Super Bowl Prop Bets Approved in Indiana
With the Super Bowl set to take place next month, sports betting operators across the United States are gearing up to offer betting options. In Indiana, the Gaming Commission recently approved a list of prop bets for the big event. Sportsbooks can now offer the option, from coin toss wagers to a celebration involving Gatorade.
Prop Bet Offerings
If you are unfamiliar with the term prop bet, it is used to describe a wager regarding an occurrence or a non-occurrence within a game that does not directly affect the outcome. Such wagers can be a fun way to enjoy sports betting along with the more traditional wagers.
In Indiana, players visiting casinos during the Super Bowl will be able to wager on the outcome of the coin toss between the two teams as well as if there will be a flea flicker play, the color of Gatorade used during celebrations and who the Super Bowl MVP will thank first.
Players often enjoy this type of wagering when their team is in the game, but rarely wager large amounts as the odds are high for the bet to lose. This type of wager is new in the state but last year, New Jersey offered several similar bets during the Super Bowl.
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This type of wagering also offers only a few hundreds each per wagering, since they are fun option instead of what is regularly on the sports betting menu.
New License Holders
The sports betting industry in Indiana continues to grow as more operators are gaining licensing approval from the Commission. Just this week, BetIndiana and BetMGM were approved. USA Sports Gaming is the parent company of BetIndiana, working with Hard Rock Casinos in the state to offer services. The brand will provide online sports betting.
The platform of the brand will be powered by Sportradar. The company provides not only betting platforms but also data collection and reporting on major sports leagues. It is unknown when the site will launch.
For BetMGM they will be working with GVC Holdings and is course the child of MGM Resorts. The license holder partner for BetMGM is Belterra Casino, a venue located in Florence. The license is available due to a partnership between MGM and Boyd Gaming, the operator of Belterra.
It is unclear if these two sportsbooks will be offering services in time for the Super Bowl which takes place on February 2nd. BetBull SBK Sportbook and PointsBet are set to launch as well online and are looking to be live before the big event begins.
If the brands are able to get online they should see a huge influx of wagers as players in the state take part in the new industry. However, rushing might not be a good idea and could pose problems for the new operators as they get started offering sports betting.
Only time will tell if any of the above operators will be good to go for the upcoming Super Bowl Sunday. We will stay tuned and report if any additional details are provided.