Category Archives: Sportsbook

The Phoenix Suns (49-10) are back in action Friday when they host the New Orleans Pelicans (23-36). Tip-off will be at 9 p.m. ET from Footprint Center. Below, we look at the Pelicans vs. Suns odds and lines, and make our expert NBA picks, predictions and bets.

This will be the Pelicans first game since the All-Star break as they look to snap their current two-game losing skid. The Pels went into the break having lost four of their last five games after winning four straight from Feb. 1-8.

New Orleans has struggled from the field this season, making just 44.7% of its field goal attempts (25th in the NBA) and shooting 32.8% from deep (27th). The Pelicans are getting outscored 109.5-106.3 on average and will now face the highest-scoring offense in the NBA although the Suns will be without PG Chris Paul after he injured his thumb.

The Suns crushed the Oklahoma City Thunder 124-104 Thursday as they padded the best record in basketball. Phoenix sits 6.5 games ahead of the Golden State Warriors in the Western Conference.

Losing Paul to a thumb injury definitely hurts, but this Suns team is well-equipped to survive his absence thanks to SG Devin Booker, C Deandre Ayton and SF Mikal Bridges. Booker leads the team with 25.5 points per game, and Ayton is averaging a double-double with 16.2 points and 10.2 rebounds.

Odds provided by Tipico Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated at 2:36 p.m. ET.

Pelicans

Suns (not officially submitted)

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Suns 117, Pelicans 108

This will be the Suns second game without Paul and while its obviously a blow to the team as a whole, they didnt show any ill effects from his absence Thursday. They beat the Thunder by 20 points, with Booker, Bridges and PF Cameron Johnson all scoring at least 21 points each.

I like the SUNS (-260) to win this one but Id much rather bet on them to cover the spread.

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The Suns have been quite good when it comes to covering the spread this season, going 33-26 ATS. Theyre only 1-2 ATS in their last three, but if you zoom out a bit more, theyre 6-4 ATS in their last 10 games. The Pelicans are also 6-4 ATS in their last 10 games but theyve failed to cover in four of their last five, including four games as underdogs.

The Suns are 5-1 ATS in their last six games against the Pelicans, a trend that I think will continue. Take the SUNS -6.5 (-105) to cover.

Not only have the Pelicans struggled on offense this season, but they have the ninth-worst defensive rating,and allow the eighth-highest field goal percentage to opponents.

I see the Suns having an efficient game offensively but the Pelicans wont carry their weight and will struggle to push this total over the line. Bet the UNDER 229.5 (-108).

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New Orleans Pelicans at Phoenix Suns odds, picks and prediction - USA TODAY Sportsbook Wire

Whatever the original hopes and dreams for social media might have been a place to connect, share, amuse, and perhaps distract from heavy issues it has all gone tragically awry. Disinformation, division, and disrespect will, unfortunately, be central to the legacy of Facebook, Twitter, and most of the other apps.

Every company trying to connect with the public needs to have a social media presence, however, and comparatively speaking, the online sportsbook accounts on Twitter are relatively harmless. Theyre not trying to sow discord or uproot democracy, as far as we can tell. Sometimes the tweets are funny, and for customers who use the sportsbooks, theyre often informative in terms of knowing what promos and boosts are available on a given day.

But they can also be incredibly annoying especially if you follow every major mobile sportsbook and begin to notice that there are certain Twitter tropes nearly all of them engage in. What follows is a countdown of the 10 most irksome types of sportsbook tweets, starting with the mildly irritating and overdone and building to the truly egregious and infuriating.

This is an all-but-necessary business practice and it can at times be informative, hence its appearance at the bottom of the top 10. Parlays are where the sportsbooks clean up. The hold percentage is three to four times as high as it is on straight bets. So it makes perfect sense that books want to promote winning parlays and encourage bettors to chase that (usually unattainable) dream. They all do it, from DraftKings to FanDuel to Caesars and the rest, and they often cant help but include the emoji described as money-mouth face:

Its fairly inoffensive, and sometimes a parlay hits thats so crazy that us journalists spin the tweets into an article, but at the same time, these tweets are a major jealousy trigger for the countless sports gamblers whove never seen one of their longshot parlays come in.

Every day, most of the sportsbooks offer a few odds boosts, and when one comes in, they celebrate it. Two problems: If you didnt bet it, you feel moderately bitter; if you did bet it, sure, you won money, but theres no pride in knowing you tailed a bet the sportsbook came up with. (And rarely do the sportsbooks tweet about it when their boost whiffs.)

Heres a recent example, complete with that money-mouth face again:

Yeah, it sucks when football season ends or when the NBA has a few days off for the all-star break. But its also OK to take a night off from betting every once in a while. In fact, its unhealthy not to step back on occasion. Anyway, this type of sportsbook tweet is innocent and amusing enough, but boy oh boy do all the social media managers seem to share a brain with these.

And lets acknowledge the bizarro cousin of the sad theres nothing to bet tweet, the uplifting happy theres something to bet post:

These take a few different forms, but what they all have in common is the risk of causing emotional distress for the bettor reading the tweet. Maybe youre on the other side of the bet and feeling bummed. Or youre on the right side of the bet, but it isnt over yet and your joy (and bankroll) could be fleeting.

Anyway, this is the classic sort of tweet thats playful and fun in theory, but carries a high likelihood of pissing people off.

Pretty much self-explanatory here. These GIFs were amusing the first 14,000 times you saw them, but maybe its time for Peele and Denzel to give way to a new generation of anxiety-oriented visuals.

This is one that can be useful for gambling reporters who may be inclined to write about particularly noteworthy wagers, but that usefulness is overruled for most folks by the way it rubs in that there are people out there who have a lot more money available to risk than you do.

By the way, while the FanDuel and BetMGM social teams were paying close attention in class, it appears the DraftKings tweeters were dozing off and missed the lesson about using the phrase big bet alert.

For Scott Van Pelt, bad beats equal great content. But for a bettor, is there anything worse than having what appeared to be the right side of a wager, only for it turn into the wrong side at the last second and seeing the sportsbook where you just lost money leaning into your pain?

If you work in social media, youre incentivized to come up with ways to get people to not just view a tweet or like a tweet, but respond to it, quote-tweet it, etc. And in a sense, the open-ended question to stimulate carefree discussion is perhaps emblematic of the pure spirit with which social networks were conceived.

But its also kinda pathetic to be fishing this hard for a response.

This is the desperately seeking engagement category dragged through a river of sewage. If these tweets dont annoy you, you might just need a complete personality overhaul.

This is the absolute worst, the nut low of sportsbook Twitter. These tweets are a complete unforced error by the operators and their social media teams, as they act as a kick in the gonads to any bettor who had a losing night.

Negative bonus points for using the money-mouth face emoji, obviously.

Photo: Shutterstock

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The 10 Most Annoying, Overused Types Of Sportsbook Tweets - US Bets

There has been a lot of chatter about consolidation in the sportsbook industry, but the chatter just put forward by Dave Portnoy, the face of Barstool Sportsbook well, it would shake the foundations of American sports betting.

In short: Portnoy believes Barstool Sportsbook, which is owned by Penn National Gaming, would be an ideal merger with DraftKings. (Penn National is also part-owner of Portnoys media site, Barstool Sports, with plans to become full owner.)

Like from and Im not involved in this I dont think there can be a more obvious synergy than between us and DraftKings, Portnoy said Tuesday on the latest edition of The Dave Portnoy Show with Eddie & Co. I think its game over if we merged. Honestly. I think that.

Im not involved in that, but if I looked around and my brains going, DraftKings, Barstool they have very good tech, they have the market share, they have to spend a ton, and theyre spending all this on marketing we could just erase that. All right, combine, were your marketing. I think its a total game changer. Who knows? Thats just me with no knowledge, no nothing, but to me its like, Oh my god, they have what we need, we have what they need, bang. Who knows?

Portnoys comments came during discussion of the gambling industry on his podcast with his co-host, Chicago Eddie.

It all started when Eddie asked Portnoy about DraftKings recent quarterly earnings report, a report that Wall Street didnt take kindly to.

You cant spend the money in this industry that is being spent on advertising and not get your f***ing ass kicked, Portnoy said. We dont do it, its a different model. DraftKings is saying, This is expected and just wait, because eventually companies will disappear and well have market share that is what theyre saying. They keep pushing the dates back [for achieving profitability].

Its just a brutal industry, and its hard to make money, and its hard to make money again, broken record when you have to spend so much to acquire your customers, Portnoy continued.

Notable: Before signing a deal to partner with Penn National, Portnoy had negotiations to team up with DraftKings, which he discussed during a Twitter Spaces conversation with Roundhill Investments last year. He did note, however, that Penn National was the only company to come forward with a solid offer.

DraftKings declined comment Wednesday on Portnoys comment/trial balloon/outrageous word salad, and emails to Penn National were not returned as of publication.

Photo: Jasen Vinlove/USA TODAY

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Dave Portnoy: DraftKings And Penn National Should Merge Sportsbooks - US Bets

Could the reigning NFL MVP be on his way to Denver? The already strong odds are improving, according to one sportsbook.

Green Bay quarterback Aaron Rodgers has +200 odds meaning a $100 bet would win $200 to be a part of the Broncos roster in Week 1, according to MaximBet. Denver is listed as the oddsmakers top landing spot if he leaves Green Bay.

The latest odds are an improvement over last week when MaximBet put Rodgers at +400 to go to the Broncos.

Pittsburgh and Tampa Bay (both at +600) have the next best odds, followed by San San Francisco (+700), Indianapolis (+1,000) and Minnesota (+1,200).

More speculation arose on Rodgers future Monday night after the 38-year-old Packers star posted a message on Instagram thanking teammates and coaches.

Meanwhile, MaximBet also released odds as to who will take the Packers first snap in Week 1. Green Bay backup Jordan Love (+200) is the favorite, ahead of 49ers Jimmy Garoppolo (+500), Seahawks Russell Wilson (+600), any rookie quarterback (+800) and Titans Ryan Tannehill (+800). Also of note at No. 14 among the 14 possible bets: Recently retired quarterback Tom Brady at +2,500.

Wilson, meanwhile, has +900 odds to join the Broncos in Week 1 the sixth-best odds among the 31 teams listed.

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Aaron Rodgers to Broncos? The odds are strong and improving, according to one sportsbook. - The Denver Post

Wisconsin Gov. Tony Evers has signed a new compact allowing sports betting at the Forest County Potawatomis tribal casinos. The deal was announced by both the governors office and tribal Chairman Ned Daniels Jr. through press statements released on Friday.

The amendment to the already existing gaming deal, in addition to now allowing for event wagering, also extends the compact to 2061. It is, however, still subject to US Department of Interior approval, and is set to undergo a 45-day review.

We appreciate Governor Evers and his administration working with us in a government-to-government manner to provide our tribe the tools needed to compete in the marketplace and giving us the business certainty to continue our investments in Milwaukee and throughout the state, Daniels said in a statement.

The compact amendment allows sports betting at the tribes two casinos in the Menomonee Valley and Forest County. The tribal nation expects to open a sportsbook facility at its Potawatomi Hotel and Casino in Milwaukee by the end of the year.

The compact also allows event wagering on non-sports events. The new operation will be overseen by the state Department of Administrations Office of Indian Gaming and Regulatory Compliance. The agency, which is tasked with ensuring regulatory compliance and the integrity of event wagering, is set to conduct on-site audits to that end.

I am glad for the good work of Chairman Daniels, the Forest County Potawatomi, and the folks at the Department of Administration to get this done so folks can enjoy sports and other event wagering in our state while benefiting the Tribes economic growth, Gov. Evers said.

The introduction of this new profitable vertical could provide the tribe a much-needed help as revenue at the Potawatomi Hotel & Casino faced a steep decline amid the Covid-19 pandemic. The casino posted $293 million during the 12-month period ended June 30, 28% below 2019, according to Milwaukee Journal Sentinel.

The new compact follows similar amendments signed with the Oneida Nation in July last year, and the St. Croix Chippewa in December. The new market launched in November 2021, at the Oneida Casino Main-Airport location, in Green Bay.

In addition to wagering on the states three pro sports teams -the Green Bay Packers, Milwaukee Bucks and Milwaukee Brewers-, Wisconsin bettors can also gamble on other non-sporting events, such as the Oscars. College sports are included in the offering, except for Wisconsin college sports. Mobile wagering is not permitted under current compacts.

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Wisconsin signs sports betting compact with Potawatomis; sportsbook to open by the end of 2022 - Yogonet International

With NBA All-Star Weekend in the rearview mirror, it is a good time to check out the latest Western Conference odds. Heading into this season, the Los Angeles Lakers were the odds-on favorite (+200) to win the Western Conference on DraftKings Sportsbook.

However, the market has changed a lot since October, as the Suns are the favorite (+170), despite them not having All-star point guard Chris Paul for 6-8 weeks. The Golden State Warriors have the second-best odds (+200), while the Utah Jazz have the third-best odds (+650). Below well look at how the current West odds and give our best bet on who will win the conference.

Phoenix Suns: +180Golden State Warriors: +185Utah Jazz: +650Memphis Grizzlies: +1100Denver Nuggets: +1500Los Angeles Lakers: +1800Dallas Mavericks: +1800Los Angeles Clippers: +3000Minnesota Timberwolves: +6000New Orleans Pelicans: +20000

The Suns have shown this season that their NBA Finals run last season was not a fluke and that they are serious contender for the title again. Phoenix has the best record in the NBA at 48-10. However, the Warriors, who just got Klay Thompson back in January, are still lurking and in striking distance to take that top spot in West.

But even if they cant get the top seed, Golden State will be a tough team to play in a seven-game series in the playoff. On the other end of the spectrum, the Lakers went from the odds on favorite to the conference to now having 18-1 odds. Los Angeles seemed like a lock to be to win the West with LeBron James, Russell Westbrook, and Anthony Davis. But Westbrook has struggled with the Lakers, while Davis has been battling injury. The only constant has been a 37-year-old James, who has not slowed down yet this season.

I know that the Suns have been the best team in the West and NBA this season. However, it seems like people have forgotten about how dominant the Warriors can be when they are healthy and clicking on all cylinders. Golden State in the playoffs with their core is a scary sight and something that nobody wants to see.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (MI/NJ/PA/WV/WY), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO/NH), 1-800-BETS OFF (IA), 1-888-532-3500 (VA), 1-800-NEXT STEP (AZ) or call/text TN REDLINE 1-800-889-9789 (TN). 21+ (18+ NH/WY). AZ/CO/IL/IN/IA/MI/NH/NJ/PA/TN/VA/WV/WY only. Eligibility restrictions apply. See draftkings.com/sportsbook for full terms and conditions.

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NBA predictions 2022: Western conference picks, betting odds, teams win totals at All-Star break - DraftKings Nation

(Getty)Steph Curry and the Warriors are 1-4 in their past 5 games, but are road favorites over the Trail Blazers Thursday night.

The Golden State Warriors head to Portland to meet the Trail Blazers in the Moda Center on Thursday night.

Despite dropping four of their five past games, the Warriors are favored. And if youre looking to get into the online sports betting scene to place a wager on the game, FanDuel Sportsbook has a risk-free bet promotion for new users up to $1,000.

Get a FanDuel Sportsbook account

If youre a first-time bettor with FanDuel, a partner of Heavy, simply create an account and place a real-money wager on any sporting event. If your bet doesnt win, your account will be issued site credit in the amount of your wager up to $1,000.

Heres how to get in on the action:

1) Create a FanDuel Sportsbook account.

2) Make an initial deposit of at least $10.

3) Place a real-money wager on any sporting event youd like.

4) Enjoy the game.

Claim this offer

This offer is for new users making their first bet on FanDuel Sportsbook only.

You dont have to place your wager on the Warriors-Blazers game as you can choose any bet the site offers, including spreads, totals, props, teasers, and more.

But while were talking about the Golden State-Portland showdown, lets take a look at the most recent betting odds and trends.

Odds from FanDuel Sportsbook

Point Spread: Warriors -9.5

Moneyline: Warriors -405 & Trail Blazers +320

Over/Under: 223.5

The Warriors are 42-17 straight up (SU) on the season and 16-11 in away games, while the Trail Blazers are 25-34 with a 16-16 mark at Moda Center. Golden State is 36-11 as a favorite; Portland 11-23 as an underdog.

Golden State has a 29-26-4 record against the spread (ATS) and 12-13-2 on the road. Portland is 25-34 ATS overall and 15-17 at home.

When it comes to the over/under (O/U), the Warriors are 24-33-2 overall (11-16 away) and the Blazers are 29-30 on the season (14-18 at home).

The Warriors have won both meetings with the Trail Blazers this season. Both wins came at home with Golden State claiming 118-103 and 104-94 victories.

Get a FanDuel Sportsbook account

Betting trends provided by Odds Shark

Warriors Trends

Trail Blazers Trends

Stats provided by Odds Shark

Over the past 10 games:

Over the past 3 games:

Bet the Warriors on FanDuel Sportsbook

While many states are pushing to legalize online sports betting, currently there are only 14 states where FanDuel Sportsbook has launched.

So you must be present in one of the following to place an online wager: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, and West Virginia.

You also must be at least 21 years old to participate.

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Bet on the Warriors Risk-Free This Week - Heavy.com

Online sportsbook sites in Louisiana raked in more than $40 million in less than a week of operation, a number experts say is the best four-day debut for any new market in the country. But it's not all good news. At the same time Louisiana State Police gaming auditors say that the six gaming sites licensed to operate in Louisiana report collective losses of nearly $9 million over those same four days.

In a Louisiana Radio Network story, LSP auditor Donna Jackson explains the apparent contradiction. The negative net proceeds include a deduction of $11.7 million for promotional wagers," Jackson says.

The law that allows gaming sites to operate in the state includes language that lets them deduct up to $5 million annually for "promotional spending." Collectively, the six operators spent nearly a third of their yearly credits during their opening weekend. And according to State Police, one operator has already written-off the entire seven-figure allocation.

Another LSP auditor, Jeff Traylor, tells Louisiana Radio Network, "Ifyou add it all up, it would be $30 million combined between those six. And they used about a third of that in the first four days. So, thats a significant amount.

Both analysts and State Police auditors say the plan to begin sports gaming with the NFL playoffs and the Super Bowl was the biggest reason behind the sites advertising push. They also say that operators claiming those deductions means more money for the state in the long run.

It also means that sports gamblers across Louisiana can expect an advertising barrage every time a major event approaches. That includes college basketball's March Madness, the Masters golf tournament in April and the NBA playoffs beginning soon after.

These NFL players were born in Shreveport, and won Super Bowl rings during their careers.

Seven Disabled Athletes Who Made It to the Top

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Sportsbook Sites Spent Millions on Ads; Did They Make It Back? - News Radio 710 KEEL

Youve heard of fuboTV. But are you familiar with Fubo Sportsbook? We walk you through how the two companies are linked, what makes them unique, and why you should make a bet on Fubo Sportsbooks future growth in the gaming industry.

Many of you will be familiar with the fuboTV name by now. For soccer fans, its one of the best streaming services for sports, entertainment and news.

And, while streaming has changed every way you watch your favorite team, being able to bet on them is changing even faster. For years, regulations on sports betting in the United States limited betting to offshore websites and trips to a couple of different cities.

Now, as regulations begin to ease, betting on soccer is becoming very interactive and accessible.

One of the newest members to the market is Fubo Gaming and Fubo Sportsbook. Fubo Gaming is a subsidiary of what many recognize as fuboTV, Inc. Fubo Sportsbook is the consumer-facing brand.

Since launching, Fubo Sportsbook has market access in Iowa, Arizona, Ohio, Pennsylvania, Texas, New Jersey and Indiana. And just recently, Fubo Sportsbook has added market access to three more states: Louisiana, Mississippi and Missouri.

As of writing, only two of these states, the aforementioned Arizona and Iowa, can actively place betscurrently. Therefore, in order to make wagers, you must be physically located in Arizona or Iowa. This will continue to change and include more states as they are granted their pending regulatory approvals. Still, for those outside Arizona and Iowa, users can have an account with withdrawal and deposit features.

READ MORE:Houston Dynamo partner with Fubo Gaming

fuboTV was one of the early streaming options to go heavy on sports including soccer. Recently, fuboTV reached agreements with companies such as Caesars Entertainment Inc, and the Ak-Chin Indian Community. These agreements allow access to setting up mobile gaming in different states.

Fubo Sportsbook offers gamblers many of the customary betting options through their website or Fubo Sportsbook app. Odds exist for a variety of competitions. For example, there are league matches in Spain to CONCACAF Champions League matches in the Americas. Fubo Sportsbook also updates with live odds to allow for betting to occur while the matches are played.

The most common bet to make is the money line bet. In the example below, you can bet on either team to win or a draw. Each option comes with different odds and different payouts. For instance, the odds displayed show the potential winnings on a $100 bet. Taking a closer look at a recent Inter-Liverpool match, if you bet $100 on Liverpool to win and they did, the bet would pay out $115 in winnings on top of the $100 wagered for a total of $215. Furthermore, those that bet $100 on a draw would receive a total of $350. Then, $100 on Inter Milan yields a total of $315 if Inter won.

Also, Fubo Sportsbook goes beyond results within fixtures. There are Futures Bets and Proposition Wagers that users bet on. For example, with MLS starting up for the 2022 season, bettors can pick an MLS Cup champion, each with individual odds.

In the example above, New England Revolution and Seattle Sounders are considered the co-favorites to win the MLS Cup. Much like with the single game bet, an $100 wager on the Revolution to win MLS in 2022 would pay a total of $575. Teams with larger odds will pay more but their perceived chances of winning the league are considerably lower.

In addition to Futures Bets, Proposition Wager or Prop Bets are also available with Fubo Sportsbook. This means you can bet on anything from the timing of the next goal, to who will score a goal, and even how many corners a team will take.

For sports fans in Iowa or Arizona, Fubo Sportsbook is currently offering a credit of $150 if your first bet is at least $20. Plus you get a month of fuboTV. Activate the offer and use promo code BET2GET at signup.

What makes Fubo Sportsbook so unique is its ability to connect with the streaming fuboTV to offer the most relevant odds and allow for interactive gambling. Beyond the pre-match odds, Fubo Sportsbook continues to update to take into account what has happened in the past and what are the chances the outcome will remain the same or change by the final whistle.

Through Fubo Sportsbooks proprietary feature Watching Now, gamblers logged into their app will be shown live odds for the event they are currently streaming. It is able to sync live whether you are streaming fuboTV on a Roku, Apple TV, Fire TV, Samsung TV, or LG TV. If you change the game or sport you are watching, it will update on your app to show you the most relevant wagers currently available.

The sports watching and sports betting landscape continues to change each day. Fubo Gaming has already entered into partnerships with the likes of Houston Dynamo and Cleveland Cavaliers. Expect this trend to grow and give viewers and bettors a completely unique experience from their own home.

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Make a bet on Fubo Sportsbooks growth in the gaming industry - World Soccer Talk

Gambling and the United States of America are inextricably linked. In the 18th century, lotteries were used by the central government to fund the building of cities, the establishment of universities, and even to financially support the Revolutionary War efforts.

In the decades and centuries that have followed, the United States approach to gambling has flip-flopped between moral outrage at the industry and nationalistic pride over Americas world-famous gambling MeccaLas Vegas.

Is there anything more distinctly American than this dramatic polarization? Even now as you read this article, the USAs gambling stance is hazy. In some states, you are free to walk into a casino and bet your entire life savings on red or black, whilst you are strictly forbidden from betting even a dollar online.

Fortunately, though, in a growing number of states Americans are free to open up a sports betting app on their phone, find out the latest NFL betting odds, and back their team to win the Super Bowl.

In this article, I take a look at how modern technology is impacting the sports betting industry and what it means for you, the consumer.

Before we jump right in lets get a couple of things straight. The Professional and Amateur Sports Protection Act of 1992 effectively outlawed sports betting in any form across the nation. Fortunately for sports fans, the Supreme Court declared the law unconstitutional in May 2018.

This has meant that since then sports betting in the United States has been for nearly 4 years. The final decision on legalizing sports betting has been left to individual states to decide upon, which means there are still many places where you cant place online sports bets.

Fortunately, ESPN has put together a Sports Betting Map of the USA which you can view by clicking HERE. If you live in Idaho, Wisconsin, Utah, or any other state with tough anti-sports gambling laws, by all means, enjoy this article but do not try and place a sports bet afterward.

Before we start delving down into the minutiae of online sports betting, its important to acknowledge the most important technology that has helped the industry the mobile phone itself.

85% of Americans own a smartphone that is capable of operating a sports betting app thats staggering. That means that around 282 million Americans could place a bet on any sport of their liking in just a few taps of their fingers.

This simple fact has boosted engagement in sports betting astronomically. It is the reason that the states offering legal online sports betting are routinely posting monthly revenues in the millions. To see that in effect, take a look at Pennsylvanias sports betting revenues.

The Coal State took the decision to legalize online sports betting in May 2019. In the month before, Pennsylvanias sports betting revenues for April 2019 stood at $4.2 million. For October 2021 the figure was $42.2 million and for November 2021 revenues doubled to $84.9 million.

Its a similar story for the vast majority of states; legalized online sports betting increases revenues dramatically. For that, we have the smartphone to thank, without it tens of millions of Americans wouldnt have access to sportsbooks.

Finally, lets take a look at some of the finer points of technology that are contributing to the success of online sportsbooks:

AI: In the 1980s if you were an English soccer fan and wanted to bet on the weekends FA Cup games, you would have to go to your local sports betting shop and ask the manager to provide you with special odds.

Now you can open your phone and have access to odds that change minute-by-minute based on team news, weather forecasts, and a myriad of other reasons. Thats thanks to AI and machine learning.

Most sportsbooks utilize AI and machine learning to come up with odds for some of their more niche markets. This gives customers accurate, up to date and fair odds and allows companies to branch out into more diverse betting markets.

Safety: To use the 1980s analogy once again there was little recourse if things went wrong with an unscrupulous provider. Nowadays the technology used by online sportsbooks is so safe and reliable that issues regarding withdrawals and deposits are incredibly rare.

Blockchain: This brings us on to our final technological pointer; crypto-betting. You might not have heard of it before, but it is definitely happening, and for good reason too! Many leading sportsbooks are utilizing Blockchain technology to allow their customers to pay with crypto.

This makes the incredibly safe process of depositing and withdrawing funds with an online sportsbook even safer

All in all, the online sports betting industry is using the minutiae of technology to better enhance the safety and security of its playing base. The biggest impactor on the industry though has been the smartphone. Without it, its hard to imagine a world in which Pennsylvania would be posting monthly sports betting revenues of nearly $100 million.

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The Technology Behind Sportsbooks - TechSpective