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NEWS ABOUT: wagering

Crazy Cardinals Wager Wins Man $375K

Anonymous bettor shrugged off 999-1 odds

(Newser) - Think the Cardinals were a longshot to win the World Series last night? One man who didn't mind 999-1 odds in September made two $250 wagers—and won $375,000, Yahoo Sports reports. His bet for the conference series won him $125,000, and his World Series wager turned... More »

Robert Gibbs Settles Up, Dons Canada Jersey

Press secretary lost twice to Canadian counterpart over Olympic hockey

(AP) - White House spokesman Robert Gibbs came to his daily on-camera briefing today wearing a red-and-white Canadian hockey jersey—the result of not one, but two losing bets on the US-Canadian rivalry at the recent Winter Olympics. More »

Why Gamblers Can't Walk Away

A near miss gives that winning feeling, study finds

(Newser) - Scientists have unlocked a key to obsessive gambling—the lure of the near miss. In search of the reason gamblers keep playing even after strings of horrible losses, Cambridge University researchers examined the brains of gamblers. They found that a near miss—putting a bet on a horse that finished... More »

You, Too, Can Pick a Winner

All you need is a buck and 3 key stats

(Newser) - Put down that mint julep: The Kentucky Derby is tomorrow, and you still don’t have a horse to bet on. But you do have a prayer, because Christina Settimi of Forbes, with help from horse racing expert Dean Keppler, outlines a winning strategy. With $118 million wagered, novices have... More »

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