BYE, BYE, BYE: WVU FOOTBALL’S OFF WEEK REFLECTED IN WEST VIRGINIA SPORTS BETTING HANDLE

It Had Been an up and down week to Sport.

While the overall betting handle did not increase for the very first time in a little while, the Mountain State nevertheless had a solid showing for the week of Sept. 28.
Even though the entire handle was about $100,000 short of last weeks state greatest, the $6.5 million in wagers is still quite respectable. This is.
Revenue figures were powerful as well. WV sportsbooks got using over $300,000 coming in from mobile sports betting apps.
Its been an amazing debut in WV for FanDuel and DraftKings sportsbooks. Together, the WV marketplace has been revitalized by them and that they made more money than ever this week.
Along with gambling action, the sportsbooks are assisting solidify a revenue stream that is consistent. This is 11 weeks in a row which books have earned a profit.
The volume of wagers must continue through October as betting on college football and the NFL continues to dominate the news.
WVU Mountaineers are looking to get back into the win column this week with an additional home game in Morgantown. After losing to Texas the WVU football will need to pull out an upset this week from Iowa State so as to stay above .500.
Marshall football is back to the field, also. The Thundering Herd have dropped to. Theyll take this weekend.
This weeks report includes activity from Sept. 22-28 from those WV sportsbooks:
Below are the key takeaways from the Sept. 28 earnings report:
In the states small sample size, it is apparent that online sportsbooks are here to remain and forcing the market. WV cellular sports gambling apps have had a significant effect on both earnings and handle.
DraftKings and FanDuel pulled in over $300,000, roughly $35,000 over their past high, Last week. Sportsbooks accounted for around 38% of the countrys total revenue per week, up 4 percent from the week before.
This might not look like too significant of some, but online is still quite fresh in WV. Throughout the past couple of weeks, this percentage has grown and should continue to moving forward.
It gets from online sportsbooks, while the New Jersey betting market has a good deal more options than WV at this time. It may be a time until WV reaches that kind of divide, but expect mobile.
The deal didnt rise for the first time in more than a month though earnings has not stopped expanding. This isnt overwhelmingly concerning considering where the market was just two weeks ago and also the fact that there were $6.5 million in stakes placed.
What might be the driving element to this blip is that WVU did not have a game for the week of Sept. 28. Though its unclear exactly what percentage of bets land around the Mountaineers games, itd be safe to mention a great part.
Maybe knowing there were not any wagers usually means that this weeks handle is really quite impressive. Well have a much greater comprehension of this after we see the next weeks figures which include the stakes from the Texas match.
Here are the??latest figures??released by the WV Lottery Commission because WV sports began in August 2018:
This was a week for sport stakes in WV. Although betting handle reduced by 2%, the nation still accepted $6,511,986.39 at wagers.
Revenue figures did better. Sportsbooks generated $810,050.70, a 44% increase from the week prior.
They were quite productive even though WV retail and internet sportsbooks could not match their manage from the previous week. Hollywood Casino set another new best in relation to handle, more this week, adding around $60,000, in spite of WVU not playing.
Hollywoods deal has reached the $4.3 million mark for the fourth consecutive time.
The Greenbrier completed in second because the sole other to accept more than $1 million in bets. The Greenbriers manage was about $100,000 shy of its last two weeks, Even though this is regarded as a great week.
Mountaineer Casino came in third because it doesnt have ties to an online sportsbook. The greater than $880,000 it accepted is a quality showing, but nearly $65,000 less than a week past.
Heres how the WV sportsbooks rank for weekly manage:
Revenue figures remain strong. The last time sportsbooks didnt earn money was the week of July 13. Ever since then, revenue was greater every week.
As always, the way, this time with more than $600,000 was headed by Hollywood Casino. This is the most its sportsbook was made in 3 months, when it gained over $1.2 million.
From the online sportsbook of Hollywood, around $200,000 value came of the 600,000.
The Greenbrier completed pulling in over $100,000. This is the fourth week.
Surprisingly, the FanDuel online sportsbook of The Greenbrier was accountable for more than 99,000, or 92 percent of its total revenue.
Mountaineer did not do poorly, making close to $100,000. Its own sportsbook has continued to do without a mobile betting app.
Although neither is available to business, both Mardi Gras Casino and Wheeling Island paid around a 300 in stakes.
Here is how the WV sportsbooks rank for earnings:
Both WVU and Marshall are currently playing with this weekend in what ought to be an eventful slate of college football. While the Herd suffered defeat, the Mountaineers are coming off a loss to Texas.
WVU will remain at home and struggle this past week. Marshall contributes to Huntington to play Old Dominion.
Here are both teams odds for this particular Saturday based on DraftKings and FanDuel sportsbooks:
The NFL season is currently moving along as well, together with Thursdays game kicking off Week 6. Here are the local teams odds in accordance with FanDuel and DraftKings:
Chris Imperiale covers the internet casino businesses and sports gambling. He has a journalism degree from Rutgers University and was on staff at Bleacher Report.
Bet with your head, not over it. When youve got a gaming problem call 1-800-GAMBLER.

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