Daily Archives

June 19, 2020

#WhenandWhere: Should Bettors Wait on MLB Futures Markets?

Marco Cerino June 19, 2020
mlb schedule 2020 news

It’s mid-June and we still have no Major League Baseball. While there was some progress this week on a new deal, we still have no idea when the game will return and what it will look like when play resumes.

MLB Schedule 2020 – “Tell us when & where”

Players have been vocal in demanding they return to work while maintaining solidarity, including two of league’s biggest stars Bryce Harper and Mike Trout.

mlb 2020 season mlb 2020 season

Owners have hesitated to return as they’ll lose a lot of money without fans at games. While understandable, the fiscal drawbacks should be severely outweighed by the civic and societal boost America needs that the pastime’s return would provide. There are tremendous pressures to get baseball started at some point this summer.

However, what should NJ sports bettors consider before making futures bets at NJ gambling websites?

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Length of MLB 2020 Season

The biggest question facing negotiators is how many games will be played in the 2020 regular season. Currently, the number appears to be 60 or more.

Most of the major books have created minimum game thresholds to their player prop futures. While no one has over/unders for totals, the focus has shifted on who will lead baseball in certain stats, from home runs to saves.

For those considering these markets, pay attention to the parameters set out by the sites. There aren’t uniform guidelines being offered in NJ.

Usually, if a condition tied to a bet isn’t made, the wagers are voided and handle returned to players. Given the massive drop in business from the loss of live sports (especially during the non-football months of the spring and summer), this puts the books in a tight spot.

A spokesperson for PointsBet Sportsbook has said the company will provide new prices if a season is announced for less than the original length they offered. 

If the season goes shorter and the futures markets get re-priced, that could mean lower odds on favorites.

For instance, Mets slugger Pete Alonso is listed at +850 to +1100 across the boards to win the home run following his record-breaking rookie season.

With a shorter season, that price may come down significantly, along with other favorites like Mike Trout and Aaron Judge.

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MLB Schedule 2020 & Rules

The MLB 2020 season will look drastically different. How many games will be played and how the schedules shake out, along with the playoff format, will inform how odds and prices on teams may change.

If the league maintains the six-division structure, that likely means no interleague play until the World Series. Teams will likely limit travel with more intradivisional games. There’s still a chance the two leagues are merged and 10-team divisions become the norm.

As of now, the major NJ sportsbooks are not putting out any divisional markets. Most of them weren’t terribly competitive when the prices dropped. Team win totals have been replaced by winning percentages, which of course will be affected by season length and schedule format. 

The league’s most recent proposal includes a universal DH for this and next season. While some consider the removal of a pitcher from the batting order an abomination and limiting of strategy that makes National League games intriguing, it does lean towards keeping pitchers safe during a season that may include scheduled doubleheaders.

It also takes some pressure off new managers who may not know everyone so well to juggle replacements in their heads.

Along with a minimum batter rule for relievers, this should keep games from taking longer (which will certainly make bookmakers with closing times at their retail locations happier). 

Without certainty on scheduling and how many times teams will play, this makes the futures market an even greater gamble.

  • The proposal to switch Pittsburgh and Atlanta in the 10-team divisions obviously changes scenarios for their opponents.
  • Also, given the extension of border closures with Canada, what will the Blue Jays do?
  • A 16-team playoff with a best-of-three format for the first round could produce some upsets in the bracket.

Mid-price teams with strong pitchers atop their rotations (like most of the NL East) could get a boost with the new structure. 

There’s a lot to go over before they yell “Play Ball!” this season.

Yes, it will likely happen. Yes, I will be sad I can’t go get Bull’s BBQ and an expensive beer and enjoy a day at Citizens Bank Park to watch my beloved Phillies.

Yes, it won’t feel the same. However, any shred of normalcy becomes elevated and magnified today.

This one will do us a lot of good. Just tell us, the fans and the bettors, when and where.

Everyone’s A Winner In The Golden Nugget $100K+ June Race!

Barbara Nathan June 19, 2020
golden nugget casino

Many other races got canceled or postponed this year, but one group of races you can count on month after month never to get canceled are the Golden Nugget online races.

Since these races take place virtually on your computer or mobile device, you don’t have to travel anywhere. Physical fitness and athleticism are not required either. In fact, any registered Golden Nugget Online Casino player is welcome to participate.

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So as long as you have the interest, time, and bankroll, there’s no reason not to participate. See where these competitions against your fellow players take you.

On the TV show Survivor, the object is to outwit, outplay, and outlast your competitors. In the Golden Nugget races, all you have to do is outplay your competitors–or at least most of them–and you’re golden!

Golden Nugget offers a new race with new prizes every month

Every month–and June 2020 is no exception–Golden Nugget Online Casino holds a new monthly race.

While each month’s race also counts as a segment of the yearlong race for a shot at even bigger prizes, at Golden Nugget, there’s no need to wait till the end of the year to win big. Each of the 12 monthly races and 52 Weekly Missions comes with its own leaderboard and prize pool!

In other words, if you have what it takes, you can be a multiple times repeat winner. Otherwise, there’s an old saying that also applies. If at first, you don’t succeed, try, try again.

But in this month’s race, “Everyone’s A Winner!”

For those of you who are new to Golden Nugget Online Casino or are not yet signed up but thinking of it, did you ever hear of a race where everyone’s a winner? Probably not, but Golden Nugget, a NJ gambling website known for being a trailblazer, it’s just another innovation among many.

What the term means here is that in addition to all of the prizes handed out at the end of the month to the top finishers, Golden Nugget guarantees you a prize just for participating.

Only a few of the monthly races include this feature. In fact, this is only the second time this year, the first time being the March race.

What’s especially great about the Everyone’s A Winner races is that you get to cash in no matter what day of the month you join in the fun. In order to have a realistic shot to win a prize based on your leaderboard ranking, you probably have to play every day starting on the first of the month or close to it. But this month, Golden Nugget is giving you another way to win.

For all of you veteran racers who know the drill, great. You could be on your way to winning two bonus money prizes. On top of what could be a huge bonus based on your leaderboard standing, you get a second prize just for participating!

As for the rest of you, even though June is more than half over, it’s not too late. The same secondary prize just for participating is waiting for you, too!

How to participate in the June “Everyone’s A Winner” race at Golden Nugget

The June race got underway on June 1 and concludes at 11:59 p.m. on June 30. Any registered Golden Nugget Online Casino player can enter at any time during the month.

Participation in previous races this year is not required. However, all of the points you earn this month will be added to whatever points you have already accumulated from the earlier races towards your grand total for the year.

If you have not already opted-in to the June “Everyone’s A Winner” promotion, you still can. Here is what you need to do.

  • Log into your GoldenNuggetCasino.com account as soon as possible.
  • Go to Available Bonuses and opt into the Everyone’s A Winner promotion.
  • Make a single deposit of $20 or more.
  • Start playing!

How to earn leaderboard points

The name of the game is to keep making deposits and playing all month long as often as possible and for as much as you can comfortably afford in order to keep racking up leaderboard points. As you can see from the table below, all of your online casino play or sportsbook wagers count, but the fastest way to earn points with your play is with slots. And each day that you deposit $50 or more, you earn leaderboard points even faster.

How much can you win?

The June race features all of the following:

  • $100,000+ in guaranteed bonus money prizes
  • A guaranteed prize of at least $1,000 bonus money to the top 15 players
  • A guaranteed top prize of at least $15,000 bonus money
  • Everyone, including those not in the top 15, who has opted in with a deposit of $50 or more and earns at least 50 leaderboard points will win a share of the prize pool!

The prize pool opened with $85,000, as compared to the $60,000 prize pool up for grabs most months. However, the prize pool for June has been increasing daily ever since and will continue to do so for the duration of the race.

By the end of the month, a prize pool of at least $100K is guaranteed. However, it could soar to as much as $116K.

Each day in June when at least one player wins $15K or more, Golden Nugget will add another $200 to the prize pool. However, each day in June when no one wins at least $15K, the casino will add another $1,000 to the prize pool.

Distribution of prizes

Since the size of the final prize pool is still unknown, the exact amounts of each individual prize have yet to be determined. However, all prizes will be in the form of bonus money, and depending on their end-of-the-month leaderboard ranking, the top 15 players this month are guaranteed to win at least the following:

 

Rank

Prize

1

$15,000

2

$10,000

3

$8,000

4

$7,000

5

$6,000

6

$5,000

7

$4,000

8

$3,000

9

$2,000

10

$1,500

11-15

$1,000

Once all of these guaranteed prizes are distributed, whatever bonus money still remains in the prize pool will then be divvied up equally among all eligible participants. In other words, the same 15 players will receive a second prize, but everybody else who deposited at least $20 and earned at least 50 leaderboard points will also receive that prize.

All prizes will be determined and distributed by 5 p.m. on Wednesday, July 1.

Additional wagering requirements for clearing the bonuses

It would be great if after all the wagering you have done all month long, you could receive your prize(s) as immediately withdrawable cash. However, Golden Nugget will be awarding all prizes in the form of bonus money instead. So before you will be permitted to withdraw either the prize money itself or any additional winnings therefrom, you need to meet additional wagering requirements.

Those of you who are lucky enough to receive two prizes from this promotion will have two bonuses to clear. The rest of you will have one bonus to clear.

That’s the bad news, but here’s the good news. The additional wagering that the casino requires is very minimal.

First, you need to decide whether you prefer to accept your prize as a casino bonus or as a sports bonus. If you win two prizes, you can take one of each, if you wish, but you cannot combine both casino play and sports bets to clear the same bonus. You have up to seven days from the time you receive your bonus to clear it.

Casino bonus

If you choose the casino bonus, your best bet is to clear it with slot play. Choose any game or combination of games you wish, but try to stay clear of the 21 “excluded slots” (see the Golden Nugget NJ website for the complete list) so you only have to wager the bonus 1x. You still have 668 slots to choose from, so a good strategy would be to check the stats in the “i” tab on the game’s return to player (RTP) and only pick games with an RTP of 96 percent or higher.

If you clear the bonus with table games instead, the wagering requirement would jump to 4x the bonus. If you clear the bonus with any of the 21 excluded slots, you face a 5x bonus wagering requirement.

Sports bonus

If you choose the sports bonus, you also only have to wager the bonus 1x to clear it.

Other important information

See the Golden Nugget Online Casino website and my article on the January race for other terms and conditions relating to clearing these bonuses. Also, don’t forget that the Weekly Missions and 2020 Million Dollar Race are still ongoing, too. The casino website and my January article will give you the full lowdown on those competitions as well.

The bottom line: Is the Golden Nugget Online Casino June race worth your time?

All of the Golden Nugget races offer a great opportunity for those players who can afford them to vie for big prizes. However, you’re the best judge as to whether or not your preferred level of play would give you a realistic chance. If not, accept that fact. Do not increase your wagering to more than you can comfortably afford because of these races or any other promotion.

However, this month, Everyone’s A Winner so there’s no reason not to participate. As long as you can afford to deposit at least $20 and earn at least 50 Golden Points, a prize is guaranteed.

Also  if you clear your bonus with most slots or with sports bets, you only have to wager it once, which makes it a risk-free bonus.

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