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A new website was recently launched solving a small problem that sports bettors may have. The name of the website is PropSwap.com. What Prop Swap does is it allows you to invest and purchase somebodys sports betting ticket after they have bought it at the counter and no longer want to hold onto the ticket. This can be beneficial if somebody needs money and wants to sell off their ticket at a discount.
- As more states legalize sports betting, they’ll divide the meager tax pie among more jurisdictions—something that has been happening with casino gambling for years. Further, many gamblers will substitute sports betting for lottery tickets or other casino gambling, further reducing what little new net tax revenue states can add to their coffers.
- 5:30 PM MST Week 15 parlay cards are updated. The next update will be at around 7AM-10PM on Wednesday 12/16. Good luck this week!
Sports Gambling Legalization
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Buy Sports Betting Tickets
This can also be great for somebody who is a gambler and wants to purchase a betting ticket from somebody who is about to give up on a series where a team is down 3-1 and they don’t believe that that the team will come back and would rather sell the ticket for a guaranteed amount of money as opposed to taking on the risk that the team may come back and win from being down 3-1.
The majority of tickets that will be sold are going to be futures bets but in time as the PropSwap.com database grows you will see other tickets available. Currently there are no reviews on the swap service but we have seen them advertised in the Vegas Stats and Information Network’s newsletter following Super Bowl 51.