ValueBetFactory

Monte Carlo has historically been a very bad tournament for Underdogs. Since 2010 at Pinnacle closing odds: • Favs ROI: +1.0% • Dogs ROI: -8.9% Blindy backing Favorites have even made money.

What a start in Monte Carlo: Favorites 14 – Underdogs 2. Short term, it’s almost all variance; long run, there seems to be a bias against underdogs.

NBA Europe just crossed its first major milestone. Bid deadline passed Tuesday. 120+ investor groups responded. Multiple bids at $1 billion per franchise. Most falling between $500M and $1B. PSG, Real Madrid, AC Milan, sovereign wealth funds. All in. Target: 14-16 teams across 12 European cities. London, Paris, Rome, Barcelona, Athens on the list. Launch: fall 2027. Silver’s message to investors: “People looking for a short return should look elsewhere.” But we’re skeptical. A closed franchise model with $1B entry fees is the opposite of European sports culture. Promotion and relegation is in European DNA. And the cities? London and Rome don’t breathe basketball. You’re not building a culture from scratch with a TV product. You need fans in arenas, local identity, organic rivalries. That said, if it launches, the betting market implications are massive. A fully regulated NBA-backed league across every major European market means a whole new ecosystem of value opportunities. Euroleague is watching. Closely.

NBA Europe just crossed its first major milestone. Bid deadline passed Tuesday. 120+ investor groups responded. Multiple bids at $1 billion per franchise. Most falling between $500M and $1B. PSG, Real Madrid, AC Milan, sovereign wealth funds. All in. Target: 14-16 teams across 12 European cities. London, Paris, Rome, Barcelona, Athens on the list. Launch: fall 2027. Silver’s message to investors: “People looking for a short return should look elsewhere.” But we’re skeptical. A closed franchise model with $1B entry fees is the opposite of European sports culture. Promotion and relegation is in European DNA. And the cities? London and Rome don’t breathe basketball. You’re not building a culture from scratch with a TV product. You need fans in arenas, local identity, organic rivalries. That said, if it launches, the betting market implications are massive. A fully regulated NBA-backed league across every major European market means a whole new ecosystem of value opportunities. Euroleague is watching. Closely.