The world of sports betting is a thrilling and constantly evolving one. In fact, so hugely popular has it grown to be, that it is today one of the largest entertainment industries in the world.
Below is a list of interesting facts about his lively world of entertainment we bet you never knew.
The US Loves To Go Big
The size of the average bet placed in the US is today much larger than anywhere else in the world. And since the US is one of the richest countries in the world, this shouldn’t come as a surprise.
On average, the typical US sports bettor places around 40% bigger bets when compared to those living in the UK.
Horse Racing Comes In Second
So popular a pastime has this become, that horse racing is now considered the second-biggest betting market in the world, with over a hundred billion dollars changing hands in wagers every year.
The Biggest Months Of The Year
September and December are the biggest months for betting.
September marks the first weeks of many a sports betting competition, which makes of this month a popular instalment on the annual calendar.
As for December, the days around Christmas and the New Year are particularly popular for sports betting action.
Counter Strike Rules eSports
Within the exciting competitive gaming universe that is eSports, games like Fortnite, Dota 2, and LoL are constantly competing for dominance. Even so, Counter Strike: Global Offensive continues to rule the roost.
So incredibly popular has CS:GO become, that right now, at least half of all eSports bets are placed on it. Dota 2 follows in second place.
Research Not That Common
One of the keys of success when betting on sports is to become familiar with the teams and leagues – and to remain updated with statistics and data.
This is why it’s surprising that a recent data survey shows that very few bettors actually do this. This would probably go a long way to explain the many losing bets placed each day.
The Win Rate Is 50%
While the general assumption is that professional sports bettors win around two-thirds of the time, data suggests that the reality is closer to 50%.
Baseball Is Tough To Bet On
Baseball totally tops the list of the most difficult sports to bet on.
Perhaps the biggest reason for this is that it is a sport that is tricky to understand, and that it can at times be completely random. This makes baseball one of the most unpredictable sports out there.
Beginners are generally advised to start elsewhere and make their way up to baseball.
It’s More Popular Than Ever
Research suggests that a massive 20% of people worldwide have placed a bet or more on sports.
Interesting to note is that the data varies from country to country. Those leading the way are the Australians, with around 40% of adults placing regular bets.