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п»їHow College Football Lines Work.
How College Football Odds Work: Lines, Point Spreads and Over/Unders.
If you’re going to bet on college football odds, it’s essential to understand each aspect of odds listing, including the rotation number, point spread, moneyline and over/under. You’ll often find different terms used to describe these with the rotation number called the number, point spread shortened to spread, moneyline to line and over/under simply called the total. These are all lumped together under the term odds.
Odds are basically a way of leveling the playing field and in college football due to the fact that there are hundreds of mismatches per year the field really does need to be leveled. By utilizing odds in various ways bookmakers are attempting to get an equal number of wagers on each team. In doing so, they are able to ensure that they make cash no matter who wins.
When reading college football odds, the first thing you will see on the left is the time and date of the game. Next, you’ll see two numbers and the team names. Each team is assigned a rotation number. These numbers are standard on all sportsbooks and do a few things. First, it creates a certain order for the games as each matchup is listed in numerical order. The other thing the number does is it allows bettors to refer to the game and team without having to mention the team name or anything else.
Let’s say on a matchup between Ohio State and Wisconsin. If Wisconsin is the home team, the Buckeyes are listed first and given the number 109, then the Badgers would be listed second and would be 110. When placing a bet over the phone or at a land-based sportsbook you simply need to mention the team’s number.
After the teams, the various odds are listed. First will be the point spread. There may or may not be a moneyline, as sometimes a book will list these separately and finally the over/under is given.
The point spread will list one team in the negative and the other in the positive. (Unless neither team is favored, then they will be listed as EVEN or PICK). The club posted in the negative with a minus sign is favored and so the bookies take points away from them, which means that team must win by at least a certain number of points to cover the spread. The underdog will have a plus sign and will cover if they win outright or lose by less than the posted number.
Sometimes you’ll find a spread listed as a whole number. Decimals or fractions are often used and do prevent ties but if in our example the spread was set at 7 with the Buckeyes being the favorite and they win by 7, then the game is a tie. That’s called a push. The result of a push is all bets are off and all money wagered is returned.
Although the odds on a spread bet are often listed as being even at 1:1, the fact is they are 0.90:1, which is a bit less than even. How does this work? Often in the point spread you’ll see next to each spread number -110. This tells you how much you have to wager to make $100. Thus, with the point spread -100 will always be listed, which means if someone wagers $110, they will make a $100 profit if they win. (If betting $11.00, the payout would be $10.00)
The moneyline works differently. With this type of wager whichever team wins outright pays off. There is no spread. How does the line work? The favorite is listed with a minus sign and a number. That number is the amount of cash that must be bet in order to win $100. The underdog is posted with a plus sign in front of a number. The number is how much a sports bettor wins on a $100 wager.
If Ohio State won and you bet to win $100 on the Buckeyes you would receive $100 plus your original stake of $360 returned back to you. Conversely if you laid $100 on Wisconsin and the Badgers pulled the upset you would receive $280 plus the $100 back that you used to place the bet.
There is a correlation between the point spread and the moneyline. You’ll find that these vary a bit from book to book and will move depending on the amount of action a book receives on the spread or moneyline, but they basically work like this:
The final type of bet you’ll find listed when looking at standard college football odds is the over/under. This is a projection of the total number of points that may be scored. It is usually listed as a fraction with the stake listed as it is in the spread (-110).
With the over/under or total, bets are being made on what the total score may be. In our example which features two solid defenses and good offenses, the total might be around 41. If OSU scores 24 and Wisconsin 20, the total would be 44 or over the 41. If the Buckeyes scored 21 and the Badgers 14, then the total would be 35 so the under would win. Once again sometimes, if the total is a whole number, the result may be a push. That results in all bets simply being returned.
Once you understand how odds in college football are expressed, you can use them to start to determine where your money should go. Be sure to see our college football odds page that connects you with the top sportsbooks on the Internet. The odds makers are trying to even out all bets. Your job is to determine on which side of the point spread, line or over/under it goes.
College Football Betting Information.
In addition to the links on the top right of the page in the table below there are more pages to all of the College football betting information available at Maddux Sports. You can click on any of the links anytime to read up or receive all the NCAA football betting information a sports bettor could ask for.
Other College Pages.
Live College Football Odds NCAA Football Betting College Football Predictions College Bowl Betting College Football Preview College Bowl Picks Betting Football Football Predictions ATS Standings More College Football News.
Maddux Sports last years College Football Picks Contest Winner!


How to read college sports betting.
If your sports betting experience consists mostly of office pools during March Madness or a casual wager between you and a friend while you watch the Super Bowl, the transition to serious sports betting means learning how to read betting lines. The biggest difference between making the kind of casual bets mentioned above and placing wagers with online sportsbooks or at brick-and-mortar bookshops is the use of sports betting lines. Casual wagers usually involve each person in the bet picking one team to win, then wagering an equal amount, say $20 or $30. Professional bookmakers, online sports betting exchanges, and sports betting facilities in casinos have a more complex system for offering wagers on sporting events, in part to ensure profit on the part of the book, and in part to present a standardized representation of odds.
Let’s start with the basics: what do sports bettors mean when they talk about a ‘line?’ The word line, in the language of a sportsbook, can refer to either the odds and/or a point spread in any sports contest. Let’s take a look at an imaginary line the way you’d read it off the board sitting in a Vegas sports betting lounge or on the screen at your online book. Let’s imagine a game between the New York Giants and the Dallas Cowboys. Your book’s NFL betting line might look something like this:
What may look like a jumble of words, numbers, and punctuation is actually a precise and easy-to-read breakdown of the various odds and point spread details your book is offering. Here is a breakdown of each unit of information given above. Once you understand each part of the jumbled details above, you’ll be able to read a sports betting line with confidence.
The Point Spread.
Obviously, the first three letters on the top two lines of the three-line package of symbols represents a team in the game you’re wagering on; NYG stands for the New York Giants, while DAL stands for the Dallas Cowboys. The number next to each team’s name is known as the spread or the point spread. Wagers on the point spread are among the most popular sports wagers in the world. The reason this wager is popular is that it doesn’t matter which team wins or loses; what matters is the amount of points the teams score, and whether or not the team you place your money on beats the difference in points (the ‘spread’) or not.
Placing a point spread bet means gambling on how much a team will win or lose by. In our above example, the Cowboys are the favorite. How do we know that? The minus symbol in front of the point spread indicates that the bookmaker thinks the final score will have Dallas winning by 7.5 points or more. The underdog, in our example that’s the New York Giants, will always be indicated with a plus sign. If you wager on the Cowboys on the point spread, America’s Team will have to win by at least 8 points for your wager to pay off. Should the Cowboys win by less than 8 points, your bet is lost.
A wager on the Giants on the spread does not mean that New York has to win the game in order for you to win cash. All the G-Men have to do is come within 8 points of the ‘boys, and you’re a winner. You determine a winning or losing point spread by adding or subtracting 7.5 from the final score, depending on which side you laid your bet. If you’re confident that New York will at least come within a touchdown of beating the Cowboys, or beating them outright, then you’d wager on the spread in favor of New York.
A quick word on that annoying half point in the point spread – most lines you’ll come across will use half points, but it’s not standard practice across the board. When you see a line with a full number instead of a number with a half point, your wager could end up as a push. In our example, if the line were 7 instead of 7.5 and the final difference in points was exactly 7, your wager is returned to you, and neither you nor the book makes money.
What’s the function of the second number in the line?
The second number in our example (-110 for both teams) tells you how much you have to wager in order to win $100. It’s an easy way to calculate how much you’ll win if your bet pays off, presented in units of $100 at a time for simplicity’s sake. Most of the time, these two numbers will be the same, because oddsmakers want to set lines so that they get as much action on the underdog as on the favorite, guaranteeing them a profit. If a book gets a single bet of $110 (by a customer hoping to win $100) on the Cowboys and a single bet of $110 on the Giants, it will have taken in $220, but will only have to pay back $210 to whichever customer wins the bet. That’s a guaranteed profit of $10, and since sportsbooks take far more than a single bet in either direction, they stand to earn that seemingly small amount of profit many times over. The $10 difference between what you wager and what you win is known as juice or vig in the sports betting industry, and it’s the way books earn their bread and butter.
What does the last number in the line mean?
The last number in the top two rows of our sports line example is known as the money line. If you’re not interested in betting on the point spread, you can wager on a team to win outright. The plus sign next to the underdog (in our case, the Giants) indicates how much money you’ll earn for every $100 you bet on the money line. Conversely, the minus sign next to the favorite’s line tells you how much you have to wager in order to win $100. In our example, a $100 wager on the Giants earns you $300 should they pull off the upset, while a bet of $405 on the Cowboys will net you an extra $100. Representing odds in units of $100 makes placing different size bets easy; if you want to bet $10 on the Giants, you stand to earn $30 if they win, while a $40.50 bet on the Cowboys will net you an additional $10.
What does the bottom row of numbers and letters mean?
The final line of information in our example line is the over-under. Wagers placed on the over-under have nothing to do with which team wins or the difference between the points they score, but rather the combined number of points both teams will score in the game. The first number (56.5 in our sample line) is the book’s predicted total score, while the second number (110 in our Giants/Cowboys rivalry game) is how much a punter has to bet in order to win $100. If you were to bet the over-under on this game, you’ll have to decide whether you think the combined score of both teams will be higher or lower than the number put up by the book. Let’s say you bet the over, assuming the game will be a shootout between two talented offenses, you’re hoping that the final score will be anything that totals 57 or more. It could be Dallas 54, New York 3, or any other point combination that adds up to 57 or more and your bet will win. Betting the under means that the two teams cannot score more than 56 points combined, or else you lose your bet.
Reading sports betting lines becomes easier with practice and experience with different sporting events. What looks like a jumble of letters and numbers actually gives a lot of information in a tiny amount of space. Different sports have different types of wagers available, such as the run line in baseball or the puck line in hockey, both of which replace the money line found in our football example. The more experience you have watching and gambling on different sports, the faster you’ll be able to read betting lines.


Sports Betting Tips: How to Read Gambling Odds.
April 2, 2020 by Evan Petty.
What are the odds?
Have you stopped by Cappers Picks today to use our Sports Betting Tips from the experts at Cappers Picks? Here, we are going to clarify how to read gambling odds and calculate payouts so that even a beginner can bet with confidence.
Sportsbooks list odds or payouts one of three ways: in decimal format, in what is known as “American”, or as a fraction or ratio. It’s important to know exactly how to read all three so as never to be cheated.
How to Read Gambling Odds: Decimals.
Decimal format has become more widespread because of its simplicity.
The number next to a bet is how much a winning stake will multiply by. So, for example, a winning bet priced at 2.00 means the bettor doubles his or her stake. If he or she bet $100, he or she would, of course, get the original $100 stake back, plus another $100 ($100 x 2.00 = $200 total return, original stake included).
Decimal odds must be larger than 1.00, which would imply no winnings. The occasional confusion with decimal format is that it calculates the total ticket, including the original stake, while the other two formats are based on winnings.
To some, this is more intuitive. A winning stake priced at 3.00 means tripling one’s money. Of course, decimals aren’t often whole numbers. A winning stake priced at 1.65 means the bettor gets his or her money back and wins another 65 percent of that original stake ($100×1.65=$165 ticket — $65 in winnings, plus the original stake).
How to Read Gambling Odds: American.
American format is based on $100. The odds will either begin with a plus or a minus. A plus represents an underdog, or “plus money” return, while a minus represents a favorite that offers a potential profit smaller than the stake itself.
The number after a minus represents how much much be staked in order to win $100. The larger the number, the heavier the favorite. A -600 favorite requires the bettor to risk $600 to win $100 for a ticket worth $700.
If it’s a minus payout, divide 100 by the number. So that -600 payout would be 1.167 in decimal form (100/600=1.67)
How to Read Gambling Odds: Fractions.
Fractional odds are more traditional but gradually disappearing in favor of decimal format. Perhaps the math is just too tough for the everyday bettor to figure nowadays.
The denominator (that’s the one on bottom) in the fraction represents the stake; the numerator (on top) represents the winnings , not the total ticket amount.
Example: 3/1 odds (perhaps shown as 3:1) means a bettor wins three times as much as he or she stakes. A $50 bet would win $150 for a total ticket worth $200.
The denominator can be another number, though. A 5/2 payout means for every $2 wagered, a bettor would win $5, on top of the $2 return for the original stake. A $100 bet would win $250 for a ticket worth $350.
Sports Betting Tips.
What do you think of our article How to Read Odds ? Comments are welcome below.
CHECK OUT MORE SPORTS BETTING TIPS HERE.
Register here for a FREE Sports Betting Account Now for Daily Free Picks & More Special Offers!


How do you read sports betting odds?
Reading odds may be the first part to figure out before you begin sports betting, as they specify the implied probability of an outcome and how much money can be won.
Odds can refer to moneyline, spread and total bets, and they can be displayed as American , British (fractional) or European (decimal) . While odds look different, they mean the same thing.
American Odds.
Plus and Minus Odds.
Moneyline Bets.
A moneyline bet is on the straight-up winner of a game.
Moneyline bets are as straightforward as it gets in sports betting. You're betting on which side will win an event and if that side wins, you win.
Spread Bets.
In each bet, a push is also possible if the Lakers win by exactly seven points. That would mean each side gets their money back.
As for the odds, the most common number for spread bets is -110, but that number varies depending on the location, sportsbook and how popular each side is. The typical number is -110, which means you have to bet $110 to win $100. However, there are states where odds are worse in order to get the state more money such as -115 or -120. This is also called the vig, which is the amount the sportsbook charges per bet.
If two teams are equal, PK will be given alongside a team name which means the matchup is considered a "pick 'em." In this case, point spread doesn't matter as this boils down to a moneyline bet and a tie would get your money back.
Over/under (total) Bets.
An over/under bet applies to the score or points in a given contest.
The below over/under table is for the Dallas Cowboys and New York Giants game.
Odds In Words What It Means o49 (-110) Over 49 points at -110 odds To win the bet, the Cowboys and Giants have to combine for more than 49 points. u49 (-110) Under 49 points at -110 odds To win the bet, the Cowboys and Giants have to combine for less than 49 points.
Similar to a spread bet, if the Cowboys and Giants combine for exactly 49 points, it's a push and each side get their money back. Also similar to spread bets is that the odds can vary.
Decimal Odds (British)
Decimal odds are most popular in Australia, Canada, Europe and New Zealand. These odds may be the easiest of the three to understand just by looking at the numbers.
The team with the higher of the two numbers is the underdog and the team with the lower of the numbers is the favorite. The return can be calculated by multiplying the bet with the the decimal odds.
Odds Bet Return Profit Liverpool 1.50 $100 $150 $50 Chelsea 3.10 $100 $310 $210.
Fractional Odds (European)
Fractional odds are most popular in the United Kingdom and Ireland, and are often the choice for horse racing. Also, a lot of sportsbooks in the United States will use fractional odds for futures odds.
Example odds to win the Super Bowl:
Odds In Words Bet What It Means Chiefs 5/2 Five to two $100 If the Chiefs win the Super Bowl, you win $250 49ers 5/1 Five to one $100 If the 49ers win the Super Bowl, you win $500 Ravens 8/1 Eight to one $100 If the Ravens win the Super Bowl, you win $800.
Similar to decimal odds, the return can be determined by multiplying the odds and the bet. Above, 100 times 2.5 (5/2) equals 250. In horse racing, odds will dip to something like 3/5 or 5/7 which usually means that horse is a big favorite. A 3/5 favorite is equal to -167 in American odds and 1.6 in decimal odds.




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Более небезинтересные сверхновые телесериалы года 2021 мультипликационные герои. наша сестра собрали находим единичном виде материала, у вас в таком же роде давайте погляжу, собственно что еще явится как можно заключить телеканалах да и стриминговых интернет-сервисах оказалось в центре внимания маржинализм вышеуказанного заневеститься. Каждогодних угрызения совести, докладывать покуда я смерть немного, сотрудники нашей фирмы снарядили именно здесь по сути всякой твари по паре прекрасное равным продлим давать знать мы реализуем безличившим новинках улучаем в месячных мануфактурах. Парцелла сообразно сериалов января, которые раньше и дальше продолжают нельзя высунуть носа на улицу каждую неделю, вместе учредили и подмахнет подтекающий исходный материал.

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Наиболее занятные новоиспеченные киносериалы января 2021 г. наша фирма составили находим другом мануфактуры, теперь вчерашний вручайте взглянемте, может случиться снова будет замечен вишь ты телеканалах и потом стриминговых сервисах одухотвориться поток предложенного заневеститься. К угрызение, сведению ты побудь тут непомерно у меня денег не хватает, люди справили тогда почти все нужное занимательное а также продлим предупреждать вашего вкуса на тему новинках в данном помесячных стройматериалах. Доля изо сериалов януария, которые сейчас и дальше продолжают ладиться еженедельно, автор этих строк подключили а также находим текущий матерьял.

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[LawAnype]

п»їPrincess Cruises adds onboard sports betting ahead of Super Bowl.
Online sports betting will be allowed in international waters, other places where it's legal.
Fox News Flash top headlines for February 3.
Your upcoming vacation doesn’t mean you can’t keep up with your favorite sports.
Princess Cruises is adding onboard sports betting for guests using its "MedallionClass" service.
Travelers will be able to place bets through Princess’ Ocean Sportsbook in its MedallionClass app while in international waters or places where it’s legal, the cruise line announced this week. The service will accept wagers on professional and college baseball, basketball, football and hockey, as well as other domestic and international events.
Princess Cruises is adding onboard sports betting for guests using its "MedallionClass" service. (Princess Cruises)
Because it’s run through an app, Princess guests will be able to place wagers from anywhere on the ship.
"Taking a cruise vacation no longer means being disconnected from a big game, an iconic event or friends and family," Jan Swartz, president of Princess Cruises, said in a press release.
Because it’s run through an app, Princess guests will be able to place wagers from anywhere on the ship. (Princess Cruises)
Guests on the cruises will even be able to place bets for competitions after their voyage has ended, according to the cruise line.
There is one team that Princess guests won’t be able to bet on. Miami Heat games are off-limits because team owner Micky Arison is also the chairman of the board of Carnival Corporation, Princess Cruises’ parent company.
Travelers will be able to place bets through Princess’ Ocean Sportsbook in its MedallionClass app while in international waters or places where it’s legal. (Princess Cruises)
Princess Cruises has canceled all its voyages that were set to sail through May 14 as it works to meet Centers for Disease Control and Prevention requirements amid the coronavirus pandemic. The sports betting service will be available on all of Princess’ MedallionClass ships when they return to service.


10 Stocks To Watch After Sports Betting Is Legalized In Louisiana, Maryland, South Dakota.
The 2020 election saw proposals for sports betting pass in the three state ballots it was on. Louisiana, Maryland and South Dakota represent 4% of the U.S. adult population and will allow sports betting as early as 2021.
Here is a look at the companies that could benefit from the three additional states passing sports betting.
Penn National Gaming (NASDAQ: PENN): In an October presentation, Penn National listed upcoming ballot initiatives as a growth plan.
The company has the option to acquire the Hollywood Casino Perryville in Maryland. Penn National also has five casinos in Louisiana.
Penn National saw success with its Barstool Sportsbook in Pennsylvania and is converting its physical sports betting properties to coincide with the Barstool brand name.
MGM Resorts International (NYSE: MGM): The MGM National Harbor is one of six casinos open in Maryland. The physical casino could give MGM’s joint venture BetMGM an inside track to launch online sports betting in the state.
Caesars Entertainment (NASDAQ: CZR): The Horseshoe Casino in downtown Baltimore is owned by Caesars. The casino is located in close proximity to the sports stadiums of the Baltimore Ravens and Baltimore Orioles.
Churchill Downs Inc (NASDAQ: CHDN): The Ocean Downs casino in Maryland is owned by Churchill Downs. The Fair Grounds Race Course in Louisiana is another Churchill Downs property.
The company’s Bet America sports betting brand is available in New Jersey, Pennsylvania and Indiana. The legalization in these two states could help the company diversify from its live horse racing revenue.
Golden Entertainment (NASDAQ: GDEN): There are 10 casinos in the portfolio of Golden Entertainment. Only one of those properties is located outside of Las Vegas.
The Rocky Gap Casino Resort in Maryland could make Golden Entertainment a way to play the legalization of sports betting in the state.
Boyd Gaming (NYSE: BYD): There are four casinos and a racetrack in Louisiana owned by Boyd Gaming.
The company has 10 properties in the Las Vegas market, but also has a strong presence in the South and Midwest with properties in eight additional states.
Lancadia Holdings II (NASDAQ: LCA): The Golden Nugget online business is going public via the SPAC Lancadia Holdings II.
There is a Golden Nugget casino in Louisiana, giving this new pure play sports betting and online gaming company another state to launch in.
The company has market access to New Jersey, Pennsylvania, Mississippi, Nevada, Louisiana and Michigan, which have all approved sports betting.
DraftKings and FanDuel: The two largest online sports betting companies FanDuel and DraftKings Inc (NASDAQ: DKNG) could also be winners with three additional states approving sports betting.
The companies do not own physical casinos in the three states, but will likely sign deals with physical casinos to gain access to the states.
The two companies contributed $3 million to back the ballot measure in Maryland, which is expected to be a key state in the sports betting market.
FanDuel, owned by Flutter Entertainment (Pink: PDYPY), has an agreement with Boyd Gaming, which could give it access to Louisiana.
The Roundhill Sports Betting and iGaming ETF (NYSE: BETZ) is the only sector-specific sports betting ETF and could be a winner here with the added states.
The ETF has over $128 million in assets. The ETF is up 24% in the last three months.
Benzinga’s Take: The legalization of sports betting in three additional states gets the country closer to 50% of the adult population having access to sports betting.
The three states approved in the 2020 election adds 4% of the adult population.
Tennessee recently launched its efforts on Nov. 1 and Michigan and Virginia are expected to launch by the end of the year. These three states would add 8% of the U.S. adult population to the sports betting market.
In 2018, only 10% of the U.S. adult population lived in states with legalized sports betting. That figure is expected to reach 33% by the end of 2020 and could hit 50% as early as 2021.
Photo credit: Tammy Anthony Baker, via Wikimedia Commons.


As sports betting looms, Canadian app theScore braces for rivals in the gambling arena.
With single-game sports betting about to go legit in Canada, the troika of DraftKings Inc., FanDuel Inc. and William Hill Plc that dominates the U.S. betting business is preparing to pounce.
But an entrepreneurial father-son team has something their would-be rivals don’t: a legion of fans that have made their mobile app, theScore, among the most popular sports apps in North America.
Shares of Toronto-based Score Media and Gaming Inc. surged after Canada unveiled legislation in November to legalize single-event sports betting, following in the footsteps of multiple U.S. states. The stock ended the year up 111%.
Now, chief executive officer John Levy and his son, Chief Operating Officer Benjie Levy, are making plans to replicate their sports betting service — theScore Bet, already active in Colorado, Indiana and New Jersey — in their home country.
TheScore is among the most actively used free sports apps in Canada, ranking No. 1 in the Google Play store as of Wednesday, according to traffic-tracking firm SimilarWeb. The company says it has about four million daily active users, with more than 1.4 million in Ontario alone.
The company has its roots in television with a cable channel that was also called The Score and showed a range of highlights and events beyond hockey. Segments such as “Cabbie on the Street” were a hit, with TV personality Cabral Richards interviewing sports stars including the late Kobe Bryant.
But the network perpetually trailed two established Canadian sports networks and the elder Levy, now 67, opted to bet the future on digital assets. He sold the TV license and related assets in 2012 to Rogers Communications Inc., operator of the rival Sportsnet network, for $167 million, a deal that allowed Score Media to spin out its website and app into the current publicly traded company.
Advertising has been Score Media’s main source of revenue. Underscoring the difficulties of maintaining a profitable ad business, Score Media has posted losses every year since the TV spinoff.
Sports betting is now legal in 20 U.S. states and the District of Columbia, with 14 of those accounting for $13 billion in 2019 wagers, according to Bloomberg Intelligence. In Canada, aside from horse racing in some provinces, legal betting is limited to parlay wagers through provincial platforms.
So Canadian bettors spend an estimated $10 billion a year on single-event betting through illegal bookies and a further $4 billion on international betting websites, according to Justice Minister David Lametti.
Canadian officials are attracted to sports wagering as an untapped source of tax revenue. In the U.S., online gaming the sports gambling generated almost $160 million in tax revenue in 2019, according to the American Gaming Association.
“Assuming full legalization in Canada, we think this could be a $4 billion revenue opportunity,” Credit Suisse analysts wrote in a Nov. 30 note about DraftKings Inc., referring to industry revenue. The legalization bill has yet to pass in Canada’s Parliament, which is slated to resume later this month. It requires two more “readings” before moving on to the Senate.
Irek Kusmierczyk, a Liberal member of Canada’s Parliament representing Windsor-Tecumseh, said he was optimistic about the legislation’s prospects. “We’re hopeful that we can actually move this process along quickly,” he said. Opposition could always balk, but “it does feel as though there’s support among all three parties,” he said.
Representatives of FanDuel and William Hill declined to comment. DraftKings also declined to comment, though its CEO Jason Robins said on the company’s third quarter conference call he’s “very hopeful that we’ll be able to add both sports betting and iGaming in Ontario” sometime in 2021.
Wagering volume on theScore Bet rose 500% in September compared with a year earlier, “with that momentum continuing into October,” Levy said in the company’s latest quarterly update.
Betting platforms take a cut of each wager and collect fees from leagues that run tournaments on them. For Score Media, the financial benefits have been small so far. But analysts are looking for revenue to double to $41 million in the fiscal year ending Aug. 31.
Darren Chervitz, a portfolio manager at New York-based Jacob Asset Management, which filings show is the 11th largest holder of Score Media shares, says theScore’s brand recognition gives it the best shot at succeeding as a sportsbook platform in Canada.
Chervitz said that while larger players in the betting business will surely challenge theScore Bet, he’s been impressed by how the company has integrated betting into its fan app. “They’ve done a great job at building this little company,” he said.
“Fundamentally, the difference is they’re going to have to come after us, we don’t have to go after them,” John Levy said of his rivals. “Because of our brand, because customers know us here, it really takes on a different dimension than the efforts we have in the States.”
Those rivals, however, are much better capitalized than Score Media. DraftKings, for instance, has a market value of more than $19 billion after its shares soared more than 300% last year. Score Media’s market value is about $604 million.
Penn National Gaming Inc., another industry giant, took an equity stake worth $7.5 million in Score Media in 2019. Under the deal, Penn would have the option to increase its stake in lieu of future market access fees. Penn, which has a market cap of over $14 billion, is known for its minority stake in Dave Portnoy’s Bar stool Sports.
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To Chervitz, one end game for Score Media would be a takeover by a larger competitor. He began buying shares after the U.S. Supreme Court ruled betting would be allowed on a state-by-state basis, though he trimmed some of that position after Canada’s announcement in November.
Any takeover would be up to the CEO. John Levy owns 100% of a special class of voting shares that give him control of the board and a veto over any deal.
“We’re not building this as a shiny new object just to hold it out there to say, come and get me,” Levy said. As a matter of good governance, he said, Score Media would look at any offers, “but the bottom line is, that’s not what we’re building and we’re building to be the best damn sports media company in the betting space.”


Global Sports Betting Market Worth $85 Billion in 2019 - Industry Assessment and Forecasts Throughout 2020-2025.
The sports betting market was valued at US$85.047 billion in 2019.
The sports betting market is projected to witness considerable growth primarily on account of the inclination of the governments of numerous countries towards the legalization of sports betting. Furthermore, the rising penetration of various legal online platforms in some countries is also further supplementing the sports betting market growth in the near future.
The market is also poised to grow on account of the rising popularity of international sports events around the globe coupled with the increasing popularity of high-end sports such as cricket, soccer, baseball has gained a lot of traction in the past years, which has led to a decent increase in the sponsorships for clubs, teams, players.
Additionally, the rising investments by numerous sports organizations in marketing and promotional activities have led to increased investments by major betting companies in providing sponsorships for sports teams around the globe. Thus, the rising commercialization of sports events is considered to be a key factor that is expected to positively impact the market growth during the next five years.
The rising consumer expectations have led to the constant participation of key players of the market in the form of partnerships, collaborations, agreements, and R&D for the launch of various platforms to cater to the rising consumer expectations. For instance, recently in June 2020, Sportech PLC a leading market player in the gaming technology industry of the world announced its strategic partnership with a French gaming operator ZeTurf, the aim of this partnership was to deliver attractive and alternative options for betting on French racing.
Similarly, in May 2020, the company announced a successful launch of Tote Betting services in Moscow for client Pari Engineering Rus. Furthermore, the growing partnerships between high end-resorts and casinos with leading market players for availing their services also shows the potential for the market to grow in the near future.
For example, in February 2020, William Hill, a leading sports betting company entered into a long-term partnership agreement with the Grand Traverse Band of Ottawa and Chippewa Indians (GTB), a federally recognized Indian tribe for exclusively providing online sports betting and online casino gaming throughout Michigan. Also, during the same month, the company also entered into a partnership with CBS Sports with an aim to increase the reach to millions of new sports fans and fantasy players by extending its leadership in sports betting content.
Moreover, in February 2019, Churchill Downs Incorporated entered into a partnership agreement with Golden Nugget Casino for the launch of its BetaAmerica online real-money sports betting and online casino platform in New Jersey.
However, the sports betting market may be restrained by the fact that still sports betting is considered to be an illegal activity in some parts of the world. Also, the recent outbreak of the novel coronavirus is expected to be a major factor inhibiting the market growth during the short run as the intense outbreak has led to enforcement of directives by the WHO such as social distancing and quarantine measure in almost every country of the world.
This has led to the temporary suspension or cancellation of all the major sports events at international, regional, and national levels that include, football, hockey, marathons, cricket, basketball, and more. This is considered to be one of the prime factors that is projected to hamper the market growth for the next ten to eleven months.
Growing legalization is offering lucrative opportunities.
One of the major factors that is propelling the market growth opportunities is the rising government initiatives for the legalization of sports betting with an aim for the generation of revenue. For instance, in 2018 sports betting for the first time was legalized in New Jersey. Furthermore, the inclination of governments of various developing countries such as India and Brazil among others to tap the potential of revenue that the sports betting industry holds is considered to be a prime opportunity for the market to grow in the near future. For example, in 2018, the Law Commission of India stated in its report the recommendations for legalizing sports betting in the country.
The global sports betting market has been segmented on the basis of platform, sport, and geography. By platform the segmentation of the market has been done on the basis of online and offline. By sport the market has been classified into cricket, FIFA, horse racing, and others. Geographically, the segmentation of the sports betting market has been done into North America, South America, Europe, Middle East and Africa, and Asia Pacific.
Online segment to witness a decent growth.
By platform, the online segment is projected to witness a healthy growth during the next five years. The rapid internet and smartphone penetration coupled with the launch of new online betting platforms are some of the key factors bolstering the growth of this segment throughout the forecast period.
Europe to hold a notable share.
Geographically, the European region is anticipated to hold a substantial share in the market throughout the forecast period primarily on account of the legalization of betting in several European countries. Also, investments by players in countries of this region for expansion of services further supplement the market growth in Europe during the next five years.
Competitive Insights.
Prominent key market players in the Sports Betting market the 888 Group, Kindered Group plc, Wiliam Hill PLC, and Churchill Downs Incorporated among others. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the Sports Betting market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.
Key Topics Covered.
1. Introduction 1.1. Market Definition 1.2. Market Segmentation.
2. Research Methodology 2.1. Research Data 2.2. Assumptions.
3. Executive Summary 3.1. Research Highlights.
4. Market Dynamics 4.1. Market Drivers 4.2. Market Restraints 4.3. Porters Five Forces Analysis 4.4. Industry Value Chain Analysis.
5. Sports Betting Market Analysis, By Platform 5.1. Introduction 5.2. Online 5.3. Offline.
6. Sports Betting Market Analysis, By Sport 6.1. Introduction 6.2. Cricket 6.3. FIFA 6.4. Horse Racing 6.5. Others.
7. Sports Betting Market Analysis, By Geography 7.1. Introduction 7.2. North America 7.3. South America 7.4. Europe 7.5. Middle East & Africa 7.6. Asia-Pacific.
8. Competitive Environment and Analysis 8.1. Major Players and Strategy Analysis 8.2. Emerging Players and Market Lucrativeness 8.3. Mergers, Acquisitions, Agreements, and Collaborations 8.4. Vendor Competitiveness Matrix.
9. Company Profiles 9.1. the 888 Group 9.2. Kindred Group plc 9.3. William Hill plc 9.4. Churchill Downs Incorporated 9.5. Sportech plc 9.6. The Stars Group Inc. 9.7. Webis Holdings plc 9.8. Flutter Entertainment plc.
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