In the first year of widespread legalized sports betting in the US, we’ve seen 17 states take the plunge. The states that were the first movers in this space provide a good example of how it can be done and the profits that can be made. They also provide some examples of what mistakes future states […]
Posts tagged Mississippi
My 2019 Wish List
There’s little doubt that 2019 will be a year of tremendous growth in the sports wagering industry. A year ago I wouldn’t have expected that we would already have eight states with some form of legalized sports books. Many analysts predict we’ll have upwards of double that number by the end of 2019. We’ll do […]
A Rundown of Legal Betting States
In states that have recently passed sports betting legislation this is crunch-time. Football is the king of sports wagering in the U.S. and football season gets going in a couple weeks. Companies are scrambling to get the green light from their states in time to take wagers before season’s kick off. It’s time for a […]
Paying to Avoid Royal Flushes
Assume you are a 5-coin dollar player playing 9/6 Jacks or Better and are dealt 3♠ A♥ K♥ T♥ 5♥. The only two plays to consider are holding three hearts to the royal flush and holding all four hearts. If we check out EV, we find holding three hearts is worth $6.43 and holding four […]
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