Sports Betting Rollout in the US in Next 5 Years
We’re looking at a process that will take several years, and each state will regulate it in their way. We hope the regulation and licensing process will be well thought, thorough, and carry some of the same processes. However, each state has unique considerations, such as existing laws, casinos, lotteries, racetracks, and other forms of brick and mortar gambling institutions. While we don't know it will happen, the Federal Government can still step in and institute a form of federal regulation to complicate the process. There was an attempt in 2018 by Representative Chuck Schumer.
We feel the new legal perspective on sports betting in the US is a positive step forward and protects US citizens from losing money to unethical overseas operations. We’ve seen it happen many times in the past where an online casino exists one day and is gone the next. There are countless situations where irresponsible online casinos lose/share customer data. There are payment processing hoops to jump through as offshore Sportsbooks try to circumvent laws to process US payments.
We feel these laws will enable businesses like Lineups.com to grow and create fun tools to make sports more fun. We've seen online lotteries succeed in Michigan, Virginia, and Pennsylvania thus far. There have been some legal battles over the types of games on the Michigan Lottery website. Casinos have taken exception to the Instant Games feature, which they believe directly competes with casino games. In the aftermath of the Covid pandemic, we expect additional states to look at offering an online lottery website. The Virginia Lottery launched its online lottery in January 2021 and is off to an outstanding start. The Lineups.com VA Lottery promo code is verified by VA Lottery staff and guaranteed to work every time. We promote the Michigan Lottery & PA Lottery on our site with a verified Michigan Lottery promo code and PA Lottery bonus code. Each code provides new users with a free sign up bonus. You can find full details of the Michigan Lottery welcome bonus on our review page. You must be 18 years or older, located within the state, and be a new user.
Gambling addiction is a real issue, and people need to regulate themselves and only gamble with what they are willing and able to lose. We understand the new laws will make gambling more easily accessible. However, in reality, a gambling addict before legalization is more than likely to find a way to place bets illegally through a bookie or on a risky overseas betting website. Other countries around the world have benefited economically from the legalization of sports betting. It’s time the money flowing overseas helps US businesses. We’re excited about the next paradigm in sports betting and are thrilled to be along for the ride.
Sports Are in Midst of a Paradigm Shift
For years, the thought of someone placing a wager on a sporting event was seen as unflattering. Aside from the state of Nevada, the act of sports betting was considered illegal. Only underground sportsbooks were available, and those who liked to bet had to do so through shady means. Eventually, sports betting made its way online through even shadier means via offshore sportsbooks. Now, thanks to the PASPA ruling in May of 2018, sports betting is coming out of the shadows in the United States. Nearly half of the country has adopted some form of legal sports betting, and the majority of the rest of the country is expected to follow in the coming years.
The Breakthrough Of Sports Betting
Sports betting is now legal in more than half of the the U.S. states and major sporting events see plenty of wagering. Odds are present everywhere and with plenty of sportsbooks around it is important to shop prices for events like World Cup odds or Super Bowl odds. Reaching now millions of sportsbook users, getting reliable information is extremely important and practicing safe gambling is encouraged. Lineups provides strategy and tips on both safe wagering and information on how to properly research.
Fast forward to 2018, and the same was about to be said about sports betting. In 1992, the Professional and Amateur Sports Protection Act (PASPA) essentially made sports betting illegal outside of a few states. For 26 years, it remained intact before a Supreme Court ruling in May of 2018 overturned the PASAP ruling. This gave each state the power to legalize sports betting on its own. A handful of states wasted no time in legalizing sports betting, including New Jersey and Pennsylvania. A couple of years after the PASPA ruling, nearly half of the United States have now legalized some form of sports betting. In another five years, as many as 40 states are expected to have some form of legalized sports betting. After years of being considered a shady practice, sports betting is now being embraced in a legal and regulated market across the country. Even the sports league's and major media companies are embracing the possibilities of sports betting.
Sports Betting Embrace By Leagues And Media
While sports betting was known to exist, major sports leagues basically acted like it didn't as they wanted nothing to do with this illegal act. Now, with sports betting being increasingly legalized and popular across the United States, these leagues are starting to dip their hand in the cookie jar. Watching sports on television and the internet is changing. More and more advanced sports analytics are being integrated into the multi-media experience. The sports viewing experience is shifting into a new paradigm of tracking starting lineups and seeing real-time betting metrics. Lineups.com uses advanced analytics to enhance the viewing, betting, and fantasy sports experience. We fill a void left by untrustworthy betting pick sellers by providing digestible statistics, analysis, and tools to help analyze winning opportunities. We provide real-time starting lineups, NFL depth charts, NFL Rosters, NFL snap counts, NFL Targets, NFL odds, and betting systems to help you win more while having fun.
All four of the major sports leagues (NFL, MLB, NBA, NHL) have made some form of sports betting partnership, whether it be the league's themselves or individual teams in those leagues. Once considered a dark art, now sports betting is being promoted by the very teams and leagues that people bet on.
Not only will you find sportsbooks promoted at these teams' stadiums, but you will also see sports betting promoted on major media networks. ESPN, which is owned by Disney, was one company that claimed they would shy away from the sports betting market, even saying so as recently as 2019. However, that didn't last long as ESPN has since partnered up with several sports betting companies to offer up odds and lines, even going as far as creating a sports betting program called Daily Wager, among others.
After years of hiding in the shadows, the now legal sports betting market is being thrown in the faces of the American public via television programs, advertisements, and virtually any other means possible. The sports world has changed as we know it.
Sports Betting And The Future Of Sports
The world of sports is still evolving to this new dynamic of legalized sports betting. As more and more states continue to legalize sports betting, more content will be geared towards viewers. Major networks such as ESPN already have sports betting-specific programming. Others promote and discuss betting odds during the games themselves.
Soon enough, viewers won't be able to turn on a major sporting event without seeing odds and other betting info on their screens. As live-betting continues to grow in popularity, more and more ways of pumping information out to prospective bettors as quickly as possible will begin to manifest.
As sports betting continues to grow, so do the leagues themselves. The more action on a game, the more viewership that game can expect to have. This means more money for the leagues, the teams, and the players themselves. For those who know how to bet on those sports, that also means more money for you.