A point spread allows bettors to wager on the margin of victory in a game. A -3 favorite needs to win by four points or more to cover the spread. A +3 underdog needs to lose by less than three points, or win the game, to cover the spread. A minus sign indicates that team is the favorite; a plus sign indicates that team is the underdog.
- Toto is the most basic of any Sports Action game but has some of the biggest payouts. Predict the winner of 13 games correctly, and you're a winner yourself!
- As a sports bettor, you’ve likely heard the term “action” thrown around at your sportsbook. If you’ve ever been left wondering exactly what it means or have been unsure of why your bet was graded as “no action”, then read on as we unpack exactly what “action” is and how it affects your wagers.
- This four-part docu-series explores the legalization of sports gambling and its evolving impact on the gambling community as the industry navigates a landmark Supreme Court ruling that lifted the ban on sports betting.
Oregon joined the growing list of states with legal online sports betting in the US in August 2019.
The Scoreboard sports betting app launched in October 2019, allowing Oregonians to wager statewide via a mobile phone. It is the only sports wagering app available in the state, as the Oregon Lottery controls all betting on sports.
No betting on college sports is allowed in Oregon.
The first sportsbook launched at Chinook Winds, a tribal gaming facility, in September 2019.
Latest Oregon sports betting news
Oregon Governor Ready To Ditch Lottery Sports Betting Model
A new bill backed by Gov. Kate Brown would shift Oregon sports betting from a single state-sponsored app to a competitive marketplace. In true Portlandia fashion, though, the oddly worded six-page bill contains a few quirks. It includes a vague fee structure but no tax rate, and appears deferential to leagues and colleges on multiple issues. […] Read MoreThis week officials with the Tennessee-based Action 24/7 online sports betting company said they pay winners instantly in person and within 15 seconds digitally.
Action Sports Marshall Mn
As The Tennessee Starreported in November, “Four companies have been approved by the TEL (Tennessee Education Lottery) as sportsbooks in Tennessee. Action 24/7 is the only Tennessee owned and operated company among those four. The other three are international publicly-traded companies.”
The Star subsequently reported Action 24/7 competes against the three other sportsbooks companies, all giant multinational companies, in a David versus Goliath scenario.
Action 24/7 officials said in a press release that they continue “to lead the industry with innovative practices like same day pay and cash withdrawals.”
“When Tennesseans win big, they want their money fast. As a rookie bookie, I couldn’t agree more – Tennesseans should get their money quick and easy,” said Action 24/7 CEO Tina Hodges.
“At Action 24/7, our digital withdrawals only take 15 seconds, and cash withdrawals are in-person and instant. That’s why more and more Tennesseans are downloading Action 24/7 and using our app. They enjoy receiving same day pay, the flexibility of not being required to use a bank account, and speaking to real Tennesseans at our customer service call center. These innovative practices and local services are what sets Action 24/7 apart from other mega-corporations.”
Instant payments to winners may be the practice at Action 24/7 here in Tennessee, but not competitors in the sportsbook industry in other states do not appear to consistently have that policy.
A sports betting companies in at least one state, New Jersey, reportedly delays withdrawals from winners.
According to The Minnesota Star Tribune, government officials at New Jersey’s state level threatened to act against sports book operators who ask customers to cancel requests to cash out money.
Legal Sports Report this week published an article that said many people have complained to New Jersey’s Division of Gaming Enforcement (DGE) about sportsbook operators who encourage players to reverse withdrawals. DGE officials did not identify any specific sports book operators.
New Jersey DGE officials wrote a letter Wednesday, “published the same day as New Jersey posted an all-time high for sports betting metrics in December.”
According to the New Jersey DGE letter, “the existing rules of the Division prohibit the practice of soliciting or incentivizing withdrawal requests to be rescinded or cancelled by the patron.”
Action Network Sports Betting
According to Legal Sports Report, the New Jersey DGE findings “suggest that growth may not be entirely healthy if built on predatory practices.”
– – –
Chris Butler is an investigative journalist at The Tennessee Star. Follow Chris on Facebook. Email tips to [email protected]
Action Sports Betting App
Action 24/7 is an advertiser at The Tennessee Star and The Tennessee Star Report radio program.