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Anyone who is an avid wagerer understands just how big betting remains in the United States. There is so much money in the American wagering market, and lots of are questioning why. However, nobody ever gets a strong response through a quick web search.
For the most part, the cashes that go into wagering barely ever get arranged. This is due to the fact that a huge majority of sports betting is generally handled by legal offshore sportsbooks and on the black market. Neither of these entities is forced to provide details to the general public.
Sports Betting Industry in the USA
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Near 60% of Americans identify as sports betting fans, however this does not mean all of them are gamblers. To learn how much Americans invest in sports betting, we first need to find out what percentage of the population identifies 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 amount by the number of gambling establishments in Nevada, we should get to a number that represents just how much each gambler spends per year. Even though this is an inexact method
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