Live Sports Betting: Tips and Tricks for In-Game Wagering

EOS Sports Bets is now accepting wagers on Super Bowl Winners and live betting at halftime! Referral bonuses remain doubled to 50k through January 12th. 1000 ESB signup bonus live now:

https://eossportsbets.io
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An early happy 2019 from EOS Sports Bets! To celebrate, referral bonuses are more than doubled to 50k through next weekend and all winning wagers on Timberwolves/Heat, Titans/Colts, and Cowboys/Tigers between 10K and 100K ESB will receive a 10% bonus. 1000 ESB signup bonus live now:

An early happy 2019 from EOS Sports Bets! To celebrate, referral bonuses are more than doubled to 50k through next weekend and all winning wagers on Timberwolves/Heat, Titans/Colts, and Cowboys/Tigers between 10K and 100K ESB will receive a 10% bonus. 1000 ESB signup bonus live now: submitted by Rowdyruckus to eos [link] [comments]

Fresh EOS Sports Bets review shows showcases latest updates. Get the best odds on today's playoff games now and live at halftime! Tons of options for wagers. One thousand ESB signup bonus live for a limited time, super easy to try out:

Fresh EOS Sports Bets review shows showcases latest updates. Get the best odds on today's playoff games now and live at halftime! Tons of options for wagers. One thousand ESB signup bonus live for a limited time, super easy to try out: submitted by Rowdyruckus to CryptoCurrency [link] [comments]

[Sports] - Prop bets: Live tracking Super Bowl's most popular wagers | USA Today

[Sports] - Prop bets: Live tracking Super Bowl's most popular wagers | USA Today submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[Sports] - Prop bets: Live tracking Super Bowl's most popular wagers

[Sports] - Prop bets: Live tracking Super Bowl's most popular wagers submitted by AutoNewsAdmin to USATODAYauto [link] [comments]

Crypto Sportz is live! Come enjoy the simplicity and security of a decentralized sports wagering platform. Place your bets on NBA, UEFA, FIFA, NFL, and all major leagues!

https://www.cryptosportz.com
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Brag and Bitch - 6/24/20 (Wednesday)

B and B
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Memorial Tournament Preview Blog

Since Riggs, Trent, and Frankie have turned their golf positions at Barstool into less blogging and more playing with themselves and selling $50 cases of soda, I decided to take a dull, butter knife stab at a preview blog for this weekend’s Memorial Tournament.
Last Week
Real quick let’s talk about how much we should all hate the PGA after Sunday’s off-air debacle, and then about some questionable feature groups this week. For weather reasons on Sunday, the Workday final round tee times were moved up so players could finish before incoming storms. Great, that all makes sense. But somehow the PGA was not able to broadcast the round on TV, and when they did have to kill the live broadcast, they didn’t even mention where to go watch the rest of the tournament. THERE ARE NO OTHER FUCKING SPORTS ON, WHAT COULD CBS HAVE MADE PRIORITY OVER THIS FINAL ROUND? No seriously, someone please tell me because I would love to know what aired on CBS from 11 am to 3 pm instead of live sports. Can we also talk about how terrible the Thursday/Friday coverage is every weekend on all networks? You usually get 2-4 featured groups you can stream online from 9-3 (even these groups you often need NBC Sports Gold to watch), and then get maybe 3 hours of full coverage in a TV broadcast. There is legitimately a channel called the Golf Channel, who are airing a shitty preview/talk show while you are missing coverage. Here’s a fucking mad idea - put live golf on the golf channel before the major networks get prime coverage.
Then we got a look yesterday at the featured groups for the Memorial. How do you fuck this up? If you are younger than 70 and even sporadically watch golf, you could do this job better than whoever does it for the PGA. Here’s the formula: Brooks Koepka makes a joke about Bryson Dechambeau using steroids one week ago = you put them in the same group. Golf has so little drama because all these guys are friends and making millions of dollars even when they aren’t winning. Fans need these storylines/rivalries to be buffed up, not ignored because they might hurt Bryson's feelings.
This Week
As far as a course preview, we get a strange twist this week with the players coming back to Muirfield, who just hosted the Workday Charity Tournament. I’ve been watching golf for a long ass time and cannot remember the last time this happened, but it’s not a major headline at all so maybe this does happen on occasion. Either way the setup this weekend will look different than last weekend, with much faster greens, thicker rough, and some changes in tee box locations. I think we see some youngeinexperienced players struggle with the change in green speeds, especially since they just played these same greens and they were rolling like carpet (stimpmeter will go from 11 to 13.5). My gut tells me the winner is either a veteran or someone who didn’t play here last week. This would rule out guys like Hovland, Burns, Merritt, Niemann, etc.
Finally, we have to mention that Eldrick Tiger Woods returns to the field this week. I’m looking at his +2000 odds and hate the value because we have no idea where his game is at right now. That being said, Tiger has won the Memorial five times and placed T9 last year, and T23 the year before. I will root for Tiger to win every tournament he enters, but I won’t look at a future for him at these low odds, and for his first post-break golf since The Match.
Now let’s go over wagers this weekend and what you should look for. I am usually not a fan of betting on outright winners, before any golf has been played. The odds always look so good but you will rarely have a profitable year trying to bet winners every week. That being said, here are some of the best value picks IMO.








My pick: once again reiterating I will likely not bet on a Sunday winner before Thursday starts, but if I was I would put my money on Justin Rose +4500 or Xander Schauffele +2500.
Thursday Matchups
Easily the best way to bet on golf, and in my experience the most profitable. Here are a few picks I’ll be making before Thursday. Currently I am 4-2 betting matchups (last 4 PGA events) and I’ll track my picks moving forward. If I get to Jack Mac or Reags level of bad betting, I promise I’ll retire and not pretend I know what I’m talking about. I’m only going to pick matchups in the featured groups for Thursday. Nothing worse than betting on someone like Marc Leishman, and having to refresh the golf cast simulator thing instead of watching live play.
Dechambeau (-115) over Thomas (-105): everything is so planned out and calculated with Bryson, and his sit-out at the Workday feels like a part of his plan. Fucking hate rooting for this kid, but I see him coming in fresh against JT who blew an enormous lead last weekend.
D. Johnson (even) over Morikawa (-120): my favorite first round matchup bet. It seems counter-intuitive going against the guy who won at this course a few days ago, but don’t forget the major change this week will be how the greens roll. And Morikawa is 150th on tour in strokes gained with the putter. Lock it in.
Take a flier - round 1 leader
I don’t think I’ve ever bet this prop but I’ve also never written a golf blog before so let’s take a shot here. I’ll put a half unit on it as well: Rickie Fowler +4000
Rick's finishes at the Memorial the past 3 years: T14, T8, solo 2nd. In 2017 when he placed 2nd, he shot an opening round 66. I also feel like I see him in the mix a lot in early rounds, but can’t quite put together those low weekend rounds.
That’s all I’ve got. Sorry it’s not funny but it’s better content than we’ve gotten out of Foreplay.
Let’s make some money and blow off work Thursday and Friday.
submitted by -elbisreverri- to barstoolsports [link] [comments]

PBH - here's why I like it

Yes, Pointsbet Holdings Limited (PBH) has had an amazing run the last few weeks, but I think there is plenty more in the tank.
EDIT: 🚀🚀🚀🚀
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Wall Street Breakfast: The Week Ahead. I read this and thought it interesting. Enjoy from SeekingAlpha

Nike (NYSE:NKE) will headline a light roster of earnings reports in the week ahead, while Apple's (NASDAQ:AAPL) WWDC event sets the stage for the company's launch of the first 5G iPhones later this year. On the economic front, reports on existing home sales, jobless claims, consumer spending and a Q1 GDP revision will be the headliners. Fed heads are out in force next week, with virtual speeches on the docket for Raphael Bostic, James Bullard and Charles Evans. In a sign of normalcy, Ford (NYSE:F) and Fiat Chrysler Automobiles (NYSE:FCAU) are expected to return to pre-pandemic production levels at U.S. plants, while results of Fed stress tests on major banks will be announced on June 25.
Earnings spotlight: IHS Market (NYSE:INFO) on June 23; BlackBerry (NYSE:BB), KB Home (NYSE:KBH) and National Beverage (NASDAQ:FIZZ) on June 24; Nike (NKE), Darden Restaurants (NYSE:DRI), Accenture (NYSE:ACN) and Rite Aid (NYSE:RAD) on June 25.
IPO watch: U.S. grocery store operator Albertsons (ACI) is expected to price its IPO next week and begin to trade. The company could have a valuation of over $10B if the IPO prices at the midpoint of the expected range of $18 to $20 range. Albertsons, which is looking to raise as much as $2B, is one of the grocery chains seeing a sales boom in business during the coronavirus pandemic. Stakeholders Kimco Realty (NYSE:KIM) and Cerberus Capital are both selling off shares in the offering. No other IPOs are due to price during the week.
M&A tidbits: The walk date for the Caesars Entertainment (NASDAQ:CZR)-Eldorado Resorts (NASDAQ:ERI) merger arrives on June 24, although no surprises are anticipated. Shareholders vote on the Provident Financial (NYSE:PFS)-SB One Bancorp (NASDAQ:SBBX) deal on June 25. On the same date, Delphi Technologies (NYSE:DLPH) shareholders vote on the merger with BorgWarner (NYSE:BWA). It is almost a lock that there will be some more drama in the Taubman Centers (NYSE:TCO)-Simon Property (NYSE:SPG) duel.
Projected dividend changes (quarterly): Kroger (NYSE:KR) to $0.17 from $0.16, John Wiley (NYSE:JW.A) to $0.35 from $0.34, Saul Centers (NYSE:BFS) to $0.27 from $0.53.
Spotlight on Nike: Nike will post its FQ4 report with more uncertainty in the air than almost any time before due to the lack of formal guidance from the company. The two biggest pullouts from the report are likely to be the pace of recovery in China and the momentum of the e-commerce business. Nike is one of the companies seen by Wall Street as in a strong position on the other side of the pandemic. "We see Nike as favorably positioned for both secular fitness/casualization trends and industry structural changes that benefit those with strong direct engagement with consumers," notes bullish-leaning Wells Fargo ahead of the print. Stocks that quite often move right along with Nike on earnings day include Foot Locker (NYSE:FL), adidas (OTCQX:ADDYY), Under Armour (NYSE:UAA) and Dick's Sporting Goods (NYSE:DKS).
WWDC: Apple will hold its annual developers conference on June 22-26 in a virtual format this year. Apple is expected to announce its ARM-based Macs as the company advances its control of chips and architecture away from Intel (NASDAQ:INTC). Enhancements with iOS14, tvOS 14 and watchOS 7 are also anticipated, along with new products/R&D initiatives on the AR headset and wearables/AirPods front. Tim Cook will give the keynote presentation on June 22 at 10:00 Pacific time in what is likely to be his last presentation before the annual September iPhone reveal event.
Healthcare watch: Bristol-Myers Squibb (NYSE:BMY) has an investor series presentation next week covering its early pipeline/immuno-oncology on June 22 and hematology on June 25. PDUFA dates arrive for Karyopharm Therapeutics' (NASDAQ:KPTI) Xpovio on June 23, Zogenix's (NASDAQ:ZGNX) Fintepla on June 25 and Heron Therapeutics' (NASDAQ:HRTX) HTX-011 on June 26. The big event of the week in the sector is the American Association for Cancer Research (AACR) Virtual Annual Meeting II running from June 22-24. A large number of potentially market-moving posters and abstracts are due to be released, as well as special sessions on COVID-19 and cancer research. Some of the notable companies due to present include Gilead Sciences (NASDAQ:GILD), AstraZeneca (NYSE:AZN), Phio Pharmaceuticals (NASDAQ:PHIO), Exicure (NASDAQ:OTC:XCUR), Xencor (NASDAQ:XNCR), ESSA Pharma (NASDAQ:EPIX), ImmunoGen (NASDAQ:IMGN), Molecular Templates (NASDAQ:MTEM), Guardant Health (NASDAQ:GH), CRISPR Therapeutics (NASDAQ:CRSP), Jounce Therapeutics (NASDAQ:JNCE), GlycoMimetics (NASDAQ:GLYC), Seattle Genetics (NASDAQ:SGEN), Provectus Therapeutics (OTC:PVCT), ORIC Pharmaceuticals (NASDAQ:ORIC), Sanofi (NASDAQ:SNY), aTyr Pharma (NASDAQ:LIFE), TG Therapeutics (NASDAQ:TGTX) and Neoleukin Therapeutics (NASDAQ:NLTX).
Bank tests: The Federal Reserve will release results of the annual bank stress tests on June 25. Fed Vice Chair Randal Quarles noted that the test this year includes running banks up against three possible economic trajectories of varying severity to see how they perform due to the unprecedented uncertainty about the pandemic. The test will see how banks perform against a rapid V-shaped recovery, a slower U-shaped recovery and a rough W-shaped recovery. The test results could factor in to dividend decisions down the road for Bank of America (NYSE:BAC), Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM), while Capital One (NYSE:COF) and Morgan Stanley (NYSE:MS) are seen being pushed under the scenarios. Traders are making plays based on the results, with a notable amount of bullish options bets being placed on Wells Fargo (NYSE:WFC). Some other bank names to watch when the results roll out are PNC Financial (NYSE:PNC), Truist (NYSE:TFC), Regions Financial (NYSE:RF), Ally Financial (NYSE:ALLY), HSBC North America (NYSE:HSBC), UBS (NYSE:UBS), Credit Suisse (NYSE:CS), Barclays (NYSE:BCS), Bank of New York Mellon (NYSE:BK) and Huntington Bancshares (NASDAQ:HBAN).
Analyst meetings and business updates: Electronic Arts (NASDAQ:EA) will host a fireside chat for the investor community with members of its management team on June 22. The impact of some of the games introduced at EA Play Live 2020 will be discussed. Hewlett Packard Enterprises (NYSE:HPE) is launching the first-ever HPE Discover Virtual Experience on June 23 to showcase the company's pivot to an edge-to-cloud platform-as-a-service company. In the transportation sector, Kansas City Southern (NYSE:KSU) is participating in a Q&A webcast with Cowen on June 23. Also on June 23, Dell Technologies (NYSE:DELL) has an investor call with Morgan Stanley scheduled. Meanwhile, Sanofi is holding a virtual R&D day event on June 23. Bristol-Myers Squibb has an investor event covering immunology and cardiovascular on June 26.
Conferences rundown: The timing looks spot on for the Jefferies Virtual Consumer Conference on June 23-24 with the pandemic shifting shopping habits in the U.S. Companies due to present include Hasbro (NASDAQ:HAS), Planet Fitness (NYSE:PLNT), Nu Skin (NYSE:NUS), Freshpet (NYSE:FPT), Murphy USA (NYSE:MUSA), Sysco (NYSE:SYY), Hostess Brands (NASDAQ:TWNK), Shack Shack (NYSE:SHAK) and Jack in the Box (NASDAQ:JACK). In the healthcare sector, the BMO 2020 Prescriptions for Success Healthcare Conference features virtual presentations by Humana (NYSE:HUM), Halozyme (NASDAQ:HALO), Horizon Therapeutics (NASDAQ:HZNP), Apellis Pharmaceuticals (NASDAQ:APLS), Amgen (NASDAQ:AMGN) and Replimune (NASDAQ:REPL) on June 23. Other conferences of note include the SVB Leerink CybeRx Series CNS Forum, BMO Chemicals & Packaging Conference, Wells Fargo Bricks to Clicks Digital Conference, Goldman Sachs Leveraged Finance Conference and the Morgan Stanley Zero Trust Architectures Virtual Thematic Conference. On the smaller side of the conference schedule, the mining and metals sectors will be in focus, with John Tumazos Very Independent Research virtual meetings set for June 23-24 on Wheaton Precious Metals (NYSE:WPM), Western Copper and Gold (NYSEMKT:WRN), KORE Mining (OTCQB:KOREF), Amarillo Gold (OTCQB:AGCBF), Sierra Metals (NYSEMKT:SMTS), Foran Mining (OTC:FMCXF), Wolfden Resources (OTC:WLFFF), Trilogy Metals (NYSEMKT:TMQ) and Adventus Mining (OTCQX:ADVZF).
Ford F-150: Ford has a digital reveal event for the all-new F-150 set for June 25. The Ford team is expected to describe innovative features of the all-new F-150, including the new electrical architecture, a flat-lying passenger sleeper seat and over-the-air updates to key modules controlling vehicle performance and user experiences. The new truck is seen as a critical part of Ford's plan to slash $5B in warranty costs and push the automaker's vehicle connectivity platform. As a profit generator, the F-150 launch later this year will also help restore the company's balance sheet. The all-new Ford F-150 will be discussed by execs in detail during a June 26 conference call with Citi Research.
Deurbanization trade: Expect more talk from analysts next week about which sectors and stocks could benefit if the mega-trend of people and businesses moving out of downtowns of major cities becomes a reality. Jefferies got the ball rolling last week by singling out Home Depot (NYSE:HD), Lowe's (NYSE:LOW), Best Buy (NYSE:BBY), Floor & Decor (NYSE:FND), At Home (NYSE:HOME), Williams-Sonoma (NYSE:WSM) and Wayfair (NYSE:W) as retailers that could gain from an uptick in suburban living and more spending on houses than metropolitan apartments. One of the bigger pure plays is Tractor Supply (NASDAQ:TSCO), which has racked up a 64% gain over the last 90 days.
RVs: Keep an eye on the RV sector with May shipment numbers due out from the RV Industry Association. Demand is expected to be on the rebound after RV shipments fell 82% in April. Looking ahead, there is a difference in opinion on Wall Street on the outlook for Winnebago (NYSE:WGO), Thor Industries (NYSE:THO), Patrick Industries (NASDAQ:PATK), LCI Industries (NYSE:LCII) and Camping World Holdings (NYSE:CWH). Some firms like SunTrust Robinson Humphrey expect a RV boom as consumers gravitate toward safer vacations, while Bank of America has warned that the high rate of unemployment and salary cuts could keep discretionary spending in check.
Sports betting: Time is running out for the California Assembly to pass legislation on sports betting to move the issue to the November ballot. The bill has to pass through the legislature before June 25 to become an election issue. Why is it a big deal? California is forecast to have the potential for a +$30B sports betting market through sports books placed at tribal casinos, horse racing tracks and satellite wagering facilities. "California could easily become one of the most productive sports-betting markets in the world," observes gaming analyst Chris Grove. Tax revenue from sports betting would also help the Golden State with its budget issues amid the pandemic and economic downturn. Stocks of interest in relations to how sports betting in California plays out include DraftKings (NASDAQ:DKNG), William Hill (OTCPK:WIMHF), MGM Resorts (NYSE:MGM), Caesars Entertainment, Fanduel (DUEL), Red Rock Resorts (NASDAQ:RRR), Boyd Gaming (NYSE:BYD) and Wynn Resorts (NASDAQ:WYNN).
Casinos: The Nevada Gaming Commission is meeting on June 25 to likely approve amendments to state regulations that would streamline the process for moving to modern payment methods. The casino industry in general wants to quickly adopt cashless payment transactions on the casino floor due to the risk of handling cash during the coronavirus outbreak. The casino reset could have implications for Visa (NYSE:V), Mastercard (NYSE:MA) and American Express (NYSE:AXP), as well as financial apps from Apple (AAPL), Google (NASDAQ:GOOGL) (NASDAQ:GOOG) and PayPal (NASDAQ:PYPL). Casino operators like MGM Resorts, Wynn Resorts, Caesars Entertainment and Penn National Gaming (NASDAQ:PENN) would also welcome the change.
What's not playing: Warner Bros.'s (NYSE:T) feature animated film Scoob! will stream on HBO Max on June 26 after running in a premium video on-demand window. The children's picture was first scheduled for theaters on May 15 before opting for a 48-hour rental PVOD period price of U.S. $19.99. While Scoob! didn't make quite the splash that Trolls World Tour did in the spring when it nabbed $100M in digital sales over three weeks, it's another incremental step away from the traditional studio release format for major studios like Sony (NYSE:SNE), Universal Pictures (NASDAQ:CMCSA) and Disney (NYSE:DIS). As for theater chains, auditoriums are likely to operate at 25% to 50% capacity as AMC Entertainment (NYSE:AMC), Cinemark (NYSE:CNK), IMAX (NASDAQ:IMAC), Marcus Entertainment (NYSE:MCS) and Reading International (NASDAQ:RDI) open back up this summer.
Notable annual meetings: Companies with virtual annual meetings set next week include Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) on June 22, Dave & Buster's Entertainment (NASDAQ:PLAY) on June 23, Keurig Dr Pepper (NYSE:KDP) on June 24, At Home Group and Tailored Brands (NYSE:TLRD) on June 25.
Barron's mentions: The publication digs out four industrial companies whose stocks are called compelling. Midsize manufacturers RBC Bearings (NASDAQ:ROLL) and Wabtec (NYSE:WAB) join large-caps Emerson Electric (NYSE:EMR) and Ametek (NYSE:AME) on the short list of economy recovery picks. Of the four, Wabtec trades with the lowest forward PE ratio at 14.2. Brunswick (NYSE:BC) is also singled out this week as an advantageous product-mix shift and rising boat demand are seen helping to drive shares higher. Most of Brunswick's profit is derived from the high-margin Mercury engine business. The rally in tech names hasn't encapsulated the entire sector. Attractive names still trading at less than 4X sales include Western Digital (NASDAQ:WDC), CACI International (NYSE:CACI), Leidos Holdings (NYSE:LDOS), Seagate Technology (NASDAQ:STX), Amdocs (NASDAQ:DOX), Ciena (NYSE:CIEN), Accenture, MKS Instruments (NASDAQ:MKSI), Intel and F5 Networks (NASDAQ:FFIV). The cover story this week hits on the rising inequality issue in the U.S., noting that it can be a breeding ground for all kinds of concerning things for the market like secular stagnation.
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Sports betting App Downloads Roughly Triple in May

“Downloads of mobile sports wagering applications, including those offered by DraftKings (NASDAQ:DKNG) and FanDuel, more than tripled in May despite limited offerings on the US sports slate, according to new research from Morgan Stanley.
In March, the coronavirus pandemic forced the cancellation of the NCAA Tournament and postponements of the NBA and NHL seasons, among other scheduling quirks, but new users of betting apps increased 18 percent. By April, however, the limited sports menu sank in, prompting a 12 percent drop in app downloads, but that gave way to a massive 212 percent increase in May, notes Morgan Stanley analyst Thomas Allen.
Allen points out that DraftKings and FanDuel maintain dominant perches in the sports wagering app market. Other players in the arena include Fox Bet, MGM/GVC and William Hill. Smarkets, another contender in this segment, just launched in Colorado and could live in Indiana later this year.”
https://www.casino.org/news/draftkings-fanduel-downloads-surged-in-may-says-morgan-stanley/
submitted by gms2912 to stocks [link] [comments]

What are some big learning breakthroughs throughout your experience of sports betting that had enhanced your betting and results?

I usually post this question in other gambling subs, such as poker and even other subs that I wish to learn more from in the techniques and strategy. I am pretty new to sports betting and haven't had any "oh shit, should've done this from the beginning" type of moments, but wondering if any of y'all have.
submitted by IwishIhadmore to sportsbook [link] [comments]

Wagering on GOLF to consistently make money

This needs to be said as PGA handicapping interest seems to be growing on here:

For anyone newer to PGA betting, DO NOT TAIL ANYONE. No matter their record on here or them throwing their twitter handle out for you to easily follow. I know that sounds ridiculous to start with, espesually for someone starting new who has only been wagering on golf for a couple of years. You think.. Obviously they know more than me and have put more time into this than me right? Maybe. But to learn how to make money betting on golf you honestly need only one week to figure it out and that's all. Honestly it takes one week to understand VALUE and OPPORTUNITY and how to do it on your own. You need to be in control on your money and earn and lose it on your own conscience after doing your own due diligence.
You will find plenty of people online posting their expert picks. Some are very knowledgeable. Some are not. Where as some are playing the numbers and betting 10 outright, 10 match-ups and multiple daily leaders and each ways per tournament, there is nothing wrong with this. Although this style of investing in golf handicapping is no different than betting a ML on another sport. If this style of handicapping makes you money, stick with it. Just beware of people advertising their picks online in this format. Of course its easy to say "I've hit the last 4 or 3 winners" when they bet 15 Outright's that are all below 66/1 a week. Keep an eye out for this if you do follow. They are in deep with value plays to the point where their odds are diminished to even or slightly above. And that is up to you to decide if the choices are worth it over the money line in any other sport.

I'm not saying pick one or even only two players a week but never too many low odd players that diminish our winners when they do hit.

I've won 5 of the last 6 tournaments.
I'n 6 Weeks I've turned $200 into over $20,000. That's with never upping my unit amount.
Last year I ended the season at +$16,000.

Last 6 weeks:
Nick Taylor at +10000 for $7500.
Adam Scott at +3300 for $3300.
Patrick Reed at +4000 for $4000.
Sunglae Im +3500 for $3200.
(profited -$400 less as I put money on Fleetwood on Sunday as insurance.)
Tyrrell Hatton +5000 for $2500.
note: I also bet $1-200 total each week on other players which are -$ against the wins.
Was there a formula for each win? Not exactly. I won off of Value bets as well as Opportunity bets. We are here to make money and There never should be only one way of making that happen.


So if you read this far, let's get to how you can make your own money in a few weeks, possibly without even knowing anything about golf.
Easiest way (OPPORTUNITY):
The very first thing you need to do is get with a book that has Live updated odds during all the rounds.
Opportunity.. I'm sure everyone in here is betting with money they worked hard for. Remember that. So put that same time into your wagers as your daily work. Specifically Thursday and Friday Live Bets hold a ton of value. A lot of my winners are Value bets (We will get into) but for instance my Nick Taylor bet at +10,000 for $75 into $7500. or my Adam Long bet last year for $20 into $5000 are opportunity bets that just make absolutely too much sense not to take stabs at. Do these always hit. Obviously not always but, do they always make sense.. absolutely.
But when I placed the live bet is whats most important to how I make money.
Let's say its Thursday or Friday and you're home watching the tournament. Keep your favorite friendly gambling website(That offers live betting on PGA) open on your computer or phone..
Oh.. Wyndham Clark is on the broadcast and at -2 on the 12th. The leader is at -5 in the clubhouse. Wyndham JUST stuck his 2nd shot to 5 feet ... He has a 5 footer for eagle. This is where you should have already be signed on. and you rush to place whatever responsible amount you are willing to lose on a longshot. Lets say $20. You see him at +15000 and Hammer it for $20. Boom. He hits an easy 5 footer and now his odds are are +60/1. He has 6 holes remaining.. You know 2 of those are birdie holes. As long as you know your golfer and chose someone respectable he will at the very lease gain one more stroke before the clubhouse. Now you are going into the weekend with a $3000 opportunity that is at the very least tied for the lead off of a $20 bet with 2 days to go. Does that guy buckle to Rory.. or Phil? Sometimes. But sometimes..... Nick Taylor outlasts Phil Mickelson. Sometimes... Adam Long hits an amazing 2nd shot against a 3 way playoff to beat Phil Mickelson.

But if you don't know if this golfer named say Joel Dahmen who is about to putt for Eagle and at the very least make birdie with 2 birdie holes remaining, a quick google search to see if they have firstly a winning mentality or chance to win is important. Don't wager too much on a guy who can't finish if betting for the win. Their current form, their play at this tournament the previous couple years as well as their play at comparable courses (Extreme weather history is to be ignored but also remembered for who did well in this situation. Leishman, Lowry, Hatton...)

Value(Pre-Tournament):
At this point I don't care if I'm betting on Rory at +400 or a +50000 rookie. It is completely statistical opportunities that we are looking for. Example is Adam Scott at 33/1 at a course he has been dying to win, he said it in every interview but no one gave much attention. He technically won here on a short week because of weather. As well as he's coming off a win. But then a multi month break which scared betters and the books off... Also the previous win wasn't an important tournament. Yet it shows me he was and is in form.
And once you start to gain more understanding of the wind speed, grass type, who is in form, putting surface, shots gained on approach.. you begin to give yourself a damn good chance. As long as you keep to your money management throughout.


Some friends who don't know much about handicapping ask why I don't up my bet after winning $3,000-$8,000 the week before. And if anyone reads any of this post I want them to read this: Trust me... Bankroll management is the difference between making money to buy what you want as a side income and just losing a few hundred every day/week. That is honestly the hardest part of making money off of handicapping. You don't need to hit 65% of even money bets. All you need is to be smart about handling loses and that's all. Don't chase. Know that you can make the picks and wait till the next day/tournament. Don't chase on women's Czech tennis live at 2AM. Don't drunkenly bet! This is not how you earn money, this is how you lose it. Remember that next time you're tempted.


I just want to say I'm open to any questions anyone has in here or PM. As well as any criticism anyone might have as I am always interested in hearing another point of view on the matter of how we can all make money. $ Cheers.
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Once in a life time gamble

hey ladies and goyms,
My friend and I used to go to casinos and play blackjack or craps and hope to win. Usually bring $300 and MAYBE leave with 400 or nothing at all. He used to come over and we'd stay up playing bovada and doing live blackjack tables because it'd be more fun and the drink service at my house is instant.
Well Covid killed that. So I'll now remote him in and do a screenshare. For him, it's more fun to watch people burn their money in a fire than to play, so works for me. We'd do this maybe once a month. Well I noticed in June a charge on my card that I did not authorize, I checked to see if it was bovada - it wasn't, and I cancelled it. Bovada sends me an email saying that was their money. rectify the situation but now bovada only let's me do bitcoin deposit.
July 2 say 1130pm after I was already drunk, my $100 USD -> bitcoin of came in after a week of waiting. I transferred that over to my Bovada account and since I was new bitcoin customer got a deposit bonus of $20. I said fuck it cool. That night we play live dealer and I turn that $100 -> $400. Cool, That can just chill for the next few days. Got drunk July 3rd and played blackjack and got it up to $4k. Holy fuck I gotta pull it out ASAP.
Well thanks to my dumb click of the deposit bonus, there were conditions I had to meet before i could withdraw the money. 500x my initial deposit. I was only 28% through that. Fuck. I was drunk and hopefully I was wrong so I'll just look at the morning when I'm sober.
Wake up, tell my wife "Holy shit I won $4,000!!! But I am not sure if I can withdraw it..." So we research it and fuck, yep, have to wager $50k. I found a loop hole, if you do sports bets, you can wager 20x and pull out. so I did a test on the Nathans Hot Dog champs. Put $800 on Joey to win. Won it. The needle did not move. I guess since I won the 4k playing blackjack, I had to keep doing it.
So I started spite gambling. instead of my original $5 then $10 then $15 bet cycle, I started doing 50,100,150. Kept winning. so I started doing 500, 1000, 1500. Kept winning. I got it up to 15k and was 95% of the way through.
K fuck you guys I want this over. $2,500 on one hand. Win or lose, I'm still over the $100 I put in, right? I get 7,7 and dealer shows 6. SPlit.
hands:
Are you fucking kidding me? Split again.
FUCK ME.
Dealer turns over card and he's got 6,5. hits. 3. Needs a 7... sorry bro.
Hits a 10. Dealer has 24. I WON I WON I WON I WON
I fuck aroud a bit more and make it to $30k. Lose down to $20k(take that hubris).
Options with Bovada is you can take out $3000 USD with $100 penalty every 3 weeks or take under 20k in bitcoin with no penalty immediately. I took that even though i have no clue how to handle it. I just didn't want to gamble with it.
Wife says, think you can do it again ? so I did another 100 ad turned it into 3k pulled that into cash.
I then did it again(over a few weeks) and turned it to 1k put that into bitcoin and I haven't gambled in 4 days. I aim to keep it that way.
My dad died in May of COVID-19 with no will, so maybe this was divine intervention. I'd still rather my dad over the money though...
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Based on the beautiful island of Malta, ComeOn! is servicing thousands of players from the EU. Following their move out of the UK, we have seen the casino head to other corners of the world, including India. Besides offering casino games, ComeOn! also has a sportsbook and Poker tables. You do not need a separate account to place sports bets, the casino account should do the trick. Our ComeOn Casino review covers all aspects, including the casino game offer, the customer service, the payment options and the withdrawal policy and the bonuses, including welcome bonus offers and loyalty rewards. It comes with more pros than it has cons, and we’re going to talk about both of them.

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If you’re on a hunt for a generous welcome bonus, you won’t find it at ComeOn! Casino. It’s a modest bonus of 100% up to €25. Players from certain countries also get some Casino Spins on the side, but they’re not overwhelming. In order to trigger the bonus, players need to deposit at least €10, and this deposit cannot be made using Skrill, Neteller or Paysafecard. You HAVE TO obtain a different payment method, other than the ones we just mentioned. This applies to all new players.
Following the recent launch of ComeOn India, the casino has gone through some changes. The welcome bonus for the rest of the world may be subdued but players from this region have it slightly better. Then again at 100% up to INR 10,000, it's far from spectacular. For what it's worth, here's the ComeOn! Casino welcome bonus offer looks for various markets.
The welcome bonus money carries 35 times the bonus wagering requirements. In other words, players need to wager the bonus amount 35 times before they can request a withdrawal. ComeOn! India players are subject to 34 times the deposit and bonus amounts.
Don’t let the modesty of the welcome bonus be your concern. There are tons of bonuses down the road, which will become available to you once you lose your “new player” tag.
Lastly, not all bets contribute the same towards the completion of the wagering requirements. Currently, only slot games will get you closer to a player's balance free from any wagering requirements.
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In all honesty, we don’t like seeing both the casino and the sports betting bonuses bundled together. Yes, this makes the promotions page richer, but it also makes it more confusing for players who are new to the online gaming community. In spite of this, we can confirm that there are quite a lot of bonus deals down the road. For starters, bonus players can resort to claiming a bonus offer from the promotions page, or subscribe to the ComeOn! Casino newsletter and get the latest news about both current and upcoming bonus deals. Nevertheless, it’s not a popular destination for big time bonus players.
The ComeOn! Casino shop is where you’ll find Free Money Bonuses and Reload Deposit Bonuses. Players from India will know this as the ComeOn! Bazaar section. You can exchange your “hard-earned” points for additional bonuses. We’re against this approach of rewarding players. Comp points should have a different purpose. There should be a continuous stream of ongoing reload bonuses. “Buying” bonus deals just doesn’t make sense.

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It’s not a shining online casino from a bonus player perspective, but it still is a legit, fair online casino licensed by the Malta Gaming Authority. They also used to be licensed by the UK Gambling Commission but 2019 saw the casino site move out of this region. This hasn't stopped ComeOn! from keeping up with the trends and the security standards. After all, the online gaming market is extremely competitive, and this is the only way to go if they want to endure the rivalries which are inevitable. We have actually seen them move into new emerging markets. ComeOn! India, for instance, is definitely up and coming.
The ComeOn Casino adheres to a privacy policy, and it also features a responsible gaming control mechanism, which allows players to truly enjoy online gaming, without worrying if they’re breaking the bank. These are highly recommended. Player protection is of paramount importance. Nevertheless, there’s a KYC policy and you will be asked to verify your identity. This procedure is mandatory in all legit online casinos and it’s for your own good.
Lastly, underage online gaming is a big no! All players must be 18+.

ComeOn! Casino Payment Options and Withdrawal Policy

Credit and debit card deposits come with a fee of 2.5%, whereas e-wallets come with a fee of staggering 5%. The minimum deposit amount is €10 or other currency equivalents for all deposit methods, and the maximum is €1,000 for all of them except Paysafecard which comes with a limit of €100 max.
You can deposit using the common VISA, VISA Electron, VISA Debit, MasterCard, Maestro or e-wallets like Skrill, NETeller to name a few. Almost all payment methods are available to mobile players, with the exception of NETeller, WebMoney, and Skrill. Regardless, the payment method range is extensive enough to meet the needs of all types of players coming from any corner of the globe. Then again, with the casinos efforts to move into new markets, we wouldn't be surprised to see them stretch their portfolio even further. MuchBetter, for instance, would go down a treat with ComeOn! India players.
All players can make 2 withdrawals for free in any 30 day period. Additional withdrawals carry a fee of €5. We recommend verifying your identity and your payment method (if applicable) as soon as possible if you want to benefit from short withdrawal times. ComeOn has made this as convenient as possible, allowing players to do this themselves without customer support assistance.

Deposit Options

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Accepted Currencies

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Great Mix of Great Online Games!

If you take a closer look at the game library, you’ll notice that the top 5 casino game providers are present in ComeOn! Casino. You can enjoy games produced by Microgaming, NetEnt, Playtech, Play’n Go, the one of a kind Yggdrasil, Evolution Gaming powers the Live Casino and you can even play Betsoft’s jackpots. The games range across all game categories like slots, progressive slots, table games, blackjack, baccarat, roulette and many more. In other words, ComeOn Casino provides the complete online gaming experience. A wide array of games can meet any taste, any player.
The game collection differs depending on the player location, but this has nothing to do with ComeOn. Instead, it’s closely related to the casino game provider license. Then again, we have seen efforts to make players from certain regions feel at home. ComeOn! Casino India, for instance, is home to Play'n GO's Pearls of India.
ComeOn features distinctive filters, which, although sounds amazing, in practice, they won’t take you anywhere. Besides the game categories, there are 4 Game Bundles titled Vegas Lovers, High Rollers, ComeOn! Classics and High Stakes. The titles are on point, but they could’ve added more of these. The idea is great, but the execution is poor, nonetheless.
The My Casino tab is a different matter. This is a strong indicator that ComeOn likes to cater loyal casino players. This tab shows the games that you’ve played the most, or as ComeOn says it, the games that mean little bit extra to you. The My Casino tab makes up for the other flaws we stated earlier.

Casino Games

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ComeOn! Casino Mobile App – iOS, Android and Windows

The games that are compatible for mobile play or available to mobile players have a tiny cellphone icon at the top left corner of the thumbnail of the game. Rest assured, this game will be available to you if you access ComeOn! Casino with your smartphone or your tablet. Regardless of the operating system of the device, be that Android or iOS you will be able to access ComeOn! mobile casino.
It’s a dynamic, responsive mobile web app which we have to admit looks absolutely amazing. We have just one remark, the button and any other “clickables” are too tiny for our taste. Not that we have giant fingers or anything, they proved to be counterproductive. Yes, this makes the look good, but they should be functional as well.
What ComeOn Casino miss in the desktop version, is executed perfectly in the mobile casino. Can this be a lead for an upcoming desktop design update?
The custom filters we mentioned earlier are of great help. Here we also have Joker Games added along with Superhero Super-Slots where you can find Batman, Green Lantern, Superman, the Flash and the entire Justice League.

ComeOn! Live Casino Powered by Evolution

It’s a mix that can’t be matched by any other live casino provider, ComeOn Casino presents Evolution Gaming. They used to offer tables by Extreme Live Gaming but with a name like Evolution it was only a matter of time before they opted out. Only a few Live Dealer Table Games are a not available to mobile players. Evolution is continuously updating their interface to make the entire online gaming experience more pleasant, satisfying and overall to give players what they need the most.
Live Dealer Roulette, Blackjack, Baccarat, and a handful of Poker games are hosted. It’s up to you to choose what and where you will play. VIP tables are also provided where players can enjoy the high roller experience. We recommend Evolution’s VIP tables. In a way, it’s a matter of taste, and we don’t discuss tastes, do we?

ComeOn! Casino VIP & Loyalty

ComeOn Casino features a shop where players can exchange their comp points for free bonus money, casino spins or simply buy a reload deposit bonus that matches their criteria. You get Come On Points on a daily basis, just by logging in. Of course, if you play, you will earn significantly more comp points. The more you play, the more ComeOn points you earn. Make sure you’re playing within your limits, and try not to get carried away with the objective to earn more ComeOn points.
It doesn’t boast any details about the VIP programme, yet we’re positive there is one. There are signs of it in the terms and conditions. Apparently, ComeOn Casino likes it to be a surprise for any new players that join the club of the elite.

Live Support via Live Chat and Email

There’s live support, but it’s not available 24 hours a day. You can chat with some of ComeOn!’s representatives from 09:00-23:00 CET. Other methods to reach the customer support is to send them an email. The live chat should be your priority as its much faster, but if you’re in need of assistance out of the working hours you better send an email as soon as possible.
We like how ComeOn first offers a solution to a query, showing the player-related FAQs. To be honest, some of them are quite useful. Nonetheless, because there’s no phone support, players have to rely on the live chat, just because it takes fairly long to get feedback via email.
Another thing we don’t like is the positioning of the Help, Support buttons. It took us longer than usual to find them. Then again, this could just be us.

Available in Multiple Languages, ComeOn India - the Rising Star!

ComeOn! Casino has made it pretty clear what kind of players they’re looking for. For starters, any player that likes to truly tap into the full potential of ComeOn’s offer has to spend some time, longer than usual. In addition, taking into consideration the language and region options at ComeOn, Germany, Sweden, Norway, and Austria are targeted. Finnish players can also enjoy their favorite casino games in their native language.
Surprisingly, ComeOn! is available in Spanish, which is great for players from South America, such as Chile, Argentina, Peru and Mexico among others. Unfortunately, 2019 saw the online casino move out of the UK market and thus players from this region are no longer accepted. Then again, ComeOn! India is definitely up and coming. From what we have seen so far, we wouldn't be surprised if this was the next UK!
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In conclusion Goliath Casinos offer an excellent range of game choices to Canadian players. They have made sure that there is a wide variety of games available from providers who are friendly to the Canadian market, such as Microgaming and Yggdrasil. They have also offered a number of deposit and withdrawal options for Canadian players with Instadebit being an option that is important to Canadian players due to the lack of additional fees. Overall the casino offers some excellent games, good quality bonuses although the high wager requirements after receiving the bonus are annoying they are in line with the industry as a whole and the mobile site works excellently. The website being a little slow and the search bar being a little too linear, you can only search for game titles not for features that may be included, are the only real negatives about Goliath Casino
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On top of a fabulous mobile offering, LeoVegas dishes out lavish bonuses for new Canadian customers. They offer a four-stage deposit bonus loyalty program.

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As they always do at online gambling, LeoVegas’ bonuses come with a wagering requirement. However, for Canadian customers, the wagering minimum is only 25x.
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You can play the bonus for the full amount in any classic slot or jackpot slot games. Classic slots or video slots give you the best chance to wager your bonuses. However, note that in table games such as Blackjack and Roulette, the bonus contributions are only 10%, so we do not recommend playing those table games with your bonus money.
LeoVegas is lax with its bonuses when it comes to minimum deposits. Casino players don’t need to aim anywhere near the maximum bonus amount to receive the extra free spins. Leovegas offers are unique as many other casinos limit your real-money free spin winnings to $20. The only requirement you need to clear before cashing out is 25x wagering.

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Leo Vegas does not create casino games; they simply have games from various software providers. Top gaming providers such as NetEnt, Microgaming, NextGen, Evolution Gaming, IGT, Play’n Go, and other 34 developers. There have included some smaller-name casino software providers like QuickSpin, Thunderkick, and Yggdrasil. While not as famous as something like Microgaming or the mighty NetEnt, these companies have excellent mobile slots that you need to try.
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Leo Vegas has a Canada-friendly sportsbook where you can bet on all your favourite sports.
LeoVegas hasn’t been in the betting business for long, but it’s already making an impact in Canada. While the LeoVegas Sportbook section doesn’t have quite the same selection of leagues and events as Betway, it does have Leo Vegas’ signature touch: it’s supremely mobile friendly. Betting with your cell phone or tablet is a pleasure, as Leo’s sportsbook is noticeably fast. This is something we’re still not experiencing across the board in 2020!
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LeoVegas also has feature buy slots avaible. This slot game feature allows you to buy straight into a free spins bonus round. Most of the Megaways slots have bonus buy feature. Money Train (Relax Gaming) and Fat Santa (Push Gaming) slots are also popular feature buy slots you can play at Leo Vegas.
Live dealer games section has a red dog, Live Casino Hold ’em, VIP Blackjack, Caribbean Stud Poker, along with the usual suspects.

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Leo Vegas Casino has a lot of payment options to choose from. They have all the most often used bank transfers for Canadians (bank wire transfer, Interac, iDebit, Visa, Mastercard). Also, deposits are instant with every payment method, and withdrawals are relatively quick for all the payment methods. Also, Casino LeoVegas is not a PayPal casino.
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Leo Vegas is the best mobile casino we’ve come across, and that’s a fact. Playing at LeoVegs is fun and easy. You can test the site yourself risk-free by signing up and playing demo for free. If you like what this real money casino has to offer, you’ll get more money to play with when you register your casino account from Bonus.ca.

Leo Vegas – King of Mobile Casinos

Leo Vegas has from the start concentrated on mobile online gambling. You can play all its top casino games on modern mobile devices. Supported devices include all iPhones and iPads, as well as Android phones and tablets. Even Blackberry and Windows phones and tablets are ok. For Android, there’s an optional LeoVegas mobile casino app for mobile gaming. Other than that, there’s no need for casino apps to jump into action on LeoVegas mobile devices.

Leo Vegas Mobile App

You don’t need an app to play.. So, if you have an iPhone, you simply gamble at Leo Vegas’ website. For Android phones and tablets, LeoVegas has an optional app you can download by following instructions you’ll find after registering at the Leovegas mobile casino. However, most players skip downloading the app. It’s a bit cumbersome as it requires changing a couple of Android’s standard settings. Especially as playing on a mobile device works equally well.
Usually, our bonus experts stay with one mobile casino for a couple of days to find out whether there are kinks in the mobile experience. But, we realized LeoVegas is pretty damn good when we noticed our experts had had accounts at LeoVegas for months. The draw here is that besides being technically perfect for Android and Apple devices, the mobile casino has big promotions for existing players. These promos are bound to make you pop back to Leo to play your free spins and other real money casino bonuses.
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Game Responsibly at Leo Vegas Canada

Leo Vegas uses 2048-bit SSL encryption technology. This ensures the best protection of all personal and financial data that you pass on to them. LeoVegas makes sure that you can 100% trust their online casino site, and you feel safe and secure. Just like in all trustworthy casinos, all the LeoVegas casino games from Casino Holdem to Jackpot slots are tested with Random Number Generator (RNG) randomness, and like all trustworthy casinos.
Responsible Gaming is something LeoVegas has taken into account. You can set an account, time, and deposit limits. These are essential tools in ensuring players conduct themselves within their means. You can contact LeoVegas Help Center that has a Live Chat available 24/7 that is eager to help you on anything responsible gambling, games at LeoVegas, or anything else you have in your mind.

Leo Vegas: Award-Winning Mobile Casino

LeoVegas online casino has been rewarded with multiple awards. LeoVegas is already a winner of:
  • ‘Online Casino of the Year’ Global Gaming Awards in 2019
  • ‘Operator of the Year’ EGR Nordics Awards 2018
  • ‘Online Casino Operator of the Year’ International Gaming Awards 2017
  • ‘Mobile Operator of the Year’ & ‘Nordic Operator of the Year’ EGR Nordic Awards 2016
Leo Vegas is reviewed by the UK Gambling Commission and Malta Gaming Authority. If you ever come across with problems, LeoVegas is a responsible casino operator. They have a live chat available at their casino site. Also, you can contact customer support via online or use the chatbot they have on-site. If you prefer talking with a real person, you can contact their 24/7 Customer Support team via email.
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DigiBet Casino 100 free spins and 100% up to €200 bonus

DigiBet Casino 100 free spins and 100% up to €200 bonus

DigiBet Casino Free Spins & Welcome Bonus
Join DigiBet Casino and receive a 100% welcome bonus up to €200. Additionally, get 100 free spins on various slot machines. Exclusive offer. No download required!
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DigiBet Casino Review

Digibet has long been known as a reputed sportsbook betting website. In recent times, they have started offering casino gaming for the players. Does Digibet Casino offer a competitive bonus and a good range of games? We tried to dig deeper and we recommend players to read our in-depth review below. Digibet Casino has many classic and new slots, progressive jackpots and a wide range of other casino games. There is also a live casino with many tables. We'll take a look at bonus terms, license status, customer service, game offer and more.
The moment the website opens in the browser, we have a kind of “déjà vu” experience. We have the impression that we have seen this casino all before. And yes, there are a lot of similarities to a couple of online casinos like Hopa or the Slotanza Casino. These similarities are not surprising when looking at the casino operator, as Aspire Global International LTD is responsible for its proper operation. It's good to know that behind the casino is a global operator with a solid reputation in the iGaming industry.
The design of the casino website is convenient but does not have a WOW factor. After the main menu and the page-wide banner, announcing the welcome bonus for new customers, different categories of games follow, followed by the previews for the games. On the right side of the casino website, there is an advertisement with the last winners. However, we want to question their accuracy here, because all profits are in the four- and five-digit range, so this is more likely to be understood as motivation and incentive. After a few rows of thumbnails come the announcement of the (not yet existing) sports betting and the Digibet Esport before you hit the section with the more or less helpful links. The page concludes with the license information.
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Welcome Bonus for New Players

The casino focuses a lot on the welcome bonus package and wants its players to increase their bankroll significantly. New players can claim a 100% welcome bonus up to €200. Also, there are 100 free spins which will be credited on your 2nd and 3rd day.
he terms and conditions for claiming the welcome bonus at Digibet Casino include:
  • The minimum deposit for the first bonus stage is €10
  • Players must wager 35x before requesting a withdrawal.
  • The free spins must be used within one day
  • Winnings from free spins must be converted 35x
  • Winnings from free spins are limited to €100

Digibet Free Spins and Other Promotions

For existing customers, there is always a lot of action and round the clock entertainment at Digibet Casino. These are based on seasons, events or new slots. There are several ongoing weekly and monthly promotions where players can participate and win exciting rewards.
At the time of our review, for example, there was a tournament for the Conan Slot. Anyone who made bets here took part in a raffle. There is also a Digibet VIP area. We will describe this in more details below.
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VIP Program at a Glance

Instead of Reload bonuses and other extras for the regular customers, there is a well-equipped VIP program at Digibet Casino. For every €40 real money bet, players will receive 1 comp points. The more comp points a player collects, the higher they get in the VIP program. Already for ten points, there is the VIP status “Bronze“. Then there are 25 free spins and another 5 free spins on each Sunday. Players can also take part in VIP live tournaments with the VIP Bronze status.
For 60 points there is the VIP status silver. There are 50 free spins to reach. Customers with status will also receive another 10 free spins every Sunday. If you reach status “Gold“, you will receive 50 free spins and an extra 50% bonus. There are also 20 free games on Sundays. Further stages in the VIP program are Platinum VIP, Premium VIP and Prestige VIP. These can be reached from 1000 points (Platinum VIP) or only on a personal invitation (Premium VIP and Prestige VIP).
In higher VIP levels, there are, for example, extended deposit and withdrawal limits, personalized offers, a personal account manager and a monthly cashback payment.
It is possible to convert bonus points into bonus money. The exchange rate depends on the VIP status. New members without VIP status need 35 points for € 1 bonus cash. In the highest level, only 15 points are required. It is important to note that comp points that are not exchanged after three months will expire without replacement.
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Availability of Different Games

The Digibet Casino cooperates with a number of leading software providers in the iGaming industry. The games are available in both classic and modern form. There are classic slots and video slots, progressive jackpots, roulette, blackjack, poker and scratch cards. The software providers range from classics like Net Entertainment to fresh companies like Play'n GO and BetSoft among others. There is a filter option that players can use to shortlist the games from a particular software provider.
Slot titles include games like Starburst and Book of Dead, as well as new ones like Ghosts'n'Gold, Super Joker and Conan. You can start each slot in a demo mode. The free version of the game allows the players to understand the gameplay. Payout ratios remain unchanged, so you can get a real picture of the slot. Once you muster enough confidence, you can switch from demo format to real money game action.
Fans of progressive jackpots can check out titles like Divine Fortune, among others. Unfortunately, there are no jackpot games available at the moment. This is one area where Digibet needs to improve to compete with the reputed casino brands. Because the only way to go directly to the jackpot is that you have to know the name of the slot machine.
Roulette, blackjack and poker games are available in different variants. The selection here is very extensive and offers enough variety for the players. Unfortunately, no demo versions are available in this area. Also, the overview of table limits is missing. On the whole, games are available in high definition with crystal clear audio and superb visuals.
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Does Digibet Offer Live Dealer Games?

Since the live casino is one of the main attractions for online gaming, of course, our expectations are accordingly high. Unfortunately, Digibet Casino does not live up to the expectation of the players. Although the live games are delivered by the undisputed number one, Evolution Gaming, the game selection is then a bit meager.
In addition to a few blackjack tables and the football studio, there is gaping emptiness. There is no trace of roulette, dream catcher or the newer live dealer games. Even NetEnt is not available which we hope the operator will offer in the near future. Still, the croupiers and dealers are friendly and offer the best form of entertainment to the players. Games are available in real money format and accessible 24/7.

Can I Play Games on the Mobile?

Digibet Casino offers a dedicated mobile platform for players to access games on the go. This means that the regular homepage is available in a version optimized for mobile devices. The operator has done a fabulous job in designing the games using HTML5 technology. This innovation allows players to access games from any smartphone or tablet device running on the Android and iOS operating system.
The operator has nicely emulated their desktop version into a dedicated mobile platform. Games are small in size and load quickly on the mobile browser without any software lag. At the same time, the games can easily run on any screen size with maximum resolution and no buffering. It is important that players should have a decent internet connection and Adobe Flash to enjoy mobile games without any interruption.

Digibet Payment and Withdrawal Methods

Making online transactions at Digibet is quite simple. In the lobby, there is the menu item “Cashier“. Click on this section to open the list of available deposit methods. There you will find popular banking options like:
  • Bank Wire Transfer
  • Visa
  • MasterCard
  • Sofortüberweisung
  • Paysafecard
  • PayPal
  • Skrill
  • Neteller
As a rule, deposits and withdrawals are free and the casino does not charge a dime for the online transactions. However, your bank may levy charges for using a particular payment option. We recommend players to spare some amount of time and select the payment method which is less costly and settles funds in the shortest period of time. In general, deposits are instant while withdrawals take 3 business days to credit in the bank account.

How Efficient is the Customer Support?

The Digibet Casino operates with a three-channel customer support program. Account Managers are operational from 06:00 to 23:00 GMT, all seven days a week. Customers can contact support agents by e-mail, live chat and telephone. We tested the live chat on a Saturday afternoon. The waiting time was under 2 minutes. An English-speaking employee answered. The response was amazing and queries were handled quite competently.
With regard to the design of the homepage, the casino has no significant weaknesses. There is a free search function for searching for games, terms and conditions and bonus conditions in the English language with a dedicated FAQ section. It features commonly asked question across different aspects of casino gaming. The support agents are highly skilled and have several years of experience in the iGaming industry.

Is Digibet Reliable and Safe?

Digibet is a trademark of NEG Group Limited, based in Malta. This company has only the trademark rights. The casino is operated by Aspire Global International LTD. This company is also based in Malta. Aspire Global International LTD is duly registered in the Maltese Commercial Register (registration number C42296). There is a license from the Maltese Gaming Authority. The license is dated August 2009. The license number is: MGA / B2C / 148/2007.
Another license exists in the UK. This license is only for customers residing in the United Kingdom. The gaming operation there is operated by AG Communications Limited. This company is also based in Malta and registered in the local commercial register (registration number C48328).
The Digibet Casino caters to the highest form of security protocols as per industry standards. They go the extra mile to make sure the customers are playing in a safe and secure environment. The operator utilizes 128 bit SSL encryption technology during the fund transaction. Also, confidential data of the players are protected using state of the art firewall techniques.
Every single game available at Digibet Casino is fair and random without any involvement of foul play. The RNG or Random Number Generator is a special algorithm that generates a unique winning combination. At the same time, games are regularly tested by independent agencies like TST, eCOGRA and iTech Gaming Labs. The audit results are available in the Footer section of the casino. All these things indicate that Digibet is a completely safe and reliable casino.

Final Verdict

First and foremost, it is important to note that Digibet is a fully secure and reputable casino with an EU license from Malta. Fraud has no place over here. In addition, fair play is also confirmed by 3rd party independent testing agency.
The range of casino games is excellent and covers several areas. There are slots, card games, table games, keno, bingo, scratch cards and a live offer with real dealers and croupiers. The fans of mobile gaming may look forward to playing the games on the go. Also, the choice of payment methods is also very high quality.
The bonus is irresistible and comes with generous wagering conditions for withdrawing the winning amount. For existing customers, VIP Club is available which is replete with best promotions and deals. The support program shines with live chat, FAQ, mail and hotline. Digibet shows few to no weaknesses. They need to work on their live dealer section to offer more titles under their belt.
On the whole, Digibet is a completely reliable and trustworthy casino. They receive a big THUMBS UP from all of us over here. We recommend players to register an account today and start playing the games for free or real money. May the luck be always by your side. Happy Gaming!
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Online gambling legislation and regulation. Starting your own gambling product.

Online gambling legislation and regulation. Starting your own gambling product.

Mobile gambling
If you plan to develop an app with the ability to deposit and withdraw real money, then such a product automatically falls into the category of gambling and you will need to license your business for successful operation.
Mobile and Web Based Apps
So let’s talk about the different kinds of online gambling apps available on web and mobile. We’ll be covering both free-play gaming apps and real money casino app games you can find for iOS, Android devices and web browsers.
Mobile gambling is more common for poker, casino, bingo, and skill games. They have advantages in terms of a low barrier to enter the market, instant liquidity, product knowledge, and marketing expertise, minimal infrastructure costs, and the ability to bring a brand to the market quickly. Consequently, this form of gambling does not sit neatly with jurisdictional boundaries. Multiple gambling opportunities are available, including betting on various events and markets, in a relatively simple format. Gambling products can also be integrated into betting on television shows or virtual racing and sports games as well as offering lotteries, bingo, poker and casino games.
Most Popular Gambling Apps
Sports betting, casino, poker and lotteries are the most popular forms of online gambling. However, other forms are available too. These include the following: Bingo, slot machines, different card games, roulette and other game of chance. One of the best things about online gambling and betting apps is the number of choices you have.

Sports Betting

Betting means making or accepting a bet on the outcome of a race, competition, or other event or process, the likelihood of anything occurring or not occurring, or whether anything is or is not true. Today most sports betting is done via mobile-friendly sites and apps.
Today most sports betting is done via mobile-friendly sites and apps.
The introduction of live betting for sports like soccer and tennis means that bettors who are sitting inside stadiums watching games can now pick up their mobile devices and find real-time betting value with the best sports gambling apps. This has really unlocked a door to the future of sports gambling and the popularity of online gambling apps.

Poker

Many sites offer free poker, where no real money is wagered, although in some cases players can accumulate credits that can be exchanged for prizes. This is the case why people are going to play for real money. There is an ongoing debate over whether poker should be classified as a game of chance or skill. The parameters of legal poker playing are still unclear and differ between jurisdictions. Since you are not gambling with money, I’m pretty sure under the law it’s just a video game for now.

Blackjack

Blackjack is the game of choice to many high-rollers and do you know why? Because blackjack is a challenging, logic and skill-based game where your thinking, strategy, and calculations determine the outcome of the game.

Bingo

Bingo is one of the most popular and socially accepted games in the world. Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognized in the Gambling Act that does not have a specific statutory definition, the Act providing simply that “bingo” means “any version of that game, irrespective of by what name it is described”. Bingo must be played as an equal chance game. For game to be classed as “bingo” it must meet the Act’s definition of “equal chance gaming” (as opposed to casino gaming). Thus, it: must not involve playing or staking against a bank, and must be a game in which the chances are equally favorable to all participants in the sense that each ticket or chance has the same probability of success as any other.
Licensed bingo is a well-regulated and socially responsible form of gambling that takes place in a safe environment. Many sites offer multiple forms of bingo with different features, types of games, and costs of play. These sites often cater specifically for women and some research suggests that they may appeal to markets who would not typically engage in traditional forms of gambling.

Slots

Slot machine is one of the most beloved game among the gambling community and it has been a part of the industry for a long time. They provide fun and entertainment and their simplicity allows gamers to start playing at once. This can play out in different ways depending on the machine you’re playing. For instance, there’s Pick a Fortune, a five-reel, 20 line game that puts players right in the studio of a television game show, including the potential to play a Deal or No Deal-style bonus round. A super trend over the past few years is mobile-friendly slot games. These apps and websites were developed to enable players to enjoy their favorite games on their smartphones at any time. Another dominant slot trend is licensed branded slots that are based on popular movies, television, and musicians.
Virtual Money vs Real Money
Let’s find out the difference between social gambling and real money gambling, as well as the differences between gambling through apps and gambling through a web browser. It can be quite confusing trawling through all the casinos, slots, and lotteries available, both through your mobile web browser as well as through mobile app stores, in the form of downloadable apps.

Virtual money

The main difference between virtual money and real money gambling is that the in-game virtual currency in social games and gambling-type games is used only like credits that are not paid out as winnings or anything given to player in cash, making these games exempt from gambling regulations.
Virtual money is loaded on user game accounts via in-app purchases in mobile applications or the game balance funding from a card via web based applications.

Real money gambling

Real money gambling via your mobile device is only allowed in countries where laws have been passed that allow for this type of gambling online, or there are no laws in place that prevent it. The payment systems are the legal way of services payment in the gambling app, performing as the intermediary between the gambling facility and the client. With their help, users replenish deposits and withdraw funds to personal accounts in financial institutions. If the application uses the payment system of a well-known brand, that gives players additional confidence in the resource. Nowadays, there is a wide range of payment systems, some of which operate all over the world, other systems are oriented towards the citizens of one or several countries. A number of services accept money of different world currencies, while others allow currency transactions of one state only.
What is an Online Gambling Licensing
The internet has a global audience, there’s no single piece of legislation that covers the legality of online gambling for the entire world. Mobile gambling doesn’t typically accept customers from every single country in the world. It often focuses on certain specific regions.
Instead, most countries have their own local laws that deal with the relevant legal and regulatory issues.
Ultimately, questions of legality all go back to the location of the casino or where the website operates out of. In closed regulatory systems, such as Italy, France, and the Netherlands, licenses, and advertising rights are limited to domestic providers, which must be located within their country’s geographical boundaries and these are only permitted to offer some types of products. Some jurisdictions, for example, Norway, Sweden, and Canada legalize and regulate online gambling, but this is limited to a single site that is owned by the government. Under such an approach, the government becomes the operator and regulator and all revenues are returned to the government.
Remote gambling is generally permitted. That means that an operator that is licensed may provide gambling services to citizens in the country via all forms of remote communication (and using equipment that may be located in the country or abroad). Equally, a remote operator may be licensed to offer gambling services to citizens in any jurisdiction in the world using equipment located in the country. The law provides that, for each type of gambling (betting, gaming, and participating in a lottery), there will be two forms of license available: remote and non-remote forms (land-based). If you provide facilities for remote gambling, online or through other means, and advertise to consumers you will need a license from the licensing jurisdictions or local licensing authorities. Before an online gambling site signs up its first customer, before it accepts its first bet before the first card is dealt, it must be licensed by a recognized governmental entity.
Certain regions in the world have specific legislation in place that allows them to license and regulate companies that operate online gambling sites or provide industry services (such as the supply of gaming software). These regions are referred to as online gambling jurisdictions or licensing jurisdictions.
Depending on what type of entertainment you are going to implement in your internet establishment, you will have to apply for the corresponding permissions. Online gambling laws in Europe vary from one country to the next. The industry is well regulated in some countries and less so in others. There are several online gambling jurisdictions located in Europe. Some of these are members of the European Union (EU), and thus subject to the various rules and regulations of that body, while others are independent. Each of these jurisdictions has an authority that’s responsible for approving gambling sites for licenses that enable them to offer their services legally. They also regulate their licensees.
Countries that Provide Gambling Licensing
Today there are lots of licensing jurisdictions located all over the world and offering different terms for their customers. Depending on the country, licenses can be local, international (distributed in several countries), have a different set of documents for registration, costs of registration and further support, various operating conditions and other special details.

Which gambling license is both internationally recognized?

The government of Ireland offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Ireland Gambling License is one of the most popular license for online casinos worldwide. Ireland has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Ireland including sports betting, casino sites, poker, bingo, and more.
In stark contrast, the UK is the largest regulated market for online gambling in the world, and corporations are already comfortable exploiting the intersections of gambling and gaming, betting in-play, social gaming, Bitcoin, financial trading and spread betting, betting exchanges, e-sports and, most profitably, mobile gambling. 40% and 60% of online gambling in the UK took place in Gibraltar.

International licensing

Europe is home to the following online gambling jurisdictions: Alderney, Gibraltar, Isle of Man, Malta. Malta is currently the country that is most accommodating to gambling companies, and the license offers whitelisted online gambling in sports and casino games in many European territories. But takes an extreme amount of time in paperwork and background checks. Also, you pay 5% of all your gross profit to the EU.
Among countries offering gambling licensing services, the attention should be paid to Curaçao jurisdiction, which is considered to be one of the most promising for the online gaming business.
Curaçao Internet Gaming Association (also known as Curaçao eGaming) is both a regulator and a licensor, and its licensing works worldwide except Curaçao itself, USA, France and Netherlands. Using Curacao as an example, let us examine in detail the process of obtaining a license, the necessary documents and expenses.
How to get a License on Curaçao
  • Documents necessary for company registration:
  • criminal record;
  • passport scans;
  • bank account confirmation;
  • documents proving payments for utility services.
After the company is registered, an operator can apply for the license providing the following documents:
  • a document certifying the right of domain possession;
  • description of games planned to be used in the project;
  • a list indicating countries of potential operation;
  • illustration of server locations to be used in the project;
  • a copy of the agreement with a software provider.
Gambling license cost:
  • Bank account opening $1000
  • Company registration $3600
  • Company management per year $3600
  • Application processing fee $1000
  • License fee per year $4800
  • Equipment/software fee starting from $1500
  • Server maintenance per year $6000
Apart from that pay for technical support and maintenance every year. The entire license issuing process takes between 2-4 weeks. Curacao Internet Gaming Association (CIGA) also has the power to review a license and, if it finds that an operator has breached a license condition, has the power to impose a range of sanctions including revocation of the license.
Apple and Google Gambling Rules
You’ll be surprised at the limited number of real money gambling app options available on the AppStore and Google Play Store. Most real money casino gaming is done through gambler’s mobile web browsers and not through mobile gambling apps that you’ll find for iPhone and Android phones. Apple allows online gambling applications in a few forms, and not just in places where it is explicitly permitted. They do not allow any payments through the applications – those have to be done on the websites. Apple has far stricter developer guidelines for iOS apps than Google does for Android apps, so it’s fine to assume that whatever you choose to download from iTunes is usually safe, secure, and meets a certain standard.
Any real money casino in the iTunes app is required to have proper licensing and permissions before Apple will approve the app for use or downloads. While Google Play is technically regulated, it is much more loose in what can be hosted.

Apple Store

Gambling, gaming, and lotteries can be tricky to manage and tend to be one of the most-regulated offerings on the App Store. Apple has rules for apps that support real money wagering, including sports betting and poker. Those apps and lotteries must have necessary licensing and permissions in the locations where the App is used, must be geo-restricted to those locations, and must be free on the App Store, and Apple rate even simulated gambling apps as appropriate only for users 17-years-old and up.

Play Store

Google keeps the reigns tight. To be able to successfully upload apps to the Google Play store, developers need to have a valid license for the specific countries they are targeting and comply with their regulations. The app must be free to download and must prevent under-age users from gambling in the app. As a final precaution, all gambling apps are required to display prominent information regarding responsible gambling practices. This brings its policy in line with the Apple App Store.
Countries where gambling is illegal
It is also important to remember that while gambling is growing rapidly in many places, in others it is totally or partially prohibited. As well as in the majority of the US, sports betting is illegal in India, Pakistan, and China, three of the largest gambling markets in the world. Most countries have rules against gambling. Almost all Islamic countries prohibit gambling of every kind, but many turn a blind eye to online gambling or simply do not have regulations in place for this grey area.
In the United Arab Emirates, however, any kind of gambling is prosecuted. National lotteries are the only legal forms of wagering on the Asian country’s mainland. Cambodia, North Korea strictly forbids online and offline gambling amongst its own citizens but allows tourists to participate in these activities.
Qatar is the strictest country of all when it comes to gambling laws. All forms of gambling activities are considered illegal, and even sports betting is not permissible.
Starting your own gambling product
Numerous online casino platforms in the market offer fantastic casino games like bingo, poker, roulette, and many more.
If you have an idea, but don’t know where to start, we advise you begin with a Minimal Viable Product (MVP) to pilot your proof of concept for investors. MVP spotlights your core features and lets your investors know there are bigger and better things to come.
For MVP you do not need a large team, just a few people are enough to create a fully functioning prototype. In the case of successful numbers of your prototype, the further development of a full-fledged product will require more team, resources and time, however you will be sure that your development and your costs will pay off.
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Big 5 Casino - 500 Free Spins Bonus (incl. 5 no deposit free spins)

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Big 5 Casino Review

Big 5 Casino is a stylish online casino site licensed by the government of Malta Gaming Authority. This site is creatively themed arounthe “big five” African safari animals – which is explained in the About Us page, giving the site an individual and distinctive character. The black, silver and lime green color scheme is modern and attractive, while the home page welcomes players with a greyscale safari background and a cartoon lion at the side of the page.
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DKNG - Fundamental DD Inside - DKNG

This is an example of fundamental DD that takes place at ‘smart’ money institutions based on my professional experience in IBD, Private Equity & most recently at a HF (mods can message me for proof). Not thoroughly fleshed out b/c you autists have limited attention spans, but a summary. Figured I’d take the time to give back to this community that has provided many lolz, & should be a good measuring stick when evaluating other forms of fundamental DD posted here.
NFA.
DKNG - DraftKings, Inc.: vertically integrated US mobile betting operator that also provides retail sports betting & back-end betting solutions through SBTech. Think of SBTech as the tech ‘market-maker’ for traditional sports betting, they do all the funny math to set the betting odds & seem to be working on back-end solutions for DKNG Casino
The Big Picture
Only ~2% of the ~$90Bn gambling revenues were placed online which is the lowest in the world where betting online is legal. For example, in other countries online gaming activity represents ~6% - ~52% of total gambling revenues, with ~12% being the average.
Wall Street expects online gaming revenue to be $20Bn-$40Bn within the next 10 years. For this to be achieved, the online gambling market will have to achieve a ~30% penetration rate on total country gaming revenues. There is an expectation that this is could be easily achievable given penetration trends overseas - see page 11 of this: https://s1.rationalcdn.com/vendors/stars-group/documents/presentations/TSG-Investor-Day_March-27-2019.pdf
Other catalysts include increasing adaptation of sports betting in more states. States that have both legal sports betting + online sports betting permitted: NV, NJ, WV, PA, IA. Sports betting permitted but no online: DE, MS, RI, MO, AR. Prior to COVID there was ongoing discussions across many States, especially ones with growing deficits to explore how permitting sports betting could create a fresh avenue of tax dollars. Post COVID there is an expectation that these discussions will be given extra focus as many States will be hungry for incremental tax dollars. Important to note that currently 43/50 States allow DFS, but given the small share DFS has on total Gaming Revenues, it increasingly looks like DKNG is banking on traditional sports betting for a variety of reasons, more later. There are entire articles on Google arguing this catalyst so I’ll end this here.
Digging Deeper
DKNG’s main offerings are Daily Fantasy Sports (“DFS”) products & traditional sports book products to its clients. Long story short, a metric to look for in my opinion (that is curiously not reported by management or remarked on) is the hold % in traditional gaming sector parlance or the ‘rake’ & compare it to the ‘traditional’ gaming products like sports betting & Blackjack.
For DFS: DKNG takes ~15% of the prize pool (note: used to be ~6-11% [2]). Curiously, their main competitor FanDuel also has moved up to a ~15% rake recently. Google searches show the smaller competitors have a rake in the ~13% range.
This ‘rake’ has grown ~2x in 6 years, but it has been a delicate move on behalf of management. Why? B/c the more ‘sophisticated’ DFS players (equal to autistic day traders on Robinhood) have noted this increase & based on some Googling, some have moved down market to the smaller players. As a side note, many live casino games have their rules altered to grow the Hold %. For example, Blackjack games with 6:5 payouts on 21 have materially higher Hold % than the traditional BJ rules that pay out 3:2. Given the findings so far, DKNG may not have much room to materially increase its hold % in DFS games in the near-term from current of 15%. More on this later.
Now why the fuck is this important? This is important b/c the typical sports book (ex-Parlays) have a ~5% hold %/rake. Parlays have up to a ~30% hold (which is why it’s commonly known as the sucker’s bet), & just for reference, the average Blackjack table clocks in 14.5%. What this means: Every dollar put into these games, the “House” or DKNG, will take 15% of your money for DFS games, for sports bets they will be pocketing ~5%, up to ~30% if you’re into parlays, & we’ll just use the standard 14.5% BJ hold for the DraftKings Casino platform.
So why the acquisition of SBTech & a foray into the traditional sports gambling market? As you can see previously, the illegal sports betting market is >30x the size of the current daily fantasy sports market. So it’s clear that the DFS providers including DKNG are foraying into the space to capture this user base & hopefully convert them into games that have a higher hold %, such as DFS/DKNG Casino.
As of May 2020, DKNG has achieved a 30% penetration rate on its ~4mm ‘monetized’ DFS clientele to its Online Sports Book (OSB), from the OSB+DFS clientele, DKNG has converted 50% into its DraftKings Casino platform.
Including non-monetized users, user base totals at 12mm. Based on these unit economics: every 1mm of additional users -> 333k monetized users for DFS -> 100k users for OSB -> 50k users for DraftKings Casino.
Some Numbers – Italicized/Bolded the important
Numbers that represent Risks to Long Thesis
Things to look for when going Long
- Progress of additional States legalizing sports betting – specifically, States with DFS already legalized
- Cost structure evolving to a more fixed mix vs. the mostly variable mix currently as this will be the forward figure that determines profitability
- Increasing User Base (Curr.: 12mm) -> Monetized Base (Curr.: 4mm) -> MUP (1Q’20: 0.7mm)
Share Price Target
Given the cost structure of the company, I’m going to base the price targets around Enterprise Value / Revenues (driven by MUPs & ARPUs).
Bear Case MUP: 5mm -> $20.32 - $45.73
Base Case MUP: 5.5mm -> $22.27 - $50.10
Bull Case MUP: 6mm -> $24.21 - $54.47
These MUPs imply a monetized customer base of 28mm – 33mm. At the high-end, this implies that DKNG monetized customer base will equal MGM’s current total user base.
At yesterday’s close of $43.70, DKNG is trading at 3.5x – 4.5x forward Revenues on an expected >5,000 MUPs.
Share Price drivers / considerations:
- Continued multiple expansion
- MUP Growth exceeding beyond targets
Management Team
Jason Robins, 39 – Co-Founder & CEO. Duke BA, started DraftKings from day 1 in 2011. The 2 other buddies he started the Company with are still at DKNG. Dude navigated the Company through the scandal that rocked them in ’15 & ’16, and was the trailblazer in getting DFS labeled as a non-gambling product that enabled it to open in States without a gaming designation. This shit is the stuff that gets people in history books. His accomplishments make him seem like a very competent guy. Has 3 kids now, and only ~3% economic ownership in DKNG but has 90% of the voting power through his Class B share ownership. Also he actively participates in venture investments, sitting on 10 boards.
His comp plan performance bonus target is pretty murky, but main drivers are EPS growth, revenue growth, then a bunch of margin & return metrics, along with share price returns. Overall, very open-ended & it’s safe to say as long as shit doesn’t hit the fan, he will be eligible for his max payouts year over year. I’m assuming the lawyers tried to encompass everything possible for maximum flexibility to justify him earning his max comp as long as DKNG is still around.
Since he’s got voting control of 90%, I’ll end the specific-person overview here, but want to note that they have a very bloated C-suite. 12 folks at DKNG, 8 folks at SBTech, all with C-suite designations. Whereas their main competitor FanDuel, has 3 guys with a C-suite designations & 1 EVP, but is a sub under a larger ParentCo that has its own management team of ~5 guys.
Looking through glassdoor you can see the biggest complaint among employees giving bad reviews is based on management, all of the specific issues they point out IMO are a result of a top-heavy company. Seems like a good starting point to optimize their cost structure, but given Robins' history of sticking this entire thing through with his co-founders since '11 stuff like this doesn't seem to be a part of his playbook. They’re a public company now though, so it’s going to be interesting to see going forward.
TL;DR:
If I were to initiate a position in DKNG, the stock would have to fall to the $35-$37 range for me to be a buyer of the stock, and based on this rough intro analysis I'll be considering Put options if it breaches $50. I would not touch Calls at this level.

[1] Susquehanna Research – U.S. Online Gambling 6/27/19
[2] https://rotogrinders.com/articles/bang-for-your-buck-a-look-at-dfs-industry-rake-153302
[3] https://draftkings.gcs-web.com/static-files/8f3a5c5a-7228-45bf-aab2-63604111c48d
[4] Goldman Sachs Research – DKNG Initiation 5/19/20
[5]https://www.gamasutra.com/view/news/223071/Dont_monetize_like_League_of_Legends_consultant_says.php
[6] https://rotogrinders.com/threads/how-many-people-actually-play-dfs-regularly-252044
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MLB Opening Day Betting Guide + Live Betting Strategies - Off Brand Sports Podcast Highlight Online Sports Betting (Part 1) - Beware Hidden Fees and Charges when Depositing Money How To Make $250,000 Betting On Sports - YouTube Online Sports Betting (Part 6) - What are NFL Prop Bets MLS Picks  Los Angeles Galaxy vs Houston Dynamo Live Betting  Stoppage Time for Thursday, July 23

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