Roundhill Sports Betting & iGaming (BETZ) Short IdeaSuch a beautiful short setup for BETZ in my opinion. Just sharing my trading plan, not meant as advice.
Key stats
About Roundhill Sports Betting & iGaming ETF
Expense ratio
0.75%
Home page
Inception date
Jun 4, 2020
ISIN
US53656F7895
BETZ is the second ETF by RoundHill investments and the first ETF to offer global passive exposure to sports betting and iGaming companies. Companies considered in this space are those actively involved in analyzing sports events and wagering on the outcome, and those involved with online betting in games of chance. Eligible companies are scored from 1 to 4, corresponding to their involvement in the sports betting and iGaming industry. The index provider estimates a companys derived revenue from its exposure to each theme, which translates to a score of 1 for 10% - 25% of revenue for a producer or supplier, up to a score of 4 for greater than 50% revenue for a producer. Components are weighted in proportion to both their combined theme score and their free-float market capitalization, with higher theme scores receiving heavier tilt factors. Holdings are subject to capping constraints. The index is rebalanced and reconstituted annually in December. Prior to October 2, 2023, the fund tracked the Roundhill Sports Betting & iGaming Index.
Classification
What's in the fund
Exposure type
Consumer Services
Technology Services
Stock breakdown by region
$BETZ is below the channel, upside looks weaker$BETZ the popular betting ETF looks to be loosing some steam on the daily chart. The stock recently broke the bottom of the channel (that has a slight downward trend) and is now below the recently started 200MA. Our entry points for this stock are $25.x and $22.x ATM.
Look for a continuation t
Sports betting - a multi billion business globallyAnother requests from a follower based in Singapore. Here, in our country, there are many forms of sports betting like Singapore Pools where you can try your luck on sports betting like soccer matches, lottery tickets and horse betting.
Too bad, these are government owned and they are not publi
Long huge money to makeHuge potential big boost in market coming from cuomo about to pass legal gambling
Roundhill Sports ETF: Time to Watch: USAHappy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
See all ideas