Category: curtshaw

The biggest online sports betting names in the US

It is difficult to pick an individual brand that will come out on top in the sports betting arena in the US.  Thanks to the Supreme Court ruling in 2018, each state now has the opportunity to legalize sports betting, maybe at a specific venue, such as a brick and mortar casino, online casino, or a combination of both.

However, there are several states that have been more active than the others, resulting in making it difficult to judge overall competition across the US. For example, in Illinois, there are four different sportsbooks available now, including BetRivers, William Hill, PointsBet, and DraftKings. Particularly, BetRivers Illinois is an outstanding example of a casino brand that has come out on top in the US sports betting arena. This brand is not only available in Illinois but also in Pennsylvania, Colorado, and Indiana, as well as has a pending license to operate in Michigan.

In addition, BetRivers have all the necessary licensing to operate in the US. Its mobile app also has made great strides, offering betting on a wide variety of sports, including Baseball, Cricket, Basketball, NFL, NCAA Football, Cycling, Tennis, Boxing, Motorsports, Soccer, Hockey, Rugby Union, Australian Rules, Darts, Golf, and MMA.

The BetRivers app is operated by Rush Street Interactive, the first sports betting mobile brand to offer live streaming of sports events in the US. It is easy to see the reasons why the BetRivers sportsbook app has been so popular in the US. It provides players with a tempting bonus and accepts a good selection of payment methods, such as credit cards, debit cards, PayNearMe, and Play+ Prepaid card.

However, BetRivers is not the only brand attempting to come out on top in the US sports betting arena. The company faces a lot of competition from some of the biggest online sports betting names in the world, including 888Sport, FanDuel, DraftKings, William Hill, BetAmerica, Unibet, Bet365, and PointsBet. The race is certainly hotting up day by day.

BettorEdge Launches New Sports Betting Platform in the US

BettorEdge launches a new sports betting platform in the US – legal in more than 40 states. BettorEdge is different from traditional Sportsbook. It is an online marketplace specialized in providing a fair experience with no-vig sports wagering.

Inspired by the stock exchange, BettorEdge was created with the aim of democratizing sports betting. The company has recently completed a round of angel funding, which helped them be able to launch into the US market in October 2020.

Since BettorEdge doesn’t take a portion or set lines of each bet, proceeds aren’t subjected to the same regulations as other betting sites. BettorEdge are different from bookmakers due to:

  • Eliminating the juice: No fees are collected when players place a bet, which gives up to at least 10 percent, in profits back to the bettors.
  • Making up a fair market: Like in stock prices, buyers and sellers can set their own fair market price.
  • Providing proper tools: Tools, analytics, and other user-friendly features can help users make informed decisions.

In addition to using the app to bet, users are allowed to build a following or follow their favorite bettors to see the performance of bettors transparently over time. These social features are aimed to provide camaraderie amongst online betting members. Users can wager on current or upcoming sports across NBA, NHL, NFL, NCAA MB, NCAA FB, and PGA.

With one platform to place bets, follow friends, and track performance, BettorEdge can provide an end-to-end experience with the gamblers in mind and has been bringing no-vig sports betting to the masses.

In 2019, BettorEdge was founded in a University of Minnesota SportRadar Innovation Challenge. Three Iowa natives had a vision of creating a platform for no-vig sports betting that is legal in the US. Offering a fair market, providing analytics, and creating a seamless social community, BettorEdge has a strong emphasis on giving the edge to the bettors.

Top six tips to succeed in sports betting (part 1)

Gambling is the art of uncertainty, where you spend money but don’t know whether you will take back anything valuable. That is also the case of sports betting. Certainly, it needs luck to succeed, but there are some things that can help you reduce the risks and makes gambling a rather fun and thrilling experience. Here are top six tips that all gamblers must keep in mind to succeed in sports betting.

Understand your sports as much as possible

It is important to research about the sport you want to place bets in. For example, if you are looking forward to betting on football, don’t concentrate on a team that is on a winning streak, instead, do research about their style of play and whether they kept the possession. In terms of betting on cricket, find out whether the captain is in sync with the coach. When it comes to individual sports such as tennis, study the experience of the player in the kind of field on his recent wins.

In general, what you need to remember is that most of these details may seem irrelevant, but they all together create an environment that is a must-know for anyone who wants to be successful bettors.

Don’t always count on the favorites

In normal games, the favorites can almost be predicted. But there are cases that the underdogs have won the favorites and snatched the victory from them.

One such example is in the 2010 World Cup, when Argentina were the favorites but finally, Spain lifted the cup.

Know your options

Don’t just follow one bookmaker where you are made to believe that they are creating the best offer for you. Although in the betting industry, brand loyalty is highly propagated, it is worth looking around and find the options for yourself. You may find better options as the betting industry is vast.

The Best Legal Sports Betting Apps for the US (part 3)

888Sports USA

With this app, players can bet instantly on thousands of events by choosing from the markets of live and pre-match bets from almost any sport and even non-sporting event.

888Sports includes a welcome bonus and possible match bonus when you sign up. It also offers one of the most competitive betting odds in the US. This mobile app is most famous for in-game betting. They have dynamic odds, real-time stats, and enhanced visuals of live events that allow players to easily control all of their live betting action.

They offer various sports, some of the most popular are College Baseball, Soccer, Boxing, NCAA Football, Motor Racing, Golf, Tennis, Rugby, MLB, CFL, WNBA, MMA, NFL, NHL, NBA. They also cover non-sports events such as political campaigns and elections.

BetAmerica Sportsbook

This app has been in the legal horse betting scene for quite a long time and rolled out their online sports betting app in 2019 in New Jersey. In terms of sports, sports bets, and casino games, this app offers a wide variety of options.

When signing up with BetAmerica for the first time, you will be offered a 100% match on deposits up to $500. For your first live sports bet, there is a $20 bonus. Many types of bets, such as Spreads, Prop Bets, Futures, Straight bets, Parlays, and loads of live bets are available in almost any sport.

TVG Horse Betting App

When it comes to online horse betting, TVG is one of the biggest names. Its app offers a variety of options for placing bets. Signing up for this app, you will have the chance to get a bonus of up to $300 on your very first bet.

TVG horse betting app features race replays and past performances, improved handicapping scores, free race alerts, as well as free HD streaming of TVG networks. You can bet on almost any of the US-based races, from the Kentucky Derby and Belmont Stakes to the Breeders Cup Festival.

What is sports betting? Popular subjects to bet in the USA! (Part 3)

Volleyball betting

Next, volleyball is also a form of sports betting that is interested in, easy to play, and easy to win. Similar to football, betting on volleyball you also have to predict the outcome. Find out information, identify the match and guess which team won, lost, bet the total number of points, according to the set of matches,…

Types of volleyball bets players need to know:

  • Match bet: This is the simplest bet, you just have to choose the winner and loser. In the betting table, there will be a selection of the home team, the away team, you click on which team you trust and then place your bet. The payout ratio will be given by the dealer.
  • Handicap betting: The team that has the higher rating, the stronger will have to accept the team below their door a certain number of points. This helps the betting table become more exciting and dramatic. 
  • Total Score: Player predicts the total number of points the match will take. Indoor volleyball has 5 innings in total so the minimum score will be 75. Beach volleyball only has 3 innings.
  • Accurate betting: Requires players to predict the exact score for each round and bet.
  • Tournament betting: Volleyball will be divided into competing groups, for major leagues. So the player can bet which team wins in each of those groups.

Basketball betting

Similar to volleyball, basketball has a lot of play. In this form of wagering, the result of wagers must be based on the result of the entire basketball match including main time, extra time. Basketball competition will not have a tie like it does in football. Bets in basketball:

  • Match Set Bet: This is a bet in which players predict the number of points scored in a match set. 
  • Team to score first: Include number of pitches, steals, passes, 3 points. Thus, the more knowledgeable the player is about basketball, the more accurate the prediction is.
  • Last To Score: This bet is the opposite of the one on the team to score first.
  • Parity bet: In this type of bet, players do not need to say exactly how many points will be scored. All you need to do is to decide whether the total number of goals is an even or an odd number.
  • Handicap: Players wishing to place a bet must proceed before the match can take place.
  • Big Bet: Player predicts whether the total is lower or higher than the house value offered.

Online sports betting in the USA during Coronavirus pandemic

The big moment, the many anticipations and hopes of wagering and winning big were lost to the coronavirus pandemic this year. That being said, the gambling and sports betting industry were crucially hit while most of the casinos with sports betting options were shut down.

In fact, a report released by the American Gaming Association indicated that out of the 989 casinos in the USA, around 987 casinos were shut down by the end of April 2020 resulting in unpaid furlough for over 650,000 casino employees.

And during this crucial time when the world of sports is in a state of limbo, the USA sports industry, on the whole, is looking to stay afloat by implementing cost-cutting and unpaid furloughs.

In this bid to conserve the sports capital the previously planned product launches during the major sporting events like MLB, March Madness, etc. are being pushed for later dates.

While the USA sports betting after the Coronavirus pandemic remains to be seen, the online sports betting industry is coming up with creative ways of keeping the sports betting enthusiasts entertained.

How the online sports betting industry is responding during this pandemic?

The online sports betting industry is presently relying on online game providers, the daily fantasy sports industry, and also e-sports or video-game simulations. While sports simulation in online gambling comes as a no surprise, gamblers, and gamers are wagering on these simulated sporting events. In fact, new betting pools are being launched at the online casinos with e-sports.

And, although the daily fantasy sport differs from sports betting, it is considered to be legal in more than 40 US states. As opposed to sports betting, which is legal in close to 17 states in the US, players place bets on sportsmen or athletes where their statistics are computed to choose the bet winners.

Impact of Coronavirus on Online Sports Betting in the USA

Since early this year, the COVID-19 pandemic has taken the world by storm. The pandemic has not only affected the typical way of life but also put a standstill to the sports industry with major sporting events including the March Madness stalled.

An Overview on the Online Sports Betting in USA

Online sports betting in USA was legalized in May 2018. New Jersey, Pennsylvania, Colorado, Indiana, Nevada, Iowa, West Virginia, Rhode Island, to name a few are some of the legal online sports betting hotspots in the USA.

Typically, the months of March and April are believed to be the thriving period for online sports betting in the USA with the majority of the live sporting events right from NBA to NFL.

Fans make wise bets on teams and players to win huge bucks. In fact, there is a myriad of sports betting apps and sites where hundreds of sports enthusiasts place bets based on their intuition and insights. Nevertheless, online sports betting in the year 2020 witnessed a huge setback not only in the USA but around the world.

What was the effect of Coronavirus in the online sports betting industry in the USA?

A case study on the impact of coronavirus on sports betting in New Jersey, USA indicated a drop by 58.3% in March 2020 when compared to the same period in 2019.

Moreover, the money wagered in online sports betting during March 2020 was only $187.1 million, which was quite low when compared to $372.4 million in March the previous year.

Similarly, Indiana sportsbook operators witnessed a 60% drop compared to last year with $187 million during March 2020.

Experts predict a loss of close to $43 billion with some of the crucial live sporting events including Major League Baseball, NBL, NHL, etc. were either cancelled or postponed in March.

America: the sports gambling gold rush (Part 4)

Another potential stumbling block for the gambling companies, lawyers and advisers say, could be opposition from Native Indian interests. Many tribal groups were granted rights to run casinos on their land in “compacts” with state governments in lieu of compensation for poor treatment in the past. Compacts are large multi-year deals that many tribes are loath to renegotiate in case states decide to raise their fees.

The managing director of Gambling Compliance said that the lobbying power of the tribes, could impact sports betting legislation in some of the US’s most populous states, including California and Florida, fearing a loss of their monopolies over gambling.

American sports tend to be long yet profitable. The potential for bets on minutiae such as the speed of a baseball pitch or the number of yards gained in football are endless. The popularity of in-play betting — known as “prop bets” in the US — has grown far quicker than many expected.

But divisions between the sports owners and gambling operators are already becoming apparent. League owners — like the National Football League, National Basketball Association and Major League Baseball — view sports as their intellectual property and are pushing for legislation to set minimum national standards on betting. They argue that they offer the sport and so should join in the proceeds.

Christopher Halpin, chief strategy and growth officer at the NFL, says only the federal government has the power to kill off the current offshore market.

In an ideal scenario the leagues would prefer a legal protection forcing the betting companies to pay them for responsible gaming standards and bans on certain types of bets such as whether a player will get burnout.

The five biggest leagues — for ice hockey, American football, baseball, basketball and soccer — generated total revenues of $40bn last year. Casino operators argue that by offering sports betting they are encouraging even more people to watch games. 

America: the sports gambling gold rush (Part 3)

Not everybody is welcoming the new arrivals. There have been grumblings from local employees in the back rooms of Las Vegas casinos. “There’s a lot of animosity against European bookmakers that think they can come in and know US sports,” says a sportsbook employee in Vegas, who described the market entrants as “arrogant”. Another says that when Sport betting app in New Jersey it did not label football “soccer” or call the NFL “American football”. Changes have since been made.

This month, Flutter announced a £10bn tie-up with Stars Group that would, if allowed by regulators, create the world’s largest online gaming company. The prospect of owning two of the strongest brands in the US market was a major driver of the deal, says Flutter’s Mr Jackson.

Members of the Chicago White Sox baseball team who were accused of deliberately losing the 1919 World Series, one of the biggest betting scandals in US history

But the golden opportunity is complicated by what Mr Blandford, now chairman of marketing company, calls “a spaghetti nest of legislation” as each state sets its own idiosyncratic rules.

Mississippi, for instance, allows mobile betting but limited only within casino grounds. New York allows sports betting activities but limited in only three selected casinos. Tennessee, which has no casinos, will be online only but with an upfront licensing fee of $750,000. In Rhode Island, wariness of betting is such that gambling executives have to answer reams of questions including whether they own a gun or get along with their mother-in-law.

Then there are the varied tax rates across the states, from 6.75 per cent in Iowa to 36 per cent of gross gambling revenues in Pennsylvania.

“The [legislators] have recognised that this is a great opportunity to gain additional revenue for the state coffers,” says Bill Miller, president of the American Gaming Association, from his office near the White House, adding that the thriving offshore market is “a common enemy for all”.

America – the sports gambling gold rush (Part 2)

His efforts were boosted by the emergence in the 2010s of daily fantasy sports games in which people choose fantasy teams across various sports but win points based on the real-life performance of the players. For many it was a way to take punts on sport in a legal grey area outside of PASPA’s reach.
DraftKings and FanDuel, the two biggest daily fantasy sports sites, came to the attention of regulators in 2016 after advertising by the two companies caused a backlash. Some asked whether fantasy sports was merely sports betting under a different guise but the companies successfully argued that fantasy sports are games of skill not chance and therefore did not constitute gambling. Their combined customer base of more than 13m players, however, showed that there was an appetite for the betting-like activity they offered.

The sportsbook at Monmouth Park is under the management of William Hill, the UK bookmaker which has had a presence in the US since it bought a Las Vegas counterpart for $50m in 2012. Late on a Saturday afternoon at the tail-end of the racing season, few punters are watching the horses. Yet the sportsbook — where they can bet on everything from basketball to golf — is packed.

FanDuel, bought by Flutter in the same month as the Supreme Court decision, and DraftKings have both launched full-scale sports betting websites and apps in New Jersey. According to figures from the New Jersey Gaming Board, the pair accounted for more than 75 percent of the total sports betting market in August. Total revenue from sports betting that month reach $25 million.

But that market lead is threatened by an influx of experienced European operators, equipped with the technology and keen to diversify away from highly regulated markets such as the UK and Australia. William Hill has worked with the casino group El Dorado to get the results of accessing to 15 states as they legalise. GVC, owner of Ladbrokes Coral, and Stars Group, the Canadian owner of SkyBet, have also done deals with, respectively, casino giant MGM and media company FoxSports, to enter the US.