In May 2018, the US Supreme Court ruled that each state must establish laws governing sports games. The 6-3 decision led many states to consider entering the world of sports betting. Now, almost a year later, sports betting has been legalized in seven states: Nevada, Delaware, New Jersey, Mississippi, West Virginia, Pennsylvania and Rhode Island. However, the question remains whether individual states are prepared to create a regulated market in which key players, such as sports fans, sports betting providers, and other partners, will get their fair share of the multibillion dollar industry from sports bets.
Last July, we talked about what it takes to be successful in the US sports betting market.There are a few more issues that need to be addressed before the sports betting landscape is available to the masses. The tougher question is whether US game providers are technically prepared for the expected influx of players, and can they provide the necessary services for sports fans that attract players offshore. Historically, the majority of sports betting in America has come from Nevada. New Jersey, whose former Governor Chris Christie was a strong supporter of the lifting of the federal ban on gambling, was an early proponent of encouraging businesses to gamble on sports. In August 2018, New Jersey became the first state after Nevada to open its doors to online sports betting.
Currently, the state may have nine active sports betting with online and mobile applications.
As a result, New Jersey is well positioned to develop an emerging American sport. Betting house market. According to a recent report by the New Jersey Department of Gambling Compliance (DGE), in 2018 there was more than $ 1.2 billion registered in New Jersey. While the figures vary from month to month, reports show up to 60% of all bets were placed online. Fantasy sports betting providers DraftKings and FanDuel lead the online betting industry in Garden State and across the country, bringing new betting opportunities to the American public. Did you do a good job?
Although FanDuel and DraftKings, in partnership with major operators like Paddy Power Betfair and BetStars, quickly benefited from legalized sports betting, both sports bets encountered technical problems. In September 2018, FanDuel Sportsbook, New Jersey’s busiest sportsbook, experienced a computer malfunction that forced it to adjust bets for an NFL game between Oakland and Denver. While Denver’s bet was supposed to be -600 ($ 600 to win $ 100), the sportsbook offered a winning bet of +7500 Broncos ($ 100 to win $ 75,000).
The problem only lasted 18 seconds, but more than a dozen weather conditions were affected. FanDuel initially denied any winnings to the lucky players, but due to the publicity they received, they insisted on the internal rules and bet well. Topics like this go beyond FanDuel and sports betting in general. For example, the rules generally allow casinos to void winnings based on electronic or mechanical errors. and it will not surprise anyone how often this happens.
However, pricing errors make players leave a negative impression
especially if they thought they would win $ 82,500 instead of $ 18. Although sports betting is protected from false odds caused by technical errors, significant backlash from the betting community forced FanDuel to change its stance and the operator paid for the wrong tickets in its entirety despite internal regulations. However, this was a “unique” solution that did not set a precedent for future incidents. DraftKings recently had a controversy in January 2019 when multiple players were banned from making final bets on the $ 2.5 million jackpot in a Saint-Eagles playoff game.
Around the same time, during a college football championship game. Between Alabama and Clemson, FanDuel had an issue with their gambling app that prevented users from placing bets. The crash was due to a system update and the issue was not resolved until 45 minutes after starting the game. Needless to say, they lost a significant portion of their potential profits. These are just a few examples, and I don’t want to highlight DraftKings and FanDuel, where operators and their associated sports betting companies must be vigilant to keep their tech lab tidy.
In a relatively short time, American sportsbooks still have a lot of work to do to solve their problems and give players the best possible experience. While the public is clearly ready for online and mobile gambling, the high legal odds are not entirely in their favor. Not only are sports betting providers facing technical challenges, but other areas of concern are holding back the growth of online sports betting.