Notable Bets – NFL and betting relationships are growing; The success of the bettors stays the identical
Yesterday marked the fourth NFL opening Sunday since the expansion of the legal sports betting market in the US
Licensed bookmakers now operate in 26 states and the District of Columbia. Arizona, Washington and South Dakota started betting markets on Thursday, just in time for the Cowboys-Buccaneers game. Billions of dollars are wagered every month and a fierce battle for America’s betting dollars is raging on television.
Seven sports bets – Caesars, DraftKings, FanDuel, PointsBet, BetMGM, FOX Bet and WynnBET – have teamed up with the NFL and are allowed to advertise during the games. Six sports betting ads are allowed during national broadcasts, but when you throw in commercials for daily fantasy sports providers it seems like more. However, there doesn’t seem to be nearly the negative backlash that occurred when FanDuel and DraftKing bombarded the airwaves with DFS grand check ads to kick off the 2015 NFL season.
People were seriously angry and upset at the time, including politicians and attorneys general. In addition to state and state investigations, there have been Congressional hearings on fantasy sports. But if you look at the positions of FanDuel and DraftKings now — they are number 1 and 2 in terms of market share — maybe it was all worth it. Perhaps the astute people who said DFS was the bridge to normalizing sports betting at the time were right. Perhaps the general public cannot tell the difference.
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It’s only the first week, but on Sunday evening, after a day of NFL games with sports betting ads, the response to the increased presence of sports betting from the always rational gambling community on Twitter was relatively tame and oozing with sarcasm rather than venom.
Others were happy with every commercial that didn’t play, “Scoop there is it”.
It wasn’t just advertising. Several stadiums opened betting lounges this week. They are basically sports bar-sports betting hybrids that only allow mobile betting, which you can of course do from your seat too. Point spreads and over / under totals were more visible in the pregame shows on Sunday. The NFL Network even had two personalities who opposed the spread.
Times, as Mr. Dylan put it, are changing … but the betting audience’s success rate is not. Week 1 goes to the bookmakers. Now for the notable bets.
Notable NFL betting
• “I couldn’t have asked for a better day to start the season,” said Tom Gable, Sports Betting Director for The Borgata in Atlantic City, New Jersey.
• Underdogs took eight wins against the spreads on Sunday (11: 4).
• “We had a great weekend,” said SuperBook bookmaker John Murray in Las Vegas.
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• The Saints’ 38-3 win over their favorite Packers was the best game of the day for several sports betting providers. In Nevada, MGM’s commercial director Jeff Stoneback said after standing up and down the morning table that his business with the Saints had made enough money to cement a winning day regardless of the rest of the day’s results, which included a big decision heard about bears. Aries.
“We’re going to cut 90% of the Parlays bets on this game, 90% of the teasers on it,” said Stoneback on Sunday as the Saints salted away the heavily bet Packers. “This is huge for us.”
• Packers-Saints was the most wagered game of the day at BetRivers Sportsbook, with Green Bay attracting 86% of the money wagered on the point spread and 90% of the money wagered on the moneyline. There was more money on the Packers’ spread at BetRivers all day than any other bet on the board, “also by a pretty significant margin,” the book says.
• The game has seen point spreads moving up and down throughout Aaron Rodgers’ summer saga. The Saints went from 3-point favorites to 3-point underdogs when Rodgers brought his talents and man-bun back to Green Bay. The line grew to Packers -4 last week before closing on a consensus of 3.5.
The Saints covered the spread by 38.5 points.
• The game was moved from New Orleans to Jacksonville due to the aftermath of Hurricane Ida, adding to the action for the Packers at Sports Betting PointsBet. Before the game was postponed, 75% of the wagered handle was on Green Bay. After the change, 80% of the money was with the packers. The victory of the saints brought PointsBet the biggest win of the day.
• Some sports betting providers reimbursed all bets placed prior to relocation according to house rules. PointsBet gave bettors the option to cancel their bet if it was placed before the change.
• The Lions’ late rally against the 49ers was another blow to the bettors. For weeks, bookmakers had highlighted betting interest in San Francisco, or perhaps disinterest in Detroit. The line grew from 49ers -7 to -9.5 last week as money flowed into San Fran.
The 49ers were leading by 28 in the middle of the third quarter, only to beat the rest of the way by 21-3. They settled for a 41-33 win, with the eight point advantage generating many bets that seemed like easy winners for much of the game. At BetRivers, 83% of the stake was on the spread on the Niners, the majority of that at -8.
• The Borgata, known for taking big bets, reported that they took five six-figure bets in Sunday’s games.
$ 220,000 in the second half of the Browns +8. (L)
$ 110,000 for the Colts +2.5. (L)
$ 110,000 for Packers -3.5 (L)
$ 110,000 to over 28 in the second half by Browns Chiefs (W)
$ 100,000 on under 46 Bears-Rams (L)
• With Dallas beating Tampa Bay 21:16 at half time of Thursday’s opening thriller, a player at Caesars Palace in Las Vegas placed a $ 500,000 bet on Dallas +2.5 (-120) in the second half. The bettor won $ 416,666.65 after the Cowboys beat the Bucs 13-10 in the second half.
• The SuperBook said the Steelers ‘excitement over the Bills produced their biggest win on Sunday, followed by the Saints’ excitement over the Packers.
• At DraftKings, which operates in Pennsylvania, the story was different: “We had quite a lot of money with the Pittsburgh money and the Eagles money line,” said Johnny Avello, sports betting director of DraftKings. “Those two games kind of stung.”
When asked how DraftKings fared that day, however, Avello said overall, “It should turn out really well.”
• The bettors got a little late when the Rams won and were able to cover against the Bears in a game that exceeded the total. Murray of the SuperBook said the result was “very, very bad”.
• The biggest bet BetMGM made in Nevada on Sunday was $ 400,000 on the Rams -8 against the Bears, according to Stoneback.
• On Sunday, MGM Sports Betting in Nevada had eight times as many bets on the Raiders as on the Ravens. The Ravens are 4-point favorites over the Raiders in Monday night’s game. The total is 50.5.
• Notable opening series on Circa Sports in Las Vegas:
Michigan State at Miami, Florida -8, 56.5
Nebraska at Oklahoma -23, 64.5
Cincinnati -4,46.5 in Indiana
Purdue in Notre Dame -8, 60.5
Georgia Tech at Clemson -29, 57.5
Alabama -15, 54.5 in Florida
Tulsa, Ohio -31.64.5
South Carolina near Georgia -32, 52.5
Auburn at Penn State -7, 56.5
• Oregon’s clear win over Ohio State as an underdog with 14.5 points resulted in the third-largest SuperBook win of any weekend, including the NFL. “Saturday was the best Saturday any of us can remember,” said Murray of SuperBook.
• Michigan won, covering the SuperBook’s biggest single game loss of the weekend at 31:10 against Washington.
• Shifting the national title odds via Caesars Sportsbook:
Ohio State: 11-2 to 17-2 (lost to Oregon)
Oregon: 60-1 to 25-1 (defeat Ohio State)
Iowa: 100-1 to 75-1
Texas: 50-1 to 150-1
• Jacksonville State beat Florida State as underdogs with 28 points on Saturday night. The Seminoles were 97-0, according to ESPN Stats and Information, if they were favored with 27 or more points since 1978.
• A bettor with New Jersey sports betting company Tipico placed a $ 1,000 moneyline bet on Boston College to beat UMass at odds of -100,000. The Weather won a net $ 1 when the Eagles beat Minutemen 45-28 on Saturday.
What were the chances?
• Cristiano Ronaldo was a -225 favorite to score in his first game since returning to Manchester United on Saturday. Ronaldo scored two goals in Man U’s 4-1 win over Newcastle on Saturday.
• US Open Women’s Champion Emma Raducano opened 100-1 and won the title on Caesars Sportsbook.
• Former UFC champion Vitor Belfort was a 240 favorite over 58-year-old Evander Holyfield in a light heavyweight bout on Saturday. Belfort, 44, stopped Holyfield on the first lap.