Sports are not only considered a source of entertainment. Today, they have become a full-fledged revenue-generating industry and have led to multiple parallel income streams. The sports betting industry is one such example that has leveraged sports popularity at a global level and has raked in billions of dollars.
People have their livelihoods dependent on sports betting. At the same time, there are also a lot of punters who have taken their love for sports to another level by betting on their favourite teams and getting satisfaction from their wins. Although betting on sports has been around since the ancient era, however in the modern times, with the increase in the number of professional sports, tournaments and competitions, sports betting volume has also increased tremendously. This has been further fueled by the increase of online betting opportunities, due to which betting has become convenient and accessible to millions of individuals.
While there are a large number of sports being bet on currently, there are a few clear winners in terms of betting volumes and scalability. Let’s look at the top three spots to bet on presently.
Out of all the sports happening around the world, it is soccer that has captured the hearts of billions of individuals. It is undoubtedly the most popular sport around the world. From screaming crowds in football stadiums to children playing it with their peers on local grounds or backyards, the sport has a global appeal. So it is no wonder that soccer is the top choice among the betting community as well.
The sport is played in more than 200 countries, and as a result, there are several matches and competitions held all year round. Although major competitions like FIFA, UEFA or the MSL happen sporadically, bettors find tons of opportunities to bet on various matches and tournaments happening on a smaller scale. As a result, there is a large variety of wagers, from basic to strategic bets to choose from, offering something for everyone. In addition, online betting sites, casinos and local bookmakers offer various betting togel thailand markets from which individuals can choose according to their preferences.
After soccer, there are quite a few sports we can consider, for instance, basketball and American football. However, if we were to consider the global scale, tennis is a popular sport watched by individuals worldwide. Wimbledon is a major example. Tennis is a highly competitive game, due to which many are avid fans.
There is a wide range of competitions happening around the year, leading to multiple betting opportunities. Bookmakers offer bets with great odds with promising returns, and many are enticed by the appeal.
Many do not consider horseracing among the top contenders when it comes to major sporting events and sports betting. If you are one of them, you are underestimating the sport. The Kentucky Derby remains one of the major sporting events to date. Horse racing continues to be one of the most popular sports around the world.
Most bettors consider horseracing the purest form of betting as the outcome can be highly unpredictable, and hence one can get huge odds when betting on a race. One great advantage that horse racing has over other sports is that many races occur every year. Therefore, there is a large range of betting markets available. Furthermore, bookmakers offer dedicated promotions to lure in more bettors. In addition, the live race betting options make horserace a popular betting choice for thrill-seekers.