Sporting events with the biggest betting volume
Which sporting events generate the most betting volume? This is a question that interests many people 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 US$30 billion. The tournament takes place every four years and features 32 national teams from around the world.
Closely followed by the World Cup is the UEFA Champions League with a global betting volume of US$13 billion. The Champions League is an annual club football tournament that brings together 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 in wagers annually. The game itself is only part of the reason for this high volume; Many people also bet on prop bets and halftime show appearances.
A total of $158 million was wagered on the 2018 Super Bowl between the New England Patriots and the Philadelphia Eagles, with the Patriots winning. The most popular prop bet was whether or not the Eagles would make a safety, which they didn’t. Also, there are always bets on who will sing the national anthem and what Gatorade color will be thrown at the winning trainer.
As Odds for cardinalsthe Cubs’ odds of winning the World Series have increased in recent years.
The World Series
The World Series is baseball’s largest betting event, with an estimated $50 million in wagers annually on the series. The game itself is only 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 the 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 do well and which players will struggle.
March madness
The NCAA Division I Men’s Basketball Tournament, also 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 wagered on the 2018 tournament was US$265 million (about £340 million). March Madness is closely followed by the Super Bowl, the biggest betting event of the year in the United States. Americans put an estimated $157 billion at stake in 2019.
Kentucky derbies
The Kentucky Derby is the most popular betting event in horse racing. It usually takes place on the first Saturday in May and draws 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 on a race track, online or via a mobile app. There are also many different types of bets you can place including win, place, show, exacta, trifecta and superfecta bets.
The Kentucky Derby typically has the largest betting volume of any horse race in the world. In 2019, total bets on the derby were $250 million. The 2020 derby has been canceled due to the coronavirus pandemic but bets on the 2022 race are expected to recover.
Sports betting is huge money
The sports events with the largest betting volume show how much money is bet on sports each year. This information shows that people are willing to bet big money on sports. And it’s not just casual fans who do it; Professional gamblers are also taking part in the campaign. In fact, many professional gamblers make a living from sports betting.
So if you’re thinking about getting into sports betting, know that there’s some serious money to be made.