Boyd Sports Betting App
- B Connected Race & Sports is the fastest, easiest way to legally bet on sports and horse racing in Nevada. This app features real-time odds, point spreads, and account information from Boyd Gaming Sportsbooks in Nevada. The app is FREE and easy to download. Wager on all your favorite sports and horse races with the touch of a finger.
- To download from the app store, go to the app store on your phone and search for 'B Connected Sports'. Select 'Install' to download the free app. To download from your computer, go to the app store on your computer and search for 'B Connected Sports.'
Boyd Gaming is the second largest operator in the Las Vegas locals market. It also owns three downtown casinos.
Boyd Gaming launched its sports betting app in September 2014. It uses the BConnected Sports brand. BConnected is the name of the Boyd Gaming players club.
BConnected Sports uses the Miomni platform. It is the same software used by Wynn, Westgate, and Treasure Island.
Boyd Gaming launched its sports betting app in September 2014. It uses the BConnected Sports brand. BConnected is the name of the Boyd Gaming players club. BConnected Sports uses the Miomni platform.
Types of wagers offered by BConnected Sports app
The betting menu at BConnected Sports is limited.
- There are only six typical sports offered by BConnected Sports. They are football, baseball, basketball, hockey, golf and boxing. There are seasonal tennis, NASCAR and mixed martial arts on the board.
- Straight bets, parlays and teasers are accepted on the BConnected Sports mobile app.
- Win totals, futures and prop bets are available.
- BConnected Sports does not offer live betting. Players looking for exotic parlay and teaser cards must go to a Boyd Gaming sports book.
BConnected Sports Deposit Bonus
BConnected Sports app does not offer players a first deposit bonus.
BConnected Sports Deposit Options
Players may deposit cash or gaming chips at any Boyd Gaming sports book. Visa and Mastercard debit and credit cards are also accepted. Credit card transactions are processed as cash advances.
Boyd Gaming sportsbooks are located at Aliante Casino, Cannery, Eastside Cannery, Suncoast, The Orleans, Gold Coast, California, Fremont, Sam’s Town, Jokers Wild and Eldorado.
The minimum deposit is $50.
BConnected Sports app withdrawal options
The only way to receive a withdrawal from BConnected Sports is to return to a Boyd Gaming sports book. It does not have to be the same one that the deposit was made.
Bricks-and-mortar casinos related to BConnected Sports
BConnected Sports has 11 affiliated sports books. All are at Las Vegas Boyd Gaming casinos.
Suncoast, Gold Coast, and The Orleans are located in the Las Vegas locals market west of the Strip. California and Fremont are downtown. Sam’s Town, Jokers Wild and Eastside Cannery are on Boulder Highway. Eldorado is in downtown Henderson. Cannery is in North Las Vegas.
There is no sports book at Main Street Station. There is a bridge across Main Street that connects it with California.
Advantages to BConnected Sports over competitors
- The biggest advantage BConnected Sports has over competitors is its number of locations. Most Las Vegas locals live within a few miles of a Boyd Gaming casino.
- The $50 minimum is competitive with other sports books.
- Players do not have to have an account to open the app and look at the lines.
Disadvantages BConnected Sports has over competitors
- The Miomni app is not unique. It is used by Treasure Island, Wynn andWestgate. These casinos offer better odds than Boyd Gaming does on parlays, baseball, teasers and futures bets. These competitors also post lines faster.
- Boyd Gaming requires players to go to the sports book to make a deposit and withdrawal.
- The app has an annoying bug that makes it not launch if the device’s wifi is activated. A data subscription is required on the device for it to work. The BConnected Sports app cannot be wagered on with a tablet that does not have an associated cell service package. Bettors cannot even open the app to look at the lines. This is one of the biggest complaints about the product.
- There are fewer sports available on the app.
- The $5 minimum bet is on par with others in the market, although some accept $2 wagers. The $500 max bet is the lowest among all Nevada sports apps.
- Players outside of Las Vegas have no deposit options for the app. This will make it undesirable for most players in rural and northern Nevada.
Online sports betting has helped the casino industry survive the coronavirus pandemic, and Boyd Gaming(NYSE: BYD) may be among the top operators to capitalize on a reopened economy.
Because it doesn't rely upon the Las Vegas Strip for gambling revenue, has broad geographical diversity, and is expanding its partnership with the leading sportsbook in the country, Boyd could be the best bet in gambling for a post-coronavirus market.
Stripped to the bone
Casinos on the Strip are allowed to operate at 25% of their capacity as of this writing. But because they rely on tourist traffic, operators like Caesars Entertainment and MGM Resorts International are struggling harder than Boyd or Red Rock Resorts, which cater to local residents.
Popular Searches
Data from the Las Vegas Convention and Visitors Authority showed just 17.8 million visitors to the city in 2020 (through November), a 54.5% decline from the same period in 2019. That's on pace for the lowest turnout in 32 years.
This development is hitting casino revenue hard. The Nevada Gaming Control Board said that since all casinos were allowed to reopen in June, revenue tumbled 25.8% through November, but on the Strip, revenue plunged 40.8% year over year.
The one bright spot was the state's sportsbooks, which saw record numbers in November, winning a net $61.8 million. It was the best one-month performance the sportsbooks have seen in the 50-year history of sports wagering in the state.
Think global, act local
The faster recovery with locals elevated Boyd Gaming's performance in the third quarter, so despite local gambling revenue declining 20% year over year, adjusted EBITDAR (earnings before interest, taxes, depreciation, amortization, and restructuring/rent) reached record levels, jumping 23% to $78.9 million for that segment, and operating margin surged over 1,600 basis points to 46.1%.
That played out in Boyd's other markets as well, such as the Midwest and South segment where revenue also fell 15%, but adjusted EBITDAR increased almost 17% with operating margin rising 1,100 basis points to 39.4%. And that also accounts for closures due to two hurricanes.
Consumers staying closer to home plays to Boyd's strengths, and that dynamic is paying off for investors too as its stock is up over 70% in the past year and has more than doubled since the beginning of June when its casinos in most regions were reopened, albeit with capacity restrictions and other safety protocols in place. Not being locked into primarily a tourist destination has served the company well.
A sporting chance of success
What arguably holds the most potential for Boyd Gaming, though, is its sports betting business. With one of the biggest sportsbooks in Nevada, Boyd has taken the growing legalization of sports betting to heart.
It has opened numerous sportsbooks at its casinos in states where permitted; partnered with MGM Resorts in 2018 to offer online and mobile gambling; and signed an agreement with International Game Technology(NYSE: IGT) at the same time and expanded it last year to use IGT's technology at Boyd's Nevada casinos, where it will also install IGT's self-service PlaySports kiosks.
Sports Betting Websites
Boyd and IGT have had a sports betting partnership since 2018 with the PlaySports platform also fueling Boyd Gaming-owned properties in Indiana, Iowa, Mississippi, and Pennsylvania.
The company has been able to vastly upgrade its existing sportsbook in Vegas, giving players extensive new betting options for each event, both in the U.S. and internationally, across all types of sporting events. Mobile and in-play sports betting have become more popular than ever during the pandemic, and Boyd's B Connected Sports app gives the casino operator an opportunity to attract players too.
Top Sports Betting Apps
Then, there's Boyd's investment in Flutter Entertainment's (OTC: PDYPF) FanDuel, the largest sportsbook in the country. Boyd owns 5% of the business, and they're partnering to add sportsbooks at various casinos.
Best Sports Betting Mobile Apps
Last August, for example, the partners opened the FanDuel Par-A-Dice Sportsbook in Illinois, adding it to the eight other retail sportsbooks at Boyd properties in five states. The two have also introduced mobile sports-betting apps in Indiana and Pennsylvania.
Good odds
Boyd Gaming remains a top name in the casino industry and the sports betting market. Its stock is not the same bargain it was six months ago, and the market has priced a lot of its leadership qualities into the shares. But there's good reason to think it can continue to grow into its valuation.
It has prime real estate off the Vegas Strip, is spread out over nine other states, and has a top-notch sports wagering operation using some of the best partners in the industry. As sports betting continues to set records and become legal in more states, look for an investment in Boyd Gaming to pay off big.
Rich Duprey has no position in any of the stocks mentioned. The Motley Fool recommends Boyd Gaming and recommends the following options: short March 2021 $40 calls on Boyd Gaming. The Motley Fool has a disclosure policy.
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