Scalping is a popular trading strategy used on betting exchanges to profit from small price movements. This article explores the concept of scalping, its effectiveness, and how you can use it to enhance your sports trading success.
Matched betting is a risk-free strategy that allows bettors to profit from free bets and promotions offered by bookmakers. This step-by-step guide for 2023 introduces the basics of matched betting and how you can use it to earn tax-free profits.
Effective bankroll management and staking plans are critical components of successful sports betting. This guide provides essential insights into managing your betting funds and selecting the right staking plan to maximize your profits and minimize risks.
Football betting is a dynamic and challenging domain that requires a deep understanding of prediction systems and betting strategies. This article delves into the fundamentals of football prediction and the most effective betting systems to help you succeed.
In the highly competitive world of sports betting, finding reliable and effective tipster services can significantly enhance your chances of success. This article explores the best betting tipster services for 2024, offering insights into their features, benefits, and what sets them apart.
What is a Tipster Service?
A tipster service provides betting tips and predictions based on extensive research, statistical analysis, and industry expertise. These services cater to various sports, helping bettors make informed decisions and improve their winning rates.
Top Tipster Services for 2024
Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.
Bally Bet aiming for June Massachusetts launch
Saying “our commitment is strong here”, on Thursday (11 April) representatives from Bally Bet told the Massachusetts Gaming Commission that it is aiming for a late June launch in the Bay State. Bally’s had previously promised a “late Q2” launch, but hadn’t put a date on it. The company has had a temporary sports betting licence in the state since early 2023. When Bally Bet launches it will bring the total number of digital platforms available in Massachusetts to seven after Betr and WynnBet exited the state earlier this year.
“Having someone that we’ve started with the licensing process, a group come in and actually get going, is exciting to us,” interim MGC chair Jordan Maynard said during the meeting.
SCOTUS grants extension in Florida sports betting case
T..
One of the most exciting emerging global online gambling markets is Nigeria, boasting a youthful population that H2 Gambling Capital forecasts to lead it to gross gaming revenue (GGR) of €675.1m (£576.8m/$717.2m) by 2025. With a legal battle over regulation ongoing, though, how exactly is it achieving its success?
Firstly, it’s imperative to note the demographics of Nigeria, which is the most populous country in Africa with well over 200 million inhabitants. According to a report from The Economist, that population is predicted to grow to 400 million by 2050, surpassing the US as the third most-populous country on the planet.
Looking closer at Nigeria’s data reveals a hugely youthful population, with figures from the World Factbook outlining that approximately 41% of people in the country are aged between 14 and under, with the average age of a person in Nigeria just 19 years old.
Taking those demographics aspects into account it’s clear to see why there is excitement over how Niger..
StopSpillet, the specialist gambling helpline run by Denmark regulator Spillemyndigheden, has received almost 3,000 calls since its inception in 2019.
StopSpillet was introduced on 1 January 2019, providing advice and guidance to those in Denmark who are concerned over their gambling habits.
A new report revealed that since its launch, StopSpillet has received 2,933 inquiries, with figures suggesting that a large percentage of those callers have a problematic relationship with gambling. Players calling for themselves were responsible for just over 1,650 inquiries, accounting for 56% of the total.
Additionally, 1,150 inquiries, or 40% of the total inquiries, came from relatives of players. In around half of those calls, it was a parent getting in contact with StopSpillet. Meanwhile, 4% of calls came from professionals.
On the ongoing development of StopSpillet, the report read: “The Gambling Authority works continuously to spread awareness of StopSpillet, for example through campaig..
A New Jersey senator, John McKeon, has formally introduced his new bill to increase tax for online gambling and sports betting to 30%.
Currently, online gambling and sports betting are taxed at 15% and 13% of gross gaming revenue respectively.
Senate Bill 3064 was formally introduced on 8 April, after being filed last week. The bill was referred to the Senate State Government, Wagering, Tourism & Historic Preservation Committee.
If enacted the bill would amend Section 17 of P.L.2013, c.27 (C.5:12-95.19), which specifies the online gambling tax amount. Section 7 of P.L.2018, c.33 (C.5:12A-16), which addresses sports wagering tax, would also be changed.
Should lawmakers approve the proposal, it would take effect on next 1 January that occurs after the date of enactment, per the bill text.
New Jersey gambling tax hike: How does it compare?
A 30% rate would put a significant burden on New Jersey’s 18 mobile sportsbooks, raising taxes to among the highest in the US. New York’s 51% spo..
Plans to implement fixed-odds betting in Brazil will take place in four stages, ending in July 2024, representing the first step towards a regulatory framework.
Brazil’s ministry of finance published the new ordinance in Brazil’s Official Gazette of the Union. It outlines how the regulations approved in Bill 3,626 will be implemented in the coming months, with an aim to be completely implemented by the end of July 2024.
The four-stage schedule is organised by which regulatory aspects take priority
The order established the Regulatory Policy of the Prizes and Betting Secretariat (SPA), a ministry of finance body which will structure and publish the incoming regulation as per the guidelines.
The body will aim to provide clarity on the legal aspects of the regulation and prioritise the most pressing measures for enactment.
“This measure’s main objective is to systematically structure the regulatory agenda for fixed-odd betting in the country and represents a considerable advance in t..
The old adage “in like a lion, out like a lamb” is an apt comparison for the prospects of online casino in Maryland.
While interest and discussion weren’t limited to March, as far back as last autumn, operators, vendors, suppliers, consultants, lawmakers and many others in the US gambling landscape were shouting about the prospect of Maryland legalising online casino.
On Monday (8 April) those prospects went out without a peep when the general assembly adjourned with no action on gambling.
Failed Maryland gambling expansion second key loss in 2024
The loss, as the gambling industry will see it, is the second key one this session. Ten days earlier, the Georgia general assembly ended its term without legalising digital sports betting. That meant the two states projected to have the best chance at a gambling expansion failed to produce.
In Georgia, lawmakers remain bogged down in how to spend proceeds rather than whether or not to support the legislation. Negotiating went on nearly ..
Rhode Island saw a 42% drop in sports betting revenue for February, the month before igaming went live in the state.
Rhode Island reported $2.9m (£2.3m/€2.7m) in sports betting revenue for February, significantly down on the $5m accumulated in January. February’s revenue also fell 19.4% short of the same month last year, when the Ocean State accumulated $3.6m in revenue.
The state’s February handle also declined by 13.4%, down to $38.8m from $44.8m in January. Additionally, Rhode Island’s handle dropped year-on-year, with February’s total 10% behind the $43.1m accepted in bets in the same month last year.
Online continues to command the most interest with $30.4m in handle, 78.4% of the total. Online operators paid out $30m in winnings.
Of the $8.4m in bets received by retail, Twin River led the way with $6m, while Tiverton Casino took $2.4m in wagers. Despite the large disparity in handle, Tiverton Casino actually accumulated more revenue, generating $288,000 to Twin River’s $206,0..