Sports Handicapping Articles

The Favorites, the Contenders and the Longshots to Legalize US Sports Betting in 2023
by Dave Schwab - 1/16/2023

Kansas, Maine and Massachusetts have legalized US sportsbooks this past year and they have plans to launch operations in 2023 to join the 34 states in the US market. That leaves 16 states with no legal sports betting as of Dec. 31 of 2022.

Virginia’s Sportsbooks Cleared $50 Million in Three Straight Months
by Dave Schwab - 1/2/2023

The November figure was an all-time high in 23 months of legal sports betting by Virginia. It passed the $53.8 million record set in September of this year. Sportsbook operators in the Old Dominion have been on a roll for much on 2022. November’s 11.1% hold on gross revenue marks the fourth time this year it was 10 percent or higher.

Ohio’s Top US Sportsbooks Best Bonuses and Promotions
by Dave Schwab - 12/27/2022

With legal sports betting getting under way in Ohio on Jan. 1, the top US sportsbooks have special offers in pre-launch bonuses and promo incentives. Extra bonuses and promotions will give any Ohio sports bettor a major edge when signing up for the pre-launch offers

Caesars Sportsbook Launches Real-Money Micro Betting in 2023
by Dave Schwab - 12/19/2022

In a partnership with Simplebet, Caesars Entertainment took the plunge and will roll out real-money micro bets for the NFL, NBA, MLB and college football during the 2023 season. Caesars Sportsbook will facilitate wagers on the outcome of every play, including the pass, possession and pitch of all the games.

Encore Boston Harbor Awarded First Sportsbook License in Massachusetts
by Dave Schwab - 12/12/2022

The WynnBET Sportsbook at Encore Boston Harbor secured its first license to run an operation in Massachusetts. As a Category 1 sports wagering facility, WynnBET met all the requirements for the state’s concerns in the Massachusetts Gaming Commission (MGC).

Legal US Sportsbooks are Going Live on New Years’ Day in Ohio
by Dave Schwab - 12/6/2022

The Ohio Casino Control Commission (OCCC) has approved 21 retail sportsbooks and 22 online sportsbooks to launch on Jan. 1, 2023. The actual total of live sportsbook operators will be less than that. However, there is going to be legal sports betting in the state on that day. Sunday, Jan. 1 marks Week 17 on the regular NFL season to kick off 2023 with a bang. The following day there are four major college football bowl games and the Buffalo Bills vs. Cincinnati Bengal on Monday Night Football.

Louisiana Sportsbooks Wrap Up October With More Than $1.8 Billion in Wagers
by Dave Schwab - 11/28/2022

The Louisiana Gaming Control Board recently announced results of the state’s first year of legal sports betting. The sportsbooks’ total handle was more than $1.8 billion in wagers, generating over $26.4 million in revenue taxes for state and local government.

Maryland Awards 10 US Online Sportsbook Betting Licenses
by Dave Schwab - 11/21/2022

On Wednesday earlier this month, the Maryland Sports Wagering Application Reviews Commission (SWARC) awarded 10 online sportsbooks a license to bet on sports in the state. Maryland’s SWARC did not release a specific date to go live but the groundwork will be set for the near future.

The Top Online US Sportsbook in New York Remains FanDuel
by Dave Schwab - 11/7/2022

After securing about half the online sports betting business in New York since early January, FanDuel has staked its claim as the top sportsbook in the state. A high hold rate, a huge share of the $12.97 billion state handle and a $1.06 billion in gross gaming revenue (GGR) has lifted the New York City company from the competition.

The Massachusetts Gaming Commission has Plans for Retail and Online Sportsbooks
by Dave Schwab - 11/1/2022

Legal sports betting in Massachusetts has a launch date in late January on the retail level and early March for online sports betting. The state’s Massachusetts Gaming Commission addressed the matter in a public meeting on Thursday, Oct. 26. Boston-based DraftKings Sportsbook request for a universal launch date for the state’s retail and online sports betting was turned down. The Massachusetts Gaming Commission held firm on its original proposal.

Fanatics Plans to Launch its US New Sports Betting Division in January, 2023
by Dave Schwab - 10/25/2022

Fanatics CEO Michael Rubin announced that the company will enter the US sportsbooks industry with the sports betting division early next year. He mentioned that the new kickoff will be January of 2023. The NFL playoffs would coincide with the Fanatics US sportsbook launching into business. The prominent sports apparel company would go hand-to-hand with the sports betting industry. Fanatics can pair sportsbook offerings as well as team jerseys.

DraftKings and ESPN Expand Their Sports Betting Partnership
by Dave Schwab - 10/10/2022

DraftKings is a top-tier US sportsbook and DFS (daily fantasy sports) provider. ESPN is the world-wide leader in sports. Expanding on this sports betting partnership has all the possibilities of reshaping of industry. A new DraftKings/ESPN deal is an unprecedented agreement between parties that can meet all expectations.

FanDuel Sportsbook Has a Pre-Launch Promo Code in Ohio
by Dave Schwab - 10/4/2022

FanDuel is one of the top US sportsbooks operating both retail and online sports betting facilities. The New York-based company has offered a pre-launch incentive to bettors in the Buckeye State. From Oct. 1 to Dec. 31 this year, Ohio bettors signing up will receive $100 in free bets on Jan. 1, 2023. This special pre-launch promo in the state can be activated through registration with a FanDuel account in this time frame.

Square Bettors Becoming Well-Rounded as Sports Betting Explodes in Popularity
by Jeremy Martin - 8/3/2022

The Internet has leveled the playing field. Sharp bettors used to have it easy. They had plenty of outs to take their action. The best bettors had a network of contacts throughout the country to give them exclusive information on injuries or other factors that could affect a sports matchup. They often would get this information well before the oddsmakers. Wise guys were making money hand over fist.

BetMGM Provides Insight to Sports Betting North of the Border
by Dave Schwab - 6/20/2022

Long before the US Supreme Court opened the door to expanded legal sports betting in this country, Canada offered legal sports betting through government-owned lottery corporations across every province. The one big caveat to the Canadian sports betting industry was how you could bet on the games. Prior to a significant change in Canadian law last August, the only legal way to bet on sports was through multi-team parlays. The new law paved the way for legal betting on single games.

Overcoming Long Betting Odds for Huge Parlay Payouts
by Dave Schwab - 6/13/2022

Professional sports bettors tend to stay away from parlay plays given the longer odds for cashing a winning play. The pros know and understand how hard it can be to pick just one winner in a series of selections. Avid recreational sports bettors turn to parlay plays in an effort to earn a much higher return on investment. A two-team parlay pays more than doubles your money. Moving to three teams in a parlay bet pays 6-to-1 odds.

Nevada’s Sports Betting Handle Up 28.1% Through April
by Dave Schwab - 6/6/2022

The first state to offer legal sports betting in the US remains one of the stronger markets in 2022. Nevada gaming officials noted that the overall sports betting handle is up 28.1% verse 2021 through the first four months of the year. April’s trends did cool a bit with a lull in the sports betting calendar. Coming off a strong March fueled by college basketball, the state’s total sports betting handle slipped to $582.5 million.

Winners and Losers for Adding Legal Sports Betting in 2022
by Docsports.com - 5/30/2022

Heading into the month of June, there are currently 30 different states plus the District of Columbia up and running with some form of legal sports betting. This past May 14 marked the four-year anniversary of the landmark US Supreme Court decision that paved the way for legal betting outside the state of Nevada.

Highlighting Four Years of US Sportsbook Operators
by Dave Schwab - 5/23/2022

May 14, 2018 has turned into a very significant date in the history of betting on sports in the United States. Prior to that date, Nevada was the only state in the country with legal sports betting within its borders. Going back another decade, New Jersey led the fight to change the existing federal laws that prohibited any other state from joining that list.

FanDuel Lands the New York Yankees as Official Sports Betting Partner
by Dave Schwab - 5/2/2022

Both Caesars Sportsbook and BetMGM made a huge splash in New York with landmark sponsorship deals with Madison Square Garden. This agreement also included the NBA’s New York Knicks and NHL’s New York Rangers who fall under the umbrella of MSG ownership.