Some of the world's largest sports betting firms have hundreds of thousands of consumers worldwide, both in the online and offline worlds. In addition to lotteries, casinos, and poker, sports betting accounts for 30 to 40% of the global gambling market. An estimated half a trillion dollars ($500 million) in place bets annually worldwide. From $833 million in 2019, Morgan Stanley predicts that the betting like football betting business in the United States alone will generate $7 billion in revenue by 2025.
Betting is currently available in all sports, and emergent niches like eSports are the fastest growing in player engagement, audience, and betting. Although the number of bets placed on certain sports may vary from country to country, these are the most popular ones:
Football:
Football is the world's most popular sport, so it's no surprise that it's ranked first. However, in-play betting and early cash-outs have turned football wagering into a beast. Over $1 billion is wagered on football in the United Kingdom each year, according to estimates. Although it's impossible to collect exact data for the global market due to the existence of so many unregulated marketplaces, the number of bettors in แทงบอลออนไลน์ must be staggering, given that enormous events draw hundreds of millions of people to watch them.
The only countries where soccer isn't number one are the United States, where the National Football League reigns supreme. Australia and New Zealand, where rugby reigns supreme, Canada is where hockey is the national sport.
Horse racing:
The sport of horse racing has a long association with gambling, and it was the most popular sport to wager on throughout the majority of history. Some of the best sporting events are horse races, and with enormous prize money comes a big audience and big punters. Despite this, it is a global superpower and one of the only sports you may wager around the clock, anywhere in the world. There are about €100 billion in wagering on horse racing each year, according to some estimates.
Tennis:
Although it may come as a surprise to many, tennis is the third most popular sport in the world for wagering purposes. Tennis is one of the most popular sports to wager on because there are so many options. If you're betting on tennis, the draws make it simple to get cheap odds. For example, in the first few rounds, you might have Federer or Nadal facing an outsider, and considering that the great three in tennis have dominated the sport for 20 years, they very rarely lose to an outsider. Live betting, on the other hand, has played a crucial role in the tremendous rise of tennis betting.
Golf:
Recently, golf has been one of the most popular sports to wager on in the United States. Because there are 78 players on the course at any given time, and because there are so many different betting formats, it's easy to see why this is such a popular event with gamblers. As a result of the fact that majors play over four days, there are more opportunities to win, odds to bet on, and outcomes to consider than in other sports.