NFL Week 7 Insights: The Rise of Player Props and Market Dynamics
BlogNFL Week 7 Insights: The Rise of Player Props and Market Dynamics
In this week's blog, we're taking a closer look at the NFL Week 7 betting data. The spotlight is on player props, which have become as popular as the traditional bets. We’ll explore which markets were the favorites this week, how the bets were mixed, and what this tells us about current trends in sports betting.
SGP Business Mix
This graph shows the composition of bets placed in Same Game Parlays (SGPs) during NFL Week 7. The majority of the bets, at 76%, are on player props, which are bets related to individual player performances. This shows a clear preference for betting on specific players' actions in a game. The next largest category, making up 23% of the bets, includes core bets and derivatives, such as game outcomes and point spreads.
This distribution suggests that bettors are particularly interested in the outcomes related to players when creating parlays for NFL games.
Same Game Parlay Market Popularity
This graph ranks the most popular betting markets from NFL Week 7 based on the frequency with which they were chosen by bettors. The data shows that markets related to individual player achievements—like scoring touchdowns, rushing or receiving yards, and passing outcomes—are the most favored among bettors.
The emphasis on player props suggests that bettors are increasingly interested in the specifics of player performances, possibly due to the personal engagement and expertise required to make these predictions. This trend might indicate a shift in how fans interact with the game, focusing more on individual achievements than broader team outcomes.
Same Game Parlay Size Distribution
This data shows the distribution of bet builder sizes for NFL Week 7, measured by the number of legs included in each bet builder. The data reveals that the most popular size is a 4-leg bet, accounting for 16.54% of all bet builders. This is followed closely by 3-leg bets at 13.4% and 2-leg bets at 12.6%.
Bets with seven or more legs see a gradual decline in popularity. For Week 7 bettors were interested in combining multiple bets for potentially higher payouts but there's a preference for keeping the combinations relatively simple.
Price Distribution During NFL Week 7
The distribution reveals that the most popular price range for SGPs was quite high, specifically in the (10-20) odds range, where a significant peak is observed, indicating that this was the range with the highest number of bets placed. Other popular ranges include the (20-30) and (30-50) odds ranges and higher, showing that many bettors were seeking higher returns.
Market Popularity on Single Bets
The pie chart represents the distribution of single bets placed on NFL Week 7, categorized into three segments:
- Core and Derivatives (47%): This is the largest segment, indicating that nearly half of the bets placed are on traditional betting markets such as point spreads, totals, and money lines, as well as their derivative markets. This shows a strong preference for conventional betting formats.
- Player Props (47%): Almost equal to the core and derivatives, player props—which involve betting on individual player performances like passing yards, touchdowns, receptions, etc.—are extremely popular. Their near parity with traditional bets highlights a significant interest in player-specific outcomes.
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