As the sports betting industry continues to grow and take hold in the USA, visions of jumping into sports betting careers are undoubtedly increasing as well. It’s nice to dream about being a professional sports bettor, but it is nowhere as easy as it may sound.
As legal sports betting spreads across the US, sports fans in a growing number of states aren’t the only ones chomping at the bit for a piece of the action. A whole host of gaming companies are joining the party as well, and many more are on the way.
Update from the editors: LineLibrary was changed to Vigtory, then sold to FuboTV, and is now closed. This post will remain live for a historical archive. LineLibrary was a Chicago-based startup that had its sights set on completely changing the way sportsbooks do business. With a vision of “creating the NASDAQ of sports betting markets,”…
Today, we’ll be comparing sports betting to trading – where they are similar, where they are different and which skills are useful in both.
Prior to the Supreme Court ruling on sports betting, the legal options were few for those in the United States who wanted to have a wager on sporting events. Daily fantasy sports was one niche that filled the void for many.
The US sports betting boom will not be reserved solely for brick-and-mortar and online sportsbook operators. For example, states in which sports betting has received a green light are already seeing their coffers boosted via additional tax dollars.
Once you enter the world of daily fantasy sports, you will quickly start to hear about “lineup stacks”. Lineup stacking is a core concept of DFS that is necessary to learn if you want to become a winning Guaranteed Prize Pool (GPP) player.
As the sports betting industry continues to grow, so to do the dreams of new gamblers. While many are content to earn some extra spending cash or to simply enjoy the games which they have action on, there are also plenty of dreamers out there who fall into another group.
The days of winks and nods when it comes to sports betting are all but over. As legalization issues are hammered out across the United States, sports betting is becoming even more engrained in mainstream culture.
Sports betting and daily fantasy sports have a lot of crossover when it comes to how one can correlate with another, but the skills earned in one do not translate perfectly to success in the other. Each has its own quirks and requisite skills.
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