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Anyone who is a passionate bettor understands simply how big sports betting is in the United States. There is so much money in the American sports betting market, and numerous are questioning why. However, nobody ever gets a strong answer through a fast web search.
For the a lot of part, the monies that go into sports betting hardly ever get tabulated. This is because a large bulk of wagering is generally managed by legal offshore sportsbooks and on the black market. Neither of these entities is compelled to supply information to the general public.
Sports Betting Industry in the USA
Close to 60% of Americans identify as sports betting fans, but this does not mean all of them are gamblers. To learn how much Americans invest in sports betting, we first need to discover what percentage of the population identifies as bettors.
Every year, the NGCB (Nevada Gaming Control panel) rolls out a report on just how much earnings in the US is associated to sportsbooks. By dividing this quantity by the number of gambling establishments in Nevada, we need to come to a number that represents how much each gambler spends annually. Even though this is an inexact technique
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