O.J. Simpson parole hearing is an example of the new kind of gambling wagers

Allowing government-sanctioned sports gambling across the U.S. would corporate gambling operators to offer wagers on virtually anything far beyond sports. O.J. Simpson will be out of jail soon.

OJ Simpson’s hearing in front of the Nevada Board of Parole is one example. The sportsbook Bovada.lv advertised to citizens to place bets on the outcome.

Under the proposition bet: “Will O.J. Simpson be granted parole in 2017?” the lines were “Yes” (-300) and “No” (+200). The means to make $100 on a bet for “Yes” you would have to risk $300 while a $100 bet for “No” would net you $200, making “Yes” a heavy favorite.

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Les BernalO.J. Simpson parole hearing is an example of the new kind of gambling wagers