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Action Network: Pros betting PHI-NO, plus two other games

“Reverse Line Movement: When the betting line moves in the opposite direction of the betting percentages” writes Josh Appelbaum for actionnetwork.com. By using our betting tools at The Action Network and Sports Insights, we can track how sharps are affecting betting lines for every NFL game.Heavy public betting — with 81% of spread bets as of writing (see live data here) — pushed the Panthers to -4.5.Line Freeze: When one side is getting heavy betting, but the line won’t budge, indicating sharp liability on the other side.Over the first five weeks, contrarians stacked…

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Insiders explain why investors and customers are going crazy for startups that help big companies keep up with Silicon Valley disruptors

“With CI and CD, companies can release changes to customers as often as they want, whether it’s once a month or 20 times a day” writes Rosalie Chan for businessinsider.com. In the old days, customers would have to wait all year for a new software release.Continuous delivery builds off of CI, but involves the processes by which those code changes are released to customers. Source: businessinsider.com Share This:

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VW betting $50 billion on electrification, autonomy, mobility services

“Volkswagen announced Friday that it intends to spend about $50 billion through 2023 on a variety of new tech, including mobility services, digitalization, autonomous driving and vehicle electrification” reports cnet.com. Volkswagen is also making moves into the mobility-service space, starting with Moia, a new VW Group subsidiary dedicated to providing services for people who want to ditch their cars. Source: cnet.com Share This:

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Here’s why Walmart is betting on Microsoft’s AI to challenge Amazon in online and physical retail

“Walmart plans to use Microsoft’s AI technology to help with product search and recommendations on its recently-revamped website” writes Rosalie Chan for businessinsider.com. With AI, Walmart can also figure out the best models to price an item, especially seasonal items, Lin said. This robot is already being used in about 50 Walmart stores across the country, and Walmart plans to leverage Microsoft’s AI technology to improve these bots.Walmart and Microsoft have shared more details on their plans to team up and take on their mutual rivals at Amazon.At the event,…

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Culture Secretary Met Pro-Gambling MPs Just Weeks Before ‘Delay’ To Betting Crackdown

“The culture secretary held a meeting with pro-gambling MPs just three weeks before the government controversially delayed plans to crackdown on addictive fixed-odds betting machines” writes Jasmin Gray for huffingtonpost.com. In response, a spokesperson for the Treasury said that it “consulted widely with interested parties” before making the final decision.The decision led to the dramatic resignation of sports minister Tracey Crouch, who had campaigned against the machines, which have been dubbed the “crack cocaine” of gambling. Source: huffingtonpost.com Share This:

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Arkansas voters pass Issue 4, issuing licenses to four casinos that includes potential sports gambling

“All casino gaming receipts will be subject to a 13 percent tax on the first $150,000,000 of net casino gaming receipts, and a 20 percent tax on net casino gaming receipts exceeding $150,000,001” writes Nov Est for sbnation.com. On Tuesday, voters passed Issue 4, which requires casino gaming licenses be issued to casinos in four different counties.The state of Arkansas could soon join the growing ranks of states that allow sports betting. Source: sbnation.com Share This:

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FanDuel inks deals with NHL, Devils for sports bets, fantasy

“The company has become a sports betting partner of the league, as well as its official daily fantasy sports partner” reports foxsports.com. The latest in a series of deals between sports leagues and gambling companies happened Monday morning when FanDuel, the daily fantasy sports company and recently minted bookmaker joined forces with the National Hockey League and its New Jersey Devils franchise for sports betting and fantasy sports play.Now, the leagues are realizing sports betting can be a profitable partner instead of an existential threat. Source: foxsports.com Share This:

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How esports, gambling, and sports betting are converging

“When the federal government banned online gambling back in 2007, it shut down a lot of the online gambling operations by restricting payments” writes Dean Takahashi for venturebeat.com. We talked about esports, online gambling, and cryptocurrency.Joseph Pappano, managing director of Worldplay Gaming, is watching this space closely, as it means that legal esports betting, sports gambling, and other forms of gambling will eventually converge into a single market.That meant a lot of things, including the notion that esports betting could finally step out of the shadows in the legal sports…

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