Online Gambling Statistics & Facts O nline gambling statistics - how many people are addicted to online gambling websites and internet casinos? Although it is relatively easy to find information and facts on 'traditional' forms of gambling, internet gambling is a relativly new phenomenon and accurate information on online gambling statistics is. The New Jersey Division of Gaming Enforcement (DGE) publishes the monthly online gambling & sports betting revenue for each operator in NJ. Some casinos operate more than one website or mobile app brand name. These are all listed on the same row in the table. This page is updated monthly.
- As indicated by the most recent statistics on online gambling amongst the USA gambling club guests, almost half (48%) played slot games, while 16% and 6% playing blackjack and poker, respectively. Roulette represented only 5% of the prevalent play. The development in mobile gambling and online slots has prompted some gigantic victors. Dynamic big stakes have been in charge of some groundbreaking successes, with gamblers bringing down rewards of $5-7 million in the previous couple of years.
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With New York facing a $15 billion budget shortfall from the coronavirus pandemic, online sports betting is viewed as one possible way to inject much-needed money into the state. New Jersey legalized online wagers in 2018, and earlier this month, Governor Andrew Cuomo included an online professional sports betting plan in his executive budget proposal that he claimed would raise $500 million in revenue for the state.
But many logistical hurdles remain. Cuomo’s proposal for legalization runs counter to what the Democratic supermajority in the state legislature is pitching. Some authorities are questioning the legality of the whole enterprise. And there are lingering concerns about gambling and addiction, particularly with the number of people sequestered at home and the opportunities that could be suddenly available to lose significant amounts of cash.
“I don’t see the governor’s proposal as workable in New York,” said Assemblyman Gary Pretlow, the chairman of the Committee on Racing and Wagering.
Right now, you can place horse racing bets on your smartphone through an app run by the not-for-profit corporation that oversees horse racing in New York’s three major tracks. Mobile betting for professional sports could theoretically function in a similar way. Currently, the servers for horse betting are located at the racetracks.
In both Cuomo and the legislature's proposals, the servers for mobile sports betting would be situated at places where bets are already taken, like casinos. The major overriding question is how many operators, or “skins,” as they are called in the industry, there will be, and who will get to profit.
Under Cuomo’s proposal, which still needs to be fleshed out further, the New York State Gaming Commission would be directed to solicit bids for a small number of mobile sports wagering operators. The system would be akin to how the state-run lottery functions, with possibly only one or a small number of operators overseeing sports betting. A single operator runs online sports betting in New Hampshire, Oregon, Rhode Island and the District of Columbia. Overall, sports betting is now legal in more than two dozen states.
Robert Mujica, Cuomo’s budget director, said earlier this month that the advantage of the state proposal would be the ability to maximize tax revenue. “The fundamental question is: if you want to support the bottom line for casinos or New York’s students. And the governor’s proposal chooses students,” Mujica told the Wall Street Journal. (An identical statement was sent to Gothamist from Freeman Klopott, a budget spokesman for Cuomo.)
It’s not clear yet what Cuomo’s tax rate would be for his online betting model, though Mujica has asserted that it would be enough to raise $500 million a year. The state legislative proposal, co-sponsored by Pretlow and the chairman of the State Senate’s Racing and Wagering Committee, Joseph Addabbo, puts the number closer to $100 million annually.
At first glance, that would seem to make Cuomo’s proposal the better one, given the potential for serious state budget cuts without new forms of revenue. But lawmakers and some gambling industry insiders aren’t so sure. In New Jersey, which is generally viewed as a success given the number of people who place bets, there are as many as 17 legal online sportsbooks.
New York’s legislature is looking to take a similar approach, believing their proposal has a better opportunity for growth—more operators can lead to more options for consumers and more interest in placing bets. Addabbo calls his legislation “inclusive,” because it would also allow for Native American casinos, casinos on state property, and off-track betting sites to participate.
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“Competition bodes better for our residents and will drive up revenues than being a narrow state-run lottery kind of system,” Addabbo argued. “New York finds itself in a very odd position not being a leader. We are outside looking in. New York right now is a three-wheeled car limping along in the right lane. New Jersey and Pennsylvania are speeding by us.”
Bennett Liebman is a government lawyer in residence at Albany Law School who previously advised Cuomo as the deputy secretary for Gaming and Racing. He said the difference between the two models is a question of what is being prioritized: more tax revenue, or a better model, long-term, for consumers and gambling interests?
“It all depends on what you want in your market. If you want what the governor is seeking, which the draft is very general, you are looking for maximum tax revenue, you will give it to one or two groups and you are going to tax them at a very high rate,” Liebman said. “If you are looking to create a robust market to help out casinos and consumers, then you go with, or you are more inclined to go with, the legislative plan.”
Liebman called the Cuomo administration’s $500 million revenue figure for online sports betting “very, very high,” and predicted a few operators would dominate the space in New York, like DraftKings and FanDuel have done in New Jersey. Casinos, racetracks, and online gambling in total generated a little more than $300 million in tax revenue for New Jersey in 2020.
Even if New York reached Cuomo’s projections—let alone the far smaller figure from the state legislature—online sports betting would represent only a minuscule fraction of a state budget that was $177 billion last year. One question hanging over the debate is whether the united front fighting for mobile sports betting in New York—the currently existing casinos, and operators like DraftKings and FanDuel—would crumble if only a small number of them were selected to make money from sports betting.
According to a constitutional amendment passed in 2013, sports wagering in New York is currently allowed only in physical portions of its four existing commercial casinos and other facilities operated by Indian tribes. Cuomo and supporters of online sports betting believe their proposal will meet the requirements of the state constitution by locating the servers for the betting websites at the physical casinos.
Neil Murray, an Albany attorney who has sued to oppose gambling in the state, said there was a “legitimate, serious question” about the constitutionality of online sports betting.
“The problem right now is the constitutional amendment that was passed several years ago does carve out exceptions for gambling at casinos. The operative word is ‘at’ and what does that mean?”
Murray argued the way the amendment was proposed—an economic stimulus for destination casinos that would prevent the proliferation of gambling statewide—contradicts the arguments made for mobile sports betting today. “If you allow online gambling and people can gamble from their living rooms, then of course that destroys the whole purpose on which gambling was authorized on a limited basis to begin with,” he said. “Everybody is counting on collective amnesia.”
Pretlow, the state assemblyman, contended that his bill met the requirements of the state constitution but Cuomo’s would not if it chose to operate like the state lottery. The lottery is regarded as a game of pure chance with no skill involved, allowing it to circumvent a longtime prohibition on gambling in the state.
“The lottery has to be 100 percent chance. The lottery is not gambling,” Pretlow said. “It’s flip a coin, heads or tails, nothing in the middle. I think if the lottery were to handle sports betting, it would lead to a constitutional question.”
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Based on the size of the global sports betting market, it’s no surprise that there are tons of sites offering databases and trend analysis for sports betting. Some sites provide their raw data for free. Others charge for their databases and provide exclusive commentary and proprietary analytic tools.
By combing through past sporting events and familiarizing yourself with different trends, you can gain invaluable insight into predicting the future and become highly successful sports bettor.
What Is the Best Free Sports Stats Database?
SBD Sharp
You’ll have to excuse us for including our own product on this list, but we wouldn’t have created this tool if we didn’t think it offered massive benefits to bettors. SBD Sharp looks at sports statistics a bit differently, tracking teams over time to determine their standing value as investments and to help you predict how they’ll perform in specific scenarios.
SBD Sharp will help you identify which teams offer the greatest return on investment as moneyline, point spread, or totals bets. You can look back at each team’s past records to see how much money you could have made betting on every individual game or the season as a whole.
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Sharp tells you not only which games each team has won or lost. It tells you when you would have profited betting on them, and how much you would have made. It’s a betting trend analysis tool, and it’s an ideal solution for those who want to track sports bets and teams as investments over time.
You can choose from a number of formats to display the data, and filter the results by the following criteria to show you the best teams to bet on: at home, when away, as favorite, as underdog, as home favorite, as home underdog, as road favorite, and as away favorite. Handicapping is all about finding statistics and information that tells you how a team is likely to perform in very specific situations.
Evaluating these trends over the course of a season is a great way to predict what’s likely to happen the next time your team faces similar conditions.
FiveThirtyEight
Some of the sharpest statisticians in the industry work at FiveThirtyEight. Nate Silver (who has appeared on Time Magazine’s’ Top 100 Most Influential People in the World issue) started FiveThirtyEight to write on, analyze, and predict NBA games with an advanced form of statistical analysis by the name of sabermetrics. Nate Silver’s brainchild has applied world-class statistical methodology to predict the future of everything from federal elections to the winner of the Super Bowl.
Not only does FiveThirtyEight make all of their data publically available (thanks for their firm belief in transparency), but they offer a predictive model for both the NBA and the NFL. They employ two different systems: “ELO” and “CARMELO” rankings.
Nate Silver describes them as follows:
“Elo ratings are a measure of team strength based on head-to-head results, margin of victory and quality of opponent, while our CARMELO projections estimate a player’s future performance based on the trajectory of other, similar NBA players.”
Nate Silver created the CARM-Elo model with a combination of both the ELO ratings and CARMELO projections. As a forecast model, the CARM-Elo system projects results based on a team’s roster, as well as historical game results. The CARM-Elo model is predicated on over 50,000 simulations of the remainder of the season, and it takes fatigue, home courts in higher altitudes, even distance traveled to games into account. Additionally, when it comes to predicting the playoffs, the CARM-Elo model also gives a small bonus to teams with significant playoff experience.
This is a great model and one that we recommend integrating into your sports bets. Correct more often than not, it’s also free, simple, and efficient. Plus, few have ever found a way make data more aesthetically appealing and exciting than the fine folks at FiveThirtyEight.
What Is the Best Subscription-Based Sports Stats Database?
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Killer Sports
Killer Sports is free (although you can purchase other people’s trends on the platform), and in our opinion, it’s one of the best available databases to sports bettors. In the past, the only people who had access to the same extensive data either worked at conglomerates like ESPN or paid thousands of dollars for programs that had to be updated every day.
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Now, Killer Sports offers its patented SDQL (Sports Data Query Language) to anyone who subscribes to their services. It is undoubtedly the most comprehensive database available to the public.
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What makes Killer Sports SDQL database so revolutionary? It allows users a unique opportunity to build and save their own trends, access team comparison tables, and access statistics that no other database currently offers their subscribers. The possibilities of what you can with Killer Sports data are limitless.
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With their weekly reports on new emerging trends in their SDQL database, it’s impossible not to see why Killer Sports is a favorite of “sharps” everywhere.
Which Sports Stats Service Should I Choose?
If you’re just starting out, we advocate sticking with the free services. Once you start developing your identity as a sports bettor and get accustomed to the nuances of sports betting a subscription service will help you gain a valuable edge over your sportsbook.