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п»їMobile-Only Georgia Sports Betting Proposal Passes House Committee.
A sports betting proposal that would license at least six sportsbooks in Georgia hopped its first hurdle Tuesday .
The House Economic Development and Tourism Committee passed HB 86 , though that wasn’t a huge surprise. The bill is sponsored by Rep. Ron Stephens , the committee chair, and has significant backers behind it.
Stephens said the legislation was requested by the Georgia Professional Sports Integrity Alliance , which includes the state’s four professional teams:
MLB’s Atlanta Braves Major League Soccer’s Atlanta United NBA’s Atlanta Hawks NFL’s Atlanta Falcons.
Stephens said the teams came together to “plead with us” to pass a GA sports betting bill to increase fan engagement.
“It’s for fan participation,” Stephens said. “As I said earlier, the stands are empty and of course these are major losses for these folks that are continuing to try to play.”
Details of Georgia sports betting bill.
Stephens’ proposal calls for at least six sports betting operators with no cap on potential licenses.
Georgia requires a constitutional amendment approved through a referendum for any gambling expansion, but that might not be needed with HB 86. Sports betting would be regulated by the Georgia Lottery and would be added as another lottery game.
Stephens originally filed the bill with a 16% tax rate but an amended version cuts that rate to 14% . Sportsbooks would pay $900,000 annually for their license.
The bill does include one unfortunate catch: there would be no betting on any college sports .
Time ticking for Georgia to take advantage of slower movers.
If Georgia legalizes sports betting this year, the state could see a good chunk of its business come from out-of-state bettors.
So far, Tennessee is the only southeastern state with legal mobile sports betting. Its first two months of results show that, too: Tennessee took more than $312 million in bets in November and December , by far the best start for any US state.
Of course, if Georgia doesn’t move quickly, it could lose that advantage. Both Alabama and South Carolina are considering gambling bills this year that could bring sports betting sooner rather than later.
Sports betting getting the might-as-well treatment.
Tuesday’s hearing presented a terrific example of how sports betting is now being looked at by legislatures around the country. If you’ve paid attention to marijuana legalization attempts, the proponents and opponents sound almost exactly the same.
“If you’re going to do it offshore, why don’t we collect revenue here in Georgia?” Stephens asked the committee in his opening remarks. More than $4.8 billion is illegally bet annually by 2.2 million Georgians, according to Stephens.
The loudest opponent in the room, Rep. Randy Nix , didn’t think that’s enough of a reason.
“If this was going to be the end, it might be OK, but this is just starting us toward casinos and a lot of other things,” Nix said. “I think Georgia is one of the best states to do business in right now. I just see no need for us to be able to do this and I believe that we would be much better off if we just leave this to somebody else.
“If you want to gamble and you like what they do in Michigan or whatever, just go up there.”


US Wire Act only applies to sports betting, federal appeals court rules.
In 2019 a federal judge ruled against the Justice Department's opinion that the law banned all online betting, and the First Circuit upheld that verdict Wednesday after a June 2020 hearing. It interpreted the 1961 law broadly to provide protection to private gambling companies as well.
he US First Circuit handed a major victory to online gambling businesses Wednesday, rejecting the US Justice Department’s 2018 reinterpretation of the Wire Act.
Online gambling surged in America a decade ago when the Department of Justice (DoJ) announced that the 1961 law criminalizing the use of wire transmissions for gambling was limited to sports betting. But the DoJ reversed course under the presidency of former casino magnate Donald Trump, saying that the 1961 law banned all online betting, not just sports betting . Although the department hasn’t prosecuted anyone under the new paradigm — and it said in April 2019 that its ruling might or might not apply to state lotteries — the 2018 announcement cast a huge cloud over the industry and largely brought it to a standstill.
“The lack of coherence in the government’s proposed reading” of the 1961 law “strains common sense,” U.S. Circuit Judge William Kayatta wrote for the Boston-based court, as reported by Courthouse News Service.
American Gaming Association President and CEO Bill Miller welcomed the new ruling . “Today’s ruling by the First Circuit provides important certainty for those who wish to innovate and invest in mobile gaming products," he said in a statement. "Across the country, state and local economies rely on valuable tax revenue from gaming operators, which remains critical as our nation recovers from the economic impact of the pandemic. The gaming industry is one of the most regulated in the country, and our members remain committed to operating within the confines of the legal, regulated market, as they do on a daily basis.”
Kayatta noted that the 1961 law wasn’t perfectly clear because it sometimes specified that its provisions applied only to sports betting and other times left that part out. Concluding that Congress didn’t always spell that out because it was using “shorthand,” the panel called it the most natural reading, that the whole law applies just to sports betting.
New Hampshire’s Lottery Commission and a private contractor that handles the state’s online “iLottery” brought the underlying suit, which drew support from 19 other states, the District of Columbia and several gambling trade associations.
A federal judge ruled against the Justice Department in 2019, and the First Circuit upheld that verdict Wednesday after a June 2020 hearing. The court could have issued a narrow decision holding that the 1961 law didn’t apply to state lotteries, but instead i t interpreted the law broadly to provide protection to private gambling companies as well.
Even a narrower ruling would have had a huge financial impact. Some 48 states and territories operate lotteries that generated more than $80 billion in revenue in 2017, the year before the Justice Department’s ruling. A growing portion of that revenue is attributable to internet wagering.
A big question in the First Circuit case was whether the court could issue a decision at all given that the Justice Department announced in 2019 that its ruling didn’t necessarily apply to state lotteries. The department said that it would eventually rule on that question and if it found that state lotteries were affected, they would have 90 days to comply. But Kayatta wrote that the threat was serious enough that the court had to step in now.
“A statewide operation integrating over a thousand retailers and multi-state relationships to produce almost $100 million in net revenue does not strike us as an operation that can be easily wound up in 90 days,” he wrote. “Nor can a state legislature plan sensibly if such a relied-upon revenue stream finds itself suddenly subject to a three-month closure notice.”


How to Bet on Sports for Beginners: 12 Tips to Know.
Suchat Pederson/The News Journal via USA TODAY NETWORK.
Over the past few years, the emergence of daily fantasy sports has led to a renaissance for conventional sports betting. The anti-gambling stigma that existed for decades is fading in American popular culture, opening the door for a massive, multibillion-dollar legal sports betting industry to emerge.
With sports betting now legal in many states, millions of sports fans will be looking to enter the betting market for the first time. But where do you begin if you’re unfamiliar with the terminology?
Here’s an introduction into how to bet on sports. We’ll be adding to this series in the coming weeks.
How to Bet on Sports for Beginners: 12 Tips.
Use the links below to jump to each section.
1. Favorites vs. Underdogs.
When the oddsmakers release a betting line on a game, the first thing they do is decide which team should be the favorite and which should be the underdog.
The favorite is the team that is expected to win the game and will get a minus sign next to its odds, while the underdog is expected to lose and gets a plus sign. If the game is a toss-up, books will open it as a “pick” or “pick’em.” Click to return to table of contents .
2. Spreads.
There are two main ways to bet on a favorite or an underdog. The first is the point spread, which is a bet on the margin of victory. A favorite “gives” points, while an underdog “gets” points.
For example, say the Patriots are 7-point favorites (-7) against the Jets.
If you bet on the Patriots, they need to win the game by 8 points or more for you to win your bet. If the Patriots win by 8 points or more, you “cover.” If the Patriots win by exactly 7 points, that is called a “push,” which means you get back the money you originally bet.
If the Patriots win by 6 points or fewer (or lose the game straight-up), you lose your bet.
Spreads are available for all sports, but they are predominantly used when betting on higher-scoring sports like football and basketball.
3. Moneylines.
The second way to bet on a favorite or an underdog is on the moneyline. This is based solely on which team will win the game.
Favorites are given a “minus” designation, such as -150, -200 or -500. If a favorite is -200, that means you have to risk $200 to win $100. If the favorite wins, you get $100, but if the favorite loses, you’re out $200.
Because favorites are expected to win, you assume more risk when betting on them.
Moneylines are available for all sports, but they are predominantly used when betting on lower-scoring sports like baseball, hockey and soccer.
4. Over/Unders (Totals)
In addition to setting a line for the favorite and the underdog, oddsmakers will also set a total number of points scored in a game by both teams combined. This is called the total or over/under.
Bettors can then wager on whether or not the game will go Over or Under the total.
For example, an NBA game between the Celtics and Bulls might have a total of 215. You could either bet the Over 215 or the Under 215. If you bet the Over 215 and the total points scored end up being 216 or higher, you win your bet. If the total points scored are 214 or fewer, you lose.
5. What Is the -110 Number Listed Next to My Bet?
The oddsmakers put a “tax” on every bet, which is typically called the “juice” or “vig” (short for “vigorish”). The juice is the commission you have to pay to the sportsbook for them to accept your wager.
Say the Duke Blue Devils are -5 (-110) … that means if you want to bet on Duke as a 5-point favorite, you need to risk $110 to win $100.
You always have to risk more on a favorite than you’d win on an underdog…otherwise, sportsbooks would be out of business.
6. How to Place a Bet.
With legalized sports betting spreading across America, sports bettors have never had more options to take advantage of. To see if sports betting is legal where you live, check out our state-by-state tracker.
Some of the biggest states that have legalized mobile wagering include Colorado, New Jersey, Pennsylvania, Indiana and West Virginia. The sportsbooks highlighted below are all trustworthy legal shops that take bets online.


Best 5 Online Sports Betting Sites 2021 – Top Rated Sportsbooks.
When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.
#1 Bovada.
Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.
Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.
Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.
#2 BetOnline.
Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.
You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.
Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.
#3 MyBookie.
MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.
Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.
With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.
Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.




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