Top 5 Most Bet on Sporting Events in the World | The African Exponent.
Online sports betting is a huge industry and punters have largely moved online, as they traded land-based bookmakers for their Internet counterparts. Nowadays, it is possible to bet on flagship competitions and niche events, with a high number of markets at your disposal. Five sports events stand out from the crowd as the most popular among punters, who choose to bet large sums on the participating teams and athletes. According to date from the popular online betting website JeffBet these are the top five most bet on sporting events in the world.
FIFA World Cup
Football fans anxiously wait for the FIFA World Cup, an event that is widely regarded as the most important sports competition in the world. It is watched by more than half of the world’s population and it brings together the best national teams from all continents. It takes place every four years and there is a huge interest in the main event, as well as the qualification campaign. All bookmakers cover the event and the odds are usually published many months before kickoff, with hundreds of betting markets.
Americans have a different definition of football and the Super Bowl is the equivalent of the FIFA World Cup for players from this country. American football fans, as well as regular punters chasing competitive odds and a high number of betting markets, wait for this yearly event. Billions of dollars are wagered on the winners, game totals, and other in-game events, with huge amounts being invested in advertising. This is also the time of the year when bookies offer the best bonuses for American punters.
Basketball fans can consider themselves lucky to be able to bet on their favorite sport throughout the season. The highlight of the year is the playoff stage, which culminates with the NBA finals. The match pits the strongest team from the East against the best team from the West, in an epic match. This is a best-of-seven series, so players have multiple opportunities to place a winning bet. Millions of basketball fans watch the game and many of them spice things up with a bet on one of the 100+ betting markets.
Baseball enthusiasts have hundreds of games to bet on every year, but they all pale in comparison to the excitement of the playoffs. The pinnacle of the competition is the World Series, which is essentially the final of the playoffs when the most successful baseball team is crowned the winner. This is played in a best-of-seven format, so there are a minimum of four games to bet on. The event usually goes the distance and bookmakers offer the maximum number of betting markets on this baseball game.
Kentucky Derby and The Grand National
Horse racing events are scheduled throughout the year and there are daily races to bet on if you fancy these competitions. However, the Kentucky Derby and The Grand National are the preferred events for sports betting fans, from the US and the UK. There is also tremendous interest in these races among horse racing enthusiasts from other countries, as well as international bookmakers.