1.The Delaware State Lottery is the overseer of the sports books. There will be a limit on the amount of money one can bet. The Lottery will have the final say on the limit and will vary by event. Gentile said the limit will be modeled after typical numbers in a Nevada sportsbook and that the initial betting limits on football games will be $10,000 for the NFL and $5,000 for college games. The over/under bets will be $2,000 for the NFL and $1,000 for college games.
2.Brandywine Bookmaking, run by University of Delaware and Widener Law School graduate Joe Asher, just won the contract to be the risk managers for Delaware's sports betting operation. Brandywine will partner with Scientific Games, a gaming company based in Mount Laurel, N.J., that will supply the technology.
Brandywine will set the lines. If it sets bad ones, the movement of the money will let it know and it will adjust.
At Delaware Park, the sports-betting windows will be on all three levels, side by side with the parimutuel racing windows. The tellers will wear different shirts for sports and racing. Just as in Nevada, players will be able to bet on single games against the spread. There will be prop bets, future bets, halftime bets, and almost all the other kinds of wagers any sports bettor already understands.
What nobody knows yet is how many people will leave the comfort of their living rooms to drive to one of Delaware's three racetracks (Delaware Park, Dover Downs, Harrington Raceway) to make those bets. With illegal bookmakers just a phone call away and offering credit, how many will want to do this legally, show up with cash and start firing?
3. "We want to get up and live by Sept. 1, so that everything has run through its trial period before the NFL starts on the 10th," Delaware Park general manager Andrew Gentile said.
There are 30 million people within a 3-hour drive.
info taken from MW.com:
http://www.majorwager.com/forums/mess-hall/186333-line-betting-delaware.html
2.Brandywine Bookmaking, run by University of Delaware and Widener Law School graduate Joe Asher, just won the contract to be the risk managers for Delaware's sports betting operation. Brandywine will partner with Scientific Games, a gaming company based in Mount Laurel, N.J., that will supply the technology.
Brandywine will set the lines. If it sets bad ones, the movement of the money will let it know and it will adjust.
At Delaware Park, the sports-betting windows will be on all three levels, side by side with the parimutuel racing windows. The tellers will wear different shirts for sports and racing. Just as in Nevada, players will be able to bet on single games against the spread. There will be prop bets, future bets, halftime bets, and almost all the other kinds of wagers any sports bettor already understands.
What nobody knows yet is how many people will leave the comfort of their living rooms to drive to one of Delaware's three racetracks (Delaware Park, Dover Downs, Harrington Raceway) to make those bets. With illegal bookmakers just a phone call away and offering credit, how many will want to do this legally, show up with cash and start firing?
3. "We want to get up and live by Sept. 1, so that everything has run through its trial period before the NFL starts on the 10th," Delaware Park general manager Andrew Gentile said.
There are 30 million people within a 3-hour drive.
info taken from MW.com:
http://www.majorwager.com/forums/mess-hall/186333-line-betting-delaware.html
