Americans predicted that this March madness would bet an incredible $ 3.1 billion


Prepare to be angry because Marsh He officially started and fans from all over the country flock to Las Vegas to join the stir.

Regarding the money on the line, a couple Las Vegas SportsBooks claim that the first week of March is more popular than the Super Bowl Weekend.

A group of people on the seats, interaction and staring at the TV screens

Fans travel to Las Vegas from all over the country to the roots for their favorite teams. (Sunny Tsai / Foxbusiness)

“The opening weekend, including playing games MarshIt does about twice the amount of real betting activities like Super Bowl, ”said Caesar's entertainment lead at university basketball Rich Zanco.

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Sixty -eight schools They are on the line on the first weekend of March, and fans come from all over the point to encourage their team.

“You have a lot of these betors and fans of these teams, which are graduates of these universities and schools. So there are always upset, there is always cheering and a rough crowd.

People are waiting at the counter

Americans are expected to bet more than $ 3 billion this March. (Sunny Tsai / Foxbusiness)

The American Gaming Association predicts that fans will bet on tournaments an incredible $ 3.1 billion for tournaments – which has increased by $ 400 million last year.

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“When more states get on board, you start to see a growing betting interest and fever. So it is grown from people who just fill in parentheses to have a small office fund so that they can now get a phone application or anything that can be or go to their sports movie,” Zanco said.

While sports betting is legal in more countries than ever, Las Vegas is still a hot place where you can enjoy the tournament.

A sports book with people on their seats

Vegas sports books say that the first madness of March is more popular than the Super Bowl Weekend. (Nomad Media Collective / Foxbusiness)

“It may seem contrainuitive that it benefits Nevada and Las Vegas Having so many states legalized gambling and sports betting. But in fact, it's a good thing that it's almost a training ground for people when more entertainment can get involved, ”said Circa VP Operations Mike Palm.

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But even in larger training, the chances of building perfect brackets are still close to zero.

Men encouraging a basketball tournament.

During the tournament, various sports books offer their own bets. (Nomad Media Collective / Foxbusiness)

“It is estimated to be 120 billion per one. If it was, you know …

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In addition to brackets, there are some fun bets on VEGAS supports: which state or conferences win the championship and which will win the game from lower schools.

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