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Right Angle Sports (RAS) is one of the most influential betting syndicates in the American market. It comprises 10 handicappers located in different areas of the country. As part of their handicapping routine, they closely monitor social media for news, and when RAS bets, lines move instantly and often dramatically at sportsbooks around the world. Some of those line-moving bets can be sparked in part by, of all things, an emoji posted by a player on Twitter.
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ˇ°From a marketing perspective, this is a gateway to lure avid sports fans into becoming more regular gamblers,ˇ± says Rick Horrow, chairman of Horrow Sports Ventures and a visiting expert on sports business at Harvard Law School. ˇ°The idea of presenting free bets and bonuses may cut into revenues in the short term, but it adds to the possibility that people will become gamblers long-term.ˇ±