By The Numbers: NFL Week 1 Huddle Performance vs The Market
BlogBy The Numbers: NFL Week 1 Huddle Performance vs The Market
The long-awaited NFL season is here, and with Week 1 behind us, Huddle is excited to bring you an in-depth analysis of our performance in pricing.
In addition to pricing, we also evaluated our uptime performance, particularly during the prime-time Sunday matchup. Huddle’s higher uptime during the Buccaneers vs. Commanders game demonstrated our platform’s superior reliability, ensuring that bettors had uninterrupted access to live odds and markets. This combination of superior pricing and market leading uptime, underscores Huddle’s continued role as a key player in delivering top-tier services to sportsbooks.
Pricing: Huddle vs Market
The chart depicts how frequently market prices for NFL Week 1 align with those set by Huddle, particularly noting the instances where there is a 3% difference between Huddle's prices and those of other tier 1 operators. In 61% of these cases, it is observed that the market adjusts to conform to Huddle's pricing.
This data highlights Huddle's strong influence and leading role in establishing market prices.
The chart not only shows that Huddle significantly influences market adjustments at a 3% price difference, but it also illustrates a consistent trend across larger discrepancies. As the price difference increases from 3% to 10%, the market continues to adjust its prices to come closer to Huddle's.
Uptime Data: Huddle vs Market
The graph compares the performance of Huddle and the market in reactivating suspended betting markets during NFL Week 1. Specifically, it measures the percentage of suspended markets that are reactivated.
Our data reveals an impressive achievement by Huddle: a remarkable 87% reactivation rate within 15 seconds, far surpassing the market average of 58%. Over extended durations, we consistently outshine competitors with even higher reactivation rates. Quick market unsuspension and continuous availability are critical elements that we prioritize to ensure seamless services for our users.
We have implemented a range of robust measures, including redundancy in critical system components, high-end failover mechanisms, and intelligent load balancing. These efforts ensure that our systems remain resilient and capable of handling any unexpected challenges and these numbers underscore our efforts.
"We are setting high standards for our traders with the goal of minimizing downtime, thereby enhancing uptime and overall user experience. Our commitment is supported by one of the industry's leading football models, ensuring that we deliver top-tier service consistently" Tom Daniel, SVP of Trading at Huddle
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. The impact of higher uptime will be magnified as the NFL season progresses.
Final result: improving user experience and increasing overall revenue for a sportsbook.
During the Sunday matchup between the Buccaneers and Commanders, Huddle outperformed the market in terms of uptime. With a 12% higher uptime, Huddle demonstrated superior market availability, which can translate into significant financial benefits for a sportsbook.
The chart represents the average uptime comparison between Huddle and the Market across two different betting markets—Point Handicap and Point Over/Under—during the Buccaneers vs Commanders game.
Huddle shows consistently higher uptime across markets compared to the Market, indicating that Huddle's platform was more reliable and available during the game. This suggests better performance and potentially more favorable user experiences and operational outcomes for a sportboook during this specific event.