Sport is made for betting

Sad news today of an Australian sports bookmaker going bust. The Australian Securities and Investment Commission (ASIC) website shows that liquidators have been appointed for SportsAlive. Should SportsAlive have adhered to their licensing conditions, specifically the one below, then all should be fine for punters. However, it sounds like a few guys have been slow paid for a while (this year's not the first time they've had cash flow problems) so it may be that one of them got fed up with it and called in the lawyers. Staff apparently hadn't been paid for a fortnight either. 4. Segregated Bank Accounts 4.1 A sports bookmaker must, for the purposes of the sports bookmaking business, maintain a segregated sports betting bank account for the purpose of betting monies received. For full details of the ACT legislation, where SportsAlive were licensed, click here . This is a critical test of the strength of Australian bookmaking regulations. Hopefully it won't be ...

I've been disappointed by the lack of value in the Aus Open matches so far. So many lacklustre betting contests with very little to get excited about. Tonight I've gone for something different. I give a couple of underdogs in the men's a chance to at least take it to the seeded favourite and stretch the match out. So I've bought games at SportsAcumen, looking for a four-setter at least, or some tiebreaks. Buy games at 31 Berdych v Dabul. 6-1 6-1 6-3 (23) -8 Buy games at 32 Nalbandian v Lu. 6-4 5-7 4-6 6-4 6-2 (50) +18 Worst case scenario is a triple bagle totally just 18 games. The upside is if there was another contest like that 16-14 Muller v Lopez match on Monday.. can only dream though! The prices are usually in favour of the sellers in these markets, so I'm a bit wary. I'm not a natural spread bettor, it's very tiny in the Australian betting industry, so tonight is just a dabble.