The sports betting industry is blowing up everywhere around the world without showing any sign of slowing down. This is because it is a fun pastime that over 1.6 billion people enjoy on a regular basis. Odds are, that you yourself have made a bet on sport at one time or another. However, how well do you know the sports betting industry? Here are some interesting Mind-blowing Sports Betting Facts and Figures that every bettor should know!
In North America along, almost 50% of American Adults have made a bet on sports in their lifetime. Furthermore, 30% of American make a bet at least once a month and 15% on a weekly basis. Needless to say, if you do not bet on sport, you probably know someone that enjoys this hobby.
In fact, over 4 billion people bet on sports at least once a year. The current adult population (20 or over) is around 5.1 billion people. This means that 78% of adults have made a bet on sport this year. With this in mind, it is not a surprise that new sportsbooks keep popping up every year.
Sports Betting Facts and Figures Every Bookie Should Know
The Global Gross Gambling yield is over $400 billion – For those who do not know, the gross yield is the money a sportsbook makes minus the payouts of winners. Needless to say, now is a good time to become a bookie!
Asia makes up 33% of all sports bets made in the world – Of course, that is not surprising considering the number of people that live there.
In eSport, counter-Strike is the most popular game to bet on – 53% of all eSports bet were made on the outcome of a Counter-Strike game. Afterwards, Dota accounts for 35% of all eSports Bet and league of Legend Accounts for 7% of all eSports wagers.
The most challenging sport to bet on is baseball – The is because baseball is unpredictable by nature. Furthermore, it’s hard to figure out because of the 162-game season, player streaks, and the teams they play for.
The highest long term win rate for a sports bettor is 55% – For professional sports bettors, their win rate is between 53% and 54%. While it may seem that those numbers would get up to 60%, but that is not what happens over the long term.
Hockey Fans Love to Bet on Sports – This is because 62% of all NHL fans like to bey on sport. In comparison, 59 of basketball fans wager on sports only 48% of NFL fans bet on sport.
Operating a Sportsbook with a Bookie Pay Per Head is cost-efficient – This is because sportsbook owners do not have to worry about buying the gambling software, infrastructure of employees. Instead, bookies that use a sportsbook pay per head only have to pay $5 or less per player. This weekly fee gets them everything they need to run a sportsbook.
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