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Sun, 18 July 2021 18:10:10 +0000

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п»їBest 5 Sports Betting Sites Online 2020 | Top Sportsbooks.
Sports betting on the Internet can be a thrilling experience for anyone. If you want your sports betting experience to go off without a hitch, however, you need to find the right website. Thankfully, the Internet is home to quite a few appropriate sites that can provide users with top-notch experiences. Be sure to check them out as soon as you get the chance.
#1 Bovada.
If you’re keen on sports betting online, then there aren’t many website options that can even compete with Bovada. People who have penchants for gambling on the Internet often can’t turn away from this option. It presents users with an abundance of diverse choices as well. Some examples of these are baseball, basketball, and golf. It doesn’t matter what your specific sport preferences are. Bovada can help you attain an online betting experience that’s one for the record books, period. When you’re on the lookout for the best sports betting sites, then Bovada without a doubt should be on your radar. Fans of sports betting online frequently gravitate to Bovada and to all of its choices. Registration with Bovada can be a delight as well. That’s due to the fact that newbies can receive thrilling perks as incentives. If you like the concept of betting on hockey, basketball and the like, then you won’t be able to resist paying a visit to Bovada. Tennis bets have never been quite so pleasant online.


Best 5 Online Sports Betting Sites 2021 – Top Rated Sportsbooks.
When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.
#1 Bovada.
Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.
Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.
Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.
#2 BetOnline.
Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.
You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.
Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.
#3 MyBookie.
MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.
Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.
With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.
Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.


Best Bitcoin Sports Betting Sites.
February 6, 2021.
Betting on sports using Bitcoin has become a lot simpler than you can imagine. Recently, sportsbooks have been more accepting of Bitcoin bets and even give out larger bonuses for users who use cryptocurrencies, opposed to those who stick to traditional currencies. It’s also much nicer being able to both play and win in BTC.
We list the Top Bitcoin Sports Betting Sites.
#1 – Cloud Bet.
If you are looking for a safe and reputable bitcoin casino with multiple betting options, including sports betting and esports this is your best option.
You can literally bet on every major sporting event including NFL & NCAA football, NBA & NCAA basketball, MLB, NHL as well as boxing, rugby, MMA, and much more.
This is by far the best bitcoin focused sportsbook.
#2 – Bovada.
This is one of the oldest sports books in the world, and they were also one of the first to focus on offering bitcoin deposits and withdrawals. A clear favorite Bovada offers betting on all of your favorites sports, they also offer a world class casino, poker rooms, live dealers, and much more.
#3 – Bet Online.
Bet Online has an impeccable reputation and they have achieved this by offering some of the best customer service in the world, along with great odds. You can wager in BTC, and they offer options to wager on nearly any sporting event that you can think of. They also offer all new players a generous sign-up bonus. Also check out the great casino games.
#4 – Sports Betting.
A global leader in offering world class sports betting, they offer multiple cryptocurrency deposit options including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Ripple (XRP) and Stellar (XLM).
#5 – GT Bets.
This is another solid option for players who are want to wager on sports using Bitcoin (BTC) or other cryptocurrency. This is a smaller outfit than the others that we recommend, the benefit of this is they really go out of their way to offer the best in customer service, and they always aim to payout winnings as fast as possible. Make sure to checkout the promotions page.
The Basics of Bitcoin Sports Betting.
Players must comprehend the fundamentals of crypto-currency betting before they even place their bets. There is a wide variety of bets you can choose from, each of them having its own pros and cons based on their type, wage and value. Some of the most popular ones are:
Moneyline Parlays Props Point Spread Futures Live Bets.
Moneyline: Choose the Winner.
The most straightforward way to get into Bitcoin sports betting is Moneyline. The player receives a payout that is directly linked to the result of the event that is happening. The odds are expressed with fractions, decimals or American odds. We will use American style round the entire post, to keep things most understandable.
American odds detail what it would take for the player to win a certain amount of money on a particular bet. Imagine that the Super Bowl is happening and the player wants to win 100$. Odds are usually displayed as:
This means that if the player wants to win the 100$, they are required to place a 200$ bet in favor of the Steelers. In contrast, if the Cowboys win and the player has bet on them, they get paid out a sum of 180$.
Sportsbooks root the payouts by the current trends across the betting market; this is the reason why the payouts are much less than the bets themselves.
Parlay: Stacking Up Wins.
Parlay betting allows the player to stack up games in order to enlarge their win. Usually, up to three games are required to place a parlay bet. The player can also use point spreads and moneylines to be stacked on a parlay.
While the payouts are generally larger, the only downside is that the player needs to win all the bets in order to be paid out.
Props.
“Props” or propositions bet means that the player bets on a certain occurrence of the event, not the result of the event itself. For example, the player can bet that Dak Prescott can score 25 points in a game or whether Andy Dalton does around 23 passes.
Point Spread: Marginal Winners or Losers.
The catch of this type of bet is to bet on a game with even odds, meaning that the favorite needs to win by a certain amount while the underdog needs to lose by an even amount. If we use the game from the previous example, the bet would look like this:
For the player to win 100$, they need to place a 130$ bet. At the same time, the Steelers need to win by at least 4 points to ensure that the bet is won; if the Cowboys lose by 4 points or less, the player is also paid out.
This type of betting is especially popular with NFL and NBA games, because it is really easy to assume the favorite and the underdog on an even playing field.
Futures: Future Wins.
By the title of the bet, it is obvious that the player bets on a prediction that is in the far future.
For example, you can bet on a certain NBA team to take the crown in the next championship:
Meaning that if you place a 100$ bet, you can be paid out a sum of 420$. The downside being, that any other team can win the championship, leaving your bet to a loss.
Choices of Bitcoin Deposits and Withdrawals.
Generally, sites that allow crypto-currency betting enables players to continue wagering on their preferred sports; to keep things simple they usually cite BTC bets in dollars. Because of this, the sites protect the players from price swings that go up to 30%, as well as offering them larger payouts, sometimes even higher than 200%.
Using Bitcoin on sportsbooks is really easy. Firstly, you need to buy Bitcoins from your credit card, which can be simply done with exchanges such as Kraken or Coinbase. Once you have the coins, you transfer them to the sportsbook’s crypto wallet address. Transactions usually cost a couple of cents, and they appear on the sportsbook almost instantly. This process can be easily done through mobile apps or websites.
The only thing you need to note is that bitcoins trade to 12 decimals, in contrast to traditional currencies trade to 2. It is possible that sometimes a transaction can be completely free, but most sites limit users to a minimum and maximum exchange amount for deposits and wagers as well.


These Were the 3 Best Sports Betting Stocks of 2020.
Betting online may be the future of sports gambling.
Sports betting is big business around the world, and it's been dominated for decades by traditional land-based casinos. That's changing as betting moves online, and the mobile gambling market took a major step forward in 2020 as more states legalized online gambling, and thousands of people began betting legally at home during the pandemic. A few companies hit public markets as well, bringing even more attention and funding to the industry.
As we look back on the year and forward to 2021, the sports betting market has three clear winners in my eyes: DraftKings (NASDAQ:DKNG) , MGM Resorts International (NYSE:MGM) , and the little known GAN Limited (NASDAQ:GAN) .
Image source: Getty Images.
DraftKings.
The hottest sports betting stock of 2020 was DraftKings, hands down. The company hit the market through a special purpose acquisition company and hasn't looked back. Shares shot higher as the pandemic wore on and sports came back, helped by investors hoping that online betting would begin to replace in-person betting. For the year, shares are up 406%.
In some ways, the boom in online betting is happening faster than expected, and that's helped early movers like DraftKings. In New Jersey, which is the bellwether for online gambling because it was the biggest early state to allow betting, there were $91.8 million in bets in November 2020 alone, up 86.9% from a year ago. If that growth and level of revenue are any indication of the potential for the rest of the country, DraftKings has a long runway ahead.
The third-quarter 2020 results were a small indication of how well things are going for DraftKings. Revenue was up 42% on a pro forma basis to $133 million, and monthly unique users grew 64% to 1 million. Revenue is also expected to be $750 million to $850 million in 2021, up 45% at its midpoint from 2020 guidance. This is a sports betting stock with a lot going for it and maybe just at the beginning of its growth story.
MGM Resorts.
As gambling moves online, companies with a physical presence can sometimes have an advantage over digital-only companies. They have known brands, regulators sometimes require a physical presence to operate in a state, and there can be synergies between real-world and online casinos. That's the space that MGM Resorts is trying to fill, and it's done so relatively well in 2020.
The joint venture MGM Resorts built to enter the space is BetMGM, which is now offered in eight states and is growing as quickly as states will allow. Like DraftKings, the company is limited by what's legal in the U.S., but betting should be opening up in more states long term.
What I like about MGM as a sports betting play is that it has a foundation as a physical casino company. MGM can use the cash flow from its casinos to fund online gambling development, and if it does that successfully it should add a lucrative business to the portfolio.
GAN Limited.
DraftKings and MGM are the companies that are taking bets and building the apps that consumers are using, but GAN is building the background infrastructure that online gambling is built on. Its software services include player identity validation, payment services, regulatory reporting, and even some game content. And with the recently announced acquisition of Coolbet, it'll enter the sports betting market worldwide.
If sports betting continues to grow, GAN will be one of the beneficiaries because it's providing services to multiple players. And I would expect some casinos and game companies that don't have the capital to build their own infrastructure to lean on a company like GAN.
What's exciting about GAN is that it has the opportunity to grow with the online gambling and sports betting industries as well as grow the services it offers to clients. It already has a turnkey solution for infrastructure, but don't be surprised to see more games added to the portfolio so GAN can white-label the entire casino experience. That's where the real money will be made for this gambling stock.




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Best 5 Online Sports Betting Sites 2021 – Top Rated Sportsbooks.
When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.
#1 Bovada.
Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.
Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.
Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.
#2 BetOnline.
Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.
You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.
Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.
#3 MyBookie.
MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.
Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.
With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.
Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.


Best Online Sports Betting Site 2021 - #1 Top Sportsbook.
#1. Bovada.
Bonus: 50% up to $250.
#2. BetOnline.
Bonus: 50% up to $1000.
#3. MyBookie.
Bonus: 50% up to $1000.
Are you looking for the best sites for betting on sports and horse racing? Well, stick around, because this is all about showing you the best online betting sites.
Here are the 3 Best Online Betting Sites / Sportsbooks.
Bovada.
Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for players in the US. Their racebook is only open to North American thoroughbred and harness races.
Bonuses.
Bovada offers a 50% signup bonus up to $250 and a bitcoin sports bonus of 50% up to $500 with a promo code. There is also a 100% match bonus eligible up to $1,000 and a bitcoin casino signup bonus of 150% match up to $1,500, both of which are redeemable up to three times. You starting bonus requires you to bet 5 times the amount of your initial deposit and bonus.
Deposits and Payouts.
They only offer two ways to make a deposit and that is with credit cards and bitcoin.
Their payout system has improved massively over the years. In the past, this was the main complaint about Bovada, but now that they fixed it by speeding up the process and being one of the first online sports betting sites to offer bitcoin withdrawals.
The minimum deposit amount is only $20.
Customer service.
BetOnline.
BetOnline is great for sports gambling online in many ways, but especially with baseball. They constantly work to improve the online experience with their bonuses and other elements such as betting types.
Bonuses.
BetOnline has a 50% signup bonus up to $1,000. There is also a 25% reload bonus eligible up to $1,000 and a $100 bonus for every friend who signs up and makes a deposit.BetOnline also has free play reload bonuses.
Deposit and Payment Options.
You can make a deposit with Visa, Mastercard, Discover Card, Diners Club cards or American Express. They also accept Moneygram or Western Union transfers, bank wire transfers, Bitcoin and Etherum deposits, checks, or you can send money from your Skrill account. Offering so many options makes them one of the Best Sports betting sites.
The minimum deposit amount is only $10, which is the lowest you’ll find.
Customer Service.
They have great, round the clock customer service. BetOnline has live chat, a toll-free phone number both can be reached 24/7 in English or Spanish.
BetOnline is a great gambling site because they put lots of effort into their Racebook. They have a well-run blog that offers advice for gamblers of all skill levels and they really know how to keep novice bettors interested and coming back.
MyBookie.
MyBookie is another place which offers Sports betting online. They are newer than the others but already have a great reputation online.
Bonuses.
They 50% signup bonus up to $1,000, a 100% casino signup bonus up to $300. While the refer-a-friend bonus is only 10%, that can be offset if you refer high ticket customers to them. They also have a 3- tier loyalty program that offers free payouts, birthday gift cards, game seats, and more bonuses.
Deposit and Payment Options.
They accept Visa, Mastercard, Bank Wire, Check, and Person-to-Person Transfer for deposits. The minimum deposit amount is $50. You are allowed one free payout, then you’ll be subjected to a fee for each withdrawal.
Payouts are completed within 48 hours. This makes them a top sites out there.
Customer Service.
They offer a live chat customer service or you can call them 24/7, but they only support English. They are one of the newest betting websites, but they’re one of the top sites for Sports gambling.
These websites are Best Sports betting sites because they value their customers and constantly work to make improvements.


Michigan Online Sports Betting Review: How 6 Apps Fared, Plus Early User Data Figures.
Michigan launched online sports betting on January 22, with a handful of companies offering their services in the 10th most populous state in America.
I downloaded six of the sports betting apps to test them out during the first weekend. Here is a look at how they fared in terms of downloads, potential market share and promotional offers.
DraftKings: The app from Draftkings Inc (NASDAQ: DKNG) is incredibly easy to use, which shouldn’t come as a surprise given the company's strong market share in the states it operates in. What was surprising was how hard it was at first to login and use the app during the first weekend live in Michigan. The app crashed numerous times and unfortunately became the app used the least by me due to tech problems.
DraftKings offered signup bonuses, matching deposits and $100 free to play blackjack in the casino portion of the app. The company had some bets that were pretty close to being guaranteed winners, such as on the chances of a first quarter touchdown or more than 0.5 touchdowns scored in the NFL Conference Championship.
FanDuel: Flutter Entertainment ADR 's (OTC: PDYPY) FanDuel app had several login problems for me, but operated very well during the first few days of legal betting in the state. The app did feature a warning the first couple days that due to increased volume, settlement on some winning bets could take up to 30 minutes.
Barstool Sportsbook: The Barstool Sportsbook was launched by Penn National Gaming, Inc (NASDAQ: PENN) in Michigan. Barstool offered $10 in free bets for new users in the state and another $5 for those who filled out their favorite sports on their profile. One of the things that really sets the app apart from the competition is Barstool's unique personalities for betting ideas, such as odds boosts and suggested bets.
BetRivers: The lesser known BetRivers brand comes from Rush Street Interactive Inc (NYSE: RSI), which went public via a SPAC. The company offered free promotional money to people who signed up on opening weekend. The app was easy to use and offered a wide range of prop bets and odds-boosted events. Many of the boosted bets came with limits of $100, higher than competitors.
PointsBet: Another lesser known company, PointsBet Holdings Ltd. (OTC: PBTHF), puts out one of the apps I was looking forward to testing out. One of the promotions PointsBet offered was betting on the Detroit Pistons spread. For every point the Pistons scored, users got $1 in free bets.
BetMGM: A joint venture between MGM Resorts International (NYSE: MGM) and GVC International, the BetMGM app is very easy to use, and I was surprised with the amount of odds boosts from the company.
Other Options: Other companies that launched in Michigan but whose apps I did not test or download were Golden Nugget Online Gaming (NASDAQ: GNOG), William Hill, Wynn Resorts, Limited (NASDAQ: WYNN) and TwinSpires, owned by Churchill Downs, Inc. (NASDAQ: CHDN).
Michigan also recently approved sports betting and online poker from Fox Bet, which is partially owned by Fox Corp (NASDAQ: FOX) and Flutter Entertainment.
Early App Data: Michigan is expected to release official sports betting figures in late February. Bank of America analyst Shaun C. Kelley is out with some early data about the companies that launched online sports betting and iGaming in Michigan.
App download data shows DraftKings and FanDuel as the early leaders in the state with 40% and 27% market share, respectively. Barstool Sportsbook and BetMGM fought it out for third place with 14% and 13% of app downloads, respectively.
The app downloads showed lower numbers from William Hill, PointsBet and TwinSpires. BetRivers offered an online download and not a mobile app, so downloads were not reported.
Kelley sees Michigan market share shaking out to 30% share for each of FanDuel and DraftKings, and 10% to 15% each for Barstool Sportsbook and BetMGM. Others could have single digit market share, according to Kelley.
Benzinga’s Take: As you can see, the betting platforms tested offered some large incentives to get users to sign-up as well as place bets on Michigan-related teams.
The question will now turn to which app is the best and easiest to use and which one users stick around for.
The early results show sets of tiers for the sports betting players in Michigan. DraftKings and FanDuel look like early winners, followed by Barstool and BetMGM. The race could be for third place, then shaking out if any other app can gain 5% share in the state.


Online gaming, sports betting off to roaring start in Michigan.
In-person sports betting in Michigan launched in March. Last week, bettors were able to place wagers online. (Photo by Edward Pevos | MLive)
Watching last weekend’s NFL conference championship games and other sporting events was a more enthralling experience than usual for Jack Abate, of Royal Oak.
Abate, 31, was one of thousands of Michiganders to take advantage of the highly anticipated launch of online gaming and sports betting in the state. At noon Friday, 10 Michigan casinos and their platform providers went live, offering either online sports betting, online gaming, or both.
By all accounts, the first few days were a huge success.
“There were no real reports of any outages -- maybe some lag here and there -- but nothing overly out of the norm in that regard. And also you had a great weekend for an opening. You had the conference championship games and you had the added bonus of a high-profile UFC fight (Dustin Poirier vs. Conor McGregor). So all in all, with the exception of maybe starting on Super Bowl Friday or the first round of the NCAA Tournament, you’re not going to get a much better opening slot.”
Michigan Gaming Control Board executive director Richard Kalm said revenue and wagering numbers from the opening weekend are not yet available, but there was a high level of activity.
Michigan and Virginia both launched online gambling late last week and combined for 7.5 million online gambling transactions across 400,000 accounts, according to data from GeoComply, which provides geolocation tracking services for the internet gaming industry.
Michigan and Virginia accounted for 25 percent of the overall volume last weekend across the U.S. market, which encompasses 17 states with legal online betting.
With Virginia launching just two operators, Altruda estimated two-thirds of the weekend’s new accounts and transactions were from Michigan.
Abate was one of many to partake in the jam-packed sports weekend. He said he signed up with two operators and placed about 10 or 12 bets, wagering on the moneyline and points total for the football games while focusing on props and various boost bets on basketball and hockey games.
“It kind of gives you a little bit more incentive to tune into a game that you may not have paid attention otherwise,” Abate said. “I’m not a big fancy guy for basketball, hockey or baseball, but now with online sports betting, it makes it a little bit more enjoyable to maybe turn on a game when any of my teams aren’t playing and sit down and watch maybe root for an over/under, a prop bet or something like that.
“Moving forward, I think people are gonna tune in to maybe an offseason sport that they may not be into as much now they can put some money on the line, have a little bit more skin in the game.”
Mike Raffensperger, chief marketing officer of FanDuel, which operates an online sportsbook and casino in nine other states, said he is encouraged by the company’s start in Michigan.
“Honestly, it was a kick-(butt) weekend,” Raffensperger told MLive. “I think our projections have proven right. Michigan has launched with incredible fanfare. I think we have exceeded our expectations in terms of consumer appetite for both our sports betting and our online casino product.”
Raffensperger declined to share specific numbers but said Michigan was “one of if not our most successful state launch.”
Penn National Gaming, Inc. which has partnered with Barstool Sportsbook, said on Twitter that it received more than $2 million in first-time deposits from players over the weekend.
Meanwhile, BetMGM reported that it had more than 200,000 successful logins by customers and more than 2 million casino spins in the first seven hours of going live.
“BetMGM’s launch in Michigan has been our strongest launch yet, by some margin,” BetMGM CEO Adam Greenblatt said in a statement. “The strength of demand has been impressive in both sports and gaming.”
Some of the most popular promotions were near-lock bets some operators were offering. For example, DraftKings offered a prop bet where consumers could double their money (up to a certain amount) if the Pistons made a single 3-pointer in one of their recent games.
FanDuel paid more than $1.7 million to Michigan customers on odds boost wins over the weekend, such as doubling the consumers’ money if the Pistons scored more than 10 points in the first quarter.
“They made it really fun and easy, whether it was your first time gambling or whether you’re a seasoned guy at sportsbook,” Abate said. “With tailoring things specific to Michigan, like Pistons prop bets or Red Wings, Michigan basketball and all that, I enjoyed that. The boosts made it fun.”
The online sports betting rate in Michigan is 8.4% after winnings are paid out, one of the lowest among states with legal sports betting. The tax and payment rate for internet gaming ranges from about 20% to 28%, depending on how much money a casino generates from online gambling.
Because of the competitive tax rates in the state, operators are enticed by the market. Kalm said five more operators are expected to receive MGCB approval shortly, giving consumers more options.
Overall, Altruda believes Michigan will be a top-five market in the country, along with New Jersey, Pennsylvania, Illinois and Nevada. He said he expects Michigan to reach a monthly handle of about $500 million, but noted that could vary based on different sports seasons.
Online gaming has the potential to bring in tens of thousands of dollars in tax revenue for the state, but Kalm said more time is needed to get an accurate projection.
“You’re going to need a longer picture at this,” he told MLive. “It’s a few weeks before the Super Bowl. It was a big betting weekend for the football playoffs, March Madness is coming, so there’s a lot of activity going on. You really have to look at this on a quarterly basis, spread it out a little bit more to see where Michigan is going to be and how they are going to compare to other states and what the actual revenue numbers are. And we don’t have all our operators up yet.”
Regardless, launching before the Super Bowl was paramount.
“It’s huge in the sense that you’re getting in the largest single betting sports event of the year,” Altruda said. “You’re getting attention, you’re attracting eyeballs, you’re going to get the normal sports bettors, but you’re also going to get the average sports bettors. The ability to attract the average bettor, who may only place one or two wagers at the same time, is now a registered user that you can reach out to and still draw from as a potential base in addition to the sports fans who are going to make multiple bets daily, monthly.”
Note to readers: if you purchase something through one of our affiliate links we may earn a commission.




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п»їMathematics and Statistics in Sports Betting.
Don't be afraid of Mathematics and statistics when betting on sports. You may ignore teams' stats but you cannot afford ignoring these simple calculations.
Some mistakenly believe that mathematics and statistics are insignificant in sports betting. The truth is that just like in casino games, the effectiveness of a sports betting system to generate profits depends strictly on mathematics .
Even when there is no obvious system, as if a player bets blindly, the bettor may inadvertently wager using math correctly! Even in the case when betting decisions are influenced by the news, predictions and rumors, a player’s profitability is directly depended on math .
On the other hand, statistics may be applied when we create a system, but are mainly used in the study of the system’s results, as in testing the credibility of the followed methods.
Mathematics in sports betting: Just a simple equation.
The truth is that for most people betting on sports is more like a hobby – as it should be.
However, if sports bettors spent some time on making the following very simple calculations, it would be possible to minimize the losses from betting and, why not, stop being an expensive hobby.
There is no doubt most players lose a lot of money betting , either online or offline. The majority of players do not record the results of their bets. In other words, they do not systematically track what comes in and what goes out on their betting account each month. This is one of the 10 reasons we lose in sports betting.
Going back to the topic of mathematics in betting, coming out a winner in sports betting depends on a very simple equation .
Consider the average of odds you bet on, let us say 2.00. Now think how often your betting tips win. Suppose the answer is 45 percent. This means that for every 100 bets, you win 45 bets corresponding to 45 units profit (since you are betting on 2.00 average odds). At the same time, you lose 55 bets, which translate to a loss of 55 units.
If you wager €10 per bet on average (in this case one unit equals €10), after 100 bets you would make €450 on your successful predictions and lose €550 on the rest. So you will find yourself to be losing a total of €100. If you bet 100 times each month (about 3 matches on average per day), sports betting costs you about €1,200 every year ; more than a regular monthly salary for most people.
The above example can easily be represented by the general equation Y= X*Z, where X is the average odds of betting and Z is the success rate of predictions. If the product (Y) is greater than 1, you will be a winner in sports betting in the long run. Otherwise, the smaller than 1 the quicker you lose your capital.
These are actually the only math to have in mind – for the bettors who want to bet merely for the enjoyment. The result (Y) in that mathematical equation distinguishes players between winners and losers and betting systems between profitable and money-losing.
Write down all the matches you bet at odds of 2.00. Then verify how many of those bets have worked well. If it is 50 percent or less, the news is not good. However, if it is over 50 percent then, in general, you pick your bets correctly .
How do I win in sports betting? The answer lies on the equation!
We all wonder how come some people manage to win in sports betting. That is the same as asking how the Y in the equation above is larger than 1. The answer of course lies on X and Z.
In the example above , we saw that X equals to 2.00 and Z to 0.45 (45 percent). Thus, in order Y to become larger than 1, either X or Z should increase. This means we should choose higher odds than 2.00 or increase the success rate of our forecasts.
So there are two solutions:
to stick to the same method of picking our bets looking, however, for better odds ; or to improve our betting system’s winning probability .
In the first case, odds comparison is crucial, while in the latter we should work on the parameters and variables of our system.
You can read more about the relationship between the odds and probability in the article about how we select the right bets online.
Statistics in Sports Betting.
We have now demonstrated how a single mathematical equation distinguishes winners from losers. Since we are on the awkward subject of math, let us say a couple of things about statistics and odds.
There are quite a few posts that I read online from time to time that advise players not to follow the statistics, if they want to win in sports betting. They claim that statistics are there to be challenged, as historic data and the frequency of a team scoring, for example, do not have any effect on our sports betting performance. As they say:
[quote type=”center”]The ball spins without knowing any laws or statistics![/quote]
Indeed, it is a totally respectable view, no objection on that. Nevertheless, we must not forget that there are a large number of applications and innumerable excel sheets dealing with statistics in sports betting; a fact that, if no other, demonstrates that a great percentage of players are trying to beat the odds through the analysis of teams’ and players’ statistics. By completely rejecting the notion of statistics in sports betting is like deploring those who follow it.
Moreover, we should consider the fact that in every sport event, statistics are reported during the event. At the same time, major sports news sites keep statistical data for many years to come.
Yet you might say: well Jim, you already answered that question yourself. Statistics just sell to a whole lot of people who think they may become winners following statistical models. They are giving them the necessary hope to keep them into the game, to keep them interested.
This is indeed an explanation that perhaps I should write about in the future. Having said that, I must also mention that at times betting systems emerge, which rely exclusively on the statistical analysis of the games. Moreover, in several movies statistics are shown as the Holy Grail of betting . What the heck, a part of these allegations must be true.
Nevertheless, statistics in sports betting are applied extensively when building or improving a particular betting system . Now, I am not talking about the input variables of a system, such as statistics used in tennis matches. I’m referring to the statistical analysis of the system’s actual performance, such as the drawdown.
By studying the reliability of the system, based on statistical aggregates, we are confident for the betting system’s future performance , while confirming the proper functioning of our system. A system that makes 5 points out of a sample of 100 bets may be satisfactory. Yet, I would rather have a system that makes 250 points tested on a sample of 10,000 games! And that is where mathematics and statistics make a huge difference in sports betting.


Sports Betting - Statistics & Facts.
The global gross gaming/gambling yield amounts to more than 400 billion U.S. dollars each year. Gross win from gambling represents the amount of money the gambling operation keeps from the customer’s stakes, wagers, bets etc. less the winning paid out to the customer and before deducting operating expenses. With about one third of the global gambling gross win, Asia is the biggest market for gambling and sports betting in particular. Probably the fastest growing segment of the industry is the online / interactive category, as the global online gambling market has grown at a consistent rate over the last few years from around 20 billion U.S. dollars in 2009 to more than 40 billion U.S. dollars by 2016.
Sports betting services are provided by companies such as William Hill, Ladbrokes, bet365, bwin, Paddy Power, betfair, Unibet and many more through their websites and in many cases betting shops. In 2015, William Hill generated around 2.37 billion U.S. dollars in revenue with about 13.26 billion U.S. dollars in total being staked / wagered with the company.
According to a Statista survey, almost 50 percent of people 18 years and older in the United States have placed a bet on a sports event at least once in their life. That share is even higher amongst those that watch at least some March Madness games.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Interesting statistics.
In the following 8 chapters, you will quickly find the most important statistics relating to "Sports Betting".


Using Statistical Analysis in Football Betting.
For sports bettors, the probability of winning or losing a sporting event isn’t quite as volatile or biased as a game of roulette in the casino. Thankfully, when a bookmaker sets their line, they serve as a neutral party to the outcome. The goal is to have bettors place an equal amount of wagers for each side, so the book makes a profit.
As a sports bettor, it’s your job to do your own statistical analysis of the teams. Identifying variables that have a strong implication on the outcome of the event is key. Sports gambling winners know to only make wagers on bets that have positive values. The gamble has value when their implied probability holds a lower percentage than the probability you calculated for your personal analysis.
How do you determine that probability? You’ll have to look at statistics like current form, past results, head to head, goals and time to increase your chances of better betting outcomes.
Current Form.
One of the most significant statistics to follow is the teams’ current form. A team’s current form will reveal if their confidence is high and morale is low, both of which are key indicators to heed when you want to more accurately predict your betting outcome. Confidence is everything, and when it comes to the morale of the football team, unnecessary mistakes occur and only contribute to taking less chances and landing themselves in a poor performance period.
Photo by Hussain Ibrahim/ License.
Past Results.
When you look into past statistics, be careful not to go down a rabbit hole and look too far into the team’s history- possibly no further than the past five games. Because football games occur on a near-weekly basis, five games represent a time frame of more than a month. Many factors can change in a single month of playing history.
Head to Head.
Rival teams with a popular history can call for a good head to head comparison when you’re calculating your odds. The competition between teams leads to more heated debates of their outcomes. Usually, rival teams also exist in close proximity to one another, which means travel doesn’t become quite as strong a factor in their performance.
Goals.
Every fan looks for the total number of goals won and goals conceded as a strong indicator of the potential outcome for the next game. If a team is high scoring, or if both teams have a strong offence, you may want to place bets over 2.5 goals.
If a team has a powerful defence, it’s a good idea to place a bet under 2.5 goals. Simple research will provide the statistics on how often the football team scores, and give you a clear idea of how to place your bets.
Time.
When a goal is scored or conceded, this represents the time statistic. Each game of football lasts for a total of 90 minutes. You may find that one team, in particular, has a fast start or a strong finish, which is extremely helpful when placing bets. Time statistics are often evaluated in 15-minute increments: 0-15, 16-30, 31-45, 61-75, 76-90, and 90+.
Statistics can be incredibly useful when researching your bets. They give you great insight on how teams are performing; even in the event you cannot watch the games yourself. While helpful, you cannot always rely on statistics to make accurate predictions 100% of the time. They have the potential to either make a football team look much better than they are, or they actually create an objective picture of how the games were really played.
Being cognizant of these facts about statistics is crucial when you rely heavily upon them for your predictions. Keep an open mind to all the aspects of the games that have been played, and evaluate the factors that could have swayed the performance of the team, one way or the other.


Sports betting using statistical analysis.
Sport betting is a form of wagering on the outcomes of traditional probability games such as cards, dice, or roulette as well as on the outcomes of sporting events such as football or baseball. Betting results are resolved at the conclusion of the event and generally requires that neither of the parties involved in the wager has any influence on the event in question. A private citizen wagering on the outcome of a football match between Manchester United and Chelsea would be considered a form of sports betting, while the team owner making that same bet would not be considered a form of sports betting.
Sport betting has been popular for centuries. The earliest forms of contemporary sports betting revolved around cock fights in the late 17 th century, while wagering on horse races became highly popular between the 19 th to 20 th centuries. In 1960, television gave birth to a new era in the history of betting on team-based sports, and the longstanding 10% tax on sports betting was eliminated in 1974, leading to even more popularity. In 1990s, the advent of the Internet facilitated online sports betting, creating an increasing need for sophisticated statistical tracking, like regression analysis, to develop winning strategies for wagering.
Traditional gambling and sports betting: Are they same?
Sports gambling: Profitable or not.
In 2011, the gross gaming revenue of the global gambling industry was $368.4 billion, with 8.60% of this total earned from wagers made over the Internet. Online gambling includes all Internet-based portals that provide lotteries, poker, casino games, bingo, and sports betting. Sports betting remains most popular form of online wagering, representing 43% of gambling revenue earned from Internet sources, with a total market of $13.66 billion.
Figure: Worldwide gross gambling revenue.
**source: Statistical Methodology for Profitable Sports Gambling.
Methods used in sports betting system.
Various methods can be used to generate a sports betting system, although most experts agree that the most widely used method is regression analysis. Regression analysis can be used to establish the important factors and variables which will influence the overall outcome of a sporting event. Multivariate linear regression, logistic regression, and multiple regression analysis can all be used to calculate the probability of any outcome, and since determining the outcome of a sporting event requires analyzing a high number of variables, regression analysis provides a suitable framework for defining and assigning a value to these variables. For example: A multivariate linear test on American football games was conducted by NFL. The result showed that the most important variable – the variable with the highest influence over the outcome of the match – was “passing efficiency”. Recent movies and bestseller titles like Moneyball have delved into the world of statistical analysis, driving increased interest in the use of regression analysis for sports betting.
Logistic regression analysis.
Logistic regression is a forecasting technique that provides a probability percentage for a given variable. For example, if one wants to calculate the probability of a team winning the 59 th game of the season, they would analyze the last 58 games to obtain the team’s point differential or margin of victory (MV or MOV). Margin of victory is a statistical term which indicates difference between the number of points scored by the winning team and the number of points scored by the losing team. A smaller MV represents a close match, and by using statistical software like SPSS, the following equation can provide the percentage chance that the team will win, based on MV scores:
(e is known as euler’s number, roughly 2.72).
A percentage chance of winning can also be determined in Microsoft Excel by using this equation:
Multiple regression analysis in sports betting.
Multiple regression systems are widely considered the most reliable modern sports betting system. This core of MRA is built on a timeless logical assumption: “what’s past is prologue”. This means that one must know the past to know the future. To create a multiple regression betting system, one must have reliable data regarding past information of the players and teams, meaning that trustworthy historical data is crucial to building an effective multiple regression system.
An example of using a multiple regression system in sports betting.
A sports bettor will wager on the final match between Team A & Team B.
Regression #1: Bettor finds that Team A won the regular series against Team B by 3-1 during the first match of the year.
Regression#2: Bettor finds that Team B crushed Team A in a recent playoff match.
Regression#3: One player of Team A is Player X, and Player X has never won against Team B.
Since both teams have scored a victory, bettor determines that the key variable is the presence of Player X, and decides that Team B will win the match. Thus, by using multiple regression analysis, bettor is able to analyze the events of the past and extrapolate the most probable future.
To utilize multiple regression methodology in a betting system, one needs to posses consistent and reliable data on the past performance of both teams and players (“Multiple Regressions”:2013). Without an extensive and dependable source of historical data, the bettor will not be able to regress into the past to determine probable outcomes of future events (“Multiple Regressions”:2013).
To develop a multiple regression system, mining data from an online sports book that can offer accurate historical sports data in a format that is easily accessible and actionable is highly recommended. These sports books also provide step by step rules for implementing regression analysis techniques in sports betting.
Note that regression analysis methodology is also employed by most casinos in an effort to generate probabilities that favor the house – for similar reasons, sports books use regression analysis to provide sports betting enthusiasts with the same advantage. While we all know that no future event can be predicted with 100% accuracy, a comprehensive regression analysis system can be used by sports boo developers to calculate probabilities that are highly reliable.
Problem of using regression analysis in sports betting.
There is one glaring problem in using regression analysis to predict outcomes of sporting events: the differentiation between correlation and causation. Regression analysis is effective at identifying a correlation between events, but cannot properly identify whether one event is caused by another. For example: regression analysis can be used to show that every time Team A loses, player X does not score a goal. However, regression analysis cannot be used to conclude that Player X not scoring a goal is the cause of Team A losing the match.
In other words, regression analysis can be used to determine probable future performance based on defined past outcomes, but is unable to define causes for past outcomes. Ultimately, the effectiveness of any multiple regression system relies entirely on the proper selection and comparison of variables.
Other betting systems.
In addition to multiple regression analysis, there are two other commonly used wagering methodologies: the arbitrage betting system and the use of statistical anomalies. Arbitrage betting is designed to generate profit without taking a loss (“Multiple Regressions and Statistical Anomalies”:2012), and in most cases the result of sports event is not considered. Naturally, profits are not guaranteed, but arbitrage is a straightforward strategy that can easily be learned by novice bettors.
When implementing a strategy around statistical anomalies, the bettor seeks to gain a competitive advantage by diverging from seemingly sound predictions by introducing variables that are often overlooked by other forms of betting systems. Using this tactic successfully requires a careful study of both teams and players, as well as a variety of incidental variables, such as weather, crowd sizes, health conditions, or injuries. By using this methodology, the bettor is attempting to determine how individual players and teams deal with anomalous situations not generally encountered during a match (“Multiple Regressions and Statistical Anomalies”:2012).
While regression analyses can help a bettor identify and define the variables that may affect the outcome of any given match, determining which variables to measure and compare is the central challenge in building a winning regression system. Therefore, regression analysis in sports betting is based upon not only a comparison of reliable past data with future events, but in deciding which variables may potentially alter the probabilities of those future events.




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п»їFootball sports betting.
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As Sports Gambling Grows, So Do Appetite-Whetting Sure Bets.
Online gambling sites are offering can’t-lose propositions, giving away easy money to attract new customers to a nascent multibillion-dollar industry. These come-ons should reach a peak just ahead of the Super Bowl.
Published Feb. 2, 2021 Updated Feb. 3, 2021.
You’ve heard it all your life: There is no such thing as a sure thing. Well, that was before betting on sports could be legal anywhere in the United States. Now it’s a free-for-all of easy money as sports books in search of new customers hype their services on sports broadcasts, social media and drive-time air waves.
Last week in Michigan, where online betting recently became legal, the gaming company FanDuel was happy to give new customers their beloved Detroit Pistons and an eye-popping plus 159.5 points against the Los Angeles Lakers. Bettors didn’t need the can’t-lose points — Detroit won, 107-92, costing the sports book $2 million in payouts.
For FanDuel, it was money well spent. For about $45 a head, the site signed up nearly 47,000 new Michigan bettors.
In the gambling industry, can’t-miss propositions and cash handouts are time-tested ways to build market share quickly. These come-ons will peak just ahead of this weekend’s Super Bowl, the holiest of occasions in the religion of sports and the most-watched television show in the United States.
With DraftKings’ “Big Game No Brainer,” a new user will be able to turn $50 into $100 if either Tampa Bay or Kansas City scores a single touchdown in Sunday’s game. “Win Terry Bradshaw’s Money,” brought to you by FOX Bet, has already become a staple of N.F.L. programming on the network.
Bookmakers have said the sports betting market is maturing faster than they anticipated, with an unfortunate and unlikely assist from the economic devastation left by the coronavirus pandemic.
“The tipping point is here. What we went through last year is the driver,” said Kip Levin, the chief executive officer of FOX Bet. Even with the disruption in sports, Levin said, 14 betting states collectively took in more than $1 billion in revenue in 2020, demonstrating that sports gambling can bolster economies in new markets.
“State officials recognize this and now they need revenues for their state,” he said.
Less than three years after the Supreme Court struck down a federal law that prohibited sports gambling in most states, betting on games is legal and underway in 20 states and the District of Columbia.
The more than $1 billion in 2020 revenue is projected to grow sixfold by 2023, according to a study by Eilers & Krejcik Gaming, a research and consulting firm. If all 50 states permit sports betting, revenues will surpass $19 billion annually, the study projects.
Multibillion-dollar industries will beget multibillion-dollar marketing as bookmakers, media companies and tech entrepreneurs have rushed in to claim their place in the market.
“Sports betting now is like water and finding its way into everything, especially now when operators are trying to attract new customers,” said Chris Grove, a partner at Eilers & Krejcik. “In a mature market like the United Kingdom, a mid-tier bookmaker will spend about 40 cents of every dollar acquiring and retaining new customers. Here we’re seeing a 100 percent or more spend on each buck.”
Last year, bookmakers spent more than $200 million on television advertising alone, according to the advertising information company MediaRadar, and since mid-June of 2020 they have increased their television spending by 82 percent over the previous year. Sports gaming executives have said they expect to double that amount on advertising and promotions by year’s end, as betting operations move closer to opening in five more states — Washington, North Carolina, Louisiana, Maryland, and South Dakota.
Gov. Andrew M. Cuomo of New York, who is banking on the State Legislature to approve mobile sports betting this spring, has said it could bring hundreds of millions of dollars into state coffers as New York is facing a multi-billion-dollar deficit. Despite his enthusiasm, Cuomo said he wanted the state to have tight control over the betting platforms, likening sports gambling to the state-run lottery.
“This is not a moneymaker for private interests to collect just more tax revenue,” he said. “We want the actual revenue from sports betting.”
No matter what deals are reached in New York, betting on sports has already demonstrated a grip on American culture and a capacity to assault our senses.
Sports gaming executives acknowledge there is a fine line between seducing new customers and exhausting them. Officials at DraftKings and FanDuel said they had learned from mistakes they made trying to bring daily fantasy sports to the market.
In 2015, the two sports books blanketed television with advertising, spending more than $100 million each, consistently ranking among the top companies each week in airtime purchased. During the N.F.L.’s opening weekend alone, DraftKings and FanDuel spent more than $27 million for about 8,000 television spots, according to data from iSpot.tv, which measures national TV advertising.
The aggressive marketing helped lift each company’s valuation to $1 billion, but it also brought scrutiny from state attorneys general who were not convinced the fantasy games were legal. With expensive legal challenges and a backlash among customers, both businesses were badly damaged.
“We spent a lot of money. It was not the wisest thing to do,” said John Avello, the director of the sports book at DraftKings. “It did make us well known. Now we do it smarter.”
Mike Raffensperger, chief marketing officer at FanDuel, said sports books were merely following in the footsteps of Netflix, Uber and other digital companies that pioneered new markets.
This time around, FanDuel wants to become part of the sports media landscape by exploiting social media and making exclusive content partnership deals with networks like TNT and Entercom Radio, one of the country’s largest owners of sports talk radio stations.
With sports betting measures under consideration in heavily populated states such as California, Texas and Florida, sure-thing bets are certain to be dangled before new customers for years to come. Sports betting and its place in American culture are here to stay.
“What the public thinks is going to happen in a game, which team is going to cover the spread, has become part of the larger narrative of sports,” Raffensperger said. “Betting on games has become part of the sports ecosystem.”




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Associated Press.
Associated Press.
At an investors event sponsored by Morgan Stanley, executives from MGM Resorts, Hard Rock and Mohegan Sun predicted around $8 billion in revenue by 2025.
NEW YORK (AP) — Investors and sports betting companies are running up the score when it comes to sports betting, predicting the fast-growing industry will be a $7 billion to $8 billion business in the U.S. within five years.
But not all the many companies flocking to get in on the ground floor will make it, they predict.
Panelists at the NYC Sports Betting Investor Summit said Monday that the industry is growing quickly in this country a year and a half after New Jersey won a U.S. Supreme Court ruling clearing the way for all 50 states to offer legal sports betting.
So far, 14 do, and many others are considering joining the market.
Investment firm Morgan Stanley predicts the U.S. market will generate almost $7 billion in revenue by 2025, up from $833 million this year. That’s up from an estimate of $5 billion the company had issued less than a year ago.
That amount would represent less than 20% of the $41.7 billion won by commercial casinos in the U.S. in 2018. Still, it represents a substantial new revenue stream that, for legal operators, did not exist a year and a half ago.
At the investors event sponsored by Morgan Stanley, executives from MGM Resorts, Hard Rock and Mohegan Sun all issued similar predictions in the $6 billion to $8 billion range. And the research firm Eilers & Krejcik Gaming, which tracks sports betting regulation and revenue, said those figures are “very close” to its own estimates of future market size.
Participants at the forum cautioned that while the industry is growing quickly, the high cost of acquiring customers and promoting a new business could lead to some current operators failing.
“It’s war out there,” said Seth Young, chief information officer for PointsBet. “At the end of the day there’s going to be a lot of carcasses out there on the road.”
“It is a growing market here in terms of revenue but it’s a very tough market,” added Scott Butera, president of interacting gaming for MGM Resorts International.” Everybody wants to be here Ultimately I think we’ll see some shaking out.”
Nonetheless, Butera said he believes U.S. sports betting will exceed even the increased figures cited at Monday’s forum.
“I’ll take the over on $8 billion,” he said.
Morgan Stanley gave a high-end bullish estimate that sports betting could generate $15 billion in revenue by 2025 if every state in the nation has legalized it by then. Its worst-case estimate is a $2.5 billion market with only 22 states participating.
Panelists predicted as many as 10 new operators may soon join the market.
Operators continue to spend heavily to attract new customers, who in turn still must jump through several hurdles to deposit funds in their accounts as many major credit cards will not finance gambling transactions. Kresmir Spajic, senior vice president of online gaming and sports betting for Hard Rock International, said 80% of sports betting transactions in Europe are financed using credit cards, compared with about 30% in the U.S.
Even as the conference was underway, numerous sports betting transactions and partnerships were being announced around the country.
The National Basketball Association and DraftKings announced a multiyear partnership that will make DraftKings an authorized sports betting operator of the league. And BetIndiana and Sportradar, the provider of sports data and content, inked a partnership to bring Sportradar’s real-time sports data and managed trading services to BetIndiana’s mobile sportsbook.


Online Gambling Market Size, Share & Trends Analysis Report By Type (Sports Betting, Casinos, Poker, Bingo), By Device (Desktop, Mobile), By Region (North America, Europe, APAC, Latin America, MEA), And Segment Forecasts, 2020 - 2027.
Report Summary Table of Contents Segmentation Methodology Request a Free Sample Copy.
Report Overview.
The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market. In addition, factors such as easy access to online gambling, legalization and cultural approval, corporate sponsorships, and celebrity endorsements are also contributing to market growth. The growing availability of cost-effective mobile applications across the globe is further expected to fuel market growth.
The internet has become a global platform for communication and enables merchants to offer their services in the digital market space. Trends also suggest that the consumption of services in the global virtual market has increased by 28.0 percent annually since the last decade. With the growing use of the internet, the growth rate of online casinos has increased significantly. In addition, growing awareness of the latest technologies and increasing disposable income of individuals are expected to propel market growth.
Developments in the online space are parallel to the annual growth of internet casinos. These developments are made to achieve the desired credibility in the gambling zone. Therefore, online casinos are focusing on investing in information solutions that offer continuous support to gamblers, ensure the credibility of the operations, and prevent illegal affairs. Numerous online casinos are offering a free play version of some of their games, which is creating growth opportunities for the market.
Online gambling can be considered as a global activity both in terms of technological and organizational viewpoints. From a technological point of view, online gambling operates via the internet. However, in an organization, it works on multiple server points existing across the globe. For instance, on a global scale, more than 80 jurisdictions control some form of gambling; however, they are grouped in only a few places.
Numerous countries are legalizing online gambling since it offers a high rate of employment and helps in revenue generation. For instance, in India, online gambling has been made legal in Sikkim and Goa. In addition, participation in online gambling allows players to experience gambling activities in real-time through internet services. The growing number of sports followers across the globe has fueled the demand for sports betting. The majority of bets are placed on boxing, baseball, football, and hockey sports, which is, in turn, driving the market.
Increasing the development of new technologies such as virtual reality and blockchain is also driving the growth of the industry. This may be attributed to the fact that several companies are now integrating the blockchain technology into their online gambling business. This helps them ensure transparency in gambling activities and offer enhanced user experience. In addition, blockchain-based gambling platforms are completely decentralized and are free of third-party influence.
On the contrary, cybercrime in the industry is increasing at a rapid rate. Signal manipulation through fake apps and app-based hacking are some of the major concerns hampering the market growth. The online gambling industry is also witnessing an increasing risk of app-based hacking. In addition, compulsive gambling can affect an individual’s health and personal relationships, leading to issues such as depression or debts.
COVID19 Impact Insights.
The outbreak of COVID-19 is projected to favorably impact the market. To prevent the spread of the virus, countries across the globe have imposed restrictions and are promoting social distancing. Stringent restrictions on people’s movement are anticipated to have a significant impact on land-based casino operations. Numerous players are shifting to online gambling as-a-result of land-based gambling lockdown. However, cancellation of major sports events across the world is adversely impacting sports betting, thereby hindering market growth.
Type Insights.
Based on type, the online gambling market has been segmented into sports betting, casinos, poker, bingo, and others. The sports betting segment dominated the market in 2019 owing to the growing use of digital platforms across the world. Moreover, the rising disposable income in Asia Pacific has resulted in a higher spending capacity, which is also expected to contribute to segment growth. Live-action betting and fixed-odds betting are some of the popular types of internet sports betting.
Online poker has garnered attention, particularly from college students. The segment is expected to register a significant CAGR owing to the wide popularity of online card games. Over the years, convenience has been one of the most important factors contributing to online poker’s popularity as many sites accept deposits from major credit cards, online wallets, and even virtual currencies such as Bitcoin . The wide range of games available for players to choose from is further driving the segment.
Device Insights.
The desktop segment dominated the market in 2019. The large screen size of desktops compared to mobile phones and other devices enable gamblers to enjoy the graphics and intricate details of the game. In addition, performance parameters such as picture quality, sound volume, and storage capacity can be adjusted on desktops for improved gaming experience. These factors have contributed to the growth of the desktop segment.
Technological innovations in mobile phones and enhanced gaming graphics in smartphones have resulted in increased access to online mobile games . Moreover, online gambling allows individuals to gamble from their comfort zone and offers an uninterrupted gaming experience. The wide availability of smartphones with high-end features such as extended storage capacity and improved graphics offered at reasonable prices also contributes to market growth. Mobile online gambling offers various benefits to players such as increased deposit options, loyalty points, and options to play with other players situated anywhere across the globe.
Regional Insights.
Europe dominated the market in 2019 with market size of USD 22.0 billion. The growth can be attributed to the legalization of gambling in countries such as France, Germany, Spain, Malta, and Italy. Other favorable factors for the market growth include the rising use of smartphones, availability of high-speed internet, and rising popularity of online casinos. Moreover, the Gambling Act 2005 set up by the U.K. Gambling Commission (UKGC) has permitted companies to advertise their gambling sites, which is also contributing to the growth of the market in the region.
Meanwhile, the growing use of internet services and relaxation of regulations pertaining to online betting and gambling is expected to drive the growth of the market in Asia Pacific over the forecast period. In addition, growing popularity of bitcoins has resulted in the increased use of digital currencies for betting in the region. High economic growth of the Asia Pacific region, coupled with increased spending on leisure activities, is expected to boost market growth over the forecast period. Macau and Hong Kong are two of the prominent sports betting and revenue-generating countries in the region.
Key Companies & Market Share Insights.
Companies are focusing on consistent innovations to personalize and differentiate their service offerings for potential customers. Product launches, mergers and acquisitions, and collaborations are some of the key strategies adopted by these players to gain a competitive edge in the market.


Global Online Sports Betting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
Global Online Sports Betting market is segmented by Sports Type into Football, Basketball, Baseball, Horse Racing, E-Sports, and Others; by Device into Desktop and Mobile; and by Geography.
Download Free Sample Now.
ABOUT THIS REPORT Market Snapshot Market Overview Scope of the Report Key Market Trends Competitive Landscape Major Players TABLE OF CONTENTS Download Free Sample Now.
Market Snapshot.
Fastest Growing Market :
Need a report that reflects how COVID-19 has impacted this market and its growth?
Market Overview.
Global Online Sports Betting market is growing by registering a CAGR of 10.1% during the forecast period (2019-2024).
Online sports betting is predominantly applied in events, such as FIFA World Cup and European Championships. Online betting is also popular in horse racing and tennis. Many of the online sports betting companies are sponsoring different teams as a part of their marketing initiatives and strategic expansions. For the 2018 World Cup, the Gaming Innovation Group (GIG) launched an advanced and innovative platform for sports betting. The product integrated platform services that are super responsive, flexible, and data-driven will help operators perform better than their competitors by crafting the best user experience possible.
Scope of the Report.
Global Online Sports Betting market is segmented by sports type into football, basketball, baseball, horse racing, e-sports, and others. By device, the market is segmented into desktop and mobile. Moreover, it provides an analysis of the craft beer market in the emerging and established regions, which include North America, Europe, Asia-Pacific, and rest of the World.
Report scope can be customized per your requirements. Click here.
Key Market Trends.
Online Gambling: Gaining Popularity.
Due to the increasing global popularity of both sports betting and football as a sport, the football segment of the global online sports betting market records a high betting volume, with a growing number of bets, especially from European countries such as Italy and Spain, where football enjoys high popularity. Nowadays the vast majority of football bets are placed online, attributed to the significant changes in the products and various betting markets that bookmakers offer. It has become very common that there will more than 100 different betting markets for any football match. In 1997 Intertops made the breakthrough in online football betting, by offering fixed odds on their website, and ever since then, a rising number of market players have emerged to tap the market opportunity posed.
To understand key trends, Download Sample Report.
Europe Emerged as the Largest Market.
The market records a high demand from European betting consumers, who bet across multiple leagues, pre-match and in-play. The market generates a major portion of its revenue from the United Kingdom, Spain, Germany and other European countries as most companies are using expansion into regulated markets as their strategy to generate sustainable revenues. As the online sports betting is predominantly applied in events, such as FIFA World Cup and European Championships, Europe’s online sports betting market posted significant growth in the last few years, due to the 2018 FIFA World Cup. Tennis emerged as one of Europe’s biggest betting sports in 2018, despite Wimbledon occurring at the same time as the FIFA World Cup, which indicates the growing popularity of online sport betting across the European region.
To understand geography trends, Download Sample Report.
Competitive Landscape.
The market studied is characterized by intense competition due to the strong presence of regional and global players. Key players compete on various factors, including offerings, user experience, brand equity, personalized payoffs, as well as access to various platforms. The dominating players have been focusing on mergers over the past few years, primarily to increase their stake in the market and to improve profit margins. For instance, Paddy power Plc and Bet fair Plc merged to form Paddy Power Betfair Plc. Similarly, Ladbrokes and Coral formed Ladbrokes Coral Group Plc post completion of their merger.


Online Sports Betting Market Emerging Trends and Competitive Landscape Forecast to 2027 | William Hill, GVC Holdings, 888 Holdings, Kindred Group, Paddy Power Betfair.
Press release from: ReportsWeb.
Online Sports Betting Market.
The research report on Online Sports Betting Market provides comprehensive analysis on market status and development trend, including types, applications, rising technology and region. Online Sports Betting Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period. A number of analysis tools such as SWOT analysis and Porter’s five forces analysis have been employed to provide an accurate understanding of this market.
Get Sample Copy of this Report @ https://bit.ly/3hW0rYY.
Some of the key players of Online Sports Betting Market:
The Global Online Sports Betting Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
By Product Types: • Association football (Soccer) • American Football • Basketball • Hockey • Mixed Martial Arts • Boxing • Other.
By Applications: • Females • Males • Others.
Major Regions play vital role in Online Sports Betting market are: North America, Europe, China, Japan, Middle East & Africa, India, South America, Others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Online Sports Betting Market based on product and application. It also provides market size and forecast for overall Online Sports Betting market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.
Get Discount for This Report @ https://bit.ly/3bjFNiP.
The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Fundamentals of Table of Content:
1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered 1.4 Market Analysis by Type 1.5 Market by Application 1.6 Study Objectives 1.7 Years Considered.
2 Global Growth Trends 2.1 Online Sports Betting Market Size 2.2 Online Sports Betting Growth Trends by Regions 2.3 Industry Trends.
3 Market Share by Key Players 3.1 Online Sports Betting Market Size by Manufacturers 3.2 Online Sports Betting Key Players Head office and Area Served 3.3 Key Players Online Sports Betting Product/Solution/Service 3.4 Date of Enter into Online Sports Betting Market 3.5 Mergers & Acquisitions, Expansion Plans.
4 Breakdown Data by Product 4.1 Global Online Sports Betting Sales by Product 4.2 Global Online Sports Betting Revenue by Product 4.3 Online Sports Betting Price by Product.
5 Breakdown Data by End User 5.1 Overview 5.2 Global Online Sports Betting Breakdown Data by End User.
This release was published on openPR.
Permanent link to this press release:




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AFL Premiership Odds and Betting – 2021.
After claiming back-to-back premierships on October 24, Richmond has opened $1.30 favourites at TAB to account for Carlton ($3.50) in the first game of the opening round in the 2021 AFL season.
The Tigers have won their last 10 encounters against the Blues dating back to Round 2 in 2014 and are expected to begin their premiership defence in style on the night of Thursday, March 18 at the MCG.
Adam Treloar will have an immediate opportunity to face his former side when Collingwood ($1.85) and the Western Bulldogs ($1.95) clash at the MCG in the Friday night game of Round 1.
This fixture will revive memories of the opening round in 2017 when Travis Cloke played his first match for the Bulldogs after 246 games with the Magpies in an eventual 14-point triumph for the Western Bulldogs at the MCG.
Last year’s wooden spooners Adelaide are $4 chances at TAB to cause a huge upset versus Geelong ($1.25) at the Adelaide Oval while Essendon ($2.25) and Hawthorn ($1.65) will renew their rivalry on Saturday night in the first round at Marvel Stadium.




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http://www.mykoreabuddy.com/wp/wp-admin/index.php?replycontent=+%0D%0A+%0D%0A+%0D%0A+%0D%0A+%0D%0A%D0%BF%C2%BB%D1%97Sections.%0D%0AAtlanta+Braves+vs.+Miami+Marlins+Game+3+odds%2C+picks+and+best+bets.%0D%0AThe+Atlanta+Braves+and+Miami+Marlins+will+lock+horns+and+match+wits+in+Game+3+of+their+National+League+Division+Series+Thursday.+The+afternoon.%0D%0ASan+Diego+Padres+vs.+Los+Angeles+Dodgers+Game+2+odds%2C+picks+and+best+bets.%0D%0AThe+San+Diego+Padres+and+Los+Angeles+Dodgers+continue+their+National+League+Division+Series+with+Game+2+Wednesday+night+at+9%3A08+p.m.+ET+at.%0D%0AMiami+Marlins+vs.+Atlanta+Braves+Game+2+odds%2C+picks+and+best+bets.%0D%0AThe+Miami+Marlins+play+the+Atlanta+Braves+in+Game+2+of+the+NLDS+Wednesday+in+their+neutral+site+of+Minute+Maid+Park+in+Houston%2C+Texas.%0D%0ASan+Diego+Padres+vs.+Los+Angeles+Dodgers+Game+1+odds%2C+picks+and+best+bets.%0D%0AThe+San+Diego+Padres+start+a+National+League+Division+Series+against+the+NL+West+rival+Los+Angeles+Dodgers+Tuesday.+The+first+pitch+is+scheduled.%0D%0A%0D%0A%0D%0AMLB+Betting%3A+Best+Bets+to+Win+the+NLCS+%282020%29%0D%0APicking+the+NL+champ+doesn%D0%B2%D0%82%E2%84%A2t+present+nearly+as+difficult+of+a+task+as+predicting+the+AL.+The+Dodgers+are+the+clear+favorite+and+will+likely+come+out+on+top+with+such+a+deep+staff+and+the+league%D0%B2%D0%82%E2%84%A2s+top+offense.+It%D0%B2%D0%82%E2%84%A2s+never+a+given%2C+however%2C+and+one+only+needs+to+look+at+the+past+to+see+that+it+almost+never+goes+as+planned.+It+is+baseball+after+all%2C+and+the+playoffs+are+a+whole+different+animal.+There%D0%B2%D0%82%E2%84%A2s+plenty+of+nerves+to+go+around+and+you+never+know+how+players+will+respond+until+they+hit+the+field.+Plus%2C+with+the+first+two+rounds+only+going+three+and+five+games+respectively%2C+anything+can+happen.%0D%0AThe+NL+playoffs+will+take+place+at+the+new+Global+Life+Field+in+Arlington+and+in+Houston%D0%B2%D0%82%E2%84%A2s+Minute+Maid+Park.+Both+are+renowned+as+hitters+parks+where+offense+and+home+runs+should+rule+the+narrative.+There+will+be+no+days+off%2C+so+staffs+will+need+to+be+deep+and+minor+injuries+quickly+shaken+off.%0D%0AThe+Dodgers+are%2C+of+course%2C+a+great+pick+even+at+just+over+even+money%2C+but+let%D0%B2%D0%82%E2%84%A2s+explore+some+other+possible+teams%2C+along+with+the+Dodgers+who+could+make+a+run+at+the+pennant.+The+odds+are+rather+decent+and+do+make+for+some+very+worthwhile+picks.%0D%0AThe+LA+Dodgers+are+heavily+favored+and+for+good+reason.+They+do+everything+well+and+will+have+no+problem+running+through+a+Corbin+Burnes-less+Brewers%2C+followed+by+the+winner+of+the+Padres%2FCardinals+series.+They%D0%B2%D0%82%E2%84%A2ve+already+shown+they+can+handle+the+Padres+during+the+regular+season%2C+and+with+the+injuries+among+the+pitching+staff%2C+San+Diego+will+have+an+even+tougher+time+advancing.+The+Cardinals%2C+if+they+somehow+make+it+past+the+Padres%2C+will+pose+little+threat+to+LA+over+a+5+game+series.+St.Louis%D0%B2%D0%82%E2%84%A2s+staff+simply+doesn%D0%B2%D0%82%E2%84%A2t+have+enough+quality+arms+to+get+it+done.+Even+if+Jack+Flaherty+or+Kwang-hyun+Kim+throws+a+gem+against+the+Dodgers+%231+run-scoring+offense%2C+good+luck+to+the+rest+of+the+staff+trying+to+shut+them+down.%0D%0AThat+leaves+the+Championship+Series+vs.+either+the+Braves%2C+Cubs%2C+or+possibly+the+Reds.+As+good+as+these+three+teams+are%2C+none+of+them+have+the+overall+depth+and+ability+to+match+up+with+the+Dodgers%2C+and+even+though+they+may+force+six+or+even+seven+games%2C+Los+Angeles+will+be+the+heavy+favorite.+No+one+can+match+their+firepower+on+offense+to+go+along+with+their+top-notch+staff+and+shut+down+bullpen.+They+averaged+almost+2+home+runs+a+game+and+while+the+Cubs+and+Braves+do+have+a+shot%2C+they+won%D0%B2%D0%82%E2%84%A2t+nearly+be+up+to+the+challenge.%0D%0AI+loved+the+Reds+over+a+week+ago+when+they+were+listed+at+a+ridiculous+35-1+to+win+the+NL+pennant.+Now+that+they%D0%B2%D0%82%E2%84%A2ve+made+it+in+as+the+7th+seed%2C+you%D0%B2%D0%82%E2%84%A2ll+have+to+settle+for+the+current+12-1+line.+The+way+their+bats+have+come+alive+supported+by+some+gutty+pitching+performances%2C+you+have+to+like+their+chances.%0D%0AOver+their+final+five+3+game+series%2C+4+of+which+came+against+playoff-bound+teams%2C+the+Reds+won+all+of+them.+The+most+recent+series+impressively+came+against+the+AL+Central+champs%2C+the+Minnesota+Twins.%0D%0AIn+the+Wild+Card+round%2C+they+draw+the+NL+East+champs%2C+the+Atlanta+Braves.+At+first+glance%2C+the+Braves+are+the+obvious+choice+in+this+series%2C+but+taking+into+consideration+the+pitching+matchups+and+possible+injuries%2C+the+outlook+is+a+lot+more+evenly+matched.%0D%0AWhen+discussing+the+Cincinnati+Reds%2C+one+must+start+with+Cy+Young+candidate%2C+Trevor+Bauer.+The+electric+starter+has+been+nothing+short+of+phenomenal+this+year.+He+ended+the+season+with+a+1.73+ERA%2C+including+2+shutouts%2C+a+0.795+WHIP%2C+and+12.3+SO%2F9.+He%D0%B2%D0%82%E2%84%A2ll+start+game+1%2C+opposed+by+Braves+ace%2C+Max+Fried.+Fried%2C+while+impressive+by+his+own+right+%282.25+ERA%2C+1.09+WHIP%2C+8.0+SO%2F9%29%2C+was+not+quite+as+overpowering+as+Bauer.%0D%0AFried+has+also+dealt+with+some+injuries+lately.+He+left+his+last+start+after+one+inning+with+a+tweaked+ankle%2C+and+a+few+weeks+prior+he+spent+time+on+the+IL+for+a+side+injury+%28muscle+spasm+in+his+lumbar+spine%29.+His+strongest+attribute+is+that+he+limits+home+runs%2C+something+the+Reds+live+and+die+by.+Having+allowed+only+2+home+runs+over+56+innings%2C+Fried+presents+a+very+difficult+matchup+for+the+Reds+as+long+as+he%D0%B2%D0%82%E2%84%A2s+healthy.+I+wouldn%D0%B2%D0%82%E2%84%A2t+bet+against+Bauer+however%2C+not+this+year.+The+guy+is+on+a+mission+and+he%D0%B2%D0%82%E2%84%A2s+an+absolute+machine.+If+he+can+keep+the+ball+in+the+ballpark%2C+I+expect+the+Reds+to+sneak+by+and+steal+a+victory+in+game+1.%0D%0AThe+Braves+staff+quickly+goes+downhill+after+Fried+and+will+have+a+tough+time+winning+two+in+a+row+against+the+changeup+specialist%2C+Luis+Castillo%2C+and+a+healthy+Sonny+Gray.+T+hat+is+of+course+if+they+can+limit+MVP+candidate+Freddy+Freeman+and+company%2C+who+as+a+whole+have+scored+more+runs+than+any+team+other+than+the+Dodgers.+They+also+slugged+the+second-most+home+runs+in+the+league%2C+while+leading+all+of+MLB+in+total+bases+and+OPS.%0D%0AThe+Braves+also+have+to+hope+Ronald+Acuna%D0%B2%D0%82%E2%84%A2s+wrist+will+hold+up%2C+which+caused+him+to+miss+the+end+of+the+regular+season.+Reports+are+that+he%D0%B2%D0%82%E2%84%A2s+a+full+go+for+game+one%2C+but+it%D0%B2%D0%82%E2%84%A2s+something+to+consider+when+placing+your+hard-earned+cash.%0D%0AThe+Reds+will+have+their+hands+full%2C+getting+past+the+Braves%2C+Cubs%2C+and+Dodgers%2C+but+the+tenacity+they%D0%B2%D0%82%E2%84%A2ve+shown+over+the+past+two+weeks+leads+me+to+believe+at+12-1+you+don%D0%B2%D0%82%E2%84%A2t+have+a+lot+to+lose.+With+this+in+mind%2C+both+teams+are+worth+taking+at+their+current+odds.+While+I+rarely+do+this%2C+I%D0%B2%D0%82%E2%84%A2m+taking+the+Reds+at+12-1+and+the+Braves+with+their+ridiculous+lineup+at+5.5-1+to+win+the+NL+Pennant.%0D%0ASomething%2C+maybe+just+call+it+a+gut+feeling%2C+or+possibly+because+they+drew+the+Marlins+in+the+first+round%2C+but+something+tells+me+the+Cubs+are+going+to+get+hot+in+the+playoffs+and+make+a+strong+run+at+the+pennant.+Seeing+Kris+Bryant+finally+come+alive+and+watching+Willson+Contreras+hit+multiple+bombs+%28with+possibly+the+largest+bat+flip+of+all+time%29+in+the+final+series+against+the+White+Sox%2C+has+me+thinking+these+guys+are+going+to+come+out+streaking+in+the+playoffs.%0D%0ALet%D0%B2%D0%82%E2%84%A2s+face+it%2C+the+Cubs%2C+outside+of+staff+ace+Yu+Darvish+and+Kyle+Hendricks%2C+have+looked+downright+bad.+Yet+somehow%2C+they+were+able+to+win+a+division+where+4+teams+made+the+playoffs%21+Their+bullpen+hasn%D0%B2%D0%82%E2%84%A2t+been+good+with+the+exception+of+Jeremy+Jeffress%2C+and+even+he+walks+too+many+guys.+The+lineup+has+slumped+most+of+the+year+while+still+hitting+some+timely+home+runs%2C+and+the+starting+staff%2C+besides+the+two+guys+previously%2C+mentioned+has+scuffled.+All+that+said%2C+however%2C+the+playoffs+are+a+whole+different+animal+and+once+you%D0%B2%D0%82%E2%84%A2re+in%2C+it%D0%B2%D0%82%E2%84%A2s+all+about+how+you+match+up+against+the+single+opponent+you%D0%B2%D0%82%E2%84%A2re+faced+with.%0D%0AFirst+up+is+the+Marlins.+As+great+of+a+story+that+they+made+it+into+the+playoffs%2C+Darvish+and+Hendricks+should+make+quick+work+of+their+unrelenting+lineup.+Then+they%D0%B2%D0%82%E2%84%A2ll+face+either+the+Braves+or+the+Reds.+While+either+team+will+make+for+a+difficult+matchup%2C+the+Cubs+beat+the+Reds+6+out+of+10+times+during+the+regular+season.+They+never+faced+the+Braves%2C+but+on+paper%2C+I+do+believe+they+match+up+quite+well+against+them.%0D%0AIf+Darvish+and+Hendricks+can+do+their+thing%2C+and+Jon+Lester%2C+who%D0%B2%D0%82%E2%84%A2s+always+great+in+the+playoffs+%281.93+ERA+over+his+last+56+IP%29+can+keep+it+going%2C+the+Cubs+are+going+to+surprise+a+lot+of+people.+At+15%2F2+you+are+taking+them+to+simply+make+the+NLCS%2C+which+allows+you+to+hedge+your+bet+and+likely+take+the+Dodgers+in+the+series.%0D%0AWith+the+Marlins+in+the+first+round+and+the+matchups+on+their+side%2C+the+Cubs+make+for+a+decent+long+shot+at+7.5+to+1.%0D%0AWhether+you%D0%B2%D0%82%E2%84%A2re+new+to+sports+betting+or+a+betting+pro%2C+our+How+To+Bet+and+Sports+Betting+Strategy+and+Advice+pages+are+for+you.+You+can+get+started+with+our+Sports+Betting+101+Section+%D0%B2%D0%82%E2%80%9D+including+10+Sports+Betting+Tips+for+Beginners+%D0%B2%D0%82%E2%80%9D+or+head+to+more+advanced+sports+betting+strategy+%D0%B2%D0%82%E2%80%9D+like+Key+Numbers+When+Betting+Against+the+Spread+%D0%B2%D0%82%E2%80%9D+to+learn+more.%0D%0AAustin+Lowell+is+a+featured+writer+at+BettingPros.+For+more+from+Austin%2C+check+out+his+archive+.%0D%0A%0D%0A%0D%0ASections.%0D%0AAdvertisement.%0D%0ASt.+Louis+Cardinals+at+Atlanta+Braves+NLDS+Game+5+odds%2C+picks+and+betting+tips.%0D%0AShare+this+article.%0D%0AThe+St.+Louis+Cardinals+and+Atlanta+Braves+meet+in+a+decisive+Game+5+of+their+National+Lea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Battewly
Sun, 18 July 2021 09:33:14 +0000

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Wonimalse
Sun, 18 July 2021 09:06:24 +0000

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п»їBest Sportsbook Online - 2021 Top Sports Betting Site.
The legalization of Sports Gambling has opened up doors for online sports betting sites that have long been innovating and creating user experiences online and in mobile applications. The result is that sports betting has become open for business and that will open the world up to many opportunities for everyone involved.
Account Options.
The best way to get involved in sports betting is to pick from the best online betting sites. Sports betting online is already a business for a litany of companies, but there are a few that have differentiated themselves as the top user experiences in this growing business.The top sites include the following: Bovada BetOnline MyBookie.
Making the choice.
The best site depends upon the wants and needs of the individual customer. Sites are known to customize their experience to mobile instances and apps are already developed that will help you bet on a sport virtually anywhere.
Making Deposits.
Sites can also now be trusted with deposits because of the legality of sports gambling. Sports betting online is now as simple as transferring money from your bank account to start and requesting a payout whenever you feel necessary. The old model where your money was held at an offshore account is no longer necessary. This will bring legitimacy and foster trust between the Company and customer that should make online sports betting sites even more popular.
Differentiating Websites.
The very best online betting sites will no doubt continue to innovate. In a lot of ways, websites have only started to come up with new ways to attract customers. Making live bets is a process has not been tested very thoroughly and the best sports betting sites will go online with live sports bets in a way that makes it very easy to make a bet and win or lose within minutes or even seconds. This is just one example of a way that the best sports betting sites will differentiate themselves.
Picking Sides.
The best thing about making a bet is that the options are endless. There are thousands of wagers available to consumers and it is very easy to find a niche. From making wagers on the coin flip of a game all the way to making over/under bets on season-long wins, there are options for everyone who wants to get a little action on a game.
Reality Moving Forward.
The reality of wagering is that it can be a very risky proposition if a person takes it too seriously or tries to make a living with their bets. The best way to approach this new legal business to treat it as a hobby and use discretionary income only to make wagers. If treated as a hobby and done in moderation, there is absolutely nothing that is better for a fan of sports. The key to optimizing the experience is to find the right dance partner. The decision between Bovada, BetOnline or Mybookie depends on the preferences of each individual.
The Future is Bright.
There is no telling how much this industry will grow going forward. The future will be defined by increased regulation and transparency which should help to further legitimize the business in the eyes of skeptics. There will no doubt be additional entrants into the industry as the business case is further solidified. All of this will be great for customers looking to get the best gambling deals and user experience. Increased competition will make the experience infinitely better. So buckle up and enjoy the ride!


Best 3 Sports Betting Sites Online 2021 - Top-rated Sportsbooks.
#1. Bovada.
Bonus: 50% up to $250.
#2. BetOnline.
Bonus: 50% up to $1000.
#3. MyBookie.
Bonus: 50% up to $1000.
Sports gambling has become extraordinarily popular and profitable for many, with sports betting online having turned into a multi-billion dollar industry. The best sports betting sites are now online sports betting sites, as the wealth and breadth of key information on top websites online give gamblers in-depth information and analysis literally moments after this information becomes available.
Parties perhaps interested in delving into online sports betting have to recognize that, like any other reputable industry, and gambling in particular, a great number of rules and regulations are firmly in place to help prevent cheating, crime, and corruption that can materialize so quickly in the betting industry. The best online betting sites recognize these concerns and have in place rules, regulations, and measures that keep their companies operating within the full framework of all laws while still growing and expanding to make their business venture a success.
The Industry Leaders.
Gamblers need to realize that laws relating to sports gambling within states, and sports betting online, are constantly changing. Online sports betting sites, the top sites in sport, sites such as Bovada, BetOnline, and MyBookie, make fully clear the rules and regulations of their sites and the industry they serve. Participants should know all the rules and regulations within that site before making bets, and should know what's legal and permissible in one state doesn't necessarily apply to another.
Participating states, and those in line.
As of 2018, six states have legal sports betting: New Jersey, Nevada, West Virginia, Pennsylvania, Rhode Island, and Mississippi. Other states are lining up varied legislation that will make the activity legal within their state lines, to varied degrees, coming up. These states include Delaware, New Mexico, Arkansas, Michigan, New York, and Connecticut.
One example of a leader in the industry.
MyBookie, whose sportsbook is rated among the best online betting sites in 2019, accept bets on a wide array of U.S. pro and college sports. Sports they feature include the NFL, MLB, NCAA, NHL, NBA, NASCAR, Golf, and Tennis. In addition to straight bets, they offer wager types including Parlays, Buying and Selling Points, Teasers, If Bets and Action wagers. They feature lines displayed in American, Fractional or Decimal Odds. Their new features include Live Bets and a mobile-friendly website that combine with a Casino & North American Racebook.
Ways to get the action with participating websites.
There are several ways to LIVE stream contests with the best sports betting sites. If players can cast to their Smart TV, or if they own a Google Chromecast, Roku device, or Amazon Fire Stick, they can get the fastest and latest action down on the latest lines. And as an incentive to sign up, players here can get a Sportbook Bonus of 50% up to $1000.
In addition to taking deposits via bank wires, person to person money transfers, and cashiers checks, MyBookie accepts Visa and Mastercard, credit cards, and Bitcoin. Having multiple payout options, they can process withdrawals in less than 24 hours via Bitcoin. This fully licensed online company offers players a series of generous bonuses and rewards welcoming them, providing potential players further incentive to sign up and immediately begin play.


Best 5 Sports Betting Sites Online 2020 | Top Sportsbooks.
Sports betting on the Internet can be a thrilling experience for anyone. If you want your sports betting experience to go off without a hitch, however, you need to find the right website. Thankfully, the Internet is home to quite a few appropriate sites that can provide users with top-notch experiences. Be sure to check them out as soon as you get the chance.
#1 Bovada.
If you’re keen on sports betting online, then there aren’t many website options that can even compete with Bovada. People who have penchants for gambling on the Internet often can’t turn away from this option. It presents users with an abundance of diverse choices as well. Some examples of these are baseball, basketball, and golf. It doesn’t matter what your specific sport preferences are. Bovada can help you attain an online betting experience that’s one for the record books, period. When you’re on the lookout for the best sports betting sites, then Bovada without a doubt should be on your radar. Fans of sports betting online frequently gravitate to Bovada and to all of its choices. Registration with Bovada can be a delight as well. That’s due to the fact that newbies can receive thrilling perks as incentives. If you like the concept of betting on hockey, basketball and the like, then you won’t be able to resist paying a visit to Bovada. Tennis bets have never been quite so pleasant online.


Best 5 Online Sports Betting Sites 2021 – Top Rated Sportsbooks.
When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.
#1 Bovada.
Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.
Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.
Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.
#2 BetOnline.
Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.
You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.
Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.
#3 MyBookie.
MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.
Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.
With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.
Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.




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п»їArbitrage betting: The betting system that guarantees a win with every bet.
Sports betting, in recent years, have evolved in leaps and bounds – from the traditional sportsbook house in our neighborhoods to online sports betting websites like Sbobet.org. And as a result of this evolution, many players have started flocking in.
And as we all know, wherever there’s a multitude of persons, many innovative strategies are bound to be discovered. In the world of sports betting, the “arbitrage betting” is one such strategy. So what exactly is it, and how does it work?
What is arbitrage betting?
Although the general consensus in the betting world is that nothing is assured as far as betting goes, the arbitrage betting strategy actually begs to differ. In fact, the sort of guarantee it assures is so certain that a player is bound to win almost every time.
Otherwise known as “arb betting” or “arbing,” arbitrage betting is a simple betting strategy that involves placing bets on every possible outcome of an event.
While most regular punters often place their bets on either side to win, lose or draw, arbitrage betting requires that you place your money on every possible scenario.
Now, that must be sounding like a counterintuitive idea already. How could you ask a player to place their money on different outcomes? On the one hand, that would cost more money, and on the other hand, whatever winnings they generate would never be enough to offset the costs they’ve incurred. So, arbitrage betting doesn’t sound too appealing, after all.
Well, before you rush to nail it to the cross, let’s see how it really works first.
What is betting market price?
Before going into the discussion of how arbitrage betting works and how you can leverage it to make money, it is important that we talk about a subject first – market price. What is market price? You may wonder.
In simple terms, the market price is the odds value that is currently available on various betting platforms or even at another bookmaker. Normally, a bookie will try and offer odds that are lower than the market price, which is how they make their money, which is also a situation known as “bookmakers overround.”
Now, in order for arbing to work, it is important that a punter first spots the arb bet floating around. Usually, many bookies post higher odds (that is, odds higher than the market price) to attract new customers, but only for a short while. Now, after this brief spell, these odds are brought in line with the market price, to equalize those of other bookies.
How does arbing work?
As earlier mentioned, arbing is a process of placing bets on every possible outcome of an event, in a bid to turn a profit in the end.
Quick case study one;
A simple example of this can be seen in the case of a football match, which usually has three possible outcomes – win, draw, or lose. No, while arbing, a punter would have to place a bet on each of these possibilities, that is, bet on team A to win, place another bet on team B to win, and lastly place a bet on the match to end in a draw. If it was tennis, however, a punter would only have to bet on two scenarios, that is, bet on each player to win.
Now, here is where the trick of this strategy comes in. In order to turn a profit at the end of the day, punters cannot and shouldn’t place all of their at bets just one bookmaker. The reason is that when you place all three or two bets at just one bookmaker, you’re already setting yourself up for a loss and condemning your bankroll to jail already. Because, bookmakers always set their odds to balance out, in order to give themselves a chance to make profits. So, when you pour all your eggs in one basket, you’d virtually guarantee a loss.
Quick case study two;
Let’s say in a tennis game, the odds on player A to win are 1.87, and the odds on player B to win are also 1.87. Now, let’s assume that a punter places a bet of $100 on each of these outcomes, their total bet cost would be $200. But their possible return on any winning event is $187, including their initial stake. So regardless of who won, the punter would walk home with a loss of $13.
This has happened because the punter chose to stick with just a bookie for all their bets. For arbing to work, you need to visit different bookie for every one of your bets. The reason for this is that different bookies will have different ideas about a game and its outcome. As a result, they are all bound to post different odds, which is actually an opportunity for any willing punter to turn some decent profits.
So take a look at case study 2 from an arbing angle:
Odds on bookie 1:
Player A to win is 1.87, and player B to win is 1.87.
Odds on bookie 2:
Player A to win is 1.65 and player B to win is 2.24.
Now, when you arb, you may place a bet on player A to win with bookie 1 and another bet on player B to win with bookie 2. From this, you can clearly see the potential for profit developing gradually.
Although your total outlay would still be $200, you can then wager $110 on player A to win on bookie 1 and wager $90 on player B to win on bookie 2.
If 1A wins: $109 x 1.87 = $203.83.
If 2B wins: $91 x 2.24 = $203.84.
From the above case study, it’s glaring that you’ll always make a profit regardless of the outcome. But keep in mind that arbitrage betting can only happen when the right set of opportunities are available. Luckily the odds on various sporting events can vary enough between different bookies to create plenty of these opportunities.
Downsides.
This strategy has the following downsides:
Harder to win big money if you don’t have a pretty big bankroll. But if you do, you can stake big money to earn big returns. Works best for a two-outcome game like tennis. Although it can work for a triple outcome game like football too, it will require much work and calculations. Punters have to be pretty fast with their bets because these opportunities may only be up for a few minutes.


4 Proven Betting Systems That Work in 2021.
I remember when I first started searching for a proven betting system googling the term “ betting systems .”
There was all sorts of progressive staking systems , martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.
But after researching a bit longer I found a few betting systems that did actually work.
Here are four betting systems that I have used over the years.
Which continue to be profitable in the year 2021.
Proven Betting System 1 – Arbitrage Betting.
Table of Contents.
Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio . Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.
Here is an example of a number of arbitrage bets found using the software rebelbetting.
For example if we take one of the arbitrage bets above.
There is a 3.7% arbitrage bet between The New Saints and Bala in the Welsh division.
In the draw no bet market The New Saints could be backed at 1.53 with Marathonbet and Bala could be backed at 3.2 with William Hill.
For every ВЈ100 risked across both outcomes a profit of ВЈ3.7 could be guaranteed.
With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk.
It is a system that once you understand can be used again and again.
Negatives of arbitrage betting?
The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.
Proven Betting System 2 – Value Betting.
Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.
Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.
Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable.
The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.
Negatives of value betting?
Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.
However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.
Proven Betting System 3 – Matched Betting.
The popularity of matched betting has exploded in the last few years and with good reason.
Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage.
The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot.
I have covered matched betting in a lot more detail in this article below.
Negatives of matched betting?
There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.
So there you have 3 proven betting systems that are currently working in 2020. Which should also prove be profitable in the long term.
Each of these betting systems involve exploiting soft bookmakers.
This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.
Proven Betting System 4 – Betting On Team News.
One proven betting strategy that you might know is reacting quickly to team news.
Odds can rapidly change on the basis of team news, if you have a good knowledge of the teams that are playing.
Then you will often be able to secure yourself a value bet.
Here is a good example of how odds can change when a teams lineup is announced.
In this example I have highlighted the point at which team news was announced.
This was a Europa League between Arsenal and Standard Liege.
Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.
If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege. Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.
This is a really effective strategy and if you have access to betting exchanges you can often secure yourself a profit before the game even starts.
Here are two videos which explain this strategy in more detail.
Which betting systems have you found to work best?
Are there any that are missing from this list?


Arbitrage betting: The betting system that guarantees a win with every bet.
Sports betting, in recent years, have evolved in leaps and bounds – from the traditional sportsbook house in our neighborhoods to online sports betting websites like Sbobet.org. And as a result of this evolution, many players have started flocking in.
And as we all know, wherever there’s a multitude of persons, many innovative strategies are bound to be discovered. In the world of sports betting, the “arbitrage betting” is one such strategy. So what exactly is it, and how does it work?
What is arbitrage betting?
Although the general consensus in the betting world is that nothing is assured as far as betting goes, the arbitrage betting strategy actually begs to differ. In fact, the sort of guarantee it assures is so certain that a player is bound to win almost every time.
Otherwise known as “arb betting” or “arbing,” arbitrage betting is a simple betting strategy that involves placing bets on every possible outcome of an event.
While most regular punters often place their bets on either side to win, lose or draw, arbitrage betting requires that you place your money on every possible scenario.
Now, that must be sounding like a counterintuitive idea already. How could you ask a player to place their money on different outcomes? On the one hand, that would cost more money, and on the other hand, whatever winnings they generate would never be enough to offset the costs they’ve incurred. So, arbitrage betting doesn’t sound too appealing, after all.
Well, before you rush to nail it to the cross, let’s see how it really works first.
What is betting market price?
Before going into the discussion of how arbitrage betting works and how you can leverage it to make money, it is important that we talk about a subject first – market price. What is market price? You may wonder.
In simple terms, the market price is the odds value that is currently available on various betting platforms or even at another bookmaker. Normally, a bookie will try and offer odds that are lower than the market price, which is how they make their money, which is also a situation known as “bookmakers overround.”
Now, in order for arbing to work, it is important that a punter first spots the arb bet floating around. Usually, many bookies post higher odds (that is, odds higher than the market price) to attract new customers, but only for a short while. Now, after this brief spell, these odds are brought in line with the market price, to equalize those of other bookies.
How does arbing work?
As earlier mentioned, arbing is a process of placing bets on every possible outcome of an event, in a bid to turn a profit in the end.
Quick case study one;
A simple example of this can be seen in the case of a football match, which usually has three possible outcomes – win, draw, or lose. No, while arbing, a punter would have to place a bet on each of these possibilities, that is, bet on team A to win, place another bet on team B to win, and lastly place a bet on the match to end in a draw. If it was tennis, however, a punter would only have to bet on two scenarios, that is, bet on each player to win.
Now, here is where the trick of this strategy comes in. In order to turn a profit at the end of the day, punters cannot and shouldn’t place all of their at bets just one bookmaker. The reason is that when you place all three or two bets at just one bookmaker, you’re already setting yourself up for a loss and condemning your bankroll to jail already. Because, bookmakers always set their odds to balance out, in order to give themselves a chance to make profits. So, when you pour all your eggs in one basket, you’d virtually guarantee a loss.
Quick case study two;
Let’s say in a tennis game, the odds on player A to win are 1.87, and the odds on player B to win are also 1.87. Now, let’s assume that a punter places a bet of $100 on each of these outcomes, their total bet cost would be $200. But their possible return on any winning event is $187, including their initial stake. So regardless of who won, the punter would walk home with a loss of $13.
This has happened because the punter chose to stick with just a bookie for all their bets. For arbing to work, you need to visit different bookie for every one of your bets. The reason for this is that different bookies will have different ideas about a game and its outcome. As a result, they are all bound to post different odds, which is actually an opportunity for any willing punter to turn some decent profits.
So take a look at case study 2 from an arbing angle:
Odds on bookie 1:
Player A to win is 1.87, and player B to win is 1.87.
Odds on bookie 2:
Player A to win is 1.65 and player B to win is 2.24.
Now, when you arb, you may place a bet on player A to win with bookie 1 and another bet on player B to win with bookie 2. From this, you can clearly see the potential for profit developing gradually.
Although your total outlay would still be $200, you can then wager $110 on player A to win on bookie 1 and wager $90 on player B to win on bookie 2.
If 1A wins: $109 x 1.87 = $203.83.
If 2B wins: $91 x 2.24 = $203.84.
From the above case study, it’s glaring that you’ll always make a profit regardless of the outcome. But keep in mind that arbitrage betting can only happen when the right set of opportunities are available. Luckily the odds on various sporting events can vary enough between different bookies to create plenty of these opportunities.
Downsides.
This strategy has the following downsides:
Harder to win big money if you don’t have a pretty big bankroll. But if you do, you can stake big money to earn big returns. Works best for a two-outcome game like tennis. Although it can work for a triple outcome game like football too, it will require much work and calculations. Punters have to be pretty fast with their bets because these opportunities may only be up for a few minutes.


4 Proven Betting Systems That Work in 2021.
I remember when I first started searching for a proven betting system googling the term “ betting systems .”
There was all sorts of progressive staking systems , martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.
But after researching a bit longer I found a few betting systems that did actually work.
Here are four betting systems that I have used over the years.
Which continue to be profitable in the year 2021.
Proven Betting System 1 – Arbitrage Betting.
Table of Contents.
Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio . Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.
Here is an example of a number of arbitrage bets found using the software rebelbetting.
For example if we take one of the arbitrage bets above.
There is a 3.7% arbitrage bet between The New Saints and Bala in the Welsh division.
In the draw no bet market The New Saints could be backed at 1.53 with Marathonbet and Bala could be backed at 3.2 with William Hill.
For every ВЈ100 risked across both outcomes a profit of ВЈ3.7 could be guaranteed.
With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk.
It is a system that once you understand can be used again and again.
Negatives of arbitrage betting?
The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.
Proven Betting System 2 – Value Betting.
Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.
Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.
Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable.
The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.
Negatives of value betting?
Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.
However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.
Proven Betting System 3 – Matched Betting.
The popularity of matched betting has exploded in the last few years and with good reason.
Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage.
The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot.
I have covered matched betting in a lot more detail in this article below.
Negatives of matched betting?
There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.
So there you have 3 proven betting systems that are currently working in 2020. Which should also prove be profitable in the long term.
Each of these betting systems involve exploiting soft bookmakers.
This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.
Proven Betting System 4 – Betting On Team News.
One proven betting strategy that you might know is reacting quickly to team news.
Odds can rapidly change on the basis of team news, if you have a good knowledge of the teams that are playing.
Then you will often be able to secure yourself a value bet.
Here is a good example of how odds can change when a teams lineup is announced.
In this example I have highlighted the point at which team news was announced.
This was a Europa League between Arsenal and Standard Liege.
Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.
If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege. Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.
This is a really effective strategy and if you have access to betting exchanges you can often secure yourself a profit before the game even starts.
Here are two videos which explain this strategy in more detail.
Which betting systems have you found to work best?
Are there any that are missing from this list?




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п»ї08 NFL Super Bowl XLII Point Spread Betting Line Odds Patriots Giants.
Super Bowl XLII Odds.
The odds are out for the 2008 NFL Super Bowl XLII game between the New England Patriots and the New York Giants. Oddsmakers from online sports book Bodog have opened betting on this game by listing the Patriots as -13.5 point spread betting line favorites. The over/under odds were opened at 55 total points according to Bodog oddsmakers.
New England is 10-8 against the point spread this season. The Patriots averaged 36.5 ppg on offense while only allowing 17.3 ppg on defense in 2007-2008. The Patriots margin of victory is 19.2 points. 11 of the 18 games New England has played in this year have gone over the total number of points set by oddsmakers.
New York 13-6 against the point spread this season. The Giants averaged 23.2 ppg on offense while only allowing 21.2 ppg on defense this year. The Giants margin of victory is 2.0 points. 9 of the 18 games New York has played in this year have gone over the total number of points set by oddsmakers.
Currently, Bodog oddsmakers have New England and New York listed as 1/3 and 8/1 odds to win Super Bowl XLII, respectively.
The 2008 NFL Super Bowl XLII game will be played Sunday February 3, 2008 at 6pm from University of Phoenix Stadium in Glendale, Arizona. This game can be seen in HD on CBS.
More 2008 Super Bowl XLII:


Super Bowl odds: Predictions for Chiefs vs. Buccaneers | Experts picks, betting offers.
Tampa Bay Buccaneers quarterback Tom Brady will face the Kansas City Chiefs in Super Bowl LV on Sunday. (AP Photo | Matt Ludtke) AP.
The AFC champion Kansas City Chiefs, led by quarterback Patrick Mahomes, are 3-point favorites to beat the NFC champion Tampa Bay Buccaneers, led by quarterback Tom Brady, in Super Bowl LV in Tampa, Florida, on Sunday, February 7, 2021.
Brady, who won six Super Bowls with the New England Patriots, is looking for another ring, this time with the Bucs, who signed him as a free agent in 2020. Brady has lost three Super Bowls -- two to the New York Giants and one to the Philadelphia Eagles.
Mahomes and the Chiefs, the defending NFL champions, are looking for their second title in a row. They rallied to beat the San Francisco 49ers last year, 31-20.
Here’s what you need to know:
Against the spread: Chiefs 8-10-0 | Bucs 11-8-0.
Line: Chiefs -3.
Over/under: 56.5.
Get a free bet for the Super Bowl.
As a new customer, you can get free bets on the Super Bowl. We have put together a list of the best NFL betting offers available.
Here are our picks:
Steve Politi, Columnist.
This feels like one of those Super Bowls we’ll look back on and wonder, “How the heck did Tampa Bay get that far?” The answer is Tom Brady, some good fortune and some historically bad decisions from opposing coaches. The Chiefs have the best player in football, a game-breaking receiver and a dynasty in the making. They’ll win easily. Chiefs 34, Buccaneers 20.
Darryl Slater, NFL analyst.
So many intriguing storylines in this Super Bowl. Can Tom Brady win his seventh championship? Or will Patrick Mahomes and the Chiefs become the first team to repeat since Brady’s Patriots in 2003-04? This is also a redemptive opportunity for ex-Jets coach Todd Bowles, now the Buccaneers’ defensive coordinator. If Tampa Bay wins, Bowles will have conquered Drew Brees, Aaron Rodgers, and Mahomes while winning his first title as a coach. But the Chiefs’ offense — ranked third in Pro Football Focus’ ratings — ultimately will be too much for Bowles and Co., who are fifth in PFF’s defensive ratings. Chiefs 38, Buccaneers 35.
Zack Rosenblatt, Giants beat reporter.
This is one of the more exciting quarterback matchups … maybe ever? A legacy-defining one for Patrick Mahomes, possibly. The Buccaneers playing the Super Bowl at home is uncharted territory. There are a lot of little things, like the Chiefs’ decimated offensive line going against an elite Buccaneers defensive front, that make Tampa Bay a logical pick to upend Kansas City. Tom Brady is still Tom Brady. But at the end of the day, Mahomes is the best football player in the world, the Chiefs’ offense is unstoppable and overall they are simply too good to be overcome even by the greatest quarterback in NFL history. Chiefs 28, Buccaneers 24.
Michael Kaye, Eagles beat reporter.
An under-discussed storyline this week is the Super Bowl rematch between Tom Brady and former Giants defensive coordinator Steve Spagnuolo, who brilliantly pressured the then-Patriots QB in Super Bowl XLII. Spagnuolo put out the blueprint on how to mitigate Brady in a Super Bowl, and with Patrick Mahomes putting up points on the opposite side of the ball, the Chiefs’ defensive coordinator will be able to take chances with blitzes against Brady and the Bucs. While this one will be close, Spags’ strategy should bring out the worst in Brady like it did in 2007. Chiefs 27, Buccaneers 23.
Chris Franklin, Eagles beat reporter.
The Nov. 29 matchup, won by the Chiefs, was decided by three points. The Tom Brady vs. Patrick Mahomes showdown should be entertaining, and both offenses can move the ball through the air. The difference will lie with the run game. The Buccaneers have allowed an average of only 85.7 rushing yards in three playoff games. The Bucs are the first team to play a Super Bowl at home, which will help Brady win his seventh Super Bowl title. Buccaneers 31, Chiefs 27.
Joe Giglio, NFL reporter.
Get ready for a shootout in Tampa Bay. Kansas City’s offense is too dynamic and special to be stopped. Tampa Bay’s attack is on fire, with a 43-year-old quarterback that somehow looks younger by the week. One day, we’ll remember this game as a battle of the two best quarterbacks in NFL history. Tom Brady is the GOAT, and will hold that stats for a long time. But Patrick Mahomes is special enough to actually chase him down one day, and that quest starts with back-to-back titles and a head-to-head win on the biggest stage. Chiefs 33, Buccaneers 27.
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Super Bowl 2021 Odds: Latest Betting Lines and Trends for Chiefs vs. Buccaneers.
For the first time in almost a decade, two teams that have met in the regular season will contest the Super Bowl.
When the Kansas City Chiefs and the Tampa Bay Buccaneers cross path in Super Bowl LV on Sunday, they will become the first two franchises to collide in the NFL championship game after meeting in the regular season since the New York Giants defeated the New England Patriots in Super Bowl XLVI.
In the 13 times the rematch of a regular season meeting has taken place in the Super Bowl, the teams that won the regular season matchup have won on six occasions. That bodes well for the Bucs, who lost 27-24 when the Chiefs visited Raymond James Stadium in Week 12 of the regular season.
Here's a look at the main betting trends ahead of Super Bowl LV.
Super Bowl LV MVP Favorites Ranked Everything You Need to Know About This Year's Super Bowl Why Tom Brady Wearing White in Super Bowl LV Is a Good Omen for Tampa Bay.
Moneyline.
The Chiefs are the consensus favorites, with odds ranging from 3-5 at BetMGM to 8-13 at DraftKings, while the Bucs are 7-5 with both sportsbooks.
Kansas City is 16-1 with Patrick Mahomes as a starter this season and hasn't lost a playoff game since the 2018 AFC Championship Game, when a certain Tom Brady led the New England Patriots to a 37-31 win at Arrowhead Stadium.
According to data from BetMGM, 12 percent of tickets—the number of total bets—and 34 percent of the handle the total amount of money staked—ahead of Super Bowl LV has gone on the Chiefs, while the Bucs have commanded nine percent of the tickets and 11 percent of the handle respectively.
"The public loves Patrick Mahomes and the Chiefs but sharp bettors have not wagered on either team," Jason Scott, VP of Trading at BetMGM, told Newsweek .
Worryingly for the Bucs, favorite teams are 35-19 straight up in Super Bowl history and AFC teams have won four of the last five Super Bowls.
Spread.
Kansas City opened as a 3.5-point favorite, but the line has since moved and the Chiefs are consensus three-point favorite and 19-20 to cover the spread with BetMGM and 5-6 with DraftKings respectively.
Bookmakers, however, have indicated the line could move again towards the reigning Super Bowl champions.
"Despite seeing most of the early action we moved the line to -3 after significant action from our sharpest football players," Pat Morrow, Head Oddsmaker at Bovada, told Newsweek .
"Since the move, betting trends have remained the same with the Chiefs -3 seeing 75 percent of the action. If we continue to see this one way betting on the Chiefs, I would not be surprised if the line moved back to -3.5."
The Chiefs have won 16 of the 18 games they have played this season, but they are a modest 8-10 against the spread and 7-9 against the spread in games they entered as favorites.
Mahomes, however, is 27-13-1 against the spread in games in which the Chiefs were not a double-digit favorite.
Tampa Bay, meanwhile, is 11-8 against the spread, covering by an average of 4.2 points per game.
More significantly, the Bucs are 4-1 against the spread—the NFL's joint-best winning percentage this season—as the underdog and Brady is 40-17-2 in the same scenario in his career.
Brady, however, is 4-5 against the spread in his nine appearances in the Big Game and while betting against six-time Super Bowl champion remains a risky exercise, some bookmakers don't expect Brady's first season in Tampa to have a fairytale end.
"With the Chiefs outright favourites from the start of the season and now 1-2 to win on Sunday, the 'Tom Brady effect' could be a red herring," a Unikrn spokesperson told Newsweek .
"The market [is] suggesting this game is a bridge too far for Brady to cross."
Super Bowl LV marks the first time Brady enters the NFL championship game as an underdog since the Patriots were 14-point underdogs against the St. Louis Rams in 2002, Brady's first appearance in the Super Bowl.
Favorites are 27-25-2 against the spread in the Super Bowl and have covered in the last two and three of the last four.
Everything You Need to Know about Super Bowl LV.
Total points.
The over/under line in terms of total points scored opened at 57—the second-highest in Super Bowl history behind only Super Bowl LI—but has since moved down to 56.
Picking the over/under is historically difficult when it comes to the Super Bowl, where the record stands at 26-26-1—no over/under data is available for Super Bowl I. In the past 20 years, 10 Super Bowls have gone over and 10, including the last two, have gone under.
The picture has been similarly balanced for the Chiefs and the Bucs this season, with the over hitting in nine of Kansas City's 18 games and in 11 of the Bucs' 19 games.
The Bucs and the Chiefs have the second-best and fifth-best offense in the NFL in terms of points scored this season, at an average of 30.7 and 29.6 points per game respectively.
Tampa Bay has scored at least 24 points in its last 10 straight games—including the 27-24 loss at home to Kansas City in Week 12 of the regular season—and arrives in Super Bowl LV on the back of a franchise-record streak of scoring at least 30 points in six consecutive games, while the Chiefs have scored at least 30 points in six of their last seven playoff games.
On the other side of the ball, the Bucs have allowed 22.3 points per game, while the Chiefs have allowed and 22.4, respectively the ninth- and tenth-lowest total in the NFL.
Dig a bit deeper, however, and the gap between the defenses is wider than those figures suggest. According to Football Outsiders, the Bucs are third in DVOA defensive ratings, while the Chiefs rank 22nd.


Super Bowl 2021 betting: Odds updates, prop bets, advice, injuries for Chiefs and Bucs, more for Super Bowl LV.
Everything you need to know as you place your bets on Super Bowl LV between the Chiefs and Buccaneers.
Super Bowl LV is officially here, and it's time you started locking in your bets for the big game from Raymond James Stadium in Tampa. From the typical lines, Over/Unders and player props that we are accustomed to, to all of the interesting props such as the the length of the national anthem and what the result of the opening coin toss will be, this live blog will have all the information you could possibly want when it comes to making money on Super Bowl LV.
Super Bowl LV is almost here, and you can watch it for free on the CBS Sports App .
Here's everything you need to know from a gambling perspective about the 2021 Super Bowl:
Live updates.
The SportsLine Projection Model, which simulates every NFL game 10,000 times, is up almost $7,900 for $100 players on top-rated NFL picks since its inception five-plus years ago. It is a sizzling 24-14 on top-rated NFL picks this season, returning well over $800. The model also enters the 2021 Super Bowl on an incredible 120-78 run on top-rated NFL picks that dates back to the 2017 season. You can check out which way the SportsLine Projection Model is leaning on the Super Bowl by heading over to SportsLine.
Chiefs expert pick.
SportsLine's Larry Hartstein has put together an incredible run on ATS picks involving the Chiefs, going 16-3 on his last 19 ATS picks for or against the AFC Champion. The Early Edge's "Maestro" has also been red-hot on his overall ATS picks, putting together a 22-12-2 run on his last 36 ATS picks in the NFL overall heading into the Super Bowl. While he's leaning to the Over on the total of 56, he also has a strong play on the spread as he seeks to increase his hit rate to 85% in his last 20 ATS picks in Chiefs games. Check out which side of the spread he's taking over at SportsLine.
Bucs expert pick.
R.J. White enters the Super Bowl as SportsLine's No. 1 NFL expert, putting together an 80-58 run on all NFL picks and returning more than $1,500 for $100 bettors during that stretch. He's also in the middle of a profitable run on ATS picks in Bucs games, going on a 24-14 run on those picks over the last few years. He's leaning toward the Under in this game, but you can find his ATS pick on the Super Bowl right now over at SportsLine.
Chiefs vs. Bucs player prop best bets from advanced computer model:
SportsLine's Projection Model, which simulates every NFL game 10,000 times, is up almost $7,900 on top-rated NFL picks since its inception five-plus years ago. It has also crushed its NFL prop picks this season, entering the 2021 Super Bowl on a strong 386-309 roll, returning a massive profit of almost $3,200 this season.
After simulating this year's Super Bowl matchup 10,000 times, the model has delivered its top 20 player prop picks for Chiefs vs. Buccaneers, taking strong positions on Tom Brady's passing yards, attempts and interceptions; Patrick Mahomes' passing yards, attempts and touchdowns; and plenty more. Check out all 20 player props picks over at SportsLine.
"The Maestro" Larry Hartsein has been on a roll with his NFL picks over at SportsLine, going 22-12-2 on his last 36 ATS picks heading into the Super Bowl. He's been even better in Chiefs games, where he's put together a 16-3 run on ATS picks. Now Hartstein has made his pick for Super Bowl MVP, and it's not Chiefs star Tyreek Hill despite his 269-yard, three-TD explosion in the first meeting between these teams. You can find that pick by heading over to SportsLine.
SportsLine's Prop Guide is now live! You can get trends, research and picks from the SportsLine model and experts before the big game on everything from the coin toss to the MVP and plenty in between, including player props, half and quarter odds, largest lead, first and last team to score, successful field goals, sacks, longest TD play and a lot more delivered straight to your inbox. Get all the information you need before you lock in your picks in SportsLine's Prop Guide.
Positive news for both the Buccaneers and Chiefs from an injury perspective on Wednesday:




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