Monthly Archives: August 2022

How a Bettor Profited With a UFC Same Game Parlay on DraftKings Sportsbook – DraftKings Nation

Posted: August 23, 2022 at 12:25 am

Last Saturdays UFC 278 event featured one of the most shocking knockouts in UFC history, and considering the timing and circumstances, it may have been the most shocking KO ever. With just one minute left in the fight, welterweight title challenger Leon Edwards landed a devastating head kick knockout on champion Kamaru Usman to claim the title.

A DraftKings Sportsbook bettor took advantage of the shocking knockout by turning roughly $2 into over $100 by making this Same Game Parlay (SGP) on DraftKings Sportsbook:

Since Edwards won by knockout with 56 seconds left in the fifth round, the bettor cashed his bet at +6066 odds.

The knockout was among the most shocking ever for a variety of reasons. Usman entered UFC 278 on a massive hot streak and had recently entered the conversation for greatest welterweight of all time. Usman had gone 15-0 in the UFCincluding 6-0 in title fightsand was just one win shy of tying Anderson Silva for the longest win streak in UFC history with 16 straight wins.

Usman had dominated the 170-pound division so badly that there was talk of him moving up to light heavyweight (205 pounds) to challenge for the title in that weight class. There was also talk of Usman crossing over to boxing to fight superstar boxer Canelo Alvarez in order to give him a new challenge.

As a result, Usman entered UFC 278 as a substantial favorite, carrying a moneyline of -345 on DraftKings Sportsbook. Usman was also widely popular among the public, receiving 77% of the handle and 86% of the bets on DraftKings Sportsbook. Edwards by KO/TKO/DQ got just 6% of the handle and 4% of bets.

Edwards had a strong opening round and won Round 1 on all three of the judges scorecards, but Usman began to take over as the fight went on. Usman won Rounds 2, 3, and 4 on all three of the judges scorecards and appeared set to win Round 5 as well. Usman was just one minute away from cruising to another win in a weight class he had dominated, which amplified how shocking the knockout was. This would be similar to a powerhouse NFL team being up 35-10 with one minute left in the game yet somehow losing to the underdog.

The knockout was set up brilliantly by Edwards. Edwards, who was standing southpaw, had noticed that Usman was exiting his head towards Edwards left after parrying when Edwards threw his left straight. In an orthodox stance, an orthodox fighter must always be outside the lead leg of a southpaw, otherwise, the orthodox fighter risks sitting in the southpaws power range. Usman, who was standing orthodox, got caught inside of Edwards lead leg, which put him at risk to take the full force of a shot that Edwards threw from his left side.

To gain clearance to land the kick, Edwards threw a left hand down the middle, and as Usman reached to parry with his hands, Edwards followed up with a left head kick that Usman ducked his head directly into:

The combination of Usmans head movement into the kick along with the force of Edwards kick amplified the effect, and Usman was left laying on the ground brutally knocked out. The image below of a knocked-out Usman is eerie and terrifying:

The knockout was reminiscent of MMA legend Mirko Cro Cop, who landed such devastating left head kicks that the saying right leg hospital, left leg cemetery was coined.

Edwards post-fight speech was memorable, and he shouted Look at me now! to the audience over and over, which was a reference to how he came from nothing in Jamaica and molded himself into a UFC champion:

The UFC is expected to book an immediate rematch sometime next year, and there has been talk of the fight taking place at Wembley Stadium in London, which has a capacity of about 90,000. Edwards moved to England when he was nine years old and is only the second-ever UFC Champion from the UK.

Same Game Parlay (SGP) is available on DraftKings Sportsbook for multiple sports! To place a SGP:

Read more about SGP at the DraftKings Sportsbook SGP page!

Place your bets at DraftKings Sportsbook or by downloading the DraftKings Sportsbook app.

All views expressed are my own. I am an employee of DraftKings and am ineligible to play in public DFS or DKSB contests. The contents contained in this article do not constitute a representation that any particular strategy will guarantee success. All customers should use their own skill and judgment in building lineups.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/MI/NJ/PA/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/NH), 888-789-7777/visit ccpg.org/chat (CT), 1-800-BETS OFF (IA), 1-877-770-STOP (7867) (LA), 877-8-HOPENY/text HOPENY (467369) (NY), visit OPGR.org (OR), call/text TN REDLINE 1-800-889-9789 (TN), ConnexOntario 1-866-531-2600 (ONT), or 1-888-532-3500 (VA).

21+ (18+ NH/WY; 19+ ONT). Physically present in AZ/CO/CT/IL/IN/IA/LA/MI/NH/NJ/NY/ONT/OR/PA/TN/VA/WV/WY only. Eligibility restrictions apply. See draftkings.com/sportsbook for full terms and conditions. DraftKings operates pursuant to an Operating Agreement with iGaming Ontario. Please play responsibly.

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How a Bettor Profited With a UFC Same Game Parlay on DraftKings Sportsbook - DraftKings Nation

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Lessons From Spain On What Happens Without Sportsbook Limits – Legal Sports Report

Posted: at 12:25 am

Limits are a fact of life for sports bettors in every market across the world.

Well, nearly every market.

In Spain, operators cannot legally limit accounts simply because they are winning. That precedent was established in a court ruling against bet365 and Betfair in July 2021 andhas since been reaffirmed by other courts.

Spanish bookmakers must therefore offer house limits to everyone, regardless of their perceived sharpness. The effect has been dramatic and instantaneous.

In Q3 2021, Spanish books held 2.8%, per data from the regulator. In Q4, that fell even farther to 1.4% before bouncing back slightly to2.7% in Q1 2022.

Revenues, in turn, are getting crushed. Spanish sports betting revenues were down 58% year-on-year in Q4, then down 41% in Q1 this year.

There are other things going on in the market, including major advertising restrictions. But handle is still growing, suggestion the inability to limit is the major issue.

I have never seen anything like it in my life, said one exec from a Spain-facing sportsbook. We knew the problems we were having but those Q3 numbers showed it was everyone in the market. Everyone can have a bad World Cup, but this is something different.

The exec noted growing problems from linked accounts and beards. He said betting syndicates were controlling multiple accounts via Spanish students, then hitting niche markets simultaneously.

These guys are very clever, the exec said. They come in and place loads of football bets for 10 a pop, then you suddenly get 5,000 accounts hitting a Spanish second division game for the limit.

It is industrial-scale bots and arbitrageurs, mostly operated from outside the country. You can see it is fraudulent activity because an account will log in from Madrid, then place bets from Barcelona.

A Spanish sportsbook account is worth three to fives times more than a UK equivalent on the black market, an industry source said.

Operators are working on improving their geolocation and other security measures but the Spain-facing exec said it was a cat and mouse game where one loophole was closed and another exploited.

It is a full-on battle with criminal groups, the source said.

Operators can close accounts if they can prove fraudulent activity, but Spanish courts have generally favored Spanish citizens in these cases over foreign corporate bookmakers.

New data from the Spanish regulator (DGOJ) appears to back up the notion of fraudulent activity.

The DGOJ this month released player data from 2021, showing stakes from female gamblers were up a whopping 126% year-on-year. That is despite the number of female gamblers remaining almost the same.

Whats more, female gamblers as an entire cohort were profitable. Around 20% of all Spanish accounts posted a profit in 2021.

So what are the implications for US sports betting and other markets? For starters, the Spanish experience shows why operators limit in the first place; they need to make money.

Spain might also be the start of a consumer-friendly trend in markets around the world. Ireland is reportedly considering similar rules on betting limits, per Gambling Compliance.

In Canada, Covers senior strategist Adam Chernoff has been calling for consumer-friendly regulations in the nascent Ontario sports betting market. That includes:

Chernoff said earlier this year he was optimistic about consumer-friendly regs in the market.

This is the third country where Ive worked through betting regulation, and this was the first time someone at the regulator level was interested in player advocacy, Chernoff said.

Books might not like having to lay $100 on the hundreds of the derivatives they offer, but it should be less of an issue on core sports and markets. One compromise could see books having to lay bets to win $500 on main sports sides and totals from 10 am on the day of the game.

I dont see that being a bad thing at all, said one North-America facing sportsbook exec. Good books have to book those bets.

Indeed, an MBL might encourage books to invest in risk and trading if they no longer have the easy option of limiting. That may pay off in the long run, especially if US books want to beat out their offshore competitors.

Spain has shown that no limits at all make for an unsustainable market. But there is perhaps a middle ground where books can make money if they can kick out fraudulent players, while also offering a fair bet to genuine customers.

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AL Cy Young Race Breakdown at DraftKings Sportsbook – DraftKings Nation

Posted: at 12:25 am

The odds at DraftKings Sportsbook for the American League Cy Young race have shifted quite a bit in recent weeks as Justin Verlander, Dylan Cease and Shane McClanahan have been battling it out for the prestigious pitching award. On Tuesday night, Verlander and Cease faced one another and had mixed results, both allowing three earned runs in a game that ended in a 4-3 White Sox victory. The game didnt appear to move the needle in either pitchers direction, but the odds have clearly been trending towards Verlander and Cease and away from McClanahan over the last few weeks. Here are the odds as of August 18:

Justin Verlander (Astros) -190

Dylan Cease (White Sox) +225

Shane McClanahan (Rays) +900

The AL Cy Young has appeared to be a two-horse race for much of the season, but it was Verlander and McClanahan as the clear favorites with Cease much further back for multiple months. Cease has been good all season. After allowing seven earned runs against the Red Sox on May 24, he had 14 consecutive starts in which he allowed one earned run or less, a streak that ended Tuesday against the Astros.

McClanahan was just as good, perhaps even better than Cease (with higher strikeout numbers) over that same timespan, but his last few starts have been far worse.

July 31 vs CLE: 4.1 IP, 7 hits, 5 runs, 3 walks, 4 strikeouts

August 6 at DET: 6.1 IP, 6 hits, 4 runs, 0 walks, 3 strikeouts

August 13 vs BAL: 6.0 IP, 7 hits, 2 runs, 3 walks, 4 strikeouts

Every pitcher is bound to give up runs sooner or later, but the most worrisome trend for McClanahan has been the lack of strikeouts. This is a pitcher who has averaged well above 10 strikeouts per nine innings for the last two seasons, but hes recorded just 10 total Ks in his last three starts against teams that arent exactly among the MLBs best offenses. On top of that, McClanahans velocity has been inconsistent in July and August compared to where it was for much of the year, and it makes sense given that this is now the first time in his career that McClanahan has topped 125 innings pitched majors and minors included.

Its certainly possible that McClanahan will regain his strength and rejoin the race, but for now, it appears as though the AL Cy Young will wind up in the hands of Cease or Verlander. Verlander is probably the rightful favorite with an ERA of just 1.95 and a 15-3 record something that voters still probably care about and the narratives around the 39-year-old starters resurgence after missing all of the 2021 season will probably help his case as well.

McClanahan is schedule to take the mound for the next time on Friday August 19 with a home matchup against the Royals, while Ceases next start should be Sunday August 21 at the Guardians. Verlanders next appearance figures to come either Monday August 22 in Atlanta or Tuesday August 23 at home against the Twins.

Place your MLB bets at DraftKings Sportsbook or by downloading the DraftKings Sportsbook app.

All views expressed are my own. I am an employee of DraftKings and am ineligible to play in public DFS or DKSB contests. The contents contained in this article do not constitute a representation that any particular strategy will guarantee success. All customers should use their own skill and judgment in building lineups.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/MI/NJ/PA/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/NH), 888-789-7777/visit ccpg.org/chat (CT), 1-800-BETS OFF (IA), 1-877-770-STOP (7867) (LA), 877-8-HOPENY/text HOPENY (467369) (NY), visit OPGR.org (OR), call/text TN REDLINE 1-800-889-9789 (TN), ConnexOntario 1-866-531-2600 (ONT), or 1-888-532-3500 (VA).

21+ (18+ NH/WY; 19+ ONT). Physically present in AZ/CO/CT/IL/IN/IA/LA/MI/NH/NJ/NY/ONT/OR/PA/TN/VA/WV/WY only. Eligibility restrictions apply. See draftkings.com/sportsbook for full terms and conditions. DraftKings operates pursuant to an Operating Agreement with iGaming Ontario. Please play responsibly.

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AL Cy Young Race Breakdown at DraftKings Sportsbook - DraftKings Nation

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CoolBet Ontario: Sign up With the Most Transparent Sportsbook in Canada! – Sports Betting Dime

Posted: at 12:25 am

Aug 16, 2022; Toronto, Ontario, CAN; Toronto Blue Jays first baseman Vladimir Guerrero Jr. (27) celebrates in the dugout after hitting a home run against the Baltimore Orioles during the first inning at Rogers Centre. Mandatory Credit: Nick Turchiaro-USA TODAY Sports

Marketing themselves as the most transparent sportsbook in Canada, CoolBet Ontario is a fantastic online sportsbook to add to your rotation especially with the 2022 NFL season right around the corner. Whether youre an avid bettor or someone who just likes to create a parlay every once in awhile, transparency is key when it comes to sports betting. This is what makes CoolBet such a great option.

Keep reading to find out how you can sign up and create your new CoolBet Ontario account as soon as today.

As far as online sportsbooks go in Canada, CoolBet Ontario stacks up pretty well against all of them. Even when compared against some of the bigger name books (DraftKings, FanDuel, BetMGM, etc.), CoolBet has just as many features and perks that make it an attractive option to bet with.

CoolBet launched in early April of 2022 and has already received an excellent rating from gambling.com. Their top feature is the number of markets they offer betting odds on, and their minimum deposit number is just $10. This is an especially attractive perk for those who dont have plans of depositing significant money into their CoolBet Ontario betting account.

CoolBet Ontario does not currently have an app that you can bet with. However, they do have a 24/7 customer support team that has been consistently praised by online sportsbook review sites. Additionally, CoolBet Ontario has a cash-out speed of 0-1 days.

Most importantly, CoolBet is committed to responsible, legal, and transparent online sports betting. Youre not going to find any hidden bells or whistles with this company during the sign-up process.

To create your new CoolBet Ontario account and start betting today, follow the below listed steps.

Must be 19 years or older and physically located in Ontario, Canada to sign up today.

<<< CLICK HERE TO SIGN UP WITH COOLBET TODAY >>>

Once youve signed up and created your CoolBet Ontario account, youre free to bet on the sports and events of your choosing. With that in mind, the Toronto Blue Jays are going to be a popular betting option for a lot of people. Betting on MLB, in general, is pretty popular at the moment.

You can get odds on the Blue Jays games daily on the CoolBet online sportsbook.

If youre looking to get involved with some NFL betting as well, you can also wager on the NFL preseason. The league is entering their second week of preseason action this Thursday, with games running all the way through Sunday.

Heres a quick look at the upcoming NFL preseason schedule:

NFL NBA MLB Sports Betting Writer

An online sportswriter since 2019, David has spent time covering all four major Philadelphia sports teams for Philly Sports Network and FanSided. He spent time as an NFL/MLB Staff Writer for EndGame360s Sportscasting page and has appeared on several popular podcasts.

NFL NBA MLB

An online sportswriter since 2019, David has spent time covering all four major Philadelphia sports teams for Philly Sports Network and FanSided. He spent time as an NFL/MLB Staff Writer for EndGame360s Sportscasting page and has appeared on several popular podcasts.

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How a Bettor Turned $25 Into Over $11,500 With a 12-Leg Parlay on DraftKings Sportsbook – DraftKings Nation

Posted: at 12:25 am

A DraftKings Sportsbook bettor had a massive win this Wednesday, correctly picking 12 different MLB bets for a payout of $11,587.32 off of just a $25 bet on DraftKings Sportsbook.

The parlay included:

This bettor combined a group of moneyline bets, run lines and totals from a handful of Wednesdays baseball games and swept the entire board, winning this wild parlay at odds of +38541. The most notable outcome from this group of bets was certainly the Rays-Yankees game, where the Rays took a 7-4 lead in the top of the 10th inning before conceding a walk-off grand slam to Josh Donaldson.

The Rays lost the game, but fortunately for this bettor, the parlay had the Rays run line instead of the moneyline, meaning they just had to cover the +1.5 run spread. This could have been a devastating loss had the Rays only led by one or two runs when Donaldson walked it off, but the parlay remained intact because of the three-run lead that turned into a one-run defeat.

A handful of these teams won their games easily, including the Blue Jays, Mariners, Padres and Cardinals, but most of the games in the parlay actually went down to the wire. The Pittsburgh and Cleveland games needed late inning rallies to get the job done, as the Red Sox led 5-2 over the Pirates heading into the ninth inning and scored three runs to push the game over its 8.5 total. The Guardians trailed 4-2 in the bottom of the eighth against the Tigers, but scored six runs en route to an 8-4 win, fueled by a go-ahead blooper off the bat of Jose Ramirez.

The As and Rangers over bet (8.5) was looking bleak for a while, too, as Oakland led 4-1 going into the eighth inning, but the As put up three runs in the top of the inning with a pivotal two-run (and first career) home run from top prospect Shea Langaliers.

The Rangers then drew two consecutive walks to begin the bottom of the ninth before a Mark Mathias double pushed a run across the plate, sending the game over the total in the process.

Elsewhere in the parlay, the Mets held on for 9-7 win in Atlanta despite giving up two runs in the ninth inning and allowing the potential tying run to come up to the plate. The Dodgers, Astros and Diamondbacks all held on for narrow victories, as well, and this massive long shot became a reality for this lucky DraftKings Sportsbook bettor. The outcome at Yankee Stadium would have been sufficiently dramatic on its own, yet this bet wound up having a ton of excitement from several games across the league.

Place your MLB bets at DraftKings Sportsbook or by downloading the DraftKings Sportsbook app.

All views expressed are my own. I am an employee of DraftKings and am ineligible to play in public DFS or DKSB contests. The contents contained in this article do not constitute a representation that any particular strategy will guarantee success. All customers should use their own skill and judgment in building lineups.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL/IN/MI/NJ/PA/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (CO/NH), 888-789-7777/visit ccpg.org/chat (CT), 1-800-BETS OFF (IA), 1-877-770-STOP (7867) (LA), 877-8-HOPENY/text HOPENY (467369) (NY), visit OPGR.org (OR), call/text TN REDLINE 1-800-889-9789 (TN), ConnexOntario 1-866-531-2600 (ONT), or 1-888-532-3500 (VA).

21+ (18+ NH/WY; 19+ ONT). Physically present in AZ/CO/CT/IL/IN/IA/LA/MI/NH/NJ/NY/ONT/OR/PA/TN/VA/WV/WY only. Eligibility restrictions apply. See draftkings.com/sportsbook for full terms and conditions. DraftKings operates pursuant to an Operating Agreement with iGaming Ontario. Please play responsibly.

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How a Bettor Turned $25 Into Over $11,500 With a 12-Leg Parlay on DraftKings Sportsbook - DraftKings Nation

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Miami Marlins at Oakland Athletics odds, picks and predictions – USA TODAY Sportsbook Wire

Posted: at 12:25 am

The Miami Marlins (52-69) and Oakland Athletics (45-77) meet Monday at 9:40 p.m. ET at the Oakland Coliseum. Lets analyze Tipico Sportsbooks lines around the Marlins vs. Athletics odds with MLB picks and predictions.

Season series: First meeting since 2017; all-time series tied 8-8 since 2003

The Marlins are continuing a road trip that opened with 3 straight losses to the Los Angeles Dodgers. Miami has dropped 4 straight overall and is just 2-8 since Aug. 12.

The Athletics are continuing a homestand that opened with the club taking 2 of 3 from the Seattle Mariners. Oakland was a solid 9-5 in its 1st 14 games of the 2nd half. But the As are just 4-11 since.

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RHP Edward Cabrera vs. RHP Adam Oller

Cabrera (3-1, 1.78 ERA) has made 6 starts this season. He has a 1.05 WHIP, 4.8 BB/9 and 10.7 K/9 in 30 1/3 IP.

Oller (2-5, 6.63 ERA) has appeared in 15 games (10 as a starter). He has a 1.69 WHIP, 4.6 BB/9 and 5.8 K/9 in 54 1/3 IP.

Odds provided by Tipico Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated at 1:42 p.m. ET.

Exclusive USA TODAY Network offer: Deposit $10 or more, get $200 in instant bet credits at Tipico Sportsbook! New customer offer in CO and NJ. 21+, see Tipico.com for Terms and Conditions. Place your legal, online sports bets at Tipico. Lets make this interesting. Bet now!

Marlins 5, Athletics 3

Miami has played a tough slate during its recent slump. Cabrera gives the Marlins the better chance in the games early innings, and the Miami pen especially the back end is in much better shape heading into this contest.

Take the Marlins up to a -140 price. PASS otherwise.

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The tag here works better than the above play on the Money Line. BACK MIAMI -1.5 (+120).

A runs-versus-runs expected analysis comes out pretty even on both sides. There is some lean against the pitching, and on a breeze-out evening the low number here would be worth a look if it got plus return.

PASS on the current Over 7.5, but thats the play if the tag hits +105 or better.

Bet legally online with a trusted partner: Tipico Sportsbook, Sportsbook Wires official sportsbook partner in CO and NJ. Bet now!

If youre looking for more sports betting picks and tips, access all of our content at SportsbookWire.com and BetFTW, or try out our USA TODAY Parlay Calculator. Please gamble responsibly.

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Miami Marlins at Oakland Athletics odds, picks and predictions - USA TODAY Sportsbook Wire

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California: sportsbooks and cardrooms add new allies against tribal sports betting proposal – Yogonet International

Posted: at 12:25 am

The battle between sportsbook operators and local tribes over sports betting legalization in California shows no signs of slowing down. With two primary sports betting initiatives on the November ballot, and little time left, the feud between these two initiatives continues to rise. The latest development has seen additional California cities and organizations announce their opposition to Proposition 26, which they described as a measure that "directly harms local communities."

There are two sports betting initiatives on the November ballot. Proposition 26,a proposed constitutional amendment that would allow retail sportsbooks at Indian casinos and state-licensed racetracks; and the sportsbooks-backed Proposition 27, which seeks to legalize online sports bettingwhile redirecting a percentage of tax revenue to address homelessness.

State cardrooms-backed group Opposition to Proposition 26 argues that the measure "weaponizes the Private Attorney General Act (PAGA), so it can be used against tribal casino operators legally-operating competition." The opposing side further argues that the measure seeks to grant tribal casinos a "near monopoly on all gaming in California" by adding exclusivity over roulette, craps, and sports wagering.

Newly announced cities and organizations opposing Prop 26 include local governments and elected officials, among them the City of Bellflower; and Luis Roa, Mayor, City of Hawaiian Gardens. Animal rights organizations have also moved to oppose the proposal, including Central Oregon Wild Horse Coalition; Front Range Equine Rescue; Paw Project; Return to Freedom; and Santa Paula Animal Rescue Center.

As for political organizations, the San Joaquin County Democratic Central Committee has also announced its opposition to the tribes-backed proposition. Business organization San Juan Capistrano Chamber of Commerce also followed suit.

Opposers of Proposition 26 claim the proposed change in the State Constitution "allows tribal casinos to hire private trial lawyers and replace the role of the Attorney General to sue their non-tribal competitors. As a result, the measure puts more than 32,000 jobs, $1.6 billion in wages, and $5.5 billion in total economic impact at risk."

Local cardrooms have described Proposition 26 as a "poison pill,"as it would force them "out of business and result in a loss of $500 million in local tax revenue statewide." Prop 26, The California Sports Wagering Regulation and Unlawful Gaming Enforcement Act, is supported by a coalition of more than 50 California Indian tribes, led byPechanga.

Thursday's announcement of new cities and entities opposing Prop 26 adds to a list that already counts the California Contract Cities Association, Gateway Cities Council of Governments, Disabled American Veterans, California Hispanic Chamber of Commerce, and Los Angeles County Business Federation, among others.

However, Prop 26 also has its supporters. "A large and growing coalition of Indian Tribes, social justice advocates, teachers, parents, homeless and mental health advocates, business, public safety, and labor leaders allstrongly oppose Prop 27,"Kathy Fairbanks, spokesperson for Yes on 26 and No on 27 campaigns, said earlier this week.

Prop 27 is also facing rejection from a number of parties. In addition to most tribes, the proposal is opposed by the advocacy group League of California Cities, which argues the amendment would jeopardize local tax revenues; and by Californias Democratic Party, which holds majorities in the legislature and occupies the governors office.

A group of leaders of California Democratic and Republicans in both the Senate and the Assembly also unveiled an anti-Prop 27 stance earlier this month, including Senate President Pro Tempore Toni Atkins, D-San Diego; Senate Minority Leader Scott Wilk, R-Santa Clarita; Assembly Speaker Anthony Rendon, D-Lakewood; Assembly Minority Leader James Gallagher, R-Yuba City.

However,earlier this week, Prop 27 scored a major supporter after Major League Baseball (MLB)announced its support for the online betting plan, which is backed by a number of sports betting companies including DraftKings, FanDuel, BetMGM, Bally Bet,WynnBET,Barstool Sportsbook,andFanatics.

California ranks among one of the biggest prizes if a sports gambling ban is overturned.Chris Gove, an investor in the sports betting space and partner in consulting firmEilers & Krejcik Gaming, estimates that a mature,online sports betting market in California could generate as much as $3 billion in annual revenue. In comparison, industry trade publication VIXIO Gambling Compliance estimates retail-only sports betting would generate $356 million in annual gross revenueby the fifth year.

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California: sportsbooks and cardrooms add new allies against tribal sports betting proposal - Yogonet International

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Crypto Market and Online Gambling Guide – TechAcute

Posted: at 12:23 am

Technology has made huge strides in recent years, and we could use a steady stream of new tools and services. These days, we have access to them with just a few keystrokes. Some of the most popular are online casinos and cryptocurrencies, and thats what we will talk about.

Lets start with what a crypto casino is. This is an online gambling platform that allows you to make deposits and withdrawals in one or more cryptocurrencies. It supports payment in cryptocurrency and can be considered a Bitcoin casino.

The fact is that cryptocurrency is something more and more people want to do, and there are many reasons for this. Especially when playing at an online casino, cryptocurrency offers several important factors that make it a very popular payment method. New currencies are also often introduced on a lot of gambling sites. One of the most popular ones is BTC.

The methods of storing Bitcoin vary depending on the technique chosen. Cold wallets are better for investing. The cryptocurrency may be stored on a computer or flash drive. Plus, no one can take Bitcoin unless they have direct access to it.

Visit the bitcoin gambling guide to find out more information on this topic. The review provides all the needed details on how to play, deposit, and withdraw using crypto.

The operation of a blockchain casino is based on a smart contract. It is a digital protocol, the purpose of which is to transfer information and ensure that the established terms of the agreement are enforced.

In other words, it is a program that performs certain actions when specified conditions are met. A contract provides players with a payout in the event of a win. How it works:

Bitcoin casinos have several benefits over traditional online casinos:

At the same time, cryptocurrency casinos are a rather new phenomenon, with many of the organizational concerns around their operations remaining unresolved. Furthermore, Bitcoin casinos are not always licensed. They often exclusively provide their games designed particularly for them and cannot always brag about diversity.

Most gambling sites that use cryptocurrency provide new players with welcome incentives. They are not standardized, which means that each platform has its own set of rules and restrictions. Therefore, it is always a good idea to read the terms and conditions of a deposit bonus.

Our guide is made up of the most basic provisions that a novice gambler needs to know and take into account. And remember the most important rule: do not be afraid to take risks, and then success will come to you. But always think over and consider everything before making a decision.

Photo credit: The feature image has been done by Vitalik Radko.

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Crypto Market and Online Gambling Guide - TechAcute

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How Fin-Tech Improves the Quality of the Online Gambling Industry – Intelligent Living

Posted: at 12:23 am

In the digital age, financial technology, or fintech, is the most important thing for every business. The pressure to improve the customer experience and keep doing so has made the market competitive. This means that consumers or users now have more options than ever before and can expect high-quality services on any platform they choose.

Unsurprisingly, the iGaming industry has welcomed developments in the payments and financial sectors. After all, online gambling relies on secure payment methods.

There are no side features of smooth transaction methods where players can deposit money, withdraw their earnings, and get their casino bonus on online gambling sites. It now defines the modern online casino.

Lets look at several ways that fintech has changed the iGaming industry.

Smartphones and tablets are heavily used worldwide. Moreover, these inexpensive communication devices double as entertainment tools. Powerful handhelds have several uses, including mobile gaming.

Other areas that improved were mobile banking and payments. Mobile payment applications have increased significantly during the last ten years.

In addition to more recent apps like Venmo and CashApp, there are also older programs like PayPal that have been present since the internets existence.

When picking a casino payment option, most gamblers consider several aspects. Mobile compatibility became their top priority.

Now gamblers may play on the go and conveniently deposit and withdraw money from online casino accounts.

The ability to swiftly deposit and withdraw is always a plus. However, many old payment methods dominating the industry have demanded hefty transaction fees, hurting both players and casino owners.

Its changed, fortunately. First, e-wallets like PayPal demonstrated whats possible. Then, cryptocurrencies and blockchain later changed transaction costs in unprecedented ways. These technologies boosted transaction efficiency while reducing costs.

Beyond that, blockchain and cryptocurrency impacted more than online gamingtheyve created new online casinos. Finding a blockchain-based online casino is effortless these days. These sites offer all the benefits of regular online casinos plus provably fair online casino games. These sites also showed users how it feels like to use crypto.

Gamblers value privacy, cost-effective transactions, and fairness. Due to privacy concerns, many people avoid online gaming. This is reasonable because many online casinos ask for personal information, especially if youre betting real money.

Fortunately, fintech solutions like E-wallets and digital currency may have overcome this difficulty. Theyve done this by limiting or removing online gamers need to disclose personal information. This gives clients peace of mind as their data was never handed out, making their gambling private.

However, concerns have been raised about fraud and underage gaming. Gambling authorities and operators are attempting to protect users more effectively. This is where machine learning and AI came to help spot suspicious behaviors.

So, what will happen to the old means of making a transaction with all the modern fintech? They need to change to keep up with the fast-paced, technology-driven world.

Many of the payment methods that used to be the most popular have become obsolete. High-security checks and wire transfers are now irrelevant in the digital world. After all, theyre slow and dont give the convenience of new fintech payment methods for modern gamblers.

But its not all bad. Some outdated payment methods are still used because theyve adapted to new technologies. Most online casinos still accept debit and credit cards.

Most online casinos are still accepting Visa, MasterCard, and Amex. They have reasonable transaction fees, decent processing speeds, and world-class security. However, they cant offer anonymity and are still expensive compared to e-wallets and cryptocurrency.

Many gamblers still use other alternatives such as electronic checks (e-checks) and gift cards. This is especially true for older ones who want to stick with what they know and can trust. They may have some limits, but in the end, they work based on what users are willing to give up.

Technology improves every day. These changes will likely affect the payments and financial industries, so gamblers and online gambling operators must be ready. Some changes will happen slowly, while others will happen quickly.

As the market becomes more competitive, its clear that there are many things to look forward to. Most new and upcoming payment methods are designed based on the consumers needs. This means that anyone can access them, and they are trustworthy. We expect that even the old payment service providers will eventually change how they do business.

For instance, many large organizations have been eager to use blockchain and cryptocurrency. But thats only the beginning. A lot more is on the way, and we cant wait to discover how this helps the gamers and the online gambling industry.

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How Fin-Tech Improves the Quality of the Online Gambling Industry - Intelligent Living

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Multiply Your Online Casino Winnings By Withdrawing Money To The Crypto – Cryptopolitan

Posted: at 12:23 am

It is no longer news that crypto is todays face of online gambling. Unlike in the past, businesses now utilize these digital currencies for a faster payment experience and a higher investment potential. The fastest withdrawal online casino in Canada and other regions uses cryptocurrencies as their selling point, offering instant withdrawal and zero to little charges. Thus, players can cash out their full winnings and evade the huge percentage fees in most standard banking options. With that in mind, cryptocurrencies present numerous investment opportunities to individuals and businesses; they are also available in almost every online business dealing with payments.

Thus far, online casinos now accept cryptocurrencies like Bitcoin, Litecoin, and Ethereum for both withdrawals and deposits. In Canada and other world regions, these crypto casinos are already in huge numbers and keep growing by the day.

Let us take a quick look at how withdrawing into cryptocurrencies can help increase your online casino winning potential.

There are many reasons that cryptos keep blowing up, and this is due to their global acceptance and finite supply. Whether a beginner or an experienced gambler, withdrawing in digital currencies will allow for greater profit, as these currencies come with many benefits.

Below are some reasons why you should cash out casino winnings in crypto, especially as a player in Canada.

Casino withdrawals are pretty complex in some cases. Moreover, some withdrawal options feature high fees and withdrawal charges. Thus, players do not often receive full winnings when using specific fiat withdrawal methods. However, the case is different for cryptocurrencies, as players have access to low withdrawal charges and an instant payout experience.

Digital coins feature high ROIs. Due to their investment potential, they offer a wide range of profit-making possibilities for casino players. As of 2020, the value of one Bitcoin stood at about $7,000. Fast forward to 2022, one Bitcoin stands firmly at a value of about $47,000. This growth is more than 600% growth within two years. Other digital coins also experience these huge growth rates, paving the way for crypto gamblers to make more money withdrawing from different digital currencies. If the value of a cryptocurrency increases within a few hours, your winnings also multiply as your values move with the current rate of your chosen currency.

Digital coins are still relatively new, so most casino users are not yet conversant with crypto-based wallets. Due to this, most crypto-based casinos now offer huge bonuses for new and returning players. All casinos offer welcome bonuses; however, these bonuses are often bigger with digital coins, as casinos try to attract more users with these special offers. In addition, coin bonuses usually depend on the crypto-wallet a gambler uses. Wallets like Coinbase and Binance have good partnerships with casinos. Thus, it is easier to carry out transactions and bag bonus offers.

Digital currencies have taken over the gambling world for several reasons. Besides the overall anonymity and security, crypto-based payments are instantaneous and free of charge. Thus, users experience a decentralized payout. Digital coins do not directly increase your online casino winnings; however, they offer a better banking experience and higher profit-making opportunities.

In contrast to fiat currency methods, digital money has a higher growth rate, so it takes quite a shorter time to make profits. However, using cryptocurrencies is two-sided, as these coins also decrease in value most times. Overall, the benefits of withdrawing from crypto outweigh the cons, so there is more to gain in the long run.

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Multiply Your Online Casino Winnings By Withdrawing Money To The Crypto - Cryptopolitan

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