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The Sporting Events with the Biggest Betting Volume

Sports betting is big organization that is global, and from’big’ we mean astronomical! The estimated global revenue for the sports betting industry is somewhere between $700 billion and $1 trillion annually. In 2017, a 4.68 billion was wagered in Nevada sportsbooks alone!
What is everyone betting on? Which sporting events require the bucks in the world of sport gambling? Wediscover just how much money is wagered and’ll have a look.
The FIFA World Cup
Football (soccer) is the world’s most popular sport, and it makes sense that it brings in the most cash. Every year, it is projected that soccer makes up 70% of their 1 trillion!
The FIFA World Cup is the best tournament in the soccer calendar, happening every four decades. Even with a runtime of only 1 month, the World Cup provides an enormous amount of opportunities.
The contest kicks off with 210 states participating in the qualifying rounds battling it out through distinct phases to make the last 32. Bettors from all over the world are able to place wagers every step of the way. Even though there aren’t some statistics as to how much can be bet globally throughout the whole tournament, it’s estimated to be greater than $260 million.
The Super Bowl
The National Football League is still king, if we concentrate on the American scene. Bets on the betdaq odds make up almost half of all sports stakes placed, together with the Super Bowl being the single most popular event.
The 2018 Super Bowl LII, which saw the Eagles stick it to the Patriots, earned a record-breaking $158.6 million worth of wagers at Nevada sportsbooks. This staggering figure broke the record of $138.5 million wagered during the Super Bowl LI the previous year.
Obviously, these are just the official (legal) figures. Based on estimates made by the American Gaming Association, the real total wagered was likely in the area of $4.76 billion.