• Loading stock data...
Tuesday, April 29, 2025
    More
    Sports Betting

    Betting on Alternative Sports

    By
    Jan 11, 2021 | 09:23 am
    UPDATED Jan 12, 2021 | 07:10 am
    Drone Racing League

    The next off-major sport has hit the betting market.

    Bettors can now wager on the Drone Racing League, following its success as a free-to-play pool at the beginning of the pandemic. DraftKings offered the aerial sport during the league’s final races of its season over the weekend, and will have exclusive rights in the future.

    According to DraftKings research, 70% of drone racing fans don’t follow the big five sports leagues, but are three times more likely to bet than fans of major sports leagues.

    Nontraditional sports shouldn’t be underestimated.

    Table tennis, for example, has been among Colorado’s top-five most-bet on sports for several months, jumping to No. 3 in November. But the bulk of bets are still driven by traditional sports.

    Colorado saw $231.2 million in total November wagers.

    • NFL: $88 million
    • College Football: $22 million
    • Table Tennis: $12.4 million

    Similarly, in New Jersey, $433.3 million of the record-setting $931.6 million bet on sports in November was on football.

    Linkedin
    Whatsapp
    Copy Link
    Link Copied
    Link Copied

    What to Read
    by

    Shedeur Sanders Prank Call Was Made by Son of Falcons DC Jeff..
    Jax Ulbrich located Shedeur Sanders’s draft phone number on an open iPad.
    Jun 21, 2024; Boston, MA, USA; Boston Celtics majority owner Wyc Grousbeck holds the Larry O’Brien trophy prior to the Boston Celtics championship parade.
    by

    The Celtics Succession Plan Remains Murky
    The transfer of power to a private-equity group is still unresolved.
    by

    The Rays Groundskeepers Are Adjusting to Life Outside the Dome
    After nearly three decades in a dome, Tampa groundskeepers were forced outside.
    by

    Five QBs Drafted As Shedeur Sanders Slips to Fourth Round
    Shedeur Sanders is still waiting after slipping out of the first round.

    Featured Today
    by

    The Former NBA Agent Who Became a Pickleball Deputy Commissioner
    Chris Patrick went from representing Jimmy Butler to pickleball deputy commissioner.
    Apr 5, 2025; San Antonio, TX, USA; Duke Blue Devils forward Cooper Flagg (2) reacts after a three point basket against the Houston Cougars during the first half in the semifinals of the men's Final Four of the 2025 NCAA Tournament at the Alamodome.
    April 21, 2025

    Cooper Flagg’s Timing Is Perfect for the NBA and USA Basketball
    The projected No. 1 pick just declared for the draft.
    Apr 14, 2025; New York, New York, USA; Paige Bueckers is interviewed by ESPN after being selected with the number one overall pick to the Dallas Wings in the 2025 WNBA Draft at The Shed at Hudson Yards
    April 21, 2025

    ESPN’s WNBA Coverage Mirrors the League’s Stunning Growth
    “I don’t think we stand still in our coverage of women’s sports,” says Rowe.
    Mar 16, 2025; Milwaukee, Wisconsin, USA; Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) celebrates with guard Isaiah Joe (11) after score in the fourth quarter against the Milwaukee Bucks at Fiserv Forum.
    April 20, 2025

    Unorthodox OKC: The Thunder Redefined Tanking to Become NBA’s Best
    A rebuild years in the making has OKC in the driver’s seat.

    More in Sports Betting
    Apr 22, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) shoots the ball over Minnesota Timberwolves forward Julius Randle (30) during the third quarter of game two of first round for the 2024 NBA Playoffs at Crypto.com Arena.
    by

    Kalshi’s Offensive Blitz Continues With Suit Against Maryland
    Kalshi previously sued regulators in Nevada and New Jersey.
    April 16, 2025

    Sports Prediction Markets Still Face Legal Roadblocks
    The Wire Act and tribal sovereignty could be the next legal battlegrounds.
    The sun rises behind the New York skyline seen from the Jersey City waterfront on Thursday morning Dec. 10, 2020.
    April 22, 2025

    N.Y. Sports Betting Faces Major Limits Under New Proposal
    Newly proposed legislation would impose daily betting caps and limit advertising.
    Sponsored

    Fighting for Clarity: Inside UFC’s New Partnership With Total Wireless
    UFC teams with Total Wireless in a no-frills partnership built for today’s mobile-first, value-driven fanbase.
    April 14, 2025

    Bank Says Sports Betting Could Weather Tariff Storm
    Lower tax revenues could encourage more states to legalize sports betting.
    Sports gambling reached an all-time high in 2022.
    April 9, 2025

    Kalshi Gears Up for Legal Fight With States
    Maryland followed at least five other states that have sent cease-and-desist letters.
    Potawatomi Sports Book patrons the University of Wisconsin men play UCLA on Friday, March 14, 2025. The venue is open for the first time during March Madness and is expecting to be busy over the next few weeks in Milwaukee.
    April 8, 2025

    Kalshi Notches Legal Win in Fight With Nevada
    Kalshi can keep offering its sports event contracts in Nevada—for now.
    Potawatomi Sportsbook patrons watch the University of Wisconsin men play UCLA on Friday, March 14, 2025. The venue is open for the first time during March Madness and is expecting to be busy over the next few weeks in Milwaukee.
    April 4, 2025

    All Signs Point to Trump Admin OK’ing Kalshi’s Sports Contracts
    The federal government appears ready to approve Kalshi’s sports event contracts.