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Barchart
Barchart
Rob Isbitts

Is This Sports Betting ETF a Good Gamble Ahead of March Madness?

OK, what odds do you give me that The Roundhill Sports Betting and iGaming ETF (BETZ) gains 15% from its Wednesday close of $18.20 before it loses 15%? In surface terms, that’s what my ROAR score aims to do — balance return potential and risk of major loss. 

And for this basket of international casino stocks, online betting companies and others devoted to taking our money — I mean, wagering — on games, the chart seems to offer an intriguing proposition. First, let’s review what BETZ is, then handicap its future path. After all, the NCAA March Madness college basketball tournament, a betting bonanza, is just a few weeks away.

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