Michigan’s Heart Beats For Hockey Betting At Online Sportsbooks

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Written By Matt Schoch on February 12, 2021
nhl betting

Can you please rewrite the following sentence or provide more context?

In recent times, the Detroit Red Wings have failed to meet their own high standards, despite the city’s longstanding reputation as Hockeytown.

In addition, supporters have yet to experience the exhilaration of a packed Little Caesars Arena, rallying behind a victorious team, ever since the franchise relocated to the venue in 2017.

With the recent launch of online sports betting in Michigan, hockey enthusiasts from the state now have the opportunity to showcase their passion for the sport. According to several Michigan sportsbooks, this is precisely what is happening.

Early returns suggest hockey betting big in Michigan

As time passes, a clearer understanding of betting trends will emerge. However, initial reports from sportsbooks indicate a strong presence of hockey fans in Michigan who are eager to engage in some betting activities.

In a matter of weeks, PointsBet and BetRivers witnessed a noticeable surge in NHL betting activity within the state, following their official sponsorship with the NHL.

According to PointsBet, the hockey handle in Michigan exceeds that of other states by 2%, with Colorado coming in second and Illinois in third place. When considering PointsBet’s additional active states of New Jersey, Iowa, and Indiana, Michigan’s hockey handle is 3% higher than the overall average for PointsBet.

In addition to Indiana, Iowa, and Virginia, BetRivers operates in NHL markets such as Colorado, Illinois, Pennsylvania, and New Jersey where it is known as PlaySugarHouse.

According to the operator’s report, Michigan has the highest percentage of hockey handle, amounting to twice as much as the second state, Pennsylvania, which is home to two NHL teams.

Last month, PointsBet USA CEO Johnny Aitken expressed his excitement about partnering with the Red Wings, referring to the team as a respected and historic NHL franchise with an incredibly dedicated fanbase.

Despite the Wings’ current lack of success, with only eight points in the standings, the fans continue to display unwavering passion.

In a shift, NHL now betting on betting

Professional leagues, once plagued by allergies towards the sports betting industry, have now embraced it wholeheartedly after years.

The NHL has recently made a significant move by becoming an investor in sports betting, showcasing an evident and noteworthy shift in the league’s approach.

As part of their agreement, the NHL obtained 43,106 shares of stock in PointsBet, a company listed on the Australian Stock Exchange.

In addition, the multi-year agreement encompasses exposure on:

  • Live games being broadcasted
  • The league’s social media channels and website are examples of digital platforms.
  • Shows that air before and after a game.

This year, PointsBet Sports Bar will be the new name for a watering hole at Little Caesars Arena. Additionally, PointsBet, which already had a partnership with the Red Wings, had their digital ads displayed on the ice and on the glass behind the goals during games.

MI sportsbooks leaning into NHL betting

Operators are embracing NHL promotions to both attract customers from Michigan and satisfy the state’s passion for hockey.

There are several options available, such as:

  • BetMGM highlights parlays and props as their featured betting options.
  • BetRivers offers weekly boosts on NHL odds.
  • DraftKings offers frequent boosts to odds on a regular basis.
  • FanDuel offers insurance for the first period, which grants up to $50 in site credit for moneyline bets if your team is leading at the end of the first period but ultimately loses the game. Additionally, FanDuel provides NHL parlay insurance, refunding up to $25 in site credit if only one leg of your five-plus leg NHL parlay fails.
  • Fox Bet offers Bet Boosts and Saturday Super Boosts.
  • At Golden Nugget, you can find a variety of exciting offers such as Golden Lines specials, boosted parlays, and the famous Notorious VIG with low vig rates.
  • PointsBet offered a complimentary $25 bonus to bettors as part of their Detroit Red Wings On the House Booster. This was granted after Detroit successfully covered an 11-goal spread against Florida on January 30th. Additionally, the operator provides overtime insurance, ensuring up to $50 in free bets if your moneyline wager ends up losing in overtime or during a shootout.
  • At William Hill, you can enjoy daily boosts on parlay and prop bets.

Despite the current challenging odds for the Red Wings, hockey holds a special place in the hearts of Detroit and Michigan as a whole. The initial weeks of legal online betting in the state have already shown the undeniable passion for the beloved sport of ice hockey.

Can you please rephrase the following sentence for me? <br><br>Original sentence: “I am sorry, but I cannot attend the meeting tomorrow due to a prior commitment.”

Can you please rewrite the sentence for me?