About this app
What is Deep Sea?
“Prediction markets represent a meaningful second channel for NFL wagering but still small on a relative scale, reflecting a new sector with less of an installed base,” observes EKG.
It’s widely believed that all-or-nothing exchanges are carving out significant niches in states, such as California and Texas, where sports betting is prohibited, but there’s also emerging consensus that the prediction market threat to sportsbooks is easing.
A major advantage for traditional sportsbook operators is their ability to aggressively fund customer acquisition and retention bonuses. As EKG points out, prediction markets have “less ability to be generous with bonuses” because users trade against one another rather than against the house.
How to play Deep Sea
Tuchel’s Chelsea have a new-found belief and that has been married with a strong defence in recent games. The issue has been goals, with a distinct lack of them so far, although that might change at the weekend. United have looked good going forward this season – no team has scored more than the Red Devils in domestic fixtures – but at the back they look almost inept at times. Newcastle opened them up on several occasions and while Chelsea aren’t the league’s great entertainers, we can see them causing United a deal of problems. For that reason, we’d go with the over 3.5 goals price.
Our tip: Over 3.5 goals (23/10)
English Premier League Gameweek #26 Fixtures:
About Deep Sea
Once the deal is completed, 80% of its EBITDA is expected to come from those two markets.
According to the deal investor deck, the combined group expects online betting and gaming to be its largest vertical, as it accounted for 48% of the group’s combined pro forma adjusted EBITDA in H1.
Distributed gaming followed at 27%, then casinos at 25%.