Home Gambling 6 Popular Sports Events That People Bet On – 2020 Guide

6 Popular Sports Events That People Bet On – 2020 Guide

Source: mind.ua

Gambling is a very popular method of entertainment for many people, and some of them even manage to create a steady income from betting on various sports events. Betting on sports matches represents a huge part of the gambling industry, with over $150 billion spent on wages only in the United States. Also, that number can be even higher if most countries decide to allow people to gamble in all states. Nonetheless, digital technologies have a positive effect on the popularity of gambling because many people find it much more convenient to bet online.

There is a wide selection of online gambling platforms and bookkeepers where you can easily place a bet on almost any sports event. Also, most of these platforms, like S-Bobet, will reward you with an additional bonus after you register and place your deposit. When it comes to sports bets, you could get funds for a free bet, but in most cases, you can only withdraw the amount which is decreased by the amount of the reward. Furthermore, there are two main methods of betting on sports events, and those are placing a wage before the start and playing in life where the odds are constantly changing.

A lot of people are interested in sports, and placing a bet could make each event much more interesting, especially if you are betting on your favorite team. Furthermore, we can see that the highest numbers of bets are often placed on some popular events, like championship finals, the ending of the season, and many more. Here are some of the most popular sports events that people bet on in 2020.

1. World Cup in Soccer

Source: standardmedia.co.ke

Soccer is the most popular sport in the world, with a huge fan base of near 4 billion people. Therefore, the fact that betting houses receive the best during this championship is not a surprise. According to the statistics and research provides by the FIFA organization, there was over $100 billion spent on bets during the last World Cup, from which more than $7 billion is related only to the final match between Croatia and France. We expect that the numbers will be even bigger during the next World Cup in Qatar in 2022, and one of the reasons is that many states in the United States will allow people to gamble legally.
Besides the World Cup, Champions League is also very popular, and the final game had near 400 million viewers from over 200 countries, and betting stats are similar to the World Cup. Also, some of the best soccer leagues like the Premier League, Italian Serie A, Spanish La Liga, and French Ligue 1, are attractive to gamblers as well.

2. Super Bowl

Source: wbur.org

Super Bowl represents the main sports event in the United States, and people from all around the world are watching it every year. The last finals between Kansas City Chiefs and San Francisco had over 100 million watchers. When it comes to gambling on this event, there was near $7 billion spent on wages for this final, which Kansas won with the result 31:20. Besides the final, the NFL is attractive for betting because there are 256 games over the season, which is great for some progressive tactics where you can place a slightly bigger bet on each following game.

3. Kentucky Derby

Source: gotolouisville.com

Before sports like football, soccer, basketball, hockey, and many others became popular worldwide, the most popular sports events for betting were horse races. Also, some of those events are still popular today, like the Kentucky Derby. The total amount of wages on this event was over $250 million in 2019.

4. March Madness

Source: wsj.com

For people who are familiar with basketball, especially NBA and CNAA leagues in the United States, March Madness represents a great chance to make a profit out of their knowledge and analyses about which teams will be most efficient. 67 games in total are held only during a couple of weeks in March and April. This event brings more bets than a Super Bowl, with over $8 billion on the final game.

5. World Series

Source: theringer.com

Baseball is another sport highly popular among gamblers, especially because each team is playing 60 games during the season, and there are 30 teams in the league. That is a lot of potential winning tickets. When it comes to the main event, the number of bets can be compared to other most popular sports. For example, there was over $1 billion spent on baseball wages only in Nevada’s betting houses.

6. Boxing Matches

Source: loopjamaica.com

Even if you are not so much of a fan when it comes to boxing, you probably heard about Floyd Mayweather, Conor McGregor, or some older boxing stars like Mike Tyson or Vladimir Klitschko. These events are not as frequent as some other more popular sports. However, with a lot of big sponsors and great interests from people from all around the world, millions of people are watching fights for big prizes. The match between McGregor and Floyd had the number of bets similar to the Super Bowl.

Last Words

Besides these events, which are the most popular, there are also many other matches and events where a lot of people are placing bets. Some of those events are Nascar races, Formula 1, Golf Championship, NBA Play-off, and various events related to most popular sports. We have to mention tennis as well because a lot of people are interested in placing wagers on matches during Grand Slam tournaments. While the odds on the best players like Djokovic or Nadal are often much lower, you could earn a lot if you predict some surprise.

Each of these sports and events requires a good analysis of the teams and players to create a bet that is more likely to win. On the other side, you can choose to only bet for fun by placing a wager on your favorite player or a team. Many people would say how every game is much more intense and exciting if there is a chance that a particular result could bring you money.