By The Numbers: Huddle’s March Madness Performance

April 5, 2024

By The Numbers: Huddle’s March Madness Performance

In the latest By The Number segment, we dive into Huddle's performance during last week's Sweet 16 and Elite 8 games.

In a stunning turn of events, NC State clawed its way into the NCAA Tournament by winning five games in five days during the ACC tournament. Despite entering as a No. 11 seed, they've made history by tying the record for the lowest seed to reach the Final Four. Led by center DJ Burns Jr., they defeated Texas Tech, Oakland, Marquette, and Duke to secure their spot. Joining them are top seeds UConn and Purdue, as well as Alabama, who showcases an explosive offense. UConn, with dominant wins in the East Regional, aims to repeat their championship glory, while Purdue seeks redemption after last year's upset loss. Alabama's high-scoring offense has propelled them to their first Final Four appearance.

With a thrilling lineup of teams, the stage is set for a showdown at State Farm Stadium in Glendale, Arizona.

Let's dive into Huddle's performance during the games:

Suspension Reactivation Performance: Huddle vs Market

Our data reveals an impressive achievement by Huddle: a remarkable 93% reactivation rate within just 15 seconds, far surpassing the market average of 47%. Furthermore, over extended durations, we consistently outshine competitors with even higher reactivation rates.

In the realm of major US sports, competitions, and collegiate sports, Huddle remains at the forefront with faster reactivation rates compared to the market average.

The success of Huddle's NCAAB product underscores the effectiveness of integrating a trading team on top of reliable software, precise data, and effective models.

A reliable infrastructure that Huddle offers, ensures that users can place bets, access real-time odds, and engage in live betting without disruptions, that way enhancing customer satisfaction and trust. Having consistent high uptime performance is a game-changer for sportsbook operators, every minute counts, leading ultimately to higher turnover for a sportsbook.

Market Making Performance: Huddle vs Market

During the last weekend's games, Huddle's pricing differed from the market by over 3% in several instances, and in 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.

The data proves that Huddle has set the benchmark in pricing, and the rest of the market is following its lead. Huddle's expertise and dominance in the market are the reasons why it has emerged as a market leader.

Stay tuned for our March Madness finals numbers and subscribe below to get Huddle updates straight to your inbox!