New Sportsbook Launches in Ohio, Maryland, and Kansas
A betting exchange is a platform that enables customers to place bets on the outcome of sporting events. To participate, a customer must find another customer to place the opposite side of the bet. Such an exchange offers customers the opportunity to trade and arbitrage, creating opportunities for smart bettors. The inequities within a betting exchange marketplace enable smart bettors to profit from it. Some traditional sportsbooks, such as William Hill and Ladbrokes, have criticized betting exchanges for fostering corruption in sports.
MaximBet is a sportsbook
The launch of the MaximBet sportsbook in Ohio is set for January 2023. Although the state does not have a professional sports team in the primary four, the college sports market is vibrant. Aside from Ohio State’s Rose Bowl victory, the Buckeyes and Bengals are also in the thick of their AFC North race. MaximBet plans to partner with the Isle Casino Bettendorf and Carousel Group, which have agreements with Caesars Entertainment.
The minimum age to bet on sports is 21 years of age in most states. Before launching its sportsbook in a state, MaximBet must tie up market access agreements with tribes and sports teams. The software at MaximBet will identify a user’s location each time they log in. The software will determine if they are within the legal state and offer wagering opportunities accordingly. Additionally, each state has its own laws governing which sports and events can be bet on. For example, the state of New Jersey has specific laws governing NCAA events in the state.
Barstool Sportsbook is the highest-rated sportsbook
The Barstool Sportsbook is a fun and user-friendly online sports betting site. It boasts an attractive welcome bonus, a partnership with NFL star Portnoy and MLB’s Katz, and a slick interface through its partnership with Kambi. The sportsbook offers hundreds of betting options on a daily basis, covering NFL, NBA, MLB, and golf events with competitive lines.
The parent company of Barstool Sports is Penn National, which operates casinos in 19 states. The Barstool sportsbook was founded by Dave Portnoy, who has a wide media presence and has even interviewed the 45th President of the United States. The Barstool video feed features Portnoy making college football picks. Besides the massive database of followers, the Barstool sportsbook is also a marketing machine.
PointsBet is a betting operator in Australia
PointsBet, a global sportsbook operator based in Australia, has been named the official gambling partner of the Women’s National Basketball Association. The WNBA was founded by the NBA and celebrates its 25th season this year. PointsBet will operate in Toronto and is owned by Rogers Communications, the parent company of the Toronto Blue Jays, Toronto Raptors, and Maple Leafs Sports and Entertainment. It also owns Rogers Sportsnet, one of Canada’s most popular sports cable specialty channels.
For those concerned with responsible gambling, PointsBet provides an educational page in the footer of its website. There you’ll find information about self-assessments, self-exclusion, and cool-off periods, as well as links to organizations that offer assistance and support for gambling problems. While PointsBet isn’t the biggest sportsbook in Australia, its offerings are competitive and easy to use.
FanDuel is the first U.S. sportsbook to offer the “Same Game Parlay”
With over a dozen states now offering its service, the company is preparing to expand its reach even further. In addition to launching in Louisiana on Jan. 28, 2022, FanDuel plans to expand to Ohio, Maryland, and Kansas. With its fast payouts and safe banking, FanDuel is a leader in the sports betting industry.
To use the Same Game Parlay, simply go to the fanDuel sportsbook and select the NFL or NBA games that you would like to wager on. You’ll be able to select the three games you’d like to bet on and see the odds for each match. The odds will update as you make your selections.