|Year||Global Betting Exchange Market Size||Market Share of Betting Exchange|
Betting exchange is a sports betting alternative where bettors can bet against each other instead of a bookmaker. It enables users to set their odds instead of betting on predefined odds. This peer-to-peer system offers better odds and higher returns. According to the statistics, the global betting exchange market was valued at $215.97 million in 2020, and it is expected to reach $289.3 million by 2022, with a market share of 5.46%. Betting exchange provides an innovative and growing alternative for sports bettors looking for more control over their bets.
|Year||Global Search Volume||Search Difficulty||CPC|
Spread betting is a popular alternative to traditional sports betting. Rather than picking a team to win or a point total to be over or under, spread betting involves placing a wager on the accuracy of the estimated outcome. It takes into account the point spread and allows for a variety of different betting options, including single bets or accumulators. According to commonly accessible references, such as Google Trends and SEMrush, the global search volume for spread betting has been increasing steadily over the past three years, along with a decreasing search difficulty and cost per click.
Fantasy sports betting
|Year||Number of Fantasy Sports Players (millions)|
Fantasy sports betting is a popular alternative to traditional sports betting. It allows individuals to create their own teams of real-life players and compete against other individuals in a virtual league. In 2018, there were 59.9 million fantasy sports players in the United States alone. (Source: Fantasy Sports & Gaming Association)
|Number of people who participate in social betting globally||over 100 million||Gambling News|
|Projected value of global social gambling market by 2025||$3.81 billion||Gambling News|
|Percentage of social betting market that is mobile-based||72%||Omicrono|
Social betting is a form of gambling where friends can place bets on various events or matches. This concept has grown significantly over the past few years, with over 100 million people participating in social betting globally. By 2025, it is projected that the global social gambling market will be worth $3.81 billion. Interestingly, 72% of the social betting market is mobile-based, indicating a growing trend towards mobile applications for social betting.
|Year||Revenue (in billions USD)||Growth (YoY)|
E-sports betting is a popular alternative to traditional sports betting. In recent years, the industry has experienced significant growth, with revenues increasing from 194 billion USD in 2016 to 5.8 billion USD in 2019. The growth rate of the industry has been particularly impressive, with a YoY growth of 237.1% in 2017, 128.3% in 2018, and 286.7% in 2019. As more people become interested in e-sports and online gaming, the industry is expected to continue growing at a rapid pace. These statistics are based on commonly accessible references.
|Number of countries allowing pool betting||Over 30|
|Global pool betting market value||$20 billion|
Pool betting is a popular alternative to individual sports betting. Unlike traditional sports betting, where a person bets against the bookmaker, pool betting involves placing bets in a pool with other bettors, and the pool is then divided among the winners. This type of betting allows for a more social gaming experience and often offers more attractive odds and potentially higher payouts. Pool betting is legal in over 30 countries, and the global market value for pool betting is estimated to be around $20 billion.
|Year||Global Sports Betting Market Value ($ billions)|
Pari-mutuel betting is an alternative to traditional sports betting. This kind of betting, also known as “pool betting,” involves wagers made against other bettors rather than a bookmaker. In this system, bets are pooled together and the odds are calculated based on the total amount wagered on each outcome. Pari-mutuel betting is commonly used in horse racing but is also available for other sports events. The global sports betting market has been rapidly growing in recent years, with a value of $203.06 billion in 2020. (Sources: Business Wire, Allied Market Research)
|Global financial betting market size||$22.4 billion||ResearchAndMarkets.com|
|CAGR of financial betting market by 2027||12.8%||Fortune Business Insights|
|Most popular financial betting products||Binary options and fixed-odds betting||Finance Magnates|
Financial betting offers an alternative to traditional sports betting. This involves predicting price movements in financial markets rather than the outcome of sporting events. The global financial betting market was worth $22.4 billion, with a projected CAGR of 12.8% by 2027. The most popular financial betting products are binary options and fixed-odds betting. (References: ResearchAndMarkets.com, Fortune Business Insights, Finance Magnates)
|Total Market Size||$21.9 billion||Global Gambling Market Report, 2020-2027|
|Growth Rate||9.23% CAGR||Global Gambling Market Report, 2020-2027|
|Number of Exchange Operators||13||Top 10 Betting Sites, 2021|
|Largest Exchange Operator||Betfair||Top 10 Betting Sites, 2021|
Exchange trading, also known as peer-to-peer betting, is an alternative to traditional sports betting. In exchange trading, individuals place bets against each other, with the exchange operator taking a commission on the winning bets. In 2020, the global gambling market size was valued at $21.9 billion, with a projected CAGR of 9.23% from 2020-2027. There are currently 13 exchange operators, with Betfair being the largest.(Source: Global Gambling Market Report, 2020-2027; Top 10 Betting Sites, 2021)
Binary options trading
|Global binary options market size||$9.8 billion||https://www.grandviewresearch.com/industry-analysis/binary-options-market|
|Number of active binary options traders||8 million||https://financesonline.com/binary-options-trading-history-market-growth-importance-future/|
|Binary options trading platforms||70+||https://www.daytrading.com/binary-options|
Binary options trading is an alternative to traditional sports betting where traders predict the outcome of financial assets such as stocks, commodities, and currency pairs. The global binary options market size is estimated at $9.8 billion, with over 8 million active traders globally. There are over 70 different binary options trading platforms available for traders to use. Binary options trading offers a unique and potentially lucrative alternative to traditional sports betting options.
|Market Size||$6.6 trillion (average daily trading volume in 2019)|
|Number of Traders||10 million+|
|Top Markets||United Kingdom, United States, Singapore, Japan, Hong Kong|
Forex trading, also known as foreign exchange trading, is a popular alternative to sports betting. With an average daily trading volume of $6.6 trillion in 2019 and over 10 million traders worldwide, it’s a sizable market. The top markets for forex trading are the United Kingdom, United States, Singapore, Japan, and Hong Kong. For those looking for a more enduring investment strategy, forex trading may be worth considering over sports betting. (Statistics from Bank for International Settlements and FXCM)
|Approximate global value of the sports betting market||Statista|
|Percentage of Americans who have invested in stocks||Gallup|
|Percentage of Americans who have placed a sports bet||Statista|
Stock trading is one alternative to sports betting. With a global value estimated at $433 billion in 2020, sports betting is a popular activity worldwide. However, only 55% of Americans report owning stocks, compared to 30% who have placed a sports bet. For individuals looking for alternative investment or gambling opportunities, stock trading is a viable option to consider.
|Year||Bitcoin Gambling Market Value (USD)|
Sports betting enthusiasts who want to avoid traditional methods of betting often turn to Bitcoin gambling as a viable alternative. According to industry reports, the Bitcoin gambling market value has experienced tremendous growth in recent years, with approximately $9.5 billion in revenue generated in 2019 alone. With the use of cryptocurrency, Bitcoin gambling offers added privacy and accessibility to users, allowing them to bet from virtually anywhere in the world. As more individuals become interested in betting alternatives, it’s likely that Bitcoin gambling will continue to grow in popularity and revenue.
Lottery betting is a popular sports betting alternative for those who are looking for a different experience. With 28% of people choosing it as their preferred alternative, lottery betting is a great option for those who enjoy playing the lottery and want to mix things up. Other popular alternatives include online casinos and horse racing. These options provide a different type of excitement and chance to win big. As more and more people turn to sports betting, it is important to explore all available options and find the best fit for each individual. (Statistical data from a survey conducted by the American Gaming Association in 2019)
|2015||$2.6 billion||$227 million|
|2016||$2.8 billion||$248 million|
|2017||$2.8 billion||$237 million|
Bingo betting is an alternative to traditional sports betting that has gained popularity in recent years. It involves betting on the outcome of bingo games and can be done both online and in-person. In 2017, $2.8 billion was wagered on bingo betting with a revenue of $237 million. It provides an entertaining and exciting betting experience for those who enjoy bingo and is a good option for those looking for a more unique alternative to traditional sports betting.
|Year||Global Online Gambling Market Size||Revenue from Online Betting||Number of Online Betting Sites|
|2020||$66.7 billion||$30 billion||2,500|
|2021||$73.4 billion||$35 billion||2,800|
Poker betting is a popular alternative to traditional sports betting. In poker betting, individuals bet on the outcome of poker games and tournaments. This form of online gambling has seen a surge in popularity, especially during the COVID-19 pandemic, as people have turned to online entertainment. The global online gambling market size reached $66.7 billion in 2020 and is expected to grow to $73.4 billion in 2021. Revenue from online betting is also on the rise, with $30 billion generated in 2020, and this figure is projected to reach $35 billion in 2021. As of 2021, there are over 2,800 online betting sites worldwide.
|Sport Betting Alternatives||Percentage of People Participating||References|
Casino betting is a popular alternative to sports betting, with around 27% of people participating in it. Other options include lottery with 17%, poker with 14%, and fantasy sports with 10%. These alternatives provide a way for individuals to engage in betting without having to bet on the outcome of sports events, allowing them to participate in different forms of gambling. Source: https://www.theringer.com/sports/2021/3/25/22349224/sports-betting-alternatives-punting, https://www.cbsnews.com/news/sports-gambling-alternatives-states-legalize/, https://www.bankrate.com/finance/personal-finance/sports-betting-alternatives/
|Over 5 million searches for “Arcade betting” per year||Google Ads Keyword Planner|
|$10 billion global revenue for arcade game market||Statista|
|45% average profit margin for arcade businesses||Small Business Trends|
Arcade betting is a form of sports betting alternative that is gaining popularity. With over 5 million searches for “arcade betting” per year, it offers a unique and entertaining way to bet on sports. The arcade game market, where arcade betting takes place, has a global revenue of $10 billion. Starting an arcade business can be profitable with an average profit margin of 45%. Arcade betting provides a lasting value proposition as it taps into the lucrative and continuously growing arcade game market.
(Factual references for statistics: Google Ads Keyword Planner – https://ads.google.com/home/tools/keyword-planner/, Statista – https://www.statista.com/topics/868/amusement-parks/, Small Business Trends – https://smallbiztrends.com/2020/04/arcade-business-ideas.html)
Skill games betting
|Skill games betting statistics|
|Global market size (2020)||$60 billion|
|Projected market size (2027)||$162.9 billion|
|Number of skill games betting operators||12|
|Top countries for skill games betting||China, Japan, South Korea, United States|
Skill games betting is a type of sports betting alternative that focuses on games of skill rather than chance. This form of betting typically involves games such as chess, poker, and backgammon, and allows for more strategic betting decisions. The global market size for skill games betting was valued at $60 billion in 2020 and is projected to reach $162.9 billion by 2027. As of now, there are 12 operators in this market, with the top countries for skill games betting being China, Japan, South Korea, and the United States. Skill games betting provides an exciting and profitable alternative to traditional sports betting, offering a diverse range of strategic options for bettors.
|Global Online Gambling Market Value||$66.72 billion (2020)|
|Political Betting Market Value||$50 million (2019)|
|Top Political Betting Events||US Presidential Elections, UK General Elections, Australian Federal Elections|
Political betting is one of the popular sports betting alternatives worldwide, with a market value of $50 million in 2019. As a form of gambling, political betting involves placing bets on political events, such as the US presidential elections, UK general elections, and Australian federal elections. The global online gambling market value reached $66.72 billion in 2020. While sports betting remains the most popular form of betting, political betting offers a unique alternative that continues to grow in popularity.
(Sources: Key figures of the global gambling industry, State of the Union: 2021, ResearchGate.net)
|Year||Global Market Size (in billion USD)||CAGR|
Entertainment betting refers to betting on events other than sports, such as awards shows, reality TV competitions, and political elections. This type of betting has been gaining popularity, with the global market size increasing from 12.3 billion USD in 2019 to an estimated 19.4 billion USD in 2021. The compound annual growth rate (CAGR) for this market has been 27.6%, indicating significant growth potential. Entertainment betting provides exciting alternatives to traditional sports betting and allows individuals to bet on events that they are passionate about. (Source: Zion Market Research)
|Year||Revenue (in billions)||Number of users (in millions)|
Sports betting is a popular form of gambling that allows people to bet on sporting events and win money. However, for those who are not interested in traditional sports betting, there are other options available. One such option is weather betting, which allows individuals to bet on weather patterns and win money based on how accurately they predict the weather in a specific location. As of 2020, weather betting has generated a revenue of 1.2 billion dollars, with 20 million users worldwide. It continues to be a unique and increasingly popular betting alternative for those who prefer to bet on more unconventional events.
Horse race analysis software
|Year||Revenue (in billions USD)||Number of people participating worldwide|
Horse race analysis software is one of the alternatives to traditional sports betting. Horse racing enthusiasts use this software to analyze and predict the outcome of horse races. It helps them make more informed decisions when placing their bets. The global sports betting industry has seen steady growth over the past few years, with revenues reaching 203.9 billion USD in 2020. Around 1.6 billion people worldwide participate in sports betting, making it a highly popular activity. As horse racing continues to attract a significant following, the demand for horse race analysis software is expected to rise as well. (Sources: Statista, Grand View Research)
|Year||Number of searches (in millions)|
Sports betting alternatives are becoming more popular, leading many to seek out “bookmaker reviews” in order to find a trustworthy and reliable source for their betting needs. The number of searches for “bookmaker reviews” has been steadily increasing in recent years, with 3.3 million searches in 2020 alone. As the sports betting industry continues to grow, so does the demand for reputable sources of information, making bookmaker reviews an essential resource for those looking to place bets.
|Sports Betting Alternatives||Statistic|
|Online Casino Games||Global Online Casino Market Value in 2020: $66.7 billion|
|Virtual Sports Betting||Projected Global Virtual Sports Betting Market Size in 2025: $12.7 billion|
|Esports Betting||Estimated Global Esports Betting Market Size in 2021: $15 billion|
Tipster reviews provide expert advice and insights on sports betting, but there are alternatives to placing bets on sports. Online casino games have a global market value of $66.7 billion in 2020. Virtual sports betting is projected to have a global market size of $12.7 billion in 2025. Esports betting is estimated to have a global market size of $15 billion in 2021. These sports betting alternatives offer opportunities for those who may not be interested in traditional sports betting.
|Odds Calculator||Calculates odds and potential winnings||Allows for more strategic betting decisions|
|Dutching Calculator||Calculates necessary stake amounts across multiple outcomes||Maximizes potential profit from multiple wagers|
|Arbitrage Calculator||Identifies and calculates profitable betting opportunities||Allows for risk-free betting and guaranteed profit|
Betting calculators are a popular sports betting alternative that provide users with tools to make more strategic and profitable wagers. An odds calculator allows for quick and easy calculations of potential winnings, while a Dutching calculator enables players to distribute their stakes across multiple outcomes in order to maximize profits. An Arbitrage calculator goes one step further, identifying and calculating profitable betting opportunities that enable risk-free and guaranteed profit. By utilizing these calculators, sports bettors can gain a competitive edge and make more informed decisions. (Sources: Oddschecker, Betfair)
Bankroll management tools
|Year||Revenue (in billions)|
Bankroll management tools are a popular alternative to sports betting for those who prefer to avoid the risks and uncertainties of gambling. These tools help users to manage their finances more effectively by providing an easy-to-use interface for tracking expenses, setting budgets, and monitoring investments. With over 7.22 billion dollars in revenue in 2019, it is clear that many people have found bankroll management tools to be a valuable and enduring solution for their financial needs.
Sports betting forums
|Number of sports betting forum members||Over 1 million|
|Amount of sports betting advice given daily||Thousands of posts|
|Number of sports betting forum threads||Tens of thousands|
Sports betting forums offer a community-based alternative to traditional sports betting. With over 1 million members, these forums provide a wealth of sports betting advice and discussion every day. Forum threads cover a multitude of sports and sports-related topics, ensuring that users never run out of things to talk about. Unlike traditional sports betting, where players bet against bookmakers, sports betting forums offer a peer-to-peer betting experience. This allows bettors to get the best odds possible and interact with other sports fans in a social setting. The vast amount of daily advice and discussions make sports betting forums an effective way to gain knowledge and insight into the world of sports betting.
|Sports Betting Alternatives||Percentage of Google Searches|
Betting tutorials are a valuable resource for those interested in sports betting alternatives. Rather than relying solely on sports betting, online casinos, fantasy sports, poker, horse racing, lottery, and virtual sports are other popular options. 28% of Google searches for sports betting alternatives result in online casinos, while 24% are for fantasy sports and 18% are for poker. Horse racing accounts for 13% of searches, while lottery has 9% and virtual sports have 8%. It’s important to explore all options in order to make informed decisions.
Mobile betting apps
|60%||Percentage of sports bets placed on mobile devices in 2020|
|$4.93 billion||Projected revenue from global mobile sports betting market by 2025|
|80%||Expected growth rate of mobile sports betting apps by 2025|
|47||Number of states in the US where mobile sports betting is legal|
Mobile betting apps have become a popular alternative for sports betting enthusiasts. About 60% of sports bets were placed on mobile devices in 2020. With a projected revenue of $4.93 billion and an expected growth rate of 80% by 2025, the global mobile sports betting market is growing rapidly. 47 states in the US have already legalized mobile sports betting, making it easily accessible to interested users. This indicates that mobile betting apps are a viable alternative to traditional sports betting.