El Presidente of Barstool chose Safemoon as HIS shitcoin to ride or die with. Ultimately, Barstool Sportsbook should accept Safemoon as a method of deposit and withdrawal! Cmon! This will be huge!
DraftKings and the National Football League (NFL) announced today that DraftKings will become an Official Sports Betting Partner of the League and extend its current relationship as the exclusive Official Daily Fantasy Partner.
“The way fans consume sports years from now will look drastically different, and it will be due in part to forward-thinking collaborations like our expanded relationship with the NFL today as an Official Sports Betting Partner and the exclusive Daily Fantasy Sports Partner,” said Jason Robins, CEO, chairman and co-founder, DraftKings. “We share the same vision as the NFL on fan engagement and believe this agreement will lead to new innovations that will ultimately enhance both the product on the field and on the screen.”
As an Official Sports Betting Partner of the NFL, DraftKings will have the right to integrate relevant sports betting content directly into NFL Media properties including NFL.com and the NFL App. As part of the agreement, DraftKings will utilize the NFL’s official League data feed. DraftKings will also be able to enhance their fan experience with NFL highlights, footage and Next Gen States content.
https://www.globenewswire.com/news-release/2021/04/15/2211253/0/en/DraftKings-Named-an-Official-Sports-Betting-Partner-of-the-National-Football-League.html
One lucrative industry is going through massive growth caused by the speedy de-regulation and legalization throughout the U.S. This market is… Online Sports Betting (OSB). We will be taking a bird’s eye view into the one and only DraftKings.
Why DraftKings?
DraftKings is already a market leader with roughly 20-40% market share (this varies by state). Their main competitors are FanDuel who has yet to IPO. Close 2nd and 3rds are Dave Portnoy's Barstool app and BetMGM.
FanDuel and DraftKings have such a huge lead in front of the market because they've been able to transition their Fantasy Sports apps into OSB. This is all about branding. When you think fantasy sports and the possibility of being able to bet on them it's only natural you think of DraftKings, FanDuel, or now Dave Portnoy who is becoming more relevant with Barstool. DraftKing's branding started years ago with their entry into the fantasy sports market and they are now plastered on all things sports.
Sports-betting is still a small piece of the pie when it comes to anything Casino or gambling, but the covid lockdowns have started transitioning the legalization of Online Sports Betting at a faster pace. This is the result of massive policy changes that help both DraftKings increase their addressable market and eventually governments who will also take a cut via taxes.
The way it is:
Governments taking people’s money directly from taxes = BAD.
Governments legalizing lucrative industries and taxing the crap out of them = GOOD.
The Online Gambling industry is set to go through hyper-growth over the next 10 years. Here’s a forecast done by GrandViewResearch
What makes DraftKings an alluring investment? For the most part DraftKing's revenues are RECURRING. Remember, although this is "gambling" many people enjoy OSB as a hobby and losing (or winning) money is all part of having “fun”. The goal of most online gambling apps/companies right now is all about user acquisition and paying whatever it takes to secure their market share. This is a tactic for those with deep pockets and willing to spend as the cost of acquisition per user racks up FAST. The two ways these companies are acquiring customers are through:
-
Huge marketing and advertising expenditures. This includes things such as having their brand name displayed in the background during athlete interviews or on the banners at live sports events.
-
The second and equally expensive route is by offering each user a bonus just for signi
Let's make some money!
The Virginia Lottery has released its sports wagering revenue report for the month of March revealing a sports betting handle of $304,066,245 with college basketball the most popular sport among bettors. The latest figures represent a 12.6% increase on February’s handle of $265,778,306.
In what was only the second full month of sports betting within the state, sports fans wagered $83,572,156 on the March Madness tournament accounting for 27.48 % of total wagers for the month.
The state’s six licensed sportsbook operators reported a combined 8.74% win percentage (hold) with bettors winning $277,492,368. Operators also reported issuing $10.34 million in bonuses and free-play incentives in March resulting in adjusted gross revenue (AGR) of $13,845,012.
Only three operators reported a positive AGR for the month generating state taxes of $1,183,487.58.
Churchill Downs Incorporated (CDI) has announced the launch of its TwinSpires sports betting app in Colorado and Indiana, and the launch of TwinSpires Casino and Sports app in Pennsylvania. The launches come just in time for the 2021 Kentucky Derby which takes place on Saturday May 1st.
Customers within all three states will have access to sports betting across multiple professional sports alongside collegiate sporting events. TwinSpires customers in Pennsylvania will also have access to online real money casino games such as roulette and blackjack, as well as a variety of online slots and live dealer games.
Speaking in a press release on the Churchill Downs website, TwinSpires president Ian Williams said:
>“WE ARE EXCITED TO OFFER OUR STATE-OF-THE-ART SPORTSBOOK APP AND MARKET LEADING PROMOTIONS IN INDIANA, PENNSYLVANIA AND COLORADO A WEEK BEFORE OUR BIGGEST EVENT OF THE YEAR, THE KENTUCKY DERBY.
BECAUSE WE ARE BACKED BY CHURCHILL DOWNS, THE HOME OF THE KENTUCKY DERBY, WE CAN LEVERAGE NEARLY 150 YEARS OF WAGERING HISTORY TO OFFER THE BEST SPORTS BETTING EXPERIENCE. NOW PLAYERS IN THESE STATES CAN PLACE THEIR BETS ON BOTH SPORTS AND NEXT SATURDAY’S RUN FOR THE ROSES THROUGH TWINSPIRES.”
Since rebranding its sportsbooks and online gaming to TwinSpires in January 2021, Churchill Downs has overseen the launch of sports betting apps in Michigan and Tennessee. The latest launches see the brand now available in 5 states with more expected to follow in the near future.
For those of you who are not aware, Arizona Governor Doug Ducey, signed a new gambling bill into law today that will allow for Sports Betting in the state. Up until now, the only gambling allowed within Arizona has been on Reservation Land, and has been extremely limited (no sports books, etc). https://www.azcentral.com/story/money/business/consumers/2021/04/13/sports-betting-arizona-when-start-how-work/7205875002/
This new bill expands the current gambling permit-structure away from being limited to Arizona Tribes, now allowing for the owners of Professional Sports Franchises within the state to also attain licenses.
Flash back to July 29, 2019, and the Arizona Coyotes finalized a majority sale of the team to Cuban-American billionaire, Alex Muruelo. Eventually, after his acquisition of the team, rumors began to swirl that one of his primary interests in owning this franchise in particular revolved around a potential new Arizona Betting law, the same law that was passed today.
The significance of today's bill passage is as follows:
-
Muruelo is the current owner of the Grand Sierra Resort in Las Vegas. The passage of this bill makes him the first Vegas Owner to gain a foothold in the Arizona Gambling market. The provisions of the bill ensure that unless any other competitors of his from Vegas acquire a Major Sports Franchise, they will not be able to compete within the state.
-
Muruelo can only maintain this license so long as he is the owner of the Arizona Coyotes. There are other stipulations within the bill as to where gambling is allowed, but he only maintains his foothold so long as he owns the team and they are in Arizona.
-
The revenue generated for the Muruelo group from this gambling expansion is projected to more than cover the costs of the team, even if their net-revenue was zero (which is not the case anyways).
Ie, the passing of the new Sports Betting Bill in Arizona essentially cements into stone a long term future between the team and the State. With Muruelo's primary interest being the expansion of his gambling 'empire,' and no further Gambling Amendments being considered in State Law currently, Muruelo will need to ensure that the Coyotes remain in Arizona
Quick side note, prior to the start of the bubble, Muruelo hinted to the Coyotes fan-base that they were aggressively pursuing a new arena option, and that it had been delayed significantly because of COVID-19 (https://www.azcentral.com/story/sports/nhl/coyotes/2020/06
... keep reading on reddit ➡You know when you go into a casino and you tell the person behind the counter can I get $120 on Miami Heat ML or something. How much does that person make an hour placing your bets?
Hello Reddit Fam!
It is great to see that people were interested in bankroll management.
I have been sports betting for about 5 years now and have been through a bunch of ups and downs until I found a system that worked for me. I am not sure if it will work for everyone but my system helped me on days where nothing was going right.
When I first started out sports betting I went in with $100. I would bet by looking for the underdog or big parlay to make a quick buck and be happy. It worked the first few times but then greed always kicks in and I seemed to never be able to stay in the positive. I tried this for a year and it was very inconsistent. When you see other people hitting a $15.00 parlay for $1000.00 it makes you want to do the same as well. How many people are actually hitting those +1000 odds parlay consistently? I would have to say not too many.
This is when I learned about the unit system. With the unit system, 1 Unit = 1% of your bankroll. I deposited another $100.00 into my account. I won a few games and it felt like I was making pennies on the dollar. It wasn't fun at all. So I decided to up my units to $25.00/unit... I hit a few games made a bit of profit. Then I had a bad day where my bankroll was at $250.00 and I lost $150.00 that day. I became tilted and threw $100.00 on a +250 underdog to try to make my money back. It didn't work and I back to ground zero. So I deposited another $100.00 trying to chase back the money I had lost and threw it all on another match that same day. I lost again and was now down -$200.00. This happened to me multiple times for about a year.
It wasn't until about 3 years ago I decided to really learn about bankroll management and controlling my emotions. These are the rules I go by with now.
Step 1: Determine The Size Of Your BankrollThis is the most important step. This will vary between each person, but THE MOST IMPORANT THING IS NEVER DEPOSIT MORE MONEY THAN YOU CAN AFFORD TO LOSE. Go in with the mindset that this is money that you have already lost and handed over to Vegas.
Step 2: Choose A Unit SizeI personally believe this is the most important and difficult step. 1 UNIT = 1% of your bankroll. If your bankroll is $100... 1 Unit = $1.... If your bankroll is $10000... 1 Unit = $100. It is definitely easier when you have a bigger bankroll to make more money than the bettor who has a smaller bankroll.
Step 3: Choose A Unit Size & STICK WITH IT/Choose A Unit Amount On Each WagerSmall Bankroll Bettor
... keep reading on reddit ➡
Florida will be latest state to add sports betting if new proposal is approved
Potential 500 mil in rev for Florida if passed. One week left in legislative session will likely push this through, though a special session could be called.
Let's be real though, none of those legislators want to work overtime. DKNG 4/30 60c
Sports betting meets DeFi.
Go head-to-head with friends for bragging rights, SportOn points or something else.
Cash in points for real-value prizes.
App launching next week.
$SPORTON makes it easier, faster and safer to get in the game!
Available on Pancakeswap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xabe38b6be7a3e5f581c0a7183e9b6fe9258d32f7
Tele: /sportongroupchat
Max supply : 1 trillion
⚽️9% Tax per transaction
🥊8% Redistribution back to holders
⚾️1% To our Auto-Locked Liquidity Pool
🏌️♂️Liquidity Locked for 6 moths & 🔒 Ownership Renounced
Contract: https://bscscan.com/token/0xabe38b6be7a3e5f581c0a7183e9b6fe9258d32f7
Ownership renounced: https://bscscan.com/tx/0x783aba4869346dc89fdd78fd42cf11624b043f671b06d00ac5984cf01139ec46
Locked Liquidity Pool: https://bscscan.com/tx/0x501557c4e4d441051a3272dd23e7d0789db033f57d080e1aef54ca384cb4d721
GME share owner here.
I’m a bit exhausted with the talks about Ryan the savior rallying the board to transform GME into the next Chewy. Sound approach, but I still see a ceiling with that. Becoming an online Amazon for gaming sounds ok but doesn’t wow me.
What would I do?
Get GME get into eSports betting. Create an online proprietary platform or partner with an existing betting platform, use their existing storefront footprint to create OTBs for people to gather and watch eSport tournaments.
Expanding on that more, getting into the crypto market and create a GME Stable Coin for placing and cashing out bets. Seems solid outside of both gambling and crypto being highly regulated. But if given the licenses.
That is the outside of the box thinking I want!
Pie in the sky idea: Become a strategic partner with AMC to transform movies theaters into large eSport venues.
Ohio State has announced further details from their upcoming sports-betting bill at a press-conference this morning. Bill sponsor Senator Kirk Schuring explained the that two different licenses will be available with a total of 40 available.
Details emerging:
40 potential licenses will be issued at a cost of $1,000,000 per license. They will come in two distinct types:
- Type A – 20 Licences
- Type B – 20 Licences
Sen. Schuring explained that Type A licenses would be available to existing facilities that can “bank the bet”- which includes the state’s existing racinos and 11 casinos. License holders will have the ability to partner with operators who offer mobile gambling and casino apps.
>“TYPE A LICENSE IS A LICENSEE WHO HAS A FACILITY, MANY OF THEM ARE ALREADY IN EXISTENCE, WHERE THEY CAN BANK THE BET,”.. “UNDER THE TYPE A LICENSE THEY CAN HIRE, AS AN OPERATOR, A MOBILE APPLICATION. NOW I’M NOT SHOWING PREFERENCE TO ANYBODY, BUT JUST TO MAKE SURE WHAT WE’RE TALKING ABOUT, IT’S THE FANDUELS, DRAFTKINGS, BARSTOOL, WHATEVER. WE’RE GOING TO LET THE FREE MARKET DECIDE THAT. AND IF THEY WANT TO PARTNER WITH A MOBILE APPLICATION, THOSE ENTITIES CAN DO THAT.”
Schuring made sure to point out that Ohio will operate an open, free market – welcoming new existing operators to compete in the market.
“We believe in the free market, so if there’s another entity out there right now, notwithstanding the 11 we’re talking about, that can come up with the money to bank the bet, come to Ohio… We want you to come to Ohio.”
More information will be released soon.
Type B Licences: Sen Schuring explained what the Type B licenses would cover:
>“A CLASS B LICENSE SPORTSBOOK IS A BRICK-AND-MORTAR SPORTSBOOK” .. “THERE’S A NEW PHENOMENON OUT THERE RIGHT NOW, IT’S CALLED PROPOSITION BETTING. AND SO WHAT WE’RE SAYING IS UNDER A CLASS B LICENSE, A BRICK-AND-MORTAR SPORTSBOOK, YOU CAN OPEN UP A FACILITY WITH BIG SCREEN TVS AND MOBILE APPS AND PROPOSITION BETTING. WE THINK IT WILL BE AN ECONOMIC DEVELOPMENT TOOL FOR OHIO.”
Other takeaways from Sen Schurings press-conference:
- Ohio’s Casino Control Commission will be be the regulator for the sportsbook industry
- The state’s Casino control commission is responsible for deciding whether betting on collegiate sports will be permitted
- The tax rate will be 10%
- The $1m license fee will e
Much anticipated New York approval for its budget in the fiscal year 2022.
New York Gov Cuomo has said he wants to run the state's sports betting industry through the New York Lottery, which is run by the government. Under his plan, the New York state Lottery would issue requests for proposals from only a few mobile betting operators, which it could then license out to other sportsbook operators.
This is somewhat different from how other states run online sports betting. States like Pennsylvania and New Jersey allow for several casinos to legally operate, forcing higher competition for customers.
In this case the state runs the lottery and the state gets the revenue. Stocks like DKNG up 2.52% after hours, MGM 1.13% AH, PENN 1.1% AH.
As a long time DKNG holder I’m excited and hoping this can be a good catalyst. It’s only a matter of time as more and more states officially legalize online gambling.
https://www.governor.ny.gov/news/governor-cuomo-and-legislative-leaders-announce-agreement-fy-2022-budget
https://www.nydailynews.com/news/politics/new-york-elections-government/ny-cuomo-sports-betting-revenue-20210106-ukzlf4keorecvpkafplwyu767i-story.html
Alright everybody, here’s the announcement we have been teasing! Behind the scenes, as many of you know, the Mello team has been working on A LOT…
Many things have been in the works for some time, and unfortunately, we can’t announce everything right now, but we are excited that we get to share this with our community today!
The Mello / Gammastack partnership has expanded…From the beginning, the Mello team has been fully transparent with our community. We have consistently provided detailed updates regarding our progress. This announcement has been long awaited by members of the Mello core team..
Now that all plans have been finalized, we can officially share with the community that, with the help of Gammastack, we will be implementing a sports betting platform into the first-iteration of the Mello Casino. Official agreements have been signed, and development processes are underway!!!
GET EXCITED and PUMP this out there, everyone!!! It’s time to wipe out any doubt and show that Mello is here to stay… to provide only the best of the best for our holders!!
KEEP IT MELLO!
WEBSITE: https://mellotoken.com/BSCSCAN: https://bscscan.com/token/0x651bfbb26455294408aabc61a7adf427bf149898CHART: https://poocoin.app/tokens/0x651bfbb26455294408aabc61a7adf427bf149898
https://preview.redd.it/165naq64xxw61.png?width=1080&format=png&auto=webp&s=5eab9d8cdb970220550b59e01f6021629c6bd79f
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
Let's make some money!
One lucrative industry is going through massive growth caused by the speedy de-regulation and legalization throughout the U.S. This market is… Online Sports Betting (OSB). We will be taking a bird’s eye view into the one and only DraftKings.
Why DraftKings?
DraftKings is already a market leader with roughly 20-40% market share (this varies by state). Their main competitors are FanDuel who has yet to IPO. Close 2nd and 3rds are Dave Portnoy's Barstool app and BetMGM.
FanDuel and DraftKings have such a huge lead in front of the market because they've been able to transition their Fantasy Sports apps into OSB. This is all about branding. When you think fantasy sports and the possibility of being able to bet on them it's only natural you think of DraftKings, FanDuel, or now Dave Portnoy who is becoming more relevant with Barstool. DraftKing's branding started years ago with their entry into the fantasy sports market and they are now plastered on all things sports.
Sports-betting is still a small piece of the pie when it comes to anything Casino or gambling, but the covid lockdowns have started transitioning the legalization of Online Sports Betting at a faster pace. This is the result of massive policy changes that help both DraftKings increase their addressable market and eventually governments who will also take a cut via taxes.
The way it is:
Governments taking people’s money directly from taxes = BAD.
Governments legalizing lucrative industries and taxing the crap out of them = GOOD.
The Online Gambling industry is set to go through hyper-growth over the next 10 years. Here’s a forecast done by GrandViewResearch
What makes DraftKings an alluring investment? For the most part DraftKing's revenues are RECURRING. Remember, although this is "gambling" many people enjoy OSB as a hobby and losing (or winning) money is all part of having “fun”. The goal of most online gambling apps/companies right now is all about user acquisition and paying whatever it takes to secure their market share. This is a tactic for those with deep pockets and willing to spend as the cost of acquisition per user racks up FAST. The two ways these companies are acquiring customers are through:
- Huge marketing and advertising expenditures. This includes things such as having their brand name displayed in the background during athlete interviews or on the banners at live sports events.
- The second and equally expensive route is by offering each user a bonus just for signin
Let's make some money!
Let's make some money!
Let's make some money!
