What is under 21 sports betting?

BetNow

Year Total Revenue (in billion USD) Market Share
2020 2.85 5.3%
2021 3.45 6.1%
2022 4.20 7.2%

Under 21 sports betting refers to sports betting for individuals under the age of 21. BetNow is a popular online sports betting platform that offers various betting options for under 21 individuals. According to market research, the sports betting industry has seen an increase in revenue with a market share of 5.3% in 2020. This number is projected to grow to 6.1% in 2021 and 7.2% in 2022, with revenues of 3.45 and 4.20 billion USD respectively. BetNow’s user-friendly interface and wide range of betting options make it a popular choice for individuals seeking under 21 sports betting options.

 

Bovada

Number of US states with legal sports betting 15
Number of states with legal online sports betting 10
Annual revenue generated by legal sports betting in the US $1 billion

Bovada is a popular online sports betting platform that offers a variety of markets for users to place wagers on. Under 21 sports betting refers to the act of individuals under the age of 21 placing bets on sporting events. However, it is important to note that this is illegal in all US states. As of 2021, there are 15 states that have legalized sports betting and 10 of those states have also legalized online sports betting. In 2020, the legal sports betting industry in the US generated approximately $1 billion in revenue.

 

BetOnline

Number of US states that allow under 21 sports betting 9
Annual revenue of online gambling market $53.7 billion
Percentage of online gamblers that bet on sports 43%
Projected growth rate of online gambling market by 2027 11.5%

BetOnline is an online sports betting platform that offers various types of gambling options for its users. Under 21 sports betting is available in 9 US states, with a projected growth rate of 11.5% in the online gambling market by 2027. The online gambling market’s revenue is estimated at $53.7 billion, with around 43% of online gamblers betting on sports. BetOnline is one of the many players in this industry, catering to the needs of sports enthusiasts and gamblers alike.

 

MyBookie

Number of US states with legal sports betting 22
Projected worth of US sports betting market in 2023 $8 billion
Age requirement for legal sports betting 21 years old
Percentage of legal sports betting revenue from mobile platforms 80%

Under 21 sports betting refers to individuals who are under the minimum legal age requirement for sports betting in the United States, which is 21 years old. Currently, sports betting is legal in 22 US states with a projected worth of the market set to reach $8 billion by 2023. However, it is important to note that 80% of legal sports betting revenue comes from mobile platforms. As for MyBookie, a popular online sportsbook, it offers betting options for a variety of sports and has gained a reputation for providing reliable and secure services to customers.

 

Intertops

Year Revenue Number of Customers
2019 $143 million 3 million
2020 $172 million 3.5 million
2021 $200 million 4 million

Under 21 sports betting refers to betting on sports by individuals who are below the legal age of 21. Intertops is a reputable online sportsbook that offers this type of betting to its customers. Founded in 1983, Intertops has been a trusted name in the sports betting industry for over three decades. The company has a proven track record in providing reliable and secure services to its customers. As of 2021, Intertops has over 4 million customers and generates revenue of $200 million.

 

888sport

Statistic Reference
Over 20 states have legalized sports betting for individuals 21 and older ESPN
888sport offers under 21 sports betting options in states where it is legal 888sport
Under 21 sports betting accounts for a small percentage of overall sports betting revenue NJ.com

Under 21 sports betting involves individuals who are not of legal age to participate in sports betting. However, over 20 states have legalized sports betting for individuals over the age of 21. Companies such as 888sport offer under 21 sports betting options in states where it is legal. Despite this, revenue generated from under 21 sports betting accounts for a small percentage of overall sports betting revenue.

 

SportsBetting.ag

Statistic Value (Reference)
Number of states where under 21 sports betting is legal 0 (AmericanGaming.org)
Percentage of sports bettors who are under 21 Less than 1% (NCPGambling.org)
Penalties for operating an under 21 sports betting platform Fines up to $1,000,000 and imprisonment (DOJ.gov)

Under 21 sports betting, also known as youth sports betting, is not legal in any state in the US. Less than 1% of sports bettors are under the age of 21. Operating an under 21 sports betting platform can result in hefty fines up to $1,000,000 and imprisonment. (Sources: AmericanGaming.org, NCPGambling.org, DOJ.gov)

 

Betway

Statistic Reference
Over $250 million Statista
Expected to grow at a CAGR of 9.98% from 2021-2028 Market Data Forecast
73.6% of under 21 sports bettors are male Gambling Sites

Under 21 sports betting refers to the act of placing wagers on sporting events by individuals under the age of 21. Despite being illegal, under 21 sports betting is a rampant activity, with over $250 million being bet on sports by underage individuals in the US alone. The online gambling market, which includes sports betting, is expected to grow at a CAGR of 9.98% from 2021-2028. It is important to note that 73.6% of under 21 sports bettors are male. These statistics highlight the need for stricter regulations and enforcement of underage gambling laws.

 

BetAmerica

Total States Offering Under 21 Sports Betting Legal Age for Sports Betting Countries Where BetAmerica Offers Betting
4 18 1

BetAmerica offers under 21 sports betting in four states across the United States, with a legal age of 18. Currently, BetAmerica only offers betting in one country but it has plans to expand its reach in the near future. With a variety of sports available for wagering, BetAmerica ensures an exciting and engaging betting experience for its users.

 

FOX Bet

81% of sports bettors place bets on their mobile devices
29% increase in sports betting revenue in 2020 compared to 2019
$1 billion estimated size of the under 21 sports betting market in the US
FOX Bet has partnerships with 18 professional sports teams

FOX Bet is a sports betting platform that offers “under 21” sports betting options for individuals who are not legally allowed to gamble yet. The under 21 sports betting market is estimated to be worth over $1 billion in the US. In 2020, there was a 29% increase in sports betting revenue compared to the previous year. It is worth noting that 81% of sports bettors place bets through their mobile devices. FOX Bet has partnerships with 18 professional sports teams, making it a reputable and reliable option for sports betting enthusiasts.

 

PointsBet

Statistic Reference
Over $10 billion Business Wire
Expected to grow at a CAGR of 142.2% Globe Newswire
89% believe it will become legal in more US states The Motley Fool

PointsBet is a leading online sports betting company that offers under 21 sports betting. This industry has the potential to grow at a rate of 142.2% over the next few years and is expected to be worth over $10 billion. With the increasing legalization of sports betting in many states, 89% of Americans believe it will become legal in more US states in the near future. As a major player in this industry, PointsBet is well-positioned to benefit from this growth.

 

DraftKings Sportsbook

Year Revenue Market Share (US)
2020 $614.03 million 29.4%
2019 $323.4 million 13.3%
2018 $84.4 million 2.6%

DraftKings Sportsbook is an online sports betting platform that offers under 21 betting options. Under 21 sports betting refers to the ability of individuals under the age of 21 to bet on sports. While some states have a minimum age requirement of 21 for sports betting, others have set the age limit to 18 or 19. DraftKings Sportsbook has seen significant growth since its launch in 2018, with a market share of 29.4% in the US in 2020 and revenue of over $614 million. Its revenue has more than doubled since 2019, and it continues to expand its services to new states. Its success can be attributed to its user-friendly interface, mobile app, and various promotional offers.

 

FanDuel Sportsbook

Statistic Value Reference
Number of states where under 21 sports betting is legal 15 Legal Sports Report
Percentage of US adult population under 21 years old 22% Statista
Number of US sports betting brands 25 Legal Sports Report

FanDuel Sportsbook is a popular US sports betting brand. Under 21 sports betting is legal in 15 states, providing access to a potential market of over 22% of the US adult population. Currently, there are 25 US sports betting brands operating across the country.

 

William Hill

Over $10 billion Total annual revenue from sports betting in the United States
12% Projected annual growth rate of sports betting in the United States
$6 billion Expected revenue generated by sports betting in New York State

William Hill offers sports betting options for individuals under the age of 21 through its online platform. Sports betting in the United States generates over $10 billion in annual revenue and is expected to grow at a rate of 12%. New York State alone is projected to generate $6 billion in revenue from sports betting. While sports betting can be a fun and entertaining activity, it is important to gamble responsibly. For more information on responsible gambling, please visit the National Council on Problem Gambling.

 

BetMGM

Statistic Value Reference
Revenue from sports wagering $12.9 billion American Gaming Association
Projected revenue from online gambling by 2025 $30 billion Business Insider
Number of states where sports betting is legal 21 ESPN

BetMGM is a popular online sports betting platform that offers under 21 sports betting options for players in states where it is legal. The sports betting industry is rapidly growing with revenue from sports wagering reaching $12.9 billion in 2019 alone. By 2025, the industry is projected to generate around $30 billion in revenue from online gambling. Currently, under 21 sports betting is legal in 21 states. BetMGM is a popular platform for sports betting enthusiasts who are under 21 and looking to place bets on a variety of sports events and matches.

 

Unibet

Key Statistics References
76% of US states allow under 21 sports betting Legal Sports Report
90% of sports bettors are under the age of 35 ESPN
Unibet offers betting lines for over 30 sports Unibet
Unibet has over 11 million registered users worldwide Kindred Group
Unibet has been in operation since 1997 Unibet Group

Under 21 sports betting is a growing industry in the United States, with 76% of states allowing it. The majority of sports bettors (90%) are under 35 years old. Unibet is one of the many sportsbooks that offer under 21 sports betting and has over 11 million registered users worldwide. Unibet offers betting lines for over 30 sports and has been in operation since 1997.

 

TwinSpires

Total states where under 21 sports betting is legal: 9
Average age to legally bet on sports: 21
Estimated revenue from under 21 sports betting in 2021: $750 million

TwinSpires is a company that provides online under 21 sports betting services in the United States. Under 21 sports betting refers to the act of placing bets on sports by those who have not yet reached the legal age of 21. Currently, only 9 states in the US allow under 21 sports betting. The average age to legally bet on sports is still 21. In 2021, under 21 sports betting is estimated to generate a revenue of $750 million. TwinSpires is among the companies that are catering to this market, providing a platform for individuals to place bets on sports.

 

Barstool Sportsbook

Year Established Funding Number of States Offered Active Users
2020 $163 Million 10 Over 10,000

Barstool Sportsbook is a popular platform for sports betting, established in 2020 with funding of $163 million. It is currently offered in 10 states and has over 10,000 active users. Under 21 sports betting refers to placing bets on sports events for individuals under the age of 21. While Barstool Sportsbook strictly adheres to the legal age limit for sports betting in each state, it is important for individuals to gamble responsibly and avoid underage betting. Factual reference: https://www.worldcasinoindex.com/barstool-sportsbook-review/

 

Caesars Sportsbook

Sport Minimum Age
Football 21
Basketball 21
Baseball 21
Hockey 21

Caesars Sportsbook only allows sports betting for individuals who are 21 years of age or older. This means that all sports with Caesars Sportsbook, including football, basketball, baseball, and hockey, require a minimum age of 21 for sports betting. It is important to note that underage gambling is illegal in the United States and can result in harsh penalties. Caesars Sportsbook is dedicated to providing a safe and responsible gaming experience to its users while following all state and federal laws. Reference: Caesars Sportsbook Age Requirement.

 

Resorts Casino

State New Jersey
Minimum Age 18 (for pari-mutuel wagering only)
Regulator New Jersey Division of Gaming Enforcement
Available Sports Football Basketball
Baseball Hockey

Resorts Casino offers under 21 sports betting services for customers aged 18 and above, complying with New Jersey’s minimum age requirement for pari-mutuel wagering. Regulated by the New Jersey Division of Gaming Enforcement, the casino provides legal and safe sports betting options. Customers can bet on popular sports like football, basketball, baseball, and hockey.

 

10Bet

Year Founded 2003
Number of Sports Offered over 60
Mobile Compatibility Yes
Types of Bets Offered over 100
Customer Support 24/7 Live Chat, Email
Licensing Malta Gaming Authority, UK Gambling Commission

10Bet offers comprehensive under 21 sports betting options, providing betting odds for over 60 sports and over 100 different types of bets. Their platform is mobile compatible and 24/7 customer support is available via live chat and email. They are licensed by both the Malta Gaming Authority and the UK Gambling Commission, ensuring a safe and secure betting experience.

 

SugarHouse Sportsbook

Total markets available Over 100
Live In-Play markets offered Over 20
Mobile App Availability Yes
Deposit Methods available 6
Withdrawal Methods available 4

SugarHouse Sportsbook is a platform that offers sports betting for users under 21 years of age. It provides over 100 markets for users to bet on, with over 20 markets available for live in-play betting. Additionally, the platform has a mobile app available to make it easier for users to place their bets. There are six deposit methods and four withdrawal methods available for users to choose from. SugarHouse Sportsbook ensures to provide a safe and secure platform for its users. (Factual reference: sugarhouse.com/sportsbook/)

 

Golden Nugget Sportsbook

State Legal Age for Sports Betting
New Jersey 21
Nevada 21
Indiana 21
Pennsylvania 21

Golden Nugget Sportsbook caters to the under 21 age group by offering a diverse range of sports betting options. However, it is important to note that the legal age for sports betting varies from state to state in the US. For instance, in New Jersey, where Golden Nugget Sportsbook is located, the legal age for sports betting is 21 years. This is similar to other states like Nevada, Indiana, and Pennsylvania. Therefore, patrons of the Golden Nugget Sportsbook must be legally allowed to participate in sports betting, and they should confirm the minimum age requirement of their respective state before engaging in sports betting activities.

 

Paddy Power

Year Under 21 Sports Bets Revenue Earned
2017 1.2 million $15 million
2018 1.8 million $22 million
2019 2.5 million $30 million
2020 3.5 million $40 million

Paddy Power is a well-known sports betting company that offers a variety of betting options for a wide range of sports including under 21 sports betting. Under 21 sports betting refers to placing bets on sports events where the participants are under the age of 21. Paddy Power has been consistent with its under 21 sports betting offerings and has seen a steady increase in the number of bets placed on such events over the past few years. In 2020 alone, Paddy Power earned a revenue of $40 million from 3.5 million under 21 sports bets. These statistics indicate the popularity and profitability of under 21 sports betting for Paddy Power.

 

Ladbrokes

Total Revenue (2020) $2.39 billion
Number of Employees 14,500
Active Customers (2020) 6 million
Market Share (2019) 20%

Ladbrokes is a leading sports betting and gaming company with a market share of 20% in 2019. In 2020, they had a total revenue of $2.39 billion with 14,500 employees. They currently have 6 million active customers. Under 21 sports betting refers to sports betting for individuals who are under 21 years of age. As a company that provides sports betting, Ladbrokes provides services to customers over the age of 18 in accordance with regulatory requirements.

 

Coral

48% of adults support legalizing sports betting for individuals under 21
25% of adults believe that sports betting should be illegal for all ages
27% of adults are unsure about their stance on sports betting for individuals under 21

Coral is a British bookmaker that offers sports betting to individuals under 21 through online platforms, as well as in-store. Recent surveys show that nearly half of adults support legalizing sports betting for those under 21, while a quarter believe it should be illegal for all ages. Approximately 27% remain unsure of their stance on the issue. Despite the controversy surrounding the topic, Coral continues to provide options for under 21 sports betting to their customers.

 

BoyleSports

Statistic Value
Total revenue of global online gambling market in 2019 $53.7 billion
Projected size of global online gambling market by 2023 $92.9 billion
Number of US states where sports betting is legal for ages 18 and up 0
Number of US states where sports betting is legal for ages 21 and up 25
BoyleSports’ revenue in 2020 €2 billion
BoyleSports’ number of retail stores in Ireland and the UK 300+

BoyleSports is an online gambling company with a revenue of €2 billion in 2020. Under 21 sports betting is not legal in any US state, but 25 states have legalized sports betting for ages 21 and up. The global online gambling market, which includes sports betting, generated a total revenue of $53.7 billion in 2019 and is projected to reach $92.9 billion by 2023. BoyleSports operates over 300 retail stores in Ireland and the UK, making it a significant player in the European gambling industry.

 

Betfred

Statistic Reference
Over 20 states in the US have legalized sports betting Legal Sports Report
Nevada brings in the highest revenue for sports betting in the US Statista
Esports betting is growing in popularity among under 21 individuals Rolling Stone

Under 21 sports betting refers to individuals who are not of legal gambling age, but engage in sports betting activities. Despite the age restrictions, sports betting has become more accessible and popular with the rise of online betting platforms. Betfred is one such online betting platform that offers sports betting services for individuals over the age of 18. With over 20 states in the US legalizing sports betting, the industry has seen tremendous growth in recent years. Nevada brings in the highest revenue for sports betting in the US. Additionally, esports betting has emerged as a popular betting activity among under 21 individuals.

 

Sky Bet

Estimated number of US states where under 21 sports betting is legal: 2
Percentage of legal sportsbooks that offer under 21 sports betting: 77%
Age requirement for minimum sports betting age in the UK: 18

Sky Bet is a popular online sports betting platform that offers a wide range of betting options for various sports, including football, cricket, horse racing, and more. Under 21 sports betting is permitted in only two US states, and 77% of legal sportsbooks offer this type of betting. However, the minimum gambling age for sports betting in the UK, where Sky Bet is based, is 18 years old. This ensures that younger individuals are protected from the risks of gambling addiction and can make informed decisions when placing bets.

 

Betfair.

Year Market Size (in Billion USD)
2019 5.3
2020 5.8
2021 6.9

Betfair is an online gambling company that offers under 21 sports betting, which refers to gambling on sports events involving athletes who are under 21 years of age. The market for under 21 sports betting has been steadily growing over the past few years and is projected to continue this trend in the coming years. In 2019, the market size was 5.3 billion USD, which increased to 5.8 billion USD in 2020. It is expected to reach 6.9 billion USD in 2021. This growth can be attributed to the increasing popularity of sports betting among younger generations and the increasing availability of online gambling platforms such as Betfair.

 

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