Sports Betting Industry Huge, Half of U.S. Population 18 or Older Have Bet On Single Sport at Least Once
By Space Coast Daily // November 22, 2017
Top THREE Sports You Should Bet On
Gambling is a gigantic industry making around $700 billion to $1 trillion a year according to the BBC. Gambling involves different methods, and is not just restricted to casinos, which undoubtedly make the biggest part of gambling.
However, now there is another form of gambling that is giving competition to casinos, and that is sports gambling.
Sports betting is a huge money making business that a lot of people are involved with. If we talk about sports betting in the US, a survey from Statista says that, 50% of the entire population of US citizens that are 18 or older, have bet on a single sport at least once in their life.
Normally, sports betting is done on websites such as Toals Bookmakers and William Hill. These websites cover different sports, from NFL to boxing to cricket. These sites are pretty huge and some even have physical stores.
As per a report by Statista, William Hill (a betting site) managed to generate $2.37 billion in the year 2015 alone. So, you can imagine how big of an industry sports betting is.
As mentioned earlier, these sites cover various sports, which is why people often get confused about which one to go for.
To help you in this regard, given below are are top 3 sports you should bet on:
Football, also known as soccer, is a world known sport and its fans are all around the globe. It’s always a joy to watch your favorite team play and root for them. Since, the popularity of football is off the charts, betting upon it is the best choice among all the sport games out there.
The game is played in more than 200 countries worldwide and the amount of money generated from this game is unimaginable. So, our first pick to bet on a sport is football.
However, it is important that you are aware of the game rules and have prior knowledge about the teams and players so that you can bet on the best team or player.
Around 70% of sports betting money comes from football as per BBC, as it is the most played game out there.
Cricket is a game that is watched and enjoyed all around the world which is why betting on this sport knows no limits.
Betting on cricket is a great way to earn money if you know how to analyze the situation and have good knowledge about certain factors such as player weakness, good educated guesses, players forms, past records, weather and pitch report etc.
The more knowledge and experience you have regarding cricket, the higher are your chances of finding victory.
Remember that the amount to win or lose depends on how big a match is. There are some matches which are easily predicted such as a match between India and Scotland. We know that India has a 90% chance of winning, hence the betting reward on such matches is very less and you won’t make a good amount of money at the end. So, be careful and play safe.
One of the oldest sports today is horse racing. It has been entertaining people from ancient times when casinos and other sports were illegal.
The rules are simple: You bet on a player and then see if you can win. This is an educated guess as your bet is based on the horse and player’s skills. Known as the game of elite, horse racing is big in the world of betting.
Make sure to pick the right website to bet and on the right sport. With proper homework, you can really win big.
CLICK HERE FOR BREVARD COUNTY NEWS