There are the most popular sporting events to bet on online

American average wager is over 150 billion dollars per year on sporting events. However, it is a bet legally around the world. But as many states are legalizing sports bets, we could see that number rise even more. Especially since the addition of mobile betting alternatives has made it even easier. The $150 billion indicated above is for all sports. However, certain occurrences stand out from the crowd. Check out our list of the most bet on sporting events. 

These are the most popular sporting events to bet on online

World Cup

In 2018, it had claimed that 3.572 billion people watched 64 matches during the event. According to FIFA, these spectators were also betting money, with an estimated $136 billion gambling on the whole tournament and $7.2 billion wagered on the final match. However, Soccer isn’t a major sport in the United States. But when the World Cup comes, it captivates the world and everyone tunes. In 2022, the men’s World Cup will return. It will be the first time that most Americans will be able legally to gamble on the event. 

Super Bowl

Every year, over 100 million people continue to watch the Super Bowl, and the number is growing. According to the American Gaming Association, about $7 billion have wagered on the 2020 Super Bowl. It’s a matchup between the Kansas City Chiefs and the San Francisco 49ers. It is America’s favorite sport and its most important game. And it is one of the most frequently bet-on events each year. The unusual bets are a big part of the Super Bowl’s attraction. More casual sports bettors are drawn in by the halftime performance, national anthem, coin toss, and other events. 

Kentucky Derby

Horse racing isn’t generally the first thing that springs to mind. When it comes to athletic events, many people misunderstand the significance of the Kentucky Derby. People from all over the world come to Kentucky. In addition, they are putting their hard-earned money on the line to select a winner. In 2019, it had claimed that over $250 million has bet on the event. And, given the circumstances of the ending, many people were on the verge of the edge of their seats. 

March Madness

March Madness in college basketball is another large-scale event every year. The tournament lasts around a month and consists of 67 games in total. Furthermore, the American Gaming Association estimates that 47 million Americans will wager $8.5 billion on the men’s tournament. They also believe that just 7% of those people will legally risk their money at a sportsbook or with a friend. Furthermore, there is not a single game in March Madness. It will perform similarly to the Super Bowl. But the tournament will have a handle that is more than twice as huge as Super Bowl. And then, after the tournament’s cancellation due to the COVID-19 outbreak, casinos lost a lot of income.

Boxing

Boxing matches have lost their popularity in recent years. However, high-profile fights such as Floyd Mayweather, Conor McGregor, Manny Pacquiao, and others. They bring a spotlight on the sport. Over $100 million in wagers have a place in Nevada. It is the state’s big single handle for an event. Multiple bookmakers around the state saw a single bet. More than 1 million dollars bet on one of the two fighters. Also, if Floyd Mayweather returns to the ring boxing, they’re likely to see more of the same.

The Grand National

The Grand National in the United Kingdom had attended by monarchs. It has known as one of the world’s most hard horse races. Many people in America are more interested in the Kentucky Derby. However, the betting and viewing figures tell a different message for the rest of the world. It had estimated that 500-600 million people watch it in over 120 countries. The total wagered amount in the 2017 Grand National event was close to $400 million US dollars. Furthermore, it may not be the most popular in the United States. However, for the betting public, this is a top-tier event.

World Series

Baseball may be losing popularity to other major US sports such as the NFL and NBA. But the World Series remains one of the country’s most-watched events. The most recent world series has gotten a lot of attention. Houston businessman Jim “Mattress Mack” McIngvale put $11 million on the Astros. Then, in several states, to defend himself against his furniture store marketing. The more the series will last, the more profit sportsbooks earn.

Rugby World Cup

Rugby is another sport that is not very popular in the United States. However, it hosts some of the most viewed games/matches. The Rugby World Cup in Japan had watched by over 850 million people worldwide in 2019. It was the highest in the tournament’s history. We don’t have any exact betting figures. However, considering the number of people watching, we may assume that a lot of money have wagered during the tournament. 

NBA Finals

Basketball is one of the fastest-growing sports in the world. Also, it is not surprising to see that the championship series is one of the most bet on events in the betting industry. Since most bets had bet at illegal offshore bookies, it might be hard to estimate the exact amount. However, they believed that gamblers in Nevada risk about $10 million every game. Each game of the series had watched by over 20 million people. We can suppose that a significant amount of money is a wager on illegal offshore books. But at OKBET, you may rest assured that you are betting in a legal and safe sportsbook.

Cricket World Cup

This sports event is one of the most-viewed events in the world. Last year the Cricket governing body said that Cricket World Cup had a 1.6 billion people total audience. Also, this sport is one of the most popular in India and other nations in the world. Moreover, on a legal betting platform in England, they have an average of  71 million pounds. It had bet on the Indiana Premier League final alone. They expected any match between India, England, and Australia to generate 50 million pounds in bets, and it is England’s only betting platform.

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