S.C. Prepares for Fall Steeplechase with Push for Betting Approval

The Fall Steeplechase in Aiken is fast approaching, and with it comes a renewed effort to prioritize sports wagering in South Carolina. House Bill 3514, which passed the House Judiciary Committee, is set to be presented to the South Carolina Senate in January.

Frank Mullins, President of the Aiken Steeplechase Association, emphasized the current existence of sports wagering in the state, noting that a significant amount of money is being wagered without any regulation or benefit to the state. He stressed the need for proper regulation, as well as the potential financial implications for South Carolina.

Under the proposed Equine Advancement Act, South Carolina would implement an advance-deposit wagering system, requiring bettors to fund their accounts before placing bets. Bill Gutfarb, President of the Aiken Training Track, highlighted the potential benefits for the equine industry, including the creation of the Equine Industry Development Fund from commissions on advance-deposit wagering licenses.

The financial burden of maintaining racing facilities like the Aiken Training Track was also discussed, with Mullins underscoring the expense of upkeep. The potential impact of the legislation on retaining horses and attracting more trainers to South Carolina was emphasized as well.

To provide lawmakers with further insight, Mullins and Gutfarb visited the Virginia Gold Cup to demonstrate how advance-deposit wagering works. Their efforts to garner support for the legislation were evident as they encouraged individuals to engage with legislators and advocate for the bill’s passage.

The passing of the Equine Advancement Act would not only bring substantial benefits to the equine industry but also contribute to the regulation of sports wagering in South Carolina. Overall, the legislation is seen as a crucial step forward for the state’s racing and equine communities.

Seminole Tribe introduces online sports betting for eligible Florida residents

The Seminole Tribe of Florida recently announced the opening of online sports betting for some Florida residents. However, the access is limited to those who already have the tribe’s sports betting app downloaded from 2021 before it was challenged in court.

In a statement released by the Seminole Tribe, it was revealed that they are offering restricted access to existing Florida customers to test its Hard Rock Bet platform. They have not specified when the online version will be opened to all Floridians, but they did mention that in-person sports betting and expanded gaming options for everyone are set to go live in December.

According to the tribe’s statement, events and offerings include the launch of craps, roulette, and sports betting on specific dates in December at various Seminole Casinos across South Florida. These casinos include the Seminole Hard Rock Hotel & Casino Hollywood, Seminole Classic Casino in Hollywood, Seminole Casino Coconut Creek, and Seminole Hard Rock Hotel & Casino Tampa. Additionally, Seminole Casino Immokalee near Naples and Seminole Brighton Casino on the northwest side of Lake Okeechobee will also launch these new games.

The announcement of expanded betting at Seminole gaming sites came about a week after the U.S. Supreme Court rejected an emergency bid on Oct. 25 to block the multibillion-dollar agreement between Florida and the Seminole Tribe to offer online sports betting throughout the state.

As for the future of online sports betting, the Seminole Tribe is ramping up its efforts to provide wider access and opportunities for sports betting among Florida residents. This move is seen as a major step towards integrating online sports betting into the state’s gambling landscape.

John MacLauchlan is a digital team member with CBSMiami.com and has played a crucial role in covering the latest developments in online sports betting in Florida.

FanDuel’s Same-Game Parlay Revolutionizes Sports Betting Industry

As sports betting picked up in the US during 2019, gambling companies vied for dominance. FanDuel, owned by European gambling giant Flutter Entertainment, had a secret weapon up its sleeve. It was racing to launch its “same-game parlay” in the US, a betting style that had yet to make an appearance in the market. This innovative feature allowed users to combine bets on multiple events within a single match, referred to as a parlay, and was spread out over several markers for more chances of winning big.

“We started to realize that we had really caught something quite unique here and started to really double down on the investment,” said John Maguire, the leader of the team at Sportsbet that developed the product.

FanDuel released the product in September 2019 with the NFL, and then the NBA. By its fifth month available, adoption had ticked up to about 5% of the online sports betting wagered on FanDuel. When the pandemic interrupted live sports for a few months in 2020, FanDuel capitalized on the moment to make the same-game parlay the star of its ad campaigns. This move paid off as the product grew from 5% to 10% of FanDuel’s bets when the NBA resumed play in July 2020.

Today, nearly all of FanDuel’s competitors have their versions of this bet type. This has stirred up an “arms race” amongst the US sportsbooks, all trying to outdo each other in the competitive gambling market.

The same-game parlay has been a crucial factor in propelling FanDuel to the forefront of the betting market. It has led the way in garnering high percentages of gross gaming revenue compared to its rivals.

The product has also helped boost FanDuel’s top line in the fiercely competitive industry. Parlays are higher-risk, higher-reward bets since you’re stacking odds against yourself. They translate into higher margins for operators. From each dollar wagered, FanDuel claims it makes about 50% more in gross gaming revenue than its competitors because of the popularity of the product.

Today, while nearly all of FanDuel’s competitors have their versions of this bet type, the same-game parlay branding that FanDuel has since trademarked has stuck. This has further deepened their stronghold in the betting market. So, what began as a move to gain a competitive edge at a crucial time in the betting market has now become the go-to strategy for US sports betting. This product has pushed the features and options for betting to new heights, and remains an industry game changer.

Nuggets vs. Warriors: Can Denver cover the spread? Get the latest promo codes, betting trends, and ATS records

The Denver Nuggets (7-1) will be looking to extend their winning streak to four games when they face the Golden State Warriors (6-2) on Wednesday, November 8, 2023, at Ball Arena. The Nuggets are favored by 3.5 points in the matchup, which is set to air at 10:00 PM ET on ESPN, ALT, and NBCS-BA. The point total for the game is 228.5.

Nuggets vs. Warriors Odds & Info:
– When: Wednesday, November 8, 2023 at 10:00 PM ET
– Where: Ball Arena in Denver, Colorado
– TV: ESPN, ALT, and NBCS-BA

In terms of betting, viewers can wager on the game through BetMGM, which is offering a first-time deposit bonus for new users.

Nuggets Betting Records & Stats
– Denver and its opponents have scored a combined total of more than 228.5 points twice this season (in eight games).
– The average point total in Denver’s matchups this year is 223.1, which is 5.4 fewer points than the over/under for this game.
– The Nuggets are 5-3-0 against the spread this season.

Golden State, on the other hand, has played four games this season that finished with a combined score over 228.5 points. Their average total for games is 226.5 points, which is 2.0 fewer points than the over/under for this game. The Warriors are 4-4-0 against the spread this season.

Both teams have favorable records when scoring above their opponents’ average points allowed, making this matchup an intriguing betting prospect.

The game also offers an over/under bet, with the Nuggets and Warriors having varying statistics when it comes to games with more than 228.5 points.

In terms of ATS records and point insights, the Nuggets and Warriors have had statistically different but promising seasons.

To place bets and gain access to promotions, users can head to BetMGM, ensuring that they are of the legal and responsible gambling age. At present, BetMGM is also offering a variety of promotions to its users.

The article concludes with the copyright assertion that “© 2023 Data Skrive. All rights reserved.”

Knicks vs. Spurs: Analyzing Promo Codes, Betting Trends, and Records ATS to Predict the Spread

The New York Knicks (3-4) will face off against the San Antonio Spurs (3-4) as 9.5-point favorites on Wednesday, November 8, 2023, at 7:30 PM ET on ESPN. The point total for the game is set at 224.5.

NBA fans can place their bets on any matchup at BetMGM and receive a first-time deposit bonus by signing up with their link. The game will be televised on ESPN and will take place at Madison Square Garden in New York City, New York.

According to the odds, the Knicks are favored by 9.5 points with a total set at 224.5. Those interested in betting can head to the BetMGM Sportsbook to check out the latest NBA odds and place their bets on this matchup.

So far this season, the Knicks have gone over 224.5 points in one contest. Their games have had an average of 206.9 points, which is 17.6 fewer than the over/under for this matchup. The Knicks have a 4-3-0 record against the spread this season.

It’s worth noting that New York has been favored three times and has won two of those games. Additionally, the Knicks have not entered a game this season with shorter moneyline odds than -450. The sportsbooks’ moneyline implies an 81.8% chance of a victory for the Knicks.

On the other hand, the Spurs have played six games this season that have had more than 224.5 combined points scored. Their average over/under for matchups this season is 240.4, 15.9 more points than this game’s total. San Antonio is 3-4-0 against the spread this year.

The data suggests that the Spurs have an implied victory probability of 22.7% according to the moneyline set by oddsmakers for this matchup. It’s clear that the Knicks and the Spurs will be facing off in what could be a competitive match, leading fans to anticipate an exciting game.

© 2023 Data Skrive. All rights reserved.

NHL Picks for Tuesday’s Games: 11/7/23

Tonight’s NHL action features a whopping 12 games, offering a plethora of betting opportunities for hockey fans. Whether it’s moneylines or total goals, there are plenty of ways to jump into the betting market this season. With the long 82-game campaign, the best selections of each night can change based on various factors such as backup goalies, injuries, and team performance trends.

Buffalo Sabres at Carolina Hurricanes

Under 6.5 Goals (+104)

The Sabres are putting up a decent offensive effort, averaging the sixth-most goals per 60 minutes despite struggles in total shot attempts created. On the other hand, the Hurricanes have put together a solid offensive performance but have also shown defensive strength, leading to a potential low-scoring game.

The goaltending will be a key factor, with both teams’ goalies posting relatively average performances behind solid defensive efforts. numberFire’s model gives this game a 51.42% likelihood of hitting the under tonight.

Pittsburgh Penguins at Anaheim Ducks

Ducks +1.5 (-170)

The Ducks are on a six-game winning streak, making them a strong pick to cover the spread against the Penguins, who are still favored despite Anaheim’s recent success. Anaheim’s 23-year-old goalie, Lukas Dostal, has been outstanding, posting solid statistics that should help keep the Penguins at bay.

The Ducks also excel in limiting goals against, creating a challenging matchup for the Penguins’ powerful offense. numberFire’s model gives the Ducks a 66.17% likelihood of covering tonight.

New Jersey Devils at Colorado Avalanche

Avalanche -1.5 (+130)

The Avalanche have had some recent rough luck, but their strong underlying statistics in shot attempts and defensive performance suggest that they are due for a turnaround. Facing a depleted Devils lineup, the Avalanche will have a good chance to capitalize on their strengths and secure a convincing win.

Overall, the Avalanche’s strong defensive performance and underlying offensive potential make them a solid choice to cover the spread tonight. For more NHL betting opportunities, fans can check out all of the NHL odds at FanDuel Sportsbook.

Expert Tips for Managing Your Sports Betting Bankroll

OddsShopper promotes responsible sports betting and offers expert advice on how to manage your betting bankroll to maximize your chances of success. It is important to have a system and trust it when it comes to betting bankroll management. You shouldn’t bet at random and let external factors sway your decisions. The Kelly Criterion, used by OddsShopper’s sports betting model, and the concept of “units” are two different systems you can use for bet sizing. The Kelly Criterion uses a projections-based approach to optimize bet size and minimize risk, while units are a percentage of your bankroll and can be adjusted based on your estimated win probability.

It is important to remove biases from the equation when managing your betting bankroll. Emotional reactions to losses or wins can lead to poor decision-making and result in a drained bank account. Avoid falling into the trap of the “gambler’s fallacy” by believing that past outcomes influence future events. Chasing losses or wins can lead to reckless betting and further losses. Additionally, anchoring bias, or placing too much emphasis on one piece of information, can lead to misguided betting decisions.

OddsShopper’s sports betting model and expert advice provide a comprehensive guide to managing your betting bankroll. By utilizing the Kelly Criterion or unit-based bet sizing and removing biases from your decision-making process, you can maximize your chances of profitable sports betting while reducing the risk of financial loss. It’s important to approach sports betting with discipline and logic to ensure long-term success.

Proposed Rules Prohibit Betting Companies from Purchasing Naming Rights to NC Arenas and Tracks

The North Carolina Lottery Commission’s sports betting committee has proposed a set of rules that would prohibit naming rights opportunities for betting companies at sports facilities and racetracks across the state. This means that arenas like Raleigh’s PNC Arena and Charlotte’s Bank of America Stadium would not be allowed to have names like “Caesars Arena” or “FanDuel Field.”

The proposed rule states, “No operator shall contract for or purchase the right to name a sports facility or racetrack, or any physical location within the sports facility or racetrack.” However, the rule does allow for in-person sportsbooks to bear the operator’s tradename. For example, there could be an “ESPN BET Sportsbook” at Charlotte Motor Speedway.

The commission is currently working through rules for every aspect of the sports betting industry as it faces a June 15 deadline to have sports betting up and running in the state. Sports betting could begin as soon as Jan. 8, although no specific date has been set.

The proposed rules, totaling more than 250 pages, also touch on licensing provisions, disciplinary actions and hearings, responsible gaming, wagering accounts, wagering facilities, and advertising and marketing standards for sports wagering.

Some key points from the proposed rules include:
– Bettors can wager and/or win up to $10,000 anonymously at in-person sports wagering facilities, but for amounts over $10,000, bettors must provide personal information.
– Advertising must include a statement that those under 21 cannot bet and cannot include or depict college students or college-related settings.
– Further, advertising cannot be aimed at those under 21, including on platforms primarily used by them, at events with a young audience, or at any schools or college venues.

The public comment period for these proposed rules is open until Nov. 27, with a public hearing scheduled for Nov. 20. The commission will vote on a first set of rules and definitions later this month.

Top Football Betting Sites for NFL Week 10: PrizePicks, DraftKings, and Caesars Recommended

The 10th week of the NFL season is here, and OddsShopper has compiled the best football betting sites and NFL promo codes for new depositors to consider. The focus is on PrizePicks, DraftKings, and Caesars Sportsbook. If you’re looking for a new sports betting app to try, OddsShopper has you covered.

PrizePicks offers a simple way to win money by picking whether players will go over a certain fantasy score or stat. With multiple winning selections, you can earn big-time payouts. The mobile app experience is top-notch, and the ongoing promotions and bonuses are excellent. By using OddsShopper Premium’s betting model predictions, you can get a $100 deposit match and a free month of OddsShopper Premium.

To take advantage of the PrizePicks promo code and try out OddsShopper Premium, create a new account using the PrizePicks promo code during registration and make a first-time deposit on PrizePicks.

DraftKings is a heavyweight in the sports betting industry, with one of the best overall products in daily fantasy sports and sports betting. New players can get $200 in Bonus Bets for depositing and placing a qualifying $5 wager. You can also access same game parlay bets every day throughout the 2023 NFL season.

To claim the promo code for DraftKings, create a new account using the DraftKings promo code during registration, make a first-time deposit, and place a first-time wager of $5 on DraftKings Sportsbook.

Caesars Sportsbook is known for its strong reputation and brand presence, competitive odds, user-friendly platform, and top-notch promos. New depositors can get up to $1,000 first bet insurance for a limited time. You can also earn tier and rewards credits, which can be redeemed for discounted hotel stays, Caesars bonus bets, and more perks.

To claim the promo code for Caesars Sportsbook, create a new account through OddsShopper’s referral link, make a first-time deposit, and place a moneyline wager up to $1,000.

For more of the best Week 10 football betting promo codes, offers, and bonus codes, OddsShopper can help you find top-notch NFL betting deals in your state.

Up-to-Date Bears Betting Lines, Futures, and Super Bowl Odds Released

The Bears suffered a loss to the Saints last week and are now looking to take on the Panthers in Week 10 of the NFL. Despite a record of 2-7, the Bears are hopeful that quarterback Justin Fields will be back in the lineup for this game. The Bears currently hold Carolina’s No. 1 pick in the 2024 NFL Draft, so every loss for the Panthers brings the Bears closer to securing the No. 1 overall pick in the draft.

Chicago is favored in the NFL odds for the first time this season, with a 3-5-1 ATS, while Carolina is 1-6-1 ATS. The Bears’ Super Bowl odds are currently on the low end, ranging from +30000 to +100000. Similarly, their odds to win the NFC Championship range from +30000 to +60000.

Bettors can find Chicago Bears odds and betting lines on several online sportsbooks, many of which offer special NFL betting promos. For example, BetMGM offers a bonus code that allows new users to unlock a “Bet $10, Get $200 in Bonus Bets Instantly” offer. Similarly, Caesars Sportsbook offers a promo code that unlocks a $1000 First Bet on Caesars. DraftKings provides first-time users with $200 in bonus bets instantly after signing up and making a first wager of at least $5. Finally, FanDuel offers $150 in bonus bets for new users who make a successful initial moneyline wager of $5 or more on any market.

It is important to note that Gannett may earn revenue from sports betting operators for audience referrals to betting services, however, sports betting operators have no influence over newsrooms, news coverage, or any revenues linked to such betting. Additionally, readers are urged to comply with laws applicable to their location as sports betting and gambling are not legal everywhere. If you or someone you know has a gambling problem, help is available.