According to a study on gambling preferences, bettors move from betting on the MLB to the football or NFL season as soon as it starts in September. The report published in the Journal of Sports Economics also states the change has little to do with better payouts. Gamblers do it because they perceive more fun or entertainment out of football than baseball. Actually the report even says gamblers are not expecting to win any money in the first few games. "We suggest that due to the popularity of the NFL and college football, bettors wager on football games instead of baseball games because they prefer to watch football games" says the study.
Latest Sports news
World's largest online sportsbook operator Bet365 is all set to enter into sports betting marketMay 29, 2020
The new partnership has begun between Bet365 and Century Casinos as the former entered in the Colorado Sports betting market.
New Jersey witness a drop in revenue while April brings some good news for online gamingMay 18, 2020
On Thursday, the New Jersey has released its gaming revenue reports for April, which revealed a 68.9% drop year-over-year, affected by COVID-19 pandemic.
ZenSports has announced the launch of white label sports betting suitApr 29, 2020
ZenSports has come up with the news of its launch of a new ZenSports firm for business product suite, designed to give sports industry organizations the talent to harness its peer-to-peer betting and cryptocurrency technology.
DC Sports Betting App Launch Delayed Due To CoronavirusApr 4, 2020
According to the office of Lottery and Gaming, the news of delaying the launch of DC sports betting has been officially confirmed.