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August 14, 2024

Each day we will be displaying the players and props that show the highest win rates of their current prop line at the time of posting. For example, if a player is listed with a win rate of 90% on “over 1.5 hits,” that means that in 9 out of the last 10 games they went over 1.5 hits. We’re doing some of the legwork for you, but it doesn’t mean that we’re suggesting to bet all of these. You still need to factor in match ups and other relevant information, and keep in mind that the hit rate is based on the current line at the time of posting, and is subject to change.

These are the highest percentage win rates of the top MLB player props today.

These are the highest rated win rates over the past 10 games but to see the highest edges based on our proprietary player projections click here.

Now to see the hand selected MLB player prop bets from our betting pros check them out here.

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In a surprising turn of events, DraftKings has decided to abandon its proposed tax surcharge on winning sports bets in four states. The decision came after significant customer backlash, highlighting the company’s commitment to prioritizing user satisfaction.

“We always listen to our customers, and after hearing their feedback, we have decided not to move forward with the gaming tax surcharge. We are always committed to delivering the best value in the industry to our loyal customers,” DraftKings announced via social media and an official company statement.

The announcement about the tax surcharge was initially made during DraftKings’ Q2 revenue reports on August 1. The company cited the need to recoup losses in states where sports betting taxes are higher than the national average. The surcharge was to be implemented in Illinois, New York, Pennsylvania, and Vermont to achieve an operational effective tax rate of approximately 20%.

This plan was quickly met with opposition from customers and industry stakeholders. Prominent professional sports bettor and co-founder of Unabated, Captain Jack Andrews, voiced his discontent on social media platform X:

“If you bet in IL, NY, PA, or VT get a load of this. DraftKings will be adding a SURCHARGE to be subtracted from YOUR net winnings to pay for THEIR TAX on gambling revenue. The money they make from losing bettors. Wow. Just wow.”

Other major players in the industry were quick to distance themselves from similar measures. Rush Street Interactive (RSI), the parent company of BetRivers, was the first to publicly declare it would not implement a tax surcharge on winning sports bets. RSI CEO Richard Schwartz stated, “As we put our customers first, it was an easy decision for us.”

Following RSI’s stance, PENN Entertainment and Flutter also confirmed they had no plans to introduce a tax surcharge on winning bets in any state. Flutter CEO Peter Jackson emphasized during the company’s earnings call, “We have no plans to institute a surcharge for winners.”

Similarly, PENN Entertainment CEO Jay Snowden remarked that while the surcharge was an “interesting” idea, the company would not be implementing it.

Although DraftKings has scrapped the tax surcharge plan, it is anticipated that the company will explore other cost-saving strategies. Possible measures include cutting promotional spending or reducing offers to players in New York, Pennsylvania, Illinois, and Vermont to offset the high tax rates.

FanDuel is likely to adopt a similar approach, particularly in Illinois starting in 2025. During today’s earnings call, Jackson mentioned, “Our experience is that moderating levels of generosity and reducing local marketing is the best response.”

Jackson criticized the graduated tax rate, describing it as “wrong” and arguing that it unfairly penalizes operators who have heavily invested to build a customer base. He noted that most states manage to find a balance that promotes growth and financial stability.

Both DraftKings and FanDuel are facing a 40% tax rate in Illinois, the highest in the state, applied based on their monthly sports betting performance.

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How to Bet on the NFL: Tips for Choosing the Right Sportsbook

Choosing the right sportsbook is a crucial step in your NFL betting journey. The right sportsbook can enhance your betting experience, offer competitive odds, and ensure that your funds are secure. This guide will provide you with essential tips on how to select the best sportsbook for NFL betting.

Key Factors to Consider

  1. Reputation and Reliability
  2. Betting Odds and Lines
  3. Bonuses and Promotions
  4. Betting Markets and Options
  5. User Interface and Experience
  6. Payment Methods
  7. Customer Service
  8. Mobile Compatibility
  9. Security and Licensing
  10. Reviews and Recommendations

1. Reputation and Reliability

Importance: A sportsbook’s reputation is a strong indicator of its reliability and trustworthiness.

Tips:

  • Research Online: Look for reviews and ratings from other bettors.
  • Check Forums: Visit sports betting forums to see what other users are saying about the sportsbook.
  • Longevity: Prefer sportsbooks that have been in the business for several years and have a proven track record.

Example: Sportsbooks like BetMGM, FanDuel, and DraftKings are well-known for their reliability and solid reputations.

2. Betting Odds and Lines

Importance: Competitive odds and favorable lines can significantly impact your potential winnings.

Tips:

  • Compare Odds: Use odds comparison websites to see which sportsbooks offer the best odds for NFL games.
  • Look for Reduced Juice: Some sportsbooks offer reduced juice (lower vigorish), which can save you money in the long run.

Example: If one sportsbook offers the New England Patriots at -110 and another at -105, the latter offers better value for the same bet.

3. Bonuses and Promotions

Importance: Bonuses and promotions can provide extra value and boost your bankroll.

Tips:

  • Welcome Bonuses: Look for generous welcome bonuses, such as deposit matches or free bets.
  • Ongoing Promotions: Check for regular promotions, such as reload bonuses, cashback offers, and loyalty programs.
  • Read the Terms: Always read the terms and conditions to understand the wagering requirements and other restrictions.

Example: A sportsbook might offer a 100% match on your first deposit up to $500, but it’s essential to understand the wagering requirements attached to this bonus.

4. Betting Markets and Options

Importance: A diverse range of betting markets allows you to explore different types of bets and find value.

Tips:

  • Range of Bets: Ensure the sportsbook offers a wide variety of NFL bets, including moneyline, point spread, totals, props, and futures.
  • Live Betting: Look for sportsbooks that offer in-game betting options.
  • Special Bets: Check for unique betting options, such as parlays, teasers, and round robins.

Example: BetMGM is known for its extensive range of prop bets for NFL games.

5. User Interface and Experience

Importance: A user-friendly interface makes the betting process smoother and more enjoyable.

Tips:

  • Ease of Navigation: Choose a sportsbook with a clean, intuitive layout that makes it easy to find and place bets.
  • Speed: Ensure the website or app loads quickly and performs well.
  • Features: Look for useful features such as live streaming, in-game stats, and cash-out options.

Example: FanDuel’s app is praised for its sleek design and easy navigation.

6. Payment Methods

Importance: Convenient and secure payment options are essential for managing your betting funds.

Tips:

  • Variety of Options: Choose a sportsbook that offers multiple payment methods, including credit/debit cards, e-wallets (like PayPal), and bank transfers.
  • Withdrawal Speed: Check how quickly the sportsbook processes withdrawals.
  • Fees: Be aware of any fees associated with deposits or withdrawals.

Example: DraftKings offers a variety of payment methods and typically processes withdrawals within a few days.

7. Customer Service

Importance: Responsive and helpful customer service can assist you with any issues or questions that arise.

Tips:

  • Availability: Look for sportsbooks with 24/7 customer support.
  • Contact Methods: Ensure there are multiple ways to contact support, such as live chat, email, and phone.
  • Response Time: Test the response time of the customer service team.

Example: BetMGM provides 24/7 support via live chat, email, and phone.

8. Mobile Compatibility

Importance: Mobile compatibility is crucial for betting on the go.

Tips:

  • App Availability: Check if the sportsbook offers a mobile app for your device (iOS or Android).
  • Mobile Site: Ensure the mobile site is user-friendly and performs well.
  • Features: The mobile platform should offer the same features as the desktop version, including live betting and account management.

Example: The FanDuel app is highly rated for its functionality and ease of use on mobile devices.

9. Security and Licensing

Importance: Security and proper licensing protect your funds and personal information.

Tips:

  • Licensing: Ensure the sportsbook is licensed and regulated by a reputable authority.
  • Security Measures: Look for SSL encryption and other security protocols to protect your data.
  • Fair Play: Choose sportsbooks that are transparent about their operations and have a good reputation for fair play.

Example: BetMGM is licensed and regulated by the New Jersey Division of Gaming Enforcement, ensuring a secure betting environment.

10. Reviews and Recommendations

Importance: Reviews and recommendations can provide insights into a sportsbook’s reliability and user experience.

Tips:

  • Expert Reviews: Read reviews from reputable sources in the sports betting industry.
  • User Reviews: Check feedback from other bettors on forums and review sites.
  • Recommendations: Ask for recommendations from friends or other bettors you trust.

Example: Checking user reviews on sites like Trustpilot can give you a better idea of a sportsbook’s reputation.

Conclusion

Choosing the right sportsbook is a crucial step for any NFL bettor. By considering factors such as reputation, odds, bonuses, betting options, user experience, payment methods, customer service, mobile compatibility, security, and reviews, you can find a sportsbook that meets your needs and enhances your betting experience. Remember to bet responsibly and enjoy the thrill of NFL betting.

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