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Facts and figures resembling betting and wagering popularity by Tom Alsonn





Article Author Biography
Facts and figures resembling betting and wagering popularity by
Article Posted: 11/17/2013
Article Views: 638
Articles Written: 2
Word Count: 525
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Facts and figures resembling betting and wagering popularity


 
Gambling,Advice
As stated by Wikipedia, betting is an activity of predicting sports results and placing some amount of money as a bet on the final outcome. These facts and figures are roughly recorded while a research was done. Many of the people were pleased to state that they are betting on sports, but some were frightened to accept it because they were having fear of legal rules. Presenting below some surprising facts and figures of sports betting that was recorded while research was going on:

* There are almost 85% of American adults that have gambled at least one time in their life since they were born.

* Number of people that have been gambles at least once in a year is about 65%. This figure includes teenagers as well as adults.


* Almost 30% have made some sort of bets on any sport in past one month and likewise, 15% of American adults placed any kind of sports bet at least once in the past week.

* Surveying across 11 different types of sports resulted that almost 9% of athletes place bets on sports at least once a month. This was surprising data for most of athletes.

* As said above, teenagers are also active in betting world. Research carried states that over 100,000,000 Americans are gambling on sports by one or the other way each year, which includes almost 67% of college students. Gambling is popular between teenagers and people aged between 14-22 years and nearly 25% of them gamble each month. They justify this by saying as they do not have good source of income, they use to gamble to earn some money.

* Betting on the ponies is popular and a renowned bet for horse races. While betting on favorite horses, there are 33% chances to win it but it grants with very low payoffs. Similarly, betting on riders in the jockey standings are able to win about 90% of the races run.


Recently, gambling world is increasing rapidly and is spreading very fast. There is a record of growing industry in current scenario. From 1894 to 1964, there wasn’t a single legal state that allows betting. Utah and Hawaii are the only 2 states out of 50 in United States of America that do not have legal form for gambling. Las Vegas is the most popular as well as most favorite spot for bettors and gamblers for betting. Nowadays, there are different USA Sports Betting Sites that allows gambling online which makes gambling world more popular in the world.

Related Articles - USA, Sports, Betting, Sites,

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