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How much money does illegal sports betting make high odds predictions and tips

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How to make money from sports betting. One thing that you must understand when you start sports betting is this. Sports betting is a market where most people lose.

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However, there are some experts who consistently beat the market through the systematic application of strategies and algorithms. You CAN make decent money with sports betting but, as I answered in other question, you won’t become rich overnight. Bookmakers make money sports analysts make a living from gambling by compiling odds for bookies some of my own income derives from sports bettors using this website.

Programmers earn a living from gambling by developing various betting applications. For each matched bet, you will be left with up to 95 of the free bet amount as profit. This is because betting exchanges usually charge a commission of 5 on winnings. You may also make a very small loss on the qualifying bet due to the minor difference in odds on each website. Anyone can learn how to do matched betting and, in theory, there is no risk involved because you are covering yourself by betting for and against the same event.

However the risk comes when mistakes are made so, once again, you need to double-check everything and follow the steps exactly. Some people assume matched betting is illegal because it’s almost too good to be true. But it’s legit assuming you’re over 18! How can I keep track of my bets. The illegal betting industry is growing not just in terms of revenue, but also in its reach, and there are fears over its influence on match fixing. So how does the industry work?

It is a very secretive and complex network that works at various levels. The so-called 'bookies' who take the bets from the gamblers are just the tip of the iceberg. They get the odds from people above them and then take the bets based on those numbers. There is no channel of appeal for a gambler who has lost the money as the bookie is their only contact and they cannot go to the police for obvious reasons.

At the same time, there is always the risk of becoming too greedy, especially if one is placing a bet over the phone. A gambler may bite the bullet and place a bet well beyond their means in the hope of winning. How do you bet on sports successfully? There are a few simple methods which actually do make money long term. Which are also relatively easy to learn.

There are other individuals I know that are making much more and are able to make this a full time income. There are hundreds of matched betting offers to make money from. So we have taken a good look at making money from sports betting through matched betting.

Now lets take a look at another method which will enable you to make more long term profits. We do matched betting for a living. Here are all of the secrets we use so that you can learn how to do matched betting full-time too. Matched Betting for a Living How to Make a Full-Time Salary via the Bookies.

Last updated January 1st, Salary Expectations. How much are you planning to earn from matched betting? You need to be realistic in the figures that you think you can achieve, based on the hours you put in. We’d suggest that an average of 1, profit tax-free each month is achievable for full-time matched bettors, with 1,+ profit capable on good months.

In order to make the most amount of money from matched betting, you’ll need to have a pretty good schedule in place. A lot of people ask me what my typical day looks like, but I’ll say this.

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We tell you how much money is bet legally and illegally on sports in America at the state and national levels.

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If we focus on only sports fans, statistically making up 60 of the American population, that number jumps to How Much Money Is Bet On Sports In Other States?

As stated, Nevada isn’t the only game in town when it comes to sports betting anymore, as several other states have started offering sports betting products since the PASPA overturn. Sports betting is a popular hobby throughout the country but as each state moves forward with its legalization and launch, it becomes clearer just exactly how many Americans bet on sports.

Sports betting is seen to be a billion industry and this is assumed to be a conservative estimate. I Tried 'Matched Betting' to See How Much Easy Money I Could Make. I aimed to make profit within a month, using the tactic betting companies aren't one bit keen on. The question is why do bookies allow matched betting if it guarantees winnings for punters? I asked a number of bookmakers but they all stayed tight-lipped about it.

Jack says he thinks it just doesn't hit their profits enough for them to worry about it and besides, there's not a lot they could do, even if they wanted to. Some bookies, such as BetVictor, also give out free bets on virtual sports, which is essentially computer-generated horse racing with blocky PS2-quality graphics.

I feel like you'd have to have quite a serious gambling problem to contemplate chucking money at this.

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Making money from sports betting is HARD.

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But if you’re serious about becoming better at sports betting, this article will help. How to make money from sports betting. But it does help to have a knowledge of how sport works.

A passion and interest in it is also helpful, because you’re going to be watching it an awful lot if you want to gain an advantage over the bookie! Successful sports betting is hard work. It’s not about watching a game with your friends and opening up your betting app and placing a bet. This is so much more lucrative than sports betting, and it is for that reason that the bookmakers are scared.

You see, it’s completely legal, and there isn’t much they can do to stop it. Find out more in our Is matched betting legal?. I do track my bets in quite a methodical manner, so I was aware that as a recreational gambler I was making losses for the most part, occasionally breaking even if I’m lucky.

Diego How much are you winning net profits per month now? Thomas Well, initially I started with a modest bankroll and was profiting less than 1 grand a month. Thomas I first began placing bets in other sports when I was 24 or 25 years old.

I only got into soccer and soccer betting much later on in my Hands down the easiest sport to win and beat the bookies! I don’t bother with other sports nowadays I may still throw in a little wager here and there for fun, but nothing serious. Unless I could develop a system to profit consistently with those sports like how you did with soccer.

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Matched betting is a way of making money online by taking advantage of bookmakers’ free bets and promotions. Due to the fierce levels of competition in the betting industry, gaining and keeping new customers is a serious challenge faced by all bookmakers.

One way to entice customers is to offer them generous incentives. If these figures are accurate, this makes sports betting the most popular form of gambling in the US. Though admittedly, most of it is illegal.

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Silver is one of many involved in the sporting industry backing a change in law and ultimately legalising sports betting. How do I make money through sports betting?

Making money through sports betting is not guaranteed, but most people believe it can be achieved through keeping a log-sheet of all your bets and seeing what works and what doesn’t work. To learn more, please head on over to our betting guide. Why are odds levels important? Odds levels are important because they show you how much money you can get as a return for your investment.

Basically what you want to find is odds levels as close to as possible, knowing that you get as much money back for your initial stake. This article covers three ways of making money from sports betting that work in both theory and practice. More generally speaking a value bet can be described as placing a bet at a higher odds than its underlying probability. So one can use the soft side of an arbitrage bet to place a value bet, but that is not the only way of identifying them.

This is what we do ourselves and why we made the ultimate tool to help you identify value bets. How To Make Money From Arbitrage Betting On Sports. What is the Point Spread in Sports Betting and How You Can Bet on the Spread.

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If you really do double your money, how does the casino make money? Do they just hope people make bad bets? They do their best to come up with spreads to make the same number of people bet both ways, so don't they end up not making any money? In sports betting, there are two formats, both designed to give the house the edge. One you already mentioned, the spread.

Have you even noticed though that the spread changes over time. William Hill, the biggest sports betting company, generated a revenue of billion in But, how do they make money? Key terms to understand first. BookieBookmaker The person who takes the wages on sporting events e.g.

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This totals to about and in a perfect market’ if the bookie offers these odds they are bound to break even make as much money as they are losing i.e.

Zero profit or loss in the long run. However, this is a business and they have to skew the odds in their favor. Bookies usually lower the betting odds depending on their target profit margin.

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The difference between most amateur sports bettors and the real winners is simple. What you need to do is look at every factor, every variable. The more data you have In there, you can learn well-guarded sport betting secrets, how to make money with sports betting, the insider's sports betting strategies and how some can. Most people who want to place bets on sports are fans to begin with. It isn’t unheard of for a gambler to place some sports bets, especially during big games like the Super Bowl or the NCAA basketball Final Four, but for the most part, sports bettors are sports fans looking to use their knowledge of a game or of a game’s players to earn a little extra cash.

Being a fan of a particular sport, a team, a college or professional squadthese are all precursors to placing sports bet. The short answer here is that bookies making money has nothing at all to do with your betting. It is almost unheard of for a single customer to be allowed to place enough bets to sink a single book all on his own. How profitable are sports betting business in Nigeria?

Sports betting is an extremely profitable business in Nigeria. Roughly 60 million Nigerians between the ages of 18 and 40 are involved in active sports betting. On average, these punters spend around 3, Naira every day on bets.

The online sports betting industry in Nigeria has registered tremendous growth in the past few years with more and more operators entering the market. This means that it’s getting more and more challenging to stay ahead of the competition and differentiate yourself from the rest. How do you start an online sport betting business in Nigeria? To start an online betting business, you need the following Also Read How To Invest In The Nigerian Stock Exchange Market.

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Some illegal betting still goes on today of course, but most people have plenty of options for placing wagers with licensed bookmakers who operate legally. Today, sports betting is generally considered a socially acceptable activity.

It’s certainly not something that anyone should be ashamed of, or feel the need to hide. What makes sports betting different? It’s possible to win money without relying solely on luck. Your fate is in your own hands, and with the right approach, it’s possible to win money on a regular and consistent basis. If you want some more advice on how to approach sports betting as a beginner, you should read the following article.

It will help you decide whether to focus on the fun or strive to make a profit.

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Betting for Fun vs Betting for Profit. How To Get Started In Sports Activities Betting. Sports Betting Some Points To Think About For Making Cash. Just do not do it for the sake of performing it. It might finish up in a reduction during most csharpparser.com from being knowledgeable about the system and the whole activity exactly where you'll be betting, it would still be essential that you keep in thoughts to wager properly.

Some you could look here sites have a money administration system that can assist the bettors monitor their cash so that they gained't bet more than what they want to csharpparser.com are the things that you have to keep in mind about online betting. Even though it is a great deal of fun and exciting, you have t. Find out here how much money is bet on the FIFA World Cup and how you can win.

We could check out all the players and the teams to participate in the event but we are going to make things a bit more interesting for your reading pleasure and dedicate this piece on how much money is bet on the FIFA World Cup.

If you plan to bet on the World Cup but you don't know where to place your bet, check our guide! This is the biggest football event on the planet and even though the majority of people still attend the Champions League more, the former still remains a unique event and experience for this sport’s fans all around the world. But if sports betting isn’t online and mobile, it’s liable to lose as much as half its potential wager volume.

Take a look at how sports betting plays out in other countries in the graphic below[4]. In the UK, with of wager volume, 72 of sports betting is done online. In fact, even looking back on New Jersey’s December revenue, 70 came from online activity.

Having said all that, it is likely that the current path to legislation, more than lobbying, is skewing the numbers and making it appear as though mobile sports betting won’t find legal footing in the US. How long does it take this nascent market to materialize into a few billion of revenue?

But there are bets we can make that have a lot less timing risk.

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Football betting is a little more complicated than other sports. Learn how you can get the best odds, and how to place your bets inside this comprehensive guide! Do football betting systems work? Why do some football teams win almost every time?

How to start making money by using a football betting system. Is betting on football better than other sports? How to make your first football bet.

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Which player should you watch before placing your bet? When you decide to place a bet, there are many factors that come into play. They make more money from their basic salary and from endorsements of products. If they bet on the game they are playing in, they could be in trouble, because betting on the sport you are playing in is usually illegal.

What sport makes the most money in a season? You make the most money from football. What sport make the most money? Which sport make the most money in the united states? How much money does a professional sport scout make? How much money does sport relief make? How much money a athlete can make per year? It really depends on the sport.

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How do I know what my bet will pay out? There are three different ways sports odds are listeddisplayed, and you can learn how to read each of them here. The good news is, reading odds isn’t necessary to find what an event will pay out. Every sports-betting site will show you the potential winnings of a bet when you fill out your betslip.

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You can enter any wager amount, and it will automatically calculate what the return on that bet would be. If you don’t like that bet, simply remove it from your betslip.

Instead of worrying about which sports offer the most value, start by betting the sports you are most interested in. Sports betting is always best when you actually enjoy and know a lot about what event you’re betting on. How much money does Keeneland make in bet money? Keeneland and betting go hand and hand, and what's a better source of community than horse racing? Betology including wager types, how to bet and placing a bet.

Do you make these 8 sports betting mistakes? Documented Handicappers created this infographic to help sports bettors avoid costly mistakes. Do you make these 8 Sports Betting Mistakes? The difference between Arbing and Dutching Bookmakers. An Arbitrage surebet introductory guide, on how you can make risk free profit by bettingcovering all possible outcomes of an event.

Matched Betting Back Drawing F Book Making. Sports betting is illegal throughout most of the United States, common throughout much of Europe, and an everyday part of the gambling industry in Nevada. It's difficult to figure out how much money is bet on sports in the United States since the majority of it is done illegally, but experts estimate a "handle" of more than billion annually [ref].

Figuring out how to bet well enough to make some money is another matter entirely. What percentage of the time do you need to win to break even? In this article we'll explain the important elements of betting and odds making, trace the history of betting in the United States, and show why betting on sports almost always results in losing money in the long run.

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So bookmakers can hedge their bets by offering more favorable odds on the opposite outcome. In this way, they attract bets that cover at least some of the potential losses. And that’s exactly what Kaunitz and co have done. They built a Web crawler that gathered the odds offered by online betting companies on soccer games around the world. They calculated the average odds, found any outliers, and then worked out whether a bet would favor them or not.

Although we played according to the sports betting industry rules, a few months after we began to place bets with actual money bookmakers started to severely limit our accounts, say the team. The bookies often limited the stakes they could bet or suggested a manual inspection of the bet before accepting it.

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Do you ever wonder how much money professional gamblers earn? This post covers in detail real earning possibilities for gambling pros. Sportsbooks create lines in an effort to get equal betting action on both sides. The sportsbooks make their money by taking 10 vigorish juice from the losing group. Every form of advantage betting has its pros and cons, but the key is that each of these activities offers the chance to make a full-time living.

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How do professional gamblers make money in the first place? Or What makes the difference between the 2 punters? Make A Living Sports Betting Advantage Play. So, how much do professional sports bettors make? I am quoting an interesting video below. The summary of the simple formula explained in the video is The probability of 50 50 is a break-even point, which is transformed into decimal odds of However, given the bookmaker’s say 10 of built-in margin called over-round or vigorish or juice, the actual odds at bookmaker is in fractional format 1011, and for money line.

This actual odds is a of probability of outcome, therefore you need winning rate rather than 50 to achieve break-even.

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As more and more sportsbooks offer live streaming of sports events and mobile betting, you can see additional minimum bet amounts for watching a game live or for in-game betting. Check these in advance to get the most out of any low deposit bookmaker. Online casinos offer two types of minimum deposit minimum first deposit and then minimum deposit for regular play.

You will also find that minimum deposits will vary depending on the casino game - you can have different minimum deposit for playing slots and roulette in the same online casino.

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Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels.

Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests.

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After making both adjustments, this suggests that if people in the U.S. Are allowed to make bets at the same rate as in the U.K., the size of the industry would be about 67 billion a year. While enormous, that’s a far cry from billion.

Will legal sports gambling be big business? Yes, but not as big as its proponents want you to believe. Zagorsky is an economist and research scientist at The Ohio State University. This was first published on The Conversation Market for illegal sports betting in U.S. Is not really a billion business. Follow him on Twitter ProfJayZ. Also read This math shows why states shouldn’t bet on a surge in tax revenue from legal sports gambling.

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An important difference between sports betting and lottery tickets or casino betting is that sports bets are not based on well-defined rules like 5 numbers being independently drawn. Instead, bookmakers set odds, and they do so not based on what they think the outcome will actually be but rather in order to attract bets in the correct proportions that the pool will be able to pay out to the winners, plus a margin for the bookmaker to keep.

Most of his profits from the horses come from breeding, but also from his horses racing and sometimes winning. Being involved in the horse racing business makes him very in tune with the betting lines and he knows when the odds are occasionally out of whack.

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Gambling on sports has never been more high-stakes or more accessible. But with the invasion of Europe-based companies in the game, the pros are feeling squeezed and routinely getting banned from plying their trade. As attorney general, Robert Kennedy made shutting down the illegal sports betting network in the United States a top priority, believing the proceeds were funding organized crime. Despite his efforts, by the number of people working in the illegal bookmaking industry in America eclipsed a million.

How big, they wondered, could they make this? The bank they worked for did the same thing they were doing but in financial markets, and their bosses were all filthy rich. Could betting on sports make them rich, too.

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Most sports bettors know just enough to make them dangerous, as there is a great deal of difference between being knowledgeable in the NFL and being knowledgeable in NFL betting. Being able to name the starting offensive line for the Dallas Cowboys isn't likely to help a person win a bet. What many sports bettors don't realize is that they're actually competing against other bettors who spend countless hours on handicapping, studying trends, injuries, and betting angles.

I've seen a number of solid handicappers lose money over time by betting the same amount, if not more, on games that are televised than they do on games they honestly believe are good bets.

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How much money does Alliance of American Football players make? We break down the AAF salaries and contracts. We have built a digital platform that is the most robust in professional sports, which allows players to be bonus-ed off of fan interaction.

So if a fan picks a player on a fantasy platform or in a bet and you’ll be able to have in-game betting on our platform the players actually make money on top of their regular-season salary, which is as high or just short of the NFL practice-squad salary. They’ll be able to make money every time they get picked on a fantasy team, every time they get picked on a bet, every time a fan likes them on Facebook.

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I have, and currently do a fair bit of sports punting myself so I can relate to both worlds very clearly. Sometimes I read tweets and blogs and articles on major newspapers like The Age for instance and get annoyed because only one side of the story is presented. Most of this is manually performed at the moment, however the intelligence to make the decision is all automated. Trends betting If you and a few of your mates are betting on the same type of selections at the same time of the day, it will be noted.

One of the two bookies I’ve been involved with have an engine that compares bets exact bets between different customers and looks for trends. Money does not always come in on both sides.

In fact books are invariably lopsided and the bookmaker will be cheering for a specific outcome.

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Because sports betting has been illegal in most states, wagering money has flowed offshore fueling an illicit industry estimated to generate billion a year. Some kind of data distribution system has to feed those offshore betting sites.

They couldn’t exist without it. The huge scale of the expected markets in New York and Pennsylvania would make a victory for the leagues here an influential precedent, Mr. I don’t think those states will give us a definitive answer to this question either way, he said. But he added that a lobbying victory for the leagues would put them on the board. Vice president, said For sports betting, official data should be the data that’s used. People are putting money on the line.

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Learn how much money bloggers make and how much money you can make blogging. I've made over 1 million blogging and you can too! Some of the bloggers that make the most money actually have pretty small audiences they just know their audiences well and have maximized their earning per page view and email subscriber. Most professional bloggers are measuring both earnings per page view and earning per email subscriber monthly. Since I’m so busy I do it quarterly and it works for me.

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What betting odds merely do is present how likely the event is to happen. Bookies most frequently in the UK do this as a fraction, i.e. 47, whilst the vast majority also offer the ability to view them as decimals.

Betting odds allow you to calculate how much money you will win if you make a bet. Let’s use the same examples as before, with the same replacement of numbers for letters, i.e. Quite simply, for every value of B that you bet, you will win A, plus the return of your stake.

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Arbing is a slang term for arbitrage, and describes the process where a gambler takes advantage of different odds at different bookmakers to cover and profit from all possible outcomes. By definition, the gambler knows how much he is going to make when he places the bet regardless of what outcome eventually happens.

There are hundreds of sports, thousands of events and millions of different outcomes that it is possible to bet on. And on every single one, there is the possibility of bookies disagreeing on the odds and allowing you to make money arbing them.

It is easy to make money arbing, but much harder to keep your accounts and avoid getting gubbed.

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Professional athletes are making too much money in a society where salaries and wages are traditionally based on the value of one's work. In today's society, one should be paid according to the job’s economic importance and their value to society. While I do understand that making it into the pros is not an easy thing to do, and that it takes a tremendous number of hours of hard work and dedication every day to earn a job in professional sports, these people do nothing more than entertain the general public.

What puzzles me even more, is how after holding out for weeks, and sometimes months, the owners give in and pay them what they don't deserve. Think about Jamarcus Russel, the former No. 1 overall pick in the '07 draft.

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Why would such an app be illegal? Money from betting is the only legal, tax-free income in my country. Is it different at the place you reside? Nice offer did you make.I know persons,who are making sports betting, and sometimes they win too but to me seems that depends very much on the luck csharpparser.com,good luck to you! Click to expand offcourse there is some luck involved in sports betting, but in my opinion, if u know where u bet on, and knowing the market you can make a decent profit of it.

In my eyes it is all about spotting the value in bets, and than you have luck sometimes and sometimes you dont But in the end you will have a good.

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How does matched betting work? Matched betting is best explained as free bets offered by online bookmakers for risk-free profit. In short, matched betting is placing bets on both outcomes so you are guaranteed a win. Do I need to know about sports or betting? You don't need any knowledge of sports or betting to do matched betting. How Much Can You Make From Matched Betting? The income earned varies widely, depending on the individual's circumstances.

The main factor is how much time you can dedicate to it. To give you a general idea, Profit Accumulator has two threads on its forum - how to make 1, a month and how to make a month - but earnings can be much higher than that.

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Looking for ways to make money illegally? In this post, you'll learn 16 different questionable ways to earn some fast money. If you want more money, you could become a real bookie and take bets on other sports as well. While it sounds fun to combine money making with sports, if you lose you could be out a ton of money.

Another downside is dealing with the deadbeats. You will run into guys that owe you money and aren’t paying. This one is low on the how to make money illegally totem pole. All you have to do is head over to a college campus and befriend some freshmen and sophomores.

Have them give you money and buy them some alcohol.

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And do not expect the sports leagues to ever become directly involved in the action. Eilers Krejcik Gaming does not believe that any major U.S. Professional sports leagues have any interest in serving as operators of a betting product. Interestingly, Eilers Krejcik Gaming does not believe that regulation of legalized sports betting outside of Nevada would suppress the growth of casino sports betting within the state. Factors that should continue to support growth are the introduction of professional football and hockey teams into the market, an increase in marquee sporting events, macro growth of Las Vegas as a tourist destination and expansion of wagering beyond traditional sports events.