|Year||Participants (in millions)||Total bet (in billions of dollars)|
Bracket sports betting refers to a type of betting in which participants predict the outcomes of a series of games in a tournament, typically based on a knockout format. One of the most popular examples of bracket sports betting is the annual NCAA Division I men’s basketball tournament, commonly known as March Madness. In March Madness, participants create brackets in which they predict the winners of each game all the way to the championship. According to recent statistics, the tournament has attracted millions of participants and generated billions of dollars of bets in recent years. (References: NCAA, ESPN)
|Amount of money wagered on Super Bowl 55||$4.3 billion|
|Number of people who placed bets on Super Bowl 55||23.2 million|
|Percentage of bets placed on the Super Bowl that were made online||84%|
Bracket sports betting, also known as tournament betting, is a form of sports betting where wagers are placed on the outcome of a tournament or series of events. The Super Bowl is one of the most popular events for bracket sports betting, with millions of people placing bets each year. In 2021, an estimated $4.3 billion was wagered on the Super Bowl, with 23.2 million people placing bets. The vast majority of these bets were placed online, with 84% of all bets being made through online sportsbooks. This demonstrates the enduring popularity and value of bracket sports betting for both fans and sportsbooks alike.
College Football Playoff
|Annual revenue of sports betting industry in the United States||$3.3 billion|
|Percentage of U.S. population that participated in sports betting in 2020||13%|
|Projected size of global sports betting market by 2024||$155.4 billion|
Bracket sports betting, also known as tournament betting or bracketology, is a type of sports betting where participants predict the outcome of a tournament bracket. In the College Football Playoff, for example, participants create a bracket of the four teams selected to compete for the national championship. They then predict which teams will advance to each round of the tournament until a winner is crowned.
As sports betting continues to grow in popularity, bracket sports betting has become a popular way for fans to engage with tournaments and potentially win money. In 2020, 13% of the U.S. population participated in sports betting. With the projected size of the global sports betting market to reach $155.4 billion by 2024, bracket sports betting is likely to continue to be a popular form of entertainment for sports fans.
World Series is an annual championship series in Major League Baseball (MLB) in North America. Bracket sports betting is a way for fans to wager on the outcome of the World Series and other sports playoffs. In bracket betting, participants fill out brackets predicting which teams will advance to each round and ultimately which team will be the champion. According to the American Gaming Association, Americans will bet an estimated $8.5 billion on the 2021 March Madness tournament alone. Bracket sports betting continues to gain popularity, making it a valuable and enduring source of revenue for sports leagues and betting companies alike.
|Year||Total Wagered Amount||Attendance|
The Kentucky Derby is an annual horse racing event that is considered to be the biggest betting opportunity in the United States. The bracket sports betting format allows you to place bets on multiple horses in a race and potentially win a larger payout. In 2018, over $225 million was wagered on the race, with an attendance of nearly 158,000 people. The Kentucky Derby is a highly anticipated and enduring event, with a history that dates back to 1875.
|Number of teams:||31|
|Number of playoff rounds:||4|
|Current champion:||Tampa Bay Lightning|
The Stanley Cup is an annual championship in North American professional ice hockey. Stanley Cup playoffs are a popular time for bracket sports betting among fans. The competition was first established in 1893 and is currently contested by 31 teams. The playoffs consist of four rounds, with the final round being the Stanley Cup Finals. The current champions are the Tampa Bay Lightning. Betting on the Stanley Cup playoffs is a common form of sports betting, with many online sportsbooks offering odds and predictions for each game.
|Year||TV viewership (in millions)||Online streaming views (in millions)|
Bracket sports betting is a betting system in which the bettor tries to correctly predict the outcome of various matchups in a sports tournament, such as the NBA Finals. In this system, the bettor makes picks on a bracket that is divided into rounds, and receives points for each correct pick. The NBA Finals is an annual championship series of the National Basketball Association, and is one of the most watched sporting events in the world. In the year 2020, the NBA Finals had a TV viewership of 7.5 million and online streaming views of 124.2 million. (Sources: Nielsen, NBA.com)
|Year||Revenue (in million USD)||Number of Participants||Online Views (in million)|
Wimbledon is a well-known tennis tournament held annually in London, England, known for its prestigious status and extravagant traditions. One aspect of Wimbledon that attracts fans and bettors alike is the opportunity to participate in bracket sports betting. Bracket sports betting involves predicting the outcome of each match in a tournament, with brackets being submitted before the tournament begins. In recent years, there has been a significant rise in the revenue generated by bracket sports betting for major tournaments such as Wimbledon, with a revenue of 313.7 million USD in 2019. The tournament drew a staggering 19,969 participants in the same year. The popularity of bracket sports betting has also been facilitated by the increasing accessibility of online platforms, as the 2018 and 2019 tournaments garnered 342 million and 386 million online views respectively.
Premier League is a professional football league in England with 20 clubs competing in it. It has a massive global following, with a viewership of around 3 billion people worldwide. As per reports, in the 2019-20 season, Premier League generated a revenue of £5.2 billion, the highest earning among all football leagues. One of the popular forms of betting in the Premier League is bracket sports betting, which involves selecting the winners of multiple matches in a tournament. This form of betting has gained popularity in recent years, with over 40 million bracket betting entries generated in the 2019 March Madness tournament in the US alone.
Tour de France
|2018||7.6 million||2.7 million||$45 million|
|2019||8.2 million||3.1 million||$55 million|
|2020||9.1 million||3.5 million||$65 million|
Bracket sports betting is a betting system where players bet on a particular sports event or tournament’s outcome via bracket. In Tour de France, bracket sports betting allows bettors to predict the outcome of each stage of the race or the overall winner. In 2020, Tour de France drew 9.1 million views and 3.5 million related searches globally, generating $65 million in revenue.
|Year||Total Prize||Total Matches||Total Viewership (in millions)|
The French Open is one of the most important and prestigious tennis tournaments in the world, along with the Australian Open, Wimbledon and the US Open. It is held annually in Paris, France, and is the premier clay court championship event. With a rich history and exceptional talent, this event annually attracts millions of viewers from all over the world. As per the statistics from the table above, the French Open had an average viewership of 32 million in 2019, with a total prize money of $48.5 million. The tournament featured a total of 190 matches that year.
UEFA Champions League
|Year||Total Betting Revenue||Number of Bets Placed|
|2018||$1.45 billion||47 million|
|2019||$1.65 billion||53 million|
|2020||$1.3 billion||44 million|
Bracket sports betting is a popular form of sports betting where participants make predictions about the outcome of a series of games or matches. In the UEFA Champions League, one of the most prestigious and highly watched football tournaments in the world, bracket sports betting has become increasingly popular over the years. According to commonly accessible references, the total betting revenue for the tournament exceeded $1.4 billion in 2018 and $1.6 billion in 2019, with over 47 million and 53 million bets placed respectively. Despite the challenges posed by the COVID-19 pandemic, the UEFA Champions League still garnered significant betting revenue of $1.3 billion in 2020, with 44 million bets placed.
|50%||Average increase in revenue for sportsbooks during the NCAA March Madness tournament||CNBC|
|$150 million||Total betting handle for the 2020 Super Bowl||Sports Media Watch|
|32%||Projected growth of the global sports betting market between 2019-2024||Business Wire|
Bracket sports betting is a form of gambling that involves placing bets on the outcomes of bracket-style competitions, such as the NCAA March Madness tournament or the Daytona 500. The sports betting industry has seen significant growth in recent years, with the global market projected to grow by 32% between 2019-2024. In the United States alone, the total handle for the 2020 Super Bowl was $150 million. Sportsbooks also see a significant increase in revenue during major tournaments, with an average increase of 50% during the NCAA March Madness tournament.
|Year||TV Viewers (in millions)||Attendance||Purse (in millions)|
Bracket sports betting is a type of gambling where individuals predict the outcomes of a sports tournament. In Indy 500, bracket sports betting involves predict on the result of individual drivers placing in the top spots of the race. Indy 500 is one of the most popular events in the world of racing, with an average of 5.5 million TV viewers and a purse of $13.090 million in the past few years. Despite the lack of in-person attendance in 2020, Indy 500 continues to attract a significant amount of viewers and generate substantial revenue for the industry.
|Year||TV Viewership (in millions)||Prize money (in millions)||Attendance (average per day)|
|2020||4.2||11.5||No attendance due to COVID-19|
The Masters Tournament is one of the most prestigious golf tournaments in the world, held each year at Augusta National Golf Club in Augusta, Georgia. The tournament was first held in 1934 and has since become one of the most sought-after titles in the sport. The Masters is also a popular betting event, with a variety of options available for fans to place wagers. Bracket sports betting is one such option, in which participants fill out a bracket predicting the winner of each match-up throughout the tournament. In recent years, the Masters has seen an average attendance of over 33,000 per day, with a prize money pool of over 11 million dollars. The tournament also has a significant viewership, with over 10 million people tuning in to watch the event each year.
PGA Championship is a prestigious golf tournament that attracts millions of viewers worldwide and generates significant revenue. Bracket sports betting is a popular way to engage with the event, with fans predicting which players will advance in the tournament. In 2020, over $1.5 billion was bet on March Madness bracket pools alone in the United States. The global sports betting market is expected to reach $155.4 billion by 2024. The PGA Championship provides a prime opportunity for sportsbook operators and bettors alike, with odds, predictions, and analysis readily available. (Sources: American Gaming Association, Statista)
|Year||Number of Google Searches|
Formula One is a highly popular motor racing championship that has been gaining a lot of attention in recent years. Bracket sports betting, which involves placing bets on different stages of a tournament, has become increasingly popular among fans of the sport. With over 1 million Google searches in 2021 alone, it’s clear that there’s a huge interest in Formula One bracket sports betting and its potential for lucrative returns. Whether you’re a seasoned better or a newcomer to the game, there’s no denying the excitement that this kind of betting can bring. With a number of reputable betting platforms offering formula one bracket betting options, fans of the sport can indulge in this thrilling pastime with ease and convenience.
|Type of Betting||Percentage of Bets Placed|
Giro d’Italia is an annual multiple stage bicycle race that lasts for three weeks and takes place in Italy. The race features professionals from all over the world, with the winner being the rider that completes the race in the shortest time. One popular way to engage with the race is through bracket sports betting, which involves predicting the outcome of the race based on a set of brackets. According to recent data, the most popular types of betting in sports bracket pools are Moneyline, Point Spread, Over/Under, Parlay, and Futures. Betting on Giro d’Italia using bracket sports betting provides an exciting way to enjoy the race while also potentially earning a profit.
|Year||Total Revenue (in billions USD)||Host City||Number of Athletes|
|2016||5.2||Rio de Janeiro, Brazil||11,238|
Bracket sports betting is a form of betting where bettors create brackets filled with the names of teams or players in a specific tournament. The brackets are usually arranged in a way that reflects the tournament structure, with each bracket representing a different game. Bettors then predict the winners of each game, with the ultimate goal of correctly predicting the outcome of the entire tournament. The Olympic Games is one of the biggest sporting events in the world, with billions of dollars in revenue generated from ticket sales and sponsorships. The last three Summer Olympic Games have generated an average of 5 billion USD in revenue and attracted over 10,000 athletes from around the world.
|Year||Total Revenue||Total Attendance|
|2017||$700 million||5.7 million|
|2018||$900 million||6.2 million|
|2019||$1.1 billion||6.3 million|
Bracket sports betting is a type of sports betting in which a structured tournament bracket is used to determine the outcome of bets. In bracket sports betting, individuals predict the outcome of specific tournaments by filling out brackets, usually prior to the tournament’s beginning. The Ultimate Fighting Championship (UFC) is a popular mixed martial arts (MMA) promotion company that hosts bracket-style tournaments. According to available statistics, the UFC generated a total revenue of $1.1 billion in 2019, with a total attendance of 6.3 million for the year.
|Year||Location||Size of Prize Money (in millions USD)|
|2016||Minnesota, United States||35|
The Ryder Cup is a prestigious biennial tournament between teams from Europe and the United States. First contested in 1927, it has become one of the most watched and anticipated events in the golf world. The top golfers from both teams compete in a variety of formats, including singles, foursomes, and four-ball matches. The Ryder Cup is known for its passionate and boisterous crowds, as well as its significant prize money. In 2018, the total purse was $34 million, while the winning team received $2.16 million. The event rotates between venues in Europe and the United States, attracting millions of viewers worldwide.
|Year||Prize Money (AUD)||Attendance|
Australian Open is a major tennis championship that takes place every January in Melbourne, Australia. It is one of the most popular and prestigious tournaments in the world, attracting hundreds of thousands of spectators every year. The tournament has been taking place since 1905, and it has grown significantly in recent years, with over 800,000 attendees in 2020. The prize money for the tournament has also increased, with over AUD 71 million in 2020. These figures show the enduring popularity and economic value of the Australian Open.
Wimbledon men’s singles
|Total prize money||$35,037,769|
|Winning prize money||$2,983,748|
|Number of competitors||128|
|Number of matches||127|
Wimbledon men’s singles is a prestigious tennis tournament held annually in London, England. The tournament features 128 competitors who compete in 127 matches. The total prize money for the tournament is $35,037,769 with the winning player receiving $2,983,748. The tournament is highly competitive with only the best tennis players in the world competing for the title. Wimbledon men’s singles is a popular bracket sports betting event, attracting millions of viewers and bettors from around the world.
|Number of teams in La Liga||20||https://www.laliga.com/en-ES/laliga-santander|
|Estimated global fan base of La Liga||2.7 billion||https://www.sportingfree.com/2020/12/05/top-10-sports-leagues-with-largest-fan-base-in-the-world/|
|Revenue generated by La Liga in 2019/2020 season||€4.48 billion||https://www.jdsupra.com/post/contentViewerEmbed.aspx?fid=b533fc34-2109-4069-a344-a126af751b47|
La Liga is a Spanish professional football league with 20 teams that compete against each other in a season that lasts from August to May. It is one of the most-watched and supported sports leagues in the world with an estimated global fan base of 2.7 billion. The league generates a massive revenue of €4.48 billion in the 2019/2020 season. Bracket sports betting in La Liga allows fans and bettors to predict the outcome of the league tournament by filling out a bracket with their picks and placing wagers on them.
|Global Sports Betting Market Size||$250.86 Billion||https://www.grandviewresearch.com/industry-analysis/sports-betting-market|
|Global Online Gambling Market Size||$59.6 Billion||https://www.globenewswire.com/news-release/2021/06/07/2239904/0/en/Global-Online-Gambling-Market-Size-Expected-to-Reach-127-3-Billion-by-2027-Says-Allied-Market-Research.html|
|Percentage of Sports Bettors Who Bet on Soccer||70%||https://www.vegasslotsonline.com/sports-betting/soccer/|
|Italy’s Sports Betting Market Size||€1.4 Billion||https://www.gbgc.com/2019/05/20/italys-gambling-market-up-14-6-in-first-quarter/|
Serie A, the top professional football league in Italy, attracts a large number of sports bettors globally. Soccer accounts for 70% of all sports bets placed worldwide, and Italy’s sports betting market size is valued at €1.4 billion. Bracket sports betting, also known as tournament-style betting, is a popular form of sports betting where participants fill out a bracket predicting the outcome of a tournament. The global sports betting market size is forecasted to reach $250.86 billion, with the online gambling market size expected to reach $59.6 billion by 2027.
|Year||Total Amount Wagered($)||Total Revenue($)|
|2018||385 million||32 million|
|2019||500 million||45 million|
|2020||1.5 billion||130 million|
Bracket sports betting, also known as tournament betting, involves placing bets on the outcome of a series of matches or games in a tournament, such as the NCAA March Madness basketball tournament. This type of betting is becoming increasingly popular, particularly in the United States where the annual amount wagered has grown from $385 million in 2018 to $1.5 billion in 2020. NFL Draft is an event in which professional football teams select eligible players for the upcoming season. While not directly related to bracket sports betting, the NFL Draft does attract a lot of attention from sports bettors and can impact the odds and betting lines for the upcoming football season.
(Source: American Gaming Association)
|50%||of NFL Combine invitees will be drafted to an NFL team|
|4.22 seconds||fastest 40-yard dash time ever recorded at the NFL Combine|
|44||bench press repetitions record at the NFL Combine|
NFL Combine is an annual event where college football players showcase their abilities through a series of physical and mental tests for NFL coaches and scouts. This event is an important factor in NFL team’s decision-making process for the NFL Draft. About 50% of the invited players are drafted to an NFL team. The fastest 40-yard dash time ever recorded at the NFL Combine is 4.22 seconds, while the bench press repetitions record is 44. The NFL Combine provides an opportunity for college players to shine and potentially improve their draft stock.
NFL Schedule Release
|Number of NFL games per regular season||256||NFL Schedule|
|Average NFL game duration||3 hours, 12 minutes||Statista|
|Total revenue generated by NFL in 2019||$16.5 billion||Statista|
Bracket sports betting, also known as tournament or knockout betting, involves creating brackets predicting the outcome of a series of games or matches. With the release of the NFL Schedule, fans and bettors alike have the opportunity to create brackets predicting which teams will make it to the Super Bowl. The NFL regular season consists of 256 games lasting an average of 3 hours and 12 minutes. In 2019, the NFL generated a whopping total revenue of $16.5 billion.
|Year||Total Bracket Bets Placed||Total Bracket Bets Revenue||Top Bracket Bet State|
|2019||47.6 million||$8.5 billion||New Jersey|
|2018||45 million||$10.4 billion||Nevada|
|2017||70 million||$10.4 billion||Nevada|
NBA Draft is a professional basketball event where teams select eligible players from college and various leagues. Bracket sports betting, also known as March Madness betting, is a popular way to engage with the NBA Draft. In 2019, over 47.6 million bets were placed resulting in a revenue of $8.5 billion. New Jersey emerged as the top state for bracket betting that year. The previous year saw a higher number of bets placed, with 70 million in 2017, resulting in $10.4 billion revenue, with Nevada being the top bracket betting state. These statistics show how popular bracket sports betting has become in recent years, attracting a massive number of participants and large revenues.
MLB All-Star Game
|Year||TV Viewership (in millions)|
The MLB All-Star Game is an annual event featuring some of the best players in Major League Baseball. The game’s format consists of players from the American League facing off against those from the National League. The location of the game changes every year, and it has been played since 1933. As one of the most popular events in baseball, the MLB All-Star Game attracts millions of viewers each year. In 2019, the game drew an audience of 8.14 million viewers.