Offshore Sportsbook Fact Blog

An Iowa casino is making plans for sports betting in advance of possible legalization this year. On Wednesday, Prairie Meadows Racetrack & Casino announced a new partnership with industry giant William Hill. Opened in 1989, the Altoona horse racing facility boasts more than 1,700 slot machines and gaming tables within its 85,000 square feet of casino space. News of the partnership first emerged from the…

Sports betting at an online sportsbook is a rather simple process. You place a real money wager on a betting option that is posted on the book’s betting board. If that bet is correct, you win. If that bet is incorrect, you lose a set amount of money that also includes a small commission for the book known as the “juice” or the “vig”.…

Looking at Monday’s news on a new federal Wire Act memo from the Office of Legal Counsel (OLC) requires a brief history lesson. The original Wire Act memo was written in 2011 by then-Assistant Attorney General Virginia Seitz. The quick summary of the 2011 Wire Act memo was that it was the Department of Justice’s position that the Wire Act of 1961 only applies to…

Routinely the best weekend of football all season, the 2019 AFC and NFC Championship Games shouldn’t disappoint. The top-two seeds in each conference will meet in a pair of high-scoring regular-season rematches.  Get the best bets and expert advice for Rams vs Saints and Patriots vs Chiefs. Home-field advantage won the day in the Divisional Round as all four higher seeds moved on to…

Which of the final four teams in the 2019 NFL Playoffs provides betting value? New Orleans continues to be the Super Bowl 53 favorite. Is there a big price worth considering? After Wild Card weekend produced some surprising results, the NFL’s Divisional Playoffs went according to plan. That means the top-two seeds in both conferences are set to meet in what should be entertaining…

The DraftKings Sports Betting National Championship was supposed to be a celebration of the possibilities for the future of US sports betting. Instead, it ended with controversy and some participants and observers crying foul. Here’s a rundown of what went down, from what Legal Sports Report has been able to piece together: DraftKings Sports Betting National Championship … before the problems The first-ever DraftKings…

FanDuel Sportsbook and Meadowlands Racetrack posted a strong December as NJ sports betting revenue held steady from November. NJ sports betting handle again surpassed the $300 million mark last month, checking in at $319 million. That handle led to $20.8 million in revenue for operators, which equates to a 6.5 percent win. In November, New Jersey sports betting totaled $21.2 million in revenue on…

Parx Casino, outside of Philadelphia, welcomes PA sports betting Thursday with the official opening of its sportsbook facility. The formal opening follows a successful two-day testing period at Parx that began Tuesday. With Parx up and running, PA sports betting now includes four casinos, with more soon to arrive. “Parx is expanding its portfolio of offerings to give patrons the absolute best of all types…

Online sportsbooks have always been true pioneers in the sports betting industry over the past few decades. In today’s fast-paced betting environment, they offer quick and easy access to their betting boards from various devices such as desktop and laptop computers to today’s most sophisticated handheld phones and tablets through an advanced mobile betting platform. The modern online sportsbook continues to set and then…

Clemson is the favorite to repeat as college football’s National Champion in 2020. Alabama is the only teams besides Clemson that’s shorter than +1200. That means there is plenty of value outside the top two. The College Football Playoff just ended and it’s a long eight months before there is another meaningful game, but before you completely forget about everything you learned during the…