Tag: Easy

Solid Numbers, Easy Launch Helps Set Groundwork for Future


By noon on Friday, Dan Hartman sensed reality settling in.

Legalized sports betting in Colorado was two hours old. Four operators had live online sportsbooks. By that time, he recalled with a laugh, Hartman felt relief. The much-anticipated launch had occurred. What’s more, it went as smoothly as regulators, operators and the public could have wanted.

That trend carried through the weekend. Few, if any, hiccups arose. Hartman’s cell phone remained relatively quiet. All indications were Colorado sports betting was humming.

Optimism already abounded for the future of regulated wagering in the state. But for Hartman, the director of the Colorado Division of Gaming, as well as for bookmakers and bettors, that seemingly flawless opening weekend instilled even more confidence.

“We as a division were excited about it,” Hartman said of the launch. “I think we were excited by what we saw, and I think the operators were the same way. I think they were excited it came off without any issues. Everybody thought it was a success.”

That said, Hartman assured, while May 1 is now in the rearview mirror, there are plenty more “May 1’s” ahead.

No sports, no problem for Colorado sports betting

Certainly from a revenue standpoint, business could have been better with major sports alive and well. Obviously that did not happen, as the coronavirus pandemic has temporarily canceled all major sports.

From an execution perspective, though, the industry got off the ground with ideal grace.

“We really didn’t see any or hear any (missteps or errors) that would have given us any issues or that would have given us any thought that there would have been,” Hartman recalled. Conceding that it appeared strange he wasn’t receiving any calls, he added: “I wasn’t really looking at my phone, but I was looking at it more than normal on a weekend.”

While casinos remain closed because of the pandemic, four operators introduced online sportsbooks the morning of May 1:

Two others originally anticipated joining that crowd, Hartman noted. However, they decided to put off their debuts to “iron out” technical aspects. As it stands, those two — Smarkets and Monarch Casino — expect to launch this week.

With their feet now wet, future operator and market integrations should also go smoothly, Hartman said. Funny how time and experience can affect one’s outlook, as Hartman’s recollection detailed.

“A month and a half ago when everyone started going home and we were starting virtual commission meetings and all the other things we had to do that we just don’t normally do, it was a bit stressful and concerning. I think I went back and forth on whether we were going to open or not open or on time.

“As I got more confident that everybody was using the technology and everything was working and the commission was meeting special to get licenses done, all of those things … played into lowering our curve, really, to get to that confidence level. We were ready to launch and ready to go.”

Limited betting offerings allow time to correct any issues

A few weeks prior to the introduction of Colorado sports betting, Hartman agreed that while fewer active sports limits operators and the state financially, it provides regulators and bookmakers an opportunity to avoid and even quickly correct any issues that arise.

After opening weekend, Hartman believes that is still the case.

“I think if we would have had more operators, we would have had more (markets and issues),” Hartman said. “I think everybody was curious, and a lot of people got on an app and signed up and looked at the different available options they had. I think they were able to do that smoothly and kind of ease into it a little bit. I think the operators did, too.

“Had we had a bunch of (operators) come on at the same time, we may have been putting out a few fires here and there. But I think the way it came up, everybody was able to just manage their own issues. It was actually pretty good for all of us.”

With seemingly a more controlled environment, Colorado sports betting went off with little — if any — stress.

“After Friday, about noon, it kind of really just leveled out, and it was OK,” Hartman related, adding that all systems appeared to be running smoothly. “I think the stress level went down. If you don’t have some of that (stress) going into launch, you probably don’t have a pulse. I’ve done these before, and this one was far less stressful because we knew what was coming in, we knew the operators that were coming in, and everybody wanted to make it a success and not to worry about overlooking things. They’re all pros and were ready to go.”

Plenty more sportsbook launches ahead in Colorado

No doubt, Hartman said, it seems strange that the long-awaited May 1 launch of legal sports betting has passed.

“But,” he emphasized, “We’ve got a lot of May 1’s coming up with 25 operators.”

More bookmakers will enter the fold in short order, starting this week with Smarkets and Monarch. Then, sports will begin to return, including UFCNASCAR and the PGA Tour in the near future, reportedly followed potentially by MLB.

Soon, hopefully, Colorado casinos will reopen to the public, thus allowing retail sportsbooks to make their introductions to the Centennial State.

Hartman said as properties prepare to and even after they reopen, regulators will go in and perform testing before the public can take part.

“But it’ll kind of be seamless,” Hartman said, “with whenever their opening is ready to go.”

In a way, retail sportsbooks might benefit from this shutdown, Hartman said.

“It might even work to their advantage a little bit, because they won’t be trying to open it too soon when it’s half-done. Hopefully that’s where they get, and you’ll see the book open in all its glory instead of halfway.”

How Colorado sports betting looked

As for how the actual wagering in Colorado went, it should come as no shock that the majority of bettors played hometown favorites.

One FanDuel market asked if the Denver Broncos would make the NFL playoffs; 97% of wagers believe that to be the case. The Broncos stood as the most bet-on team at DraftKings, followed by the NHL’s Colorado Avalanche. The majority of bets also went on newly drafted Denver WR Jerry Jeudy to win the Offensive Rookie of the Year. And the most popular team wagered on to win the World Series? The Colorado Rockies.

Similarly, BetRivers saw heavy action on the Broncos to win the AFC West as well as the AFC Championship and the Super Bowl. As for short-term future events, BetRivers COO Mattias Stetz expects UFC 249 in Jacksonville on May 9 “to be the most popular event next weekend by a wide margin.”

What about completed events?

At BetRivers, table tennis dominated, according to Stetz, as it accounted for just over 50% of the handle. One reason, he suggested, is that BetRivers live-streams matches, allowing for customers to watch along with and wager on them as they occur.

The largest bet placed at the site was on a Chinese Professional Baseball League game, which featured a $1,310 wager on the under 14.5 runs. The total came in at 12, paying the customer nearly $2,400.

As for FanDuel, one customer put down $882 on the Dallas Cowboys to win the Super Bowl, which would pay at just over $15,000. The biggest payout cashed in at $1,400, the result of a $500 wager on a Belarusian Premier League soccer match.

Opening weekend instilled extra optimism not only for regulators, but also for operators.

“We saw tremendous engagement after only a few days of sports betting in Colorado,” according to a spokesperson from DraftKings, noting all the local flavor among bets placed. “These popular futures, plus our current offers available in Colorado (table tennis, international soccer, etc.) are positive signs as we look forward to the return of major US sports leagues.”


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How To Make Easy Money Betting on Soccer and Other Sports Online


There is no limit to how much money you can make in online Sports Betting. Just how successful you become will depend entirely on your own little efforts.

OK! You may be one those people who loses lots of money regularly on sports betting. I've been there many times and from my experience it hurts so much to lose money. After many trials and errors, I stumbled upon the Key to successful betting. Am about to reveal to you this lucrative online business as the easiest and cheapest investment ever on the internet.

Sports Betting

For those just starting out. Sports betting is all about betting against bookmakers. It is quite different from betting against other people the way most people do. It is also different from pools betting. Bookmakers are betting companies that provide the platform for betting activities. They also provide the prices and expected winnings on each football match.

All you need to do is to determine the outcome of a particular match or a series of matches. You don't need to predict the exact score line. Though there are bets where you can predict the exact score line. The price per match will be determined by how hard or difficult it is. The easier the match, the lesser the potential returns. The harder the match, the higher the potential returns.

Let use soccer (football) for illustration:

Assuming TEAM-A on top of the league table wants to play TEAM-B who are at the bottom and out of form at home, we all know there is a very high likelihood that TEAM-A would win if in good form plus all the advantages to their side. The money you are expected to win if you bet TEAM-A will beat TEAM-B will be very small in fact.

On the other hand, if you say TEAM-B will beat TEAM-A, then the expected monetary returns would be high. It will be high as well if you say it will end in a draw.

Okay. Let's move on.

Predicting that TEAM-B, the under-dog will beat TEAM-A, the odds could be 4/1. That means that if you bet with $ 1 you will win $ 4 plus your initial $ 1 which makes your total earnings $ 5. I've used US dollars above as an example. Most bookies operate in Pound Sterling, dollars and Euro. So if you want to bet on it, what would you do? Start analyzing and seeing possibilities.TEAM-A to win at 2/7 simply means to win $ 2 you have to play with $ 7. You need to ask yourself is it worth risking $ 7 to win $ 2? Or will you back the weaker TEAM-B to win at 4/1? You only need to put in $ 1 to win an extra $ 4. But will TEAM-B beat the stronger TEAM-A at home? The greater the risk the greater the potential returns, the lesser the risk the lesser the potential returns. That is where your football mind and knowledge is needed.

Let's Understand Prices / Odds more using real soccer teams for example.

Take a look at this match in the fixture and price. Lets say Chelsea FC to beat Manchester City at home is priced at 2/5. That is you bet with $ 5 to win $ 2. That is a total expected returns of $ 7.

(Always remember that the figure at the end is what you stake with and the one in front is what you will win)

The match is 11/4 for a draw and 6/1 for an away win for Manchester City. It means 1/1. You play with $ 1; you win an additional $ 1. You play with $ 100 you win an additional $ 100.

Other Kinds of Odds …

Not all odds are written in fractions. As in not written like 3/1, 1/5, 4/9 and so on. Some odds are written in decimals like 1.35, 2.42 etc. If you see 2.42, it simply means if you bet with one dollar, you will earn a return of 2.42 dollars. Whatever figure is shown, it means that it is what will be returned if you place $ 1. So you can calculate your expected earnings according to what you want to bet on.

There are also the American Odds presented in form -110, + 220, etc. The Decimal odds seem to be by far the easiest to calculate. The bookies (bookmakers) can determine what kind of odds they will be using. Actually some bookmakers allow you to choose the odd type that suits you. Whatever Odd you use the result is the Same. However, chose only Odd type you are comfortable with.

Bet Types

There are many types of bet provided by Sport books to suit your needs. The basic bet types are the 1X2 (three outcomes, Home Draw Away), the 12 (only two results, Win or lose), the 1X, 2X (Win or Draw), Not Draw. Other extended betting types are Number of goals, Half / Full Time result, Odd / Even number of goals, Asian Handicap, Live or in-play betting option, exact score line, etc. While sports like boxing, tennis, etc have fewer basic betting options, soccer has the most betting option.

It's very easy alright making unlimited cash betting on sports online. Now you are thinking: if it were so easy how people come lose money at all? Answer! Is most of the time you do guess-work; try-your-luck, inadequate or no information, etc.

But that's no good business or investment doing guess-work. You know what it is? It's called gambling. An investment mind-set is a vital ingredient to make money in Sports betting backed by good knowledge.To be successful punter making tons of dollars on sports betting you need reliable, tested and proven information, systems and strategies to guarantee profits and high returns.

Why you need reliable information.

Ever seen even the strongest teams on top of a league lose to under-dogs at the bottom of league table? Causing bettors to lose lots of money? Why for instance should a team like? Manchester United lose to black even when they have over 90% chance of winning? It hurts a lot lose this kind of bet.Yeah it happens. 99% of all soccer punters (bettors) THINK they know who will win the game and which team will go over or under the total and end losing almost all their bets and a lot of money, which leaves 1%. Those 1% are professionals that make a living betting on soccer and other sports.

Why? It's because there are some secrets in Sports betting that can only be unlocked with the right kind of information that gives knowledge. This is not knowledge of how the games is played but knowledge of how to make money betting on games played.

Knowledge is power in a general sense is but in sports betting the knowledge is money.

Yes, you need a system that works most times to become an investor making lot of money on sports betting. Sports betting should be seen as an investment, that way you make money most of the time. Though fun in sports betting cannot be left out for those who have passion for the games, the passion can be converted into lots of cash using proven betting systems and strategy. Football (soccer) has most systems and strategies because it offers more betting options than any other sports.

How to Make the Money.

One way, is to do it yourself by applying proven systems and strategies. Another is to get others to work for you through professional Tips service. However there are free and paid professional tips service to give you betting clues and predictions.

The SECRET of this lucrative online business is information. With the right information you are sure to become super RICH from this easiest and cheapest investment online anyone from 18 years old can make. That is the legal age for gambling in most countries that regulate top rated Sport books or Bookmakers. Some reputable sports books require IDs to confirm the age compliance among other things.


Contact: felixinbiz@gmail.com


Source by Felix U Offiong

Categories: Sports Betting