The Top Sports Events for Creating Betting Volume

With sports betting being more and more legalized all over the globe, many people are joining in. When you are a newbie to the betting industry and are still exploring to find your feet, a good starting point is to know which sporting events are the betting hotspots. These are creating the most significant volumes of sports betting. Hence let’s explore the events ranking at the top.

FIFA World Cup

Even though it is only once every four years, the FIFA World Cup is the number one option if you want to place your money in the pool with the masses. For the tournament, 210 countries compete against each other to determine the qualifying 32. These teams then battle it out over one month. Estimated figures for the entire tournament is valued at $260 million in sports bets placed.

Super Bowl Betting Action

No other sporting league on American territory performs as well as the National Football League. This makes the annual Super Bowl the event generating the most money from wagers placed. During the 2018 Super Bowl, all records were defeated with a staggering $158.6 million in sports bets in Nevada alone. The estimated figures are however set much higher around $4.76 billion wagered.

March Madness with NCAA Basketball

The highlight on the basketball calendar. A month of madness as 68 teams compete in seven eliminations rounds for the title of national champions. During the 2018 March Madness month of basketball and sports betting action, more than $10 billion were on the table in wagers, Since this was before sports betting became legal in many states, it was determined that only about 3% of this was placed legally. Leaving it still at a pretty overwhelming figure if you consider the fact that $300 million was wagered only in Nevada.

Kentucky Derby – A Sports Betting Classic

The first Saturday of May every year, the attention of the horse racing world is set on Churchill Downs, Kentucky. For the longest standing sports event in the country is set to happen on the racetracks and the sports betting options are many. Not only does the event draw massive crowds but also plenty of viewers. 16.2 million People viewed the 144th Kentucky Derby on NBC. During this day, the amount of wagers placed is as astronomical as the racing, valued at an estimated $209.2 million.

Another Equestrian Extravaganza – The Grand National

This time Britain is delivering. Not only known for being the most challenging horse race but also as the most-watched, with more than 600 million viewers. The event is home to not only the Royal Family but is also a social event for the celebrity elite. Wagers received topped the astounding amount of £300 million, and when converted to USD, this event rakes in even more in bets than the Kentucky Derby. During these magnificent events, the winnings can be massive, but also, unfortunately, the losses. All of them are glorious in the sporting world, and Lady Luck is always at play.