Fortune: Why Sports Executives Are Betting Golf Is the Next Big Gambling Sport

Written by:
Dan Shapiro
Published on:
Sep/25/2018

Tiger Woods is Back!  He won the Dell Technologies Championship this past weekend and this is likely to translate into a greater interest in Golf both with fans and bettors.

Sportsbook Signup Bonus Offer

Maximum bonus up to $1000 with a low rollover requirement.  Based on how much you fund your account.

-------------

Betting on Golf will be the next big thing, say experts.

In fact, ratings for most professional sports games have been dropping.  A recent Supreme Court ruling that permits sports betting nationwide could not have come at a better time.

“You’re 19 times more likely to watch an event if you’re betting on it,” George Pyne, founder and CEO of investment firm Bruin Sports Capital, said at Fortune’s Brainstorm Reinvent conference in Chicago on Monday. “So the engagement of those people that are going to be gambling is going to increase avidity.”

While soccer is the most bet upon sport worldwide (and American football attracts the most gambling in the U.S.), Pyne is looking to get fans betting on sports that have not historically attracted as many wagers—such as golf.

WATCH BELOW

video News

Violence Plagued Prison Before Whitey Bulger's Beating Death (Video)

Violence Plagued Prison Before Whitey Bulger's Beating Death (Video)

Long before notorious Boston mobster James “Whitey” Bulger was killed at a federal prison in West Virginia, lawmakers, advocates and even prison guards had been sounding the alarm about dangerous conditions there.

Bet the Minnesota Vikings vs. Eagles Week 5 - 2018: Latest Spread, Odds to Win, Predictions, More

Bet the Minnesota Vikings vs. Eagles Week 5 - 2018: Latest Spread, Odds to Win, Predictions, More

Minnesota is a +3 road underdog going up against Philadelphia. They have a 1-2-1 Straight Up record and 2-2 Against The Spread record.

Legalized Sports Betting in Texas a Pipe Dream

Those looking to place sports bets online in Texas will be able to do so via a host of international websites and maybe even by driving to Oklahoma.  Otherwise, it's a give that the state won't be legalizing sports betting any time soon.

Draftkings Sports Betting 'Team Pick'em' Open to All in US

"Team Pick'em" is available in all 50 states and offers real cash prizes and is free to enter

Madden Curse 2018 - Bet on Antonio Brown Missing a Game

Madden Curse 2018 - Bet on Antonio Brown Missing a Game

Our friends at BetDSI.com have released odds on the dreaded "Madden Curse", which unfortunately took on new meaning just recently when a gunman opened fire and shot two people during a Madden NFL eSports event in Jacksonville, Florida.

Syndicate