Each week, our βWhatβs on Tapβ series previews the week ahead in theΒ world of sports betting. Come here for a summary of upcoming financial happenings, legislative and regulatory meetings, industry conferences, top games scheduled for the week, and much more. Also, check out our weekly review “Get a Gripβ for a look back at last weekβs notable news.
Monday, February 13
Chiefs early favorites to win 2024 Super Bowl
The NFL season ended Sunday night with a thrilling comeback by the Kansas City Chiefs over the Philadelphia Eagles in Super Bowl LVII. Leading sportsbooks haven’t wasted any time in posting Super Bowl lines for next season. At FanDuel, the Chiefs are +600 early favorites to capture the Lombardi Trophy in 2024. The Bills are the second choice at +850, followed by the Eagles, Bengals, and 49ers at +900.
Some sleepers could emerge based on moves on the quarterback market. It appears that FanDuel already has some potential transactions baked into its futures odds.
Despite missing the playoffs this year, the Jets, who have reportedly reached out to the Packers on Aaron Rodgers’ availability, have Super Bowl odds of 25/1 at FanDuel. Meanwhile, Raiders quarterback Derek Carr has a no-trade clause and won’t accept a trade, according to ESPN. Carr, who prefers to be released, met with the Saints (35/1) last week.
Next season starts π‘π’πͺ βΌοΈ
Who's your pick to win Super Bowl LVIII? π°#SuperBowl | #NFL pic.twitter.com/Q843T5XemK
— FanDuel Sportsbook (@FDSportsbook) February 13, 2023
Thursday, February 16
Tiger makes 2023 debut at Riviera
Tiger Woods returns to PGA Tour-sanctioned play for the first time since last summer’s British Open. Woods is a longshot to win the Genesis Invitational at SuperBook Sports, where he has odds of 150/1 to capture the title. Woods also has odds of +250 to make the cut. Two years ago, Woods suffered catastrophic injuries from a car accident in Southern California, one day after the Genesis.
The Genesis features 23 of the world’s top 25 golfers, including No. 1 Scottie Scheffler. On Sunday, Scheffler won the Waste Management Open for the second consecutive year with a scintillating 6-under 65 in the final round.
Itβs π― week at The Genesis Invitational
Tiger Woods to Win:
150/1Tiger Woods Make the Cut?
Yes +250
No -300Tiger Woods 1st Round Score:
73.5Will Tiger Woods withdraw during the Genesis Invitational?
Yes +750
No -1200— Jeff Sherman (@golfodds) February 13, 2023
Friday, February 17
Investors look for profitability signs in DraftKings Q4 earnings
As 2022 fourth-quarter earnings trickle in, major companies such as MGM Resorts and PENN Entertainment have indicated that their online sports betting divisions will turn a profit later this year. When DraftKings last reported quarterly earnings, CEO Jason Robins provided signals that the company will become profitable by the fourth quarter this year. Analysts are expected to receive additional color on Friday’s earnings call.
DraftKings is expected to report 2022 fourth-quarter revenue of $797.1 million, according to Zack’s consensus estimate, up 68% from the previous year. DraftKings is also projected to post a fourth-quarter net loss of $0.63 per share, up 21% from the year-ago quarter.
Sunday, February 19
St. Louis Battlehawks open XFL season
After a three-year hiatus, the XFL returns with four games on the weekend. Led by former Alabama quarterback A.J. McCarron, the St. Louis Battlehawks (+350) are favored to win the XFL title at multiple sportsbooks. The Battlehawks, which also feature former NFL receivers Marcell Ateman and Hakeem Butler, will open the season on Sunday at San Antonio. Also on Sunday, the Orlando Guardians will take on the Houston Roughnecks in Houston. Guardians defensive back Matt Elam, a former NFL first-round pick with the Ravens, may emerge as one of the top defenders in the league.
Hamlin slight favorite over Elliott, Blaney at Daytona 500
In 2020, Denny Hamlin edged Ryan Blaney at the line for his third Daytona 500 title in five years. Hamlin has not finished in the top three since. Last year, Hamlin finished 37th after he was knocked out of the race in an eight-car crash.
At PointsBet, Hamlin is the 12/1 favorite to win Sunday’s race, ahead of Chase Elliott and Blaney at 13/1. Elliott is the reigning NASCAR Cup Series regular season champion. Joey Logano and Kyle Larson round out the top five at 14/1.
Checkered flag on the NFL for the season π
That means #DAYTONA500β―β―β― BABY!!!
Here's the favorite I'm betting to win the Great American Race, and the reasoning behind it
Check out my piece @ActionNetworkHQ β¬οΈβ¬οΈβ¬οΈhttps://t.co/gihcupqAl4
— Nick Giffen (@RotoDoc) February 13, 2023
Salt Lake City hosts NBA All-Star Game
Fresh off setting the NBA’s career scoring record last week, LeBron James will serve as one of two captains at Sunday’s NBA All-Star Game. James and Giannis Antetokounmpo will select the starting lineups for both squads.
Since the game began using an “Elam Ending” in 2020, the total has yet to exceed 325 points. Under the Elam Ending format, the two teams end the game by playing to a targeted score established in the fourth quarter.
