WVU Football Wagers Propel Handle To New Heights At West Virginia Sportsbooks
When it appeared that the betting handle could have reached a plateau, the West Virginia sports gambling market had its very best week ever. After accepting around $6.5 million in handle for the previous month, the WV sportsbooks earned more than $7.7 million in wagers for the week of Oct. 12.
The week’s grip surpassed the previous best by more than $1.1 million.
Because sports betting apps the market has removed. This is the tenth consecutive week that the handle has attained at least 6 million.
DraftKings and FanDuel online sportsbooks’ effects are incredible thus far. There is even room for the industry to increase in WV.
Handle came a gigantic payday for sportsbooks . They generated over $1.3 million in earnings, the second-highest ever recorded in the nation.
This is two weeks in a row which earnings reached seven chords.
The sports betting action probably will not slow. Whereas the NHL and NBA seasons are only getting started both Marshall and WVU football are in the center of the conference schedules.
This week’s report includes activity from Oct. 6-12 from these WV sportsbooks:
These will be the key takeaways from the Oct. 12 figures:
The week of Oct. 12 has been the most affluent in the history of sports gambling at WV. With over $7.7 million in wagers, this week withdrew beyond the prior high of around $6.6 million.
Though the handle didn’t increase too much in any of the last four weeks, the rise of this week is notable. It is apparent that online sportsbooks have aided the market expand to degrees that are new and that expansion might not be close to stopping.
So far as revenue is concerned, it looks like the failure to pay again of WVU solidified for sportsbooks. WVU backers took yet another reduction Considering that the Mountaineers couldn’t remain within 10 points of Iowa State.
WVU football bettors have been disappointed with the loss from Oklahoma. If the next week’s record augments a similarly powerful showing for earnings we’ll see.
The spike handle this week may be thanks to this calendar, while the yield of cellular sports is vital. Football remains king, but the MLB playoffs, in addition to the beginning of the NHL season , would be key contributors to the substantial betting this week handle.
With all the college and NBA basketball gearing up, also, it’s possible the WV market can attain new heights.
Here are the?? most recent figures ??published by the WV Lottery Commission because WV sports betting revenue ??tracking began in August 2018:
It was an incredible week for sports. Overall handle increased 17 percent and set a record with $7,755,369.87 for the week.
Revenue figures were solid as well. The total amount of 1,354,194.85 has been a 6% jump from the week before.
Hollywood Casino has been lead all WV sportsbooks in handle. This past week it bounced back to specify a new record with more than $ 5 million in wagers.
This is the very first time Hollywood’s deal has ever exceeded $5 million. Its handle is much more than $1 million higher than a week back.
The Greenbrier finished in second, although it didn’t have the week. In actuality, its own sportsbook’s handle decreased from the last week.
Regardless of not matching its handle in past week, this is currently the 2nd right time that the Greenbrier has reach $1.2 million in handle.
The week that is very impressive could belong to the Mountaineer Casino. It managed to reach $1 million worth of bets.
The retail book was doing good since soccer season started and has set a new best for handle. If a mobile program was found by Mountaineer, it would contend to be the most busy sportsbook in WV.
Here is how the WV sportsbooks rank for weekly handle:
The revenue figures look like a week. Hollywood Casino leads the way again with almost $1.1 million in revenue.
Hollywood had a fantastic week with its internet sportsbook, Though its revenue did not grow up to the complete manage. DraftKings earned over $325,000, about $50,000 more than it did a week ago.
Mountaineer Casino climbed to second, making roughly $170,000 weekly. It’s Mountaineer week at over a month, Even though this isn’t the spectacular performance.
The Greenbrier didn’t possess a quality. Later submitting $200,000 it handled only $. This really will be actually the Greenbrier earnings total in fourteen days.
Since the program published, FanDuel, its partner, brought in its earnings figure. The $80,000 in FanDuel is much more than $100,000 less than week.
Wheeling Island lost $260 Though Mardi Gras Casino did not cover any bets.
Here’s the way the WV sportsbooks rank for revenue:
The Mountaineers lost a tough match for the week of the 12th to Iowa State. WVU ended up dropping 38-14 and did not score. The margin was more than enough for the Cyclones to cover the spread and send WVU football fans home frustrated .
This week might be somewhat slower because the WVU Mountaineers possess their next bye. The following game is about Oct. 31 against the undefeated Baylor Bears.
Bettors in the state can put some money down on Marshall, though. The Herd are favorites entering their matchup.
Here are Marshall’s chances Based on the sportsbooks in FanDuel, DraftKings and WV:
The NFL season nears the stage that is midway with plenty to be decided nevertheless.
The following are the gaming chances according DraftKings and FanDuel of this week:
Chris Imperiale covers sports gambling and the internet casino businesses. He has a journalism degree from Rutgers University and was on staff in Bleacher Report.
Bet with your head, not on it. Telephone 1-800-GAMBLER if you’ve got a problem.