New Infographic Launched on the Popularity of Sports Betting

So, You Like Sports Betting?
So You Like Sports Betting?

Sports betting continues to soar in global popularity. In fact, Top Betting Action recently released a unique infographic on the growing popularity of sports betting. Sports’ betting, of course, is the activity of predicting sports results, while placing wagers on the outcomes. Betting on professional or minor league sports is usually facilitated by bookmakers or “bookies.” Betting enthusiasts can also utilize online Internet outlets to place bets and generate winnings.

According to the infographic, there are several types of bets that can be placed across the board. This includes straight bets, along with proposition bets, parlays, and future wagers. There are also head-to-head bets, as well as totalizators, progressive parlays, “if” bets, and teasers. Wrapping up the betting types list are in-play betting, 2nd half bets, and run line-puck line-goal line bets. No matter which betting type you select, the goal is to pick a winner or winners based on available odds or mere predictions.

If you love to bet on sports, this fascinating graphic is simply a must. With timely information and statistics, the info-graphic is designed for both educational and entertainment purposes. Based on the graphic, 65% of Americans have gambled on sports at least once in their lifetime. While 30% have gambled at least once in the past year, 15% have gambled once in the past month. 3% have also gambled once in the past week. Whether it’s betting on baseball, football, basketball, or especially horse racing, sports betting is an activity that continues to grow and expand at alarming rates.

While most U.S. gamblers are adults, a large number of college students also partake in this popular activity. In fact, nearly 67% of all U.S. college students bet on sports. An additional 80% of high school students gamble for money as well. Next to poker, sports betting is the second most popular form of gambling among U.S. college students. 44% of 12th grade males have also wagered on sporting events at least once in their lifetime.

When it comes to sports bets, 25% of U.S. males between 14-22 years of age place wagers every month. In terms of sporting events, more bets are placed on the NFL Super Bowl than any other single day sporting event of the year. More wagers, however, are placed during the first four days of the men’s NCAA March Madness tournament. While gambling on sports is illegal in several states, it is allowed in Nevada. From Las Vegas to Reno, sports gambling in Nevada is also regulated and taxed as a form of income.

According to the American Gaming Association, “Overall, Nevada’s legal sports wagering represents less than 1% of all sports betting nationwide. In 2011, $2.88 billion was legally wagered in Nevada’s sports books; the National Gambling Impact Study Commission (NGISC) estimated that illegal wagers are as much as $380 billion annually.” Online sports betting is also 5 times bigger than Las Vegas sports betting as a whole!

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