BREAKING NEWS
Bettors don't believe in massive underdog Steelers against the Ravens to open NFL playoffs
Read full article: Bettors don't believe in massive underdog Steelers against the Ravens to open NFL playoffsThe Ravens opened as substantial favorites over the Steelers in the wild-card round playoffs.
Sports betting ads: Industry weighs how much is too much?
Read full article: Sports betting ads: Industry weighs how much is too much?If you’ve turned on a television in the last three years, chances are you’ve been inundated with advertisements for sports betting, and not only during game broadcasts.
Money shot: Businesses, sportsbooks benefit from NCAA Tournament
Read full article: Money shot: Businesses, sportsbooks benefit from NCAA TournamentROANOKE, Va. – It’s officially tournament time, and Virginians have the chance to watch the college basketball tournament in a different way this year. This is the first year Virginians can place bets on the tournament on sportsbooks such as DraftKings. “Virginia residents can now do what Nevada residents have been doing for fifty years,” said Johnny Avello of DraftKings. We made the odds and put up the offerings, and now it’s game time.”Avello said tourney time is the busiest time of year for sportsbooks, even more so than the Super Bowl. “The Super Bowl would be the biggest one-day event, but since this tournament expands over the course of 10 days, it’s the biggest, and certainly the most exciting,” Avello said.
Fewer brackets but same number plan bets on March Madness
Read full article: Fewer brackets but same number plan bets on March MadnessBut 8% fewer plan to fill out brackets pools because many offices remain closed due to the coronavirus pandemic. (AP Photo/Wayne Parry)ATLANTIC CITY, N.J. – Fewer Americans expect to fill out brackets for the NCAA's college basketball tournament this year, but the overall number of people making bets on March Madness should remain about the same as the last time the tournament was held, according to the gambling industry's national trade association. The American Gaming Association released figures Sunday predicting that more than 47 million Americans plan to make a bet — legal or otherwise — on March Madness this year. That's about the same number that said they planned to bet on the 2019 tournament. “The sports betting landscape has changed dramatically since 2019, and as a result, tournament betting has transformed,” AGA President and CEO Bill Miller said.