Internet betting firm freezes trading after arrest
Business: UK company BetonSports makes “urgent enquiries” with US officials after chief executive’s arrest.
Related Sports Betting News:
- Sportingbet warns of ‘material impact’ on trading in light of US legislation
- Casino firm Stanley Leisure profit down 4 pct
- 888 plans to buy internet betting firm
- PartyGaming jumps 11 percent on first trading day
- Philweb partners with UK firm for online sports betting
- The Complete Betfair Trading Course
- UK spread-better IG says confident for full year
- (AFX UK Focus) 2005-08-01 07:52 GMT: ubet2win in contract with betfair to access business management software
- Ex-finance boss sues gambling firm at centre of FBI inquiry
- Betcorp Starts Trading On London’s AIM >BCL.AU
- Online trading is nothing but gambling: Jaya
- Online betting downunder for Betfair
Interesting gambling information:
- Parimutuel wagering refers to the type of gambling where the total prize pool is based upon the amount of money wagered. The more money gambled, the bigger the prize.
- Originally, the double-zero wheel started in Europe and the single-zero wheel started in America. But, Europeans liked the single-zero wheel better, and Americans liked the double-zero wheel better so they switched. Today, the American wheel and double-zero wheel are synonymous.
- Although the Greeks had a profound understanding of mathematics they had no concept of probability, and assumed that the outcome of games of chance was due to the will of the gods.
- French mathematicians Pierre de Fermat and Blaise Pascal explored the mathematics of gambling, leading to the formulation of Pascal's theory of probability in 1654.
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