..

Online Bets on NFL Games Seen Surging as Season Begins

Written by:
Associated Press
Published on:
Sep/14/2021

ATLANTIC CITY, N.J. (AP) — A company that most of the legal U.S. sports betting industry uses to verify that its customers are where they say they are reported on Monday a record number of transactions over the first weekend of the NFL season.

ppp-banner-gn-520x340.gif

That helps confirm an expected a big increase in the level of online betting as football season got underway in a nation with many more places to bet this year.

GeoComply Solutions, the Vancouver, Canada-based tech company, said it recorded 58.2 million geolocation transactions across 18 states and Washington, D.C., from Thursday night, when the NFL season began, through 7 p.m. EST Sunday.

That represents a 126% increase from the same period of the 2020 NFL season, when GeoComply processed 25.8 million transactions.

“We expected high volumes, but what we have seen has surprised us nonetheless,” said Lindsay Slader, a managing director with Geocomply. “The level of demand across new markets, such as Arizona, indicates that consumers have long waited for the option to legally place a sports bet.”

The data records the amount of times the company was called on to verify a customer’s location. It is considered a good indicator for at least a minimum level of sports betting activity, more than 80% of which is done online in the U.S.

States require a gambler to be physically located within their borders in order to make an online sports bet, which is where geolocation technology comes in. It uses a combination of cellphone data, software, hardware and databases to determine where a phone or laptop trying to make a bet is actually located.

While it is true that customers can log in and have their location verified without actually placing a bet, many gamblers also make more than one bet after a single login.

In just three years, legal sports betting has spread to more than half the country. New Jersey won a U.S. Supreme Court case in 2018 clearing the way for any state to adopt legal sports betting.

When Thursday night’s game between the Tampa Bay Buccaneers and the Dallas Cowboys kicked off, 26 states plus Washington, D.C., offered legal sports betting, according to the American Gaming Association, the gambling industry’s national trade group. But not all of them offer online sports betting.

That was up from 18 a year ago at the start of last year’s football season.

GeoComply says it saw the most activity in New Jersey, Pennsylvania, Michigan, Arizona and Illinois.

Arizona, which launched its sports betting on Thursday, has seen more than 6.1 million geolocation transactions from more than 271,000 newly created accounts since then, the company said Monday.

Gambling News

CFB Betting Week 5 – Arkansas Razorbacks at Georgia Bulldogs

CFB Betting Week 5 – Arkansas Razorbacks at Georgia Bulldogs

They won’t play Alabama unless it’s for the SEC championship so the Georgia Bulldogs have to do whatever they can to make a statement. They did that last week with an impressive victory over Vanderbilt. You could say there are no easy games in the conference, but the Dawgs put that idea to bed with their 62-0 shellacking.

Another Lawsuit Threatens Gambling Expansion

Miami’s most outspoken critics of gambling, developer Armando Codina and auto retailer Norman Braman, have filed suit to prevent the Seminoles from expanding gambling through mobile sports betting in the Sunshine State.  Braman operates one of the largest and most successful auto dealerships in South Florida.

Woodley "I Love Jake Paul" Hand Tattoo and Jake Paul Rematch Odds Posted

Woodley "I Love Jake Paul" Hand Tattoo and Jake Paul Rematch Odds Posted

The drying ink on Tyron Woodley's middle finger says he wants to run it back.

Eagles Win Against Cowboys: 70 Percent Action on Dallas But Line Coming Down?

Eagles Win Against Cowboys: 70 Percent Action on Dallas But Line Coming Down?

Gambling911.com is suddenly liking the Philadelphia Eagles to cover against the Dallas Cowboys Monday night.

Updated Division, Conference and Super Bowl Odds 2021-2022

Updated Division, Conference and Super Bowl Odds 2021-2022

For the first time since Patrick Mahomes became the starting quarterback in Kansas City, the Chiefs have a losing record. But that hasn't changed the team's season forecast, at least according to the odds.

Syndicate