The Score Bet App

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– Agreement with operator of New Jersey-based Monmouth Park Racetrack provides theScore with market access to offer online and mobile sports betting throughout the state

TheScore is a mobile sportsbook from the famed sports news and scores app of the same name. TheScore.Bet launched in September 2019 with a $100 welcome bonus, cross-app integration and a. Once you've created your account, login to theScore Bet app and select what bets you'd like to place from the offerings available in your preferred markets. Once you tap your selection it will automatically appear on your betslip.

– Powered by cutting edge sports betting platform from Bet.Works

– Planned launch in mid-2019, subject to receipt of required regulatory approvals and licenses

TORONTO, December 18, 2018 – theScore, Inc. (TSX Venture: SCR) (“theScore” or the “Company”) today announced plans to launch a mobile sportsbook in the United States in 2019 after securing market access through an official licensing partnership with Darby Development LLC (Darby), the operator of the Monmouth Park Racetrack in New Jersey and the New Jersey Thoroughbred Horsemen’s Association (NJTHA).

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This agreement paves the way for theScore to offer online and mobile sports betting across New Jersey, subject to receiving all required approvals and licenses from the State of New Jersey Division of Gaming Enforcement (DGE) and the New Jersey Racing Commission (NJRC). Subject to receipt of these approvals, theScore anticipates rolling out its sports betting platform in New Jersey in mid-2019. Sports fans can sign-up to receive updates on theScore’s launch plans at www.theScore.bet.

“This is a significant moment for theScore, becoming the first media company in North America to announce its plans to launch online and mobile sports betting in the United States,” said John Levy, Founder and CEO of theScore. “Sports betting has long been part of our company DNA in how we’ve delivered content to fans. Providing the ability to actually bet on games is the natural next phase for theScore.

“With the rapid growth of mobile and in-game wagering, we are perfectly positioned to deliver a unique and amazing sports betting experience. Our large and engaged app audience spans every single U.S. state and highly indexes with sports betting enthusiasts. We can’t wait to bring a sports betting product to market and capitalize on this exciting opportunity in New Jersey and other regulated states.”

Dennis Drazin, CEO and Chairman of Darby Development LLC, is a highly-experienced gaming operator and played an integral role in the repeal of the Professional and Amateur Sports Protection Act of 1992 (PASPA), which largely prohibited sports betting across the U.S. PASPA was repealed by the U.S. Supreme Court in May 2018, allowing individual states to offer legalized, regulated sports betting.

Drazin said: “theScore has one of the leading sports apps in North America, a world-class reputation for mobile sports development, and a large and highly-engaged audience. Combined with Bet.Works’ best-in-class technology and their team of experienced sports book operators that will power theScore’s digital sports betting platform, we’re thrilled to welcome them to our exclusive family of partners offering sports wagering in New Jersey.”

The agreement between Darby, the NJTHA and Score Digital Sports Ventures Inc. (“Score”) provides that Score will be the operator of a branded sportsbook pursuant to one of the sports wagering licenses conferred upon the NJTHA by the DGE, subject to receipt of all required regulatory approvals and licenses. Pursuant to the agreement, Darby is entitled to a certain percentage of the revenue derived from Score’s operation of the sportsbook, subject to certain annual minimum guaranteed amounts as well as certain upfront fees and renewal fees, if applicable. The agreement has a term of up to fifteen years, consisting of an initial term of five years, which is extendable for two successive five-year terms at the option of Score.

In addition, Score has executed a binding term sheet with Bet.Works (US) LLC, whose proprietary, cutting-edge sports betting technology will power theScore’s online and mobile sports betting platforms. Pursuant to the multi-year agreement, Bet.Works will be the exclusive supplier of sportsbook and casino technology to theScore in the United States and also provide certain operational services to theScore to facilitate its sports betting operations.

Bet.Works is a U.S. based igaming and sportsbook provider, with a management team handpicked from among the most successful gaming operators in the country. Bet.Works offers a flexible suite of proprietary gaming solutions that uses some of the most advanced technology in the market today. Coupled with a sophisticated managed service offering, Bet.Works is uniquely positioned to provide American based solutions to enterprise, tribal and regional clients.

David Wang, Founder and CEO of Bet.Works said: “We are extremely excited about working with theScore. They have a huge audience and one of the most comprehensive sports apps on the market, providing the connective tissue between hardcore sports fans and the teams they love. We are confident the Bet.Works team can help theScore to the forefront of mobile sports betting in New Jersey and beyond.”

Contact:
James Bigg
theScore
Sr. Manager, Communications
[email protected]
647.638.9281

Elisa Richardson
theScore
Manager, Media Relations
[email protected]
646.901.8536

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About theScore Inc.
theScore’s mission is to create highly-engaging digital products and content that empower the sports fan’s experience. Its flagship mobile app ‘theScore’ is one of the most popular multi-sport news and data apps in North America, serving millions of fans a month. The Company also creates innovative digital sports experiences through its web, social and esports platforms. theScore is publicly traded on the TSX Venture Exchange (SCR).

Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, the receipt of all required approvals and licenses from the DGE and NJRC and those factors which are discussed under the heading “Risk Factors” in the Company’s Annual Information Form as filed with the TSX Venture Exchange and available on SEDAR atwww.sedar.com and elsewhere in documents that theScore files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.

TheScore Bet Sportsbook is live and available in several states around the US. So far it has launched in Colorado, Indiana, New Jersey and Iowa.

The Canadian-based sports media company was known for providing sports news and scores through its website and app. It has now joined the legal sports betting industry in multiple states and is looking to continue its growth.

TheScore entered the Colorado market through its partnership with Jacobs Entertainment. The company owns a few casinos in the area, including The Gilpin Casino in Black Hawk.

In Indiana, theScore launched thanks to its sports betting partner, Penn National Gaming, which owns casinos in over 10 states. One of Penn’s Indiana casinos is the Ameristar East Chicago, which is now partners with theScore Bet.

In the Garden State, theScore’s deal is with the Monmouth Park Racetrack in Oceanport. And it has launched in Iowa via its partnership with PNG.

The sportsbook is powered by technology provider Bet.Works. This review will include all of the information you need to know about theScore Bet and break down each part of the sportsbook.

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TheScore Bet welcome offer

TheScore features one of the best welcome bonuses available in any market around the US. The online sportsbook delivers the same welcome offer in each state that it’s currently live in. Bettors in Colorado, Indiana, New Jersey and Iowa can all take advantage of both a first-deposit matching bonus and a risk-free first wager.

Deposit-match bonus

New users who sign up for theScore Bet will receive a first deposit match of up to $1,000. The online sportsbook will 100% match whatever you choose to add to your account through your initial deposit. You must deposit at least $10 to qualify.

Customers will get their bonus of up to $1,000 in the form of credit. These bonus funds will transfer into withdrawable cash as you bet, at a rate of 5%. This means that a bet of $100 would change $5 in bonus money to cash.

The deposit-match offer is available once per customer.

Risk-free bet

TheScore Bet also provides a risk-free bet up to $500 for all new users’ first wager. After you deposit, if you lose your initial bet, theScore will give you up $500 back in credit.

Only losing bets will qualify for this bonus. If your first bet on theScore wins, then you only get the funds from your original bet. Futures do not count as a qualifying wager.

The credit will be applied to your betting account as a free bet. Just like the deposit bonus, new bettors can only take advantage of this deal once.

Is theScore Bet legal?

TheScore Bet is now a legal and regulated online sportsbook in New Jersey, Colorado, Indiana and Iowa. Residents in any of these states can download theScore Bet Sportsbook app and begin betting on sports today.

Creating an account at theScore Bet Sportsbook

Creating an account with theScore Bet is an easy process and shouldn’t take much time to complete. For starters, you’ll need to supply some general information about yourself:

• Name
• Date of birth
• Home address
• Email
• Phone number
• Social Security number

When signing up, you’ll need to provide a username and password you’ll use to gain access to theScore Bet each time. The online sportsbook also requires you to fill out a few security questions.

The only other thing you’ll need to do to complete signing up is agree to theScore’s terms, along with confirming you are legally old enough to wager. While most states have laws that say you must be at least 21 to bet on sports, there are some areas where the betting age is just 18. In Colorado, Indiana, New Jersey and Iowa, you must be 21 or older to bet with an online sportsbook.

Registration eligibility at theScore Bet

In order to bet with theScore, there are a few conditions that you need to meet. As mentioned, you need to be old enough to legally bet with the online sportsbook.

The other necessity is that you are physically located within the state that offers the online sportsbook. Every sportsbook app uses geolocation technology to see where you are. If you’re not actually inside of the state where the online sportsbook is offered, then you won’t be able to bet.

This means that theScore users must be located in one of the states where it can legally operate. So far, that constitutes the four states mentioned above, though that list will expand if theScore Bet becomes legal in additional states.

Although most people in legal areas can bet with theScore Bet, there are some who can’t. Those with jobs that can directly impact a sporting event are not allowed to wager on sports. Professions such as players, coaches, officials and trainers can’t use online sportsbooks like theScore. Key casino employees can’t wager with theScore Bet, either.

Using theScore Bet sportsbook app

Bet.Works and theScore combined for theScore Bet, which offers a first-of-its-kind experience.

theScore Bet was built completely from the ground up to allow for integration into theScore media app. The two apps contain links that will open theScore Bet from theScore to place bets on a particular game. On the flipside, theScore Bet has links on betting pages to the breakdown of the game matchup or other content in theScore media app.

Having a basic platform that’s neatly organized is key to creating a quality mobile app. Users want something that’s straightforward and easy to navigate. The top sportsbooks in NJ all follow this method.

Two takeaways that translate over are its app’s organization and convenience. TheScore’s app has categories separated with different tabs at the bottom to feature the various sections of the app clearly. Also, the homepage allows customers to customize which teams and news they view first.

The mobile app is available for both iOS and Android customers. Apple users can find it in the App Store, while those with an Android device will download the app directly from theScore’s website.

Promotions

Beyond the welcome offers in place for new customers, theScore Bet includes other promos. Customers in Colorado, Indiana, New Jersey and Iowa all can take advantage of theScore’s parlay protection for parlays of four or more legs.

With this promotion, theScore insures your parlay up to $10 in case it doesn’t win. By placing a parlay that involves at least four selections, you are eligible to receive the refund. If your parlay loses, then theScore Bet will refund your bet in full, up to $10. The credit is applied to your sportsbook account as a free bet.

The best part of this offer is that your parlay can completely miss, and you’re still able to get your money back. Even if you happen to lose every leg of your parlay, theScore will still provide the refund.

While theScore Bet doesn’t have any other deals listed at the moment, it will likely introduce more going forward. If it wants to compete with the best options in each market, then it likely will need to give customers even more ways to regularly cash in.

Downloading the theScore Bet app

TheScore’s online sports betting app is available for download in multiple parts of the US already. Downloading the app is a painless and quick process.

The app is available for Apple and Android devices. To get it, you can go to theScore Bet’s website to find the appropriate link for your device that will download the online sportsbook. Once the app is downloaded, you’re just a few clicks away from being able to start betting.

Unfortunately, it appears as though theScore Bet is only offered through its app at the moment. The online sportsbook so far doesn’t have a browser-based version that you can access as a website like many other operators.

Depositing and withdrawing at theScore Bet

TheScore Bet does give you lots of ways to conduct banking, with plenty of methods to deposit and withdraw money. Right now, you’re able to deposit in the following ways:

• ACH/e-check
• Credit/debit card (Visa, Mastercard or Discover)
• TheScore Bet Play+ prepaid card

Customers are able to withdraw in many of the same methods. The online sportsbook allows you to collect money through online banking or e-check, as well as your Play+ prepaid card. Bettors in New Jersey have an additional option. They can go pick up their winnings in person from the cage at Monmouth Park Racetrack.

What kind of bets can you make at theScore Bet

Once you have money on your account, theScore Bet provides a variety of ways to place a wager. Customers in each state that offers the online sportsbook can bet in the following ways:

• Moneylines
• Parlays
• Teasers
• Round robins
• Live
• Props
• Futures
• Point spreads
• Totals

You’re able to bet on the majority of sports available through any of these methods. Since theScore gives its customers so many choices, gamblers of all experience levels are likely to find the right route for them.

Live betting

Live betting is one of the most common ways bettors utilize theScore Bet. With the expansion of online sports betting apps, live wagering is now more popular than ever.

Live, in game bets allow you to put action down on a game basically whenever you’d like to. You’re no longer forced to get your wager in prior to the event starting. Now, you can bet on a game almost until the final whistle.

Odds are updated instantly as the play on the field occurs. As the game continues, the online sportsbook will provide new odds to represent the current score and flow of the event.

The best online sportsbooks in the US all give their customers a vast selection of live markets to bet on. Outside of standard odds like moneylines, point spreads and totals, they give you plenty of other markets.

These can include team, player, and game props depending on which sport you’re betting on and how much time is remaining. TheScore Bet does a great job of supplying its users with more than enough choices when it comes to live betting.

What sports can you bet on at theScore Bet sportsbook

TheScore Bet offers a variety of sports to wager on. Although it might not have the most thorough list of markets, the online sportsbook does have all of the major sports available, and some others:

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• Basketball
• Baseball
• Hockey
• Soccer
• Tennis
• MMA
• Boxing
• Rugby

TheScore Bet sportsbook states

The sportsbook’s growth within the US so far could be just a sign of things to come. It will likely continue to expand to additional states around the country, too. Currently, all of the following states have legal sports betting markets in place:

• Colorado
• Indiana
• Iowa
• New Jersey

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Some other locations are almost there. These states have bills on file or have already legalized sports betting and will be introducing a new market soon:

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Don’t be surprised to see theScore Bet launch in other areas of the US in the near future.