Sports Betting: AGA Expects More Americans to bet on World Cup matches

Sports Betting: AGA Expects More Americans to bet on World Cup matches

World Cup sports betting

As the popularity of sports betting continues to rise and more US states looking to join New JerseyNew York, and other territories that have legalized sports wagering activities, the American Gaming Association (AGA) has produced an intriguing analysis detailing the percentage of American adults who intend to wager on the 2022 World Cup in Qatar.

According to the Association’s most recent report, about 20,500,000 American adults will wager $1.8 billion on the World Cup.

The vast majority of gamblers, 78%, want to use regulated operators to place wagers on the renowned soccer game.

 

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22 Million Americans Likely to Bet on the World Cup

The World Cup will begin this month on November 20 and conclude on December 18, 2022. As the most anticipated soccer competition of the year, millions of individuals are likely to wager on the renowned tournament. 

In anticipation of the event’s imminent debut, the AGA released the results of their first study on World Cup wagering. The Association’s most recent assessment estimates that 20,500,000 million American adults, or 8% of the population, will gamble on the tournament. The AGA predicts that around $1.8 billion will be wagered on the 2022 World Cup.

Casey Clark, the Association’s senior vice president, recognized that in light of the expanding legalization of sports betting in the United States, the World Cup will certainly attract the largest wagers. 

He noted that more than half of adult Americans have the choice to use legal sports wagers. According to Clark, this will “increase American fan engagement in the world’s most watched sporting event.”

Nevertheless, Clark recommended gamblers to approach the pastime carefully and develop a strategy. 

He explained that this approach may involve knowing more about the chances, establishing a budget for the activity, and employing only legal and licensed operators.

Most bettors intend to utilize licensed operators

Considering that 78% of World Cup bettors consider using licensed operators, the findings of the most recent investigation support Clark’s statement. The AGA notes that 9.8 million people plan to wager online, while 6 million will likely “make a casual bet with a friend.”

Alternatively, 4.7 million intend to visit a land-based sportsbook location to place a wager, while 4.1 million are interested in betting with a bookie. In addition, the study revealed that 3.5 million individuals intend to wager on a fantasy tournament or paid pool.

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About Lou De Aguila

Lou Aguila is a contributor to Golden Casino News. For over a decade, Lou has published news and featured articles for some of the most reputable sports betting and online casino sites in the world, including BetNow.UK, VegasOdds, and BWin. Apart from being a hardcore live casino punter, he also covers sports stories in North American leagues from time to time.