I like the concept, it's the kind of thing we are looking for. Great start! A few comments:
1) the image looks to us more like the guy is raising he's stretching, not like the 'thrill of victory'. If you search Google for 'thrill of victory' and choose images, you'll see a bunch of photos. Most are of athletes/mountain climbers with two hands in the air which is good. There is also one of Nadal with one hand is the air which might be interesting.
2) your logo looks a bit too much like the NBA logo (
http://mingleberry.com/blog/wp-content/uploads/2009/04/nba-logo.jpg). To a large extent the issue is the colors.
3) we want to change the colors for 3 reasons: a) avoid looking like NBA logo, b) we are not a US company and red/white/blue looks too much like USA, c) they don't match the look of the new site. Be sure to look at the new site colors at:
http://betinternetsportsbook.com/sbr_mockup.png4) the text part of the logo is uninspiring. Let's try some different text options. We can go two ways on this, and I'm not sure which way we prefer until we seem some designs. Either a more dramatic font effect with shading, colors, texture, etc., like some of the logos in this contest:
https://logotournament.com/contests/bolgameor a simplistic/minimalist approach like logos for covers.com or accuscore.com or espn.com.