While investors begin evaluating the upcoming year's portfolio, those in the sports markets are digesting last weekend's results from the NFL playoffs and devising a strategy for the next round.
For those unfamiliar with the sports investing market, Tradesports.com has reinvented the site to comply with US federal regulations. This was accomplished by transforming the site for one that resembled more traditional forms of wagering (based on one isolated event) to one that is more akin to Draft Kings of Fanduel, which is based on more widespread predictions.
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Cowboys To Win (Price: 62) “YES” Total shares: 4,635 (55.5 percent) Lions To Win (Price: 38) “NO” Total shares: 3,707 (44.5 percent) Fans were posed with a dilemma: support the Cowboys who hadn't won a playoff game since 1992, or support Matthew Stafford (who was 0-17 lifetime on the road against teams who finished above .500) and the Lions. In the end, the Cowboys received 11 percent more support in terms of total shares traded, possibly due to the fact that they were playing at home. Of Note: Every winner in multi-person (other than head-to-head) contests said “YES” to the Cowboys winning.Colts Vs. Bengals
Colts To Win (Price: 60) “YES” Total shares: 1,787 (26.7 percent) Bengals To Win (Price: 40) “NO” Total shares: 4,894 (73.3 percent) Every contestant that finished in 1st place in the 14 contests for this event either had the Colts winning or the Colts winning by more than 5.5 stock correct. Fans disagreed with the pricing, as 73.3 percent of the shares traded were in support of the Bengals -- who were the clear underdog by all odds makers. The crowd rejected the notion that the Colts were heavy favorites. Part of the reason for this could have been Andrew Luck's previous playoff performances (he went 1-2 and wasn't very sharp), and recent performance in the regular season (throwing 2 INTs and for just 109 yards against Dallas in a Week 16 loss, and then 160 yards and 2 TDs against the Titans in Week 17.) Surprisingly, fans decided to support Andy Dalton's team, despite the fact that he was 0-3 in the playoffs and had 17 interceptions to go along with 19 TDs in the regular season.Steelers Vs. Ravens
Steelers To Win (Price: 57) “YES” Total shares: 2,901 (50.6 percent) Ravens To Win (Price: 43) “NO” Total shares: 2,831 (49.4 percent) This was the closest distribution of the weekend, as virtually the same number of shares supported each side. The players who finished with the best scores loaded up against the Steelers and said “NO” to the Steelers winning and to the Steelers winning by more than 3.5 points. Perhaps because of the news of star Steelers RB Le'Veon Bell, the Steelers were not supported as heavily as expected.Panthers Vs. Cardinals
Panthers To Win (Price: 59) “YES” Total shares: 1,580 (30.9 percent) Cardinals To Win (Price: 41) “NO" Total shares: 3,526 (69.1 percent) The 7-8-1 Panthers were favored by the pricing and that of all odds makers, despite the fact that they were squaring off against the 11-5 Cardinals (the game was in North Carolina and Ryan Lindley was the starting QB for Arizona). The crowd seemed to reject the outcome of the Panthers winning this game at home, possibly in part due to Cam Newton never winning a playoff game and in part due to Arizona's defense being very solid. The contestants with the highest scores all supported the Panthers getting things done in front of their home crowds, saying “YES” to the “Panthers to win” and “Panthers to win by more than 4.5 points” stocks.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Posted In: EducationTechTrading IdeasGeneralAndrew LuckAndy DaltonCam NewtonDan KarpucDraft Kings of FanduelLe'Veon BellMatthew StaffordnflRyan LindleySports Investing MarketTradesports.com
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