Wager Mage
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According to the American Gaming Association, 30 states and the District of Columbia currently have sports betting legislation that's considered “Live, Legal,” meaning single-game sports betting may be offered to consumers through legal retail and/or online and mobile sportsbooks.
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Read More »Sports and gambling are two major industries in the United States. However, until fairly recently, the intersection of these two activities (i.e., gambling on sports) was limited to a small number of states. Even today, while it's far easier to participate in sports betting—thanks in part to a myriad of online and mobile options—it can still be heavily restricted or even outright unavailable depending on where in the U.S. you're attempting to gamble. Here's what to know about sport betting laws by state. Key Takeaways Gambling on sporting activities typically requires working with an individual or company that accepts bets, also known as a sportsbook. These can either be retail locations that offer in-person bet placement or online and mobile platforms, depending on state laws. According to the American Gaming Association, 30 states and the District of Columbia currently have sports betting legislation that's considered “Live, Legal,” meaning single-game sports betting may be offered to consumers through legal retail and/or online and mobile sportsbooks. Florida, Nebraska, and Ohio are the three “Legal—Not Yet Operational” states, as sports betting has been legalized by these states but the market is not yet available. Alaska, Georgia, Kansas, Massachusetts, Missouri, and Oklahoma have either pre-filed or introduced bills in the state legislature to legalize single-game sports betting or have scheduled voter referendums on the matter. Even if sports betting has been legalized, restrictions may still apply and can vary by state, such as limited authorized operators, few permissible bet types, and a minimum age requirement. As a result of the 2022 midterm elections, two ballot measures were rejected in California that would have legalized two separate sports betting options. Proposition 26 would have legalized sports betting at tribal casinos, while Proposition 27 would have legalized online and mobile sports betting.
As for the arithmetic, the statistical data on how often you will win when you split a pair of 10s against a dealer showing a 6 is 64% of the time....
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Read More »Previously, sportsbooks in the U.S. were only able to operate legally in Nevada. Following a 2018 Supreme Court decision, many states have introduced new legislation to legalize both sportsbooks and, by extension, sports betting itself. Sportsbooks make money by setting their odds so that they will generate a profit in the long term. As is the case with any form of gambling, the house always has the advantage, and there is always a negative expected return for the gambler.
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Read More »How Many States Allow Online Sports Betting? Thirty-nine states, plus the District of Columbia, either currently have or recently introduced legislation legalizing sports betting in some form. Of this number, 22 allow online and mobile sports betting. In Which States Is Sports Betting Illegal? Currently, 10 states either do not have—or are not considering—legislation legalizing sports betting: Alabama, Alaska, California, Idaho, Kentucky, Maine, South Carolina, Texas, Utah, and Vermont. Is Sports Betting Legal on a Federal Level? In 2018, the Supreme Court overturned the federal ban on sports betting, allowing state governments to set their own policies on the matter. Although it is now possible for sportsbooks to operate legally in the U.S., no legislation has been passed on a federal level legalizing the activity.
2 to 1 Implied Probability The 2-1 betting odds probability is a 66.67 per cent probability of a particular outcome and 33.34 per cent probability...
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So if the other two or more players are all-in with bigger stacks or alternatively continue to bet "on the side", these additional chips go into a...
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