FOR IMMEDIATE RELEASE
Who does the
Public like in the Sweet Sixteen?
DURHAM, NC
– March 23, 2010 – SportsInsights announces the release of public opinion
statistics for every 2010 NCAA Basketball Sweet Sixteen game. “Just as
financial services like Bloomberg monitor trading activity on Wall Street, we
monitor sports wagering activity at major online sportsbooks,” says Dan
Fabrizio, founder of SportsInsights.com. The betting statistics, which come
directly from major sportsbooks, include the percentage of bets placed on each
team, money flows, and volume of wagers. “What better indicator of public
sentiment than knowing which teams the fans are putting their hard- earned money
behind?” asks Dan Fabrizio.
SportsInsights tracks public opinion on major sporting events by monitoring the
pulse of the global sports marketplace. By compiling betting activity data from
major online sportsbooks they are able to show which teams the public is heavily
favoring. This proprietary betting data comes directly from the sportsbook’s
database and offers viewers a deeper understanding of the forces controlling
betting line movement.
Interestingly, the point spread opened with Syracuse as a 7.5-point favorite –
and even with almost 80% of bets taking Syracuse, the point spread ticked down
to 6.5 points. SportsInsights views this as an indication of big money taking
the underdog. In particular, this is evidence that larger-sized bets, sometimes
called “smart money,” are taking Butler, countering the many smaller bets on
Syracuse.
Highlights of the 2010 Sweet Sixteen match-ups:
-
80% of the public likes Duke over Purdue
-
75% of the public likes Syracuse over Butler
-
75% of the public likes Kansas State over
Xavier
-
70% of the public likes Ohio State over
Tennessee
SportsInsights is the only independent source for betting data on every NCAA
tournament game. You can view more detailed information and free analytical
charts on every NCAA Tournament game by visiting:
http://www.sportsinsights.com/news/march-madness-betting-trends-2010.aspx
About SportsInsights.com
Founded in 1999, SportsInsights.com monitors actual betting activity and
money flows on sporting event sat major sportsbooks. Unique content and
analytics has propelled SportsInsights to the forefront of the sports
information industry.
For media only:
Additional statistics, high-resolution screen
shots, and interviews available.
Contact: Dan Fabrizio,|
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