Virginia Becomes Second State To Legalize Sports Betting In 2020

Virginia Legalizes Sports Betting

Virginia is now the second state to legalize sports betting in 2020, after Washington. New sports betting legislation goes into effect beginning July 1. The Virginia Lottery Board can grant as many as 12 total sports betting licenses and must approve at least four of these licenses by September 15. Virginia also passed another bill … Read more

COVID-19 Reduced Indiana’s Monthly Betting Handle By $112 Million

Indiana Sports Betting Revenue Drop

In March, Indiana recorded its second-lowest monthly sports betting handle and its lowest monthly revenue total on record. Handle decreased over 60% and revenue decreased over 50% from February. Because of the widespread sports shutdowns caused by COVID-19, Indiana sportsbooks had only 11 full days of operation. The sports world is shut down indefinitely, so … Read more

Nevada Surges, New Jersey Falls In February Sports Betting Revenue

Super Bowl LIV

Nevada sportsbooks earned $34.9 million in revenue on $466.3 million in bets during February. New Jersey earned only $16.9 million in revenue on $494.8 million in bets during the same time frame. Nevada likely profited from a high volume of losing Super Bowl bets, while New Jersey lost money on a large number of winning … Read more

NCAA Announces Coronavirus Pandemic Shuts Down March Madness Crowds

Empty Seats

The NCAA will be holding March Madness with no crowds. Large crowds increase the risk of COVID-19 (aka coronavirus) contamination. It is important to understand the implications of this decision, and the reasons behind it. ATLANTA – The NCAA Tournament will be held with no fans in attendance. As fears of COVID-19, known as the … Read more

Big East Tournament Odds: Villanova The Favorite Once More

Big East Conference

The Villanova Wildcats are the favorites to win the Big East Conference Tournament. The Seton Hall Pirates and Creighton Bluejays are close behind. The Butler Bulldogs have the fourth shortest odds to win the Big East Tournament. NEW YORK – With the Big East regular-season coming to an end, there is no clear favorite to … Read more

Betting The SEC Basketball Tourney? Be Sure To Hedge These Futures

SEC Conference

Five teams are favored to win the SEC Tournament with odds below +800 but Kentucky leads the pack at +210. Projected to finish 5th and 6th in the SEC preseason poll, Tennessee and Arkansas have odds of +2200 to win the tournament. With Georgia having Anthony Edwards on their roster, their odds of +10000 may … Read more

Michigan State Has The Best Odds To Win The Big Ten Tournament

BIG 10 Conference

Michigan State are favorites to win the Big Ten tournament at +225 The Big Ten’s depth has been impressive, and a majority of teams in the conference have a realistic shot of winning the tournament. Wisconsin, Maryland and Michigan State all tied for the regular-season conference title. Purdue, Ohio State, Michigan and Iowa are all … Read more

ACC Tournament Odds: FSU, Duke, Louisville, Virginia Lead The Pack

ACC Men's Basketball Tournament

Florida State won the regular-season ACC championship. Duke, Louisville and Virginia all tied for second in the ACC at 15-5. Clemson has beaten Duke, Louisville and Florida State this season. The ACC tournament starts tonight with Pitt vs. Wake Forest and North Carolina vs. Virginia Tech. GREENSBORO, N.C. — The first two games of the … Read more

Loyola Chicago Favored To Win Missouri Valley Conference Tournament

Missouri Valley Conference

Northern Iowa (-110) leads the conference in wins and is favored to win the conference tournament. Loyola Chicago and Bradley are close in both the standings and on the odds board. Drake was a disappointment during conference play this season going 8-10. ST. LOUIS, Mo. – The Northern Iowa Panthers are looking to continue their … Read more

WCC Tournament Odds: Toreros Vs. Lions Betting Kicks Off Event

West Coast Conference

The West Coast Conference Basketball Tournament starts today. Futures odds have first seeded Gonzaga as the clear favorite. The eight vs nine matchup is tonight, as Loyola Marymount Lions face the San Diego Toreros. SAN DIEGO – The West Coast Conference (WCC) tournament begins tonight as March Madness is fast approaching. The first game of … Read more