In the offline and online world of betting, the numbers are massive. There are several professional sports for betting that have millions of customers globally. In general, sports betting makes up to 40% of the worldwide gambling market, including poker, casinos, lotteries and more.
Here are our top 3 sports for betting in terms of betting volume:
Soccer is considered the easiest and most profitable sport to bet on. It is estimated that more than one billion euros are bet on soccer each year only in the United Kingdom. There are limited countries where soccer is not number one, including Canada, where hockey is king, New Zealand and Australia, where rugby is quite famous and the United States of America, where NFL rules.
2. Horse Racing
Before the rise of soccer, horse racing used to be on the top. This sport has been related to betting for most of history. Its origin dates back to about 4500 BC when it was considered a sport of the kings. Gambling on this sport is quite popular because horse racing is one of the only sports where you can bet 24/7 that offers bid price money that comes with big punters and bid viewership. It is estimated that more than $100 billion is bet on horse racing annually.
As we all know, online betting is now legal in the United States of America. As a result, American football has become one of the biggest sports for gambling. Even though there are several other football leagues, the National Football League (NFL) is quite popular all around the globe.
The NFL generate the highest betting volume in the USA. The peak point of sports betting in the US is the annual Super Bowl when millions of football fans spend a fortune wagering on the outcome of one last final match.