Sports Betting Ticket
Over the past few years, the emergence of daily fantasy sports has led to a renaissance for conventional sports betting. The anti-gambling stigma that existed for decades is fading in American popular culture, opening the door for a massive, multibillion-dollar legal sports betting industry to emerge. Monitoring public betting data is a vital tool used by sharp bettors to find value within the sports betting marketplace. A point spread allows bettors to wager on the margin of victory in a game.
By its very definition, the impact of a pandemic is extremely pervasive.
Naturally, the most critical area it touches is individual health. But there’s a virtually endless domino effect such a scenario has on countless aspects of everyday life. As we’ve seen over the last 24 hours, that certainly includes favorite pastimes. And the money some like to stake on them.
And while it’s rightfully considered trivial to those dealing with life/death circumstances, there are potentially deep financial ramifications in the sports betting world as a result of the increasing amount of cancellations/suspensions of regular-season and tournament play.
Futures bettors left in limbo
With the immediate future of no less than the NBA regular season in question due to the coronavirus outbreak – as well as that of multiple major college basketball tournaments, including March Madness, the pause on the NHL season and the reported imminent postponement of the start of MLB campaign – the many bettors holding futures tickets for these events certainly can’t help but wonder what happens to their open wagers.
TheLines.com reached out to several major sportsbooks Thursday regarding their plan of action for these contingencies. Unsurprisingly, on a day when the cavalcade of cancellations that began with the NBA’s Wednesday night announcement of its suspension of play is still in full force, sportsbooks are still evaluating how they’ll handle the situation.
Representatives from both FanDuel Sportsbook and PointsBet confirmed they were in wait-and-see mode and wouldn’t yet speculate on what they consider truly unprecedented territory.
DraftKings Sportsbook was also contacted for comment, which was pending at the time of this writing.
No direct precedent for coronavirus-related disruption
The most recent and perhaps closest comparative situation – albeit on a considerably smaller scale –could be last year’s Alliance of American Football’s (AAF) truncated inaugural season.
The AAF famously and abruptly suspended operations after eight weeks last season when majority owner Tom Dundon pulled the plug. Both FanDuel and PointsBet paid out any AAF Championship futures bets that had been placed on the Orlando Apollos, since Steve Spurrier’s team had the league’s best record at the time. Tickets on all other teams were refunded.
Needless to say, AAF handle is dwarfed by that regularly seen on the games run by leagues and conferences that have paused/canceled events over the last 24 hours. Therefore, such a solution is fiscally impossible.
Sportsbooks do have general guidelines for handling what could be considered a case of “force majeure”, defined, in part, as “natural and unavoidable catastrophes that interrupt the expected course of events and restrict participants from fulfilling obligations.”
Sportsbooks could take a number of different routes
Typically, in the cases of cancellations of individual sporting events – or even a block of games such as those of the canceled NCAA tournaments – tickets, be they single-game or futures, are typically refunded since the event never transpires. The potential wiping out of a season also impacts futures bets, however, and doesn’t necessarily offer as clear of a solution.
Take the case of over/under bets on regular-season win totals for paused leagues.
Over wagers on teams that already are locked into falling short of the projected win total even if a league resumed a full schedule of play could potentially be graded as losers immediately. However, given that futures wagers are typically contingent on a full league schedule being played, sportsbooks may simply have to wait to see what transpires, as a matter of following their own terms and conditions.
And, even in the unlikely event the NBA and NHL actually complete their entire regular-season schedules in delayed fashion, operators could still opt to refund what would have been losing tickets in a nod to customer goodwill.
Naturally, the same contingency could be in play for over/under futures tickets that are technically still “alive”. While a truncated schedule would technically free sportsbooks from the obligation of paying out on an Under win total bet that hits in a shortened regular season, they may make the decision to deem such tickets winners.
It’s also important to keep in mind that bettors may not necessarily see a uniform, across-the-board response from the increasing number of regulated sportsbooks. Each operator will undoubtedly utilize individual discretion on certain decisions, depending on how circumstances with each league/event plays out.
As the rapidly unfolding chain of events stemming from the COVID-19 outbreak show, measures and solutions at the local, state and federal levels are being arrived upon in spontaneous and continuously evolving fashion.
Sportsbooks are no different when dealing with the impact on their industry, but bettors should progressively gain additional clarity on their open tickets as sports leagues eventually announce their plans of action.
Sports Betting Ticket Orices
Sports Lottery Retailers 2017-2018 Season
Sports Betting Odds
City | Place | Address |
---|---|---|
Bear | Delaware Cigarette & Tobacco Outlet | 611 Governor's Square |
Bear | Express Food Market | 703 Pulaski Highway |
Bear | Mack's Mini Mart | 128 Mario Dr |
Bear | Tobacco Time | 108 Fox Hunt Dr. |
Bear | Kirkwood Liquors | 2440 Red Lion Rd. |
Blades | Quick Stop | 50 S. Market Street |
Bridgeville | Jeff's Tap Room | 416 Market St |
Claymont | Naaman's Beverage Mart Inc. | 109 Naamans Rd |
Claymont | Tobacco Express, Inc. | 333 Naamans Rd, Unit 30 |
Claymont | Claymont News and Gifts | 2711 Philadelphia Pike |
Dagsboro | Bodie's Dairy Market | 912 Main St |
Delmar | Stateline Cig. Outlet-Delmar | 38650 Unit P |
Delmar | Delmar Liquors | 1 West State Street |
Delmar | Joe's Tobacco Superstore | 38627 Benro Drive |
Dewey Beach | Stop & Shop - Dewey Beach | 20880 Coastal Highway |
Dover | Mike's Food Mart | 1272 S. Governors Ave |
Dover | Grotto Pizza | 1159 N Dupont Hwy |
Dover | Fraizer's Restaurant | 9 E. Loockerman Street |
Dover | Dover Downs | 1131 North Dupont Highway |
Dover | Uncle Willie`s - Woodside | 5485 S. DuPont Highway |
Dover | Airport Discount Liquors | 1148 Bay Road |
Dover | One Stop- Dover | 780 Walker Rd |
Dover | Cheswold News & Tobacco | 62 Holly Oak Lane |
Fenwick Island | Harpoon Hanna`s | 39064 Harpoon Road |
Georgetown | Stockley Tavern | 26072 DuPont Blvd |
Georgetown | Bodie's Dairy Market | 105 South Bedford |
Georgetown | Country Corners #12 | 22168 DuPont Blvd. |
Harrington | Midtown Liquors | 2B Liberty Plaza |
Harrington | Harrington Raceway and Casino | State Fairgrounds |
Hockessin | Cigar-Ette City #3 | 719 Ace Memorial Dr |
Hockessin | Hockessin Books and Tobacco | 214 Lantana Drive |
Hockessin | Pike Creek Liberty | 5821 Limestone Rd |
Laurel | R & R Grill and Bar | 30739 Sussex Highway |
Laurel | First Stop | 104 West St |
Lewes | Grotto Grand Slam Sports Bar | 17467 Coastal Hwy |
Lewes | JD Shuckers | 20750 John J. Williams Hwy |
Lewes | Daily Market | 420 E. Savannah Road |
Marydel | Marydel Liquor & Tobacco | 381 Halltown Rd |
Middletown | Middletown News & Tobacco | 600 N. Broad St. |
Middletown | Grotto Pizza | 315 Autopark Drive |
Middletown | Main Street Liquors | 321 W. Main St. |
Middletown | 301 Plaza | 921 Middletown-Warwick Road |
Milford | Milford Plaza Cigarette Outlet | 676 N Dupont Blvd # A |
Milford | Country Corners #8 | 508 S. E. 2nd Street |
Milford | Grotto Pizza | 102 Silicato Way |
Milford | Mike's Food Market | 264 N. Rehoboth Blvd. |
Millsboro | Bay Back Tobacco | 26396 Bay Farm Rd |
Millsboro | Bodie's Dairy Market | 222 Railroad Ave |
Millville | Fox's Pizza Den | 200 Atlantic Ave |
Milton | Bodie's Dairy Market | 116 Magnolia St |
New Castle | Airport News & Tobacco | 275 N. duPont Highway |
New Castle | State Line Cigarette Outlet-NC | 2070-72 New Castle Ave |
New Castle | Sunset Deli & Market | 1224 Beaver Brook Plaza |
New Castle | Hank's House of Liquor | 69 Landers Lane |
New Castle | Kegler's Pub (Bowlerama) | 3031 New Castle Ave |
New Castle | Joey`s Liquors | 520 E. Basin Road |
New Castle | Tobacco Express - NC | 1609 N. DuPont Hwy |
New Castle | Christiana Dash In | 288 Christiana Rd |
Newark | Suburban Tobacco | 306 Suburban Dr |
Newark | Tobacco City | 4637 Ogletown Stanton Rd |
Newark | Brookside Package Company | 17 Chestnut Hill Plaza |
Newark | McGlynns - Polly Drummond | 8 Polly Drummond Shpg Ctr |
Newark | State Line Cig Outlet | 1142 Elkton Road |
Newark | Grotto Pizza | 45 E. Main St |
Newark | Joe's Tobacco Superstore | 3124 Pulaski Hwy |
Newark | Cigar-Ette City #2 | 390 College Square |
Newark | McGlynns - Peoples Plaza | 108 Peoples Plaza |
Newark | Books & News | 756 E. Chestnut Hill Road |
Newark | Deer Park Tavern | 108 West Main St |
Newark | Fairfield News | 419 New London Rd |
Rehoboth Beach | Nicola Pizza on the Avenue | 71 Rehoboth Avenue |
Seaford | Grotto Pizza | 22925 Sussex Highway |
Seaford | De-Lux Dairy Market | 10599 Concord Rd |
Seaford | Super Soda Center II | 323 W. Stein Hwy |
Selbyville | Bodie's Dairy Market | 78 Church St |
Selbyville | Smitty McGee's | 37234 Lighthouse Road |
Smyrna | Smyrna News & Tobacco | 456 W. Glenwood Ave. |
Smyrna | The Right Bottle | 699 Jimmy Drive |
Smyrna | Cigar Cigarette & More | 2499 S. DuPont Blvd |
Townsend | Smith's Liquors | 5988 Summit Bridge Road |
Wilmington | Pleasant Hill Lanes | 1001 W. Newport Pike |
Wilmington | Quick Mart | 101-103 S. Maryland Ave |
Wilmington | Grotto's - Penn Ave. | 1819 Pennsylvania Avenue |
Wilmington | Maryland Avenue Sunoco | 1950 Maryland Avenue |
Wilmington | Hi-Way Inn Liquors | 3806 Governor Printz Blvd |
Wilmington | Jack's Country Maid | 5605 Kirkwood Hwy |
Wilmington | Jack's Country Maid Deli | 2400 Kirkwood Highway |
Wilmington | James and Jesse's Barber | 933 Bennett Street |
Wilmington | First State Tobacco | 800 W 4th St # 502 |
Wilmington | Fairfax News Stand | 2121 Concord Pike |
Wilmington | Convenient Store | 201 W. 9th St. |
Wilmington | Delaware News Center | 10 Carpenter Station Rd |
Wilmington | Delaware Park | 777 Delaware Park Blvd |
Wilmington | Books & Tobacco, Inc. | 4555 Kirkwood Highway |
Wilmington | Boxwood Books and News | 628 S. Maryland Ave |
Wilmington | Tobacco Field | 5621 Concord Pike |
Wilmington | Brandywine Liquors | 2718 Naamans Rd |
Wilmington | Stanley's Tavern | 2038 Foulk Road |
Wilmington | Avenue Wines and Spirits | 2000 Delaware Avenue |
Wilmington | Steve's Tavern | 1204 Centerville Rd |
Wilmington | Shiva Grocery | 1218 Vandever Ave |
Wilmington | Ho Ho Mart | 2109 N. Market Street |
Wilmington | USA Gas - Elsmere | 615 Kirkwood Highway |
Wilmington | Dash In #1410 | 2001 Pennsylvania Avenue |