If, as expected, a federal ban on sports betting is lifted in the coming months, the NBA wants sports books to pay the league 1 percent of the money wagered on its games as an “integrity fee.”
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Norman Freedman is 83 but vividly recalled details of a bad beat he suffered 40 years ago, when Earl “The Pearl” Monroe mysteriously turned his apparent $2,000 win into a $100 loss.
Most avid sports bettors and poker players can write a book on bad beats. It would be a tragicomedy about the most agonizing losses of their gambling lives that double as miracle wins for other bettors.