The buzz here in Las Vegas is about the spending and tax bill making its way through Congress.
Buried in the bill is language to the effect that gamblers can only deduct up to 90% of their losses on their tax returns.
Now if you think this only affects high-volume professional bettors, this piece by Jeff Erickson explains why this provision would affect everyone in the sports betting ecosystem.
Gill Alexander and Kelley Bydlon hit this topic on A Numbers Game yesterday.
I doublechecked with Gill to make sure pro bettor/rabble-rouser Bill Krackomberger was doing his normal Thursday appearance (11-noon ET).
Gill texted back: Sitting with him now at the Italian American Club. He will not disappoint.
It ain’t over till it’s law, so we’ll see what happens in DC.
MLB mid-season report
Speaking of Gill . . . On the Beating The Book podcast, he does his MLB at the Mid-Season check-in with Mark (Basewinner) Borchard.
They go through betting-relevant stats such as top ROI teams, best/worst first 5 inning teams and most reliable umpires for Overs and Unders.
Greg Peterson has four Best Bets for today’s MLB slate.
Adam Burke, Steve Makinen and Josh Appelbaum will file their daily contributions later this morning.
Get your NFL Betting Guide
The 94-page PDF has 32 team previews along with features including:
>Steve Makinen on Key Stats for Predicting Improvement/Decline and his Win Total Projections
>Matt Youmans and top bookmakers on the Super Bowl futures market
>Josh Appelbaum on How to Use NFL Betting Splits
>Zach Cohen on Who Will Be This Year’s Surprise Team
>Adam Burke on Betting Alternate Win Totals and the Effects of the New Kickoff Rules
>Best Bets from VSiN’s hosts and writers
Quick Hits
Golf: I will be sleeping when the John Deere Classic tees off (7:45 a.m. ET), but I’ve already read Wes Reynolds‘ Best Bets. Check the golf picks page for 49 plays from hosts and guests.
NBA: VSiN.com senior editor Zach Cohen weighs in with his thoughts on the Lakers’ signing of 7-footer Deandre Ayton.
Wimbledon: Zach posts his daily Best Bets on our tennis page and add more picks throughout the day on our tennis picks page. Gill sends me his picks for the page in the evening for the next day’s action.
Horse Racing: “Mr. Ed” Sehon and 1/ST BET handicapper Jeremy Plonk have posted picks for today’s Saratoga card. Horse racing coverage is sponsored by 1/ST BET. Get your $200 sign-up bonus.
