Report: West Virginia, Big East to settle lawsuit

NCAA Football Betting Lines

02/10/2012 - Charleston, WV (Sportsbook Betting Lines) - West Virginia and the Big East have reportedly agreed to end their legal issues in a move that will enable the university to leave the conference and join the Big 12 in July.

According to the Charleston Daily Mail, an official announcement could come as early as Friday.

The paper indicated that the Big East will receive about $20 million in exchange for allowing West Virginia to leave without giving 27 months notice, as is required in the league's by-laws. West Virginia, according to the report, will pay $11 million with the Big 12 set to complete the financial transaction.

West Virginia announced its decision to defect from the Big East and join the Big 12 in October, making the move about a month after both Syracuse and Pittsburgh announced its departures to the ACC. The Big East had informed both Syracuse and Pittsburgh that it would enforce the 27-month notice period, and now both of those schools could also try to leave sooner.

It could still be a difficult process, though, as the new members the Big East has recruited are not scheduled to join the league until 2013. If all three schools were to leave for the 2012-13 academic year, only five members would remain for the football season.

West Virginia, in filing a lawsuit against the Big East, had argued that it wanted to leave immediately because no such 27-month period of notification was needed for TCU, which had agreed to join the Big East for the start of the 2012-13 year and instead decided to join the Big 12.

The Big East said the 27-month rule did not apply to TCU because it had not yet participated in conference play.

After Syracuse and Pittsburgh are allowed to leave, the Big East will be left with Rutgers, Cincinnati, Connecticut, Louisville and South Florida from its current football lineup. The new members slated to join the league -- at different intervals -- are Memphis, which announced its move earlier this week, Central Florida, SMU and Houston as full members and Boise State, San Diego State and Navy for football only.

Wwwallsportscasino NCAA Football Betting News

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SPORTS BETTING - Tennis is an underrated and under-utilized bettors' sport.

Ten years ago, at just about this time, I called Alan Boston in Vegas and left him a voicemail that went something like this (abridged version): "Hey Alan, Chad Millman from ESPN The Magazine calling. I want to do a book about wise guys, you in?"

A couple weeks later I got a message back (abridged version): "I don't know, maybe," Boston said. "Call me and we'll talk about it. But not later today. I got $1,000 on Andre Agassi to win the French Open at 40-1, and he's in the finals."

Here's what happened next (abridged version): Agassi won his tourney. Boston won his $40,000. I wrote sportsbook.

In the ten years since, how much has been wagered on the big-time tennis events? Put it this way: The Nevada Gaming Commission doesn't even track the number year by year because it's so small.

"Tennis makes up about one-tenth of one percent of our take," says Lucky's bookmaking boss Jimmy Vaccaro. "The last big golf major we probably had $100,000 worth of bets. In tennis, we might have written two big tickets."

Tennis' lack of popularity amongst the American bettoratti is no surprise, really. For starters, the biggest sports betting holidays -- the Super Bowl, the NCAA tourney -- are must see TV. People, at least the degenerates I know, plan vacations around watching those events in Vegas sports books.

But Wimbledon? Doesn't exactly reel in the whales. "Seriously, it's the nuts as an event," says Boston. "But who even knows when it's on?"

Here's another reason that helps explain why golf gets traction, something I call "The Bubbe Theory." My Bubbe is pushing 95 and has cataracts so bad that, to her, even the most crystalline Chicago day is mostly cloudy. But she still listens to the Cubs games, and she still calls me in a fit if she disagrees with something Rick Telander writes in the Chicago Sun Times. She's a sports fan. If she doesn't know you, you're just filling a niche. And niche players, even historically good ones like Roger and Raf, don't drive betting volume. Only the highest profile names attract square money, which inflates wagering totals like a shot of saline to the lips. Bubbe, and the public, loved Agassi, tennis' last cross-the-rubicon, mainstream draw. She also has a crush on Tiger. She's given me standing orders to put a sawbuck on the big cat whenever I walk through a sports book (or mistakenly tap into one via my Internet machine.) That explains why the Masters is getting $100K in action at some books while the four tennis majors might not get that combined this year.

This isn't a case of tennis being a difficult sport to bet. In fact, in Europe, it's probably the second most popular sport for gambling after soccer. Granted, as the WSJ football betting last week and The Mag's Shaun Assael examined in even greater depth last year, that might be because gamblers across the pond see it as an easy game to fix. But it could also be because, over there it holds the kind of sway the big two do over here.

Street corners in Spain are peppered with public courts and kids doing their best Raffy impressions. In some war torn parts of Eastern Europe poverty-stricken kids view tennis as an escape route, like football or basketball here. A couple years ago The Mag's Lindsay Berra wrote a great piece about Belgrade's Jelena Jankovic, Ana Ivanovic and Novak Djokovic. They learned the game as kids while bombs were raining down on their homeland. They practiced in drained swimming pools. Not exactly Nick Bolletierri conditions.

In the United States, casual fans think tennis is played four times a year. But on the tightly packed European continent, national interest in homegrown talent runs deep every weekend. Of the ATP's current top 20 players, only two, tennis betting and James Blake, are American. Fourteen are from Europe, representing six different countries.

No wonder fans from Lisbon to Bhudapest get jacked up for the net game, whether it's Wimbledon or a low-level tourney like the Estoril Open in Portugal (congrats to Spain's Albert Montanes for winning that one, btw). Chances are good that someone representing their flag will not only be playing, but have a shot at winning.

And that's all any bettor can ask for.

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