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BATON ROUGE, La. (AP) — Businesses that want to operate fantasy sports betting in the 47 Louisiana parishes that approved it two years ago can start applying in February, under action by the state gambling board Thursday.
The Louisiana Gaming Control Board adopted the final regulations and licensing application needed for the online cash prize competitions to start later this year, as early as April or May.
Maj. Chuck McNeal, with the Louisiana State Police’s Gaming Enforcement Division, told the board that fantasy sports contest operators can start submitting the applications Feb. 19. He said the suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Louisiana Gaming Control Board for a gambling license.
Under that timeline, fantasy sports betting operations could be up and running by the spring, if the gambling board approves their licenses.
In fantasy sports, people create imaginary teams of real-life sports players and score points based on how those players perform in actual games. Websites such as DraftKings and FanDuel charge an entry fee and offer payouts to winners.
Voters in nearly three-quarters of Louisiana’s 64 parishes agreed in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process. All that remains are the licensing decisions for individual operators from the Gaming Control Board.
Participants in the competitions have to be at least 21 years old. The games only will be permitted in parishes where voters authorized it, but anybody will be able to log into the online sites if they travel to those parishes.
Sports Action is the betting brand name used by the British Columbia Lottery Corporation to provide offline betting options to BC residents.
The BCLC does also offer online betting in the form of PlayNow.com.
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How Sports Action Works
To bet on Sports Action you will have to head down to your local BCLC outlet in order to fill out your betting slip. Sports Action bets are only allowed as parlay bets with between 2 and 6 selections on each ticket.
You can choose your odds from Oddset 3-outcome, Oddset 2-outcome, Over/Under or props bets. The Oddset 3-Outcome odds include ties, while Oddset 2-Outcome are simply money line odds where you pick which team will win the game flat out. For example, a hockey game is considered to have ended in a tie in Oddset 3-Outcome once the game remains tied after overtime. Check out the different Sports Action how to play pages at the BCLC website for all of the rules.
If all of the picks on your Sports Action parlay ticket are winners then your ticket is a winner. You can collect your winnings at any BCLC retailer.
Odds – Sports Action vs Online Betting Sites
Action Sports Betting Documentary
I was shocked when I saw the odds that Sports Action was offering British Columbia bettors. I wasn’t able to find the profit margin that the BCLC makes on Sports Action tickets, but I assume it must be around 50% because these odds are even worse than the Proline odds offered by the OLG and they have a profit margin of over 40% on sports betting lottery games.
Sports Action Bclc
Here is a look at the Sports Action odds compared to the odds from SportsInteraction.com for four college basketball games from the Thursday night I updated this page. I used the 2-outcome oddset in order to be able to compare the odds with the typical moneyline odds you would find at an online betting site.
You win $32.27 betting through Sports Action (the returns include the $10 bet amount). Betting on the exact same 4 team parlay at Sports Interaction you win $82.32. That’s a difference of $50.05 on a $10 bet. You win more than double (almost triple) betting online through Proline than with Sports Action!
Sports Lines And Odds
Other Disadvantages of Sports Action
On top of offering BC residents horrible odds Sports Action has a lot of other factors going against it when compared with sports betting online. No deposit bonus ozwin casino.
No Bonus Money
Sports Action doesn’t offer bonuses to new players like all of my recommended betting sites do. They also never offer added value promos for players. Online betting sites offer sign up bonuses of around $200 to new players and also offer great promotions and other bonuses to current players in order to provide great value and an enjoyable experience for their players.
The main restriction is that you are not allowed to bet on single games through Sports Action. You are allowed to place 2 to 6 team parlay bets only. On top of this the betting options online seem almost endless when compared with Sports Action. There are far more sports to choose from and within each sport there are tons and tons of betting options. You can also bet any amount you want, while with Sports Action your bets have to be set amounts.
Action Sports Betting App Reviews
Live Football Odds
To bet on Sports Action you have to make a special effort to visit a BCLC retailer and fill out your selection sheet. Then if you win you have to return to a lottery retailer to collect your winnings. With online betting sites you can wager from the comfort of your own home or even anywhere you can get a mobile signal thanks to mobile betting. After bets are settled your winnings are immediately available in your betting account ready to either be bet with again or withdrawn.