CNBC put out a well done documentary recently covering the issues of online gambling and the inconsistency of U.S. policies on the issue. Check out a complete description along with air times at the cnbc website : The Big Business of Illegal Gambling.
See a clip of the documentary here:

In other news:

Delaware will take sports [...]

This is a great video that gives background on the issue of state sponsored sports betting and shows the powerful forces fighting against the citizens of Delaware’s desire to have legal sports betting in their state. I strongly recommend watching this video.

Sports betting history was made today as sports bettors in Delaware placed the first legal bets under the new state-sponsored sports betting system. The AP covered this remarkable milestone, outlining some of the contentious history surrounding this issue:
DOVER, Del. — Sports betting in Delaware officially got under way Thursday after surviving a contentious legal battle [...]

Michael Franzese talks about his experiences as a mafia boss and his direct knowledge of game fixing in the world of sports. A fascinating talk giving the listener an insider’s view of the seedier side of sports betting. From a conference in the UK sponsored by PlayTheGame.org.

Thanks to Safe and Secure Internet Gambling Initiative for posting this video of Barney Frank introducing his new bill to regulate internet gambling. If you want your freedom to gamble online restored, please leave a comment on the video showing your support for this legislation.

As mentioned in my previous post, the introduction of a new legislation to legalize some forms of online gambling has been generating mainstream press coverage for what was once a niche issue. This video from Bloomberg TV is a good example of this increased awaremess:

In related news, as expected Delaware Governor Jack Markell [...]

Sports betting systems don’t work. That is to say, sports betting systems that are openly for sale on the internet won’t work in the long term. The problem is that if a system is successful, it will attract a lot of users. When too many people start using a system, the sportsbooks [...]

There are a number of people posting video blogs on Youtube related to sports betting. While mostly they seem to be trying to sell you something, some do offer some decent information and in some cases great entertainment. Here is a brief review of a few of the sports betting video blogs that [...]

This ad for online handicapping service Pendulum Sports is absolutely hysterical!

Nice work guys!

One cool thing about the internet is that it’s breaking the oligopoly held by the major TV networks with regard to programming. With the low-cost software, hosting and distribution channels available out there, more and more people can bring a creative idea for a television show to fruition. These sports bettors out of Vegas [...]