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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

Aaron Rodgers Signs $150m Contract as Green Bay Packers Retain Star Quarterback

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If you are a Green Bay Packers fan, then the news that Aaron Rodgers has pledged himself to the Lambeau Field franchise for another three years will be music to your ears. The veteran quarterback has completed back-to-back NFL MVP award-winning seasons, and many may have feared that another offseason filled with ‘will-he, won’t he’ rumors were on the cards, but that’s now been neatly avoided.

38-year-old Rodgers has put pen to paper on a deal that will net him a massive $150m and makes him the best-paid player in the league. His first year will amount to $41m, the second is worth $59, and his third will work out at $49m. That may seem like a hefty sum, but Rodgers reportedly actually turned down a higher amount, knowing that doing so would free up money to improve the deals of other players (and possible newcomers to the Packers ranks).

The retention of Rodgers will, of course, offer a massive boost to Matt LaFleur’s team’s push for a Super Bowl title, and if you take a look at any odds comparison site, you’ll see that Green Bay are now at around the (+1100) mark, meaning that only the Buffalo Bills, the Kansas City Chiefs and the Tampa Bay Buccaneers are ahead of them in the betting.

Rodgers has been in superb form over the past few seasons, showing that age hasn’t caught up with him, and there is certainly plenty more left in the tank. Next season will be his 18th with the Packers, and he has led his team to the playoffs in each of the past three campaigns. 

During that period, the Packers have a 39-6 record in regular-season action, which is a frightening level of consistency, and keeping such a hugely talented player at the team is something that has been widely applauded.

Green Bay general manager Brian Gutekunst remarked;

“We are very pleased to be able to come to an agreement with Aaron that keeps him in Green Bay,”

“His play on the field and leadership in our locker room remain vital in our pursuit of another Super Bowl title. The agreement also allows us to maintain and enhance what we feel is already a very competitive roster.”

The new deal for Rodgers has left back-up QB Jordan Love considering his options, and one imagines he may look to leave Green Bay in order to find game time elsewhere. 

On that point, comments from LaFleur suggest that they may not stand in his way, should he indeed look to find a new team;

“Jordan’s come a long way,” 

“I still think, with any young player that hasn’t gotten maybe the experience up to this point, there’s still a lot of room for growth. So I think it’s going to be an important offseason, that when he does come back, it’s making sure that his footwork is sharp, that he’s on the details of what we’re trying to accomplish on each and every play and all the concepts, really a mastery of the offense, and just the command that he has. I know he takes that to heart, and he takes it very personally, and he’ll do whatever he can to be his best.”

One thing is for sure. Trying to force your way from behind the shadow of such an accomplished player, such as Aaron Rodgers, isn’t something that can be easily achieved. Hence the likely need to move on rather than sit on the sidelines for another three years.

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