NBA’s Silver: Legalize sports gambling

Related: Macau trumps Vegas with $270 minimum bets

The National Football League, Major League Baseball and the NCAA did not have a comment Friday on Silver’s position.

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Silver was acknowledging what has been obvious in the world of sports for decades: people like to gamble on their favorite games, and will find ways to do so, no matter what the law says.

CNNMoney (New York) First published November 14, 2014: 2:46 PM ET

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. “Over half of them have legal casinos.” He quoted estimates that $400 billion is wagered on sports every year.

But beyond those kinds of sponsorship deals, the leagues are betting that the biggest side benefit that gambling will generate is greater interest in their sport.

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NBA’s Silver: Legalize sports gambling – Nov. 14, 2014 by Chris Isidore   @CNNMoney November 14, 2014: 2:46 PM ET

Don’t bet on him being the last.

Silver says it is important to protect the integrity of games, but argues that it would be easier, not tougher, with legalized gambling.

On Friday, the Washington Redskins announced a marketing agreement with FanDuel, which runs daily fantasy games.

Related: Sports gambling vs.

“I believe that sports betting should be brought out of the underground and into the sunlight where it can be appropriately monitored and regulated,” he said.

The NBA announced its own partnership deal with FanDuel on Thursday that grants it an equity stake in the site. And that means even bigger broadcast rights deals for the leagues, which is where the big money lies. It is estimated to be a $1.4 billion a year business.

More interest means even better ratings for what has increasingly become the most valuable programming on television. And the New England Patriots already have a deal with a rival site DraftKings.

But there are already some signs of a change of heart at the NFL, the same league that once banned Vegas tourism commercials from the Super Bowl lest it be seen as endorsing gambling.

In the Op-Ed, Silver called on Congress to change the law prohibiting sports gambling in most of the country since 1992. the stock market

Leagues have opposed sports betting because of the possibility it could compromise their games’ integrity — a big concern ever since the thrown World Series in 1919, where Chicago players conspired with gamblers to intentionally lose the games.

“Most states offer lotteries,” He wrote.

“Gambling has increasingly become a popular and accepted form of entertainment in the United States,” Silver wrote in an Op-Ed Friday in The New York Times. That’s also the main reason that despite being an attractive and growing market, no major sports team is based in Las Vegas.

Fantasy sports is a form of sports gambling which is allowed under current law

8 Surprising Facts About Parenting, Genes and What Really Makes Us Who We Are

Genes vary within any group of people (even among the inhabitants of middle-class in Western society), and this variation contributes to variations in these people’s behaviors. The problem is that our understanding of the factors that contribute to the development of human traits in general — and to IQ in particular — is currently so deficient that we typically do not know if the environmental factors important in the development of a particular trait are stable across testing situations, vary somewhat across those situations, or vary wildly across those situations.

It’s very easy to imagine how slight genetic predispositions can get magnified through the course of development by the environment. Consequently, it doesn’t matter how heritable a trait is; if development of the offspring occurs in a different environment than the parent developed in, most bets are off.

Instead, the crucial environmental factors might remain unmeasured, and consequently, variability of those factors across the new range of environments could easily be very different than the variability of those factors across the environments sampled in the original study.

Parents Matter, And Will Always Matter

Turkheimer, E., Haley, A., Waldron, M., Onofio, B, & Gottesman, I.I. Unfortunately, careful consideration of these statistics suggests that they might not be applicable in any meaningful way, and so, consequently, are uninteresting at best and misleading at worst.

Deary, I.J., Penke, L., & Johnson, W. (2009). Hence, such studies are unable to generate satisfying understandings of the factors and processes that contribute to the development of intelligence.

The authors of many twin studies have claimed that the environments experienced by twins (or any two siblings) do little to create differences in intelligence and personality as adults. (2010). Genes are the mechanisms of experience.

The Actual Heritability Value Simply Does Not Matter

We hope these eight facts have cleared up some misunderstandings. Somehow, this finding translates to the media as “parenting doesn’t matter.” This couldn’t be farther from the truth.

Because adoption and twin studies that seek to account for trait variation in terms of genetic and environmental variation are always correlational, they reveal nothing about the causes of the appearance of the traits.

Moore, D.S.. Consequently, in this study, the heritability of IQ was reported to be close to zero! Among the richest, however, the heritability of IQ approached what Bouchard found: Variations in the genes accounted for most of the differences in IQ scores, and the shared environment accounted for very little of the variance. The Flynn effect — the dramatic rise in IQ witnessed in the 20th century — is a good example of that. Because our psychological characteristics reflect the physical structures of our brains and because our genes contribute to those physical structures, there are unlikely to be any psychological characteristics that are completely unaffected by our DNA. Nature Reviews: Neuroscience, 11, 201-211.

In fact, the least heritable features of human nature may be those that appear to be the most genetically determined! Consider the fact that having 5 fingers on each of our hands is not a particularly heritable characteristic (because most finger number variations in humans are attributable not to genetic variation, but to variations in experiences, such as accidents). The rich tend to get rich, and the poorer tend to get poorer. Therefore, gene-environment interactions are understood to drive the development of all of our characteristics. (1990). It’s possible for many traits to involve gene-environment correlations. Those who repeatedly don’t get picked for the basketball team may invest in other skills, such as physics or art. Nonetheless, it is quite obvious that genetic factors play a role in determining the number of fingers we have on each of our hands!

[Genes] are devices for extracting information from the environment. The causal route from genes to behavior is often very complex!

Therefore, when it comes to understanding the development of a trait in a particular person, nature can never be separated from nurture. Every minute, every second, the pattern of genes being expressed in your brain changes, often in direct or indirect response to events outside the body. Socioeconomic status modifies heritability of IQ in young children. a trait like height, which is highly heritable in most developed nations, is very affected by environmental factors, like diet). This study points to the fact that estimates of heritability depend on the sample that is studied, and the environment of that sample.

Heritability Says Nothing About Whether Intelligence Is More Determined By Genes Or The Environment

. Among the poorest, the shared environment accounted for most of the differences in IQ (60 percent), and the genes accounted for very little. Nature and nurture are inextricably intertwined, and it’s time for science to figure out how.

It’s important to keep in mind that the route from genotype (genetic makeup) to phenotype (observed behavior) is hardly ever clear-cut. If we then take a baby, newly born to a pair of alcoholic American parents, and raise it in a small village in southern India where it never encounters alcohol across its lifespan, it will not develop alcoholism. Nurture.” New York, NY: Times Books/Henry Holt & Co.

At the very least, heritability tells us how much of the variation in IQ can be accounted for by variation in genetic factors when development occurs in an exquisitely specific range of environments. Parents matter to the extent that they support the expression of genes.

Genes, By Themselves, Can’t Determine Anything

In one study, Eric Turkheimer and colleagues studied 320 pairs of 7-year-old twins who were raised in extreme poverty. As already stated, every trait develops through the interplay of genes and the environment. But all that we actually inherit from our parents are our genes and our genes’ (and our) environments, factors that then construct full-blown traits during development. Furthermore, identical twins reared apart were eerily similar to identical twins reared together on various measures of personality, occupational and leisure-time interests, and social attitudes.

Because we cannot assess the variability (across our testing environments) of all the yet-to-be-identified non-genetic factors that influence IQ, Moore argues that estimates of the heritability of IQ are effectively uninterpretable and unable to be applied in any appropriate way. Naked DNA (or RNA) is simply not sufficient to produce psychological or biological traits.

Heritability Is Not The Same As Heredity

Heritability does not tell us how likely it is that people’s characteristics will be inherited by their children. But does this mean that the variable “has a family” doesn’t matter in determining whether or not a person develops the ability to speak a language? Of course not! That’s like saying that water has no influence on a fish’s development because all fish live in water. Current Directions in Psychological Science, 4, 217-220.

In 1990, Thomas J. and his colleagues at the University of Minnesota published a striking finding: About 70 percent of the variance in IQ found in their particular sample of identical twins was found to be associated with genetic variation. Science writer Matt Ridley has put it this way:

Bouchard, , T.J., Lykken, D.T., McGue, M., Segal, N.L., & Tellegen, A. As Moore puts it in his journal article:

Because the development of behavioral and psychological characteristics can be influenced by experiential factors in ways that are unpredictable from casual observation, we cannot hope to happen to measure — through sheer lucky guesswork — which environmental factors contribute importantly to the development of those characteristics; we first need to understand the mechanisms by which those traits develop.

In reality, all biological and psychological characteristics are constructed during development, when genes interact with local environmental factors that can be influenced by the broader environment. There is reason to believe that under more dire circumstances, the heritability of IQ would be significantly lower than that reported by Bouchard. Just because a variable doesn’t vary doesn’t mean it has no causal impact on a particular outcome.

Some of the most well-known behavioral geneticists, including Thomas Bouchard, Jr., recognize that it’s time to move beyond heritability estimates. We often talk as if we “inherit” full-blown traits from our parents, like eye colors, nose shapes and shyness. The neuroscience of human intelligence differences. Science, 250, 223-228. A currently active area of research is the study of epigenetics, and how the many interacting genes that make up any trait are differentially activated depending on the environment. Because we know that genes play some role in the development of any trait, the precise heritability estimate doesn’t matter in a practical sense.

Twin Studies Do Not Reveal The Causes Of Intellectual Development

Heritability depends on the amount of variability in the environmental factors that contribute to a trait. After all, if everyone were raised in an identical environment, variations in their psychological characteristics couldn’t possibly be accounted for by anything other than variations in their genes (since there would be no variations in their developmental environments); the more variation in environments that twins in twin studies are exposed to, the lower the heritabilities we should expect to find.

The heritability of a trait can vary from 0.00 to 1.00, depending on the environments from which research participants are sampled.

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Johnson, W., Turkheimer, E., Gottesman, I.I., & Bouchard, T.J., Jr. (2003). However, David S.

Adoption studies and twin studies do not entail the purposeful manipulation of either specific genes or specific environmental factors. Moore, to list eight facts about genes, twin studies, and the heritability statistic that may come as a surprise to many people — even biologists!

Turkheimer’s study should also be a reminder that just because something is heritable doesn’t mean it’s immutable. The idea here is that environments set off an appetite in the genes that nudges individuals to engage in certain experiences, and the environment then responds in a reciprocal fashion that reinforces an individual’s nature.

Even if a population of individuals were to develop in a range of environments believed to be the same as that in which a particular study was conducted, the results of that study would not allow us to predict developmental outcomes in the new range of environments because the environmental factors that the researchers originally focused on — and controlled for — might not be the relevant environmental factors at all.

This raises a deeper point: Depending on what you hold constant, you can either show a genetic contribution or an environmental contribution. To put things in perspective, I teamed up with the well-known developmental psychologist at Pitzer College, David S. Since every single person in twin studies checks that box — that is, they are raised in a family of some sort — this factor never varies and thus does not predict differences in ability to speak a language. The way we work gives us choice.

None of the twins in Bouchard’s study were reared in real poverty, were raised by illiterate parents, or were mentally retarded. This cycle continues to magnify observed ability differences in basketball between those who keep getting opportunities to increase their skills and those who didn’t get picked that first time. The point is that both are always contributing to the development of any trait, and context matters in which accounts for more of the differences in a trait.

Many psychologists continue to compute heritability statistics without questioning what exactly it is that they reveal to us. Because traits that are 100 percent heritable can nonetheless be strongly influenced by environmental factors, it is not the case that a trait found to be heritable in a particular twin study will be passed from a given pair of parents to their children. Sources of human psychological differences: The Minnesota Study of twins reared apart. Likewise, as can be seen from the example below, genetic factors influence the development of non-heritable traits just as much as they influence the development of highly heritable traits.

Heritability Depends Entirely On Context

Unfortunately, findings from twin studies are often misunderstood, misinterpreted and blown out of proportion — not just by the media, but even by serious scientists who get their work published. Psychological Science, 14, 623-628.

Twin studies partition the variance in nature and the variance in nurture. The Flynn effect should be a reminder of just how much the environment matters, even after completely controlling for genes (by looking at IQ changes across generations).

Even so, the findings from twin studies should not be understated; it counters many a prevailing belief that we are born into this world as blank slates, completely at the mercy of the external environment. You get picked first for the basketball team, whereas your smaller friends may not get picked at all. It makes no sense to ask whether a particular individual’s intelligence has been more determined by nature or by nurture. Moore has argued that even this is not significant when we realize that the magnitude of any heritability statistic reflects the extent of variation in unidentified non-genetic factors that contribute to the development of the trait in question.

Take the most essential element: a child needs to be raised in a family, almost any kind of family, to develop the ability to speak a language. Genes could “account for” 100 percent of the variability in a trait in a particular twin study, but this does not mean that environmental factors are therefore unimportant in the development of the trait; parents still matter and will always matter.

The fact that both our genes and our environment contribute to who we are and depend on each other is actually quite a good thing! Give too much control to our environment or our genes, and we lose free will.

Bouchard’s study, along with many others, has painted a consistent picture: Genes matter. But it is not at all obvious prior to developmental analysis which environmental factors might make important contributions to the development of specific traits, so that approach would leave us measuring a seriously unwieldy number of variables.

It turns out that parenting matters, just in a way different than originally assumed. Nature and nurture are complementary, not at odds.

Let’s be clear: Twin studies have received much criticism. This would give you more experience in basketball, which increase the chances you’d get picked first for another team. The genes and environment eventually become correlated.

Heritability Doesn’t Necessarily Have To Do With Biology

Because heritability is a population statistic, it has nothing to say about the individual. Bouchard, Jr. The studies say nothing about how they matter, or which genes matter, but they show quite convincingly that they indeed do matter. Even though the proliferation of advanced statistical techniques (such as structural equation modeling) and the implementation of additional controls have allayed some of the concerns, they haven’t allayed all of the them.

Does Heritability Have Any Practicality?

Environmental factors influence the development of highly heritable traits just as much as they influence the development of non-heritable traits (i.e. After reading these facts, it might be reasonable to ask, “Does the heritability coefficient have any practical value?”

The parenting factors that are statistically associated with differences between individuals should never be confused with the parenting factors that cause the development of a trait within an individual. Beyond heritability: Twin studies in behavioral research. This allows researchers to determine whether differences in genes or differences in the environment in a particular population are associated with more of the differences in observed behavior.

Of course, we could just aim to measure all of the environmental factors that might affect the development of a trait. Genes matter to the extent that they support parenting, because like any other behavior, parenting behaviors are influenced by the genes. Let’s imagine that a study of alcoholism in the United States finds that the vast majority of the variation in people’s tendencies to drink to excess can be accounted for by variation in their genes. Imagine if you were born slightly taller than others (maybe you don’t have to imagine this!). (2003) The Dependent Gene: The Fallacy of “Nature vs

10 Steps You Can Take To Stop Gambling Today

STEP 6: BAN YOURSELF FROM GAMBLING (ONLINE AND OFF)

If you go to a local casino, take a caring friend and ban yourself for life.

If you play online, contact the online casino and have your account closed permanently, & demand to be banned from their site. Don’t know where to turn to for help? Email jason@livegamblefree.com

STEP 5: CARRY RESOURCES WITH YOU AT ALL TIMES

Get or print off pro gambling recovery literature & carry it with you at all times.

Read it daily, especially in first months.

STEP 1: GET RID OF YOUR MONEY

If you want to stop gambling right now, the first step begins by stopping to carry money. A gambling problem is very strong, plays many tricks on on our minds, & tries to convince us of many lies. There are therapists, counselors, & life coaches out there trained to help you stop. If you gamble online, get gamblock today.

STEP 7: REMIND YOURSELF WHY YOU’RE STOPPING, & FOR WHO.

Make a list of the people you love & love you back. Carrying recovery reading & phone numbers help. Call them ANYTIME you need to. It may sound funny, but joining a group of fellow recovering gamblers gives you strength & power over your gambling. Good help seems to come from ex-gamblers themselves because they’ve been there, & they understand. (Email the author at jason@livegamblefree.com for online communities you can join today). The only time casinos won’t let you gamble, is when you don’t have what they want……money.

There is but one good throw upon the dice, which is, to throw them away. Know that if they can do it, you can too. You help yourself and others triumph over a common enemy. There are 1000′s of people who once were severely addicted to gambling, haven’t gambled for months and even years. In the moment, you’ll want a plan of action to take when the urge to gamble attempts to overwhelm you.

When you absolutely must stop gambling right now, here are 10 steps you can take today.

Jason is a recovered compulsive gambler of over 5 years and a certified professional life coach. You make lifelong friends who will always understand and care.

This step can be done by attending Gamblers Anonymous, Celebrate Recovery, & finding online support and help. Carry only a very small budget for food each day and thats it.( absolutely no more than $5). He is an author, life coach, sponsor, & former GA chapter president, husband, & stepfather.

STEP 2: GET HELP TODAY

To overcome something as powerful as a gambling problem or addiction, we must get help from others.

Help is out there in many forms. Combat this with the previous 9 steps & a one on one coach, sponsor, or therapist. Inpatient Treatment is another. Put up pictures of them & when you see it, remember that’s who you’re stopping for.

Recognize that if you gamble, you’re letting them down.

Remind yourself of all the bad things that have been caused by your obsession to gamble. Know what to do & who to call if a thought or urges to gamble hits you….(and unfortunately they will).

Author’s Bio: 

To learn the secrets to stopping gambling now, & to get 1 on 1 coaching from Jason visit http://www.livegamblefree.com or email Jason at jason@livegamblefree.com

STEP 10: GET 1 ON 1 SUPPORT.

Stopping Gambling isn’t easy. Connect your gambling with the the negative consequences its brought into your life.

These 10 steps are an excellent start to stopping gambling today.

If you have any unanswered questions or need to be pointed in the right direction email jason@livegamblefree.com

STEP 3: JOIN A COMMUNITY OF RECOVERING GAMBLERS

Recovering in numbers is key. This includes credit cards, debit cards, access to bank accounts, checks, loans, etc. If you want to stop starting right now, block all access to money. He’s overcome his own addiction to gambling & has helped many others do the same.

STEP 4: SUBMIT YOURSELF TO A PROGRAM OF RECOVERY

What does this mean exactly? It means you must submit,commit, & trust in the program of recovery you choose. Its best to find someone who’s been in your shoes, but hasn’t gambled in quite some time.

Make sure you like them, they have your best interest in mind, & truly do help you. -Author Unknown.. Gamblers Anonymous is one. (because it is the truth).

STEP 9: HAVE A PLAN IN PLACE FOR YOUR NEXT URGE

When your next urge comes, what will you do? You’ll need to know the answer to this. Have phone numbers listed for people to call who support you in your recovery. You trust that the program will solve your gambling problem, as long as you never give up on it.

STEP 8: STAY HOPEFUL

Only those who never give up on themselves & their program of recovery beat gambling. If needed, list them out. In the beginning the constant thoughts and urges to gamble can be intense. Know that there are 1000′s of recovering gamblers

The Cosmopolitan of Las Vegas Opens State-of-the-Art Race and Sports Book by Cantor Gaming

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Follow us on Twitter at www.twitter.com/cosmopolitan_lv

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About Cantor Gaming

Cantor Gaming is an affiliate and gaming licensee of global financial

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Forty-three ‘trading’ stations each feature plush seating, viewing

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Artificial intelligence: Key to ​Kentucky Derby betting?

Nyquist

Although several prominent industry leaders remain wary of artificial intelligence, and a recent high-profile experiment with it went awry, the technology could revolutionize everything from smartphones to automobiles. For comparison, none of the experts at Churchill Downs predicted the top four horses, let alone the top four horses in the correct order.

How does the system work? According to the company, the technology is built on a closed-loop system inspired by the insect swarm found in nature.

4. All Rights Reserved. Mohaymen

The artificial intelligence company Unanimous tested its new software platform, UNU, on last weekend’s Kentucky Derby, as reported by TechRepublic. Twenty participants, convened by the company, first used the software to narrow the field of 20 horses down to four top picks.

You probably didn’t consider basing your Kentucky Derby bets on artificial intelligence — but maybe you should have. The participants then used UNU to predict the winning order — and it turned out to be 100 percent correct.

1. Gun Runner

In a statement, Unanimous’ chief information officer David Baltaxe said the whole process took the company’s AI tool 20 minutes.

© 2016 CBS Interactive Inc. In a recent 60 Minutes/Vanity Fair poll, more than half of Americans (53 percent) called society’s quest to advance the field of artificial intelligence “important.”

3.

“I placed my $1 bet on the race at the Derby on Saturday and made $542.10 — the odds of winning the superfecta [the top 4 finishers in order] were 540-1,” TechRepublic reporter Hope Reese wrote. The idea is that “many minds are better than one,” therefore the act of pooling individual insights gives groups a better chance of reaching optimal decisions.

2. Exaggerator

Leagues discussing sports betting – ABC News

Congressmen, Frank LoBiondo and Frank Pallone of New Jersey, have introduced federal bills to amend the Professional and Amateur Sports Protection Act, the 22-year-old federal ban on state-sponsored sports betting. And that is happening now in the state of Nevada; so we have relationships with the betting companies in Las Vegas, so that we are notified if there’s any irregular activity. According to Whelan’s office, the NBA responded and expressed interest in discussing the issue, but has not followed up.

In addition, two U.S. He wrote an op-ed in The New York Times in November that called for Congress to create a federal framework and allow states to authorize betting on pro sports.

The other major professional sports leagues are not on the same page. John McCain, speaking last week on ESPN podcast “Capital Games,” said he also believes it’s time for Congress to hold hearings to discuss legalizing sports betting.

In September, New Jersey State Sen. “Should it be viewed in the competitive team-oriented sense that it is now, or does it become a vehicle for betting, which may in effect change the atmosphere in the stadiums and in the arenas?”

Meanwhile, three states, New York, Indiana and South Carolina, have introduced bills to legalize sports betting this year. Major League Baseball, while transitioning to new commissioner Rob Manfred, declined comment. Silver said the Donaghy scandal helped shape his new thinking on the legalization of sports betting.

While discussions are ongoing behind the scenes, Silver is the only active commissioner to come out publicly in support of legalization.

“We’re not ready to take a position on which model is the right one for the NBA,” Silver said. “I leave it to them to make any public statements they want to make on it. Discussions on the issue have been taking place between the owners for several years, but until the other leagues come on board, it remains complicated for owners like Ted Leonsis of the Washington Wizards. Leonsis also owns the Washington Capitals of the NHL.

“Some of our owners are also owners in other leagues, so it’s something that they also want to talk to the commissioners in the other leagues about,” Silver said. But we’re also aware that that’s a minuscule percentage of the overall betting on our sport.”

“The Donaghy controversy also made me aware how important it is that we have a way of monitoring irregular activity on our games,” Silver said. LoBiondo and Pallone are hoping Silver’s stance sparks interest in their bills, but both are also wary of the other leagues’ resistance.

Sources with direct knowledge of the meetings came away believing the NHL is more open to legalization than Bettman’s comments indicate. The NHL is currently considering placing a franchise in Las Vegas, and like all the leagues, is participating in daily fantasy sports.

The NBA is not the only professional league in the United States taking a close look at sports betting legalization.

In addition to the conversations between the commissioners, there have been other private meetings between council for the leagues to discuss the pros and cons of legalization, multiple sources with direct knowledge told ESPN.

“As long you have the other major leagues saying that ‘this is evil and bad’ and ‘we don’t want it,’ that will be an excuse for many to just stay away from it,” LoBiondo said.. “But for the FBI knocking on our door and notifying us about Donaghy’s betting, none of the systems that we then had in place had captured any betting by Tim Donaghy.”

While he may not have the full support of the other leagues, Silver says NBA owners approve of his approach. The NHL’s Gary Bettman has been the only commissioner to speak out since Silver’s op-ed.

“I think there needs some attention to be paid to what sport is going to represent to young people,” Bettman said in an interview with CNN. The NFL says its opposition to legalized sports betting has not changed. Donaghy admitted to betting on games he officiated and passing along inside information to gamblers. Sen. “My greatest concern is that there will be in essence a hodgepodge of regulations controlling sports betting that will vary from state to state, jurisdiction to jurisdiction and will make it increasingly difficult to monitor betting on our very own sport.”

“While I wouldn’t categorize [daily fantasy] as sports betting,” Silver said, “on the continuum of no betting at all and legalized betting, it’s certainly somewhere on the spectrum, but not yet sports betting.”

The NBA has spoken with the English Premier League about how it handles the betting on its matches and studied financial models in jurisdictions where sports betting is legal, like China, New Zealand and the U.K.

Silver said the NBA is not currently taking an active legislative approach, but others are. Jim Whelan and State Assemblyman Vincent Mazzeo sent a letter to the NBA offering a .25 percent commission fee off bets. I will say that certainly all of them are interested in having a better understanding of the issue, and I know have assigned people in their organizations to study intensively the issue as well.”

Silver also addressed the gambling scandal involving former NBA referee Tim Donaghy in 2007. That case is headed to appeals court in the spring.

“It’s my personal view that there should be federal legislation on this issue, in part to avoid what is happening now,” Silver said. “We do know that the more information that is centrally aggregated, the better chance we’ll have of spotting irregular activity on our sport. Minnesota state representative Phyllis Kahn has told ESPN that she’ll be introducing a similar bill early in this legislative session. New Jersey has been fighting in court against the sports leagues, including the NBA, to bring Las Vegas-style sports betting to its ailing casinos and horse racing tracks for four years. “I think most of our owners’ view on the issue is that they’re comfortable with us taking a leadership position on the issue, but again are also mindful that it’s a complex issue, and is one that will ultimately require a legislative remedy, and not one that is necessarily at the top of their to-do list, in terms of active lobbying.”

“I have talked to the commissioners in the other leagues about [legalizing sports betting],” NBA commissioner Adam Silver said in an exclusive interview with ESPN The Magazine in late January at the league’s Manhattan office. He was convicted and served 15 months in federal prison. The NHL did not respond to multiple requests for comment

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How to Bet the Kentucky Derby: A Beginner’s Guide

He’s dominated all the races he’s run so far and all eyes will be on him. If you’re in it for the thrill of victory alone (and not the money), he’s a good bet.

Betting on Your Picks: “I’ll take $2 to win on the four horse, please.”

In horse racing, you need to bet on what place the horse will come in. If your horse comes in any of those positions, you’ll get money.

If you’re sure you’ve got the winner and you only want to place a simple bet for him to come in first, go ahead and bet your money that way. If you’re not going to be in Louisville for the big day, you can head to your local racetrack or off-track betting outlet and place a bet there.

You’ve got your mint julep and your fancy hat ready for the Kentucky Derby, but are you ready to place your bet on the horse you think will win?

Picking a Horse

There are 20 horses in the field for the Kentucky Derby, though as of now only 19 will be running Saturday (#11 Hopportunity was “scratched.”) All the horses are 3-year-old male thoroughbreds, which means they’re young horses with lots of talent that is still developing and not a ton of experience.

Many casual bettors will pick a horse based on name or looks, but there are better ways to judge the odds for whether a horse has a shot at winning. The words “first, second, and third,” are replaced by “win, place, and show.” If you think your horse is pretty good but not going to come in first, you can bet that he will “place,” — that is, come in first or second. Saturday. You can place your bet anytime up until about 20 minutes before the race goes off at 6:24 p.m. Each horse will have a record of recent races he’s run, what place he finished, and how far ahead of the other horses he was. Like it’s name implies, the superfecta pays out big bucks if you manage to get it right.

Now it’s off to the races. A horse that goes into the race with 50-1 odds but comes in first place will pay out the most money to the bettor. Good luck racing fans!

Like all sports, horse racing has its own language that can be confusing to casual watchers. Or you can bet that he will “show,” — that is, come in first, second, or third. Say, “I’ll bet $2 on (horse’s name or number) to win.”

If you’re done with the beginner stage of betting, you can up your odds of winning by doing more complicated bets that yield bigger payouts: exactas, trifectas, and superfectas. It looks something like this: Vicar’s In Trouble (20-1).

Horses with a high first number (like 20-1 or 50-1) are considered unlikely to win the race. Horses with lower first number (10 and down) are considered top contenders.

Betting on a horse with good odds will not pay out much money if they win. What’s a superfecta anyway, and how do you bet one?. You’re trying to hit the sweet spot: a horse with okay odds who you think has a shot at winning.

The favorite going into this weekend is California Chrome, with 5-2 odds. Conversely, betting on a horse with bad odds will pay out a lot of money if they do win. Here’s a quick guide:

Exacta: You pick the two horses you think will come in first and second, in that order.

Trifecta: Pick the three horses you think will come in first, second, and third – in the right order.

Superfecta: You guessed it. Give that a good look to see who’s done well recently.

Look for a horse that has won most of his races by a good length. The Kentucky Derby is one and a quarter miles long, longer than any race these horses have run before, so the winner will need stamina.

Odds and Favorites

When you look at a race form there will be a number in parentheses after each horse’s name.

Here’s our guide to making sense of the Run for the Roses. That number shows what the odds are that the horse will win. Therefore, betting on him won’t yield a big payout. For a superfecta you pick the top four finishers in the right order

List of Hobby Ideas

Now whichever hobby you may be interested in, it is essential to pursue it either for pleasure, enjoyment, leisure, or an altogether different degree of happiness and satisfaction.

Index

Generic Hobbies

Detailed List

There is a popular saying which goes, “Lucky are those who have time after work for pursuing their hobby, but luckiest are those for whom work itself is a hobby”. As we don’t wish to discriminate against an individual’s choice of hobbies, we thought of listing them in an alphabetical order.

Aerial photography

Sudoku puzzles

Baseball

Digital photography

Kayaking

Swimming

Drawing

Event planning

Diving

Internet radio

RV camping

Casino games

Making gift baskets

Feng shui

Patio decorating

Lawn care

Hip hop dance

Instant messaging

Yoga

Exploring online forums

Martial arts

Origami

Badminton

Scrapbooking

Portrait photography

Creating wall art

Boating

Rowing

Sports betting

Riddles

Charity work

Trekking

Quilting

Hiking

Interior décor

Coin collection

Face painting

Bird watching

Tap dance

Break dance

Samba

Skateboarding

Home decorating

Paragliding

Human evolution

Roman history

Pottery

Rock climbing

Having a birdhouse

Running and jogging

Soccer

American football

Mountain expeditions

Online chatting

Playing video games

Coaching

Cosmetics

Parachute jumps

Ancient history

Mountain biking

Online games

Greek mythology

Cake decorating

Amusement parks

Blogging

Internet home businesses

Bodybuilding

Contemporary art

Salsa dancing

Disney vacations

Snowboarding

Treasure hunting

A hobby is an activity that we all love and enjoy. But is that all the list should include? Surely there has to be a larger variety of hobbies out there. Metal art

Listening to online music

Chess

Sports photography

Snowmobile racing

Reading

Dog training

Powerboat racing

Weightlifting

Jet skiing

Rumba

Embroidery

Jewelry making

Woodworking

Leather crafts

Indian dance styles

Golf

Ham radios

Sailing

Writing

Archeology

Shopping

Handicrafts

Hot air balloon rides

Belly dancing

Comic books

Basketball

Canoeing

Dinosaurs and fossils

Stamp collecting

Generally speaking, there are many types of hobbies that we get to see around us. That way, you will enjoy it much more and to the fullest.

Body piercing

Wildlife photography

Poker

Designing ponds or water fountains

Astrophotography

Paper crafts

Magic and optical illusions

Playing board games

Playing PC games

Crochet

Meditation

Reiki

Beading

River rafting

Wedding photography

Black & white photography

Ballroom dancing

Candle making

Party planning

Knitting

Ice skating

American history

Aerobic exercises

Online trading

Hang gliding

Hunting. Most people assume that typically, a majority of women will be interested in knitting or sewing as a hobby. On that note, let us have a look at a comprehensive hobbies list, and one which includes a diverse list of hobbies and interests for people of all ages – children, adults, elders, retired citizens, etc.

Generic Hobbies

Ballet dancing

Learning tarot card reading

Geography and geology

Tennis

Latin dance

Kite flying

Irish dancing

Internet TV

Racing sports cars

Space travel

Scuba diving

Camping

Surfing

Coloring pages

Figure skating

Kitesurfing

Snow skiing

Making clay sculptures

Horse riding

Exploring caves

Social networking

Studying dream interpretations

Skydiving

Astronomy

Traveling

Speed skating

Handcrafted jewelry

Gardening

Fishing

Flower arrangements

That was a long, long list of hobbies, wasn’t it? Before signing off, I leave you with a little bit of parting advice. For many, collecting postage stamps can be an enjoyable pastime, whereas for others, the interest lies in a variety of extreme sports such as snowboarding down icy mountain slopes. Let it be a way of achieving inner satisfaction, peace of mind, and experiencing happiness. Why don’t we go over a more specific list, shall we?

A Detailed List of Hobbies

Sewing

Landscape photography

Nude photography

Cooking

Internet shopping

Space exploration

Bungee jumping

Card games

Rappelling

Street racing

Volunteering

Spiritual healing

Handwriting analysis

Online auctions

Palmistry and numerology

Learning foreign languages

Motorcycle racing

Architectural photography

Astrology

Aromatherapy

Crystal healing

Wet plate photography

The following list is composed of a variety of hobbies for men, women, and kids of all ages. Arts and crafts, sports, performing arts, culinary arts, social service, gardening, traveling, collecting souvenirs, etc., are a few things that come to mind when we think of the word ‘hobbies’. Regardless of the hobby (or hobbies) you select, try not to look at it as a way of filling your pocket. However, there are some daredevils out there who love to ride motorcycles as well

A dream come true: World’s most incredible bets

The Italian rider got the record-breaking day underway with a win on the aptly named three-year-old colt, Wall Street.

In 1996, jockey Frankie Dettori left bookmakers in tears after defying 25,000-1 odds of winning all seven races at Britain’s Ascot Festival.

In the late 1980s a consortium of Sydney bookmakers joined forces to accept Packer’s awesome bets, which could be around $5 million on a single race.

But the bookmakers were rubbing their hands at Sydney’s Golden Slipper Stakes in 1987 when Packer lost around $7 million throughout the day — including $2 million on his own horse, called Christmas Tree — reported Melbourne newspaper The Age.

Dettori’s magnificent seven

The Irishman could have been accused of letting his heart rule his head when he bet $75 on all five of his boss’s horses winning.

But Murphy happily proved the skeptics wrong, scooping $1.5 million in an accumulator — a single bet which relies on all horses winning.

Story highlightsLegendary billionaire gambler JP McManus big player at CheltenhamMore than $820m bet at four-day British horse racing festivalTop betting stories include stable boy turned millionaireLucky punter who won $1.5m on horse called A Dream Come True

For a legendary gambler who thinks nothing of betting a million dollars on one horse, Irish businessman JP McManus is by all accounts a surprisingly reserved man.

It was a rare victory for the thoroughbred, who won just 10 of his 62 races.

Nicknamed the “Sundance Kid” for his bold gambling, McManus famously won $1.3 million in just one day at Cheltenham in 2006, in series of wagers with similarly daring bookmaker “Fearless” Freddie Williams.

As Cheltenham wraps up for another year on Friday, CNN’s Winning Post takes a look at five of the most incredible horse racing betting stories of all time.

Stable boy-turned-millionaire.

Despite the 2,000,000-1 odds, every horse won, granting the gambler a whopping $1.5 million windfall.

This time last year, 29-year-old Conor Murphy was a stable boy — until one lucky bet at Cheltenham changed his life forever.

If ever there was an opportunity to step back in time and place a bet, it would surely be on the Kentucky Derby’s 1913 winner Donerail.

The three-year-old colt remains the highest odds winner in the history of the race, placed at 91-1, said the Kentucky Derby Museum.

One hundred years ago, those putting $2 on Donerail would have collected $184.90 in winnings. “He’s one of those faces that when he walks into a betting ring, everyone is wondering what he’s going to do.

“But you’d never believe he’s such a big, brazen better — he’s very polite, very unassuming, a real gentlemen.”

He became the first person in Britain to win £1 million ($1.5 million) in a betting shop.

One lucky punter, Darren Yeats, placed a £59 ($89) accumulator bet on all of Dettori’s races — despite being warned off by his wife.

Surprise winner Donerail pulled away at the last stretch, setting a new track record with a time of two minutes and four seconds, beating his nearest rival by half-a-length. He’s got balls of steel when it comes to placing bets,” says Barry Orr, spokesman for Betfair, the world’s biggest online betting exchange.Now worth an estimated $1 billion, the 62-year-old property mogul and horse owner was a big player at this week’s Cheltenham Festival — one of the biggest betting events in the Britain.

Described as the “Olympics of jumps racing,” more than $820 million is bet during the four-day festival, with many punters taking their lead from the almost-mythical McManus.

“McManus is a legendary figure because of how brave he is,” Ladbrokes bookmaker David Williams says.

A Dream Come True

It started with a horse called Isn’t That Lucky and ended with one called A Dream Come True, for one lucky punter from Yorkshire in Britain.

In 2008, the unnamed man placed just 75 cents on eight horses winning in an accumulator bet, said the BBC. By today’s standards, it’s roughly the equivalent of placing a $46 bet and getting $4,300 back.

Five years later, Ascot erected a lifesize bronze statue of the jockey at the entrance of the famous racecourse, in honor of his historic wins.

But the bold gamble paid off and Yeats left the track £550,000 ($830,000) richer.

“The atmosphere in the winners’ enclosure was amazing,” Nick Smith, head of public relations at Ascot, told CNN.

“We actually had champagne for him after the sixth win, and then after the seventh the whole place just erupted.”

It’s become one of the fabled wins in horse racing history — and the elusive dream that lingers in the back of every punter’s mind.

Packer, who had an estimated fortune of $6.7 billion at the time of his death in 2005, was a legendary figure on the track who struggled to find individual bookmakers with enough money to take him on.

Australian media tycoon Kerry Packer wasn’t known as “The Big Fella” of gambling for nothing, famously halving betting odds in a matter of minutes with his million-dollar wagers.

Murphy placed the wager online three months before the race, giving him greater odds — and greater returns — than those betting on the day.

The huge windfall helped finance his lifelong ambition of working as a trainer in Louisville, home of the prestigious Kentucky Derby, he told British newspaper The Telegraph.

Against the odds

The biggest loser

From humble beginnings as a bookmaker, McManus earned a reputation as the fearless man on the track who would take on any wager — no matter how big.

“He’s an absolute legend