International sports betting is a multi-billion dollar industry, and we mean huge! Sports betting generates annual revenue of between $700 billion and $1 trillion throughout the world. In 2017, Nevada sportsbooks saw a record-breaking $4.68 billion in wagers! Everybody’s predicting something. What are the most popular athletic events to wager on in the world of sports gambling? Look at some of the world’s most popular sports and find out how much money is bet.
The World Cup of Football, organized and overseen by the FIFA Organization
Football (soccer) is the most popular sport in the world, thus it’s only natural that it generates the most revenue. In fact, it’s believed that soccer accounts for 70 percent of the $1 trillion figure! Every four years, the FIFA World Cup is the most prestigious football competition in the world. Even though the World Cup only lasts for a month, it gives a wealth of betting chances. There are 210 nations competing in the preliminary rounds, and then 32 countries make it to the finals through a series of elimination rounds. In each step of the process, bettors from all around the globe may put bets. It’s claimed that more than $260 million was wagered globally over the whole event, despite the lack of official numbers.
The Big Game
The National Football League (NFL) reigns supreme in the United States. The Super Bowl is the most popular athletic event of the year, accounting for over half of all sports bets made. Sportsbooks in Nevada saw a record-breaking $158.6 million bet on the Eagles’ victory over the Patriots in the 2018 Super Bowl LII. The previous record of $138.5 million bets at the Super Bowl LI was smashed by this astonishing total. However, they are merely official (legal) estimates. Figures put total bets at over $4.76 billion, according to estimates from the American Gaming Association (AGA).
The March Madness
One of the most anticipated events of the year for sports fans and bookmakers alike is the NCAA tournament. It takes a month for 68 teams to compete in seven single-elimination tournaments to find out who will be crowned the national champions. The American Gaming Association (AGA) anticipated that the 2018 NCAA men’s basketball tournament would bring in more than $10 billion in wagers. Legally, just a small percentage of the money was gambled. However, when you realize that just one state allows sports betting, $300 million on a single sporting event is insane! Check out 토토사이트.
The Derby is a horse race in Kentucky.
Horse racing activities in the United States are known as the Kentucky Derby, which is one of the country’s longest-running sporting events. The Churchill Downs racetrack in Louisville, Kentucky, hosts the event on the first Saturday in May. More than 150,000 people get up to see the ‘Run for the Roses,’ often known as ‘the quickest two minutes in sport.’ This doesn’t even include the millions of people that watch the show at home: NBC’s telecast of the 144th Kentucky Derby drew approximately 16.2 million people. The 14-race schedule at Churchill Downs generated a record-breaking $209.2 million in bets. There were more than $139.2 million bets placed on the main race, topping the 2015 record of $137.9 million.
The Kentucky Derby
The Grand National is a British horse-racing spectacular that takes place each year. One of the world’s most difficult horse races, it has two circuits on a racecourse that is 4 miles 514 yards (6.907 kilometres) long and has 30 jumps. One of the world’s most esteemed events, it attracts members of the Royal Family and other A-listers. Additionally, it attracts an estimated 600 million people, which makes it the world’s most-watched television event. Our own Kentucky Derby is also beaten in terms of bets placed on it. As of 2017, the 2017 Grand National has wagers totalling £300 million, which is about $400 million.