Oregon hits $39.5m wagered for February

Basketball was undoubtedly the leader of the pack.

Oregon’s sports betting numbers for February are in and they paint a portrait of a pastime rising in popularity: with $39.5m wagered led to a gross gaming revenue of $3.3m, the numbers are 33.5% higher than for the same month last year. This was according to numbers released by the Oregon Lottery.  

In terms of sportsbooks active in the state, DraftKings is the official sports betting partner of the lottery and operates virtually exclusively. That said, there was a former official partner – Scorecard – which still exists despite being phased out. While DraftKings takes up a vast majority of handle, Scorecard has managed to hold on to a few stragglers.  

For instance: DraftKings had a handle of $39.2m and Scorecard had one of $273,328. In terms of gaming revenue, DraftKings had $3.3m to Scorecard’s paltry $8,185. 

Of the sports that were the most popular for bettors, basketball was by far the leader. At DraftKings, $20.2m was wagered on it. This mirrors the pattern seen elsewhere across the country.  

Behind basketball was football at $4.8m (this would have exclusively been betting on Super Bowl LVI), ice hockey at $4.3m, soccer at $3.3m and tennis at $2.5m. 

For Scorecard, the numbers were slightly different: at $264,913, football had a far higher turnover than basketball’s $3,786. 

In terms of types of bets, single events and teasers proved to be more popular than parlay. At DraftKings, the former had a turnover of $28.1m while the latter reached $11m.  

At Scorecard, this difference was even more dramatic: single and teaser bets saw a turnover over $267,151, while parlay bets were only $6,177. 

Cameron Saunders

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