Monthly Archives: January 2022

Introduction to Sports Betting

Online crypto betting sites are gaining tremendous popularity as they provide an additional way of winning some extra bucks. Most of the betting and casino platforms offer a variety of sports events, tournaments and have a diverse variety of sports betting options. The demand for online sports betting is growing exponentially which is leading to the development of new services in this industry sector. Nevertheless, not all platforms are secure and legit. Therefore, players, who do not want to lose their money due to fraud and scamming activities, must carry out basic ground work to check the background and trustworthiness of the sports betting and casino sites.

Crypto sports betting works exactly the same way as traditional sports betting. The only difference between the two lies in the mode of payment. Crypto betting sites offer an additional payment method which includes cryptocurrency. Crypto betting is a kind of gambling where players bet on certain leagues or matches of various sports events. They place bets on the outcome of the matches and games in order to win money. The most commonly available cryptocurrencies in crypto betting are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash and many more. Crypto sports betting offers a low cost and high-security environment compared to regular betting sites. Crypto sportsbooks offer the same kinds of sports as available on regular sites including football, rugby, cricket, tennis, hockey and many more.

Loosely speaking, there is no major difference between regular sports betting and crypto sports betting. The only difference lies in the type of transaction available on these two platforms. In the case of crypto sports betting, all the players need to do is sign up with the best betting website and transfer funds in crypto directly from their crypto wallet by connecting the betting website to the wallet account.

Deposit the initial crypto amount directly into the wallet using a preferred cryptocurrency and fiat currency and transfer it to the Sportsbook account where the players can place their bets. Moreover, there are certain sportsbooks that offer Live Betting which can sometimes be riskier than regular betting.

Players can also withdraw their winnings by converting their cryptocurrency into their chosen fiat currency based on the existing exchange rate in the market. Use any cryptocurrency supported by the betting site and continue betting safely.

Crypto sports betting continues to be relatively new to many players which leave them with certain complicated legal questions. The Crypto Gambling Foundation was developed to make sure transparency and fairness is offered to the players by promoting and verifying betting operators that follow strict ideologies of ethical practises. For most betting operators, the promotional opportunities of the foundation provide a strong incentive to comply.

Simultaneously, the US BTC betting as well as sports betting with other digital currencies such as Ethereum, Litecoin, Dogecoin and others, are legal only in Nevada, Delaware and New Jersey. This restriction is monitored and regulated by the UIGEA (Unlawful Internet Gambling Enforcement Act). Note that the 2006 legislation limits credit card companies and banks from allowing transactions for online betting and gambling in states where gambling is illegal. Nevertheless, due to the benefits of cryptocurrencies such as complete anonymity and privacy, many players keep joining and creating betting accounts in countries where crypto payments are allowed. However, the legalities of such a practice still remain unclear but the overall consensus is that crypto sports betting is acceptable given that the platforms are reputable in the casino and betting industry.

With crypto sports betting, players can buy and sell cryptocurrencies and bet on real and entertaining sports events of their choice without requiring any mediators or intermediaries. It is also possible for the players to use crypto betting on other sports events such as tennis matches, horse races and many more, which are massively popular in the cryptocurrency world. This has allowed people to bet on different sports events without having any financial restrictions.

Sports betting with crypto has a bright future and it is believed to become more and more popular in the upcoming years. Transactions made in cryptocurrency has substantially increased due to the booming crypto economy. Crypto betting is predicted to see gigantic growths and leaps in the future owing to the presence of billions of cryptocurrency users and multiple crypto sportsbooks that provide crypto wagering.

Various research and studies have shown that more than one-fourth of young adults within the age group 18 to 30 are more inclined towards trading and investing in cryptocurrency, while not all of them have the potential to actually lose money.

One of the reasons why cryptocurrency in the betting and gambling industry has become so popular among the youth is that they have turned to alternative investments (crypto) which they find simple to understand. Many of them do not have faith in traditional investment avenues and prefer to rely on their research instead of using insights from traditional organisations such as financial advisers.

Moreover, the crypto market is open 247365 days which means young people, who are working, do not have to waste their valuable time in crypto trading and investment. They can do so in their own free time. They have a positive outlook towards crypto and Blockchain technology and at the same time, they feel quite disconnected from traditional forms, as they find crypto more fun and entertaining, on the whole.

To sum up, various gambling bodies and institutions are not currently regulating cryptocurrencies, hence, bettors and operators can still expect a bright future in the crypto space. While most platforms fear interference from gambling authorities, others believe that the Blockchain ledgers will prevent gambling authorities from interfering in a crypto transaction. Betting sites have prepared themselves to adjust to new changes if they happen.

All in all, sportsbook platforms tend to feel quite confident about exploring the digital market as it guarantees stealth and privacy. Betting platforms offer the most incredible features of cryptocurrency and blockchain and they have transformed them into important tools for optimum sports betting experience in the digital world. Until and unless there are mandatory shutdowns and operations are forced to cease production, crypto bettors and operators can be at peace, knowing that the privacy design of the Blockchain is constantly protecting their assets as well as identity.

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What Will the Future Bring in the Crypto Sports Betting Industry? - TimesOfCasino

Agreement Calls for Two Retail Sportsbooks at Tulalip Resort Casino and Quil Ceda Creek Casino

BOSTON, Jan. 19, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) and the Tulalip Tribes of Washington today announced an exclusive market access partnership that will bring the DraftKings retail sportsbook experience to the state of Washington.

Plans are underway to open DraftKings retail sportsbook locations at Tulalip Resort Casino and Quil Ceda Creek Casino, both located just 30-minutes north of Seattle in Tulalip, WA. Initial design plans for the DraftKings Sportsbook at Tulalip Resort Casino, pending licensure and regulatory approvals, will feature a 5,000 square-foot space with a 50-foot video wall and more than two dozen kiosks and eight ticket windows. The design of the DraftKings Sportsbook at Quil Ceda Creek Casino is still early in the planning phase but is expected to feature state of the art technology and share the same world-class betting experience found across all DraftKings branded retail sportsbooks.

"As we get ready to open our sportsbooks, we are excited to announce our exclusive partnership with the best in the business, DraftKings, said Teri Gobin, Chairwoman, Tulalip Tribes. We're ready to take our gaming experience to the next level. Like Tulalip, DraftKings is committed to excellence and, together, we're going to give sports fans a one-of-a-kind experience. We can't wait for our customers to share our journey as we build the newest addition to our entertainment destinations."

Once operational, Washington will mark the 19th state in which DraftKings is live with its Sportsbook product.

Today marks an exciting day for DraftKings as we are set to expand our sports betting footprint to the great Pacific Northwest, said Michael Kibort, Sr. Director, Retail Sportsbooks at DraftKings. In collaboration with the Tulalip Tribes of Washington, we look forward to bringing the very best in real-money gaming experiences to a state with a passionate fanbase spanning major professional sports leagues.

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DraftKings is committed to creating inclusive and responsible pathways for people to build, create, imagine and innovate through the DraftKings S.E.R.V.E.S. program, with a focus on Service, Equity, Responsible Gaming, Vitality, Entrepreneurship, and Sports. Responsible gaming is a key pillar of the DraftKings S.E.R.V.E.S. program and DraftKings collective mission is to protect consumers with groundbreaking technology, employee training, resources for customers, and the support of evidence-based research.

Fans can find the latest betting markets and more by downloading the DraftKings Sportsbook app available via iOS and Android here.

About DraftKingsDraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. DraftKings Sportsbook is live with mobile and/or retail betting operations in the United States in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. DraftKings daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. DraftKings is both an official daily fantasy and sports betting partner of the NFL, NBA, MLB, NHL, PGA TOUR and UFC as well as an official daily fantasy partner of NASCAR. Launched in August 2021, DraftKings Marketplace is a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. DraftKings also owns Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company.

About Tulalip Tribes of WashingtonThe Tulalip Tribes is a federally-recognized Indian tribe located on the Tulalip Reservation in the mid-Puget Sound area bordered on the east by Interstate 5 and the city of Marysville, Washington; on the south by the Snohomish River; on the north by the Fire Trail Road (140th); and on the west by the waters of Puget Sound. The Tulalip Reservation exterior boundaries enclose a land-base of 22,000 acres, more than 50 percent of which is in federal trust status. The Reservation is rich with natural resources: marine waters, tidelands, fresh water creeks and lakes, wetlands, forests and developable land. The Tulalip Reservation was reserved for the use and benefit of Indian tribes and bands signatory to the Treaty of Point Elliott of January 22, 1855. Its boundaries were established by the 1855 Treaty and by Executive Order of President U.S. Grant dated December 23, 1873. It was created to provide a permanent home for the Snohomish, Snoqualmie, Skagit, Suiattle, Samish and Stillaguamish Tribes and allied bands living in the region.

About Tulalip Resort CasinoAward-winning Tulalip Resort Casino is the most distinctive gaming, dining, meeting, entertainment and shopping destination in Washington state. The AAA Four-Diamond resorts world-class amenities have ensured its place on the Cond Nast Traveler Gold and Traveler Top 100 Resorts lists. The property includes 192,000 square feet of gaming excitement; a luxury hotel featuring 370 guest rooms and suites; 30,000 square feet of premier meeting, convention and wedding space; the full-service T Spa; and multiple dining venues. It also showcases the intimate Canoes Cabaret and a 3,000-seat amphitheater. Nearby, find the Hibulb Cultural Center and Natural History Preserve, Cabelas and 130 designer names at the Seattle Premium Outlets. The Resort Casino is conveniently located between Seattle and Vancouver, B.C. just off Interstate-5 at exit 200.

About Quil Ceda Creek CasinoOpened in February 2021, Quil Ceda Creek Casino is the newest major gaming, dining and entertainment destination in the Northwest. It spans 126,000 square-feet and is more than twice the size of the former Q casino property across the street. The new casino features 1,500 gaming machines and 16 table games; The Kitchen, an exciting new Food Hall experience with venues serving a variety of made-to-order dishes; The Landing, offering classic favorites on the menu for full-service, a la carte dining; The Stage, offering expanded entertainment offerings including live music, sports viewing on massive state-of-the art video walls, and other events; and a 1,000 stall, six-story parking structure with additional surface parking and charging stations for electric vehicles. Quil Ceda Creek Casino is situated on 15 acres of Tulalip Tribal land located directly off I-5 at exit 199.

DraftKings Forward-Looking StatementsCertain statements made in this release are forward looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words estimates, projected, expects, anticipates, forecasts, plans, intends, believes, seeks, may, will, should, future, propose and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contactsmedia@draftkings.com@DraftKingsNews

Dan Miller, Curator PR for Tulalip Resort Casino: 206.979.4055, dan.miller@curatorpr.com

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DraftKings and Tulalip Tribes of Washington Join Forces to Operate Sports Betting in the Evergreen State - Yahoo Finance

Jan 22, 2022; Cleveland, Ohio, USA; Cleveland Cavaliers forward Evan Mobley (right) drives to the basket against Oklahoma City Thunder forward Mamadi Diakite (left) during the first half at Rocket Mortgage FieldHouse. Mandatory Credit: Ken Blaze-USA TODAY Sports

The Cleveland Cavaliers are having a breakthrough season. Their opponent Monday night, the New York Knicks, know the feeling all too well that was them a year ago.

Fast forward a year, and the Knicks are fighting for their play-in lives, where they currently sit in 11th. The Cavaliers, meanwhile, are sitting above the fray in fifth in the East and rolling, having won six of their last seven.

Theyre a big 7.5-point favorite in this one, which tips off at 7pm ET at Rocket Mortgage Fieldhouse and can be seen live on NBA League Pass.

New Yorkers: heres your chance to place a bet, as mobile and online betting are now available in the Empire State.

Odds as of January 23rd at BetMGM

After their six-game losing streak was snapped at the hands of the Chicago Bulls, Cleveland got right back to winning Saturday night, putting the Oklahoma City Thunder in a vice in a 94-87 win.

Darius Garland led the way, scoring 23 points and dishing 11 assists, the fourth time in five games hes led the team in scoring. Books have noticed, as Garland ranks third in 2022 NBA Most Improved Player odds.

Big man Evan Mobley, the current betting favorite in the 2022 NBA Rookie of the Year odds, chipped in with 15 points and 17 rebounds. His twin-tower counterpart, Jarrett Allen also doubled-up, scoring 13 points and adding 14 boards.

Cleveland, ranked third in defensive rating in the NBA, held the Thunder to 38.8% shooting from the field, including a paltry 12-for-41 behind the arc, just a 29.3% clip.

They will be a little short-handed coming into this one, however, as forward Lauri Markkanen is out with an ankle injury, while the recently-acquired Rajon Rondo (hamstring) will be a game-time decision.

New York put an end to a three-game skid with a 110-102 win over the LA Clippers on Sunday.

RJ Barrett led the way with 28 points, 14 rebounds and six assists, while Julius Randle added 24 points, nine rebounds and five assists.

With the Knicks playing consecutive nights, its important to note both New York stars played 40+ minutes, and fatigue may play a factor Monday night.

New York does pretty well on the defensive end, holding teams to 104.5 points per game, good for 5th-best in the NBA, but its their offensive attack that may be worrisome. The Knicks score at a 104.1 clip, the fourth-worst rate in the league.

Theyll be going against a Cavaliers defense that has the second-best scoring defense, limiting teams to 102.5 points per night.

Another key battle will be in the paint, where the Knicks allow the second-fewest points, but where Cleveland scores at a top-10 rate, averaging a shade under 48 points per game.

Just like Cleveland, they may be down some key pieces, with big man Mitchell Robinson (ankle) and guard Kemba Walker (knee) game-time decisions for Monday.

This will be the second of three meetings between these teams on the year, with the Cavs thumping the Knicks 126-109 at MSG on November 7.

Hard to glean too much from that contest, as Clevelands leading scorer was Ricky Rubio (37 points), who is done for the year with a knee injury, as is Collin Sexton, who started at guard.

Mobley did have 26 points and nine boards, while Allen had 18 points and 17 boards. They held New York to 9-for-31 shooting from three.

Cleveland owns the best record against the spread in the NBA at 29-15-3, a sharp 65.9% cover rate. Theyre tied for the second-best ATS record as a home team at 14-7-1.

New Yorks 23-24 record is identical to their ATS mark, but surprisingly, theyve been a good bet in back-to-backs, sporting a 4-2 mark ATS when playing on zero days rest.

While Cleveland should win that spread is a little high. I think defense reigns supreme, with two of the top scoring defenses going head-to-head.

The pick: Under 207.5 points (-110)

NFL NBA Sports Writer & Editor

Having worked in and around sports since 1997, Eric is truly a knowledgeable expert. The two-time journalism grad specializes in all things NBA and NFL. From TSN.ca to CTV's Olympic Broadcast Consortium, Eric's work has appeared in local and national publications alike.

NFL NBA

Having worked in and around sports since 1997, Eric is truly a knowledgeable expert. The two-time journalism grad specializes in all things NBA and NFL. From TSN.ca to CTV's Olympic Broadcast Consortium, Eric's work has appeared in local and national publications alike.

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Knicks vs Cavaliers Odds and Picks - Sports Betting Dime

Jan 20, 2022; Dallas, Texas, USA; Phoenix Suns guard Devin Booker (1) reacts during the first half against the Dallas Mavericks during the first half at American Airlines Center. Mandatory Credit: Kevin Jairaj-USA TODAY Sports

There have been two constants this NBA season. Players getting ruled out thanks to COVID, and the Phoenix Suns piling up lengthy winnings streaks.

They won 18 in a row from October 30th to December 2nd, and then five straight before Christmas. Following their latest victory, theyve now reeled off six consecutive victories, and will look to extend this latest streak on Monday (January 24th) against Utah.

Odds as of Jan 23rd at BetMGM.

The Suns opened up as a 7.5-point favorite in a contest that features a total of 222.5. Tip-off is scheduled for 9:00 pm ET at the Footprint Center in Phoenix, Arizona, with each team missing key contributors due to injury.

As a -303 favorite, Phoenix has a 75.19% implied win probability compared to just 29.41% for Utah at +240.

The Suns took down Indiana 113-103 on Saturday night, but the win came at a cost. Both starting forward Jae Crowder and back-up guard Cam Payne left the game with wrist injuries, and have already been ruled out for Mondays contest versus the Jazz.

Phoenix has already been playing without starting center Deandre Ayton for the past three games with an ankle injury, and hes doubtful to suit up against Utah.

With their roster depleted and Devin Booker struggling, Mikal Bridges paced the offense versus the Pacers with a season-high 23 points. Bismack Biyombo, whos logging heavy minutes in Aytons absence, matched a career-high with 21 points, while also grabbing 13 boards.

Chris Paul meanwhile, added 18 points and 16 assists, as the team shot 49% in spite of Bookers off night. The Suns leading scorer managed just 11 points on 5-of-23 shooting.

The victory improved Phoenix to an NBA-best 36-9, and helped the Suns match their best start in franchise history. The Suns currently have the second-best NBA title odds among Western Conference teams at +800. Only Golden State (+460) is shorter.

The Jazz were in action on Sunday night in Golden State, looking for just their third win in their past nine outings. Utah did pick up a victory in their previous game prior to its tilt with the Warriors, taking out Detroit 111-101.

Rudy Gobert put up a monster stat line of 24 points, 13 rebounds, and 4 blocks, while Bojan Bogdanovic added 23, and Jordan Clarkson splashed 20. The Jazz shot 45.6% from the field, but the game was won down low. Utah outscored the Pistons 50-34, led in large part by Goberts efforts.

The Jazz were without leading scorer Donovan Mitchell against Detroit, as they were on Sunday versus Golden State. Mitchell is dealing with the aftermath of a concussion he suffered last Monday, and didnt even accompany Utah on its current road trip. Entering Sunday, the Jazz were 4-2 without Mitchell in the lineup this season, but average 3 fewer points compared to when hes on the floor.

Each of Utahs latest two contests minus Mitchell have failed to hit the total, while the under has hit in 26 of their 46 games overall. Offense will be tough to come by on Monday, as Phoenix ranks second in defensive rating, and fourth in scoring defense.

The Suns defensive prowess has led to the bulk of their games falling short of the number, especially recently. The under has hit in five of their last six, and eight of their past 12 outings.

With Utah missing its leading scorer, and Phoenix missing two starters and a key rotation piece, this game has a strong chance to underwhelm in the boxscore. While the Arizona bettors public may be tempted to take the Suns, take the under.

Pick: Under 222.5 (-110)

NFL NBA MLB NHL Golf Sport Writer & Editor

Chris began his career at Hockey Night in Canada over 15 years ago. He has since worked at TSN for over 12 years as a writer, line-up producer, field producer, newsroom supervisor for Sportscentre, and presently as a promotions producer.

NFL NBA MLB NHL Golf

Chris began his career at Hockey Night in Canada over 15 years ago. He has since worked at TSN for over 12 years as a writer, line-up producer, field producer, newsroom supervisor for Sportscentre, and presently as a promotions producer.

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Suns vs Jazz Odds and Predictions - Sports Betting Dime