For a long time, Pennsylvania has been a hub for sports, and now it is also an excellent spot for sports gambling. Punters have several options in brick-and-mortar and online platforms to place their bets. You could be backing your favorite team or looking to make some money. From the time, sports betting was legalized in the state in 2018, betting companies have been applying for licenses. Parx casino asked for a $10 million license sports betting license in August 2018. The Pennsylvania Gaming Control Board (PGCB) allows for retail and online wagers on sports.
The Main Betting Events
Pennsylvania sports betting allows punters to wager on several national and international events. Some of them include the NFL, NBA, NHL AND MLB seasons, and motorsports. International sports include the Champions League, the Bundesliga, the premier league, Laliga, among others. The significant events that draw the attention of many punters include the super bowl, Triple Crown, Wimbledon, college football playoffs, and the finals for the NBA. Some of the other events are March Madness, Stanley Cup finals, World Series, Kentucky Derby, and The Masters.
Pennsylvania prohibits real money wagers on non-sporting events like the academy awards and the NFL draft. Although New Jersey does not bet on betting on college teams located in Jersey, Pennsylvania sports betting allows wagers on New Jersey teams. They include Seton Hall, Rutgers, and Fairleigh Dickinson. The borders are opened during March Madness to let bettors place bets on Fairleigh Dickinson and Seton Hall. Punters are also free to wager on Philadelphia colleges, even those that are in the state league. Some of the colleges are the University of Pittsburgh, University of Pennsylvania, Villanova, Penn State, and Temple, among others.
Betting Applications in Philadelphia
In May 2019, Parx casino launched its online betting app, and since then, more casinos have developed their apps. The launch of Pennsylvania sports betting in 2018, saw the development of many apps on both android and iPhone, and many will continue to emerge. The first year of betting in the state saw the operators generate revenue of nearly $75 million and wagers of more than $1.1 billion. The tax made a tax revenue of more than $26 million.
The main betting options for online apps include futures, live betting, over/under, moneylines, and team props. Others include early redemption bets, parlay, round-robin, teasers, player props, and teasers. Live betting is a feature that only online sportsbooks offer. Live betting is increasingly popular among bettors because of the numerous options it provides to punters. Sports lovers get to enjoy the game while also participating in betting.
Betting can be addictive; therefore, to enjoy the experience responsibly, an online self-exclusion for gambling is available for punters who wish to avoid gambling online. The self-exclusion process involves filling the paperwork and submitting an ID photo.
Bonuses and Free Bets for Punters
Online sportsbooks offer bonuses for punters to encourage them to play. Although bettors may receive unique gifts, the most tempting ones are those awarded to newcomers. These include welcome bonuses and daily logins. No deposit promotions are less risky, and it allows bettors to enjoy the gambling experience without using real money. These promotions often require the use of promo codes; free bets are arguably the most common bonus for online betting.
Punters who participate in Pennsylvania sports betting can enjoy this promotion, especially during their initial sign-ups. This promotion allows punters to use the company’s money to pace their first bet; the winning amount translates to cash. As Pennsylvania sports betting continues to grow, the betting companies, the state’s economy, and punters will benefit from it.
