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Category Archives: Sports Betting
Suns vs Jazz Odds and Predictions – Sports Betting Dime
Posted: January 24, 2022 at 9:59 am
Jan 20, 2022; Dallas, Texas, USA; Phoenix Suns guard Devin Booker (1) reacts during the first half against the Dallas Mavericks during the first half at American Airlines Center. Mandatory Credit: Kevin Jairaj-USA TODAY Sports
There have been two constants this NBA season. Players getting ruled out thanks to COVID, and the Phoenix Suns piling up lengthy winnings streaks.
They won 18 in a row from October 30th to December 2nd, and then five straight before Christmas. Following their latest victory, theyve now reeled off six consecutive victories, and will look to extend this latest streak on Monday (January 24th) against Utah.
Odds as of Jan 23rd at BetMGM.
The Suns opened up as a 7.5-point favorite in a contest that features a total of 222.5. Tip-off is scheduled for 9:00 pm ET at the Footprint Center in Phoenix, Arizona, with each team missing key contributors due to injury.
As a -303 favorite, Phoenix has a 75.19% implied win probability compared to just 29.41% for Utah at +240.
The Suns took down Indiana 113-103 on Saturday night, but the win came at a cost. Both starting forward Jae Crowder and back-up guard Cam Payne left the game with wrist injuries, and have already been ruled out for Mondays contest versus the Jazz.
Phoenix has already been playing without starting center Deandre Ayton for the past three games with an ankle injury, and hes doubtful to suit up against Utah.
With their roster depleted and Devin Booker struggling, Mikal Bridges paced the offense versus the Pacers with a season-high 23 points. Bismack Biyombo, whos logging heavy minutes in Aytons absence, matched a career-high with 21 points, while also grabbing 13 boards.
Chris Paul meanwhile, added 18 points and 16 assists, as the team shot 49% in spite of Bookers off night. The Suns leading scorer managed just 11 points on 5-of-23 shooting.
The victory improved Phoenix to an NBA-best 36-9, and helped the Suns match their best start in franchise history. The Suns currently have the second-best NBA title odds among Western Conference teams at +800. Only Golden State (+460) is shorter.
The Jazz were in action on Sunday night in Golden State, looking for just their third win in their past nine outings. Utah did pick up a victory in their previous game prior to its tilt with the Warriors, taking out Detroit 111-101.
Rudy Gobert put up a monster stat line of 24 points, 13 rebounds, and 4 blocks, while Bojan Bogdanovic added 23, and Jordan Clarkson splashed 20. The Jazz shot 45.6% from the field, but the game was won down low. Utah outscored the Pistons 50-34, led in large part by Goberts efforts.
The Jazz were without leading scorer Donovan Mitchell against Detroit, as they were on Sunday versus Golden State. Mitchell is dealing with the aftermath of a concussion he suffered last Monday, and didnt even accompany Utah on its current road trip. Entering Sunday, the Jazz were 4-2 without Mitchell in the lineup this season, but average 3 fewer points compared to when hes on the floor.
Each of Utahs latest two contests minus Mitchell have failed to hit the total, while the under has hit in 26 of their 46 games overall. Offense will be tough to come by on Monday, as Phoenix ranks second in defensive rating, and fourth in scoring defense.
The Suns defensive prowess has led to the bulk of their games falling short of the number, especially recently. The under has hit in five of their last six, and eight of their past 12 outings.
With Utah missing its leading scorer, and Phoenix missing two starters and a key rotation piece, this game has a strong chance to underwhelm in the boxscore. While the Arizona bettors public may be tempted to take the Suns, take the under.
Pick: Under 222.5 (-110)
NFL NBA MLB NHL Golf Sport Writer & Editor
Chris began his career at Hockey Night in Canada over 15 years ago. He has since worked at TSN for over 12 years as a writer, line-up producer, field producer, newsroom supervisor for Sportscentre, and presently as a promotions producer.
NFL NBA MLB NHL Golf
Chris began his career at Hockey Night in Canada over 15 years ago. He has since worked at TSN for over 12 years as a writer, line-up producer, field producer, newsroom supervisor for Sportscentre, and presently as a promotions producer.
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What You Need To Know About Sports Betting Laws In WA – The Daily Collegian Online
Posted: January 21, 2022 at 11:50 pm
So how does sports betting actually work? Sports betting is one of the most rapidly expanding entertainment industries on the planet. The act of wagering on the results of a sports game is known as sports betting. The consequence could be easy, like which team will win the game, or it can be much more complex, namely by how many goals a team will score.
In todays fiercely competitive sportsbook industry, there are a variety of betting scenarios accessible, and knowing which bets fulfill which aims is a good way to increase your chances of winning. There are various ways to make money gambling on athletic games, ranging from sharp spread wagers to speculative wagers.
Over a year ago, in March, Governor Jay Inslee actually signed it into law, legalizing sports betting and casinos in Washington, DC. Only in-person and digital online gambling on local casino grounds is permissible under the new gambling permit that was authorized in 2021. In Washington, there is no national mobile sports gambling, and it is unclear whether this will ever change. Even though sports betting and in-live casinos are permissible in Washington, there have unfortunately come to a lot of limits with this new law. The law states that all bets have to be placed and accepted by the local casinos and that is only if the client is physically present at the casino. This means that in-app sports betting is only allowed if you are placing a bet on a local sports team and so far, nobody seemed to have made any real effort to compel this law. Who knows if they ever will?
Currently, about 20 local casinos have been approved so far. In 2021, Washington State became the first legislature to allow a new sports wagering law. Most sports wagering state regulations are contained in the Gambling Act, which also includes extra money trafficking and sport authenticity requirements to protect betting and sporting events taking place in the state and across the continent. We came across an informative source that outlines the best online sports betting sites in Washington, which take bets from Washington residents, a how-to guide for starting real-money wagers, and a comprehensive breakdown of legal gambling alternatives in The Evergreen State. Includes rankings and reviews.
Washington has become one of the only states in the globe that have very tight, limited restrictions on their residents regarding sports betting as well as casinos. If you live in Washington and are thinking about establishing a casino, well... you are definitely in for a long ride. For starters, you have whats called an Internal fee of about 70,000 euro that covers the casino management service, you will have integrity monitoring, storage of data for sports gambling, and last but not least, geofence and geolocation monitoring and much, much more.
SportsBetting AG is a leading online sportsbook site that is consistently recognized among the top businesses that are recommended year after year. Their online sportsbook services are available in every state in the United States. This casino offers game lines such as point spreads, betting line odds, as well as prop bets, wagers, and other betting choices for many major professionals, schools, and even recreational sports such as the WNBA, NHL, and many others.
Whenever line hunting for your next legally available sports wager, we recommend checking out the BetUS sportsbook, which offers chances on all major events taking place around the world and allows players aged 18 and above to join. BetUS intends to use bitcoin as a form of payment - which is quite rare to find when looking at other sportsbooks. While they, unfortunately, do not provide the same wide range of options as other online sportsbooks in each of their respective divisions, they do offer a broad array of betting odds and continually provide the best value for your money.
Launched in 2010, Bovada has become an extremely independent and successful sportsbook. Bovada provides excellent customer service as well as gambling lines on the most popular sports throughout the entire globe. Bovada provides insurance for the most prominent collegiate and pro sports throughout the world. The Prop Builder at Bovada gives players hundreds of alternatives for each and every wager, and the live bet converter also shows you just how much you stand to earn on all of your selections.
To summarize, even though sports gambling and in-live casinos are authorized and completely legal, Washington may not be the greatest place to visit if you are a gambling connoisseur. There are better places you can visit if you want to visit beautiful casinos and place your wagers on the best sports team like India, known for its top-rated casinos and its best sportsbooks.
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What You Need To Know About Sports Betting Laws In WA - The Daily Collegian Online
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Mobile sports betting expected to soar ahead of NFL divisional playoffs – RochesterFirst
Posted: at 11:49 pm
ROCHESTER, N.Y. (WROC) Put your money where your mouth isor maybe where your phone is.Now that mobile sports betting is live in New York State, locals are prepping their bets for the Bills divisional playoff game this weekend.
Christian Damico said hes putting everything on our hometown team.
Really excited for the Bills game, I think were going to beat the chiefs. I went to Kansas City last year for the AFC Championship game so I know how its going to be there this weekend and its going to be a good game, Damico said.
The Governors 2023 state budget briefing book revealed $150 million was bet on sports during the first weekend that mobile sports betting went live two weekends ago. Just this week it was reported that New York is likely to surpass New Jersey for the top spot in the national mobile sports betting market. This is according to a company that most of the legal sports betting industry uses to verify their customers are where they say they are.
They are constantly asking for the Wi-Fi password. You have to be in a location in New York to be able to place the bets on the app. Some out of towners, their phones wont work because they have to be logged in to a Wi-Fi network to place a bet, said pub owner, Tom OCallaghan.
OCallaghans Pub on Monroe Avenue has adjusted some of the offerings at the bar to meet the needs of those who are betting this weekend.
We have video billboards that will show the odds of all the games, both college and professional that will just stream throughout the bar on two different TVs. Anyone looking for their odds can check the boards right there or go right to their apps, OCallaghan said.
Online sports betting was originally legalized in New York as its expected to bring in big money for the state.Lawmakers said they anticipate the industry can generate around $500 million in tax revenue.DraftKings was one of the first sports betting companies to be legalized in New York. Johnny Avello is the Director of Race & Sports Operations for DraftKings and said mobile sports betting being legalized in New York State is a huge win.
The bets that came in from New York were astounding, just huge numbers. New York was right there at the top of our betting numbers. We knew that New Yorkers like to gamble and they sure showed it over that weekend, Avello said, And when we do get to Sunday, the bills arent the first game either. Thats the last game of the divisional playoffs. For us at DraftKings, a lot of things will be tying into that game and I know that the bills fans are excited and theyre going to be betting their team and all the props we have to offer.
If you plan on stopping by OCallaghans Pub this weekend to watch the game or place some bets, be sure to buy a drink or two.
Were giving away some Josh Allen jerseys, some memorabilia, jackets, and a ton of bills cozies, OCallaghan said, All you have to do is come in and buy a beer, we enter you to win just by spending money here.
The bills game starts at 6:30 pm on Sunday. The only place you can watch it is on WROC-TV.
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Mobile sports betting expected to soar ahead of NFL divisional playoffs - RochesterFirst
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Penn Interactive expands its sports betting app, and changes company culture along the way – Technical.ly
Posted: at 11:49 pm
When Allison Saillard joined Penn Interactive as a senior project manager, she knew she was taking a gamble.
Headquartered in Center City West, Philadelphia, but with a hybrid remote culture of over 350 employees, the interactive gaming company has made its name in the sports betting and online gambling space something Saillard knew very little about.
The industry I was working in before was very female-dominated, Saillard said. At Penn Interactive, its not just the technology, but the industry of sports betting and casino that is dominated by men.
Working in compliance and project management, this growing group of women at Penn Interactive have helped launch its app in 11 states in a little over a year, including seven in the past three months alone.
Allison Saillard. (Courtesy photo)
Because each state has different laws pertaining to gambling, understanding and launching a gambling app across the country comes with its own particular set of challenges. The app is slightly different from one state to another, and without the proper communication between internal and external stakeholders, its a challenge to tailor-make and launch the app across the country. Thats why compliance and project management hires are essential.
Technical Compliance Manager Mary Obusek helps bridge that internal and external communications gap. She communicates externally with state regulatory bodies, taking their feedback and translating it to the internal engineering team.
Oftentimes, Im that conduit or middle person to talk about technical issues to our own internal Penn interactive compliance team and state regulatory bodies who may not understand the technology coming from the engineering side, said Obusek.
Before Technical Project Manager Dara Good joined Penn Interactive, the product, engineering, and compliance teams were disjointed in many ways, attempting to communicate across siloed departments.
Mary Obusek. (Courtesy photo)
I think my role came about here because the company and the engineering team at PI was growing so fast, Good explained. This role came about to facilitate, streamline, and road map work across teams. So I think that this role is pretty pivotal to filling the gaps that no one anticipates happening.
Not only has Penn Interactive launched in many states in the past year, but its also grown its team, creating an opportunity for more voices in the room to help streamline processes and bring a unique perspective to app development.
Obusek may be an admitted sports fanatic, but Good and Saillards backgrounds are far from it. Its that diversity of thought that helps strengthen Penn Interactives growth and process as it expands.
I think we can bring a unique look, whether its from a design perspective, product perspective, or even an engineering perspective on how to fix things and what we do, Obusek said. Online sports betting may skew male, but more women are joining these apps every year (and early research suggests women may even be better at betting). Bringing in different voices in the development phase could also inform the engagement from the end-user.
Penn Interactive encourages a culture of asking questions and learning on the job.
Dara Good. (Courtesy photo)
Culture here at Penn is very open and communicative, Good said. People from all different levels throughout the company are constantly asking questions and encouraging collaboration to the point where no one should feel intimidated to ask questions.
Whats more, Penn Interactives growing team of women in compliance and technical project management are expanding what it means to be a woman in a technical role. Women in tech doesnt just mean a woman programmer. Tech-adjacent roles are equally essential in the process.
Im not a super technical person, but I love technology and I love being around it facilitating it, Saillard said. I want other women to understand that there is a role for them in whatever aspect it is in technology, there is space for us.
Theres the oft-cited statistic that women only apply for jobs when they meet 100% of the qualifications, whereas men apply when they meet just 60%. Just because someone isnt cranking out lines of code doesnt mean there isnt a space for them in a technology role. In fact, Saillard said, her experience has been more about her willingness to learn on the job and ask questions than the skill sets she brought in.
As long as you are willing to learn and willing to understand ways to improve the experience, then you are a great person to have on the team, Good said. Thats something thats been super attractive to me, not only as a female but also as someone who didnt have experience in this industry.
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When Will Online Sports Betting Be Legal in Ohio? – Heavy.com
Posted: at 11:49 pm
(Getty)Joe Burrow and the Cincinnati Bengals face the Tennessee Titans in the NFL Playoffs on Saturday, January 22.
More and more states have legalized online sports betting, with the most recent being New York, which launched FanDuel Sportsbook, among mobile apps for wagering.
Other states have set the wheels in motion to legalize online sports betting in the near future.
And in one particular state, many have been wondering:
When will online sports betting be legal in Ohio?
Per the Ohio Casino Control Commission, sports betting in Ohio has a launch date set for January, 1, 2023, after Gov. Mike DeWine signed House Bill 29, which legalized sports betting throughout the state whether it be online or at a brick and mortar casino. The bill was signed on December 22, 2021.
The Ohio Senate passed HB 29 in June 2021, but like most of the sportsbooks that have been legalized in various states around the country, Ohios delay in passing of the bill centered around issues with the online betting aspect.
That now, of course, has been resolved.
So what are the next steps to getting a live launch for Ohio sports betting?
With the signing of the House Bill 29, sports betting is technically legal in the state of Ohio.
However, online sports betting is not as no app operators have been approved just yet.
Also, while there are 11 operating casinos in Ohio, none of them have sportsbooks. That is likely to change, however, as its expected most of these casinos will apply for sportsbook licenses.
The state will be allowed to start issuing sports betting licenses on April 1.
While January 1, 2023, is the target date, some Ohio lawmakers are hoping to launch sports betting earlier.
We want to get this up and running as soon as possible, but were building a whole new industry, Sen. Kirk Schuring said at the time of the HB 29 signing to The Cincinnati Enquirer. Were hoping it can be done sooner (than January 1, 2023).
There is some work to be done first. Paperwork, choosing which operators will get sportsbooks, and server testing, to name just a few.
The HB 29 calls for as many as 25 online sportsbooks initially. Casinos, sports teams, stadiums, bars, and restaurants can all apply for licenses. And, of course, online apps can apply to be online betting operators, too.
Casinos and sports teams that have initial licenses can apply for a second if they can prove to the Ohio Casino Control Commission (OCCC) that it will benefit the state economically.
It is unknown at this time what sportsbooks will be coming to Ohio, although the FanDuel Sportsbook, an affiliate partner of Heavy, has been operating Daily Fantasy Sports (DFS) in the state for sometime.
It is assumed FanDuel, among other online apps, will make a strong push for an online sports betting license in Ohio as soon as they possibly can.
Create a FanDuel Sportsbook account
While it isnt yet legal to bet sports online in Ohio, the FanDuel Sportsbook is live and legal four of the five states that border it.
Pennsylvania, Michigan, Indiana, and West Virginia all border Ohio and each have already launched the FanDuel Sportsbook.
If youre an Ohio resident and want to place online wagers, you can. You just need to travel to a state that has legalized online sports betting and most of your neighbors have. Simply take a trip over the border to be physically present in one of these four states and youre ready to go.
All you have to do is get a FanDuel Sportsbook account, which takes just a few minutes with a couple of quick steps:
1) Download the app for iOS or Android. You can find those in the App Store (iPhones) or Google Play Store (Androids).
2) Create a FanDuel Sportsbook account.
3) Make your initial deposit of at least $10.
4) Choose the sporting events of your choice and place your bets (there is a $5 minimum bet).
You must be at least 21 years old to make online bets.
Bet with FanDuel Sportsbook
The FanDuel Sportsbook has no shortage of sports to wager on. Theyre currently taking bets on the following sports:
And these are just the sports that are in season. Other sports are available in season. As for the types of bets, again, too many to list.
There are the basic bets, like point spread, moneyline, and total (over/under). Then there are the parlays, teasers, team and player props, in-game bets, and more. The wagers tend to vary from sport to sport.
If you are a resident of Ohio and happen to be in Pennsylvania, Michigan, Indiana, or West Virginia and want to place a bet on an NFL Playoff game, FanDuel Sportsbook has a new user promotion for first-time bettors on the app.
You can bet $5 to win $150 on any of the four divisional games this weekend. Thats 30/1 odds on any of the games.
If your team wins, you get $150 cash, not site credit. This is promo is for new users only.
Claim this offer
This weekends games are (Point Spreads provided by FanDuel):
It sure is. Pennsylvania legalized online sports betting in May 2019.
FanDuel, which has a sportsbook at Valley Forge Casino in King of Prussia, entered the PA online betting scene in July of 2019.
Once youre physically in the state, you can place online sports bets with FanDuel Sportsbook.
Michigan launched in-person betting on March 11, 2020, just days before the casinos were shut down due to the pandemic.
They were quick to roll out online sports betting in January 2021, just in time to take Super Bowl wagers.
FanDuel Sportsbook went live in Michigan on January 22, 2021, so if youre present in the state, you can place sports bets online.
Indiana legalized sports betting in September 2019, with online apps coming into the fray about a month later.
The FanDuel Sportsbook launched in October 26, 2019. So if youre in the Hoosier State and want to place some online sports bets, as long as youre at least 21 years of age, you can legally wager.
Bet online with FanDuel Sportsbook
West Virginia sportsbooks have been accepting in-person wagers since August 2018, with online apps going live a year later.
The FanDuel Sportsbook online app was one of the first to launch, going live in August 2019.
Just as the other states who have legalized online sports betting, in order to do so, you must be physically present in the state and be at least 21 years old.
In addition to Ohios neighbors mentioned earlier Pennsylvania, Michigan, Indiana, and West Virginia there are nine other states who have legalized online sports betting and feature FanDuel as an operator.
Those states include Arizona, Colorado, Connecticut, Illinois, Iowa, New Jersey, New York, Tennessee, and Virginia.
If youre in one of the those states, you can create a FanDuel Sportsbook account and begin placing online bets, just as long as youre 21 years of age or older.
Ohio is one of the most populated states at roughly 11.7 million, 7th-most in the U.S., according to 2021 numbers.
The state also has professional sports teams in the NFL (Cincinnati Bengals, Cleveland Browns), NBA (Cleveland Cavaliers), MLB (Cincinnati Reds, Cleveland Guardians), NHL (Columbus Blue Jackets), and MLS (Columbus Crew, FC Cincinnati). There are also over a dozen major colleges and universities with Division I athletics.
The Ohio Legislative Service Commission estimates sports betting can eventually produce upwards of $3.35 billion in revenue in the state.
For comparison sake, two bordering states with similar populations Pennsylvania (12.8 million) and Illinois (12.6 million) are seeing record-setting numbers.
According to Legal Sports Report, Pennsylvania posted a record $84.9 million in revenue in November 2021, while Illinois set a revenue record of $78.2 million over the same month.
According to an article on SI.com from December 22, 2021:
A 10 percent tax on net revenue will be implemented, with roughly 98 percent of that going toward funding public and private K-12 education and the remaining 2 percent will go toward problem gambling assistance.
As for some geographical tax rate comparisons, Pennsylvania taxes 36 percent for online sports betting, West Virginia, like Ohio will be, is 10 percent, Michigan is 9.65 percent, and Indiana 9.5%.
Newly legalized New York has a 51.5 percent tax rate.
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When Will Online Sports Betting Be Legal in Ohio? - Heavy.com
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PointsBet Named the Official and Exclusive Sports Betting Partner of Troon – PRNewswire
Posted: at 11:49 pm
DENVER andSCOTTSDALE, Ariz., Jan. 21, 2022 /PRNewswire/ --PointsBet, a premier global online gaming operator, today announced a partnership withTroon, the leader in providing golf and club-related leisure and hospitality services.
This strategic partnership, the first of its kind in the industry, makes PointsBet the Official and Exclusive Sports Betting Partner of Troon. Through the agreement, PointsBet receives category exclusivity across Troon's media channels to include digital marketing via web, social, print assets as well as sponsorship of the category leading Troon App.
PointsBetwill have the opportunity toconducthighbrandvisibility actions atparticipating Troon-managed facilities,includingexclusive odds integrations, and will be unveiling exciting golf-centric collaborationsthat will reward PointsBet users with golf opportunities at Troon locations throughout the country.
PointsBet VIP customers will also be able to access hospitality and events at Troon-managed facilities in addition to hosting the soon-to-be-announced PointsBet Cup.
"Between our partnership with NBC Sports, The Golf Channel and PGA TOUR, PointsBet has shown a commitment to the sport of golf through investment of our brand in the space," said Eric Foote, PointsBet Chief Commercial Officer. "As PointsBet continues to amplify its presence in the game, we were looking to partner with an established operator that shares our corporate values and commitment to customers. This partnership with Troon helps take our connection to golfers to the next level, providing us with visibility across Troon's unmatched portfolio of properties and multimedia platforms."
Headquartered in Scottsdale, Arizona, Troon is the world's largest golf management company,with over 630 locations around the globe, including properties located in over 45 states and 30 countries.
"PointsBet is a leader in the online gaming space with innovative technology that helps drive the consumer experience," said Scott Van Newkirk, chief development officer, Troon. "We know many members and guests who enjoy our Troon-managed facilities are passionate about sports and gaming. We're excited to see our partnership with PointsBet grow as gaming opportunities increase across the country."
"It's exciting to see PointsBet develop creative and constructive partnerships with brands that are committed to growing the game and reaching golfers in new and exciting ways," added Notah Begay III, PointsBet Global Golf Ambassador, four-time PGA TOUR winner, and current analyst for NBC. "Thispartnership with Troon makes sense on so many levels, and the benefits will be felt by players and members across their portfolio of properties."
After launching in the United States in New Jersey in January 2019, PointsBet currently operates its sports betting product in Colorado, Illinois, Indiana, Iowa, Michigan, Virginia, and West Virginia, with online casinos in Michigan and New Jersey. The company anticipates beginning operations in Maryland and New York in the near future.
Troon is alsoa preferredpartnerwithNBC Sports Next and its leading golf technology and services brands.
NBC Sports is the Official Sports Betting Partner of PointsBet and utilizes the media giant's premium television and digital assets to promote the brand, including exclusive multiplatform gameday integrations and broadcast interviews.
About PointsBetPointsBet is a corporate bookmaker listed on the Australian Stock Exchange with operations in Australia, the United States, Canada and Ireland. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients innovative sports and racing wagering products, advance deposit wagering on racing (ADW) and iGaming.
About TroonHeadquartered in Scottsdale, Ariz., Troon is the world's largest golf management company providing services at 630-plus locations around the globe, including managing 650-plus 18-hole equivalent golf courses. In addition to golf, Troon specializes in homeowner association management, private residence clubs, estate management and associated hospitality venues. Troon's award-winning food and beverage division operates and manages 615-plus food and beverage operations located at golf resorts, private clubs, daily fee golf courses and recreational facilities. With properties located in 45-plus states and 30-plus countries, Troon's family of brands includes Troon Golf, Troon Priv, Troon International, Indigo Sports, CADDIEMASTER, True Club Solutions, Cliff Drysdale Tennis, Peter Burwash International, Casa Verde Golf, and RealFood Hospitality, Strategy and Design. For additional news and information, visit http://www.Troon.com.
Media ContactsJeff Altstadter, PointsBet, Director of Publicity, [emailprotected]Rob Myers, Troon, [emailprotected]
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PointsBet Named the Official and Exclusive Sports Betting Partner of Troon - PRNewswire
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Mobile sports betting off to a hot start in NY weeks after launching – News 12 Connecticut
Posted: at 11:49 pm
Jan 22, 2022, 4:13amUpdated 35m ago
By: News 12 Staff
Mobile sports betting has been off to a hot start in New York two weeks after it launched.
New York sportsbooks took in $150 million in bets during the first weekend alone of legalized mobile sports betting, according to the state Gaming Commission.
Ricky Saldana is a lifelong sports bettor and wasted no time placing bets the day New York legalized mobile sports gaming.
"I'm just happy that I can be in my living room and just doing it from my phone," says Saldana.
He's one of the nearly 900,000 New Yorkers to place a bet in the first two weeks since it was legalized, according to the state.
"I love sports but the regular season is kind of boring, so this brings excitement to the regular season," says Saldana.
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Mobile sports betting off to a hot start in NY weeks after launching - News 12 Connecticut
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Michigan Online Sports Betting Hits One-Year Anniversary: $3.6 Billion Wagered – GamingTodaySlotsToday
Posted: at 11:49 pm
Michigan online sports betting launched on January 22, 2021. Now that weve gone once around the sun since it became legal to bet on sports online in Michigan, lets take a look at what its meant for the state and what the future holds.
By all measures, Michigan has been a success for an industry thats rapidly expanding and also finding its legs. When it launched, Michigan was the third-most populous state to offer mobile sports betting (based on citizens 21 years or older).
After a year that saw more than three billion in sports betting handle, Michigan moves into year two with a full steam of momentum. An even better 2022 is likely, but there are ways to improve online sports betting for Michigan citizens.
As state Representative in Michigan from 2015 to 2020, Brandt Iden worked on sports betting legislation that eventually became the bill signed by Gov. Gretchen Whitmer in December of 2019. Hes proud of the efforts to launch online sports betting in Michigan, and he sees legalization primarily as a consumer safety issue.
The biggest reason we wanted an online sports betting bill to be passed in Michigan was to safeguard citizens, Iden told Gaming Today in an interview. The revenue is nice, but most importantly, with unregulated offshore betting options out there, we wanted to protect consumers in Michigan.
This is a low-margin industry, Iden says, so primarily for Michigan our concerns were with regulation.
Thanks to the careful manner in which Michigan legislators and state officials handled their rollout of sports betting, Michigan has become a template for others.
Other states have adopted what has become known as The Michigan Model for their sports betting, Iden says. Both Arizona and Connecticutadopted many of the facets of sports betting law that Michigan pioneered, especially in regards to working with tribal governments.
The Michigan Model can be classified as careful legislation, consumer protection, and a fair tax rate and low license fee (just $150,000 for commercial operators). The approach allows sportsbooks to make a profit, while still guaranteeing a healthy market and tax revenue for the state and cities (Detroit taxes its three casinos involved in sports betting). Michigan also laid out the welcome mat to online casinos and online poker operators, an olive branch to those niche industries that have been popular with Michiganders. The state also allows betting on in-state collegiate athletics, something not every jurisdiction has been willing to do.
In his current position as Head of Government Affairs for Sportradar (a licensed supplier of sports betting data that operates in several states across the country), Iden sees Michigan as a success story, but theres still room for improvement.
Theres more that the state could do for problem gambling, Iden explained. Id like to see Michigan implement a Gambling Addiction Court, similar to what we see in Nevada.
Michigan has drug courts, so why not a court to assist people who have an addiction to gambling or encounter financial problems due to a gambling problem?
Michigans decision to keep the tax rate on online sports betting relatively modest has led to smaller tax revenue than some states that have taken an axe to sportsbook operators. Operators in Michigan pay a 9.65% tax rate on adjusted gross sports betting receipts.
The Michigan Gaming Control Board was authorized to license 15 operators for online sports betting. As of January 2022, there are 14 active, including industry leaders BetMGM, Caesars, DraftKings, FanDuel, BetRivers, and PointsBet.
Heres a month-by-month look at sports betting handle, hold (the amount the sportsbooks won), and tax revenue generated by the industry.
While more than $3.6 billion in sports bets were placed in the state in 2021, only $7.2 million was paid to the State Treasury in taxes from online sports betting last year. Thats a small amount compared to taxes brought in from other activities.
In contrast to online sports betting, online casino games like poker and slots paid $201.7 million in taxes to the State of Michigan Treasury last year, and an additional $55.4 million to the City of Detroit.
Also, more than $40 million in taxes were generated from hunting licenses in Michigan.
The bulk of tax revenue from online sports betting in Michigan is earmarked for K-12 education programs and problem gambling resources. As the states sports betting market matures and sportsbooks temper bonuses designed to lure new customers, that revenue should swell.
But the economic benefits are more than just tax revenue. Jobs have been created, and while its difficult to nail down how many new jobs are in Michigan since January of 2021 from sports betting, those new payroll taxes must be added to taxes on sports betting winnings to get closer to the industrys economic impact on the state.
The process phase in Michigan, in which state regulators debated and implemented the rules for governing online sports betting, coincided with the unwelcome arrival of COVID-19. As a result, many tribal casinos in Michigan that partnered with sportsbooks faced a challenging economic period in 2020 and into 2021.
While the state determined the best way to launch and monitor sports betting, casinos closed for months across Michigan due to the rapid spread of COVID-19. Online sports betting (and the allowance for online registration) provided a path to revenue that didnt require folks to leave their homes.
As sovereign nations, licensed tribes are free to allow on-reservation retail and mobile/online sports betting. But in a wrinkle, Michigan tribes are permitted to provide statewide mobile sports betting beyond tribal lands. That type of betting, typically done in conjunction with a commercial sportsbook partner, is regulated under Michigan law.
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Better Collective to provide New York Post with sports betting content amid new market – Yogonet International
Posted: at 11:49 pm
Sports betting media group Better Collective has entered into a commercial partnership with the New York Post to deliver technology and commercial content for online sports wagering through its proprietary sports betting platform Action Network, the business announced on Friday.
Through this newly-signed deal, Better Collective is set to bring the best in commercial sports betting content to the publications readership of more than 92 million unique users, out of which more than 11 come from New York state, which has begun regulating online betting as of earlier this month.
The agreement is for the delivery of content, data, and statistics for the betting section of the New York Post, explains Better Collective in a press statement. It includes the sports betting group delivering its technology and content for wagering to educate and empower the US audience of online bettors and help them navigate in a market that is growing fast.
We believe that educating bettors and iGamers by providing them with relevant information, data and statistics will enhance their betting experience, said Marc Pedersen, CEO Better Collective US. The partnership with the New York Post is the biggest media partnership agreement to date for Better Collective. It will allow us to reach a very large number of potential users and we are excited to partner with the New York Post to provide betting and iGaming information to a growing audience.
Better Collective describes the US market as a key one for its operations, especially given its ongoing growth, with more and more federal states now open for regulated online betting and iGaming. The company has a set of established sports betting brands in the country, including the most recent acquisition of US sports media platform Action Network, in 2021.
Plans of expansion have led the Denmark-based company to expand to the recently opened New York state, where Better Collective is off to a great start with the current five operators that have already launched their offerings there, and the expected entry of an additional four operators as soon as they meet regulatory requirements.
Having entered the market -expected to become one of the US biggest, if not the largest- and signed deals with its operators is seen as a landmark achievement by the company. It underlines Better Collectives strong position in the US mobile sports betting market, which is now further strengthened by the newly-announced media partnership.
"The New York mobile launch was the biggest weekend in Action Network history, Patrick Keane, CEO of Action Network. We look forward to providing our unique sports betting insights, data and content to the New York Post readers as they decide on placing wagers with sportsbooks."
According to provider of regulatory intelligence for the gaming industry Vixio, the US sports betting market is expected to grow from a Gross Gaming Revenue of about $2.5 billion in 2021 to nearly $5.8 billion by 2023, while by 2030 it is expected to exceed $40 billion GGR.
This expected exponential growth presents an opportunity for Better Collective. By 2022, the company expects that its revenue from the US will exceed $100 million. With the continued regulation of states and the addition of new operators, it expects growth to continue for years to come.
The commercial relationship with the New York Post is set to provide Better Collective and Action Network with an additional marketing channel to operate, market and manage customer contacts to the betting operators within the country.
The company entered its first media partnerships in 2019, and has since refined the concept to reach breakthroughs in performance, as well as the addition of three new partnerships last year. In the case of this new one, the details of the financial terms are to remain undisclosed, states the company, and Better Collective will be responsible for the monetization of the joint business and will hold and own accounts with the betting operators.
We are looking forward to bringing better sports betting content and utility to the best sports fans to continue our commitment to deliver unrivaled sports coverage, said Brad Elders, COO of the New York Post. Better Collectives innovative tools and informative content will provide our fans with the best resources to navigate sports betting with ease.
The partnership agreement is expected to be operational from January 21, 2022. The financial impact will be included in the financial targets for 2022 that will be published in connection with the companys Full Year Report for 2021, according to a press statement.
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How to Bet the Buccaneers in Florida | FL Sports Betting Offers – The Sports Daily
Posted: at 11:49 pm
Not only are the Tampa Bay Buccaneers back in the NFL Playoffs, but they also got a win!While Florida sports betting is not yet legalized, that doesnt mean youre unable to bet on the Buccaneers this weekend! There are many great online sportsbooks that sports bettors in Florida can use to bet on the Buccaneers.
Lets go over how to be on the Buccaneers in Florida for their Divisional Round matchup against the Los Angeles Rams. More importantly, lets go over how to claim these Florida sports betting offers for the NFL Playoffs.
Claiming the NFL betting offers is a simple process, which we have laid out below.
If youre wondering how to bet the Buccaneers in Florida and claim the most NFL betting offers possible, BetUS is the bookie for you. BetUS is giving new users a 125% deposit match up to $3125 in free bets! The bets are split up to $2500 for sports and another $625 for casino. Use the link below to get started today and claim your free money.
New members only. $100 min deposit. Receive a 125% deposit match up to $3125 in free bets from BetUS, split between $2500 for sports and $625 for casino. Gamble responsibly. | 18+ T&C apply
One bookie who you should take advantage of for Rams vs Buccaneers free bets is BetOnline. New users will be given a risk-free bet up to $50 when placed on their smartphone or tablet. If your Divisional Round bet wins, congrats you are already scoring a profit from mobile betting. If your bet loses, theyll reimburse your bet with up to a $50 free play.
New members only. $55 min deposit. Receive a risk-free bet up to $50 on their first-ever mobile bet, meaning it was placed on a smartphone or tablet.Please see BetOnlines General Rules for additional terms and conditions regarding bonuses. Bet Responsibly. BeGambleAware.org. 18+.
If youre looking to maximize your Rams vs Buccaneers free bets for the Divisional Round, you will not want to pass up MyBookie. New users of MyBookie will have their initial deposit doubled, giving you up to $1000 in free bets by using the link below.
New members only. $50 min deposit. Receive a 100% deposit match up to $1000 in free bets from MyBookie. Gamble responsibly. | 18+ T&C apply
For those looking to use their crypto wallet to deposit funds, the promotion from Bovada is one you will want to take advantage of. Those looking to claim NFL betting offers on Bovada for the Divisional Round will get a bonus of 75% on their deposit using Bitcoin or Bitcoin Cash. Simply sign up using the link below.
Bonus can be claimed only once per user on only on their first deposit of min $20, using Bitcoin or Bitcoin Cash. Bovada matches 75% of the first deposit of this method up to $750. You can use the free bets on sport, wager type and odds. Gamble responsibly. | 18+ T&C apply
Whether it's the Bucks winning the NBA Finals or the Badgers screwing themselves every single year, Zach is a Wisconsin sports fan through and through. He has been working in the sports betting and fantasy sports industries for nearly a decade, and he's always down to talk about either.
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How to Bet the Buccaneers in Florida | FL Sports Betting Offers - The Sports Daily
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