So The Book Report has been off for a few weeks, but we’re back with another look behind the counter to see what’s going on at the sportsbooks around the country. It’s NFL season, so that means lots of action and lots of big bets, but the last few days have been very interesting in the sports betting world.
If you have been listening to The Daily Juice Podcast every morning, you know that the public and pros both have been beating up the books after a really rough week right after Thanksgiving. This is the dance that the bettors play with the bookmakers. Give a little, take a little, take a lot, and give back a lot. Betting on sports in 2020 has been no different than in previous years.
Let’s take a look at what’s made headlines at the books over the last few days.
There has been a lot of talk about the future of digital gaming in America. The legalization of sports betting apps have been seen as an opportunity for an expansion of digital casino games, and BetMGM made a major announcement this week in Pennsylvania.
The sportsbook announced the launch of BetMGM Casino in Pennsylvania, a digital gaming platform available for download.
“We’re thrilled to bring BetMGM’s online casino offering to Pennsylvania,” said BetMGM CEO Adam Greenblatt. “With more than 140 different games, including our own in-house progressive jackpot network, we’re delivering the widest range of content currently available in the state. Alongside MGM Resorts and its M life Rewards program, BetMGM will provide players with a truly unique entertainment experience.”
This came on the heels of BetMGM announcing that they would be the first official gaming partner of the Pittsburgh Steelers. The partnership features fan-focused assets such as presenting sponsorship of the Steelers Kickoff pregame show, as well as team broadcast programming, digital marketing assets, and in-stadium promotions and signage.
“We are excited to introduce BetMGM to Steelers Nation,” said Ryan Huzjak, Vice President of Sales and Marketing, in a release. “Not only will BetMGM be elevating some of our existing platforms, but they will be introducing new and exciting opportunities to Steelers fans. We are looking forward to kicking off this partnership.”
If you bet the over on Tuesday night football, you probably weren’t very happy to see three missed field goals by the Ravens and the Cowboys. However, the Ravens scored a late touchdown to cash the over.
This touchdown was…significant to some pic.twitter.com/nYzFlgBtGn
— DraftKings Sportsbook (@DKSportsbook) December 9, 2020
With the news that Ohio State and Michigan won’t play “The Game” this year due to Covid-19 issues within the Wolverine program, DK has decided to refund all bets that have been made on the Buckeyes winning the Big Ten title.
If they can’t play, we’ll repay.
If deemed ineligible to play in the Big Ten Championship Game, all Ohio State Big Ten futures will be refunded in cash. pic.twitter.com/Z03itz2qrF
— DraftKings Sportsbook (@DKSportsbook) December 8, 2020
Anyone buying that this was their first bet ever? Come on.
$2 ➡ $24,767.07
It was the bettor’s FIRST bet 🤯 pic.twitter.com/qJrRliZXwE
— DraftKings Sportsbook (@DKSportsbook) December 7, 2020
FanDuel is out with its odds for the NFL MVP race, and it’s going to be an interesting race to the finish if Patrick Mahomes slips up. Who are you putting your money on?
Latest NFL MVP Odds:
• Patrick Mahomes (-500)
• Aaron Rodgers (+450)
• Josh Allen (+1700)
• Russell Wilson (+2000) https://t.co/izhc9Y02zd
— FanDuel Sportsbook (@FDSportsbook) December 8, 2020
A FanDuel customer turned $2,000 into a payout of $117,246 on a four-leg NFL Parlay this weekend. They hit on the Giants moneyline (+570), Rams moneyline (+132), Packers alternate spread (-6.5 at -141), and Patriots alternate spread (-2.5 at +120). Not bad at all.
Did you lose money on Tyreek Hill’s touchdown that was ruled to be not a touchdown in the Chiefs game on Sunday? Well, FanDuel took care of their customers.
🚨 BAD BEAT PAYOUT 🚨
We had an odds boost for Tyreek Hill First TD tonight that should’ve hit. Let’s pretend the Chiefs challenged the play.
FanDuel Sportsbook has your back, we’re paying out over $1M in site credit for all Tyreek Hill First TD & Any Time TD bets 💰 pic.twitter.com/eefK1DESrD
— FanDuel Sportsbook (@FDSportsbook) December 7, 2020
Circa Sports in Las Vegas is consistently one of the first sportsbooks in America to put up lines on upcoming games. When it comes to college football, they often see the most action of any book in this country when their lines hit the market. This week, there have been several games with significant line movement already.
College Football 🏈 Biggest Line Moves
PURDUE +14 ➡️ +9
UNLV +25 ➡️ +20
CHARLOTTE +23 ➡️ +19
ARIZONA ST -8 ➡️ -11½
N TEXAS -7 ➡️ -10
PENN ST -13 ➡️ -16
E MICHIGAN -3 ➡️ -6
ARMY -4 ➡️ -7
WAKE FOREST +4 ➡️ +1
TENNESSEE -11 ➡️ -14 https://t.co/1oSIqJhIc4
— Circa Sports (@CircaSports) December 8, 2020
At BetRivers in Pennsylvania, Bettors backed the Steelers (-6.5, -286 ML) with 91% of the ML handle and 77% of the spread handle to beat Washington (+245 ML). Pittsburgh was a league-best 8-3 ATS, while Washington was just 6-5 ATS. However, the Washington Football Team won the game outright, scoring a major win for the book.
At Sugarhouse, No. 18 Coastal Carolina (+10, +285 ML) moved to 10-0 thanks to a thrilling win over No. 13 BYU (-360 ML) in the most-wagered college football game of Week 14. The massive upset was responsible for the largest percentage of the live betting handle of the entire weekend. The Chanticleers were backed by 62% of the ML handle, and they paid off for backers in the end.
And finally, new users at PointsBet are getting a pretty cool offer from the book. You get to pick what was your worst beat and get your losing bet refunded.
EXCLUSIVE: Introducing the PointsBet Personal Good Karma Refund💰
For NEW clients who have placed 10+ cash bets in a month, YOU have the power to pick which bad beat hurt the most and have it refunded at the end of the month!
— PointsBet Sportsbook (@PointsBetUSA) December 8, 2020
Whether you’re new to sports betting or a betting pro, our Sports Betting Strategy and Advice page is for you. You can get started with our 101 section — including 10 Sports Betting Tips for Beginners — or head to more advanced strategy — like Key Numbers When Betting Against the Spread — to learn more.