Betting Action

SAN JOSE, Costa Rica,Dec. 7, 2020 /PRNewswire/-Leading price per head sportsbook software companyPayPerHead.com recently announced that the coronavirus pandemic hadno adverse effects on the amount of revenue their agents haveacquired since the start of the 2020 NFL Season. In doing so, thesoftware company echoed statements from other sportsbookorganizations.

In hindsight, sportsbooks should have expected muted effectsfrom the coronavirus pandemic. Before the NFL season began, theAmerican Gaming Association released a national survey of expectedsports betting activity for the 2020 National Football Leagueseason.

The Point Spread: Betting the spread For those new to sports betting, the point spread is the simplest, most straightforward approach to placing wagers. Sports books set a predetermined margin of. For bookmakers, action can also be used to refer to the number of bets or volume of wagers that have been taken by bettors. Action is an expansive term, with many different use cases in sports betting. That being said, no matter the context, action always refers to when money is being placed on the outcome of a sporting event. MLB Betting Lines: Action vs. Although it may not be as popular in the betting community as fan-favorites football and basketball, the sharpest bettors.

The survey showed that an estimated 33.2 million adults livingin the U.S., that's 13% of the population, planned to wager on NFLgames. 20% of those surveyed, around 6.6 million, said they werewagering in brick and mortar, physical sportsbooks.

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8.6 million adults, 26%, said they'd make what the industrycalls casual bets, wagers in pools, in fantasy contests, or bypurchasing squares. Another 50% said they'd bet with friends,family members, or coworkers.

In 2019, 18% said they'd wager in a physical sportsbook. Amongthe three categories, brick and mortar establishments are the onlyones that saw their expected football sports betting activity rise. Expectations for casual bets, fantasy contests, pools, andsquares, was down from 31% in 2019. Last year, 53% said they'dwager with friends, family, or coworkers.

The category where expectations rose the most was NFL bets ononline platforms. 34% said they'd make a bet through an onlinesports betting platform. That was up 5% from 2019. So far, thenumbers have proven correct.

If anything, the pandemic has caused NFL wagering handle onsites like those that Payperhead.com agents run to increase. Thecompany stated that the rise in betting across all sectors, sports,live dealers, digital casinos, and racebooks saw a bump thisyear.

Nate Johnson, PayPerHead'sProduct Manager, said about the NFL bolstered betting action. 'Oncethe National Football League said they'd start their season ontime, our agents saw an influx of future bets on things like leagueMVP and the Super Bowl.'

Now over ten weeks into the season, agents have witnessed nodrop-off in football betting action. 'People are at home all thetime. Although Netflix, Hulu, Disney+, etc., have a lot of content,there's only so much sports bettors can take. As long as the NFLplays games and as long as those games are on television, playerswill bet on pro football, which means our agents will profit.'

Betting Action On Super Bowl

About PayPerHead:

Founded in 1997, PayPerHead is the leading choice forserious bookies. The company's Agent Payment Solution (APS) is theonly in the PPH sportsbook industry that allows for onlinecollections and payments. Bookies can offer their players two livedealer casinos, a variety of digital casino games, a new premiumcasino, live in-game betting, a poker room, wagering options on 80+sports leagues, and horse racing. PayPerHead also has a best inindustry referral program so agents can add to their profitabilityand prides itself on providing industry-leading, top-class customerservice with over 20 plus years of experience.

Betting Action Reverse

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SOURCE PayPerHead