Gaming

BestOdds Signs Affiliate Agreements with FanDuel and Caesars for New York

BestOdds.com, a brand that combines sports betting and education, has inked affiliate-partnership deals with Caesars and FanDuel, two of the four prominent US sports gambling companies regulated in New York that went live on Saturday. New York expects $10 billion in sports betting revenue next year, with the state and operators splitting almost $1 billion in predicted profits. Mobile sports providers have already paid the state $200 million in license fees, and the businesses have agreed to pay a 51 percent tax on gross profits, the highest in the US.

BestOdds will provide New York gamblers with a variety of tools, educational information, and signup offers in the largest US market to go live with legal online betting due to the partnerships.

According to Will Armitage, CEO of BestOdds.com, the NYC market has enormous potential, as evidenced by GeoComply data revealing that more wagers were placed in NYC during its first weekend of activity than in Pennsylvania and New Jersey altogether. Their mission is to provide actionable information, transparent sportsbook evaluations, odds comparison tools, and the finest bonuses and promotions available to bettors in the Big Apple.

New members in the city can get a risk-free bet up to $1,001 at Caesars using BestOdds registration bonuses, while FanDuel will reimburse a bettor’s initial wager up to $1,000 in free bets.

Nine operators were awarded licenses to operate in New York, with four (Caesars, FanDuel, BetRivers, and DraftKings) launching on Jan. 8, just before the NFL season’s Week 18 kickoff. The other five operators (PointsBet, BetMGM, WynnBET, Resorts World, and Bally Bet) are currently getting their licenses.

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Paul Jolin

Paul Jolin is an economist having experience in financial research. He joined CoinNewsSpan in 2017 and since then has been working with the team to offer best price analysis and review stories on the crypto space. He is optimistic about blockchain technology's use cases in terms of financial freedom. He also has experience as an independent trader.

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