New Jersey Sports Betting Cools Down Slightly In June With $767 Million In Bets, $5 Billion Year Well Within Reach

NJ sports gamblers legally wagered $766.9 million in June while the 19 sports betting operators reported a combined $71.3 million in revenue

The New Jersey sports betting market cooled down a bit in June but the action was still plenty hot.

NJ sports gamblers legally wagered $766.9 million last month,  according to data released Friday by the state Division of Gaming Enforcement. However, it’s hard to ignore the  $71.3 million in revenue from NJ online and retail sportsbooks.

While the monthly handle dropped 5.8% from May’s $814.3 million – fifth best month all-time in NJ sports betting history – the total amount wagered is still strong for what is typically a slower month. 

Year to date, NJ bettors have wagered nearly $5 billion while total revenue exceeds $368.3 million.

And this is before the 2021 NFL betting season even kicks off. It’s pretty much a sure bet that the first $1 billion month in NJ sports betting history will take place this fall.

Dustin Gouker, analyst for the PlayUSA.com Network, which includes PlayNJ.com says overall New Jersey continues to perform far better than every other sports betting market in the U.S.” 

 “No market can completely overcome a lack of betting inventory, but New Jersey’s sportsbooks continue to find ways to capitalize on what the sports world is offering, most notably the NBA Playoffs and baseball,” said Gouker. 

Online, mobile still rule New Jersey sports betting

New Jersey sports betting continues to be dominated by online sportsbooks. NJ’s 19 online/mobile options consistently outperform retail sportsbooks at Atlantic City casinos and NJ’s three licensed racetracks.

Based on the NJDGE figures, $683 million (89.1%) of the monthly handle were bets placed online or via mobile sports betting app. More than $62 million (87.2%) of New Jersey sports betting revenue came from online or mobile apps.

The online partners of the Meadowlands Racetrack, which includes FanDuel Sportsbook and PointsBet, generated more than $44.5 million in June. That’s more than the $24.1 million generated by all nine Atlantic City casinos combined.

Meanwhile, Resorts Digital, which includes DraftKings Sportsbook, reported nearly $13 million to finish a very distant second.

Borgata rounds out the top three with just shy of $6.85 million in sports betting revenue. This is a combination of the BetMGM and the Borgata Sports apps.

New Jersey sports betting is…unpredictable

June’s results are on par with expectations. Sports betting numbers typically start trending down after March Madness until football starts in September.

But, New Jersey sports betting has been defying the odds as of late. Even April’s $750 million handle was more than double Nevada’s average for the month.

Sports, sports, and more sports in June

Several factors likely bolstered June’s New Jersey sports betting figures.

For one, two of the three regional pro basketball teams played in intriguing playoff matchups. Ultimately, the Philadelphia 76ers and Brooklyn Nets were both bounced in the second round.

The NHL Playoffs also ran through June, providing another bump for sportsbooks.

Likewise, the UEFA Euro 2020, the U.S Open golf tournament, and two tennis majors gave gamblers even more options in June.

And finally, Major League Baseball is in full swing. With two of the three regional teams underperforming, futures bettors have likely been looking for value elsewhere.

“While the sportsbooks in most states have been scouring the sports landscape for opportunities to drive interest, New Jersey’s books have successfully capitalized on the NBA playoffs and baseball,” said Eric Ramsey, analyst for PlayNJ.com.

AP Photo/Laurence Kesterson

New Jersey Sportsbook Operators Support ‘Yes’ Vote On College Betting

New Jersey’s largest online sportsbook operators, FanDuel and DraftKings, support the November referendum to allow in-state college betting.

Voters will decide in November whether New Jersey sportsbooks can accept legal wagers on in-state college teams or collegiate events played in the Garden State.

The state Legislature approved a resolution last month in support of amending NJ’s sports betting law. So the measure now heads to the general election ballot.

Under the 2018 sports betting law, gamblers cannot bet on NJ schools, such as Rutgers, Seton Hall, or Princeton. The law also prevents wagers on collegiate tournaments or events held in New Jersey.

The two largest New Jersey online sportsbook operators, FanDuel and DraftKings, fully support the changes. Both operators told NJ Gambling Sites that the state’s current prohibitions undermine the goal of sports gambling legalization and regulation.

New Jersey sportsbooks can’t offer Rutgers, Seton Hall games … for now

Lawmakers are hoping to change the law before the NCAA Men’s Basketball Tournament comes to Newark’s Prudential Center in 2025.

Last year’s tournament appearances by the Rutgers Scarlet Knights and Seton Hall Pirates helped move the needle in favor of change.

New Jersey sportsbooks have also missed out on the Metro Atlantic Athletic Conference basketball tournament. Atlantic City’s Boardwalk Hall has hosted it for the last two years.

“Events and tournaments such as March Madness are highly anticipated by sports bettors all over the country,” NJ Assembly members Eric Houghtaling and Joann Downey said in a joint statement after the vote. “With a majority vote, we will be able to give the people in New Jersey the opportunity to place wagers on our collegiate teams and continue to enjoy the sporting events in our state.”

FanDuel says changes will benefit NJ, bettors

New Jersey is currently the largest sports betting market in the U.S. Since 2018, more than $15.97 billion has been legally bet with New Jersey sportsbooks. Nevada’s sportsbooks have taken just under $15.5 billion in wagers over the same time.

However, it’s no secret that online sports betting accounts for more than 90% of all wagers in NJ. FanDuel Sportsbook and DraftKings Sportsbook are the largest of NJ’s online operators.

“We are supportive of including college sports in legalized betting states,” FanDuel said in a statement to NJGS.

“Without including it, you leave college sports betting to the illegal, unregulated market, depriving states of revenue both directly from college sports betting and from users who don’t convert to the legal market for other sports because it doesn’t include college.”

DraftKings wants college betting barriers broken down

Similarly, DraftKings — the first NJ online sportsbook — endorses the November amendment.

“New Jersey has been at the forefront of legalized sports betting in the United States and we commend the efforts of lawmakers there for exploring ways to safely enhance the sports betting experience,” said Griffin Finan, vice president of government affairs and associate general counsel for DraftKings.

“We are hopeful that voters in the Garden State vote yes to approve the amendment on all college sport or athletic events.”

The American Gaming Association, the lobbying arm for U.S. gambling, has long advocated for regulated sports betting as a means to eliminate offshore and illegal bookmakers.

“DraftKings believes that creating artificial barriers for customers such as restricting markets on in-state college teams and college events hosted within state lines, deter bettors from moving to the legal market and ultimately minimizes revenue opportunities for the state,” Finan said.

NJ sports betting ballot referendum language

So what exactly is the question that will appear on the November ballot?

Well, you can read the full details here.

Basically, the main question will be: “Do you approve amending the Constitution to permit wagering through casinos and current or former horse racetracks on all college sport or athletic events?”

The interpretive statement reads, in part: “This amendment would allow the Legislature to pass laws permitting wagering on any college sport or athletic event. It would permit wagering even if a New Jersey college team participates in the competition.”

Talk about a meaningful 2021 Election Day. The question will be appearing on the same ballot as the gubernatorial race.

AP Photo/Frank Franklin II

NBA Playoff Odds Shifting At NJ Online Sportsbooks After 76ers And Nets Are Eliminated

The Philadelphia 76ers and Brooklyn Nets missing the NBA Eastern Conference Finals left NJ sports bettors stranded with losing tickets.

So much for the best-laid plans. New Jersey online sports bettors had long penciled in the Philadelphia 76ers and Brooklyn Nets to meet in the Eastern Conference Finals of the NBA playoffs.

That will only happen now if they go to the same game, as spectators.

The Milwaukee Bucks and the Atlanta Hawks clash in the most unlikely Eastern Conference finals starting Wednesday. They shocked the Nets and Sixers respectively, taking two highly-favored entities out of the playoff picture with Game 7 road victories.

NJ sports betting customers hardly expected to see this series matchup at DraftKings:

Milwaukee is -480 (and the +100 favorite to win the title). 

Atlanta comes in at+350 (and +1100 to win the championship).

FanDuel Sportsbook offers up these series score scenarios after three games:

  • Milwaukee 2-1, +110
  • Atlanta +2-1, + 320
  • Milwaukee 3-0, +225
  • Atlanta 3-0, +1800

Or the length of series prediction:

  • 4 games, +420
  • 5 games, +190
  • 6 games, +240
  • 7 games, +250

Expect individual game props on Trae Young of the Hawks, Giannis Antetokounmpo for the Bucks, and others.

They will be enticing.  They just won’t be the Sixers or Nets.

Elimination of 76ers and Nets means new Cinderella stories

It’s probably numbing for New Jersey bettors to see that the Bucks became the early-week NBA title favorite at William Hill at +105, followed by the Phoenix Suns at +150. The Los Angeles Clippers are next at +800, while the Hawks are the biggest longshots at +1100.

With so much expected of the Nets and 76ers, no wonder the Suns, who opened the season at +5000 and the Hawks, at +15000 (150-1) are big stories now

The Bucks’ highest title odds at any point were +1600 on June 10, when they were trailing 2-0 to the Nets in the Eastern Conference semifinals. The Clippers were at +1700 back in late May, and were at +1600 on June 12, down 2-0 to the Utah Jazz in the Western Conference semifinals.

The other two teams possessed much longer odds at certain points of the season.

The Suns were at +5000 (50-1) when their NBA title futures were released on Oct. 12, as well as in February.  Meanwhile, the Hawks were displayed at +50000 (500-1) from Feb. 28 to Mar. 20.

There are some large bets at both William Hill and DraftKings Sportsbook on the Hawks to win everything, prompting liability to ride above $1 million. But none came from New Jersey.

These are the stories New Jersey bettors were certain they would not discover when the NBA Playoffs began. 

But that’s why they play the games.

The sad irony of Philadelphia 76ers

By winning the Eastern Conference regular-season crown, the Sixers supposedly did themselves a favor. As the No. 1 seed, they positioned themselves to avoid the Nets and Bucks in round two.

So according to the hypothetical blueprint, they would cruise past the Hawks and hope the Nets and Bucks had a long, drawn-out series.

They got the drawn-out series from the Bucks and Nets. But it didn’t matter. They didn’t win their own series, even dropping three games at the Wells Fargo Center. 

Sixers and Nets bettors are now dealing with the aftershock.

How unlikely was it for the Nets and Sixers to both lose Game 7 at home?

In Game 7 NBA matchups, higher-seeded teams were 109-31, a clip of nearly 78%. And two home favorites lost on consecutive nights.

The big money was on the Nets and Sixers. But the smart money was ultimately wagered on the contrarian angle.

NBA betting winners and losers from the weekend

Clearly, backing the underdogs is paying off for NJ online bettors.

The Nets had 74% of the DraftKings wagers at -2 and 71% on the moneyline at -114. Those who had the guts to take the Bucks on the road, in the finale of a series in which every home team had won, prevailed.

DraftKings betting reflected a “jump ball” between the smaller and larger bettors in the Sixers-Hawks finale.

The Hawks obtained 59% of the spread bets at +6.5

But the Sixers garnered 57% of the revenue, meaning that the big money lined up behind Philly.

PointsBet NJ reported a similar phenomenon. A full 66% of the bets landed on the Hawks +7 but 62% of the money was on the Sixers. 

The public prevailed, the sharps lost.

As for the series, anyone who took the Hawks at +500 at DraftKings, where they drifted to midway through the Sixers series, obtained a huge score.

NJ online sportsbooks are winners, too

 Nobody danced in the aisles more than executives at DraftKings, William Hill, BetMGM, FanDuel, etc. This is their all-time slam-dunk success story because their major, multi-million-dollar liabilities were eliminated.

The Los Angeles Lakers bowed to the Phoenix Suns in Round 1.

The Nets had been the perennial championship favorite most of the year. They took enormous money after spending $115 million to obtain the league’s best three players in Kevin Durant, Kyrie Irving, and James Harden.

The Sixers did not approach this betting level, but they did win the Eastern Conference regular-season championship and their post-season odds had ticked downward once the Nets looked vulnerable because of injuries in the Bucks series.

Yes, DraftKings has a $1 million liability on the Hawks to win everything, based on one $50,000 wager, at +2000, but that’s better than having the Sixers in contention.

Losers: 76ers, Nets come up short

Rarely has “a game of inches” meant more than in the Nets loss Saturday.

The Nets nearly stole the series with one second left in regulation.  When they trailed 109-107, Durant hit a miraculous buzzer-beater that was called a three-point shot on television.

And it looked that way. But replay confirmed that Duran’s feet touched the three-point line where he launched the shot, and it was ruled a two-pointer, thus overtime.

How the Nets only scored two points in overtime is another story in their 115-111 loss.

Durant played the game he was brought in for, delivering 48 points and big bucket upon big bucket. At least the Nets bowed in a great game.

Meanwhile, the Sixers just bowed.

After blowing whopping leads of 18 and 26 points in consecutive setbacks to the Hawks, the Sixers had previously choked. In losing to 103-96 Sunday, they simply looked not good enough.

Certainly not mentally tough enough.

At critical junctures in Game 5 and 7, they committed fouls on 3-point attempts, resulting in three free throws. When it happened Sunday, turning a one-point deficit into a four-point, two-possession game in the final minute, it signaled the end.  Joel Embiid then lost the ball, and it was over.

The Sixers were atrocious in crunch time in the fifth and seventh games. Shot selection was bad, as their big men needed to play closer to the basket to get to the free-throw line.

Highs and lows of prop game

Props can keep you on the edge of your seat.

A weekend offer from William Hill on the Nets and Sixers games certainly did.

Combined with a $50 wager, it awarded a $100 free bet if any member of the covering team had a player with any total – points, rebounds, or assists – landing on seven.

Some New Jersey bettors wished William Hill had a bad-beat committee after Saturday.

Brook Lopez of the Bucks had 17 points and the Bucks were about to win by two points over the Nets. With three-tenths of one-second remaining, not even a full second, just a fraction, an inbounds pass came in, Lopez was fouled and it was considered intentional. 

This produced a technical foul, bringing Lopez to the line, where he hit two of three free throws. Goodbye $100 freebie.

And that was the second part of the Bad Beat. Durant’s terrific game-tying two-pointer came with one foot on the three-point line. If he’s a couple of inches back, the Nets win the game and series by one point and the Bucks, at +2, would have come through on this promotion.

So close.

One night later, however, the Hawks produced on that prop. 

Many astute New Jersey online bettors played this promotion both nights and ultimately prospered.

Dreamstime Photo

 

New Jersey Sportsbooks Report Nearly $815 Million In May Bets, Fifth Best Month All-Time

NJ sports betting market took in more than $814 million in May bets, good enough for fifth-highest month since its June 2018 launch.

The NJ sports betting industry posted one of its best performances in May 2021, a fitting way for the state to approach the third anniversary of the first legal bet.

Garden State sports bettors wagered more than $814.27 million last month, according to data released Wednesday by the state Division of Gaming Enforcement. New Jersey sportsbooks reported nearly $52.9 million in revenue in May 2021.

May’s handle was the fifth-highest on record since sports betting went live in June 2018. The reported sports betting revenue was the fourth-highest monthly total.

More than $4.1 billion has been legally bet with New Jersey sportsbooks in 2021.

NJ sports betting continue to raise the bar

Between June 14, 2018 (NJ’s first legal bet) and May 2021, over $15.97 billion has been wagered on sports in the Garden State.

Legal sports betting has generated $139.56 million in taxes for state coffers. New Jersey sportsbooks have reported nearly $1.1 billion in gross revenue over that time.

“New Jersey sports betting market has not only grown into the largest market in the U.S., but it has evolved into the market that is least affected by the seasonalities of sports betting,” said Eric Ramsey, analyst for PlayNJ.com. “No market can escape the ebbs and flows of sports betting, but New Jersey has become remarkably consistent.”

FanDuel, Meadowlands lead NJ sports betting pack

New Jersey sportsbooks saw most of their action electronically last month. More than $734.65 million (90.2%) was wagered online or with a mobile app, according to the NJDGE reports.

As of now, there are 19 online/mobile sports betting options in NJ. Several more will launch later this year.

Meadowlands Racetrack (FanDuel Sportsbook/PointsBet) topped the online market with $29.8 million in gross revenue, according to the state data.

Resorts Digital, which includes DraftKings Sportsbook and FoxBET, reported $9.5 million in May.

Revenue results for the rest of NJ’s online/mobile operators:

  • BetMGM/Borgata: $4.7 million
  • Monmouth/William Hill/SugarHouse/TheScore: $1.8 million
  • Ocean Casino/William Hill/Tipico: $1.3 million
  • Caesars Sportsbook/WynnSports/888sport: $518,217
  • Hard Rock/Bet365/Unibet: $508,488
  • Tropicana/William Hill: $48,000
  • Golden Nugget/BetAmerica: -$87,211

NBA Playoff betting boosts retail totals

The nine Atlantic City casino sportsbooks and three racetracks reported more than $79.6 million in legal wagers last month.

The monthly handle is up nearly $13 million from April 2021. That could be an indication that in-person activities are returning as COVID-19 restrictions in NJ loosen.

New Jersey sportsbooks also had the added benefit of three regional basketball teams in the NBA Playoffs. The Philadelphia 76ers and Brooklyn Nets are still playing in the second round. Meanwhile, the New York Knicks took an early first-round exit.

“Success from regional teams almost always gives a market a boost, and basketball is particularly popular with New Jersey bettors,” said Dustin Gouker, analyst for PlayNJ.com. “Even more, after a year of strict capacity limits and with so many regional favorites in the NBA Playoffs, bettors seemed particularly motivated to get out and place a bet. All of it is great news for a gaming market on the mend.”

AP Photo/Matt Slocum

NBA Playoffs: Kevin Durant, Brooklyn Nets Looking To Take 3-0 Advantage Versus Bucks

The NBA Playoffs continue Thursday night with the Milwaukee Bucks hosting 2021 championship betting favorite Brooklyn Nets in Game 3.

Even a casual fan watching the NBA Playoffs has to be coming to the same conclusion as New Jersey sportsbooks.

The Brooklyn Nets (+110) are winning the 2021 NBA Championship.
The odds-on favorite Nets are toying with Eastern Conference opponents right now, similar to how a cat plays with a dead mouse.

Five of the team’s six playoff wins have been by double-digits.
Monday’s night dismantling of the Milwaukee Bucks in Game 2 at Barclays Center was clear and convincing evidence that this team is nearly unstoppable

The Nets led by as many as 49 points in the fourth quarter and won by 39.
And Brooklyn staged that performance with one of its Big Three in street clothes.

Yikes.

NBA Playoffs continue Thursday night in Milwaukee

The Nets have a 2-0 lead in the best-of-seven series. Game 3 tips off at 7:30 p.m. on Thursday at Milwaukee’s Fiserv Forum.

Brooklyn will be without James Harden and Jeff Green on Thursday night.
The Bucks are a 3.5 point favorite at BetMGM and DraftKings Sportsbook,  at least as of mid-afternoon Thursday.

Two-time NBA MVP Giannis Antetokounmpo is set at over/under 32.5 points at FanDuel Sportsbook. Milwaukee’s leading scorer averaged 28.1 points per game in the regular season. That number dips to 24.3 PPG in the playoffs.

For a Greek Freak combo points and rebounds, FanDuel set the over/under at 45.5.

Over/under for Game 3 ranges between 233.5 to 243.5 points at most NJ online sportsbooks.

BROOK-LYN, BROOK-LYN

Nets superstars Kevin Durant and Kyrie Irving are both projected to have big games, too. Durant’s over/under is 32.5 points, while Irving’s posted line is 28.5 points at DraftKings. The over is -106 and the under is -121 for both players.

Durant, Harden, and Irving averaged 85.2 points in the first-round series against the Boston Celtics. It is the highest-scoring series for a trio in NBA history, according to Elias Sports Bureau.

With or without Harden, Durant is playing like the guy who won 2017 NBA Finals MVP with the Golden State Warriors.

Through the first seven games of the 2021 postseason, Durant is putting up otherworldly numbers. He is shooting 55% from the field and 50% from 3-point range, both career playoff bests. His 32 points per game are the third-highest of his postseason career.

And if Durant keeps putting up these numbers, the rest of the remaining NBA team will have a tough time stopping his Nets.

Dreamstime Photo 

PGA Championship Weekend Sets Stage For Another Round Of Major NJ Golf Betting

The PGA Championship begins today at the Kiawah Island Resort Ocean Course, and NJ golf bettors can choose from an extensive props menu.

Rory McIlroy’s first start off a recent win and Jordan Spieth’s quest for a fourth major highlight the NJ golf betting angles for Garden State online sports gamblers with the PGA Championship.

The circuit’s second major unfolds Thursday-Sunday from the Kiawah Island Resort Ocean Course in South Carolina.

How to Watch:

Thursday and Friday: 1-7 p.m., ESPN
Saturday and Sunday:10 a.m.-1p.m., ESPN, 1-7 p.m. (CBS)

McIlroy, Spieth well-represented at major NJ online sportsbooks

Heading into Thursday first-round action, DraftKings Sportsbook  has McIlroy as the favorite at +1150

Jon Rahm and Justin Thomas, both at+1450, are next.

Spieth, +1500, and Bryson DeChambeau, +1650, round out the top five.

McIlroy also tops the William Hill NJ board at +1100.

Rahm is second at +1400 followed by Spieth and Thomas, both at +1600

Dustin Johnson and  DeChambeau sit at +1800.

PGA Championship prop betting

NJ golf bettors can find good value in the Top 5 and Top 10 spots at William Hill.

McIlroy pays +250 for Top 5 and +130 for Top 10.

Spieth returns +300 and +163, respectively, for the same two categories.

FanDuel Sportsbook has McIlroy the favorite at +1100 and provides a little more value for Spieth at +1800.

It also fashions an excellent prop-wagering menu.

There are matchups for two, three, and four individual players.

Can players obtain a bogey-free first round on this difficult golf course? Spieth is +1400 to do that, and he’s the favorite.

Spieth is also +470 to obtain a bogey-free round in the tournament.

This prop offers strong betting value for any player you choose.

BetMGM offers a prop for Hideki Matsuyama, Patrick Reed, and Tony Finau all to make the cut at+140.

And here is a little wagering nugget: Several attractive props involve Dustin Johnson. But beware that he withdrew from last week’s Byron Nelson with a sore knee and could be nursing it here.

There is a wealth of betting opportunities before and throughout the tournament. The PGA has become one of the highest revenue-producing sports for the books because of its ability to generate both props and daily wagering.

Betting options before the tournament include:

  • Win, Top 5, Top 10 finishes
  • Golfers to make or miss the cut
  • Nationality props
  • First-round leader
  • Individual matchups

Also, bets can be made throughout the weekend. They include:

  • New individual head-to-head matchups
  • Odds to win adjusted on a daily basis.
  • Scores on an upcoming hole

Golfers in PGA Championship spotlight

McIlroy tries to parlay his Wells Fargo tour victory two weeks ago into a PGA Championship.

He snapped an 18-month winless drought by turning in an excellent performance and landed atop the leaderboards of major sportsbooks this week.

Spieth, meanwhile, seeks a personal grand slam.

He tries to become only the sixth player to win all four PGA majors, The Masters, PGA Championship, U.S. Open, and Open Championship, in his career.

He would join Ben Hogan, Gene Sarazen, Jack Nicklaus, Tiger Woods, and Gary Player.

Ocean Course is a PGA Tour beast

There are some PGA Tour courses players dominate and win tournaments with scores greater than 20 under par.

This is the opposite. Players are on the defense here and victory may be determined by pars saved rather than birdies made.

McIlroy won the PGA Championship when it was last held at this course in 2012. He notched a final total of -13, but most of the field barely broke par.

Nineteen players finished between -5 and -1. The majority of the field was even or over par.

Credit that to the course, which fashions imposing length and a myriad of wind changes.

It is spectacular and scenic, and the longest on the tour at 7,876 yards. On several occasions, Golf Digest has ranked it the toughest course in America.

“When the wind is blowing, par on many of the holes is an excellent score,” one Golf Digest panelist wrote. “If your idea of a good time is a fistfight, this is the place for you.”

Finding value beneath the big names

Johnny Avello, the director of race and sportsbook operations for DraftKings, told NJ Gambling Sites that victory could be a matter of survival.

“The winds come one way one moment and they are different the next moment,” he said. “This week is not about the long hitter. It’s about the guy who can control the swing, stay on the fairway, and hit good, accurate shots.

“The winner might be 3 or 4 under. It’s a whole different type of strategy this week.”

Avello believes some exceptional value lies just beneath the big names. He cited Patrick Cantlay at +4500 and Matsuyama at +3500. Matsuyama won The Masters, the PGA’s first major, in April.

Although McIlroy is a popular player, golf still lacks a personality with the charisma of Woods. Tiger Mania rippled across the gallery, television screens, and, in the earliest legalized sports wagering era, the books.

“People flocked to Tiger because he was on the leaderboard every week,” Avello said. “There’s just been nobody like him. These days you might have a guy who puts some great holes together and you see people cheering, but he’s not there the next week.”

Momentum bettors will like the recent performance of McIlroy’s tour victory and Spieth’s solid ninth-place finish last week at the Byron Nelson.

“We lose pretty good with Rory, so I lowered him again on Monday,” said Nick Bogdanovich, director of trading for William Hill US. “People just think he’s back in stroke. Right now, we lose with him, Spieth, and Justin Thomas among the top guys. Once we get more money in the pot, which will pick up fast this week, I still don’t think we’ll get out with Spieth—we’ll lose with Spieth regardless.”

Set your PGA betting calendars

The PGA Majors schedule links April-July for sports bettors. They also act as a hub for tour players, impacting the size of fields directly before and after they unfold.

The next major is the U.S. Open, June 17-20 from Torrey Pines in California.

Then comes The Open July 15-18 from Royal St. George’s in England.

AP Photo/Matt York