NFL Week 16 Betting Activity Slumps, Says Morgan Stanley

Week 16 NFL betting activity declined significantly relative to the prior quatern weeks, catching sportsbook operators and some securities industry observers past surprise.

GeoComply sports betting information aggregated past J. P. Morgan John Rowlands indicates year-over-year growth inwards NFL hold was just 58 percent. Growth is good, but the Week 16 figure compares with upticks of 100 percent, 107 percent, 96 percent, and 80 percent, respectively, in Weeks 12 through 15.

December tally games played in major US leagues has been scheduled to go up 119 percent year-over-year, and to a greater extent games should continue to living strong hebdomadal volume maturation through January, blackball omicron-driven cancellations,” says Sir Henry Morgan John Rowlands psychoanalyst Saint Thomas Allen inwards a promissory note to clients.

News of the Week 16 lassitude comes as shares of sportsbook operators are limping into year-end after existence drubbed o'er the line of this NFL season.

Excuses Galore

There’s no more shortage of excuses and theories regarding why NFL betting activity retreated last-place week, including Xmas falling on a Saturday.

Some marketplace observers and wagering experts are speculating that bettors took a tread endorse from the NFL because the coronavirus is forcing a slew of players, including starters and, inward some cases, Pro Bowl-level players, to lack games. Players missing games — in some cases on unawares note — is seen as a deterrent to sharp-worded and recreational bettors alike. Professional bettors seem to avoid the heightened variance that comes with more second-string players participating in a game, spell ordinary bettors might follow inclined to avoid games lacking principal power.

Potentially compounding those woes for some operators, particularly DraftKings and FanDuel, are rumors that marquee NFL players missing games because of contracting COVID-19, or because of the league’s health and safety protocols, is leading to declining participation in daily fantasy sports (DFS).

Situation Could Linger

In a touchstone operating environment, the quaternary quarter should live a geological period of heightened activity for sportsbook operators, as the NFL playoff rush tightens and the NBA and college hoops seasons in full swing.

However, nearly ii years into the coronavirus pandemic, the electric current nation of affairs for leagues and sportsbook operators is anything but normal. Some of the early flavor betting enthusiasm is clearly gone, thanks inwards large division to COVID-19.

On Monday, 96 NFL players tested positive degree for the virus, and 106 were added to the league’s reserve/COVID-19 name – both records.

Further thwarting sportsbooks and bettors, the NHL has suffered through and through postponed games. College hoops games are also oft canceled or postponed, NBA stars are missing games because of that league’s protocols and, thusly far, quaternity college trough games were canceled because of the pandemic.

All of that is relevant to sportsbook operators, because football game and hoops are the deuce most wagered-on sports inwards the US.

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