Online sports may have started slow, but its doing just fine. Both WV sports combined to generate greater betting handle than the 3 retail sportsbooks for your second week in a row.
DraftKings and FanDuel pulled in just under $4 million in gambling handle, while retail locations handled only $3.7 million.
As a complete, WV sportsbooks accepted around $7.7 million in wagers for the week ending Nov. 16. It is the lowest the nation has found in a month even though this is a figure for manage.
They did not exceed retail publications while mobile apps brought in much more wagers.
Sportsbooks made around $775,000 per week with approximately 36 percent from wagering. This is about $150,000 less than they earned a week ago.
Even though the WV college football gambling is currently coming to a conclusion, sportsbooks should see plenty of action this weekend. The two WVU and Marshall play with their past regular-season game of 2019.
Meanwhile, the Mountaineers travel to TCU in search of the fifth win of the year. Back in Huntington, Marshall hosts Florida International as it looks to get back into the win column.
College basketball is back in the mix. WVU is off to the beginning and Marshall nabbed its second success of the first season.
This weeks report includes activity
The following are the key takeaways in the Nov. 16 characters:
Before online gaming action captured up to retails entire betting handle, it was only a matter of time. Now that its, it seems unlikely that retail sportsbooks could possibly regain the top spot.
This week marks twice that the choices in WV have accepted more bets than retail. Just two weeks is, Although it is not by a wide margin.
Then folks will opt for the route, unless retail places in the casinos across the country provide incentives for bettors to combine them on gameday. The country is somewhat close to gaining more internet sportsbooks, And of course.
Although online manage did better than retail, total handle for the nations marketplace was down this past week. This is the first time manage has dipped below $8 million in three months and the smallest handle in WV .
Obviously $7.7 million in bets isnt a lousy week by any standards, but it will be intriguing to see whether the manage plateaus or jumps back more than $8 at the coming weeks.
Revenue figures may have been about $775,000, however, it could have been a week for sportsbooks. The two WVU and Marshall soccer won and covered the spread for the week of the 16th.
The Mountaineers won as underdogs. Marshall had a week. It easily covered and overcome Louisiana Tech by 21 points at home.
When both soccer programs triumph and cover the spread, the WV earnings figures are lower. Apparently the sportsbooks earned some of the money back through the NFL and other wagers.
Here are the??latest figures??released by the WV Lottery Commission because WV sports betting revenue??tracking began in August 2018:
Despite being a fairly busy week at sportsbooks, figures were down. Total handle hit only $7,705,628.83, that is an 8 percent drop from the preceding week.
Revenue amounts were slower also. Sportsbooks earned $776,857.90, a 16% decrease from the week prior.
The Hollywood Casino was among the few sportsbooks that had a superior week. This led the way with a total of over $5 million in bets.
Though the figure of this week didnt fit the greatest week of Hollywood, it had been fairly close. Its sportsbook has taken more than $5 million in wagers in 3 of their four weeks.
Hollywood has also seen its handle growth. Its handle this week is approximately $32,000 more than last.
Part of Hollywoods achievement has been thanks to its platform that is online using DraftKings Sportsbook. The online gaming program had its best week to date in regards to handle eclipsing $2.2 million for the first time.
The Greenbrier came in second with over $1.8 million in handle. That really is the worst performance in 3 weeks of actually really its sportsbook.
Comparable to Hollywood, The Greenbrier affiliate has been doing great. Its FanDuel Sportsbook accounted for 95 percent of its total handle for weekly.
The just over $100,000 in handle from The Greenbriers retail sportsbook is the worst showing in seven months.
Mountaineer came with approximately $820,000 in last among the books that were active. Its lack of an internet sportsbook is getting more clear each week as its sway was struggling of late.
This is currently the fifth straight week which its handle has decreased. The 820,000 will be Mountaineers lowest manage in 10 weeks.
Here is how the WV sportsbooks position for handle:
Revenue figures were in the black this week, but they werent overwhelmingly impressive. By generating over $525,000, hollywood Casino led.
This is two straight weeks in which its sportsbook has netted at least $500,000 after losing over $1.2 million the week of Nov. 2.
Unlike last week when the internet book of Hollywood was accountable for the majority of the earnings, it had been its retail location that did the heavy lifting this moment. Its DraftKings publication earned around $140,000.
The Greenbrier ended in 2nd place with a bit over $150,000. Exactly like the handle breakdown, its own cellular sportsbook made all the earnings for this week. In reality, The Greenbriers retail publication brought less than $14,000.
Mountaineer Casino came in third. This is its sportsbooks best showing in three weeks.
Figures may be diminishing soon with the time, while the football season certainly helped Mountaineer for handle and earnings . Until it falls too far from mountaineer should launch its online sportsbook soon.
Heres the way the WV sportsbooks position for earnings:
Because this weekend marks the last WV college soccer games for the season college football bettors need to get their wagers within this week. WVU will look to end the year on a high note.
Marshall soccer plays FIU at home with hopes it may improve its December-bowl bid.
Here are just two games chances Offered from the two sports gambling apps from FanDuel, DraftKings and the state:
Even though the NFL includes left to its period, there is not much time left to get teams around the outside looking in. That bye months are over, NFL bettors can appreciate 16 games each week until the close of the year.
Here are the Week 13 chances for the local teams based on DraftKings and FanDuel:
Chris Imperiale covers sports betting and the internet casino industries. He was formerly on staff at Bleacher Report and has a journalism degree from Rutgers University.
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