Colorado sports bettors have a new live sports betting toy.
DraftKings announced last week that it is offering livestreaming sports on its app.
In collaboration with Sportradar, DraftKings Sportsbook “will provide customers with a seamless entertainment experience in one convenient location.”
With the new feature, Colorado sports bettors will be able to livestream several sporting events. Some of the sports included, as mentioned in the press release, are Korea Baseball Organization (KBO) and Bundesliga soccer (Division 1).
The release added that DraftKings would explore other opportunities as major US sports start to return.
Ezra Kucharz, the chief business officer at DraftKings, said:
“We are excited to further enhance our product offerings to include a convenient, state-of-the-art experience through live entertainment. At this difficult time for sports fans across the nation, we have extended our partnership with Sportradar to bring customers the best in-app experience from the safety and comfort of their homes, and closer to the games and players they love.”
Livestreaming
The hope is that livestreaming catches on in Colorado and the US as it has in Europe.
Multiple betting apps in Colorado do offer livestreaming. In fact, when bet365 announced its partnership with Century Casinos in May, it brought along livestreaming functionality.
“We are delighted to expand our partnership with DraftKings to include livestreaming in their mobile app,” Neale Deeley, the vice president of US sales and gaming at Sportradar, said in the release. “We share DraftKings’ vision to deliver the best possible betting entertainment experience to US bettors. And we look forward to continuing to innovate together.”
What is live betting?
Since major US sports remain on hiatus because of the COVID-19 pandemic, sports bettors in Colorado haven’t had the chance to experience live betting.
By all accounts, it’s incredibly popular with NFL fans. And that could be especially true for the 2020 Denver Broncos. Now that Drew Lock has some new toys on offense, fans actually want to bet on the team now.
Similar to betting on games before they happen, you have moneyline, point spreads, and proposition (prop) bets. Examples of prop bets are how many yards/touchdowns a quarterback will throw for, and who will win the period/quarter.
When it comes to live betting, you bet as the game is happening. At the end of each half, inning, period, or quarter, the sportsbooks release new moneyline, point spreads, and props. And, after any scheduled break, not including commercials, you’ll see those options change from the sportsbooks.
Unlike regular betting odds that don’t fluctuate, in-play odds come and go quickly.
This is where intimate knowledge of your favorite team or league can play a huge benefit. Or if you just have a gut feeling and you want to test your luck, you watch the game and a trend starts to develop or a player is hot, you can test that hunch and place a live bet. Live betting is an exciting way to not only bet on sports but to watch them.
Live betting the Nuggets
Let’s say Jamal Murray or Nikola Jokic morph into a player from NBA Jam, and they are on fire. You could live bet that Denver Nuggets action and cash in, too.
As for the Nuggets odds, they remain a long shot to win the Western Conference and NBA Finals.
NBA Finals odds
| DraftKings | FanDuel |
|---|---|
| Los Angeles Lakers: +250 | Milwaukee Bucks: +240 |
| Milwaukee Bucks: +250 | Los Angeles Lakers: +260 |
| Los Angeles Clippers: +333 | Los Angeles Clippers: +340 |
| Houston Rockets: +1300 | Houston Rockets: +1300 |
| Boston Celtics: +2000 | Boston Celtics: +2000 |
| Toronto Raptors: +2200 | Toronto Raptors: +2400 |
| Philadelphia 76ers: +2800 | Denver Nuggets: +2500 |
| Denver Nuggets: +3000 | Miami Heat: +2700 |
NBA Western Conference odds
| DraftKings | FanDuel |
|---|---|
| Los Angeles Lakers: +160 | Los Angles Lakers: +160 |
| Los Angeles Clippers: +180 | Los Angeles Clippers: +190 |
| Houston Rockets: +700 | Houston Rockets: +700 |
| Denver Nuggets: +1200 | Denver Nuggets: +1000 |
| Utah Jazz: +1400 | Utah Jazz: +1300 |
Live betting the Avs
Nathan MacKinnon is a safe bet to net close to a point per game for the Colorado Avalanche. Now that the Avalanche should return healthy, Colorado’s forward could be a fun live bet.
As for the Avs odds, they remain a heavy favorite in the Western Conference and to win the Stanley Cup. The NHL’s return-to-play plan continues to take shape and teams are closer to hitting the ice.
Stanley Cup Final odds
| DraftKings | FanDuel |
|---|---|
| Boston Bruins: +650 | Boston Bruins: +600 |
| Tampa Bay Lightning: +650- | Tampa Bay Lightning: +600 |
| Colorado Avalanche: +750 | Colorado Avalanche: +800 |
| Las Vegas Golden Knights: +800 | Philadelphia Flyers: +850 |
| Washington Capitals: +900 | Las Vegas Golden Knights: +850 |
| Philadelphia Flyers: +1000 | Washington Capitals: +900 |
| St. Louis Blues: +1000 | St. Louis Blues: +1100 |
| Dallas Stars: +1400 | Dallas Stars: +1500 |
NHL Western Conference odds
| DraftKings | FanDuel |
|---|---|
| Las Vegas Golden Knights: +300 | Colorado Avalanche: +325 |
| Colorado Avalanche: +350 | Las Vegas Golden Knights: +350 |
| St. Louis Blues: +400 | St. Louis Blues: +450 |
| Dallas Stars: +600 | Dallas Stars: +650 |
| Edmonton Oilers: +1100 | Edmonton Oilers: +1000 |
