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Dominant US basketball, soccer teams driving high betting interest on Olympics

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ATLANTIC CITY, N.J. (AP) — Sports books say they expect strong betting interest in this year’s Olympics, driven by dominant U.S. basketball and soccer teams.

But that very dominance is making it hard to make some bets on those teams without risking far more than you might win on them.

“We expect this to be the most bet-on Olympics in the history of legal sports betting,” said John Ewing, a spokesman for BetMGM Sportsbook, the official odds provider for The Associated Press.

There are several reasons for the anticipated surge in wagering on this year’s Olympics.

The first is the fact that more states than ever now offer legal sports betting in the U.S., currently 38 plus Washington, D.C. Three years ago, for the COVID-delayed Tokyo Olympics, only 22 states offered legal betting.

Joe Maloney, a spokesman for the American Gaming Association, noted that three years ago, 97 million Americans, or about 40% of the adult population, could legally bet on the Olympics in their home state. That total is now 164 million, or 67% of the adult population.

He said 16 states have added legal sports betting since the Tokyo Olympics ended: Arizona, Connecticut, Florida, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Nebraska, Ohio, South Dakota, Vermont, Washington, Wisconsin and West Virginia.

Geography should also help this year. Paris is six hours ahead of New York, enabling U.S. customers to follow, watch and bet on events more easily than in 2021, when Tokyo was 13 hours ahead of New York, and many events were taking place in the middle of the night or very early morning for U.S. customers.

And lastly, the U.S. is expected to dominate the Games, in terms of overall medals won, and the most gold medals. The U.S. men’s and women’s basketball teams are prohibitive favorites once again to win gold, and the U.S. women’s soccer team enters play as the favorite as well.

The men’s basketball team includes many of the biggest stars in the world, including LeBron James, Jayson Tatum, Kevin Durant, Joel Embiid and Stephen Curry. They were listed at -650 favorites Thursday, meaning a person would have to bet $650 of their own money to win $100 on the men’s team bringing home the gold medal.

And the women’s team is an even larger favorite. The squad that includes Britney Griner, Sabrina Ionescu, Breanna Stewart, A’ja Wilson and Diana Taurasi is a -1400 favorite, meaning you’d have to put up $1,400 of your own money just to win $100 on the women’s team to win gold.

Of course, you can use a point spread on individual games to seek a more reasonable return on a bet, but even then, you’re paying a high price for the expected dominance of the U.S. squads. The men’s team is favored by 12.5 points in its opening game against Serbia, meaning the U.S. has to win by at least 13 for your bet to be a winner. The women’s team is favored by 20.5 in its opener against Japan.

Tim Whitehead, the head of sports book at BetRivers, noted that the U.S. men’s team was a massive favorite in a pre-Olympics warm-up game — and won by a single point.

“Despite the Team USA men being heavy favorites, we expect a competitive tournament,” he said. “If their performance against South Sudan as a 43.5-point favorite was any indication, perhaps it will be closer than the oddsmakers are predicting.”

The over/under for total gold medals won by the U.S. was 40.5 as of Thursday. China is next at 34.5.

The U.S. is a -2500 favorite to win the most medals overall. The closest competitors in that market are China at +1000; Great Britain at +5000 and Japan at +6600.

Caesars Sportsbook oddsmaker Chris Pearce said the company expects to take eight to 10 times the total amount of bets that it did in 2021.

“We anticipate U.S. sports betting interest in the games to undoubtedly focus on the basketball court, where some of the NBA’s biggest stars are taking part,” he said. “It will be a big shock if either (men’s or women’s U.S. teams) were to lose, and our customers certainly see it that way with 95% of bets struck so far being placed on the U.S.”

He said track and field and swimming traditionally do well in drawing bets, adding he expects the handle, or total amount wagered on these sports “to skyrocket when compared to the past Olympics.”

But you can also bet on obscure sports like rock wall climbing, officially called speed climbing, and bet on whether Indonesia’s Desak Made Rita Kusuma Dewi will win the gold medal at +1600 odds.

Even break dancing is an Olympic event this time.

Kevin Hennessy, a spokesman for Fanatics Sportsbook, said his company’s most popular market in terms of bets is on who will win the 100-meter race. He added some states forbid betting on Olympic events that rely on judge’s scores, such as gymnastics.

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Follow Wayne Parry on X at twitter.com/WayneParryAC

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For more coverage of the Paris Olympics, visit https://apnews.com/hub/2024-paris-olympic-games.

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Teen smoking and other tobacco use drop to lowest level in 25 years, CDC reports

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NEW YORK (AP) — Teen smoking hit an all-time low in the U.S. this year, part of a big drop in the youth use of tobacco overall, the government reported Thursday.

There was a 20% drop in the estimated number of middle and high school students who recently used at least one tobacco product, including cigarettes, electronic cigarettes, nicotine pouches and hookahs. The number went from 2.8 million last year to 2.25 million this year — the lowest since the Centers for Disease Control and Prevention’s key survey began in 1999.

“Reaching a 25-year low for youth tobacco product use is an extraordinary milestone for public health,” said Deirdre Lawrence Kittner, director of CDC’s Office on Smoking and Health, in a statement. However, “our mission is far from complete.”

A previously reported drop in vaping largely explains the overall decline in tobacco use from 10% to about 8% of students, health officials said.

The youth e-cigarette rate fell to under 6% this year, down from 7.7% last year — the lowest at any point in the last decade. E-cigarettes are the most commonly used tobacco products among teens, followed by nicotine pouches.

Use of other products has been dropping, too.

Twenty-five years ago, nearly 30% of high school students smoked. This year, it was just 1.7%, down from the 1.9%. That one-year decline is so small it is not considered statistically significant, but marks the lowest since the survey began 25 years ago. The middle school rate also is at its lowest mark.

Recent use of hookahs also dropped, from 1.1% to 0.7%.

The results come from an annual CDC survey, which included nearly 30,000 middle and high school students at 283 schools. The response rate this year was about 33%.

Officials attribute the declines to a number of measures, ranging from price increases and public health education campaigns to age restrictions and more aggressive enforcement against retailers and manufacturers selling products to kids.

Among high school students, use of any tobacco product dropped to 10%, from nearly 13% and e-cigarette use dipped under 8%, from 10%. But there was no change reported for middle school students, who less commonly vape or smoke or use other products,

Current use of tobacco fell among girls and Hispanic students, but rose among American Indian or Alaska Native students. And current use of nicotine pouches increased among white kids.

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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.

The Canadian Press. All rights reserved.



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Whooping cough is at a decade-high level in US

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MILWAUKEE (AP) — Whooping cough is at its highest level in a decade for this time of year, U.S. health officials reported Thursday.

There have been 18,506 cases of whooping cough reported so far, the Centers for Disease Control and Prevention said. That’s the most at this point in the year since 2014, when cases topped 21,800.

The increase is not unexpected — whooping cough peaks every three to five years, health experts said. And the numbers indicate a return to levels before the coronavirus pandemic, when whooping cough and other contagious illnesses plummeted.

Still, the tally has some state health officials concerned, including those in Wisconsin, where there have been about 1,000 cases so far this year, compared to a total of 51 last year.

Nationwide, CDC has reported that kindergarten vaccination rates dipped last year and vaccine exemptions are at an all-time high. Thursday, it released state figures, showing that about 86% of kindergartners in Wisconsin got the whooping cough vaccine, compared to more than 92% nationally.

Whooping cough, also called pertussis, usually starts out like a cold, with a runny nose and other common symptoms, before turning into a prolonged cough. It is treated with antibiotics. Whooping cough used to be very common until a vaccine was introduced in the 1950s, which is now part of routine childhood vaccinations. It is in a shot along with tetanus and diphtheria vaccines. The combo shot is recommended for adults every 10 years.

“They used to call it the 100-day cough because it literally lasts for 100 days,” said Joyce Knestrick, a family nurse practitioner in Wheeling, West Virginia.

Whooping cough is usually seen mostly in infants and young children, who can develop serious complications. That’s why the vaccine is recommended during pregnancy, to pass along protection to the newborn, and for those who spend a lot of time with infants.

But public health workers say outbreaks this year are hitting older kids and teens. In Pennsylvania, most outbreaks have been in middle school, high school and college settings, an official said. Nearly all the cases in Douglas County, Nebraska, are schoolkids and teens, said Justin Frederick, deputy director of the health department.

That includes his own teenage daughter.

“It’s a horrible disease. She still wakes up — after being treated with her antibiotics — in a panic because she’s coughing so much she can’t breathe,” he said.

It’s important to get tested and treated with antibiotics early, said Dr. Kris Bryant, who specializes in pediatric infectious diseases at Norton Children’s in Louisville, Kentucky. People exposed to the bacteria can also take antibiotics to stop the spread.

“Pertussis is worth preventing,” Bryant said. “The good news is that we have safe and effective vaccines.”

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AP data journalist Kasturi Pananjady contributed to this report.

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The Associated Press Health and Science Department receives support from the Robert Wood Johnson Foundation. The AP is solely responsible for all content.

The Canadian Press. All rights reserved.



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Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike

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WASHINGTON (AP) — An Alabama man was arrested Thursday for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said.

Eric Council Jr., 25, of Athens, is accused of helping to break into the SEC’s account on X, formerly known as Twitter, allowing the hackers to prematurely announce the approval of long-awaited bitcoin exchange-traded funds.

The price of bitcoin briefly spiked more than $1,000 after the post claimed “The SEC grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges.”

But soon after the initial post appeared, SEC Chairman Gary Gensler said on his personal account that the SEC’s account was compromised. “The SEC has not approved the listing and trading of spot bitcoin exchange-traded products,” Gensler wrote, calling the post unauthorized without providing further explanation.

Authorities say Council carried out what’s known as a “SIM swap,” using a fake ID to impersonate someone with access to the SEC’s X account and convince a cellphone store to give him a SIM card linked to the person’s phone. Council was able to take over the person’s cellphone number and get access codes to the SEC’s X account, which he shared with others who broke into the account and sent the post, the Justice Department says.

Prosecutors say after Council returned the iPhone he used for the SIM swap, his online searches included: “What are the signs that you are under investigation by law enforcement or the FBI even if you have not been contacted by them.”

An email seeking comment was sent Thursday to an attorney for Council, who is charged in Washington’s federal court with conspiracy to commit aggravated identity theft and access device fraud.

The price of bitcoin swung from about $46,730 to just below $48,000 after the unauthorized post hit on Jan. 9 and then dropped to around $45,200 after the SEC’s denial. The SEC officially approved the first exchange-traded funds that hold bitcoin the following day.

The Canadian Press. All rights reserved.

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