Daily Archives: January 9, 2022

A parlay bet can be one of the most exciting ways to gamble. Its a great way to get better odds, and a thrilling way to win.

But before you bet parlays, you need to understand them.

The Post answers your questions on parlays.

A parlay bet allows you to add multiple selections into one bet. To win, all of the outcomes need to go your way, but you will get better odds, reflective of the combined odds of your selections.

To use an example from the NFL:

Baltimore -7.5 over Miami (-110.)

Jacksonville +10.5 over Indianapolis (-110.)

A standard parlay with two bets at -110 will pay out at +260 odds (or 13/5). So if you were to bet $100 on those two games in a single parlay, you would win $260.

As you add more teams to the parlay, your odds will continue to improve. A three-team parlay, all at -110, will generally pay out at 6/1. A four-team parlay will generally pay out at 10/1. Thats because the more outcomes you add to a parlay, the lower chance you have of it winning.

Better odds. If youre confident in your picks, then combining them can get you a larger payout. To use the Baltimore-Jacksonville example from before, betting $100 on those two games individually would net you $181.82 if you won both bets. On a parlay, youd win nearly $80 more.

If you feel strongly that the Ravens and Jaguars are in good shape going into Sunday, then thats an easy way to add to your potential payout. If youre less confident and want to protect yourself, though, you would want to bet them individually to protect yourself.

Theyre harder to win because multiple outcomes need to go your way.

Or, put more bluntly, theyre suckers bets.

Think of it this way. The implied odds of a -110 bet are 52.38 percent. The implied odds of two -110 bets are 27.43 percent. The implied odds of three are 14.37 percent. Obviously thats in a vacuum, but point being, it can be hard to predict multiple outcomes all correctly.

Parlays very often lose. Especially when you start adding more teams. Winning one is a thrill and if you can win them consistently, your bankroll will grow substantially but thats easier said than done.

Most online sportsbooks make it pretty easy to make a parlay. If you select multiple bets, an option for a parlay will usually show up in your betslip, which on most books is on the right-hand side of the screen. You also may see options for teasers, round robins or other kinds of bets.

Some books also offer live parlays, which you can do in-game. You can also do multi-sport parlays or, really, just about anything you want.

The sportsbook will usually show you the odds. There are also parlay calculators you can find on the internet. Calculating it manually is possible, but time-consuming and usually unnecessary.

Firstly, wed recommend checking the rules at your specific sportsbook. But generally, if one game is cancelled, the parlay will be reduced to the next number of teams. This also applies if a game ends in a tie or a push.

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What is a parlay? Examples and how to make a parlay bet on sports - New York Post

Massachusetts state Sen. Eric Lesser, co-chairman of the legislatures Joint Committee on Economic Development and Emerging Technologies, is now a candidate for lieutenant governor. And he intends to use the campaign trail to continue pushing for legalization of sports betting in the Bay State.

My hope is that we can get that done long before the campaign, Lesser told MassLive Tuesday, the same day he announced his candidacy. Keep in mind the election is 10, 11 months from now.

Lesser went on to call legal sports betting a prominent issue he will raise while campaigning.

Lessers committee has been exploring legal sports betting through hearings, meetings, and closed-door conversations for going on five years now. While Massachusetts home to sports betting and DFS titan DraftKings is now nearly surrounded by legal wagering states, politicians have been unable to get out of their own way and find a solution.

Many lawmakers and Gov. Charlie Baker are staunch supporters, but the nearly 20 sports betting-related bills that have been sitting in the hopper on Beacon Hill since last year are all over the map. Theres no consensus on the tax rate, whether to allow wagering on college sports,, and numerous other issues.

This has absolutely been a top-tier issue, Lesser said in a recent virtual meeting in December. Its been something many of us have been working on, on almost a daily basis. And there are very active conversations going on.

There were promises throughout 2021 about legalization, but after the House passed a budget bill that included legal sports betting, the issue languished in the Senate.

According to a discussion on WGBH, sports betting is a likely legislative priority this year, though the House and the Senate are two different chambers with very different ideas on myriad issues, statehouse reporter Mike Deehan said during a broadcast Wednesday.

I think sports betting is definitely something thats going to be coming up, he said. Thats something that the House really wants to do. The Senate seems to have no interest theyre kind of dragging their heels on what their plan for that would be.

You know, in all this time and all these hearings and process and it comes down to two chambers that might have radically different bills and different plans, and then they try to jam them together and come up with a compromise very late in the day, usually within days or hours of the end of their sessions. And thats where things tend to fall apart they put it off, and then the two chambers, both dominated by Democrats, just dont see eye to eye and cant make these compromises happen, increasingly.

That kind of process has failed in numerous states across the country. In the nearly four years since the Supreme Court overturned the Professional and Amateur Sports Protection Act in May 2018, the states that have been able to legalize are those in which lawmakers brought agreed-upon bills to their peers after education, discussion, and negotiation took place, whether in Connecticut or Colorado or Washington state. In the states where lawmakers play politics on chamber floors think Georgia or Kentucky or Maine proposals languish and ultimately die.

Since PASPA was overturned, four of Massachusetts five border states have legalized, including New York. But one stakeholder told Sports Handle that outside pressure to legalize does not appear to move the needle in the Massachusetts Senate. Its already clear that Massachusetts is losing revenue as bettors drive over the border to Connecticut, New Hampshire, and Rhode Island to place bets by phone.

New York, which will be the biggest state by population in the U.S. to offer mobile wagering, is aiming to launch operators ahead of the Feb. 13 Super Bowl.

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Once Again, Sports Betting Will Be Much Talked About Issue In Massachusetts - Sports Handle

Michael Rubin may now be the undisputed champion of US sports merchandise, but his ambitions to build a TV and sports-gambling empire have lately suffered a few setbacks.

The billionaires Fanatics sports-licensing company clinched a deal to buy the Topps trading card business this week, reportedly valuing that side of the business at $500 million less than a paltry three times earnings.

Credit Rubin, who had quietly some might say ruthlessly struck a deal with Major League Baseball and its players union to secure their trading-card rights from under Topps Chairman Michael Eisners nose.

But elsewhere, insiders told On The Money that Rubins reputation for cold, shrewd and successful calculation has lately taken a hit.

Fanatics reportedly valued at more than $10 billion last fall in a deal whose backers included Silver Lake and Endeavor wants to be the biggest online sports betting operator. But recently, the company, which doesnt have a sports betting license in any state, lost the race for a New York license despite being confident it would win, sources close to Fanatics said.

About a year ago, Fanatics was in the auction to buy PointsBet, an Australian online sports gambling company, two sources close to that situation said. Rubin saw the inside of PointsBets operations and decided instead of buying an operator to build a business organically, the source said.

He also considered buying other sports bookmakers and ended up passing, sources said.

In the fall, when bidding for newly issued New York online betting licenses, Fanatics teamed with rapper Jay-Z and Dave Portnoys Barstool Sports. In particular, some Fanatics execs believed they were a cinch to win with Jay-Z on board, two sources close to the bidding group said.

Instead, Empire State gambling regulators awarded a license to two other groups led by companies like FanDuel, DraftKings, MGM, Ballys, Caesars and PointsBet.

Nevertheless, sources said Fanatics plans to launch a sports book late this year, aiming to gain traction by renting gaming licenses in several states from current bookmakers in exchange for a slice of revenue.

We believe this is a meaningful long-term opportunity but we are going to be patient to build it the right way over the years, Rubin told The Post in a Wednesday interview.

The company likewise has expressed interest in buying regional sports television networks but has recently passed on buying the stations Comcast is selling, including a piece of SNY, two sources close to the situation said. Rubin may have decided to step away from the Comcast RSNs after seeing the declining revenue of the networks, sources speculated.

Fanatics may instead try to work with Major League Baseball, whom it is already partnered with, in a few years to build an MLB-controlled direct to consumer streaming package, a source said, or wait for Sinclair Broadcasting, which owns the most RSNs, to simply go bankrupt in the next few years.

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Fanatics lands Topps, but TV and sports-betting ambitions remain elusive - New York Post

Sharp investors thrive in uncertain environments. Volatility in the stock market is a lot like volatility in the sports betting market. It gives those that have a deep understanding of the market the opportunity to make a lot of smart, savvy and promising wagers. Being first to news has been a huge part of the betting process over the last month and a half because of COVID and all of the injuries, but thats also something that happens in a volatile market and something that the best of the best can navigate.

For most bettors, all of the news has already been baked into the number and a lot of the value from those nuggets has been extracted by the time they place their bets. No matter how often we talk about it (or other betting media outlets), most bettors are not early birds getting the worms. Theyre the birds digging around for whats left after the good stuff has been taken.

Im not criticizing anybodys approach. Life and other factors get in the way and prevent a lot of people from truly locking in until the weekend. I totally get that and Ive been guilty of it on busy weeks before. All it means is that you have to work harder in those moments to be creative and find alternative ways of betting the games.

Take this week as a great example. Most bettors just lock in on full-game lines and fire away. My suggestion? Look at first quarter or first half lines. Sure, you might be paying a little bit of a premium, but we can all agree that the Bills have incentive to jump out early, be aggressive and put the game in cruise control in the second half. Same with the Buccaneers. Same with the Colts.

We may not get a full 60 from these teams, but we sure as hell should get a full 15 or full 30 early on, right? So we hope.

Justin Jefferson is 124 yards away from setting the Vikings single-season record for receiving yards. His prop line is 94.5. Hes going to get a ton of targets and should have the chances to rack up numbers. Weve also talked a lot about the players with major contract incentives on our VSiN airwaves this week. Marvin Jones needs four catches for an incentive. Chris Jones needs one sack. Haason Reddick needs two. Coaches and teammates know these things. Theyll do what they can to help and the players will obviously be striving for that extra spending money.

You may have lost some line value by not jumping on early-week news or moves, but you can still have a profitable Week 18 if you get creative with your bets this weekend.

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Burke: Get creative in Week 18 - VSiN Sports Betting News - News - VSiN

The Chicago Bears (6-10) and Minnesota Vikings (7-9) close out their disappointing 2021 seasons when they meet at 1 p.m. ET Sunday at US Bank Stadium in Minneapolis. Below, we look at the Vikings vs. Bears odds and lines, and make our best NFL picks, predictions and bets.

Two teams that finished the 2020 season on the same field with the winner going to playoffs (Chicago) and the loser going home (Minnesota) are now closing out non-playoff seasons that could see both of their head coaches fired.

Both teams have COVID-related question marks, as the Bears will be forced to stick with a banged-up QB Andy Dalton, while Minnesota currently has three starters (including two offensive linemen) still in the COVID protocol at the end of Fridays practice.

Also see:Bet Slippin Podcast: NFL Week 18 picks and predictions

Odds provided by Tipico Sportsbook; accessUSA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated Saturday at 4:45 p.m. ET.

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Bears

Vikings

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Vikings 23, Bears 20

The Bears have been a thorn in Minnesotas side, winning all three games at US Bank Stadium during Matt Nagys tenure. It will be critical for the Bears to get after Vikings QB Kirk Cousinsbecause he is awful when he has pressure in his face.

But with Hicks out and Quinn and Goldman as question marks, Cousins should get enough time to get the team in scoring position enough to win.

If I was going to bet on this, Id place a small bet on the Bears given their recent track record on the road in this series at nearly twice the payout for investment.

But the smart move is to AVOID.

The same rationale applies here. The Bears dont struggle on the road against their division rival, and, despite having an offense that has sputtered much of the season, the Vikings run defense has been among the worst in the league.

It wouldnt be surprising to see Bears RB David Montgomery run 20-25 times and Chicago scoring enough points to cover the 4.5 point spread.

BET the BEARS +4.5 (-115)

Given the disparity in the betting lines, the belief is that this game will go Over, but Im not as convinced as the oddsmakers.

The Bears are going to try to grind the ball against a defense that struggles to stop it and Vikings head coach Mike Zimmer was fuming over not giving RB Dalvin Cook the ball enough in a blowout loss to Green Bay last week.

Look for Cook and Montgomery to both be front and center in the respective game plans, which will take 40 seconds off the clock every time they run and make it more difficult to hit 44 points.

Theyll come close, but take the UNDER 44.5 (-112)

Also see:NFL Week 18 odds and lines

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Chicago Bears at Minnesota Vikings odds, picks and prediction - USA TODAY Sportsbook Wire

Find out everything you need to know about Georgia sports betting. Mandatory Credit: Jerome Miron-USA TODAY Sports

Sports betting is currently illegal in Georgia, however with a new bill set to be put to the House this year, it seems like this wont may not be the case for much longer.

In the meantime, those in GA are able to wager on sports with Daily Fantasy Sports sites, with the best of these DFS sites being found below.

Despite two sports betting bills being put to the House of Representatives in 2021, sports betting, both online and retail, is still illegal in Georgia, with both of these bills failing to be signed into law.

However this hasnt discouraged Georgia in their attempts to legalize sports betting, as a new bill is set to be submitted this year, one that those involved are confident in seeing signed into law.

Georgia lawmakers have stated that they plan to work on the bill in the upcoming legislative session, news that'll be welcomed by those wishing to bet on sports in GA this year.

Given GA is home to cities such as Atlanta, its expected that a number of operators will be eager to launch in Georgia once sports betting is finally made legal.

Online BettingNoMobile BettingNoRetail BettingNoMinimum Age21+

Despite a number of bills being put to the House already, sports betting is still yet to be made legal in the state of Georgia.

However with another bill scheduled to pass through the Senate and be put to the house next year, we should see sports betting rearing its head in GA before the end of 2023 at the absolute very latest.

Its unknown as to exactly how many sportsbooks will launch in Georgia when the time comes, however the likes of FanDuel and DraftKings are already live in the state via their DFS sites.

With this in mind, expect a number of sportsbooks to be ready and waiting to apply for licenses and launch in GA once the time comes and sports betting is finally made legal.

Although sports betting is yet to be legalized and go live in Georgia, nearby states such as Tennessee offer sports betting.

With Georgia playing hosts to some of the countrys most popular cities, its expected that a number of sportsbooks will be looking to launch in GA once sports betting is signed into law.

With this in mind, were here to go over the sportsbooks that are most likely to open their doors in the Peach state once the time comes.

DraftKings are already live in Georgia via their excellent Daily Fantasy Sports site, something that should give them a big boost when it comes to applying for a sports betting license and launching in GA when the time comes.

Theyre live in a number of states across the country already, with DK not having much trouble anywhere when it comes to getting their sportsbooks up and running, a theme that should continue in Georgia when the time comes.

Much like their rivals DraftKings, FanDuel are also live in Georgia already thanks to their Daily Fantasy Sports site.

Given this, they shouldnt have much trouble obtaining a license and opening their sportsbooks to those in GA in the not-too-distant future.

BetMGM are one of the biggest sports betting sites in the US, with their online and retail sportsbooks being live in a number of states across the country already.

Given their size and stature, itd be very surprising to see BetMGM fail to launch in Georgia once they time comes, should they wish to of course.

Caesars, who recently acquired William Hills sportsbooks in a big-money acquisition, are arguably the biggest betting operator in the country, with Caesars effectively being a household name at this point.

Taking this into account, Caesars should be able to launch in Georgia when the time comes, however it looks as if itll only be their sportsbook that launches, with casinos not legal or live in GA at this point.

Currently live in as many as six states, PointsBet are slowly building up their repertoire in the US, having originally started out in Australia a number of years ago.

Theyre yet to encounter any trouble when launching in any of the states theyre currently live in, with this run expected to continue once they push to launch operations in the Peach state.

Although both online and retail sports betting isnt yet legal in Georgia, those in the Peach state may not have to wait too long before theyre able to bet on sports within the comfort of their own home.

HB93 was the last bill that was put to the House after being passed through the Senate, however this was eventually rejected, with a new sports betting bill, one that will aim to get both retail and online legalized, set to be put forward in early 2022.

Should this manage to get through the House of Representatives, it should then only be a matter of time before sports betting launches in GA, with both online and retail sportsbooks expected to go live.

Its good news for those hoping to see sports betting be introduced in Georgia in 2022, as the latest GA sports betting bill is set to be discussed when the legislative session convenes in January next year.

Rep. Ron Stephens and Rep. Alan Powell are both reportedly heavily in favor of seeing sports betting legalized in the Peach state, with the revenues from sports wagering set to go toward HOPE scholarships and pre-k programs.

Both SB142 and HB93 have been put to the House over the past 12 months, with both failing to get past this stage and be signed into law, with a similar bill to these two set to be submitted to the legislative session that gets underway this month.

Georgias sports betting venture began in 2017, a year which saw the state attempt to push through the legalization of DFS sites, however the Senate did not bring it to a vote.

Following this, DFS sites were eventually signed into law in 2018 after PASPA was disbanded by the US government.

Despite this, those in GA had to wait until March 2021 to hear any news about sports betting being legalized in the state, after the Georgia Senate voted to approve sports betting legalization with SB142.

However, in April of the same year, the current legislative session came to end, something that meant the death of any hopes GA had of seeing SB142 being signed into law.

The next legislative session is to begin in January 2022, with GA hoping to push through HB93, something thatll see it voted on in the November ballots should it get past the House of Representatives.

With GA being host to cities such as Atlanta and Augusta, it shouldnt come as a shock to learn that they have a variety of major league and college sports teams to place wagers on.

With this in mind, were here to cover these teams, offering analysis on the clubs as well as any potential bets youll be able to place on them in the future.

The Hawks only NBA title success came back in 1958, when they were known as the St Louis Hawks, with Atlanta failing to repeat this success since then, coming closest in the 2020/21 season when they reached the Eastern Conference finals.

Those that wish to are able to bet on all of the Hawks games for the current NBA season, as well as Atlanta to win go one better than last year and win the Eastern conference, win the NBA title and win the playoffs.

Despite being around for over 50 years now, the Falcons are yet to taste Super Bowl success, with Atlanta coming closest in both 1998 and 2016, where they lost in the SB match to the Broncos and Patriots respectively.

Youre currently able to bet on all of the Falcons games for the NFL season, as well as how many wins you think theyll get, whether theyll win the NFC South, make the playoffs or win the Super Bowl.

The Braves have been fairly successful in the past few decades, reaching the World Series playoffs six times, winning two of these, with their most recent coming in the 2021 campaign, where they beat the Astros 4-2 in the final.

Youre able to wager on all of the Braves regular season games for the MLB season, with you also able to bet on Atlanta to make the playoffs, achieve a certain number of wins, retain their World Series title and win the NL East.

The Bulldogs have been one the countrys most successful College Football teams since the turn of the century, with Georgia winning 15 Conference/Divisional titles since 2000, with the Bulldogs even coming close to winning the NCAA title in 2018, losing to Alabama in the final.

Those that wish to can wager on the Bulldogs games for the CFB season, with you also able to bet on them to win their Conference, qualify for the NCAA championship match and win their maiden NCAA title.

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Georgia Sports Betting: New Wagering Bill Scheduled Ahead of Upcoming Legislative Session - nj.com - nj.com