SportsSports betting has become a global phenomenon, with billions of dollars traded in the form of wagers on different kinds of sports every year. According to a study by Morgan Stanley, the betting industry is expected to have $7 billion in income in the US alone.
The advent of online betting sites has contributed significantly to the increase in the number of bettors and betting revenues. When it comes to the popularity of sports for betting, some sports constitute a bigger percentage than others. In this article, we look at three of the most popular sports to bet on.
Soccer is the most played sport in the world. Hence it is not surprising that it is also the most bet on the sport globally. Soccer is currently played in more than 200 countries worldwide and is followed by more than 3.5 billion people globally.
The sport’s popularity is such that soccer players are highly revered even in countries with no professional teams. Soccer has many international tournaments, including FIFA, UEFA, the Bundesliga, etc., which occur on a sporadic basis; however, their qualifying matches and other regional and local competitions are happening around the year usually. All of these competitions translate into numerous lucrative betting opportunities for punters.
According to a global estimate, almost 70% of the entire betting volume constitutes the bets made on soccer bets.
There was a time when American football was popular only within the country. However, it is rapidly becoming a global sensation, attracting punters from different corners of the world. The trend is gaining even more traction now that Agen Judi Bola betting has been legalized in the US. Bettors have jumped on the opportunity, betting on NFL matches, thus increasing its popularity worldwide.
In the US alone, the NFL is so popular for betting that half of the total betting volume consists of bets on NFL. The Super Bowl attracts millions of punters from across the country. The competition is intense, and the games are exciting, making betting on NFL games very fun and exhilarating.
The third sport on our list is Tennis. You may be surprised to learn that it is currently one of the most popular sports for betting. A major reason for this is the wide range of tennis competitions. The game is played so widely that a tennis match happens almost every day.
The large volume of tennis matches hence means multiple betting opportunities for punters. The competitions that attract the largest number of bets include the Grand Slam and the Masters’ competitions.
Since some very strong players in the sport have been winning consistently for the past many years, with a few exceptions, you can bet on low odd bets with probable outcomes and increase your winning prospect on the wager.