hootmon wrote:
Beardown wrote:
The FEDS monitoring "inside info" in sports gambling is the same reason they have the SEC. Whose responsibility is to promote full disclosure and to protect investors against fraudulent and manipulative practices in the securities markets.
At least the NBA is paying attention. The SEC is about as effective as the Chicago inspector general.
Right. Well, I meant in theory the SEC is watching.
I'm laughing at Dan's answer to a caller. "Gambling doesn't matter, people don't bet until they hear the starting lineup of the game." That was such a stupid answer. Bernstein said it like he knew what he was talking about.
1. It's safe to assume the regular starters of an NBA team are starting unless you hear of an injury.
2. People do bet early if...THEY HAVE INSIDE INFO THAT 3 BIG TIME STARTERS, THAT ARE HEALTHY, DIDN'T MAKE THE TRIP TO MIAMI.
People who had this info were waiting for the sports book to open before it got out. Or they bet the night before. Like I said, some books have the next days game up at the end of the night. I think most books in Vegas open at 8 or 9am on a weekday. Maybe a little later.