FD, Draftkings, MGM Control 80% Betting Markets USA Still

[jjgold]

8 out of every 10 sports bets comes through one of these incredible stat..NON NEVADA

 

[Tanko]

JJ, do you have the breakdown for domestic vs off-short betting for people in the US?
I'm curious what the split is.

 

[jjgold]

No, I would think it’s at least 75% USA versus offshore 25% that’s being generous

 

[Tanko]

No, I would think it’s at least 75% USA versus offshore 25% that’s being generous

Wow.... That's a huge difference.

 

[KVB]

These fukkers spend hundreds and hundreds and hundreds of million dollars and operate at a loss during the customer acquisiton phase then they get this share of the marketplace and what do they do?

FD and DK with a 3.98% hold on the world series tonight.
MGM at 4.16%.

I always said they were advertisers not bookmakers.

Compare that to Pinny at 1.85%, BM and 2.25% and BOL at 2.04%

Who's confident in their bookmaking and who's a scared little advertising department bitch?

Pfft.

Know Your Markets, folks.

 

[Tanko]

These fukkers spend hundreds and hundreds and hundreds of million dollars and operate at a loss during the customer acquisiton phase then they get this share of the marketplace and what do they do?

FD and DK with a 3.98% hold on the world series tonight.
MGM at 4.16%.

I always said they were advertisers not bookmakers.

Compare that to Pinny at 1.85%, BM and 2.25% and BOL at 2.04%

Who's confident in their bookmaking and who's a scared little advertising department bitch?

Pfft.

Know Your Markets, folks.

F#k'n robbery. They should be charged with theft those POS.

 

[KVB]

Probably start pushing -112 or -115 lines.

They have do something since the illconceived "winner's tax" got shot down.

 

[KVB]

Dodgers -125 at Pinny.

I can get that now in NJ at DK

But Pinny dealing +115 for Yankees. NJ reporting +105 for the Yankees.

Pinny maintains the 2% hold.

Keeping it at +105 gives DK over 4% hold.

Now think about the split geographically. West probably piling on Dodgers while East bets the Yankees.

DK shorting those Yankee bettors for sure.

 

[djefferis]

There’s a day of reckoning coming for legal gambling.

The 3 headed monster will become a duopoly eventually - and the 2 will agree the constant ads aren’t needed and there will be no new clients to sucker in with the deposit $5 - get $300 in bets.

They will feel the pressure from state lotto commissions looking to make up lost revenue from other things and squeezing them further.

Offshore on the other had will have easier deposit options and payment transfers and will be more competitive. All it takes Is a new entrant or 2 into offshore with some $$ and the scene will change.

 

[KVB]

Then there's Blowvada dealing -122/+102 with a 4.27% hold.

They just don't want those Yankee bettors.

 

[KVB]

Seriously, lol.

Compare Blowvada's -120/+100 to the rest of the market.

Why don't they just take it off the board?

 

[BigJay]

8 out of every 10 sports bets comes through one of these incredible stat..NON NEVADA

I heard it was 4 out of 5