Where Do Gubernatorial Candidates Stand on Sports Betting? East Edition

 

Thirty-six states will elect governors next month, and we at Sports Handle wondered if sports betting was among the key issues in any states, or at least on the keychain.

In most cases, sports betting is not a hot topic and likely won’t be a deciding factor in electing a governor, but there are some states where legislatures have been actively exploring sports betting — and having a “friendly” governor will speed the process in those states. But in some cases, sports betting is a non-issue for the election.

Using the Mighty Mississippi as our divider, we present our findings in two parts. Today’s Part I focuses on where gubernatorial candidates in the East stand on sports betting:

Sports Betting Legalization’s Impact on Governor Races Across the U.S.: ‘East Coast’ Edition Looks Up and Down The Atlantic And Over to Central States

Alabama: Democrat Walt Maddox said in August that he believes sports betting should be part of the equation to solve the state’s financial troubles. After tweeting about that in August, he has not offered any additional thoughts on sports betting. The front-runner and incumbent, Republican Kay Ivey, has not weighed on sports betting, and for that matter, according to AL.com, has been avoiding debates or discussing the issues in general.

Read more Where Do Gubernatorial Candidates Stand on Sports Betting? East Edition on SportsHandle.

After Spirited Hearing, Indiana Lawmakers Will Continue to Explore Sports Betting

Indiana on Friday became the latest state to hold a sports betting hearing, when lawmakers heard from various corners of the industry — a technology provider, the NBA, an anti-gambling group and small business owner Patrick Doerflein, who owns an app called “Burn and Bet,” referred to himself as a “hillbilly guy from

Indiana on Friday became the latest state to hold a sports betting hearing, when lawmakers heard from various corners of the industry — a technology provider, the NBA, an anti-gambling group and small business owner Patrick Doerflein, who owns an app called “Burn and Bet,” referred to himself as a “hillbilly guy from Brown County” and asked legislators not to over regulate.

While the session had moments of levity, it was a very different sort of hearing in Illinois on Wednesday. Indiana state lawmakers put forth several sports betting bills in 2018 and the Gaming Commission signed on with a market analysis firm, but Hoosier State legislators on the Interim Joint Public Policy Committee still appeared to be in the early learning stages of learning about sports wagering.

One lawmaker asked if a technology professional had said “toad system” when he was referring to a “tote system,” and another asked NBA executive Dan Spillane if any states that have legalized sports betting passed a law granting the league an “integrity fee.” (None have.) This was in stark contrast to contract with gaming entities independently?”

Read More 137 Words

‘Pro Football Handle’: NFL Week 7 Breakdown, Patriots-Bears, Bengals-Chiefs

The post ‘Pro Football Handle’: NFL Week 7 Breakdown, Patriots-Bears, Bengals-Chiefs appeared first on SportsHandle.

On The Pro Football Handle, Las Vegas-based sports talk voice Matt Perrault and veteran bookmaker Robert Walker of USBookmaking dive into select NFL games, line movements and bookmaker liabilities, plus greater sports

The post ‘Pro Football Handle’: NFL Week 7 Breakdown, Patriots-Bears, Bengals-Chiefs appeared first on SportsHandle.

On The Pro Football Handle, Las Vegas-based sports talk voice Matt Perrault and veteran bookmaker Robert Walker of USBookmaking dive into select NFL games, line movements and bookmaker liabilities, plus greater sports betting topics and stories that may have nothing to do with football. Walker has seen it all behind the counter and Perrault the same from behind the microphone, so they’ll have you prepared for anything.

It’s NFL Week 7, another Week of the Dog! First the guys run through some of the hot topics in the industry like the USBookmaking sportsbook launch in New Mexico and current laws favoring brick and mortar sportsbooks in Nevada. The games this week are all about the ‘dogs. Which games are advisable to skip, and where’s there an attractive total?  Listen up. 

Spotify fans go here to listen.  Time codes for the episode follow below. Your feedback is welcome at @sports_handle.


0:54 — Recap on the Global Gaming Expo (G2E) in a post-PAPSA world.

2:55 — Robert gives describes the launch of the USBookmaking-managed sportsbook in New Mexico.

8:23 — Why does Nevada allow digital sign ups for poker, but not sports betting?  Protectionism.

19:52 — Sports wagering and the future of sports radio and sports media .

23:43 — NFL Week 6 recap and what the guys learned.

24:44New England Patriots -3 at Chicago Bears  — The public is betting Pats like it’s been decided but the guys like Da Bears.

26:50 –Cincinnati Bengals +6 at Kansas City Chiefs — Walker says bet the over or walk away or but Perrault is on Cincy.

30:05 –LA Rams -9.5 at San Francisco 49ers — San Francisco will probably t lose, but will cover. The number is so high it knocks the public out.

33:04Houston Texans +5 at Jacksonville Jaguars — Week 3 the Jags were the  best team in NFL and now in Week 7 they are lost.

36:36 Dallas Cowboys +1  at Washington Redskins — Big handle, good game and pick the winner outright.

38:39 Cleveland Browns +3.5 at Tampa Buccaneers — Tampa Bay makes you never want to watch them play again

41:05 — Tennessee Titans +6.5 vs. LA Chargers (London) — The public is on the Chargers and they’re a good team but the pros are looking Titans here.

42:40 — Detroit Lions -3 at Miami Dolphins— Pros and Joes don’t like The Brockstar. Walk away — this game won’t be on RedZone much this Sunday.

45:00 — New Orleans Saints +2.5 at Baltimore Ravens  — May be a high scoring game, books will need Baltimore and the under.

46:46 — Minnesota Vikings -3.5  at NY Jets — Aren’t the Vikings better than a field goal versus the bangrd up Jets? Walk away.

49:01– NY Giants +4.5 at Atlanta Falcons — ATL is in serious trouble and NY is terrible. If you get over 4 take the Giants, or bet the over.


Have a profitable Week 7, folks. Follow Perrault on Twitter @sportstalkmatt and Walker @robertusfsports.

Thanks for listening and see you back next week, tell a friend, sign up for our newsletter and also check out our Cover City Podcast, featuring sports bettor Eric Rosenthal with guest Warren Sharp this week:

Don’t be a Square: Subscribe to our once-a-week newsletter for the latest sports betting news and insights
Get the latest content first.

 

 
 
We respect your privacy.

The post ‘Pro Football Handle’: NFL Week 7 Breakdown, Patriots-Bears, Bengals-Chiefs appeared first on SportsHandle.

Read More 489 Words

NFL Sheds Some Scare Tactics In Sports Betting Statement In Illinois

Hearings on Wednesday in Illinois and Washington, D.C. that focused on sports betting brought together various lawmakers, stakeholders and players’ associations representatives — but not a National Football League representative in the flesh.

Jack Evans, Chairman of the D.C. Council’s Finance & Revenue Committee who led the Council hearing, asked aloud why the

Hearings on Wednesday in Illinois and Washington, D.C. that focused on sports betting brought together various lawmakers, stakeholders and players’ associations representatives — but not a National Football League representative in the flesh.

Jack Evans, Chairman of the D.C. Council’s Finance & Revenue Committee who led the Council hearing, asked aloud why the NFL has largely been absent from the public conversation on legal sports wagering. “That’s the largest gambling area — in football,” Evans noted, before the NBA’s Dan Spillane advised that an NFL official actually had appeared at a Congressional hearing in September.

At that House of Representatives committee hearing, the NFL’s Jocelyn Moore, Executive Vice President, Communications and Public Affairs stated that, “Since the Supreme Court decision, state governments are rushing to promote sports betting — and we are witnessing a regulatory race to the bottom.”

Read More 97 Words

Study: MLB, NBA to Yield Combined $1.7 Billion From Legal Sports Betting

The American Gaming Association on Thursday released the results of two more Nielsen studies, showing how America’s professional sports leagues stand to benefit from legal, regulated sports betting. The latest studies indicate that Major League Baseball will see a revenue increase of $1.106 billion, and the NBA is look at a $585 million

The American Gaming Association on Thursday released the results of two more Nielsen studies, showing how America’s professional sports leagues stand to benefit from legal, regulated sports betting. The latest studies indicate that Major League Baseball will see a revenue increase of $1.106 billion, and the NBA is look at a $585 million bump. Combined with research from previous studies on the NFL and NHL, U.S. professional sports leagues can expect an overall combined revenue boost of $4.23 billion.

The increased revenue won’t come from the “integrity fee” or “royalty” that some of the professional sports leagues have been lobbying for, but rather from increased fan engagement (media rights, sponsorships, merchandise, tickets) and through gaming (TV advertising, sponsorships, data packages).

According to the studies, MLB will net $952 million from increased fan engagement and $154 million from gaming-related revenue. The NBA should see increases of $425 million and $160 million, respectively. Results of previous studies showed that the NFL will see the biggest benefit, an overall increase in revenue of $2.33 billion, and the NHL can expect an increase of $216 million.

 

Read more Study: MLB, NBA to Yield Combined $1.7 Billion From Legal Sports Betting on SportsHandle.

Read More 131 Words

‘Cover City’: NFL Week 7 Picks, Preview With Analytics Guru Warren Sharp

The post ‘Cover City’: NFL Week 7 Picks, Preview With Analytics Guru Warren Sharp appeared first on SportsHandle.

Sports Handle is pleased to present Cover City: A Pro Football Betting Podcast, hosted by Eric Rosenthal (@ericcports). Rosenthal is a professional sports bettor who focuses on NFL and college football.

The post ‘Cover City’: NFL Week 7 Picks, Preview With Analytics Guru Warren Sharp appeared first on SportsHandle.

Sports Handle is pleased to present Cover City: A Pro Football Betting Podcast, hosted by Eric Rosenthal (@ericcports). Rosenthal is a professional sports bettor who focuses on NFL and college football. He’s wagered more than $25 million in the last nine years, getting banned from many sportsbooks along the way.

For the NFL Week 7 preview and picks pod, Rosenthal is joined by Warren Sharp @SharpFootball, creator of custom and predictive NFL analytics to discuss the most (and least) valuable statistics in the game, as well as some key games for bettors.

Don’t miss Rosenthal’s SuperContest picks (he went 4-1 last week) toward the end of the podcast. Time codes for the episode follow below. Listen and subscribe on Spotify here.


3:20 — Which stat is more valuable: Success rate or total yards? Sharp reviews some of the key stats the average fan may not know, and what that may mean for your wallet.

8:30 — In 2017 the Eagles showed how data can give a team a competitive edge, so why are bad teams and bad coaches not using analytics?

12:47 — How do injuries impact analytically driven teams?

17:10 — Sharp explains the intricacies of the teaser betting philosophy.

20:24 — Sharp weighs in on the Green Bay Packers and Aaron Rodgers’ and Mike McCarthy’s roles in shaping what could have been a dynasty.

25:42 — Sharp predicts what we can expect to see from Derek Anderson and the Bills going forward.

29:35 — Executive Producer Sean Pfeiffer joins the show to break down Week 7 in the NFL.

30:58 — Houston Texans +5 vs. Jacksonville Jaguars — Can Sean’s Texans, winners of three straight, beat reeling divisional rival Jacksonville?

33:48 — Carolina Panthers +4.5 vs. Philadelphia Eagles — An attractive matchup for the Super Bowl champs.

35:30 — New England Patriots -3 vs. Chicago Bears — Trap game, be on the side of Vegas if any side at all.

37:33 — Buffalo Bills +7.5 v Indianapolis Colts — Why this game really comes down to Derek Anderson vs. Andrew Luck.

40:01 — Dallas Cowboys +1.5 at Washington Redskins — Will the Cowboys be the same team we saw in the Jaguars blowout last week?

42:16 — LA Rams -9.5 at San Francisco 49ers — One of Rosenthal’s favorite games of the year. Find out how to leverage this game to cash in.

44:10 — Quick rundown of the other Week 7 matchups.

46:55 — This may be a football podcast, but Sean takes advantage of Rosenthal’s LA Dodgers fanhood for some MLB action!

48:55 — Rosenthal makes his his SuperContest picks of Week 7 in the NFL (4-1 last week).


[Located in New Jersey and want to join a quality legal sportsbook with a generous sign up bonus? Read our review of SugarHouse Sportsbook hereSign up using our link and you’ll get a 100% match bonus on up to $250 on your first deposit (with only a 1x wager requirement).  Use code HANDLE when depositing.

[You can download the app for Android phones here and iOS devices here. Prefer the laptop/desktop experience? The web-based platform is accessible here.]


Also check out: Sports Handle’s Week 7 edition of “LoLookahead Lines’: By comparing changes between current lines and the numbers hung days earlier, we can get a sense of where recency bias or overreactions are seeping in.

Listen to more ‘Cover City’: NFL Week 7 Picks, Preview With Analytics Guru Warren Sharp on SportsHandle.

Read More 491 Words

Super Bowl 53 Odds: Updated for Week 7

Key takeaways from week 6:

  • Rams, Patriots, and Chiefs remain in top three spots
  • LA Chargers are 4-2, with losses only to the LA Rams, KC Chiefs
  • Biggest jump: New York Jets (+42.9%)
  • Biggest drop: New York Giants (-100.00%)
  • No change: Lions, Vikings (0%)

Super Bowl 53 Odds

{{CODE_SB_ODDS_AFTER_WEEK_6}}

Key takeaways from week 6:

  • Rams, Patriots, and Chiefs remain in top three spots
  • LA Chargers are 4-2, with losses only to the LA Rams, KC Chiefs
  • Biggest jump: New York Jets (+42.9%)
  • Biggest drop: New York Giants (-100.00%)
  • No change: Lions, Vikings (0%)

Super Bowl 53 Odds


Martin is a data analyst that has been applauded for his ability to make the complex simple. He grew up on a farm in northern Vermont and spent his summers helping his mom lead llama treks at Smugglers’ Notch Resort.

Martin graduated from University of Vermont with a degree in Mathematics. After graduation he left Vermont to work for an educational nonprofit called City Year for two years, and followed that up by attending the data science immersive program at Galvanize in Denver. He is an avid Green Bay Packer fan, and spends his free time playing football and soccer.

Read More -11 Words

Week 8 College Football Picks: Navy’s A Double-Digit Home ‘Dog, Oklahoma

 

Each week we’ll be providing our top college football picks. (Season record: 8-5.)

Also check out our NFL “Lookahead Lines” story, finding value (or not) by comparing earlier lines, and identifying recency bias.

Back to the college game…


College Football Picks Week 8: Navy’s a Double-Digit Home Underdog and Oklahoma

 

Each week we’ll be providing our top college football picks. (Season record: 8-5.)

Also check out our NFL “Lookahead Lines” story, finding value (or not) by comparing earlier lines, and identifying recency bias.

Back to the college game…


College Football Picks Week 8: Navy’s a Double-Digit Home Underdog and Oklahoma in a Good Spot vs. TCU

cfb picks oklahoma tcu sports betting


Oklahoma -8 over TCU

It seems like everyone in the world is on Oklahoma this week. I usually try to stay away from games like that but sometimes you just have to ride the public wave to the window and cash the ticket.

This is such a great spot for the Sooners. Oklahoma is coming off a bye and finally fired “defensive” coordinator Mike Stoops. Ruffin McNeill will take over a defense that faces a struggling TCU offense. The Horned Frogs have lost three of their last four games and have scored more than 17 points just once over that span.

TCU is only 2-4 ATS as a home dog in its last six games and 2-7 ATS overall in its last nine. Oklahoma has won four straight over the Horned Frogs with the average margin of victory of 12.2 points. 

I’ll take the Sooners to pull away in this game and cover the eight points.


Kentucky -11 over Vanderbilt

Speaking of good spots, Kentucky finds itself in one this week. The Wildcats are coming off a bye, while Vanderbilt is playing for the eighth straight week and must rebound from a tough loss to Florida where they blew a 21-3 lead.

Kentucky has a major edge here with their rushing offense going against a Vandy defense that’s allowed an average of 257 rushing yards over the last four games. That will be a big problem when facing Kentucky RB Benny Snell and his 5.5 yards per carry.

Vanderbilt quarterback Ke’Shawn Vaughn was injured last week but is expected to play on Saturday. Kentucky has been strong on defense this year holding opponents to 116 yards below their opponents’ season average.

Vanderbilt has been a great fade in conference play going 1-10 ATS in its last 11 games versus SEC opponents. This line opened 10.5 at the SuperBook and moved to 11 where it is at most books as of Wednesday. Kentucky’s five wins this year have all been by 11 points or more. I’ll call for another double-digit victory here.es not used to seeing that offense, especially when I’m getting points (a dozen of ’em).

Read more Week 8 College Football Picks: Navy’s A Double-Digit Home ‘Dog, Oklahoma  on SportsHandle.

Read More 367 Words

Ballin’ on a Budget Week 7 Picks

We’re back for Week 7 picks and there’s actually plenty to like, at least on paper. When I sat down and wrote which games I would consider betting this week, I came up with nine. That’s much higher than what I normally come up with. For the sake of the column, I’ve whittled

We’re back for Week 7 picks and there’s actually plenty to like, at least on paper. When I sat down and wrote which games I would consider betting this week, I came up with nine. That’s much higher than what I normally come up with. For the sake of the column, I’ve whittled it down to the five I’m most confident in.

Just like last week, we’re gonna put much more money on the highest confidence pick than the others. That’s the only way we’re going to start making considerable money (unless, of course, we run the table and go 5 for 5). For the first time all year, that high confidence is in an over/under.

Vikings -4 at Jets (-110)

The Jets offense looked revived against the Colts last Sunday, but Indy is also the most injured team in football. New  York may be a little better than we gave them credit for, but the Vikings are hitting their stride too and their ceiling is much higher than the Jets. Kirk Cousins’ weird dance in the end zone against the Cardinals doesn’t do them any favors in the style points department, but he’s really starting to gain command of that offense.

It looks like Dalvin Cook should finally be back for this game as well. Even if he’s limited, having the two-headed monster of Cook and Latavius Murray should open up Minnesota’s passing game even more. It’s always scary betting a team that’s over a touchdown favorite, but I’m confident enough in the fact the Vikings have now found their groove that I’m comfortable giving those points even on the road. The bet: $3 for total payout of $5.70.

Texans +5 at Jaguars (-105)

Yes, the Jaguars defense is (or maybe “was” is a more accurate term) the best defense in football, but the Texans are red hot. Jacksonville is coming off allowing 37 points to the anemic Cowboys offense. Deshaun Watson and Co. have been close in every game. They’ve lost their three games this season by a combined 15 points. That means even if the Jags get some of their mojo back, Houston should keep things interesting.

It’s hard to say whether or not the Jaguars offense is completely broken, but it’s certainly been hampered without RB Leonard Fournette in the lineup. Houston’s defense is tough as well and in a game that should be low scoring, five points is too much for us to pass up. Texans cover on the road. The bet: $4 for total payout of $7.81.

Saints over Ravens (+120)

Here’s an upset pick for you. New Orleans has been bouncing between a 2 and 2.5-point underdog against Baltimore this week. Yes, they are coming off an emotional game in which Drew Brees broke the passing record, so they’re primed for a letdown. However, expect this one to come down to the final possession. The Saints’ high-powered offense against the Ravens’ high-powered defense will create an interesting dynamic.

I could see this one going either way, so I’m going to go where the value lies and that’s with the Saints being +120 straight up to win. As a general rule, whenever a team is +2.5 or lower as an underdog, I will just bet them to win. There isn’t a ton of value in getting those points, because very rarely is a game decided by 1 or 2 points. The bet: $3 for total payout of $6.60.

Panthers-Eagles OVER 45.5 (-110)

The Panthers are coming off a letdown game against the Redskins and the Eagles will have had 11 days to prepare for this matchup. With Carson Wentz starting to look good in this offense again, Philly should be able to hold their own on offense. After a slow start last Sunday, Cam Newton and his offensive weapons should be able to put up some points as well. Greg Olsen being in the lineup makes a huge difference.

This game will be dictated by tempo and early field position, so if we can get some points on the board early, we should be in good shape. Worst-case scenario for us would be a field position battle in the first half. We need a close shootout, so that both teams are still taking shots downfield late into the game. The bet: $2 for total payout of $3.70.

Saints-Ravens UNDER 49.5 (-110)

I LOVE this pick. This is the big one this week. Do you know how many points Baltimore has allowed over their last two games combined? I’ll save you the 10-second Google search: the answer is 12. They’ve given up just 12 points over the last two games. Granted, that was against the Browns and Titans and they lost one of those games, but those are still NFL teams they’re shutting down.

Drew Brees and New Orleans will be a different beast, but do we expect this game to finish 30-20? Even then, that would hit the over by just half a point. Who knows, it could develop into a shootout, but I certainly don’t see it. As long as Baltimore can avoid giving up the big play that New Orleans is known for, this under should be safe. Especially with the Ravens having to settle for so many field goals this season (eight combined between Weeks 4 & 5), the under should be safe. The bet: $8 for total payout of $15.20.

BONUS PICKS: For the first time in weeks, I’m going to give you some bonus picks, because there’s a lot to love this Sunday. We aren’t going to go one-by-one and explain them all, but there are a handful of promising spreads and picks this week. The picks: Bucs -3 vs. Browns, Bills +7.5 vs. Colts, Titans-Chargers OVER 45, Vikings-Jets UNDER 47.

As always, we will calculate our pipe dream of going 5 for 5 this week, by letting you know the parlay payout for our main bets this week. If all five of them hit, we’d be in the green to the tune of $597.52. Let’s hope for that, but if all else fails, we really need that Saints-Ravens UNDER to hit. Happy betting and we’ll check back in early next week.

Jacob Kornhauser is a sports reporter in Southern Oregon covering all sports, including Oregon and Oregon State athletics. He has been a national baseball writer for Bleacher Report and Rant Sports and has written two baseball books. He also specializes in sports betting analysis. He is a graduate of the University of Missouri Journalism School.

Read More 974 Words

Hearing Reveals Illinois Lawmakers Moving Toward Legalizing Sports Betting

If anything became clear from Wednesday’s Joint Committee on Revenue in Finance in Illinois it was this: Illinois lawmakers are eager to pass a bill legalizing sports wagering in Illinois. The question — or questions — are what the bill will look like. During the four-plus hour hearing in Springfield, lawmakers heard from gaming

If anything became clear from Wednesday’s Joint Committee on Revenue in Finance in Illinois it was this: Illinois lawmakers are eager to pass a bill legalizing sports wagering in Illinois. The question — or questions — are what the bill will look like. During the four-plus hour hearing in Springfield, lawmakers heard from gaming stakeholders, representatives from individual cities and towns, pro sports players’ associations, Major League Baseball and the Chicago White Sox, various horsemen’s groups and racetracks and those opposed to sports betting.

Questions from the bi-partisan panel of lawmakers almost exclusively focused on details, suggesting that many had already made the decision that legal sports betting is right for Illinois. But the devil is in the details, and when it comes to legalizing sports betting, there are many, many, many details.

The hearing was put together by Representative Bob Rita (D-District 28) and was the second of two in the last few months. Rita introduced SB 7 in 2017, and the bill has gone through multiple iterations and evolved into a comprehensive bill that contemplates online gaming and daily fantasy sports as well.

Read More 135 Words

Lawmakers Pushing For Legal Sports Betting In Washington D.C., Possibly With Mobile Betting Before Retail

The post Lawmakers Pushing For Legal Sports Betting In Washington D.C., Possibly With Mobile Betting Before Retail appeared first on SportsHandle.

Legal sports betting may be coming to the District of Columbia (District), a development made clear at a public hearing on Wednesday by Councilmember Jack Evans (Ward 2),

The post Lawmakers Pushing For Legal Sports Betting In Washington D.C., Possibly With Mobile Betting Before Retail appeared first on SportsHandle.

Legal sports betting may be coming to the District of Columbia (District), a development made clear at a public hearing on Wednesday by Councilmember Jack Evans (Ward 2), Chairman of the D.C. Council’s Finance & Revenue Committee.

The hearing occurred roughly one month after Evans and five colleagues submitted the sports betting bill — B22-0944, the Sports Wagering Lottery Amendment Act of 2018.

“It’s my view that over the course of the next several years, sports betting will be legal across the country,” Evans said in opening remarks, adding that he wants the District to move soon toward passage to avoid falling behind Maryland and other neighbors, as it did with tradition casino gambling. Right now, Evans said, Maryland properties such as the MGM National Harbor are attracting large amounts of patrons from D.C. and tax dollars that could benefit the District.

DC Council Leaders Pushing For Bill Sports Betting, So Bets Can Be Taken Early in 2019; Some Details Still Need Ironing


By way of background, the law as-is calls for:

  • The regulating body to be the D.C.’s Office of Lottery and Gaming, which currently oversees the city’s lottery;
  • Sports betting would be taxed at 10 percent of gross revenue;
  • The city would charge a $50,000 licensing fee;
  • Athletes, coaches and game officials would be prohibited from placing sports bets; and
  • Tax revenue would be split equally between early childhood education programs and the D.C. Commission on the Arts and Humanities. If those programs are fully funded, any surplus dollars would go into the city’s general fund.
  • All types of wagering would be permitted: single-game wagers, parlays, teasers, in-game wagering, pools, exchange wagering, propositions and so forth.

Key issues that arose during this hearing:

  • Who should be allowed to get licensed to operate a sportsbook? Both DraftKings and FanDuel officials had the opportunity to address this, and emphasized that more competition, from the likes of both established companies, would mean more revenue for the district, more competition, meaning better products and consumer protections as the better operators would rise to the top;
  • There was frequent reference to New Jersey’s emerging market: Mobile sports betting revenue has already exceeded brick-and-mortar sportsbook wagers;
  • The DFS-turned-sportsbook operators are concerned that running sports betting solely through the D.C. Lottery, which would outsource operations to a company like IGT or Scientific Games, would not foster competition, and thus encourage a stagnant market that ultimately might depress revenues. Also, fewer options for consumers. They pointed to Delaware as an example, which has a contract with Scientific Games, which has contracted William Hill for risk-management.
  • The D.C. Lottery representative, Beth Bresnahan, offered a counterargument here, saying that the Lottery is well-equipped to handle sports wagering.
  • The Lottery is also looking to launch first with mobile/online offerings, then transition to retail offerings — a clear contrast with every other state to legalize sports wagering so far.  D.C. is also in a unique position to do this: there are no commercial or tribal casinos in D.C., nor any pari-mutuel options.
  • One witness noted that in West Virginia, the state Lottery is tasked with regulatory oversight of sports wagering licensees: all five state casinos are licensed (or in the process) and to our knowledge, the lottery itself is not yet offering sports betting-style games.
  • Bresnahan noted that there’s about 1 million people in the District that could join the legal market.  She said that in terms of putting together a responsible gaming monitoring and capturing dollars for to DC, the Lottery is in best position to do that.

As usual, the National Basketball Association objected to the absence of certain provisions in this law, and enumerated the provisions desired by the NBA as well as fellow pro leagues Major League Baseball and the PGA Tour.

Read the full post – Lawmakers Pushing For Legal Sports Betting In Washington D.C., Possibly With Mobile Betting Before Retail at SportsHandle.

Read More 620 Words

Sports Betting Launches In New Mexico: ‘We Expect A Big Weekend’

The post Sports Betting Launches In New Mexico: ‘We Expect A Big Weekend’ appeared first on SportsHandle.

The Santa Ana Star Casino & Hotel, a tribal gaming operation near Albuquerque, New Mexico, is now the first Western U.S. state to join Nevada in offering full-fledged sports betting in a

The post Sports Betting Launches In New Mexico: ‘We Expect A Big Weekend’ appeared first on SportsHandle.

The Santa Ana Star Casino & Hotel, a tribal gaming operation near Albuquerque, New Mexico, is now the first Western U.S. state to join Nevada in offering full-fledged sports betting in a legal environment.

The first bet, made Tuesday at noon Mountain Time, was a $30 money line win ticket on the Astros to beat the Red Sox (-128) in game four of their ALCS contest Tuesday. The Red Sox lost 8-2.  

Las Vegas-based USBookmaking is risk manager for the Santa Ana Star, in operation since 1993 by Tamaya Nation at the Pueblo of Santa Ana. US Bookmaking Director of Operations John Salerno told Sports Handle, it’s a B2B operation utilizing the Stadium betting platform with all employees working directly for the property. It has four windows for taking bets and will be open daily from 12 p.m. until 8 p.m., with expanded hours on weekends.

 
 

Read more Sports Betting Launches In New Mexico: ‘We Expect A Big Weekend’ on SportsHandle.

Read More 119 Words

NFL Week 7: Over and Under Best Bets

This NFL season, with sports betting expected to be a more common and accepted practice, we're making a point to look beyond point spreads and analyze often-neglected totals. As part of that approach, we're offering up our favorite bet over and favorite under each week. 

Over and Under Best Bets

Over of

This NFL season, with sports betting expected to be a more common and accepted practice, we’re making a point to look beyond point spreads and analyze often-neglected totals. As part of that approach, we’re offering up our favorite bet over and favorite under each week. 

Over and Under Best Bets

Over of the week: New England Patriots at Chicago Bears

Total: 49.5

New England has scored 38-plus points in three straight games, and more than 60 points were scored in each of their last two affairs. Meanwhile, the Chicago offense has really made strides, with Mitchell Trubisky and Co. combining for 76 points in their last two games.

Throw in that the Chicago defense looked extremely vulnerable against the Miami Dolphins in Week 6 and that the New England D has surrendered 57 points in two road games and this looks and feels like an obvious 55-plus point game.

The total might be below 50 because the Bears still rate well on defense and there might be concerns about the consistency of the Chicago offense, but nobody is stopping the Pats right now and it’s time to start believing in that loaded Bears attack.

This thing should hit the 50s with plenty of room to spare.

Predicted score: Patriots 33, Bears 30

Under of the week: Houston Texans at Jacksonville Jaguars

Total: 43

Both the Houston Texans and Jacksonville Jaguars rank in the bottom 12 offensively and the top 12 defensively, and the Texans managed just 14 points in two games against the Jaguars last year.

So why do sportsbooks believe these two will combine for 43 on Sunday?

It could have to do with the fact the vaunted Jags defense has suddenly given up 70 points the last two weeks. But those games came on the road. At home this year, Jacksonville has surrendered just 13.7 points per game. They should bounce back from a tough stretch against a Texans offense that has been held to 22 or fewer points in five of six games.

It’s still hard to trust Blake Bortles and a depleted Jags offense, but that unit might not need more than 20 against Houston.

Predicted score: Jaguars 23, Texans 13

Good luck, we’re all counting on you. 

Previous results
Last week: 2-0
2018 season: 7-5

Brad Gagnon has covered the NFL since 2007 and is a member of the Professional Football Writers of America, despite the fact he actually lives in Canada. The Toronto-based sports journalist’s work can also be seen at Bleacher Report, CBS Sports, Awful Announcing and The Guardian. He can be found on Twitter @brad_gagnon

Read More 302 Words

Heisman Trophy Winner Props: Updated through Week 7

Tua Tagovailoa remains the favorite, but Kyler Murray and Dwayne Haskins close the gap and both jump to 3/1.

Note: The change column indicates the percentage change in the odds of each player. Positive change labeled in green means the player is getting bet and his odds are lower, while the negative change in red

Tua Tagovailoa remains the favorite, but Kyler Murray and Dwayne Haskins close the gap and both jump to 3/1.

Note: The change column indicates the percentage change in the odds of each player. Positive change labeled in green means the player is getting bet and his odds are lower, while the negative change in red means the player’s odds have regressed.

Heisman Trophy Winner Props


Martin is a data analyst that has been applauded for his ability to make the complex simple. He grew up on a farm in northern Vermont and spent his summers helping his mom lead llama treks at Smugglers’ Notch Resort.

Martin graduated from University of Vermont with a degree in Mathematics. After graduation he left Vermont to work for an educational nonprofit called City Year for two years, and followed that up by attending the data science immersive program at Galvanize in Denver. He is an avid Green Bay Packer fan, and spends his free time playing football and soccer.

Read More 7 Words

‘Lookahead Lines’: Rams-49ers Line Tightens, Titans Out to 6.5 At Chargers

The post ‘Lookahead Lines’: Rams-49ers Line Tightens, Titans Out to 6.5 At Chargers appeared first on SportsHandle.

Every week, Sports Handle will look at NFL lines, specifically “lookahead lines,” to see how they’re moving and why. Lookahead lines are those posted one week prior to a game or even

The post ‘Lookahead Lines’: Rams-49ers Line Tightens, Titans Out to 6.5 At Chargers appeared first on SportsHandle.

Every week, Sports Handle will look at NFL lines, specifically “lookahead lines,” to see how they’re moving and why. Lookahead lines are those posted one week prior to a game or even before the season has begun, as CG Technology does.

By comparing changes between current lines and the numbers hung days earlier, we can get a sense of where recency bias or overreactions are seeping in.

We’ll highlight the significant shifts, look for value and suggest when it’s a good idea to get behind or stay away from certain teams. Here’s a look at the Week NFL 7 line moves and what it means for bettors. (Note: odds indicated based on current numbers at several Las Vegas sportsbooks.)

Week 7 NFL Lines: Titans See Big Swing After Drubbing to Baltimore, 49ers-Rams Tightens  

nfl week 7 betting titans chargers line


Tennessee Titans at Los Angeles Chargers (-6.5)

The perception of these two teams has really changed since Sunday. The Chargers are now close to a touchdown favorite after the SuperBook listed them at -3 last week when it released its early lines. Los Angeles is coming off a 38-14 blowout win in Cleveland, while the Titans suffered an ugly 21-0 home loss to the Ravens where quarterback Marcus Mariota was sacked 11 times.  Tennessee had won three straight by a field goal over the Texans, Jaguars and Eagles but since then has dropped back-to-back games to the Bills and Ravens, falling 13-12 at Buffalo with all 12 points coming on Ryan Succop field goals. Tennessee has now failed to score an offensive touchdown in three of its six games this year.

Meanwhile, the Chargers have lost only to the Chiefs and Rams, who are a combined 11-1. Despite the Chargers having a record just one game better than the Titans, oddsmakers view these teams as going in opposite directions and the line now reflects that. But — is that substantial 3.5-point swing an overreaction? It looks like Titans or pass in this spot.


Cleveland Browns at Tampa Bay Buccaneers (-3)

The Browns, featured on the most recent season of HBO’s Hard Knocks, have been a favorite of bettors dating back to the summer when the SuperBook had them as one of their biggest liabilities to win the Super Bowl. That love has subsided a bit after Cleveland got hammered at home by the Chargers last week as one-point underdogs.

The Bucs were -1.5 last week at the SuperBook and that line has now settled at 3.  The Buccaneers lost a shootout to the Falcons 34-29 last week but there seems to be more faith in them with Jameis Winston at quarterback rather than journeyman rollercoaster Ryan Fitzpatrick. Note that Browns quarterback Baker Mayfield injured his ankle against the Chargers but he’s expected to play on Sunday. The oddsmakers have been giving Cleveland (4-2 ATS) a lot of respect this year, although this is a time where there looks to be some value taking the Browns, catching the field goal. 

Cleveland has just one win but two of their losses are by three points. Now the offense can dig into the Buccaneers’ 31st ranked defense, now under the direction of linebackers coach Mark Duffner after defensive coordinator Mike Smith was fired on Monday. Browns offer line that’s 1.5 points higher than last week and are worth a look, assuming Mayfield plays.


New Orleans Saints at Baltimore Ravens (-2.5)

The Ravens are coming off the most dominant defensive performance of the season in their 21-0 shutout of the Titans where the team recorded 11 sacks, one shy of the NFL record. As mentioned above, the game changed the perception of Tennessee. It also changed public perception of Baltimore.

The Ravens were a pick’em in this spot last week at the SuperBook and that number moved to 2.5 when the lines were released Sunday at most sportsbooks. 

The Saints had a bye last week but have won four straight and are coming off blowout wins over the Giants and Redskins. It will be interesting to see if this number reaches three. Either way, the value lies with the Saints. The Ravens’ defense is good but not as good as it looked last week versus the hapless Titans offense. Drew Brees and the Saints present a much bigger challenge.

Watch this line and see where it goes. The Saints are 9-1 ATS in their last 10 games coming off a bye and 16-5 ATS their last 21 on the road. If New Orleans gets to +3, give the Saints serious consideration.


Los Angeles Rams (-10) at San Francisco 49ers

This number has seen a lot movement since the summer when the 49ers were a popular pick to make a playoff run. The perception of the team has obviously changed since San Francisco lost starting quarterback Jimmy Garoppolo for the season due to a knee injury.

It’s hard to believe now but the Rams opened -1 when CG Technology released its early lines in May, a number that ballooned to 12.5 last week at the SuperBook. After the 49ers performed well on Monday night and almost upset the Packers in Green Bay, the line has settled in at -10 at a majority of Las Vegas sports books.

Since C.J. Beathard replaced Garoppolo at quarterback, the 49ers are 2-1 ATS. They lost outright to the Cardinals as 3-point favorites yet covered twice as big underdogs (10 and 9 points) to the Chargers and Packers. San Francisco lost those two games by a combined five points.

The Rams are 0-3 ATS in their last three games and have been favored by at least a touchdown in all of them. The 49ers are coming off an emotional loss Monday night but they look like a live dog this week getting 10 points at home.

 

Don’t be a Square: Subscribe to our once-a-week newsletter for the latest sports betting news and insights
Get the latest content first.

 

 
 
We respect your privacy.
Don’t be a Square: Subscribe to our once-a-week newsletter for the latest sports betting news and insights
Get the latest content first.

 

 
 
We respect your privacy.

The post ‘Lookahead Lines’: Rams-49ers Line Tightens, Titans Out to 6.5 At Chargers appeared first on SportsHandle.

Read More 980 Words

Where Do Gubernatorial Candidates Stand on Sports Betting? West Edition

 

Thirty-six states will elect governors next month, and we at Sports Handle wondered if sports betting ranks among the key issues in any state elections — or as a topic of campaign trail conversation at all.

In most cases, sports betting is not a hot topic and likely won’t be a deciding factor

 

Thirty-six states will elect governors next month, and we at Sports Handle wondered if sports betting ranks among the key issues in any state elections — or as a topic of campaign trail conversation at all.

In most cases, sports betting is not a hot topic and likely won’t be a deciding factor in electing a governor (although there are single issue voters on very issue), but there are some states in which the legislature has been actively exploring sports betting and having a “friendly” governor will speed the process in those states.

Using the Mighty Mississippi as our divider, we present our findings in two parts. Part I on the East is available here.

Read more Where Do Gubernatorial Candidates Stand on Sports Betting? West Edition on SportsHandle.

Read More 70 Words

Consensus Picks Shredded In Rough Week 6 In NFL SuperContest

To round out NFL Week 6, the Green Bay Packers (-9.5) gave little hint of a cover on Monday night against the visiting San Francisco 49ers in another vintage Aaron Rodgers performance in which the QB brought the Pack back from 30-23 for a 33-30 win as time expired.

Together with the Chiefs-Patriots Arena

To round out NFL Week 6, the Green Bay Packers (-9.5) gave little hint of a cover on Monday night against the visiting San Francisco 49ers in another vintage Aaron Rodgers performance in which the QB brought the Pack back from 30-23 for a 33-30 win as time expired.

Together with the Chiefs-Patriots Arena Football League-themed game on Sunday night, teams in the two primetime games combined for 146 points scored. But back to the point spreads that decide fates in the 3,120 player field competing for a $1.5 million top prize in the Westgate Las Vegas SuperContest: It was not a pretty picture for the most popular teams this week, which went 1-4 overall, the lone cover coming courtesy Pittsburgh at Cincinnati.

Contestants collected a respectable 2.4 with two points apiece, a step up from Week 5’s 2.24, but let’s dig into what went wrong for top consensus picks New England, Jacksonville, Chicago and Indianapolis (figures via FantasySuperContest). Here’s the weekly snapshot, then we’ll dig into the consensus picks and a bit more below:

  • Favorites vs Underdogs (ATS): 9-5-1
  • Home vs Away (ATS): 6-8-1
  • Over/Under record: 10-6
  • Straight up underdog wins:  5
 

Read more Consensus Picks Shredded In Rough Week 6 In NFL SuperContest  on SportsHandle.

Read More 145 Words

Ballin’ on a Budget Week 6 Results

The Patriots came so close to putting us very much in the green, but their inability to hold a double-digit halftime lead put our dreams on hold. Still, as it was, we had a very good week, going 3-1-1, making it our fifth week out of six where we avoided going under .500.

The Patriots came so close to putting us very much in the green, but their inability to hold a double-digit halftime lead put our dreams on hold. Still, as it was, we had a very good week, going 3-1-1, making it our fifth week out of six where we avoided going under .500. Unfortunately, we took a shot with $10 of our $20 budget on the Patriots, so that game was where all the money was this week.

That being said, we still grabbed a return on investment of about 25 percent this week and have pulled almost exactly even on the season. Our pick percentage is also sitting at 56 percent, meaning that if it creeps a little bit higher in the coming weeks, we’ll be close to the professional standard of 60 percent.

LOSS: Panthers over Redskins (EVEN): Redskins 23, Panthers 17.

Oh, so close. Like I said, we had every reason to think the Panthers would drop this one, but their talent should have won out. Washington went up 17-0 and I gave up on Carolina. However, they climbed back into the game and were in the red zone when they failed to convert on fourth and 5 to end the game.

Cam Newton and Co. got hot just a little too late and they fell on the road to a Washington team that looked terrible a week ago. That’s just the NFL sometimes. The fact the Panthers even made this close at the end made this one exciting. Unfortunately, they couldn’t come through in the end. Total win: $0.

WIN: Seahawks -3 vs. Raiders (EVEN): Seahawks 27, Raiders 3.

They say the Seahawks are a different team away from home. They were REALLY far from home this week as this game was played in London, but it didn’t seem to affect Seattle. Russell Wilson and his talented receiving corps picked apart the Raiders secondary and dominated from the jump. Even more importantly for the Seahawks, the defense balled out as well, forcing turnover after turnover.

By the end of the first half, this one wasn’t in doubt and it felt good knowing we were going to have a game in the win column early in the day. We should also keep in mind that Seattle has been great against the spread this season, losing against it only once. Total win: $6.

WIN: Ravens -3 at Titans (-110): Ravens 21, Titans 0.

This game wasn’t the prettiest to watch, but Baltimore easily covered and that’s all we really care about. That defense is scary, now allowing just 12 total points over their last two games. They also found more ways to get Lamar Jackson involved in the offense and he provided a spark. We’ll keep this in mind for potential unders to bet in the future, although you can guess oddsmakers are probably already catching onto this defensive trend.

Tennessee has been feisty this season, ruining several spreads including when they came back and beat the Eagles in overtime to lose us a bet. They showed very little fight today, though, and just like Seattle, Baltimore provided us with plenty of breathing room and the confidence that we were in for a good week. Total win: $5.70.

WIN: Jaguars-Cowboys OVER 40.5 points: Cowboys 40, Jaguars 7.

I certainly can’t claim to have foreseen this outcome, but hey, it won us our bet. Nobody or their moms thought Dallas would put up 40 points on the Jaguars’ defense. It just doesn’t make sense. One of the NFL’s most anemic offenses simply torched the league’s best defense. Blake Bortles also looked terrible for the second week in a row. They have to get something figured out with him or they aren’t winning the division again.

After Dallas hopped out to a 24-0 lead, this seemed like a sure win since Jacksonville would be playing catch up, but it actually ended up being close. The Jags were never able to get anything going offensively, so thank goodness the Cowboys added another touchdown of insurance or this game would’ve ended at 33-7, good enough to break our hearts by half a point. Total win: $3.80.

PUSH: Patriots -3 vs. Chiefs (-110): Patriots 43, Chiefs 40.

We can’t ever have nice things, can we? We would have had a phenomenal day if the Patriots could have better protected their 15-point halftime lead, but I suppose we will settle for a push. New England looked unstoppable in the first half and Kansas City had to keep settling for field goals. In the second half, those field goals turned into trouble and allowed the Chiefs to take the lead at one point late.

It really would have been nice to chalk this one up in the win column and be way up for the season, but as it is, we’re moving on up and that pick percentage continues to rise as well. As we look ahead to next week, it again will be all about picking how much to put on each game. Our only problem this season has been putting small money on our winning picks. Let’s keep reversing that trend into Week 7. Total win: $10.

PIGGY BANK: $116.81 (-2.7% return on investment)

PICK PERCENTAGE: 56% (15-12-3)

Jacob Kornhauser is a sports reporter in Southern Oregon covering all sports, including Oregon and Oregon State athletics. He has been a national baseball writer for Bleacher Report and Rant Sports and has written two baseball books. He also specializes in sports betting analysis. He is a graduate of the University of Missouri Journalism School.

Read More 806 Words

The Analyst: In-Game Wagering One Of Best Bets To Make

For most casual sports bettors, making a bet on a game has less to do with careful analysis and seeking the best value for their bet and more to do with simply wanting to increase their excitement and interest in a particular game.

For the professional sports bettors, enthusiasm for a game is a distraction

For most casual sports bettors, making a bet on a game has less to do with careful analysis and seeking the best value for their bet and more to do with simply wanting to increase their excitement and interest in a particular game.

For the professional sports bettors, enthusiasm for a game is a distraction while they are gathering and studying information looking for advantages where the book has a bad line on a game or is behind in updating a line for new information related to a game.  Then there are my favorites, the math geeks who just look for opportunities in the wide range of lines available or connected to a team and or a particular game and look for opportunities to get plus money on both sides of a game.

Often times professional bettors are stigmatized as guys who are either trying to manipulate a betting line, or that pay for secret information on a team or players, or in the extreme that they might even fix a game or even try to delay when the books might learn of an important piece of game related information so that they can get a bet down first. In the old days (before cell phones and internet), when you got a piece of useful information you could take a little time to figure out how to best use the information, presuming the information of course was good. Which begs an interesting question “when is advance information cheating or not or is it simply survival of the fittest.”

Read more The Analyst: In-Game Wagering One Of Best Bets To Make on SportsHandle.

Read More 212 Words

Sports Betting on Agenda This Week In Indiana, Illinois and Washington, D.C.

Indiana, Illinois and the District of Columbia will have hearings on sports betting this week. Both the Indiana and Illinois hearings are informational, ahead of the midterm elections and winter sessions, while the D.C. Council hearing could be the first step in legalizing sports betting before the end of the year.

Indiana, Illinois and the District of Columbia will have hearings on sports betting this week. Both the Indiana and Illinois hearings are informational, ahead of the midterm elections and winter sessions, while the D.C. Council hearing could be the first step in legalizing sports betting before the end of the year.

In Indiana, the Interim Study Committee on Public Policy, chaired by Representative Ben Smaltz (R-District 52) will hear public testimony and have a committee discussion about legal sports betting before issuing a recommendation on the topic on Friday beginning at 12 p.m. ET.  The Indiana General Assembly adjourned in March without legalizing sports betting.

Sports betting was definitely a hot topic among some members of the assembly, and in January, Representative Alan Morrison (R-District 42) introduced HB 1325, a sports wagering bill that marked the first appearance of a bill containing several pro leagues’ “Model Legislation” language and a 1 percent “integrity fee” that they’ve been after.  The bill died in committee and no additional legislation was introduced before the session closed. On the Senate side, Jon Ford (R-District 38) also introduced legislation, but it, too, died in committee.

 

Read more Sports Betting on Agenda This Week In Indiana, Illinois and Washington, D.C. on SportsHandle.

Read More 144 Words

KY Lawmakers Closing In On Sports Betting Bill to Pass in ’19, Hone In On Final Key Issues

Expect Kentucky to among the first movers on sports betting when the state legislature goes back into the session in January. On Friday, state lawmakers heard from a bevy of sports betting and gaming professionals during a hearing before the Interim Joint Committee on Licensing, Occupations and Administrative Regulations. It was the second

Expect Kentucky to among the first movers on sports betting when the state legislature goes back into the session in January. On Friday, state lawmakers heard from a bevy of sports betting and gaming professionals during a hearing before the Interim Joint Committee on Licensing, Occupations and Administrative Regulations. It was the second such meeting before an interim joint committee ahead of Kentucky’s 2019 session.

“I think you definitely will see one if not multiple bills in Kentucky,” said Global Market Advisors’ Director of Government Affairs Brendan Bussman. “There is definitely a will within some of the active members there who want to bring this up, and there is no reason why they shouldn’t.”

Though the hearing was comprehensive and there were plenty of questions from legislators, it’s unlikely that much will happen in the next month ahead of mid-term elections. That said, a sports betting bill was pre-filed earlier this year, a second is in the works, according to a source, and there could be more to come.

 

Read more KY Lawmakers Closing In On Sports Betting Bill to Pass in ’19, Hone In On Final Key Issues on SportsHandle.

Read More 132 Words