PointsBet and the Detroit Tigers have agreed on a multi-year sponsorship deal.
The deal was signed earlier this month (July 2nd). PointsBet is now an official gaming partner of the Detroit Tigers. The Tigers are the first MLB team to partner with a sportsbook.
In order for a sportsbook to sign a sponsorship deal with an MLB team, the company first needs to become an “authorized gaming partner” of MLB. A number of bookmakers in the legal US market became authorized MLB gaming partners in 2019, including DraftKings, FanDuel and theScore.
You stake $10 on the Lakers vs. Clippers over 210 points.
If the game finishes with 225 points, you would win $150 (15 x $10 stake). You double your stake for every point the game goes over the total. However, it works both ways. If the game ended up with only 190 points being scored, you’d lose $200 (20 x $10 stake). It’s definitely a risky way to bet.
Johnny Aitken CEO of PointsBet USA | CEO Unplugged
However, using it situationally where you perceive an edge, can be very profitable.
Land-based sportsbooks in casinos launched this March, but online betting hasn’t launched yet in the state. The Michigan Gaming Control Board started accepting online sports betting operator licenses on August 30th and online/mobile betting is expected to launch later this year or early 2021.
While you’re waiting for PointsBet to launch online betting, America’s Bookie is and always has been a leading Michigan sports betting site. You can bet on all major sports around the world and they’re the only sportsbook offering a 100% free play on every single deposit in the US market.
PointsBet has a partnership with the Lac Vieux Desert Band of Lake Superior Chippewa – a Native American tribe in Michigan, which allows PointsBet to use LVD’s online licenses.
Will More Teams Sign Sponsorship Deals with Sportsbooks?
I predict that a lot more teams will want to sign sponsorship deals with licensed sportsbooks.
The additional revenues could be substantial and after a rough 2020 for MLB owners, I’m sure many of them will be looking at ways to generate more money. A lot of US states have already legalized sports betting and most legal bookies have already signed deals with MLB meaning betting on baseball should skyrocket next season.
We’re going to see a lot more sports betting advertisements at the ballparks in the next few years.
Scott is one of our newest writer and handicapper here at ScoresAndStats.com, but he has been writing sports betting content for more than a decade online. His work has been featured on many websites.
Scott is a millennial (born in 1989) who grew up in Toronto, Canada and he has never left the big city. He grew up playing a few sports (hockey, soccer and baseball) when he was younger. His favorite sport was hockey and he played goalie. He still likes to get out to the rinks to play some pick-up with his buddies.
Growing up in Toronto, Scott is a huge fan of all Toronto teams.
He watches the Maple Leafs and Raptors religiously. Scott also enjoys watching the Blue Jays, Argonauts and TFC.
His best sports memory was when the Raptors were crowned the 2019 NBA Champions. Unfortunately, he’s still waiting for the Maple Leafs to win a Stanley Cup during his lifetime.
Scott may be a diehard fan of Toronto sports teams, but he loves watching all sports. He’s a huge UFC fan (look for his UFC betting articles for most events) and he’ll watch just about anything, including tennis, golf, soccer and cricket.
Scott is a numbers guy and he likes digging deep into the statistics when handicapping games. He also likes to identify value bets in markets most bettors overlook, including player/team props.
When he’s not handicapping and watching sports, he enjoys golfing in the warmer months. He also loves burgers and poutine. Not only is that his favorite meal, but he has tried over 100 burgers in Toronto and he’s constantly looking for the best new burgers in the city.