Sports
PENN MovementPenn National Gaming (PENN) has been a great mover in the past few months going from mid-March lows of around $4 all the way up to $40. Since then, PENN has been in a nice consolidation with a good resistance around 27.50. PENN has formed a nice falling wedge chart pattern over the past 10 days, and could look for an upward breakout out of the pattern. With a breakout, PENN could look to retest the $35 area and possibly to $40.
💰 Habib says that money is good? What do you think?🥊Khabib Nurmagomedov is a UFC champion who has not suffered a single defeat in his entire career! ⠀(Images in comments with links)
🎤 The Russian fighter of the mixed martial arts acting under the auspices of UFC-the current champion in lightweight expressed so the attitude about money: "I like money. Who's to say he doesn't like them? If you constantly think only about money — it's bad. Wealth makes it possible to help people." ⠀
⠀
🤼 As of March 30, 2020, Khabib holds the second line of the official UFC rating among the best fighters regardless of weight category. By the way, we calculated his statistics of all performances, and calculated that if you constantly bet on the victory of Khabib in all fights, you could start with just 1 million rubles in 8 years to earn 127 million rubles, provided you reinvest all profits. Look at the photos.⠀
Do you think money is as important as Khabib says or not? Do they make people better or worse?⠀
Is it possible to make a fortune on sports betting, or only on the stock exchange, stocks and securities?⠀
PS: Not so long ago, I saw a great opportunity to earn almost no risks +10% of the capital on bets, and wrote about it to my friend trader, so he told me that for him, sports betting is like a casino. Although I believe that the same way you can calculate the probability and earn. See the conversation on the screenshot.
DKNG Scalp trade and Long term plansDraftKings Inc. operates as a digital sports entertainment and gaming company. It provides users with daily sports, sports betting, and iGaming opportunities. It is also involved the design and development of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products.
I like this as a long term company too but we missed the opportunity to buy the dip.
Long term, i would pick some more up at $11.
Short term, there's a quick scalp opportunity
Buy at $21.90
Stoploss at $20.90
target $23.90
We got some possible bullish catalyst coming up with ufc fighting starting up again.
Draft Kings seems like it has no endAfter looking at DKNGs chart it seems like the rally is JUST beginning.
There seems to be a lot of support around the $17-$18 area so if it does drop again around that price snatch it up, FAST.
Because this seems like a rocket that isn't going to stop anytime soon
Looking at momentum MACD and Accelerator Oscillator, everything is looking extremely bullish.
You can easily trade this pair if it keeps hitting low $20 Highs and $17 lows as the long term for this pair seems extremely bullish
Market cap, it can easily grow into a 10x company in 5 years. Gambling/betting on e-sports, traditional sports, and rumors of gambling on basically anything that can be bet on, this is your play. Never bet against America gambling their own money to make more money. Look at Vegas.
We will evolve into a more casual gambling society imo where vegas like plays can be made through DKNGs
especially once they implement Crypto betting and possibly be legal in more than just 5 states.
DKNGs is looking at nothing but potential upwards and in a few years it can easily be a trillion dollar company and the monopoly for online gambling on anything related to sports
Basic-Fit ascending triangle, bullish at openEURONEXT:BFIT is making a beautiful ascending triangle on a good volume. This is my top pick to watch and go long because it has enough fuel left. Lost over 70% of its value because of the Coronavirus but it's a great growth company (successful gym business in Europe). You can trade Basic-Fit on the Dutch Euronext stock Exchange (Amsterdam).
NETFLIX NEEDS TO BUY ViacomCBS (VIAC) - GREAT COMBINATION! The mega deal, CBS / Viacom, is finally done but now we have ViacomCBS sitting at just 5x earnings.
Netflix could gobble up ViacomCBS without hesitation.
If Netflix bought ViacomCBS (VIAC), it would create a mega media mogul. With the purchase of ViacomCBS, Netflix would cut it's royalties / expenses because it would then own a mega selection of content.
Also, with ViacomCBS in the sport betting industry, Netflix could open up sports betting in its app. which could generate billions in profits for Netflix.
National Amusements / The Redstone family are in full control of ViacomCBS and with that said, the family is always looking for the next mega deal!
Netflix has a market cap of around $162 Billion while ViacomCBS is sitting at around $21 Billion.
Netflix could swallow up ViacomCBS without a blink of the eye and create a media giant that almost no other could compete with.
A letter was recently sent to the Netflix board of directors asking the board to look at purchasing ViacomCBS and cut the cost / expense of royalties Netflix pays out for content.
Lets see what happens!
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This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from
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Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
$150 BILLION INDUSTRY. 5x EARNINGS. DIRT CHEAP, STRONG BUY -READCBS Sports Partners with William Hill. It's the Latest Media Company to Embrace Sports Betting. -- Barrons.com
Mentioned: VIAC VIACA
By Nicholas Jasinski
ViacomCBS' sports division will join with U.K. bookmaker William Hill on creating sports betting content across its digital and television platforms. It follows Fox Corp's deal with Stars Group on FOX Bet. Anticipated growth in sports betting in the U.S. is a part of many investors' bullish theses for media companies that broadcast live games. Announced on Monday evening, the agreement will give CBS Sports (ticker: VIAC) access to William Hill's (WMH.UK) betting odds, data, and sports books to be used in its TV programming and online offerings. CBS' main sports offerings include NFL games and the NCAA men's basketball championships -- the March Madness tournament. William Hill will be able to exclusively promote its brand on CBS Sports' website and on its fantasy sports platform, which have more than 80 million users a month, according to the company.
"The power of our distribution, combined with the strength of our brands and the expertise of William Hill, has us well positioned to tap into the explosive growth of the legal sports betting industry in the U.S.," said CBS Sports Digital Executive Vice President Jeffrey Gerttula in a statement. "Together, we will deliver even more value to this rapidly growing segment of sports fans."
The offering will have a limited launch in March, followed by a full rollout this summer. Financial terms of ViacomCBS' partnership with William Hill weren't disclosed. Sports betting is now allowed in 20 U.S. states with more on the way. The Supreme Court struck down a federal law banning sports betting across most of the country in May 2018. A recent Barron's cover story examined the booming industry, which could have a potential market as large as
$150 billion annually.
Fox Sports (FOXA) already has a deal with the Stars Group (TSG), an online poker leader. Stars plans to merge with Flutter Entertainment (FLTR.UK) -- the owner of Fan Duel -- after which Fox will have the option to buy 18.5% of Flutter. Fan Duel and DraftKings are the two leading online sports betting platforms in the U.S. (Fox has common ownership with Barron's parent company, News Corp.)
DISCLAIMER
This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from
negligence, accident or any other cause.
Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
VIAC ANNOUNCES SPORTS BETTING! UNDERVALUED STOCK, STRONG BUY!Today after the market closed, VIACOM announced a sports betting deal with William Hill - As many know, Sports Betting is becoming legal statewide & it's a multi-billion dollar industry.
Feb. 10, 2020 – LAS VEGAS – CBS Sports and William Hill, America’s leading sports book operator, today announced a strategic partnership that makes William Hill the Official Sports Book and Wagering Data Provider across all CBS Sports platforms. The deal will reimagine fan engagement through a unique integration of sports betting, media, product and technology. The partnership will tip off with initial integrations in March on CBS Sports digital platforms, with a full rollout planned for the fantasy football season.
The partnership extends CBS Sports’ digital leadership in the sports betting space, and allows for the creation of even more relevant content across its wide array of platforms. CBS Sports will utilize William Hill’s odds, experts and more than 140 sports books to bolster its current digital offerings, delivering deeper information and programming produced from William Hill sports books across the country, and further engaging sports bettors and fans. In addition, the partnership includes opportunities to feature William Hill data, odds and markets across CBS television programming.
William Hill will receive exclusive rights to promote its brand across CBS Sports’ broad range of digital platforms, including through CBS Sports Fantasy, one of the largest fantasy platforms in the world, resulting in highly efficient customer acquisition for the sports betting company.
“We’re thrilled to launch this momentous partnership, which will allow us to deepen our investment and further extend our leadership in delivering multiplatform sports wagering content, while providing William Hill with unprecedented reach for their market-leading betting platform as they continue to grow their industry-leading U.S. business,” said Jeffrey Gerttula, Executive Vice President and General Manager, CBS Sports Digital. “The power of our distribution, combined with the strength of our brands and the expertise of William Hill, has us well positioned to tap into the explosive growth of the legal sports betting industry in the U.S. Together, we will deliver even more value to this rapidly growing segment of sports fans.”
PRESS RELEASE: www.viacomcbspressexpress.com
We feel VIACOM is undervalued at current prices making it one of the most compelling stories / stocks for 2020
At less than 5 times earnings, the stock is dirt cheap!
DISCLAIMER
This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause.
Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice.
In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
Cryptocurrencies’ Opportunity In BettingBack in July, you may have seen an article posted here about cryptocurrencies’ place in the sports world . As detailed in that piece, teams and leagues in everything from European football to the NBA to kickboxing have explored various forms of investment in cryptocurrencies, leading many to believe that sports will continue to provide exciting opportunities on the digital currency front. In this piece, we want to expand on this idea by highlighting, in addition, to the exciting opportunities that the sports betting business can provide for cryptos.
The Basic Perks Of Cryptos
We tend to focus so much on cryptocurrency pricing these days that we forget about its basic appeal to users. Broadly speaking, it’s still the case that most consumers know relatively little about cryptos, or know a little bit but find them confusing or unnecessary. However, those who do understand cryptos and recognize their benefits tend to count instant settlement and fraud protection among the perks . These perks can be applied to a lot of different usage opportunities, naturally, but efficiency, security, and transparency are of particular importance to people betting online. While today’s sportsbook and casino sites tend to be fairly secure, there’s a history of less-than-reputable operators in this industry, which leads customers to be on their guard. So, in theory, instant settlement and fraud protection can be reassuring and appealing to sports bettors.
The Expanding Betting Business
If we’ve established why cryptos can be of interest to bettors, it’s also worthwhile to discuss where those bettors will do business. And the answer to that prompt is that there are betting opportunities in more places seemingly with each passing month. Sportsbooks have operated in Europe, in Oceania, in parts of Asia, and on islands around the world for many years now. More recently, U.S. laws have changed and sites are emerging in certain states as well, meaning Americans, too, will soon have widespread access to sportsbooks. Also of note is that these sportsbooks operate about as much through mobile channels as on the internet now, which serves to further expand access. All things considered, this is a growing and increasingly active business.
The Clear Opportunity
What the two points above illustrate is that betting – like the sports industry as a whole – represents a major opportunity for cryptocurrency. Cryptos are a natural fit for people who are looking to place bets as securely and efficiently as possible. And with the expanding industry, there are only going to be more and more bettors who fit that description. This suggests that if and when prominent sportsbooks choose to adopt cryptos, usage could take off.
AOBC retracement offers buying opportunityAOBC opened way up, around the $10.00 level, and then retraced a lot further than I expected, to support at about $9.37. This is a good price to grab for a likely slow gain throughout the day. AOBC posted a great earnings beat yesterday, but mixed guidance-- thus the retracement.
UnikoinGold (UKGBTC) Easy Profits (60%)UnikoinGold (UKGBTC) will move up really soon. A close above EMA50 will put us on the right track.
Details on chart.
Note:
- Trade at your own risk.
- Diversify.
- Patience breath deeply always.
- Take your time before entering a trade.
- Have a plan.
- Use a stop loss.
- Sell for profits when we hit our targets.
- Enjoy the profits.
- Be grateful to yourself, life & God.
- Thanks a lot for reading.
- Hit LIKE fore more...
Namaste.
DIS (ESPN) - Sports Betting Season in common with CHDN, PENN, BYDIS
Disney who owns ESPN has a few commonalities with sports betting and that's the NFL season ( Sept. - Feb.)
* Last Sept. to Feb was a strong run for the markets, so comparisons used here to show sector trend.
* Overlay SP500, NAS100 to know better than market
* Overlay sports betting Churchill Downs (CHDN), Penn Gaming (PENN), and Boyds (BYD) Gaming
* Current trend is with US states approving sports betting, not gambling is not used in legislative wordings....
* NFL season creates more betting than any other sport. ( except cricket mate...right?, Rugby7's, World Cup of Darts, no?!)
* BYD pays ~ 0.7% Div., PENN no Div., and CHDN pays a ~2.3% Div, but DISNEY, who owns ESPN pays a ~ 3.0% Div. yield
* BETA for betting is quite high, while DIS is low and near SP500 / NAS100 lines excluding the compounding dividend.
* Don't bet, just invest. This sector in risky with aggressive ups.
Comments for self. Post one comment if you look at this please (like/agree/disagree/fan/funny/WOT).
Correction for ANTA Sports on Hong Kong SharesCorrection for ANTA Sports on Hong Kong Shares
1. A M shape appeared below MA lines on RSI+Avgs indicator.
2. ANTA was moving in the bull range (RSI 40-80) for some time, it's possible that it will remain the trend.
3. A correction from 45HKD to 37HKD is possible.
4. A correction time cycle appears on the chart at around 13, July.
Sports Direct 4th wave of a C wave down?This looks to be a 4th wave of a C wave down. After this I'm expecting another 5 wave down. I could of course be wrong and I am no expert. Please give me your thoughts?