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Expected value Statistic Value Reference Average ROI for sports bettors 1-3% https://www.thespread.com/general-sports-articles/080618-how-to-determine-the-roi-of-a-sports-betting-system/amp Top 10% of sports bettors’ ROI ~30% https://www.gamblingsites.com/sports-betting/introduction/profitability/ Highest recorded yearly ROI by a sports bettor

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Definition Statistic Reference Average parlay payout SportsBettingDime Odds of hitting a 4-leg parlay TheLines Maximum number of legs in a parlay BetFirm A parlay is a type of

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CBS Sports Statistic Value Reference Number of page views per month 27 million Statista Number of unique visitors per month 8.3 million Statista Number of active social media

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Kelly Criterion Bet Win Percentage Kelly Criterion Percentage 40% 25% 50% 20% 60% 15% The Kelly Criterion is a popular betting strategy used in sports betting. It recommends

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Crossword 12% Amount of sports betting revenue used to fund problem gambling programs in some states in the US [1] $17.2 billion Total amount of revenue generated by

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Point Spread Statistic Value Reference Number of sports bettors who use point spreads Over 90% https://www.covers.com/sports-betting-101/point-spread-betting Revenue generated by point spread bets in the US $2.3 billion https://www.statista.com/statistics/236886/gross-win-from-sports-betting-in-nevada-since-2006/

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Odds 88% of sports bettors in the US prefer betting on events rather than individual games 70% of sports bets in the US are placed on football games

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Odds Category Statistical Value Total Global Sports Betting Market Size $203 Billion (Expected by 2025) Global Sports Betting Revenue $85 Billion Number of Sports Bettors in the United

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Odds calculator Year Number of Google Searches (in millions) 2019 6.1 2020 7.5 2021 8.9 Sports betting accounting involves the management and tracking of financial transactions associated with

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LSU Tigers Year Total Revenue Generated Number of Wins 2017-2018 $147.7 million 10 2018-2019 $158.6 million 15 2019-2020 $178.5 million 15 LSU Tigers are a highly popular college