It was a very quiet affair. Sports betting in Florida launched this week, where residents can place their wagers through select online sportsbooks. Unlike betting industries in different states, this was unexpected, with one online sportsbook suddenly accepting wagers without any fanfare.

Currently, Florida residents can place wagers on professional and college sports leagues, such as the NFL, NCAA college football, the NBA, and more. Now that we are in the last quarter of the year, there are quite a lot of betting options available to players. The NBA and the NHL started in October, we have college football and basketball both running, and we also have the NFL in the second month. This is on top of events from other sports such as racing, tennis, UFC, boxing, soccer, and more.

Online Sports Betting Market

Online sportsbooks are very convenient for players, and it will be favorable for local sportsbooks to offer this option. Not all states allow online sports betting, so Florida is doing something right with this. However, things are not in the clear yet, as there are lawsuits filed that are challenging compacts between the state and tribal casinos. The cases are still ongoing, which perhaps explains the quiet launch of sports betting in the state.

The legal challenges the state faces show just how lucrative the sports betting industry is. Those who want to become a bookie can easily get into the business, given how affordable bookie pay per head prices are. And since we are talking about online sports betting, then we are talking about a sports betting industry that is easier to manage. Many online sportsbook software providers offer affordable software that allows bookies to easily adjust lines, and software to allow for managing your players as well.

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