Soccer Betting Markets
Classical 3-way betting (also described as 1X2 or FT betting) has remained the top choice for punters around the world. Other popular football markets include total number of goals (over /under betting). #1 Soccer Betting Guide - Reviews, Tips, Bonuses and Promotions! Somewhere right now there is a soccer match being played, and the beauty of soccer betting online or via mobile device is that you are going to be able to bet on a huge number of the soccer matches no matter in which country they are being played and no matter at what time they are being played. Like with most sports, soccer matches can include a wide variety of betting markets. All sportsbooks should provide the basics: moneylines, goal lines and totals. Odds can get much more extensive. Get the latest odds and sports information from bet365’s sports betting team. Read the latest news, keep up-to-date with scores and prices, and view the great range of promotions on offer at bet365. Above football betting tips are created for the 1X2 market, or Win-Draw-Win (Home-Draw-Away) for the final of each match. The 1X2 betting market is the most common betting options on football, where.
The US sports betting industry is shaping up for another record-breaking month with Nevada reporting strong results in January.
Nevada’s sportsbooks handled $646.5 million in bets last month. That’s just the fourth time the state has broken the $600 million mark, with the total just 2% off the record set in October.
Sports betting revenue was also the second-highest in Nevada history at $52.4 million for an 8.1% hold. That amounted to $3.5 million in tax revenue based on Nevada’s industry-low 6.75% rate.
Nevada puts US sports betting on track for record
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With NV sports betting results now in, January’s US sports betting handle and revenue totals are $3.4 billion and $306.8 million, respectively.
The tally is still missing results from a few states including Colorado and Illinois, which means January will likely be the first month the US tops $4 billion in handle.
Neither of those states will likely break the top three, though. Nevada’s results track second behind the NJ sports betting market, which reported $958.7 million in handle. PA sports betting is third with $615.3 million.
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NV still trailing in mobile share
The coronavirus pandemic is likely still having an outsized impact on Nevada compared to other markets, but there’s another factor limiting its sports betting results.
Nevada reported just $363.8 million in mobile handle, which is just 56.3% of the total. That’s compared to 92.5% in New Jersey and 94.3% in Pennsylvania last month.
Mobile revenue, meanwhile, was just 44.2% of the total with $23.1 million.
Nevada, of course, still requires in-person registration, which limits mobile betting growth. There was a chance that could have changed late last year, but a hearing to discuss the change was eventually canceled.
Basketball outshines football
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Fewer football games across the NFL and college slate let basketball slip into the top spot last month in terms of handle.
Bettors wagered $293.1 million on basketball compared to $288.3 million on football in January. Football still held the top spot for revenue, though, with $25.6 million compared to $22.2 million for basketball.
Hockey handle hit $23.8 million for the month but lagged behind the “other” category, which accounted for $37.2 million.