Sports betting online: An economy on the rise

Sports betting, Sportsbook

Sports betting sector is well-worth investing as several different researchers among which are some Research N Reports analysts who have predicted that the market is to expand more online and ‘grow at a CAGR of 8.2%’ during the next five years. CAGR is an abbreviation and stands for compound annual growth rate. According to Emily Chan from Harvard Business School, it is particularly useful to compare growth rates from various datasets of a common domain such as revenue growth of companies in the same industry. Several former big-name companies with more potential than many might have guessed are there, but also many new exciting prospects in this field that have the potential, creativity, and most importantly the ability to reach the stars. Some old sleeping giants such as Intertops which was the first online sports betting community, and on the other side, Mozzartbet, a relatively young company established back in 2002 in Serbia, are lurking out in the market. The first one concentrated probably more on the casino world, and this could be the reason of their stagnation. However, the reason why the second one has not developed as much as it could have is in the fact that they did not set their sights internationally and their website does not offer proper English language support or even options in the most used world language when it comes to sports betting. Nevertheless, both of those two giants are potential surprises in the world of the top bookmakers.

Market share

There are some indicators we would be able to analyze to see whether the rise of the sports betting would be a real thing and if it would be then what might cause such an increase in online sports betting.

online-betting.jpg

If we take a look at the graphic above, we will see that sports betting is not that much ahead of casinos which could be one of the reasons why specific gambling sites focus more on online casinos. Casinos together with table games have a clear advantage over the sportsbook!

Still, this lead in front of the sports betting could change to a drop back soon. Our world is becoming more and more digitalized nowadays. With millennials maturing, betting shops will most likely end their career. If not, they will become less popular than they still are which could potentially lead to the extinction of such spaces.

betting-spaces

Analyzing the offline spaces such as traditional casinos and betting shops, we can now see that a future modernization and the turn to online spaces could make sports betting running victorious ahead of casinos and table games. This short analysis shows us that the future might be bright and shiny for the sports betting field and that investing in online bookmaking business could be a great idea and, potentially, the jackpot of your life!

PS Graphs showing statistics were taken from onlinebetting.org.uk. We do not own any of those nor did we take part in such research. This article was originally published on Nov 19, 2018. For more info, see the link: https://lejich.wordpress.com/2018/11/19/sports-betting-online-an-economy-on-the-rise/

#sports #betting #online #economy #rise #investments

Do NOT miss on this offer!

Sports betting

Hello friends!

We have done extensive research for you and spotted an excellent offer for all golfers and punters over there. We do not know if you like it, but we will undoubtedly see this promotion as an opportunity to win extra money while placing bets on our favorites. It is an outstanding offer by Intertops, one of the global leaders in the world of sports betting. You can win extra $100 just by placing bets on golf during the week, and we so much are looking forward to it.

For more details, please see link https://sports.intertops.eu/en/Account/MyOffers.

How golf punters win? Exclusive insights

Sports betting

Dear all!

I believe you always asked yourself how people gamble on something like golf. I did at least. However, after meeting up with a successful punter, we are now ready to win just like he does. If you want to join us on this successful journey, follow the instructions below, and you will receive a fantastic newsletter via email including:

  • golf introduction
  • placing bets on golf
  • form analysis
  • best sportsbooks to enjoy

and a brilliant review of the upcoming PGA Tour in Mexico. All of that for FREE and this time only. So, hurry up and take your place as only ten fastest people who share this article on their LinkedIn, Facebook and/or Twitter with hashtag #gmfgolf and their email address will enjoy this incredible offer this time.

How to gamble on golf and win?

Sports betting

An excellent question, especially if you are not a passionate golf bettor. We all know how hard it is to win by placing your bets on your favorite competitions such as NFL, NBA, and the others, but placing bets on golf tournaments is even harder if you have no clear idea of what you should focus on when investing your money on such a risky thing like golf.  Why is it risky? It is as risky as any other gambling is, but is even more hazardous when you are not an expert. Well, even if you heard of Tiger Woods but are not sure who he actually is, we will help you to understand the golfing logic and key terms better. It is a sport in which small things determine winners and, therefore, you can never be sure who is to win a tournament. This time, we approach one super rich  PGA tourney planned for the late February, 20-24, in Mexico. Why? Well, we did not have any significant competitions when it comes to attractive prizes since last October. This is a good warm-up for big names to check their current form and earn some real money.

golf

Generally, there are several options to gamble on when it comes to the sport of elegance. First of the many is predicting the tournament winner which is a long-term bet in cases when you have to wait a couple of days to have the results for all the players taking part in the tourney. However, if you are more into a bit quicker action, we would happily recommend you head-to-head gambling which means that you would have to choose between 2, 3 or even 4 golfers in one single bet. They all compete for themselves, but in such set-ups, each of them would play the role of a team in a way. So, if you have Koepka, Mickelson and Brice Garnett, you would need to decide which one of them will have the best score on the upcoming tournament. The best score will have the players who score 18 holes with the least number of hits. So, if a match/ round requires 18 holes, we can expect the best player to hit the hole each time with 3 hits (theoretically). This would mean that the best player of the match would have 54 hits during 18 holes. Empirically, this is happening rarely or never but is just an illustration of what we would expect of the best players on the field. Comparing the three aforementioned golfers, we would need to decide for one of them to beat the other two, i.e., to have a lower number of hits reaching those 18 holes. If there are two same results for the players in the head-to-head clash, your stake will on most of the sports-betting websites be divided by two and applied to the odds for your chosen player. What we would also suggest would be escaping the biggest and the most unknown players of a tournament. Those are often unpredictable, and lately, no favorites won the championship. For the upcoming PGA Mexico, we would suggest going for the mid-range players. If you are not sure which are those, you can always consult Google or drop us an email to office@gmfanalytics.com – we will be happy to help you out with useful suggestions.

 

#sport #betting #golf #pga #mexico

Comparing Sportsbook offers

Football suggestions

This is probably not the best first blog article for our website, but we decided to take several randomly picked sites to compare which one favors its bettors the most. You will be surprised by the result. The brands we will consider for this small example are bwin, Intertops, Mozzartbet and bet-at-home. Some of those brands are known worldwide while the others are not your choice number one. Yet.

For the small experiment, we chose a game from Brazilian Carioca Serie A: Goytacaz RJ – Nova Iguacu RJ. Truth to be said, we do not have extensive knowledge about this match, nor do we have any expectations. However, we were interested if the bookmakers are applying odds that will bring them a higher or lower percentage for their profits. We will undertake this small analysis starting from the first bookmaker, bwin, and finish it with bet-at-home.

Bwin is a famous name that even got to the Real Madrid jerseys. So, you would expect them to be one of the best bookmakers in the world. But, is it like that? Is their offer the best value for your money in the sports betting market? Let’s find out!

bwin

From the bwin offer above we can see the odds on this particular match. For analysis, we have put the odds into the decimal form to respect our European fans and customers. However, if you prefer the odds to be in American or UK style, feel free to convert them for free at oddsconverter.co.uk.

The odds, as shown on the site at the moment we analyzed them, represent the home team as a slight favorite for this match giving them the edge of what the odds of 2.4 genuinely are. Nova Iguacu as a guest team still has some decent chances to win with probably the guest field being the only difference between the two evenly matched bunches.

No matter what the outcome in this match will be, we can see from the calculation below that bwin has set the profit for this offer at 9.64%.

bwin profit

Taking into the fact that probably not many bettors will gamble on this specific match, the profits are slightly higher than what we can see on the events that are more close to the bettors worldwide (matches of top teams from top European leagues).

The next one in the line would be Intertops. Why Intertops? Well, they were the first to start online betting. They might not be the best, but the experience they have in this business still makes them a reliable and trusted bookmaker.

Their offer differs from the one provided by bwin, but we would notice not significantly.

itsp

However, when we calculate the odds, we may conclude that Intertops are less favorable towards their customers with their profit (11.17%) being higher than the one set up by bwin.

itsp profit

If you asked why Intertops, then we certainly need a good explanation for Mozzartbet, well, it is quite a simple one. This Serbia-based company is one of the most innovative companies in the field of sports betting when it comes to successful marketing and customer acquisition. They even managed to get a promo video with Ronaldinho; isn’t that good enough?

mozzart

Their offer for this match is, indeed, very similar to the one given out by bwin. The only difference is in the offer for the home win with bwin having 2.40 and Mozzart letting you enjoy slightly higher odds of 2.50. In your favor, of course. In the calculation, it would be represented like this and you can clearly see that so far, Mozzartbet ruled out the other two offers with the best odds for their customers. Their projected profit is at 7.97%!

mozzart profit

In the end, we are left with bet-at-home to see if they can beat Mozzartbet. They are known as one of the sports betting companies with the most aggressive marketing campaign. It led them to some great success, but we will now see if it is only marketing or if they truly cared for their customers.

betathome

From the offer itself, it is evident that their odds look a bit different from the offer by the other three companies which at least shared the same odds on the option of a draw which was 3.10 in their case. Also, if we take a look at the calculation below, we will be able to see that bet-at-home is the worst option at least when it comes to this particular game with their profit set to 12.02%. That is a bit over the top.

betathome profit

If everything were down to this event, Mozzartbet would be the proud winner in customers’ eyes. However, please, note that this is a small analysis taken on only one sample event. This does not represent the overall value of the offers given by the respective sports betting sites.