• Loading stock data...
Tuesday, November 5, 2024
The Best Employers in Sports survey is open through Nov. 6 Learn More

World Cup Bets Expected to Hit $35B

  • The World Cup is expected to see a 65% increase in sports bets from the 2018 tournament.
  • U.S. bettors planned to place $1.8 billion in bets.
Brazilian attacker Raphinha dribbles at Swiss defender during World Cup match up
Danielle Parhizkaran-USA TODAY Sports

Analysts are expecting a massive increase in sports betting on this year’s World Cup compared to the 2018 tournament.

Barclays analysts claim the tournament is expected to see $35 billion in wagers. That figure would be a 65% increase from four years ago.

The tournament’s nine draws to date have been favorable to sportsbooks since most bettors pick one team to win.

American soccer player Christian Pulisic scores volley past Iranian goal keeper in World Cup match up

USMNT Earns $13M For Advancing To World Cup Knockout Stage

With a 1-0 victory over Iran, USMNT finished second in Group B.
November 29, 2022

High Stakes for U.S.

While Europe is likely the bigger hub for World Cup bets, the U.S. is enjoying its first tournament since legal sports betting became widespread in the country.

  • During the 2018 World Cup — for which the U.S. did not qualify — sports betting was legal for around 10 million Americans.
  • It is currently legal for roughly 132 million

According to the American Gaming Association, 20.5 million Americans planned before the tournament to place a total of $1.8 billion in World Cup bets.

With the U.S. advancing to the knockout stage after its 1-0 victory over Iran on Tuesday, U.S. bettors will be able to bet on the national team for at least one more game.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oct 30, 2024; New York, New York, USA; New York Yankees pitcher Gerrit Cole (45) reacts after a play during the fifth inning against the Los Angeles Dodgers in game five of the 2024 MLB World Series at Yankee Stadium.

Gerrit Cole Reverses Opt Out, Stays With Yankees. What’s Next?

Discussions will now start on a potential contract extension to finish his career in New York.

New Era, New Chaos? New CFP Team Rankings Explained

The new College Football Playoff system’s complexities might confuse some college football fans.

Super Bowl Ads Sell Out Three Months Early, at Record Price

Ad units are believed to be selling at more than $7 million per 30 seconds.

Embiid’s Clash With Reporter Sparks NBA Probe, Concerns for Sixers

The former NBA Most Valuable Player angrily confronts and shoves a local columnist.
podcast thumbnail mobile
Front Office Sports Today

NFL Teams Face Crossroads at Season’s Halfway Point

0:00

Featured Today

Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.
Sep 28, 2024; Tuscaloosa, Alabama, USA; GOP Presidential candidate Donald Trump waves flanked by former Georgia Bulldogs player Herschel Walker, recording art Kid Rock, professional golfer John Daily, Alabama senators Tommy Tuberville (R) and Katie Britt (R) during the second half of the game between the Alabama Crimson Tide and the Georgia Bulldogs at Bryant-Denny Stadium.
November 1, 2024

Mission Swing State: College Football’s Political Advertising Battle

Trump, Harris, and the PACs that support them are utilizing the sport.
October 31, 2024

The Untapped Revenue ‘Powder Keg’ of Women’s NFL Fandom

There’s a “boatload” of money at stake for brands and the league.
Donald Trump holding a basketball in the White House
October 30, 2024

Mavericks Owner’s $100 Million Trump Donation Dwarfs All Other Sports Owner Political Giving

Dr. Miriam Adelson is one of the most powerful donors in U.S. politics.
Tony Hinchcliffe at Donald Trump rally.

Sports Betting Companies Holding Comic at Arm’s Length After Trump Rally

Hinchcliffe drew criticism over his comments at a rally for Trump.
October 29, 2024

Parent of Action Network, Playmaker HQ Cuts More Than 100 Jobs

Better Collective laid off dozens of employees this week.
November 1, 2024

Polymarket Is Pushing Into Sports Betting

Once the ballots are counted, Polymarket needs to take on sports.
Sponsored

World Series Delivers High-Demand Marquee Matchup

The hype around the World Series matchup drove ticket prices to record levels—but the Dodgers’ dominance quickly quieted the fervor.
Tony Hinchcliffe
October 28, 2024

DraftKings ‘Evaluating’ Relationship With Comedian Tony Hinchcliffe After Trump Rally

DraftKings says his jokes did not “reflect the views” of the company.
A DraftKings sign
October 7, 2024

A DraftKings Exec Left for Fanatics. Then the Bitter Legal Battle Began

Mike Hermalyn has been sidelined at Fanatics for nine months now.
A Jacksonville Jaguars logo
October 1, 2024

Imprisoned Ex-Jaguars Employee Sues FanDuel for $250 Million

Amit Patel stole tens of millions of dollars from the NFL team.
September 16, 2024

MLB Players Union Sues DraftKings, FanDuel

The union says the sites don’t have the rights to use player images.