Congress should act on ‘scandalous’ fantasy betting: Reid | Reuters

According to a trade group, the employee inadvertently released player data – a practice that experts liken to insider-trading. “There’s absolutely scandalous conduct taking place through those programs, fantasy sports,” Senate Democratic Leader Harry Reid told reporters.

Reid’s statement raises the prospect of congressional scrutiny and possibly new regulations for websites such as DraftKings and FanDuel that have drawn millions of users who pay a fee to compete for daily prizes by assembling teams that accumulate points based on how the players did in actual games.

“I think it also should be a warning-shot to everybody that online gaming is a real scary thing and we ought to look at all of it,” said Reid, who is a former Gaming Commission head in Nevada, a hub of the industry.

WASHINGTON The top Democrat in the U.S. The group declined to comment.

Meanwhile, Representative Frank Pallone and Senator Bob Menendez, both New Jersey Democrats, asked the Federal Trade Commission to look into the fantasy scandal.

Both companies confirmed on Monday that a DraftKings employee won $350,000 from a $25 entry fee in an American football contest. But they may raise the DraftKings incident as another example of perils of online betting as they make their case, according to a former congressional aide now working to ban online gambling.

The House of Representatives could hold hearings this fall, said Pallone, the top Democrat on the Energy and Commerce Committee.

(Reporting by Andy Sullivan and Diane Bartz, writing by Andy Sullivan; editing by Alan Crosby)

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The Fantasy Sports Trade Association has spent $80,000 over the past year to defend its interests in Washington, lobbying records show. Senate called on Congress to examine fantasy-sports betting services on Tuesday after reports that an employee with access to insider information placed bets in the unregulated multi-billion-dollar industry.

Critics say daily fantasy sports services allow fans to bet with a frequency akin to gambling and led to the rise of the two industry leaders.

So far, fantasy sports services have escaped the restrictions that have outlawed sports betting in most states.

The two privately held companies say they temporarily banned employees from playing daily fantasy sports.

Online gambling foes who are pushing for a nationwide ban on casino-style Internet gambling are not yet targeting fantasy sports services. The Republican-controlled committee is looking into the issue, a spokesman said.

The issue could draw the attention of conservatives like House Judiciary Committee Chairman Bob Goodlatte, who has pushed to outlaw other forms of online gambling

Arbitrage Betting Techniques Helps to Earn Money

Well, yes, it is legal, although some bookmakers will not take your bet if they suspect arbitrage betting. It can be a complicated formula, but if you are interested in arbitrage betting, we encourage you to read up on the subject. Therefore, what is arbitrage betting, exactly? This type of betting means that when it comes to a sporting match, the gambler places a wager on several aspects of the match, with different bookmakers. However, its not something that is heavily guarded against, as in general terms, each bookmaker still feels they win in an overall sense after all, you are just playing their odds you win on the differing numbers between bookies. Successful sports betting takes a feel for the game youre betting on, a lot of knowledge about injuries and trends, and an understanding of the odds. Any type of sporting event that has a gambling factor to it, there is always some kind of interesting and unusual bet that can be made.

The basic premise is the odds between two bookmakers may differ. And if that happens, depending on the difference and the bets offered, one could feasibly bet both sides of an event with competing bookmakers, and guarantee a small profit no matter who wins. But in the modern world of sports betting, we have even more tools at our disposal than ever, and not taking advantage of them means youre not doing everything you can do to win. Win, lose, low point spread, high point spread, you name it. Nowadays, there are an unlimited number of computer simulations and formulas designed to rank and rate teams in just about every sport you can think of and with a little thought, its easy to see how you can utilize them when making sports picks. Now, were not going to go into the math here, as it can be long and somewhat complicated, but trust us when we tell you that arbitrage betting situations can and do exist all the time. It is these types of free-thinking bookmakers that allow for heavy arbitrage betting taking place. While this sounds like an insane waste of money, the idea behind it is that, regardless of what is being bet, the bettor is still going to get a profit no matter who wins the game. Of course, with this type of wager, one needs to be seriously adventurous. The big key to arbitrage betting is to find differing odds amongst different bookmakers. And thats where your friendly independent bookmaker comes in.The ones that will tend to go against the grain and give odds on what they personally think, and not the established odds. Learn about sports bettingand sports betting optionsat BonusBonusBonus.com.

One of the more daring wagers that a bettor can do is called arbitrage betting. Combine all of those, and you might just come out on top. This is also referred to as a sure win bet.

Sports betting have always been part art, part science. And, of course, bet enough money and a small profit becomes a big one. It usually takes a hefty cash layout to participate, but, if you feel its a sure thing, well, why not? If you are sporting enthusiasts, and you would like to put a little wager on some event or think that you can predict successfully, then you can earn some bucks by using the arbitrage betting systems.

Popular Hobbies for Girls

One way of making good use of this facility is to harbor your interest in writing or poetry by blogging. Sure, it sounds boring and slow, but if you like to use your creativity in color scheming, this is surely where you could use it. There are many types of handmade jewelry which you could try making, such as hemp jewelry, bead loom jewelry, stone jewelry, etc., and these could be sold as well. In the paragraphs below, we have a list of hobbies and interests which you could use, so read on and take your pick.

Jewelry Making

Another way to channel your creativity is to make beautiful and attractive jewelry, such as earrings, necklaces, bracelets, etc. There are various types of hobbies which kids can follow. Blogs help teenage girls to get an audience for their short stories, articles, or poetry. Making beautiful woolen scarves, mufflers, sweaters, booties, caps, etc., could be a time-consuming as well as economical hobby for starters.

Blogging

All teenagers are used to using the Internet very often for various purposes, such as networking, finding information, enrolling to online courses, etc. Depending on the level of their interest, these hobbies could be made into their professions as well. With such a variety of hobbies for girls, you could choose any of them and start right away. Even though there is no particular age to pursue your interests, starting them at an early age is always advisable.

The mechanism of humans having hobbies is very interesting to know. Using various color combinations could make this job easy. As writing and reading also helps in many other ways, such as relieving your tensions and strengthening you emotionally, it could be a great hobby for teenage girls.

Woodworking

Even though this hobby is more of a “guy thing”, you can surely use it if you are interested in building things from wood. Their talents as writers are appreciated, which is definitely a healthy use of the Internet. There are many cuisines throughout the world, which I am sure you are waiting to learn more about.

Knitting

Other than matching your clothes, shoes, makeup, and accessories with each other, there are many other interesting things young teenage girls can indulge in. When you excel in it, you receive appreciation, because of which you want to continue practicing that special interest. Like I said earlier, you need to know what you like first and the rest will follow. Because of that affection, you put in your whole heart and concentration in doing it perfectly, and eventually might even excel in it. Hobbies are activities that one enjoys performing irrespective of their professional or personal barriers. For a group of young girls, this one’s surely one of the fun hobbies.. Using various types of wood, you could create many new objects, such as tables, chairs, toys, shelves, and other furniture. They are stress-busters that help in keeping a calm mind so that you are physically and emotionally healthy. There are so many culinary secrets waiting to be revealed, and if you love cooking, this is what you should do. However, if you are ready to create in the true sense of the word, then go for it!

Since childhood and adolescence is the perfect age of learning new things and developing your interests, many parents and teachers inculcate hobbies in children. You can use your creativity in baking by preparing unique cakes and cookies, with lovely toppings and decorations; while in cooking, you could use it in discovering various new flavors and spices, which can affect the taste of any particular dish. Therefore, girls are subjected to sports, books, art and drama, languages, pottery, and other interests in schools and colleges. They are very easy to make and all you need is some unique designs and patterns. One of these is knitting as a hobby. When you are at a learning age, such as teenage, developing an interest and using it to strike a balance is very essential. But, you will surely have to work slightly hard in this hobby, as holding equipment for wood working could be a difficult thing. When you discover that you like doing something, you develop an affection towards it. So, find out what’s that one thing that is meant only for you and go ahead with it.

Baking and Cooking

As a natural instinct in women, baking and cooking various delicious foods is also one of the most popular hobbies for girls