Category Archives: Sportsbook

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Jesse D. Garrabrant/NBAE via Getty Images. Pictured: Devin Booker, Giannis Antetokounmpo.

Feb 10, 2022, 04:26 PM EST

Attention Arizona: Fubo Sportsbook is live in the Grand Canyon State and not a moment too soon! Thats right. The worlds only sports-focused live streaming service is also in the sportsbook space.

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Fubo Sportsbook Arizona Promo: Bet $20 on the Suns, Get $150 + 1 Month of FuboTV FREE! - The Action Network

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Getty Images. Pictured: Bengals WR JaMarr Chase, Rams WR Odell Beckham Jr.

Feb 10, 2022, 04:30 PM EST

Iowa, meet your newest sportsbook: Fubo Sportsbook!

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Fubo Sportsbook Iowa Promo: Bet $20 on the Super Bowl, Get $150 + 1 Month of FuboTV FREE! - The Action Network

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Canada is another step closer to legalizing single-event sports betting, with a new bill proposing to overturn a federal ban on this kind of wagering recently securing approval in the House of Commons.

Currently, Canadian law only allows for parlay bets, meaning wagers must be placed on multiple selections, all of which have to come good for the parlay to win. If Bill C-218 becomes law, however, the market will potentially be opened up to sportsbooks offering single-event bets. It will signal the start of a new era, just as the overturning of a similar federal law in the US did in 2018.

Although technically outlawed, single-event gambling has not been impossible in Canada. Speaking in parliament, MP Kevin Waugh pointed out that single-event sports gambling is a $14 billion dollar industry in Canada, with the money going into the pockets of off-shore betting sites and black market bookies.

Summing up the problem with illegal betting, Waugh said, There are no consumer protections in place. There are no problem gambling programs offered and no guidelines that bookmakers are required to follow. This also means that the economic benefits are not being felt by Canadians.

While Canada may be poised to enjoy a big cash injection through the legalisation of single-event sports betting, what about the issues that come with opening up legal gambling? Canada will inevitably want to look at other nations which have long since allowed it, and learn lessons from the challenges and controversies theyve dealt with.

Problem gambling and young fans

One of the issues with opening up sports betting is the potential risk of a rise in problem gambling. According to a study by the University of Guelph, sports bettors are at a higher risk of problem gambling compared to other types of gamblers. However, the problem isnt so much with sports betting itself, as it is with the typical personalities of people who enjoy betting on sports. According to the researchers, sports gamblers tend to have a more optimistic, idealistic attitude towards gambling compared to non-sports gamblers.

Since the US Supreme Court repealed the Professional and Amateur Sports Protection Act (PAPSA) in 2018, a whole string of states have chosen to allow legal sports betting, yielding useful data on gambling patterns. A large-scale study by the American Gaming Association shows that 69% of sports bettors are male, with 45% in the 23-34 year old age bracket.

The takeaway from such research is that gaming authorities and charities in Canada may need to focus particular attention on younger, male gamblers who can so often fall into risky behaviour patterns. At the same time, lessons should also be learned from countries like the UK, where the widespread availability of betting sites on platforms like smartphones has seen a steep rise in women problem gamblers. Experts have highlighted that social stigma rooted in expectations that women are level-headed caregivers can lead to females flying under the radar when it comes to gambling addiction.

The UK has a long-established sports betting market, with gambling being further opened up with the Gambling Act 2005. An issue that has caused concern is the potential targeting of adolescents by gambling firms. A recent University of Stirling study showed that 96% of 11-24 year olds had seen some sort of gambling marketing in the previous month.

While there have been attempts to mitigate the issue for example, by banning gambling adverts during live sports games broadcast before 9pm controlling the problem on social media has become more of a challenge. Social media accounts for betting companies may feature content thats interesting to young sports fans, especially when it comes to esports. This is another potential minefield that legislators in Canada may have to navigate.

Normalization of sports betting

Canadian lawmakers may also want to consider the significant controversy around how marketing sports betting can inextricably link sports with gambling within the culture. One of the countries with the highest gambling losses per adult is Australia. In 2017-18, this stood at a huge $1,292 AUD per adult for the year, with sports betting losses seeing the largest percentage increase. A 2017 article in the Harm Reduction Journal explored the normalisation of gambling in sports, and concluded that marketing aimed at young men was strongly linked to this mindset.

Many participants in the Australian study talked about how sports commentary links the game with gambling, using specific betting language and focusing on performances and stats. Some sports broadcasts rely on odds given by bookmakers, even crossing over to them during the broadcast to give live odds. In the words of the report, Most participants stated that crossing to bookmakers throughout the match had become such a normal part of the game that they rarely thought to challenge the presence of these forms of promotions.

In the UK, theres been fiery debates around gambling companies advertising on soccer shirts. Eight Premier League teams currently advertise gambling companies on their team kit, while money from the gambling industry is also poured into lower-level leagues. Campaigners in the UK have long been voicing strong opposition to this influence, though they have had pushback from figures within football who cite the lifeline that lucrative sponsorships have brought the sport, particularly during the economic catastrophe of Covid-19. A new era of sports gambling in Canada may well bring such debates to the Great White North.

Creating laws and setting limits

Another challenge is getting gambling legislation right. For example, the UKs Gambling Act 2005 was written at a time when online sports betting was still evolving, before the rise of smartphones made it accessible in an unprecedented way. The UK is set to update its gambling laws in 2021, and its speculated that there may be sweeping changes regarding online stake limits, deposit payment methods, and advertising. There will also be a review of VIP and loyalty schemes, which often target sports bettors, and can carry a higher risk of fraud and problem gaming.

Right now, many companies operating within the industry including sites aimed at Canadian bettors make a point of applying their own regulatory standards. For example, affiliate site BestOnlineCasino.ca vets its listed operators, making sure they meet compliance standards before recommending them to users.

Reputable online casinos and sportsbooks also have their own policies and tools to help people gamble responsibly, from deposit limits to algorithms that can detect risky behaviour.

The upshot is that, if and when Canada brings in single-event sports betting, it will have other countries experiences to draw on, and legislators will no doubt be looking around to see what kind of laws have been introduced and whatll need to be included from day one.

As such, it could be argued that Canada has a significant advantage over other countries which implemented sports betting years or decades ago. While places like the UK have had to tweak and adapt legislation over time (with the UK Gambling Commission recently slapping online casinos with new rules on how slot games operate, for example), Canada will have a much clearer view of the ramifications of sports betting. Its clear that the lawmakers know the potential impact of legalisation, but now its up to them to ensure they build a framework for safe and fair gambling in the country.

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PROLINE by OLG Becomes the First Official NFL Sportsbook Partner in Canada - European Gaming Industry News

BALTIMORE- Marylands first five sports wagering facilities completed their first full month of operations inJanuary 2022and combined to contribute $644,098 to the Blueprint for Marylands Future Fund, which supports public education programs, Maryland Lottery and Gaming announced Thursday. Each sports wagering licensee contributes 15% of its taxable win to the state.

Here are the statewide sports wagering totals forJanuary 2022:

Handle (Amountplayers wagered, including promotional wagers provided to players by sportsbooks):

$32,530,831

Prizes (Winnings paid to players):

$28,155,515

Hold (Handle less prizes paid):

$4,375,316 (13.4%)

Taxable Win (Amount remaining after paying winners and deducting promotional play and other amounts):

$4,293,989

Sports Wagering Tax (15% of the taxable win):

$644,098

The hold percentage for all wagers placed during January was 13.4%, and for wagers that were settled during January, the hold percentage was 13.97%. Since the inception of the sports wagering program inDecember 2021, the hold percentage for settled wagers is 10.61%.

MGM National Harbor, Live! Casino, Horseshoe Casino, Ocean Downs Casino and Hollywood Casino began their sportsbook operations duringDecember 2021with openings occurring from Dec. 9 to Dec. 23. Additional facilities are expected to open in the near future.

Maryland Lottery and Gaming operates the Maryland Lottery and is responsible for regulatory oversight of the states casinos and sports wagering program. In this role, the agency provides direction and guidance to its casino and sports wagering partners on financial, security, regulatory and licensing procedures. To keep Marylanders informed and to maintain transparency of casino and sports wagering operations, monthly financial reports are posted onmdgaming.com.

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Md. Sportsbook Facilities Contribute $644K to the State in First Full Month of Operations - WBOC TV 16

Yes, that's none other than JB Smoove. Comedy fans probably know him best as "Curb Your Enthusiasm" cast member Leon Black. Leon originally joined the show in the Season 6 premiere, "Meet the Blacks," which aired in 2007. That episode kicked off the season-long storyline about Larry (Larry David) and Cheryl (Cheryl Hines) taking in a family who had been displaced in a hurricane. While the rest of the Black family didn't stick around after Season 6 except for Loretta (Vivica A. Fox), whom Larry briefly dated in Season 7 Larry allows Leon to continue crashing at his place. Eventually, Leon becomes a permanent houseguest, Larry's friend, and his advisor on everything from race relations to household maintenance. In the most recent season, Season 11, Leon starts a "house husband" business where he gives people advice like a traditional husband would, on matters like car repair.

Besides "Curb," Smoove has been a series regular on two recent other shows: ABC's "The Millers," which ran from 2013 to 2015, and BET's "The Real Husbands of Hollywood" (2013-2016). He's also appeared in several films, including "Spider-Man: Far From Home," "Spider-Man: No Way Home," and "The Smurfs 2." Overall, Smoove has 87 film and TV credits, and you'd be hard pressed to find one of them in which he's not a delight (via IMDb).

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Who Is The Actor In Caesar's Sportsbook Super Bowl 2022 Commercial? - Looper

Winners of three straight, the 38-18 Memphis Grizzlies now turn their attention to the 12-42 Detroit Pistons. WynnBET has the Grizzlies as 12-point favorites and -700 on the moneyline (bet $70 to win $10) while the over/under is 225.

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This is how were betting this game:

This one almost seemstoo easy. Memphis has covered the spread in six of their last seven and has won 16 of their last 20. Theyre coming off blowout wins over the Clippers and Magic and are rolling on all cylinders right now.

Meanwhile, Detroit is just 1-9 in their last 10 and has failed to cover in four of their last five, getting blown out by the Mavericks in their last game.

Maybe youre like me and grabbed the Grizzlies yesterday at +2500 to win the Finals or maybe youre waiting until after today when they molly wop the Pistons. Because thats whats going to happen here. Detroit hasno chanceto hang with Ja Morant and Memphis today unless the heavens open up and Cade Cunningham and Jerami Grant get blessed by the Holy Spirit itself.

The Grizzlies are 37-19 against the spread and have the 6th-best offensive rating and 7th best defensive rating on the season, while Detroit is dead last in net rating with a bottom-five offenseanddefense. Elite teams destroy terrible ones, and we have a matchup today of a true Finals contender versus a garbage can.

Im all over Memphis -12 (-110) as they should handle the Pistons with ease. If it looks like a duck, quacks like a duck, and smells like a duck, it just might be an easy Grizzlies cover today.

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Grizzlies vs Pistons Prediction and Promo: Bet $10, Win $200 at WynnBET Sportsbook - Beale Street Bears

The Brooklyn Nets (29-25) head to the nations capital to play the Washington Wizards (24-29) Thursday. Tip-off at Capital One Arena is scheduled for 7:30 p.m. ET. Below, we look at the Nets at Wizards odds and lines, and make our expert NBA picks, predictions and bets.

Washington is 1-8 straight up (SU) and against the spread (ATS) over its past nine games including back-to-back losses to the Suns (95-80 Saturday) and the Heat (121-100 Monday).

Brooklyn has lost nine consecutive games (1-7-1 ATS). Each of the last three losses were by 20 points or more (Jazz 125-102 Friday, Nuggets 124-104 Sunday and the Celtics 126-91 Tuesday).

The Nets are 2-0 SU and ATS in their first two meetings with the Wizards this season and the total is 1-1 Over/Under (O/U).

Also see:Bet Slippin Podcast: NBA February 10 breakdown

Odds provided by Tipico Sportsbook; accessUSA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated at 11:49 a.m. ET.

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Nets

Wizards

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Wizards 120, Nets 105

LEAN to theWIZARDS (-145) only because Im confident enough in them to lay the points but wouldnt mind a bet on their money line (ML).

Both teams have been playing awful lately. In fact, the only team with a worse net rating than the Wizards over the past nine games has been the Nets.

But Washingtons losses are more excusable since it has less top-tier talent and the Wizards have played a murderers row of opponents recently.

Here are Washingtons past five opponents with their net ratings in parentheses: Miami (tied fourth), Phoenix (tied first), Philly (tied ninth), Milwaukee (tied fourth) and Memphis (third).

Furthermore, I give the Wizards a massive motivation edge. Washington PGSpencer Dinwiddiewas a former Net who was traded to the Wizards so Brooklyn could avoid paying more luxury tax.

Dinwiddie should be excited to kick the Nets while they are down.

Also, Washington needs this game more than Brooklyn. The Wizards are 1.5 games back of the Hawks for the 10th, the final play-in seed in a competitive East.

The bottom line is this Nets thing stinks and the Wizards are playing the only team performing worse than them at home.

BET WIZARDS -2.5 (-115) for 1.25 units unless you take Washingtons ML.

The ATS trends for both teams are ugly but they are far worse for the Nets. During its 9-game losing streak, Brooklyn has the worst ATS margin in the NBA (minus-9.1), according to CleaningTheGlass.com (CTG).

Plus, Nets PG Kyrie Irvingisnt a player that can be the leader of a winning team. When he is on the floor without Harden or KD this season, Brooklyn is outscored by 3.3 points per 100 possessions and has the worst rebounding rate in the Association.

GIMMEtheWIZARDS -2.5 (-115).

Slight lean to theOVER 217.5 (-115) for a tiny wager, if at all, because I much prefer the Washington side.

However, Brooklyn cant play any defense and has the worst defensive-rebounding rate over the last nine games. Washington SF Kyle Kuzmaand C Montrezl Harrelcrash the glass and can get easy second-chance points in this matchup.

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Brooklyn Nets at Washington Wizards odds, picks and predictions - USA TODAY Sportsbook Wire

In an exclusive interview with Yogonet, Tigran Sharafyan, Head of International Offices at global iGaming software solutions provider Digitain, explains the companys plans for the upcoming GAT Expo Cartagena (March 15-17, Colombia) and SAGSE Latam (March 30-31, Argentina)expositions. He further reflects on the companys performance during 2021, and shares Digitains future expansion plans in the recently regulated and soon-to-be regulated jurisdictions of the Latam region.

What are your prospects for GAT Cartagena this year?

GAT is a great opportunity for us to showcase our product line and our participation here is important as it is one of the key iGaming events in LatAm. As I always say, regional events like this offer a great chance not only to get to know new people and sign new partnerships but also to meet our existing partners and discuss new potential opportunities. So, the expectations from the event are pretty high and we are looking forward to having a productive show.

Are you bringing any specific innovation or any product that you want to stand out from the rest?

We are coming to GAT first of all with a much more content-rich sportsbook product which, for Digitain, is the product of main focus. Here I want to especially mention that we have recently crossed the line of 90,000 monthly live events which is an outstanding result forour trading department. Also, we have been constantly working on new sportsbook features which can benefit our partners in multiple ways equipping them with best-of-breed tools for player acquisition, retention, risk, and margin management and increasing the overall player satisfaction on sports betting.

You will also be present at SAGSE Latam in Buenos Aires, what will be your proposal there?

Product-wise the offer will be pretty much the same as in GAT. With Argentina being a sports-focused country too, the sportsbook is again going to be our leading product offer. We also have other gaming verticals of our own development, which have started to generate more and more interest in Latam.

At the end of 2021 you achieved GLI certification for your own sports betting platform, what role will the vertical play for your 2022 proposal?

In fact, we received GLI 19 & 33 certifications not only for sportsbook products but also for our platformsolution where the user management part resides. GLI was really an important accomplishment when it comes to compliance, first of all, because it is famous for its strict guidelines, and being compliant with such guidelines, we expect, will make the road less bumpy for us when it comes to other certifications and licensing procedures that we will go through in future. And of course, this is a good prerequisite for Digitain to show more presence in regulated markets like Colombia where GLI is accepted as an official standard.

Also,it seems that Live Casino will have a hierarchical place in Digitain's actions, with the appointment of Matthew Charlesworth to head the category. What are your goals there?

Live Casino is a relatively new direction for Digitain when it comes to our own product line. And I want to mention here that we spent a considerable amount of time conceptualizing and planning the vision of the product as we really wanted to come up with a high-quality product that will successfully earn its well-deserved place in todays crazy competition among industry peers. In this respect, we are proud to have Matthew on the team as one of the industry-leading specialists in this vertical.

The legalization of gaming in Brazil is still on the agenda for this year, and in the LatAm region different regulations are advancing by leaps and bounds, are you looking to take advantage of the full potential of these markets?

It is already a long time since Brazil has embarked upon legalizing sports betting in the country and I hope it will eventually happen this year. For Digitain, Brazil is a strategic country here in LatAm as we really have a very good football offering and localized interface. With more and more LatAm countries gradually taking real steps to legalize gaming, this opens new doors for gaming companies like Digitain. With this in mind, as per our regional expansion strategy, we are looking forward to having a LatAm-based commercial unit that will be responsible for identifying new business opportunitiesfor Digitain.

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"The sportsbook will be our leading product offer at GAT Expo and SAGSE Latam" - Yogonet International

In a rare rematch of a game that happened just yesterday, the 28-25 Minnesota Timberwolves take on the 20-35 Sacramento Kings tonight at 10:00 PM EST. The Timberwolves hope for a similar result to yesterdays 134-114 beatdown as they look to extend their winning streak to six games.

WynnBET has Minnesota as 8-point favorites and -360 on the moneyline (bet $36 to win $10) while the over/under is 232.5.

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Your part is easy. Just sign up for WynnBET using this link, make your first deposit and wager $10 on any spread, over-under or moneyline with odds of -120 or greater (e.g., -110, +150, +2000) as your first bet. Whether that first bet wins, loses or pushes, youll win $200 in free bets on top of your original bet! Its that simple.

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This is how were betting this game:

I doubt this line stays at only eight throughout the day, so Id move quick to grab the Timberwolves.

Not much has changed from yesterday to today. The Kings traded what seems like half their roster away for Domantas Sabonis and he wont play, so itll be DeAaron Fox and the Little Rascals against a Minnesota team that is on absolute fire.

The Timberwolves have now scored at least 115 points in six straight games and rank 2nd in the league in offensive rating over their last 15. They likely wont shoot 22/44 from beyond the arc like they did last night, but they wont need to.

Sacramento has a bottom-10 offense and the 25th-ranked defensive rating over their last 10. And all those games came with Buddy Hield and Tyrese Haliburton, whom they just traded away.

Minnesota should roll to another easy win. Im tempted to grab the over after yesterdays game put up 248 points, but the line being at only 232.5 feels like a trap. Indiana Jones I am not, but I can dodge a good trap from time to time.

Thus, Im sticking with just the Timberwolves -8 (-110) as they continue to rise in the Western Conference standings.

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Timberwolves vs Kings Prediction and Promo: Bet $10, Win $200 at WynnBET Sportsbook - Dunking with Wolves

LAS VEGAS, Jan. 31, 2022 /PRNewswire/ --Colorado sportsbooks ended 2021 on a roll, with monthly wagering in December approaching $500 million for the third consecutive month even as it slowed from October's and November's high-water marks. December's brisk pace was the final chapter in a year that generated $250 million in revenue on nearly $4 billion in wagers, making Colorado the sixth largest state in terms of annual betting volume in a rapidly expanding U.S. market, according to PlayColorado, which tracks the state's regulated sports betting market.

"The last three months of 2021 really put an exclamation point on what has been relentless growth all year," said Ian St. Clair, lead analyst for PlayColorado.com. "Coloradoans continue to wager at a pace on par with more populous states, and it is still a market that has not yet fully matured. The state's sportsbooks are in a really good place."

Colorado's online and retail sportsbook took in $461.4 million in wagers in December, up 62.6% from $284.6 million in December 2020, according to data released Monday by the Colorado Division of Gaming. December's handle which included $454.9 million in online bets, or 98.6% of the total handle extended a hot streak that included $475.4 million in November and a record $491.5 million in October.

Bettors fared better in December after sportsbooks won a record-shattering $36.8 million in gross revenue in November. But Sportsbooks still grossed $24.7 million from December's bets, which was up 44.2% from $17.2 million in December 2020. Net sports betting proceeds fell to $5.3 million from $5.7 million in December 2020, well short of the record $19.3 million in November. The month's win yielded $770,370 in state taxes, breaking a two-month streak of tax revenue greater than $1 million.

The first full year of legal sports betting in Colorado brought explosive growth throughout. In 2021, Colorado sportsbooks generated:

"By nearly every metric Colorado is hitting above its weight class, with the exception of the tax revenue sports betting generates," said Eric Ramsey, analyst for the PlayUSA.com network, which includes PlayColorado.com. "Importantly, tax revenue ramped up at the end of the year, which is a positive development. That could continue as the market expands and sportsbooks begin to taper their promotions."

One reason why sportsbooks were able to finish the year on a high note is the increasing popularity of basketball betting, particularly the NBA. Pro football was the hottest ticket in December with $136.5 million in wagers, down slightly from $140.3 million in November. But pro basketball was just behind with $125.5 million in bets, up from $124.7 million in November.

In the end, it was pro basketball that drew the most bets in 2021 with $958 million in wagers. Meanwhile, pro football took in $689.2 million in 2021.

"Interest in the Nuggets combined with the Broncos' struggles contributed to the leveling of interest in football and basketball in December," said Ian St. Clair, lead analyst for PlayColorado.com. "Football is popular in every legal U.S. market. But a hallmark of the highest volume U.S. markets is that the NBA, with its 82-game regular season and long postseason, tends to be a more consistent bet producer than the NFL. Colorado is clearly fitting into that pattern."

For more: PlayColorado.com/revenue.

About the PlayUSA.com Network:

The PlayUSA.com Network and its state-focused branches is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

Contacts:Zack Hall, Catena Media, 1-775-338-0745, [emailprotected]

SOURCE PlayColorado.com

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Sportsbooks Cap 2021 With $460 Million in Bets in December - PRNewswire