Page 60«..1020..59606162..»

Category Archives: Sports Betting

Endeavor is buying into sports betting, and the stock is winning – MarketWatch

Posted: September 27, 2021 at 5:20 pm

Endeavor Group Holdings Inc. is doubling down on its sports-gambling bet, and investors seem to like it.

Endeavor EDR, +0.33%, parent company of the William Morris and IMG agencies as well as UFC, announced Monday afternoon that it has agreed to pay $1.2 billion for OpenBet, a division of Scientific Games Corp. SGMS, +2.05% that provides platforms for regulated sports-betting apps. OpenBet customers include DraftKings DKNG, +0.12%, Flutter Entertainment PLCs FLTR, -0.97% FanDuel and Wynn Resorts Ltd.s WYNN, +3.02% WynnBet, Endeavor said. Endeavor already owns IMG ARENA, a service that provides live video streams and some data for sports events, and plans to combine those entities into a single-stream option for sportsbooks and other customers.

OpenBet marks a strategic addition to our sports betting portfolio as we look to round out our technology and product offering for sportsbook operators and sports brands worldwide, Chief Executive Ariel Emanuel said in a statement Monday. The combination of OpenBet and our IMG ARENA business will enable us to expand our footprint across the entire sports betting value chain and further capitalize on the tremendous upside we see coming from this fast-growing global industry.

Endeavor stock jumped nearly 8% higher in after-hours trading following the announcement Monday afternoon. Scientific Games stock also received a boost, gaining more than 5% in the extended session.

Endeavor said it would pay $1 billion in cash for OpenBet, with another $200 million in its own stock. The parties expect the transaction to close in the second quarter of 2022.

Read the original here:

Endeavor is buying into sports betting, and the stock is winning - MarketWatch

Posted in Sports Betting | Comments Off on Endeavor is buying into sports betting, and the stock is winning – MarketWatch

Kansas Sports Betting – Is it Legal? Everything You Need On Kansas Sport – Basketball Insiders

Posted: at 5:20 pm

Sports betting in Kansas is not quite as black and white as one would hope. Theyve been incredibly close to fully opening their doors to betting within the state, but like so many others before them, have had to put all that hard work on hold until 2022 thanks to COVID.

In the meantime, you can legally bet online with any offshore sportsbook that accepts players who reside in Kansas. Weve created this guide to highlight everything you need to know about Kansas sports betting and where you can do it both legally and safely.

Below weve included a list of the top Kansas online sports betting sites. Youre going to get a quick overview of the betting site along with the welcome offer and rating. Keep reading as we dive a little deeper and give you reviews for the top five.

One of the areas that we pride ourselves on at Basketball Insiders is our reviews. Weve created a team that reviews each online sports betting site in Kansas and highlights what we like and dont like.

Weve then ranked the sites in order of our preference, but please remember that you need to take note of the betting site that works best for you. Use our reviews as a guide and then decide which fits your betting needs the most.

Our top pick for sports betting in Kansas has to be that of MyBookie. This is a brand thats going from strength to strength and every time that we seem to do a new review, theyve changed so much.and almost always for the better.

The sportsbook is fully accessible for Kansas residents as an offshore option, meaning you can legally create an account with them. Once your account is open you then get access to an incredible range of promotions, none better than the $1,000 sign-up bonus that you claim with your initial deposit.

One of the (many) reasons why we rate MyBookie as number one is the range of sports on offer. The big guns like basketball, baseball and football are all covered amazingly well, but its the likes of NASCAR, boxing, UFC, Golf and Tennis that really stood out when testing.

To tie it all in, everything from odds to betting lines just simply works. One of the biggest compliments that we can pay them is there are very few negatives, and we can see MyBookie being very hard to beat for a number of years if they keep this sort of form up.

Pros

Cons

Bovada comes in at second on the list and to be honest, theyre as good as MyBookie with very little to separate the two. Weve been big fans of the brand for a while now and theyre about as experienced a sportsbook as youre going to find.

The design of Bovada is one that we love. Its super clean and its almost like a no-nonsense approach to sports betting. We wouldnt insult them by saying its no-frills, but the clean style makes a nice change from most other sportsbooks.

With Bovada you get access to a huge range of sports to bet on. There is more of an international feel here than most, with sports such as cricket, soccer, rugby, snooker and Aussie Rules, all complementing the US base that makes up the majority of markets.

Couple all this with great betting lines, odds and promotions, and its easy to see why Bovada is one of the best Kansas sports betting sites in the state.

Pros

Cons

BetOnline is another stalwart of the betting scene across the US and we are happy to say that they are able to accept players from Kansas.

The sportsbook is huge. They cover a huge number of games from a lot of sports, so like the other two, there is always plenty going on.

For us, the highlight is without doubt the odds. We test all sportsbooks on their odds, simply by taking a group of random bets and then comparing them to see how they get on. No sportsbook came out on top more times than BetOnline from our tests.

Weve been fortunate enough to work with BetOnline and review them previously, and the same instances occurred then as it does now. If you want a sportsbook with the best odds most of the time, then this is the site for you.

Pros

Cons

Sportsbetting.ag was another relatively easy pick for our best Kansas sports betting sites. They do an awful lot well and whilst we realize that this site wont be everyones cup of tea, for the hardy bettors amongst you, youll probably quite like this one.

The first thing youll notice is the range of betting lines to choose from. You get spread bets, money line, total points and team points for almost all NFL, NHL, NBA, MLB matches, along with other popular sports.

We liked the integration of their sports news section, and a lot of the articles are tied to betting, giving up odds and even advice on who to potentially bet on. They also have a decent enough futures betting section, which ties nicely in with a lot of the betting articles focussing on the week ahead.

Pros

Cons

BetUS can be placed just about anywhere on this list. Theyve got one of the best-looking sites for sure and we think that this will tick a lot of boxes for the younger generation of sports bettors.

Its not all style over substance though and the market coverage is one of the best that we have tested. We like that they arent just about US sports and include a ton from around the world, which is great to see.

Finally, BetUS is one of the best when it comes to promotions and offers. Their welcome offer is worth up to $2,000 plus you get a risk-free bet included as well.

Cons

Cons

With so much going on, we wanted to break down the sportsbooks that weve listed above. Below you can see a table with a load of information on things that we think youre going to want to compare. Use the table as best you can to find online sports betting in Kansas.

The cold hard facts are that sports betting is not legal in Kansas. There have been many attempts to get this overturned over the last few years and prior to COVID hitting they were incredibly close to making it one of the now many legal states in the US.

However, like so many of them at the minute, there is very little movement and its likely not something that is going to be passed before 2022. Kansas has seen their Senate pass a bill to allow both retail and mobile sports wagering. However, a committee hearing on this has been adjourned twice because of COVID so nothing has been set.

But there is an option for people in Kansas to bet online and that comes from offshore betting. This is where sportsbooks, like the ones that weve included on this page, will accept players from Kansas since sports betting is not illegal.

Like a lot of US States, sports betting is not illegal on sites that are located outside of Kansas. As long as these sites will accept Kansas players, then it is legal to use them without the worry of prosecution.

Gambling taxes are relatively high in the state and come in no lower than 5% regardless of income or marital status. Casinos have to currently pay at least 27% on profits but this number will likely be adjusted should sport betting be approved.

Tax under the new legislation should it pass has been a hot topic for debate. Initially, this was set to 10% for online sports betting, but the house was pushing for 20%.

Sports betting in Kansas allows you to bet on any and every sport in the world. The only limitation on what you can bet on will be the Kansas sports betting site that you choose to bet with.

Some of the most popular sports are that of American football, basketball, baseball, ice hockey, soccer, tennis NASCAR and boxing.

Horse racing is usually a separate entity from that of most main sportsbooks. Of course, you can bet on this as well, but you will likely need to access a dedicated section of the sportsbook to do so.

eSports betting is taking off around the US and youre going to be able to get access to a huge range of games and markets. The biggest games are League of Legends, Counter-Strike and more recently, Fortnite.

Most sportsbooks are cashing in on the popularity of these games and in turn, are offering massive coverage for tournaments all over the world. The majority of Kansas sports betting sites will have access to this and you should be looking to take advantage of these betting opportunities.

Youre going to enjoy a lot of betting markets from the sportsbooks that weve outlined on this page. These include:

Bonuses are one of the most important things to consider when you choose a new sportsbook. All bonuses come with a range of Ts and Cs attached which makes some more lucrative than others.

Matched deposit bonuses are the most common and for this, the sportsbook will match your initial deposit in the form of a bonus. An example of this would be the welcome offer from MyBookie where they will match your first deposit 100% up to $1,000.

Free bets are another common bonus and for this, the sportsbook will allow you to have a bet at their expense. Its unusual that they just give these away, so you usually must make a deposit and place a bet before they will give you a free bet to use.

No deposit bets are where the sportsbook will give you money for free. You read that right, just for signing up they will apply bonus money into your account without having to deposit any cash. Its worth noting that these are very rare but highly lucrative, so if you do come across an offer like this, snap it up.

Mobile betting is going to be an option for you when sports betting in Kansas. In fact, all the sportsbooks that weve recommended on this page include brilliant mobile betting options.

Some of the apps will need to be downloaded directly from your respected app store, however, not all of them are on there. To get access aside from the app store simply, visit the sportsbook in your mobile browser and you will be redirected to where you need to be.

Youre going to get access to both live betting and live streaming in Kansas, although the latter is quite rare. For streaming, youre going to be looking at the likes of horse racing for the most part as none of the options that we recommend can live stream other sports.

Live betting on the other hand is much more accessible. This is where youre going to make good money if youre able to spot trends in games and then reacting within the live betting market.

We spend an awful lot of time reviewing Kansas sports betting sites. As part of our review process, we have wats that we review each sportsbook, and this allows us to compare them before finally getting results. Below are some of the criteria that we use.

Market coverage is very important as this offers depth for the sportsbook. We include looking at the number of sports on offer as well as the number of markets that you can bet on to be included with this.

Bovada is probably the best in the business when it comes to the range of markets. They have more than most sportsbooks and also cover more sports than most as well.

Bonuses are one of the main reasons that we encourage people to choose a certain sportsbook. Some can be highly lucrative and have thousands of dollars at stake to add to your bankroll.

The best offer at the minute has to be that of MyBookie, with up to $1,000 in bonus cash up for grabs linked to your first deposit at the sportsbook.

Getting money safely in and out of the sportsbook is imperative. We look to see which sportsbooks are offering the best range of banking options and who are thinking outside of the box, with the likes of Bitcoin and mobile payment methods such as Apple Pay and Google Pay.

All the sportsbooks that we cover on this page are fully licensed and they have incredibly high security as a result. We conduct our own tests, but most licenses will only be distributed to sites that have gone through rigorous testing for security and safety.

Casino falls under the same banner as sports in that it is not illegal to play casino games. The requirements are that you need to do this on sites that are based offshore and accept players who reside in Kansas.

Most of the sportsbooks that weve spoken about and reviewed on this page include an online casino of sorts. You will be able to access this once you have created your account and logged in.

Kansas includes a number of land-based gambling activities throughout the state. Below weve listed what is currently accessible within each gambling sector.

Kansas has a thriving land-based casino sector. The casinos are widely regarded as some of the best in the country and many people flock from neighbouring states just to use them.

There used only be tribal-run casinos, but in 2007 the government authorizes 4 private casinos to be built in plots operated within the state. In total, there are now 9 casinos in the following locations:

Horse racing is a much-loved sport in Kansas. There are three tracks that are currently active within the state and at each, you are able to place trackside bets. Horse racing betting is not linked to online sports betting, so the legislation that allows this is different.

The three horse racing tracks are:

Daily Fantasy Sports is in fact legal in the state of Kansas. Its been legal since May 2015 and players are able to sign up with sites that are both based offshore and any that are based within the state of Kansas.

The reason behind the rules being different here is that by federal law they do not see DFS as being gambling and instead requires skill to be good at it.

Horse racing betting in Kansas is one of the few things that are legal within the state. There arent any tracks open at the time of writing, but you can access sites that host horse racing betting, which is one of the main reasons why most of the sportsbooks on this page have separate sections altogether for horse racing.

Sports betting in Kansas is likely going to be approved in the not-too-distant future. COVID has done passing the bill no favours, but given how close they were to get it through the first time, it shouldnt create too many stumbling blocks this time around.

For the time being, players in Kansas are still able to enjoy online betting sites which are based offshore. This is by no means illegal as long as the betting site accepts players from the state. The relaxation of online gambling in the state is likely going to be huge and we would expect to see the state thrive within the sector once the doors open.

Is online sports betting legal in Kansas?

It is not legal, but you are able to access sports betting sites that are based offshore. There is no illegality over betting on sites that are not based in Kansas or other banned states within the US.

What is the legal gambling age in Kansas?

You need to be 18 to bet on the lottery and 21 or over to bet on things like online casinos, sports betting, and horse racing.

Is mobile sports betting available in Kansas?

Yes, you can access mobile sports betting options for sites that are based offshore and accepting players who are based in Kansas.

Where can I bet on sports in Kansas?

There are plenty of sportsbooks that will accept players from Kansas. Our top-rated include MyBookie, Bovada and BetOnline.

Follow this link:

Kansas Sports Betting - Is it Legal? Everything You Need On Kansas Sport - Basketball Insiders

Posted in Sports Betting | Comments Off on Kansas Sports Betting – Is it Legal? Everything You Need On Kansas Sport – Basketball Insiders

Specific sports betting rules that bettors have to be aware of – The Jerusalem Post

Posted: at 5:20 pm

Despite the fact that online casinos are growing in popularity every day, many people still prefer to bet on sports. As a result, most gambling websites that offer casino games also have fully-fledged sportsbooks. Unlike the casinos, where operators can be more innovative, there arent that many game-changing things that companies can invent when it comes down to bookmakers. Thats why most operators focus on providing their clients with more features and bonuses.

Speaking of the devil, there are different kinds of sports promotions that customers may have the chance to test. Despite the fact that every brand has unique sports proposals, some of them have similar conditions, which we will take a look at in this review.

Some sports bonuses do not work for every sport

Most punters wont have problems because they were going to bet on these sports anyway. However, clients who are interested in other options wont be able to take advantage of the bonuses and the things they offer.

The minimum odds

Another common sports promo condition many players have to deal with is related to the minimum odds they have to bet on. Regardless of whether they use Fractional, Decimal, American, or any other available odds formats, every market offers specific odds that customers can bet on. Typically, the lower the odds, the more likely it is to predict the specific option.

In order to prevent their clients from wagering only on lower odds, some of the big names in the gambling business decided to add a minimum odds limit. Thats why punters shouldnt be surprised when they start using the Bwin offers from Nostrabet and realize that they cant choose every market.

Clients who dont comply with this requirement wont be able to complete the rollover requirements because their bet wont qualify for it. Thats why experienced punters read the Terms and Conditions before they start playing.

The free bets usually work for specific markets

Even though there are different sports betting promotions, some online bookmakers offer free bets because they know their customers like them. Thats why sports bettors will probably have the option to pick from several types of free bets while enjoying their favorite hobby.

Most sports promotions cant be used in conjunction with any other bonuses

Last but not least, one of the common conditions that clients have to comply with is that they cant use a given sports offer alongside any other bonus. It doesnt matter whether this offer is for the casino or the sportsbook - the fact that the customers have an active promotion means that they have to complete the specific requirements for it before they are eligible for another reward.

Clients who dont complete this regulation will lose their active promo, as well as any progress made towards the rollover requirements. Needless to say, most users wouldnt want to do that.

View original post here:

Specific sports betting rules that bettors have to be aware of - The Jerusalem Post

Posted in Sports Betting | Comments Off on Specific sports betting rules that bettors have to be aware of – The Jerusalem Post

CT Sports Betting Inches Closer With Second Compact Ready – Legal Sports Report

Posted: at 5:20 pm

One of the last crucial steps before the launch of online CT sports betting should be completed by Monday morning.

That is the publication of the amended compact between the state of Connecticut and the Mashantucket Pequot Indians in the Federal Register. The compact was uploaded to the Public Inspection part of the Federal Register Friday with a Monday publish date.

The Mohegan Indians compact was published in the Sept. 15 edition of the Federal Register. While it is not clear why it took nearly two more weeks for the Mashantucket Pequot compact, it does not matter at this point.

The publication of both compacts means online CT sportsbooks can launch Oct. 7 in time for Week 5 NFL betting.

While the online industry launches Oct. 7, it is likely the first legal bets in the state will be made before then. That is because retail betting can take place on tribal land about a week after that tribes compact is published, a spokesman for Gov. Ned Lamont told LSR.

That means Mohegan Sun could be close to taking its first bet. A picture posted Thursday by the CT Mirror displays Mohegan Tribal Chairman James Gessner Jr. showing Lamont FanDuel Sportsbook-branded kiosks in the casino.

Foxwoods, meanwhile, could take its first retail bets through DraftKings Sportsbook around Oct. 4, based on that timeline.

Both casinos are playing their cards relatively close to the chest on when a retail launch might take place.

Another important step was checked off the list Thursday when the states self-exclusion program went live.

The program technically only protects problem gamblers from state-licensed gaming like the PlaySugarHouse sportsbook that will be launched by the Connecticut Lottery.

Both tribes told the CT Mirror they plan to honor the states self-exclusion list, though, on top of maintaining their own.

There have been no updates from either New York or Massachusetts concerning sports betting, so the Oct. 7 launch is for those bettors too.

The New York State Gaming Commission decided it does not need to hear oral presentations from the six applicants looking to win licenses to launch online NY sportsbooks.

Massachusetts, meanwhile, has made no progress on legalizing MA sports betting since the House passed their bill in July. That led to Gov. Charlie Baker calling for action on Twitter earlier this month.

Read this article:

CT Sports Betting Inches Closer With Second Compact Ready - Legal Sports Report

Posted in Sports Betting | Comments Off on CT Sports Betting Inches Closer With Second Compact Ready – Legal Sports Report

Mohegan Sun at 25: Numbers are up, and that’s before sports betting begins – Westfair Online

Posted: at 5:20 pm

These are heady times for Mohegan Sun. Not only is the casino nearing its 25th anniversary on Oct. 12, it is also girding for the long-awaited arrival of legalizing iGaming and sports wagering that same month, while it has apparently recovered from the impact of Covid-19 and then some.

Weve taken all the steps necessary to make sure our visitors are safe, Mohegan Gaming & Entertainment President and CEO Ray Pineault told the Business Journal, saying the Uncasville casino went above and beyond the protocols established by the CDC and state and local governments to rebuild visitors confidence.

We continue to put protocols in place and maintain a culture centered on our guests safety, he said, and weve been pleased with the results.

As well the company should be. For the quarter ended June 30, Mohegan Gaming & Entertainment (MGE) which in addition to the flagship Connecticut location operates Mohegan Sun Poconos in Pennsylvania; Fallsview in Niagara Falls, Canada; Mohegan Sun Casino at Virgin Hotels Las Vegas, which officially opened on March 25; and, scheduled for 2023, the Inspire Entertainment Resort in Incheon, South Korea posted net revenues of $328.2 million, a 206% increase over Q3 2020; income from operations of $64 million versus a $20.5 million loss in the previous third quarter; and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $101.7 million, a 1,111.2% increase.

As for Mohegan Suns pending 25th anniversary, Pineault calls it a testament to the hard work and dedication of our team members many of whom he said have been with the organization since it first opened its doors as well as the confidence shown by the tribe in building such a fantastic organization.

The casino will allow members of its Momentum loyalty program to participate in a collect and win promotion throughout the month of October, where cardholders can earn a swipe at the 25th anniversary kiosks for a chance to win free slot play prizes and up to $50,000 in cash.

It is also offering a $250,000 Anniversary Slot Sweepstakes, where guests can vie for a share of $250,000 in cash by playing their favorite slots, as well as high-rolling private blackjack, slot and Baccarat tournaments will also be hosted for VIP gamers.

Over the Oct. 22-24 weekend, Harry Styles and Blake Shelton will each headline the 10,000-seat Mohegan Sun Arena, while Run-DMC will play the 300-seat Wolf Den. Yet-to-be-named celebrities are scheduled to attend a VIP party at the resorts latest addition, the TAO Asian Bistro & Lounge.

While sports wagering is scheduled to begin in Connecticut on Oct. 7, Pineault said Mohegan Sun may not be joining in on that date.

We would rather roll it out properly than too quickly, he said. We want to make sure the experience is a good one for our guests.

Still, he said, Obviously NFL football is huge for sports wagering.

According to an August article in the Washington Post, the league and its teams expect to generate about $270 million in revenue this year from their sports-betting and gambling deals. It also quoted NFL Chief Strategy and Growth Officer Christopher Halpin as saying, You can definitely see the market growing to $1 billion-plus of league opportunity over this decade.

The Legal Sports Betting website has appraised overall sports betting at $150 billion a year, and this is assumed to be a conservative estimate.

Gambling news website PlayCT has reported that the Nutmeg State could evolve into a market that generates more than $1.5 billion in annual sports wagers and more than $100 million in operator revenue, while online casinos could generate as much as $350 million in gross gaming revenues annually.

Connecticut is a relatively small state, but the market has a handful of attributes that should help it punch a bit above its weight, said Eric Ramsey, analyst for the PlayUSA.com network, which includes PlayCT.com. Geographically, the state is in a good place, with the potential to draw significant out-of-state business from New York and Massachusetts. And Connecticut features one of the highest median household incomes in the U.S.

Connecticuts legislation imposes an 18% tax on new online, or iGaming, gambling for the first five years, and a 20% tax rate for at least the following five years. There is also a 13.75% tax rate to be levied on sports wagering.

That market represents a huge opportunity for us as well as tax revenue for the state, Pineault affirmed. We think the state will be pleased with the results we see.

Meanwhile, MGE has undergone something of a C-suite shuffle over the past several months. Pineault was elevated from Mohegan Sun president and general manager to MGE chief operating officer in August 2020, then became interim president and CEO in March 2021 upon the sudden exit of Mario Kontomerkos; he was given the permanent title in May.

Also in March, Carol Anderson, previously senior vice president Treasury, Capital Markets and associate general counsel at Scientific Games in Las Vegas, took over as MGEs chief financial officer, replacing Kelly McKinnon, who had only held the post since October 2020.

And early in September, Jody Madigan, a former general manager at the Paragon Casino Resort in Marksville, Louisiana, took over the COO role at MGE.

Pineault said that, despite the appearance of upheaval, the many changes were nothing to be alarmed by.

Asked about additional expansion, he said, As an organization we are always looking at opportunities. There is nothing to announce at this time, but we have several irons in the fire.

The rest is here:

Mohegan Sun at 25: Numbers are up, and that's before sports betting begins - Westfair Online

Posted in Sports Betting | Comments Off on Mohegan Sun at 25: Numbers are up, and that’s before sports betting begins – Westfair Online

UFC Vegas 38 Odds, Picks and Betting Preview Thiago Santos vs Johnny Walker – Sports Betting Dime

Posted: at 5:20 pm

Thiago Santos takes on Johnny Walker in the main event of UFC Vegas 38 in Las Vegas. Can Santos take down Walker as the favorite?

After being in front of a sold-out crowd at the T-Mobile Arena last weekend, the UFC returns to the UFC Apex in Las Vegas for UFC Vegas 38 on Saturday, October 2nd, 2021. In the main event, light heavyweights collide as Thiago Santos looks to snap his losing streak as he battles flashy striker Johnny Walker. Santos is narrowly favored at -170 to beat Walker in the UFC Vegas 38 odds.

UFC Vegas 38 airs live on ESPN+ with the main card at 7 PM EST. The table below shows odds for the main card at DraftKings followed by best bets.

Make sure to check out the latest sportsbook promos before placing your bets for UFC Vegas 38.

All odds as of Sept. 27 at DraftKings

Thiago Santos enters this fight on a three-fight losing streak, but he has been fighting elite-level competition, including taking Jon Jones to a split decision for the belt. Against Jones, he tore both his knees, which kept him out for over a year, and after that, he lost to Glover Teixeira and Aleksandar Rakic. Johnny Walker, meanwhile, has all the hype in the world, and if he can beat Santos, hed be right there for a title shot.

When Walker was fighting Anderson, he had all the hype in the world, and many were talking about him giving Jon Jones trouble. Yet, Anderson showed the Brazilian doesnt have the best chin, and Krylov exposed his wrestling as he held the Brazilian down for 15 minutes. Even in his win, Spann dropped and hurt Walker a few times, which is a concern against a heavy hitter in Santos.

Although Santos is on a three-fight losing streak, he did nearly KO Teixeira, and against Jones, he had some success. Prior to the setbacks, though, he showed off his KO power but finishing the now-champ in Blachowicz, Jimi Manuwa, and Eryk Anders.

Thiago Santos is a former middleweight who has since moved up and has become a full-size light heavyweight. The Brazilian has legit one-punch KO power as at middleweight he even holds stoppage wins over Jack Hermansson and Anthony Smith.

Early on, I expect Walker to come out aggressive and look for the KO shot. Santos, meanwhile, will be patient and use his leg kicks and jab to try and find his range to land the KO shot. I do expect Walker to have some moments in the first round and win it. However, in the second round, Santos will start to become the aggressor and catch Walker with a big shot. I expect Santos to finish him with ground and pound to win by TKO. Santos to win inside the distance by KO or TKO will have much better value than his moneyline odds at UFC Vegas 38.

Pick: Thiago Santos (-170)

Kevin Holland was the star of 2020 going 5-0 but in 2021, he was outwrestled by Derek Brunson and Marvin Vettori showing a big hole in his game in his takedown defense and his jiu-jitsu off his back. Now, he faces an unranked fighter in Daukaus who could be fighting for his UFC job.

The first couple minutes of this fight should be able to tell you how it will go. Theres no question Daukaus will shoot for a takedown early, and if he gets it and Holland cant get off his back, it will be another loss for Holland due to his wrestling. Yet, if he does stuff it, he is the better striker and will be able to piece up Daukaus on the feet.

Ultimately, I dont think Hollands takedown defense has improved enough to stop the takedowns of Daukaus. I expect Daukaus to shoot for the legs early and often to control the fight and win a decision.

Pick: Kyle Daukaus (+130)

NFL NBA MLB NHL MMA Sports Writer

Cole graduated from Sheridan College in April of 2019 with a diploma in journalism. He now is a full-time freelance writer, focusing on MMA for sites like BJPENN and MMA News, while also covering the Toronto Blue Jays as a credentialed media member. At SBD, Cole covers the four major sports and MMA.

NFL NBA MLB NHL MMA

Cole graduated from Sheridan College in April of 2019 with a diploma in journalism. He now is a full-time freelance writer, focusing on MMA for sites like BJPENN and MMA News, while also covering the Toronto Blue Jays as a credentialed media member. At SBD, Cole covers the four major sports and MMA.

Read this article:

UFC Vegas 38 Odds, Picks and Betting Preview Thiago Santos vs Johnny Walker - Sports Betting Dime

Posted in Sports Betting | Comments Off on UFC Vegas 38 Odds, Picks and Betting Preview Thiago Santos vs Johnny Walker – Sports Betting Dime

How to Bet on Sports for Beginners: 12 Tips to Know | The …

Posted: September 24, 2021 at 11:29 am

Over the past few years, sports betting has emerged from the shadows and into the mainstream. The anti-gambling stigma that existed for decades faded quickly in American popular culture, opening the door for a massive, multibillion-dollar legal sports betting industry to emerge.

With sports betting now legal in many states, millions of sports fans will be looking to enter the betting market for the first time. But where do you begin if youre unfamiliar with the terminology?

Heres an introduction into how to bet on sports. Well be adding to this series in the coming weeks.

Use the links below to jump to each section.

When oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog.

The favorite is the team that is expected to win the game and will get a minus sign next to its odds, while the underdog is expected to lose and gets a plus sign. If the game is a toss-up, books will open it as a pick or pickem.Click to return to table of contents.

There are two main ways to bet on a favorite or an underdog. The first is the point spread, which is a bet on the margin of victory.

For example, say the Patriots are 7-point favorites against the Jets. Theyd be listed at -7.

If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. If the Patriots win by 8 points or more, you cover. If the Patriots win by exactly 7 points, that is called a push, which means you get back the money you originally bet.

If the Patriots win by 6 points or fewer (or lose the game straight-up), you lose your bet.

On the flip side, if you bet on the Jets plus the points (+7), you need the Jets to either win the game lose by six points or fewer for you to win (or cover) your bet.

Spreads are available for all sports, but they are predominantly used when betting on higher-scoring sports like football and basketball.

Click to return to table of contents.

The second way to bet on a favorite or an underdog is on the moneyline. This is based solely on which team will win the game, and uses American odds to calculate the payout.

Favorites are again given a minus designation, such as -150, -200 or -500. If a favorite is -200, that means you have to risk $200 to win $100. If the favorite wins, you get $100, but if the favorite loses, youre out $200.

Because favorites are expected to win, you assume more risk when betting on them.

Underdogs are given a plus designation, such as +150, +200 or +500. If an underdog is +200, that means if you bet $100 on them and they win the game, you get $200. If they lose the game, you lose only the $100 that you risked. Because underdogs are expected to lose, there is more of a reward when betting on them.

Moneylines are available for all sports, but they are predominantly used when betting on lower-scoring sports like baseball, hockey and soccer.

Click to return to table of contents.

In addition to setting a line for the favorite and the underdog, oddsmakers will also set a total number of points scored in a game by both teams combined. This is called the total or over/under.

Bettors can then wager on whether or not the game will go Over or Under the total.

For example, an NBA game between the Celtics and Bulls might have a total of 215. You could either bet the Over 215 or the Under 215. If you bet the Over 215 and the total points scored end up being 216 or higher, you win your bet. If the total points scored are 214 or fewer, you lose.

Click to return to table of contents.

The oddsmakers put a tax on every bet, which is typically called the juice or vig (short for vigorish). The juice is the commission you have to pay to the sportsbook for them to accept your wager.

The vig in the U.S. will be listed in American odds

Say the Duke Blue Devils are -5 (-110) that means if you want to bet on Duke as a 5-point favorite, you need to risk $110 to win $100.

The juice can also be a positive number, such as Penn State -7 (+110). That means if you bet $100 on Penn State as a 7-point favorite and it covers, you win $110. If it loses, you lose only the $100 that you risked.

You always have to risk more on a favorite than youd win on an underdogotherwise, sportsbooks would be out of business.

Click to return to table of contents.

With legalized sports betting spreading across America, sports bettors have never had more options to take advantage of. To see if sports betting is legal where you live, check out our state-by-state tracker.

Some of the biggest states that have legalized mobile wagering include Colorado, New Jersey, Pennsylvania, Indiana and West Virginia. The sportsbooks highlighted below are all trustworthy legal shops that take bets online.

Click to return to table of contents.

Click to return to table of contents.

In the end, you have the final say on how much to risk on a game, but a good rule is risk only what you can afford to lose. Sports betting is a marathon, not a sprint. There will be good days and bad days. As a result, we recommend a flat-betting approach.

This means betting the same amount on every game and risking only 1% to 5% of your bankroll per play (the bankroll is the starting amount you have at your disposal to bet with). For example, if you are starting with a bankroll of $100, you should risk no more than $5 per game.

By employing a flat-betting approach, bettors guard themselves against losing their entire bankroll during a bad stretch, but also set themselves up for a positive return on investment (ROI) when theyre doing well.

Click to return to table of contents.

Rotation numbers are whats listed to the left of a team on the board. They are also referred to as the NSS number or Vegas ID number. They are unique to the team, sport and league, and universal across most sportsbooks.

For example, you might see the number 312 listed next to the Bruins -120. If youre at a casino and want to bet $100 on the Bruins, walk up to the window with your money and say, $100 on 312, Bruins -120.

Click to return to table of contents.

Much like stocks on Wall Street, the sports betting market is fluid. Throughout the day, bookmakers will adjust the odds depending on the action theyre taking and other news, such as injuries and weather. For example, if the Vikings open as 7-point favorites and the vast majority of bets are on the Vikings, you might see the Vikings line move from -7 to -7.5. The line could move even further to -8, or it could be bought back to -7.

You can monitor betting data for every game in real time on our live odds page or in our mobile app (download here).

Click to return to table of contents.

Lines can vary based on the sportsbook, because different books have different clienteles. As a result, one book may post the Cavs -8 while another has -7.5. Having access to more than one sportsbook allows you to shop for the best line. Getting an extra half-point might not seem like a huge deal, but it adds up over the long haul and increases your chances of winning.

Our live odds pages will automatically surface the best line for every game.

Click to return to table of contents.

This isnt Monopoly money, so you want to make sure youre tracking your progress. The easiest way to do that is withour award-winning (and free!) app, which has awesome features like live bet cover probability and odds shopping, it also lets you track all of your bets across nearly every sport.

And thats valuable because you can identify where your strengths and weaknesses are as you start betting. Are you more successful betting on the NFL or NBA? Do you thrive when taking player props or over/unders? These are all a good thing to know, and it can allow you to maximize your winnings.

Check it out for free here.

Click to return to table of contents.

See original here:

How to Bet on Sports for Beginners: 12 Tips to Know | The ...

Posted in Sports Betting | Comments Off on How to Bet on Sports for Beginners: 12 Tips to Know | The …

VSIN The Sports Betting Network | VSiN

Posted: at 11:29 am

I can't imagine that anybody following sports or sport gambling not subscribing to VSIN. The hosts and guests of VSIN along with PSW were an important part of my decision making in 2018 when I finished fifth in the Super Contest cashing almost $200,000.

- Mac from NY

I progressed from getting your free morning email to becoming a Plus subscriber in December, and I love getting the multiple daily emails with the betting recommendations for that day. The statistics in your Point Spread Weekly publication are invaluable.

- Linda from PA

Im truly addicted to VSiN & the thrill of 'cashin tickets' on a regular basis has never felt so good. Thank you VSiN for making me an infinitely smarter & wiser bettor.

- Stuart from OH

I ABSOLUTELY LOVE ALL things VSiN. What you guys are doing has truly changed the game and I owe all my sports betting prowess to all things I've learned through VSiN.

- Petillo from NV

VSIN has such great content and products, as well as superior customer service. Telling all my friends about you guys!!!

- Eric from MN

The consensus bets on Point Spread Weekly and all the info in those are spectacular.

- Neil from IN

From VSIN, I have learned that telling what to pick, without why, gives me no advantage. VSIN has given me an education on Sports wagering. I may not be a pro but, I am now an educated Gambler which is an big advantage.

- Steve from IL

I bet one of the VSiN horse picks and won enough to cover several years on VSiN

- Robert

VSiN has changed my gambling habits. I consider it investing and VSIN is my CNBC.

- Jared from NJ

I had a very good NCAAF betting year thanks mainly to your bowl issue. I followed along with Power Rating, Bettors Rating and Effective Strength and made winning wagers based comparing all these factors. Can't wait for March Madness!

- Ray from TX

I love everything about VSIN, especially the point spread weekly and the betting guides that come out. The consensus bets on point spread weekly and all the info in those are spectacular.

- Neil from IN

VSIN is the only one shop stop for all your gambling needs. The Daily emails to keep you up to date on the host and guest host picks are totally awesome. VSIN gets the best of the best host.

- Todd

What an amazing resource VSIN is. I start each day with Mitch and Pauly, and I listen live or on replay to all of your hosts. Many thanks for the sage and entertaining insight and commentary. Keep up the good work!

- Eric from NY

See the article here:

VSIN The Sports Betting Network | VSiN

Posted in Sports Betting | Comments Off on VSIN The Sports Betting Network | VSiN

Wanna bet? Here’s where all 50 states stand on … – CBS Sports

Posted: at 11:29 am

It has been over a year-and-a-half since the United States Supreme Court delivered a landmark decision to strike down the federal ban on sports gambling that prohibited betting on sports in most states. Since that ruling, which left the legality of sports gambling up to state-level government, several states swiftly moved to legalize sports betting.

Prior to the Supreme Court ruling, Nevada was the only state in which a bettor could wager on the results of a game. But since the federal ban was lifted last May, many states have fully legalized sports gambling, with several more in the process of doing so. Many others are introducing new legislation proposals that would open the door to sportsbooks.

Here's a state-by-state examination of where the country stands on sports gambling. And remember, if you live in a state where sports gambling is legal, check out SportsLine for expert predictions.

Alabama: Not legal, but legislation proposed.

A proposed bill was introduced this April that would create an Alabama Sports Wagering Commission to oversee the regulation of sports betting in the state. Under the proposed bill, bettors would be able to gamble on pro and college sports.

Alaska: Not legal.

In 2020, the state put legalizing sports betting under consideration.

Arizona: Not legal, but legislation proposed.

A bill proposed in January would exclusively permit federally recognized Native American tribes with a gaming license to operate sportsbooks within the state.

Arkansas: Legal.

The state's first official sportsbook (Oaklawn Racing Casino Resort) began operating in July, and there will be multiple others on the way, though the state is still prohibiting mobile online wagering.

California: Not legal, but legislation proposed.

There's currently a proposed constitutional amendment and a pending voter referendum that could make sports gambling legal in the near future.

Colorado: Legal.

Colorado became the 19th state to legalize betting and as of May 1, 2020 multiple operators allowed residents to open accounts online and place wagers.

In the 2020 election, Colorado expanded both the number and type of casino games it is able to offer. The state also eliminated some wagering limits.

Connecticut: Not legal, but legislation proposed.

Earlier this year, lawmakers pushed forward two separate sports betting bills -- one that would allow sports gambling state-wide at casinos, the lottery and off-track betting sites, and a second that would limit sports betting to the federally recognized tribes that operate the state's two casinos, Foxwoods and Mohegan Sun.

Delaware: Legal.

Less than a month after the Supreme Court's decision, Delaware moved to fully legalize sports betting. Three casinos began operating sportsbooks in June and the state is looking to add additional locations as well as mobile betting.

Florida: Not legal, but legislation proposed.

Florida Man is not allowed to legally gamble in-state. Three bills filed in November 2019 aim to get movement rolling on the legalization of in-state wagering.

Georgia: Not legal, but legislation proposed.

Proposed legislation filed in early 2019 would allow for sports betting on pro and college sports, but with no more than 10 sports gambling licenses handed out in the state.

Hawaii: Not legal, but legislation proposed.

A bill proposed in January of 2019 would allow for the regulation of sports gambling through a newly-established corporation.

Idaho: Not legal.

No legislation proposed.

Illinois: Legal.

Legislation was passed in June to allow sports gambling, though in-state collegiate games will be off-limits under the new law. It will make gambling lawful in a variety of locations both in-person (including at Wrigley Field) and online. Bets were allowed in the state as of March 9, 2020.

Indiana:Legal.

Wagering on pro and college sports became legal in September of 2019 with both mobile and in-person betting permitted at multiple locations.

Iowa: Legal.

Iowa legalized sports gambling in 2019, with multiple sites beginning to take bets at the end of that summer. State law allows for betting on both pro and college sports.

Kansas: Not legal, but legislation proposed.

A total of five sports betting bills have been proposed in the Kansas legislature, but none currently have a hearing date set.

Kentucky: Not legal, but legislation proposed.

Kentucky has had multiple sports gambling bills proposed but likely won't see any movement until at least 2020.

Louisiana: Approved sports betting

Louisiana approved sports betting in the 2020 election.

Maine: Not legal, but legislation proposed.

Maine nearly passed a law that would have allowed in-person and mobile sports betting on pro and college sports (with the exception of in-state colleges), but the bill was vetoed by the state's governor. The state's legislature will likely look to get an identical or similar version passed in 2021.

Maryland: Approved sports betting

Following results of the 2020 election, Maryland approved sports betting.

Massachusetts:Not legal, but legislation proposed.

A number of sports betting legalization bills were introduced in 2019, including one from the governor that would allow residents anywhere in the state to place mobile sports wagers (not tied to land-based casinos) or bet in-person at two newly opened in-state casinos. If passed, the state could see legalized betting as early as 2020.

Michigan:Legal.

Gov. Gretchen Whitmer signed bills in late 2019that allow for both sports betting and online gaming in the state. Casinos in the state started taking wagers in March of 2020.

Minnesota:Not legal, but legislation proposed.

In 2019, a bill was proposed that would have legalized sports gambling at the state's two horse-racing tracks, its 21 tribal casinos and potentially through mobile devices. That bill did not pass during that legislative session.

Mississippi: Legal.

The first sports bets in Mississippi were placed on August 1, 2018. The state enacted a law in 2017 that allowed for sports betting.

Missouri:Not legal, but legislation proposed.

Missouri had several sports betting bills introduced this year but the state hasn't taken action on them yet.

Montana:Legal.

Legal sports betting arrived in the state as of March 2020. Sportsbooks will be regulated through the state lottery.

Nebraska: Authorized some betting

In the 2020 election, Nebraska authorized adding casino games at its horse racing tracks. Omaha, Lincoln, Grand Island, Columbus and South Sioux City will allow casino games at racetracks.

In early 2020, state senator Justin Wayne introduced a bill classifying sports betting as "authorized games of skill" and would allow sports wagering, fantasy sports, and poker in Nebraska.

Nevada: Legal.

Obviously.

New Hampshire: Legal.

New Hampshire joined the list of states with legalized sports betting on the second day of 2020. The state agreed to a six-year contract with DraftKings, so mobile sportsbooks can be utilized throughout the state.

New Jersey: Legal.

New Jersey long advocated for legalized sports gambling and was responsible for the case that led to the federal reversal from the Supreme Court. As such, they wasted no time in legalizing sports gambling after the decision, opening the state's first sportsbooks on June 14, 2018. Atlantic City and the Giants/Jets NFL stadium, among other locations, now offer legalized sports wagering.

New Mexico: Legal, kind of.

New Mexico's case is rather unique, as the state hasn't passed legislation specifically allowing sports betting, but it's possible to legally bet in-state thanks to a loophole. Under the current state laws, sports betting isn't explicitly prohibited, nor is it a prohibited Class III game in the gaming compacts shared between tribes and the state. This has allowed the Pueblo of Santa Ana tribe to open their own not-outright-legal-but-also-not-technically-illegal sportsbook at its in-state casino.

New York: Legal.

New York actually passed a bill in 2013 that made sports gambling legal at the state level, but the state didn't open its first official sportsbook until July of 2019. As of now, a majority of the legal sports wagering comes via upstate casinos, but online is expected soon.

At some point after July 31, 2021, mobile and online wagering platforms are expected to arrive, as legislators approved a bill allowing for this type of betting.

North Carolina: Legal, but not yet started.

Gambling in North Carolina is run exclusively through the Cherokee tribe, and the state passed a bill in July of 2019 that will permit sports gambling (including horse racing) to be part of that monopoly. As it stands, sports bets will only be accepted in-person at the tribe's two casinos, both of which would like to start taking bets n 2020.

North Dakota:Not legal, but legislation proposed.

Lawmakers emphatically rejected a bill to legalize professional and collegiate sports betting in 2019.

Ohio:Not legal, but legislation proposed.

Legislation has been proposed in Ohio but lawmakers are at odds over the regulation and oversight of sports gambling. It's not close at the moment.

Oklahoma:Not legal, but legislation proposed.

A proposed bill would expand the tribal-state gaming compact to include sports betting, but no action has been taken yet.

Oregon: Legal.

Oregon didn't need to pass new legislation because they already had limited sports betting legality established at the state level, but they didn't officially start taking bets until August of 2019.

Pennsylvania: Legal.

Six months after the Supreme Court reversal, Pennsylvania took its first legal sports bet at a casino sportsbook in 2018. Additional licenses have since been handed out and mobile/online wagering is also accepted in-state.

Rhode Island: Legal.

Rhode Island also opened its first sportsbook six months after the U.S Supreme Court's decision and currently offers sports gambling exclusively at two in-state casinos, but online/mobile betting is on its way.

South Carolina: Not legal, but legislation proposed.

Gambling in South Carolina is restricted solely to casino riverboats but state legislature has proposed bills in consecutive years that would open the door to sports gambling. No action has been taken yet.

South Dakota:In the 2020 election, South Dakota approved sports betting.

Tennessee: Legal, to lauch soon.

The Tennessee state legislature approved a sports betting bill in the spring of 2019 that will only allow betting online and on mobile apps. The state expects to launch its gambling operations no later than November 1, 2020.

Texas: Not legal, but legislation proposed.

A proposed bill would allow mobile and online wagering on pro and college sports, but it will require a referendum amending the state constitution to be approved by voters.

Utah: Not legal.

And very unlikely to happen.

Vermont: Not legal, but legislation proposed.

Very little gambling is permitted in Vermont to begin with, but there is a proposed bill to legalize mobile sports wagering in-state. There hasn't been much movement on the proposal yet.

Virginia: Legal.

In April of 2020 sports betting was legalized in Virginia and the bill passed by state legislature should lead to Virginia sportsbook apps going live by the end of 2020. In. the 2020 election, Virginia approved casino gambling in four locations.

Bristol, Danville, Portsmouth and Norfolk all approved ballot measures authorizing casinos in the 2020 election.

Washington:Legal.

The state passed legislation in early 2020 to permit sports gambling at tribal casinos in-state. The state does not allow for mobile/online wagering.

Go here to see the original:

Wanna bet? Here's where all 50 states stand on ... - CBS Sports

Posted in Sports Betting | Comments Off on Wanna bet? Here’s where all 50 states stand on … – CBS Sports

Is Sports Betting Legal in the USA? All States Covered With …

Posted: at 11:29 am

U.S. legal situation: How we got here

PASPA effectively limited U.S. sports betting to Nevada, although Delaware, Montana, and Oregon carried a grandfathered clause. PASPA forbade states outside of those exemptions above from regulating and taxing sports betting.

New Jersey led the charge to legalize sports betting. SCOTUS recognized its decade-long crusade against the major professional sports leagues and ruled to overturn the longstanding act. The ruling by SCOTUS put an end to PASPA and gave each state the ability to enforce and implement its own legal sports betting standards and regulations.

Table of contents: state-by-state overview

States where sports betting is legal in 2021

Online: NoRetail: Yes

The Oaklawn Racing Casino Resort took the state's first legal sports bet on July 1, 2019. Two additional outlets are now authorized to operate sportsbooks either inside of their facilities or neighboring properties.

State Rep. Lee Johnson introduced HB 1942 in April 2021, which would enable casino licenses to operate online sports pools. This measure could expand Arkansas sports betting beyond its current retail-only presence. The Arkansas Racing Commission regulates sports betting and is considering changes to allow mobile sportsbooks. Any changes require approval by a legislative committee.

Online: YesRetail: Yes

Legal sports betting kicked off in Arizona on Sept. 9, 2021, hours before the NFL's regular-season got underway. Seven sportsbooks are authorized to operate in the Grand Canyon State, with more on the way pending regulatory approval. Arizonas legislation called for 20 online sports-betting licenses 10 reserved for Native American tribes and 10 for professional sports teams.

Arizona now joins the ranks of U.S. states to offer legalized online sports betting. In April 2021, Gov. Doug Ducey signed the state's sports wagering bill into law to have retail and online betting options in place by week 1 of the 2021 NFL season. Follow the latest developments in Arizona's journey to legalization.

In August 2021, the Department of Gaming issued event wagering and daily fantasy sports licenses to FanDuel and an event wagering license to Penn National Gaming. Both were licensed as designees while their professional sports team and franchise partners received operator licenses. On Aug. 27, 2021, the state's gaming department issued licenses to 18 sports betting operators.

Arizonas sports-betting licensees are sanctioned to partner with another organization to run their digital and retail sportsbooks for them. FanDuel linked up with the Phoenix Suns, and Penn partnered with Phoenix Raceway. FanDuel will launch an online sportsbook and open a retail outlet at the Footprint Center. Penn will go live with its Barstool Sportsbook platform first, followed by a retail location at the raceway.

Online: YesRetail: Yes

Online and retail sports betting came into effect in Colorado on May 1, 2020. The passage of proposition DD, the Legalize Sports Betting with Tax Revenue for Water Projects Measure, was unanimously approved. Colorado has become a major player in U.S. sports betting, with its monthly handle surpassing $300 million on two occasions.

Online: NoRetail: Yes

Delaware was the first state outside of Nevada to introduce regulated single-game sports betting. Gov. John Carney placed the states first legal single-game betand won his Philadelphia Phillies wageron June 5, 2018. Three racinos now hold sports wagering licenses in the state.

Approvals for online gambling have been in place since 2013, yet the Delaware Division of Gaming Enforcement has yet to authorize online sports betting. It appears as though the regulator is taking a wait-and-see approach before allowing the racinos to launch online.

Online: YesRetail: Yes

Sports wagering is legal in Washington, D.C. under Act 22-594. The legislation cleared congressional review and became law on May 3, 2019. The D.C. Lottery launched its "GameBetDC" platform in June 2020, allowing bettors in the District to wager on sports via mobile device or personal computer.

Alternatively, bets can be placed at one of two sports arenas partnered with an online sports betting company: Capital One Arena (Caesars) and Nationals Park (BetMGM). Both apps are available within a two-block radius of sports stadiums or arenas and from inside a licensed bar or restaurant.

Online: YesRetail: Yes

June 28, 2019, signaled the dawn of legal sports betting in Illinois. Governor J.B. Pritzker signed bill SB 690 a lengthy 800 page-plus gaming expansion and capital bill allowing casinos, racetracks, and sports venues like Wrigley Field to obtain licenses to operate brick-and-mortar sportsbooks.

Online: YesRetail: Yes

Indiana's legal sports betting laws incorporate mobile and in-person wagering. Governor Eric Holcomb endorsed Indiana's sports betting bill (HB 1015) and passed it into law on May 8, 2019. Holcomb later placed the Hoosier State's first legal wager on Sept. 1, 2019. Retail sportsbooks are found in 13 Indiana casinos, while ten mobile sportsbook apps operate in the state.

Online: YesRetail: Yes

Governor Kim Reynolds passed IA SF 617 in May 2019, paving the way for legal sports betting to officially launch in Iowa on Aug. 15, 2019. Retail sportsbooks operate within state casinos, while mobile sports wagering apps drive sign-ups and pad the monthly handle.

Online: YesRetail: Yes

March 11, 2020, signaled the start of legal sports betting in Michigan. This came less than three months after Governor Gretchen Whitmer signed the "Lawful Sports Betting Act" into law. Michigan sports betting offers fully remote registration, eliminating the need to visit a casino and allowing you to register, add funds, and bet from anywhere within state lines.

Online: YesRetail: Yes

Legal sports betting came to Mississippi on Aug. 1, 2018, with the Mississippi Gaming Commission (MGC) tasked with regulation and oversight. Bettors can leverage mobile betting capabilities; however, online wagering must take place within the grounds of a casino.

The Gaming Control Act, introduced during the state's 2019 legislative session, would have sanctioned the use of mobile sports betting apps anywhere in the state. Sen. Willie Simmons started the conversation, but other MS lawmakers were not ready to change the state's sports betting operations. Subsequently, the bill fell short on Feb. 5, 2019. In January 2020, a similar bill (MS HB 172) was introduced in the House but failed to gain traction.

Online: NoRetail: Yes

In March 2020, legal sports betting landed in Big Sky country. Governor Steve Bullock signed HB725, which revised state lottery laws to authorize sports wagering.

While Montana can tout mobile betting as a legalized activity, there is a caveat. Gov. Bullock passed on the opportunity to establish an open, competitive market in the state. The state lottery and its adopted platform, operated by Greek gaming company Intralot, were awarded the contract without a public bidding process.

Online: YesRetail: Yes

Nevada is a mature market with legalized sports betting dating back to 1949. It was first to control sports betting, which organized crime syndicates had previously operated.

Decades of regulated sports betting experience and an established track record helped make it the gold standard for sports betting. Online sports betting is available, but bettors must first register for an account in person at a casino.

Online: YesRetail: Yes

In New Hampshire, sports betting has been legal since July 16, 2019. With the signing of bill HB 480 into law, Gov. Sununu granted the New Hampshire Lottery control over the local betting industry.

Retail and mobile sports betting is available for many sports, and betting on New Hampshire's in-state college teams is also legal. A proposed bill would expand the number of retail sportsbooks and allow them to accept live bets. It's unclear yet if the initiative has positive momentum.

DraftKings became the state's first mobile sports wagering app in December 2019, and they also launched New Hampshire's first retail sportsbook (The Brook) in August 2020.

Online: YesRetail: Yes

New Jersey launched legal sports betting on June 14, 2018, becoming the second U.S. state to do so. Governor Phil Murphy placed the state's first legal sports bet at Monmouth Park. Online betting is also available, facilitated by fully remote registration, contributing to New Jersey leading the way with points of access.

Fubo Sportsbook announced a multi-faceted partnership with the New York Jets on Sept. 8, 2021. Fubo will become the NFL team's official sports betting partner sometime in 2021-22, pending regulatory approval. This agreement marks Fubo Sportsbooks first sponsorship of a professional sports team. Details of the deal include a Fubo Sportsbook Lounge at MetLife Stadium, set to open during the 2021-22 NFL season, in addition to the team's first authorized, mobile sports betting lounge.

The Penn National Gaming owned Barstool Sportsbook officially launched in New Jersey on Aug. 24.

Online: NoRetail: Yes

The Land of Enchantment was the sixth U.S. state to offer legalized sports betting. While the practice is legal in New Mexico, it is limited to a retail or an in-person experience. Lawmakers haven't passed a sports betting bill to legalize online activity within the state since the fall of PASPA.

Santa Ana Star, operated by the Pueblo of Santa Ana, took the state's first retail sports bet on Oct. 16, 2018. Additional tribal gaming centers have followed, including Hilton Buffalo Thunder Sportsbook, The Sportsbook at the Inn of the Mountain Gods, and the Isleta Resort and Casino Sportsbook.

Online: NoRetail: Yes

Despite infighting and opposition from outgoing Governor Andrew Cuomo, New York is inching towards legalizing mobile sports betting. Cuomo signed legislation for the 2022 fiscal year, including a proposal to allow online sports gambling in the Empire State.

Retail sports betting was legalized in the wake of PASPA, with the first bet placed on July 16, 2019, at the Rivers Casino in Schenectady. Despite retail betting outlets found at the state's casinos, New York loses hundreds of millions in annual gaming revenue to New Jersey and neighboring states.

On Sept. 8, 2021, the New York Jets announced a partnership with Fubo Sportsbook. Fubo is poised to become the official sports betting partner of the NFL team sometime in the fourth quarter of 2021, pending regulatory approval.

Online: NoRetail: Yes

Legalized yet severely restricted sports betting legislation landed in North Carolina in July 2019. Proposed changes could transform the NC landscape, as neighboring states profit significantly more from their sports betting arrangements. Currently, tribal casinos cannot allow sports betting apps outside of their establishments. If the proposed bill passes and Gov. Roy Cooper signs it into law, the North Carolina Education Lottery Commission will issue up to a dozen interactive sports wagering operator licenses.

On Aug. 19, 2021, the North Carolina Senate passed a bill to bring online sports betting to the Tar Heel State. Senate Bill 688 passed its final reading by a bipartisan vote of 26-19. The legislation heads to North Carolinas House of Representatives for further debate.

Online: YesRetail: Yes

Legal sports betting in Oregon resumed on Aug. 27, 2019, with the first wagers taken at the Chinook Winds Casino Resort. Oregon was one of the four states mentioned above grandfathered into PASPA. They were not required to amend the existing tribal-state agreement.

Sports betting in Oregon is currently legal via the Oregon Lotterys ScoreBoard digital app and in-person at two tribal casinos. Governor Kate Brown has pledged her support for an attempt to overhaul sports betting in the Beaver State.

Online: YesRetail: Yes

Pennsylvania Gov. Tom Wolf put his signature on a gambling expansion bill in October 2017 that later produced legalized sports gambling. The broad legislation also sanctioned online poker and Daily Fantasy Sports (DFS). Hollywood Casino at Penn National Race Course secured Pennsylvania's first legal sports bet in November 2018. Conversely, PlaySugarHouse became Pennsylvania's first online sportsbook to launch in June 2019.

On Sept. 22, 2021, MaximBet announced that it had secured market access in Pennsylvania via Caesars Entertainment to provide iGaming services.

Online: YesRetail: Yes

Online sports betting has been legal in RI since its launch in September 2019. Previously, consumers had to register their sports betting account in person at one of the state's two Twin Rivers casinos.

In July 2020, Gov. Gina Raimondo put her signature on SB 2919 and HB 8097, allowing bettors to complete remote registration. Under the law, two locations can offer sports betting with the state's lottery providing regulatory oversight.

Online: TBDRetail: Yes

Sports betting in South Dakota became legal with the passing of Amendment B on Nov. 3, 2020. Gov. Kristi Noem signed legislation bringing sports gambling to Deadwood. Casinos in the traditional gambling town can legally open sportsbooks. By law, that new rule also allows tribal casinos across the state to open sportsbooks.

Legalized retail sports betting came into effect on Sept. 9, 2021, in Deadwood, South Dakota. These four casinos offer sports betting: Tin Lizzie (BetMGM), Cadillac Jacks Gaming Resort (BetMGM), Mustang Sallys (ISI), and the Gold Dust Casino (ISI).

The state legislature approved rules for online sports betting during the 2021 session. The bill that passed prohibits online sports betting in South Dakota.

Online: YesRetail: No

Despite opposition from Gov. Bill Lee, the Volunteer State voted to authorize online sports betting in May 2019. The sticking point for Gov. Lee was the status of brick-and-mortar outlets. Tennessee's sports betting bill includes provisions for online-only sports wagering, making it one of the few states to implement an online-only program. The growing online market includes brands like DraftKings, FanDuel, BetMGM, and Tennessee Action 24/7.

According to Barstool Sports' outspoken founder, Dave Portnoy, the Barstool Sportsbook launches in Tennesse on Sept. 9, 2021.

Online: YesRetail: No

The Commonwealth of Virginia legalized sports wagering in April 2020, with sports bettors placing their first bets in January 2021. Gov. Ralph Northam signed bill SB 384 into law on April 29, 2020, following several revisions in the Virginia State Legislature. The Washington Football Team of the NFL secured a sports betting license from the Virginia Lottery in 2021. That marked the first time an NFL team had obtained a wagering-related license.

Online: ComingRetail: Yes

On March 25, 2020, Governor Jay Inslee signed sports bettingBill ESHB 2638into law. The law permits sports wagering at Class III tribal casinos in the state. However, mobile and online wagering is only allowed when physically on-site at a licensed tribal casino. The Washington State Gambling Commission provides regulatory oversight.

On Sept. 9, 2021, the Snoqualmie Tribe became the state's first to launch retail sports betting at its Snoqualmie Casino outside Seattle. According to Stanford Le, CEO Snoqualmie Casino, the tribe will support geofenced mobile in the coming weeks. Until then, it will only accept cash wagers.

Shawn Kemp, the former Seattle SuperSonics star, placed Washington's first ceremonial bet.

Online: YesRetail: Yes

Legal and regulated sports betting was realized in West Virginia on Aug. 30, 2018. The Penn National Gaming-owned Hollywood Casino was West Virginia's first brick-and-mortar retail sportsbook. With only a handful of online sportsbooks in operation, Sen. Michael Maroney has pushed for reform, introducing modifications to SB 603 to allow bars and restaurants to accommodate online sportsbooks.

Online: YesRetail: TBD

Wyoming's mobile-only sports betting bill, signed into law by Governor Mark Gordon (R) on April 5, 2021, permits statewide mobile sports betting. An authorized sportsbook can operate an online portal without having an affiliation to a brick-and-mortar casino.

Wyoming Rep. Tom Walters introduced bill WY HB 133, nearly identical to one submitted a year earlier. The bill designates a minimum of five online sportsbooks but no cap on the total amount. Online sports betting in WY carries an age requirement of 18 years and older and permits betting on all sports. The bill was also the first to allow cryptocurrency as a valid payment method for sports betting activities. With legislation in place, the first sportsbooks could launch during the 2021-2022 NFL season.

Sept. 1, 2021, marked the arrival of legal mobile sports betting in Wyoming. The state's gaming commission approved applications from BetMGM and DraftKings, and both launched the same day.

Coming soon: Legal sports betting in 2021

Online: ComingRetail: Coming

The Connecticut legislature approved sports wagering in May 2021 through a tribal-state agreement. Governor Ned Lamont formally approved House Bill 6451, leaving the Department of the Interior to review the compact, as federal approval is pending.

The gaming bill includes provisions for mobile and retail sports betting, with the services provided by the Mashantucket Pequot and Mohegan tribes and the Connecticut state lottery. With the lucrative tri-state market in play, legalized sports betting would be a significant boon for CT.

Connecticuts three-party sports betting market is taking shape. Rush Street Interactive will join DraftKings and FanDuel in claiming the state's third and final sports betting license. Lottery officials are targetting the NFL season opener on Sept. 9 as the go-to-market launch date.

On Sept. 9, 2021, Gov. Lamont informed his constituents that the federal government has signed off on the state's plan for sports betting and online gaming.

Online: ComingRetail: Coming

Legal mobile sports betting is coming to Florida, with the state announcing a proposed Oct. 15, 2021 launch. In conjunction with Florida's Seminole Tribe, Gov. Ron DeSantis signed a gaming pact on May 25, 2021, that would allow the Seminole Tribe to offer retail and online sports betting in the Sunshine State.

Florida's pact with the Seminole Tribe was approved by the U.S. Department of the Interior on August 6, 2021, clearing the path for retail and online sportsbooks to operate on Seminole grounds.

Pain points persist, with statewide mobile betting front and center on the docket. Industry heavyweights DraftKings Inc. and FanDuel Group are essentially frozen out of the pact, which prompted them to inject $10 million each into a proposed campaign to amend Floridas constitution.

Online: ComingRetail: Coming

Louisianas sports betting law puts each of the state's 64 parishes in the spotlight, with the Pelican State allowing each to decide their sports betting fate.

Regulators are eager to launch mobile and retail sports betting in Louisiana by the end of the 2021-22 NFL season. The Louisiana Gaming Control Board will oversee sports betting operations. However, the rules of the road have yet to be determined.

Online: ComingRetail: Coming

Through a November 2020 referendum, Maryland voters approved "sports and events betting for the primary purpose of raising revenue for education." Maryland Gov. Larry Hogan signed sports betting bill HB 940 into law in May 2021. State legislators passed a series of enabling statutes, and the Maryland Lottery and Gaming Control Commission approved regulations on July 15, 2021.

State lawmakers had to write and pass the rules for the industry in the 2021 legislative session. Every entity interested in Maryland sports betting, from pro sports teams and national brands to local minority and female-owned businesses, was included. Of particular note, the bill legalized up to 60 online sportsbooks to operate in Maryland.

Go here to read the rest:

Is Sports Betting Legal in the USA? All States Covered With ...

Posted in Sports Betting | Comments Off on Is Sports Betting Legal in the USA? All States Covered With …

Page 60«..1020..59606162..»