The US sports betting industry is enormous. Since the Supreme Court opened the sports betting floodgates in May 2018, wagering on games increased by a couple of billion dollars in the nation. Many bookie software providers started offering their services through the United States since then.
Although sports betting is legal in some states, illegal gambling remained. According to bookie pay per head reviews, legalization has created a new type of sports betting customers who are more inclined to bet on teams they support.
Although many players will eventually switch to legal betting platforms, it will take some time before some people will learn new habits. Some players are loyal to offshore and illegal betting platforms.
Status of US Sports Betting Industry
Several sports betting bills were passed in different states after the Supreme Court released its ruling in 2018. At least 20 states and Washington DC offer legal sports betting services to people within their borders.
At present, 40 more states introduced bills to legalize sports betting. Some states have passed legislation but haven’t launched the activity yet. Based on Bookie PPH reports, almost all states are tackling the legalization of wagering on sports.
With most states debating on the legalization of sports betting, media and sports betting organizations are following the developments as they happen. Also, many individuals are learning how to be a bookie to capitalize on the popularity of the activity.
To date, New Jersey has already overtaken Nevada as the sports betting capital of the US. From June 2018 to December 2019, NJ earned $47.7 million from sports betting operations. On the other hand, Nevada got $32.8 million.
Twenty-six million US residents placed their bets on the Super Bowl with a total handle of $6.8 billion. That’s just from a single event alone. Also, it is only the first quarter of 2020. Experts expert players to bet more on sports in the remaining months of the year.
