American Bets on the 2022 Fifa World Cup Are Expected to Total $1.8 Billion

An estimated 20.5 million Americans are expected to tune in to this year’s FIFA World Cup as legalized sports betting continues to expand across the country.

Betting is expected to reach $1.8 billion, according to estimates from the American Gaming Association released this week. Most people will place their bets online or in person rather than with a bookie. American traders give Argentina, Brazil or the United States the best chance to win it all, the group said. The football tournament starts this Sunday, and it comes during the 31st state in Washington, D.C. legalized online sports betting. This compares to three states having legal support in 2018 – the last time the World Cup was held. More states with legalized betting means this year’s World Cup will be the biggest soccer event in U.S. history, said the league’s executive vice president Casey Clark.

Read: What Will the Sport Betting Community Look Like?

Clark added, “With more than half of all American adults having access to a legal betting option in their home market, legalized sports betting will further engage American sports fans.” most of the world.”

Football Betting is Far Behind Other Sports

The World Cup’s odds pale in comparison to other major sporting events this year – especially the nearly $8 billion Americans can bet on the Super Bowl or the $3 billion they put in and the crazy tournament of the NCAA.

States began legalizing online sports betting three years ago after a 2018 US Supreme Court ruling struck down federal laws banning betting on football, basketball, baseball and other sports. States where sports betting is legal have reported millions of dollars in tax revenue, according to data from sports associations. Visit this site: 카지노사이트.

Caesars Sportsbook, DraftKings and FanDuel have also emerged as big winners in the sports betting boom. Caesars gave Brazil the best odds to win the tournament at +400, followed by Argentina at +550 and defending champions France at +650.

A minor controversy has marred much of the World Cup campaign this week after FIFA officials announced that alcohol will not be sold in the eight stadiums where Qatar will host the tournament. Muslim communities are considered to be the ones who protect and control the sale of alcohol and parties.

The decision angered fans, in part because Qatar said in September it would allow ticket holders to buy alcoholic beer at international soccer matches from 3 p.m. before starting and one hour after the last round.