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Home»Sports»Why Bettors Favor Super Bowl Props
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Why Bettors Favor Super Bowl Props

February 7, 2023No Comments2 Mins Read
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As final yr’s Tremendous Bowl kickoff grew close to, the cell sportsbook DraftKings reported it was taking 21,000 bets per minute. Mega-operators like DraftKings are in a position to provide as many props as Kornegay’s SuperBook Sports activities, if no more, and their clients have come to anticipate it.

“We’re by no means going to have the ability to duplicate the identical measurement of menu and even come near that, frankly,” mentioned Jeffrey Benson, the sportsbook operations supervisor at Circa Sports activities, Las Vegas’s largest sportsbook. Fairly than attempt to compete with the sheer quantity of the massive operators, Benson determined to compete for originality, crowdsourcing Circa’s prop menu on social media.

He asked bettors on Twitter which props they’d wish to see provided and Benson and his workforce selected dozens of their favourite responses, together with “Will Travis Kelce get extra receiving yards than Jason Kelce snaps performed?” and “Will any participant rating 8 factors on one drive?”

The SuperBook’s menu evolves from yr to yr as effectively. “At this time limit, it’s very robust to give you new propositions,” Kornegay mentioned, “however we got here up with a pair new ones.”

This yr, the ebook will provide props on whether or not both workforce will convert a fourth down in its personal territory, one thing unthinkable a decade in the past, however now an more and more frequent incidence within the N.F.L. “The Eagles have achieved it like 4 instances,” Kornegay mentioned.

Providing an unique Tremendous Bowl prop wager is just not with out threat, nevertheless. Benson and Chris Bennett, Circa’s director of threat, are a two-person workforce relating to pricing these new props. They don’t fear an excessive amount of about whether or not or not they get the worth proper or flawed, as a substitute letting the market do the work whereas they regulate odds because the bets are positioned.

“There’s nothing extra disappointing to us than once we spend a while on a proposition and it doesn’t create a variety of curiosity,” Kornegay mentioned. “If it doesn’t get a variety of curiosity, that means a variety of bets, there’s an excellent probability you received’t see that one subsequent yr.”



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