п»їThe growth of fantasy sports betting.
The iGaming expert notes that the concept of betting on the outcomes of fantasy sports is relatively new, demand is increasing and online betting operators are realizing that this is a potentially big sector for growth. In this column for Yogonet, he delves into the state of the market, and provides insights into setting up a fantasy betting site.
he online gambling industry is continually evolving and with this evolution comes the emergence and expansion of new verticals. One of these is fantasy sports and fantasy sports betting. But what’s it all about, how big is the market and its potential, and how to go about taking advantage of its momentum?
What exactly is fantasy sports and fantasy sports betting?
Fantasy sports is where an individual creates a fantasy or imaginary, digital sports team. These teams could be for football, basketball, baseball, or any kind of sport that is played with more than one player. Typically, teams will consist of likenesses to famous players or players that are created by the user. These teams then compete in tournaments, matches, and leagues in the hope of winning.
Fantasy sports betting is where a bettor places a wager on the outcome of a certain match or tournament, or the performance of players and teams. It is much the same as conventional sports betting with the exception that it’s a fantasy team.
While fantasy sports have been around for many years, the concept of betting on the outcomes is relatively new. Demand is increasing and online betting operators are realising that this is a potentially big sector for growth.
What’s the state of the market?
Currently, around 20% of the population engage in some form of sports betting and a further 20% enjoy playing fantasy sports. These figures, from 2019 show a big increase from 2014 when only 13% had an interest in fantasy sports. The statistics look promising and the sector is continuing to grow.
According to statistics from the Fantasy Sports and Gaming Association, some 78% of fantasy sports players bet on sports in 2018 and 75% of those who bet on sports, played fantasy sports. This evidences the fact that there is a huge pool of potential customers to engage with and provide for.
By far, the most popular kind of fantasy sport to play and bet on is fantasy football, followed by baseball, basketball, and hockey. Football came out on top however with around 78% of fans preferring it. Furthermore, those that play fantasy sports said they would be interested in betting on regular, or fantasy sports.
Throughout 2020, we saw the emergence of eSports as it made its transition from the underground to the mainstream, thanks to the COVID-19 pandemic. As stadiums fell silent and sporting events were cancelled or postponed, punters became interested in betting on eSports leagues and tournaments. But eSports doesn’t appeal to everyone. There are plenty of sports fans who are loyal to a specific kind of sports and don’t have any interest in betting on role-playing games.
This is where fantasy sports betting comes in. It provides a way for sports fans to continue pursuing their sport of choice, but just in a slightly different way. They are still afforded the excitement of following matches and leagues but don’t have to rely on sporting events going ahead.
After all, it’s impossible to predict how real-life sporting events will be impacted by the ongoing pandemic. This winter is set to be tough and with many countries bracing themselves for a second wave, we could see events being shut down once again.
Setting up a fantasy betting site.
If you already have an online gambling license, the chances are you don’t need anything additional to set up your fantasy sports betting site. Of course, this depends on where you are licensed so it’s always worth running it past your trusted corporate services advisor or the company that helped you apply for the license. Otherwise, it’s usually just a case of updating the functions of your online gambling company to include the fact you will be offering fantasy sports betting.
If however, you are new to online gambling, you might be wondering how you get started. If setting up a fantasy sports betting site has crossed your mind, we cannot stress enough that now really is the time to go for it. With the online betting market getting larger every day and increasing interest in alternatives to live sports betting, incorporating a fantasy sports betting company now is a smart move. Depending on your individual goals and circumstances, you will have to pick a suitable licensing jurisdiction and corporate structure.
In addition to this, you will need to open a bank account and reach agreements with payment processors so you can process different kinds of payments through your site.
If you haven’t already taken expert advice on this matter, what are you waiting for? Fast Offshore has been working in this sector for over 22 years and recently we have been working with a growing number of fantasy sports betting startups. This increase in inquiries and instructions is indicative of a shift in the market and an upwards trajectory in the fantasy sports betting market. Don’t waste any more time and be sure to respond to the changing needs and preferences of your client base.


Fantasy sports betting in Louisiana could begin this spring.
Posted: Jan 21, 2021 / 03:35 PM CST / Updated: Jan 21, 2021 / 03:35 PM CST.
FILE – In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting company headquarters in Boston. Sports gambling giant DraftKings won’t give a former “Bachelor” contestant the $1 million prize for winning an online fantasy football contest after she and her husband were accused of cheating.Jade Roper-Tolbert beat more than 100,000 entries to take the top prize, but some in the fantasy sports community were quick to allege she coordinated with her husband, Tanner Tolbert, to submit more than the maximum 150 entries. Roper-Tolbert was no longer listed as the winner Saturday. A DraftKings statement says the company decided to update the standings for several contests and did not elaborate. (AP Photo/Charles Krupa, File)
BATON ROUGE, La. (AP) — Businesses that want to operate fantasy sports betting in the 47 Louisiana parishes that approved it two years ago can start applying in February, under action by the state gambling board Thursday.
The Louisiana Gaming Control Board adopted the final regulations and licensing application needed for the online cash prize competitions to start later this year, as early as April or May.
Maj. Chuck McNeal, with the Louisiana State Police’s Gaming Enforcement Division, told the board that fantasy sports contest operators can start submitting the applications Feb. 19. He said the suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Louisiana Gaming Control Board for a gambling license.
Under that timeline, fantasy sports betting operations could be up and running by the spring, if the gambling board approves their licenses.
In fantasy sports, people create imaginary teams of real-life sports players and score points based on how those players perform in actual games. Websites such as DraftKings and FanDuel charge an entry fee and offer payouts to winners.
Voters in nearly three-quarters of Louisiana’s 64 parishes agreed in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process. All that remains are the licensing decisions for individual operators from the Gaming Control Board.
Participants in the competitions have to be at least 21 years old. The games only will be permitted in parishes where voters authorized it, but anybody will be able to log into the online sites if they travel to those parishes.
Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Fantasy sports betting in Louisiana could begin this spring.
BATON ROUGE, La. (AP) — Businesses that want to operate fantasy sports betting in the 47 Louisiana parishes that approved it two years ago can start applying in February, under action by the state gambling board Thursday.
The Louisiana Gaming Control Board adopted the final regulations and licensing application needed for the online cash prize competitions to start later this year, as early as April or May.
Maj. Chuck McNeal, with the Louisiana State Police’s Gaming Enforcement Division, told the board that fantasy sports contest operators can start submitting the applications Feb. 19. He said the suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Louisiana Gaming Control Board for a gambling license.
Under that timeline, fantasy sports betting operations could be up and running by the spring, if the gambling board approves their licenses.
In fantasy sports, people create imaginary teams of real-life sports players and score points based on how those players perform in actual games. Websites such as DraftKings and FanDuel charge an entry fee and offer payouts to winners.
Voters in nearly three-quarters of Louisiana’s 64 parishes agreed in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process. All that remains are the licensing decisions for individual operators from the Gaming Control Board.
Participants in the competitions have to be at least 21 years old. The games only will be permitted in parishes where voters authorized it, but anybody will be able to log into the online sites if they travel to those parishes.


Fantasy sports betting in Louisiana could begin this spring.
Posted: Jan 21, 2021 / 03:35 PM CST / Updated: Jan 21, 2021 / 03:35 PM CST.
FILE – In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting company headquarters in Boston. Sports gambling giant DraftKings won’t give a former “Bachelor” contestant the $1 million prize for winning an online fantasy football contest after she and her husband were accused of cheating.Jade Roper-Tolbert beat more than 100,000 entries to take the top prize, but some in the fantasy sports community were quick to allege she coordinated with her husband, Tanner Tolbert, to submit more than the maximum 150 entries. Roper-Tolbert was no longer listed as the winner Saturday. A DraftKings statement says the company decided to update the standings for several contests and did not elaborate. (AP Photo/Charles Krupa, File)
BATON ROUGE, La. (AP) — Businesses that want to operate fantasy sports betting in the 47 Louisiana parishes that approved it two years ago can start applying in February, under action by the state gambling board Thursday.
The Louisiana Gaming Control Board adopted the final regulations and licensing application needed for the online cash prize competitions to start later this year, as early as April or May.
Maj. Chuck McNeal, with the Louisiana State Police’s Gaming Enforcement Division, told the board that fantasy sports contest operators can start submitting the applications Feb. 19. He said the suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Louisiana Gaming Control Board for a gambling license.
Under that timeline, fantasy sports betting operations could be up and running by the spring, if the gambling board approves their licenses.
In fantasy sports, people create imaginary teams of real-life sports players and score points based on how those players perform in actual games. Websites such as DraftKings and FanDuel charge an entry fee and offer payouts to winners.
Voters in nearly three-quarters of Louisiana’s 64 parishes agreed in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process. All that remains are the licensing decisions for individual operators from the Gaming Control Board.
Participants in the competitions have to be at least 21 years old. The games only will be permitted in parishes where voters authorized it, but anybody will be able to log into the online sites if they travel to those parishes.
Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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п»їHow to Bet on Sports for Beginners: 12 Tips to Know.
Suchat Pederson/The News Journal via USA TODAY NETWORK.
Over the past few years, the emergence of daily fantasy sports has led to a renaissance for conventional sports betting. The anti-gambling stigma that existed for decades is fading in American popular culture, opening the door for a massive, multibillion-dollar legal sports betting industry to emerge.
With sports betting now legal in many states, millions of sports fans will be looking to enter the betting market for the first time. But where do you begin if you’re unfamiliar with the terminology?
Here’s an introduction into how to bet on sports. We’ll be adding to this series in the coming weeks.
How to Bet on Sports for Beginners: 12 Tips.
Use the links below to jump to each section.
1. Favorites vs. Underdogs.
When the oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog.
The favorite is the team that is expected to win the game and will get a minus sign next to its odds, while the underdog is expected to lose and gets a plus sign. If the game is a toss-up, books will open it as a “pick” or “pick’em.” Click to return to table of contents .
2. Spreads.
There are two main ways to bet on a favorite or an underdog. The first is the point spread, which is a bet on the margin of victory. A favorite “gives” points, while an underdog “gets” points.
For example, say the Patriots are 7-point favorites (-7) against the Jets.
If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. If the Patriots win by 8 points or more, you “cover.” If the Patriots win by exactly 7 points, that is called a “push,” which means you get back the money you originally bet.
If the Patriots win by 6 points or fewer (or lose the game straight-up), you lose your bet.
Spreads are available for all sports, but they are predominantly used when betting on higher-scoring sports like football and basketball.
3. Moneylines.
The second way to bet on a favorite or an underdog is on the moneyline. This is based solely on which team will win the game.
Favorites are given a “minus” designation, such as -150, -200 or -500. If a favorite is -200, that means you have to risk $200 to win $100. If the favorite wins, you get $100, but if the favorite loses, you’re out $200.
Because favorites are expected to win, you assume more risk when betting on them.
Moneylines are available for all sports, but they are predominantly used when betting on lower-scoring sports like baseball, hockey and soccer.
4. Over/Unders (Totals)
In addition to setting a line for the favorite and the underdog, oddsmakers will also set a total number of points scored in a game by both teams combined. This is called the total or over/under.
Bettors can then wager on whether or not the game will go Over or Under the total.
For example, an NBA game between the Celtics and Bulls might have a total of 215. You could either bet the Over 215 or the Under 215. If you bet the Over 215 and the total points scored end up being 216 or higher, you win your bet. If the total points scored are 214 or fewer, you lose.
5. What Is the -110 Number Listed Next to My Bet?
The oddsmakers put a “tax” on every bet, which is typically called the “juice” or “vig” (short for “vigorish”). The juice is the commission you have to pay to the sportsbook for them to accept your wager.
Say the Duke Blue Devils are -5 (-110) … that means if you want to bet on Duke as a 5-point favorite, you need to risk $110 to win $100.
You always have to risk more on a favorite than you’d win on an underdog…otherwise, sportsbooks would be out of business.
6. How to Place a Bet.
With legalized sports betting spreading across America, sports bettors have never had more options to take advantage of. To see if sports betting is legal where you live, check out our state-by-state tracker.
Some of the biggest states that have legalized mobile wagering include Colorado, New Jersey, Pennsylvania, Indiana and West Virginia. The sportsbooks highlighted below are all trustworthy legal shops that take bets online.


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FanDuel CEO says the pandemic could force more states to legalize sports betting.
Weston Blasi.
FanDuel’s CEO Matt King on what betting on sports — and politics — will look like in the future.
Matt King, chief executive officer for FanDuel Group.
Referenced Symbols.
FanDuel CEO Matt King joked with MarketWatch that the Super Bowl should fall into the “essential travel” recommendations from the CDC.
King, the head of the New York-based bookmaker and daily fantasy sports site since 2017, is an annual attendee of the big game, but this year decided it “didn’t make sense” to go. Like millions of other NFL fans, King will be watching the Chiefs take on the Bucs on TV.
In an interview with MarketWatch, King weighed in on how the pandemic is accelerating sports betting, FanDuel’s interest in becoming a public company, and if legal sports betting in New York state is a “game-changer.”
MarketWatch: Is FanDuel doing any physical events for the Super Bowl this year?
King: It’s pretty limited this year. Last year we did a bunch of events with players and some events with a few of our partners that are down there. A series of smaller things.
MarketWatch: Do you anticipate more money being wagered on the Super Bowl this year than in past years?
King: Yeah there’s going to be a lot more. Obviously we are in a lot more states, that’s the tailwind, but even the states that we’ve been operating in the last two years are up significantly this year.
MarketWatch: What are your total bet projections for the game?
King: Our business is up dramatically. I’m not sure we are disclosing our specific projections but it’ll be by far the biggest game on record for us. Many orders of magnitude up year-over-year. The statistic I can give you because it’s on the tip of my tongue is that in the first 28 days of 2021, we’ve done $1 billion in handle on the sportsbook. We didn’t hit $1 billion in handle in 2020 until Q4.
MarketWatch: Any particular growth areas in your business that you’re seeing? Something like live-betting for example?
King: The live-betting has been pretty popular since day one. I would say the big story this year is going to be our same-game parlay product. This is where you can bet on multiple things happening in the same game and we are really the only ones in the market that offers it. The Super Bowl is perfect for same-game parlay betting. It allows people to say “here are the three guys who I think are going to score a touchdown.” The customer acceptance of the product so far this year has been off the charts.
MarketWatch: Florida, the state where the Super Bowl is, was close to legalizing sports betting in 2020, but it never happened. How closely are you watching new states attempting to legalize gambling?
King: Our head lawyer once gave me a good piece of advice which was “the chances of passing any law is 50/50 until it actually passes.” It’s either going to pass or it’s not and I’ve taken that to heart. The way we look at the world is we think about the total number of states that are considering sportsbetting and we assume that some percentage of those are going to pass. It’s just hard to predict which ones are going to get it over the goal line. We are confident that you’re going to see a number of states pass it this year, we just don’t know which ones.
MarketWatch: The four states with the highest populations: California, Texas, New York and Florida have not legalized sports betting yet, do you see those states as game-changers for your business?
King: We certainly see every new state as a market opportunity, and obviously the bigger the state the bigger the market opportunity. But, the real change is what is already happening. Sportsbetting is becoming part of the narrative around sports. It’s embedded in how we talk about sports and even in those big states it’s a bit of a when — not if — question because people are understanding the size of scope of the illegal market and the fact that it’s just common sense legislation to try and put it out of business. I don’t necessarily view them as game-changers because the reality is we are already in the middle of the game. Certainly a big state will accelerate things.
MarketWatch: Do you think the pandemic will force states to legalize sports betting faster?
King: I think it will be the case. I think it will be the case for sports betting and igaming. You have two things going on. One is the fiscal pressures for any individual state are greater than they have ever been. I do think states will look for ways to help them claw out of fiscal holes that were created by the pandemic. But the other thing is more states passed laws around sports betting and igaming and demonstrated that they are win-win common sense legislation. It allows consumers to do what they love, and it generates tax revenue for the state and puts an illegal market out of business. It’s a pretty easy choice to make.
MarketWatch: Are you guys advertising during the Super Bowl this year?
King: We are not going to be during the game. We didn’t think it made sense to do a Super Bowl ad this year.
MarketWatch: Do you think the NFL would like an ad for a sportsbook during the game?
King: The NFL approves all ads for the game, (laughs) so they are not going to let a sportsbook ad go during the game at this point.
King: Our focus is on the fan, and where we focus on winning is in delivering the best product and best fan experience on the market. When we get customer feedback and look at the market share reports, it’s clear we have the number one business out there. And that makes us very proud. Stock prices, as we’ve seen over the last few weeks (laughs) can be somewhat ephemeral.
MarketWatch: What about from a “high tide raises all boats” line of thinking?
King: From a perspective of people understanding more about the industry and how it’s additive to the sports ecosystem, that’s a good thing. So anything that does that is a good thing. It’s also a big market. We don’t look at things as a zero-sum game; we look at it as we are in the early innings of a big business game. That competition breeds innovation.
MarketWatch: In our interview last year, we discussed the idea of FanDuel as a public company. Is going public something that you have discussed with your team?
MarketWatch: Is election betting something you’re interested in?
King: I think clearly people find election betting as an interesting way to engage in politics. There’s a lot of legal restrictions in the U.S. that don’t exist in Europe. Our focus has been offering free to play games on the presidential debates. We can see there’s a lot of interest in it. But I think it will be a long time before we see a big election betting market here.
MarketWatch: So the 2024 and 2028 presidential elections, you don’t anticipate election betting by then?
King: I don’t think it will be a big thing mostly because regulations will continue to restrict the market and I don’t see those regulations changing. The demand is definitely there though.
MarketWatch: Who do the sportsbooks need to win?
King: The Super Bowl is not about making or losing money as we talked about last year. It’s about giving fans a phenomenal experience. More of the bets are on the Chiefs, so if the Chiefs win and cover the spread we are going to lose a few bucks. The same is true if it’s a very high scoring game, which is pretty typical.
MarketWatch: What is sports betting like 10 years from now?
King: I think it’s less about sports betting in isolation and more about the convergence of things like sports betting and gaming in general with sports and sports media. It’s safe to say that all the sports rights owners are trying to find new ways to engage fans. I think you’re going to see some great stuff for the next generation fan experience. You may see new ways to watch sports, a more customized experience.
MarketWatch: A gamification of the actual games?
King: The ability to pop in and out of games more easily based on moments that matter. Reduced latency in the streaming feeds. You’ll see some alternative broadcasters, whether it’s your favorite Twitch personality announcing the game or somebody who may take a more betting oriented look at the game. A more build-your-own experience versus having to consume the same broadcast that 20 million other people are watching.
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Barron's: Biggest U.S. Pension Bought More NIO and Activision Stock, and 2 Retailers.
California Public Employees Retirement System disclosed the buying in a securities filing. Shares of both the EV maker and the videogame company took off last year.


DraftKings, FanDuel and more: A guide to Michigan’s 10 online sports betting options.
Online wagering is on the verge of launching in Michigan. (Photo used with permission from FanDuel Group)
Consumers will have ample options to place their wagers once online casino gaming and sports betting launches in Michigan at noon Friday, Jan. 22.
The Michigan Gaming Control Board on Tuesday and Wednesday approved authorization for 10 total casinos and their platform providers to begin accepting wagers on Friday.
“I think the reliability will be there across the board,” Ruddock told MLive in a phone interview. “Certain companies might have a little bit of a difference in their customer service, things like that. Other companies have a little bit of an advantage in the user experience of the mobile app. It’ll really depend on what the customer’s preferences are and what they find important.”
Among the notable differences between online sportsbooks and casinos include: betting opportunities offered, customer service, ease of financial transactions (type and speed) and promotions offered.
“Michigan set a pretty reasonable tax rate and licensing fee, so the operator burdens are pretty low,” Ruddock said. “I wouldn’t expect a ton of differentiation. There will be some just because different business models by different sportsbooks, and what you might see is certain sites steering customers toward more like parlay bets and different bets with larger hold percentages than the straight money line and point spread bets that most people are accustomed to seeing.”
When signing up for promotions or bonuses, Ruddock said it is important to pay attention to any associated stipulations.
“There’s multiple parts of the bonuses,” he said. “Some are just free money sign up. Usually you have to deposit something. Other ones are what we call a ‘clear’ bonus. So if you deposit $50 and they’re offering you $50 a bonus, you might have to bet your $50 five times, 10 times, however much before you clear that bonus completely. So customers should look at how much they have to wager to clear the bonus and they should also look at if there’s a expiration date on those. Those are definitely things that people should look at the fine print of those bonus offers.”
While the MGCB expects to authorize additional operators and platform providers in the coming days and weeks, here’s a look at the 10 platform providers, and their affiliated casinos, that are approved to go live Friday.
DraftKings.
Michigan is the 11th state DraftKings will have a presence in with its online sportsbook – more than any other company in the U.S.
DraftKings also is an official sports betting and casino partner of the Detroit Pistons and is offering new customers in Michigan two double-your-money opportunities. On Friday, double your money on the Detroit Pistons to score a 3-point shot. On Sunday, double your money on any NFL team to score a conference championship touchdown.
Meanwhile, DraftKings Casino features a wide variety of games within its library, including 17 blackjack, six roulette and three Baccarat offerings.
“The consumer protections are top notch, but also the betting menu is really second-to-none,” DraftKings president and co-found Matt Kalish told MLive. “We have hundreds of types of bets that consumers can make and treat pricing on all of our bets. I think it’s really going to be exciting when this goes live.”
FanDuel.
FanDuel also is one of the most popular betting sites in the U.S. and is entering its ninth state with its launch in Michigan.
“We think it’s really important that people can try sports betting in a risk free environment,” Mike Raffensperger, chief marketing officer of FanDuel Group, told MLive. “We think it’s really important that people could come in and try it for themselves, how it makes sports more exciting, more engaging and it’s certainly been an important part of the way that we go to market today. Thus far, I think we’ve just been extremely pleased with how Michiganders have responded to that offer so far.”
Raffensperger said its partnership with MotorCity Casino already has been a success. It is FanDuel’s second largest retail sportsbook in the country since opening in March 2020.
“They’ve just been an incredible partner to help us understand the local marketplace, certainly leveraging and partnering with their players to welcome them in to the FanDuel sportsbook and get them going with a new online system in short order.”
BetMGM.
BetMGM has also has a vast footprint in the U.S., with its online sportsbook also live in seven other states.
It is the official sports betting partner of the Detroit Lions and Detroit Red Wings. Partnering with MGM Resorts allows BetMGM users in Michigan the opportunity to redeem their gameplay for world-class experiences at MGM Resorts properties nationwide through its M life Rewards program.
According to BetMGM, its app “offers a user-friendly mobile gaming experience giving sports fans in Michigan the opportunity to customize pre-game, live in-play, futures and parlay wagers. App users can access an expansive array of casino games including slot tournaments, progressive jackpots exclusive to Michigan, Blackjack, roulette and video poker.”
Its retail sportsbook at MGM Grand Detroit launched in March.
BetRivers.
BetRivers, which is in six other states, also operates a retail sportsbook at Little River Casino Resort in Manistee. Its online casino will offer online slot machines and table games, including blackjack, baccarat and roulette – with live dealer offerings coming soon.
PointsBet.
PointsBet is only approved to launch sports betting as of now. It has developed a significant presence in Michigan with long-term partnerships with the Detroit Tigers, Detroit Red Wings, Detroit Pistons and Little Caesars Arena.
PointsBet also offers some unique betting options, such as its PointsBetting feature -- a high-risk, high-reward form of betting where customers are either rewarded or docked by how right or wrong their wager was.
It is running two launch promotions:
-- At the end of January, customers with net winnings with PointsBet will have them doubled up to $100 in free bets. For customers who have losses with PointsBet at the end of January, they will have those net losses refunded up to $100 in free bets.
Barstool.
Only Barstool’s online sportsbook will launch Friday, with its online casino expected to go live shortly after. It also operates in Pennsylvania.
From noon Friday until 11:59pm Sunday, January 24, Michigan customers will have their first-time deposit on the Barstool Sportsbook mobile app matched with a donation to The Barstool Fund, provided they wager equal or more than their first-time deposit during the weekend. The fund raises money for small businesses around the country that have been hard hit by the COVID-19 pandemic.
Barstool’s retail sportsbook opened at Greektown in December.
Penn National Gaming partnered with Barstool, a popular sports and pop culture digital company, in January 2019.
“I think the biggest differentiation you’ll get in Michigan is probably with the Barstool sportsbook, which has a pretty unique business model in this space just because they’re more of a content and personality-based company as opposed to the other books that are more large corporations, casino operators.”
Golden Nugget.
Michigan will be the third state Golden Nugget goes live in. According to Ruddock, its online casino features the most offerings in New Jersey.
According to a news release from the company, its sportsbook will offer up to $250 in free bets to new customers as well as daily odds boost (“Golden Lines”), reduced juice bet-types (“Notorious VIG”) and enhanced parlays with the “Parlay Boost” feature.
Its online casino will feature a variety of slots and table games and will offer a welcome bonus up to a $1,000.
According to its release, Golden Nugget has won the EGR North America “Operator of the Year” award four years in a row.
TwinSpires.
TwinSpires’ parent company, Churchill Downs Incorporated, recently announced that all of its BetAmerica sportsbooks, which also operate in five other states, would rebrand as TwinSpires in the first half of 2021.
According to its website, TwinSpires is offering Michiganders its best new player sign-up offer yet. Sports bettors can be eligible for up to $1,000 in bonus bets to utilize over a seven-day period, while new casino players can be eligible to play their first 24 hours risk-free up to $500.
WynnBet.
WynnBet also operates in New Jersey and Colorado. Its online casino В·Its is running several signup promotions:
- Risk-free sports bet up to $1,000.
В·- 100% deposit match up to $1,000 and 2000 free spins on Divine Fortune.
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FoxBet.
FoxBet is expected to receive final approval from the MGCB shortly. FoxBet also operates its the popular free-to-play Super 6 app, which already has launched in Michigan. Contestants have the chance to win thousands in jackpot and guaranteed prizes weekly by predicting the outcome of six games.
“We’ve given over $3 million in prizes to people who play the weekly game,” FoxBet chief executive officer Kip Levin told MLive. “The thing that is notable for us about Michigan is that it’s the largest database that we have in our Super 6 that we’ve had in any other state launches before we go live. Given the interest and success we’ve had with the Super 6 product in Michigan, that’s going to be something that’s really kind of new for us with this state launch. We’ve got a good number of customers that have already sort of raised their hand and said that they’re interested as we go live.”
FoxBet is offering a free $100 -- $50 sports bet, $30 casino bonus, $20 poker bonus, -- when signing up and making a deposit.
Note to readers: if you purchase something through one of our affiliate links we may earn a commission.




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п»їSports betting syndicate.
Putting aside sports picks and sports handicapping, the most overlooked tool in any investment, whether short or long term, is Money Management. When the average recreational gambler goes to Las Vegas or Atlantic City or any other gaming resort, the player usually takes a specified amount of risk capital to the casino. Unfortunately, most mismanage their bank-roll and walk out empty handed. We’re sports investment firm, not a handicapping services; thus, we only wish to deal with individuals whose goals are geared to a long-term disciplined form of investing on the proper sporting events with the proper sports picks. Meaning, if you are a realistic individual, who is happy making a profit, bur doesn’t expect to hit the lottery, we are the firm for you. We have no desire to deal with people who aren’t working with specified amount of risk capital. If you go to Vegas, take only what you can afford to lose, not a penny more. Out intentions are to WIN in the long rum, but you must be realistic — anyone can have a bad day.
Financial Day Trading VS Sports Day Trading.
Just like stock investment firms, who look at each and every company to determine its value compared to its current price, our firm does the same exact thing fir each team — akk 199 division 1A college temas and all 32 pro teams. These are the firms on our stock exchange, i.e. “sports exchange” all 151 teams. Our knowledge helps us go beyond sports handicapping: We know the ins and the outs of every team. We research what makes them decline in value, and we can predic when they will rise in value. Regarding sports picks, for 21 years, our firm has provided the most informed forecast of a team’s upcoming performance.
The fundamental difference in “day trading sports” & stocks is the selling aspect. When you purchase a stock, your next decision is when to sell. In the sports market, it is a one sided trade. You only have to “open” the trade. The trade closes when the game or race is over. Over the years, we have polled many stock traders; all stated the same scenario. Their biggest problem in the financial markests was deciding to sell. Many traders would not lock in profits and watch their is stock give up all profits. In the sports markets, all the stress of giving uo profits is over. No more worry apout when to sell.


Betting syndicate.
What is a betting syndicate? It sounds very professional and mystical doesn't it? Lets see who the ghost really is straight from the start of this article.
Betting syndicates are basically small organizations of good punters luring money from strangers and charging them their intellectual services in a form of % of the profit. Basically they are guys who know a lot about sports, are good in sports betting and willing to share their knowledge for a fair price.
They perform as a mixture of Wall Street brokers and online gang. He difference between them and Wall Street brokers is that they didn't go to school to become a betting syndicate. That doesn't mean that they are not educated. On the contrary, leaders of betting syndicates often have profound knowledge in some fields of mathematics, statistics and/or economy. They use that knowledge in a combination with profound knowledge in sports and sports related information not available to everyone.
When you see some odds dropping on some big match and dropping drastically, that is probably some syndicate placing their bets. They usually place hundreds of thousands or even millions on selected matches days before they take place. Or in case of some exclusive betting information about some team or player. This is where they act as an online gang. They play on normal users accounts on betting exchanges or in bookmakers that accept high stakes bets. The whole operation is done in several minutes or hours and before bookmakers have realized it, they have taken the value on those events. In the next couple of minutes or hours market shifts their way acknowledging the risk they have put bookmakers to and odds change.
Starlizard – The most famous betting syndicate.
Betting syndicates are mostly secret organizations. They are secret because bookmakers are very afraid of them and would close any account they can prove to be related to syndicates. They are not secret because they engage in some illegal activity, although there is a certain risk factor of manipulating matches and similar activities.
The most famous betting syndicate is certainly the one run by Tony Bloom. Tony is a PHD in economics, multimillionaire entrepreneur, owner of Brighton FC, professional poker player and who knows what else. His betting syndicate operates legally as a betting consultancy company located in center of London. It's name is Starlizard and feel free to look it up on google.
The reason of it's fame is not just the fact that they are identified and open to public. They are famous for having enormous money turnover. Some say that they move hundreds of millions of GPB every year, some say it is closer to several billions, more than the majority of existing bookmakers can say for themselves.
Lifestyle in a Starlizard company is like in movies with all that money created out of thin air. Their employees, on the other hand, will never go to the public exposing themselves and there isn't a lot of juicy information coming from inside, but it is not a bad life from what we heard from former employee.
How to get into a betting syndicate?
Well, neither of us ever got in a betting syndicate despite being in the industry for years, neither we have tried to. But, the most effective way would be to gather all the resources you have, all good punters you know and start your own syndicate like any other company. Some betting consultancies succeed and majority don't. You will need much more than a good knowledge or talent for betting. You will need mathematicians, developers, connections in sports and similar to gain an advantage not only over bookmakers, but over other betting syndicates as well. Because what is the worth of being able to recognize value on some odds if someone else takes them before you or calculates that value more precise than you do and doesn't take it at all?
Things you need to know before trying to organize a betting syndicate:
Inside information – this is crucial How to compile odds – and how to recognize value in them People who are willing to invest – you can't start with 500 $ People who are willing to place bets instead of you – as you shouldn't expose yourself How to run a successful company.


Sports betting syndicate.
Bet Placement Services.
Bet Placement Services.
Average Monthly Tax-Free Returns.
At HCo Syndicate, we analyse sports betting markets and decide what is worth betting on. Over the past 6 years, the systems at the heart of our business have produced consistent and significant returns for our clients & investors.
Average Monthly Tax-Free Returns.
At HCo Syndicate, we analyse sports betting markets and decide what is worth betting on. Over the past 6 years, the systems at the heart of our business have produced consistent and significant returns for our clients & investors.
Our Services.
Discover new & established investment opportunities with our horse racing & football bet placement services.
Staking plan.
A staking plan or staking strategy is the method of defining how much of your bank you should be investing.
Investor gateway.
When you Invest in HCo Syndicate, you will gain access to your own private investor gateway.
Our work bridges two domains, each challenging in its own right: betting and gambling, and quantitative research. The nature of our work and the relative immaturity of modern betting markets means opportunities to exploit are not in short supply. But people with sufficient skill and versatility to attack these projects are hard to find!
HCo Syndicate is part of a sports trading network offering bet placement services on behlaf of Sports Trading Group Ltd, Company number SC672662. Past performance is not an indication of future results. HCo Syndicate does not facilitate betting on sports; is not a sportsbook bookmaker and values on the website hold no real or implied value. The information provided on this website is for information purposes only. HCo Syndicate is not authorised and regulated by the Financial Conduct Authority (FCA). The content of this promotion is not authorised under the Financial Services and Markets Act 2000 (FSMA). Reliance on the promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the investment. All Right Reserved by Sports Trading Group Ltd.
HCo Syndicate is part of a sports trading network offering bet placement services on behlaf of Sports Trading Group Ltd, Company number SC672662. Past performance is not an indication of future results. HCo Syndicate does not facilitate betting on sports; is not a sportsbook bookmaker and values on the website hold no real or implied value. The information provided on this website is for information purposes only. HCo Syndicate is not authorised and regulated by the Financial Conduct Authority (FCA). The content of this promotion is not authorised under the Financial Services and Markets Act 2000 (FSMA). Reliance on the promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the investment. All Right Reserved by Sports Trading Group Ltd.
Privacy Overview.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.


DFS SYNDICATE, SPORTS BETTING - FLIP 5$$$ \n.
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п»їNFL Las Vegas Odds.
Spread В· Money Line В· 1st Half Page 1 В· Page 2.
(IL) If you or someone you know has a gambling problem, crisis counseling and referral services are available by calling 1-800-GAMBLER (1-800-426-2537).
(IA) If you or someone you know has a gambling problem and wants help, call 1-800-BETS-OFF.
(IN) If you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT. Indiana Self-Restriction Program.
(NJ) Bet with your head, not over it! Gambling Problem? Call 1-800-Gambler.
(PA) If you or someone you know has a gambling problem, help is available, call 1-800-Gambler.
(WV) If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.


NFL Las Vegas Odds.
Spread В· Money Line В· 1st Half Page 1 В· Page 2.
02/07 6:30 PM 101 Kansas City 102 Tampa Bay -3ВЅ -10 57ВЅu-10 -3 -15 56u-10 -3 -15 56u-10 -3 -10 57ВЅu-43 -3 -20 56u-10 -3 -20 56u-10 -3 -20 56u-10 -3 -15 55ВЅo-13 -3 -15 56u-10 Buy Picks.
Where to Bet: WynnBET FanDuel BetMGM DraftKings Fox Bet Bet365 PointsBet Unibet BetRivers All.
How to read Super Bowl 55 Odds.
The Kansas City Chiefs wil meet the Tampa Bay Buccaneers in Super Bowl 55 from Raymond James Stadium in Tampa, Florida on Feb. 7, 2021.
The Chiefs opened as -3.5 betting favorites while the Buccaneers are 3.5 underdogs.
After early wagers came in, most operators are holding Kansas City -3 (-120).
If you were to wager on Kansas City -3, you would have to lay 5/6 odds (Bet $120 to win $100) instead of your normal 10/11 juice (Bet $110 to win $100).
The return on Tampa Bay would be even-money (1/1) and a $100 wager would return $100.
The total or over-under on Super Bowl 55 is hovering between 56 and 57 points.
How to read NFL Las Vegas Odds.
The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
Ex. Bet $110 to win $100 (10% juice) Ex. Bet $100 to win $90.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08 , -12 , -15 and -20 . The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.
Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NFL Open Line.
One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.
VI Consensus NFL Line.
How do I bet on the Super Bowl?
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
Ex. Green Bay (8/1) to win the Super Bowl.
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 Г· 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.


Super Bowl Odds 2021: Vegas Betting Lines and Prop Bets for Chiefs vs. Bucs.
The road to Super Bowl LV is almost complete. Either the Kansas City Chiefs or the Tampa Bay Buccaneers will be celebrating with the Lombardi Trophy when the 2020 NFL season comes to a close on Feb. 7.
The Chiefs have been nearly unbeatable over the past year. After winning the Super Bowl last season, they followed up by going 14-2 in 2020, and one of those losses came in Week 17 of the regular season when they rested many of their starters. Since then, they've won playoff games against the Cleveland Browns and the Buffalo Bills.
The Buccaneers had a rocky start to the 2020 season, as they fell to 7-5 after losing to the Chiefs in Week 12. They haven't lost since, though, ending the regular season with four straight wins and notching a trio of postseason victories on the road, against the Washington Football Team, New Orleans Saints and Green Bay Packers.
Now, it's nearly time for the the two teams to go head-to-head. And for bettors, there's plenty to wager on for Super Bowl LV, with several prop bets to consider, along with traditional football bets.
Here's everything you need to know for Super Bowl LV, followed by some of the latest betting information.
Super Bowl LV Information.
Date: Sunday, Feb. 7.
Start Time: 6:30 p.m. ET.
TV: CBS.
Current Odds.
Spread: Kansas City (-3)
Over/Under: 56.5 points.
Prop Bets.
All odds via DraftKings Sportsbook.
There are prop bets to make pertaining to the Super Bowl before the opening kickoff. So if you're looking for some pregame action, perhaps you'll want to bet on the coin toss prior to the game.
It's an equal payout whether you bet on heads or tails (-103), as well as if you bet on the Chiefs or Bucs (-106) to win it. Same goes for betting on whether the player who calls the toss is correct or incorrect (-106).
Several more traditional prop bets can be paid out early in the game. There are wagers to make on who will be the first player to score a touchdown, as well as individual bets on whether a player will get into the end zone at some point during the game.
Both teams are led by a strong quarterback, and there are prop bets to make regarding Patrick Mahomes and Tom Brady.
For Mahomes, who was the Super Bowl LIV MVP, the over/under line for his passing yards is at 325.5. Brady, a six-time Super Bowl champion, has a passing yards over/under line of 295.5. And for each signal-caller, you can make over/under bets for touchdown passes at either 1.5 or 2.5.
If you can think of a potential prop for Super Bowl LV, then there's probably a bet out there for it. And with more than a week to go until the game, there's plenty of time for bettors to map out their choices and decide which bets are worth taking a gamble on this year.
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL).
Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), or call or text the TN REDLINE: 800-889-9789 (TN).


NFL Conference Championship Betting Odds - Do Oddsmakers expect Mahomes to Play?
The Bills and Packers both advanced to their respective conference championship games after winning as home favorites on Saturday. Josh Allen and the Bills (-2.5) completely shut down Lamar Jackson and the Ravens, holding Baltimore to only three points, in a defensively dominant 17-3 performance. Buffalo has won eight in a row straight up (SU), while more impressively going 7-1 against the spread (ATS) in those games for bettors. Meanwhile, Aaron Rodgers continued to play like an MVP, leading Green Bay (-6.5) backers to an easy cash following a 32-18 victory. The Packers have now won seven consecutive games (SU), while going 5-2 ATS over that span.
The biggest scare of the weekend came on Sunday afternoon when star quarterback Patrick Mahomes was knocked out of the game with 7:44 left in the third quarter with a concussion and the Chiefs leading 19-10 over the Cleveland Browns. Chad Henne came into the game in relief and the veteran made several big plays enabling the club to hang on for a 22-17 victory. However, the Chiefs (-8) - who have won 11 of their last 12 games (SU)- have now failed to cover the spread in eight of their last nine games (1-8) ATS.




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