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WV sports betting revenue for Dec. 14

The sports activities betting deal with has fallen two weeks in a row now at West Virginia sportsbooks. After posting their greatest week ever for Nov. 30, the general betting deal with has fallen two straight weeks.

Because the WVU soccer season is over, it is going to be robust for sportsbooks to keep up a excessive deal with. After the faculty soccer bowl season is full, hardcore WV sports activities betting followers will seemingly flip to betting on the NFL playoffs and faculty basketball, however will the informal bettors? It is going to fascinating to see if the WVU males’s basketball crew can entice the type of betting WVU soccer has.

Though it won’t get the eye the soccer crew does, the WVU males’s hoops crew is doing nice. The Mountaineers are off to a 10-1 begin and are at present on the high of the Massive 12 Convention standings.

This week’s sports activities betting income report contains exercise from Dec. Eight-14 from these WV sportsbooks:

WV sports activities betting income highlights

The next are the important thing takeaways from the Dec. 14 figures:

  • General betting deal with down once more
  • On-line sportsbooks dominate income
  • Retail’s deal with nonetheless on high

The most important takeaway from this week’s report is that the general deal with is beginning to scale back. It hit its peak just a few weeks in the past as the faculty soccer season and the month of November concluded.

Nonetheless, after two weeks with out a full faculty soccer slate, the Mountain State’s deal with has dropped consecutively. The deal with for West Virginia sportsbooks this week is nearly a full $2 million shy of their mark from Nov. 30.

Regardless of on-line’s deal with falling the previous few weeks, DraftKings and FanDuel had an unimaginable efficiency with regard to income. The $430,000 is nearly $200,000 greater than they’ve earned in every of the previous 4 weeks.

Moreover doing effectively generally, the net sportsbooks put the three energetic retail books to disgrace when it comes to income for the week. Retail truly fell into the pink and misplaced greater than $11,000.

That is now two straight weeks and three of the final 4 wherein on-line has made extra money than retail.

Regardless that retail has been sluggish with the income of late, their sportsbooks proceed to carry the lead in deal with over on-line.

Since accepting extra bets for the week of Nov. 16, on-line sportsbooks have fallen in need of retail for the final 4 weeks. That is one other regarding signal as on-line wagering has taken command in nearly each different state with authorized markets.

To ensure that the WV market to have long-term success, it should want extra consistency from its on-line sportsbooks. The launching of extra on-line choices together with William Hill Sportsbook will certainly assist, too.

WV Sports activities Betting Abstract

Listed below are the latest figures launched by the WV Lottery Fee since WV sports betting revenue monitoring started in August 2018:

  • Deal with: $257,565,340.91
  • Income: $24,259,770.53
  • Taxes: $2,425,977.05

It was a slower week of sports activities betting in WV. Deal with for the week totaled $7,540,382.28, which is a 5% lower from per week in the past.

Income figures additionally slipped a bit. Sportsbooks generated $419,988.25 in income, an 11% drop from the earlier week.

WV sports activities betting income for the week ending Dec. 14, 2019

WV Sportsbook On-line Deal with Retail Deal with Whole Deal with On-line Income Retail Income Whole Income
Hollywood Sportsbook + DraftKings $2,zero12,023.09 $2,962,880.70 $four,974,903.79 $210,856.86 $1,379.65 $212,236.51
The Greenbrier + FanDuel Sportsbook $1,449,132.48 $108,116.25 $1,557,248.73 $220,472.48 $9,374.50 $229,846.98
Mountaineer Sportsbook N/A $1,008,229.76 $1,008,229.76 N/A -$20,961.09 -$20,961.09
Wheeling Island Sportsbook N/A N/A N/A N/A N/A N/A
Mardi Gras Sportsbook N/A N/A N/A N/A -$1,134.15 -$1,134.15
Whole $Three,461,155.57 $four,079,226.71 $7,540,382.28 $431,329.34 -$11,341.09 $419,988.25

A Nearer Look At WV Sports activities Betting Deal with

Hollywood On line casino led all WV sportsbooks in deal with by accepting near $5 million in bets. It continues to tempo all the market with its retail e book together with its DraftKings app.

Whereas this can be a high quality week generally, it was slower than in week’s previous. That is Hollywood’s worst exhibiting in three weeks and simply the second time it’s failed to succeed in $5 million in deal with within the final six weeks.

Each of Hollywood’s sportsbooks noticed a discount in motion. Its retail e book accepted round $Three million, whereas DraftKings took in simply over $2 million.

The Greenbrier completed in second with considered one of its worst weeks in a very long time. The marginally larger than $1.5 million was its lowest deal with in two months.

Regardless that its FanDuel on-line app accounted for almost all of bets, its deal with was underneath $1.5 million for less than the second time in eight weeks.

The Greenbrier’s personal retail e book accepted round $110,000 in wagers. This was its slowest week for deal with in a month.

Regardless of coming in final among the many energetic sportsbooks, Mountaineer On line casino had an excellent week. Its sportsbook topped $1 million in deal with for simply the third time ever.

Though Mountaineer nonetheless doesn’t function a cell app, its deal with has exceeded seven figures in two of the final three weeks.

Right here’s how the WV sportsbooks rank for weekly deal with:

  1. Hollywood On line casino ($four,974,903.79)
  2. The Greenbrier ($1,557,248.73)
  3. Mountaineer On line casino ($1,008,229.76)
  4. Mardi Gras On line casino ($zero)
  5. Wheeling Island ($zero)

WV sports betting Handle Dec 14

A Nearer Look At WV Sports activities Betting Income

WV sports betting apps are the massive earners this week, handily incomes greater than retail. The Greenbrier gained the week for income due to a giant exhibiting from its FanDuel Sportsbook. Its on-line e book accounted for round 96% of whole income for the week.

This was The Greenbrier’s greatest week for incomes income in 5 weeks, even with its retail struggling. The retail e book totaled simply over $9,000.

Hollywood On line casino completed in second with very related outcomes. Its on-line platform with DraftKings made greater than $210,000, whereas its retail pulled in underneath $1,400.

This was DraftKings’ greatest week for income in 5 weeks and Hollywood’s worst efficiency for retail in three weeks.

Mountaineer On line casino completed in final amongst all sportsbooks with a giant loss for the week. Its e book paid out practically $21,000. That is now the second time in a month that Mountaineer has misplaced a minimum of $15,000.

Each Wheeling Island and Mardi Gras On line casino are nonetheless not accepting wagers, however they misplaced over $1,100 in settled bets this week.

Right here’s how the WV sportsbooks rank for weekly income:

  1. The Greenbrier ($229,846.98)
  2. Hollywood On line casino ($212,236.51)
  3. Wheeling Island ($zero)
  4. Mardi Gras On line casino (-$1,134.15)
  5. Mountaineer On line casino (-$20,961.09)

Revenue for WV sportsbooks for Dec 14

On the board for WV Sportsbooks

WV Basketball

With Marshall’s bowl loss within the rearview mirror, bettors within the state can strictly give attention to the hardwood going ahead. Regardless that the Thundering Herd received off to a sluggish begin, they’ve gained three of their final 4.

Marshall performs a 10-1 Duquesne crew subsequent on Sunday, Dec. 29. It then opens up convention play on Jan. 2 when it hosts Rice in Huntington.

Betting on WVU basketball this season has paid off, the crew has had stellar to start out the season. Coach Huggins has his squad with a 10-1 document and the No. 22 rating within the nation.

Whereas the crew is taking part in fairly effectively, the schedule will get way more tough going ahead. The Mountaineers play second-ranked Ohio State at house on the 29th earlier than touring to fifth-ranked Kansas on Jan. four.

WVU is predicted to be decent-sized underdogs in each matchups.

NFL Week 17

The NFL’s last week of the common season is right here, as the vast majority of playoff positions have been determined. Though it was a tough 12 months for a lot of the native groups, the Pittsburgh Steelers can nonetheless sneak in to the ultimate spot within the AFC.

They’ll want a win and slightly assist to make a stunning postseason look this 12 months.

Listed below are the entire native odds for Week 17 in accordance with each on-line betting apps obtainable in WV, DraftKings and FanDuel:

Unfold Whole Moneyline
DraftKings Sportsbook CLE -Three 45 CLE -165
CIN +135
FanDuel Sportsbook CLE -2.5 45 CLE -152
Cin +132
DraftKings PIT -2 38 PIT -141
BAL +117
FanDuel PIT -2.5 38.5 PIT -138
BAL +120
DraftKings WAS +10.5 44.5 WAS +420
DAL -560
FanDuel WAS -10.5 44.5 WAS +400
DAL -500
Odds up to date on Dec. 24.

The submit How The End Of WVU Football Season Is Impacting West Virginia Sports Betting appeared first on Play WV.