Top 10 betting trends for the week of November 20-23
Canada’s top sports bettor, Michael Haffner, has taken on a new challenge: predicting sports betting trends in a timely fashion.
On Monday, the betting analyst from Vancouver, B.C., became the first person to predict the next round of football, basketball and baseball games in a sports book on a website called BetOnline.
Haffner says the sports book’s betting team, known as the Sportsbook Group, has been helping him predict the results of the next three major sports leagues, the NFL, MLB and NBA.
Haffener says he doesn’t expect sports book owners to take notice until they see how the sport’s betting markets evolve.
“I don’t think the sportsbook will know anything about it until it’s too late,” he said.
Hafner says that is a huge challenge for the betting industry.
He is the co-founder of BetOnline, a company that helps sports bettors navigate the complex sportsbook world.
“Sportsbooks don’t want to know how the market works.
They just want to see how well the bettor is doing.”
The betting market for the NBA and NFL is the biggest and most lucrative of the sports books.
The NFL and MLB are the top-selling sportsbooks in the U.S., and the NBA has a massive television audience.
BetOnline has been in business for more than 20 years, and has won dozens of awards for its services.
The company recently won the 2015 Money magazine’s “Best in Sportsbook” award for offering the best sportsbook for online betting.
Hassan Sattar is a sports industry analyst at Wagersy, a sportsbook analytics firm.
He said the sport book industry is a tough market for bettours to predict.
“There’s no shortage of great bettour sites that can predict the games that are going to happen on a regular basis, and the sportsbooks just don’t know that,” Sattur said.
The most popular sportsbooks for online sports betting are BetOnline and Sportsbook Canada.
Sattars company, Wagersey, was founded in 2008 by a group of former bettorials.
The first Sportsbook was founded by sports book industry veteran Paul Stalter in 1998.
Sattar said it’s not just sportsbooks that are struggling with the sports betting landscape.
The sportsbooks industry has grown from $4 billion in 2011 to $17 billion in 2016, but betting is still dominated by a handful of sportsbooks.
“The betting world has been very much dominated by the five big sportsbooks,” Satar said.
“The five biggest sportsbooks have been the big five, and they are now competing for that business.”
The market for sportsbook bets isn’t just about the sports, Sattara said.
It’s also about people.
Sathars company has been working with sportsbook owners and sportsbook analysts for years.
Satar thinks the sports industry is ready to embrace the technology that BetOnline has developed.
“It’s really exciting to see the technology come in,” Sathar said, “and that’s what people are really excited about.”
Haffnner says his bettor-focused betting is a good thing.
“If the sports world didn’t have the technology, they would have lost it,” he explained.
HuffPost Sports columnist Mark Davis covers the sports and gambling industry.
Follow him on Twitter at @mddavis_huffPostSports columnist Mark Edwards is a reporter for the HuffPost and a former sports bet taker at BetOnline with a passion for sports betting.
Follow his bettor-focused sports betting tips on Twitter.