nascent company is coming under scrutiny from operators, regulators, and advocates for problem gambling.

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Why Don’t Most Sports Bettors Seek The Best Odds And Prices?

On Wednesday morning, a quick look at the odds for the evening’s Dodgers-Reds game across sportsbooks in New Jersey showed the following: You could bet the Dodgers moneyline at -160 on WynnBET, you could bet the Dodgers moneyline at -175 at PointsBet, and every other sportsbook was in between the two.

A question, then: Why in the world would anyone ever bet the Dodgers moneyline at PointsBet?

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DraftKings Plans To Explore Shared Wallet For Sports And Horse Betting

Horse betting has been legal for a lot longer than sports betting in the United States, yet only recently have America’s mobile sportsbooks warmed to the idea of incorporating thoroughbred wagering into their suite of online offerings.

This Triple Crown season has been the first to benefit from wagering at sportsbook-run ADWs like DK Horse, which is overseen by DraftKings’ director of race and sportsbook operations, Johnny Avello. With the Belmont Stakes mere days away, the veteran bookmaker took a few minutes to chat with US Bets about DraftKings’ equine foray and what the future might hold.

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North Carolina Mobile Wagering Bill Heads To Governor’s Desk

HB 347, a bill to legalize mobile sports betting in North Carolina, is heading to Gov. Roy Cooper’s desk. The North Carolina House of Representatives approved the Senate’s recent changes to the bill Wednesday, putting the Tar Heel State just a swipe of Cooper’s pen away from allowing legal mobile sportsbooks

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Massachusetts Commission Focuses On Barstool Sportsbook’s ‘Can’t Lose’ Parlay

The Massachusetts Gaming Commission held an adjudicatory hearing Wednesday, listening to Penn Sports Interactive lawyers defend Barstool Sportsbook’s promotion of “Big Cat’s Can’t Lose Parlay.”

No ruling was issued Wednesday on the operator’s marketing and terminology — a written ruling will be issued at a later date — but commissioners questioned the arguments offered by PSI representatives. 

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