Win Big With Sportsbet’s Live Betting Options – The Astros superfan, whose real name is Jim McIngvale, collected $US75 million (S$117 million) in winning bets after Houston won the 2022 World Series on Saturday, defeating the Phillies in Game 6. According to multiple reports , the $75 million is believed to be the largest payout in sportsbook history after he placed $10 million in bets on various sportsbooks.
Mattress Mack, the 71-year-old who owns the Gallery Furniture chain, initially bet $3 million on the Astros to win the World Series with Caesars Sportsbook.
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“What can we say? We just wrote the largest check in sportsbook history to Mattress Mack for $30,000,000,” Caesars Digital COO Ken Fuchs said Saturday night, according to ESPN.
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A portion of Mattress Mack’s profits will go toward repaying customers for a promotion it ran at its furniture store, which offers customers double the money back they paid if they spend at least $3,000.
He is known for huge deals at his furniture stores that offer customers free purchases, and some, if the local teams win championships. Then cover those offers with big bets on those teams.
So while Mack would prefer the Astros to win the World Series, and he’s winning his bets, he’s doing just fine financially even if the Phillies are victorious.
“Oh, it’s definitely a win-win,” McIngvale told ESPN last week. “These deals just bring the brand to life and give us a brand tone that we wouldn’t have otherwise.”
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One of the bets Mattress Mack made was a $1 million bet at odds of 5/1 on Betfred, which its US operations manager Bryan Bennett told ESPN was “significantly bigger” than any bet it has made the company since opening in the United States.
Things looked bleak for Mattress Mack after the Phillies won Game 3 to take a 2-1 series lead. Mack was in Philadelphia for the games and got into a fight with Phillies fans after that loss.
“F- you!” Mattress Mack could be seen yelling at a group of Phillies fans who were allegedly harassing him before the viral video began filming. “F – you, idiot! F— you!”
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Mattress Mack, who threw out the ceremonial first pitch in Houston before Saturday’s game, posted a lengthy statement on Twitter after the Astros’ World Series win that read in part, “I love you all. I love this city. I will I’d do anything for this town and I’d do anything for you.” A customer places a sports bet at the Ocean Casino Resort in Atlantic City, N.J. (AP Photo/Wayne Parry)
With sports betting in its fifth year in much of the United States, things are getting a lot more intense, with more and more ways to bet and more opportunities to win and lose money quickly.
When the defending Super Bowl champion Los Angeles Rams open the NFL season against the Buffalo Bills on Thursday night, 31 U.S. states plus Washington, D.C. will offer legal sports betting. A record 46.6 million Americans say they plan to bet on the upcoming NFL season, up 3 percent from last year, according to the American Gaming Association.
That’s because of the rapid rise of so-called microbetting, the ability to bet on outcomes as focused as whether the next play will be a run or a pass, how many yards it will gain, or whether the drive will result in a punt, touchdown, turnover or something else.
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It’s the fastest-growing segment of legal sports betting, and while it encourages sports betting, it has compulsive gamblers worried that the opportunity to make quick bets, one after another over the course of a three-hour game, creates new problems for players or exacerbate the addiction of those who already have a problem.
Microbetting “is imperative to being competitive in this space,” said Matt Prevost, BetMGM’s chief revenue officer. Between 40% and 65% of all your company’s football bets take place after kick-off.
Johnny Avello, director of games and sports at DraftKings, said his company is focusing more on micro betting offerings this fall.
“We’re going to have more markets like betting on the next play, who’s going to carry the ball, how many yards he’s going to gain,” he said. “We found that they are as popular as who wins the game or the total scored.”
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Miami-based Betr goes further. It launched its microbetting app on September 1 and is tight-lipped about what it will soon bring to the gambling public: “Instant gratification.”
In baseball, its app allows users to bet on every pitch: how fast it will be, whether it’s a ball or a strike. or if it comes into play.
Joey Levy, the company’s founder and CEO, called its product “a vision for the future of sports betting in the United States: an instant gratification approach to betting delivered in a simple and intuitive user experience that anyone can enjoy , even if it has”. Don’t bet on sports before.”
Currently, the company’s app is only used for free-to-play. Betr plans to accept real money bets in several states once they obtain licenses and regulatory approvals.
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In baseball, for example, FanDuel, which is the official odds provider for the Associated Press, allows players to bet on whether the first pitch of a baseball game will be a ball or a strike, whether it will result in a hit or a strikeout. , or some other result. DraftKings bets on how many pitches a player will see in a given at-bat and has dabbled in pitch speed betting. However, it currently limits baseball microbetting to batter-to-batter predictions.
Keith White, executive director of the National Council on Problem Gambling, says people who place small bets are at increased risk of developing a gambling disorder.
“The ability to make more bets, faster is a risk factor for any type of game,” he said. “Now with microgambling, impulsivity and instant gratification are promoted as a selling point.”
Whyte said that constant micro-gambling not only discourages responsible gambling behavior such as taking breaks and never chasing losses, but is also likely to attract those who already have gambling problems.
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Numerous sportsbooks offer batter-to-batter baseball bets on whether a batter will reach base, strike out, walk, or many other possibilities.
BetMGM does not currently offer player-to-player or match-to-match betting, although Prevost said: “We are certainly looking at the technology.”
In figures released Wednesday, the American Gaming Association said 49 percent of NFL players will bet online this year, compared to 23 percent who plan to bet in person at a sportsbook.
The Bills and Tampa Bay Buccaneers (9% each) are the most popular picks to win the next Super Bowl, followed by the Rams and Kansas City Chiefs (8% each) and the Dallas Cowboys (7%).
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