By The Numbers: Huddle Performance During March Madness Round 1

March 27, 2024

By The Numbers: Huddle Performance During March Madness Round 1

We are back with our weekly By the Numbers blog! We are reviewing Huddle's performance during Round 1 of March Madness week and we look how we compare with leading sportsbook operators in the market.

We are bringing you the Suspension Reactivation numbers during last week's games and we are also diving into Market Making data during the week (pricing).

Suspension Reactivation Performance: Huddle vs Market

We closely tracked our suspension reactivation performance during the Round 1 of March Madness games.

Our data shows that Huddle achieved an outstanding 92% suspension reactivation rate within just 15 seconds, which is significantly higher than the market average of 54%. Moreover, over longer periods, we consistently outperform our competitors with even higher reactivation rates.

When it comes to major US sports and competitions and collegiate sports, Huddle continues to lead the way with faster reactivation rates than the market average.

Huddle's NCCAB product showcased the power of layering a trading team on top of reliable software, accurate data, and great models.

Market Making (Pricing) Data: Huddle vs Market

During the Round 1 of March Madness, Huddle's pricing differed from the market by over 3% in several instances, and in over 56% of these cases, the market adjusted to align with Huddle's price. This outcome highlights Huddle's market-making ability and underlines its leading position in pricing.

This data clearly shows that Huddle has a strong influence on the market, especially in setting prices. It proves that Huddle sets the standard for pricing, and other operators in the market follow suit.

Huddle stands out as a leader in pricing and uptime for both pre-match and in-play betting. We achieve this by combining a skilled trading team with advanced technology, ensuring our partners stay ahead of their competition.

In the following months, we will regularly monitor our performance and share it with you. Stay tuned for our "By the Numbers" blogs all throughout the March Madness and the NBA Playoffs!

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