Sport betting has grown more popular over the years, an estimated worldwide revenue for the betting industry is between $700 billion and $1 trillion annually. With the growing interest in sport betting around the world, all bettors have style and preference, particularly which sport they like to bet on. Here’s a list of the most bet on sporting events around the world, visit 22Bet login to place bets on the following events.
FIFA World Cup
Every four years since 1930 except during world war II, 32 qualifying teams around the world compete by playing football (or soccer) over 64 matches. The world cup is the biggest sporting event in football, it is a widely accepted event that keeps everyone tuned in.
It was reported in 2018 that over the course of the event, about 3.572 billion people viewed the matches.
According to FIFA, an estimated $136billion dollars was wagered during the tournaments and $7.2 dollars on the final matches.
The national football league’s championship game is arguably the most bet on event annually. The Super Bowl was first played in 1967 and over 100 million people watch the Super Bowl games and the number is consistently growing over the years.
In 2018 over $4.5 billion was wagered Setting a new record for betting on a single game. It was recorded that in 2020, almost $7billion was bet on the game between Kansas City Chiefs and San Francisco 49ers. In 2022, more than 110 million people watched the game with wagers totaling $7.61 billion.
The Kentucky Derby is the biggest, most prestigious horse racing event with people around the world converging to put their money on the line for a winner. Kentucky Derby puts 20 three-legged horses against each other in the first leg of the triple crown.In 2019, over $250 million was wagered on the event
The Grand National
The second biggest racing event held annually since 1839. The Grand national race features fences and ditches over the course of the game unlike the Kentucky Derby, horses have to jump over fences and obstacles on their way as it is a steeplechase. 40 horses are required to race a little over 4 miles, it usually takes a little under 10 minutes.A total of about $400 million was reportedly wagered on the 2017 grand national event. In 2021, a whopping $137.4 million USD was wagered on the game, about 13 million people bet on the race. It is reported to draw about 500 to 600 million people in over 120 countries.
March Madness is a tournament hosted every year in college basketball with 68 teams in the quest for the national championships that last about 1 month. With 67 games, it is one of the most heavily bet on sport. In 2019, about $350 million was wagered on the tournament, 47 million people were estimated to bet on the 2021 games. In 2022 the American gaming association estimated 45 million people would wager $8.5 billion on the tournament.