Online sports betting news page with the latest sports gambling information from the best places to bet on the internet.

BetOnSports Founder Sentenced to several years in Prison

The U.S. Department of Justice has announced the sentencing of Gary Stephen Kaplan, the founder of BetOnSports, the online sports wagering business. Kaplan has been sentenced to fifty one months in prison on multiple charges. The charges are related to the illegal overseas operation of sports wagering. (04/11)

Delaware Man Earns Record Setting Win

A Delaware man has set a new record for the biggest win so far in the sports betting offerings in the state. Delaware recently began offering parlay betting the lucky man won $96,000 when he bought two 10 team parlay tickets. (02/11)

Dover Downs Decides Against Expansion Project

The owner of the Dover Downs Hotel & Casino in Delaware was planning on a casino expansion project which would house a new sports book but now has decided against the expansion. Since the courts ruled differently on sports betting than expected, the casino would not turn a profit for expanding. (30/10)

Problems Leave Sports Bettors Unpaid in Delaware

Officials in Delaware stated yesterday that some gamblers did not get paid on Sunday for their winning parlay bets due to a malfunction in the central computer system. Apparently there was a glitch in the system which caused the players to not get paid. (27/10)

Queens, New York Sporting Betting Ring Busted

Authorities in Queens, New York have busted an offshore sports betting operation. The operation has links to the mob and they got away with a half-billion dollars in wagers. A corporation as well as thirty individuals has been indicted in Queens in connection with the operation which stretches across the country. (22/10)

Sports Betting Site Changes Look with Anniversary

Spreading betting site Spreadex recently changed the look and feel of their online site to celebrate their tenth anniversary. The new site includes new features and improvements as well as financial and sports homepages. (19/10)

Yankees are Online Odds Favorite to win World Series

After blasting past the Minnesota Twins in the first round of competition, the New York Yankees are the online odds favorite to win the World Series. If the odds are correct and the Yankees win they will have won twenty seven World Series Titles. (14/10)

Sports Betting Revenue Impresses Head of Finance in Delaware

Parlay sports betting in Delaware has gotten rave reviews even though the betting is limited and not what was originally going to be offered. Tom Cook the acting Finance Secretary of Delaware has spoken highly of the sports betting offerings and commented that the latest revenues have shown yet another significant increase. (13/10)

Olympic Committee Sets Up System for Illegal Betting

A new system has been established by the International Olympic Committee to watch for illegal betting. The new system was created to watch for illegal betting connected to Olympic competitions and the system will be ready for the 2010 Vancouver winter games. (07/10)

NBA Decides to Begin New Season with Replacement Referees

The NBA recently told teams in the league to expect the season to begin with replacement referees instead of full time employees. The NBA and the referees’ union could not come to an agreement and thus the new season will begin with part time officials. (02/10)

NASCAR Fans Enjoy Parlay Betting at Dover Racetrack

Although they could not bet on the actual race, NASCAR fans enjoyed their time at the Dover International Speedway where a race took place recently. NASCAR fans were decking out in their racing gear to enjoy the race and also place a few parlay bets on the NFL. (30/09)

Bookmakers Still Favor Patriots to Win Super Bowl

The New England Patriots are still favored to win the Super Bowl after their latest game against the New York Jets. The Patriots lost the game and did not give the most stellar performance, but they still remain the favorite at online sports books. (23/09)

Delaware Gets Economy Boost during First Week of Sports Betting

After just one week of offering legalized sports betting, the state of Delaware has already reported a revenue increase of $257,870. This amount is from the parlay bets that were placed during the past week. The state wanted to offer full sports betting options but due to pending lawsuits is only available to provide parlay betting. (21/09)

Race for F1 Driver’s Championship Almost Over

Only four races are left in the F1 Driver’s Champions after last weekend’s race which saw Jenson Button finish second behind Rubens Barrichello. Both drivers are in contention to win the Championship and online sports books have released their odds on who will win. (17/09)

Sportsbetting Site Signs New Sponsorship Deal

Bet-at-home is a subsidiary of Mangas Gaming and they recently announced they signed a new two year deal with the European Handball Federation. The new deal will see the online sports book advertising their services in handball arenas throughout Europe. Advertising will be seen at club matches as well as women’s and men’s EHF Champions League matches. (14/09)

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