The FIFA World Cup
Football (football ) is the world’s most popular sport, and it makes sense that it brings in the most money. Every year, it’s projected that soccer constitutes 70 percent of the above-listed $1 trillion!
The FIFA World Cup is the best tournament in the football calendar, happening every four decades. Even with a runtime of only one month, the World Cup provides an immense quantity of gambling opportunities.
The competition kicks off with 210 countries participating in the qualifying rounds, then battling it out through distinct phases to produce the final 32. Bettors from all over the world have the ability to place wagers each step of the way. Even though there aren’t any official statistics about how much can be bet globally throughout the entire tournament, it is estimated to be more than $260 million.
The Super Bowl
If we concentrate on the American landscape, the National Football League is king. Bets on the NFL constitute nearly half of all sports bets placed, together with the Super Bowl being the single most popular betting event during the sport year.
The 2018 Super Bowl LII, which found the Eagles stick into the Patriots, earned a record-breaking $158.6 million worth of wagers at Nevada sportsbooks. This shocking figure broke the record of $138.5 million wagered during the Super Bowl LI the preceding year.
Of course, these are only the official (legal) statistics. Based on estimates made from the American Gaming Association, the authentic total wagered was likely in the region of $4.76 billion.
March Madness
The NCAA tournament is one of the highlights for sports players and fans alike. 68 teams fight it out through seven single-elimination rounds in 1 month with the hope of being named winners.
Statistics in the American Gaming Association (AGA) predicted more than $10 billion could be wagered on the 2018 NCAA men’s basketball championship. A mere fraction of the amount (3%) was likely bet legally.
However, considering that gambling is legal in just 1 state then $300 million total stakes on a single sporting event is insanity!
Kentucky Derby
The Kentucky Derby is one of the most important horse racing events in the United States and is, in fact, among the longest-running sports events from the nation. The event Occurs on the first Saturday of May at the Churchill Downs racetrack in Louisville, Kentucky.
The’Run for the Roses’ (known as’the fastest two minutes in game’) draws a crowd of over 150,000 spectators to the racetrack. This isn’t even counting the huge number of home viewers: The 144th Kentucky Derby pulled in 16.2 million viewers on NBC.
Churchill Downs reported record-breaking wagering with $209.2 million in stakes over the 14-race card. The principal race alone pulled in over $139.2 million in wagers, breaking the former record of $137.9 million set in 2015.
The Grand National
Keeping with the equestrian theme, The Grand National is Britain’s own horse-racing extravaganza. It is allegedly among the world’s hardest horse-races, with two laps of a racetrack that is 4-mile 514 metres (6.907 km) long and contains 30 jumps.
It’s a hugely popular event that is attended by members of the Royal Family, in addition to other A-list celebrities. Along with experienced horse racing enthusiasts and gambling pros, it draws in upwards of 600 million viewers, making it the most watched TV event in the world.
Additionally, it defeats the gaming figures for our Kentucky Derby. The 2017 Grand National reportedly saw wagers totaling #300 million, that is approximately $400 million!
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