Legal Sports Betting Brief: Ohio, Massachusetts, Brazil

Legal Sports Betting Brief: Ohio, Massachusetts, Brazil

DraftKings faced a fine in Ohio and questions in Massachusetts for unregulated sports betting actions. Countries outside the US are cracking down on illegal sportsbooks as they attempt to launch their own industries. CLEVELAND – This week’s legal sports betting brief highlights the growing pains … Read more

Missouri Sports Betting Barely Passes In Tight Race From Voters

Missouri Sports Betting Barely Passes In Tight Race of Voters

With about 3 million votes cast by Missouri residents, the sports betting measure known as Amendment 2 received about 7,000 votes over the 50% mark. Winning 50.1% to 49.9%, the process for legalizing and regulating sportsbooks in Missouri begins with an expected launch before 2026. … Read more

Missouri Voters Settle Sports Betting Legalization Tuesday

Legal Missouri Sports Betting on Ballot

Missouri voters have the power to legalize sports betting by a simple majority in Tuesday’s November Election. With monetary and public support appearing behind it, many believe Amendment 2 will pass. ST. LOUIS – Missouri residents will soon vote on a significant measure to legalize … Read more

Bovada Offers Best MNF Doubleheader Betting Odds for Underdogs

Bovada Offers Best MNF Doubleheader Betting Odds for Underdogs

The Baltimore Ravens are 3.5-point road favorites against the Tampa Bay Buccaneers. Betting odds favor the Los Angeles Chargers by 1.0 point over the Arizona Cardinals. Parlaying both Monday Night Football doubleheader underdogs offers +443 odds at Bovada. TAMPA, Fla. – NFL Week 7 concludes … Read more

NFL London Betting Odds: Trust In Trevor, Fade The Bears

NFL London Betting Odds: Trust In Trevor, Fade The Bears - Trevor Lawrence - Caleb Williams

The Jacksonville Jaguars are two-point underdogs against the Chicago Bears in London. Passing props for Trevor Lawrence and Caleb Williams are nearly identical. Past results from the season and the media may be influencing player props. LONDON – In a battle of number 1 picks … Read more

Line Shopping ALDS Betting Odds for Royals Vs Yankees Game 2

Line Shopping ALDS Betting Odds for Royals Vs Yankees Game 2

Betting odds for Game 2 of the ALDS between the Kansas City Royals and New York Yankees vary between legal sports betting sites. Bovada is the best place to bet the Royals to cover the spread (-165), while BetMGM is the best sportsbook for betting … Read more

Debate Props: How To Bet On The Presidential Debate Trump vs Kamala

Kamala Harris - Donald Trump

Online sportsbooks with political odds are the only way to bet on the debate tonight. They offer prop bets on the debate between Kamala Harris and Donald Trump.. PHILADELPHIA – The first presidential debate between Donald Trump and Kamala Harris begins at 9 p.m. ET … Read more

The Cost of Legalized Sports Betting on American Households

Cost of Legalized Sports Betting on American Households

New studies show that Americans are withdrawing from their investment portfolios to have more liquid funds for sports betting. NEW YORK – Over the past few years, the expansion of legalized sports betting across the United States has painted a stark picture of its financial … Read more

Legal Missouri Sports Betting on Ballot, DraftKings Joins Support

Legal Missouri Sports Betting on Ballot

DraftKings recently put $3.5 million towards a political committee pushing for regulated sports betting in Missouri. A constitutional amendment to regulate land-based and online sports betting in Missouri will be on the November ballot after meeting the signature threshold. The same committee has also been … Read more

DraftKings Surcharge Sparks Debate On Transparency, Customer Retention

DraftKings

DraftKings will implement a surcharge on bettors’ winnings in four states with higher-than-average tax rates on sports betting. Critics argue that the surcharge undermines transparency and that changing odds is better than integrating a surcharge. NEW YORK – Starting January 1, 2025, DraftKings will introduce … Read more

Recent Sportsbook Closures Threaten A Possible US Duopoly

SaharaBets

DraftKings and FanDuel sportsbook hold nearly 75% of the market share for US sports betting. While MGM and Caesars make up another ~15%, the remaining 10% is split between way too many operators. PHOENIX – Recent withdrawals from the legal sports betting market from SaharaBets … Read more