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NCAA Tournaments to See Record Betting, Doubling Super Bowl Wagers

With legal sports betting now available in 38 states, the NCAA basketball tournaments are expected to attract nearly $3 billion in bets.

  • Americans are projected to wager nearly $3 billion on the NCAA men's and women's basketball tournaments, nearly doubling the amount bet on this year's Super Bowl.
  • The American Gaming Association estimates a 55% increase in legal sports betting on the tournaments compared to the Super Bowl, with $2.72 billion expected to be wagered.
  • Legal sports betting is now available in 38 states and Washington D.C., contributing to the surge in betting activity.
  • The NCAA tournaments offer a total of 134 games, providing numerous betting opportunities and making it a significant event for sports bettors.
  • Last year, an estimated 68 million Americans bet $15.5 billion on the men’s college basketball tournament, indicating a growing trend in sports betting.
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