An Early Recap Of The 2023 US Sports Betting Market

2023 US Sports Betting Market

With over 30 reports still outstanding, the current US betting total for 2023 is $102.5 billion. Over $90 billion of that was won back by bettors across America. Tax contributions from sportsbooks closed in on $1.8 billion for the year. New York’s tax rate proves … Read more

Legal US Sports Betting Hits $250 Billion Mark Since 2018

Legal US Sports Betting Hits $250 Billion Mark

The total legal US sports betting handle surpassed the $250 billion mark in 2023. New Jersey is the biggest contributor to the milestone, making up 15.78% of the total handle. Ohio and Massachusetts launched earlier this year, adding two major markets to continue hitting legal … Read more

Justin Fields (+1800) Is the Most Bet on Player for NFL MVP

Justin Fields

Justin Fields is receiving more than twice as many NFL MVP bets than Patrick Mahomes. Fields’ 2023-2024 MVP odds at online sportsbooks shortened from +3000 to +1800 as a result. The second-year quarterback’s MVP handle surpasses Patrick Mahomes, Josh Allen, and Justin Herbert’s combined handle. … Read more

Legal Sports Betting Brief: New Markets and Controversy

Circa Sports

The Illinois betting market has been on a hot streak, continually growing and putting up big handle numbers, and is expecting the addition of a popular Vegas operator into the mix Ohio further work to bolster the number of markets available for bettors to wager … Read more

Legal Sports Betting Milestones by the Numbers

Sports Betting Milestones

Pennsylvania, Illinois, New York and New Jersey have contributed over $1 billion to local governments from sports betting taxes. Nevada sports bettors hold the best win rate (5.65%), while Montana sportsbooks see bettors lose at the US’s worst rate (13.5%). WASHINGTON – Nationwide, sports betting … Read more