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The gaming companies have joined in. DraftKings started a social page on which gamblers can share their parlays and picks, keeping bettors in the app for longer. Since people ages 21 to 30 are constantly on social media, it makes sense for gambling companies to reach them that way.
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Magna Global in their latest ad spending forecast noted; sports betting is becoming a major category; until now local and digital media have captured the bulk of the spending, but national TV will increase its share as it is legalized in ever more states (New York this year, California and Texas possibly in 2023).
The benefit of a crowded marketplace is that it can persuade the books to offer competitive odds, lest customers bet elsewhere. Though other sites were stronger in other sports, Caesars had the best odds for NFL bets, according to a pricing analysis compiled by Action Network from January 2021 through April 2022.