In the last few years, the industry of sports betting has grown in popularity in the U.S. Since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, online betting has gone on to become one of the most profitable sectors in the nation.
New sports bettors from all around the nation have been drawn to online sportsbooks and casinos, whether to bet on MLB picks today or NBA games on the weekend. Operators are battling for a piece of the customers, which means that sports bettors have never had more alternatives.
All of this implies that sportsbooks must stand out in order to attract new customers. One way they may achieve this is to make as many markets as possible accessible to wager on. Because the U.S. is home to a large number of enthusiastic sports lovers, betting companies must guarantee that they provide odds and markets on all major domestic and international sports.
Football is the most popular sport in the U.S. It’s also the most popular wagering option at authorized and regulated sportsbooks. Professional football provides the most total handle, with each game generating a considerable amount of interest and wagering activity.
Customers in certain areas may wager on both pro football (NFL) and college football, with a variety of wagering options ranging from money line to live betting. You may put a futures bet on who you believe will win the Super Bowl before the regular season starts, or you can arrange parlays for the whole weekend’s slate of games. When it comes to NFL betting, most U.S. sportsbooks will provide a wide range of options.
Soccer is the most popular and widely loved sport on the planet, so it’s no surprise that it’s on this list. Horse racing, back in time, used to be the most popular, but the advent of play-betting and early cash-outs has transformed soccer betting into a monster.
The MLS, like other sports in the U.S., is growing in popularity, with young players like Christian Pulisic, Sergino Dest and Weston McKennie playing for the top European football clubs, too. The USMNT has also qualified for the 2022 World Cup, boosting soccer’s popularity in the U.S. even more.
Horse racing has long been associated with wagering, and it was the most popular sport to place bets on throughout the vast majority of known history. Horse races are, without doubt, among the major athletic events. It’s a worldwide powerhouse and one of the few sports you can bet on 24/7 across the globe.
Horse racing betting is estimated to be worth more than $100 billion every year. Surprisingly for some, Japan is the most important market, followed by the United Kingdom and Australia. In the U.S., horse racing is a major business.
Tennis comes third among the most popular sports to bet on in the world, which may come as a surprise to many. Live/in-play betting began when you could bet on who would win a set, and today you can bet on who would win a game; the sheer number of possible outcomes makes tennis a particularly high-profile betting sport.
Tennis formats also make it a comfortable low-odds bet; for instance, you may have Nadal or Federer facing a smaller player in the first few rounds. Considering that these two beasts have dominated the entire sport for 20 years, they seldom lose to an outsider. Live betting, nevertheless, has been a big contributor to the increase in tennis betting.
eSports is the fastest-growing sports industry in terms of betting volume. eSports’ growing popularity is forcing sports betting platforms to embrace it swiftly or risk falling behind the trend.
While virtual racing has been around for a while, other virtual sports have risen in popularity in 2020, with all of the main bookmakers now giving various eSports betting options. The sports betting industry’s income is fast increasing as a result of this increased volume.
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