Online Sports Betting Facts And Figures

Sports? betting has always been popular more than the sport itself. It is a widely known fact that a major portion of love and enthusiasm for sports comes from sports bettors.

Online gambling and sports betting is a unique field with its own ebb and trough. Online sports? betting has been so popular that it has taken up the entire market by storm and has its major share in the market.

When we talk about 'market' it is obviously about the online gambling market or E-Gambling. This market is increasing at a steady speed with number of sports bettors increasing every month. In March 2001, there were more than 275 Million online sports bettors. Let alone, 30% of these online sports bettors were from United States of America.

A market analysis was conducted in year 2000 and 2001 to calculate the amount people wagered in online sports betting. We are pleased to let you know that online sports betting generated revenue of 3 Billion US $. As far as online gambling through casinos is concerned, they have their separate section. This indicates the total earnings from online sports betting only.

Experts predicted that in the coming years (2002 and onwards), online sports betting market will generate more revenue. The prediction was justified by amazing positive results later on. Online sports betting wagers reached 6 Billion $ ion 2002 and the rate has continued to grow on. By year 2010 up to year 2015, online sports betting would have become so famous that it will be maximizing profits by 125 Billion $.

Amidst all this online sports betting hype, we have been hearing about it as illegal activity. Although strict action has not yet been taken so you can make the most out of this opportunity in the coming time period.

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