Monday, 15 Aug 2022

Top 11 Jaw-Dropping Facts About Sports Wagering

About Sports Wagering

Read the fantastic jaw-dropping facts on sports betting that will surprise you.

Sports betting is in its golden era now. It is growing massively. It’s simple to play and offers a lot of opportunities to win. But if you are a newbie, take a look at these amazing facts, which will surely keep your mouth open to say wow. Hence, stick to the end of this article to know these jaw-dropping facts on the sports betting industry.

  • Wagering on September and December

September is a special month for sports gamblers. Major sports events like football start during this time of the year. In addition, December marks the end of the year with occasions like Christmas, new year. This time is the betting season as the craze of sports wagering rises to an extremely high level. During this time, you will also receive great bonuses and promotions.

  • Wagering is now Legal

In most parts of the USA, betting has been legalized. Despite being super strict on gambling, many states are now legalizing sports bets, which increase the growth of sports wagering to a whole new level.

  • The Craze of Sports Betting

The popularity of sports wagering is high. Around 20% of people are betting on sports irrespective of countries and regions. Betting has become a household task because of its global popularity.

  • Horse Racing Steals the Show

After football, if any sports to be wagered the most is horse racing. It is the second most popular sport in which to place a wager. It is like a hobby to many gamblers and has been betting for centuries. A report confirms that the worth of the horse-racing bet is around $2 billion.

  • eSports Wagering

Online games have made their way into the world of betting. Popular games like fortnight, League Of Legends, etc., are an essential asset to the gambling industry. Counter-Strike is the most popular game to be bet on, followed by Data 2.

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  • Gamblers of the US

We all know that the United States is the richest country on the planet. Hence, the betting sizes here are much higher than other countries. A report claims that a bettor of the US will bet at least 40% more than a bettor of any country, let’s say the UK. NFL wagers are the most popular in the United States.

  • Use of Sportsbooks

In sports betting, research and knowledge are the fundamental pillars. Without the proper knowledge, gamblers will face a huge loss. But according to stats, the majority of the gamblers don’t prefer expertise and research to sportsbooks. As a result, sportsbooks are quite popular these days.

  • Hard things Amaze Us more

Sports bets are excessively risky and unpredictable. The bets are dependent on your luck and skills with proper in-depth analysis. Hence, sports betting has a 50-50 chance of winning. In short, making profits in sports betting is hard.

  • Hardness of Baseball

Basketball is the hardest sport to bet on compared to other major sports played around the globe. It is tough to guess and too unpredictable.

  1. Cheers for American Football

In the sports betting industry, American football is the most popular one. A long tournament amazes the bettors. This sport is well popular among teenagers as it is hard to predict.

  • Unlimited betting

The outcome of the game doesn’t determine your wagering limit. There are many other options to gamble on sports betting, such as the number of corners, penalty scores, etc. Support bets are quite profitable and enjoyable as well.

Conclusion

Sports betting is quite popular all across because of its unique challenge. Unpredictable and luck set a great combination behind the popularity and growth of the sports wagering industry.

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