by Ian Cooper
Americans love to bet on sports, we said just a few weeks ago.
Look at the Super Bowl, for example.
According to the American Gaming Association, $7.61 billion was bet on the Super Bowl in 2021. In 2022, the AGA estimated that more than $8 billion would be wagered. In 2023, $16 billion was wagered. In 2024, about $23.1 billion.
With the 2025 Super Bowl nearing, we expect to see another round of big numbers.
Weeks after noting that, we’re again seeing big opportunity in sports betting stocks, such as:
DraftKings (DKNG)
DraftKings stock saw a bump ahead of the Super Bowl over the last few years. In 2024, DKNG ran from a January low of about $32 to a high of $45.62 after the game. We expect to see more of the same ahead of the 2025 game, too.

At the moment, oversold shares of DKNG are just starting to pivot higher from support at $36. Last trading at $39.82, we’d like to see DKNG retest $45 a share heading into the big game. Helping, analysts at Morgan Stanley just raised their price targets on DKNG by $2 a share.
Flutter Entertainment (FLUT)
Even Flutter Entertainment has been a solid Super Bowl bet. In 2024, FLUT ran from a January low of about $160 to a high of just $220.78. Today, while FLUT is now up to $274.62, it’s another likely winner ahead of the 2025 game, as well.
At the moment, it’s also oversold, just starting to pivot from support at $250. Last trading at $260.20, we’d like to see an initial retest of $280 a share heading into the Super Bowl.
Roundhill Sports Betting & iGaming ETF (BETZ)
Or, investors can jump into an ETF that invests in sports betting stocks. With an expense ratio of 0.75%, the $20.51 ETF offers diversification with Flutter Entertainment, Penn Entertainment DraftKings, Churchill Downs, MGM Resorts, and many more. What’s nice about an ETF is that it offers greater exposure at less cost. BETZ is also oversold. Last trading at $18.61, we’d like to see it run back to $20 initially.
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