UP, UP & AWAY: WVU FOOTBALL, ONLINE SPORTS BETTING APPS DRIVE BETTING MARKET
Another week, another new listing best overall betting handle for its West Virginia sports betting market. A week after the Mountain State set a new high for the total handle and revenue generated, online sports gambling helped increase the industry more.
Both DraftKings Sportsbook and FanDuel Sportsbook can be found in WV and the outcomes are clear. Sports gambling is peaking from the state and its likely to continue to improve.
After topping $6 million in handle in the last accounts, WV sportsbooks accepted around $6.4 million in wagers for the week ending Sept. 14.
While the state did not make as much revenue as its week, over $700,000 was still pulled by novels. This is now the sixth-straight week that earnings figures are at least half an hour.
This weeks report includes action
Additionally, it includes activity for both WV sportsbooks that are accessible:
Here are the??latest figures??released by the WV Lottery Commission because WV sports began in August 2018:
The week of Sept. 14 watched more betting action than ever before in WV. A new best was place for total betting handle with $6,442,110.84, which was a 7% increase from the week prior.
Revenue figures were solid despite taking a good step back from a week. The total amount of $717,813.51 was a 57% reduction from the prior report.
Sportsbooks had both most weeks today that sports gambling is coming now back in West Virginia. The betting handle surpassed $6 million again, this time hitting over $6.4 million.
Hollywood Casino headed the way with over $4.4 million, besting its all-time mark from a week past. This is actually the second-consecutive week its own sportsbook has reach $4.3 million in wagers.
Though it was a terrific opening week The FanDuel and Greenbrier Sportsbook, that week has been better. The Greenbrier gathered more than $1 million in manage for the first time .
After accepting roughly $930,000 in stakes a week, The Greenbrier topped $1.1 million. The land-based sportsbook of the resort has been restricted because of its exclusivity, however the Greenbrier has an online option in FanDuel, its gaining control over this industry share.
Its still doing during football season Though an internet sportsbook hasnt been released by Mountaineer Casino yet. Its own sportsbook totaled in manage over $850,000.
This is currently the week Mountaineers manage has increased.
Heres the way the WV sportsbooks rank for manage:
The Greenbrier can illustrate that by using an internet sportsbook, virtually everything is meant in a country with sports betting. Retail locations at casinos are beneficial and make game-day atmospheres fans cant get elsewhere, but mobile betting apps are the key.
Though its somewhat different because The Greenbrier is a personal facility that is betting, the sum its handle has increased because the launch of FanDuel is outstanding.
In one week, The Greenbrier surpassed Mountaineer Casino in manage and in week two, it has reached the 1 million plateau. It was only a month ago that the deal of The Greenbrier was only around $45,000.
People without an online sportsbook should move quickly before theyre left behind while wagering has invigorated in The Greenbrier.
Despite the fact that the gambling handle eclipsed its album the earnings figures werent able to keep up. WV sportsbooks produced less than half what they did the previous week but still managed a performance.
Sportsbooks gained more than 715,000, the week revenue has hit double digits.
Hollywood also led in terms of revenue. Its sportsbook made over $430,000 this week. It is the period Hollywood has earned that amount.
Around $150,000 of Hollywoods earnings came from the DraftKings online sportsbook.
The Mountaineer Casino finished second despite not having a mobile program. It made nearly $147,000, roughly $100,000 less than last week.
The Greenbrier did not match its revenue performance from the week ahead. Its sportsbook accounted for over $96,000 of its full of 138,000.
Here is actually the second week in a row the Greenbrier made at least $135,000.
Heres how the WV sportsbooks position for weekly earnings:
Sportsbooks did not make quite as much money as they did. What is so difficult about breaking the earnings reports is the fact that its not possible to tell what bettors are making or losing money out of.
Sports betting is a market, so when the deal is high, it doesnt automatically indicate that earnings is as well.
Obviously, each week gamblers in the state would like to win, but thats just about unattainable. We all do know that gamblers spend the team whos considered the favorite or better while we are unable to find out what games aided bettors.
If there should happen a significant upset to occur in the NFL or school football, in which a sizable favorite somehow loses sportsbooks could be greatly benefited by it. Naturally, of gambling on WVU football games, the result could swing the WV market drastically in regards to revenue.
The gambling numbers must continue to rise as occupants download online sports gambling apps to their mobile devices. Others will be linking FanDuel and DraftKings from the current marketplace.
William Hill Sportsbook in the near future will soon be launching their app along with PointsBet.
The addition of online sportsbooks has been crucial, but this is the simple fact that school football and NFL gambling has returned. WV bettors have done good with the WVU Mountaineers games Although sportsbooks love of the action .
WVU won this week, finishing the month of September with a 3-1 record. Almost more importantly, the Mountaineers covered the point spread this week from Kansas, sending everybody in Morgantown home a happy camper.
WVU soccer impressed again this past week with a large victory. The Mountaineers and the Kansas Jayhawks knocked apart with five points, extending their winning record to.
WVU will have to re-group until its matchup against the Texas Longhorns. WVU has a bye this week before hosting Texas on Oct. 5.
Marshall, on the other hand, is coming off its bye and is back to the soccer field . The Thundering Herd will battle Cincinnati in the home.
There are no odds currently recorded for your WVU game the two online sportsbooks Offered in WV provide the next lines for Marshalls matchup:
Marshall vs. Cincinnati
DraftKings chances:
FanDuel odds:
The NFL has another slate of matches this Sunday beginning their bye weeks. Much success hasnt been started 2019 out with by local teams to WV, however, this year is still young.
The following are the Week 4 betting odds according FanDuel and DraftKings:
Cleveland Browns vs. Baltimore Ravens
Pittsburgh Steelers vs. Cincinnati Bengals
Washington Redskins vs. New York Giants
Chris Imperiale covers sports gambling and the online casino businesses. He has a journalism degree from Rutgers University and was on staff at Bleacher Report.
Bet with your head, not on it. When youve got a gambling issue Telephone 1-800-GAMBLER.
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