You can also find out more about the following: AGA’s Analysis was performed on monthly sports betting reports from different states. The focus of the analysis was bets made at American sportsbooks for NCAA basketball games. AGA conducted surveys online to estimate the numbers up until this year. These included bracket pools. Last year’s AGA survey estimated March Madness wagering at $15.5 billion. This included bracket pools. Pools and bets Unlicensed bookmakers. As for the tracking changes, the AGA stated they wanted to concentrate on the legal market. Legal sports betting is now available in 38 states and has been for five years.
Derek Stevens of The D and Circa Las Vegas casino, which owns The D and Circa Las Vegas said that betting activity during first week of men’s NCAA tourney was higher than Super Bowl. He said that his sportsbook was fully booked for the opening days of the tournament. He added that March Madness betting is …definitively the biggest week of the year, and Super Bowl It is the second biggest.
Recent research from Eilers and Krejcik Gaming predicted that 35-40% (or more) of the men’s NCAA tourney betting volume would come from in game wagers. Only 5% came from same-game-parlays. Eilers & Krejcik also estimated that recent bans of NCAA prop bets Players in Ohio and Maryland may reduce sportsbook revenue in these states by 5-10%.
