betting
Coverage of betting in the Nexus archive.
- Brazil Bans Betting Tips After 61% of Them Proved Wrong on Air
Brazil has banned betting tips after 61% of them were found to be incorrect when aired. The regulation, effective July 17, requires ads to include warnings like 'betting makes you lose money' and 'betting is not an investment.' Operators have one week to comply with the new rules.
- Predictions market Kalshi in talks to raise funds at $40bn valuation
Kalshi, a predictions market, is in talks to raise funds at a $40 billion valuation. The rapidly growing company is challenging established derivatives and betting rivals.
- Diamondbacks vs Reds betting preview: Why one pitcher makes Cincinnati the play through five innings
The Arizona Diamondbacks (35-35) face the Cincinnati Reds (33-36) with Reds pitcher Andrew Abbott's recent strong performance (three straight quality starts) contrasting Diamondbacks starter Zac Gallen's struggles (5.43 ERA, 1.55 WHIP). The article highlights Gallen's poor road performance and Reds hitters' 6-for-45 record against him, suggesting Cincinnati's pitching gives them value in a shortened-game bet.
- Soldier accused of betting on Maduro operation pleads not guilty
A soldier accused of betting on an operation related to Venezuelan President Nicolás Maduro has pleaded not guilty. The case involves allegations of financial misconduct tied to a political or military operation.
- Special forces soldier who won $400,000 betting on Maduro's capture pleads not guilty
A special forces soldier charged with using classified information to profit over $400,000 by betting on the capture of Venezuelan President Nicolas Maduro pleaded not guilty. The case involves allegations of unauthorized use of sensitive data for financial gain.
- Luna: Trump should pardon soldier accused of Maduro bet
Rep. Anna Paulina Luna (R-Fla.) urged President Trump to pardon Gannon Ken Van Dyke, a U.S. Army soldier stationed at Fort Bragg accused of profiting over $400,000 by betting on the capture of former Venezuelan President Nicolás Maduro. Van Dyke was involved in the planning of an operation related to Maduro's capture.