Global Sports Betting
- Where to Bet:
Global Online Sports Betting Market Research Report carries in-depth case studies on the various countries which are involved in the Online Sports Betting Market. The report is segmented according.
Global Sports Betting Size
How to read Super Bowl 55 Odds
Always keep in mind that although sports betting is helped by skill, it still brings no guarantee of a win. The risk factor will always form part of the game. Lotto betting is making a bet on the result of the. Global sports betting market expected to reach nearly $155.49 B by 2024. The sports betting market revenue is projected to expand past USD 134.5 Billion by 2027, according to data provided by Transparency Market Research. It is boosted by the stronger presence of online betting. All Sports Lounges are located on the Gaming Floor at each property. When can bets be placed? Bets can be placed at the betting counter with a Sports Lounge Ticket Writer during Sports Lounge operating hours. You may also place a bet at one of our self-service kiosks 24 hours a day. Are cash and credit accepted at the Sports.
The Kansas City Chiefs wil meet the Tampa Bay Buccaneers in Super Bowl 55 from Raymond James Stadium in Tampa, Florida on Feb. 7, 2021.
The Chiefs opened as -3.5 betting favorites while the Buccaneers are 3.5 underdogs.
After early wagers came in, most operators are holding Kansas City -3 (-120).
If you were to wager on Kansas City -3, you would have to lay 5/6 odds (Bet $120 to win $100) instead of your normal 10/11 juice (Bet $110 to win $100).
The return on Tampa Bay would be even-money (1/1) and a $100 wager would return $100.
The total or over-under on Super Bowl 55 is hovering between 56 and 57 points.
How to read NFL Global Odds
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Global Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time on the NFL Global Odds.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
Global Sports Betting Pretoria
On the VegasInsider.com Global NFL Odds page, there is another number associated with the favorite and its normally listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)
Global Sports Betting Market
The Global bookmakers tend to offer adjusted numbers associated with each NFL point-spread and this can often be called as 'reduced juice' odds. Examples seen on the Global Odds pages could include -08, -12, -15 and -20.
Ex. Bet $108 to win $100 (8% juice)
Ex. Bet $120 to win $100 (20% juice)
Another number that’s posted on the NFL Global Odds is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Global Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
The Athletic And BetMGM Announce Exclusive Sports Betting PartnershipThe Athletic And BetMGM Announce Exclusive Sports Betting Partnership
Partnership Features In-Depth Content, Product Integration and Cross-Marketing Opportunities
PR Newswire
SAN FRANCISCO, Jan. 28, 2021
Global Sports Betting Industry
SAN FRANCISCO, Jan. 28, 2021 /PRNewswire/ -- The Athletic, a leading digital sports media company, and BetMGM have agreed to a partnership in which BetMGM has become The Athletic's exclusive sports betting partner in the United States. Key details of the agreement include the creation of The Athletic Betting Hub, a new content vertical for The Athletic, as well as further in-depth content and product integrations between the two companies.
'BetMGM has pioneered the online gaming industry and as we sought to establish The Athletic as a home for great betting content, we knew there would be no better partner,' said Evan Parker, The Athletic's General Manager of Content Operations. 'As we collaborate on this new venture, we share a joint vision for how to seamlessly blend media, analysis and betting into unique, premium experiences for The Athletic subscribers.'
With more than one million subscribers around the world, The Athletic's readers have access to coverage of nearly 300 professional sports and collegiate teams and clubs in the U.S., Canada and the UK. An editorial team of more than 400 full-time writers has produced thousands of articles and contributes to more than 100 podcasts.
Matt Prevost, BetMGM's Chief Revenue Officer, said, 'The Athletic has an incredibly engaged and loyal readership and we look forward to introducing their fans to the BetMGM sports betting brand. They also have an outstanding product and, through integrations and collaboration, this partnership complements The Athletic's premium offering.'
The Athletic's betting hub will feature sports betting content with integrated live odds and exclusive offers powered by BetMGM. This includes betting analysis and original reporting across its written, audio and video platforms. BetMGM and The Athletic will also collaborate across digital and social platforms to create an immersive betting experience for sports fans.
The BetMGM mobile app is currently live in 10 states and is available for download on both iOS and Android, as well as accessible via desktop at www.betmgm.com. BetMGM offers user-friendly sports betting experiences, making it easy to customize pre-game, live in-play, futures and parlay wagers. BetMGM's integration with MGM Resorts' M life Rewards program allows BetMGM users, in legal playing states, the opportunity to redeem their gameplay for world-class experiences at MGM Resorts properties nationwide. Those resorts include Bellagio and MGM Grand in Las Vegas, Borgata in New Jersey, Beau Rivage in Mississippi and MGM National Harbor in Maryland. For more information, follow @BetMGM on Twitter.
About The Athletic
The Athletic is a direct-to-consumer digital sports media company committed to helping subscribers experience storytelling in a whole new way. Founded in 2016, The Athletic has more than 600 full-time employees and covers nearly 300 professional sports and collegiate teams and clubs in the US, Canada, and the UK. The Athletic's newsroom has produced thousands of in-depth articles and is home to more than 100 podcasts. The Athletic is headquartered in San Francisco, with offices in New York, London and Melbourne.
The Athletic was advised by Bettor Capital, an online gaming focused investment and consulting firm headquartered in New Jersey.
About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM Resorts' U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.
Statements in this release that are not historical facts are 'forward-looking' statements and 'safe harbor statements' within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including BetMGM's ability to grow in new or existing jurisdictions. Management has based forward-looking statements on current expectations and assumptions and not on historical facts. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the effects of economic and market conditions in the jurisdictions in which BetMGM operates, competition with other iGaming and sports betting platforms, the timing and costs of expanding in new jurisdictions as well as obtaining and maintaining the required permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. In providing forward-looking statements, BetMGM is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If BetMGM updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.
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SOURCE BetMGM