DraftKings to Offer Micro-Betting on Nearly Every College Football Game This Season

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DraftKings bettors will not experience a shortage of wagering opportunities during the upcoming college football game season, which kicks turned this weekend.

The sportsbook and iGaming leader proclaimed today that the political platform testament bid micro-betting on almost every college football biz this season. Powered by Simplebet, DraftKings will reserve bettors to play on the outcome of for each one knock down and drive. The sportsbook expects to submit action on o'er 100,000 plays during the 2022-23 steady NCAA football game season.

DraftKings’ micro-betting lines will live uncommitted wherever the sportsbook operates online. DraftKings’ mobile trading operations are currently modified to Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Simplebet Expands Offering

DraftKings partnered with Simplebet a twelvemonth ago this month for micro-betting. Simplebet is a business-to-business tech unwavering that utilizes information processing system learning to grant “every moment of every sports betting event” to get a betting opportunity.

Simplebet’s turnkey sportsbook add-on product seamlessly allows an online operator similar DraftKings to contain micro-betting lines. Unlike traditional sports betting where bettors wager on the outcome of a gritty either unbowed upwards or with a points spread, micro-betting breaks things mastered to cater in-game betting end-to-end the competition.

Before micro-betting, in-game betting was special to scenarios such as which college football team up would account to a greater extent points inwards a specific quarter and if a sure player would speed for a sure identification number of yards. Micro-betting takes things further to take into account betting on the final result of the offensive’s next play, or in baseball, whether the next pitch will be a orb or strike.

DraftKings testament proffer users triplet in-game betting opportunities for to the highest degree college games this season.

  • “Next Play” allows users to wager on whether the next offensive spiel testament live a look sharp or pass, whether the next recreate will termination inwards a first of all down, and if a team up will scotch a touchdown on the next play.
  • “Current Drive” allows bettors to risk on whether the offensive squad testament account a touchdown on their stream drive.
  • “Next Drive Outcome” tasks bettors with trying to forebode whether the motor testament resultant inward a touchdown, theatre of operations goal, punt, missed field of force goal, or turnover.

DraftKings’ micro-betting lines testament to boot enable users to bet if a team up testament attain a specific railyard run along such as the 50 or redness zone.

Micro-Betting, Massive Revenue Projections

Sportsbooks and leagues escort in-game betting as a way to step-up devotee engagement. Micro-betting comes with regulatory difficulties, but Simplebet claims its production is able-bodied to chop-chop bring about in-game lines, have bets, and tightlipped the market place all inward a thing of seconds. While occasional glitches should be expected, body politic regulators will hold come together tabs on DraftKings’ debut of micro-betting this college football game season.

Assuming the platform’s launch goes relatively smoothly, gaming analysts at JPMorgan believe micro-betting will apace short-circuit traditional betting inward terms of grip and sportsbook income. The financial services firm expects Americans to wager more than $9 one million million lawfully on sports each year past 2025, with nearly $7 one million million coming from in-game and micro-betting lines.

Problem gambling specialists say micro-betting poses real risks.

“Micro-betting shortens the lag 'tween bet and reward, increasing the hurrying and absolute frequency of gambling, which increases the danger of problematic behavior and negative consequences,” said Keith Whyte, executive director of the National Council on Problem Gambling.