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Posts Tagged ‘sports betting’

Sports Betting Market Gives Punters more Information

Friday, November 19th, 2010

Spots betting companies had another event to take advantage of this past month. This time it was the Formula One race. In the end it was Sebastian Vettel who ended up finishing the race first and he was favorite to win too. Just ask Coral.co.uk, 888Sport.com, VictorChander.com or PaddyPower.com. All were banking on the 23-year old saying that he was all but a shoe-in for the title. If you went to any one of these websites you would see the comprehensive information that today’s market is offering. No longer do you have to make decisions on your own, or based on a “gut” feeling. In today’s sports betting market you can take advantage of the information companies provide. You are going to be able to do all the research you need right from the website. First of all you can look at the person’s history of past performance. This is a great advantage because it can tell you how they fare under pressure. Second, you can see their most recent events and how well they do. This can be a telling sign that they are getting better as performers in their sport of choice. Finally, you can see how they did against their opponents in past races. Was there someone they were particularly intimidated by? Did they cave or did they excel when under pressure against this one opponent? These are things that can give you insight into how the person is going to do this time and help you to make an informed wager.

This is the wave of sports betting—to empower punters with all the information they need. No longer are gamblers just “taking a chance” with their money. It is a science that most gamers want to follow before they start putting their money down. If you go to any of the premiere sports betting websites this isn’t going to be a problem. They continue to push what is offered to bettors and give them the chance to make informed decisions. Having a long list of special features to pay attention to is important and you should use it whenever you can to make better wagering decisions.

WSOG Returns to Market Stronger than Ever

Thursday, October 28th, 2010

One of the best things that has happened for the gambling market is the introduction of big time tournaments. Whether they are gambling-based like the WSOP or sports based like the Super Bowl, gamblers everywhere jump on them for their exciting wagering possibilities. Online gambling companies take wagers in various sporting events in mass numbers and those numbers are set to do nothing but increase in the market. Sports betting is one of the most exciting and prevalent pastimes of the world’s gamblers and is showing no signs of slowing down. There is a new sporting event in the world and it is most likely going to be a welcome entrant to the world of wagering. It isn’t exactly “new” but it has been missing in the market for some time now and is first now reentering the market. It is the World Series of Golf, or WSOG.

The WSOG first began just three years ago and was created to pit the best golfers and poker players against each other. Now the 2010 leg of the tournament is well upon us. The games are going to be exciting because of how they combine gambling with professional golf play. This is something that is going to continue to grow in the market. More and more companies are going to combine with gambling due to its overwhelming popularity. It is a great way for companies to increase their own revenues in the market and come up with better promotional opportunities too. Online gamblers have proven to love sports wagering, and so do land based gamers. Overall bookmakers’ numbers have risen in the past few months—not to the levels they were pre-recession, but they still have been on a positive upswing. That is great news for the market because it is on an upswing too. If you look at the numbers—even in a depressed place like Las Vegas—you are going to see a definite turnaround. It isn’t as big as the market would like, but it still is positive. The WSOG is just one more gaming tournament that most likely is going to bring a huge amount of activity to the market in 2010.

Vegas Sportsbooks Open with Colts as Favorites

Thursday, February 4th, 2010

For the first time in Saints history, the team that only lost three games in the 2009/2010 season, will finally play in a Super Bowl game this February 7th in Miami. Perhaps due in part to this lack of Super Bowl experience, Las Vegas oddsmakers have opened the Super Bowl odds with the Colts as a four-point favorite. side from the fact that Peyton Manning and the Colts have previous Super Bowl experience, Vegas oddsmakers say that Sunday’s close, overtime game against the Vikings also played a big part in deciding the Super Bowl 2010 odds. Las Vegas Hilton‘s race and sports book. “To get five turnovers at home and having to go to overtime to win it, I don’t think they were playing that well.” On the other hand, the Indianapolis Colts have been quite consistent throughout the season.  The Saints, however, have had some very close calls including Sunday night’s game where the Vikings gained 218 more yards and had double the first downs as the Saints. That game went into overtime with the Saints winning by only a field goal, 31-28. Competition is stiff, but the definite favorite is a sign of how the general public is swaying in support. Either way, this Sunday is going to be an excellent day for football and gambling. Millions of Americans are looking forward to an exciting close to the football season and many have bets on the game. Sunday is a much anticipated day and overall one of sports lovers’ favorite days of the year.

“I think the Saints are very fortunate to be in there,” said Jay Kornegay, executive director of the

The MGM Mirage‘s race and sports book director Jay Rood stated that soon after the Saints won against the Vikings, bettors were already taking the Colts to win the Super Bowl. One of the main reasons for this trend was because the Saints didn’t cover the spread and bettors usually won’t pick the team that hurt them a second time.  “They don’t usually come right back on the team that just burned them on a bet,” said Rood.

32Red.com Adopts Sportsbetting

Tuesday, January 26th, 2010

32Red.com, a popular online casino, has announced the launch of a brand new sports betting service for its players. The website is a good one and highly established in the competitive world of online gaming. It already offers a full-range of games in its virtual casino and each one can be played mobile. It also has poker and bingo for its players to enjoy. The new brand will be supported by Global Betting Exchange, the Irish group that provides sportsbook solutions to AsianLogic and PKR Poker. 32Red’s previous attempt in sports betting in the form of Betdirect was bought over by Stan James and sold at a loss.

CEO of 32Red Ed Ware said, “We are very pleased to be launching a 32Red online betting service ahead of what should be an interesting year with England’s participation in the 2010 World Cup. Adding sports betting to our existing range of online gaming services goes a long way to completing our product range and, apart from encouraging our existing players to use 32Red for their sports betting requirements, will also allow us to target new areas in our existing markets.” The company is aggressively targeting a new customer base due to the huge growth in online gambling in the world. Now that gambling is on the cusp of legalization and regulation throughout almost every state in the US, it’s a premiere time to capitalize on the change. 32Red is hoping that the opening up of an entirely new customer base will allow it to grow exponentially in upcoming years.

Since 2006, when the UIGEA was instituted, gambling has been on the rise. In fact, despite the problems in other areas of the world, gambling has continued to grow. Lending, housing, automobile, retail and airline industries have all suffered greatly as a result of the recession of 2008/2009. It’s a great time for established casinos to make aggressive moves into the market to solidify their share of it. Now that 32Red has a new brand of sports betting, it will be even stronger in the market. CEO Ware believes this is the perfect time to start advertising and promoting to bring in new customers.

Delaware Uses Sports’ Betting for Funding

Thursday, December 10th, 2009

 Sports’ betting is in the midst of debates throughout the country. With the recession hard on the heels of Americans everywhere, people and businesses are looking for additional revenue-generating tools to create. The biggest issue is that the recent 2008-2009 recession created an economy that is still suffering. Many businesses closed and others filed bankruptcy protection in an effort to stay afloat. Lenders closed their doors and businesses had to lay off people in mass numbers to sustain themselves. With consumers experiencing unemployment, they weren’t able to spend. Their lack of spending caused more businesses to suffer. The cycle became chronic in the market and many industry experts projected huge losses. They were right.

Now that the recession is considered “over” by many, it’s time to regroup and find out what damage was done. The lending industry is proving to still be having difficult times. Though financial institutions are starting to lend again, this time they are doing it will stricter requirements. For example, Wells Fargo is beginning to advertise lending specials, but the promotion is only open to current customers who have 700+ credit scores.  That greatly narrows down the pool of customers who are eligible for the loans and makes it more difficult for anyone to get back into their normal way of life.  

The economy is still struggling and sports’ betting is coming back into the forefront for debate. Though president Obama said he is not in support of using gambling to fund state coffers, the state of Delaware has had some success with its test round of gaming. Betting on football games in Delaware is proving to be lucrative. The state just announced that it brought in $810,000 in revenue throughout their first three months of operations. Prior to the move, industry analysts were projecting the state would make $500,000. Everyone within the state is excited at the true number that was over $200,000 more than anticipated.  Other states are watching closely the successes in the gambling market and what it means to state budgets. Since Delaware has had success, expect to see more states looking into legalizing sports’ betting and gambling in general.