The online betting industry is strengthening day by day since more and more people are getting into online betting. So the number of online betting sites are increasing day by day too. Not just the sites, but their services are becoming better day by day, thanks to the growing competition. One such online betting website that is giving tough competition to other is https://bestsportsbetz.com/.
We know that the online betting industry is flourishing, but which sports are taking away the most friction by the betters? Well, that is one interesting question that we are answering today.
According to https://bestsportsbetz.com/, the top sports in the online betting industry are –
- Soccer
- American Football
- Tennis
Top Sports in Online Betting Industry
1. Soccer
Soccer betting legally started back in the 1960s, the time when the Betting & Gaming Act made it legal to gamble. A month later legalisation, the betting shops filled the streets of the UK.
Now, that was about the legal betting, since way before that one could venture the streets of the UK to find someone, is always engaged in the betting activity.
That was, however, a long time ago, since then the industry has evolved a lot. In fact, so much evolution has occurred since then that this industry was worth $1.8 billion in 2017. This evolution has a lot to do with the growth of the internet because that facilitated the growth of online betting.
2. American Football
This game officially played for the first time in 1869 has grown to be the most loved one by not only the fans, but also by the online bettors.
Today, the National Football Association or the NFL cash in $2.3 billion annually, this means that the opportunity for online bettors is vast. Currently, the online betting industry is cashing in $573 billion, so you can only imagine how much it is going to grow. This earning is not only from the betting, but the data rights, sponsorships and advertisements also add up annually.
3. Tennis
This racquet sport originated in England, with the simple purpose of hitting the ball and not letting it land. If the ball lands and the player cannot return the ball, then the other player scores.
This game looks pretty easy to play, but it is that much hard to master. So if you are planning to enter this industry, then be-aware, the industry was making $5 billion from this game in 2016, now in 2020, the number has surely increased.
