SportsHandle with friends brings you another roundup of the week’s major developments in US sports betting.
Ontario Bettor Hopes To Set Precedent With Caesars Suit On Hamlin Settlements
Matthew Buchalter, like many NFL gamblers, was concerned about the possibility of the league cancelling the Week 17 regular season game between the Buffalo Bills & Cincinnati Bengals. Matthew Buchalter faced the possibility that the league might cancel the game after Damar Hamlin fell to the ground following an unimaginable crisis that gripped the sports industry right after New Year’s.
He didn’t think about the outcome of futures bets he had placed before the regular season began. It was not clear if Hamlin would survive the tension-filled minutes that followed Tee Higgins’s hit on the Bills safety. Buchalter, an Ontario actuary, felt a lot of sympathy for Hamlin.
Dear Keith, Do You Have a Gambling Problem?
My phone informed me that I had spent 13 minutes on the Underdog app during the week leading to the NFL wildcard round. The 12 hours spent looking at one app is my personal record.
However, this is a good track record, as I drafted almost 172 teams at $5 per team into their best ball playoff contests.
The Integrity of the Game is Everything (Except when it isn’t)
Pete Bayer isn’t the most well-known Pete to ever bet on baseball. He has to be remembered as the most sympathetic Pete to ever get busted for his actions.
Bayer’s story was shared on Twitter by him on February 15. It resonated with me. This is a minor-league pitcher who was closing in on a chance at the majors, but did something that was objectively wrong, stupid, and against the rules.
Gaming + Indoor Waterpark + Texas = Someone from Hell Looking For A Raise
Despite all the hype over sports gambling since PASPA was trashed — and we are chief hooha-ists here at US Bets – it is remarkable to think that only 44% (according GeoComply), have access to legal betting .
One of the states we are still waiting for is Texas. This state, which has nearly 10% of the country’s population, and, if Gov. If Greg Abbott is correct, Greg Abbott also believes that Texas is home to those who enjoy a dip in a lazy, high-chlorinated and probably urine-filled river.
The History Of Historical Horse Racing
Are you familiar with Historical Horse Racing machines? You probably don’t, even if it was something you have ever done.
Historical Horse Racing (HHR), like pull tabs or other obscure forms legal gambling, can only be found within a few states. In this case, Kansas and Kentucky as well as New Hampshire, Virginia and Virginia. The HHR machines of today are not as discriminating as slot machines. The success of an HHR bet is determined by the outcome of a horse race, often at a distant track, and the prize money is paid out from a Parimutuel pool. Slot-like games are generally considered games of skill.
Ohio Shatters Monthly Sport Wagering Revenue Record at $208.9 Million
O-hi-o? More like O-HIGH-O!
The Ohio Casino Control Commission reported that January’s taxable sport wagering revenue was $208.9 Million. This is in addition to the stunning set of data points from the launch month of the Buckeye State.
How sustainable are Ohio’s high-stakes sports betting numbers?
The numbers linking to Ohioans’ initial month of betting were mind-boggling. You could pick the one that best fits your criteria.
Sportsbooks earned $208.9 millions in January, more than any other state.
The $1.11 trillion in total bets placed was the second highest in any state’s initial month of mobile betting opportunities. New York, however, was higher in January 2022.