Sportsbooks posting the highest hold percentages are found in states without mobile sports betting. But, states with mobile-only sports betting aren’t seeing better bettors across the US industry. States with professional sports teams could play more of a factor than mobile betting access. DOVER, Del. … Read more
Arizona has seen the most success of the three states celebrating their one-year anniversary. South Dakota and Washington are hampered by their lack of mobile sportsbook apps. Launching at the start of the NFL season has proven success for sportsbooks across the US. PHOENIX – As … Read more
States like Colorado have explicit instructions on where sports betting taxes go. Other states just link all sports betting taxes to their general fund. This includes funding for education programs, infrastructure, and problem gambling help. LAS VEGAS – Since the repeal of PASPA in 2018, … Read more
Cloakroom is about a month out from receiving their licensing approval from the DC Lottery. Cloakroom would become the first sportsbook in the US that is inside of a strip club. Kiosks and betting windows will start the betting at Cloakroom but mobile betting is … Read more
Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out … Read more
Colorado, Iowa, Nevada, and West Virginia received the highest sports betting grades at 21. Scoring a 13 (Montana) and 14 (Mississippi), these two states were on the bottom of the list. Discrepencies in the methodology and results may be undervaluing the rankings for MT and … Read more
The Cincinnati Bengals are headed to the Super Bowl for the first time this century after completing an 18-point comeback against the Kansas City Chiefs in the AFC Championship. Despite legalizing sports betting with the signing of HB 29, Ohio does not yet have operational … Read more
Delaware’s sports bettors have suffered a historically bad stretch, with sportsbooks reporting over a 10% hold in nine of the last 12 months – this includes a 14% hold in October. Both Delaware and Montana, the states with the two highest reported holds for October, … Read more
There are many prop bets surrounding Capital One’s ‘The Match 4’ with Tom Brady and Phil Mickelson vs. Aaron Rodgers and Bryson DeChambeau. Aaron Rodgers has -140 odds to have the longest drive over Tom Brady. Sports betting fans are wagering heavily at -125 for … Read more
Sportsbooks are asking sports bettors if pro golfer Brooks Koepka will caddy for Tom Brady and Phil Mickelson during The Match 4 tournament next month. The heavily favored answer to the wager is that Koepka will not be caddying for the duo. The Match 4 … Read more
Illinois and Montana are both celebrating their one-year anniversaries of launching sportsbooks in their states. Due to the huge differences in their market landscapes, Illinois has exceeded expectations in its first year while Montana has done less than expected. CHICAGO – On March 9, 2020, … Read more