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Getting to know the customer

Though Hoskins did register a single, the Phils dropped a 7-6 decision. But the bet wasn¡¯t a complete flop, because Kevin had secured a little insurance. Every homer hit during the game bought him back $5 of his original investment. Since the Cards slugged five dingers in their win, Kevin was only out the $2.50 ¡°vig,¡± a 10 percent penalty paid on losing bets. No wonder he was so nonchalant about the loss.

Darren Rovell, who has covered sports betting for 20 years and reports for the Action Network, a gaming news and data company, is amused by the about-face by sports leagues. ¡°Five years ago, the leagues were opposed to gambling,¡± he says. ¡°You see how quickly they did a 180-degree turn. They can see the situation down the road.¡±
As founders of Card Player Magazine, these two make a living sharing strategy about their favorite game.

Meanwhile, it limits the number of permanent sports betting licenses for casinos, simulcast horse race tracks and mobile sportsbooks to roughly a dozen.


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an action taken when a player folds and decides to not continue participating in a round or game
Laptops
the restrictions set for the amount players can bet or raise in a given game