- The Locks
- Posts
- ALL PLAYS FOR ONLY $5! + YOUTUBE IS BACK
ALL PLAYS FOR ONLY $5! + YOUTUBE IS BACK
Let's Smoke🚬 the Books
Lock Talk
April 22, 2025 • Estimated Reading Time: 5 minutes
Table of Contents
🗓️THE HEADLINES⚠️
🔔Newsletter Special⭐ Wanted to REWARD YOU ALL! $5 ONLY TODAY (I LOVE THE BOARD TODAY) | YOUTUBE IS BACK
|
🚨 Sports Betting Headlines You Need to Know!
📉 New York Sports Betting Handle Drops 15% Week-Over-Week
NY sportsbooks reported $474.4M in handle, down 15.6% from the prior week — first sub-$500M week since February.
Despite lower betting volume, books held strong: 10.1% hold rate, netting $47.8M in gross revenue.
FanDuel led the pack, raking in $21.9M in revenue on a $179.8M handle.
🧠 Takeaway: Less volume, better margins — NY bettors may be getting sloppier or chasing late-season NBA/MLB edges.
💰 Colorado May Start Taxing 'Free Bets' from Sportsbooks
New bill aims to tax promotional wagers like “bonus bets” or “risk-free” promos.
Revenue would fund statewide water projects, redirecting sportsbook marketing spend toward public infrastructure.
This shift could limit future promo offers or change how sportsbooks advertise in Colorado.
🧠 Takeaway: If this passes, expect promo value to drop — keep an eye on other states following suit.
🏛️ New York Bill Proposes Deposit & Funding Restrictions
New legislation (Assembly Bill A7962) would cap deposits at $5,000/day and ban credit card funding for betting accounts.
Also includes a 5-deposit-per-day limit to discourage impulsive top-ups.
Lawmakers pushing for tighter controls to curb problem gambling.
🧠 Takeaway: Big spenders beware — the ease of reloading might be going away fast in high-volume states.
New App Spotlight 💡—> NOVIG
Do you live in any of these states?
Use code “LOCK” for 50% OFF💵+ a FREE WEEK in Premium
The BEST lines as they make the bets peer to peer!
Still not convinced… click below 👇
Want to see the rest? Make sure you are a subscriber! 🔔
Reply