Category Archives: Sports Betting

Numbers recently released by the Michigan Gaming Control Board show the state's retail and online sportsbooks took almost $225 million in bets during July, down around 23% compared to June.

Last Updated: Aug 19, 2022 12:03 PM ET Read Time: 1 min

Baseball alone just isnt cutting it for Michigan sportsbooks, although operators in the state are churning out a solid amount of revenue from a weaker level of wagering.

Numbers recently released by the Michigan Gaming Control Board show the state's retail books and online sports betting websites took almost $225 million in bets during July, down around 23% compared to Junes $292.4 million in wagering.

Online sports betting accounted for $206.1 million of Julys total, with about $18.9 million in wagering at Detroits three downtown casinos making up the remainder of the handle.

The weaker wagering for the month has been par for the course in July for every state with some form of legal sports betting. No NFL football and no more playoffs for the NBA and NHL left bettors with MLB and less-popular sports, which wasnt enough to drive an increase in handle.

Still, gross sports betting revenue last month in Michigan was about $22.9 million, giving operators a hold of almost 10.2% for July. Both figures were greater than Junes take for the books, when operators registered gross revenue of about $15.9 million and a win rate of 5.4%.

The leading online sportsbook for the month by handle was FanDuel, which took $60.1 million in bets. Second was DraftKings, with $57.5 million in wagering, and then BetMGM, with about $44.6 million in handle. The busiest retail sportsbook in the state last month was the Barstool Sportsbook at Greektown Casino, which took $9.6 million in wagers.

Fifteen online sportsbooks were licensed to do business in Michigan during July. After deducting around $7.6 million in free bets and other promotions, mobile operators owed $815,409 in taxes for the action they took during the month.

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Michigan Sports Betting Slows in July, but Books Reap More Revenue - Covers

The multi-channel deal includes the provision of Kambis sportsbooks directly to the Oaklon property in Hot Springs, Arkansas.

Press Release.- Kambi Group plc has signed an agreement with Oaklon Racing Casino Resort to provide its online and on-property sports betting solutions directly to the leading Thoroughbred racecourse and casino. in the US state of Arkansas,

Under the agreement, Combi will support Oaklon in launching its online sports betting operations under the Oklon Sports brand through the provision of best-in-class digital betting solutions, which include the bet builder, the award-winning Multiple Combi Bet.

Oaklawn will also continue to offer Kambis retail sportsbook within its Oaklawn Racing Casino Resort. Through a partnership with operator Churchill Downs Incorporated, Kambi has provided its retail sportsbook to Oaklon since 2021And todays agreement replaces this agreement for Kambi to have a direct contract with Oaklon for an extended period.

Additionally, Oaklon plans to expand its retail sports betting operations, creating an exciting experience for its customers during Thoroughbred racing.

christian nielyCombi CEO and Co-Founder said, We are very excited to strengthen our relationship with Oaklon Racing Casino Resort and will soon expand our partnership into the mobile space. Combining Combis advanced technology and Oaklons Americas The reputation as one of the leading excellent tracks and casinos in the U.S. makes this an attractive sports betting proposition.

Wayne SmithOaklon Racing Casino Resorts general manager said, Ocalon has been one of the most trusted brands in Arkansas for over 100 years and we are now excited to offer our loyal customers yet another great service with our much-anticipated mobile service. Betting Platform We look forward to providing you with the best online sports betting experience in Arkansas.

Kambi recently published its financial results for the second quarter of the year 2022 and reported revenues of 34.7m for the second quarter of 2022 and 71.5m for the first half of 2022.

The company also reported an operating profit (EBIT) of 4.9m for the second quarter of 2022, with a margin of 14.1 percent, and of 12.2m, with a margin of 17.1 percent for the first half of 2022.

Earnings per share for the second quarter of 2022 was 0.109 and the first half of 2022 was 0.286. Cash flow was 0.1M in the second quarter of 2022 and 5.6M in the first half of 2022.

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Kambi Group Signs Sports Betting Deal With Oaklon Racing Casino Resort - Nation World News

This article is part of our MLB Picks series.

RotoWire.com's Kevin Payne has dug into thebest sports betting sitesacross the country to identify his MLB bets and MLB player props to target today.

Ugh, I'm coming off a 0-3 week and it was really unlucky taking a look at the numbers. I went over with Joe Musgrove at 5.5 strikeouts and of course, he got stuck on five. Josiah Gray went over 16.5 outs by one out and the game between the rookies saw 12 runs, just none of them were in the first inning. However, this happens and easily that week could be 3-0 and I'd be here beating my chest if that happened. But a loss is a loss and it's a new Monday. By the slimmest of margins I still have a winning record on the season so let's see if we can put some space between the wins and losses.

Last Article's Record: 0-3

Season Record: 25-24

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Cincinnati Reds at Philadelphia Phillies

The Reds are going to give Luis Cessa a shot at starting and there's little chance he last more than four innings. This means the Phillies will get a shot at middle relief which should bode well for the hitters. I like Kyle Schwarber a lot in this spot and he's coming off a weekend with two singles, a double and a home run. He appears completely healthy from being a bit banged up earlier this month so I shopped around a few of his lines. The one I landed on is for him to record 2+ bases and I found it as low as -105 but as high as +110. By the time I was finished that +110 had moved to +105 but I'll take it there. On one site his anytime home run odds is only +210 so I think the safer move is to grab the +105 and be happy even if he hits a home run.

For users in Kansas, use theFanDuel Kansas Promo Codefor special deals when you sign up.

Atlanta Braves at Pittsburgh Pirates

While I barely have a winning record, I haven't incorporated the odds although I try and throw in something at plus-odds and today I'm going to have multiple wagers with those. One advantage I think bettors might have is that they're aware of the ability of players being called up or players who are suddenly getting playing time who weren't. I think in those cases it sometimes takes a bit for the books to catch up and there's an opportunity to take advantage of lines until they do. Vaughn Grissom is a good example of that considering the kid has done nothing but rake since being inserted into the lineup. Grissom has a 1.121 OPS since getting called up with three home runs, nine RBI, 12 runs and two stolen bases. Whenever I'm looking at betting a player to record an RBI, I usually head for DraftKings as they typically have the best odds. Today is no exception and I found that Grissom on some sites was +155 to record an RBI and +195 on DraftKings. He's got a good matchup against Roansy Contreras and hitting in the middle of the lineup he should get RBI opportunities. In case you're looking for some home run action on him, Grissom's anytime home run odds on Caesar's is +650.

For users in Kansas, use theDraftKings Kansas Promo Codefor special deals when you sign up.

Milwaukee Brewers at Los Angeles Dodgers

Julio Urias has been outstanding this season and he's gotten even stronger in the second half with a 0.87 ERA backed by a 0.84 WHIP. He's won six straight starts and 10 of 11 dating back to the middle of June. This is an outstanding home matchup against the Brewers who have a team .294 wOBA (sixth-worst) and strike out 25.7 percent of the time (third-worst) against left-handed pitching. I don't love the game odds of -255 to -270 but I do like the Dodgers -1.5 runs. That number can be found for -132 but on Caesars it can be found for only -115. I'm not worried about Eric Lauer taking the mound for the Brewers as Los Angeles has many capable right-handed bats in their lineup.

Sign up at Caesars Sportsbook using our Caesars Sportsbook promo code for your $1,250 First Bet on Caesars plus tier and reward credits.

Visit RotoWire all season long for exclusive sports betting picks from our group of handicappers with their expert MLB picks each day of the campaign. Remember that betting apps vary in terms of odds and available player props, so we have an easy-to-use odds page that allows you to shop for the best lines at DraftKings, FanDuel, BetMGM and PointsBet.

Before you place your bets, be sure to use all of RotoWire's MLB resources, like ourMLB Lineups page,MLB Weatherpage, and the bestbatter vs. pitcher stats.

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MLB Picks Tonight: Expert MLB Bets and Player Props for Monday, August 22 - RotoWire

Week 1 of the NFL season is just over two weeks away. Have you identified any bettings lines or point totals that youll be wagering for footballs opening weekend? Theres no shortage of great matchups to bet on, such as Bills-Rams, Chiefs-Cardinals and Buccaneers-Cowboys. Need a new sportsbook for your football bets? Youll want to check out FanDuel Sportsbook and their amazing promo: New users get a risk-free first bet on any NFL game up to $1,000!

Yep, thats right: a four-figure bet, completely risk-free! If it hits, youll be counting your winnings. And if you lose, you get the money you wagered back. You cant lose with this promo from FanDuel!

One thing to keep in mind: You dont need a promo code for this offer for Action users, but you will have to click on the link below to redeem.

FanDuel Sportsbook available with online registration and betting currently in the U.S. in Illinois, Louisiana, New York, Arizona, Connecticut, Iowa, Indiana, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming is giving all new users a risk-free sports bet.

Already have FanDuel? No problem: See offers at more sportsbooks for all sports right here.

FanDuel, originally a company focused completely around daily fantasy sports (DFS), has now become a gambling giant in the U.S., with the countrys biggest sportsbook and online casino. Theyre always on the cutting edge when it comes to their app and product, and you certainly wont be disappointed with adding them to your sports betting portfolio.

Theyre also very generous to both new and existing users. This offer is just for new ones, and heres how it works: Simply sign up at FanDuel using this link, deposit, and place your risk-free bet. If you win, you keep the profits. If you lose, FanDuel gives you the money you wagered back, up to $1,000.

Here is the schedule for NFL Week 1:

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FanDuel Promo Code: Bet $1,000 Risk-Free on Any Week 1 NFL Game! - The Action Network

Its been over four years since the United States Supreme Court overturned the federal sports betting ban, allowing states to legalize the activity if they wished. More than a dozen states followed suit, legalizing sports betting. However, operations have yet to start in some of them, while many only offer in-person betting.

State voters in Maryland approved the referendum in 2021, and the governor made the legislation legal and enacted it on July 1st. This article will explore the state of sports betting in Maryland, the legislatures history, and comparison with other states.

Following legalization, the Maryland Lottery and Gaming Control Commission established a set of rules and guidelines to regulate sports betting activities in the state. Legislators have approved a structure utilizing two distinct types of licenses:

Currently, ten licenses are reserved for six Maryland casinos, three professional sports teams, and the Maryland Jockey Club, which also includes the Pimlico Race Course and Laurel Park.

There are a total of thirty Class B licenses reserved for businesses that have physical locations in the State of Maryland. These licenses will be subject to competitive bidding to ensure fairness. Seven additional licenses are reserved for the Maryland State Fairgrounds, two commercial bingo halls, and four off-track betting establishments.

Moreover, the holders of both types of licenses can apply for mobile wagering licenses. Maryland law allows 30 retail sites and 60 online sportsbooks, although only five have started taking bets.

The Bill H989 of 2017 paved the way for legalizing sports betting in the State of Maryland. It called for the establishment of a task force that would study the implementation of sports gaming in the State.

In the following year, 2018, Bill H1014 asked the General Assembly to authorize the Gaming Commission to issue sports wagering licenses to increase revenue generation. However, the bill did not pass the Senate.

The next two years passed without note, except that legislators opted to settle the issue with a vote in 2020.

Finally, HB940 was passed in April 2021, ending the debate over sports betting in the State of Maryland. Retail sports betting also launched in 2021, and BetMGM was the first sportsbook to start operating in the State.

Many retail operators have built a lot of hype to increase betting activity after experiencing a slow start. Currently, mostly in-person betting is available, while online betting is largely still pending. Governor Larry Hogan has urged the Sports Wagering Application Review Commission to provide licenses to online operators before the start of the NFL 22 season, though chances are very slim.

Online sportsbooks have not reported more than $31 million in bets, which is minimal compared to the States annual projections. The State of Maryland only collected $452,897 in taxes from Junes sports betting revenue, so more licenses are still needed.

Maryland sports betting still outperforms D.C. and Virginia. All three states legalized the activity early on compared to other states, although Washington D.C. landed itself in a disaster.

Maryland and Virginia have allowed casinos to participate in sports betting operations to facilitate the integration. However, Virginia is focused on siting the casinos and building them; this will affect the tax rates and licensing fees. Therefore, the State of Maryland is expected to allow more operators to participate in sports betting activities than Virginia.

On the other hand, Washington D.C. has not fared well, even though it took its first bet in September 2021. Washington completely restricted mobile wagering, limiting it to a single app run by D.C. Lottery. Instead of utilizing a competitive bidding process like Maryland, the council gave the license to Intralot, a huge deterrent to D.C.s revenue potential.

Moreover, Intralot organizes sports betting activities via its GambetDC mobile app, which is widely being called out for inferior markets and uncompetitive odds. As a result, the temporary retail sportsbook in the Capital One Arena, the first U.S arena with a sportsbook, continues to outpace the GambetDC app.

Additionally, theres a new option for people tired of waiting for statewide mobile betting: BetMGM. The international gambling giant has recently launched a new geofenced app in collaboration with the Washington Nationals. BetMGM has integrated into the D.C. area and is seeking to expand its operations to other U.S. states. The physical sportsbook inside Nationals Park features over 40 large T.V.s for displaying odds and is open year-round for placing bets.

In conclusion, the State of Maryland seems to be on the right track regarding sports betting. While things need to be sped up, as Gov. Larry says, Maryland has fared far better than its neighbors, Virginia and Washington D.C..

While only five retail sportsbooks are operating, it will be exciting to see if SWARC comes through with the governors request to provide more approved licenses before the NFL 2022 season starts!

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Category: Local News, NEWS

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What's News in Maryland Sports Betting? - Eye On Annapolis

Texas sports fans anxiously await the day their great state will allow them to bet on sports in Texas. Although many states throughout the South have not legalized sports betting and are not likely to pass it in the near future, several have, including Tennessee, Louisiana, and Virginia. The success of sports gambling in these states through the internet and mobile phones has created new momentum for the industry. The most recent push for sports betting in Texas stalled in 2021, but now analysts are projecting a further push for Texas sports betting in 2023. The candidates for governor have also weighed into this issue, with one leaning towards approving Texas mobile sports betting.

If Texas online sports betting gets legalized, Texas sportsbook sign-up offers and Texas sportsbook promotion codes are bound to be very popular with new bettors in Texas. Before Texas online sportsbooks get the go-ahead, new bettors should be familiar with common online sportsbook terminology. Here is a guide to sports betting terms from our friends at SportsLine that will help you get ready in case Texas online sportsbooks become a reality.

There are several ways you can make sports wagers both online and in retail sportsbooks and plenty of bet types you'll want to familiarize yourself with.

Bankroll: A bankroll is a designated pot of funds that a bettor establishes for themselves that they are willing to gamble. Knowing where your limit is and sticking to it can help bettors keep their footing in sports gambling even if there are losses. Determining and sticking to this specified limit is a critical way to gamble responsibly for the long term and never lose more money they can't afford.

Unit: Based on the designated bankroll outlined above, a unit is the specific amount of money a bettor uses to wager on any individual bet. To calculate a unit, most experts say to use one to three percent of your bankroll. Then, you can use the unit system to guide when you gamble and evaluate your performance. Most professional gamblers use a unit indicator like +10.5 to show how profitable they have been over time. The unit system is a way to gamble responsibly because you will never lose too much on any one bet.

Edge: The edge in sports gambling refers to when a sports gambler believes they have a strong bet because of a trend, stat, or indication that has not been incorporated into the set line. Because of this indicator, a gambler believes the wager should win because the bookmaker missed something. You will hear this mostly from professional bettors who study the lines and try to pick up edges to be profitable in the long term. But be careful; just because the bettor believes they have an advantage does not mean the bet will win.

If you're looking for the best values on the board in Texas or elsewhere, be sure to check out SportsLine, which specializes in Vegas picks, DFS advice and season-long fantasy sports projections.

An industry leader, SportsLine.com provides advanced computer modeling, expert picks, news and analysis of all the biggest events in sports. It can help you identify in which games you'll have the biggest statistical advantage. Plus, you'll get access to a team of over 40 experts.

SportsLine provides betting advice across the four major professional sports, college sports, golf, tennis, soccer, combat sports, horse racing, auto racing and more. It's a proven resource to sports bettors around the world. You can sign up here to enjoy all of the sports betting and fantasy sports advice that SportsLine has to offer. Then, use your knowledge to crush Texas online sports betting when it's a reality.

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Sports betting in Texas: When it will be legalized, how to bet online, where to find picks, top-notch promos - CBS Sports

DUBLIN--(BUSINESS WIRE)--The "Online Sports Betting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)" report has been added to ResearchAndMarkets.com's offering.

The global online sports betting market is projected to grow at a CAGR of 10.23% during the forecast period (2022-2027).

The COVID-19 pandemic has had an positive impact on the market as consumers went more to the internet platform to bridge their financial, social, and psychological crises during lockdowns during COVID-19. According to a study done by Lund University, Sweden, consumer interest in online betting platforms has increased as a result of enjoying streamlined experience of having access to full list of betting markets from their desktop or even mobile devices.

Online sports betting is predominantly applied in events, such as FIFA World Cup and European Championships. Online betting is also popular in horse racing and tennis. Many of the online sports betting companies are sponsoring different teams as a part of their marketing initiatives and strategic expansions.

For the 2020 UEFA Euro Cup, the Gaming Innovation Group (GIG) launched an advanced and innovative platform for sports betting. The product integrated platform services that are super responsive, flexible, and data-driven will help operators perform better than their competitors by crafting the best user experience possible.

Key Market Trends

Increasing Popularity of Online Gambling

Due to the increasing global popularity of both sports betting and football as a sport, the football segment of the global online sports betting market records a high betting volume, with a growing number of bets, especially from European countries such as Italy, France and Spain, where football enjoys high popularity. The online betting segment is predominantly applied in the sports category, especially in football events, such as FIFA World Cup and European Championships.

Many of the online sports betting companies are sponsoring different teams as a part of their marketing innovations and strategic expansions. For instance, the Bwin brand, a pioneering online sports brand across Continental Europe, attained global recognition through high profile sponsorships with football clubs, such as Real Madrid and AC Milan. Nowadays the vast majority of football bets are placed online, attributed to the significant changes in the products and various betting markets that bookmakers offer. It has become very common that there will more than 100 different betting markets for any football match. Online sports betting popularity is increasing all around the world.

Europe Emerged as the Largest Market

The market records a high demand from European betting consumers, who bet across multiple leagues, pre-match and in-play. The market generates a major portion of its revenue from the United Kingdom, Spain, Germany and other European countries as most companies are using expansion into regulated markets as their strategy to generate sustainable revenues.

As the online sports betting is predominantly applied in events, such as FIFA World Cup, Wimbledon championship and European Championships, Europe's online sports betting market posted significant growth in the last few years, due to the 2021 Wimbledon Championship, Tennis emerged as one of Europe's biggest betting sports in 2021, despite Wimbledon occurring at the same time as the UEFA Euro Cup, which indicates the growing popularity of online sport betting across the European region.

Competitive Landscape

The market studied is characterized by intense competition and is highly fragmented due to the strong presence of regional and global players. The market is dominated by key players, like Bet365, GVC Holdings PLC, The Stars Group, 888 Holdings PLC, William Hill PLC. Key players compete on various factors, including offerings, user experience, brand equity, personalized payoffs, as well as access to various platforms. The dominating players have been focusing on mergers over the past few years, primarily to increase their stake in the market and to improve profit margins. For instance, Paddy Power PLC and Betfair PLC merged to form Paddy Power Betfair PLC. Similarly, Ladbrokes and Coral formed Ladbrokes Coral Group PLC post completion of their merger. Key players compete on various factors, including offerings, quality of betting content, user experience, brand equity, personalized payoffs, and access to various platforms.

Key Topics Covered

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Sport Type

5.1.1 Football

5.1.2 Basketball

5.1.3 Horse Racing

5.1.4 Baseball

5.1.5 e-Sports

5.1.6 Others

5.2 By Device

5.2.1 Desktop

5.2.2 Mobile

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 888 Holdings PLC

6.3.2 GVC Holdings PLC

6.3.3 BET 365

6.3.4 William Hill PLC

6.3.5 The Stars Group

6.3.6 Betsson AB

6.3.7 Kindered Group PLC

6.3.8 Paddy Power Betfair PLC

6.3.9 Cherry AB

6.3.10 Flutter Entertainment PLC

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19 ON THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/gsc5eh

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Global Online Sports Betting Industry Insights 2022-2027: Football, Basketball, Horse Racing, Baseball, e-Sports, and Other Events -...

The California Democratic Party revealed its ballot measure endorsements for November, and the measure to legalize online sports betting was not among them.

The party voted Sunday in opposition of Prop 27, the online sports betting measure, while remaining neutral on a separate measure to legalize sports betting at tribal casinos and race horse tracks. The partys stances on these competing measures give voters a guide on which way to vote when they appear on ballots in November.

The only thing left to be seen is whether voters will take the recommendations on sports betting, which is currently legal in over 30 states including at least 20 that allow online betting.

By opposing Prop 27, California Democrats rejected out-of-state corporations and reaffirmed their commitment to Californias Indian tribes, Agua Caliente Band of Cahuilla Indians Tribal Chairman Reid Milanovich said in a press release. Prop 27 is not a solution to anything. It would expose children to a massive expansion of gambling and turn every cell phone, gaming console, tablet and laptop into a gambling device. Prop 27 is a direct attack on tribal gaming and Indian self-reliance.

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California Democratic Party voted in opposition of online sports betting measure - For The Win

Jun 9, 2022; Tampa, FL, USA; Tampa Bay Buccaneers quarterback Tom Brady (12) participates in mandatory mini camp at AdventHealth Training Center Mandatory Credit: Nathan Ray Seebeck-USA TODAY Sports

Theres little left for Tom Brady to check off on his career resume. The GOATs dance card is just about full.

Hes a seven-time Super Bowl champion. Six of those wins came with the New England Patriots. Brady led the Patriots to 17 AFC East Division titles. That total was including 11 consecutive titles from 2009 to 2019. There were also 13 AFC Championship Game appearances, including eight consecutive from 2011 to 2018, and nine Super Bowl appearances. All are NFL records for a player and franchise.

Since moving to the Tampa Bay Buccaneers, Brady won another Super Bowl, an NFC Championship and an NFC South Division title.

During his NFL days, Brady is also a three-time NFL MVP. He won the award in 2007, 2010 and 2017, all with the Patriots. Does he have another MVP in him with Tampa Bay, at the age of 44?

One DraftKings bettor thinks so, and this person is putting their money where their mouth is. This bettor has placed a $11,050 bet on Brady to be NFL regular season MVP at odds of +1000.

The potential payout on this bet is a whopping $121,550.

A look around at the four major sports shows that those who earn MVPs are mostly young in years. Just recently, Auston Matthews, 24, of the Toronto Maple Leafs won the Hart Trophy as MVP of the NHL. Nikola Jokic, 27, of the Denver Nuggets claimed his second straight NBA MVP award.

In baseball, Los Angeles Angels two-way phenom Shohei Ohtani, 28, received the American League MVP. Philadelphia Phillies outfielder Bryce Harper, 29, earned the recognition from the National League.

The good news for this Brady bettor is that football is appearing to be the exception to this rule. Last season, Green Bay Packers quarterback Aaron Rodgers captured his second consecutive NFL MVP. Rodgers turned 38 years old in December of 2021.

Already, Brady is the oldest MVP in NFL history. He was 40 when he most-recently won the award for the 2017-18 season. Fittingly, he received 40 first-place votes.

San Francisco Giants outfielder Barry Bonds was also 40 when he earned the NL MVP in 2004. That was one year senior to the previous record holder: Pittsburgh Pirates first baseman Willie Stargell was 39 when he shared the 1979 NL MVP award with Keith Hernandez of the St Louis Cardinals.

In the NBA, Karl Malone of the Utah Jazz was 35 when he claimed the NBA MVP in 1998-99. Both Herb Gardiner of the 1926-27 Montreal Canadiens and Eddie Shore of the 1937-38 Boston Bruins were 35 when they were awarded the NHLs Hart Trophy nearly a century ago.

Detroit Red Wings legend Gordie Howe, like Brady, drew upon a Michigan background and seemed to be an ageless athlete. Howe, known simply as Mr Hockey, played in the NHL at the age of 52.

Brady will turn 45 on August 3. Howe was 45 in 1973-74 when he was named MVP of the WHA. That makes him the oldest player in a major-league sport to win MVP recognition.

However, Brady wont be able to one-up Howe in one category. When Howe was named MVP of the WHA, the award he received was the Gordie Howe Trophy.

Howe was 34 when he won his sixth and final Hart Trophy as NHL MVP in 1962-63. Hes the only player to be named MVP in four different decades.

Currently, Brady is the co-second betting choice to win the 2022-23 NFL MVP odds with Buffalo Bills QB Josh Allen. Both are offered at a current betting line of +900. Kansas City Chiefs QB Patrick Mahomes, the 2018 NFL MVP, is the +750 betting favorite.

Would you have made this massive wager on Brady to be the NFL MVP this season? Probably not. After all, history isnt on his side.

Then again, as always, when it comes to the NFL, bet against Brady at your own peril.

NFL NBA MLB NHL NCAAF NCAAB Tennis Sports Writer

An industry veteran, Bob literally taught the course on the history of sports at Elder College. He has worked as a Sports Columnist for Postmedia, appeared as a guest on several radio stations, was the Vice President of the Society For International Hockey Research in Ontario, and written 25 books.

NFL NBA MLB NHL NCAAF NCAAB Tennis

An industry veteran, Bob literally taught the course on the history of sports at Elder College. He has worked as a Sports Columnist for Postmedia, appeared as a guest on several radio stations, was the Vice President of the Society For International Hockey Research in Ontario, and written 25 books.

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Optimistic Bettor Places Massive Wager on Tom Brady to Be NFL MVP - Sports Betting Dime

Legalized sports betting has exploded onto the scene in the United States following the reversal of the Professional and Amateur Sports Protection Act of 1992 (PASPA) in 2018. Since then, 35 states have legalized sports betting in some capacity.

Want to know if youre able to bet in the Centennial state? Check out our Colorado guide to sports betting:

Sports betting is legal in the state of Colorado as of May 2020. HB19-1327 was passed, authorizing sports betting prior to official legalization on May 1, 2020.

Additionally, the state will collect a tax of 10% on the net proceeds of sports betting activity to fund implementation of the state water plan and other public purposes. Of the total amount of tax collected, after first repaying the general fund appropriation for startup and initial operating costs, 6% is set aside annually to compensate the beneficiaries of revenues generated by limited gaming and other wagering activities for any losses attributable to competition from sports betting.

Colorado sports betting allows users over the age of 21 to make online, mobile, and retail wagers. Additionally, all legal sports bets need to be placed within state lines. Mobile sportsbooks utilize geolocation to track your phones internal GPS chip. When betting online, users are prompted to download a plugin to make legalized bets. If making retail wagers, head to a Colorado casino to make your bets in person.

Betting on college sports is allowed in Colorado. Various sports are available to bet on, and Coloradans are able to bet on sporting events involving their in-state Division I schools (University of Colorado, Colorado State, University of Denver, Air Force Academy) as well as all other regulated NCAA sporting teams and events. The one nuance to betting on college sports in Colorado is that player props on college sporting events are not allowed. Player props are bets on players' individual performance, like will x player score over/under 15.5 total points?

Despite the prohibition of college player props, futures bets on college teams and players are allowed. Popular futures bets include betting on the University of Colorado to win the Pac-12 conference in basketball or on who will win the Heisman trophy in football. Futures betting is not just subject to schools in Colorado, as all available players can be wagered on.

Currently, 25 legal sportsbooks operate in the state of Colorado. Colorado is one of the more widely-available states when it comes to sports betting, allowing bettors the opportunity to pick and choose what books they want to bet at.

Below is a list of all legal 25 sportsbooks in Colorado:

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Sports betting in Colorado: Which sportsbooks are available and how can I place a bet? - Sporting News