Category: Education

Fanatics Sportsbook is the first U.S. sportsbook to put rules around when it refunds props if you bet the over and a player gets injured during a game, and some bettors around the country have cashed in big because of it. If the player gets hurt early in the game (in the first quarter in…

A lot of the commentary behind picking a Flex Play vs. Power Play on PrizePicks is quite anecdotal. “I always lose my three-leg Power Plays by one leg, so take the three-leg Flex Play.” But this misses the big picture — what are the most cost-effective PrizePicks game types, and which ones should you actually…

Round robins may be foreign to many bettors, but they’re right in your face every time you go to place a bet at DraftKings or FanDuel. So what are they, and how do you bet them? A round robin is a bet type that combines a larger list of bets into a series of smaller…

When a sportsbook offers you a deposit match, there’s always going to be some sort of wagering requirement to unlock the bonus. They’re not going to let you deposit $500, get $500 added to your account, then withdraw $1,000. Not a good deal for the house, right? Instead, they’ll put you through what we call…

Who doesn’t love bonus bets from your favorite online sportsbooks? You may get them for signing up, or through another promotion or boost for existing users. While most people just fire away, there are actually two optimal ways to use bonus bets (and it’s not betting a huge favorite to lock in profits). _InlineAdBlock=3 How…

Most people use “first bet insurance” promos all wrong. They bet a point spread at -110 since it seems safe, or a huge favorite to “lock in” profits. But there are two mathematically optimal ways to use bonus bets — “convert” them to cash, or bet at plus-money to optimize the expected value. FanDuel offers…

bet365 has had a choice of sign-up offer in the United States for a while — either a $1,000 first bet safety net, or a bet $5, get bonus bets offer (usually $150 or $200, depending on the time of year). But which one should you actually take? It depends a little bit on personal…

bet365 is available in a growing list of states, and if you play there, you’ll end up with some bonus bets in your account at some point. That could be through a sign-up offer or other existing-user promotion like a no sweat same game parlay, or a “bet and get” offer. So how do the bonus…

If sportsbooks like DraftKings and FanDuel aren’t in your state now, they aren’t arriving this football season. Or maybe ever, depending on where you live. In their place, sports fans in states like California, Texas, Georgia have two main real-money gaming options: Sweepstakes sportsbooks like Fliff and Thrillzz, which function very similar to sportsbooks but…

Sweepstakes sportsbooks are all the rage for anyone who wants to launch an online betting platform in 2024, all while traditional, licensed sportsbooks keep shutting down. Why? Much lower barrier to entry, and you can operate in 40+ states on pretty decent legal footing. At all these sweepstakes sites — Fliff, Rebet, Thrillzz, etc. —…

Just because DraftKings and FanDuel aren’t available in your state, doesn’t mean you can’t find ways to get action down on the English Premier League. Sweepstakes platforms are the hot new trend in U.S. sports betting. It’s been a thing in online casinos for a while, but more and more sportsbook platforms have begun transitioning…

To beginners, sports betting can feel at best overwhelming and at worst rigged against you. Not a great place to start a new hobby. I mean, what is all this? I pick on DraftKings to illustrate something scary. They have probably my favorite user experience and navigation of any sportsbook, and if this is what…

There are two optimal ways to use sportsbook bonus bets — betting at plus-money to give yourself the most expected value, or “bonus bet conversion.” In other parts of the world, this concept is known as “matched betting.” Conversion is like a hedge. You’re betting the plus-money side of a wager with your bonus bet,…

It’s been a while since Pennsylvania got a new sportsbook, but now bet365 is a part of the pack. As a welcome offer, bet365 is giving all new users $150 in bonus bets plus 50 spins in the online casino. At bet365, your bonus bets can be split up into any increment you’d like (so…

The Ohio sports betting market is one of the most diverse in the United States. The population, sports fandom, and number of licensed operators makes it a great case study for U.S. sportsbook performance and growth. And most importantly, the Ohio Casino Control Commission splits up its handle and revenue data by operator, so we…

If you’ve ever placed a player prop before game time and came to discover that your player was either scratched or exited to injury, you’ve been left to wonder how the sportsbook app will handle your wager. In the case a player is listed as inactive per the league or team’s official injury report, FanDuel…

I’ve been betting a lot of weird same game parlays in Euro 2024 and Copa America matches, particularly at bet365, which allows you to bet both the over and under for shots and shots on target. Sportsbooks offer both these props for teams and players. But it got me wondering — especially after Lionel Messi’s…

The puck line is hockey’s form of the point spread. When betting on a major sport, you’re typically presented with three standard betting options: the spread, the moneyline and the over/under. Hockey is no different, although it is one of a few sports where betting the moneyline, as opposed to the spread, is the most common wager. You can still bet the…

Thrillzz Sportsbook is a sweepstakes sportsbook that allows you to win real money depending on which on-platform currency you’re betting, and it’s available in 36 states. It has all the main markets you’d expect — moneylines, spreads, totals — plus some player props and game props. Thrillzz is available in 36 states: AK, AR, AZ,…

PrizePicks is offering a new game type in Florida and a handful of other states called PrizePicks Pick’em Arena. Functionally, it works similar to their traditional pick’em contests — the Daily Board looks the same, and you’re still picking player statistics to be more or less than the listed total — but how you win…

Ever tried to sign up for a new sportsbook like FanDuel, DraftKings, ESPN BET or others ahead of a big event, only to be stuck in verification purgatory until after the game is over? And wonder why other times you’ve been verified right away? It may have to do with the address that you’re entering…

Rarely does a PGA TOUR event end early, but it happened at Pebble Beach on Sunday because of inclement weather. Wyndham Clark, leading by one stroke, was declared the winner after 54 holes. Most sportsbooks should still pay out your bets (and keep your losing bets) if three things are true: 36 holes (two rounds)…

LIV Golf might not be available at your favorite sportsbook, but that’s not because there’s no one posting odds. Many books are posting markets, including outrights, finishing position bets like top 10s, and tournament matchups. You may not see odds for LIV events because it’s not approved by your state’s gaming regulators. And every state…

I probably don’t need to tell you this, Kentucky resident, but Kentucky is surrounded by states that have already launched legal online betting. And a few of the state’s biggest metros share a border with another legal betting state. This all means that you may have already signed up for DraftKings, FanDuel and other legal…

Jeremy Levine, the founder of StarStreet and Underdog Fantasy and one of the forefathers of “pick ‘em” styled fantasy contests, beat me to the punch. In a series of tweets, and a recent open letter to his own customers, Levine noted that some of Underdog Fantasy’s competitors have been playing fast and loose with the facts surrounding…

Fanatics Sportsbook is a late entrant to the U.S. sports betting market, but has a unique rewards program it hopes will set it apart. It’s called FanCash — and it’s a pretty good deal for bettors because the “exchange rate” is basically 1-1 from FanCash to dollars. _PromotionID=[27559] _PromotionID=[28983] For every wager you place, you’ll…

This week marks the opening of NFL training camps across the country – and, for millions of fans, the start of season-long fantasy football season. However, thanks to entertaining, fast-paced fantasy sports contests that are played on a daily basis, this year’s fantasy sports season has been raging for months. Nearly as entertaining in gaming…

Unibet has made its mark in Europe over the past few decades, and it has now revamped its casino product to bolster its chances in the growing-but-crowded United States market. The new casino app is available in New Jersey, and it offers key new features across two main categories — bonuses, and user experience/navigation. Let’s…

FanDuel Sportsbook is one of the most popular online sportsbooks on the market. But with any sportsbook, there can be issues verifying your location. And that can be frustrating if you’re quickly trying to place a bet. This happens far more often on computers, in which users need a third-party plugin to verify their identity.…

Signing up for an online sportsbook can be an exciting time for bettors, but it sometimes feels a little invasive. Users may not mind inputting their email address or phone number, but it gets a little personal with your home address. Then, there’s entering your full Social Security Number, or at least the last four…

Signing up for a new sportsbook can be an exciting time for sports bettors. However, there’s concern that you’ll quickly be out of money if you lose your first bet or two, even with the “first bet offer” promos available. Using a promo code at signup protects you from immediately losing all your money. Promo…

Over the last few years, same game parlays have become wildly popular with online sportsbooks. This practice wasn’t allowed for much of the 21st century, but that all changed when FanDuel introduced the same game parlay in 2019 because it figured out how to price in the correlation of events in the same game —…

Barstool Sportsbook uses its own terminology for a bet credit you receive from a promotion — they call it “bonus cash.” Barstool bonus cash works a little differently than at most sportsbooks. Here are the five things to know — the first two being the most important and potentially confusing for new users. Basics to…

You’ve probably seen loads of ads for FanDuel and DraftKings, no matter what state you’re in. TV commercials, stadium sponsorships, and integrated partnerships with the leagues themselves. But in almost half the country, you still can’t bet on these sites or any others. About 20 states have full online betting (I say about because it depends how…

As pressure mounts from gaming regulators, sportsbooks are getting away from the word “free” pretty much across the board. That’s because most of their offers don’t actually involve anything free. There’s usually some risk involved, or the “free” thing they’re offering isn’t actually free cash. It’s more like a credit that can be turned into…

There are two similarly-labeled bets involving quarters for NBA and NFL games at many sportsbooks: The “Team to Win Each Quarter” bet requires the team to actually outscore their opponent in all four quarters individually. The “Winning at The End of Every Quarter” bet or “Wire-to-Wire” winner bets require the team to just lead after…

You like a team to cover the spread against another. So much so, you’re confident they should win by a larger margin than what the market says. Or maybe it’s the underdog’s point spread you disagree with; you believe they should compete to a closer margin — or perhaps even upset. That’s where using the…

There are many ways to bet on sports. Betting on your favorite teams, using your intuition, and statistical handicapping of teams are just a few. But what does +EV mean in betting? +EV betting is a great way not only to learn the ins and outs of the basic math behind sports betting, but also…

Removing friction from the sports betting experience has always been one of Action Network’s biggest goals. It takes effort to track your bets and performance. That’s why we launched BetSync, to automatically track bets placed at certain sportsbooks in the Action app. Now, we’re incredibly excited to launch BetSync with bets placed at DraftKings. Once…

Same game parlays have taken over the sports betting world. First launched by FanDuel in 2019, SGPs allow bettors to parlay bets from the same game. Sportsbooks didn’t offer parlays on the same game because they couldn’t properly price the correlation of events — if Derrick Henry scores 2+ touchdowns, the Titans are more likely…

If you’re a sports fan, your TV and Twitter feed are probably flooded with ads and screenshots from sportsbooks like FanDuel and DraftKings. But if you try to access it, it’s more likely than not that you can’t. That’s because online betting is only legal in about 20 states (depending on your definition of online;…

Traveling from a state with no online sports betting to one with online sports betting this holiday season? Merry Christmas to you. We get lots of questions about the rules and regulations of betting in one state when you live in another. The good news is you can bet once you get into that state,…

What happens if you bet a player prop at a sportsbook like DraftKings or FanDuel and that player never sees the court, field, diamond or ice? Depending on the sportsbook, your bet may or may not stand. There are three primary rules to know about voided props: Every sportsbook will cancel your bet if the…