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Each week, the “What’s on Tap” series The world of sports bettingFind an overview of upcoming financial events, legislative and regulatory meetings, industry conferences, top games of the week and more here. Also, check out our weekly reviews.”grasptake a look back at last week’s notable news.
Monday, January 30th
Bettors continue to monitor the early Super Bowl line
After a thrilling win in the AFC Championship, the Kansas City Chiefs opened Sunday night as the favorites to win the Super Bowl ahead of the Philadelphia Eagles. But within 30 minutes of sportsbooks posting their opening lines, they had moved a few points in the direction of the Eagles at major sportsbooks across the country. It was stable at Eagles -2 on BetRivers, PointsBet, etc.
In Las Vegas, many local books had queues up to Eagles -2.5, led by Circa Sports and SuperBook Sports. One bettor pegged the Chiefs’ odds at -2.5 on Sunday night before the line moved 16 seconds later. Thirteen days before the Super Bowl, the top betting syndicate will look to capitalize on arbitrage opportunities over the next two weeks.
the Super Bowl opener at @CircaSports The Kansas City Chiefs were -2.5 for a total of 51. It will be interesting to see where this number goes over the next two weeks! #Super Bowl LVII pic.twitter.com/61TEytQQf0
— Jeffrey Benson (@JeffreyBenson12) January 30, 2023
Tuesday, January 31st
Massachusetts Launches Retail Sports Betting
Legal sports betting comes to Massachusetts on Tuesday, with three land-based sportsbooks opening their windows. On Tuesday, Bay State bettors will be allowed to place sports bets at the following brick-and-mortar sportsbooks: MGM Springfield (BetMGM). Encore Boston Harbor (WynnBET), Plainridge Park Casino (Barstool Sportsbook).
BetMGM will accept the first bets when retail sports betting begins statewide at 10am ET. At MGM Springfield, former Boston Bruins All-Star defenseman Ray Burke joins the ribbon-cutting ceremony at his new BetMGM sportsbook.
Former Patriots linebacker Rob Ninkovich is set to make an appearance at Plainridge Park when the Barstool Sportsbook opens on Tuesday. Plainville’s casino is minutes from Gillette Stadium, home of the Patriots. Three retail sportsbooks get a head start on mobile sportsbooks, which won’t go live until March.
at the beginning of the day, @BetMGM announced that it will begin accepting sports bets at the MGM Springfield retail sportsbook on January 31st. Former Bruins All-Star D Ray Burke, his BetMGM CEO Adam Greenblatt, and Springfield Mayor Domenic Sarno will attend the ribbon-cutting ceremony at 9:15 a.m. pic.twitter.com/d5Fmd7dLgb
— Matt Rybaltowski (@MattRybaltowski) January 25, 2023
New York State Legislature Holds Hearings on Mobile Sports Betting
New York State is having a successful first year for mobile sports betting, with state tax revenue reaching nearly $700 million in calendar year 2022, beating expectations.
Amid windfall, leading gaming lawmakers will consider the impact mobile sports betting will have on the state budget at a joint state Senate and Congress hearing on Tuesday. introduced a bill to expand the number of mobile sports betting operators in New York from 9 to 14 by New Year’s Day 2024. The hearing will take place the day before Kathy becomes governor of New York. Ho-chul is scheduled to deliver his annual budget speech on Wednesday.
February 3 (Friday)
Top sportsbooks expected to release Super Bowl props
Last year, Superbook posted a massive 32-page menu of Super Bowl props on February 4, nine days before the big game. By Friday, several high-profile sportsbooks are set to release all of their Super Bowl LVII props.
Selected props have already been released in some books. In a point bet, Chiefs tight end Travis Kelce has -135 odds of scoring a touchdown anytime in the Super Bowl. After deliberation at the Massachusetts Gaming Commission last week, Bettors in the Bay State will be allowed to bet on the coin toss, as bettors in many other states can bet.
Donna Kelce should be in the Super Bowl coin toss! Kudos to these parents!!!!@NFL @tkelce @Patrick Mahomes @BrittanyLynne pic.twitter.com/cfmnyVBoaJ
— Kristin Kilgore (@kristin_kilgore) January 30, 2023
Saturday, February 4th
LeBron keeps chasing Kareem’s record
After scoring 41 points against the Celtics on Saturday, LeBron James is 117 points away from breaking Kareem Abdul-Jabbar’s all-time NBA scoring record. The Lakers have three games ahead of him this week in New Orleans on Saturday night.
James, who is averaging 30.2 points per game, won’t set a record until next week. Still, he could surpass Abdul-Jabbar’s record of 38,387 points in his career on Saturday night. FanDuel has the odds on the exact date James will break the record at +3100 against the Pelicans on Saturday.
NHL All-Star Game Returns to South Florida
The Florida Panthers will host the NHL All-Star Game on Saturday, 20 years after the first marquee event in franchise history. The Panthers had planned to host the event in 2021, but the league canceled All-Star Weekend due to the COVID-19 pandemic. His two veterans of the Panthers, forwards Alexander Barkov and Masjit Kaczuk, earned spots on the Atlantic Division roster.
Since the NHL moved to a 3-on-3 format in 2016, there have been six All-Star Games. For those wanting to wager totals on the final, the championship game has averaged 7.8 goals in six contests since the format changed. There were two outliers. Pacific he defeated Atlantic in 2016, he went 1-0. And he did so three years later as the Metropolitans beat Central he went 10-5. The totals for the other four matches are in the range of 7-9 goals.
Senators forward Claude Giroud was named All-Star MVP last season. Two former All-Star MVPs, David Pasternak and Sidney Crosby, are scheduled to play in Saturday’s game.
February 5 (Sun)
Pro Bowl debuts flag football format
The league is tweaking its traditional format when the Pro Bowl heads to Las Vegas this weekend.With the Manning brothers coaching on the other side, the Pro Bowl will be played 7-7-3 on a 50-yard field at Allegiant Stadium. consists of one game. A 20 minute game has two 1st halves for him of 10 minutes each. A team scores 6 points for each touchdown followed by a 1-point conversion from the 5-yard line.
Major sportsbooks have traditionally provided lines to the Pro Bowl, but it’s unclear how many will post odds in this year’s rendition. Maybe. Additionally, if you’re betting $10 or more on the Pro Bowl, you might want to re-evaluate your sports betting habits.
Eli Manning Coaches NFC vs. Brothers Payton’s AFC in First Pro Bowl Game https://t.co/5XzuGOfmUE pic.twitter.com/UpZkKXeXmz
— Around the NFL (@AroundTheNFL) December 6, 2022
Have a nice week everyone!
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