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ATLANTIC CITY, N.J. (AP) — Here’s one more thing the coronavirus pandemic has ruined for at least some people: betting on the Super Bowl. The American Gaming Association, the gambling industry’s national trade group, released a report Tuesday predicting that the number of people planning to make a bet. Several People Are Betting Over $100,000 on Biden Winning Election—No One Has For Trump. The largest wager, for £115,472 ($148,058 at today's exchange rate), was placed on Sunday for the former.
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Christmas Movie ReviewsHome / Gaming / Why do people bet on eSports?January 31, 2021 by Thomas GlareIf you are not a gamer, you have probably asked yourself why some people bet on eSports? Wagering on a computer game definitely sounds strange, but once you discover the hidden gems that each game has to offer, you will understand why some people prefer eSports over the regular betting options.
Since you’re reading this, you probably haven’t started punting on any eSports yet. That’s why the purpose of this article will be to show you a few reasons why people choose to bet on a different computer and mobile games. Without further ado, let’s take a look at why bettors like eSports.
The fact that people can bet on the game they want and potentially win something is amazing
The first reason why people want to bet on eSports is that they like playing computer games. Most people that choose one of the recommended e-sport sites accepting betting on different games happen to be active gamers. This means that they know how most of these games work, and they want to see whether they can monetize their experience.
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Even though every gamer wants to do this for a living, being a professional player is challenging. That’s why some people prefer wagering on their favorite games.
Esports have different rules, markets, and odds
Apart from gamers, even people who don’t know much about eSports tend to bet on some of the more popular titles. That’s due to the fact that each of these games has certain markets and odds that are not available for any other sport.
Although the more popular betting options like football and basketball will usually have up to ten times the number of markets, each eSport is unique, so the options there won’t be available on any other sport.
There are always different tournaments that you can pick from
Since there are so many different eSports titles that you can choose from, there will always be an ongoing event that you can wager on. Most eSports titles have special leagues that take place throughout the year.
We have to point out that some bookmakers don’t cover every tournament. That’s why most people prefer opening an account on a gambling website that focuses on eSports.
Keep in mind that it is not always recommended to bet on the so-called “tier 2 and tier 3″ events.
Most of the times, bettors can watch the game they’ve wagered on
Lastly, some people like betting on eSports because almost every bookmaker that offers multiple computer games also has a live-streaming option and an in-play section. As a result, bettors can wager on live matches and watch most of them directly on the betting platform.
This might not seem like a big deal, but the fact that you can do all of this at once makes eSports really attractive, especially for those who are into live betting. Don’t forget that once you start betting on those types of matches, you will also get the chance to experience many new markets that are not available elsewhere.
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ATLANTIC CITY, N.J. (AP) — Here’s one more thing the coronavirus pandemic has ruined for at least some people: betting on the Super Bowl.
The American Gaming Association, the gambling industry’s national trade group, released a report Tuesday predicting that the number of people planning to make a bet on the big game will decrease this year.
That’s largely because many people still haven’t returned to work settings, where office pools and squares pools are often circulated and filled out, as well as because fewer people are planning to make bets at in-person sports books, including casinos and horse tracks.
But at the same time, the report predicts that the rapid growth of legal sports betting in the U.S. should easily smash records in terms of the amount wagered online — the manner in which most sports bets are made.
The AGA report says 23.2 million Americans plan to bet on the game that pits defending champions Patrick Mahomes and the Kansas City Chiefs against Tom Brady and the Tampa Bay Buccaneers. That would be a decline of 12% from last year’s levels.
It says the $4.3 billion they are projected to wager, both legally and otherwise, would be down 38% from last year’s Super Bowl.
But it also forecast a record 7.6 million Americans betting with online sportsbooks, up 63% from last year.
“COVID-19 has disrupted everything about American work and recreation, and we can expect the patterns of betting on this year’s Super Bowl to reflect this reality,” said David Schwartz, a gambling historian at the University of Nevada Las Vegas. “It is likely that, with many Americans working remotely, betting in office pools will be down. Bettors may also not place bets in sportsbooks before and during the game. But with the increased prevalence of legal online betting options, it is likely that the level of bets placed with state-regulated sportsbooks will increase. ”
Johnny Avello, head of sportsbook at DraftKings said he expects “huge numbers” from the game.
“Let’s face it, this matchup is about as pretty as you can get: the defending champions against a guy who’s been there before,” he said. “It just looks like a winner all around.”
Jay Croucher, head of trading at PointsBet, said that while the amount wagered at in-person locations “might inevitably decrease due to the current landscape, this will ultimately be more than outweighed by what we expect to be record numbers for online wagering on the Super Bowl.”
FanDuel also expects a record amount to be bet on the game, as does Jason Scott, vice president of trading for BetMGM.com, whose site has taken a $2.3 million bet on Tampa Bay to either win the game or to lose by less than 4 points.
And Adrian Vella, managing director of the Tipico sportsbook, said conditions are perfect for record-breaking online betting this year, including so-called “prop” bets on the performance of individual players.
“With the Super Bowl just a few days away, novelty game props and player prop single bets are coming in fast and furious, indicating a surge in casual bets by fans stuck at home from the snow, quarantine, or both,” he said.
Half of the 50 states have legalized sports betting, with markets up and running in time for this year’s Super Bowl in 21 of them.
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The number of Americans saying they will bet casually with friends, or in a pool or squares contest is forecast to decline by 3.6 million, or 18%.
The survey of nearly 2,200 adults by Morning Consult was done Jan. 25-27, and has a margin of error of plus or minus 2 percentage points.
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