Tiidal Gaming (TIDL.CN) is a media and technology platform enabling next generation engagement in esports and gaming. They are positioned at the intersection of gaming, media, and betting and enable their partners to create positive, engaging, and immersive fan and consumer experiences through their industry-leading media and technology offerings. With deep industry roots and expertise, Tiidal is focused on the next generation of fan and consumer and building the future of game-based entertainment.

The technology business is under the brand Sportsflare. Sportsflare’s product suite delivers robust odds feed and advanced technology solutions for a variety of partners, including sportsbooks, online betting, media, and video gaming companies. Using applied deep learning and artificial intelligence research, Sportsflare has established a state-of-the-art technology platform for its products that comprises an AI esports engine that accurately produces predictions for hundreds of in-game outcomes in real-time (micromarkets), a data platform that conducts the aggregation and analysis of various data sources, and a trading platform that not only updates in-play and pre-match prices based on betting activity but also offers automated bet settlements.

One innovative offering is the “Bet-On-Yourself” offering which allows players to compete against the environment without an opponent. Back in my early gaming days, we would call this battling or competing against the computer player.

The media and entertainment side is under the brand Lazarus Esports. Lazarus Esports is Canada’s first established esports team and #1 ranked by historical winnings in Canada. Lazarus Esports is focused on developing the global gaming market and building an authentic community while supporting professional gamers and content creators at the highest level for greater success to be a bridge to the next generation of fans and consumers.

Recent news released on March 8th 2022 details Tiidal’s technology division to become the first odds provider to offer player proposition markets for DOTA 2.

Sportsflare will be the first odds provider to deliver player prop markets for Dota 2, an immensely popular esports title. This offering for Dota 2 is currently not available on any bookmaker and to date, there are no platform providers that provide it as part of their core product offering. With accurate and reliable data sources for player settlement, combining automation with 24/7 supervision and content review, Sportsflare already offers the most comprehensive CS:GO player prop coverage based on the number of available matches and markets in the industry. As a result, the new offering enables Sportsflare to deliver an extensive suite of player prop markets.

Overview of Sportsflare’s Player Prop Markets for Dota 2

• Betting options: Player kills over/under on every map
• Available for Tier 1 Dota 2 games within major esports competitions
• Over 3,000 fixtures covered per year

What is player proposition? I suggest you read Kieran’s piece on this press release. But to quote his article:

For context, player proposition markets allow bettors to wager on certain outcomes that are determined by the performance of an individual player during a game. For example, will Luo Feichi, arguably one of the best DOTA 2 mid-lane players, score five kills in a professional match before 20 minutes? In other words, proposition betting proposes a question to bettors, one that may or may not have a direct impact on the final score of a game.

This is big news as Tiidal already laid out the foundation for proposition markets with their Bet-on-Yourself sportsbook.

The technicals here look very positive. We have multiple confluences pointing to a new uptrend. Only one ingredient is missing: the breakout.

The stock made all time lows this year at $0.13. Since then, buyers have stepped in and the stock is printing a reversal pattern. It looks like the good old inverse head and shoulders pattern here!

So we have a reversal pattern printed in a downtrend and at a major support zone (previous all time lows). This is where we want reversal patterns because new trends can begin here.

Price has recently closed above my moving average. Very important especially on the FIRST crossover. In simple technical terms, price above the moving average is bullish or a buy. Prices below are bearish or a sell. When prices cross over, it usually hints at the end of the current trend, and the beginning of a new trend. In the case of Tiidal Gaming, the end of a downtrend and the beginning of a new uptrend.

Now I am looking at a major breakout here for a confirmation. I have a downtrend line here which is acting as resistance. Notice how yesterday’s candle failed to close above and rejected at the trendline. We have three touches now so this is a confirmed technical indicator.

Then, we have a resistance zone at $0.18. This must break to actually trigger the reversal pattern. We are just on the precipice of this breakout. Very important because I see too many traders and investors enter just because they see a pattern. Remember: a breakout trigger is still required. Why? Because the price can still range below $0.18 or even make new lows without the trigger.

So in summary, Tiidal has good news, experienced management, and the technicals hint at a new uptrend. Tons of positive bullish confluences, but we await that one breakout trigger with a candle close above $0.18!