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2021年4月23日
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FuboTV doubled down on sports betting this week, saying it could be taking bets in three states by the end of the year.
The sports streaming service announced Wednesday it secured market access for New Jersey and Indianavia Caesars. It already had access in Iowa via CasinoQueen.
The company said it aimed to launch in the three states by Q4.
“We could not be more excited to bring fubo Sportsbook to market in the fourth quarter, and today’s market access licenses for Indiana and New Jersey will help us reach even more consumers at launch,” said Fubo CEO DavidGandler.Official data for fubo Sportsbook
As part of those betting plans, Fubo has become an authorized gaming operator of Major League Baseball (MLB) and the National Basketball Association (NBA.)
That includes access to official league data and and logos within fubo Sportsbook once it is rolled out.
Notably, the company said it planned to integrate fubo Sportsbook into its live streaming platform for a “seamless viewing and wagering experience.”Is Fubo’s plan realistic?
However, gaming industry veterans voiced some concerns over those plans, starting the integrated streaming/betting app.
For one, any product that offers wagering is immediately subject to gaming regulations. That means a much more stringent sign-up process for new customers, including submitting social security details. It’s far from ideal for a streaming/media product.
That’s why a company like theScore has a separate betting app rather than an integrated one.
“Their vision is not possible,” said sports betting consultant and former FanDuel exec David VanEgmond. “They’d need to have a different signup flow to account for KYC and AML. And they won’t want to do for the FuboTV subscription product. So you’ll have to go through another signup for betting. That will be a huge friction point and barrier to conversion.”Sportsbook Live Streaming Free
Fubo declined to comment when asked about this potential issue. However, CEO David Gandler said during this week’s earnings call: “Based some of the commentary that we’ve received from regulators, we feel really good about the space.”
It’s also worth noting Fubo offers streaming via reseller agreements with US sports broadcasters. But the rights to show sports on a gaming platform are often sold separately because they need to be faster. That means Fubo would have to pay for a new set of rights.How deep are your pockets?
Finally, the company is already strapped for cash in a sector that requires deep pockets.
Fubo’s adjusted EBITDA was a loss of $43.5 million in Q4.
“I’m predicting this will not go well for FuboTV,” VanEgmond added. “The business requires exponentially more capital to scale than they anticipate. FanDuel and DraftKings acquired more players in the last several months than FuboTV has active subscribers. They just can’t compete.” Live betting;(betting on the game while it’s in progress) is offered on selected televised games. Once the game starts, a live game line will be posted on the site under ‘Live Betting’ and will be available for betting throughout the game. The linesmaker may, at his discretion, restrict betting on the live game line depending on how the game is progressing. Live bets are based on the final result of the entire game including any overtimes except live game lines on soccer matches which are based on 90 minutes’ play. (This includes any time added by the referee in respect of injuries and other stoppages). A separate Live Betting bet on Extra Time may be offered if Extra Time is played. The betting limit for the entire ‘event’ will depend on the sport. If you wish to make multiple wagers throughout the event, please make them in smaller increments that do not exceed the limit already established for that event.Sportsbook Live Streaming Online Please click on ‘Update Current Odds’ before placing your wager to ensure you have the most current changes. Quarter Lines and Live Props are also offered under Live Betting during selected televised games. A 2nd Quarter Line is offered at the end of the 1st Quarter. For NFL and NCAA football, 3rd and 4th quarter lines are offered at halftime, closed when the 3rd quarter starts, then a ’new’ 4th quarter line is offered when the 3rd quarter finishes. For NBA, at halftime only the 3rd quarter is offered. After the 3rd quarter finishes a 4th quarter line is offered.
“In the case of 7 inning double headers (as introduced in the shortened 2020 MLB season) the game must complete 7 innings, or 6 1/2 innings if the home team is leading, otherwise wagers on Money Lines, Totals, Run Lines or Propositions and Live betting will constitute a ’no-action’ wager” If scheduled TV coverage of golf is delayed due to weather conditions then all live betting for that round will be suspended.Sportsbook Live Streaming LiveDisclaimer: Management reserves the right to modify any of the aforementioned limits without prior notification.Online Bets Sportsbook Please note that all our live game statistics displayed on the website are supplied by a 3rd party provider and as such we take no responsibility for the accuracy of the scores and times displayed.
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