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The Golden State Warriors (19-17) and Phoenix Suns (23-11) wrap up their first-half schedule before the All-Star Break Thursday night. The two face off at Phoenix Suns Arena at 10:05 p.m. Below, we analyze the Warriors-Suns odds and lines, with NBA picks and predictions. Player Props Tool; Insights. Betting Against the Public; Common Mistakes by Novice Sports Bettors; Why You Should Avoid Parlays; Sports Betting 101; How to Win with Sports Insights; Sports Betting Articles; Free Odds. NFL Odds; NBA Odds; College Football Odds; MLB Odds; NCAA Basketball Odds; NHL Odds; WNBA Odds; Free Trends. NFL Betting Trends. More than 94% of Pennsylvania wagers were made online in January. That figure is a slight decrease from December’s 97.6% online share. In the lead up to Super Bowl LV, operators shelled out approximately $4 million more promo credits than December. Pat Evans is a Las Vegas-based reporter covering. Online Sports Betting with America's favorite online Sportsbook and Casino. BetUS offers fast payouts in all major sports leagues. Bet on your favorite sports today with the BetUS online sportsbook. Find photo booth props, backdrops and decorations at Party City. Our signs, masks and other props will help your guest capture the perfect themed photo.
PA sports betting figures continued to climb to record heights in January.
A record $615.3 million was wagered last month, according to the Pennsylvania sports betting state report released Wednesday. That tops the previous record of $548.6million in December.
The wagers generated $33.9 million in gross revenues, a dip from the $34.1 million in December.
PA sports betting regulators collected $11.5 million in taxes.
Pennsylvania sports betting stays online
More than 94% of Pennsylvania wagers were made online in January. That figure is a slight decrease from December’s 97.6% online share.
The online handle reached nearly $580 million.
Operators issued $15 million worth of promotional credit, dragging gross revenue to $29.9 million, resulting in approximately $10 million in state taxes. Pennsylvania sports betting revenue is taxed at the highest rate in the nation at 36%.
Online promo credits galore
In the lead up to Super Bowl LV, operators shelled out approximately $4 million more promo credits than December.
FanDuel’s $6.3 million made up a significant chunk of the month’s $15 million in promo credits. DraftKings doled out $2.8 million, while BetMGM increased its promos to $2.4 million, up from $719,366 in its first month.
Barstool increased its promotional credits to $1.4 million, up from approximately $800,000 in December.
BetMGM grows into the market
In its second month of operating in Pennsylvania, BetMGM grew its handle to $39.3 million, or 7% of the market. That’s up from $12.1 million and 2.3% in December.
Market leader FanDuel took $220 million in bets, good for 38% of the online market share, a dip from December’s 38.8%. Second-place DraftKings stayed relatively steady at 24.7% with $143.5 million in wagers.
Barstool’s handle dropped to $65 million — 11% online share — from $71.8 million.
BetRivers maintained its fourth-place online share at 8%. Its share has fallen from 10.6% in November as BetMGM comes nipping on its heels.
Pennsylvania sports betting keeps pace
Following a handle dip in November, the Keystone State is back with two-straight months of growth.
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Pennsylvania finished 2020 with the third-highest handle, behind New Jersey and Nevada:
- New Jersey — $6 billion
- Nevada — $4.2 billion
- Pennsylvania — $3.6 billion
Now, it’s the third state to cross into the $600 million monthly handle club.
Pennsylvania will work to keep its third-place status as states like Colorado, Illinois and Michigan mature, and more populous states consider legalizing sports betting.
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The state’s massive tax rate will likely keep the state near the top of tax revenue, however.