About Sports Betting

Another state is looking to bring in some sports betting tax revenue in 2021. In a filing to the state legislatures, Georgia Republican Ron Stephens and five other co-sponsors are attempting to push forward sports betting in the Peach State.

• Sports Betting Websites
• Facts About Sports Betting

The proposed bill would give sports bettors six online-only sportsbooks with remote registration. The model that Georgia would institute will be similar to Tennessee. Tennessee adopted an online-only sports betting model, and the Tennessee Education Lottery oversees sports betting in the state.

Sports betting is finally starting to be considered a socially acceptable pastime. One result of this change in attitude is that sports betting gets talked about a lot more. People can discuss it freely, without worrying about being judged. The world of sports betting is full of interesting people doing interesting things. As the numerous feature films on the topic demonstrate, sports betting has a rich culture all its own. SBD wants to help you discover it with a series of stories to enjoy and gain inspiration. Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Effective sports betting takes a lot more than simple desire. It takes hard work and commitment, plus you have to be willing to learn about all the strategy involved too. That’s why we’ve put together our comprehensive guide to sports betting strategy. About Podcast Sports betting expert and Host of VSiN's 'A Numbers Game' on SiriusXM, Gill uncovers the best of sports handicapping including free picks, the ins and outs of gambling strategies, and the truth behind sportsbook and casino operations.

In Georgia, plenty of sportsbooks will look to gain access to the 10 million people that inhabit the Peach State. Each one will be vying for a license as many states in the south have yet to hop on the sports betting bandwagon.

Georgia Sports Betting Could Gain Traffic From Florida And Other Neighbors

Georgia is uniquely placed within the country. According to a fact sheet from the Hartsfield-Jackson, Atlanta airport, they are located within a two-hour plane ride from80% of the US population. The Atlanta airport is home to 150 US destinations and more than 75 foreign destinations in 50 countries.

Garnering interest from sports bettors who are waiting for flights is not the only point of interest for the state. Most of the southern states in the US have resisted online sports betting to this point. In fact, only Tennessee has opted to legalize sports betting in that area.

Florida is looking to right this wrong as they are attempting to legalize sports betting. However, there are legal hoops to jump through in order for that bill to hit the governor’s desk.

Ideally, Georgia will be able to use its location to bring in clients who may or may not be traveling. Furthermore, its proximity to Florida, a state with a massive population, could bring in additional revenue.

Does The Bill Have A Chance?

The bill proposed would include a $900,000 annual fee. This would be paid by the sportsbook to the state on a yearly basis. There is also a $50,000 license application fee to all sportsbooks who are applying for the license.

Sports Betting Websites

Moreover, Georgia would make a 16% tax revenue on adjusted gross sports wagering income. These are massive numbers for the state so it should definitely make legislatures happy.

However, there was a similar bill that failed last year. The bill got approved by the House but was rejected by the Senate.

The expectation is that this bill will get through the House, whether it progresses through the Senate and onto the governor’s desk is yet to be seen.

Academic Sports Betting Research is at the heart of what Sports Insights does. We are an internationally recognized leader in betting information services. Our goal is to educate sports bettors about using statistical analysis and sports betting research to help evaluate risk, when attempting to predict “winners” in sporting events. We don’t guarantee winners, or promote impossible winning percentages. Professional sports bettors operate within a winning percentage of 54-57%.

The key point to understand is that the difference between winning and losing over the long-term is measured by only a few percentage points. Anyone can go 10-0 one week, but very few sports bettors win above 54% of their bets over the course of entire season. At Sports Insights, we define success as consistently winning over the long term. This page offers sports bettors a list of published academic research articles to help you win.

Facts About Sports Betting

Visit this page often for new betting research articles and ideas. The staff at Sports Insights is constantly researching the sports betting market, developing new and cutting edge sports betting systems. Solid betting research should always form the foundation of any serious sports betting system.

Academic Research Papers on Sports Betting

A sizable body of literature examining the “efficiencies of the sports betting marketplace” already exists. We examined some of the better known works in hopes of educating sports bettors. Note that all the authors, unlike touts or “scamdicappers”, do not guarantee winners. They also believe that the inefficiency they discover will fade out over time.

SportsInsights.com looks at the sports betting world as a unique marketplace. Unlike the stock market, the sports betting marketplace produces clear winners or losers based on measurable outcomes (sporting events). By applying some of the same economic tools and theories used in the financial world, we evaluate the sports betting marketplace for inefficiencies. By “inefficiencies” we simply mean measurable and predictable mispricing of games. Our research has uncovered profitable betting systems and strategies that exploit these measurable inefficiencies in the sports world. The most published and easily implemented of these betting systems is our signature “Bet Against the Public” or “Fade the Public” strategy. Stop buying snake oil from “scamdicappers” and start sports investing with a proven betting strategy. Take a moment to review our sports betting research and articles.