Category Archives: Sports Betting

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Sports Betting News, Analysis and Picks | SBD - Sports Betting Dime

Since the United States Supreme Court struck down the Professional and Amateur Sports Protection Act, the federal law that prohibited sports betting, in 2018, the popularity has grown enormously.

Nowadays, more than two dozen states allow betting on sports in some capacity whether it be in retail (in-person) or online. Tennessee and Virginia have legalized sports betting online and nearly every state has at least considered legalization.

Virginia has allowed in-person betting, which is where something like the incoming Hard Rock Hotel and Casino in Bristol comes into play.

The top-line number is the one that gets headlines in the growing sports betting industry. Some states have seen billions wagered on a monthly basis and tens of billions have been bet on sports since 2018.

Experts guess that Virginia could reach more than $7 billion in annual handle, with perhaps as low as $6 billion or less on the low range of outcomes.

Virginia became the fastest state to reach $1 billion in wagers.

When Virginia launched both retail and mobile sports betting, it only took one month to show massive revenue spikes.

The state taxes online sports betting revenue at 15% on the adjusted gross revenue and in November 2021, tax revenues grew to $4.3 million, according tohttps://www.virginiacasinos.com,which is overseen by the Virginia Lottery.

Of that, 97.5% of the tax dollars go into the General Fund while the remaining 2.5% is earmarked for problem gambling support.

The handle is the amount of money wagered across all sportsbooks. So, if the total handle for a month is $100 million, that means collectively the sportsbooks accepted $100 million in wagers.

In February of this year, the states handle surpassed $401 million for the fifth consecutive month. Over $33 million was wagered on the Super Bowl.

Revenue in sports betting is a little different than the business term revenue.

Gross gaming revenue represents the amount of money left from the handle after sports books pay out bets for the month. If, of the $100 million in bets, sportsbooks paid out $92 million to winners, the GGR would be $8 million.

AGR represents the GGR minus deductions like the federal excise tax (which is .25% of handle) and promotional dollars given out in the form of deposit bonuses or free bets. In Virginia, sportsbooks make these deductions, and then the amount left is the number taxed by the state.

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The Hard Rock Sportsbook will be located across from the sports bar.

The Sportsbook will have five available betting windows and 19 kiosks throughout the property. There will be 15 kiosks in the Sportsbook and four others will be found on the casino floor.

At the kiosks, you can bet on up to 20 teams while at the windows, the maximum is eight. You do not have to be a Virginia resident to place a wager, but you must be at least 21 years old. There is a $5 minimum wager.

The types of wagers that Hard Rock Sportsbook will offer include straight bets, parlays, teasers and futures.

The House Rules for the Sportsbook can be found on the website athttps://www.hardrockhotelcasinobristol.com/-/media/project/shrss/hri/casinos/hard-rock/bristol/casino/sportsbook/sportsbook-rules.pdf?rev=7d199c63cf49443e92fe59bb083b2883.

Some of the sports available to be on include football, basketball, baseball, hockey, soccer, combat sports like boxing or MMA, auto racing, golf and more. The Hard Rock Sportsbook does not yet offer betting on horse racing.

The Hard Rock Bristol Sportsbook does have a mobile app and it is live. It can be downloaded on the App Store and Google Play Store.

For those lucky ones that made a winning wager, collecting is fairly simple.

You may bring the winning ticket to the Hard Rock Sportsbook where the wager was placed and see a Sportsbook Agent to collect.

You can also insert the winning ticket into a betting kiosk and receive a cash voucher in return which you may cash at Hard Rock Sportsbook or Casino Cage.

If the Sportsbook is closed, visit the Casino Cage for after-hours cashing.

You can collect your winnings by mail by referring to the back of your ticket for mail-in instructions or visit the website.

All tickets must be redeemed at the Sportsbook in which they were written.

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Hard Rock Bristol to offer vast array of sports betting - Johnson City Press (subscription)

Financial trading giant Susquehanna International Group (SIG) made waves last month when overnight it became thelargest PointsBet shareholder.

SIG invested $66 million into PointsBet, but the deal extended beyond just cash. SIG subsidiary Nellie Analytics will also work with the sportsbook to develop the in-play product and take bigger bets with lower vig.

LSR caught up with SIGs head of gaming David Pollard to discuss the investment and the companys wider vision for sports betting.

DP: Theres no doubt finance and options is our core business and always will be. But people here have always been interested in sports from a game theory and hobby perspective.

As for the industry, our experience of price discovery in financial markets and evaluating large amounts of data in real time is analogous to in-play betting. The market is shifting from pregame to in-play and we think that lines up with our interest and expertise.

DP: It is a separate business. Nellie has been making markets on the Betfair Exchange and Matchbook in Europe since April 2017. The plan is to share that expertise with PointsBet to give them more confidence in their price.

The additional confidence will allow them to accept bigger wagers and more quickly. Eventually they will be able to reduce the juice as well. We definitely believe there is a need in the market for that and we can differentiate ourselves there.

DP: Thats a discussion with PointsBet and their comfort level as well. Were separate businesses.

With additional confidence in price, theyll have a desire for larger wagers. It might take time to get integrated but we believe theres an interest in the market.

DP: Its really a balance of appealing to the broadest base possible. You can have a lower-dollar retail player interested in same game parlays, then more serious players who are price-sensitive.

This is a strategy PointsBet were already pursuing, we just think we can help them get there more quickly with some improvements.

DP: I think both parties are excited about that. The nine-month exploratory period is to get to know each other and line up teams.

Substantively meeting PointsBet was only recent. Theres a lot of time involved in working out details but the goal is to have a long-term agreement.

DP: At this point, no. We have the capital to be opportunistic in a variety of ways.

Sports betting is a capital-intensive industry, especially going into new jurisdictions. This gives PointsBet the flexibility to go into new jurisdictions and compete from day one.

Historically that hasnt always been the case. As for M&A, they will have the capital to be opportunistic if the right deal comes along.

DP: It was more about finding the best way for us to access the market, not about where stock prices are.

Weve been looking around for the right opportunity. Weve been here since 2017 before PASPA was repealed. It was finding the right opportunity with the right firm to enter the US market. We bumped into Johnny Aitken a few years ago and liked their background, the way they looked at the industry.

DP: Our goal is to increase our stake as the opportunity increases. We think it is a huge opportunity but there is nothing specific in terms of a percentage.

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Susquehanna Gaming Head On Betting Limits, Further PointsBet M&A - Legal Sports Report

Herv Schlosser, CEO at Sportnco, talks to iGB about the sportsbooks rapid entrance into new global markets, and how the recent acquisition with Gaming Innovation Group (GiG) has been the perfect match.

Herv Schlosser has been working in the sports betting industry over the last 15 years. He founded and launched Sportnco and was its CEO and main shareholder from 2008 to 2022.

The Company started as a B2C business in sports betting in the newly regulated French market as it got one of the first sports betting license in 2010. He has since launched a B2B business under Sportnco, in France, Europe and South America.

Schlosser negotiated the sale of Sportnco to Gaming Innovation Group (GiG), which was signed in December 2021 and closed on the 1st of April 2022. He now works as Managing Director of Sportnco.

Gaming Innovation Group (GiG) closed the acquisition of highly-regarded sportsbook and platform provider Sportnco for 51.3m in April this year.

However, Herv Schlosser, CEO at Sportnco, says it wasnt a natural step in their evolution to join forces with GiG in fact, Sportnco was not originally for sale.

It quickly became apparent that the combination of geographical areas, product portfolio and PAM product made for a very strong united force, Schlosser says, meaning the combination made strategic sense.

Meanwhile, each company brought a strong presence in a different group of regulated markets, with only one overlap: Argentina. Sportnco was very prominent in France, Spain, Greece, Belgium, Portugal and South America while GiG had a significant presence across Northern Europe, Eastern Europe and North America.

Schlosser says this is what made the companies a perfect match with almost no overlaps.

From 2010, Sportnco launched its B2B offering for regulated markets across Europe first and then South America. After combining with GiG, the pair now delivers sportsbook and PAM solutions to 36 different jurisdictions, operating with more than 610 employees out of headquarters in Malta, Denmark, Latvia, France, and other offices in Barcelona and Madrid, Spain.

Jumping in the deep end

Everything started 13 years ago for Schlosser, when the French gaming market opened to competition. Schlosser credits his businesss current success to starting in such a complex and highly taxed jurisdiction.

High taxes necessitated high margins in the country, with a turnover tax of 9.3% meaning operators had to work to a margin of between 15% and 20% to remain profitable.

We started as a B2C company and were among the first eight to get their sports betting licence in 2010, when the French market became regulated. Very quickly, we had opportunities to do B2B business, because we had been building our software for the sportsbook platform in France.

Having started as an operator under the France Pari brand, the success of its B2B operation ultimately saw the supply side generate similar levels of revenue, then surpass the customer-facing business.

Two or three years after the start of our B2C activity, we made a clear decision in terms of strategy, Schlosser explains. My feeling was that the world was getting regulated, and so we focused on our B2B operations

Going forward, starting in such a heavily taxed market has helped make Sportnco adept at entering similar highly regulated territories, such as Portugal, where it already has three clients signed, including migrating Betways local operations in the second half of this year.

While creating strong foundations across Europe, Sportnco and GiGs expansion efforts in North America further reflect the companys focus on taking strategic positions in high-potential markets. The lessons learnt early on have set them up to succeed going forward.

Our understanding of regulated territories is where we are able to bring value to North America we have a strong competitive advantage in our ability to offer attractive odds and good margins which seems to be impossible to mix the two, but this is part of our know-how.

Common ground

GiG and Sportnco both started out in Europe, and at the time of the acquisition had grown to B2B businesses of similar types: software in SaaS mode for regulated markets, something Schlosser believes has aided the integration in its early stages. In terms of culture, our ability to mix internally has made for a very strong team it is all going very well.

This undertaking, he says, is focused around combining the solutions of the two entities, and developing unified processes for the enlarged company.

As a business, we have had our first deal with [Full Games in] Angola, where we were able to put together Sportncos books and platform and combine that with GiGs managed services, he explains.

GiG can offer clients that have their own license but no operational experience the ability to launch into the market and quickly find success, supplying them with the marketing, CRM and Business Operations to do so seamlessly. We can support this through our KYC processes and pavement management.

Sportnco and GiG followed this by striking a head of terms agreement with Crab Sports in early June. The deal which will focus on the state of Maryland marked the first US-facing deal struck since GiG acquired Sportnco in April. Under the agreement, Sportnco and GiG are able to provide their full solution, which includes their technical platform, CMS and sportsbook.

Its been amazing to see how quickly we have been able to finalise this deal in the US its been really impressive.

When it comes to processes, Schlosser sees this as a combination of learning and teaching. Being with GiG we have been able to strengthen our processes in terms of dealing quickly with new regulations he says. [This enables] us to move quickly when expanding into new markets. Both companies are learning a lot from one another.

Company dynamics

Moving ahead, Schlosser picks out three priority areas for a successful integration, and to ensure the enlarged business can thrive. The people, the clients, and the financials.

In terms of people, we are getting along well. We had a seminar in Madrid two weeks ago which was a tremendous success. There are so many rationales behind the merger of the companies that everyone feels comfortable in its success.

Schlosser credited GiGs team for preparing for the merger in advance, with preparatory work carried out ahead of the deal closing ensuring everything was scheduled and prepared before the deal was completed.

When it comes to clients, the expansive new network and addition of products have only increased and got stronger as evidenced by the Full Games and Crab Sports deals being struck in quick succession since the acquisition closed. We now benefit from a sportsbook that has the tools to accelerate the acquisition of players, and our clients benefit from better products, developed tools and more access to different regulations.

And in terms of financial performance, he adds, there has been signs that growth has accelerated I think our new deals are a testimony that we are already performing well

So far, the integration is a success, and we really want to continue to have this good dynamic between Sportnco and GiG.

And that sets up the business for a strong push into North America. We expect to continue to grow our existing client base with the help of GiG, enabling our clients to recruit more and more players and compete in multiple markets, Schlosser says. We also want to bring in existing clients to new countries.

We have Europe, we have added LatAm, and now well add North America and Africa

With the Fifa World Cup coming up, the success of this year is only set to continue for GiG and Sportnco, with an extensive roadmap set out in the leadup to November.

Our sports calendar drives our business were incredibly excited about all the upcoming opportunities of 2022.

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Acquiring the perfect partner - Sports betting - iGaming Business

The odds on Justin Thomas winning The Open Championship and the Alabama Crimson Tide winning the SEC Conference have been boosted by Caesars Sportsbook. In this article, we discuss some of the most profitable odds boosts available at various sportsbooks for the 2022 Open Championship.

We have an Alabama boost for The Open Championship via Caesars right in time for college football season. Boosts such as this involving Thomas and the Alabama football team are not an accident, as Thomas is a strong supporter of his alma mater. As a member of the golf team at Alabama, Thomas won a National Championship in 2013.

Here are the top boosted odds plays for The Open Championship:

Check out the latest comprehensive and most trusted Sportsbook Reviews by SBR.

Regular odds:+3150BOOSTED ODDS: +3300

Having already placed some outright bets on Thomas to win The Open Championship, this odds boost from Caesars certainly caught my attention. Thomas has already won one major championship this season, the PGA Championship held at Southern Hills in May.

You will be in a power position should Thomas win The Open, as you hold a +3300 ticket for Alabama to win the SEC in college football. At several sportsbooks, Alabama is priced as short as -150 to win the conference as Heisman Trophy winner Bryce Young returns to Tuscaloosa for his sophomore season.

Regular odds: -102BOOSTED ODDS: +125

Most of the time, when you see premade parlays with several golfers making the cut with boosted odds, there is one golfer who concerns you. As all four members of this group are elite golfers on the PGA Tour, I do not see this as a problem.

Only Will Zalatoris raises some concerns in this group as he has no history of playing at The Open Championship after withdrawing last year. Even though Zalatoris does not have any prior experience at the event, it is difficult not to bet on him to make the cut considering that he trails only McIlroy in strokes gained: tee-to-green this season.

Will ZalatorisWD'd with back pain in his only other Open start, last year

In the last 8 majors he has3 RUs6 top 10s

Just this year he has gained +11.15 strokes total in majors.

Most sportsbooks do not allow parlays for to make the cut props, which really limits the potential interest in the prop because bettors do not want to lay -800 on an outright favorite. A parlay of this prop offered by Caesars, which has been boosted by 27 cents, should prove to be of interest to many bettors.

Regular odds: +1000BOOSTED ODDS: +1250

McIlroy money has not been in short supply this week, as he represents one of the biggest liabilities for several sportsbooks, along with Tiger Woods. With this liability in mind, it is interesting to see Barstool Sportsbook boost the odds on McIlroy and welcome even more liability.

This is by far the best price available in the market for bettors who wish to buy outright tickets for McIlroy. The price for McIlroy at DraftKings Sportsbook and Caesars is +900, while the price on FanDuel Sportsbook is +1000. In sports betting, finding the best odds is critical, and this boost from Barstool offers you the best price on McIlroy to win this week.

Here are ourtop-rated sportsbooks:

SEE ALSO: Allpicks,odds, andsports betting news. Be sure to check out SportsbookReview.coms communityforumsandbetting tools.

Jon Metler is a Sports Betting Analyst at SportsbookReview.com. Having been involved in sports betting for over twelve years, he specializes in futures markets. In pursuit of value, he keeps a close eye on movements in futures markets across a variety of sports. He believes strongly in analytics and staying ahead of the curve; let the numbers do the talking. Jon covers futures markets in the MLB, NFL, NBA, NHL, NCAAF, NCAAB, PGA Tour, and LPGA. A lifelong Detroit Tigers fan, he still has nightmares about Torii Hunter flipping over the Boston Red Sox bullpen. After cashing back-to-back-to-back LPGA Money List futures tickets at a price as high as +8000 in 2020, Jon serves as the president of the Jin Young Ko Fan Club. Jon holds a bachelor's degree in Sports Studies from the University of Windsor. You can find him watching games, listening to sports, or searching for his golf ball in the woods.

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Top Sports Betting Odds Boosts for The Open Championship: Best Odds on Rory McIlroy - Sportsbook Review

SUZOHAPP will be one of the exhibitors and sponsors of SBC Summit North America, taking place at the Meadowlands Convention Center in New Jersey next week July 13 and 14.This is the second year exhibiting at the show for the manufacturer of gaming and sports betting products, and this year the company is adding a speaker to one of the panels.

During the event, SUZOHAPP will be highlighting its comprehensive suite of sports betting terminals. Over the past year, the company launched its complete sports betting ecosystem to help sportsbooks make a seamless transition to the retail space. "With over 60 years of experience in the Gaming, Amusement, and Sports Betting industries, SUZOHAPP has been working to help ease the burden of hardware allowing by offering a self-service ecosystem to support the entire life cycle of a bet," the company explained in a press release on Friday. It also noted that its sports betting ecosystem is designed so that whether at the bar, behind the counter, or on the sports book floor, customers can place their bets "how they want, where they want, with minimal impact to operations."

As new regions open up for sports betting opportunities, we felt it was important to ensure that platforms are able to go to market quickly in an omnichannel way, including in retail, while keeping true customer use-cases in mind, said Todd Sims, Vice President of Sales, Gaming & Amusement for the Americas at SUZOHAPP. Weve partnered with companies like Elo Touch Solutions, Custom and CountR to create a suite of high-quality, fully customizable terminals that create a full sports betting ecosystem that automates the betting experience from start to finish and meets customers in venues where youd expect them to be in order to maximize on in-game betting.

SUZOHAPP will be exhibiting at booth #111, and Sims will be in the panel titled Making In-Play Mass Media on Thursday from 10:50 to 11:40 am in CR2.

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SUZOHAPP to present its omnichannel sports betting ecosystem and add a speaker to SBC Summit North America - Yogonet International

Here we are in early July, and the NJ online sports betting count currently stands at 21 apps. Call it a temporary number for this constantly revolving door.

Remember, in 2022, weve already seen four brands cease operations with NJ bettors. Two of them, TwinSpires Sportsbookand theScore Bet, called it quits earlier this summer.

Two other NJ online sportsbooks, 888andResorts, stopped taking wagers to make room for newcomers.

There is a list of other brands, including a few not available in any other US jurisdiction, hoping to launch this year. Everybody wants a piece of the NFL betting action.

Yes, even in this fierce NJ market thats dominated by the likes of FanDuel,DraftKings, BetMGM,CaesarsandBarstool.

Here is a closer look at the list of companies looking to get a piece of the NJ online sports betting action.

As far as how many of them will actually launch in 2022, well set the line at 2.5 apps. Keep in mind the list below is in no particular order.

Back in February,Resorts Digital Gaming (the online arm of Resorts Atlantic City) sent out a press release announcing Resorts online sportsbook would stop taking bets. Here we are several months later, and there are still a lot of questions surrounding the decision.

Who is replacing Resorts (the online app, not the Atlantic City casino)?

The original announcement generated a little intrigue with the wording set to sign a deal that will allow an exciting sports betting brand, new to the USA.

As of last week, there is still no official word regarding who it is. PlayNJreached out to RDG for an update, but no additional details are available, at least publicly.

So since the case of the mystery sports betting partner remains unsolved, it seems unlikely this new brand will be ready for an NFL week 1 launch.

Sporttrade will make its US debut this year in the Garden State. According to PlayNJ sources, the app remains on target to launch for the beginning of football season.

Whether that will be August or September is TBD.

Whenever it happens, bettors will experience a different sports betting experience. Instead of taking the Philadelphia EaglesorNew York Giantsmoneyline, gamblers will trade sports bets like they would trade shares of DraftKings or Caesars Entertainment.

Being that NFL training camps will be opening later this month, expect more details regarding Sporttrade launch plans soon.

If we are looking at things from an NJ sports betting revenue perspective, the status of Bally Bet is pretty big. Its no secret that most NJ sports bets are placed via mobile devices.

Guess whichAtlantic Citycasino does not have a true NJ sports betting app operating under its license?

That would beBallys Atlantic City.

Right now, vie.gg an e-sports betting platform, is the lone skin operating under Ballys AC license.

TheBally Casinoapp is live, so expanding the offering with an NJ online sportsbook is the next logical step as it would create cross-selling opportunities. Now that the Bally Bet app is live in New York, New Jersey plans should be coming into focus.

If you visit the Fubo Sportsbook website, the words coming soon appear. The exact date, even the month, is not included.

However, a little digging on theNew Jersey Division of Gaming Enforcement website may reveal that coming soon could mean in time for NFL and college football seasons. The most recent list of DGE petitions includes the following blurb:

Joint Petition of Harrahs Atlantic City Operating Company, LLC d/b/a Harrahs Resort Atlantic City, Caesars Interactive Entertainment New Jersey, LLC and Fubo Gaming Inc. for Permission to Conduct a Business Transaction.

This doesnt mean anything is happening this week or next. However, dont be surprised if details regarding Fubo Sportsbook testing period or soft launch are announced soon.

Continue checking PlayNJfor updates.

Like Sporttrade mentioned above,Prophet Exchangeis different as it will operate as a peer-to-peer sports betting exchange.

This start-up company has a market access partnership withCaesars Entertainment. The New Jersey and Indiana markets are first in line. Once its live, gamblers will set prices for others to bet on or make wagers based on prices currently available.

Other than basic information, Prophet Exchange has been relatively quiet publicly regarding its plans.

MaximBethas its market access deal in place with Caesars Entertainment. But it doesnt mean the brand will be available to NJ sports bettors anytime soon.

Actually, parent company Carousel Grouphas New Jersey on its list of future states. Plans call for Indiana, Iowa and Ontario launches to take place first. Should everything stay on schedule, New Jerseyans could be placing bets before 2022 ends.

Once MaximBet is available, count on seeing Nikki Minajpromos. Yes, the pop icon has signed with the company as an investor, advisor and global ambassador of the sports betting lifestyle brand.

This could be the most intriguing name out of all the brands mentioned here. For one, theBetFanaticsapp is not available in any market yet. At the same time,Fanaticsis a company people outside of the NJ sports betting world know extremely well.

The fact thatCEO Michael Rubinannounced onTwitter that he is selling his stake in the Philadelphia 76ers andNew Jersey Devils due to a soon-to-launch sports betting operation, means the BetFanatics plans are beyond rumors at this point.

If the reports of Fanatics buying Tipico Sportsbookturn out to be true, BetFanatics would only need to worry about rebranding and not building a platform from scratch. With Tipico already operating in NJ, a BetFanatics NJ launch could happen sooner rather than later, once the potential deal closes.

Well be watching this news closely.

Those who have been following NJ sports betting from the beginning, likely remember 888sport as one of the originals.

However, in December, parent company 888 Holdings made the decision to stop taking sports bets. Instead of exiting the market, the move is simply a step back, setting the stage for something bigger relaunching asSI Sportsbook.

When the news broke, John Atkinson, director of business development at 888 Holdings, confirmed the future plans:

As part of our strategic partnership with Sports Illustrated, we can confirm that we have closed 888sport.com in New Jersey as we prepare for SI Sportsbooks launch in the market.

As of now, Colorado remains the only market where the app is available. The Garden State being next seems like a logical next step.

Now that theScore Bet is no longer taking bets in New Jersey (and the entire country), Monmouth Parkhas an opening for a third online skin.

Caesars SportsbookandSugarHouse, the racetracks other two partners, are staying put. So dont expect Monmouths numbers to take a significant hit. PlayNJ analysts estimate that theScore Bet accounts for likely 0.5% of the market share.

Names likeBlueBet Sportsbook,Circa SportsandBetfredare just a few of the companies still sitting on the NJ online sportsbook sidelines. And none of them have announced NJ market access deals. Should one of them decide to take advantage of this opening, it will take time to finalize a deal and get through the regulatory process.

Sure, something could still happen later this year. However, next year seems more realistic.

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NJ Sports Betting Scene Will Likely Expand Again In 2022 - Play NJ

With the industry sweeping the country, sports fans in Georgia are wondering when Georgia sports betting will materialize. Georgia mobile sports betting won't debut in Georgia this year because the state legislature ended its session before a bill could be voted on. However, experts believe Georgia sportsbooks will still be legalized at some point in the future. Sports fans in the Peach State love their teams, so once Georgia mobile sports betting is legalized, it is bound to be very popular.

If Georgia online sportsbooks get the go-ahead, Georgia sportsbook sign-up offers and online sportsbook promotion codes could be a huge hit with first-time bettors. As exciting as it sounds, it can also be overwhelming for new bettors to learn all the betting styles and sports betting terms. Now is the perfect time to brush up on sports betting terminology with this helpful guide from SportsLine so you can wager like a pro if Georgia legalizes online sports betting.

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.

Parlay: Parlays are popular because they offer sports bettors a chance to win big with a minimal investment, and they are exciting because the risk is higher. Parlays involve the selection of two or more propositions on a single wager, and all of the teams must win for the bet to become a winner. For example, if you pick all five California pro baseball teams on a parlay, then all five teams have to win for the bet to be a winner.

Teaser: This method pays lower odds than a parlay, but remains popular because handicappers still find them profitable. Teasers are a variation of point-spread betting in which they allow the bettor to increase the point value of their selected team. For example, let's say both of Los Angeles's football teams are seven-point favorites and you think they will win their games, but you are unsure if they will cover the spread. Using a six-point teaser will drop each team to a one-point favorite, meaning they only need to win by two points for your bet to be a winner.

Futures: Looking ahead to the next football season? Place a futures bet, which is when you wager on a sporting event or season well in the future. The pro football schedule has been released for next season, so football futures are about to be very popular. If Georgia online sports betting was legal, you could check out when rival teams like New Orleans will be in town to take on Atlanta.

If you're looking for the best values on the board in Georgia 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 Georgia online sports betting when it's a reality.

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

There are now 30 states that have online sports betting, and Texas sports betting could come to fruition soon. The most recent push to legalize Texas mobile sports betting was halted in 2021, but now more experts than ever believe Texas sports books could be legalized in 2023. There is even one candidate for governor who said he will back sports betting in Texas if he is elected. If online sportsbooks are legalized in the Lone Star State, it would compete with New York as the largest state to have legal online sports betting. Texans love their sports teams, so there is no doubt that a Texas sportsbook promo code could be very successful.

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.

Outright: This is a popular kind of bet because it is easy to place and doesn't involve multiple sides or handicapped points. With an outright bet, the bettor picks which athlete will win an entire event. This is a very popular betting method for sports like pro golf where single athletes compete against one another. Outright betting can also be used for title fights or for car races, which are in full force during the summer.

Futures: Looking ahead to the next football season? You can place a futures bet, which is when you wager on a sporting event or season well in the future. The pro football schedule has been released for next season, so football futures are about to be very popular. Now is the perfect time to check out when rival teams like Philadelphia will be in Texas to take on Dallas's football team and think about which football futures bet you'd make.

Push: Simply put, a push is a tie from a betting perspective when neither team can cover the spread. For example, if Dallas has closed as a three-point favorite against San Francisco and then wins the game 27-24, neither team covers the spread and it is considered a push. When this happens, all bets on the spread are returned.

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, betting promos - CBS Sports

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Sports bettingis legal inNorth Carolina, with two retail sportsbooks open in the state. Additionally, aSenatebill to allow online sports betting is moving through the NC Legislature.

Entering daily fantasy sports competitions is a legal practice in North Carolina. The state legislature did not pass specific legislation that regulates and taxes DFS operations, however, it has not moved to outlaw the contests either.

That means the popular sports fantasy games offered by DFS operators like FanDuel and DraftKings can be played within the state of North Carolina.

This bodes well for the very possible legalization of online and mobile sports wagering in the Tar Heel State.

North Carolina falls in line with many southern American states, in that it adopts a rather cautious and conservative stance about most forms of gambling.

For example, there are no casinos outside of the three tribal locations. With this in mind it was something of a surprise when the North Carolina authorities moved forward with retail sports betting at two of the states casinos.

Therefore, it would seem that sports betting has a fair chance to become legal in the state, with a bill to allow mobile wagering already passed the Senate and making progress in the House. The North Carolina Senate passed the bill in August of 2021. In November 2021, the House Commerce Committee rubber-stamped the bill. Despite these positive moves, the bill still has a few hurdles to leap over in committees within the full House.

Observers with a glass-half-full attitude expect that this bill will eventually get through to become law.

Although Carolinians cannot legally place sports wagers online, there are neighboring states where regulated sports betting of this nature is in place. As it stands, three of North Carolinas bordering states have legalized online sports betting.

Virginia online sports bettingis legal and thriving which has surprised a few. Virginia is home to12 sportsbook appsless than a year after the first books appeared in January 2021 and that number is not capped.

West Virginia was actually one of the quicker states out of the blocks nationwide. West Virginia sportsbooks have been accepting wagers since August 2018 and there are currently six online sports betting apps operating in WV.

Tennessee launched online sports betting inNovember 2020 and online sports betting remains the only way to place wagers legally in the state. There are currently nine sportsbook apps vying for positions in the Volunteer State.

Yes, North Carolina sports betting is legal at two different tribal casinos, both with retail sportsbooks on the premises.

Right now, there is no legal online sports betting in North Carolina. However, a bill passed by the states Senate is currently progressing through the House.

Yes, you can play both FanDuel and DraftKings daily fantasy games in the Tar Heel State.

Caesars Sportsbook is already live in North Carolina. Both of the states existing retail sportsbooks on tribal land are Caesars operations.

While there could be up to a dozen sportsbooks welcomed into the Tar Heel State, the most likely candidates come from some of the biggest names. Caesars is likely to build on its current retail presence, with power couple FanDuel and DraftKings also firmly in the frame.

The bill passed in 2018 (SB688) creates the possibility of 10 to 12 online sportsbooks opening in the Tar Heels State.

Using other legalized states as guidance as to how sports betting has proceeded in for online sportsbooks elsewhere, below is a list of the likeliest to launch in North Carolina:

Caesars: Caesars Sportsbook is already live in North Carolina. Both of the states existing retail sportsbooks on tribal land are Caesars operations.

BetMGM: BetMGM has big pulling power across the country. Already operating in neighboring Tennessee and Virginia, BetMGM is likely the sportsbook of choice for a large percentage of Tar Heel State residents and visitors already.

DraftKings: DraftKings is already present in North Carolina as a daily fantasy sports provider and its exceptional sportsbook offering seems a dead cert if NC opens up. In fact, there are very few sports betting states in which DraftKings is not part of the market, given its universal popularity.

FanDuel: Talking of popular, any such move by DraftKings is almost certain to be matched by its DFS competitor. FanDuel is a prime candidate to be part of any online future fort North Carolina sports betting. FanDuel is already active in the Tar Heel State as a major DFS provider and is usually one of the first in the door when a new state opens to online sports betting.

Yes, retail sports betting is legal in the Tar Heel State. Bettors can legally place wagers at two separate Caesars sportsbooks located at tribal casinos.

In April, a survey from WRAL News showed that there is quite a strong will to legalize online sports betting in North Carolina, with 52% of those asked wanting it to happen.

Meanwhile, March Madness may well have had a positive bearing on the proposed bill. Supporters of the SB 688 bill which was passed in August 2021 will have a strong argument for legalization after the state missed out on taxes from legal mobile betting when the University of North Carolinas basketball team made the final.

If passed by the House, SB 688 would tax online betting revenue at 8%. All eyes will turn to the next legislative session which starts May 18 and runs through June 30, 2022. At this point, its still a waiting game for any movement on online sports betting in the North Carolina Assembly.

It didnt take long at all for the North Carolina legislature to recognize the potential revenues involved in legalizing sports betting.

Soon after the landmark repeal of PASPA in 2018, the law was passed to enable the Cherokee tribes two licensed casinos to install retail sportsbooks on their premises.

As well as the Harrahs Cherokee Casino Resort and Harrahs Cherokee Valley River located in the Tar Heel State, a third tribal casino, Catawba Two Kings, is planning to open a sportsbook of its own.

Online sports betting is still a very real possibility in North Carolina as well. The August 21 bill that was passed by the Senate is awaiting committee rulings in the house. These committees can meet again in May 2022 at the earliest.

Given the normally slow pace of legislation, North Carolinians will likely have to wait until 2023 at the earliest to place a legal online sports bet in the state.

The city of Charlotte is the center of pro sports, while the wider state boasts major league representation in four of the USs big five sports. Baseball is the one to let the side down. Unfortunately, there is only one national championship to share between those pro teams, thanks to the Carolina Hurricanes 2006 Stanley Cup triumph.

The true sporting pride of the Tar Heels State are the school whose college teams share the nickname. The University of North Carolina is the seventh most successful American school in NCAA Division 1 terms.

Duke University is also proudly repping on the basketball court with the Blue Devils being the fourth-winningest college basketball program of all-time.

The Panthers are still in their relative infancy for an NFL franchise, having only formed in 1995. In just their second season at footballs highest table, they got to within a game of the Super Bowl, losing the NFC Championship to eventual champions the Green Bay Packers. Such a positive start to life under coach Dom Capers was subsequently backed up by the next two men at the helm.

Both John Fox and his replacement, Ron Rivera, would take the Panthers to the Super Bowl in their respective stints. Fox presided over an agonizing 32-29 loss against the New England Patriots at Super Bowl XXXVIII in 2003, while Riveras Cam Newton-inspired charges came up against a defensively robust Denver Broncos in Super Bowl 50.

Newton cemented his reputation as one of the great rushing quarterbacks while plying his trade at the Bank of America Stadium. He remains the NFLs leading QB in rushing touchdowns and second overall in rushing yards.

A single wildcard post-season appearance since the 2015 Super Bowl represents a big downturn in fortunes for the Carolina franchise, whose fans will be hoping the 2022 Draft can swing the pendulum.

With a Stanley Cup win under the franchises belt, the Hurricanes could arguably claim to be the pride of the Tar Heel States pro sports teams.

The franchise spent a couple of decades in the colder climes of Connecticut before heading south to its current home in Raleigh, North Carolina in 1997.

Having rebranded as the Hurricanes (previously the Hartford Whalers) the team hit the ice running in their new PNC Arena home. A few years later in 2002, a deep run into the postseason saw the Hurricanes hit the national headlines for the first time, though faced with the Toronto Maple Leafs in the Eastern Conference finals, few gave them a realistic chance.

Six games later the Hurricanes had defied the odds and were into the Stanley Cup finals, facing the Detroit Redwings. Although they forged a 1-0 lead, it wasnt to be, with the Redwings proving too strong as they roared back to win the next four.

Still, this experience was to stand the franchise in great stead when they forged their second chance at the big one in 2006. Once again defying the odds, the Canes turned in the best season in the franchises 34-year history, finishing the regular season with a 52-22-8 record.

This catapulted them into the postseason where they eventually faced down the Edmonton Oilers in one of the most thrilling and at controversial seven-game Stanley Cup wins of modern times.

The franchise may have switched names, ownership, and locations before settling back in North Carolina, but one thing has stayed consistent.

Sadly, for Hornets fans, thats an unwanted form of consistency. The franchise has not even made it as far as the conference finals since forming back in 1988. Out of the 30 NBA franchises, they rank 26th for wins-loss record overall in the league.

There have been some better periods than others and the 90s into the turn of the century must be regarded as the golden era in effect. There were regular playoff appearances, albeit the ceiling of achievement remained at the Conference semi-finals stage, as it still does to this day.

Not even the high-profile ownership of one Michael Jordan, who acquired majority ownership in 2010, has proved the catalyst to greater things for the North Carolina men.

2016 was the last time any postseason hoops were played at the Spectrum Center.

Having only formed in 2019, Charlottes freshest major league representative is too early in its lifespan to pass judgment.

However, in their inaugural campaign, the signs are already looking promising with Charlotte FC sitting one place off the playoffs with nine games played and a just one defeat on their record.

Of the hundreds of schools across the country, not many can rival the University of North Carolina for the strength and history of its athletics program.

Over the years, UNC and their Tar Heels teams have become one of the benchmarks for sporting achievement.

With widespread NCAA Division 1 representation in the major sports, only six schools sit above the University of North Carolina in the table of national championships.

Just this year, they made it all the way to the National Championship game at March Madness, only to lose narrowly to Kansas.

Although the University of North Carolina has set such a high bar for success, there are some other schools in the state vying for the top prizes.

Second to UNC in athletics status are the various teams of Duke University, with particular emphasis on their basketball teams.

The mens team is fourth all-time in wins across the NCAA Division 1. A huge part of that success is owed to one man, and one of the best coaches in history.

Mike Krzyzewski, more affectionately referred to as Coach K, served as the head coach at Duke University from 1980 to 2022. Over that time, he led the Blue Devils to five national titles, 13 Final Fours, 15 ACC tournament championships, and 13 ACC regular-season titles.

Just this season, Coach Ks swansong, saw the Blue Devils come so close to making that six by reaching the Final Four at March Madness.

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North Carolina sports betting: Retail live, online on the way - New York Post