NYPD busts big online gambling ring

Friday, 17 November 2006, 12:00 AM EST

Though the shuttered gambling ring relied on a Web site, it was different from the online betting operations targeted by recent federal legislation. The scheme involved placing sports bets through bookies, who would assign bettors a secret code to track their wagers and monitor point spreads and results through the secured Web site. The bets were taken on all kinds of sports, including football, baseball, basketball, hockey, car racing, and golf.

At CIO Today.

[ Read more ]




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