How Do Odds Work in Betting? If you are planning to start betting, be it casino gambling, sports betting, or any other type, it's important to understand the odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats. The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts. This means that a chance (percentage probability) of an event occurring can be converted and presented in any of the aforementioned types of odds. How Fractional Odds Work. Fractional odds (aka British odds, UK odds, or traditional odds) are popular among British and Irish bookies. These are typically written with a “slash (/)” or a “hyphen (-),” e.g. 6/1 or 6-1 and announced as “six-to-one.” Fractional odds are used by some of the world’s largest bookmakers, making them the most preferred odds across the globe. Therefore, the total (potential) return on a stake can be stated as: For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the 2017-18 NBA Championship. Below is a selection of the three teams that had the lowest odds of winning. Golden State Warriors: 10/11 Houston Rockets: 9/4 Cleveland Cavaliers: 7/1. It can quickly be determined that the Golden State Warriors are the favorites while the odds on Houston and Cleveland winning are longer. That is, one wins only $10 against every $11 wagered on Golden State to be the champions. Meanwhile, one wins $9 against each $4 (i.e. 3.25 times) put at stake for Houston to win, which is a bit less probable. For Cleveland, one wins $7 against each $1 bet. In the above example, if you bet $100 on Golden State to win, you could make a $90.91 profit [$100 x (10/11)], and could get back your initial stake of $100, resulting in a total payout of $190.91. However, if you wager $100 on Houston to win, you could receive a profit of $225 [$100 x (9/4)], in addition to the $100 initial stake leading to a total payout of $325. The potential profit for a Cleveland win would be even higher, as you could make a profit of $700 [$100 x (7/1)]. With the initial stake of $100 being returned, it would make for a total payout of $800. How Decimal Odds Work. Decimal odds (aka European odds, digital odds, or continental odds) are popular in continental Europe, Australia, New Zealand, and Canada. These are a bit easier to understand and work with. The favorites and underdogs can be spotted instantaneously by looking at the numbers. The decimal odds number represents the amount one wins for every $1 wagered. For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number (no need to add back your stake), which makes its total payout calculation easier. The total (potential) return on a stake can be calculated as: For instance, one of the renowned betting websites priced the candidates to win the 2020 U.S. Presidential Election. Here, we list the decimal odds for the candidates and the biggest long shot among the candidates listed by the bookmaker. Donald Trump: 4.00 Joe Biden: 1.3. These numbers merely represent the amount one could win against each $1 put at stake. Therefore, if one bets $100 on Donald Trump to be re-elected as president, this person could make a total payout of $400 ($100 x 4.00). This amount includes the initial stake of $100, giving a net profit of $300. Similarly, a bettor could make a total payout of $130 ($100 x 1.3) if they successfully bet $100 on Joe Biden. Deducting $100 from this return gives the bettor the net profit earned. Reviewing the prices that the bookmaker has set for each candidate, it can be determined that according to the bookmaker, the probability of Biden (favorite) winning the election is higher than that for Trump. The higher the total payout (i.e. the higher the decimal odd), the less probable (and riskier) it is for the listed candidate to win. How American (Moneyline) Odds Work. Let’s understand this with the help of an example: One of the popular betting websites priced the NCAA "Sweet 16" men's basketball game between Duke and Syracuse on March 23, 2018, with the following moneyline odds. In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament. Key Takeaways. The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing, and hold no difference in terms of payouts. Fractional odds are the ratio of the amount (profit) won to the stake; Decimal odds represent the amount one wins for every $1 wagered; and American odds, depending on the negative or positive sign, either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked. The Bottom Line. If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well. Once you have mastered the three popular types of odds (fractional, decimal, and American), you can move towards a more detailed read on this topic and find out how the house always wins. Please refer to Understanding the Math Behind Betting Odds & Gambling for the conversion between the different formats of odds, the conversion of odds into implied probabilities, and the differences between the true chances of an outcome as well as the odds on display.
How to Read Odds. Last Updated: February 27, 2020 References Approved. wikiHow is a “wiki,” similar to Wikipedia, which means that many of our articles are co-written by multiple authors. To create this article, 16 people, some anonymous, worked to edit and improve it over time. wikiHow marks an article as reader-approved once it receives enough positive feedback. In this case, 80% of readers who voted found the article helpful, earning it our reader-approved status. This article has been viewed 808,600 times. If you bet on sporting events, you must be able to read odds and understand what they mean. Furthermore, you need to quickly calculate the potential winnings for different bets, especially if the odds are changing while the event unfolds. Odds tell you the likelihood that an event will occur (a team wins, a boxer makes it a certain round) and how much will be paid out if you win. There are, however, multiple ways to convey this information.
A Simple Explanation: How to Read Sports Betting Odds. Understanding the world of online betting can be a daunting task for the sports betting novice. You’re met with a wall of numbers, dots and dashes before you even get started. The key to enjoyable betting is in knowing how to read the odds. We’ll break it all down into manageable chunks, covering the different bets and odds, and how to read them. What Are Odds? Before we get started, let’s take a look at what odds actually are. Odds are a set of numbers which indicate the likelihood of an event taking place. In gambling terms, the odds aren’t a true representation of probability, but show the ratio between the amount bet and the payout based on the probability calculated by the bookmakers. Now that we have that out of the way, let’s get down to business. The Different Types of Odds. The first thing you’ll need to be aware of is the three most common types of odds in sports wagering: Moneyline Point spreads Over/under betting. What do these terms mean, exactly? The Moneyline. The moneyline wager is perhaps the simplest bet to understand. It’s a straightforward bet on who you think is going to win the game, no matter the final points or score margins. What Do the Numbers Mean? Essentially, these odds show how much your profit will be based on the amount you wager. Moneyline wagers have odds attached to both the favorite and the underdog. Note: the odds are given in the American format. We’ll explain that in more detail later. Point Spreads. Usually in any game, one team is better than the other, giving us the terms favorite and underdogs in the first place. If you were to just bet on the favorite each time, you could take your money and go, but this doesn’t make for a very exciting betting experience, nor would it be very profitable for the online bookmakers. The point spread makes things more interesting for bettors, as well as making a profit for the bookies. Essentially, the point spread is a handicap given by the bookmakers to bring teams to an equal footing, in that it generates interest in both teams from bettors. With the point spread odds, you’ll bet on the score difference between the two teams. WHAT DO These NUMBERS MEAN? Betting on Team B would win you your bet if the team wins the game, OR if it loses by less than six points. If you would like to learn more, be sure to read our article explaining point spread betting. Over/ Under. If you are having trouble deciding who is likely to win a game, then an over/under bet might be the way to go. Sometimes referred to as ‘totals’ betting, over/under odds are a bet on the total combined score in a game. It doesn’t matter who wins or loses. Instead, the bet depends on whether the combined amount is over or under a predetermined number set by the bookmaker. If you see a bet written as 45.5 o/u , for example, this means that the bookmakers have calculated the possibility of the combined scores of the two teams as being around 45.5. The odds will often be with half points, in order to prevent what is called a ‘push’ or tie. All you have to do is decide whether the combined scores will total over that mark, or under it. How much you are set to win from each of these bets will be decided by the bookmaker’s odds, and how much money you want to wager (more on this later). How to Read Odds. Now that you know the basic betting forms, you will notice that the odds given aren’t all written in the same way. Again, there are three main formats: This is where your head may start to hurt, but let’s try to keep it simple. American Odds. American odds are also used with the point spread bets, for example: So while the point spread doesn’t change the odds given for each result, it allows the bookmakers to protect their margin or ‘juice’. In another article, we explain how you can find out more about how bookmakers operate and how they calculate their odds. Decimal Odds. Decimal odds are sometimes referred to as “European odds” and are used throughout Europe, Australia and Canada. If you’re interested in betting on international sports, it’s a good idea to know how they work. Luckily, they’re very straightforward and easy to calculate. All you have to do is multiply your wager by the odds to find out your potential winnings. For example, if you bet $100 on a team winning, with odds at 1.82, then your potential total amount received is $182. Simple. Fractional Odds. Fractional odds are one of the oldest forms of odds in sports gambling and are more popular in the UK market. Basically fractional odds show you how much you are set to win relative to how much you put in. Again, we’ll keep this simple with an easy example. Say you make a bet of $5 on Team A to win with the odds of 2/1. This translates as: So your bet of $5 at 2/1 odds gives you a return of $15 ($5 wagered x 2 plus the original stake of $5). Need a Calculator Yet? It’s a good idea to have a basic understanding of how to recognize and read each of the odds formulas, but fortunately, there are also a number of online odds converters and calculators that will do the hard work for you quickly and easily. This comes in very handy especially when you have to recalculate when the odds change. Why Do Odds Change? Between the time when the betting lines open and the game starts, you’re likely to see some change in the betting odds, especially in the last few minutes. Why? There are a few reasons. Protecting Profit. Firstly, the bookmakers may change the odds to protect their profit. Since they’ve calculated the odds carefully to give both teams equal interest, making sure they are set to gain a profit either way, if one team is getting a clear majority of the bets, then they will change the odds to make the less favored team’s odds more favorable. Insider Info. Betting websites may change their odds as information comes to light. For example, when a team line-up is published before a game and the star players aren’t making an appearance, or perhaps news of injuries or training issues come out. These will all have an effect on the betting odds offered. Sharp Bettors. Another reason for movement on the betting line will be the sharp bettors, those professional players who may hold off to the last minute and bet against the public opinion. They are usually big-money players and their wager can be enough to move the lines. Knowing how to use line movement to your advantage takes time and experience, but you can get a head start with our handy guide to understanding line movement. Ready to Play. Now that you have the basic building blocks required to understand sports betting odds, you’re ready to go. All that’s left for you to do is find the right sportsbook for you. This can be another learning curve, but don’t worry, we’re here to help you. Just follow the link to get some great tips on how to choose the best online bookmaker.
How To Read Odds. Understanding betting odds is key to successful betting. If you do not understand betting odds and the probabilities that they imply, you will struggle to succeed in betting on sports long term. You don’t need to be a math genius to succeed in betting on sports, but if you do not understand what betting odds reflect, you are setting yourself up for failure. How to read American odds. There are three popular odds formats: Fractional Odds Decimal Odds American Odds. For the purposes of this article, we will focus on American odds. Know your potential profits when you make a wager with this betting odds calculator. American odds are presented as either positive or negative odds. The following is an example of American odds for an NBA game between the Los Angeles Lakers and Chicago Bulls. Put Your Odds Knowledge to the Test. Super Bowl Special Offer. A big offer for the Big Game! Players can get a Risk Free First Bet up to $600 and, in addition, all users will receive $50 of Parlay Insurance. New customers only. 21+. NJ, CO, IN, TN, IN, MI, IA, VA and WV only. How to calculate implied probability. As previously stated, understanding and calculating the implied probability in betting odds is key to long-term betting success at, for instance, Pointsbet Sportsbook. So how do we calculate the implied probability in American odds? Calculating the implied probability in positive American odds is quite simple: So the implied probability of the Lakers winning the game is 0.4348 (or 43.48%). In this instance, the bookmakers believe the Lakers are a 43.48% chance of winning the game. Calculating the implied probability in negative American odds is fairly straightforward: So in our example, the Bulls are at odds of -140 to win the game. What is the implied probability of these odds? So the implied probability of the Bulls winning the game is 0.5833, or 58.33%. In this case, the bookmakers see the Bulls as a 58.33% chance of winning the game. Value bets. As stated earlier, the key to successful betting is to bet only when there is value. In our example, we should only bet on either the Bulls or the Lakers if we determine that they are a better chance to win the game than what the odds represent. If we believe the Lakers are a better chance to win than 43.48%, we should bet on them. If we believe the Bulls are a better chance to win than 58.33%, then likewise, we should bet on them. Understanding betting odds is crucial to long-term betting success. Possessing an intimate grasp of betting odds and their implied probabilities is fundamental to profitable betting. See real odds at online sportsbooks. At many sportsbooks, you’re free to see the odds no matter what state you happen to be in. However, you can only place real money bets at online sportsbooks odds if you’re located in states that have legal sports betting. However, if you want to bet on horses, you’re more in luck there! Many states allow for online horse racing betting and you can see odds at most of the big horse racing tracks around the world. Betting Against The Odds. In Summary: Betting Odds Explained. Betting odds represent the probability of an outcome occurring and the return (profit) you will receive if your bet is a winner. It could be the likelihood of all of your final four betting picks being correct. The probability represented by betting odds is often referred to as the ‘implied probability’. Understanding the implied probability is crucial. Why? Because you should only bet when you believe the probability of an outcome occurring is higher than the implied probability. But if you would like to learn more about betting odds and alternative odds formats, try this odds converter. Let’s consider an example. Let’s say the New York Giants are facing the Washington Redskins in a regular season NFL game. The Giants are at odds of -110 to cover the betting line of -3.5 points. The probability implied in the odds -110 is 52.4%. You’ve done your research and have determined the Giants are a 60% chance to cover the -3.5 betting line. As 60% is greater than 52.4%, you have found what is commonly referred to as a ‘value bet’. However, if following your research you determined that the Giants are only a 45% chance to cover the -3.5 points betting line, the implied probability of the odds is greater than your determined probability. You have not found a value bet and should not place a bet on the Giants.
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).
Super Bowl Odds 2021: Prop Bet List, Moneyline Info for Chiefs vs. Buccaneers. Featured Columnist February 6, 2021 Comments Comment Bubble Icon. Tom Brady is not used to being the Super Bowl underdog. In nine previous NFL championship games, Brady has not been favored on two occasions, once against the St. Louis Rams and the other against the Seattle Seahawks. Brady is 6-3 overall in the "Big Game," and he carries solid value on the moneyline for Super Bowl LV inside his home stadium. The counter to any thought of betting on Brady on Sunday is an argument in favor of Patrick Mahomes, who leads the reigning champion into its second straight Super Bowl appearance. The Kansas City Chiefs own a regular-season victory over the Tampa Bay Buccaneers and have the more explosive offensive players. With the spread hovering around three points, Kansas City possesses some decent value as a moneyline favorite, which is something that could not be said much in the regular season since it was heavily favored in some games. Super Bowl LV Odds. Spread: Kansas City (-3) Over/Under: 56. Prop Bet List: Full list can be found here on DraftKings Sportsbook. Brady's team is listed as the Super Bowl underdog for the second time in his career. The New England Patriots won the game that started their run of three titles in four years. The Rams were a double-digit favorite in that contest. Super Bowl XLIX, which New England won on Malcolm Butler's interception of Russell Wilson, had a Pick 'Em line between the Patriots and Seattle Seahawks. Pro Football Focus outlined all of the spreads for Brady's nine Super Bowl appearances. He is 4-5 against the spread in championship games. Brady holds a 6-3 straight up record in the Super Bowl. In his first two losses, he was held beneath 20 points by the New York Giants defense. The Philadelphia Eagles defeated the Patriots in a 41-33 shootout in Super Bowl LII. Kansas City showed in Week 12 that it can slow down a Brady-led offense, as the Buccaneers posted seven first-half points. The Chiefs intercepted Brady twice and sacked him once in the 27-24 victory. If you believe Kansas City's defense will get to Brady again, but you still have some doubts about the Chiefs covering or winning, you could turn to the prop bet list. Brady's over/under of interceptions sits 0.5 with a -177 price. He is coming off a three-interception performance in the NFC Championship Game. The Super Bowl LIV Most Valuable Player has higher over/under totals than Brady in pass attempts, completions and passing yards. However, he may not reach those high numbers, since he completed 26 passes and earned 286 yards through the air against the San Francisco 49ers last year. Mahomes' prop totals could go under and the Chiefs could still win because they have Tyreek Hill and Travis Kelce capable of making large gains on one play. Hill's big-play ability hurt the Buccaneers in Week 12, and it could be the deciding factor on Sunday night. While it is enticing to take Brady as the moneyline underdog, Kansas City has the more explosive offense and should make adjustments, just like it against Josh Allen two weeks ago, to ensure Brady is not lurking in the fourth quarter to start another one of his trademark comebacks. 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).
Super Bowl 55 Odds: Betting Guide For Kansas City Chiefs And Tampa Bay Buccaneers. TAMPA, FLORIDA - NOVEMBER 29: Patrick Mahomes #15 of the Kansas City Chiefs looks to pass in the . [+] fourth quarter during their game against the Tampa Bay Buccaneers at Raymond James Stadium on November 29, 2020 in Tampa, Florida. (Photo by Mike Ehrmann/Getty Images) Super Bowl LV is set and the Kansas City Chiefs opened a 3.5-point favorite over the Tampa Bay Buccaneers with a total of 57.5 A number of leading sportsbooks quickly moved the line to Chiefs -3 (-120) Sunday night and dropped the total to 56.5 as initial bets were placed. The Big Game is Sunday, February 7 at 6:30 p.m. ET on CBS. Super Bowl 55 will be played in Tampa, Florida at Raymond James Stadium, home of the Tampa Bay Buccaneers. William Hill sportsbook operates in 160 locations across 14 states with Michigan taking its first legal sports bets this past week. From its birthplace in Nevada, William Hill now takes one in every four sports bets placed in the country. The largest volume of bets are in Nevada and New Jersey, and mobile sports betting apps are offered in nine U.S. jurisdictions. Chiefs and Buccaneers Rematch. The Chiefs and Buccaneers played in Week 12 and Kansas City won 27-24 after building a 27-10 lead into the fourth quarter. Some monster statistical performances included Chiefs QB Patrick Mahomes passing for 462 yards and 3 touchdowns. All three scores went to WR Tyreek Hill, who had 13 receptions for 269 yards including over 200 receiving yards in the first quarter alone. Buccaneers QB Tom Brady passed for 345 yards and 3 touchdowns with two of them to WR Mike Evans. Those players will be most popular again in the Super Bowl match-up with the hundreds of prop bets and player props available on the seasons biggest game and event. The Inside Story Of A Trump Pardon Gone Wrong. Psychedelic Toads Pushed To The Limit, Conservationists Urge Synthetic 5-MeO-DMT Option. Idaho Senate Passes Constitutional Ban On Legal Marijuana. Including the playoffs this season, the Chiefs have averaged 417 yards per game, 6.3 yards per play and 29.1 points per game. The Buccaneers average 387 yards per game, 6.0 yards per play and 30.7 points per game. On defense, the Chiefs allowed 355 yards per game, 5.6 yards per play 22.3 points per game. The Buccaneers allow 328 yards per game, 5.1 yards per play and 22.1 points per game. Super Bowl History. Beyond the Bets. The interest and impact of the Super Bowl is huge. Last year, the Super Bowl’s total average viewership in the U.S. was more than 100 million, and the game was televised live in more than 180 countries. The big money behind the big game included 30-second commercials that cost $5.6 million apiece. A captive audience bolstered by social media could be greater this year with sports betting driving more interest and now legal in 20 states. In the 2019 Super Bowl, there was $145.9 million bet on the game at Nevada sportsbooks. In Kansas City’s 2020 Super Bowl win, Nevada sportsbooks won $18.77 million from bettors with an overall handle of $154.68 million - the second highest win and handle in the last 30 years. The state’s Gaming Control Board reports that Nevada sportsbooks have shown a profit in 28 of the 30 Super Bowls since it began releasing betting results in 1991. New Jersey has lost more than $4 million in each of its first two years booking the Super Bowl with sportsbook handle increasing from 34.9 million to 54.3 million last year. Pennsylvania handled $30.7 million in Super Bowl bets in its first year and lost more than $3.2 million. Promotional wagers, free bets, odds boosts and marketing to try and attract new customers and bettors is part of the reason for early Super Bowl losses in those states. With more states online along with added interest and coverage of sports betting, expect more bettors to be in the game and record betting for Super Bowl 55 between the Buccaneers and Chiefs.
Sports Betting Rules on All Major Sports. Football. For wagering purposes, a football game (NFL or college) becomes official after fifty-five (55) minutes of play. Games lasting under 55 minutes constitute "No Action" or "Push/Cancel" and all money is refunded. Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring. Half-time (2nd Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include overtime scores. Las Vegas Rules apply for any rules not mentioned here. Baseball. A baseball game becomes official for moneyline wagering purposes after 4 1/2 innings if home team is winning, or 5 innings if visiting team is winning. If a game is cancelled or suspended, the winner is determined by the score after the last full inning (unless the home team scores to tie, or takes the lead in the bottom half of the inning, in which case the winner is determined by the score at the time the game is called). Money will be refunded if the home team ties the game, and the game is then suspended. Events do not carry over to the following day (unless otherwise specified). For runlines and game totals (over/under), a baseball game becomes official after 8 1/2 innings if home team is winning, or 9 innings if visiting team is winning. If a game goes past 9 innings and is not completed (ie suspended, curfew, rain delay, etc.), there is action on game total and runline wagers. Las Vegas Rules apply for any rules not mentioned here. Basketball. For wagering purposes, a basketball game becomes official after forty-three (43) minutes of play for pros, and (35) minutes of play for college. Games lasting under official time constitute "No Action" or "Push/Cancel" and all money is refunded. Wagering on the game period spread, moneyline, or total (over/under) include any overtime scoring. Half-time (2nd Half) wagering includes any overtime scores. Fourth Quarter wagering does NOT include overtime scores. Las Vegas Rules apply for any rules not mentioned here. Hockey. For wagering purposes, a hockey game (pro or college) becomes official after fifty-five (55) minutes of play. Games lasting under official time constitute "No Action" or "Push/Cancel" and all money is refunded. Games must take place on the site and date scheduled. (unless otherwise specified) Overtime scores are included on all game period wagers. Third Period wagering does NOT include overtime scores. Las Vegas Rules apply for any rules not mentioned here. Boxing If you wager on a fighter, and the fight ends in a draw and there is no draw option, the wager is "No Action" or "Push/Cancel" and all money is refunded. If there is a draw option and the fight ends in a draw, then all wagers on the fighters will be settled as a loss, and the wagers on the draw will be deemed a winner. Las Vegas Rules apply for any rules not mentioned here. Soccer There will be 3 columns for the three betting options: Home, Draw , and Away. Click on the corresponding odds and this will be your wager. The result of the game is decided after regulation play (90 minutes including injury time). Overtime, the Golden Goal rule, and penalty kicks (after regulation play) are not taken into consideration for soccer bets unless otherwise stipulated. Las Vegas Rules apply for any rules not mentioned here. Tennis Fixed Odds Like other similar types of contests, you may wager on a player to win a tournament at fixed odds. Tournament wagers are considered "All-In." Refunds are not given if a player withdraws. Match-ups Head to head match-ups are available between contestants. A ball must be served for head to head match-up wagers to stand. Otherwise, wagers will be "No Action" or "Push/Cancel" and all money will be refunded. Wagers placed on match-ups WILL have action even if the match is postponed (due to weather) and completed on a later date. Las Vegas Rules apply for any rules not mentioned here. Golf Before a tournament begins there will be a list of golfers with their odds of winning the tournament beside them. Click on the golfer/odds and those are the odds you be given. So if the golfer is listed at 1000 you will win $1000 for every $100 wagered. Single day matchups are wagers on the particular day's 18-holes. Holes played as part of a completion from the previous day's round, and playoff holes are not included in Single Day matchups. Should a day's round be shortened, or otherwise affected due to weather conditions, and the round is continued the next day, the full 18 holes will be considered in determining the outcome of the bet (even if they are played over two days). If both members of the matchup do not complete the full 18 holes, all bets are "No Action". If both players end the 18 holes in a tie, the bet is considered a "No Action" wager. Note: Please see limits to see the maximum allowed to bet on golf games. If a tournament does not go the scheduled number of holes (usually 72), and PGA officials agree to shorten it, wagers are still valid. Las Vegas Rules apply for any rules not mentioned here. Auto Racing There will be a list of drivers with their odds of winning the event beside them. Click on the driver/odds and those are the odds you are given. So if the driver is listed at 1000 you will win $1000 for every $100 wagered. Proposition wagers will also be offered for a driver vs driver wager. Auto Match-Ups When wagering on a match-up, both drivers involved must start the race (cross the start/finish line) otherwise the wager is "No Action" or "Push/Cancel" and money is refunded. In a case where the starting driver is replaced during the race with another driver from the same team, the position the new driver finishes in will be awarded to the original driver. This holds for wagering on win odds and/or match-ups. *Las Vegas Rules apply for any rules not mentioned here. **Please verify with your sportsbook for more accurate betting rules. Super Bowl 55 Odds 1st Wager will never be a Losing Bet at MyBookie. mybookie.ag PGA Golf Odds & Bonus 100% Bitcoin Bonus up to $1,000. betonline.ag. 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Virginia rolls out initial sports betting rules. Big gambling platforms push back. Sports betting hasn’t arrived in Virginia in time for the start of the NFL season, but state officials are fine-tuning the rules for how the newly legalized industry will work when it starts up in early 2021. This year, the General Assembly passed a bill authorizing the Virginia Lottery to grant between four and 12 sports betting licenses, greenlighting a type of gambling projected to generate up to $55 million in state tax revenue per year. Sports betting in Virginia will start online, largely through mobile apps. However, it could eventually expand to the brick-and-mortar casinos being planned in several cities and the Rosie’s gambling establishments operated by Colonial Downs. The Lottery is currently working through a public review of its proposed sports betting regulations, which could determine how quickly the industry takes off in the state and what Virginia bettors will see when the apps are launched. During the review process, several big-name sports betting operators have taken issue with some of the consumer protection measures and other rules state officials are proposing. The potential sticking points include: Displaying handles and odds of winning. As parts of its draft regulations, state officials are developing what’s been dubbed the Sports Bettors Bill of Rights. One particularly significant rule would require sports betting platforms to provide players with information that can help them make “informed decisions about their gambling,” including the odds of winning a bet and an explanation of how those odds were calculated, the handle (or total amount wagered) and payout amounts. Major platforms like DraftKings and FanDuel have voiced strong opposition to that requirement, saying no other sports betting state in the country has imposed a similar mandate to display that information in real time. Fanduel noted that it offered 24 types of bets for a recent NBA Playoff game, with more than 300 potential outcomes and a “nearly unlimited” number of possible parlay wagers. Having to calculate and present the numbers behind each bet on the fly, the company wrote, could create major logistical challenges in terms of both screen space and processing power. “Sports betting apps are simply not built to provide and display this type of information,” the company wrote in its formal comments on Virginia’s draft regulations. “As such, this requirement would force a re-engineering of the products, to create a demonstrably worse user experience, and all to provide information which is immaterial to the calculation of the odds and/or payout a bettor will receive.” Several companies said the rule on showing handles seemed to be a carryover from pari-mutuel horse race wagering that doesn’t translate to other sports. Wagering on the performance of teams and athletes based on oddsmakers’ opinions of favorites and underdogs, the companies argue, is fundamentally different from more mathematically defined types of gambling like lottery tickets, dice rolls or card games. “The actual odds that the Brooklyn Nets will beat the Toronto Raptors, and by how many points, [are] unknown,” FanDuel wrote. Self-exclusion procedures. The regulations include a detailed process to let players voluntarily ban themselves from betting on sports if they feel they’re getting addicted or losing too much money. As envisioned, would-be self-excluders could ban themselves for two years, five years or life, as long as they provide detailed information on themselves including their address, date of birth, social security number, phone number and a description of their physical appearance. The sports betting companies have pointed to what they see as several flaws in the process. For example, if a self-banned person is found to be using their platforms, the companies are required to freeze the account and “seize the individual’s winnings or other things of value.” The companies don’t seem interested in doing that, suggesting they should just confiscate the player’s winnings instead of taking everything in their account. “ It would be no more appropriate to require permit holders to seize the funds (not ascribable to winnings) in an individual’s account, any more than it would be for a casino operator to seize all the money in a self-excluded individual’s wallet if they were found to have entered the casino,” FanDuel wrote. Some companies also suggested streamlining the process by having their platforms direct bettors wishing to self-exclude to the Lottery’s website instead of requiring them to do it through the apps they’re trying to avoid. “This is akin to requiring an individual to enter a casino in order to ban himself from a casino,” wrote a representative for Caesars Entertainment. Similarly, FanDuel suggested scrapping a rule that would force bettors wanting to ban themselves for life to do so in person, calling it a “potential barrier” that might discourage Virginians from using the most drastic option. The industry also wants to get rid of a proposed rule allowing bettors to void their wagers through self-exclusion, saying it could create a way for them to get their money back once they realize they’re going to lose. “ For example, a patron may have a future wager on a team to win the Super Bowl,” wrote Penn National Gaming. “As soon as they know the team will not make the playoffs, they self-exclude in order to get a refund.” Advertising. The regulations also lay out strict rules for how sports betting platforms can advertise, prohibiting them from targeting minors and requiring them to submit “ all advertising, marketing and promotional materials” to the Lottery for prior approval and prohibiting ads that violate “good taste.” The betting platforms said the ad review process would be overly burdensome. “By mandating an approval process for all advertising efforts, this will impact the ability to get promotions quickly posted, which is extremely important given the fast-paced nature of sports (e.g. playoff series being extended),” wrote Penn National Gaming. Several companies suggested a more lenient process in which companies would notify regulators about their advertising plans without needing a formal sign-off in advance. The rules also prohibit sports betting ads in media that cater to minors, prompting the industry to ask for more clarity on which social media platforms the state believes appeal “primarily to those under the age of 21.” Betting on the Olympics. There has been concerted pushback against a rule preventing betting on the Olympics, a prohibition that wasn’t included in the General Assembly’s legislation. Lawmakers did spend some time discussing what types of sports were and weren’t appropriate for betting, choosing to explicitly ban betting on college games involving Virginia schools. But the question of how to handle the Olympics was unaddressed until the draft regulations were released. The platforms argue that excluding certain sports defeats the purpose of the legislation. “ In order to fully eradicate the illegal market, the legal market must be able to compete, which means including as wide an array of event and betting options for consumers,” DraftKings wrote. “The International Olympic Committee is an international sports governing body that ensures integrity across the events it oversees and, as such, the board can be assured events comport with ethical standards.” What’s next? The public comment period on the draft regulations ended Wednesday. The Virginia Lottery Board is scheduled to meet next Tuesday to vote on the new rules. “ We will continue to monitor and consider all public comments as we prepare the final draft of the sports betting regulations,” said Lottery spokeswoman Jennifer Mullen. Once the regulations are in place, the Lottery will begin accepting applications for sports betting permits next month. The interest from national gaming companies suggests many are already making plans for Virginia. “ We look forward to bringing our world class sports betting experience to Virginia soon,” said FanDuel spokesman Kevin Hennessy. DraftKings spokesman James Chisholm said everyone involved in the process shares the goal of building a “customer-centric” sports betting market in Virginia, one that “pulls thousands of Virginians, who are already regularly betting on sports, off of illegal platforms.”
Rules. The importance of knowing the betting rules. Every sport is a world of its own and it’s vitally important to know the rules of betting on each different one in order to stay safe and avoid any unpleasant surprises that could ruin your day. What happens when a match is suspended or postponed? What happens if a player withdraws before or during a match? What happens if one match in a combined bet is suspended? Do goals in extra time count?… So many things can happen and having clear rules covering the different sports is a fundamental part of safe and responsible betting. A complete guide to help you bet safely. The guide on Sports Rules will help you understand all the different markets you can bet on and the rules regulating each one, both for Pre-Match and In-Play bets. Always here to help. If you still have any doubts over the results of any of the bets you have placed, our Customer Services will be more than happy to assist you in solving all your problems or questions.
How Do I Create a Sports Betting Algorithm or System? It might come as a surprise to most to hear that some of the best sports handicappers on the planet rely on a particular "betting system" more so than their knowledge of the sport or sports they bet on. Don't get me wrong, these handicappers are very smart people, but their consistent success is due to the fact they've been able to develop "betting systems" throughout their years in the industry that they trust and rely on 100 percent of the time. These systems are complex and thorough and with the right tweak of data every now and then, the systems continuously churn out updated information for future betting situations. Free $60 in Member MLB Picks No Obligation Click Here. What is a Betting System? When you hear someone talking about a certain "betting system" they are referring to a system that is in place that uses a specific set of rules or criteria to avoid making a subjective decision when thinking about a particular wager. Such betting systems are the product of extensive data mining in which numbers, statistics and trends are dug up to help a bettor find the most logical way to wager on future games with similar traits. To simplify, a handicapper would look for situations where X happened, and Y immediately followed. Going forward, if X were to happen again, a play on Y would be in order. There are "betting systems" for things like blackjack, roulette, baccarat and horse betting. However, for the purpose of this article, I will stick to "betting systems" within sports betting. How Do Betting Systems Work? There are countless types of "betting systems" a handicapper can utilize when looking to gain an edge over the sportsbooks. Some are self developed while others have been around for several years. For example, some handicappers prefer to look for statistical reoccurrences, while some think studying a team's schedule could help them find situations in which a team is expected to play better or worse. There are also some handicappers who look for surprising line movement and then make their play on or against it. Whatever your system is, once the specific criteria is in place, you can quickly sort through a high volume of available games and identify the ones that fit the system. However, once you have circled the few games that fit the system, you must dig deeper to find out if there is value to be had and if it's worth wagering on. How to Create a Betting System? When most people think hear the term "betting system" they instantly think it's beyond their paygrade and so sophisticated in stature. Sure, some sports betting system are created by math geniuses looking for value. And while these may be complex and fly directly over the head of an average bettor, these are generally the exception. If you wanted to create your own betting system, the first step would be to identify what you want to target and then come up with an idea of how you are going to collect the data. The best sports betting systems all start with a single trend or statistic, and then it snowballs from there. To keep the system relevant, you must constantly build on it, tweak it and adjust it as time passes to keep from going stale and to continue turning a profit. In the year 2019, we have more information available to us than we have ever had before, and the availability of real-time data and statistics allow us to instantly plug in the information and see how it fits. There is no waiting required as the excel sheets and the amount of computer power we possess have the ability to instantly crunch the numbers and spit out a conclusion that can then be turned into profit. Use the information available to you and do something positive with it. The information is available for everyone to consume, and building a betting system is a step on the right path when it comes to understanding the sports betting industry and helping you profit over time. The Flaws of a Betting System. If sports betting was as easy as following trends and wagering on certain situations, we would all be super rich. Unfortunately it isn't, and each "betting system" has its own flaw. Before I get to the flaws, I want to touch on how the sportsbooks react to these "betting systems." For starters, sportsbooks are not dumb. They employ knowledgeable sports people who are paid to track these sorts of things. If a sportsbook feels vulnerable to a specific trend, they will adjust the line or price and try to take the edge away from the bettor. This means that finding a true "betting system" that provides a long-term edge for bettors is much tougher than most handicappers like to believe. Over many years of handicapping, I have come to find that the biggest problem with "betting systems" is sample size. For example, if you flip a coin 1,000 times the split between heads and tails should be pretty close to even - 500 per side. However, if you were to shrink the sample size to just 10 flips, it wouldn't be unreasonable to expect a more severe split - say 7/3 in favor of heads, or 8/2 in favor of tails. Because of this severe split, handicappers are quick to assume that seven or eight out of 10 is a reasonable expectation over the long term. Positive results like this lead to greed and cutting corners, not to mention false expectations. If you value your bankroll like most successful handicappers, you need to avoid putting any stock in betting systems that aren't proven over an extender period of time. Betting System and Algorithm Success Addendum from Doc's Sports' Arun Shiva (formerly Indian Cowboy) Check Shiva's handicapping info page here . It's not every day a Sports Handicapper has a Masters in Biostatistics, but that is something that has helped myself and my team over the years. When one speaks of algorithms, people have a tendency to get scared or intimidated. But it doesn't have to be that way. In a world filled with Metrics and Analytics, I think people can get a bit scared as the traditional way of how we look at sports gets taken away. People become uncomfortable with the idea that numbers are driving draft picks, the way we watch the game, or how we handicap a contest. I am a firm believer in both. It is like your Right Eye and your Left Eye. You need them both. I believe Numbers and Algorithms are important in tracking what you are looking for. For us, it is bounce-backs for a team or pitcher, regressions of a team or pitcher, let downs, revenge, offensive efficiency, defensive efficiency, the all-important turnover/assist ratio, field goal percentage up tick or regression, and the list goes on. So, when you do algorithms, you have to base your algorithms on what YOU are looking for. Don't let the numbers tell you what to dictate. Find out what you want from the numbers. How well a team does after a win, a loss, a terrible turnover performance, a poor assist performance, or a terrible offensive or defensive performance. Have numbers be your Right Eye. Doc's Sports is offering $60 worth of member's picks absolutely free - no obligation, no sales people - you don't even have to enter credit card information. You can use this $60 credit any way you please for any handicapper and any sport on Doc's Sports list of expert sports handicappers. Get $60 worth of premium members' picks free .
How to Create a Sports Betting Algorithm. Building a sports betting algorithm is no fun. It takes hours and hours of entering data, sorting spreadsheets, setting up databases, testing, and more testing. And all this is no guarantee that it’s going to start spitting out winners like an ATM. But if you love sports and sports betting, it can be an amazing thing to create. Bookmakers have math geniuses with degrees up the wazoo from the finest schools in the world working day and night with every possible tool at their disposal in order to compose the odds/lines/spreads that the whole world is trying to beat. It’s going to take time and a boatload of effort to create an algorithm that can win, but if you feed the beast the right info, you can create a winning formula . So where do you start? Data, Data, and More Data. Your model is going to need data and tons of it – the more you put in, the better your algorithm is going to turn out. It is just as important what data you put into the model. A deep knowledge of whatever sport you are building the algorithm for is of the utmost importance. Go through your mind thinking, “What are the important stats in determining the outcome of a game?” And then you can start importing them into your model. Let’s look at football and the key stats that determine the outcome of a game: Win-lost record, points scored, points allowed, yards gained on the ground, yards gained passing, turnovers, penalties, home or road game, time of possession, kicking, punting, kick and punt returns, red zone efficiency for offense and defense, and third-down efficiency. There are probably a hundred more pieces of data that go into making the algorithm for football. Now comes the hard part – How do you weight that data so it all balances out? This takes time, trial, and error. Before you start betting real money, run the algorithm against games in the past and determine its accuracy in those past games. You should keep tweaking and changing the weighting so that the results are more accurate with the past performance. Where Does the Data Come From? Many services out there can provide you with all the data you need to create your algorithm. Some of them are free, and some of the deeper dives can cost you an arm and a leg. To save yourself money and the unholy hell that can be data entry in creating your model, I would strongly suggest investing in some data scraping software. This software will allow you to scrape data from websites directly into spreadsheet format. Learning how to do this (and it’s fairly simple these days with the great range of intuitive software available) will save you hours, if not days or weeks, in data collection as well as the subscription cost of paid services. Other Models to Learn From. Before beginning the process, I would take a deep dive into some of the other, more popular data-driven algorithms that predict sports and football. One is the ESPN Football Power Index that aggregates stats and determines the probability of one team beating the other. Analytics Powerhouse FiveThirtyEight runs scores of football predictions using their ELO method. It also runs an annual contest to see if people can defeat their algorithm. They even let you take a peek into their code, which can help serve as a template for your algorithmic adventure: NFL ELO GAME . A third company, TheOddsFactory , out of Sweden, runs Monte Carlo simulations on sporting events around the world. They play the game 10,000 times using their program and spit out the most likely result of the game. The company has information on its site that can also help out. In Conclusion. You’re going to have to love sports and sports betting to go through all the painstaking work it takes to create a sports betting algorithm. But if you can do the groundwork and stick to a game plan, I’m pretty sure you can create something that will bring you joy and maybe even a few extra dollars.
Legal Sports Betting Is Bigger than Ever -- But COVID Could Hurt Bets on the Big Game. Sports betting is more popular, and legal, than ever, and one of biggest draws for bettors every year is wagering on the Big Game. But, like everything else right now, COVID-19 is having an impact on football betting this year. In the video below, we'll take a closer look at why wagers on Sunday's game will likely be lower than usual, and how online sports betting -- fueled by companies like DraftKings (NASDAQ: DKNG) -- are scratching an itch for those wanting to place bets during socially distant times. Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Video: How these investors view the recent Big Tech bounce (CNBC)
America’s Laws Against Gambling And Sports Betting. When discussing legal online sports betting, the majority of America's government has a very regressive, prohibition-style attitude towards it, buying into a negative perspective concerning the morality of gambling entertainment. This is what has led to a variety of state gambling laws in the past. There are no US federal laws that make it a crime for Americans to place bets at offshore sportsbooks that are operating legally within the industry. There are two states that legally prohibit all online gambling, domestic or offshore, leaving residents in Connecticut and Washington without legally sanctioned online betting options, though they have yet to start enforcing those restrictions. For the most part, state lawmakers are becoming more progressive concerning betting entertainment and recognize the value that this type of revenue stream can bring to a state. Individual states are actively analyzing what the legalization of domestic sports gambling can provide them with in terms of opportunities, tourism, and tax revenue, and many have already taken action one way or the other through new legislation. Iowa, Nevada, New Jersey, Oregon, Pennsylvania, Rhode Island, and West Virginia currently permit state-regulated online sports gambling, with nearly two dozen additional states having launched land-based sportsbooks. Individual territories began embracing sports betting the moment that PASPA was ruled unconstitutional by the Supreme Court in the infamous NJ case, with multiple states having had their legislation ready and waiting should the ruling go in the Garden State's favor. Below we'll take a look at the relevant US federal gambling laws, and explain how state gambling laws intersect with federal laws to impact online and brick and mortar sportsbook gambling, as well as what these laws have to say about the legal status of offshore sports betting entertainment. The Federal Laws on the Books. The sections below will detail and explain how each major federal law affects domestic gambling opportunities in the US. The Federal Wire Act. Passed back in 1961, the Federal Wire Act was made law in an effort to curtail the illegal gambling activities taking place over the phone by organized crime syndicates. It prohibited the transmission of wagers or betting information from being carried across state lines via telegraph or telephone. The Federal Wire Act targeted these illegal bookie operations as a means to curb the mafia from manipulating games and making a profit through these tactics. This law was strictly focused on interstate gambling, and only targeted those accepting bets and not the individuals placing the bets. The goal was to crack down on illegal gambling services, not prosecute bettors. Between the DOJ Legal Opinion of 2011 and the repeal of PASPA, today's application of the Wire Act prohibits any gambling business from accepting bets across state lines or from foreign sources. With the changes still being implemented, we are not sure yet how this will affect those states that had entered into interstate gambling pacts with one another, sharing player pools for their online gambling initiatives. Once that aspect of the legal situation becomes more clear we will update that information here. The Professional and Amateur Sports Protection Act. Also known as the Bradley Act, or just PASPA, the Professional and Amateur Sports Protection Act was a sweeping federal regulation that passed in 1992, with the supposed intent of protecting the integrity of sports by making sports betting illegal. At the time the bill was passed, there were sports lotteries in Delaware, Montana, and Oregon, as well as licensed and regulated sports betting in Nevada, so those four states were exempt. The law effectively prevented the expansion of the sports betting market throughout the United States in what many categorized as a discriminatory law that favored a few states while restricting others. New Jersey took on the mission of challenging the law and after several years of court battles, was given a favorable outcome by the highest court in the land as SCOTUS ruled PASPA as unconstitutional, nullifying the law. As of May 14, 2018, each individual state now has the authority to dictate sports betting laws within their borders. They can now choose to authorize or prohibit sports betting at their pleasure. Following PASPA's repeal, we have seen multiple states move forward with legislation that legalizes sports gambling at the state level. The Unlawful Internet Gambling Enforcement Act. This is the big one that shook the gambling industry to its core. Online gambling really started to explode during the early 2000's, especially in the realm of online poker. In 2006, then-President Bush signed into law the Unlawful Internet Gambling Enforcement Act, known all over as the UIGEA. In a nutshell, the UIGEA placed very stringent regulatory restrictions concerning how gambling-related transactions could be processed. The most reputable sites started a countdown and allowed Americans to withdraw and closeout their accounts. Many trusted gambling sites left the US market at this time. After the dust settled, and the financial and gambling industries learned how to comply with the regulatory oversight provided by the UIGEA, many of these reputable gambling sites have returned to provide services to US sports bettors. The UIGEA did end up making the online gambling market safer for both the bettors and the operators by imposing a more reliable and stricter regulatory structure for how gambling-related transactions are processed. Gambling sites invested in top tier payment processors while all parties implemented higher-level security protocols to ensure the validity and safety of those transactions that are processed. While US online gambling funding options are still somewhat limited in some regards, things have stabilized. The emergence of cryptocurrencies have filled the void left by the elimination of US-friendly e-wallets and failed credit card transactions. The UIGEA does not make it illegal for Americans to gamble online. The law simply regulates how online gambling transactions are processed. The 2011 Department of Justice's Interpretation of Federal Laws. With the growth of online commerce, several states became interested in offering lottery game services online. This raised questions concerning the application of the Federal Wire Act, driving the DOJ to issue a clarification of the law's reach. The Department of Justice ruled, and accurately so, that the federal government had no right to tell states that they could not sanction online gambling and therefore established that each US state has the authority to determine their own fate concerning online gambling with the exception of sports betting. The repeal of PASPA took care of freeing sports gambling as the last remaining federally prohibited form of state-regulated online gambling. As of now, all 50 states have the legal ability to legalize and offer online gambling such as casinos, poker, bingo, and sports wagering. To date, only a handful of states have taken advantage of legal domestic online gambling. However, many states have pending bills to allow various forms of sports betting. The 2019 DOJ Interpretation of Federal Gambling Laws. Following the repeal of PASPA in 2018, the reach of the Federal Wire Act has again come into question. In a new interpretation, which many believe was coerced by anti-online gambling activist Sheldon Adelson, the Department of Justice has indicated that the Wire Act prohibits not only interstate wagers but also the sharing of information across state lines. This determination will certainly harm those states that have entered into interstate gambling compacts to share player pools and resources with other states. The opinion is being formally challenged through a lawsuit headed up by New Hampshire. As the situation unfolds, we will provide updates here. What You Need to Know Going Forward. All of this legal information is good knowledge to have under your belt, no doubt about it. However, all you really need to know going forward is that there are no federal laws making gambling illegal in the United States either online or offline, and this includes domestic and offshore sports betting. States now determine the legal status of all gambling entertainment within their borders. As a sports betting resource guide, we want to make this point clear. For those of you interested in betting on sport but who live in a state that has not authorized state-regulated sportsbooks, you'll have to either travel to a state with legalized sports betting or use a legitimate offshore sportsbook such as the ones you find listed on this site. You can check out our list of states that allow sports betting here or follow our list of recommended online sportsbooks.
Cuomo to initiate legal mobile sports betting in New York. STATEN ISLAND, N.Y. -- As part of his State of the State address next week, Gov. Andrew Cuomo will call for legal sports betting -- online and on mobile devices -- in New York to help raise revenue amid the state’s $14 billion financial losses during the coronavirus (COVID-19) pandemic. Under Cuomo’s proposal, the New York State Gaming Commission will issue a request for proposals to select and license a sports operator or platform to offer mobile sports wagering in New York. This operator or platform must have a partnership with one of the existing licensed commercial casinos, Cuomo said. The Commission will also require any entity operating mobile wagering apps include safeguards against abuses and addiction. In the past, Cuomo hasn’t supported legalized mobile sports betting. But facing an estimated $15 billion deficit this coming fiscal year, the governor has embraced the idea. “At a time when New York faces a historic budget deficit due to the COVID-19 pandemic, the current online sports wagering structure incentivizes a large segment of New York residents to travel out of state to make online sports wagers or continue to patronize black markets,” Cuomo said. “New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting we aim to keep millions of dollars in revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis.” The sports gambling market is evolving rapidly. In 2018, the U.S. Supreme Court in Murphy v. NCAA overturned a federal law prohibiting most states from authorizing sports wagering. Sports wagering is now legal online in 14 states, including the bordering states of New Jersey and Pennsylvania, while it is only legal in New York at the four Upstate commercial gaming facilities and Native American gaming facilities. An industry study found that nearly 20 percent of New Jersey’s sports wagering revenue comes from New York residents, costing the State millions of dollars in lost tax revenue.
Recapping Busy Start for 2021 Sports Betting Legislation. Lev Radin/Pacific Press/LightRocket via Getty Images. Pictured: Gov. Andrew Cuomo. A few weeks into 2021, lawmakers in more than a dozen states have already introduced sports betting legislation or have announced plans to do so. Here’s a state-by-state recap of some of the most important such bills filed during a frantic start to the 2021 legislative session: Georgia. A bipartisan group of lawmakers in the state House of Representatives introduced a mobile sports betting bill last week that would allow at least six individually branded online licenses under the purview of the state lottery. Status: The bill has not been assigned yet to a committee but it is being championed by Rep. Ron Stephens, who chairs the House Economic Development & Tourism Committee. That means it should at least get a serious look. Look Ahead: Georgia came surprisingly close to passing legal sports betting last year, backed by Republican fiscal conservatives and the state’s professional sports organizations. However, any gaming bill still faces opposition from religious and social conservative organizations and lawmakers. The back-and-forth between these factions of the GOP could determine sports betting’s 2021 hopes. Connecticut. After years discussing legal sports betting, Connecticut finally seems on the verge of legal wagering legislation passing into law. Status: A bipartisan, bicameral bill with 17 sponsors — and the backing of Gov. Ned Lamont — was filed last week and now awaits further action in the Joint Committee on Public Safety and Security. Look Ahead: The bill offers few details beyond approving the state’s two gaming tribes to open retail and online sportsbooks, as well as online casinos (the state lottery would also be able to expand its offerings). Significant work is required before this bill could pass but the fact so many lawmakers are on board, as well as the tribes, gives online sports betting and casino gaming a great chance to pass, even if it looks like there may be limited wagering options. Missouri. Lawmakers have already introduced six sports betting bills, meaning the Show Me State will once again consider legal wagering, even though significant logistical and political hurdles remain. Status: Bills have been introduced in both the House and Senate but only one has been assigned to a committee. Look Ahead: Missouri lawmakers must weigh sports betting against an ongoing legislative fight over video lottery terminals, which would have a far larger financial consequence than even online sportsbooks. Lawmakers must consider the casino industry interests while also determining if the state should regulate thousands of unlicensed “grey” gaming machines that are already in existence, legalizing new machines or banning them outright. They also will have to do so remotely, at least for this week; the 2021 legislative session has been suspended due to a COVID-19 outbreak. Kentucky. Rep. Adam Koenig is once again spearheading mobile sports betting legislation, this time with 16 co-sponsors. But after a similar 2020 bill faltered following a promising start, this year’s legislative session leaves little wiggle room for what appears a long-shot effort. Status: This year’s bill hasn’t been taken up by a committee yet but assuming it advances as its counterpart did in 2020, the real question remains if it will get a vote before the full House floor. Look Ahead: Kentucky gaming bills always face tough odds in a state with strong anti-gambling sentiment but this year, lawmakers are more focused on restoring historic horse racing terminals — and, more so, a major budget crunch execrated by the COVID-19 pandemic. With an already truncated odd-numbered legislative session to begin with, sports betting may struggle to gain much traction in Frankfort. New York. Assemblymember J. Gary Pretlow and Sen. Joseph Addabbo have introduced identical bills in their respective chambers that would allow up to 14 online mobile operators as well as betting kiosks at professional sports stadiums and off-track betting venues. Status : Both bills could see votes in their respective gaming committees as early as this week, but that vote isn’t as important as a budget proposal expected from Gov. Andrew Cuomo in the coming days. Look Ahead: Cuomo surprised the gaming world earlier this month when he came out in support of legal online wagering but just as quickly angered stakeholders when he said he wanted only one operator. A press statement released last week indicated the governor may support a multi-operator model, but it will have to come with the backing of lawmakers already looking to advance a proposal of their own. The fate of New York online betting depends on finding an agreement on either a multiple operator or single operator model. Cuomo’s draft budget could go a long way toward that solution. South Dakota. After voters backed a 2020 ballot measure to legalize sports betting last fall, lawmakers introduced follow-up legislation in January that would lay out key regulatory and taxation details for retail sportsbooks in the historic gaming town of Deadwood, as well as Native American casinos. Status: The bill in South Dakota has been assigned to the Senate State Affairs Committee and could be discussed as early as this month. Look Ahead: Passing a retail sports betting bill seems like a safe bet in 2021. Online sports betting is the bigger question. Though gaming is only allowed in Deadwood, some mobile betting backers believe online wagering could be permitted statewide if the computer servers are physically within Deadwood limits. Though it would mean far larger revenue potential, it’s a logistically, politically and possibly legally more difficult endeavor, and the initial bill’s lack of mobile betting authorization indicates it may not even be considered in this year’s session. Massachusetts. Lawmakers discussed a handful of sports betting bills in 2020, including one sponsored by Gov. Charlie Baker, but elected officials couldn’t reach consensus despite bipartisan support. The General Court is set to take up wagering bills again in 2021, but some of the logistical hurdles remain. Status: Rep. Bradford Hill introduced a trio of mobile sports wagering bills last week, and more are set to follow in the Senate (and possibly the House). With the state’s year-long session just beginning, additional legislation to follow and more pressing budget concerns to consider, it could be a while before these specific proposals see much momentum. Look Ahead: Massachusetts, which has increasingly embraced gaming in recent years as competition for gambling dollars grows in other New England states, has frustrated the sports betting industry with its failure to advance legal wagering despite the latent political support. With statewide, legal wagering already in Rhode Island and New Hampshire (and likely in Connecticut) there’s more motivation than ever to pass a bill. Politicians still must work out operator access, college betting legality and a host of other issues they’ve struggled to reach consensus on in recent years. Other States. Several more are poised to introduce sports betting legislation in the coming weeks, while others with legal wagering already are working on growing their betting options. Legislation Pending: Maryland is all but guaranteed to take up fleshed-out legislation later this year after voters overwhelmingly backed a 2020 referendum that legalized sports betting. Texas, Minnesota and Arizona are among the next wave of states that could also see legal sports betting bills in 2021. Expanded Options: Officials in Oregon, Washington and Virginia have filed bills that would increase the number of legal sportsbooks in their respective states. Additional sports betting bills could face political obstacles, but it’s nevertheless a sign of political interest for expanded markets.
Parlay Calculator. A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected. In order for the parlay bet to win, every one of the wagers must win or push (tie). If any of the selections lose, your wager loses, regardless of the outcome or cancellation of the other games. If one or more selections is a tie, postponed, incomplete, cancelled or rescheduled for another day, then the wager reverts to the next lowest number. For example, if you place a 5 team parlay and have 4 winners and a tie, your wager pays out as a 4 team parlay. If you place a 2 team parlay and one team wins and one ties, the wager becomes a straight bet. Parlays with spreads and totals at standard -110 odds, use the Fixed Odds Table. Parlays with spreads and totals with odds not at the standard -110 value, use the True Odds Calculator. FIXED ODDS PARLAY TABLE # of Teams Las Vegas Payout **Global Book Payout 2 13/5 13/5 3 6/1 6/1 4 10/1 12.28/1 5 20/1 24.35/1 6 40/1 47.41/1 7 75/1 91.42/1 8 150/1 175.44/1 TRUE ODDS PARLAY CALCULATOR. **Parlay Calculator based on Global Sportsbook Odds.
Multiply Your Betting Odds: How to Use a Parlay Calculator? A parlay is a type of bet that puts together two or more individual bets for a higher payout. Since it is treated as one bet, none of the picks on your parlay can let you down. Even if one of your parlay picks loses, the entire parlay is gone. Parlays are highly popular among the bettors just because of the higher payouts. You can win hundreds of dollars with a couple of bucks stake when you land a 5-game parlay for example. However, the bigger payout brings along the greater risk. You will have a much higher chance of nailing a single straight bet than several picks at once in a parlay. What is a parlay calculator and how to use it? Just by reading the introduction part of this article, you may have an idea of what a parlay calculator is. It is a tool used to calculate the payout of your parlay. It is by no means a game-changing business software as all sports betting operators have been using it for ages. If you have ever placed a sports wager, you have practically used a parlay calculator in your bet slip. Usually, the sportsbooks automatically multiply the odds for your picks and you can see the possible payout in the bet slip. You can, of course, type in “parlay calculator” in your web browser and test the tool on various sites. You will just be asked to enter the stake and the odds, and you will instantly see the potential winnings amount. How can I calculate a parlay payout? You can do the parlay calculator’s job on your own as well. We will show you the math through an easy example, but let’s first go through the theoretical part. This is what you should do: Convert your American odds to decimal odds through one of numerous online odds converters Then multiply these decimal odds Then multiply the number you got (the multiplier) by your bet amount Finally, subtract your original stake and you have got the odds for your parlay. We know the theory is boring, so let’s get straight to the example. Let’s say that we want to back spreads for four different teams across four distinct professional sports in the United States. The spreads are paid at the -110 odds with most sportsbooks, in most cases. So, this is our parlay: Dallas Mavericks (-5.5) to beat Atlanta Hawks @ -110 Buffalo Bills (-6.0) to beat New York Giants @ -110 Tampa Bay Lightning (-1) to beat New York Rangers @ -110 New York Yankees (-1) to beat Los Angeles Dodgers @ -110. By applying the aforementioned theory, we should do the following: -110 American odds are equal to 1.91 decimal odds 1.91 x 1.91 x 1.91 x 1.91 = 13.30 13.30 – 1 = 12.30. Now that you’ve got the parlay calculator basics, you are ready to jump into today’s betting offer and find the best several picks for your parlay. Good luck!
Parlay Strategy. A parlay bet is a popular form of sports wagering most gamblers are familiar with. In case you’re not, this bet is rather easy to understand. A parlay is simply a combo bet where, rather than betting several teams individually, you group them into a single wager. Using this option, the payout is greater and the risk is less, but you need all teams selected to win. What happens if there’s a push in a parlay? That bet will be taken out of the parlay and the payout will be reduced as if there were one fewer team in the parlay. So if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay. Parlay bets can be very tempting as they can offer some big payouts. See a recent parlay Kevin made at 5Dimes.eu and cashed in on! Are Parlays Sucker Bets? There is a general misconception in sports betting that all parlays are sucker bets. This is simply because most sports bettors are not familiar with how they work, or how to bet them properly. In this article, I’ll address parlay betting strategies, but first let’s look at parlay odds and how they are calculated. The parlay odds at most Las Vegas sportsbooks are: 2 teams 2.6 to 1 3 teams 6-1 4 teams 10-1 5 teams 20-1 6 teams 40-1 7 teams 80-1 8 teams 150-1. Let’s say you decide for the next eight weeks you’re going to bet the Monday night football game, starting with a $1.00 bankroll and betting your entire bankroll each week until you go 8-0 or bust. The potential win is as follows: Week 1: $1.00 to win $0.91: If win total profit = $0.91 (Bankroll =$1.91) Week 2: $1.91 to win $1.74: If win total profit = $2.65 (Bankroll =$3.65) Week 3: $3.65 to win $3.32: If win total profit = $5.97 (Bankroll =$6.97) Week 4: $6.97 to win $6.34: If win total profit = $12.31 (Bankroll =$13.31) Week 5: $13.31 to win $12.10: If win total profit = $24.41 (Bankroll =$25.41) Week 6: $25.41 to win $23.10: If win total profit = $46.51 (Bankroll =$47.51) Week 7: $47.51 to win $43.19: If win total profit = $89.70 (Bankroll =$90.70) Week 8: $90.70 to win $82.45: If win total profit = $172.15 (Bankroll =$173.15) The reason parlays are often sucker bets shows up in this middle column. Had you bet these in an 8 team parlay, you’d only get paid 150 to one. Essentially, a parlay is no different than betting all in each time, only parlays generally pay much worse. However, you’ll notice the odds are not poor until you get to four teams, where the sportsbook has a whopping 31.25% advantage. Two teams pay a smidgen worse than the manual parlay (all in each time) option, where three team parlays pay a smidgen better. Rarely ever is a 2 or 3 team parlay a true suckers bet. What Does a Parlay Pay? As I mentioned earlier, fixed parlay odds vary greatly between online sportsbooks. Here is some info on which sites offer the best fixed parlay odds: 3 team parlays pay 6/1 or $600 for every $100 bet. BetOnline.ag is the leader in the industry in 3 team parlay payouts. Generally speaking, parlaying 5 teams or more teams is not a good idea; however, for sports gamblers looking for a lotto ticket, 5dimes.eu and Bookmaker.eu each offer up to 15 team parlays and have by far the best odds in the business on these. True Odds Parlays. 1 Earlier, I mentioned fixed odds are only given when all selections are 50/50 propositions. If one side of a line requires a greater stake than the other to yield the same payout, this is not a 50/50 proposition, and the bookmaker will now use “true odds”. What’s important to note is that true odds doesn’t actually mean the “true odds” of winning. Rather, true odds pays the same as if you bet each team individually and rolled the profit forward each time, which is what I showed in the example of 8 all in bets starting with a $1.00 stake. Let’s say you’re in the mood to gamble on an 8 team parlay, but the only out available to you is a bookmaker paying 150-1 fixed odds. A trick of the trade here is to include one bet that is priced differently than -110 in order to force the bookmaker to use true odds. So, let’s say you make 7 selections priced at the standard -110 pricing and one at -115. A true parlay calculates by multiplying each modifier together. The math is 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.87, which equals 173.41. This bet returns 173.41 times the stake, which includes the risk amount, so the bet is 1 to win 172.41. Notice this is significantly better than the fixed odds payout of 1 to win 150 on an 8 team parlay. In short, the trick of the trade when dealing with poor fixed odds is to simply add one team to the parlay that is priced differently than the standard -110. As you can now see, if you know how to bet parlays properly, they are not always sucker bets. There are, however, a few reasons that parlays are generally not a good move. I’ll cover these, and then cover the times it does make sense. Top Reasons to Avoid Parlays. 1) Progressive betting systems are generally regarded as poor strategy for both bankroll management and bankroll growth. Professional bettors make wagers based on their quantified edge per game. While the math can work out, doing the math for proper bet sizing on a parlay is a lot of added work with little to no upside for most sports bettors. 2) Parlay bets have higher variance than straight bets. Here you’re getting the same odds, but your chance of hitting a dry spell is greatly increased. When the odds are the same it is most often better to go with the lower variance option, which in this case is straight wagers. 3) Line Shopping – Sports bettors maximize their profit by always shopping for the best price. For example, finding -4 when other sites are -4.5, and finding reduced vig options such as -104 instead of -110. When betting parlays, you’ll need to find the most favorable odds for each team at a single betting site. This scenario is rare, so generally you’ll end up with better odds by making straight wagers at multiple betting sites. Parlays That Make the Most Sense: Reduced Juice – BetOnline.ag offers 6.5 to one on three team parlays. This comes out better than betting sides at the -105 price standard reduced juice sports books offer. In sports such as NFL football where 50/50 wagering propositions are common, a sports bettor gets far superior odds by betting 3 team parlays at BetOnline. Correlated Parlays – If a bookmaker was offering betting lines on both “will it be cloudy today?” and “will it rain today?”, if allowed, you’d be much better off betting either both as no, or both as yes, in a parlay bet as opposed to straight wagers. While this is a simplified example, there are plenty of times when outcomes are correlated in sports betting. For example, a handicapper might determine that if one team covers the spread, the game is more likely to go over or under the posted total. Also, during the final week of the NFL season, a certain team winning or losing the day game might result in a previously important night game now having no meaning in the playoff race. Free Play Bonuses – Several online betting sites, for example BetNow, offer players free bets based on the size of their initial deposit. Free play bonuses are not the same as cash. The difference is that a bet made with cash returns both stake and win, where a bet made with a free play returns only win. Parlays allow you the chance to use the same free play more than once, because a parlay really is only a wager that continues to place stake+win on the next selection. Remember, fixed odd three team parlays pay a little better than true odds. So when using free plays to bet 3 team parlays, you’re getting slightly better odds, and also a chance to apply that free play stake to three different bets. This is common knowledge that 3 team parlays are a great use of free play bonuses.
How to Read Parlay Odds. Commercial Content. Play Responsibly. 21+ Sports bettors are always trying to get the most from their wagers – and beat the NJ online sportsbooks at their own game. Online Gambling professionals will have their own strategies and ways of making money. However, there are ways for all bettors to make more from less: parlay odds. Of course, bookmakers like to tip the odds and markets in their favor – but a parlay bet can give you the upper hand. Also, use our betting odds calculator to figure out potential winnings. In this article, we are going to look at what a parlay bet is – as well as how parlay odds work. We will come up with a few ideas for making the most of you parlay odds – and illustrate with some examples that may inspire you to check out the betting markets for parlays of your own. What is a Parlay Bet? Parlay bets are sometimes referred to as multiple or combination bets – and those terms reflect the nature of these wagers in a much better way. Rather than making a single – or straight – bet on an event, you will include a number of bets in your wager. For example, if you are keen on betting on football you may want to bet on a number of NFL games over the weekend. You could make single bets on the Jets, Dolphins, and Chargers to win. But in a parlay bet you would bet on the chance of all three of those teams to win their individual games. The attraction of a parlay bet is that parlay odds increase for every event – or leg – that you introduce into your bet. We will look more closely into how parlay odds work in a moment – but the basics of parlay betting is that because you are placing a bet on the likelihood of three events happening (in this example), parlay odds increase compared to the price of just one event. If anyone of the individual legs to the bet fails, the entire bet is lost. The reason why parlay bets are so popular is that for a relatively small outlay you can win a large amount of money. Parlay odds make it that you can get a lot more for your $10 than betting just on the Raiders to win. The risk is greater – but so is the potential payout. How do Parlay Odds Work? These kinds of wagers can include just two legs or increase in size – depending on your bookmaker – to whatever you want to include. The parlay odds will increase substantially the more legs you introduce to the bet. These huge parlay odds may be very enticing, but you need to realize that they are that big because it is far more difficult to correctly predict three, four or five events than it is to predict one. Using the NFL example we mentioned before, here is how parlay odds work. Here are the odds for three games. 3 Parlay Odds Example. To discover what the parlay odds for one bet is we need to convert these American odds into their decimal odds equivalent. If you are betting online then most sports betting sites can do this automatically, but the formula is very simple for favorites or underdogs. For underdogs (or plus odds) you need this formula: For favorites (or minus odds) the formula is this: Here are the three events with their decimal odds: New York Jets to win 3.00 Miami Dolphins to win 3.50 Los Angeles Chargers to win 1.63. To get the parlay odds for our three-leg wager we now need to multiply these odds together. To discover what the American odds for this parlay would be we need to convert it back by multiplying by 100 and then subtracting 100. So our parlay odds work out to: If you staked $10 on this three-leg parlay bet you and it won you would receive $161.20 profit. What are the Advantages of Parlay Bets? As you can see from our simple example – there is the chance to win larger amounts of money for a relatively lower outlay. Due to the decreased chances of multiple bets winning, the parlay odds are greater. Let’s look at this example again and compare it to straight bets on the three games. Those amounts are quite different to the $161.20 you would get with your parlay odds! Many sports bettors like parlay odds as it means you can win a larger amount of money. The understanding is that there is less chance of the bet being successful. That is why many people use parlay bets as ‘a bit of fun’. If they come off then it’s great – but there is not as much expectation for that to happen. It only needs one of the Jets, Dolphins, or Chargers to lose and this bet is lost. If you placed a bet on the three games individually you could at least still win something. Basic Parlay Strategy. As with any form of betting you should always only ever look for the value wagers. You may find very attractive parlay odds, sure. But, you still need to figure out whether the wager as a whole is worth it. If you bet on ten events to all finish in the way you predict, you’ll always see very attractive odds. Realize that the reason is that it’s highly unlikely you’ll get every single one correct. We have two basic pieces of advice when it comes to multiple bets. Keep the number of legs fairly low, and place a small stake. With the way parlay odds are calculated you can see from our example that the price offered for even just a three-leg bet turns out to be quite attractive. Taking into account the amount of risk incorrectly predicting the outcome of three games, a $10 total stake still gets you a nice profit. Even if you are doing this every week it is not much of an outlay towards having a little bit of fun on a Sunday during NFL season. Parlay Betting Choices. It really depends on the sportsbook or bookmaker you are using as to what sports you can bet on. But American sports and leagues all offer great opportunities to take advantage of parlay odds. There are enough NFL games on a Sunday during the season to form a parlay bet. MLB and NBA both have multiple games most days of the week. So, there is also a good chance to make some interesting picks there too. Some online sportsbooks may not allow betting on college sports involving schools from your state. However, both NCAA basketball and football also offer the chance to get some good value parlay odds for your betting. Parlay Odds Verdict. As you can see, for the casual or professional sports bettor, parlay betting and parlay odds can make the weekend’s sports schedules very interesting. For little outlay, you can turn a very healthy profit. As long as you realize that the parlay odds are bigger because there is a much smaller chance of the wager being successful, you can have a lot of fun with parlay bets. Read our sports betting terms article to find out more about different types of bets, such as moneyline and points betting.
Multiply Your Betting Odds: How to Use a Parlay Calculator? A parlay is a type of bet that puts together two or more individual bets for a higher payout. Since it is treated as one bet, none of the picks on your parlay can let you down. Even if one of your parlay picks loses, the entire parlay is gone. Parlays are highly popular among the bettors just because of the higher payouts. You can win hundreds of dollars with a couple of bucks stake when you land a 5-game parlay for example. However, the bigger payout brings along the greater risk. You will have a much higher chance of nailing a single straight bet than several picks at once in a parlay. What is a parlay calculator and how to use it? Just by reading the introduction part of this article, you may have an idea of what a parlay calculator is. It is a tool used to calculate the payout of your parlay. It is by no means a game-changing business software as all sports betting operators have been using it for ages. If you have ever placed a sports wager, you have practically used a parlay calculator in your bet slip. Usually, the sportsbooks automatically multiply the odds for your picks and you can see the possible payout in the bet slip. You can, of course, type in “parlay calculator” in your web browser and test the tool on various sites. You will just be asked to enter the stake and the odds, and you will instantly see the potential winnings amount. How can I calculate a parlay payout? You can do the parlay calculator’s job on your own as well. We will show you the math through an easy example, but let’s first go through the theoretical part. This is what you should do: Convert your American odds to decimal odds through one of numerous online odds converters Then multiply these decimal odds Then multiply the number you got (the multiplier) by your bet amount Finally, subtract your original stake and you have got the odds for your parlay. We know the theory is boring, so let’s get straight to the example. Let’s say that we want to back spreads for four different teams across four distinct professional sports in the United States. The spreads are paid at the -110 odds with most sportsbooks, in most cases. So, this is our parlay: Dallas Mavericks (-5.5) to beat Atlanta Hawks @ -110 Buffalo Bills (-6.0) to beat New York Giants @ -110 Tampa Bay Lightning (-1) to beat New York Rangers @ -110 New York Yankees (-1) to beat Los Angeles Dodgers @ -110. By applying the aforementioned theory, we should do the following: -110 American odds are equal to 1.91 decimal odds 1.91 x 1.91 x 1.91 x 1.91 = 13.30 13.30 – 1 = 12.30. Now that you’ve got the parlay calculator basics, you are ready to jump into today’s betting offer and find the best several picks for your parlay. Good luck!
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.
Aflac Incorporated (AFL) Previous Close 45.75 Open 45.87 Bid 45.36 x 1400 Ask 45.79 x 900 Day's Range 44.93 - 45.89 52 Week Range 23.07 - 53.35 Volume 4,541,515 Avg. Volume 3,907,469. Market Cap 31.472B Beta (5Y Monthly) 0.98 PE Ratio (TTM) 6.81 EPS (TTM) 6.67 Earnings Date Apr 27, 2021 - May 03, 2021 Forward Dividend & Yield 1.32 (2.90%) Ex-Dividend Date Feb 16, 2021 1y Target Est 45.50. Equifax (EFX) Picks Audrey Boone Tillman as Independent Director. Tillman's involvement is expected to benefit Equifax's (EFX) innovation strategies that involve investment in cloud data and technology, people and new products. Championing the next generation of change agents. Amber also works on another project close to her heart, supporting women entering Science, Technology, Engineering and Math fields. Aflac Incorporated to Present at the Bank of America Securities 2021 Insurance Conference. Aflac Incorporated (NYSE: AFL) announced today that it will present at the Bank of America Securities 2021 Insurance Conference. Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amos will represent the company with a presentation on February 11, 2021 at 8:00 a.m. ET. The Aflac Incorporated presentation will cover the company's most recently concluded year as well as its outlook and strategy in the U.S. and Japanese insurance markets. Aflac Inc (AFL) Q4 2020 Earnings Call Transcript. AFL earnings call for the period ending February 5, 2021. Aflac's (AFL) Q4 Earnings Surpass Estimates, Revenues Up Y/Y. Aflac's (AFL) fourth-quarter results indicate rise in revenues and strong performance at Japan segment, partly offset by high costs. Aflac (AFL) Q4 Earnings and Revenues Beat Estimates. Aflac (AFL) delivered earnings and revenue surprises of 2.88% and 6.96%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock? Незабываемое путешествие. Таких впечатлений у вас еще не было. Испытайте их в Саудовской Аравии. #WelcometoArabia. Aflac: Q4 Earnings Insights. Equifax Names Audrey Boone Tillman to Board of Directors. Equifax Inc. (NYSE: EFX) today announced that Audrey Boone Tillman, Executive Vice President and General Counsel at Aflac Incorporated (NYSE: AFL), has been elected to its board of directors. Aflac Incorporated Announces Fourth Quarter Results, Reports Fourth Quarter Net Earnings of $951 Million, Reiterates Increase in First Quarter Cash Dividend of 17.9% Aflac Incorporated (NYSE: AFL) today reported its fourth quarter results. Major Accolades Highlight Aflac's Commitment to Corporate Citizenship. Aflac Incorporated, a leading provider of supplemental insurance products through its subsidiaries in the U.S. and Japan, today announced it has received two major recognitions while making significant strides related to gender equality and LGBTQ initiatives. The company was named a World's Most Admired Company by Fortune Magazine for the 20th year and appears on Bloomberg's Gender-Equality Index for the second consecutive year. Aflac also saw a 15-point increase in the Human Rights Campaign Foundation's 2021 Corporate Equality Index score, reflecting the company's ongoing commitment to being a strong corporate citizen through its invigorated environmental, social and governance (ESG) program. Insurance Stock Earnings Roster for Feb 3: MET, ALL & More. Insurance companies are likely to have gained from improved pricing and lower auto claims, partly offset by high catastrophe claims. Aflac (AFL) Upgraded to Buy: Here's Why. Aflac (AFL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. Is Aflac (AFL) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. 3 Accident & Health Insurance Stocks to Watch Amid Soft Pricing. 3 Accident & Health Insurance Stocks to Watch Amid Soft Pricing. A Preview Of Aflac's Earnings. Is a Surprise Coming for Aflac (AFL) This Earnings Season? Aflac (AFL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. Aflac (AFL) to Report Q4 Earnings: Is a Beat in the Cards? Aflac's (AFL) Q4 earnings are likely to have taken a hit from lower premiums in its Japan and U.S segments. 10 Best Insurance Stocks To Buy Now. In this article we discuss the 10 best insurance stocks to buy now. We analyze the reasons why Warren Buffett loves insurance stocks, and why you should invest in the industry, in addition to talking about the top insurance stocks for 2021 and beyond. You can skip this discussion and read 5 Best Insurance Stocks […] Why I Just Bought More Trupanion Stock. Here's why I just bought more shares of pet medical insurance company Trupanion (NASDAQ: TRUP). My top reason for adding to my position in Trupanion is the growth opportunity for the pet medical insurance market. If Trupanion can achieve that penetration rate in the U.S. and Canada, its addressable market will be in the ballpark of $33 billion. RiseTech Announces that Tantalus Upsizes Offering to $10 Million. Secures an Additional $1.1 Million Through Second Closing of Previously Announced Subscription Receipt Offering. Vancouver, British Columbia--(Newsfile Corp. - January 22, 2021) - RiseTech Capital Corp. (TSXV: RTCC.P) ("RiseTech"), a "capital pool company" pursuant to Policy 2.4 - Capital Pool Companies ("Policy 2.4") of the TSX Venture Exchange (the "Exchange") is pleased to announce that Tantalus Systems Holding Inc. ("Tantalus") has closed the second tranche of its previously announced private placement (the "Offering") of subscription receipts (each a "Subscription Receipt"). The second tranche of the Offering includes . Discover Financial (DFS) Q4 Earnings Surpass, Improve Y/Y (Revised) Discover Financial's (DFS) fourth-quarter earnings gain from a strong performance by its Direct Banking segment. Top Financial Stocks for February 2021. These are the financial stocks with the best value, fastest growth, and most momentum for February 2021. Why Aflac (AFL) is Poised to Beat Earnings Estimates Again. Aflac (AFL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
NFL Global Sportsbook Odds. Spread · Money Line · 1st Half Page 1 · Page 2. 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 Global Odds. All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Global 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 on the NFL Global Odds. Ex. Bet $110 to win $100 (10% juice) Ex. Bet $100 to win $90.91 (10% juice) The Global bookmakers tend to offer adjusted numbers associated with each NFL point-spread and this can often be called as 'reduced juice' odds. Examples seen on the Global Odds pages could include -08 , -12 , -15 and -20 . Ex. Bet $108 to win $100 (8% juice) Ex. Bet $120 to win $100 (20% juice) Another number that’s posted on the NFL Global Odds 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 Global 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.
Sports betting insiders. Jim Feist has horse racing from Gulfstream Park and Tampa Bay Downs on Wednesday. 8-races of exotic and win/place wagers. Matt Blunt. Golf returns this Thursday from the Colonial Country Club. Don't miss Matt's Head-to-Head Matchups, Top 20 finish picks and Prop bets. Matt Fargo. The PGA Tour is back and Matt is geared up to knock out some winners! He gets things going this week from Fort Worth, Texas. Kevin Rogers. The Charles Schwab Challenge tees off on Thursday and Kevin is taking the green with his top 4 Head-to-Head matchup selections. NFL MLB NCAAB NHL NBA NCAAF Week 22 Westgate Superbook William Hill Game. (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.
Sports Betting Odds. Free Betting Odds. All Sports. Upcoming Events. (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.
Sports betting insiders. (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.
Sports Betting. On Super Sunday, one of the most enticing showdowns in Super Bowl history will transpire in between the confines of Raymond James Stadium between the defending champs in the Kansas City Chiefs and the Read more. Super Bowl LV Team Prop Bet Picks. Get down on Schwab's top Super Bowl prop bets from the "team" category. Get the top picks to cash in on >>> Check it out! Betting Previews. Sports Database. Sports Database: Research past team game results using variables such as versus opponent, home or away, grass or artificial turf, month, as a favorite or dog, point spread odds, by division and more! Start improving your bottom line today! CHECK IT OUT. Sports Betting Advice. Offshore Sportsbooks versus Corner Bookie We take a look at the advantages of placing your wagers at internet sports books versus laying your action with a corner bookie. High Betting Limits? Pinnacle Sportsbook's withdrawal from the US market left many big bettors looking for a reputable sportsbook to place their action. Betting Math - ROI Return on your money invested is one concept that many gamblers do not consider when they wager on sports. Sports Betting Primer To profit in sports wagering you need to follow strict money management rules. Beginners and novice bettors should not vary their wager size. How to Successfully Bet Parlays Betting on parlays can lead to big payouts, but it doesn’t come without risk. Learn how to you can increase your chances of cashing. How to Wager. If you are new to wagering online or sports gambling in general then you could probably benefit from reading our articles below. Learn why not all sportsbooks are the same and why you should choose a bookmaker that suits your style of wagering. Sports Predictors. Sportsbooks. 5Dimes Bet365 Betonline Bodog Bovada Pinnacle Sports. NFL Football Odds NCAA Football Odds NBA Basketball Odds NCAA Basketball Odds MLB Baseball Odds NHL Hockey Lines. Free Picks. NFL Predictions NCAAF Predictions NBA Predictions NCAAB Predictions MLB Predictions NHL Predictions. The handicapping and sports wagering information contained on this website is for entertainment purposes only. Please verify the gambling laws and regulations in your jurisdiction as they vary from state to state and country to country. Use of this information in contravention of any law is prohibited. In particular, citizens of Illinois, Indiana, Louisiana, Washington State, Oregon, Nevada, Montana and South Dakota should learn the various laws on online gaming, as laws in each state may relate to participants, advertisers or those involved in the business of gaming.
College Football Las Vegas Odds. Spread · Money Line · 1st Half Page 1 · Page 2. Where to Bet: WynnBET FanDuel BetMGM DraftKings Fox Bet Bet365 PointsBet Unibet BetRivers All. How to read College Football Las Vegas Odds. Similar to our Money Line and 1st Half Odds, every matchup is listed in order of Rotation and those numbers are preceded by the Date and Time of the College Football game. The rotation for college football games typically lists them by scheduled starting time, which can lead to some confusion since the number will remain the same even if the games wind up changing due to television networks often shifting around action to present more attractive matchups. Home teams are listed at the bottom and will therefore be your even-numbered squad. The numbers next to the teams are called Spreads or Point-Spreads . If there is no favorite or underdog, the line is called pick’em and is represented by (PK). Winner takes it. The amount of points a team is favored by is set by oddsmakers on Sunday afternoons and that figure fluctuates throughout the week based on the amount of money coming in on bets. Opposite from the spread you’ll find the Total , which represents what oddsmakers believe will be the combined number of points scored between the teams. That number also increases or decreases based on bets coming in on the Over or Under . How to Bet College Football Las Vegas Odds. The key to wagering successfully in college football spread betting is to decide early how many points you’re willing to lay with Favorites and to get in at the lowest possible spot. If you’re going to back the Underdog , make sure you’re getting the most points possible entering the game. The skill in this often requires you to forecast how a game will be wagered since we often see opening lines bet up over the course of the week due to the majority of the money coming in on the favorite. Of course, getting in too early can often backfire if a better number appears over the course of the week or if injuries that are typically not announced until coaches give status reports on Monday press conferences dramatically alter expectations. There’s also a big rush on betting action just before the kickoff of any game, which means you may be best off waiting until kickoff approaches to get the right number. Take the 2019 college football Big 12 matchup between Texas-West Virginia as a prime example. The Longhorns opened as an 11.5-point favorite and won 42-31 after the Mountaineers scored the game’s final touchdown with :48 left. West Virginia backers who got in early prevailed on that score, while Texas bettors who guessed wrong and got in too early caught a “bad beat.” Those who waited and laid only 10.5 points still cashed. Get in at the best number! College Football Opening Line. Opening Lines in college football are typically set on Sunday afternoons in the current week and you usually see immediate action cause line movement. The Spread is based on a rough projection of a score for every matchup, although oddsmakers have a good idea of what side the betting public will want to bet and usually saddles that team with an additional point or three. The same goes for the Total, which projects the combined number of points expected in a contest. These numbers are based on simulations that take a number of statistical factors into account in addition to baking in injuries, a homefield advantage that is typically worth three points and any other potential edges. Teams coming off bye weeks are usually given an edge thanks to increased preparation time and fresher bodies. Teams coming in on short rest or that have to travel out of their element typically find themselves penalized in a point spread. UCLA at Cincinnati (-4) In the above example, UCLA was made a four-point underdog against Cincinnati in the 2019 season opener for both. The betting public jumped on the team from the higher-regarded conference, perhaps believing that the West-Coast team heading more than halfway across the country was being penalized too harshly and the line closed at 2.5 points. Cincinnati prevailed 24-14. The opening line of 4 was accurate in calling for a larger margin of victory than the closing line, which is where the ‘opener’ ultimately ends up. VI Consensus College Football Line. The Total is also available on the VI Consensus line and similarly consists of the current betting line which most frequently among our list of Las Vegas and Global sportsbooks. For an example, in the most recent National Championship between LSU and Clemson , there was significant line fluctuation throughout the two-week lead up. LSU was laying 5.5 to 6 points in multiple locations as the favorite. The battle of Tigers ended with LSU blowing out Clemson 42-25, covering the spread handily.
College Football Odds, Betting Lines and Point Spreads. Compare College Football Odds, lines and point spreads from Vegas style sports books daily. Odds and lines explaintions for all of tonights games below. Check back during the season for odds, lines and point spreads. COLLEGE FOOTBALL POINT SPREADS EXPLAINED: While the NFL is the most wagered upon sport in North America, college football is the most exciting brand of football you can watch on TV. The passion these kids play with is second to none and the century old rivalries amongst some of college's elite programs makes that one game a season sometime mean so much more than a national title. Since Michigan is generally out of the CFP discussion by November, there game against Ohio State is the be all and end all of their season. Michigan wants to beat Ohio State so badly, that some of the fan base would be considered there season a success if that's the only marquee win on the schedule. If you don't know some of the history of college football, I suggest looking into it. If you are like everyone else who reads this piece and want to understand how to bet on the basic college football options, you can keep reading. If you are a little more seasoned, you can skip down to the advanced wagering options by clicking here. If you want to know how to lay a few bets down on the futures market, I suggest you click here. Betting on the Money Line in College Football. As a concept, this is the simplest wager you can make on any game in any sport. The money line betting option allows you to place a bet on the team you think is simply going to win the game. In college, this bet includes overtime. Unlike the NFL, college football games cannot end in a tie due to their overtime format. The money line betting odds correlate to the listed point spread. In this example, Alabama are the favorites and you must wager $450 dollars to turn a profit of $100. If you are a homer or love betting on the underdog, the Wildcats will return you $300 for every $100 you wager on them if they pull off the upset. Betting on the Point Spread. Regardless of if I am talking about the NFL, CFL, NCAA, Arena League or upcoming XFL, the point spread is the most popular wagering option for bettors who love to test football betting skills. The point spread is an indication of which team is the favorite and underdog heading into their matchup. When looking over betting options for the college football, you will come across lines that look like the following: Depending on which side you select, your team must "cover the spread" in order for your wager to be graded a winner. If you decided to wager on Alabama as -7.5-point favorites, they must win by eight or more points in order for wager to be graded as a winner. One thing to keep in mind when betting on the point spread is that the point spread moves up or down depending on how much action a certain side is receiving. If you are able to lock in your bet at -7.5 and the line goes down to -5.5, your ticket would only be a winner if your team won by eight or more points. If they won six or seven, they would have beat the closing spread of -5.5, but your odds are locked in from the time your ticket is printed or you click place bet. Betting Game Totals. Despite being classified as the same sport, NFL and college football totals are apples and oranges. In college, it's easy to spot the teams that play absolutely zero defense. The scores from their games are typically in the 70's/80's on a consistent basis. In the NFL, there were only a handful of games that games that reached those totals. College football is more receptive to the spread offense, which is why sportsbooks have no choice but to inflate totals to try and cover their own butts. Let's look at an example of a game total: Texas Tech Red Raiders/Oklahoma Sooners – "Over" 78.5 -110, "Under" 78.5 -110. If you bet the "over" 78.5, there must be a total of 79 points or more scored in the game in order for you to be a winner. If there are 78 or fewer points scored, then those who bet on the "under" will cash their tickets. If totals are whole numbers such as 78 or 80 and the total happens to land exactly on the number, your bet, regardless whether it's an "over" or "under" bet, will be graded as a push and your money will be returned to you. Advanced College Football Wagering Options. Advanced wagering options in college football are nearly identical to those of the NFL. The only thing you will not find in a sportsbook in relation to college football is the "First Touchdown Scorer or Anytime Touchdown Scorer" market. Below are some of the more popular wagering options. This works almost exactly like the game total, but revolves around one team instead of both. With the "team total" wagering option, you are essentially betting on whether you think Team X will score more or less than the line given out by the sportsbooks. Texas Tech Team Total: "Over" 35.5 -110, "Under" 35.5 -110. In this case you have two options. You can bet them to score 36 or more points or 35 or fewer. The decision is ultimately up to you. This bet also includes overtime, unless otherwise stated in the betting rules provided by your sportsbook of choice. First Half Spread. The "first half spread" betting option is a trickier form of betting the full-game point spread. This option takes into account the score at half time in order to determine a winner. The first half spread is usually half of what the full game spread is. Depending on what side you are on, the score going into half time is what is used to determine a winner. If the score is 31-21 in favor of Alabama, bettors holding an Alabama -3.5 1H ticket are winners since they were able to cover the -3.5- first-half spread. As I mentioned above, the first half point spread is typically half of what the full game line is. There are only a handful of sportsbooks that offer up player props in college football, but they are nowhere near as extensive as the NFL player props. Typically, there will be props offered on one or two superstars per team and the lines will typically be inflated depending on who is playing. Jalen Hurts: "Over" 18.5 completions -110, "Under" 18.5 completions -110 Nick Chubb: "Over" 74.5 rushing yards -110, "Under" 74.5 rushing yards -110 Calvin Ridley: "Over" 4.5 receptions -110, "Under" 4.5 receptions -110. For each of these three player prop options, each player must go "over" or "under" the posted line. If you think Hurts will complete at least 19 passes, you would take the "over". If you think Ridley will be held to four or fewer catches, you would bet the "under". A futures bet is a wager placed in the time leading up to the start of the event on a team or player that you believe is going to win their respective competition. Heading into the 2018/19 College Football season, the CFP futures odds look like this: In order for you to successfully cash your ticket, you must correctly choose the team that will hoist the CFP trophy at the conclusion of next year's College Football Playoffs. Team Win Totals. This is another popular type of futures bet amongst pro handicappers. The concept is straight forward. Every sportsbook will put out a "win total" for every team long before the season begins. Handicappers must simply decide whether they believe that team will exceed the posted win total or fall short of it. Alabama Crimson Tide Win Total: "Over" 11.5 wins -110, "Under" 11.5 wins -110. If Alabama wins at least 12 games, the "over" would cash. If they win 11 or fewer, the "under" would cash. Check back often as these Football Odds will be updatedevery 5 minutes Powered by OddsShark.
NCAA College Football Odds: Point Spread, Moneyline, Over/Under. With sportsbook going mainstream in the US, most people turn to major sports leagues like the NFL, NHL, and MLB for their gambling fix. However, betting on NCAA college football games is also gaining popularity among bettors and sports fans. After all, most bettors who try their luck on NFL sports betting place their stakes on NCAA Football as well. You can bet that the Texas A&M Aggies will win against the Arkansas Razorbacks during the SEC. But did you also know that you could make other kinds of bets too? PAC-12 QUARTERBACK BATTLE ODDS. Utah starting quarterback vs. Arizona. Oregon starting quarterback vs. Stanford. Washington starting quarterback at Cal. Colorado State starting quarterback vs Wyoming. — The above odds are for entertainment purposes only — HOW TO READ NCAA COLLEGE FOOTBALL ODDS. If you want to bet on NCAA college football, you should first know how to read sports betting odds. College football odds will usually look like this: Date and Time – Date and time of the game Rotation Number – teams are assigned standard rotation numbers used by all bookies. Rotation numbers list matchups in order. It also lets bettors make their wager without mentioning the game or the teams that are playing. This makes it easier for gamblers who are placing bets on land-based sportsbooks because they only have to refer to the rotation number(s). Team – Visiting Teams are always listed first, with home teams listed second. This information is useful for bettors since home teams have the advantage of their home court over visiting teams, so they almost always win. If Syracuse Orange is up against the Florida State Seminoles, the first team listed will be playing in the second team’s home court. American Odds. Odds can be listed in either fractional, decimal, or American odds. In the United States, the majority of sportsbooks use something called “American Odds.” This is used in all kinds of sports betting, from the NBA to even the UFC. American odds are characterized by negative and positive signs and numbers. Mainly, American odds show players how much money they can win versus how much money they bet, and which teams are favored to win. Note that American odds always use a standard amount of $100 to make gambling a lot easier to understand. Negative signs indicate that a team is favored to win, while positive signs indicate that the team is the underdog. However, do take note that sometimes there’s no favored or underdog team. When that happens, the groups are simply listed as EVEN or PICK. HOW TO CALCULATE NCAA COLLEGE FOOTBALL ODDS. – or negative odds also show how much you have to bet to win $100. The Memphis Tigers have odds of -150 in their matchup with the Cincinnati Bearcats. This means that they are the favored team to win the game. It also shows that you have to bet $150 to win $100. If you proceed with betting on the Memphis Tigers and win, you will get a total payout of $250. This means that bettor can win $300 if he bets $100 on the Louisville Cardinals. The total payout would be $400. Why are you getting bigger winnings by betting on +odds? It’s because they’re the underdog team, and in the bookmakers’ eyes, they’re most likely to lose. So, bookies devised this system for bettors to still gamble on the underdog by offering a substantial winning payout if they do. More risks, more rewards. However, sports gamblers can actually make bets of any amount they want! Although American odds use the standard of $100, beginners can always use odds calculators when placing and calculating wagers. HOW TO BET ON NCAA COLLEGE FOOTBALL ODDS. Moneyline. The moneyline is the simplest to understand and easiest to do in all of football betting. Basically, the moneyline lets you wager on which team you think will win the game. Sports gamblers can make moneyline bets during the regular season and even post-season or bowl games. In this example, the Buckeyes are the favored team, while Indiana Hoosiers are the underdog. For the underdog, betting $100 and winning the wager, can you get $140 in profit, with a total payout of $240. However, calculating the odds for the favored team is a bit more complicated. In this example, betting $100 on the favored team and winning the wager can get you a profit of $58.88. Obviously, the sportsbook will provide an odds calculator that will do the mathematics for you, and will help you understand the following: Bet $100 on Ohio State Buckeyes who have odds of -167 Bet = $100, Odds = 167 Ratio: Odds/100 = 167/100 = 1.67 Win: Bet/Ratio = 100/1.67 = $58.88! So yes, sportsbooks don’t put random numbers on the odds of every bet. They are carefully calculated by studying the factors that could lead to a game’s result. Again, betting on the underdog gets you higher winnings because it involves higher risk. Point Spreads. The Point Spread is a bet that’s popular not just with NCAA college football, but with all of sports betting. Essentially, point spreads are betting lines that give the underdog team an advantage. Instead of betting on the likely winner, sportsbooks will list a margin of points called the spread. For the winning team, these are a range of points they should exceed to win the bet and “cover the spread”. For the losing team, these are a margin of points they can lose by and still win the bet or cover the spread. Take, for example: Here, the spread is 6.5 points. The favored team, the Wake Forest Demon Deacons, must win by more than 6.5 points by the end of the game to cover the spread and win the bet. Meanwhile, the underdog team North Carolina Tarheels must lose by less than 6.5 points to cover the spread and win the bet. If they lose the game by 3 or 6 points, the bet is won! If they manage to even beat Wake Forest and win the game, you also win the bet! However, if they lose by 7 points to the Demon Deacons and fail to cover the spread, you lose the wager. Note that -110 simply means that if you bet $110 and won the wager, you’ll get $100 in profit. Over/Under or Totals. The Over/Under or Totals bet lets you wager on whether the game’s total amount of points will go “over” or “under” a certain amount. The sportsbook will set a total combined number of points they think both teams will score by the end of the game. Team Name Totals Penn State Nittany Lions O 60.5 Pittsburgh Panthers U 60.5. If you think that the game will end with more than 61 total points, then bet on “over” (O 60.5). But if you think that by the end of the game, the total points will be less than 60, choose “under” (U 60.5). Sports betting sites put half-points or a .5 in case a “push” happens. For example, a game between the Oregon Ducks and Arizona Wildcats resulted in a combined score of exactly 60 points. A push is when the total score doesn’t go over or under. When that happens, the bookie will have to refund your money. Parlay. Parlays are one of the riskier but fun types of college football betting. Essentially, bettors can merge multiple wagers into one ticket to get potentially higher winnings. In short, it’s putting multiple bets into one major wager. For you to win a parlay, all of your bets must also win. It’s an example of high risk, high reward type of gamble. For example, you want to bet on the moneyline between a matchup of the Oklahoma State Sooners and Iowa State Cyclones. But you also want to bet on the point spread for Clemson Tigers vs. Boston College Eagles, and Boise State Broncos vs. Air Force Falcons. Not to mention totals on Wisconsin Badgers vs. Michigan Wolverines and Georgia Bulldogs vs. Baylor Bears. You can combine all these wagers into one major bet. If you win every single one, you will also win the parlay! However, if you lose even one bet, you won’t be able to cash in your ticket. Futures. Futures bets are wagers on events that are yet to happen. Examples of these include wagering on who bettors think will win the National Championship, Playoffs, or even the Heisman Trophy. Futures odds will look a bit different compared to other college football odds: The higher the team’s chances of winning, the shorter the odds. In the table above, Alabama Crimson Tide has a higher chance of winning the National Championship than the LSU Tigers and USC Trojans. However, the payoff is enormous when you bet on the USC Trojans, and they manage to recover from their slump and win the championships. Betting $100 can give you a shot at a $20,500 win!
College sports betting line. The non-Super Bowl betting guide: College basketball, UFC and more weekend picks from across The Athletic. There have been a lot of Super Bowl betting columns this week — but not everybody loves football. So we hopped from section to section here at The Athletic and asked our writers and podcasters for their picks on non-(American) football action for this weekend. We have some UFC, Serie A, a little golf on the way — a smorgasbord of picks from the people who know the leagues and teams better than anyone. Their author pages are linked below, so if you like what you read, give them a follow! And the individual betting links will take you to a slip already filled out, with a $600 bet special for first-timers at BetMGM. One important note: we’ll be adding to these picks as odds come in and refresh over the weekend (NBA and NHL, for instance, won’t have Sunday odds until late Saturday night), so check back as this file grows! NCAA Hoops (Men’s) Writer: Seth Davis Pick: St. Louis (- 3 1/2) Here’s why: Not many programs have been hurt worse by the pandemic than Saint Louis. The Billikens won their first six games and cracked the Top 25, but then they went 34 days between games and dropped two straight to Dayton and La Salle. It won’t be easy rediscovering their mojo against a St. Bonaventure squad that has won seven straight games, with five of those wins by 14 or more points, but necessity is the mother of invention, and I have a hunch the Billikens have had enough time to get their legs back. Read Seth’s full college basketball picks column here. Writer: Zac Jackson Pick: Youngstown State/Robert Morris UNDER 145.5 Here’s why: Who doesn’t love Horizon League basketball? A night after these regional rivals played an overtime game, look for another close and competitive affair — this one decided in regulation and staying under the total. Neither team plays especially fast, and Youngstown State shot an uncharacteristic 9-of-14 from beyond the 3-point arc in its OT win Friday. Look for a return to usual (and ugly) shooting numbers for the Penguins, who are shooting 30 percent from beyond the arc in league play. The less-than-explosive Bulldogs haven’t even totaled 100 points in their last two road games. Even against South Carolina’s porous defense, buckets won’t come easy. Look for a competitive game — and for the first team to 68 to win. Zac’s Pick #3: Notre Dame plus 3.5 at Georgia Tech 8pm Here’s why: The Irish started 0-5 in ACC play but have won four of five since. Coach Mike Brey has a veteran roster and a stable of shooters who should get plenty of open looks against Georgia Tech’s shaky perimeter defense. Notre Dame’s turnaround has been sparked by defensive improvement, and the Irish catch a Georgia Tech team that’s in a bit of an offensive slump. Writer: Kevin Kurz Pick: Penguins/Islanders Over 5.5 Here’s why: It’s a matchup of two fairly disappointing teams so far this season, particularly the Islanders, who are winless in their last five (0-3-2). But New York returns home in this one where it is 2-0, and should be well rested after two games against the Sabres this week were rescheduled due to COVID-19. The Penguins still have an injury-depleted blue line, and although they could get some bodies back for Saturday’s game, I still like the over here. I believe this could be a higher-scoring game than what the light-scoring Islanders, in particular, are used to. Kevin Kurz Pick #2: Flames (-125) Here’s why: The Oilers got to beat up on the Senators in their last two, but now they’ll have to visit the Saddledome for the the first Battle of Alberta this season. The Flames need a win after dropping two straight to the Jets, and there’s nothing like a matchup with their biggest rival to get their juices flowing. While Connor McDavid (17 points in his last 6 games) and Leon Draisaitl (15 points in his last 6 games) have been other-worldly of late, I’ll take the Flames and goalie Jacob Markstrom (2.27 GAA, .920 SP) to get the job done at home. Serie A. Writer: Martino Puccio Pick: AC Milan/Lazio moneyline parlay -150 Here’s why: Lazio and AC Milan are two teams that will have a very difficult month coming up — and, as we know, you don’t win titles by beating the lesser sides, but you can lose titles to them. Milan face the worst defense in all of Serie A in Crotone, they welcome back Hakan Çalhanoğlu and Ismaël Bennacer (UPDATE: Bennacer is out with Bronchitis) who are their two best midfielders; they should create plenty like the first matchup and win. As for Lazio they are in top form and resemble their play from last season that got them a Top 4 finish. Ciro Immobile leads this attack that should put a Cagliari side that hasn’t won since November 7th. It’ll settle at -150 but this feels safer than that for this weekend. Stay tuned for more… (Top photo: Josh Hedges/Zuffa LLC via Getty Images; The Athletic may receive an affiliate commission if you open an account with BetMGM through links contained in the above article.)
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Ryder System, Inc. (R) Previous Close 67.57 Open 68.36 Bid 65.59 x 800 Ask 69.69 x 800 Day's Range 67.17 - 68.73 52 Week Range 22.62 - 69.95 Volume 229,868 Avg. Volume 418,303. Market Cap 3.624B Beta (5Y Monthly) 2.00 PE Ratio (TTM) N/A EPS (TTM) -3.86 Earnings Date Feb 11, 2021 Forward Dividend & Yield 2.24 (3.47%) Ex-Dividend Date Nov 20, 2020 1y Target Est 72.67. Ryder Declares Quarterly Cash Dividend. The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, today declared a regular quarterly cash dividend of $0.56 per share of common stock, to be paid on March 19, 2021 to shareholders of record on February 16, 2021 . Незабываемое путешествие. Таких впечатлений у вас еще не было. Испытайте их в Саудовской Аравии. #WelcometoArabia. Scott+Scott Attorneys at Law LLP Investigates Ryder System, Inc.’s Directors and Officers for Breach of Fiduciary Duties – R. Scott+Scott Attorneys at Law LLP Investigates Ryder System, Inc.’s Directors and Officers for Breach of Fiduciary Duties – R. COOP by Ryder® Expands Service to Tennessee. COOP by Ryder®, the leading truck and trailer sharing platform that connects fleet owners with idle vehicles to trusted businesses in need of rental vehicles, today announced expansion into the Tennessee market, allowing vehicle owners and businesses in the state to utilize the platform. COOP is also expanding to North Carolina and California and the announcement comes on the heels of the program’s successful rollout in Georgia, Florida, and Texas. COOP by Ryder® Expands Service to North Carolina. COOP by Ryder®, the leading truck and trailer sharing platform that connects fleet owners with idle vehicles to trusted businesses in need of rental vehicles, today announced expansion of the platform to North Carolina, allowing vehicle owners in the state to utilize the platform. The expansion also includes Tennessee and California and the announcement comes on the heels of the program’s successful rollout in Georgia, Florida, and Texas. COOP by Ryder® Expands Service to California. COOP by Ryder®, the leading truck and trailer sharing platform that connects fleet owners with idle vehicles to trusted businesses in need of rental vehicles, today announced expansion of the platform to California, allowing vehicle owners in the state to utilize the platform. The expansion also includes Tennessee and North Carolina and the announcement comes on the heels of the program’s successful rollout in Georgia, Florida, and Texas. Ryder to Pay Employees to Get COVID-19 Vaccination. Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and fleet management solutions, today announces the company will pay up to six hours of paid time off (PTO) to Ryder employees to receive the COVID-19 vaccine. This will include three hours of PTO for the first vaccine and an additional three hours of PTO for those treatments that require a second dose to complete the vaccination process. COOP by Ryder ® Expands Service and Insurance to New Markets. COOP by Ryder ®, the leading truck and trailer sharing platform that connects fleet owners with idle vehicles to trusted businesses in need of rental vehicles, today announced expansion to three new markets: California, Tennessee, and North Carolina. The expansion strengthens COOP’s footprint and further advances its position across the United States, after successfully rolling out the program in Georgia, Florida, and Texas. 3 Transport Equipment & Leasing Stocks to Gain From Uptick in Volumes. 3 Transport Equipment & Leasing Stocks to Gain From Uptick in Volumes. Ryder Named One of "America’s Most Responsible Companies" in 2021 by Newsweek. Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, has been named by Newsweek to its annual list of "America’s Most Responsible Companies" for 2021. For the second consecutive year of the list, Ryder is being recognized for its ongoing commitment to corporate social responsibility (CSR) efforts related to its environment, social, and corporate governance (ESG) initiatives. Ryder Fourth Quarter 2020 Earnings Conference Call Scheduled for February 11, 2021. Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, today provided details regarding its earnings conference call scheduled for February 11, 2021 at 11:00 a.m. Eastern Time. During the call, management will review fourth quarter 2020 results. The call will be webcast over the internet. Here's Why Allegiant (ALGT) Soars 55.4% in the Past 90 Days. Low fuel costs and better air-travel demand for leisure bode well for the Allegiant (ALGT) stock. Delta (DAL) Hopes for Positive Cash Flow by Spring 2021. With Delta's (DAL) cash burn improving gradually, the company's CEO Ed Bastian is hopeful of achieving positive cash flow by this spring. Should Value Investors Buy Ryder (R) Stock? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. CSX Stock Rises More Than 24% in a Year's Time: Here's Why. CSX is buoyed by its commitment to reward shareholders. The gradual recovery in volumes is an added positive. Does Ryder System's (NYSE:R) Returns On Capital Reflect Well On The Business? When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in. Here's Why Ryder (R) Stock Should be Present in Your Portfolio. Cost-cutting measures bode well for Ryder System (R). Zacks Value Trader Highlights: OneWater, MarineMax, Ryder System, Amkor and Stewart Information. Zacks Value Trader Highlights: OneWater, MarineMax, Ryder System, Amkor and Stewart Information. Sandfire Resources America Inc. Closes Rights Offering. Ryder System CEO on awarding $30M in bonuses to its front-line workers. Transportation and logistics company Ryder is awarding $30 million in bonuses to its front-line workers. Ryder System CEO Robert Sanchez joins Yahoo Finance Live to discuss why the company is giving out millions in bonuses and break down how the company is faring amid the pandemic. Where Do Hedge Funds Stand On Ryder System, Inc. (R)? In this article we will analyze whether Ryder System, Inc. (NYSE:R) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their lead […] Ryder Donates $800,000 to United Way in Virtual Workplace Campaign. Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, is proud to announce the company’s annual United Way workplace campaign contributions for 2020 totaled more than $800,000, in line with its annual campaign goal. How A Legacy Logistics Company Moved To The Front Of The Freight-tech Line. Ryder Honored for Greening the Supply Chain. Ryder recognized as a select standout among honorees for the 2020 Green Supply Chain Award from Supply & Demand Chain Executive magazine.
Something New. Final Betting Odds For Royal Rumble Matches Revealed. The final betting odds are here for the Royal Rumble matches. We are now just hours away from what should be a thrilling Royal Rumble event. Barring any late additions to the card, Royal Rumble 2021 will consist of six matches, the men's and women's Royal Rumble bouts plus four championship showdowns. Let's take a look at the final betting odds for Royal Rumble 2021, via BetOnline. Roman Reigns and Kevin Owens will face off in a Last Man Standing match for the Universal Championship, more than a month after their thrilling showdown at the TLC pay-per-view. No odds were given for the Sasha Banks-Carmella SmackDown Women's Championship match, which was only added to the card on Friday. This Will Be A Thrilling Show. The Royal Rumble is always thrilling as it marks the beginning of the road to WrestleMania . This year's show should be especially exciting given the strong match card, and the possibility that we'll have several surprise entries (Rousey, Lynch and/or Lesnar, perhaps?).
Best The X Factor Betting Sites. The world of reality television is littered with all sorts of different competitions. Several of the most popular reality TV options happen to be music competitions. American Idol essentially paved the way for the entire industry when it hit American TV airwaves back in the early 2000s. Since then, a number of other similar shows have popped up. The X Factor is one of them. The show originated in the United Kingdom back in 2004 with noted record producer Simon Cowell at the helm. The show was created while Cowell was still one of the judges on the hit reality show American Idol , and it has since launched in a number of other countries, including the United States and has grown in popularity ever since. Because it was canceled by Fox, a new season of the show hasn’t aired in the US since 2014. Still, it remains one of the most popular shows on TV in the UK. The X Factor is also a very popular entertainment betting option all over the world. All of the top sites in the online betting industry offer all sorts of different types of bets on the show. You can find X Factor odds at the entertainment betting sites listed below: What Makes Good X Factor Betting Sites? Mobile Compatibility. Betting online is all about convenience. That’s why one of the most important aspects of your X Factor online betting sites of choice should be mobile compatibility. Using a site for X Factor betting online that allows you to easily place bets from your mobile phone or tablet will only enhance your overall experience. Most top entertainment betting sites nowadays will even offer a corresponding mobile app that you can download right to your device. Attractive Bonuses. Real money X Factor betting sites will attempt to attract your business by offering certain types of bonuses that can help you rapidly inflate your betting bankroll. The most common type is a first-time deposit bonus, which means the site will offer to match your first deposit up to a certain percentage. Different online X Factor betting sites offer different types of bonuses, so be sure to read up on all necessary information before deciding where to put your money. The X Factor betting sites will also offer reload bonuses for those that wind up depositing more than once on a given site. It isn’t a coincidence that the sites with the best X Factor odds are also those that give users the most favorable bonuses you’ll find anywhere in the industry. Taking advantage of bonus offers is a great way to get more bang for your buck when depositing. Banking Options. While most people will deposit and withdraw using a credit or debit card, there are restrictions on such transactions in certain parts of the world. Not every bank will allow customers to make financial transactions with known betting entities. So, finding a site for betting on The X Factor that offers an array of different banking options is a must. Below is a list of common banking methods offered at top online X Factor betting sites. Having alternatives to credit or debit cards like cryptocurrency or an e-wallet can help streamline the entire X Factor online betting process. Other Entertainment Betting Online Options. While X Factor is still hugely popular in certain parts of the world, it’s far from the only entertainment betting option out there. If it’s on TV, there’s a good chance you can find odds on it somewhere. Entertainment betting grows in popularity with each passing year. In addition to X Factor, you can also bet on other options like the Emmy Awards , American Idol , and The Masked Singer . When Can You Bet on The X Factor? While there will not be a new season of X Factor in the UK in 2021, those in charge of the show do plan on bringing it back in the future. In most years, new seasons begin in September and run through December. While the contestants on the show are largely unknown to the general public at the time each season begins, oddsmakers still try their best to accurately handicap the field. In most years, you can find X Factor betting odds starting around a month before the new season begins. Perhaps you can find the list of contestants and look them up on YouTube in an attempt to gain some knowledge as to the caliber of those vying for the ultimate prize. You can place your bets on who will eventually win over the course of the entire season at sites for X Factor betting online. Of course, The X Factor betting odds for each contestant will change with each passing week as more and more singers are eliminated, so getting your bets in early is probably the best route to finding upside in the betting odds. How to Bet Real Money on The X Factor Online. 1. Find Safe and Reputable Entertainment Betting Sites. Using a few of the tips listed above, you should be able to find where to bet on The X Factor online. Once you have settled on that site, the sign-up process is incredibly easy. Navigate your way to the site’s “Sign Up” tab, which should be easily visible at the top of the homepage. After that, you enter some necessary personal information (username and password, etc.) and you’re almost done! 2. Deposit Funds and Collect Your Bonus. Depositing your money isn’t the most fun part of the process, but it’s obviously a necessary one. Using your preferred banking method, enter the amount of money you want to deposit into your online banking account. Then, type in the promo code associated with your sign-up bonus. Once you’ve submitted everything, your new balance should show up in your account right away. 3. Bet on X Factor Online. Now that you’ve found where to bet on The X Factor online, it’s time to actually place your real money X Factor bets. Find your site’s entertainment betting section and scroll down until you find their X Factor betting odds. Sift through the list of options before finding the bet you want to place. Then, enter the amount you want to risk. Remember, you never want to wager more money than you’re okay with losing. Double-check everything to make sure it’s all correct, and you’re all set! The X Factor Betting Strategy. The most popular way to bet on X Factor online is to try and pick the eventual winner at season’s end. Obviously, the easiest approach to take is to bet on the contestant that you think is the best singer. The show typically follows a similar formula with each season. There are obvious standouts on the show that will continue to improve their performance with each passing week. Oddsmakers typically base their numbers on public perception . That means those that become popular with fans will see their odds improve, while those that haven’t garnered as much media attention will face longer odds to win. Trying to predict how any contestant will fare over the course of a long season is inherently difficult, but it’s also a way to potentially gain an edge against the house. Oddsmakers typically aren’t putting in quite as much effort when it comes to X Factor odds as they will in more popular sports like soccer or football. If you time your bets well, you can potentially get them in before oddsmakers are able to adjust . Betting early in the season is also when you’ll find the most advantageous odds from a value perspective. The X Factor Betting FAQ. For example, one contestant might be a heavy favorite to win at one site, but another site hasn't yet updated their odds accordingly. Shopping for lines at different sites is what separates good bettors from great bettors.
Super Bowl 2021 national anthem prop odds: Top NFL expert locks in pick on length of 'Star-Spangled Banner' Jazmine Sullivan and Eric Church will kick off Super Bowl festivities, and here's the prop play on over/under. Oddsmakers set a length for the Super Bowl national anthem -- this year the number is typically around two minutes -- and bettors can decide whether they think the singer will finish their final note over or under that number. For example, if someone had been able to take Under 2 minutes last year, that person would have cashed when Demi Lovato clocked in at 1 minute, 49 seconds. But before you lock in your pick for the 2021 Super Bowl national anthem, you need to hear what SportsLine NFL expert R.J. White has to say. CBS Sports' Fantasy and gambling editor, White enters Super Bowl 55 as SportsLine's No. 1 NFL expert, delivering an 80-58 run on all NFL picks that has returned more than $1,500 during that span. His success is no surprise, as White has cashed huge twice in the world's most prestigious football handicapping competition, the Las Vegas SuperContest. White's top five prop picks for the actual game are included in SportsLine's 30 best prop bets (check out the 30 best prop bets from SportsLine's experts for Super Bowl LV), but he's also found an edge in the national anthem prop bet that you have to see over at SportsLine. But first, here are a few things to consider on each side of the prop. Why the Under makes sense. The Under has come in on the anthem in three of the last four years, with only Gladys Knight's rendition in 2019 soaring Over the number of 1:47 (though that was not without controversy after she sang the final word multiple times). This year's line is also the highest its been since at least Super Bowl 52, when Pink's line was set right at 2 minutes. Part of the research that goes into making a Super Bowl national anthem prop pick is finding clips of the relevant artist delivering the anthem at other events, and while there isn't much out there to help bettors land on one side with Eric Church, Jazmine Sullivan has sung the anthem at well under 2 minutes before. Why the Over makes sense. While the Under has been the right side over the last few years, typically the final number comes in at 2 minutes or longer on gameday. We saw a run of five straight Super Bowl national anthems top 2 minutes from 2013-17, and the aforementioned Knight rendition made it just over the 2-minute mark as well. This is also the first duet during the national anthem since Super Bowl 40, which at the time clocked in as tied for the second-longest rendition in Super Bowl history at 2:09. Since that Aretha Franklin-Aaron Neville team-up, artists such as Alicia Keys and Lady Gaga have topped that mark in solo performances. How to make 2021 Super Bowl national anthem picks. So which side of the anthem prop is White picking? And what X-factor has he factored into his calculation? Visit SportsLine now to see his Super Bowl national anthem prop pick and analysis, and find out.
The Updated Betting Odds for WWE Royal Rumble 2021. Bovada has updated us with the latest betting odds for this Sunday’s Royal Rumble PPV event. As you can see, the bookmakers favorites have changed drastically in the last two months. It was originally Big E and Edge for the men’s Rumble, and Rhea Ripley closely followed by Ronda Rousey for the women’s. As the event draws near, the odds have drastically shifted away from these picks. For the men’s, Daniel Bryan is the new favorite, Keith Lee second, and Brock Lesnar third despite no announcement of his return. Big E & Edge have since fallen behind. If Brock Lesnar were to return and win, it would set up a WrestleMania rematch with either Drew McIntyre or Goldberg. On the women’s side, Bianca Belair has shot up in to first place, along with Alexa Bliss in second. Rhea Ripley remains a cosy third, but Ronda Rousey has fallen out of favor. The odds have also shifted for the WWE Championship match. It was reported Goldberg was the favorite, but has since changed to Drew McIntyre, showing that bookmakers believe Brock Lesnar will return to reclaim the title from the man who took it from him. Would Paul Heyman return to his side while aligned with Roman Reigns? Speaking of which, the “Head Of The Table” remains the overwhelming favorite for his Universal title match with Kevin Owens. Aside from this, there are some interesting names included in the list for various reasons: The Rock, CM Punk, Vince McMahon, Stephanie McMahon, Paige, Kairi Sane: The Rock has been mentioned lately as a possible challenger for Roman Reigns at WrestleMania, but there is no indication of his return. CM Punk is still being penciled in for making his shock return years after his big falling out with WWE; which is very unlikely. Also, the chances of Vince McMahon, Stephanie McMahon, or Paige (her neck injury forced her to retire and has since fallen out of favor with management since mentioning unionization) returning to the ring is exceptionally low. Kairi Sane is currently working as an ambassador, so it is not likely she would return, although it’s definitely more possible than the others. Tyson Fury, Conor McGregor, Dean Ambrose, Rusev, Erick Rowan, Sarah Logan, Deonna Purrazzo, Zelina Vega. Tyson Fury is possible because he loves some time in the spotlight, but it’s unlikely he would randomly appear in a Rumble unannounced. The same goes for Conor McGregor, especially so soon after losing his title. Dean Ambrose (Jon Moxley) and Rusev (Miro) are currently in All Elite Wrestling, where Ambrose is a former World Champion. Rowan recently appeared on AEW’s Brodie Lee tribute show, so is unlikely to show up in WWE again soon. Sarah Logan is on an indefinite hiatus as her and husband Erik (of The Viking Raiders) had a kid in July. Deonna Purrazzo is the current Impact Wrestling Knockout’s Champion, so that’s definitely not happening. Zelina Vega was let go from the company after making an OnlyFans account, which WWE said goes against her contract. So most of these names are super unlikely, and you shouldn’t be able to place bets on them.
Mathematics 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:
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The ball spins without knowing any laws or statistics!
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.
nfl Trends. Kansas City. Kansas City is 5-0 SU in its last 5 games on the road Kansas City is 12-1 SU in its last 13 games. Tampa Bay. Tampa Bay is 5-0 SU in its last 5 games Tampa Bay is 5-1 ATS in its last 6 games when playing Kansas City. BEST SPORTSBOOK BONUSES. Stop wasting money! Stop laying -110 odds; start laying only -105 on sides and totals at BAS YES! There are still online sportsbooks where your credit card will work! You get a 50% bonus as well! -->Bovada Deposit $100 to $1000 and get a MASSIVE 50% Sign-on bonus! MyBookie. Sportsbooks. 5Dimes Bet365 Betonline Bodog Bovada Pinnacle Sports. NFL Football Odds NCAA Football Odds NBA Basketball Odds NCAA Basketball Odds MLB Baseball Odds NHL Hockey Lines. Free Picks. NFL Predictions NCAAF Predictions NBA Predictions NCAAB Predictions MLB Predictions NHL Predictions. The handicapping and sports wagering information contained on this website is for entertainment purposes only. Please verify the gambling laws and regulations in your jurisdiction as they vary from state to state and country to country. Use of this information in contravention of any law is prohibited. In particular, citizens of Illinois, Indiana, Louisiana, Washington State, Oregon, Nevada, Montana and South Dakota should learn the various laws on online gaming, as laws in each state may relate to participants, advertisers or those involved in the business of gaming.
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".
Legal Sports Betting Is Bigger than Ever -- But COVID Could Hurt Bets on the Big Game. Sports betting is more popular, and legal, than ever, and one of biggest draws for bettors every year is wagering on the Big Game. But, like everything else right now, COVID-19 is having an impact on football betting this year. In the video below, we'll take a closer look at why wagers on Sunday's game will likely be lower than usual, and how online sports betting -- fueled by companies like DraftKings (NASDAQ: DKNG) -- are scratching an itch for those wanting to place bets during socially distant times. Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Video: How these investors view the recent Big Tech bounce (CNBC)
MarketWatch Site Logo A link that brings you back to the homepage. Account Settings Log In Sign Up. 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. Read Next. Read Next. Walt Disney Co. has managed to adroitly navigate the pandemic despite being hamstrung by shuttered amusement parks and an indefinite pause in live-action productions.
7 States to Watch for Sports Betting Legalization in 2021. Lev Radin/Pacific Press/LightRocket via Getty Images. Pictured: Andrew Cuomo and a New York Islanders hat. Virginia and Washington legalized sports betting bills in 2020 while Maryland, Louisiana and South Dakota approved ballot measures that could bring legal wagering as early as 2021. Heading into the new year, at least a dozen states are expected to take up sports betting legislation — some with existing retail betting with eyes on online expansion, and others with no sports gambling at all yet. Here are seven states to watch in 2021: New York: Sports betting is already legal in New York but only at retail sportsbooks, which have combined for only a few million dollars in revenue since wagering began last year. Legalizing statewide mobile wagering could help position New York as the nation’s most lucrative market. Home to the nation’s largest metro area and fourth-largest population overall, New York will, once again, be a major focal point for legalization efforts in 2021. Statewide mobile legislation has faltered in the legislature each of the past two years, but facing a multibillion-dollar budget shortfall, elected officials may finally have enough political momentum to pass an online betting bill. Connecticut: Connecticut may be the most likely state to approve legal betting, with some lawmakers already claiming it’s all but a done deal. The state’s two casinos already have sports betting deals in place ahead of a possible legislation effort and it appears politicians and gaming stakeholders are on the same page for what a potential legal market would look like. As officials seem closer than ever to a deal, the biggest question may be the number of operators allowed to enter the state. Foxwoods and the Mohegan Sun casinos may be content to only allow one mobile sportsbook apiece, but this could shut out many of the nation’s top sports betting brands and hinder the market’s revenue potential. Massachusetts: It seemed Massachusetts would join Rhode Island and New Hampshire this year among the ranks of New England states with legal betting, but legislation fell short again in 2020. Republican Gov. Charlie Baker and the Democratic-controlled legislature are both on board, but there are still key details that have not been resolved. Among those is the legalization of betting on college sports, which has been opposed by the state’s Division I universities. Additionally, Massachusetts casinos may also try to limit operators to themselves. Support remains for legal wagering, but until these key issues are resolved, it could be another lost year for legal betting. Ohio: Ohio was another state that entered 2020 with seemingly strong odds for legal sports betting. A bill passed the House in May, but was never taken up by the Senate, which also failed to advance a sports betting bill of its own. Elected officials are again supportive of legalization efforts, but key questions such as how many licenses will be available and which body will regulate potential sportsbooks need to be answered. What is known is that statewide mobile wagering will be legal in neighboring Michigan, Indiana, Pennsylvania and West Virginia once the 2021 session begins. Missouri: Three sports betting bills have already been filed for the 2021 session, coming off a 2020 session when multiple proposals were also introduced. Sports betting hopes were dashed when the COVID-19 pandemic curtailed this year’s legislative session but baring another unforeseen development, it appears legalization will be another topic of conversation in the statehouse. As with all other states, officials will still have to agree on key issues such as tax rates. But with Republicans in the GOP-dominated legislature already onboard, it appears there’s a good chance some sort of retail and mobile betting options will be approved in Missouri next year. Arizona: Though statewide mobile betting may not be imminent, Arizona could be another state with legal wagering as early as 2021. The state’s Native American casino operators and elected officials have floated a tribal-only path to legalization in recent years and indications are another legislative proposal is in the works. A retail-only market would mean less revenue for operators and state coffers, but it could be the easiest path to any legal betting options in Arizona. A successful brick-and-mortar market could spark interest in online options down the road in a state with a growing population and a franchise in all four major professional U.S. sports leagues. Texas: Arguably the longest odds of any state in this group, Texas has shown signs that legal sports betting could be a possibility. Casino companies such as Las Vegas Sands have already hired lobbyists ahead of the 2021 session to push for the state’s first commercial casinos and there could be more interest than ever in Austin as Texas faces a budget shortfall of its own. While sports betting faces steep political headwinds in a state without many existing gaming options, it will remain an intriguing possibility in the nation’s second-most populated state.
Legalizing sports betting back for study. COLUMBUS — The on-again, off-again drive to legalize sports betting in Ohio that hit a brick wall in late 2020 is making a comeback. The Ohio Senate will soon begin hearings by a committee into the pros and cons of legalizing gambling on professional and college sports. Rep. Brigid Kelly, D- Cincinnati, was a co-sponsor of the plan that passed the Ohio House of Representatives late last year. The legislative session ended in December without it going to the Senate floor for a vote. She is optimistic it has a chance to pass in the new legislative session. “If folks want to engage in sports betting they should be able to do it right here in a way that is safe for consumers and ultimately will benefit the kids throughout the state of Ohio,” Kelly said. Her bill would have set aside funding for kids’ extracurricular activities in schools. Kelly noted that the state of Indiana opened sports betting in late 2019. Before COVID hit and casinos were shut down for a time it was bringing in about $1 million a month in new tax revenues. And other states are adopting it too. “We are being left behind. Everyone around us is passing sports betting and capitalizing on the opportunity for folks to play and those are resources that we can reinvest instead of Ohioans being forced to cross state borders and spend their money in other places,” Kelly said. The newly created Senate Select Committee on Gaming will be chaired by Sen. Kirk Schuring, R-Canton. " I think it can be do it in a fair and equitable way but what that is going to look like, I can’t say because we need to let the process work,” Schuring said.
