For Immediate Release
SportsInsights.com “Shoots and Scores” with CaribSports.com to Provide Real-Time Wagering Statistics as “March Madness” Gets Underway
SOMERVILLE, MA – March 7, 2005 – Just in time for “March Madness,” SportsInsights.com, a pioneering source for real-time betting statistics, announces the addition of CaribSports.com, to its list of contributing sportsbooks. The agreement means CaribSports.com – part of Carib International Ltd. – will provide real-time wagering statistics to SportsInsights.com in its unique sports betting marketplace analysis. SportsInsights.com is the only place on the web to take real-time betting statistics from online sportsbooks and turn the data into easy-to-understand charts. Best of all, people have free access to this betting data. The betting statistics, defined as the number of bets, percentage of money, and percentage of bets placed on a sporting event, come directly from CaribSports.com’s line board.
“Carib is one of the granddaddies of the online wagering industry; like SportsInsights.com a true pioneer,” said Dan Fabrizio, Founder and CEO of SportsInsights.com. “Adding CaribSports.com stats to our marketplace brings the total to four contributing sportsbooks, and further solidifies SportsInsights.com as the leader in original sports betting statistics.”
Today’s announcement comes on the eve of “March Madness,” the NCAA basketball tournament. SportsInsights.com is the only outlet offering live betting data on every NCAA tournament game. SportsInsights.com takes these unique statistics and puts them into charts that give people an easy-to-view snapshot of the real-time data and analysis.
“Just as financial sites like CBS Marketplace monitor trading activity on Wall Street, SportsInsights.com monitors sports betting activity at major online sportsbooks,” says Dan Fabrizio. “For example, everyone knows the spread is -7.5 North Carolina in today’s Duke vs North Carolina NCAA basketball game, but SportsInsights.com takes it a huge step further. We show people the forces behind the betting line, the number of bets, the percentage of money, and the percentage of bets placed on every game.”
To help explain SportsInsights.com unique analysis, consider this scenario:
North Carolina is favored by -7.5 points, but SportsInsights.com uses real-time wagering statistics from CaribSports.com and three other top sportsbooks to provide even more in-depth statistics that include:
- 61% of the bets are on Duke
- 78% of money wagered is on Duke
- 84% of the wagers on the Total points scored 161 are on the Over
SportsInsights.com believes bettors can exploit inefficiencies within the marketplace by applying the rigorous statistical analysis of the financial world to the sports betting industry. For example, sportsbooks know the public overwhelmingly bets on “favorites” and “over” and shades betting lines to take advantage of this. By taking a big picture look at real-time bets, SportsInsights.com turns betting into a level playing field.
Founded in 1997, SportsInsights.com is a statistical content site that tracks betting activity at major sportsbooks. SportsInsights.com’s unique content and live betting statistics have propelled it to the forefront of the competitive world of sports information. SportsInsights.com uses pioneering betting charts to track the percentage of bets and money placed on every major sporting event. SportsInsights.com is not a sportsbook or a betting/trading exchange site, but has agreements with four major online sportsbooks, OasisCasino.com, BetWWTS.com, CaribSports.com, and Sportbet.com to display statistics on how any major sporting event is being bet. All information comes directly from online sportsbooks and represents actual bets placed at the contributing sportsbooks. For more info, visit our contributing sportsbooks page.
For media only: Additional “March Madness” statistics, high-resolution screen shots and interviews available.
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