Online Sportsbooks Report Spike In NFL Wagers

Online Sportsbooks Report Spike In NFL Wagers

The NFL is the most bet on sport for any sports bettor. Dramatic increases in wagers were seen for Week 1 in the NFL. Sportsbooks would not divulge exact numbers, but the popularity for sports betting has clearly exploded. NEW YORK – Both FanDuel and DraftKings reported better opening NFL season numbers than last year’s … Read more

PointsBet Pays Big On Ravens Victory, Hopes For Week 2 Rebuttal

PointsBet Pays Big On Ravens Victory

PointsBet is a licensed sportsbook under the Meadowlands Racetrack brand. Their style of wagering allows bettors to multiply their risk by each point over the spread. But if caught on the opposite side, bettors are forced to pay a multiple with each losing point. EAST RUTHERFORD, N.J. – The Australian bookmaker known as PointsBet had … Read more

New Jersey Has Rolled Out Their BetMGM App

BetMGM

BetMGM is a new and improved version of PlayMGM that New Jersey has launched. The new app will encompass all gambling; casino style and sports betting. Mobile wagering is the most popular form of placing bets on sporting events. JERSEY CITY, N.J. – The BetMGM app that is now available to the residents of New … Read more

US Mobile Sports Betting Is A Multi-Million Dollar Industry

Mobile Sports Betting

In their first year of legalized sports betting, New Jersey residents bet $3.2 million on sporting events and $2.4 million of those wagers came from their internet/mobile platforms. June 2019 showed that 83% of all sports wagers done in the state of New Jersey were done online while only 17% occurred at sports betting locations. … Read more

Parallels Between The Legal Sports Betting, Marijuana, And Alcohol Industries

The Legal Sports Betting, Marijuana, And Alcohol Industries

Legal sports betting is now offered in 13 states and 17 states in total have legalized the activity since the repeal of PASPA. There are a total of 10 states that have legalized recreational marijuana and 33 that have legalized the drug for medical use. The market value of alcoholic drinks is expected to reach … Read more

Finding The Best Betting Lines In A Sea Of Legal Sportsbooks

A Sea Of Legal Sportsbooks

With sportsbooks having different suppliers and operators, betting lines won’t be the same at every sportsbook. Because sportsbooks are open to varying tax rates from their state government, they may pass this onto the gamblers. Offshore sportsbooks help in finding betting odds that are more reasonable when local matchups are happening. TALLAHASSEE, Fla. – Now … Read more

William Hill Settles Lawsuit Against FanDuel, Donates $50,000 To Rutgers

William Hill Settles Lawsuit Against FanDuel

William Hill sued FanDuel in 2018. The suit, filed in federal court, was settled in February. William Hill has now donated $50,000 of the settlement to Rutgers University – Newark. ATLANTIC CITY, N.J. – Lawmakers have long feared that expanded sports betting would lead to integrity issues. And in the case of two major US … Read more

Nathan’s Hot Dog Eating Contest Odds At NJ Sportsbooks? Look Elsewhere

Nathan’s Hot Dog Eating Contest

No sportsbook in New Jersey will have odds on Nathan’s Hot Dog Eating Contest. New Jersey did allow for bets on the Oscars in the past. Joey Chestnut and Miki Sudo are expected to win the hot dog eating contest again. TRENTON, N.J. – The New Jersey Division of Gaming Enforcement (NJDGE) will not allow … Read more

The Parlay Bets Keep Hitting At The FanDuel Sportsbook At The Meadowlands

FanDuel at the Meadowlands

In order to win a parlay, every single “leg” of the betting slip must finish as indicated on your card. Parlays can quickly increase their odds and payouts with adding more teams, but doing so lowers your chances of success. New Jersey has seen bettors win 86% of all parlay betting action, relatively high compared … Read more

New Jersey Sportsbook, PointsBet Shells Out $10,000 Payout For Phillies Victory

PointsBet - Philadephia Philies

Last month, PointsBet announced an exclusive $10,000 game day guarantee for all regular season MLB games. PointsBet is one of 13 active sportsbooks in New Jersey. New Jersey has accepted over $2.3 billion in total wagers since the state legalized sports betting. ATLANTIC CITY, N.J. – While most sports fans turn their attention to the … Read more