NFL AND WVU FOOTBALL FUTURES CONTINUE TO DRIVE WV SPORTS BETTING MARKET
There are a few signs in the West Virginia sports betting market because of the yield of NFL and college football. Together with the most gambled to make its return, the WV marketplace is seeing a jump in betting handle.
Overall, the 3 active land-based WV sportsbooks saw an additional increase in total handle for the week ending Aug. 10. Following a good showing the overall deal surpassed the $2 million mark last week.
The gambling figures are down for a while in the Mountain State, but it’s clear that football wagers are what is driving the market. There are, Even though there’s not any NFL team right within the country.
Though residents in WV enjoy the NFL, they enjoy gambling on WVU football much more. Their season is started by the Mountaineers . They start against FCS competitor James Madison.
A whole great deal of bettors may be skeptical, but the WV Lottery has come out again saying there is a”good chance” that a cellular sports gambling app will be live in time for football season.
Gamblers in the state have been without an internet sportsbook. The return of soccer will help provide a boost but it won’t be sustainable without a mobile betting option.
Residents are waiting for just one of three operators which were accepted by the nation. They include:
Together with the handle revenue figures were impressive as well this week. Sportsbooks earned almost $200,000 in their fourth-straight week.
This week’s record includes action from Aug. 4-10 to get WV sportsbooks:
Mardi Gras Sportsbook and Wheeling Island??Sportsbook remain closed. It seems unlikely that both will soon accept bets from the start of the football season.
Here are the??most recent figures??released by the WV Lottery Commission since??WV sports gambling revenue??tracking began in August 2018:
It had been another fantastic week for the sports. WV sportsbooks’ manage grew by 12 percent, totaled $2,146,221.23.
Revenue figures went in the right direction. Sportsbooks earned $194,544.43, a 774% increase from the previous week.
The sports betting handle has improved in 3 of the four months. Now that football season is nearly here, it appears that futures wagers have pushed the deal back to a mark that is respectable.
WV accepted more than $2 million in stakes for the very first time.
Hollywood Casino headed the way as it had one of its best months in some time. Its manage capped $1.8 million for the first time as late April. As Hollywood Sportsbook is the driver of revenue and handle this is a terrific sign for the WV market.
The handle of Mountaineer Casino dropped appreciably despite having a decent week. After eclipsing $ it took around $.
The Greenbrier finished this week with more than $40,000 in manage. That can be more than twice its creation from a week past.
Here is how the WV sportsbooks rank for handle:
It’s tough to comprehend what there is a slow period till you in one. The combo of there not being many sports available to bet on, along with the absence of sportsbooks in the country limited the past couple of months WV’s manage.
One of these factors has now changed.
The overall manage of the state has continued to increase since football has inched nearer. After totaling just over $1.1 million handle a month past, it hasn’t dropped under $1.6 million since.
In four weeks time, the deal has gotten back to a respectable figure over $2 million.
Because it demonstrates there are lots of bettors in the state looking to place 26, this is a sign for the WV market. It is promising that soccer futures can raise the handle so large.
If this tendency isn’t any consequence of items once the soccer season begins, sportsbooks must observe an even bigger handle.
It was another good week for WV sportsbooks in terms of producing revenue. They left money .
Last week hollywood Casino caught its best spot back. Its sportsbook made greater than $115,000 this week.
Mountaineer Casino had a terrific week, also. It earned more than 60,000 in revenue.
The Greenbrier bounced back nicely. It earned nearly $14,000 after losing over $10,000 the previous week.
Wheeling Island did not payout some wagers, but Mardi Gras lost $100.
Here is the way the WV sportsbooks rank for revenue:
It is clear that there are gamblers in the state. If futures for the upcoming season can create this kind of a leap in revenue and handle, there is no telling exactly what the season could bring.
This is particularly true if WV ever gets around to launch a cellular app that is betting.
Bettors might be able to find some time to visit a sportsbook before the year starts, when the year’s underway, but that won’t happen on a basis.
The state has to find an option or else it’ll risk losing thousands each week. It is easier for a good deal of WV residents to have a trip north than it would be to travel to one of only three retail publications within the nation with Pennsylvania sports betting featuring several cellular platforms.
It seems that the WVU faithful has bet that the Mountaineers’ lineup for their battle with JMU. DraftKings in New Jersey has the odds for week after beginning as favorites:
Bettors are getting inside their futures for a lot of NFL offerings, with the NFL season nearing well. The most typical is who will be this year’s Most Valuable Player. DraftKings NJ lists the odds for 2019 league MVP:
Chris Imperiale covers sports betting and the online casino businesses. He has a journalism degree from Rutgers University and was previously on staff at Bleacher Report.
Bet with your head, not on it. If you have a gambling problem Telephone 1-800-GAMBLER.
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