Sports Handicapping Articles

Caesars Sportsbook Sets the Standard for Team Partnership Promotions
by Dave Schwab - 12/6/2021

The US sports betting industry has quickly grown to become a highly competitive marketplace. The top three mobile sports betting operators (FanDuel, DraftKings & BetMGM) currently control more than 80% of the market. However, other operators with deep pockets such as Caesars Sportsbook and WynnBET still have the ability to make some major inroads into both existing and new markets as they go live. Of the two, Caesars has already set the precedent as one of the top deal makers in the industry.

Both BetMGM and Caesars Land Major Partnerships with Madison Square Garden
by Dave Schwab - 11/29/2021

The battle for online sports betting market share in the state of New York is on. The Empire State has approved nine different US-based operators as it plans to launch online sports betting early next year. Two of the nine wasted little time in making their presence felt in New York City, as the biggest piece of the pie in a sports betting market to has the potential to become the biggest in the US.

ESPN Gets the Green Light on Sports Betting From Parent Company
by Dave Schwab - 11/22/2021

Earlier this year, there were rumors that ESPN was actively pursuing a deal with one of the bigger US sports betting operators for branding rights. Nothing concrete came from those talks, but they always say where there is smoke, there is fire.

New York Selects Nine Mobile Sportsbook Operators
by Dave Schwab - 11/15/2021

The long wait is almost over as the state of New York continues to prepare for the launch of online sports betting. In a major move forward, the state’s gaming commission released a list of nine sportsbook operators on Nov. 8.

BetMGM Rolls Out an Online Horse Betting Mobile App
by Dave Schwab - 11/8/2021

Offshore sportsbooks have been combining their online sportsbook for betting the games with their online racebook for betting the horses on the same site for years. That is why the global sportsbook industry still has a significant edge in the US marketplace.

Which US Sportsbooks Will Win the War for Market Share?
by Dave Schwab - 11/1/2021

At the same time the US sports betting industry is expanding at an accelerated pace, the marketplace is becoming extremely competitive. More and more new online sportsbook operators are launching betting sites and mobile apps while the existing competitors dial up their efforts to attract US bettors to their sites.

Profit is Still Not Part of the Picture for US Sportsbooks
by Dave Schwab - 10/25/2021

The state of New Jersey just topped the $1 billion milestone in September for sports betting volume in a single month. By the end of this year, as many as 30 different states will offer legal betting on sports in some form. Major markets such as Florida, Georgia and Massachusetts are making plans to join that list in 2022.

Circa Sports Expands to Its Third Sports Betting Market
by Dave Schwab - 10/18/2021

Derek Stevens has earned the reputation of taking risks as a sports bettor. On more than one occasion, he wagered a substantial amount of money on each of the 32 opening round games of the annual men’s college basketball NCAA Tournament.

Ask the Bookie Show with Raphael Esparza: How and When to Watch and Interact
by Docsports.com - 10/15/2021

Doc’s Sports is proud to boast the most successful and diverse group of handicappers in the sports information industry. One of our longest-serving handicappers, Raphael Esparza, is a former sportsbook director at several of Las Vegas’ premier sportsbooks as well as serving as a global oddsmaker.

A Closer Look at the Legal Sports Betting Market in Nevada
by Dave Schwab - 10/11/2021

Legal sports betting in the state of Nevada dates all the way back to 1931 when gambling in general first become legal. For the next 87 years, gambling towns such as Las Vegas and Reno enjoyed a virtual monopoly when it came to legal gambling in the US.

Two More States Will Offer Retail Sports Betting for Football Season
by Dave Schwab - 10/4/2021

The calendar has turned the page to October with close to 30 states now offering sports betting in some form. Along with the all the weekly action from college football and the NFL, the start of this season’s MLB playoffs can add a boost to the weekly betting handle.

Caesars Sportsbook Continues to Expand Market Presence in Louisiana
by Dave Schwab - 9/27/2021

As Louisiana continues to work through the regulatory process to launch legal sports betting in most of the state, Caesars Entertainment is pulling out all the stops to build its market presence ahead of going live. The Reno-based gaming and entertainment giant already has a strong casino gaming-presence in the state, highlighted by Harrah’s New Orleans Hotel & Casino. This land-based casino venue first opened in the Big Easy back in 1999.

DraftKings Brings Micro Sports Betting to Several US Markets
by Dave Schwab - 9/20/2021

The majority of the betting action in the US market still centers on straight bets involving a game’s point spread and total line. This is especially true during football and basketball season. Betting the money line is another popular market when it comes to wagering on baseball, hockey and soccer.

Las Vegas Gaming Companies Go All In for the Upcoming Football Season
by Dave Schwab - 9/6/2021

It is no big secret that football is the biggest betting sport in the rapidly expanding US sports betting market. College football creates a huge betting handle each week only to be surpassed by the NFL. Combined, football accounts for the lion’s share of money spent on betting the games. Prior to 2018, most of football’s betting volume was booked through offshore sportsbooks catering to US players through an online betting platform.

ESPN is Making Plans to Launch Its Own Sportsbook
by Dave Schwab - 8/30/2021

Strategic partnerships between US media properties and US-based sportsbooks are rather common in the industry. There is a natural synergy between the two parties as a built-in vehicle to promote the betting site.Earlier this year, 888 Holdings as the parent company for a popular UK sportsbook joined forces with Authentic Brands. The two sides are working on a mobile betting app for a Sports Illustrated Sportsbook. The initial launch of that betting brand is set for Colorado sometime this year.

Parlay Calculator - Doc's Sports Free Parlay Odds Calculator
by Doc's Sports - 8/26/2021

Below is a free Parlay calculator from Doc’s Sports. A parlay calculator can be a very useful tool when trying to determine the value of a parlay bet. To use this particular parlay calculator is very easy. First, type in the moneylines for each of the different wagers that you are including in your parlay. If you are trying to parlay games with spreads just type in -110 – unless your book has the juice as something different - for that wager against the spread.

July Cools Off the Normally Hot US Sports Betting Industry
by Dave Schwab - 8/23/2021

You can call it the calm before the storm, but the US sports betting industry was slower than expected during the month of July. The two biggest measures of this industry on a monthly basis are the total betting handle and total betting revenue. The sports betting handle is a measure of total betting volume in dollars. A sportsbook revenue is the money made on that handle.

US Federal Officials Approve New Florida Seminole Gaming Compact
by Dave Schwab - 8/10/2021

The US Department of the Interior (DOI) has cleared the way for legal sports betting in the state of Florida. This was part of a new gaming compact between Florida Gov. Ron DeSantis and the state’s Seminole Tribe. The new 30 year compact was the result of ongoing negotiations between the governor and Florida’s only gaming tribe.

Betting on BetMGM in the Legal US Sports Betting Industry
by Dave Schwab - 8/2/2021

The legal sports betting industry in the US market is currently controlled by three major players. FanDuel has been able to establish itself as the No. 1 sportsbook based on market share. It controls more than 30% of the business.

Top US Sportsbooks Invest in Florida Sports Betting Ballot Initiative
by Dave Schwab - 7/19/2021

will be regulated is still up in the air. Florida Gov. Ron DeSantis struck a deal with the Seminole Tribe of Florida in a new gaming compact. The new 30-year deal would maintain the tribe’s current monopoly on all forms of gaming within the state, including legal sports betting.