Oregon’s mobile sports gambling industry gets off to a good start
The first full month of activity saw strong participation
Now that several states have taken steps to legalize and accept sports gambling within their borders, performance numbers are starting to see the light and they seem good so far. “Scoreboard” is the name of the application the Oregon Lottery launched for mobile sports wagers and, after the first month, a total of $13.1 million was played and $12.1 of that amount was given to bettors to pay out winnings.
Among all those winners, there was one lucky gambler from Oregon who transformed his investment of $5 in precious $81,965 in an impressive way by setting up a 15-team parlay. By just presenting the amount of money won would suffice, but there is also another curious factor about this bet regarding the sports chosen to place those bets. No college sports were involved nor NBA or NFL games – this parlay was set on 15 recent Euroleague women and Eurocup women basketball league games. So far, it is the biggest payout for Scoreboard in this first month.
This sports betting platform handled by Oregon’s Lottery won’t allow betting on college competitions; however, it focuses on the four major domestic leagues in the country. On top of that, it also includes games from less popular sports such as Major League Soccer, Professional Golf, Nascar and obviously, international sports. This app has a high limit on the maximum deposit being this $250,000 which raised some concerns from the Oregon Lottery that it might create a gambling problem, so close monitoring will occur. For now, the average bet is reported to be $22, which shows that mobile gambling is not creating chaos and huge amounts of debt for gamblers.