..

Draftkings Week 2 Losses Staggering

Written by:
Ean Lamb
Published on:
Sep/21/2020

Draftkings was among the sportsbooks that took a hit in Week 2 of the NFL.

WHAT YOU GET FOR JUST $5 PER PLAYER PER WEEK:

  • Easy to use player management system
  • Set player limits and access
  • Create and Edit your players
  • Daily, Weekly and Monthly Player figures
  • Intuitive and reliable reports
  • Player Risk Management Tools
  • And much more - Learn More Here

WHAT YOU GET:

  • sports betting
  • Live Betting
  • Player Prop Bet Builder
  • horse racing
  • digital casino
  • live dealer casino
  • access to our telephone service - Learn More Here

Week 1 was bad, Week 2 was one of the worst we've encountered in quite some time.

For its part, Draftkings stood to pay out around $10 million to sports bettors should New Orleans have covered the -4 point spread against the Las Vegas Raiders.  Instead, Las Vegas managed an upset victory and thus saved the day for the behemoth book.

That book already lost with the Seahawks, 49ers and Packers.  In fact, the Seahawks spread, moneyline and Over each paid out huge sums to gamblers on Sunday night.

DraftKings also took six-figure losses on both the Bills moneyline and the Jaguars.

“We were saved by one team — the Vikings,” said DraftKings Head of Sportsbook Johnny Avello. “Had they shown up and won — we had a ton of moneyline parlays on them – our losses probably would have been double.”

- Ean Lamb, Gambling911.com

Gambling News

First Things You Need to Know About Starting Your Own Online Sportsbook

First Things You Need to Know About Starting Your Own Online Sportsbook

The sports betting industry is, for sure, one of the biggest and most profitable you will ever find in the modern world. Betting on sports, casino games, horse racing, and other gambling products, have become one of the most popular hobbies and fun daily activities for millions and millions of people from all over the world, and if you can get in on it and run your own operation, then you will most probably start getting a good piece of the pie. 

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Investors appear concerned over Penn National's “free” customer acquisition through the Barstool brand, and DraftKings spend to acquire its customers.

Sports Betting Set For Explosive Growth in 2021:  CEOs Share Outlook

Sports Betting Set For Explosive Growth in 2021: CEOs Share Outlook

Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).

Can Weed Help Build Atlantic City?

Can Weed Help Build Atlantic City?

Rebuilding the iconic Atlantic City Boardwalk to enable it to survive future severe storms; improving the look of the city’s main downtown business districts; helping people in underserved communities, and embracing the “blue economy” of the ocean are among recommendations from a state-appointed panel studying ways to improve the seaside gambling resort.

Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case

Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case

A Connecticut sports bettor and part-time poker pro has been sentenced to 14 months in prison for evading taxes on more than $1million of poker gambling winnings.  He must also pay back more than $800,000.

Syndicate