Live Casino Sports Betting
Once upon a time, when gambling was less complicated than today’s technology, a
gambler could only place a bet on an event and wait until it ended to see whether
their wager won or lost. But much like typewriters and Blockbuster Video online slot games singapore, those days
are long gone. Now, a bettor can make a bet in real-time while the game is being
played and even change their bets on the fly. This is known as Live Betting or In-Play
Betting and it’s a major growth area in the world of sports betting.
The latest addition to the live casino experience is a new sportsbook that opened
Thursday at Maryland Live! Casino & Hotel in Hanover. Located in the Sports &
Social bar, the sportsbook is part of the national Sport & Social brand owned by Live!
owner Cordish Cos. The company has similar locations at its entertainment-oriented
properties around the country, including The Battery adjacent to Truist Park in
Atlanta, Ballpark Village adjacent to Busch Stadium in St. Louis, and Texas Live! in
Unlike traditional sportsbooks that feature fixed-odds markets, the Sports & Social
sportsbook features a variety of live bets on dozens of events and games each day.
These include prop bets, player-specific bets, and special proposition bets. Often,
these bets have higher payouts but also come with greater risk. For example, a
bettor can bet on the Philadelphia Eagles to win Super Bowl LII at +300 odds but it’s
important to understand that the Eagles are expected to win by a large margin and
if they don’t, you’ll be out your money.
When it comes to college sports, the Sports & Social Sportsbook will offer a full menu
of futures and parlays with varying payouts. There are also a number of daily fantasy
sports games available, but that’s something that’s not unique to the live casino
While online sports betting isn’t yet legal in Maryland, it is expected to go live this
fall. FanDuel is patiently waiting to start taking bets via its online platform and
DraftKings is expected to pounce as soon as the process can begin.
When it does, the state is expected to open up 30 retail sportsbooks across the
state. Those will be located at land-based casinos and a few racetracks, but the
majority will be in digital formats. In October, the retail FanDuel Sportsbook at
Maryland Live! handled $15.4 million in bets, which made it one of the top retail
sportsbooks in the US. This is likely a sign of things to come when the state launches
online sports betting in 2022. Cordish Gaming Group President Rob Norton is
confident that the Sports & Social location at Live! will be a strong draw. He also
believes that mobile wagering is the way of the future and will account for a
significant portion of Maryland’s sportsbook market when it eventually goes live.
Mobile sports betting is already available in neighboring West Virginia, Pennsylvania