CENTREBET FOR SALE?
Plenty of interest from Brit buyers for Aussie online gambling firm
The possibility of an online gambling-friendly change in Australian federal gambling laws is creating ripples of interest among analysts and potential buyers alike, reports The Australian newspaper.
Shares in the family owned company Centrebet soared 16 percent this week, giving it a market capitalisation of A$143 million on speculation that three major overseas online gambling companies could be interested in snapping Centrebet up.
The company is 60 percent owned by the family of CEO Con Kafataris, and analysts opined that Ladbrokes, William Hill and Sportingbet are likely overseas suitors.
Industry observers base their speculation on the report of the Australian Productivity Commission (see previous InfoPowa reports) which has recommended a number of reforms to Aussie gambling law which are favourable for the growth of online sportsbooks and casinos in Australia, a country with a strong gambling culture.
"The report foreshadowed ending state TABs' monopoly operation of betting terminals and allowing Australian operators to run online casinos as well as introduce online betting on events while in progress," The Australian advises, quoting one analyst who is sure the prospect of such a change has heightened overseas interest in the Australian online gambling market's potential.
Centrebet released a statement to the Australian Securities Exchange on Monday saying it had received "a number of confidential, indicative, non-binding and conditional proposals from parties expressing an interest in the possible acquisition of the company and is facilitating discussions".
The Australian notes that Centrebet's takeover talks with the British firms follow the UK-based Paddy Power's purchase of a controlling stake in Australian-based Sportsbet in the middle of last year and Sportsbet's subsequent purchase of fellow Australian operator IASbet.
NBA: Boston at Milwaukee (8:00 PM ET, FSN)
After spending a month taking advantage of a schedule that included some of the league’s worst teams, the Milwaukee Bucks are one game into a stretch that sends three of the NBA’s best to the Bradley Center. They already turned back the LeBron-less Cavaliers on Saturday night. Up on Tuesday are the Boston Celtics, and Bucks are a 1-point home favorite according to Sportsbook.com.
A breakout performance from the struggling Brandon Jennings helped the Bucks top the team with the league’s best record, and they’ll look for a 10th win in 11 games Tuesday night as they try to snap the Boston Celtics’ four-game winning streak.
Milwaukee (33-29, 40-21-1 ATS) was three games out of the Eastern Conference’s final playoff spot as of Jan. 26, but it has gone 15-4 and even more amazing 15-3-1 ATS since then to jump into fifth place. Of the Bucks’ first 14 victories in that stretch, 13 came against the bottom nine teams in the East. Only Miami, which Milwaukee beat three times, currently owns a winning record.
Visits from Cleveland, Boston (40-21, 26-34-1 ATS) and Utah in a seven-day stretch should give the Bucks a bigger challenge, but questions remained even after their first test. Jennings scored 25 points in a 92-85 victory Saturday over the league-best Cavaliers, who gave LeBron James a night off to rest his sore ankle.
“There’ll be people saying it was a great game and there’ll be other people saying well, LeBron didn’t play, if he would have played, they would have won,” said Andrew Bogut, who had 15 points and nine rebounds. “It’s a lose-lose situation for us.” The Bucks are 18-4 ATS after playing a game as a home favorite this season.
Milwaukee can hope Jennings’ effort is the precursor of a personal turnaround. The rookie point guard had averaged 9.9 points and shot 29.7 percent since Feb. 1 before sparking the victory over Cleveland. Just three days earlier, after shooting 2 for 12 in a win over Washington, Jennings said he wasn’t even sure if wanted to continue taking shots.
That public display of frustration didn’t please coach Scott Skiles. “Right now, I’m playing for something bigger,” Jennings said after hitting five 3-pointers against the Cavaliers. “Main thing is get to playoffs, having the city start believing in us and keep going on from there.” Milwaukee hasn’t lost a game against the spread since Feb. 17 to Houston, accumulating 9-0-1 ATS mark.
If Milwaukee ends up in the postseason for the first time since 2006, it might find itself facing the Atlantic Division-leading Celtics in the first round. Boston is 4-0 (3-1 ATS) in March after going 9-11 from Jan. 14-Feb. 27, but much like during the Bucks’ winning stretch, the competition has hardly been fierce.
The Celtics’ streak has been built against the teams currently occupying then 9th-12th spots in the East, and they had to battle back to beat Washington at home on Sunday night. Boston trailed 79-66 with 6:11 remaining before responding with a 20-4 closing run to secure an 86-83 win. Ray Allen had eight of his 25 points in the decisive stretch.
“We’ve lost so many of these where we played poorly and lost,” Celtics coach Doc Rivers said. “It was nice to play poorly and win. I just wish we could have played the first 40 minutes, like we played the last eight.” Boston is 24-12 ATS after a win by six points or less over the last two seasons.
Boston lost its latest visit to Milwaukee last March 15 as Allen, Paul Pierce and Rajon Rondo combined to shoot 8 of 36. That was the Celtics’ only loss in the series’ last eight games (3-5 ATS). Kevin Garnett - who didn’t make a field goal Sunday for the first time in more than 14 years - had 25 points and nine rebounds in a 98-89 win at TD Garden on Dec. 8. Bogut had 25 points and 14 rebounds in the loss while committing a season-high seven turnovers. That was one of only three Milwaukee losses in 17 games in which Bogut has scored 20 points or more.
Sportsbook.com has the Bucks as a one-point home favorite with total of 188 and they are 11-3 ATS after successfully covering the spread in four or more consecutive games. Normally, Milwaukee and the word defense are not used in the same sentence, except for negative connotation. However, the Bucks are 10-2 UNDER when the total is between 180 and 189.5 points, winning by seven points per game this season. Boston definitely prefers to play at their own pace, with pale 2-12 ATS record versus teams averaging 83 or more shots a game since the beginning of the season and are 25-12 UNDER in road encounters when playing against a club with a winning record.
This Eastern Conference matchup is available in both local TV markets at 8:00 Eastern and Milwaukee is 14-5 ATS when the line is +3 to -3 this campaign.
StatFox Power Line – Milwaukee by 7
Major Conference Tournament Betting Trends By Steve Makinen
Hopefully you picked up the Conference Tournament Tendencies article focusing in on the leagues that started their tourney’s last week, as some of the trends uncovered really fared well, especially those dealing with totals. In that piece, I covered the smaller conferences. Here, I am back to address all of the action occurring this week, including the major conferences like the Big East, ACC, Big Ten, Big 12, Pac 10 and SEC. Many bettors find the action this week to be even more exciting, or if you want to say, maddening, than the first days of the NCAA tournament. There will certainly be a lot to choose from, both at your sportsbook and on your TV. Make sure you consider the following trends before making your commitments.
Big East Conference
- In Tuesday/Wednesday Big East Conference Tournament action, or the early rounds, FAVORITES are on a run of 17-5 SU & 14-8 ATS (63.5%) since ’05. When broken down among line ranges, you’ll find FAVORITES of less than 7-points are on a 9-2 SU & ATS run.
- The quarterfinal round of the Big East tournament has been very high scoring over the last four years, with 11 of 16 games (68.8%) going OVER the total.
- On average, one of every four Big East quarterfinal games is an upset, with 12 underdogs winning outright over the L12 years. Underdogs of 7-points or more during that span hold a 10-6 ATS edge (62.5%).
- Underdogs have held the edge in the Big East semifinal round over the last five years, going 6-4 SU & 7-3 ATS (70%). Those getting more than 3-points have covered five of the L6 (83.3%). Fatigue tends to set in this round as well, as defense rules the day. Since ’99, UNDER the total is 15-7 (68.2%).
- A strange pattern has developed in the Big East tournament title game, with underdogs and favorites alternating ATS wins EVERY YEAR since ’98. Accordingly, the UNDERDOG is scheduled to cover in ’10 after Louisville’s chalk win over Syracuse last spring.
Atlantic 10 Conference
- UNDERDOGS have managed to split the eight first round Atlantic 10 tournament games of the last two years after FAVORITES had been on an incredible 24-2 SU & 21-5 ATS (80.8%) run.
- FAVORITES of 7-points or less are on a run of 18-4 SU & 17-5 ATS (77.3%) in first round Atlantic 10 tournament action since ’01.
- Including 3-1 ATS a year ago, FAVORITES in the quarterfinal round of the A-10 tourney, going 20-7 SU & 18-9 ATS (66.7%) since ’03. During that stretch, DOUBLE-DIGIT FAVORITES are 9-0 SU & 7-2 ATS (77.8%).
- The semifinal round of the A-10 tournament has proven quite competitive, with UNDERDOGS of 4.5-points or more having gone 5-3 SU & 7-1 ATS over the last dozen years.
- The A-10 title game has been anything but competitive, with underdogs having won just once in the last 10 years (1-8 ATS 11.1%).
Big 12 Conference
- There might be no other major conference tournament that has seen more UNDERDOGS cover with regularity than the Big 12. In fact, since 2000, dogs are 61-44 ATS, a solid 58.1%. UNDERDOGS of 6-points or more are 37-21 ATS (63.8%) during that stretch.
- The last three Big 12 tournaments have been particularly defensive-oriented, with UNDER the total converting in 22 of 33 games (66.7%), and the losing team being held to 60 points or less in 17 of those contests.
- On Big 12 tournament games with totals set at 147-points or higher, the UNDER is 13-3 (81.3%).
- The last 12 Big 12 tournament quarterfinal games have gone UNDER the total (100%). UNDERDOGS are 7-3-2 ATS (70%) in that span.
- Like clockwork, the last seven years of Big 12 semifinal games have seen one favorite cover, one underdog. Of the games with lines set at 6-points or higher, UNDERDOGS are 5-1 ATS (83.3%).
Conference-USA
- The millennium also saw a shift from favorites to underdogs holding the edge in Conference USA, as dogs are a healthy 60-45 ATS (57.1%) since ’00.
- Double-digit lines are a regular occurrence in the C-USA tourney, and teams laying 10-points or more are 19-0 SU & 11-8 ATS (57.9%) since ’06.
- The best value on C-USA tourney UNDERDOGS comes with those getting 6.5-points or less, as they are 20-17 SU & 26-10-1 ATS (72.2%) dating back to ’03.
- C-USA UNDERDOGS in the FIRST ROUND own a 24-13-2 ATS (64.9%) record since ’00.
- Of the 16 C-USA round one matchups since ’06, the UNDER is 13-3 (81.3%).
- The C-USA quarterfinal round also “goes to the dogs”, as UNDERDOGS are 9-3 ATS (75%) over the last three seasons.
- With Memphis dominating the proceedings, the FAVORITES turn the tables in the semifinal round, having gone 17-3 SU & 12-8 ATS (60%) over the L10 years. The Tigers have won four straight title games as favorites as well, going 3-1 ATS (75%).
- Since 2006, UNDER the total is 10-2 (83.3%) in the C-USA semifinal & final games.
Mountain West Conference
- Having held the yearly edge in every one of the last eight Mountain West tournaments except 2005, UNDERDOGS are 40-18 ATS (68.9%) overall during that span.
- There is a sizeable break at one particular line point in past Mountain West Tournament games. FAVORITES of 9-points or more are 8-7 ATS (53.3%) since ’02. UNDERDOGS of 8.5-points or less are an incredible 33-10 ATS (76.7%).
- UNDERDOGS hold a particularly strong edge in the early Mountain West Tournament action, going 16-4 ATS (80%) in the round one and quarterfinals games since ’06.
- FAVORITES have done well late in the last three MWC tourney’s, going 7-1 SU & ATS (87.5%) over the last three years in the semi’s and title games. Note: last year’s championship game was a pick em’ pointspread.
Pac 10 Conference
- The Pac 10 is one of the few conferences whose tournaments have been ruled by FAVORITES in recent years, as those teams laying the points are 23-10 ATS (69.7%) over the last four years, including the first six games of the ’09 proceedings.
- The Pac 10 tourney games have also been high scoring over the L4 years, 23-12-1 OVER (65.7%) since ’06.
- FAVORITES of -3 to -6 points are on a run of 12-0 SU & 9-2-1 ATS in the Pac 10 Tournament.
- Don’t even bother considering underdogs in the first round or quarterfinals of the Pac 10 tourney if basing it on recent years, as FAVORITES are on an incredible surge of 20-4 SU & 19-5 ATS (79.2%) in those rounds since ’06.
- UNDERDOGS stand a much better chance of covering late in the Pac 10 Tournament, 11-7-1 ATS (61.1%) since ’03 in the semi’s and title games.
- The key benchmark on wagering totals in the Pac 10 tourney is 156. In games with posted numbers less than that, the OVER is 34-19 (64.2%) since inception. In those higher than 156, the UNDER is 7-2 (77.8%).
Big West Conference
- The Big West Conference has seen a fairly even distribution of favorites and underdog covers over the last seven seasons, with FAVORITES owning a slight 25-22 ATS (53.2%) edge.
- More on the competitiveness of the Big West tourney…since ’03, there have been only 10 games with lines of 7.5-points or more, with UNDERDOGS going just 1-9 SU, but 8-2 ATS (80%) in those contests.
- The last five years of the Big West Tournament have been a goldmine for UNDER bettors, as those playing that side of the total have gone 25-9, for 73.5%. During that span, on totals averaging 137.6 PPG, the games have produced just 133.5 PPG.
Big Sky Conference
- The Big Sky Conference has shown a shift to FAVORITES in the last three seasons, as those teams laying points have converted 10 of the 15 (66.7%) games during that stretch.
- There have only been two upsets in the Big Sky Conference tournament semifinals over the last seven years, and FAVORITES are 10-4 ATS (71.4%) in that span.
- The Big Sky Conference is one of few where LARGE UNDERDOGS, or those getting 7-points or more, have a good shot at an upset, owning a 4-8 SU & 8-4 ATS record since ’98, including 2-2 SU & 4-0 ATS over the L2 years.
- FAVORITES in the -4 to -6.5-point line range have been nearly automatic in Big Sky Conference tournament action, 16-1 SU & 15-2 ATS (88.2%).
Big Ten Conference
- For being a dog-dominated event for most of its early years, there has been a shift to FAVORITES in the last three Big Ten Tournaments, 18-12 ATS (60%) since ’07.
- There has also been a huge shift in oddsmakers’ perception on totals. Between ’99 & ’06, the average posted total in Big Ten tourney games was 130.5. Since then, it has dropped nine points to 121.5. Still, UNDER has been the correct choice in 18 of 30 games during that span (60%).
- FAVORITES swept all three opening round games of the Big Ten tourney last year, both SU & ATS, slowing a run of 14-4 ATS by dogs.
- Similarly, FAVORITES own a 5-1 SU & 4-2 ATS mark in the semifinals of the L3 Big Ten tourney’s after going just 1-11 ATS prior.
- DOUBLE-DIGIT Big Ten tourney UNDERDOGS are 7-1 ATS (87.5%) since ’05.
- LOWER SEEDED FAVORITES boast an 11-5 SU & 9-6-1 ATS (60%) record since ’98 in the Big Ten Tournament.
Atlantic Coast Conference
- ACC UNDERDOGS swept the quarterfinal & semifinal games of 2009 against the spread and boast an overall mark of 44-23-3 ATS (65.7%) since ’03.
- UNDERDOGS of 9-points or more are 18-6-1 ATS (75%) in the ACC Tournament since ’03, including five straight covers.
- How about giving some thought to UNDERDOGS on the pointspread and money line in the opening round of this year’s ACC tourney, as they are 13-6 SU & ATS (68.4%) since ’05.
- Quarterfinal UNDERDOGS are effective against the spread, but that’s it, boasting a record of 7-21 SU & 18-9-1 ATS (66.7%) since ’03.
- Semifinal UNDERDOGS are even better than previous rounds, 15-6-1 ATS (71.4%) since ’99.
- It’s not until the ACC title game where FAVORITES take over, 10-1 SU & 6-3-2 ATS (66.7%) since ’99.
- The only recognizable trend I could uncover on totals in the ACC tourney came on games with posted numbers 150 points or higher, 10-5 OVER (66.7%) in the L15.
Mid-American Conference
- FAVORITES are the preferred betting choice in MAC tournament games in recent years, with a record of 40-26 ATS (60.6%) over the L6 seasons.
- The MAC title game has seen the FAVORITE go 9-3 SU & ATS (75%) since its inception. The straight up winner is 12-0 ATS.
- Semifinal FAVORITES in the MAC tournament have swept the last three years of action and are 5-1 ATS (83%) in that span.
- The best spot for playing UNDERDOGS in the MAC tournament has proven to be in games when the lines are 3-points or less. In such cases, they are 23-16 ATS (59%) since ’98.
- OVER the total has been the preferred choice on that wagering option since ’04, with a 37-24 (60.7%) record since ’04.
Southeastern Conference
- The 2008 SEC Tournament was dominated by dogs, 7-4 SU & 9-2 ATS, but split down the middle last year, 5-5-1. Overall, since ’05, dogs own a 29-25-1 ATS (53.7%) edge.
- Georgia became the first SEC tourney DOUBLE-DIGIT dog to pull an upset since prior to ’98 when it beat Mississippi State in ’08. Overall, those teams are 1-15 SU & 5-11 ATS (31.3%) in that span.
- In past SEC games with pointspreads less than 3-points, UNDERDOGS are 15-13 SU & 16-11-1 ATS (59.3%) since ’98.
- Although it’s fluctuated back-and-forth in the last few seasons, FAVORITES own a 22-11 ATS edge in opening round SEC tourney action since ’00. Lower-seeded chalk is 5-1 SU & ATS of those games.
- UNDERDOGS have been the preferred choice of bettors in SEC quarterfinals over the L3 seasons, 8-3 ATS (72.7%).
- In the last nine SEC Tournament championship games, the UNDER is 8-1 (88.9%), and the UNDERDOGS are 4-5 SU & 5-3-1 ATS (62.5%).
Western Athletic Conference
- UNDERDOGS covered all but one game in the 2009 WAC Tournament, increasing their four-year record to 20-9 ATS (69%). That span has also seen OVER the total go 21-10 (67.7%).
- Lines of less than 3-points should raise an immediate red-flag for WAC tourney bettors, as UNDERDOGS of 2.5-points or less are a profit-making 13-5 SU & 13-4-1 ATS (76.5%) since ’00.
- Although there is no first round in this year’s WAC tourney, since ’06, UNDERDOGS in the first round and quarterfinals combined have gone 14-5 ATS (73.7%) over the L4 seasons.
- The WAC quarterfinals have produced 14 OVER’s, 6 UNDER’s (70%) over the last five seasons. Similarly, eight of the L10 (80%) WAC semifinal contests have gone OVER the posted total. Amazingly, in that same stretch, all five WAC title games exceeded the total as well. If you’re combining those numbers, it’s 27-8 (77.1%) OVER for the last five years.
Enjoy the action this week everyone, and be sure to check back next week for the key information you’ll need to sort out the NCAA, NIT, CBI, and CIT brackets!
TIGER - PADDY POWER DEAL FAILS TO TEE-OFF (Update)
IMG rejects GBP 5 million + sponsorship offer
The ambitious GBP 5 million sponsorship offer made to golfing king Tiger Woods by the UK online and land betting group Paddy Power (see previous InfoPowa report) has been rejected, according to US media reports.
However, Paddy Power has not yet given up on the idea and says that it will re-engage with Woods's agent at IMG with an enhanced offer.
"We're in negotiations with IMG to sponsor Tiger," a Paddy Power spokesman told US magazine 'Golfweek'. "It's still in the early stage of negotiations, really. But if it all comes off, it'll be the biggest sponsorship deal we've done by quite some way."
Mark Steinberg, Woods' agent at IMG, appeared to be dismissive of the betting company's offer, saying that it was not being given serious consideration. "We're not involved in any discussions to add to his sponsorship portfolio at this time," he said.
TOP TECHIE
Whalen appointed global technology chief at GTech
The major online and land gambling technology provider GTech has announced the appointment as Senior Vice-President: Global Technology Solutions of Matthew Whalen.
US-based GTech is a subsidiary of the Italian group Lottomatica, and Whalen's responsibilities include all aspects of its software development lifecycle including requirements gathering, implementations, customer acceptance and ongoing services for a global customer base.
Jaymin Patel, President and Chief Executive Officer for GTech said this week: "Matt is a seasoned lottery professional who brings over 16 years of industry expertise to our worldwide customer-facing technology organisation. As a result, our customers will benefit from his impressive and wide-ranging experience in technology operations, innovation and software development.
"Matt’s hands-on industry knowledge makes him ideally suited to tailor the company’s solutions to the uniqueness of the marketplace and our customers.”
Whalen joined GTech in 1994 as a software engineer with a degree in computer information systems from the College Of Saint Rose in Albany, New York. He holds an Applied Associate’s Degree in science with a major in computer science from the State University Of New York at Morrisville.
