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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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Trump names Brendan Carr, senior GOP leader at FCC, to lead the agency

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WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Sunday named Brendan Carr, the senior Republican on the Federal Communications Commission, as the new chairman of the agency tasked with regulating broadcasting, telecommunications and broadband.

Carr is a longtime member of the commission and served previously as the FCC’s general counsel. He has been unanimously confirmed by the Senate three times and was nominated by both Trump and President Joe Biden to the commission.

The FCC is an independent agency that is overseen by Congress, but Trump has suggested he wanted to bring it under tighter White House control, in part to use the agency to punish TV networks that cover him in a way he doesn’t like.

Carr has of late embraced Trump’s ideas about social media and tech. Carr wrote a section devoted to the FCC in “ Project 2025,” a sweeping blueprint for gutting the federal workforce and dismantling federal agencies in a second Trump administration produced by the conservative Heritage Foundation.

Trump has claimed he doesn’t know anything about Project 2025, but many of its themes have aligned with his statements.

Carr said in a statement congratulating Trump on his win that he believed “the FCC will have an important role to play reining in Big Tech, ensuring that broadcasters operate in the public interest, and unleashing economic growth.”

“Commissioner Carr is a warrior for Free Speech, and has fought against the regulatory Lawfare that has stifled Americans’ Freedoms, and held back our Economy,” Trump said in a statement on Sunday. “He will end the regulatory onslaught that has been crippling America’s Job Creators and Innovators, and ensure that the FCC delivers for rural America.”

The five-person commission has a 3-2 Democratic majority until next year, when Trump gets to appoint a new member.

Carr has made appearances on Fox News Channel, including when he slammed Democratic Vice President Kamala Harris ’ appearance on “ Saturday Night Live” the weekend before the election — charging that the network didn’t offer equal time to Trump.

Also a prolific writer of op-eds, Carr wrote in an opinion piece for The Wall Street Journal last month decrying an FCC decision to revoke a federal award for Elon Musk’s satellite service, Starlink. He said the move couldn’t be explained “by any objective application of the facts, the law or sound policy.”

“In my view, it amounted to nothing more than regulatory lawfare against one of the left’s top targets: Mr. Musk,” Carr wrote.

The Canadian Press. All rights reserved.



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Trudeau touts carbon levy to global audience |

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Prime Minister Justin Trudeau is defending his embattled carbon-pricing program on the world stage, and he argues that misinformation is threatening environmental progress. He spoke at a conference held by the anti-poverty group Global Citizen, ahead of the G20 leaders summit in Brazil, and said fighting climate change is not in conflict with affordability. (Nov. 17, 2024)



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BYU quarterback Jake Retzlaff brings touchdowns and Jewish teachings to predominantly Mormon school

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PROVO, Utah (AP) — Shortly after sunset on Saturday, Rabbi Chaim Zippel clasped an overflowing cup of wine and a tin of smelling spices as he marked the end of the Sabbath with a small Jewish congregation at his home near Provo, which doubles as the county’s only synagogue.

The conclusion of the ceremony known as Havdalah set off a mad dash to change into blue and white fan gear and drive to the football stadium at nearby Brigham Young University, the Utah private school run by The Church of Jesus Christ of Latter-day Saints.

Zippel never expected to become a BYU fan, or even a football follower, but that changed when the school where 98.5% of students belong to the faith known widely as the Mormon church added its first Jewish quarterback to the roster.

With Jake Retzlaff at the helm, the Cougars won nine straight games in what was shaping up to be a storied season before a loss Saturday against the Kansas Jayhawks ended their undefeated run. Even so, BYU — ranked No. 14 in the AP Top 25 — could end the season at the top of the Big 12 Conference with a chance to make the College Football Playoff.

Retzlaff has earned a hero’s embrace by rabbis and others in Provo’s tiny but tight-knit Jewish community while also becoming a favorite of the broader BYU fan base that lovingly calls him the “BYJew.”

One of just three Jewish students in a student body of 35,000, the quarterback and team co-captain who worked his way into the starting lineup has used his newfound stardom to teach others about his own faith while taking steps to learn more about Judaism for himself.

“I came here thinking I might not fit in with the culture, so this will be a place where I can just focus on school and football,” Retzlaff told The Associated Press. “But I found that, in a way, I do fit. People are curious. And when everybody around you is so faith-oriented, it makes you want to explore your faith more.”

The junior college transfer from Corona, California, formed a fast friendship with the Utah rabbi when he came to BYU in 2023. The two began studying Judaism fundamentals each week in the campus library, which would help Retzlaff speak confidently about his faith in public and in his many required religion classes.

BYU undergraduates must take classes about the Book of Mormon, the gospel of Jesus Christ and the faith’s core belief that families can be together forever if marriages are performed in temples. Retzlaff said he was surprised to find many references to the Jewish people in the Book of Mormon. Some classmates and fans have even called him “the chosen one,” referring to both his success on the field and a Latter-day Saint belief that members of the Jewish faith are God’s chosen people.

“It’s a lot of respect, honestly. They’re putting me on a mantel sometimes, and I’m like, ‘Whoa guys, I don’t know about that,'” he said with a laugh.

Retzlaff, 21, has embraced becoming an ambassador for his faith in college football and in a state where only 0.2% of residents are Jewish. The redshirt junior wears a silver Star of David necklace on campus and attends dinners on Shabbat, the Jewish day of rest, at the rabbi’s house during the offseason.

He led Utah County’s first public Hanukkah menorah lighting last year at Provo’s historic courthouse, brought a kosher food truck to a team weight training and wrapped tefillin with Zippel in the BYU stadium. The tefillin ritual performed by Jewish men involves strapping black boxes containing Torah verses to the arm and forehead as a way of connecting to God.

“I told Jake, I said, after doing this here, after connecting to God on your terms inside the stadium, no amount of pressure will ever get to you,” Zippel said. “I think there’s no greater example of finding your corner of the world where you’re supposed to make your impact and making that impact.”

Retzlaff is affiliated with the Reform denomination of Judaism, which melds Jewish tradition with modern sensibilities, often prioritizing altruistic values and personal choice over a strict interpretation of Jewish law. He plays football on Friday nights and Saturdays during Shabbat and says sports have become a way to connect with his faith and to inspire young Jewish athletes.

Among them is Hunter Smith, a 14-year-old high school quarterback from Chicago who flew to Utah with his dad, brother and a group of Jewish friends to watch Retzlaff play. The brothers sported Retzlaff’s No. 12 jerseys, and their father Cameron wore a “BYJew” T-shirt depicting Retzlaff emerging from a Star of David, the most recognizable symbol of the faith.

“Being the only Jewish quarterback in my area that I know of, I feel like I get to pave my own path in a way,” Smith said during Saturday’s game. “Jake’s the only Jewish quarterback in college football, so he’s someone I can relate to and is like a role model for me, someone I can really look up to.”

When Retzlaff lit Provo’s giant menorah last December, Zippel said he was touched to hear the quarterback speak about the importance of his visibility at a time when some Jewish students didn’t feel safe expressing their religious identity on their own campuses amid heightened antisemitism in the United States.

His presence has been especially impactful for BYU alumna Malka Moya, 30, who had struggled to navigate her intersecting identities on the campus as someone who is both Jewish and a Latter-day Saint.

“Jake feels very comfortable wearing his Star of David all the time,” said Moya, who lives near Provo. “I haven’t always been very comfortable with expressing my Jewish identity. But, more recently, I feel like if he can do it, I can do it.”



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