I find it undemocratic that sport books can ban serial-winners. It’s flooring your own losses, which it not common business. It should be banned - if people keep beating your odds, you should go out of business it’s your business risk
The problem isn't that books ban winners, but rather that they limit their action to only a few dollars. Other sites like Fanduel will limit action to a percentage of what they offer the general public, which is especially insidious. Sportsbooks should be regulated to forced to accept "bids" on their "offers" with the same amount of depth/liquidity to the public. If casinos are willing to allow a punter to wager $100K on an outcome, they should be forced to accept a sharp bettor to take that same bet. If this results in a world where sportsbooks are extra risk-adverse and have lower limits for everyone, if there are increased cooldowns for the algorithms to suspend markets to evaluated if odds should be adjusted, all the better. If odds are worse for everyone, that's also fine--let these companies show themselves to be the real predators that they are, and let them be scared of being preyed upon like their customers.
@@stereomachine the best sportsbooks are and allow the same action to all the users. They invest more on odds accuracy than in risk management (kicking winners out), which is the way to go.
Sportsbetting is gambling, and gambling is an addiction. We as a society cannot allow multi-billion dollar sports leagues to infect people with an addiction.
@@velkorez2822 Fair; I meant OVEReat. Point is that anything can be abused if not done in moderation, and it is not the purveyors of the product that are at fault.
I'm glad I can count on the reliable reporting of Bloomberg™ to tell us all about sports gambling. In a way that blatantly sidestepped the obvious issues of putting literal gambling in the pocket rectangles of literally every American.
It had been a long time I watched ESPN, but I put on in my hotel room while I was away on a trip earlier this year. I immediately realized how sports betting has completely ruined everything.
@ Every other segment was about recent sports betting trends. Every game on the bottom ticker had odds. And a leading story was yet another professional player getting caught sports betting.
*Gambling killed sports.* Just the fact that gambling is legal (and even promoted) makes all bet-able sports fixable, and therefore pointless. Sports is no longer about competition. It's now all about money, nothing else.
The Officiating crew also needs to be held responsible which was not mentioned in this video. You can see it in action on most NFL games. In the Detroit Lions/ Minnesota Vikings game Detroit got away with a lot of defensive holding and pass interference calls. I am not a fan of either team, but it was quite obvious who was supposed to win the game.
Asking players who play for the NFL to make comments on gambling creates a major conflict of interest considering they could face repercussions for criticizing the system. Shameful “journalism” by Bloomberg.
I just can’t believe there’s that many people who won’t at least casually look up probability and statistics to convince themselves that they have no chance of ever winning consistently in the long run. And then when you realize that the companies they’re giving money to provide absolutely nothing to them in return, but rather just create ever more devious ways to fleece them of their earnings, it just becomes downright sad and twisted. Our culture just keeps finding ways to sink lower and lower. If you wanna gamble, gamble, but it should be done how it’s always been done: quietly and discreetly, or in designated venues, to minimize its destructive and pervasive influence. Our culture should absolutely not be hi-fiving sharks and bookies in the spotlight like this for all the world to see; it’s despicable.
How come we always hear about athletes getting busted for tipping sports betting companies, but you never hear of any sports betting employees getting busted for accepting tips?
It's clear the American leagues aren't thinking about addiction when it comes to players but I bet some these cases we've seen are cases of addiction. The leagues are so scared of players betting they aren't offering support for folks caught gambling like the European leagues are. Jontay Porter was for sure an addict and he needs help.
The best solution to the Jontay Porter match fixing I've heard is for sports books to stop offering bets on individual athletes to under perform. It much easier to fix a match by under performing than over performing.
Many of these hypotheticals center around the players impacting the results of a game to help bets. What about officials? Wasn't it an NBA ref what was imprisoned for game fixing?
Whats stopping the in booth reviews from looking at the money lost/won to decide on a call that is basically a coin flip call. Basically turning over a TD or giving someone the TD or call In their favor based on if they will lose more if they call one way or another. They talk about the players but honestly I’m more concerned of the upstairs people who make the calls on “booth review” plays. Not sure if I explained this well but 🤷♂️
Tobacco destroys far more lives. In the time it took you to read this, someone in the world died due to tobacco. Where is your anger against tobacco? Get rid of the most harmful vices first before you start virtue signaling🤦♂
My biggest issue is game integrity being called into question. It's practically impossible to prove, and therefore impossible to disprove as there will always be doubt when it's possible; not to mention encouraged to get involved in sports gambling by every league.
I don't think it's right for players to get in trouble for betting during the off-season or on sports different than their own when we're literally bombarded with at least one gambling ad per commercial break. Players should be smart enough to not place bets on their team or league, but otherwise the conflict of interest is minimal. I guess players with huge losses could be influenced, but even players with huge debt like Jordan had the means to afford the staggering bets waged
they aren't allowed to smoke marijuana why should they be allowed to gamble? I think its more about banning them from doing silly things than the actual gambling aspect whenit comes to other sports
And how you think that AI is better than bookies AI? Im sure they have more money put in that sector than any other company can. If that Xarlabet is better than bookies, problem is already solved. all bookies go bankrupt this year. Dont advertise that thing because someone may actually belive you.
@@finnishview2933 who said it’s better than bookies AI? Xaslarbet AI is looking for the best possible player props available and than give you insight in % of probability…
But who polices the profits the sports betting companies make? Is there any risk for them? Can they even a make a loss, especially if the betting is done online?
I mean they CAN make a loss but just like any other business, if they run the business well they won't. The whole idea is that the losers pay the winners - their goal is to create betting lines that will get roughly even amounts of money on either side. That's why the line changes over time - if lots of people are betting one side, they'll improve the odds for the other side to get more money to even it out.
Nope. They don't make losses. Only a fool would. In the UK all our big companies are profitable af, most have been bought out but operate under different brands. We're thankfully finally clamping down on gambling advertisement etc. The negative impacts on society can be huge. Ruins lives & families. It took decades to have safeguards in place in the UK, I just pray you yanks figure it out sooner rather than later.
Super interesting topic. Personally I did quite a bit of sports betting when I was a teen through esports. Counterstrike had and still has a whole market of virtual skins which can be gambled, and allowed for kids to access gambling readily. Ever since I haven’t touched betting, it was quite addictive so I’m glad I learned my lesson when I didn’t have much money 🤣
It’s way worse now man. The whole Mr Beast dead tables with golden tickets in random bars. Saying your throwing in a ps5 in with a few random orders to get people to buy t shirts. Any game that has dlc that is a slot machine style of rewards hoping you get that Legendary. I’m in my 30’s and I like betting on football games to make them more interesting but I can’t because it’s illegal in my state. Yet I see gambling on things directed toward children all the time.
Lakers Vs Raptors was another obv one. But its NBA, everyone know that refs fix games. They dont even try hide it anymore. Refs in NBA are untouchable.
Just want to clarify for Calvin Ridley, he bet for falcons to win and the over on the second half points. He was betting on them to do better. Not saying what he did was okay just that he wasn’t throwing games
The amount of corruption in online poker makes sports gamblers look like Boy Scouts. And this is just based on the number of online poker sites which have been caught and busted. No telling how much more scamming is going on at the sites which haven't been caught yet
Online poker today = you can win if your bot is better than other people bots. Not that many humans play anymore and bots beat humans who try to play. Online poker is dead because bots.
This further highlights the fact that morality and legality aren't mutually exclusive terms. Something once considered a degenerate act is suddenly advertised everywhere, and the only difference is that now it's making the right people money. As long as we're moving this way I can think of a few other things people continue to do despite being illegal that would instantly become safer if they were simply regulated. The proliferation of gangsters in the 1920's following Prohibition was no accident. I feel like driving people underground into circumstances where grotesque brutality, death, and disease thrives is decidedly more immoral than partaking in those non-violent actions deemed illegal themselves.
Sportbetting shouldnt be allowed for athletes, and trading shouldn't be allowed for congress.
Why? It's already illegal to bet on yourself to lose...
This seems a little heavy handed. Why can’t a professional hockey player bet on his favourite NFL team in the Super Bowl?
@@jmoney4695did you just ignore the part where he said politicians shouldn’t be able to trade 😂
@@jmoney4695 because he might know and talk to him through his connections, they just shouldnt be able to
Thats bs. Gambling and stock market should be open for all.
gambling should be treated like cigarettes, illegal to advertise
I still see advertising for cigarettes though
@@dark12ainin the United States?
@@kaffarashortskabhi yes
I’ll never understand why you feel the need to tell other humans what they should and shouldn’t do. Focus on yourself. Outlawing advertising is crazy.
W gambling 🎰 🤑
Just skip over the addiction aspect of it completely.
Everyone already knows about that.
yeh why did they interview wide receivers to talk about it lol
Clearly not the topic
Shhhh… this is Bloomberg, not health advice.
That’s old news lol everyone knows gambling is addictive.
I find it undemocratic that sport books can ban serial-winners. It’s flooring your own losses, which it not common business. It should be banned - if people keep beating your odds, you should go out of business it’s your business risk
The problem isn't that books ban winners, but rather that they limit their action to only a few dollars. Other sites like Fanduel will limit action to a percentage of what they offer the general public, which is especially insidious. Sportsbooks should be regulated to forced to accept "bids" on their "offers" with the same amount of depth/liquidity to the public. If casinos are willing to allow a punter to wager $100K on an outcome, they should be forced to accept a sharp bettor to take that same bet.
If this results in a world where sportsbooks are extra risk-adverse and have lower limits for everyone, if there are increased cooldowns for the algorithms to suspend markets to evaluated if odds should be adjusted, all the better. If odds are worse for everyone, that's also fine--let these companies show themselves to be the real predators that they are, and let them be scared of being preyed upon like their customers.
It is a business. Everyone should keep their right to decide who to do business with.
Betting is a business, not a public service. Casinos are a company, set up to make a profit.
You think sports books are democracies?
@@stereomachine the best sportsbooks are and allow the same action to all the users. They invest more on odds accuracy than in risk management (kicking winners out), which is the way to go.
Sportsbetting is gambling, and gambling is an addiction. We as a society cannot allow multi-billion dollar sports leagues to infect people with an addiction.
Line must go up.
no gambling is gambling 💀
For SOME people; The same way EATING is an addiction for some people. You gonna ban food ads?
@@CowSaysMooMoo well people need to eat, people do not need to do sports betting like what kind of comparison is that?
@@velkorez2822 Fair; I meant OVEReat. Point is that anything can be abused if not done in moderation, and it is not the purveyors of the product that are at fault.
I'm glad I can count on the reliable reporting of Bloomberg™ to tell us all about sports gambling.
In a way that blatantly sidestepped the obvious issues of putting literal gambling in the pocket rectangles of literally every American.
If people were questioning if sports were fixed before, now they are sure.
Talking money lines on TV is disgusting!!
and just, not very interesting for most people
It had been a long time I watched ESPN, but I put on in my hotel room while I was away on a trip earlier this year.
I immediately realized how sports betting has completely ruined everything.
How did you immediately realies?
@ Every other segment was about recent sports betting trends. Every game on the bottom ticker had odds. And a leading story was yet another professional player getting caught sports betting.
Michael Jordan has entered the chat.
*Gambling killed sports.*
Just the fact that gambling is legal (and even promoted) makes all bet-able sports fixable, and therefore pointless.
Sports is no longer about competition.
It's now all about money, nothing else.
So organized crime vs organized crime.
The Officiating crew also needs to be held responsible which was not mentioned in this video. You can see it in action on most NFL games. In the Detroit Lions/ Minnesota Vikings game Detroit got away with a lot of defensive holding and pass interference calls. I am not a fan of either team, but it was quite obvious who was supposed to win the game.
“This presentation has been brought to you by DraftKings”
Asking players who play for the NFL to make comments on gambling creates a major conflict of interest considering they could face repercussions for criticizing the system. Shameful “journalism” by Bloomberg.
“Harry Kane’s already scored, we’re half way there”
Proceeds to show lost bet screen 😂
Bro, i think 4ra’s new ads show their commitment to quality. love seeing their dedication.
Is this sponsored by Sportradar?
I just can’t believe there’s that many people who won’t at least casually look up probability and statistics to convince themselves that they have no chance of ever winning consistently in the long run. And then when you realize that the companies they’re giving money to provide absolutely nothing to them in return, but rather just create ever more devious ways to fleece them of their earnings, it just becomes downright sad and twisted. Our culture just keeps finding ways to sink lower and lower. If you wanna gamble, gamble, but it should be done how it’s always been done: quietly and discreetly, or in designated venues, to minimize its destructive and pervasive influence. Our culture should absolutely not be hi-fiving sharks and bookies in the spotlight like this for all the world to see; it’s despicable.
Baseball is different from other sports in that their games are not one shot affairs.Series play makes the difference.
How come we always hear about athletes getting busted for tipping sports betting companies, but you never hear of any sports betting employees getting busted for accepting tips?
It's clear the American leagues aren't thinking about addiction when it comes to players but I bet some these cases we've seen are cases of addiction. The leagues are so scared of players betting they aren't offering support for folks caught gambling like the European leagues are. Jontay Porter was for sure an addict and he needs help.
Has it not been clear that America wants its people addicted? Let’s be real.
He need to pay back for people who bets lost, via betting companies.
I didn't follow sports of any kind, but this is fascinating
The best solution to the Jontay Porter match fixing I've heard is for sports books to stop offering bets on individual athletes to under perform. It much easier to fix a match by under performing than over performing.
No. That'd worse for the betters. Notice how touchdown are one way bet. Can't take the under and lots of gamblers lose on that each week.
Many of these hypotheticals center around the players impacting the results of a game to help bets.
What about officials?
Wasn't it an NBA ref what was imprisoned for game fixing?
There were many. The one you're talking abouts friends were co-conspirators were let go.
Yes, but that was a long time ago. Pre fan duel etc.
Players aren't fixing games. Refs? Always and forever
ESPN was always a bit loose with its journalistic ethics but now the whole format is a joke, everything pushes ESPN Bet.
Whats stopping the in booth reviews from looking at the money lost/won to decide on a call that is basically a coin flip call. Basically turning over a TD or giving someone the TD or call In their favor based on if they will lose more if they call one way or another. They talk about the players but honestly I’m more concerned of the upstairs people who make the calls on “booth review” plays. Not sure if I explained this well but 🤷♂️
Yes, those reload bonuses can be a lifesaver, especially when you hit a rough patch. Helps to keep playing without breaking the bank
The live casino games are my favorite. The blackjack tables especially. Feels like the dealer is right there with you
Having Aaron Finch at 4ra events brings a spark of trust and high-caliber sportsmanship
It should be illegal. It destroys lifes and the Sport itself
It being illegal doesn't stop anyone doing it.
Needs more stringent regulations
cope
Tobacco destroys far more lives. In the time it took you to read this, someone in the world died due to tobacco.
Where is your anger against tobacco? Get rid of the most harmful vices first before you start virtue signaling🤦♂
Yes it does @@Nswix
My biggest issue is game integrity being called into question. It's practically impossible to prove, and therefore impossible to disprove as there will always be doubt when it's possible; not to mention encouraged to get involved in sports gambling by every league.
it has been rigged long before legalization my friend
@@mikehennessy6766 NBA is most rigged league. Rigged by refs.
4ra having Finch as an ambassador adds a layer of trust and class to their events pure quality
Phsst.. let me tell you a secret, pro players have been betting in their leagues for decades and the teams management all know about it.
Oh nice! I was actually looking at their welcome bonus. It's pretty generous. Got some extra cash to play with
In America, only after they completely dismantled La Cosa Nostra did the government introduce online sports betting.
My recommendations came from a couple of buddies who are into sports betting. They helped me navigate the initial setup.
I think its very rude to only blame the players, when the clubs leagues and governments are all more than happy to profit from betting companies.
I usually follow the stats and trends for better betting decisions. But honestly, it’s all about enjoying the games for me
I'm mostly into roulette; the vibe feels just like a real casino. Got any favorites when it comes to table games
Regardless of what will be put in place. People who want to bet will eventually find a way to to bet 😅 Where there’s a will, there’s a way
fr like would they rather people bet illegally?
Yes, your information is valuable.
I don't think it's right for players to get in trouble for betting during the off-season or on sports different than their own when we're literally bombarded with at least one gambling ad per commercial break. Players should be smart enough to not place bets on their team or league, but otherwise the conflict of interest is minimal. I guess players with huge losses could be influenced, but even players with huge debt like Jordan had the means to afford the staggering bets waged
Or, we can accept that sports are nothing more than entertainment, like Hollywood.
they aren't allowed to smoke marijuana why should they be allowed to gamble? I think its more about banning them from doing silly things than the actual gambling aspect whenit comes to other sports
Yes bro, 4RA bets are the easiest and most fun . The interface is smooth and placing bets is a breeze. I'm ready for some action! Who's with me?
Thats why you can use advanced tools like Xaslarbet AI and take an edge against bookies. Take advantage of today’s technology, it’s not all that bad 😂
🤫
Thank you for this comment bro!
And how you think that AI is better than bookies AI? Im sure they have more money put in that sector than any other company can. If that Xarlabet is better than bookies, problem is already solved. all bookies go bankrupt this year.
Dont advertise that thing because someone may actually belive you.
@@finnishview2933 who said it’s better than bookies AI? Xaslarbet AI is looking for the best possible player props available and than give you insight in % of probability…
You're wrong. Because if you are successful at betting, the sportsbook will just ban you. Winning is not permitted.
The tech behind 4ra's betting is top-notch, bets go through so smooth 💨
Got a parlay locked and loaded for the nba opening night watching this to pass the time 💯💯
Bet on any game situation live from your phone! What could go wrong?
The way 4RA displays stats and info, makes deciding bets so much easier 📊
Ótimo documentário!
I keep to the classics like slots and occasionally blackjack. Keeps things light and fun. What's your strategy
What if the nfl was already fixed for a long time, and the Supreme Court paved the way for it to scale its business model?
Broo, even if we lose, it's gonna be okay because we'll still have Finch. He makes everything more enjoyable.
But who polices the profits the sports betting companies make? Is there any risk for them? Can they even a make a loss, especially if the betting is done online?
I mean they CAN make a loss but just like any other business, if they run the business well they won't. The whole idea is that the losers pay the winners - their goal is to create betting lines that will get roughly even amounts of money on either side. That's why the line changes over time - if lots of people are betting one side, they'll improve the odds for the other side to get more money to even it out.
Nope. They don't make losses. Only a fool would. In the UK all our big companies are profitable af, most have been bought out but operate under different brands. We're thankfully finally clamping down on gambling advertisement etc. The negative impacts on society can be huge. Ruins lives & families. It took decades to have safeguards in place in the UK, I just pray you yanks figure it out sooner rather than later.
They also BAN/LIMIT people who win too much.
@@coolcreepthat’s not how it works. Books move on sharp action to find the proper probability. They don’t care about equal action
In the US most of these books aren’t profitable. They have huge tax rates and a lot of competition
Haan yaar 4RA ke welcome bonus ne toh pehli baar me hi maza de diya tha, bohot badiya
Tried one of the live game shows last week won a bonus for answering a trivial question right 🧠
Never a delay in bet recalculations at 4ra, they keep it so professional
Telling everyone about 4ra's fair betting, it's a game changer.
Mujhe 4ra ke recalculations feature bohot pasand hai, kabhi bhi galti hoti hai toh turant correct ho jata hai
Super interesting topic. Personally I did quite a bit of sports betting when I was a teen through esports. Counterstrike had and still has a whole market of virtual skins which can be gambled, and allowed for kids to access gambling readily. Ever since I haven’t touched betting, it was quite addictive so I’m glad I learned my lesson when I didn’t have much money 🤣
It’s way worse now man. The whole Mr Beast dead tables with golden tickets in random bars. Saying your throwing in a ps5 in with a few random orders to get people to buy t shirts. Any game that has dlc that is a slot machine style of rewards hoping you get that Legendary. I’m in my 30’s and I like betting on football games to make them more interesting but I can’t because it’s illegal in my state. Yet I see gambling on things directed toward children all the time.
Betting on esports 😂😂😂😂
I hear you, but nothing beats the thrill of watching the roulette wheel spin. Got lucky a few times this week
That’s a great idea! Betting is always more fun with friends around, and those bonuses for referring them seem pretty generous.
My brother loves the poker rooms. Says the competition is decent, and the interface makes it easy to play
So no mention of Ohtani in this video…ok
😂😂
Sadly he got a pass.
Awesome I'll log in this weekend then. Have you joined any of the live game shows? They're a blast and have unique bonuses
It makes more money to rig a game than to actually earning the salary
Wait until they have their own "Pelossi" or "Cramer" and this industry will pop even more
4RA ke live games bohot engaging hain, real-time excitement milta hai
Yooo the backwards boat at 7:16 is craaazyyy
I got into cricket betting because my colleague made it sound so exciting. Have you picked up any new interests from friends on there
Lakers Vs Kings 02’ was a pretty big sports betting scandal
Lakers Vs Raptors was another obv one. But its NBA, everyone know that refs fix games. They dont even try hide it anymore. Refs in NBA are untouchable.
4ra’s bonus offers are legit the best, always giving more reasons to stay in the game 💸
I stick to slots for the most part; it's easy and I don't have to think too hard. What's your go-to for a relaxed gaming session
That leaderboard on 4RA? Got my name up there last week, felt like a king 👑
Sports betting is a simple money-funnel from young men to old men.
I absolutely loathe the combination of sports betting and entertainment. I find watching sports very difficult now and this is the primary reason why.
Binary options can bring a lot of money, especially if you use it in a right way
Aaron Finch representing 4rabet is a guarantee of high standards his reputation is solid gold
Finch's partnership with 4ra? A perfect match. Brings credibility and loads of fun!
Various congresses and parliaments around the world.
What’s that sports bar @ 3:11
Gotta love how 4ra manages to keep every bet feeling fresh and fair, they know how to run a game 🕹️
Interesting to not mention Ohtani
Could you do a video on advanced candlestick patterns?
Finch's strategies on 4ra are spot on, bro. Betting on cricket just got a lot smarter!
4rabet ka support team bhi bohot helpful hai, koi bhi problem hoti hai toh turant resolve kar dete hain
Just want to clarify for Calvin Ridley, he bet for falcons to win and the over on the second half points. He was betting on them to do better. Not saying what he did was okay just that he wasn’t throwing games
So..they expect us to blv ...that no riggerony is going on in the 4 major sports in America...lol
Following some tips from my brother turned into a decent win last month. Ever had a win that felt extra sweet because it came from a tip
The cricket vibes at 4ra are stronger with Finch, man. It's like having a captain for our betting team!
Two for the money 🤑
I stick to for the most part; it's easy and I don't have to think too hard. What's your go-to for a relaxed gaming session
We want on line POKER back!!!
The amount of corruption in online poker makes sports gamblers look like Boy Scouts. And this is just based on the number of online poker sites which have been caught and busted. No telling how much more scamming is going on at the sites which haven't been caught yet
Online poker today = you can win if your bot is better than other people bots. Not that many humans play anymore and bots beat humans who try to play. Online poker is dead because bots.
Let’s go gambling!
Verifying my account with 4ra was a breeze, security questions were smart but easy
what they think we want: sports betting
what we actually want: the return of video poker at buffalo wild wings
Have you looked at the reload bonuses They seem perfect for keeping the game going after the initial play
With Finch as an ambassador 4ra always feels more premium and reliable great vibes every time
This further highlights the fact that morality and legality aren't mutually exclusive terms. Something once considered a degenerate act is suddenly advertised everywhere, and the only difference is that now it's making the right people money. As long as we're moving this way I can think of a few other things people continue to do despite being illegal that would instantly become safer if they were simply regulated. The proliferation of gangsters in the 1920's following Prohibition was no accident. I feel like driving people underground into circumstances where grotesque brutality, death, and disease thrives is decidedly more immoral than partaking in those non-violent actions deemed illegal themselves.
Brooo, 4ra’s latest features have made betting so much cooler. tonight’s match is going to be lit!
Agreed on the crash games. You really never know what's going to happen next. It’s a real adrenaline pump