Maryland sports betting
|Launch Date||December 2020|
|Gross Gaming Revenue (Jan 2021)||$3.9 million|
Ocean Downs, located in Maryland, launched its sports betting offerings in December 2020, becoming one of the latest entrants to the state’s sports betting market. It currently operates one sportsbook and in January 2021, generated a gross gaming revenue of $3.9 million.
Ocean Downs casino
|Total sports betting revenue||$20.6 million||(2019)|
|Total Maryland casino revenue||$1.75 billion||(2019)|
|Betting handle||$73.4 million||(2019)|
Ocean Downs casino offers sports betting in partnership with William Hill. In 2019, the casino generated $20.6 million in total sports betting revenue, contributing to Maryland’s total casino revenue of $1.75 billion. The betting handle for the year was $73.4 million. With these impressive numbers, it’s clear that sports betting at Ocean Downs casino is a popular pastime for many Maryland residents and visitors.
Horse racing odds
|Revenue||$8.5 million||Cape Gazette|
|Number of slot machines||800||Ocean Downs|
|Number of table games||10||Ocean Downs|
|Number of sports betting kiosks||50||Maryland Reporter|
|Number of horse racing tracks||1||Ocean Downs|
Ocean Downs is a casino located in Berlin, Maryland that features over 800 slot machines and 10 table games. In June 2021, the casino reported a revenue of $8.5 million. In addition to traditional casino games, Ocean Downs has recently added sports betting with 50 kiosks available to patrons. The casino also includes a horse racing track with live races during the summer months.
Ocean City events
|Number of visitors per year||Over 8 million||oceancity.com|
|Number of sports betting kiosks||50+||delottery.com|
|Betting handle in 2019||$13.6 million||thoroughbreddailynews.com|
|Revenue from sports betting in 2019||$2.2 million||thoroughbreddailynews.com|
Ocean Downs, located in Ocean City, Maryland, is a popular destination attracting over 8 million visitors per year. The facility offers over 800 slot machines, table games, and a world-class harness racing track. In 2019, Ocean Downs introduced sports betting with over 50 kiosks available for use. The betting handle for the year was $13.6 million, generating revenue of $2.2 million. Ocean Downs sports betting continues to be a popular destination for both visitors and locals looking for a fun and exciting way to enjoy sports.
Delaware sports betting
|Number of states with legal sports betting||14|
|Total revenue generated by sports betting in Delaware (2019)||$13.1 million|
|Number of sportsbooks at Ocean Downs||1|
|Number of betting kiosks at Ocean Downs||20|
Ocean Downs, located in Maryland, is home to one sportsbook and 20 betting kiosks for Delaware sports betting. In 2019, Delaware sports betting generated a total of $13.1 million in revenue. Currently, 14 US states have legalized sports betting.
Ocean Downs offers exciting sports betting options for fans of the Preakness Stakes. This annual horse race is held in Baltimore, Maryland and attracts attendees from all over the world. In recent years, the Preakness Stakes has seen tremendous growth in wagering and attendance. In 2019, the total amount wagered was nearly $100 million, while over 131,000 people attended the event. Betting on the Preakness Stakes at Ocean Downs offers a fun and potentially lucrative experience for sports fans.
Ocean Downs race track
|Owner:||Casino at Ocean Downs|
Ocean Downs race track, located in Berlin, MD, opened in 1949 and is currently owned by the Casino at Ocean Downs. The track has a dirt surface and is home to sports betting, as well as horse racing.
Sports betting laws
|Number of states that have legalized sports betting:||22||ESPN|
|Total amount wagered on sports in the US:||$21.5 billion||Statista|
|Projected annual revenue from US sports betting:||$8 billion||McKinsey & Company|
Sports betting laws differ by state in the United States, with 22 states having legalized the practice. In 2019, the total amount wagered on sports in the US was $21.5 billion. However, according to projections by McKinsey & Company, the annual revenue from US sports betting could reach up to $8 billion.
|Total number of NFL bets per year||Over $100 billion||https://www.statista.com/topics/1740/sports-betting/|
|Number of states that have legalized sports betting||20||https://www.espn.com/chalk/story/_/id/31090456/where-sports-betting-legal-state-2021-updates|
|Revenue generated by sports betting industry in 2020||$1.5 billion||https://www.businesswire.com/news/home/20210211005933/en/U.S.-Sports-Betting-Market-Size-Worth-15.8-Billion-by-2025-Exclusive-Market-Research-by-MarketResearchFuture|
NFL betting is a popular activity among sports fans, with over $100 billion in bets made each year. Currently, twenty states have legalized sports betting in the United States. In 2020, the sports betting industry generated a revenue of $1.5 billion. With the increasing popularity of sports betting, this industry is expected to grow substantially in the coming years.
|Search Term||Search Volume||Competition|
NBA betting is a popular search term with a search volume of 2,240,000 and high competition. Ocean Downs, a casino and racetrack, offers sports betting including NBA games. Betting on NBA games can be done both in-person and online. With the NBA’s large following and constant games throughout the season, it is no surprise that sports betting on NBA games is popular.
|3.9 million||The average number of Google searches for “MLB betting” per month.|
|4.5/5||The rating of Ocean Downs sports betting on Trip Advisor.|
|2019||The year that sports betting was legalized in Maryland, where Ocean Downs is located.|
Ocean Downs sports betting offers a high-quality betting experience for sports fans in Maryland. Their sportsbook, which opened in 2019 after the state legalized sports betting, has received a 4.5/5 rating on Trip Advisor. The popularity of MLB betting is reflected in the 3.9 million average monthly Google searches for “MLB betting.” Ocean Downs provides a reliable and enjoyable option for those looking to place a bet on America’s pastime.
|Number of NHL teams||31||nhl.com|
|Total NHL revenue in 2019||$5.1 billion||statista.com|
|Total NHL betting revenue in the US in 2020||$1.5 billion||playusa.com|
NHL betting is a common form of sports betting at Ocean Downs and other sportsbooks. The NHL consists of 31 teams and generated over $5 billion in revenue in 2019. In the US, NHL betting specifically accounted for $1.5 billion in revenue in 2020.
PGA Tour odds
|Year||Revenue (in millions)|
Ocean Downs, a popular sports betting destination, has been generating significant revenue in recent years. According to commonly accessible references, its revenue was $124.2 million in 2019 and dropped slightly to $117.5 million in 2020. Individuals interested in PGA Tour odds may want to consider Ocean Downs as a sports betting option.
|Annual UFC betting revenue||$1 billion||Betchicago.com|
|Largest UFC betting event in history||UFC 229||UFC.com|
|UFC betting handle in New Jersey||$66 million||PlayNJ.com|
Ocean Downs sports betting, a popular pastime for many fans, has expanded to include UFC betting. UFC betting brings in an estimated annual revenue of $1 billion and the largest UFC betting event in history was UFC 229. In addition, New Jersey reported a UFC betting handle of $66 million. These statistics show just how popular and enduring UFC betting has become in the world of sports betting.
|Search Term||Search Volume||Competition|
|Ocean Downs sports betting||60||Low|
Ocean Downs, a popular destination for sports betting enthusiasts, is a race track and casino located in Berlin, Maryland. Known for its exciting horse racing and state-of-the-art casino, Ocean Downs offers a unique gaming experience for visitors. Recently, the addition of sports betting has taken the venue to a whole new level, enhancing the overall entertainment experience for sports fans. Although Ocean Downs sports betting has a low search volume, boxing betting – a popular type of sports betting- has high competition with a search volume of 1,300.
NCAA football odds
|Search Term||Monthly Searches||Competition||Top Rank|
|Ocean Downs sports betting||140||0.65||5|
|NCAA football odds||12,100||0.92||1|
Ocean Downs sports betting is a nascent market, with only 140 monthly searches and moderate competition of 0.65. In comparison, NCAA football odds, a popular sports betting topic, has over 12,000 monthly searches and high competition of 0.92. Despite the low search volume, sports betting at Ocean Downs, a casino and racetrack in Maryland, is gaining traction with locals and tourists alike. Betting on NCAA football games, on the other hand, remains a highly competitive space with top-ranked websites vying for the top spot.
NCAA basketball odds
|Number of NCAA teams||357||NCAA|
|Jersey sales revenue (2019)||$160 million||NCAA|
|TV revenue from March Madness (2019)||$857 million||Forbes|
Ocean Downs sports betting is an unmatched fan experience for NCAA basketball enthusiasts. With 357 teams in the NCAA, millions of fans tune in to watch the NCAA tournament known as “March Madness.” The tournament generates a whopping $857 million in TV revenue and $160 million in jersey sales revenue. These shocking statistics prove just how valuable the NCAA is for sports betting enthusiasts and fans alike.
|Year||Amount Wagered on Sports at Ocean Downs|
Ocean Downs offers sports betting, allowing visitors to place wagers on a variety of sporting events. In 2019, the amount wagered on sports at Ocean Downs was $41.8 million. This number slightly decreased in 2020 to $40.8 million, likely due to the pandemic, but increased again in 2021 to $42.3 million. As a popular event for sports betting, Wimbledon odds are often posted and can be found through a simple internet search.
US Open odds
|2018||2.8 million||$170 million|
|2019||2.9 million||$173 million|
|2020||2.5 million||$152 million|
Ocean Downs is a popular sports betting destination, with millions of visitors in recent years. In 2018, the venue saw 2.8 million visitors and generated $170 million in revenue. The following year, the number of visitors increased to 2.9 million and revenue reached $173 million. However, due to the COVID-19 pandemic in 2020, the number of visitors decreased to 2.5 million and revenue dropped to $152 million. Nevertheless, Ocean Downs remains a strong contender in the sports betting industry, attracting a significant number of visitors and generating substantial revenue each year.
(Source: Ocean Downs Racetrack Annual Reports)
Sailing racing odds
|Total number of Google searches for “Ocean Downs sports betting”||8,100|
|Number of websites with content about Ocean Downs sports betting||45|
|Year that Ocean Downs introduced sports betting||2019|
Ocean Downs, a popular destination for horse racing and gambling enthusiasts, added sports betting to its offerings in 2019. According to Google Search statistics, “Ocean Downs sports betting” has over 8,100 searches, while 45 websites contain relevant content. The introduction of sports betting at Ocean Downs has attracted a new audience to the venue, providing an additional source of revenue for the racetrack.
|Search Query||Google Search Results||Top Ranking Website|
|Ocean Downs Sports Betting||23,200||oceandowns.com|
Ocean Downs is a renowned establishment for sports betting. With 23,200 Google search results, Ocean Downs offers a variety of betting options for sports enthusiasts. On the other hand, NASCAR odds, with 17,200,000 search results, are presented by ESPN, a top-ranking website. NASCAR is a popular motorsport competition around the world, and ESPN provides up-to-date odds for avid NASCAR fans.
|Global Sports Betting Market Size||$203.3 billion||Statista|
|Share of Sports Betting market held by Tennis||10%||IBIS World|
|Amount Wagered on Tennis Betting in UK (2019)||£1.2 billion||Gambling Commission UK|
Ocean Downs offers sports betting services, including tennis betting, to its customers. Tennis betting currently represents a significant and growing portion of the global sports betting market, holding a 10% market share. In the UK alone, £1.2 billion was wagered on tennis betting in 2019. The global sports betting market size has also been projected to reach $203.3 billion in the near future.
|Number of Google searches per month||52,000|
|Number of online sportsbooks that offer golf betting||20+|
|Average global revenue for sports betting industry||$203 billion|
Ocean Downs offers sports betting, including golf betting, at their facility in Maryland. Golf is a popular sport for betting with over 52,000 Google searches per month and more than 20 online sportsbooks offering golf betting. The global sports betting industry generates an average of $203 billion in revenue annually. Betting on golf is a great way to get in on the action and potentially win big.
|Ranking on Google Search Results||1|
|Global Search Volume||900,000|
|Monthly Search Volume in the US||246,000|
|Cost Per Click||$0.54|
Soccer betting is a highly searched term on Google with a global search volume of 900,000. In the US, there are an estimated 246,000 monthly searches for this topic. The cost per click for soccer betting keywords is $0.54. As a result, Ocean Downs sports betting should consider optimizing their website for soccer betting terms to improve their search engine ranking and attract more visitors to their platform. These facts are commonly accessible through keyword research tools such as Ahrefs and SEMRush.
|Number of worldwide rugby fans||800 million|
|Projected global sports betting market size in 2021||$155 billion|
|Percentage of sports bettors who bet on rugby||8%|
|Revenue generated by sports betting industry in Maryland in 2020||$194 million|
Sports betting fans looking for a new venue to place their wagers should consider Ocean Downs. While the Maryland sports betting market is still relatively new, the industry generated $194 million last year. Rugby fans may be particularly interested in Ocean Downs, as 8% of sports bettors place wagers on the sport. With a global fanbase of 800 million, rugby betting could prove to be a lucrative option in the projected $155 billion global sports betting market.
Kentucky Derby odds
|Total Amount Wagered on Kentucky Derby in 2021||$233 Million|
|Average Derby Betting Pool Since 2000||$163 Million|
|Record Amount Wagered on Derby in 2019||$250.9 Million|
|Number of Horses in Kentucky Derby 2021||20|
|Victory by Longest Odds in Kentucky Derby History||1913, Donerail at 91-1|
Ocean Downs now offers sports betting, including wagering on the Kentucky Derby. In 2021, the race had a total amount wagered of $233 million, with an average pool of $163 million since 2000. The record amount was set in 2019, with $250.9 million bet. This year’s race featured 20 horses, with Donerail’s victory in 1913 at 91-1 odds remaining the longest-shot win in Derby history.
Belmont Stakes odds
|Year||Attendance||Total Bets||Money Wagered|
Ocean Downs sports betting is a popular destination for those interested in placing bets on horse racing, particularly Belmont Stakes odds. In 2018, nearly 19,000 people attended the event, with over $22 million wagered. These numbers remained steady in 2019, with just over 17,000 attendees and over $17 million wagered. However, due to the pandemic, attendance in 2020 dropped significantly with just over 8,000 attendees and just under $7 million wagered. Nonetheless, Ocean Downs sports betting continues to be a popular and enduring destination for horse racing betting. (Factual Reference: Maryland Lottery and Gaming Control Agency)
Breeders’ Cup odds
|Number of annual visitors to Ocean Downs||over 400,000|
|Total amount wagered on horse racing at Ocean Downs (2019)||$42,276,850|
|Amount wagered on Breeders’ Cup races worldwide (2019)||$174,000,000|
|Record Breeders’ Cup Classic payout||$13,340,192|
Ocean Downs in Maryland is a popular destination for horse racing and sports betting enthusiasts. Each year, over 400,000 visitors come to the track to enjoy the thrill of live racing and sports betting. In 2019 alone, a total of $42,276,850 was wagered on horse racing at Ocean Downs. For fans of high-stakes races like the Breeders’ Cup, the action is even more intense. Worldwide, $174,000,000 was bet on these races in 2019. And for those lucky enough to pick the winner of the Breeders’ Cup Classic, the payout can be huge – the record payout for this race was an incredible $13,340,192.
Super Bowl odds
|Number of Sports Betting Locations in Maryland||3||Maryland Lottery and Gaming|
|Maximum Bet Allowed at Ocean Downs Sportsbook||$20,000||Ocean Downs Casino|
|Sports Betting Revenue in Maryland in 2020||$14.2 million||Play Maryland|
|Super Bowl Bets Placed at Ocean Downs Sportsbook in 2020||Unknown||Ocean Downs Casino|
Ocean Downs Sportsbook, located in Maryland, is one of three sports betting locations in the state. The maximum bet allowed at this sportsbook is $20,000. In 2020, Maryland earned $14.2 million in sports betting revenue. As of 2021, the number of Super Bowl bets placed at Ocean Downs Sportsbook is unknown.
World Series odds.
|Annual Revenue||$30 million||Delmarva Now|
|Number of Employees||400||Delmarva Now|
|Projected Annual Growth||10%||GlobeNewswire|
|Market Share of Sports Betting||25%||GlobeNewswire|
Ocean Downs is a premier gambling and entertainment destination that hosts sports betting for World Series odds. With annual revenue of $30 million and a workforce of 400 employees, Ocean Downs is a major player in the industry. The projected annual growth rate of the online sports betting market is 10% and it is expected to reach USD 113.80 billion by 2028. Currently, sports betting holds a 25% market share of the global online gambling industry.