Sportsbook Review: Borgata
Borgata was the first of the nine Atlantic City properties to launch a sportsbook on June 14, giving it a leg up against the competition — both in terms of booking bets and allowing itself
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Sportsbook Review: Monmouth Park
As expected, Monmouth Park — via its oddsmaking partner William Hill — became the first New Jersey operator to accept bets on Thursday. Lots of famous faces and key stakeholders came out for the momentous
Continue reading5 things to know about the sports betting market
To the uninitiated, trying to gain a basic understanding of the sports betting market can be daunting. In contrast to the stock market, for which ample information and resources are readily available to novice speculators,
Continue readingWhy reverse line movement is an indicator of sharp money in sports betting
There’s no doubt the public plays a huge role in the hold percentage of a sportsbook for a given game, card, weekend etc. When it comes to posting opening lines, though, oddsmakers are primarily concerned
Continue reading6 buyer personas New Jersey sportsbook operators should target
With gaming operators in New Jersey — and around the country — set to begin rolling out sports betting, the state’s casinos and racetracks have their work cut out. In addition to the administrative work
Continue reading5 types of sports bets that will be offered in New Jersey
Prior to Monday’s seismic Supreme Court decision, sports betting was technically only fully legal and regulated in Nevada. In reality, though, most Americans who wanted to place a wager on a game had historically encountered little
Continue readingNew Jersey prevails in Supreme Court, paves way for nationwide sports betting
In a landmark decision that is set to reshape the American sports-betting landscape, the Supreme Court has declared unconstitutional The Professional and Amateur Sports Protection Act of 1992 (PASPA), ending a protracted court battle between
Continue readingLine shopping vs. line shading: How the two sports betting concepts are related
While many types of sports betting strategies exist, “line shopping” is favored by a small subset of professional bettors known as “grinders.” Both classifications are quite literal, as line shopping involves carefully monitoring different sportsbooks
Continue readingHow does a moneyline correlate to an implied probability in sports betting?
Talk to any professional bettor about the keys to their trade, and phrases like “beating the closing number” and “targeting positive EV bets” will be prominently featured in their explanation. While sharp bettors are often
Continue readingNo online-only sports betting in draft of new New Jersey bill
The Supreme Court has created some angst among all the key stakeholders in New Jersey’s quest to legalize sports betting, as it has yet to issue its opinion in Murphy v. National Collegiate Athletic Association.
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