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With the biggest casino in the state, Parx Casino is set to offer PA sports betting. It’s no surprise that it is going all-in on its Pennsylvania sportsbook offerings.
The main casino at Bensalem is getting a $10 million facelift so it can host a new, state-of-the-art sportsbook with windows, kiosks and wall-to-wall TVs.
Parx’s off-track betting facility in Philadelphia — near the stadiums that house the city’s professional sports teams — is also becoming a full-scale sportsbook. Parx is teaming up with international sportsbook operator Kambi to run both facilities, plus powering a new PA online sportsbook with mobile access.
A sports betting license in Pennsylvania doesn’t come cheap. It costs $10 million, and the annual tax bill is upwards of 36 percent on the already small profit margin.
While this is a new venture for Parx, it’s old hat for Kambi, which has recent experience in New Jersey where it runs the new DraftKings Sportsbook. What Kambi is doing in NJ can give us some idea of what to expect from Parx in PA.
In New Jersey, new customers receive a dollar-for-dollar match on their initial wager of up to $200. To activate the bonus, customers need to place the bet within 30 days of registration. Then the bonus kicks in automatically.
|Parx Sportsbook Promo Code:||TBD|
|Free Play Bonus:||TBD|
|Last Verified:||April 15, 2019|
Though we can’t be sure that Parx will offer the same bonus, it stands to reason that Kambi will create something similar.
Based on Kambi’s recent experience running DraftKings Sportsbook in New Jersey — a state that has seen its mobile apps account for more than 80 percent of total wagers placed — Kambi will undoubtedly use the new Parx Sportsbook app as a primary driver of its growth.
Kambi’s existing app features a home screen that includes a series of shortcuts to all the sports happening that day.
Furthermore, there are also quick links to the day’s biggest game (Monday Night Football, for example). In addition, there’s a rotating banner at the top of the screen advertising all the current promotions.
The app also features a tab that takes players to a complete summary of their actions past, current and future. Also, the in-play wagering page can also be accessed directly from the home screen.
As required by law, Parx will use geolocation technology to confirm a mobile player’s location. Customer service should also be available to contact through the app.
Based on what Kambi does with its ventures around the world, we can expect Parx’s sign-up process to be quick and straightforward.
To open a new account, a player might only need to submit his or her name, date of birth, email, phone number, address and the last four digits of his or her Social Security number. This info will help confirm his or her identity and age.
Once verification is complete, new sign-ups will likely be asked to create a username and password, then choose a preferred level of security. We expect the sportsbook to offer “strong authentication,” which means that each log-in attempt sends a pin to the mobile number on file that must then be entered for access.
A player must be at least 21 years old to place a sports bet in Pennsylvania.
Each sport has its own set of bets, though there are universals which apply to just about every event.
Here are the three basic bets:
There are many more combinations of bets. One is a parlay bet, which are wagers on more than one match. Then there are teasers, which involves multiple (and changing) spreads. Last but not least, there are props, which are bets on the performance of individual players and teams.
Bets on the results of different periods within a match (for example, half-time or full-time markets in soccer) or period betting in hockey are also popular. You can bet on future results, both for teams (for example, to win the playoffs) or individual players.
With Kambi providing the technology for the Parx online sportsbook, the coverage of sports will be fantastic.
Kambi provides lines for the major and minor college leagues, and major sports leagues. Parx will also cover soccer, golf, tennis, boxing/MMA, cricket and many niche sports.
When significant events hit the calendar, expect even more betting markets to open up. These include plenty of player props on events like the Super Bowl or the Stanley Cup. You can bet futures for both teams and players in many leagues, too.
Online sportsbooks make live betting easier, wherever you are watching the game.
This works by having the lines update in real time as the action unfolds. For example, if a team scores a touchdown early, the totals, moneyline and spread will adjust.
You now have the opportunity to make an in play bet. The process for doing this is the same as if you were placing a pre-match bet. There will be a few seconds pause to make sure the action has not changed yet again, and your bet will then go through.
Live betting makes watching games a lot more fun. If someone you are watching with makes a bold statement about the outcome, you have the opportunity to ask them to put their money where their mouth is.
It’s safe to assume Parx will offer a loyalty program for its sportsbook users.
Kambi itself doesn’t have a recent history of implementing loyalty or rewards programs, but the Parx Casino currently offers its players rewards based on how much they play.
The program is called Xclub, and like many others, it awards points based on the amount spent on wagers. Its certain tiers in the program offer awards based on the total points a player accrues within six months. As a result, once a player achieves a specific tier, he or she keeps those benefits for six months.
Along with $10 free play for registering, players who achieve the higher tiers — premium and elite — can earn additional free plays, invitations to exclusive events, dedicated gaming windows and complimentary top-shelf beverages.
The investment Parx is making in its sportsbook venture is enormous. So where frills and perks are appropriate, frills and perks will be made available. The company is clearly looking to make its sports betting offerings first class.
Loyalty programs and new-player incentives are only part of the offerings that regular players can expect at the Parx Sportsbook.
Also, there will be a series of promotions throughout the year with the goal of keeping players placing wagers, and finding new and fun ways to maximize players’ wagering dollars.
Kambi’s offerings in New Jersey are Giants-focused through the NFL season. With the Eagles as former Super Bowl champions and the Steelers’ history of six total Super Bowl wins, we expect something similar to be offered in Pennsylvania.
We also expect Parx to feature sportsbook pools. Betting pools are a way for a player to turn a regular $20 bet on football and pit it against other players who also made $20 bets, thereby increasing their potential winnings to as high as $100,000.
Kambi also offers a simple promotion for players looking to earn a little bonus cash – a refer-a-friend program that immediately adds $50 to the referring player’s account.
There are no bets and no winners without the ability to fill a new account with money to place bets.
Based on industry standards, what’s available in Pennsylvania and what Kambi has done in the past, the method for deposits should be easy, and several payment options should be available.
In addition to credit and debit cards, Parx is set to offer a prepaid card, which makes for seamless and delay-free deposits.
Players can also expect to use PayPal, which can be connected directly to a credit card.
A direct bank transfer should be available with little to no delay.
Pennsylvania is home to hundreds of PayNearMe locations, which all have the capabilities to transfer money.
Lastly, personal check or cash will likely need to be deposited directly at a Parx Casino cage.
We expect withdrawals to be just as simple.
If a player uses a prepaid/credit/debit card, a direct bank transfer or PayPal to make their deposit, a withdrawal using the same method should be quick and easy.
For all other withdrawals, a bank transfer or electronic check will likely be arranged, although these payment methods may involve a slight processing delay.
Even before the online sportsbook launches, Parx is providing a betting guide. It is available via the sportsbook page of Parx’s website. You can either download it as a PDF or read it online.
We expect a more detailed FAQ page when Parx online sportsbook goes live. There is a lot to cover, including rewards and bonuses, geolocation and banking methods.
Most online sportsbooks in Pennsylvania are expected to offer the usual three channels for direct patron support. These are: