{"id":156658,"date":"2020-11-25T15:48:06","date_gmt":"2020-11-25T23:48:06","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=156658"},"modified":"2020-11-25T16:56:58","modified_gmt":"2020-11-26T00:56:58","slug":"sports-betting-becomes-even-bigger-part-of-new-thanksgiving-menu","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/sports-betting-becomes-even-bigger-part-of-new-thanksgiving-menu\/","title":{"rendered":"Sports Betting Becomes Even Bigger Part of New Thanksgiving Menu"},"content":{"rendered":"
\n

Thanksgiving is about family, food, and football. And, perhaps more than ever, sports betting.<\/p>\n

\"Thanksgiving
Running back Mark Ingram devours a celebratory turkey leg after the New Orleans Saints beat the Atlanta Falcons on Thanksgiving in 2018. Sportsbooks are expecting a betting bonanza for this year\u2019s Thanksgiving. (Image: Chuck Cook\/USA TODAY Sports<\/em>)<\/figcaption><\/figure>\n

\u201cIn a normal year, this four days is behind the Super Bowl and the first week of March Madness as the biggest days of the year,\u201d<\/b> said Nick Bogdanovich, the director of trading at William Hill, to Casino.org<\/i>. \u201cIt\u2019s just crazy action. It\u2019s just insane from Thursday to Sunday. It\u2019s eat as much as you can, drink as much as you can, bet as much as you can.\u201d<\/b><\/p>\n

With sports gambling becoming more prevalent around the United States, and with the CDC encouraging people to stay home for Thanksgiving because of rising COVID-19 rates, the action is expected to be hotter than the Thanksgiving gravy.<\/p>\n

Buffet of Betting<\/b><\/h2>\n

As usual, the NFL slate will highlight the Thanksgiving betting menu. The Houston Texans (3-7) at Detroit Lions (4-6) will start the day, followed by the Washington Football Team (3-7) at Dallas Cowboys (3-7). The big game, the Thursday night finale between the Baltimore Ravens (6-4) and Pittsburgh Steelers (10-0), was postponed to Sunday because of several positive COVID-19 tests within the Ravens.<\/p>\n

A lot of the action will take place before the kickoff of Lions-Texans.<\/p>\n

\u201cThanksgiving usually is the morning,\u201d said Ed Salmons, the vice president of risk management and oddsmaking at Westgate SuperBook, to Casino.org<\/i>. \u201cThe first game starts at 9:30 our time. Usually from 8 to 9:30, it\u2019s the really busy point. It kind of comes in spurts, but most of your business is done really early that day.\u201d<\/p>\n

And that business has been booming. While much of the economy has suffered through the pandemic, sportsbooks have thrived. With so many entertainment options off the table, many sports fans have turned to gambling to add a little juice to their sports viewing. While Las Vegas remains the Mecca of sports gambling, New Jersey and Pennsylvania have posted record handles<\/a>. With fewer people traveling to spend time with family for Thanksgiving, insiders expect a four-day betting bonanza.<\/p>\n

\n

I think it\u2019s going to be a ton of action,\u201d<\/b> said Bogdanovich, who estimates 70 percent of bets are placed online rather than a retail site. \u201cRight now, sports betting\u2019s at an all-time high. We\u2019ve never written more business. It\u2019s going to be incredible. The people are locked down, they can\u2019t go anywhere. So, they\u2019re on their computers and they\u2019re watching and they\u2019re betting.\u201d<\/b><\/p>\n<\/blockquote>\n

Patrick Eichner, the director of communications for PointsBet, called the upcoming holiday weekend a \u201cperfect storm.\u201d Football is a Thanksgiving tradition, fewer families will be together, so more eyes will be glued totally to the game rather than Aunt Betsy\u2019s health problems, and there is more access to sports betting as more states make it legal.<\/p>\n

\u201cWe\u2019re going to see this trend continue,\u201d<\/b> Eichner said. \u201cIf you dial in specifically on the state of New Jersey, we\u2019ve seen it improve month over month. We just keep setting record highs every month. So, I think if you compare it to previous Thanksgivings, it\u2019s absolutely going to do better.\u201d<\/b><\/p>\n

NFL fuels sports betting, which makes it the Thanksgiving feast. Culinarily speaking, Friday and Saturday are about leftovers. From a sporting perspective, Friday and Saturday are about college football. There will be less of it this year because of COVID-19. But Bogdanovich said Friday\u2019s game between No. 2 Notre Dame and No. 25 North Carolina will be \u201coff the charts.\u201d<\/p>\n

Welcome Addition<\/b><\/h2>\n

If the NFL is the turkey and college football is the mashed potatoes and gravy, college basketball will provide the green bean casserole. The COVID-delayed season tipped off on Wednesday. No. 1 Gonzaga will play No. 6 Kansas in a huge Thanksgiving showdown, and there are games throughout the four-day weekend.<\/p>\n

Those games not only will fuel this weekend\u2019s feeding frenzy, but provide a welcome lift to handle throughout the week. Sportsbooks have missed the NBA and NHL<\/a>, which usually are a month into their seasons. College basketball will help fill the void.<\/p>\n

\u201cWithout NBA and hockey during the week, the pickings are definitely slimmer,\u201d Salmons said. \u201cThe football is accented that much more. The one downside to that is people like variety. They like to see some basketball and some hockey mixed in there. After a while with football, every game blends into the next game. Especially these college games. You watch these MAC games, they\u2019re entertaining but they\u2019re comically funny.\u201d<\/p>\n

Thursday Football Feast<\/b><\/h2>\n

Neither of Thursday\u2019s NFL games are especially compelling. It probably won\u2019t matter, though. A standalone NFL game, such as Sunday Night Football <\/i>or Monday Night Football<\/i>, always attracts a lot of action. Even without Steelers-Ravens, Thanksgiving will provide two standalone games to sports fans who might not have a holiday table to gather around.<\/p>\n

\n

It will be good for the books. Well, maybe. We\u2019ll see,\u201d<\/strong> Bogdanovich said. \u201cMaybe we\u2019ll get our butts kicked. I want to say it was \u201993 or \u201994, it was a tsunami. They won every game Thursday, so they had more to bet with on Friday. They won every bet Friday, so they had more to bet on Saturday. Then they won more on Saturday. By Sunday, the bookmakers were crying, it was so bad. It was the most insane four-day run of all-time. It was an unparalleled beating for bookmakers.\u201d<\/strong><\/p>\n<\/blockquote>\n

Salmons has some bad memories, too.<\/p>\n

\u201cIt\u2019s always the favorites,\u201d who get bet, he recalled. \u201cI have a lot of bad memories of Thanksgiving and the favorites winning every game.\u201d<\/p>\n

Win or lose, sportsbooks know the importance of Thanksgiving runs deeper than Thursday’s bets. This isn\u2019t just about printing some extra tickets. Rather, it\u2019s about attracting and maintaining customers.<\/p>\n

\u201cThanksgiving\u2019s a massive opportunity,\u201d<\/b> Eichner said. \u201cYou\u2019re going to see a lot of very aggressive pricing, promotions, boosters to perhaps capture new clients or keep existing clients happy and sticky to your book, and make sure that your book remains their book of preference. It\u2019s an opportunity on both sides of the table.\u201d<\/b><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

With the CDC encouraging people to stay home for Thanksgiving due to rising COVID-19 rates, the sports-betting action might be hotter than the Thanksgiving gravy.<\/p>\n","protected":false},"author":54,"featured_media":156629,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,16,1074],"tags":[81004,80968,81859,81865],"acf":[],"yoast_head":"\nSports Betting Becomes Even Bigger Part of New Thanksgiving Menu - Casino.org Sports Betting Becomes Even Bigger Part of New Thanksgiving Menu<\/title>\n<meta name=\"description\" content=\"With the CDC encouraging people to stay home for Thanksgiving due to rising COVID-19 rates, the sports-betting action might be hotter than the Thanksgiving gravy. 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