MGM, Caesars Among Founding Members of Sports Betting Integrity Monitoring Group

MGM and Caesars are among the members of a new not-for-profit that will monitor integrity in sports betting. The organization, the Sports Wagering Integrity Monitoring Association, will bring together key gaming stakeholders, including state and tribal regulatory bodies, federal, state and tribal law enforcement, in an effort to uncover and prevent fraud and other illegal activities related to sports betting and sporting events.

The group is modeled after the Europe Sport Security Association which monitors sports betting and sports events for fraud. 888Sport, PaddyPower/BetFair and William Hill are among ESSA’s members. According to SportTechie.com, ESSA was involved in the creation of SWIMA and the two organizations plan to work together to monitor integrity.

 
 

Read more MGM, Caesars Among Founding Members of Sports Betting Integrity Monitoring Group on SportsHandle.

‘Pro Football Handle’: NFL Week 12 Breakdown, Thanksgiving, Steelers-Broncos and More

On The Pro Football Handle, brought to you by PropSwap.com, 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 Thanksgiving Week! None of these are marquee games, but it’s one of the three biggest handles of the year. Everyone’s on the favorite and the over.  Then on Sunday, Robert wonders, have the Texans rattled off the most fraudulent 7-game winning streak in the history of sports, including Little League baseball? Steelers-Broncos will probably be the biggest decision of the week. Get the full breakdown.

Spotify fans go here to listen. Download the PropSwap app for iOS systems here and Android here. Time codes for the episode follow below.


1:18: The most exciting time of year to be a bettor.

1:46: Few words on college basketball.

2:34: Thanksgiving Day games and handle

3:25: Washington Redskins QB Alex Smith’s potentially career-ending injury and legacy.

7:44: Chicago Bears -3 at Detroit Lions: Chase Daniels makes the third start of his career.

8:40: Washington Redskins +7.5 at Dallas Cowboys: Too many points for this game.

9:49: More bets on Atlanta or the under? No one wants to bet against New Orleans.

10:31 — PropSwap.com Futures Focus  — More than just a futures marketplace, check out PropSwap for favorable real-time betting opportunities and get 10% off your first purchase by visiting PropSwap.com/Handle.

15:01: Jacksonville Jaguars -3 at Buffalo Bills — The Shock Bowl: This game only matters to sports bettors. Blake Bortles is a problem and the Bills are in tank mode.

18:39: Oakland Raiders +10.5 at Baltimore Ravens — The public does not like the Falcons.

23:33: San Francisco 49ers +3.5 at Tampa Bay Buccaneers — What are the Bucs even doing? Tampa needs to tank. If

26:48: New York Giants +6 at Philadelphia Eagles — The Eagles the worst defending Super Bowl Champions ever and the Giants are looking much better.

30:25: Cleveland Browns +3 at Cincinnati Bengals — The wheels are falling off for the Bengals and expect an increase in Cleveland money.

33:29: New England Patriots -9.5 at N.Y. Jets — NE doesn’t care what the score is as long as they win. Every parlay and teaser is on the Pats.

37:40: Arizona Cardinals +12 at L.A. Chargers — Anyone taking Arizona?

40:50:  Miami Dolphins +8 at Indianapolis Colts — Ryan Tannehill back but Andrew Luck hasn’t been sacked in about 5 weeks! He can pick ‘em apart with that kind of time.

42:00: Seattle Seahawks at Carolina Panthers — Seattle always a public team when getting points.

42:30: Pittsburgh Steelers -3 at Denver Broncos — Robert says this will probably be the book’s biggest decision of the week. Late money will all be on Pittsburgh.

43:30: Green Bay Packers +3.5 at Minnesota Vikings — Packers are live dog.

44:20: Tennessee Titans +6 at Houston Texans  — Robert loves Titans in this spot.

Have a profitable Week 12, folks. Have a profitable Week 10, folks. Thanks for listening and see you back next week, tell a friend, sign up for our newsletter and also check out the Cover City Podcast, featuring sports bettor Eric Rosenthal.

 

 
 

Hear more ‘Pro Football Handle’: NFL Week 12 Breakdown, Thanksgiving, Steelers-Broncos and More on SportsHandle.

Get a Grip: The Week in Sports Betting and Sports: PA Launch Has Arrived

The post Get a Grip: The Week in Sports Betting and Sports: PA Launch Has Arrived appeared first on SportsHandle.

It’s information overload everywhere, and there’s not time enough to sleep and eat and stay fully apprised of what’s happening on this crazy blue dot of ours (two out of three ain’t bad).

Here’s the weekend Sports Handle item, “Get a Grip,” recapping the week’s top stories, and rounding up key stories in sports betting, gaming, and the world of sports at large. You may have missed them, and they are worth reading.

12 Billion Reasons There Is So Much Hype Around Pennsylvania Sports Betting; Launch Pad Readies at Hollywood Penn 

The Hollywood Casino in Pennsylvania will make history on Saturday when it fully opens the first legal sportsbook in PA to the public. More than a year after legalizing sports betting, Pennsylvanians will finally be able to legally place a bet — and the state will begin to reap expected financial gains from sports betting. They already have, actually, in the form of $10 million application fee apiece from the six properties so far to apply for a sports wagering license.

Of the eight states that have legalized sports betting, Pennsylvania is the only that that has just about two of everything — NFL teams, MLB teams and NHL teams. The only pro sport with only one Pennsylvania franchise is the NBA.

 
 

Read more Get a Grip: The Week in Sports Betting and Sports: PA Launch Has Arrived on SportsHandle.

PA Sports Betting License Applications Keep Rolling In

The Pennsylvania Gaming Control Board received its sixth application for a sports betting license when the Valley Forge Casino Resort filed paperwork on Wednesday. Owned by Boyd Gaming, the sportsbook will be run by FanDuel, which also partnered with Boyd Gaming for “sports betting and online gaming opportunities across the United States,” in August. FanDuel also runs the sportsbooks at two Boyd Gaming facilities in Mississippi, the IP Casino Resort Spa in Biloxi, and Sam’s Town Hotel & Gambling Hall in Tunica.

The PGCB says there is no set timetable for approving the application. The board’s next regularly scheduled meeting is Nov. 28, which likely is too soon for the application to be considered. It’s more likely to be on the agenda for one of the December meeting dates.

Five casinos have already been approved for sports betting licenses in Pennsylvania, and in each of those cases, it took a minimum of 5 1/2 weeks between the date of application and board approval. None of the casinos have opened sportsbooks to date.

Cover City’: NFL Week 10 Picks, Preview, Prop Bets With Will Applebee

The post Cover City’: NFL Week 10 Picks, Preview, Prop Bets With Will Applebee appeared first on SportsHandle.

Brought to you by PropSwap.com, 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.

Will Applebee @NOTSCWill aka @NotSportsCenter joins the program to break down Week 10 action.  The guys discuss which games to avoid (no matter how tempting) and where you should put your money for the best ROI. Don’t miss some surprising SuperContest picks, as well. Listen and go make some money this weekend.

Download the PropSwap app for iOS systems here and Android here, and right now, PropSwap is offering Cover City listeners 10% off their first purchase or sale. Just go to PropSwap.com/Handle to get 10% off.

Time codes for the episode follow below. Listen and subscribe on Spotify here.


1:50: Notre Dame -16.5 vs. Florida State.

7:54 Buffalo Bills +6.5 (or +7) at N.Y. Jets.

11:50 Atlanta Falcons -4 at Cleveland Browns.

14:10 New Orleans Saints -5 at Cincinnati Bengals.

15:40 Washington Redskins +2.5 at Tampa Bay Buccaneers.

18:05 New England Patriots -6.5 at Tennessee Titans.

21:53 Miami Dolphins +9.5 at Green Bay Packers.

24:14 Jacksonville Jaguars -3 at Indianapolis Colts.

25:33 Detroit Lions +6.5 at Chicago Bears.

30:33 Arizona Cardinals +16.5 at Kansas City Chiefs

33:40 PropSwap.com Futures Focus.

36:26 L.A. Chargers -10 at Oakland Raiders.

39:30 Seattle Seahawks +9.5  at L.A. Rams.

41:45 Dallas Cowboys +7 at Philadelphia Eagles.

44:55 NY Giants +3 at San Francisco 49ers.

48:36 Rosenthal’s SuperContest picks.


Also check out this week’s Pro Football Handle podcast!

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The post Cover City’: NFL Week 10 Picks, Preview, Prop Bets With Will Applebee appeared first on SportsHandle.

Breaking Down The NHL’s Partnership With FanDuel

The wall separating the major U.S. sports leagues and sports wagering world continues to crumble with the announcement of two new deals involving Daily Fantasy Sports (DFS) and sportsbook operator FanDuel.

FanDuel in its newly minted partnership with the National Hockey League (NHL) has additionally refocused attention on what was its core business as it continues its efforts to establish itself in emerging Nevada-style sports betting marketplaces.  

On Monday, the number two DFS company announced a multi-year partnership with the NHL, making FanDuel the “exclusive official daily fantasy partner and an official sports betting partner of the NHL.” The new deal also allows FanDuel customers to gain access to what it calls “special prizing,” such as VIP experiences to NHL major events including its All-Star Game and Winter Classic outdoor hockey game.

Read more Breaking Down The NHL’s Partnership With FanDuel on SportsHandle.

8 Industries Most Likely To Score Big In Sports Gambling

The U.S. Supreme Court’s monumental decision in May to strike down the long-standing federal law banning full-fledged sports wagering outside Nevada, has opened up legal sports betting to states across the country.

Already New Jersey and Mississippi and its residents (and neighbors) have enjoyed the fruits of their new and growing markets, with other states in earlier stages or nearing a launch. Many more are expected to come on board in 2019.

As new sports wagering platforms are being developed and new kinds of partnerships explored, a wide range of industries are well-positioned to benefit greatly from the massive revenue potential in this marketplace.

1. Fantasy Sports

New opportunities abound in this sector. From opening proprietary sportsbooks and developing betting apps to entering into partnerships with casinos, sports bars, and media companies, fantasy sports enterprises are ready to meet the increasing demand resulting from expanded legalized betting. While there are two clear leaders in this space, DraftKings and FanDuel — which by the way blew out the competition in September in New Jersey — it’s likely that new or smaller players will emerge as the market expands.

2. Social Media

Sports betting and social media go hand-in-hand. With a smartphone in the pockets of practically everyone, an increasing number of people are likely to follow games on mobile. Also many bettors will begin or already do follow sports reporters and “handicappers” on social media, meaning it will only grow as an essential tool in making an educated pregame and in-game wager. Additionally, a significant number of online sportsbooks and other companies are now using social media platforms as a marketing and advertising tool, thereby creating yet another revenue stream with the potential for massive expansion.

[Also see: Startups Compete in the New Sports Betting Arena]


3. Media Companies and TV

After the Supreme Court decision was announced, billionaire Dallas Mavericks owner Mark Cuban said he believed the value of professional sports franchises were doubled as a result of the ruling. Although some may consider this hyperbole, there are others who think the statement was too low, with predictions that the amount of cash about to hit the sports gambling market is actually being underestimated. The related opportunities for media and television companies are enormous, as a 2016 Nielsen Sports study found that although sports betters composed just 25% of the NFL viewing audience, they accounted for 47% of the time spent watching games. If you have money riding on a game, you’re likely to watch more than twice as much as non-gamblers.

And the media industry is listening. ESPN+ is airing a gambling-focused show by The Action Network, “I’ll Take That Bet,” featuring personalities picking their top 10 bets. FS1 went a step further by launching a daily sports gambling show called “Lock It In” with known betting personalities. Another concept involves in-game micro-wagering, which is expected to grow exponentially as states adopt sports gambling. Current delays between the sites of live sporting events and transmission to viewers have curtailed play-by-play wagering on some sports. It’s expected that technology firms will quickly develop real-time picture-and-sound transmission to allow this revenue potential to be fully realized.

Week 9 College Football Picks: LSU +15 Against No. 1-Ranked Alabama, And More

Each week we’ll be providing our top college football picks.

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

This week we have six plays, including a rebound spot for Oregon and LSU getting over two touchdowns at home versus Alabama.

Week 9 College Football Picks: LSU +15 Over Alabama, Ducks -10 Over UCLA & More

cfb picks week 10 ucla oregon
RB Joshua Kelley

Oregon -10 over UCLA

Oregon is my favorite play of the season so far, assuming quarterback Justin Herbert plays. Herbert suffered a concussion in last week’s loss to Arizona but returned to practice Wednesday.

Nothing went right for the Ducks in Tucson. It was an awful spot for them coming off two emotional games against Washington and Washington State. I looked hard at fading the Ducks last week but just couldn’t trust Arizona.

While last week was a terrible spot for Oregon, this week is the exact opposite. Chip Kelly returns to Eugene where he was the head coach for four years and led the Ducks to the National Championship Game. His UCLA Bruins are coming off a 31-point loss to Utah and have dropped 10 of their last 11 conference games on the road by an average of 16 points.

Oregon has Utah on deck but because they got hammered by Arizona, the Ducks can’t afford to look past the overmatched Bruins. Nothing went right for Oregon against Arizona. It’s one of those games you just throw away because Oregon simply didn’t show up. Expect them to show up Saturday with Kelly in town.

Oregon is 4-1 at home this season. The Ducks’ only loss was to Stanford when they fumbled running out the clock. I expect Oregon to roll at home on Saturday. This line should be up to two touchdowns by kickoff. It opened Oregon -13 then dropped to 7.5 when  Herbert was questionable Tuesday. It’s back on the rise, so if you like the Ducks, grab them as soon as possible.

NFL Week 9: In ‘Lookahead Lines,’ Intrigue As Broncos Trade WR Thomas to Opponent

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 NFL Week 9 line moves and what it means to bettors. (Note: odds indicated are based on current numbers at several Las Vegas sportsbooks.)

NFL Week 9 Lines, Before And After: Texans-Broncos, Rams-Saints in NFC Heavyweight Clash; FitzMagic Getting 7 At Carolina?

Houston Texans at Denver Broncos (-1)

The Texans-Broncos matchup has the most notable line movement of the week. The SuperBook made the Texans a 1.5-point road favorite last week in its early lines. Houston then destroyed the Dolphins on national TV Thursday night, 42-23. Meanwhile, the Broncos fell (and covered) in Kansas City, 30-23.

The Texans have won five straight (3-2 ATS), while Denver is 1-5 in its last six games (3-3 ATS). The SuperBook opened this number as a pick ’em on Sunday night and within a couple hours it moved to the Broncos -2.5. The Texans did suffer a big loss against Miami when receiver Will Fuller tore his ACL. Deshaun Watson’s numbers are much better with Fuller in the lineup. But is Fuller worth four points? Traditionally only QBs cause moves like that.

The public has come out ahead the last two weeks and they’re certain to be on the Texans Sunday. The Broncos are 2-2 at home this year and 2-1-1 ATS. 

But then on Tuedsay an hour after the Broncos traded for WR Demaryius Thomas to their opponent this week — the Texans! — the line dropped to Denver -1.5 and to -1 as of Wednesday morning. Don’t be surprised if Houston is a slight favorite by kickoff. The Texans are playing much better over the last month but the value may end up being on Denver if it becomes a home ‘dog.

 

Minnesota Lawmaker Cautiously Optimistic About Sports Betting Legalization

Sports wagering for Minnesotans should be on the way, but won’t happen unless local residents get behind the effort to make it happen, according to State Rep. Pat Garafolo (R), the seven-term legislator and avid sports bettor who’s currently leading efforts to get a bill before the state legislature when it reconvenes in January.

However, as he told the locally based Great Time Podcast with John Kriesel, just because something is popular doesn’t mean it’s going to happen. Garafolo said he’s optimistic that the various gaming interests in the state, tribal gaming, charitable gaming and others will reach common ground on the issue.

“We need flexible legislation that works for everyone,” said Garafolo, who represents District 58B, which includes portions southeastern Twin Cities metropolitan area in Dakota and Goodhue counties. “We have to have a low-tax, low-fee environment. We just can’t go in and tax the snot out of this industry. The illegal sports betting market is very robust, so we have to have the right kind of regulations to compete with that.”umber of sub-issues (including betting on local college teams) that needs to be resolved with gambling stakeholders in the state.

Read more Minnesota Lawmaker Cautiously Optimistic About Sports Betting Legalization on SportsHandle.