Which sporting events generate the most betting volume? This is a question that many people are interested in, as betting can be a very lucrative pastime.
The FIFA World Cup
The FIFA World Cup is the most popular sporting event in the world, with an estimated global betting volume of $30 billion. The tournament is held every four years and features 32 national teams from around the world.
The World Cup is followed closely by the UEFA Champions League, which has a global betting volume of $13 billion. The Champions League is an annual club football tournament that features the best teams from across Europe.
The Super Bowl
The Super Bowl is the biggest betting event of the year in the United States, with an estimated $100 million bet on the game each year. The game itself is only a part of the reason for this high volume; many people also bet on prop bets and halftime show performances .
The 2018 Super Bowl between the New England Patriots and the Philadelphia Eagles had a total of $158 million bet on it, with the Patriots winning. The most popular prop bet was whether or not the Eagles would score a safety, which they did not. Also, there are always bets on who will sing the national anthem and what color Gatorade will be dumped on the winning coach.
Like the Cardinals odds, the Cubs’ odds to win the World Series have been on the rise in recent years.
The World Series
The World Series is the biggest betting event in baseball, with an estimated $50 million bet on the series each year. The game itself is only a part of the reason for this high volume; many people also bet on prop bets and player performance.
The most popular prop bet for the 2018 World Series between the Boston Red Sox and Los Angeles Dodgers was whether or not a run would be scored in the first inning. The answer was no, as neither team scored in the first inning. Also, there are always bets on which players will perform well and which players will struggle.
March Madness
The NCAA Division I Men’s Basketball Tournament, otherwise known as “March Madness,” is one of the biggest betting events of the year. According to the American Gaming Association, Americans bet $12 billion on the tournament in 2019.
Figures from the UK Gambling Commission show that the total amount bet on the tournament in 2018 was $265 million (about £340 million). March Madness is followed closely by the Super Bowl, which is the biggest betting event of the year in the United States. Americans bet an estimated $157 billion on the game in 2019.
Kentucky Derby
The Kentucky Derby is the most popular betting event in horse racing. It is usually held on the first Saturday in May and attracts a lot of attention from both casual and professional bettors. The Derby is also one of the most prestigious horse races in the world, with a long history dating back to 1875.
Betting on the Kentucky Derby is a tradition for many people, and there are several ways to do it. You can bet at a racetrack, online, or through a mobile app. There are also many different types of bets you can make, including win, place, show, exacta, trifecta, and superfecta bets.
The Kentucky Derby usually has the largest betting volume of any horse race in the world. In 2019, total wagering on the Derby was $250 million. The 2020 Derby was cancelled due to the coronavirus pandemic, but it is expected that betting on the race will rebound in 2022.
Sports Betting is Huge Money
The sporting events with the biggest betting volume show just how much money is wagered on sports each year. These information shows that people are willing to bet big money on sports. And it’s not just casual fans who are doing it; professional gamblers are also getting in on the action. In fact, many professional gamblers make a living by betting on sports.
So if you’re thinking about getting into sports betting, know that there is serious money to be made.
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