AGA Survey: Over 20 Million Americans Will Bet $1.8 Billion on World Cup

Summarized by: Live Sports Direct
 
AGA Survey: Over 20 Million Americans Will Bet $1.8 Billion on World Cup

The FIFA World Cup starts next week. American Gaming Association expects $1.8 billion in legal sports betting wagers from 20.5 million American adults. 48% of all bets are expected to come through online sportsbetting sites. The 2018 U.S. Supreme Court decision paved the way for the nationwide legalization of sports gambling. The tournament kicks off on November 20th. It is the first time that most of the American public will have the opportunity to legally wager on the event.

132 million American adults are now able to legally bet on World Cup matches. This is a dramatic increase from the 10 million who were able bet during the 2018 World cup. Canada and the USA are playing in the tournament. Ontario regulated sports betting in April. AAGA survey: Over 20 million Americans will bet $1.8 billion on the World Cups in 2022.

6.0 million people plan to bet on the World Cup. 3.5 million plan on betting as part of a paid pool or fantasy contest. Only 2% of baby boomers plan wagering on World Cups.

6.0 million plan to place a casual bet with a friend, 4.1 million will place one with their bookie and 3.5 million with paid pools or fantasy contests.

According to the AGA survey, most Americans would bet on the United States to win the World Cup. The majority of World Cups bettors place their money online, with a bookie or at a physical sportsbook. The AGA based its estimates on an online survey of 2,213 adults conducted by Methodology Morning Consult on behalf of AGA between November 3-5.


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