• Loading stock data...
Saturday, July 27, 2024
Join us this September for Tuned In Request to Attend

Everyone Wants In On Messi Betting — and Sportsbooks Are Adjusting

  • Messi is the most-bet soccer player by handle and total bets at DraftKings since his debut.
  • At BetMGM, Inter Miami has seen five times as much action since Messi joined the team.
Inter Miami CF forward Lionel Messi celebrates after scoring a goal against the Philadelphia Union during the first half at Subaru Park.
Eric Hartline-USA TODAY Sports

Lionel Messi is already profoundly affecting U.S. soccer, from the ticket marketplace and stadium construction, to merchandise sales and the model of competition itself.

His Inter Miami arrival is also transforming the ever-expanding sports betting industry — and everyone has wanted in on the action.

“There’s this really great opportunity for books to use a very notable world star in the U.S. as a carrot to get people to bet more,” Chalk + Dog senior director of partnerships and growth Adam Rosenberg tells Front Office Sports.

According to prop bet data provided to FOS, Messi is the most-bet soccer player by handle and total bets across all leagues and tournaments at DraftKings since his July 21 debut. Inter Miami, meanwhile, is the second-most-bet soccer team by handle and volume at DraftKings behind the United States women’s national team.

“The nine most-bet games ever on Miami are the nine games Messi has played in,” DraftKings director of race and sports operations Johnny Avello told FOS prior to Inter Miami’s 0-0 draw with Nashville SC on Wednesday. “There were a total of 80 Leagues Cup games and Miami played in seven of them.

“In those seven games, a little over 50% of the entire tournament handle was generated.”

At Caesars, 90% of all goalscorer wagers for Inter Miami matches have been placed on Messi. At BetMGM, prop bets on Messi to score any time, to score the first goal, and to score two-plus goals have been the most popular across all Inter Miami games, while Inter Miami has seen five times as much action since Messi joined the team.

Inter Miami forward Lionel Messi holds two trophies during the trophy ceremony for the Leagues Cup Championship match at GEODIS Park in Nashville.

Messi Mania Propelling the In-Season Tournament Model In US Soccer

Messi “was like rocket fuel” for U.S. soccer cup games.
August 30, 2023

Before Wednesday’s scoreless draw, the books were likely taking a bath from the day-to-day bets: Miami won six out of nine matches in regulation, and Messi scored in all but one.

On June 6, Inter Miami was the worst team in MLS as +17500 underdogs to win the Cup, per Sports Betting Dime. After a win and a draw in its first two league games with the phenom, Miami holds only a 1% chance to make the MLS Cup Playoffs, per Playoff Status.

Yet as of Thursday, Miami holds +700 odds to win it all on DraftKings — third-shortest in the league. While the sportsbooks would not disclose their liability on Inter Miami championship futures, the astounding line movement implies that many bettors are riding Messi Mania; Rosenberg suggests that more realistic odds would be closer to +3000 or +3500.

Assuming Miami doesn’t go on a miracle run, the sportsbooks would likely make a killing on those futures — but the real value for them is the “earned marketing push” on the day-to-day bets in what would typically be a slow time of year.

“It literally couldn’t have been timed better because August is when football starts to pick up and he won Leagues Cup in July,” says Rosenberg. “You probably got a lot of soccer fans that may not have been betting to bet, to win, and now they’re in long term.”

Messi, Inter Miami, and their backers are riding high off their wins for now — but as Wednesday showed, the book eventually wins in the end.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.

Canadian Soccer Coach Bounced From Olympics as Spying Scandal Explodes

The spying dates back years, Canadian media reported Thursday.

Canada Soccer Analyst Admits to Spying on Opponent, Pleads Guilty to Flying Drone

The women’s soccer tournament has a scandal before it starts.

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’
July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Apr 15, 2024; Brooklyn, NY, USA; Caitlin Clark poses with WNBA commissioner Cathy Engelbert after being selected with the number one overall pick to the Indiana Fever during the 2024 WNBA Draft at the Brooklyn Academy of Music.
July 16, 2024

Women’s Sports Merch Is a $4 Billion Market, but Supply Isn’t Meeting Demand

Retailers can’t make women’s sports apparel fast enough.
Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.
July 14, 2024

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
July 19, 2024

Jaguars Sue Ex-Employee for $66.6 Million After Thefts

This could help the Jags avoid suing FanDuel and DraftKings directly.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 10, 2024

Banned Jontay Porter Pleads Guilty in Gambling Case

Porter said he was ‘deeply sorry’ for the gambling scheme.
Mar 15, 2024; Toronto, Ontario, CAN; Toronto Raptors forward Jontay Porter (34) points to a spot as he controls the ball against Orlando Magic center Wendell Carter Jr. (34) during the second half at Scotiabank Arena.
July 3, 2024

Jontay Porter To Receive Federal Criminal Charges in Sports Betting Scandal

The former Raptor received a lifetime NBA ban for sports gambling.
June 23, 2024

ESPN Bet’s Operator Is Reportedly Being Eyed in a Potential Takeover

Boyd Gaming has reportedly approached ESPN Bet partner Penn Entertainment about an acquisition.
June 23, 2024

Sports Betting Money Won’t Bail Out Cash-Hungry College Athletic Departments

Schools are desperate for money, but they won’t be partnering with gambling operators.