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New Jersey Set to Overtake Nevada as Sports Betting Capital of the USA

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The US is contributing to a vast majority in the global sports betting market. And the country is still confused about which state is set to make the sports betting capital of the US. Some are preferring Gard State, New Jersey because it has legalized sports betting a few months ago. But the home of the Sopranos and Bruce Springsteen has already hinted towards Nevada as the sports betting capital of the US. There is a confusion among experts about which place is to be chosen for sports betting capital. According to the sports betting experts, New York’s neighbor, west of the Hudson River is pushed to take the crown from Nevada due to NFL this year. The NFL’s new season will kick off to open the floodgates of sports bettors which are spread from New York to Philadelphia.

New Jersey had last year handled sports gambling season from September to January and was worth $1.5 billion, even though sports betting became legal in the state in the last June. Nevada’s net worth from sports betting during the time period was $2.7 billion. But these numbers are not seemingly impressive because on-site sports betting has been legal in Nevada since 1949 and online since 2010. Although there is a huge difference between both states’ earning, but Nevada’s market value in terms of sports betting should be much more.

New Jersey took only 11 months to cross Nevada’s sportsbook wagers on a monthly basis, as the state has booked $318.9 million worth of sports bets in May while Nevada booked $318.3 million worth of sports bets. In July, New Jersey had done it again when its sports bets for the month were at $251 million while for Nevada’s figure was $235. Kostin is expecting that New Jersey will grow its lead more throughout the NFL’s 2019-20 season because New Jersey has more than double the online sports betting sites as compared to Nevada. The sports betting sites belonging to New Jersey are the highest traffic gainers in the world and they are currently operating throughout the world.

In the last year’s NFL season, New Jersey’s performance was not above the mark as the state was new in sports gambling. The state had only eight physical betting sites and seven online outlets for the last year NFL season. But this year New Jersey is going to offer 10 physical locations and 15 online sites for sports lovers across the world. New Jersey is about to launch five more online sites like Bet365 with enhanced features for the players.

Online sports betting is the part of the 80 percent of total wagers in New Jersey. 20 percent of them are placed by New Yorkers when they traveled through the state. Sports bettors are required physically to be in New Jersey to legally bet on games through some sports betting website, but a short trip through a train or car is acceptable. New Jersey sports betting market is handling more traffic and will surpass Nevada market because New Jersey has a larger local population as compared to Nevada and the state is a perfect marketplace than Nevada. New Jersey’s population is 9 million. That does not include 8.5 million nearby New York City people but the total population of Nevada covers 2.5 million people from New York City.

Sports betting has remained a popular indoor game in the US and Europe because most of the countries and states there have been running sports betting platforms since a long time. New Jersey is showing a tremendous development in terms of sports betting within a short duration and it is projected to surpass Nevada’s contribution to the sports betting. According to our personal opinions, and checking the facts and figures, we believe that New Jersey is set to become the sports Betting capital of the US.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Sports

Who are the early contenders to make the World Series in 2023?

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Opening Day is fast approaching. With pitchers and catchers reporting to major league camps across Arizona and Florida this week, baseball is officially back and for the first time since 2019, we have a full spring training ahead of us. The start of camp means a first chance to view stars such as Jacob deGrom, Justin Verlander and Trea Turner in their new uniforms, and this year we’ll get to see MLB’s 2023 rule changes in action. To no one’s surprise, the reigning World Series Champion Astros are the team to beat heading into 2023. The Houston outfit will be looking to secure back-to-back World Series titles for the first time since the Yankees achieved the feat in the laste-90s. But can anyone knock the seemingly unbeatable Astros off their perch and stop them from laying their hands on the Commissioner’s trophy once again? Here’s our look at what to expect from some of the top contenders in the 2023 MLB season. 

Astros the favourites to defend their title

The reigning-champion Houston Astros are the current favorites to take home the 2023 World Series title, but do they really have enough to repeat? The bookies would have you believing they do. Even in a loaded AL West, the Astros are priced as a two-dollar favorite to emerge as the division winner, so expectations are still sky-high at Minute Maid Park. Those wanting to bet on the 2023 MLB season should look across various US betting sites before they do. Having lost Justin Verlander this offseason, the Astros’ season will likely boil down to how well they can replace this era-defining pitcher. Their new-look top three of Framber Valdez, Cristian Javier, and Lance McCullers possess all the necessary tools and should be more than formidable enough to mitigate his departure. Houston’s lineup looks to be even more lethal this season, signing 2020 AL MVP José Abreu to a three-year deal to shore up their lone hole at first base. Houston ended last season ranking second in the AL in isolated power and strike-rate. Michael Brantley’s return from a right shoulder injury that cut his 2022 season short is a welcomed sight. The Astros look poised to win the AL West for a sixth time in seven seasons and with it make a fourth trip to the World Series in five years.

New York Yankees the most likely to challenge Astros dominance

The New York Yankees last won the World Series in 2009, going more than a decade without even winning the American League pennant. For the most successful franchise in MLB history, short trips to the postseason have become the norm as of late and that is a trend the Yankees will look to buck. Thankfully for New York fans they have retained the services of MVP hitter Aaron Judge into this year while adding Cy Young candidate Carlos Rodon to a six-year $162million deal. This will give them the best possible chance to replicate their immense offensive output from last year while adding some much-needed depth to the dugout. Finding stability outside of Judge is a must, as Anthony Rizzo, Josh Donaldson, and Giancarlo Stanton need to provide some protection in the middle of the lineup. There’s a chance the Yankees claim one of the three wild-card spots with the AL East being such a deep division, but still, the Yankees have more than enough pieces to make a run into October. The Yankees had a very strong start to the season in 2022, followed by a slump in the second half that culminated in an ALCS defeat to eventual World Series champions Astros. If these signings are anything to go by, they are ready to end the drought.

New York Mets are the best of the rest

Over on the other side of town, the Mets at Citi Field have been making a lot of noise this offseason. The last two seasons, the Mets had the National League East title well within reach late in the season, and both times they let it slip away to the Braves. For the second straight offseason, the Mets responded to that disappointment by spending a bunch of money on very good players. They enter the year with a slightly improved and much more expensive roster looking to finally take home that elusive NL East crown for the first time since 2015. So far this Winter, the Mets have signed Justin Verlander, José Quintana, David Robertson, Kodai Senga, Omar Narváez, and Carlos Correa. Brandon Nimmo, Edwin Diaz, and Adam Ottavino have also been re-signed, which puts the Mets’ total outlay this offseason at $806.1 million; the most money ever spent by a team in a single offseason. Their intentions are clear, they’re here to win this year, and they have taken all the necessary steps to ensure they do just that. Having said that, the NL East was probably the most active division in the offseason for signings and the question remains whether they would have done enough to pose a credible threat to the Yankees’ or Astros’ World Series ambitions. At the very least though they will be competing for a divisional title.

San Diego hoping to silence the doubters

Given how complete San Diego’s roster is coupled with the fact they advanced to last season’s NLCS, it’s a bit surprising to see the Padres priced at only +1000. Sure, oddsmakers are still expecting a successful season with the Padres boasting the sixth-best odds to win the 2023 Fall Classic, but a +750 price tag is more in line with this team’s ceiling. The San Diego Padres lost the NLCS in five games to the Philadelphia Phillies, but three of the four losses were decided by two runs or fewer. While San Diego struck out on landing Aaron Judge, it dramatically improved its lineup depth with Matt Carpenter and Nelson Cruz. Keep in mind, San Diego is already making up for the Fernando Tatís Jr. suspension with perennial All-Star hitter Xander Bogaerts sliding in at shortstop. Tatís Jr. should be at peak form long before the playoff race, giving San Diego a lineup with multiple NL MVP candidates and excellent depth, with a strong rotation and excellent bullpen backing them. If there’s ever a time the Padres dethrone the Dodgers and claim the NL West regular season title, now’s the time, and past that, why not dream of a visit to the Fall classic?

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