• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Taylor Swift Triggered a Tsunami of Sports Bets. Then She Stopped Turning Up

Taylor Swift Triggered a Tsunami of Sports Bets. Then She Stopped Turning Up

January 26, 2025
Cyprus Limits Retail CFDs as Institutional Demand Grows

Cyprus Limits Retail CFDs as Institutional Demand Grows

September 6, 2025
How to Respond After Weak Jobs Data Reveals a Sputtering Economy

How to Respond After Weak Jobs Data Reveals a Sputtering Economy

September 6, 2025
Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst

Bitcoin Unlikely To Reach Price Peak In Q4 2025: Analyst

September 6, 2025
X says its payments service will finally launch this year

Tesla offers $1 trillion to Elon Musk to unleash his army of robots

September 6, 2025
Stocks making the biggest moves premarket: AVGO, LULU, TSLA

Stocks making the biggest moves premarket: AVGO, LULU, TSLA

September 6, 2025
investingLive Asia-pacific FX news wrap 20 Aug: NZD dumps on dovish RBNZ

investingLive Americas FX news wrap: Non-farm payrolls disappoint again

September 6, 2025
Bitcoin’s hashrate is breaking records, but price is still far from its ATH – Why?

Bitcoin’s hashrate is breaking records, but price is still far from its ATH – Why?

September 6, 2025
XAG/USD advance stalls near $37.00 as holiday lull masks bullish setup

Silver holds near $41 as NFP miss drags US Dollar and yields lower

September 6, 2025
Bitcoin ATMs reprise a painful history in finance

Bitcoin ATMs reprise a painful history in finance

September 5, 2025
3 Days Left to Lock In Your Exhibitor Spot at TechCrunch Disrupt 2025

Your last chance to exhibit at Disrupt 2025 is today

September 5, 2025
The 7 coolest gadgets I’ve seen at IFA 2025 (including ones you can actually buy)

The 7 coolest gadgets I’ve seen at IFA 2025 (including ones you can actually buy)

September 5, 2025
Soft Manager – Trading Ideas – 5 August 2025

Instructions and recommendations for using the Neuro Future indicator – My Trading – 5 September 2025

September 5, 2025
Saturday, September 6, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Technology

Taylor Swift Triggered a Tsunami of Sports Bets. Then She Stopped Turning Up

by Investor News Today
January 26, 2025
in Technology
0
Taylor Swift Triggered a Tsunami of Sports Bets. Then She Stopped Turning Up
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


It’s arduous to quantify the Swiftie demographic’s affect on these bets, however preseason, WIRED reached out to a number of sportsbooks together with BetRivers, DraftKings, FanDuel and Rivalry, which mentioned the Taylor Swift impact was actual, and anticipated it might proceed to have an effect on their trade this season.

Tim Whitehead, sportsbook head at BetRivers, put it succinctly. “As long as the world’s largest pop star remains to be courting one of many NFL’s hottest gamers, we’ll faucet into that narrative to draw new audiences,” he advised WIRED in an announcement. However even early within the yr, regardless of Kelce nonetheless attracting sturdy wagers, the outsized Swift impact appeared to have worn off. FanDuel famous that in two early video games, neither attended by Swift, teammates of Kelce’s garnered comparable betting ranges to him. This month, a FanDuel spokesperson advised WIRED that curiosity in betting on Kelce “has leveled out to be consistent with the opposite playmakers on the Chiefs.”

Michael Naraine, an affiliate professor of sport administration at Brock College in Canada, attributes this to the US election dominating information and prop betting cycles, together with much less attention-grabbing headlines within the couple’s relationship as they settled into their partnership. “The T. Swift impact does nonetheless exist, it simply has been muted over the past yr,” he says. “It is not as topical, it is not as excessive a momentum, nevertheless it’s nonetheless helpful to the books.”

A examine from the College of Queensland in Australia revealed in December discovered almost 90 p.c of the nation’s common sports activities bettors are male, and prompt that this was due, a minimum of partially, to bodily betting areas being “male-dominated” over historical past, although smartphones make playing extra accessible to feminine audiences. This sample holds in different international locations, just like the US, the place solely 28 p.c of present sports activities bettors of two,000 surveyed have been ladies in keeping with a two-week ballot by YouGov final yr. “It’s unsurprising that betting corporations are trying to capitalise on this shift, focusing on ladies with novelty bets like what number of awards Taylor Swift will win at this yr’s Grammy’s,” creator Rohann Irving mentioned in a launch in regards to the examine.

Regardless of the outsize consideration Swift’s obtained from on-line sportsbooks since courting Kelce, she is just one character in a refrain within the new wave of narrative betting that has risen alongside the trade. Up to now, betting narratives which struck chords with bettors targeted on underdog or champion gamers and groups. In the present day the tales spun have expanded to incorporate a big selection of competitions, from the Oscars, to the US presidential election, to actuality TV exhibits.

Jones, from FanDuel, says ardent sports activities gamblers give little shrift to this development. “They’re taking a look at defensive matchups, offensive matchups, climate, historic knowledge; they’re not caring who the man’s courting,” he says. However many leisure bettors—whom Jones says make up “an awesome majority” of FanDuel’s buyer base—search out narratives just like the Swift-Kelce romance when wagering.

Joshua Grubbs, an affiliate professor within the College of New Mexico’s division of psychology who has researched sports activities betting behaviors, says over e-mail that sportsbooks “are completely attempting to transform a gaggle of people who find themselves not betting into bettors.” However whether or not a Swift-based technique differs from the trade’s traditional advertising and marketing is much less clear. “I do not know that having Taylor Swift prop bets is any extra pernicious than another set of prop bets, free wager promos, or different gimmicks they provide,” he says.

For Grubbs, it’s as an alternative a broader query of the appropriateness of playing promoting, an unsettled debate which incorporates whether or not sportsbooks ought to be promoted on tv or allowed to sponsor sports activities groups.

“On the finish of the day, we’re content material creators,” says Cooper of BetOnline.ag, noting that the extra “click-baity” the content material, the higher. “Once we see a storyline or one thing that’s trending, we’re going to lean into that and attempt to distribute to a broader viewers.”

The trade representatives I spoke with have been hopeful a couple of turnaround ought to Swift get engaged or have a toddler with Kelce. “If Taylor Swift ever did a Tremendous Bowl halftime present and the Chiefs have been in it, that may break the whole world, web, every little thing,” Cooper says.



Source link

Tags: BetsSportsStoppedSwiftTaylortriggeredTsunamiturning
Share196Tweet123
Previous Post

GerFX Crypto Maniac – Trading Strategies – 26 January 2025

Next Post

Charlie Munger’s 3 Investment Lessons: ‘Buy Wonderful Businesses At Fair Prices, Big Money Isn’t In Buying Or Selling-It’s In Waiting, Good Businesses Are Ethical Businesses’

Investor News Today

Investor News Today

Next Post
Charlie Munger’s 3 Investment Lessons: ‘Buy Wonderful Businesses At Fair Prices, Big Money Isn’t In Buying Or Selling-It’s In Waiting, Good Businesses Are Ethical Businesses’

Charlie Munger's 3 Investment Lessons: 'Buy Wonderful Businesses At Fair Prices, Big Money Isn’t In Buying Or Selling-It’s In Waiting, Good Businesses Are Ethical Businesses'

  • Trending
  • Comments
  • Latest
The human harbor: Navigating identity and meaning in the AI age

The human harbor: Navigating identity and meaning in the AI age

July 14, 2025
Private equity groups prepare to offload Ensemble Health for up to $12bn

Private equity groups prepare to offload Ensemble Health for up to $12bn

May 16, 2025
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Niels Troost has a staggering story to tell about how he got sanctioned

Niels Troost has a staggering story to tell about how he got sanctioned

December 14, 2024
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
Cyprus Limits Retail CFDs as Institutional Demand Grows

Cyprus Limits Retail CFDs as Institutional Demand Grows

September 6, 2025
How to Respond After Weak Jobs Data Reveals a Sputtering Economy

How to Respond After Weak Jobs Data Reveals a Sputtering Economy

September 6, 2025
Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst

Bitcoin Unlikely To Reach Price Peak In Q4 2025: Analyst

September 6, 2025
X says its payments service will finally launch this year

Tesla offers $1 trillion to Elon Musk to unleash his army of robots

September 6, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today