DraftKings Revamps Loyalty Program, Worse Off For Bettors

DraftKings Revamps Loyalty Program, Worse Off For Bettors

DraftKings recently changed their loyalty program, Dynasty Rewards, making it harder for casual bettors to increase their status. NEW YORK – Last year, DraftKings Sportsbook announced significant changes to its Dynasty Rewards Program, with updates having taken place since last week Friday. These changes include … Read more

Parlay Advertisements Boosting Sportsbooks Win Rates to ~10%

Legal Sportsbooks Nearing a Record 10% Hold Rate in 2024

The average hold rate in Nevada averaged 5-7% before 2018. Since nationwide regulation, sportsbooks now keep 9.7% of every dollar bet. This increase easily links to parlay promotions and advertising. Some states are seeing nearly 70% of their monthly revenue come from parlays. PHOENIX – … Read more

LSB Feature: How To Bet On The NFL – Part 1, Straight Bets

NFL Footballs

The Kansas City Chiefs are the +500 favorites to win the Super Bowl. The Denver Broncos have -140 odds to beat the Minnesota Vikings. Jacksonville Jaguars are -3 favorites to beat the Cleveland Browns. NEW YORK – The NFL season is incoming and there will … Read more

Many Opposed to Tennessee’s Harsh Sports Betting Regulations

Tennessee’s harsh sports betting regulations couls cost millions.

Tennessee’s sports betting regulations are drawing negative comments. Experts feel that it is detrimental to their sports betting market and could cost them millions in losses. Study shows France, another market with similar regulations, suffers because of it. NASHVILLE, Tenn. – As the spirit of … Read more