What to know about mobile sports betting in Maine
MILES HOOD WALKS US THROUGH THE PROCESS.. WITH A LITTLE HELP FROM CAESAR'S SPORTSBOOK.. (MILES IN) SPORTS BETTING WENT LIVE ABOUT A WEEK AGO AND YOU MAY BE ITCHING TO TRY IT OUT. BUT IF DON'T YOU KNOW WHAT A SPREAD, MONEYLINE OR PARLAY IS.. I CAN HELP.. WITH AN ASSIST FROM AN EXPERT. SO FIRST THINGS FIRST.. YOU HAVE TO DOWNLOAD ONE OF THE TWO LICENSED MOBILE SPORTSBOOKS IN MAINE.. DRAFT KINGS OR CEASARS.. THEY LOOK A LITTLE DIFFERENT BUT BOTH FUNCTIONALLY ACT THE SAME ONCE YOU CREATE AN ACCOUNT, YOU MAKE YOUR FIRST DEPOSIT.. HOWEVER MUCH YOU WANT.. BUT HOW DO YOU CHOOSE WHICH GAME OR BET TO PLACE? DAN SHAPIRO IS THE CHIEF DEVELOPMENT OFFICER AR CEASARS DIGITAL. HE SAYS KNOWING THE BASICS IS KEY TO MAKING THE MOMENT FUN BUT ALSO RESPONSIBLE. THE THREE BASIC BETS ARE THE SPREAD- 00:06:58:07- 00:07:14:19 "IF THE TEAM SAY, IS MINUS SEVEN POINTS, THAT MEANS THAT IF YOU BET THEM ON THE POINT SPREAD, THEY HAVE TO WIN THE GAME BY SEVEN AND A HALF POINTS OR MORE FOR YOU TO WIN YOUR BET." MONEYLINE 00:07:28:00- 00:07:33:22 MONEY LINE IS BASICALLY WINNING THE GAME OUTRIGHT. SO, YOU KNOW, WELL, THE CELTICS WIN THE GAME TONIGHT, RIGHT? AND PARLAYS 00:08:01:10- 00:08:05:15 WHICH IS WHEN YOU'RE PUTTING KNOW MULTIPLE OUTCOMES WITHIN A SINGLE BET. (MILES OUT) CEASARS KNOWS GAMBILING ADDICITON IS A REAL ISSUE AND HAS OPTIONS BUILT INTO THE APP THAT YOU CAN SET TO LIMIT YOUR
What you need to know for mobile sports betting in Maine
Whether you use Draft Kings or Caesars, we have some tips for you.
Mobile sports betting is now live in Maine, but how do you take part in it, and how does it work?First things first, you have to download one of the two licensed mobile sportsbooks in Maine: DraftKings or Caesars. They look a little different, but both functionally act the same.Once you create an account, you make your first deposit, and it can be however much you want. But experts suggest to only bet the money you're willing to lose.Now that you're account is loaded with funds, how do you choose which game or bet to place?Dan Shapiro is the chief development officer at Caesars Digital. He says knowing the basics is key to making the moment fun but also responsible. The three basic bets are the spread, money line and parlay. Shapiro explained them to us:Spread: "If the team, say, is -7, that means that if you bet them on the point spread, they have to win the game by 7.5 or more for you to win your bet," Shapiro said.Money line: "Basically winning the game outright. So, you know, well, the Celtics win the game tonight, right? You'd take their money line," Shapiro said.Parlay: "Betting multiple outcomes within a single bet" (Example: Celtics Money line, Bruins Spread and Patriots Money line.) Each app offers other bets like player props, which come with an over or under. It's a bet based on how a certain player will perform. An example would be Jayson Tatum—23.5 points. If you take the over, he has to score more than 23.5 points to win the bet. Both platforms offer deals for newcomers, events and odds boosts on certain bets frequently, so checking the app for those could help you win a bit more from time to time.If you or someone you know needs help with Gambling Addiction, you can also be connected to resources at 211 Maine.
Mobile sports betting is now live in Maine, but how do you take part in it, and how does it work?
First things first, you have to download one of the two licensed mobile sportsbooks in Maine: DraftKings or Caesars. They look a little different, but both functionally act the same.
Once you create an account, you make your first deposit, and it can be however much you want. But experts suggest to only bet the money you're willing to lose.
Now that you're account is loaded with funds, how do you choose which game or bet to place?
Dan Shapiro is the chief development officer at Caesars Digital. He says knowing the basics is key to making the moment fun but also responsible.
The three basic bets are the spread, money line and parlay. Shapiro explained them to us:
Spread: "If the team, say, is -7, that means that if you bet them on the point spread, they have to win the game by 7.5 or more for you to win your bet," Shapiro said.
Money line: "Basically winning the game outright. So, you know, well, the Celtics win the game tonight, right? You'd take their money line," Shapiro said.
Parlay: "Betting multiple outcomes within a single bet" (Example: Celtics Money line, Bruins Spread and Patriots Money line.)
Each app offers other bets like player props, which come with an over or under. It's a bet based on how a certain player will perform. An example would be Jayson Tatum—23.5 points. If you take the over, he has to score more than 23.5 points to win the bet.
Both platforms offer deals for newcomers, events and odds boosts on certain bets frequently, so checking the app for those could help you win a bit more from time to time.
If you or someone you know needs help with Gambling Addiction, you can also be connected to resources at 211 Maine.
