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Anyone who is a passionate bettor understands just how big wagering is in the United States. There is so much cash in the American wagering industry, and numerous are wondering why. However, nobody ever gets a strong answer through a fast internet search.
For the most part, the cash that enter into sports betting rarely get tabulated. This is because a huge bulk of sports betting is normally handled by legal overseas sportsbooks and on the black market. Neither of these entities is compelled to offer details to the general public.
Sports Betting Industry in the USA
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Close to 60% of Americans identify as sports betting fans, but this does not suggest all of them are wagerers. To learn how much Americans invest on betting, we initially need to discover what percentage of the population determines as gamblers.
Every year, the NGCB (Nevada Gaming Control Board) presents a report on how much profits in the US is credited to sportsbooks. By dividing this quantity by the number of casinos in Nevada, we must get to a number that represents just how much each gambler spends per year. Even though this is an inexact approach
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