Sports Betting - Spark Newswire

3 minute read

Think Last Second Shots Don’t Matter In Basketball? The Cost Is Millions Of Dollars For Bettors And Sportsbooks

Today, 2:41 AM

More states have legalized sports betting in recent years, leading to an increased number of people who could bet on games in the 2023 NCAA Men’s Basketball National Tournament. Some may have found out quickly that bad beats and backdoor covers can crush bets.

MGM

3 minute read

Biggest March Madness Upset Ever: Here’s The Payout On A $100 Bet On Fairleigh Dickinson Over Purdue

By Chris Katje

Today, 2:41 AM

Since 1985, the NCAA Men’s Basketball National Tournament has featured a bracket of at least 64 teams seeded 1 through 16 in four different regions. For the second time ever, a 16 seed defeated a 1 seed, cementing its place in March Madness history.

CZR

3 minute read

Joe Biden Releases March Madness Bracket Late: Here’s Who He Picked And An Early Loss Already Hurts

By Chris Katje

Today, 2:41 AM

During Barack Obama’s time as president from 2009 to 2017, the president released an annual March Madness bracket for the men’s and women’s national tournaments. The tradition has seen limited participation by the presidents that followed him.

DKNG

2 minute read

WWE Reportedly Wants To Legalize Betting On Scripted Matches In 2 States

By Shivdeep Dhaliwal

Today, 2:41 AM

World Wrestling Entertainment, Inc. (NYSE: WWE) has held talks with state gambling regulators in Colorado and Michigan to legalize betting on scripted match results.

DKNG

4 minute read

EXCLUSIVE: Tom Brady Is About To Throw Massive Wrench Into NFL Betting Odds This Season

By Chris Katje

Today, 2:41 AM

After 23 seasons in the National Football League, legendary quarterback Tom Brady retired from the league for a second time in early 2023. New rumors point to Brady considering a return, which could impact the sports betting odds for NFL teams and the NFL MVP race.

DKNG

3 minute read

This Bettor Turned $1 Into Massive Winnings On A 25-Team College Basketball Parlay

By Chris Katje

Today, 2:41 AM

The calendar has turned to the month of March, which means the season of March Madness and the college basketball tournament is nearing its kickoff. Ahead of the annual college basketball tournament, one sports bettor had some madness of his own, turning a 25-team parlay into huge winnings.

PDYPY

3 minute read

Joe Biden Is Now The Betting Favorite For 2024 Presidential Election: Here’s Where DeSantis, Trump Rank

By Chris Katje

Today, 2:41 AM

While the 2024 U.S. presidential contest may seem a long way off, polls to see who is favored by voters and betting odds for the next White House occupant have ramped up. Here are the latest betting odds for the 2024 presidential race.

DKNG

3 minute read

DraftKings 3.0: Analysts Raise Price Targets After Q4 Beat, Focus On Profitability

By Chris Katje

Today, 2:41 AM

Sports betting giant DraftKings Inc (NASDAQ: DKNG) beat revenue estimates in the fourth quarter and raised its 2023 guidance.

DKNG

2 minute read

Trading Strategies For DraftKings Stock Before And After Q4 Earnings

By Melanie Schaffer

Today, 2:41 AM

DraftKings, Inc (NASDAQ: DKNG) was trading about 2.6% higher Thursday as the company heads into its fourth-quarter earnings print after the close.

DKNG

3 minute read

Reddit User Predicts Last 16 Super Bowls With 100% Accuracy, But In The Wrong Way

By Chris Katje

Today, 2:41 AM

In the world of sports betting, being right around 50% of the time will likely lose money over time. Bettors who can be right at a higher percentage can generate positive returns more often than not. One Reddit user has had a 100% success rate at picking the Super Bowl matchups over the last 16 years. There’s just one catch.

FOX