As prop betting on the NFL Draft soars in popularity, such wagers have become a vehicle for a quick, short-term profit. For those astute enough to lock in on Bryce Young when the college season came to an end, the bet cashed at +250 last Thursday night when the Carolina Panthers took the Alabama quarterback with the No. 1 overall pick.
At Mojo Markets, a sports betting platform that lets users trade athletes like stocks, this year’s draft offered a new twist. Unlike traditional sports wagers such as the aforementioned props, Mojo customers can invest in players as a long-term value proposition.
Last Thursday, a collection of VIP Mojo customers congregated at The Ashford, a swank bar located on the pedestrian plaza in Downtown Jersey City. There, the VIPs attempted to unearth a few diamonds in the rough comparable to Brock Purdy, the upstart 49ers quarterback who improbably led San Francisco to last season's NFC Championship Game.
Thank you to everyone who came out to our NFL Draft party yesterday! ??????