July 4, 2022

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How Much Money Do Americans Bet On Sports

Sports betting has been popular all around the world since sports first began. In the US, betting was originally allowed but eventually banned except for a few places such as Nevada. In 2018, however, this ban was overturned by the Supreme Court. Now, more Americans than ever are betting on their favorite sports. Each year, the number of states that allow betting is growing, and the amount of money being gambled is growing too.

Most Popular Sportsbooks in the US

Since the legal sports betting market opened up in the US, numerous companies have gotten involved and launched their own betting service. The likes of FanDuel and DraftKings, which had previously offered fantasy sports, were some of the first to get in on the action. European sports betting companies such as Unibet, Bet365, and Betway also made a push to enter the North American market and have quickly established themselves as some of the best options. There are other sportsbooks, too, some of which are from casino brands based in the US like Caesars, BetMGM, and BetRivers.

Most US sportsbooks advertise welcome offers such as the BetRivers bonus code, which can be used to gain additional funds when signing up. Most bettors will look for these offers and make the most out of them to play without risking much of their own money. The trick is to look for bonuses that don’t include lots of complicated terms and conditions, as they’re much easier to use.

In the four years since the US made sports betting federally legal, more than thirty states have implemented regulations to allow sportsbooks to operate within their borders. In that time, more than $125 billion has been wagered at legal sportsbooks, and the bets show no sign of slowing down. There are now lots of retail and online sportsbooks available across the country, all offering bonuses, great odds, and a wide range of markets.

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Most Popular Sports to Bet on in the US

It’s hardly surprising that the most popular sports to bet on in the US are also some of the most popular to watch. Football remains the most popular sport, with NFL games attracting the largest wagers. College football also does well, but not every state allows full wagering on college sports.

Other popular sports include basketball, hockey, and baseball. These have the advantage of offering far more games than football, so they’re ideal options when the football season is over. Of course, most sportsbooks will offer betting markets on all major sports from around the world too. This means you can bet on major soccer competitions like the World Cup and on events such as the Olympics too.