by Michael Molter | Dec 7, 2024 7:17 am | Sports Betting
The average hold rate in Nevada averaged 5-7% before 2018. Since nationwide regulation, sportsbooks now keep 9.7% of every dollar bet. This increase easily links to parlay promotions and advertising. Some states are seeing nearly 70% of their monthly revenue come from...
by Giovanni Shorter | Aug 14, 2021 8:50 am | Sports Betting
The Kansas City Chiefs are the +500 favorites to win the Super Bowl. The Denver Broncos have -140 odds to beat the Minnesota Vikings. Jacksonville Jaguars are -3 favorites to beat the Cleveland Browns. NEW YORK – The NFL season is incoming and there will be plenty of...
by Jimmy Reinman | May 26, 2020 11:43 am | Sports Betting
Bovada is offering special prop soccer parlays for Tuesday’s Bundesliga action. These massive parlays include a +5000 for Hoffenheim, Union Berlin, and Monchengladbach to keep a clean sheet. Odds of +4000 are also available for a triple upset to occur. MUNICH, Germany...
by Giovanni Shorter | Jan 14, 2020 11:04 am | Sports Betting
Tennessee’s sports betting regulations are drawing negative comments. Experts feel that it is detrimental to their sports betting market and could cost them millions in losses. Study shows France, another market with similar regulations, suffers because of it....
by Michael Molter | Sep 21, 2019 11:24 am | Sports Betting
For parlay bets to win, every single “leg” of the wager must be correct or else the entire bet loses. If one bet results in a “push”, then the odds are adjusted by removing that leg from the parlay. Most bettors can’t seem to correctly guess a 4-team parlay, let alone...
