Get started

Betting

$DKNG Short-term Bullish, Daily TimeframeHey what's up ya'll! I hope you guys are doing well. There are many companies that are reporting earnings this week ( NASDAQ:DKNG is reporting next week Thursday, Nov 7). I'm still debating whether or not to hold contract passed earnings since it may cause a drop and I would rather exit then to hold. If I'm up at least 15% on the contract I'll put a trailing stop loss. Contract purchased: - 17 JAN 25 40c (down -5%) Entry Price: - $37.22 @ 3:34pm Rationale for contract: - Price appears to have hit a support around $36 (previous resistance) - Price hit the all-time 0.618 bullish Fibonacci - MACD curling up; blue line approaching the orange line that indicates bullishness - RSI @ 46; near the medium line of 50 Conclusion: If price goes below the previous weekly low at $36, I'll cut. If price hits $41 before earnings, I'll sell or put a 5% trailing stop loss.
NASDAQ:DKNGLong
by Brandonthrives
End of month betting odds. (Wait what? Crypto-betting?)Predicting that the BTC price will end between 40-45k for a 78% payout (may change in next 12 hours) Yeah, WIDE range on this site. I use trend analysis to calculate chance of landing within ranges. straddling 2 boxes? Use hedge. No Dutch-betting needed on this trade. Will Dutch on Ethereum trade if odds don't change in the next 12 hours. Almost zero risk. I'm also currently #1 to win $5000 referral contest this month! Ask me for referral link
COINBASE:BTCUSD
by MarkConway73
2
MGM Q4 earnings and revenue exceeded analyst expectationsThis stock has more than doubled since my first call: and now the American Gaming Association estimates that $7.6 billion will be spent in wagers on this year`s Super Bowl! That`s 78% higher than 2021. The record breaking year could mean a record price for MGM stock as well, now that MGM Resorts International is seeking more international exposure as well. MGM Q4 2021 Earnings: Adjusted EPS $0.12 vs $0.02 expected Revenue $3.1B vs $2.8B expected Las Vegas Room Occupancy Rate 86.0% vs 82.4% expected My price target is a double top at $51.20. Looking forward to read your opinion about it!
NYSE:MGMLong
by TopgOptions
$DKNG GETTING READY FOR A +40% MOVE!What Is the Accumulation Area? The accumulation area on a price and volume chart is characterized by mostly sideways stock price movement, which is seen by investors or technical analysts as indicative of large institutional investors buying, or accumulating, a large number of shares over time. Source: www.investopedia.com 1HR - Price trading sideways since late September. Analyst Price Target on $DKNG (TipRanks) High: 105 Average: 70.06 (44.01% Upside) Low: 41
NASDAQ:DKNGLong
by ivanlarav
$BETZ is below the channel, upside looks weaker$BETZ the popular betting ETF looks to be loosing some steam on the daily chart. The stock recently broke the bottom of the channel (that has a slight downward trend) and is now below the recently started 200MA. Our entry points for this stock are $25.x and $22.x ATM. Look for a continuation to these points and then a trading scenario (in either direction). We would like to see the stock distribution in the ETF changed slightly to provide possibly further growth.
AMEX:BETZ
by swimmax
BUY PENN around the $70-75 range for a move up to $105!Penn National Gaming, Inc. is an American operator of casinos and racetracks, based in Wyomissing, Pennsylvania. It operates 44 facilities in the United States and Canada, many of them under the Hollywood Casino brand. The company also controls a 36% stake in Barstool Sports. With the US consumers sitting on over $5.4 trillion of additional savings as a result of the COVID-19 pandemic we believe that Penn National Gaming will benefit from the large consumer spending spree that we expect to sweep the US in the second half of 2021. In addition to that, people who like to bet on various sporting or racing events were severely limited in terms of betting options throughout the last 12-16 months. With things slowly but surely going back to normal despite the new highly contagious Delta variant, we believe that Penn National Gaming is uniquely positioned and will likely see strong revenue and earnings numbers in Q3 and Q4. Last but not least, let's not forget that Barstool Sports is basically a digital content producing company focused exclusively on sports. Thus, with the return of the NFL pre-season starting in August and the actual season in September, Barstool will be a strong driving force for Penn National Gaming's stock moving forward. Lastly, we should also point out that Barstool Sports launched the Barstool Sportsbook back in September, 2020 which is basically a betting app, and handled over $11 million in wagers during its first week of operations! It definitely seems that the stars are aligning almost perfectly for PENN and as a result of that we believe that the stock will be trading above the $100 mark by mid-September latest. From a technical standpoint the chart also shows the presence of a strong bullish interest around the $70 level. All major daily indicators including the Stochastics, RSI, MACD and Bollinger Bands are also pointing to a strong reversal in play. Our targets for the 8-10 weeks will be $105 and $120 respectively. Good luck guys and remember to always do your own research as well!
NASDAQ:PENNLong
by DowExperts
MGMMission Statement Over the course of the last decade, MGM Resorts has engaged in a sweeping transformation, building a new Company on an entirely new trajectory and forging a single, unified vision about who we are and what we do. Our Las Vegas roots are a proud part of our history and a signature element of everything we create, wherever we may go. In our eyes, entertainment is not extracurricular – it’s a fundamental human need. Therefore, we exist to ENTERTAIN THE HUMAN RACE. Recent News: 1. DETROIT, March 31, 2021 /PRNewswire/ -- The Detroit Tigers announced today that BetMGM, a leading sports betting and digital gaming operator, has become an official gaming partner under the terms of a multi-year sponsorship agreement. Highlights of the sponsorship in the gaming category include BetMGM branding on scoreboards throughout Comerica Park, fan-focused promotions, integrated social media content, and more. 2. JERSEY CITY, N.J., March 30, 2021 /PRNewswire/ -- BetMGM announced today a multi-year deal with Audacy, formerly Entercom Communications Corp., (NYSE: ETM), designating the market-leading sports betting and gaming platform as a preferred sports betting partner of Audacy across its best-in-class sports broadcast stations, the Audacy and Bet QL apps and digital platforms, and the "BetQL Audio Network." Key partnership details include integrated content across Audacy's broadcast sports stations, customer acquisition opportunities, and talent endorsements across Audacy's wide spectrum of local and national sports betting content. 3. Prior to LPL Financial, Mochal held senior communications positions at McDonald's, ConAgra Foods and Hardee's. At McDonald's, he helped create and lead U.S. and global public relations strategies for the Olympics, FIFA World Cup, Ronald McDonald, Happy Meals, and the "I'm Lovin' It!" campaign. 4. JERSEY CITY, N.J., March 22, 2021 /PRNewswire/ -- BetMGM today announced the launch of BetMGM Poker in Michigan, giving customers access to benefits tied to MGM Grand Detroit and MGM Resorts' casino-resorts nationwide. Michigan joins New Jersey as the second state in the U.S. to introduce BetMGM Poker, the company's primary online poker offering powered by partypoker US network. This news follows the January launch of BetMGM's online sports betting and casino offerings in Michigan. 5.JERSEY CITY, N.J., March 15, 2021 /PRNewswire/ -- BetMGM announced today the signing of Jalen Rose as a celebrity brand ambassador. The Michigan basketball legend and award-winning analyst will be featured in BetMGM's upcoming marketing campaigns and participate in a variety of BetMGM fan events. Like, Follow, Agree, Disagree!
NYSE:MGMLong
by Redimere_91