• Forums
  • Best Betting Sites
  • Sportsbook Promos
  • Best Sports Betting Apps
  • NFL Betting Forum
  • NBA Betting Forum
  • MLB Betting Forum
  • NHL Betting Forum
  • NCAAF Betting Forum
  • NCAAB Betting Forum
  • Soccer Betting Forum
  • Tennis Betting Forum
  • General Discussion
  • Help Forum
  • Guidelines
  • FAQ
  • Forum Updates
    Covers Logo
    Covers App
    Faster picks. Smarter bets.
    All in the NEW Covers App
    Download on the App Store Download on the Google Play Store
    • Sports
      • NFL
        • Back
        • NFL
        • NFL Home
        • Scores & Matchups
        • Prop Projections
        • NFL Picks
        • NFL Prediction Prices
        • Weather
        • Injuries
      • NCAAF
        • Back
        • NCAAF
        • NCAAF Home
        • Scores & Matchups
        • Prop Projections
        • NCAAF Picks
        • Weather
        • Injuries
      • NBA
        • Back
        • NBA
        • NBA Home
        • Scores & Matchups
        • Prop Projections
        • NBA Picks
        • Injuries
      • NCAAB
        • Back
        • NCAAB
        • NCAAB Home
        • Scores & Matchups
        • NCAAB Picks
        • Injuries
      • MLB
        • Back
        • MLB
        • MLB Home
        • Scores & Matchups
        • Prop Projections
        • MLB Picks
        • Weather
        • Injuries
      • NHL
        • Back
        • NHL
        • NHL Home
        • Scores & Matchups
        • Prop Projections
        • NHL Picks
        • Injuries
      • Soccer
      • UFC
        • Back
        • UFC
        • Odds
        • Picks
        • News & Analysis
      • WNBA
        • Back
        • WNBA
        • WNBA Home
        • Scores & Matchups
        • WNBA Picks
        • Injuries
      • CFL
        • Back
        • CFL
        • CFL Home
        • Scores & Matchups
        • CFL Picks
      • Golf
        • Back
        • Golf
        • Golf Home
        • Golf Odds
        • Masters Odds
        • PGA Championship Odds
        • US Open Odds
        • British Open Odds
        • Ryder Cup Odds
        • Golf Picks
    • Odds
      • All Odds
      • NFL
      • NCAAF
      • NBA
      • NCAAB
      • MLB
      • NHL
      • Golf
      • Soccer Odds
        • Back
        • Soccer Odds
        • MLS Odds
        • Champions League Odds
        • Premier League Odds
      • UFC
      • WNBA
      • CFL
      • Election Odds
      • Futures
        • Back
        • Futures
        • NFL
        • NBA
        • MLB
        • NHL
        • NCAAB
        • NCAAF
      • Sports Odds History
      • Politics
        • Back
        • Politics
        • Politics Home
        • Presidential Election Odds
        • Midterm Election Odds
        • House Midterm Odds
        • Senate Midterm Odds
        • Texas Midterm Odds
        • Michigan Midterm Odds
    • Picks
      • All Picks
      • NFL
      • NBA
      • NHL
      • MLB
      • NCAAF
      • NCAAB
      • UFC
      • Golf
      • WNBA
      • CFL
      • User Picks
      • Team User Picks
      • Consensus Picks
        • Back
        • Consensus Picks
        • All Consensus Picks
        • NFL
        • NBA
        • NHL
        • MLB
        • NCAAF
        • NCAAB
        • CFL
        • WNBA
        • Consensus FAQ
        • Public Money
    • Prop Projections
      • NFL
      • NBA
      • MLB
      • NHL
    • Betting
      • US Betting Sites
      • Canada Betting Sites
      • Sportsbook Reviews
      • States
        • Back
        • States
        • US Legal Tracker
        • Revenue Tracker
        • Arizona
        • Arkansas
        • California
        • Colorado
        • Connecticut
        • DC
        • Florida
        • Georgia
        • Illinois
        • Indiana
        • Iowa
        • Kansas
        • Kentucky
        • Louisiana
        • Maine
        • Maryland
        • Massachusetts
        • Michigan
        • Mississippi
        • Missouri
        • Nevada
        • New Hampshire
        • New Jersey
        • New York
        • North Carolina
        • Ohio
        • Oregon
        • Pennsylvania
        • Tennessee
        • Texas
        • Vermont
        • Virginia
        • West Virginia
        • Wyoming
      • Provinces
        • Back
        • Provinces
        • Alberta
        • British Columbia
        • Manitoba
        • New Brunswick
        • Newfoundland and Labrador
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Ontario
        • Prince Edward Island
        • Quebec (English)
        • Quebec (francais)
        • Saskatchewan
        • Yukon
      • By Sport
        • Back
        • By Sport
        • Baseball
        • Basketball
        • Boxing
        • College Football
        • F1
        • Football
        • Super Bowl
        • Golf
        • Hockey
        • Horse Racing
        • March Madness
        • Soccer
        • UFC
        • World Cup
      • Betting Apps
        • Back
        • Betting Apps
        • Best Sports Betting Apps USA
        • Ontario Sports Betting Apps
      • Rest of World
        • Back
        • Rest of World
        • UK Betting Offers
          • Back
          • UK Betting Offers
          • UK Betting Sites
          • bet365 Bonus Code UK
          • 888Sport Promo Code UK
          • William Hill Sign up Offer
          • Betway Sign up Offer
          • BetVictor Bonus Code UK
      • Betting Guides
        • Back
        • Betting Guides
        • All Guides
        • Glossary
        • Betting Calculators
          • Back
          • Betting Calculators
          • Odds Converter
          • Parlay Calculator
        • Futures Betting Guide
        • Moneyline Betting Guide
        • Over/Under Betting Guide
        • Parlay Betting Guide
        • Point Spread Betting Guide
        • Prop Betting Guide
        • Sports Betting Guides
          • Back
          • Sports Betting Guides
          • How To Bet On Sports Guide
          • NFL Betting Guide
          • NHL Betting Guide
          • NBA Betting Guide
          • MLB Betting Guide
          • NCAAB Betting Guide
          • NCAAF Betting Guide
          • Golf Betting Guide
          • Tennis Betting Guide
        • Teaser Betting Guide
      • Betting News
        • Back
        • Betting News
        • All News
        • Industry News
        • Podcasts
        • Covers Videos
        • Covers Writers
        • Offers & Boosts
    • Promos
      • Sportsbook Promos
      • Canada Sportsbook Promos
      • Bonuses By Sportsbook
        • Back
        • Bonuses By Sportsbook
        • bet365 Bonus Code
        • BET99 Promo Code
        • BetMGM Bonus Code
        • BetRivers Bonus Code
        • Caesars Sportsbook Promo
        • DraftKings Promo Code
        • Fanatics Sportsbook Promo
        • FanDuel Promo Code
        • Hard Rock Bet Promo Code
        • Sports Interaction Promo
        • Stake Promo Code
        • theScore Bet Promo Code
        • TonyBet Promo Code
      • Bonuses By Region
        • Back
        • Bonuses By Region
        • Arkansas Promos
        • Arizona Promos
        • Colorado Promos
        • Connecticut Promos
        • DC Promos
        • Illinois Promos
        • Indiana Promos
        • Iowa Promos
        • Kansas Promos
        • Kentucky Promos
        • Louisiana Promos
        • Maine Promos
        • Maryland Promos
        • Massachusetts Promos
        • Michigan Promos
        • Missouri Promos
        • New Jersey Promos
        • New York Promos
        • North Carolina Promos
        • Ohio Promos
        • Pennsylvania Promos
        • Tennessee Promos
        • Vermont Promos
        • Virginia Promos
        • West Virginia Promos
        • Wyoming Promos
    • Forum & Contests
      • All Forums
      • NFL Betting Forum
      • MLB Betting Forum
      • NCAAB Betting Forum
      • NCAAF Betting Forum
      • NBA Betting Forum
      • NHL Betting Forum
      • Soccer Betting Forum
      • Contests
        • Back
        • Contests
        • Contests Home
        • Streak Survivor
        • King of Covers
        • My Contests
    • Casino
      • Sweepstakes Casino
        • Back
        • Sweepstakes Casino
        • Sweepstakes Casino
        • Sweepstakes No-Deposit Bonuses
        • Sweepstakes Promos
          • Back
          • Sweepstakes Promos
          • Crown Coins Promo Code
          • FreeSpin Casino Promo Code
          • Jackpota Promo Code
          • LoneStar Promo Code
          • McLuck Promo Code
          • NoLimitCoins Promo Code
          • Rainbet.us Promo Code
          • RealPrize Promo Code
          • Splash Coins Promo Code
          • Stake.us Promo Code
      • US Casinos
        • Back
        • US Casinos
        • US Online Casinos
        • US Online Casino Bonuses
        • Casino Promos
          • Back
          • Casino Promos
          • bet365 Casino Promo Code
          • BetMGM Casino Promo Code
          • BetRivers Casino Promo
          • Borgata Casino Bonus Code
          • Caesars Casino Bonus Code
          • DraftKings Casino Promo
          • Fanatics Casino Promo
          • FanDuel Casino Promo Code
          • Golden Nugget Casino Promo
          • Hard Rock Bet Casino Promo
          • Hollywood Casino Promo Code
      • Canada Casinos
        • Back
        • Canada Casinos
        • Canada Online Casinos
        • Provinces
          • Back
          • Provinces
          • Alberta Online Casino
          • BC Online Casino
          • Ontario Online Casinos
        • Casino Promos
          • Back
          • Casino Promos
          • 7Bit Promo Code
          • BC.GAME Bonus Code
          • BitStarz Promo Code
          • Jack Casino Promo Code
          • JackpotCity Promo Code
          • Rainbet Promo Code
          • Roobet Promo Code
          • Shuffle Promo Code
          • Spin Casino Promo Code
          • TonyBet Casino Bonus Code
    • Prediction Markets
      • Prediction Markets
      • Prediction Market Apps
      • Prediction Market Promos
      • Kalshi Promo Code
      • Kalshi Referral Code
      • Polymarket Promo Code
      • Polymarket Referral Code
      • FanDuel Predicts Promo Code
      • Gemini Predictions Promo Code
      • Novig Promo Code
      • Underdog Promo Code
      • ProphetX Promo Code
      • OG Promo Code
      • Plus500 Promo Code
      • Betr Promo Code
      • DraftKings Predictions Promo Code
      • Fanatics Markets Promo Code
    • NFL Week 10
      NFL Week 10
      • NFL Odds
      • NFL Picks
      • Commanders-Giants Picks
      • Week 10 Survivor Picks
      • NFL Prediction Markets
      • NFL Betting Sites
    Covers Account
    Log in Create account
    Join free Log in
    All Forums | Investments

    Input/suggestions on this venture

    BustinPiles
    wallstreetcappers
    accventures
    Participants:
    Search
    Views: 334
    Posts: 8
     
    BustinPiles
    BustinPiles
    All-Star
    Participation Meter
    Joined: Nov, 2005
    Posts: 10350
    Posted: Aug. 22, 2007 - 11:51 PM ET #1

    Ok, I got invited to attend a prospective joint venture between physicians and a hospital for buliding and delivering an outpatient imaging center.
     
    In most situations a physician cannot have ownership in a place they refer business too under Stark's law (unless it is a rural area without other available access) according to the attorney.
     
    This deal works this way to circumvent this and is legal.The hospital owns the land where an existing building is present and is intended to be leveled.
     
    The LLC that is formed (primarily physcians with a small involvement of the hospital) will be allowed to purchase individual units at $15,000
    a piece to raise 3.5 M for the construction of the facility. Any amount not raised currently estimated at $850,000 will be financed through a bank. The LLC will actually own the building.
     
    The hospital then has a lease for use of the facility for outpatient radiology/imaging with the LLC for 50 years. In return each unit is expected to get $1,800 per year return. After satisfaction of the 10 year loan to the bank ...the return will be $2,500 per year.
     
     
    As part of the lease agreement the hospital is responsible for all equipment, maintenace, property tax, insurances, security et al. The physicians in no way shape or form are considered to be guaranteers on the success of the enterprise as we are esentially landlords nor are we at risk of being individually sued. In the event the hospital were to be sold the lease is transferable to the new entity for the term of the lease 50 years.
     
    Also the units are only active for the length of your practice/ being on stafff at the hospital. If you were to retire or relocate your units would need to be sold. They would be offered first to the other participating physicians for sale purchase and if not sold to them then the hospital will acquire them. The units are obviously not for sale on the open market.
     
    Help me out here aside from the possiblity of the hospital becoming insolvent and filing for bankruptcy. Where  else could I lose my unit(s) investment. I can't think of another risk in this proposition that will initially net 13% for the first 10 years and 16.7% in the years that follow.
     
    Again this was a preliminary discussion and they intend on proceeding with the venture irregardless of the amount of physician involvement.The hospital I would estimate has been in business for > 80 years also and is need of expansion and trying to offer an incentive for physicians
     
    Any insights are appreciated.
     
     
     
     
     
     
    Reply
    To remove first post, remove entire topic.
    Ok, I got invited to attend a prospective joint venture between physicians and a hospital for buliding and delivering an outpatient imaging center.
     
    In most situations a physician cannot have ownership in a place they refer business too under Stark's law (unless it is a rural area without other available access) according to the attorney.
     
    This deal works this way to circumvent this and is legal.The hospital owns the land where an existing building is present and is intended to be leveled.
     
    The LLC that is formed (primarily physcians with a small involvement of the hospital) will be allowed to purchase individual units at $15,000
    a piece to raise 3.5 M for the construction of the facility. Any amount not raised currently estimated at $850,000 will be financed through a bank. The LLC will actually own the building.
     
    The hospital then has a lease for use of the facility for outpatient radiology/imaging with the LLC for 50 years. In return each unit is expected to get $1,800 per year return. After satisfaction of the 10 year loan to the bank ...the return will be $2,500 per year.
     
     
    As part of the lease agreement the hospital is responsible for all equipment, maintenace, property tax, insurances, security et al. The physicians in no way shape or form are considered to be guaranteers on the success of the enterprise as we are esentially landlords nor are we at risk of being individually sued. In the event the hospital were to be sold the lease is transferable to the new entity for the term of the lease 50 years.
     
    Also the units are only active for the length of your practice/ being on stafff at the hospital. If you were to retire or relocate your units would need to be sold. They would be offered first to the other participating physicians for sale purchase and if not sold to them then the hospital will acquire them. The units are obviously not for sale on the open market.
     
    Help me out here aside from the possiblity of the hospital becoming insolvent and filing for bankruptcy. Where  else could I lose my unit(s) investment. I can't think of another risk in this proposition that will initially net 13% for the first 10 years and 16.7% in the years that follow.
     
    Again this was a preliminary discussion and they intend on proceeding with the venture irregardless of the amount of physician involvement.The hospital I would estimate has been in business for > 80 years also and is need of expansion and trying to offer an incentive for physicians
     
    Any insights are appreciated.
     
     
     
     
     
     
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58464
    Posted: Aug. 23, 2007 - 12:02 AM ET #2

    That rate of return seems paltry for the risk associated.

    I am sure if you looked hard enough you could find better.

    Reply
    That rate of return seems paltry for the risk associated.

    I am sure if you looked hard enough you could find better.

     
    BustinPiles
    BustinPiles
    All-Star
    Participation Meter
    Joined: Nov, 2005
    Posts: 10350
    Posted: Aug. 23, 2007 - 12:09 AM ET #3

    Thanks for the response wallstreet...
     
    You are probably right on the rate of the return... I really don't think the risk is that great (the hospital is independently owned and in good fiancial shape) Suffice it to say it is not a Tenet owned facility
     
    I got to sleep long and hard on this one... That is why I posted it to make sure I'm not blinded to the negatives.
     
    Reply
    Thanks for the response wallstreet...
     
    You are probably right on the rate of the return... I really don't think the risk is that great (the hospital is independently owned and in good fiancial shape) Suffice it to say it is not a Tenet owned facility
     
    I got to sleep long and hard on this one... That is why I posted it to make sure I'm not blinded to the negatives.
     
     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58464
    Posted: Aug. 23, 2007 - 12:30 AM ET #4

    The issue to me is this..

    You dont know the actual costs incurred until it happens.

    What are the assumptions of occupancy and administrative costs? I would want a total projected P&L and where they came to the conclusions, and other examples from existing operations to see how they came to the numbers they did.

    I dont know if I would settle for a set rate of return for investing into the LLC, and I would want some boundaries set for best and worst case scenarios..
    Reply
    The issue to me is this..

    You dont know the actual costs incurred until it happens.

    What are the assumptions of occupancy and administrative costs? I would want a total projected P&L and where they came to the conclusions, and other examples from existing operations to see how they came to the numbers they did.

    I dont know if I would settle for a set rate of return for investing into the LLC, and I would want some boundaries set for best and worst case scenarios..
     
    BustinPiles
    BustinPiles
    All-Star
    Participation Meter
    Joined: Nov, 2005
    Posts: 10350
    Posted: Aug. 23, 2007 - 12:49 AM ET #5

    Walsteet-


    What are the assumptions of occupancy and administrative costs?   To my understanding from this preliminary discussion those are are all the hospital's responsibility. Another negative is unit holders would see no return, until after the facility is constructed  likely within 12- 18 months.

    I would want a total projected P&L and where they came to the conclusions, and other examples from existing operations to see how they came to the numbers they did.


     The representative of this 3rd party with the attorney who did the power point presentation showed several of their other facilities that are currently under this model and profiting , and several that are set to breakground this fall... I assume that is where they arrived at these preliminary numbers.


    I dont know if I would settle for a set rate of return for investing into the LLC,

    I agree wholeheartly on this point. Hence the paltry return even if this facility's profits go throught the roof.

     and I would want some boundaries set for best and worst case scenarios..

    Worst case scenarios I can imagine:1) Bankruptcy of the hospital

    2) The Federal Government ammends Stark's law to prohibit such a venture.... Not sure how they would remedy the sale of the units owned by physicians.


     

    Reply

    Walsteet-


    What are the assumptions of occupancy and administrative costs?   To my understanding from this preliminary discussion those are are all the hospital's responsibility. Another negative is unit holders would see no return, until after the facility is constructed  likely within 12- 18 months.

    I would want a total projected P&L and where they came to the conclusions, and other examples from existing operations to see how they came to the numbers they did.


     The representative of this 3rd party with the attorney who did the power point presentation showed several of their other facilities that are currently under this model and profiting , and several that are set to breakground this fall... I assume that is where they arrived at these preliminary numbers.


    I dont know if I would settle for a set rate of return for investing into the LLC,

    I agree wholeheartly on this point. Hence the paltry return even if this facility's profits go throught the roof.

     and I would want some boundaries set for best and worst case scenarios..

    Worst case scenarios I can imagine:1) Bankruptcy of the hospital

    2) The Federal Government ammends Stark's law to prohibit such a venture.... Not sure how they would remedy the sale of the units owned by physicians.


     

     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58464
    Posted: Aug. 23, 2007 - 1:08 AM ET #6

    Here is another issue..

    What is the exit strategy? What if you wanted to sell, are you able to sell back to the LLC for what you paid or more or less? Do you need approval to sell the units if you were able to find a buyer?

    Even if the hospital takes care of costs like utilities etc, there are costs associated with ownership such as taxes, insurance, management, LLC costs...

    Are there guaranteed salaries to certain individuals who are constructing the LLC on a yearly basis? What kind of control do you have as to seeing financials and making decisions? Did you mention this is non-voting units?

    What about adding more debt or making financial decisions, is that only done by certain members of the LLC?

    I would still want to see a projected P&L and I would want to know how the LLC deals with additions or deletions of unit holders and to make sure that the structure you see is not changeable, meaning that your ownership interest cannot be diluted if they wanted to raise MORE funding for some reason, or say if costs exceed budget for the construction or the terms on the bank loan exceed expectations or if occupancy doesnt happen the way expected. And what if the hospital takes issue with the location or wants to go a different route etc..

    For SURE I would have a lawyer of your choosing look at the proposal and see what they think..make sure the lawyer is one who is familiar with these sort of transactions.
    Reply
    Here is another issue..

    What is the exit strategy? What if you wanted to sell, are you able to sell back to the LLC for what you paid or more or less? Do you need approval to sell the units if you were able to find a buyer?

    Even if the hospital takes care of costs like utilities etc, there are costs associated with ownership such as taxes, insurance, management, LLC costs...

    Are there guaranteed salaries to certain individuals who are constructing the LLC on a yearly basis? What kind of control do you have as to seeing financials and making decisions? Did you mention this is non-voting units?

    What about adding more debt or making financial decisions, is that only done by certain members of the LLC?

    I would still want to see a projected P&L and I would want to know how the LLC deals with additions or deletions of unit holders and to make sure that the structure you see is not changeable, meaning that your ownership interest cannot be diluted if they wanted to raise MORE funding for some reason, or say if costs exceed budget for the construction or the terms on the bank loan exceed expectations or if occupancy doesnt happen the way expected. And what if the hospital takes issue with the location or wants to go a different route etc..

    For SURE I would have a lawyer of your choosing look at the proposal and see what they think..make sure the lawyer is one who is familiar with these sort of transactions.
     
    BustinPiles
    BustinPiles
    All-Star
    Participation Meter
    Joined: Nov, 2005
    Posts: 10350
    Posted: Aug. 23, 2007 - 1:14 AM ET #7

    Good points ...And exactly the kinds of input I was looking for to investigate this further.
     
     My best friend is an attorney and I'm sure he will recommend me to someone who has expertise in this type of law.
     
    I got to go to bed... I'll share more on this as more details become available. Unfortunately I can't answer those questions and are certainly some of things I hadn't thought of yet.
     
     
     
     
    Reply
    Good points ...And exactly the kinds of input I was looking for to investigate this further.
     
     My best friend is an attorney and I'm sure he will recommend me to someone who has expertise in this type of law.
     
    I got to go to bed... I'll share more on this as more details become available. Unfortunately I can't answer those questions and are certainly some of things I hadn't thought of yet.
     
     
     
     
     
     
    accventures
    accventures
    Legend
    Participation Meter
    Joined: Jan, 2005
    Posts: 33235
    Posted: Aug. 24, 2007 - 3:46 PM ET #8

    Quote Originally Posted by wallstreetcappers:

    That rate of return seems paltry for the risk associated.

    I am sure if you looked hard enough you could find better.

     

    Doctors are perhaps the worst business people you will ever meet as a general rule. 

    Reply
    Quote Originally Posted by wallstreetcappers:

    That rate of return seems paltry for the risk associated.

    I am sure if you looked hard enough you could find better.

     

    Doctors are perhaps the worst business people you will ever meet as a general rule. 

    All Forums | Investments

    Hot Forums IconHot Forum Topics

    • Tuesday 11/10/2026 353
    • BEAT Your book 127,560
    • 🏈🏈🏈 Fubah2's risky CFB bets 300,746
    • I'm embarrassed for Trump supporters 63,593
    • $$ALL IN ( 2x5uNIT=1-O,5UnitUNDER=4-2,5Unit over=1-O,5Unit ATS=2-O,2Unit=4-o_ =+ 43 Units 5,907
    • Florida Man Tuesday 4,356
    • *EdgeHunter Ohio VS Miami Ohio - NEW WEEK, NEW MONEY!* 3,019
    • Bags Tuesday LARGE **Michigan State vs Duke** 2,385
    • Trump's legacy? 37,171
    • PART DEUX 86

    Warning - External Link

    Report User

    Thank you for reporting
    This content is abusive or harmful
    This post is spam
    An error has occurred
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Delete Post

    Are you sure you would like to remove this post?

    Remove Thread

    Are you sure you would like to remove this thread?

    Scan Results

    Login/Register

    Happy to have you join the conversation. To do so, please login or create an account.
    Accounts are free and easy to create.

    Search


    Loading…

    Loading…

    About Us
    Contact Us
    Careers
    Our Team
    Brand
    Testimonials
    Betting Guides
    Sportsbook Reviews
    Betting News
    Podcasts
    Responsible Gambling
    Betting Sites
    US Betting Sites
    Canada Betting Sites
    Canada Casinos
    Best Betting Apps
    Contests
    Streak Survivor
    King of Covers
    Office Pools
    The Covers community has
    810,221
    lifetime members worldwide
    Join our community today
    Covers 30 Years Logo Established in 1995,
    Covers is the world
    leader in sports
    betting information.
    21+
    Gambling problem? Call 1-800-GAMBLER
    Help Privacy Privacy Choices Terms of Service Cookies Sitemap Forum
    YouTube logo
    Facebook logo
    Twitter logo
    Instagram logo
    LinkedIn logo
    Google News logo
    Covers is verified safe by:
    Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo
    Covers Logo
    Copyright © 1995 - 2026 Genius Sports. All Rights Reserved.
    If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.