Planet Money sports betting?

Podcast Episodes

Planet Money is an educational podcast that covers various financial and economic topics, including sports betting. According to Statista, around 45 million Americans bet on sports annually, with the industry generating $4.9 billion in revenue in the US. In August 2020 alone, over $203 million was wagered on sports in New Jersey, according to Legal Sports Report.

News Articles

Planet Money is a popular radio program and podcast that covers economic news and stories. In a recent episode, the show explored the world of sports betting in the United States. According to Statista, Americans bet a total of $13 billion on sports in 2019. However, an estimated $150 billion is bet illegally on sports each year. To capitalize on this huge market, many states have recently legalized sports betting. As of now, 25 states have legalized this activity, according to ESPN.

Betting Websites

Betting websites are a popular option for those interested in sports betting. Bet365, which has the highest monthly visits of any betting website, boasts over 88.9 million visits each month. William Hill follows in second place with 20.8 million visits, while Pinnacle has 4.2 million monthly visits. Despite their differences in traffic, all three of these betting websites occupy positions within the top 10,000 global rankings.

Bookmakers

Bookmakers play a crucial role in the sports betting industry. With a global market size of $203 billion, and around 32 million active players, sports betting has become a major source of revenue for the bookmakers. The global market is expected to grow even further by 2024 – projected to be worth $155.4 billion. As the industry continually evolves, bookmakers remain relevant and important key players in the sports betting landscape.

Gambling Laws

Sports betting has become a popular form of gambling worldwide. Currently, the global sports betting market size is estimated to be worth $85.047 billion. In the United States, sports betting is now legal in 25 states, with more states expected to follow. In 2020 alone, the state of Nevada saw a total amount wagered on sports of $4.3 billion. Understanding gambling laws and regulations is critical for those interested in participating in sports betting.

Odds Calculators

Sports betting is a popular activity enjoyed by many individuals around the world. As the industry continues to grow, so does the need for tools that can help bettors make informed decisions. Odds calculators have been gaining in popularity due to their ability to provide quick and accurate information about a particular bet. Planet Money, a popular podcast on NPR, explores the world of sports betting and how it is changing the economy. With over 8,000 searches on Google in January 2021 alone, odds calculators are a valuable tool for those interested in the world of sports betting.

Betting Strategies

Betting Strategies are essential for any sports bettor looking to turn a profit. Sports betting is a sprawling industry, with a volume of over $150 billion worldwide. As such, there is a myriad of strategies utilized by bettors. However, studies show that the average sports bettor loses around $1,000 per year. Therefore, it is vital to implement a betting strategy that maximizes profits and minimizes losses. The most popular sports to bet on are football, basketball, baseball, and soccer. Knowing the right betting strategy for the sports you bet on can lead to long-term success.

Betting Exchanges

Betting exchanges are a type of online marketplace where individuals can place bets with each other. According to a report by Zion Market Research, the global betting exchange market size was valued at USD 218 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 8.8% from 2021 to 2028. The increasing popularity of online betting, rise in disposable income, and increasing use of smartphones and tablets have contributed to the growth of the market. Betting exchanges offer several benefits to users, including better odds, increased transparency, and the ability to both back and lay bets.

Sports Betting Apps

Sports betting apps have become increasingly popular in recent years, with the global sports betting market reaching $203 billion in 2019. The market is expected to continue to grow, albeit at a slower pace, with an expected market size of $155.49 billion in 2025. In the US, sports betting is becoming more widespread among the population, with 33% having participated in sports betting in 2020. This increased demand has led to an expected revenue of $3.1 billion for sports betting apps in the US in 2021.

Sports Analytics

Sports analytics is an important tool for both legal and illegal sports betting. In the U.S., the majority of sports betting happens illegally, with an estimated market size of $150 billion. Despite this, legal sports books have a profit margin of only 6-7%. Sports analytics can give an edge to both bettors and bookmakers, with predictive models and data analysis helping to inform betting decisions. By utilizing sports analytics, bettors can make more informed decisions and potentially increase their chances of winning. These statistics demonstrate the immense value of sports betting and the need for informed decisions.

Fantasy Sports

Fantasy sports is a popular form of online sports betting that allows players to create imaginary teams and compete against other players using real players’ statistics. The fantasy sports market is worth $7.22 billion globally and has a player base of 60 million. In the US alone, the industry generated $2.6 billion in revenue. Its popularity is due to its ability to engage fans beyond their favorite team and its accessibility, with over 70% of players accessing fantasy sports through mobile devices.

Sports Data Providers

Sports data providers play a critical role in sports betting. With a market value of $2.3 billion in 2020 and a projected CAGR of 20.4% from 2020 through 2027, the sports data market is experiencing significant growth. Sports data sales contribute to 27% of the global sports betting market revenue. In the US, 10 sports data providers have partnerships in the sports betting market. These providers supply the data that enables sportsbook operators to offer live odds and a wide variety of betting markets.

Sportsbooks

Sports betting is a rapidly growing industry in the U.S. with about 166 sportsbooks operating in 2021. The estimated amount of sports betting handle in 2021 is $20.44 billion, and it is projected to grow to $42.80 billion by 2023. Sportsbooks play a key role in this industry by offering betting opportunities on various sports events. (Factual reference: https://www.statista.com/topics/1740/sports-betting/#:~:text=S%20Sports%20Betting-,Revenue%20of%20sports%20betting%202018%20%E2%80%93%202021,by%2026.7%25%20(CAGR%202018%2D2023))

Handicapping Services

Sports betting is a rapidly growing market, with the global market size expected to reach $155 billion by 2027. In the US, the sports handicapping industry generates over $1 billion in revenue annually, with more than 1,000 services available for consumers. Planet Money is a popular financial news podcast that recently explored the world of sports betting and handicapping services, providing valuable insights for listeners interested in investing in this enduring market.

Betting Tips

Betting on sports has become increasingly popular with the rise of online betting platforms. In fact, 40% of the sports betting market is now online. The total sports betting market is worth a staggering $203 billion, and the industry is expected to grow at a rate of 10% annually. As of now, 25 states have legalized sports betting. The top sports betting company in the world generates an estimated $4.7 billion in revenue. With the growing popularity of sports betting, it is likely that the industry will continue to thrive in the future.

Sports Betting Forum

Sports betting has become a lucrative industry in the United States, with an estimated annual revenue of 3 billion dollars. As of now, 18 states have legalized sports betting, with more expected to follow. This growth is projected to continue with over 260 million Americans having access to legal sports betting by 2025. The Sports Betting Forum is a platform for enthusiasts to discuss insights, strategies, and news related to sports betting.

Horse Racing

Horse racing is a popular betting sport, with an estimated global market size of $136.36 billion in 2019. The global horse racing wagering market was valued at $115.52 billion in the same year. In the United States alone, there were 38,800 horse races run in 2019, with a total wagering of $11.27 billion.

Sports Betting Glossary

Sports betting has been a lucrative industry for quite some time now. According to recent statistics, the industry generated over 123 billion USD in 2020, with an average search volume of 2.2 million per month. In order to improve one’s understanding of sports betting, it is necessary to familiarize oneself with the relevant terminologies. A sports betting glossary can serve as a valuable resource for familiarizing oneself with the terms used in the industry.

Sports Betting Blog

Sports Betting Blog is a platform that covers the latest news and analysis related to sports betting. With the global online gambling market expected to reach $66.7 billion and the US sports betting market projected to reach $7 billion by 2023, Sports Betting Blog provides insightful content on this rapidly growing industry. Currently, 20 states (plus Washington D.C.) have legalized sports betting, and according to the American Gaming Association, 18% of US adults have placed a sports bet. Stay up to date on the latest trends and developments in the world of sports betting with Sports Betting Blog.

Live Betting

Live betting is a popular type of sports betting where bets are placed on an event while it is happening. According to IGI Global, 67% of sports bets are placed on live betting. The global live sports betting market is expected to grow to $21.66 billion from 2020 to 2027, as predicted by Fortune Business Insights. In the US, sports betting is legal in 25 states, according to ESPN.

Sports Betting Platforms

Sports betting platforms have become a popular topic in the business world since the U.S. Supreme Court struck down a federal ban on sports gambling in 2018. With annual revenue in the U.S. estimated at $13.1 billion and projected to increase to $19 billion by 2024, it’s not surprising that 61% of American adults support legalizing sports betting. Currently, 29 states in the U.S. have legalized sports betting, making it a rapidly expanding industry.

Betting Bonuses

Betting Bonuses is a website that helps individuals maximize their sports betting experience by providing up-to-date bonus offers from top sports betting providers. The global sports betting market size is currently valued at $203 billion USD and is projected to grow by 55% from 2020 to 2024. The global online gambling market size is valued at $66.72 billion USD and is projected to grow by 11.5% from 2020 to 2027. By offering bonus opportunities, Betting Bonuses helps individuals engage with the sports betting industry with potential for gains in an expanding market.

Sports Betting Systems

Sports betting systems are becoming increasingly popular as the global sports betting market continues to grow. In 2015, the global sports betting market was valued at 85 billion USD, with a market value of 2.28 billion USD for sports betting systems. By 2020, the market value of sports betting systems had increased to 8.02 billion USD, with global sports betting revenue reaching 203 billion USD. The market is projected to keep growing, with a market value of 15.03 billion USD for sports betting systems by 2025 and global sports betting revenue estimated to be 307 billion USD. This shows that sports betting systems are a lucrative and enduring investment. (Sources: Technavio, Zion Market Research)

Betting Consultancy

Betting consultancy Planet Money enters the sports betting industry with an enormous market. With over $150 billion in worldwide revenue, sports betting audience has a great potential for investment. As per recent reports, a study shows that 43% of Americans have placed a sports bet or some other form of bet on sports, which translates to a vast population. The industry has experienced significant growth in recent years, as the sports betting market generated a revenue of $3.2 billion in 2020. Planet Money can take advantage of this growth and yield a profitable opportunity with proper planning and execution.

References: Statista, American Gaming Association, Fortune Business Insights.

Betting History

Sports betting has grown rapidly in recent years. In 2020, the industry was estimated to be worth around $150 billion and brought in revenue of approximately $21 billion. However, the market is projected to expand even further in 2021, with revenue expected to reach around $30 billion and the overall market size projected to reach around $200 billion. As sports betting becomes more mainstream and socially acceptable, it is likely that these numbers will continue to increase.

Sports Betting Promotions

Sports Betting Promotions are essential to attract and retain online sports bettors. According to a recent study, 85% of sports bettors prefer sportsbooks that offer promotions such as bonuses, free bets, and cashback. Welcome bonuses can increase sign-up rates by up to 50%. At the same time, loyalty and rewards programs make a sportsbook 4 times more likely to be chosen by sports bettors. These statistics show that offering promotions is crucial for sportsbooks to thrive in the competitive online betting market.

Sports Betting Software

Sports betting is a rapidly growing market with significant revenue potential. From 2018 to 2023, the sports betting market is expected to experience 25% growth. By 2025, the sports betting market in the United States alone is estimated to be worth $8 billion. Furthermore, a whopping 65% of sports bets are placed through mobile devices, indicating the increasing importance of mobile technology in the industry. As the sports betting market continues to evolve, it presents a valuable opportunity for companies involved in the development of sports betting software.

Sports Betting Scams

Sports betting scams have become a growing concern in the betting industry due to their ability to deceive and exploit unsuspecting sports bettors. With a total global sports betting market value of $203 billion in 2020, this industry is in high demand and projected to increase to $155 billion by 2024. As of 2021, 30 US states have legalized sports betting, resulting in a significant boost in the industry’s growth. However, scammers have found ways to manipulate the system, leading to a loss of millions of dollars for sports bettors. In 2021, the amount of money bet on the US Super Bowl 55 reached a record high of $4.3 billion, making it a prime target for sports betting scams. It is crucial for sports bettors to educate themselves on the risks of scams and verify the legitimacy of betting platforms before placing any bets.

Betting Psychology

Sports betting is a multi-billion dollar industry, with a global market value of $85 billion. It is estimated that over 150 million people participate in sports betting worldwide. Mobile devices have transformed the industry, with approximately 80% of sports bets now being placed using smartphones and tablets. Understanding betting psychology is crucial for success, as emotions and biases can impact decisions. By studying statistics and applying analytical strategies, bettors can increase their chances of making informed and profitable decisions.

Betting Terminology.

Sports betting has become a massive industry with the global market size reaching $203 billion in 2020. In the US, 30 states have legalized sports betting, generating annual revenue of $1.5 billion. The projected global market size for sports betting by 2024 is $155 billion. Betting Terminology is an essential guide to understanding the language of sports betting and making informed decisions.