Another week of sport betting at West Virginia produced an additional $6.5 million in total handle. Their activity have improved significantly, since online sportsbooks have returned to the Mountain State.
This is the third week which WV sportsbooks have accepted that number of wagers. In general, the week of Oct. 5 marks the fifth consecutive week sportsbooks have obtained over $6 million in bets.
Although this week improved upon the previous week, the $6.6 million in wagers is just the 2nd largest in WV.
More notable than the handle is the total amount of revenue that was created. Sportsbooks gained over $1.2 million in revenue, and also the second-highest the nation has ever observed.
It is tough to determine exactly how much the WVU Mountaineers reduction and failure to pay this week influenced the revenue amounts. Needless to say, if WVU does not pay the spread, that means a lot of gamblers lost their money.
Despite competing for your whole game, the Mountaineers narrowly lost the week of Oct. 5 to the Texas Longhorns. Regrettably, several WVU backers are let by their 11-point loss .
Bettors have plenty of chances to make it up, though, since the school football season proceeds this weekend.
While Marshall will go south to play with Florida Atlantic, the Mountaineers travel to Oklahoma on Saturday. Both groups are recorded as underdogs, as move to and then each will attempt to get a win.
This weeks record includes activity from Sept. 29 — Oct. 5 by these WV sportsbooks:
Listed below are the key takeaways from the Oct. 5 figures:
It appears like the handle may have hit a plateau, Though sportsbooks in the state are doing better than they have in any other point. That amount hasnt improved too lately, although Theres not anything bad about accepting more than $ 6 million in bets for the country.
The return of sportsbooks throughout the soccer season has jolted the WV market but its possible that it may not go up further.
As for earnings, it is clear that the WVU games have a powerful impact on the weekly numbers. For the week of Sept. 21, the Mountaineers covered in their win against Kansas. Sportsbooks made about $550,000.
Currently this week, with a loss and also a Texas cover, sportsbooks earned over $1.2 million.
It seems evident that this will keep on moving forward, although the WV sportsbooks may not enjoy using their destiny being controlled by the Mountaineers games this much.
DraftKings and FanDuel appeared to have benefitted from the WVU loss, also. This week, they set new records.
DraftKings earned nearly $275,000 and FanDuel earned around $180,000. These are both brand new documents for their sports betting apps.
Here are the??latest figures??released by the WV Lottery Commission because WV sports gambling revenue??monitoring began in August 2018:
Sports bettors at WV were occupied this week. Total handle reached $6,610,950.70, a 2 percent rise from the week prior.
Revenue figures did even better. Sportsbooks brought in $1,272,940.48, and it will be 57% better than the preceding week.
Since the general numbers for manage look similar to weeks ago, so will the breakdown. Hollywood Casino led again in bets with over $ 4 million.
Even though it accepted over $4.3 million in manage, this is Hollywoods worst performance in one single month.
The Greenbrier did, while it didnt do that great. The Greenbrier landed in instant once more as the sole sportsbook to carry $ 1 million in wagers over.
The nearly $1.3 million this week will be The Greenbriers greatest recorded handle ever.
The active sportsbook without a platform to assist is Mountaineer Casino. In spite of no publication that was internet, Mountaineer almost topped $1 million. The retail sportsbook is doing a great job of getting people in the door to keep up with the options in WV.
Heres how the WV sportsbooks rank for weekly handle:
Sportsbooks had a tremendous week for producing earnings. This is truly the second time in the last five weeks which sportsbooks made around $1.2 million.
Hollywood led alone also with more than $ 1 million in earnings. It beat its revenue by about $400,000 from last week.
Part of that reason is its DraftKings app. The sportsbook accounted for almost $275,000 of all Hollywoods entire figure.
The Greenbrier establish a new top for earnings to go together with its document. This is actually the first time that the resort has hit $200,000 in earnings.
Nearly all its revenue stream has come from the sportsbook that is FanDuel. Over $180,000 arrived out of its mobile program.
Mountaineer completed in third with roughly just. This can be the worst revenue showing in seven weeks of actually really its sportsbook.
Wheeling Island and Mardi Gras Casino paid out some settled wagers, Though neither is opened for business. This week they lost a combined $ 2,200.
Here is how the WV sportsbooks position for weekly earnings:
Betting on WVU football comes in full swing this weekend with WVU and Marshall taking into the area. Both are seeking to notch their fourth win of 2019.
Here are the odds for college football week for the WVU Mountaineers along with Marshall Thundering Herd.?? (Last updated on Oct. 17, 2019, with current WVU football and Marshall odds):
Chris Imperiale covers the online casino businesses and sports betting. He was previously on staff at Bleacher Report and has a journalism degree from Rutgers University.
Bet with your head, not on it. If you have a issue, call 1-800-GAMBLER.

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