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Pay Per Head Industry Celebrates Oregon Online Sports Betting Handle
Last updated on March 12th, 2022 at 07:32 am
The pay per head industry celebrates Oregon’s online sports betting handle for February. According to pay per head reports, the handle reached $39.5 million. It was 33.5 percent higher than in February 2021. However, it was 7.9 percent lower than the record of $42.9 million in January 2022.
The Oregon Lottery, in organization with DraftKings, is the authorized operator of online sports wagering in the state.
The lottery’s present Scoreboard online sportsbook software, controlled by DraftKings through its SBTech division, is in the process of being phased out. The standard DraftKings sportsbook will replace it in the state. Also, the process started on January 18. First, however, players need to make another DraftKings account and move their funds from the old sportsbook.
Pay Per Head Industry Celebrates Oregon Handle in February
Accordingly, the month-to-month results were parted in half to show action on the DraftKings sportsbook from any leftover players still with Scoreboard.
Spending with DraftKings in February added $39.2 million. Also, players placed around $273,000 through Scoreboard.
That came to $3.3 million, seeing gross gaming income, a 22.2 percent increase from $2.7 million in February 2021. Furthermore, it is 37.5 percent higher than $2.4 million in January this year. Nonetheless, it was some way shy of the $4.4 million month to month record set in November 2021.
Of the total, practically every last bit of it was credited to the DraftKings sportsbook. However, Scoreboard brought around a slight deficiency of around $8,000.
As far as movement, basketball was the most well-known sport to wager on in February. It attracted $20.2 million in bets. Football followed with $5.1 million. Lastly, ice hockey drew $4.3 million.
According to pay per head features reports, players using DraftKings and Scoreboard preferred single and teasers in February. They represented $28.1 million in wagers on DraftKings and around $267,000 on Scoreboard.
Conversely, parlay wagering on DraftKings came to $11.1 million and only $6,000 on Scoreboard.
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