Sports betting is undoubtedly one of the most popular forms of gambling in the world. Reports from the industry reveal that it could be worth $3 trillion. Online sports betting platforms have contributed significantly to the popularity of the sector. Also, mobile betting is the most preferred mode of online betting. You can also get your Betway download to enjoy the benefits of mobile sports betting. So, what are the most popular sports to wager on worldwide?
Cricket is one of the most loved sports on sports betting platforms. The sport usually has mouthwatering matchups that attract the attention of cricket fans globally. For instance, in 2019, when India met Bangladesh in the World Cup, $22 million was bet on that game. Other events, such as the Indian Premier League final, also attract massive bets.
Tennis is undoubtedly the most famous individual sport globally. Moreover, the number of tennis tournaments happening each year has contributed to the sport’s popularity in sports wagering sites. For instance, the International Tennis Federation holds up to 1500 tournaments annually. These tournaments provide around 93000 matches for sports betting fans to wager on!
In this sense, you will always find a tennis match to bet on. The most prestigious tennis competition is the Wimbledon tournament in England. Reports suggest that the tournament attracts up to one billion viewers.
Many sports betting fans worldwide love betting on basketball matches. For example, the American Gaming Association stated that betting fans wager about $10 billion on the single-elimination tournament March Madness. The tournament sees 68 teams compete in seven rounds within a month in a quest to become national champions.
Sports betting experts suggest that this number could go up if more states in the US legalize sports betting. Moreover, it is believed that up to 39 states could legalize sports betting by 2023. Therefore, the popularity of basketball betting will grow further.
Football is the most popular sport among sports betting fans in the US. Furthermore, football is the second most wagered-on sport globally. According to reports, nearly half of the sports bets placed in the US are NFL wagers.
Regarding specific events, the Super Bowl is the single most famous sports betting competition in the NFL calendar. For example, in 2018, the Super Bowl wagers reached a record-breaking $158.6 million. Note that this is just the official figure. However, if you consider illegal sports gambling, the number is around $4.76 billion. Additionally, the 2020 Super Bowl attracted 26 million betting fans.
Soccer is undoubtedly the most popular sport globally. Therefore, it is no surprise that it is the most wagered sport in the world. Several reports from the industry reveal that 70% of all global legal and illegal bets are on soccer.
The sport has different tournaments that attract massive bets from global fans. For instance, popular European leagues such as Serie A, La Liga, Bundesliga, Ligue 1, and English Premier League are the most popular among sports betting fans on top-rated platforms like Betway.
The FIFA World Cup attracts the highest volume of soccer bets. Despite happening after four years, it attracts wagers worth over $260 million!