Who loves betting more, bettors or books?


It’s information overload everywhere, and there’s not enough time to sleep and eat and stay fully informed of what’s happening on this crazy blue dot of ours (two out of three, that’s not is not bad). Here’s the weekend’s Sports Handle article, “Get a Grip,” recapping the week’s top American sports betting stories, highlighting fresh news and rounding out key stories.

Top stories around our network this week

A football betting season without any betting action is like a wedding without a bad dance, or a Thanksgiving dinner without dad jokes, or Seinfeld without Kramer. Sure, it would be more polished that way, not as silly, and maybe not as memorably fun.

Recreational bettors love betting, because of the chances of making a big score with a small bet. It’s known to happen. The media is still surfacing about them, including big bettors, like an Illinois car dealer who just turned $65,000 into nearly $3 million by sweeping a six-legged bet on PointsBet.

And if it is possible to do so, sports betting loves them even more than Joe Q. Bettor. This is because they maintain a hold percentage which is often three or four times higher from betting action than from straight bets. Sharps avoid parlays, which are so hard to hit, but recreational bettors should emulate the more savvy pros by shopping online with parlays just as with point spreads. A Sports handle This week’s story explained how huge returns can vary from the same bet on different sites.

Our network of journalists and websites are always looking to educate the public about smart betting, in addition to offering much, much more, as last week’s articles show:

Oh, California, you’re so complicated

Read the fine print: Here’s a look at the California ballot

Proposition 26 isn’t just about legal betting, and cardrooms are scared

Gee, that’s a lot of responsibility

Responsible gambling in ‘teenage position’ as 12-point commitment comes under scrutiny

University of Memphis tackles problem gambling research

The “Before you bet” quiz offers the possibility to self-check the risk of problem gambling

But who is responsible for this?

‘Crazy Eddie’ nephew Antar sues BetMGM over allegedly costly casino issues

When in Vegas, do what the regulators say

Nevada regulators warn sportsbooks that reporting delays will not be tolerated

First the world, then Colorado

What bet365’s Colorado launch tells us about the company’s US plans

Well, if you put it that way…

Indiana iGaming could generate $469 million in first-year revenue, study finds

You could act with a little more enthusiasm

Far fewer Ohio applicants for physical licenses than the maximum

Let us add it all for you

Sports betting in New York continues its slow rebound in the fall

Nevada sports betting revenue and the handful hit 2022 lows in August

Virginia sports betting posts state record 13% in August

Pennsylvania casino revenue monthly comparisons have seen a steady decline

Michigan’s online sportsbooks and casinos flourished in the August heat

MaximBet now lives in Indiana

It’s been a long time coming, but MaximBet finally went live in Indiana this week, with Hoosier State only the second after Colorado in which the lifestyle-focused bookie has launched.

MaximBet’s book is powered by Kambi, a partnership that was announced in January. In a press release on Thursday, MaximBet said its Indiana rollout “paves the way for rapid expansion into several additional markets, including Iowa, New Jersey, Pennsylvania and Ohio, as well as Canadian province of Ontario”.

As part of the Indiana launch, MaximBet is offering a first deposit match of up to $250, as well as “Super Freaky Odds Boosts”. (Halloween is only a month away!)

—Mike Seely

Bally’s completes acquisition of Trop Las Vegas

Bally’s Corp. announced this week that it has completed the previously announced acquisition of Tropicana Las Vegas through a transaction with Gaming & Leisure Properties Inc. (GLPI) and PENN Entertainment.

Bally’s has completed the acquisition of the Tropicana’s non-land assets for a cash purchase price of $148 million, payable to GLPI. Bally’s will lease the land underlying the Tropicana property from GLPI for an initial term of 50 years at an annual rent of $10.5 million.

Bally’s does not intend to make any major changes to the Tropicana for at least the next 12 months before making a decision on a possible redesign of the property. The Tropicana is located at the corner of Las Vegas Boulevard and Tropicana Avenue in a popular area of ​​the Las Vegas Strip, across from the MGM Grand Hotel & Casino.

—Matt Rybaltowski

Advances in Responsible Gambling

Responsible Gambling Education Month ended this week with new announcements and developments.

Caesars Sportsbook has launched two new responsible gambling ads featuring brand ambassador Henrik Lundqvist, a New York Rangers legend, and JB Smoove. The ads direct consumers to responsible gambling tools on the Caesars Sportsbook app. Looked:

Underdog Sports, which plans to launch its first sports betting platforms in 2023, has announced that it has retained the services of responsible gaming consultant Brianne Doura-Schawohl. She must create internal policies and develop strategic plans for the company to better understand and manage responsible and problem gambling. Underdog also announced its partnership with BetBlocker, which offers free website blocking services.

— Jill R. Dorson

Sports betting boosts breast cancer research

DraftKings announced Thursday that it will hold its fourth annual “Pink ‘Em” charity pools, with the goal of raising $100,000 during Breast Cancer Awareness Month in October.

Since 2019, DraftKings has received over $330,000 in donations through the Free Draft Pools, which will run throughout the NFL’s October Game Slate. For each of the first 20,000 pool entries each week in October, DraftKings will donate $1 to the Larry Fitzgerald Foundation for Breast Cancer Research.

DraftKings also partners with BetMGM, BetRivers, FanDuel and Gaming Realms to pay licensing fees equal to 100% of online game revenue. Slingo Gems at the American Cancer Society.

—Mike Seely

More of the most important and interesting stories

BENEFITS? ARE WE SUPPOSED TO MAKE PROFITS? : Sportsbook sweats their billion-dollar marketing gamble [The Washington Post]

THE CANYON IS BIG AND THE BETS TOO: How Arizona Became the Largest Western State for Sports Betting [Phoenix New Times]

TOO LATE FOR THE BLACK SOX, BUT: MLB to Promote Responsible Gambling with AGA [Sports Business Journal]

OK, BUT HE WILL HAVE TO PAY IF HE WIN: Gregg Popovich gave punters advice they didn’t really need on Media Day: Fade the Spurs this season [USA TODAY]

IT WILL BE HERE BEFORE YOU KNOW IT: With esports growing in popularity, betting is sure to follow [Las Vegas Review-Journal]

THE UK COMMISSION IS NOT DOING OVER: Betfred fined for gambling security check failures [The Guardian]

AFTER TORTS 101 COMES TRIBAL STUFF: Las Vegas Lawyer and Indian Affairs Advisor to Create Tribal Gaming Law Program at UNLV [CDC Gaming Reports]

I STILL PLAY JACK HIGH FOR $100,000 TOO: Potential poker cheating scandal goes viral during livestream following all-time horrific call [The Big Lead]


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