3/26/2022

Thescore Gambling

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  1. Thescore Gambling Canada
  2. Thescore Gambling Stock
  3. Score Gaming Stock
  4. The Score Gambling
  5. The Score Gambling

After announcing that it was planning to go public on the American stock market, the company’s US stock market debut made more money than expected. theScore is already one of Canada’s most-used sports apps, though it only offers sports betting in the United States, as mobile sports betting is not yet legal in Canada (something theScore is working to change). theScore’s public option comes just after the company performed all on Super Bowl Sunday and expanded into Iowa.

Canadian sports media company theScore outperformed expectations when pursuing IPO on the American stock market. ©toptop54/Pixabay

If you or someone you know has a gambling problem, click here for help and resources. Submit a request Sign in. TheScore Bet; Responsible Gaming Help and Resources Responsible Gaming Help and Resources. (855) 916-0077 support@thescore.bet. TheScore is a media and gaming company based in Toronto, specialising in sports news and stats, making it a great fit for online sports betting. TheScore’s broad reach and commitment to responsible gambling translates into the opportunity to raise awareness for problem gambling and mobilize additional resources, Whyte noted. In the meantime, theScore remains fully committed to the NCPG’s efforts as outlined in the non-profit organization’s Safer Sports Betting Initiative. TheScore managed to place 6 million Class A Shares plus 900,000 in over-allotment to underwriters, at $27 per share The company received in excess of $186 million in gross proceeds from the IPO Net proceeds will be used to fund working capital and market expansion for theScore Bet.

theScore’s Stellar Stock Market Performance

Shortly after revealing its plans to go public on the US stock market, theScore — a subsidiary of Score Media and Gaming Inc. — announced that it had dramatically outperformed expectations. Officials from the company had predicted that they would raise $162 million and sell six million shares, but the company performed even better.

Once theScore went public on the American stock market, theScore successfully raised $186.3 million. Shares in the Canadian sports media company sold at $27 a share, and the company sold close to a million more shares than expected. Rather than meeting its prediction of six million shares, theScore sold an additional 900,000 shares.

An IPO Bolstered By Some Major Power Players

theScore’s move to the US stock market was underwritten by some of the biggest names in global finance, including Credit Suisse, Macquarie Capital, Canaccord Genuity, and Morgan Stanley. Joint book-running managers like Eight Capital, Scotiabank, and Cormark Securities Inc. have also put their weight behind theScore’s IPO.

What The Money Is Going To

According to representatives from theScore, the revenue earned from the company’s IPO on the US stock market will be used towards a number of business ventures, including growing its presence as a sports betting operator in the United States. This suggests that theScore’s sports betting option, theScore Bet, will soon be expanding into more states.

theScore’s Canada Stock Was Already Up

When Score Media and Gaming Inc. received sufficient shareholder approval to go live in the US stock market, the company was already performing beautifully in the Canadian stock market. As of February 2021, Score Media’s stock had increased 230% in 2021, with market capitalization growing to the equivalent of $1.7 billion (USD).

The Success Of theScore Bet Seen As Particularly Strong Factor

At the time, analysts credited the strong performance of theScore to the company’s US-based sports betting option, theScore Bet. In a statement from Suthan Sukumar, an analyst for Eight Capital, theScore’s move to the US stock market would make it even more competitive with local sports betting leaders like DraftKings and FanDuel.

theScore Plans To Move Into Online Gambling

The success of theScore’s online sports betting option in the US has demonstrated that the company should continue its progress into the online gambling market, a continuing sector for growth in the American gambling industry. According to a representative from theScore, the company is currently developing an iGaming option to compete in the US.

A Savvy Move: Online Gambling And Sports Betting Stay Strong

As the COVID-19 pandemic continues to rage in the United States, the retail gambling industry has overall experienced significant losses, a trend unseen in the industry since 2003. Online gambling and sports betting have both offered the two sectors for growth even as land-based gambling options have been shoved into precarity in the pandemic.

Could theScore Be Acquired By DraftKings?

As theScore continues to pick up speed in the US sports betting market, rumors are beginning to swirl that the company could be acquired by competing leading sports betting company DraftKings, according to an early March report from Forbes. The same report stated that DraftKings may also acquire other companies.

According To Report, Rumors Spiked theScore Stock

The same report suggested that the overperformance by theScore in the US stock market was due to rumors circulating that the company would be acquired by DraftKings. This suggests that theScore’s performance was not strictly due to its success in the US or Canada, or even its technical triumph on Super Bowl Sunday as other sites crashed.

Other Groups In DraftKings’ Sights?

If the rumors are to be believed, DraftKings is thinking of acquiring a host of popular media companies, not just those affiliated with sports betting. Some of the other groups in DraftKings’ sights include Meadowlark Media, X Games, and poker brand Run It Once. This could be an effort by DraftKings to get a leg up on its competitors.

For DraftKings, Acquisition Could Mean Triumph Over Competitors

According to an analysis by Shadd Dales, DraftKings and FanDuel are neck and neck in the US sports betting industry. Both companies are quickly being challenged by new arrival Barstool Sportsbook, a sports betting platform made by the combined powers of Penn National Gaming and popular sports media company Barstool Sports.

According to Dales’ analysis, DraftKings and FanDuel both operate at higher margins than new competitor Barstool Sports. Acquiring up some of the other competitors in the field — as well as additional media companies — could help DraftKings gain a crucial lead in the rapidly-growing American sports betting market.

Another mobile sportsbook has come to New Jersey. Canadian sports media operator theScore has launched a US sports betting app in the Garden State. The second theScore sportsbook is expected to launch a sports betting app in Colorado in 2020.

TheScore is partnering with Monmouth Park Racetrack, one of the land-based permit holders necessary to operate in the GardenState. The new sportsbook is the third to operate in association with Monmouth Park. We suggest trying one of these top rated sportsbooks.

The Score has been a fixture in the Canadian sports landscape since 2007. Its app covers action on more than 20 sports leagues. The company itself trades on the TSX Venture Exchange.

Those familiar with theScore may know that the company provides some of the best sports information aggregation on the planet. Its app combines real-time news updates, scores and fantasy information to keep its customers in the loop.

Also, players can customize the information that they receive upon logging in. The result is a unique user experience for each sports fan.

So, it’s only natural that customers of theScore can use its wealth of information to guide their sports betting. However, offering sports betting is a different animal than simply providing news updates about sporting events.

Thankfully, the Canadian company has a multi-year partnership with American sportsbook technology provider Bet.Works. Bet.Works’ software now powers theScore sportsbook app and online platforms.

Bet.Works offers turnkey solutions to companies wishing to power sports betting. Barring regulatory hurdles, Bet.Works will also provide the muscle behind the new sportsbook at Grand Falls Casino & Golf Resort in Iowa.

Welcome bonus at theScore

TheScore is offering to award players a free bet on their first deposit. This free bet will match the deposit amount 100% up to $100.

So, new players to theScore can start things off with a bang on the app. The free bet is eligible for any market at odds up to +300.

Better still, existing theScore app users will find this offer doubled. So, they can receive a free bet worth up to $200.

Players will have ten days from the receipt of the free bet to use it. After that, it reverts to theScore.

However, with a risk-free wager in hand, there’s no reason to wait. Get in the game.

theScore Sportsbook Bonus Code 2021

Online Sportsbook theScore Sportsbook
Bonus Code None
Bonus OfferFree bet to match 100% of first deposit up to $100
Online Since October 2019
Last UpdatedMarch 2021

Do I need a promo/bonus code for theScore?

There is no promo or bonus code associated with the first deposit bonus. Players will automatically receive their matched free bet.

However, other promotions that are yet to come may well have a code. Make sure to check the terms and conditions of any offer.

TheScore’s VIP and loyalty rewards

Thescore

There is no indication of a VIP or loyalty program on theScore just yet. However, as time passes, it’s possible that one may debut.

If it does, it is unlikely that players should have any reason not to join. Even casual players should make sure to take advantage of any perks that might come their way.

TheScore Sportsbook: Creating a new account

Creating an account on theScore is a simple process. The accountwizard guides you through all the necessary steps in order to become a member.

The sportsbook requires that you submit your name, address, phonenumber and emailaddress to the site as a means of identifying you. You must also provide your birth date, as sports betting is only available to players who are 21 years or older.

Typically, the site does have a verificationprocess in addition to asking for these pieces of information. You will be asked to confirm the account’s creation through the provided email and/or verify that the financial information you’ve provided is correct.

theScore allows players from outside New Jersey to register for an account. However, players must be withinthe state to play or bank on the site.

Sites use geolocationsoftware to ensure that no out-of-state play is occurring. They risk fines from the New Jersey Department of Gaming Enforcement for violating this policy, so they are unlikely to let it slide.

However, provided that you are inside the Garden State and are 21 or older, you should be able to play on any online sportsbook in the state, including at theScore.

TheScore software review

Customers experience online applications in different ways due to a variety of ways they access the app. A customer using a desktop or laptop computer can have quite a different experience on a site than one accessing the same site with a mobile device.

So, here is what customers can expect when they visit theScore app. Since theScore emphasizes mobile applications, mobile app users can count on having a richer experience than their desktop counterparts.

TheScore sportsbook app review

The betting app for the Score emphasizes customization over everything. In other words, each player should have a uniqueexperience when they log on.

Much like the company’s sports news app, players can choose their preferred aspects to see. There are numerousfilters available that each bettor can use to screen out all the events that don’t interest them.

Here are some of the other aspects we saw:

  • Availability: TheScore app is available on both iOS and Android mobile devices.
  • Speed: The app functions without any slowdown or lag. Navigation is smooth and fluid.
  • OverallPerformance: The achievement of this app is its ability to customize. Players can allow or filter out anything they deem unnecessary, no matter the format.
  • Markets: Since theScore has such a robust history of league coverage, it should come as no surprise that there are so many markets available for betting. Almost any professional league has some market for wagering on theScore.
  • Live Betting: One of the best parts about online sportsbooks is the increased ability to offer live betting. Bets are now available on extremely granular micro-events throughout each game. Playerscan wager on the outcome of the next play or the score at the end of a quarter. Live betting can be a great way to get back into the black if initial bets go south.

Browser and desktop review

For the more technologically averse among us, most sites also offer the ability to access the site using a desktop or laptop computer.

The browser version of the app is functional, if a bit spare. There is no difficulty with the application; it’s just not a very fancy site to use.

Betting options

TheScore’s ideas about a US debut are quite ambitious. New Jersey’s online sports betting market has become very competitive in the year since its debut.

In order to compete in such a heated market, theScore is going to have to compete with the market leaders on both options and functionality. DraftKings, FanDuel and the others have a tremendous head start and have already developed a certain degree of customer loyalty.

Above all else, theScore is going to need a robust in-game betting component. All the major competitors (especially DraftKings) have a live ticket system that is nothing short of revolutionary.

In essence, the live ticket system allows players to cash out their tickets at any time for a reduced payout. In doing so, the player can guard against last-second meltdowns, and the sportsbook can discount their loss on what would likely have been a payout anyway.

Many of the New Jersey apps also feature a betting carousel. This is a customizable function that draws from players’ betting history to suggest bets. Each player has a different rotation of suggested actions on their app.

Naturally, theScore’s app must offer the types of bets typically found in both retail and online sportsbooks. Those betting formats include point spreads, moneylines, totals, futures, and propositions.

Point spread: A point spread is a wager on one team in a contest. The sportsbook will designate an expected margin of victory in a game, and the bettor will wager on whether he or she believes the favorite will exceed that margin, or the underdog will overcome it (even if they end up losing the game).

Moneyline: Moneyline bets are wagers on which team he or she believes will win, and the payout amount reflects whether the winner was the favorite or underdog.

Totals: Totals are wagers on the total amount of points that a player expects two teams will score in a given contest. This type of bet is commonly referred as the over/under. Players wager whether the actual total will be higher or lower than this number.

Futures: Future bets are wagers on long-term events that won’t determine a winner for several months. They tend to be bets on which team will win a sport’s championship, which player will win a season-ending award, or something similar. Futures are usually a straight-odds bet.

Propositions: Propositions, or prop bets, are bets on activities ancillary to the actual gameplay. Wagers on events like the coin-toss, the first player to score, or the number of points a player will have at the end of the game are examples of this type of bet. Most stories about farfetched bets people have made involve proposition bets.

Finally, many sportsbooks offer a series of wagers known as parlay bets. These bets are combination wagers that allow players to make the same wager on multiple contests.

Parlays are an example of high-risk, high-reward endeavors. Players must accurately select each contest in their parlay, known as a leg, in order for the bet to win. However, a successful parlay comes with a much higher payout than a series of single wagers on the same contests.

Thescore Gambling Canada

Odds boost

One type of promotion that many New Jersey online sportsbooks commonly offer is called oddsboost. Quite simply, an odds boost is a mechanical alteration of the given lines for a particular contest.

In other words, the sportsbook adjusts the odds on selected events to encourage betting on the game. This kind of promotion can create added value for bettors, particularly those who were already planning to wager on the given event.

While there are no odds boosts currently active on theScore, these are typical bonuses. So, make sure to check the promotions page often.

Banking options at theScore

Deposits

There are three options for players to make deposits on theScore.

First and foremost, players can make a credit card deposit with their Visa or Mastercard. Please note that many American banks, including some of the larger ones like Wells Fargo and Bank of America, are likely to decline the transaction.

Thescore Gambling Stock

Even if they don’t, banks will often charge a cash advance fee for these deposits. So, bear those things in mind if you want to use a credit card.

Players can also use a Play+ prepaid card to fund their accounts. These types of accounts are essentially gift cards that the player gives themselves.

Finally, players can also use online bank transfers to move money around. Through echeck select, players can essentially use the bill pay function in their bank accounts to transact with theScore.

Each of these methods bears a $10 minimum deposit limit. theScore requires a government identification for any deposits in excess of $2,500.

Withdrawals

The methods available for withdrawal are mostly the same as the methods for deposit on theScore. Players who used their Play+ cards or used echeck select can have the money come back to them in the same manner.

The only different method is cash at the cage. Players can receive money out of their theScore accounts if they physically go to the cashier at Monmouth Park.

Withdrawals can take anywhere from 1 – 3 business days. While the cash withdrawal should be short and sweet, it’s a good idea to alert the cage to your request 24 hours in advance, if possible. Otherwise, there might be unnecessary delays.

theScore customer support

Things don’t always go off without a hitch. So, it’s imperative that a sportsbook maintain an active customer support capability.

For theScore, players can reach out to customer support in one of three ways. The first method is by calling the support line. Dial 1-855-916-0077 for immediate assistance with any issues.

Players can also choose to contact theScore through the support email address. Email [email protected] for help.

Finally, players can also use the request form that theScore offers on the support page. Choose the appropriate nature of the concern, and leave the relevant information in the boxes provided.

Hopefully, these methods will be sufficient to answer any questions that arise.

History and company overview

TheScore.com may not be a familiar name to most Americans, but it is no garage startup. The Canadiancompany burst onto the market in the Great White North in 2007.

The company’s signature product is a news app for sports fans. The app allows fans to customize and aggregate their desired sports news in a sleek format.

Score Gaming Stock

The result is an application that allows users to enhance their viewing experience for their favorite sporting events. By its admission, theScore features information on more than 20 leagues, 800teams and 15,000 athletes.

The Score is no fly-by-night organization, either. The Toronto-based company counts more than 200 employees on staff and trades on Canada’s TSX Venture Exchange.

Entering such a crowded market as New Jersey is undoubtedly a daunting task; however, theScore certainly has plenty of muscle. So, theScore may hold its own as it enters the sports betting world this year.

theScore Online Sports Betting NJ FAQ

Where Is theScore Sportsbook Legal?

You can legally bet at theScore online sportsbook within the state of NJ.

Additionally, theScore has partnerships with licensed casinos that are supporting the expansion of theScore’s online sportsbook beyond just NJ and into an ever-expanding list of other states.

Where can you use theScore NJ online sportsbook?

Players are able to make real-money bets using theScore from anywhere within the state of New Jersey.

As sports betting expands, there will be the opportunity for more and more players from other states to try theScore’s online sports betting product.

Is theScore sportsbook legal in New York?

Not yet. New York is still figuring out how to handle online sports betting, and theScore won’t be able to offer an online sports betting app in NY until that question is settled.

In the meantime, players living in NY do have the option of simply crossing into New Jersey in order to place their bets. That’s an option that is becoming increasingly popular for New Yorkers who want to bet using legal online sportsbooks like theScore.

The Score Gambling

Can you use theScore in California?

Not yet. We’re still waiting for legal online sports betting to come to California.

How do I use theScore sportsbook outside of NJ?

Right now your options are limited. There are only a few states where theScore is available. Refer to the review above for an up-to-date list of the states outside of NJ where you’re able to use theScore online sportsbook to place real-money bets.

The Score Gambling

Does theScore accept credit cards?

Yes. You are able to use most credit cards to make a deposit at theScore’s online sports betting site.

Can you cancel a bet at theScore online sportsbook?

Generally speaking, no.

It is a standard sportsbook policy for bets to be final once made. So at theScore and other online sportsbooks, you are unlikely to be able to back out of a bet once it has been confirmed.