The sports gambling industry is massive; it’s time for the United States to legalize it—and reap the benefits.
Approximately how much money do you think is wagered on the Super Bowl each year? 100 Million? Would $1 billion surprise you? How about $5 billion? If you’re like most football fans, you would not have guessed that bettors at casinos, illegal books, and office pools altogether wager over $8 billion per year on just one game.
Even if they don’t realize it, most sports fans come into contact with gambling information on a regular basis. When sportswriters for newspapers or other media outlets talk about favorites and projected point differences, they’ve obtained that information from Vegas’ oddsmakers.