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Anyone who is an avid bettor understands just how big sports betting remains in the United States. There is so much cash in the American sports betting industry, and numerous are wondering why. However, no one ever gets a strong response through a quick web search.
For the most part, the cash that go into wagering hardly ever get tabulated. This is because a huge majority of sports betting is usually managed by legal offshore sportsbooks and on the black market. Neither of these entities is forced to provide details to the public.
Sports Betting Industry in the USA
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Near 60% of Americans recognize as sports betting fans, but this does not suggest all of them are gamblers. To learn just how much Americans invest on sports betting, we first have to discover what percentage of the population identifies as gamblers.
Every year, the NGCB (Nevada Gaming Control Board) rolls out a report on just how much profits in the US is credited to sportsbooks. By dividing this amount by the variety of casinos in Nevada, we must show up at a number that represents how much each bettor spends annually. Although this is an inexact technique
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